Cochin Shipyard Ltd

Profit before tax declined 18.6% YoY to Rs 196.78 crore in Q3 FY26, compared with Rs 241.86 crore in the corresponding quarter last year. Total expenses jumped 28.52% YoY to Rs 1,224.77 crore during the quarter. The cost of materials consumed was at Rs 596.80 crore (up 16.31% YoY), while employee benefits expenses stood at Rs 123.32 crore (up 19.54% YoY) during the period under review. On the segmental front, revenue from shipbuilding stood at Rs 1,013.12 crore (up 56.49% YoY), while revenue from ship repair stood at Rs 337.29 crore (down 32.57% YoY) during the quarter. Meanwhile, the company declared a second interim dividend of Rs 3.50 per equity share for FY26, with 3 February 2026 set as the record date. The dividend will be paid on or before 26 February 2026. During the quarter, the board approved the formation of a joint venture with HBL Engineering to develop electric mobility technology and energy storage solutions for the marine sector. It also approved the acquisition of a 23% stake in Netherlands-based Conoship International Holding BV to strengthen its European presence by gaining access to advanced ship design capabilities. Cochin Shipyard is a leading player in the construction of all kinds of vessels and the repair and refit of all types of vessels, including periodic upgrades and life extensions of ships. The counter rose 0.53% to Rs 1,631.20 on the BSE.Powered by Capital Market - Live

Cochin Shipyard announced that the Board of Directors of the Company at its meeting held on 28 January 2026, inter alia, have recommended the Second Interim dividend of Rs 3.5 per equity Share (i.e. 70%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Cochin Shipyard declined 18.26% to Rs 144.67 crore in the quarter ended December 2025 as against Rs 176.99 crore during the previous quarter ended December 2024. Sales rose 17.67% to Rs 1350.41 crore in the quarter ended December 2025 as against Rs 1147.64 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1350.411147.64 18 OPM %13.8220.69 - PBDT229.69273.38 -16 PBT196.78241.86 -19 NP144.67176.99 -18 Powered by Capital Market - Live

The board of Cochin Shipyard at its meeting held on 28 January 2026 has approved the proposal for acquisition of 23% equity shares of Conoship International Holding B.V. (Conoship), Netherlands with the objective of establishing a footprint in the European market through access to European ship design capabilities.Powered by Capital Market - Live

The board of Cochin Shipyard at its meeting held on 28 January 2026 has approved the proposal for forming a Joint Venture Company with HBL Engineering for the purpose of developing electric mobility technology and energy storage solutions in the marine space.Powered by Capital Market - Live

Cochin Shipyard has fixed 03 February 2026 as record date for 2nd interim dividend of Rs 3.50 per share of Rs 5 each for FY 205-26. The dividend shall be paid on or before 26 February 2026. Powered by Capital Market - Live

Cochin Shipyard will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

As per the company's classification, the significant order lies between Rs 250 to 500 crore. The order covers the construction of four 26-metre, fully electric 'TRAnsverse' (TRAnsverse 2600E) tugs with a 70-ton bollard pull at CSL, with an option for up to four additional vessels. The tugs will be constructed according to Svitzer's specifications to support its global fleet renewal plan and advancement in operations worldwide. The delivery of the tugs is targeted to commence from late 2027. The association combines Svitzer's global expertise in advanced and sustainable towage solutions with CSL's proven shipbuilding capabilities, skilled workforce and local innovation Cochin Shipyard is a leading player in the construction of all kinds of vessels and the repair and refit of all types of vessels, including periodic upgrades and life extensions of ships. The company reported a 43.08% decline in consolidated net profit to Rs 107.53 crore on a 2.15% decrease in revenue from operations to Rs 1,118.59 crore in Q2 FY26 over Q2 FY25. The scrip shed 0.07% to Rs 1,642.90 on the BSE.Powered by Capital Market - Live

Cochin Shipyard (CSL) has signed shipbuilding contracts with Svitzer, Denmark on 05 December 2025, for building four 26-metre fully electric 'TRAnsverse' ('TRAnsverse 2600E') 70 Ton bollard pull tugs in CSL, with an option for up to four additional vessels. The tugs will be constructed according to Svitzer's specifications to support its global fleet renewal plan and advancement in operations worldwide. The delivery of the tugs is targeted to commence from late 2027. On the basis of the contract value, this order is classified as a Significant order (valued between Rs 250 crore to Rs 500 crore) according to the Order Classification parameters of CSL.Powered by Capital Market - Live

Profit before tax for the September quarter was at Rs 149.91 crore, down 43.09% from Rs 263.43 crore reported in the same quarter last year. Total expenses rose 11.72% YoY to Rs 1,095.97 crore during the quarter. The cost of materials consumed was at Rs 554.76 crore (down 7.99% YoY), while employee benefits expenses stood at Rs 114.27 crore (up 9.63% YoY) during the period under review. On the segmental front, revenue from shipbuilding stood at Rs 758.98 crore (down 11.75% YoY), while revenue from ship repair stood at Rs 359.60 crore (up 27% YoY) during the quarter. On half-year basis, the company's consolidated net profit declined 18.66% to Rs 295.36 crore on 14.53% rise in revenue to Rs 2187.18 crore in H1 FY26 over H1 FY25. Meanwhile, the company's board has declared an interim dividend of Rs 4 per equity share for the financial year 2025'26 and has fixed Tuesday, 18 November 2025, as the record date for the said interim dividend. The interim dividend will be paid to eligible shareholders on or before 11 December 2025. Cochin Shipyard is a leading player in the construction of all kinds of vessels and the repair and refit of all types of vessels, including periodic upgrades and life extensions of ships. The counter rose 2.14% to Rs 1,792.05 on the BSE Powered by Capital Market - Live