Cochin Shipyard Limited (IN:COCHINSHIP)
:COCHINSHIP
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Cochin Shipyard Limited
(COCHINSHIP)
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Rating:69Neutral
Price Target:
₹1,944.00
▲(19.26% Upside)
Action:ReiteratedDate:04/30/26
The score is driven primarily by strong financial statement performance (revenue growth, healthy operating margins, and a low-leverage balance sheet), partially offset by materially weak cash flow generation. Technicals add support due to strong trend momentum above key moving averages, while valuation significantly detracts because the P/E is very high and the dividend yield is low.
Positive Factors
Revenue and Margin Strength
Cochin Shipyard has reported robust revenue expansion and healthy gross and EBIT margins, indicating efficient cost control and strong contract pricing. Over the next 2–6 months, these fundamentals support sustainable operating profitability as milestone-based shipbuilding revenues and repair work continue to roll through the yard.
Negative Factors
Weak Operating Cash Flow
Despite reported profits, persistent negative operating and free cash flow indicate cash generation problems from core operations. Over a 2–6 month horizon this limits the firm's ability to self-fund capex or absorb cost overruns, increasing reliance on advances or external funding and raising execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Margin Strength
Cochin Shipyard has reported robust revenue expansion and healthy gross and EBIT margins, indicating efficient cost control and strong contract pricing. Over the next 2–6 months, these fundamentals support sustainable operating profitability as milestone-based shipbuilding revenues and repair work continue to roll through the yard.
Read all positive factors
Cochin Shipyard Limited (COCHINSHIP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹456.34B
Dividend Yield0.59%
Average Volume (3M)164.54K
Price to Earnings (P/E)73.6
Beta (1Y)2.07
Revenue Growth21.78%
EPS Growth-8.99%
CountryIN
Employees2,133
SectorIndustrials
Sector Strength72
IndustryAerospace & Defense
Share Statistics
EPS (TTM)28.88
Shares Outstanding263,080,780
10 Day Avg. Volume85,121
30 Day Avg. Volume164,545
Financial Highlights & Ratios
PEG Ratio7.85
Price to Book (P/B)6.57
Price to Sales (P/S)7.61
P/FCF Ratio-46.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)32.55
Revenue Forecast (FY)₹59.49B
Cochin Shipyard Limited Business Overview & Revenue Model
Company Description
Cochin Shipyard Limited engages in the shipbuilding and repair of ships/offshore structures in India. Its shipbuilding operations include offering tankers, product carriers, bulk carriers, passenger vessels, high bollard pull tugs, and air defence...
How the Company Makes Money
Cochin Shipyard Limited primarily earns revenue through two operating streams: shipbuilding and ship repair. (1) Shipbuilding revenue is generated by undertaking contracts to design/build and deliver new vessels for customers; earnings are typical...
Cochin Shipyard Limited Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
78
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 50.93B | 48.20B | 38.31B | 23.65B | 31.91B | 28.19B |
| Gross Profit | 17.07B | 17.70B | 15.03B | 7.75B | 11.65B | 11.99B |
| EBITDA | 10.63B | 10.27B | 8.91B | 3.40B | 7.31B | 7.83B |
| Net Income | 7.60B | 8.27B | 7.83B | 3.05B | 5.64B | 6.09B |
Balance Sheet | ||||||
| Total Assets | 142.53B | 133.99B | 120.42B | 100.21B | 84.14B | 75.19B |
| Cash, Cash Equivalents and Short-Term Investments | 29.33B | 4.02B | 5.77B | 47.92B | 32.13B | 7.36B |
| Total Debt | 11.56B | 5.60B | 5.02B | 5.87B | 5.54B | 5.40B |
| Total Liabilities | 85.55B | 78.20B | 70.39B | 55.93B | 40.21B | 34.86B |
| Stockholders Equity | 56.97B | 55.79B | 50.03B | 44.28B | 43.93B | 40.33B |
Cash Flow | ||||||
| Free Cash Flow | -8.80B | -7.93B | -8.05B | 15.45B | 11.34B | 3.60B |
| Operating Cash Flow | -7.09B | -2.97B | -1.72B | 18.89B | 13.97B | 7.89B |
| Investing Cash Flow | 1.30B | 5.38B | 4.81B | -353.19M | -4.72B | -5.22B |
| Financing Cash Flow | 3.22B | -2.77B | -3.71B | -2.76B | -2.39B | -4.05B |
Cochin Shipyard Limited Technical Analysis
Positive
1630.05
Price Trends
1436.18
Positive
1517.96
Positive
1658.11
Negative
Market Momentum
19.35
Negative
64.49
Neutral
94.29
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:COCHINSHIP, the sentiment is Positive. The current price of 1630.05 is above the 20-day moving average (MA) of 1369.64, above the 50-day MA of 1436.18, and below the 200-day MA of 1658.11, indicating a neutral trend. The MACD of 19.35 indicates Negative momentum. The RSI at 64.49 is Neutral, neither overbought nor oversold. The STOCH value of 94.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:COCHINSHIP.
Cochin Shipyard Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹3.15T | 46.53 | ― | 0.60% | 14.46% | 19.48% | |
71 Outperform | ₹2.90T | 39.31 | ― | 0.90% | 2.48% | 2.30% | |
71 Outperform | ₹1.10T | 32.25 | ― | 0.47% | 13.77% | 14.39% | |
69 Neutral | ₹456.34B | 73.64 | ― | 0.59% | 21.78% | -8.99% | |
67 Neutral | ₹336.15B | 30.22 | ― | 0.80% | 37.95% | 41.82% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | ₹500.58B | 184.29 | ― | 0.33% | 54.35% | 2.52% |
* Industrials Sector Average
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.