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Last Updated: February 27, 2026, 8:17 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 540678 | NSE: COCHINSHIP

Cochin Shipyard Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 27, 2026, 8:17 pm

Market Cap 39,249 Cr.
Current Price 1,492
Intrinsic Value₹1,598.42
High / Low 2,547/1,200
Stock P/E55.2
Book Value 219
Dividend Yield0.65 %
ROCE20.4 %
ROE15.8 %
Face Value 5.00
PEG Ratio14.04

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

View Share Price Target for Cochin Shipyard Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Cochin Shipyard Ltd 39,249 Cr. 1,492 2,547/1,20055.2 2190.65 %20.4 %15.8 % 5.00
Swan Defence and Heavy Industries Ltd 8,959 Cr. 1,700 2,052/61.3 46.50.00 %5.76 %46.3 % 10.0
Mazagon Dock Shipbuilders Ltd 89,770 Cr. 2,225 3,778/2,04839.0 2000.78 %48.8 %36.5 % 5.00
Hariyana Ship Breakers Ltd 67.8 Cr. 110 149/91.06.64 2430.00 %3.20 %1.10 % 10.0
Industry Average45,992.67 Cr1,381.7533.61177.130.36%19.54%24.93%7.50

All Competitor Stocks of Cochin Shipyard Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 6315774449541,0211,2257101,0971,0701,6519779511,165
Expenses 4776433627597109395279018281,398744895999
Operating Profit 154-668219531128618219624225323456166
OPM % 24%-11%18%20%30%23%26%18%23%15%24%6%14%
Other Income 231318488567980100451565512773
Interest 12-28986691111111726
Depreciation 1491315151414212722292628
Profit before tax 15158145258345345242266249376249140186
Tax % 21%19%25%26%28%23%25%28%26%24%24%28%26%
Net Profit 11847109191248265181193184285188101138
EPS in Rs 4.501.804.167.269.4310.066.877.347.0110.827.143.845.23

Last Updated: February 6, 2026, 7:16 am

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

  • For Sales, as of Dec 2025, the value is 1,165.00 Cr.. The value appears strong and on an upward trend. It has increased from 951.00 Cr. (Sep 2025) to 1,165.00 Cr., marking an increase of 214.00 Cr..
  • For Expenses, as of Dec 2025, the value is 999.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 895.00 Cr. (Sep 2025) to 999.00 Cr., marking an increase of 104.00 Cr..
  • For Operating Profit, as of Dec 2025, the value is 166.00 Cr.. The value appears strong and on an upward trend. It has increased from 56.00 Cr. (Sep 2025) to 166.00 Cr., marking an increase of 110.00 Cr..
  • For OPM %, as of Dec 2025, the value is 14.00%. The value appears strong and on an upward trend. It has increased from 6.00% (Sep 2025) to 14.00%, marking an increase of 8.00%.
  • For Other Income, as of Dec 2025, the value is 73.00 Cr.. The value appears to be declining and may need further review. It has decreased from 127.00 Cr. (Sep 2025) to 73.00 Cr., marking a decrease of 54.00 Cr..
  • For Interest, as of Dec 2025, the value is 26.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 17.00 Cr. (Sep 2025) to 26.00 Cr., marking an increase of 9.00 Cr..
  • For Depreciation, as of Dec 2025, the value is 28.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 26.00 Cr. (Sep 2025) to 28.00 Cr., marking an increase of 2.00 Cr..
  • For Profit before tax, as of Dec 2025, the value is 186.00 Cr.. The value appears strong and on an upward trend. It has increased from 140.00 Cr. (Sep 2025) to 186.00 Cr., marking an increase of 46.00 Cr..
  • For Tax %, as of Dec 2025, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Sep 2025) to 26.00%, marking a decrease of 2.00%.
  • For Net Profit, as of Dec 2025, the value is 138.00 Cr.. The value appears strong and on an upward trend. It has increased from 101.00 Cr. (Sep 2025) to 138.00 Cr., marking an increase of 37.00 Cr..
  • For EPS in Rs, as of Dec 2025, the value is 5.23. The value appears strong and on an upward trend. It has increased from 3.84 (Sep 2025) to 5.23, marking an increase of 1.39.

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: February 23, 2026, 7:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,7981,5831,9902,0592,3552,9663,4222,8193,1902,3303,6454,5284,745
Expenses 1,3811,4931,5981,6691,8902,3922,7082,0922,5552,0572,7603,6424,036
Operating Profit 41790393390465574714727635273885886710
OPM % 23%6%20%19%20%19%21%26%20%12%24%20%15%
Other Income 6177107154189227247194266268307380411
Interest 20191212121550575342424964
Depreciation 253837393834495354515784105
Profit before tax 4331104504936057518638117944481,0941,134951
Tax % 35%37%35%35%34%36%26%25%26%25%26%26%
Net Profit 28269292322397481638610587334813843711
EPS in Rs 12.433.0612.8814.1914.5918.2924.2423.1922.2912.7130.9132.0427.03
Dividend Payout % 6%25%30%32%41%36%34%33%38%67%32%30%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-75.53%323.19%10.27%23.29%21.16%32.64%-4.39%-3.77%-43.10%143.41%3.69%
Change in YoY Net Profit Growth (%)0.00%398.72%-312.91%13.02%-2.13%11.48%-37.03%0.62%-39.33%186.51%-139.72%

Cochin Shipyard Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:11%
5 Years:6%
3 Years:12%
TTM:23%
Compounded Profit Growth
10 Years:28%
5 Years:6%
3 Years:13%
TTM:-4%
Stock Price CAGR
10 Years:%
5 Years:59%
3 Years:107%
1 Year:-13%
Return on Equity
10 Years:15%
5 Years:14%
3 Years:13%
Last Year:16%

Last Updated: September 5, 2025, 2:05 am

Balance Sheet

Last Updated: December 4, 2025, 1:07 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 113113113113136132132132132132132132132
Reserves 1,3761,4411,7111,9153,1203,2013,6003,8464,2284,2924,8945,4795,641
Borrowings 3341231231231231231235325465674895011,048
Other Liabilities 1,1641,2141,4021,1702,1031,7932,5542,8933,4134,9196,3666,9346,910
Total Liabilities 2,9872,8913,3493,3215,4825,2486,4097,4038,3189,90911,88013,04513,730
Fixed Assets 3703703703713493757567567407167222,8042,927
CWIP 81324541153417681,0621,2471,6032,189511575
Investments 0000166065214262336355359360
Other Assets 2,6092,5082,9542,8975,0014,4724,8195,3716,0697,2548,6149,3729,868
Total Assets 2,9872,8913,3493,3215,4825,2486,4097,4038,3189,90911,88013,04513,730

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

  • For Equity Capital, as of Sep 2025, the value is 132.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 132.00 Cr..
  • For Reserves, as of Sep 2025, the value is 5,641.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,479.00 Cr. (Mar 2025) to 5,641.00 Cr., marking an increase of 162.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 1,048.00 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 501.00 Cr. (Mar 2025) to 1,048.00 Cr., marking an increase of 547.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 6,910.00 Cr.. The value appears to be improving (decreasing). It has decreased from 6,934.00 Cr. (Mar 2025) to 6,910.00 Cr., marking a decrease of 24.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 13,730.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13,045.00 Cr. (Mar 2025) to 13,730.00 Cr., marking an increase of 685.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 2,927.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,804.00 Cr. (Mar 2025) to 2,927.00 Cr., marking an increase of 123.00 Cr..
  • For CWIP, as of Sep 2025, the value is 575.00 Cr.. The value appears strong and on an upward trend. It has increased from 511.00 Cr. (Mar 2025) to 575.00 Cr., marking an increase of 64.00 Cr..
  • For Investments, as of Sep 2025, the value is 360.00 Cr.. The value appears strong and on an upward trend. It has increased from 359.00 Cr. (Mar 2025) to 360.00 Cr., marking an increase of 1.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 9,868.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,372.00 Cr. (Mar 2025) to 9,868.00 Cr., marking an increase of 496.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 13,730.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,045.00 Cr. (Mar 2025) to 13,730.00 Cr., marking an increase of 685.00 Cr..

Notably, the Reserves (5,641.00 Cr.) exceed the Borrowings (1,048.00 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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -58466340212632-4482536701,4152,051-173-269
Cash from Investing Activity + 15164765-1,3281,044-74-446-1,011-226478613
Cash from Financing Activity + 271-235-32-113812-409-309-405-238-272-371-279
Net Cash Flow -29844455165116186-130-1811661,553-6565

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow83.00-33.00270.00267.00342.00451.00591.00195.0089.00-294.00396.00385.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 24413483549048314650522918
Inventory Days 177113817098706513065116215323
Days Payable 7764745983848513037699571
Cash Conversion Cycle 34518491661043410467899150271
Working Capital Days 232-71-95-57-114-279-5-92-426-174-56
ROCE %30%7%26%25%22%22%25%21%18%9%22%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 72.86%72.86%72.86%72.86%72.86%72.86%72.86%67.91%67.91%67.91%67.91%67.91%
FIIs 6.28%5.73%5.82%4.11%5.23%4.94%3.84%2.91%2.88%3.87%3.22%2.74%
DIIs 3.78%3.21%2.24%2.20%2.45%2.50%3.00%6.63%6.82%6.33%6.48%6.47%
Public 17.07%18.19%19.07%20.84%19.47%19.71%20.31%22.54%22.39%21.90%22.38%22.88%
No. of Shareholders 1,69,2641,80,9792,66,4372,92,2123,96,3276,34,0758,41,9689,81,56710,11,97010,11,54110,03,9309,90,291

Shareholding Pattern Chart

No. of Shareholders

Cochin Shipyard Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Invesco India PSU Equity Fund 263,513 2.93 43.74238,4882026-01-26 03:35:3710.49%
Invesco India Infrastructure Fund 220,014 2.74 36.5260,0002026-01-26 01:11:58266.69%
Canara Robeco Large and Mid Cap Fund 98,600 0.07 16.3733,7402025-12-15 02:42:52192.23%
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund 2,813 0.19 0.472,7652026-02-23 01:06:271.74%
Samco Dynamic Asset Allocation Fund 1,876 0.13 0.314,8552026-02-23 00:43:38-61.36%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 5.005.0010.0010.0010.00
Basic EPS (Rs.) 31.4529.7723.1642.8746.27
Diluted EPS (Rs.) 31.4529.7723.1642.8746.27
Cash EPS (Rs.) 35.3732.6128.4048.1750.82
Book Value[Excl.RevalReserv]/Share (Rs.) 212.07190.18336.60333.98306.63
Book Value[Incl.RevalReserv]/Share (Rs.) 212.07190.18336.60333.98306.63
Revenue From Operations / Share (Rs.) 183.21145.60179.76242.58214.30
PBDIT / Share (Rs.) 48.1644.8135.0167.3168.92
PBIT / Share (Rs.) 44.2341.9729.7762.0264.37
PBT / Share (Rs.) 42.7740.7131.8158.2361.44
Net Profit / Share (Rs.) 31.4529.7723.1642.8746.27
NP After MI And SOA / Share (Rs.) 31.4529.7723.1642.8746.27
PBDIT Margin (%) 26.2830.7719.4727.7432.16
PBIT Margin (%) 24.1428.8216.5625.5630.03
PBT Margin (%) 23.3427.9517.6924.0028.66
Net Profit Margin (%) 17.1620.4412.8817.6721.59
NP After MI And SOA Margin (%) 17.1620.4412.8817.6721.59
Return on Networth / Equity (%) 14.8215.656.8812.8315.09
Return on Capital Employeed (%) 19.0019.987.9916.4818.48
Return On Assets (%) 6.176.503.046.708.09
Long Term Debt / Equity (X) 0.000.000.010.020.03
Total Debt / Equity (X) 0.010.000.030.020.03
Asset Turnover Ratio (%) 0.370.340.250.400.40
Current Ratio (X) 1.331.331.391.681.72
Quick Ratio (X) 1.071.171.321.591.57
Inventory Turnover Ratio (X) 3.315.483.304.423.27
Dividend Payout Ratio (NP) (%) 31.0030.2276.6236.1560.51
Dividend Payout Ratio (CP) (%) 27.5627.6062.5032.1755.09
Earning Retention Ratio (%) 69.0069.7823.3863.8539.49
Cash Earning Retention Ratio (%) 72.4472.4037.5067.8344.91
Interest Coverage Ratio (X) 32.8435.4613.1518.7917.69
Interest Coverage Ratio (Post Tax) (X) 22.4524.567.9313.0312.63
Enterprise Value (Cr.) 33961.3419093.091633.54776.962850.78
EV / Net Operating Revenue (X) 7.054.980.690.241.01
EV / EBITDA (X) 26.8116.203.550.873.14
MarketCap / Net Operating Revenue (X) 7.685.992.651.211.75
Retention Ratios (%) 68.9969.7723.3763.8439.48
Price / BV (X) 6.634.581.410.881.22
Price / Net Operating Revenue (X) 7.685.992.651.211.75
EarningsYield 0.020.030.040.140.12

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 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 31.45. This value is within the healthy range. It has increased from 29.77 (Mar 24) to 31.45, marking an increase of 1.68.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 31.45. This value is within the healthy range. It has increased from 29.77 (Mar 24) to 31.45, marking an increase of 1.68.
  • For Cash EPS (Rs.), as of Mar 25, the value is 35.37. This value is within the healthy range. It has increased from 32.61 (Mar 24) to 35.37, marking an increase of 2.76.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 212.07. It has increased from 190.18 (Mar 24) to 212.07, marking an increase of 21.89.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 212.07. It has increased from 190.18 (Mar 24) to 212.07, marking an increase of 21.89.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 183.21. It has increased from 145.60 (Mar 24) to 183.21, marking an increase of 37.61.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 48.16. This value is within the healthy range. It has increased from 44.81 (Mar 24) to 48.16, marking an increase of 3.35.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 44.23. This value is within the healthy range. It has increased from 41.97 (Mar 24) to 44.23, marking an increase of 2.26.
  • For PBT / Share (Rs.), as of Mar 25, the value is 42.77. This value is within the healthy range. It has increased from 40.71 (Mar 24) to 42.77, marking an increase of 2.06.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 31.45. This value is within the healthy range. It has increased from 29.77 (Mar 24) to 31.45, marking an increase of 1.68.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 31.45. This value is within the healthy range. It has increased from 29.77 (Mar 24) to 31.45, marking an increase of 1.68.
  • For PBDIT Margin (%), as of Mar 25, the value is 26.28. This value is within the healthy range. It has decreased from 30.77 (Mar 24) to 26.28, marking a decrease of 4.49.
  • For PBIT Margin (%), as of Mar 25, the value is 24.14. This value exceeds the healthy maximum of 20. It has decreased from 28.82 (Mar 24) to 24.14, marking a decrease of 4.68.
  • For PBT Margin (%), as of Mar 25, the value is 23.34. This value is within the healthy range. It has decreased from 27.95 (Mar 24) to 23.34, marking a decrease of 4.61.
  • For Net Profit Margin (%), as of Mar 25, the value is 17.16. This value exceeds the healthy maximum of 10. It has decreased from 20.44 (Mar 24) to 17.16, marking a decrease of 3.28.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 17.16. This value is within the healthy range. It has decreased from 20.44 (Mar 24) to 17.16, marking a decrease of 3.28.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 14.82. This value is below the healthy minimum of 15. It has decreased from 15.65 (Mar 24) to 14.82, marking a decrease of 0.83.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 19.00. This value is within the healthy range. It has decreased from 19.98 (Mar 24) to 19.00, marking a decrease of 0.98.
  • For Return On Assets (%), as of Mar 25, the value is 6.17. This value is within the healthy range. It has decreased from 6.50 (Mar 24) to 6.17, marking a decrease of 0.33.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.01. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 0.01, marking an increase of 0.01.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 0.37. It has increased from 0.34 (Mar 24) to 0.37, marking an increase of 0.03.
  • For Current Ratio (X), as of Mar 25, the value is 1.33. This value is below the healthy minimum of 1.5. There is no change compared to the previous period (Mar 24) which recorded 1.33.
  • For Quick Ratio (X), as of Mar 25, the value is 1.07. This value is within the healthy range. It has decreased from 1.17 (Mar 24) to 1.07, marking a decrease of 0.10.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.31. This value is below the healthy minimum of 4. It has decreased from 5.48 (Mar 24) to 3.31, marking a decrease of 2.17.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 31.00. This value is within the healthy range. It has increased from 30.22 (Mar 24) to 31.00, marking an increase of 0.78.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 27.56. This value is within the healthy range. It has decreased from 27.60 (Mar 24) to 27.56, marking a decrease of 0.04.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 69.00. This value is within the healthy range. It has decreased from 69.78 (Mar 24) to 69.00, marking a decrease of 0.78.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 72.44. This value exceeds the healthy maximum of 70. It has increased from 72.40 (Mar 24) to 72.44, marking an increase of 0.04.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 32.84. This value is within the healthy range. It has decreased from 35.46 (Mar 24) to 32.84, marking a decrease of 2.62.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 22.45. This value is within the healthy range. It has decreased from 24.56 (Mar 24) to 22.45, marking a decrease of 2.11.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 33,961.34. It has increased from 19,093.09 (Mar 24) to 33,961.34, marking an increase of 14,868.25.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 7.05. This value exceeds the healthy maximum of 3. It has increased from 4.98 (Mar 24) to 7.05, marking an increase of 2.07.
  • For EV / EBITDA (X), as of Mar 25, the value is 26.81. This value exceeds the healthy maximum of 15. It has increased from 16.20 (Mar 24) to 26.81, marking an increase of 10.61.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 7.68. This value exceeds the healthy maximum of 3. It has increased from 5.99 (Mar 24) to 7.68, marking an increase of 1.69.
  • For Retention Ratios (%), as of Mar 25, the value is 68.99. This value is within the healthy range. It has decreased from 69.77 (Mar 24) to 68.99, marking a decrease of 0.78.
  • For Price / BV (X), as of Mar 25, the value is 6.63. This value exceeds the healthy maximum of 3. It has increased from 4.58 (Mar 24) to 6.63, marking an increase of 2.05.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 7.68. This value exceeds the healthy maximum of 3. It has increased from 5.99 (Mar 24) to 7.68, marking an increase of 1.69.
  • For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.02, 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 February 28, 2026 is: ₹1,537.96

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 February 28, 2026, Cochin Shipyard Ltd is Undervalued by 3.08% compared to the current share price ₹1,492.00

Intrinsic Value of Cochin Shipyard Ltd as of February 28, 2026 is: ₹1,598.42

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 February 28, 2026, Cochin Shipyard Ltd is Undervalued by 7.13% compared to the current share price ₹1,492.00

Last 5 Year EPS CAGR: 3.93%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 20.58%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -73.00, which is a positive sign.
  3. The company has higher reserves (3,441.85 cr) compared to borrowings (365.77 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (2.31 cr) and profit (516.23 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 123.17, 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: 17.16%
      • 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% (Industry Average ROCE: 19.54%)
      • 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%: 14.82% (Industry Average ROE: 24.93%)
      • 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): 22.45
      • 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: 1.07
      • 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: 55.2 (Industry average Stock P/E: 33.61)
      • 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: 0.01
      • 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.
INDUSTRYADDRESSCONTACT
Ship - Docks/Breaking/RepairsAdministrative Building, Ernakulam Kerala 682015Contact not found
Management
NamePosition Held
Mr. Madhu S NairChairman & Managing Director
Dr. S HarikrishnanDirector - Operations
Mr. V J JoseDirector - Finance & CFO
Mr. Rajesh GopalakrishnanDirector - Technical
Mr. S VenkatesapathyPart Time Official (Nominee) Director
Mr. P B NoohPart Time Official (Nominee) Director
Dr. Seema SuriNon Official Independent Director

FAQ

What is the intrinsic value of Cochin Shipyard Ltd?

Cochin Shipyard Ltd's intrinsic value (as of 28 February 2026) is ₹1598.42 which is 7.13% higher the current market price of ₹1,492.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹39,249 Cr. market cap, FY2025-2026 high/low of ₹2,547/1,200, reserves of ₹5,641 Cr, and liabilities of ₹13,730 Cr.

What is the Market Cap of Cochin Shipyard Ltd?

The Market Cap of Cochin Shipyard Ltd is 39,249 Cr..

What is the current Stock Price of Cochin Shipyard Ltd as on 28 February 2026?

The current stock price of Cochin Shipyard Ltd as on 28 February 2026 is ₹1,492.

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 ₹2,547/1,200.

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

The Stock P/E of Cochin Shipyard Ltd is 55.2.

What is the Book Value of Cochin Shipyard Ltd?

The Book Value of Cochin Shipyard Ltd is 219.

What is the Dividend Yield of Cochin Shipyard Ltd?

The Dividend Yield of Cochin Shipyard Ltd is 0.65 %.

What is the ROCE of Cochin Shipyard Ltd?

The ROCE of Cochin Shipyard Ltd is 20.4 %.

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.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Cochin Shipyard Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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