Cochin Shipyard Ltd

Godrej Properties Ltd, Lodha Developers Ltd, Gujarat Energy Ltd and P I Industries Ltd are among the other losers in the BSE's 'A' group today, 11 September 2026.Cochin Shipyard Ltd crashed 9.30% to Rs 1383 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 3.89 lakh shares were traded on the counter so far as against the average daily volumes of 90508 shares in the past one month.Godrej Properties Ltd tumbled 6.37% to Rs 1749.95. The stock was the second biggest loser in 'A' group.On the BSE, 84873 shares were traded on the counter so far as against the average daily volumes of 21606 shares in the past one month.Lodha Developers Ltd lost 5.45% to Rs 1108.15. The stock was the third biggest loser in 'A' group.On the BSE, 6.67 lakh shares were traded on the counter so far as against the average daily volumes of 48922 shares in the past one month.Gujarat Energy Ltd shed 5.14% to Rs 241.65. The stock was the fourth biggest loser in 'A' group.On the BSE, 85257 shares were traded on the counter so far as against the average daily volumes of 2.5 lakh shares in the past one month.P I Industries Ltd pared 4.14% to Rs 2262. The stock was the fifth biggest loser in 'A' group.On the BSE, 47882 shares were traded on the counter so far as against the average daily volumes of 29850 shares in the past one month.

Cochin Shipyard Limited (CSL) announced that its board of directors has approved a joint venture with Drydocks World Dubai – FZCO (DDW) to form a private limited company, JVCo., incorporated under the Companies Act, 2013, with its registered office in Kochi, Kerala. The joint venture will operate and manage CSL’s International Ship Repair Facility (ISRF) at Willingdon Island, Kochi, with a consideration of not less than Rs 1,800 Crores, 50% of which will be paid to CSL in cash and the remainder in shares of the JVCo.

Cochin Shipyard Limited has set September 18, 2026, as the record date for determining entitlement to a final dividend of Rs 1.50 (30%) per equity share with a face value of Rs 5 for the financial year 2025-26, according to a filing with the Bombay Stock Exchange and the National Stock Exchange of India. The dividend will be disbursed, subject to tax deductions, by October 28, 2026, pending approval at the company’s 54th Annual General Meeting scheduled for September 29, 2026.

Cochin Shipyard Limited announced that the Ministry of Ports, Shipping and Waterways (MoPSW), Government of India, has appointed Dr. Vani Ahluwalia as a Non-official (Independent) Director on the company’s board for a period of three years from August 17, 2026.

Cochin Shipyard Ltd share price declined by 0.40% to Rs 1495.0 after the company's net profit tumbled by 45.22% to Rs 151.45 crore, while revenue from operations plunged by 26.28% to Rs 1094.21 crore in Q2FY26 over Q1FY26. The market capitalization of Ship Building & Allied Services industry group stocks on BSE stood at Rs 1.52 lakh crore, crashing by 26.99%. It has improved by 0.82% over last one week and ticked higher by 2.74% in last one month while the market capitalization of Cochin Shipyard Ltd has softened by 1.19% and 6.28% in the same period respectively. Profit before tax (PBT) of Cochin Shipyard Ltd stood at Rs 202.49 crore in Q2 FY26, tumbling by 18.85% year-on-year, and plunging by 49.70% quarter-on-quarter. EBITDA came in at Rs 126 crore, nosediving by 32.56% YoY and tanking 17.39% sequentially. Total expenses saw a steep drop of 22.64% to Rs 933.41 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 453.26 crore, slumping by 36.98% YoY, while employee benefits expense was at Rs 127.07 crore, slipping by 0.76% YoY. For the TTM ended FY26, revenue from operations jumped by 25.83% to Rs 4819.96 crore, while net profit saw a mild growth of 5.62% to Rs 827.33 crore, compared to previous TTM. EBITDA surged by 58600% to Rs 488.79 crore, and PBT inched up 5.06% to Rs 1125.17 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 284.21 crore in FY26, as against Rs 171.59 crore in FY25. Cochin Shipyard Ltd nosedived by 10.83% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.05% during the same period.

Cochin Shipyard Limited announced on August 11, 2026, the appointment of Shri Subramanian K K as a Senior Management Personnel, effective the same date, following his promotion to General Manager (Employee Relations) (E7 Level). Shri Subramanian K K, aged 57, holds a Master of Arts in Personnel Management and Industrial Relations from Mahatma Gandhi University and joined Cochin Shipyard Limited in October 2015 as Assistant General Manager (HR).

Cochin Shipyard Limited will hold a board meeting on Friday, August 14, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, as stipulated by the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; the trading window for the company, which began on July 1, 2026, will close 48 hours after the results are released on August 14, 2026.

Cochin Shipyard announced that the President of India acting through the Ministry of Ports, Shipping and Waterways, Government of India (Promoter) has sold 1,20,49,170 equity shares of Cochin Shipyard aggregating to Rs. 1,713.28 crore, on 07 July and 08 July 2026 by way of an offer for sale through the stock exchange mechanism.

The President of India, acting through the Ministry of Ports, Shipping and Waterways, had initially offered up to 66.29 lakh equity shares, representing 2.52% of the company's paid-up equity share capital, with an option to sell an additional 66.29 lakh shares under the oversubscription option. Following strong demand from institutional investors, the government exercised the oversubscription option in full, taking the total offer size to 1.33 crore equity shares, representing 5.04% of Cochin Shipyard's paid-up equity share capital. Of the total offer, around 13.26 lakh shares, or 10%, were reserved for retail investors, while 26,308 shares were earmarked for eligible employees. Eligible employees were permitted to bid for shares worth up to Rs 5 lakh, with preferential allocation for applications up to Rs 2 lakh. According to BSE data, on the first day, bids were received for 2.10 crore shares against the total non-retail offer size of 1.19 crore shares, resulting in a subscription of 176.38%. Bids backed by 100% margin accounted for 96.47 lakh shares, while bids without upfront margin stood at 1.14 crore shares. According to the exchange data, on the second day, bids were received for which was open to retail investors and non-retail investors carrying forward their bids, the retail portion attracted bids for 1.18 lakh shares against the total retail offer size of 13.26 lakh shares, translating into a subscription of 8.93%. The non-retail carry-forward segment received bids for 300 shares, equivalent to 0.02% of the retail offer size. Overall, bids for 1.18 lakh shares were received on the second day, resulting in a subscription of 8.91% against the retail portion. The indicative clearing price stood at Rs 1,415 per share. 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 3.72% decline in consolidated net profit to Rs 276.48 crore on a 15.55% fall in revenue from operations to Rs 1,484.27 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live

The President of India, acting through the Ministry of Ports, Shipping and Waterways, proposes to sell up to 66.29 lakh equity shares, representing a 2.52% stake in the company, as the base offer. The government also has an oversubscription option to sell an additional 66.29 lakh shares, taking the total offer size to 1.33 crore equity shares, or 5.04% of the company's paid-up equity capital. The OFS opened for non-retail investors on Tuesday, 7 July 2026, while retail investors, eligible employees and non-retail investors opting to carry forward unallotted bids can participate on Wednesday, 8 July 2026. The floor price for the OFS has been fixed at Rs 1,400 per share, implying a discount of 6.96% to the previous day's closing price of Rs 1,504.75 on the BSE. Of the base offer, 59.67 lakh shares have been reserved for non-retail investors and 6.63 lakh shares for retail investors. Including the oversubscription option, the non-retail portion may increase to 1.19 crore shares, while the retail allocation may rise to 13.26 lakh shares. As of 10:45 a.m. on 7 July 2026, the non-retail portion had received bids for 95,750 shares, translating into a subscription of 1.60% of the shares on offer. Of these, bids for 31,350 shares were received under the 100% margin category and 64,400 shares under the 0% margin category. The indicative bid price stood at Rs 1,402.17 per share.The retail bidding window is scheduled to open on 8 July. The OFS also includes a reservation of up to 26,308 shares for eligible employees. Employees can bid for shares worth up to Rs 5 lakh under the offer. 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 3.72% decline in consolidated net profit to Rs 276.48 crore on a 15.55% fall in revenue from operations to Rs 1,484.27 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live