Cochin Shipyard Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 13, 2025, 9:37 pm

Market Cap	56,823 Cr.
Current Price	2,162
High / Low	2,979/1,180
Stock P/E	67.4
Book Value	213
Dividend Yield	0.45 %
ROCE	20.1 %
ROE	15.8 %
Face Value	5.00
PEG Ratio	10.93

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Cochin Shipyard Ltd

Competitors of Cochin Shipyard Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hariyana Ship Breakers Ltd	80.4 Cr.	130	240/91.0	50.3	238	0.00 %	3.20 %	1.10 %	10.0
Reliance Naval & Engineering Ltd	170 Cr.	2.30	/		4.98	0.00 %	3.53 %	23.8 %	10.0
Mazagon Dock Shipbuilders Ltd	1,29,501 Cr.	3,210	3,778/1,678	55.7	178	0.45 %	48.8 %	36.5 %	5.00
Cochin Shipyard Ltd	56,823 Cr.	2,162	2,979/1,180	67.4	213	0.45 %	20.1 %	15.8 %	5.00
Industry Average	62,164.67 Cr	1,376.08		57.80	158.50	0.23%	18.91%	19.30%	7.50

All Competitor Stocks of Cochin Shipyard Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	1,211	440	683	631	577	444	954	1,021	1,225	710	1,097	1,070	1,651
Expenses	912	406	543	477	643	362	759	710	939	527	901	828	1,398
Operating Profit	299	34	139	154	-66	82	195	311	286	182	196	242	253
OPM %	25%	8%	20%	24%	-11%	18%	20%	30%	23%	26%	18%	23%	15%
Other Income	113	57	61	23	131	84	88	56	79	80	100	45	156
Interest	12	12	12	12	-2	8	9	8	6	6	9	11	11
Depreciation	14	14	15	14	9	13	15	15	14	14	21	27	22
Profit before tax	386	65	174	151	58	145	258	345	345	242	266	249	376
Tax %	26%	25%	31%	21%	19%	25%	26%	28%	23%	25%	28%	26%	24%
Net Profit	284	49	120	118	47	109	191	248	265	181	193	184	285
EPS in Rs	10.80	1.86	4.55	4.50	1.80	4.16	7.26	9.43	10.06	6.87	7.34	7.01	10.82

Last Updated: May 31, 2025, 9:30 am

Below is a detailed analysis of the quarterly data for Cochin Shipyard Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,651.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,070.00 Cr. (Dec 2024) to 1,651.00 Cr., marking an increase of 581.00 Cr..
For Expenses, as of Mar 2025, the value is 1,398.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 828.00 Cr. (Dec 2024) to 1,398.00 Cr., marking an increase of 570.00 Cr..
For Operating Profit, as of Mar 2025, the value is 253.00 Cr.. The value appears strong and on an upward trend. It has increased from 242.00 Cr. (Dec 2024) to 253.00 Cr., marking an increase of 11.00 Cr..
For OPM %, as of Mar 2025, the value is 15.00%. The value appears to be declining and may need further review. It has decreased from 23.00% (Dec 2024) to 15.00%, marking a decrease of 8.00%.
For Other Income, as of Mar 2025, the value is 156.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Dec 2024) to 156.00 Cr., marking an increase of 111.00 Cr..
For Interest, as of Mar 2025, the value is 11.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 11.00 Cr..
For Depreciation, as of Mar 2025, the value is 22.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 27.00 Cr. (Dec 2024) to 22.00 Cr., marking a decrease of 5.00 Cr..
For Profit before tax, as of Mar 2025, the value is 376.00 Cr.. The value appears strong and on an upward trend. It has increased from 249.00 Cr. (Dec 2024) to 376.00 Cr., marking an increase of 127.00 Cr..
For Tax %, as of Mar 2025, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Dec 2024) to 24.00%, marking a decrease of 2.00%.
For Net Profit, as of Mar 2025, the value is 285.00 Cr.. The value appears strong and on an upward trend. It has increased from 184.00 Cr. (Dec 2024) to 285.00 Cr., marking an increase of 101.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 10.82. The value appears strong and on an upward trend. It has increased from 7.01 (Dec 2024) to 10.82, marking an increase of 3.81.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:33 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,680	1,798	1,583	1,990	2,059	2,355	2,966	3,422	2,819	3,190	2,330	3,645	4,102
Expenses	1,327	1,381	1,493	1,598	1,669	1,890	2,392	2,708	2,092	2,555	2,057	2,760	3,196
Operating Profit	353	417	90	393	390	465	574	714	727	635	273	885	906
OPM %	21%	23%	6%	20%	19%	20%	19%	21%	26%	20%	12%	24%	22%
Other Income	87	61	77	107	154	189	227	247	194	266	268	307	304
Interest	23	20	19	12	12	12	15	50	57	53	42	42	32
Depreciation	19	25	38	37	39	38	34	49	53	54	51	57	75
Profit before tax	397	433	110	450	493	605	751	863	811	794	448	1,094	1,103
Tax %	33%	35%	37%	35%	35%	34%	36%	26%	25%	26%	25%	26%
Net Profit	266	282	69	292	322	397	481	638	610	587	334	813	823
EPS in Rs	11.75	12.43	3.06	12.88	14.19	14.59	18.29	24.24	23.19	22.29	12.71	30.91	31.28
Dividend Payout %	6%	6%	25%	30%	32%	41%	36%	34%	33%	38%	67%	32%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	6.02%	-75.53%	323.19%	10.27%	23.29%	21.16%	32.64%	-4.39%	-3.77%	-43.10%	143.41%
Change in YoY Net Profit Growth (%)	0.00%	-81.55%	398.72%	-312.91%	13.02%	-2.13%	11.48%	-37.03%	0.62%	-39.33%	186.51%

Cochin Shipyard Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	6%
3 Years:	12%
TTM:	24%

Compounded Profit Growth
10 Years:	28%
5 Years:	6%
3 Years:	13%
TTM:	4%

Stock Price CAGR
10 Years:	%
5 Years:	74%
3 Years:	140%
1 Year:	8%

Return on Equity
10 Years:	15%
5 Years:	14%
3 Years:	13%
Last Year:	16%

Last Updated: Unknown

Balance Sheet

Last Updated: June 12, 2025, 3:40 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	113	113	113	113	136	132	132	132	132	132	132	132
Reserves	1,376	1,441	1,711	1,915	3,120	3,201	3,600	3,846	4,228	4,292	4,894	5,479
Borrowings	334	123	123	123	123	123	123	532	546	567	489	501
Other Liabilities	1,164	1,214	1,402	1,170	2,103	1,793	2,554	2,893	3,413	4,919	6,366	6,934
Total Liabilities	2,987	2,891	3,349	3,321	5,482	5,248	6,409	7,403	8,318	9,909	11,880	13,045
Fixed Assets	370	370	370	371	349	375	756	756	740	716	722	2,804
CWIP	8	13	24	54	115	341	768	1,062	1,247	1,603	2,189	511
Investments	0	0	0	0	16	60	65	214	262	336	355	359
Other Assets	2,609	2,508	2,954	2,897	5,001	4,472	4,819	5,371	6,069	7,254	8,614	9,372
Total Assets	2,987	2,891	3,349	3,321	5,482	5,248	6,409	7,403	8,318	9,909	11,880	13,045

Below is a detailed analysis of the balance sheet data for Cochin Shipyard Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 132.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 132.00 Cr..
For Reserves, as of Mar 2025, the value is 5,479.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,894.00 Cr. (Mar 2024) to 5,479.00 Cr., marking an increase of 585.00 Cr..
For Borrowings, as of Mar 2025, the value is 501.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 489.00 Cr. (Mar 2024) to 501.00 Cr., marking an increase of 12.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 6,934.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6,366.00 Cr. (Mar 2024) to 6,934.00 Cr., marking an increase of 568.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 13,045.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,880.00 Cr. (Mar 2024) to 13,045.00 Cr., marking an increase of 1,165.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 2,804.00 Cr.. The value appears strong and on an upward trend. It has increased from 722.00 Cr. (Mar 2024) to 2,804.00 Cr., marking an increase of 2,082.00 Cr..
For CWIP, as of Mar 2025, the value is 511.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,189.00 Cr. (Mar 2024) to 511.00 Cr., marking a decrease of 1,678.00 Cr..
For Investments, as of Mar 2025, the value is 359.00 Cr.. The value appears strong and on an upward trend. It has increased from 355.00 Cr. (Mar 2024) to 359.00 Cr., marking an increase of 4.00 Cr..
For Other Assets, as of Mar 2025, the value is 9,372.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,614.00 Cr. (Mar 2024) to 9,372.00 Cr., marking an increase of 758.00 Cr..
For Total Assets, as of Mar 2025, the value is 13,045.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,880.00 Cr. (Mar 2024) to 13,045.00 Cr., marking an increase of 1,165.00 Cr..

Notably, the Reserves (5,479.00 Cr.) exceed the Borrowings (501.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-584	663	40	212	632	-448	253	670	1,415	2,051	-173	-269
Cash from Investing Activity +	15	16	47	65	-1,328	1,044	-74	-446	-1,011	-226	478	613
Cash from Financing Activity +	271	-235	-32	-113	812	-409	-309	-405	-238	-272	-371	-279
Net Cash Flow	-298	444	55	165	116	186	-130	-181	166	1,553	-65	65

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	353.00	83.00	-33.00	270.00	267.00	342.00	451.00	591.00	195.00	89.00	-294.00	396.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	149	244	134	83	54	90	48	31	46	50	52	34
Inventory Days	157	177	113	81	70	98	70	65	130	65	116	215
Days Payable	62	77	64	74	59	83	84	85	130	37	69	95
Cash Conversion Cycle	244	345	184	91	66	104	34	10	46	78	99	154
Working Capital Days	2	274	-71	-95	-57	-114	-27	9	-2	-88	-402	-170
ROCE %	38%	30%	7%	26%	25%	22%	22%	25%	21%	18%	9%	22%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	72.86%	72.86%	72.86%	72.86%	72.86%	72.86%	72.86%	72.86%	72.86%	72.86%	72.86%	67.91%
FIIs	2.73%	2.75%	3.68%	6.87%	6.28%	5.73%	5.82%	4.11%	5.23%	4.94%	3.84%	2.91%
DIIs	4.29%	4.37%	4.96%	3.87%	3.78%	3.21%	2.24%	2.20%	2.45%	2.50%	3.00%	6.63%
Public	20.12%	20.02%	18.48%	16.39%	17.07%	18.19%	19.07%	20.84%	19.47%	19.71%	20.31%	22.54%
No. of Shareholders	1,71,090	1,70,100	1,64,504	1,69,257	1,69,264	1,80,979	2,66,437	2,92,212	3,96,327	6,34,075	8,41,968	9,81,567

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India CPSE ETF	4,341,563	1.04	378.5	4,341,563	2025-04-22 16:00:46	0%
Canara Robeco Small Cap Fund	974,143	0.9	84.93	974,143	2025-04-22 16:00:46	0%
Nippon India Nifty Smallcap 250 Index Fund	53,544	0.43	4.67	53,544	2025-04-22 16:00:46	0%
Motilal Oswal Nifty Smallcap 250 Index Fund	28,827	0.43	2.51	28,827	2025-04-22 16:00:46	0%
HDFC NIFTY Smallcap 250 ETF	11,941	0.43	1.04	11,941	2025-04-22 16:00:46	0%
HDFC Nifty Smallcap 250 Index Fund	6,704	0.43	0.58	6,704	2025-04-22 16:00:46	0%
Shriram Aggressive Hybrid Fund	5,109	0.97	0.45	5,109	2025-04-22 16:00:46	0%
Motilal Oswal Nifty 500 Index Fund	3,236	0.04	0.28	3,236	2025-04-22 16:00:46	0%
Shriram Flexi Cap Fund	2,776	0.29	0.24	2,776	2025-04-22 16:00:46	0%
Edelweiss Nifty Smallcap 250 Index Fund	1,877	0.43	0.16	1,877	2025-04-22 16:00:46	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	29.77	23.16	42.87	46.27	48.05
Diluted EPS (Rs.)	29.77	23.16	42.87	46.27	48.05
Cash EPS (Rs.)	32.61	28.40	48.17	50.82	51.77
Book Value[Excl.RevalReserv]/Share (Rs.)	190.18	336.60	333.98	306.63	283.02
Book Value[Incl.RevalReserv]/Share (Rs.)	190.18	336.60	333.98	306.63	283.02
Revenue From Operations / Share (Rs.)	145.60	179.76	242.58	214.30	260.19
PBDIT / Share (Rs.)	44.81	35.01	67.31	68.92	72.34
PBIT / Share (Rs.)	41.97	29.77	62.02	64.37	68.62
PBT / Share (Rs.)	40.71	31.81	58.23	61.44	65.20
Net Profit / Share (Rs.)	29.77	23.16	42.87	46.27	48.05
NP After MI And SOA / Share (Rs.)	29.77	23.16	42.87	46.27	48.05
PBDIT Margin (%)	30.77	19.47	27.74	32.16	27.80
PBIT Margin (%)	28.82	16.56	25.56	30.03	26.37
PBT Margin (%)	27.95	17.69	24.00	28.66	25.06
Net Profit Margin (%)	20.44	12.88	17.67	21.59	18.46
NP After MI And SOA Margin (%)	20.44	12.88	17.67	21.59	18.46
Return on Networth / Equity (%)	15.65	6.88	12.83	15.09	16.97
Return on Capital Employeed (%)	19.98	7.99	16.48	18.48	21.23
Return On Assets (%)	6.50	3.04	6.70	8.09	9.86
Long Term Debt / Equity (X)	0.00	0.01	0.02	0.03	0.03
Total Debt / Equity (X)	0.00	0.03	0.02	0.03	0.03
Asset Turnover Ratio (%)	0.34	0.25	0.40	0.40	0.58
Current Ratio (X)	1.33	1.39	1.68	1.72	2.05
Quick Ratio (X)	1.17	1.32	1.59	1.57	1.91
Inventory Turnover Ratio (X)	2.48	3.30	4.42	3.27	6.02
Dividend Payout Ratio (NP) (%)	30.22	76.62	36.15	60.51	30.44
Dividend Payout Ratio (CP) (%)	27.60	62.50	32.17	55.09	28.26
Earning Retention Ratio (%)	69.78	23.38	63.85	39.49	69.56
Cash Earning Retention Ratio (%)	72.40	37.50	67.83	44.91	71.74
Interest Coverage Ratio (X)	35.46	13.15	18.79	17.69	21.18
Interest Coverage Ratio (Post Tax) (X)	24.56	7.93	13.03	12.63	15.07
Enterprise Value (Cr.)	19093.09	1633.54	776.96	2850.78	1403.73
EV / Net Operating Revenue (X)	4.98	0.69	0.24	1.01	0.41
EV / EBITDA (X)	16.20	3.55	0.87	3.14	1.48
MarketCap / Net Operating Revenue (X)	5.99	2.65	1.21	1.75	1.02
Retention Ratios (%)	69.77	23.37	63.84	39.48	69.55
Price / BV (X)	4.58	1.41	0.88	1.22	0.93
Price / Net Operating Revenue (X)	5.99	2.65	1.21	1.75	1.02
EarningsYield	0.03	0.04	0.14	0.12	0.18

After reviewing the key financial ratios for Cochin Shipyard Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. It has decreased from 10.00 (Mar 23) to 5.00, marking a decrease of 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 29.77. This value is within the healthy range. It has increased from 23.16 (Mar 23) to 29.77, marking an increase of 6.61.
For Diluted EPS (Rs.), as of Mar 24, the value is 29.77. This value is within the healthy range. It has increased from 23.16 (Mar 23) to 29.77, marking an increase of 6.61.
For Cash EPS (Rs.), as of Mar 24, the value is 32.61. This value is within the healthy range. It has increased from 28.40 (Mar 23) to 32.61, marking an increase of 4.21.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 190.18. It has decreased from 336.60 (Mar 23) to 190.18, marking a decrease of 146.42.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 190.18. It has decreased from 336.60 (Mar 23) to 190.18, marking a decrease of 146.42.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 145.60. It has decreased from 179.76 (Mar 23) to 145.60, marking a decrease of 34.16.
For PBDIT / Share (Rs.), as of Mar 24, the value is 44.81. This value is within the healthy range. It has increased from 35.01 (Mar 23) to 44.81, marking an increase of 9.80.
For PBIT / Share (Rs.), as of Mar 24, the value is 41.97. This value is within the healthy range. It has increased from 29.77 (Mar 23) to 41.97, marking an increase of 12.20.
For PBT / Share (Rs.), as of Mar 24, the value is 40.71. This value is within the healthy range. It has increased from 31.81 (Mar 23) to 40.71, marking an increase of 8.90.
For Net Profit / Share (Rs.), as of Mar 24, the value is 29.77. This value is within the healthy range. It has increased from 23.16 (Mar 23) to 29.77, marking an increase of 6.61.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 29.77. This value is within the healthy range. It has increased from 23.16 (Mar 23) to 29.77, marking an increase of 6.61.
For PBDIT Margin (%), as of Mar 24, the value is 30.77. This value is within the healthy range. It has increased from 19.47 (Mar 23) to 30.77, marking an increase of 11.30.
For PBIT Margin (%), as of Mar 24, the value is 28.82. This value exceeds the healthy maximum of 20. It has increased from 16.56 (Mar 23) to 28.82, marking an increase of 12.26.
For PBT Margin (%), as of Mar 24, the value is 27.95. This value is within the healthy range. It has increased from 17.69 (Mar 23) to 27.95, marking an increase of 10.26.
For Net Profit Margin (%), as of Mar 24, the value is 20.44. This value exceeds the healthy maximum of 10. It has increased from 12.88 (Mar 23) to 20.44, marking an increase of 7.56.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 20.44. This value exceeds the healthy maximum of 20. It has increased from 12.88 (Mar 23) to 20.44, marking an increase of 7.56.
For Return on Networth / Equity (%), as of Mar 24, the value is 15.65. This value is within the healthy range. It has increased from 6.88 (Mar 23) to 15.65, marking an increase of 8.77.
For Return on Capital Employeed (%), as of Mar 24, the value is 19.98. This value is within the healthy range. It has increased from 7.99 (Mar 23) to 19.98, marking an increase of 11.99.
For Return On Assets (%), as of Mar 24, the value is 6.50. This value is within the healthy range. It has increased from 3.04 (Mar 23) to 6.50, marking an increase of 3.46.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.01 (Mar 23) to 0.00, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. It has decreased from 0.03 (Mar 23) to 0.00, marking a decrease of 0.03.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.34. It has increased from 0.25 (Mar 23) to 0.34, marking an increase of 0.09.
For Current Ratio (X), as of Mar 24, the value is 1.33. This value is below the healthy minimum of 1.5. It has decreased from 1.39 (Mar 23) to 1.33, marking a decrease of 0.06.
For Quick Ratio (X), as of Mar 24, the value is 1.17. This value is within the healthy range. It has decreased from 1.32 (Mar 23) to 1.17, marking a decrease of 0.15.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.48. This value is below the healthy minimum of 4. It has decreased from 3.30 (Mar 23) to 2.48, marking a decrease of 0.82.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 30.22. This value is within the healthy range. It has decreased from 76.62 (Mar 23) to 30.22, marking a decrease of 46.40.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 27.60. This value is within the healthy range. It has decreased from 62.50 (Mar 23) to 27.60, marking a decrease of 34.90.
For Earning Retention Ratio (%), as of Mar 24, the value is 69.78. This value is within the healthy range. It has increased from 23.38 (Mar 23) to 69.78, marking an increase of 46.40.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 72.40. This value exceeds the healthy maximum of 70. It has increased from 37.50 (Mar 23) to 72.40, marking an increase of 34.90.
For Interest Coverage Ratio (X), as of Mar 24, the value is 35.46. This value is within the healthy range. It has increased from 13.15 (Mar 23) to 35.46, marking an increase of 22.31.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 24.56. This value is within the healthy range. It has increased from 7.93 (Mar 23) to 24.56, marking an increase of 16.63.
For Enterprise Value (Cr.), as of Mar 24, the value is 19,093.09. It has increased from 1,633.54 (Mar 23) to 19,093.09, marking an increase of 17,459.55.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.98. This value exceeds the healthy maximum of 3. It has increased from 0.69 (Mar 23) to 4.98, marking an increase of 4.29.
For EV / EBITDA (X), as of Mar 24, the value is 16.20. This value exceeds the healthy maximum of 15. It has increased from 3.55 (Mar 23) to 16.20, marking an increase of 12.65.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 5.99. This value exceeds the healthy maximum of 3. It has increased from 2.65 (Mar 23) to 5.99, marking an increase of 3.34.
For Retention Ratios (%), as of Mar 24, the value is 69.77. This value is within the healthy range. It has increased from 23.37 (Mar 23) to 69.77, marking an increase of 46.40.
For Price / BV (X), as of Mar 24, the value is 4.58. This value exceeds the healthy maximum of 3. It has increased from 1.41 (Mar 23) to 4.58, marking an increase of 3.17.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 5.99. This value exceeds the healthy maximum of 3. It has increased from 2.65 (Mar 23) to 5.99, marking an increase of 3.34.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.03, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Cochin Shipyard Ltd as of June 13, 2025 is: 1,822.79

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 13, 2025, Cochin Shipyard Ltd is Overvalued by 15.69% compared to the current share price 2,162.00

Intrinsic Value of Cochin Shipyard Ltd as of June 13, 2025 is: 1,935.22

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 13, 2025, Cochin Shipyard Ltd is Overvalued by 10.49% compared to the current share price 2,162.00

Last 5 Year EPS CAGR: 6.17%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 22.08%, which is a positive sign. The stock has a low average Working Capital Days of -61.75, which is a positive sign. The company has higher reserves (3,258.58 cr) compared to borrowings (308.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.08 cr) and profit (473.62 cr) over the years.	The stock has a high average Cash Conversion Cycle of 121.25, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Cochin Shipyard Ltd:
1. Net Profit Margin: 20.44%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 19.98% (Industry Average ROCE: 18.91%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 15.65% (Industry Average ROE: 19.3%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 24.56
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.17
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 67.4 (Industry average Stock P/E: 57.8)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Cochin Shipyard Ltd. is a Public Limited Listed company incorporated on 29/03/1972 and has its registered office in the State of Kerala, India. Company's Corporate Identification Number(CIN) is L63032KL1972GOI002414 and registration number is 002414. Currently Company is involved in the business activities of Building of ships and boats. Company's Total Operating Revenue is Rs. 4527.84 Cr. and Equity Capital is Rs. 131.54 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Ship - Docks/Breaking/Repairs	Administrative Building, Ernakulam Kerala 682015	secretary@cochinshipyard.in http://www.cochinshipyard.in

Management
Name	Position Held
Mr. Madhu S Nair	Chairman & Managing Director
Mr. Bejoy Bhasker	Director - Technical
Mr. Sreejith Katayamkot Narayanan	Director - Operations
Mr. V J Jose	Director - Finance & CFO
Mr. Nahar Singh Maheshwari	Non Official Independent Director
Mr. Ashok Sharma	Non Official Independent Director
Mr. M Venkatesan	Non Official Independent Director
Mr. Abhijit Biswas	Non Official Independent Director
Mrs. Amrapali Prashant Salve	Non Official Independent Director
Mr. Rajesh Kumar Sinha	Part Time Official (Nominee) Director
Mr. Biju Prabhakar	Part Time Official (Nominee) Director

FAQ

What is the intrinsic value of Cochin Shipyard Ltd?

Cochin Shipyard Ltd's intrinsic value (as of 13 June 2025) is ₹1822.79 — 15.69% lower the current market price of 2,162.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 56,823 Cr. market cap, FY2025-2026 high/low of ₹2,979/1,180, reserves of 5,479 Cr, and liabilities of 13,045 Cr.

What is the Market Cap of Cochin Shipyard Ltd?

The Market Cap of Cochin Shipyard Ltd is 56,823 Cr..

What is the current Stock Price of Cochin Shipyard Ltd as on 13 June 2025?

The current stock price of Cochin Shipyard Ltd as on 13 June 2025 is 2,162.

What is the High / Low of Cochin Shipyard Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Cochin Shipyard Ltd stocks is ₹2,979/1,180.

What is the Stock P/E of Cochin Shipyard Ltd?

The Stock P/E of Cochin Shipyard Ltd is 67.4.

What is the Book Value of Cochin Shipyard Ltd?

The Book Value of Cochin Shipyard Ltd is 213.

What is the Dividend Yield of Cochin Shipyard Ltd?

The Dividend Yield of Cochin Shipyard Ltd is 0.45 %.

What is the ROCE of Cochin Shipyard Ltd?

The ROCE of Cochin Shipyard Ltd is 20.1 %.

What is the ROE of Cochin Shipyard Ltd?

The ROE of Cochin Shipyard Ltd is 15.8 %.

What is the Face Value of Cochin Shipyard Ltd?

The Face Value of Cochin Shipyard Ltd is 5.00.