Cochin Shipyard Ltd

KSOE is a global leader in shipbuilding and marine engineering, with proven expertise in designing and constructing commercial vessels, naval platforms, and offshore infrastructure. KSOE oversees the operations of some of the world's largest shipyards, including Hyundai Heavy Industries, Hyundai Mipo Dockyard, and Hyundai Samho Heavy Industries. The MoU includes the joint exploration of newbuilding opportunities in India and abroad as well as sharing technical expertise to scale up to the global standards in shipbuilding. The collaboration also aims to identify initiatives to enhance productivity and improve capacity utilization. In addition both the parties will work together to upskill and strengthen workforce while also exploring potential collaboration in other shipbuilding-related projects. Cochin Shipyard s primarily engaged in shipbuilding and ship repair, catering to both the domestic and international markets. As of 31 March 2025, the Government of India held 67.91% of the total voting rights in the company. The company's consolidated net profit advanced 10.9% to Rs 287.19 crore on a 36.7% rise in revenue from operations to Rs 1,757.65 crore in Q4 FY25 over Q4 FY24. The counter added 2.08% to settle at Rs 2,057.25 on the BSE.Powered by Capital Market - Live

HD Korea Shipbuilding (ii) Sharing of technical expertise to scale up the global standards in shipbuilding; (iii) Identification of initiatives to enhance productivity and capacity utilization; (iv) Joint efforts to upskill and strengthen workforce; and (v) Exploration of potential collaboration in other shipbuilding-related projects. KSOE is a global leader in shipbuilding and marine engineering, with proven expertise in designing and constructing commercial vessels, naval platforms, and offshore infrastructure. KSOE oversees the operations of some of the world's largest shipyards, including Hyundai Heavy Industries, Hyundai Mipo Dockyard, and Hyundai Samho Heavy Industries. This MoU, under which the two companies will pursue strategic cooperation across a range of areas, aligns with the Government of India's vision to develop the country into a global maritime hub under the 'Maritime India Vision 2030' and the 'Maritime Amrit Kaal Vision 2047'. These strategic frameworks are backed by initiatives such as the recently announced INR 250 billion Maritime Development Fund, aimed at accelerating investment in shipbuilding, port modernization, and infrastructure upgrades.  Powered by Capital Market - Live

Titagarh Rail Systems Ltd, Garden Reach Shipbuilders & Engineers Ltd, Rail Vikas Nigam Ltd and Rites Ltd are among the other gainers in the BSE's 'A' group today, 16 May 2025.Cochin Shipyard Ltd soared 12.48% to Rs 2038.5 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 26.63 lakh shares were traded on the counter so far as against the average daily volumes of 6.37 lakh shares in the past one month. Titagarh Rail Systems Ltd spiked 11.36% to Rs 901. The stock was the second biggest gainer in 'A' group. On the BSE, 8.97 lakh shares were traded on the counter so far as against the average daily volumes of 1.66 lakh shares in the past one month. Garden Reach Shipbuilders & Engineers Ltd surged 11.10% to Rs 2509.85. The stock was the third biggest gainer in 'A' group. On the BSE, 8.07 lakh shares were traded on the counter so far as against the average daily volumes of 4.45 lakh shares in the past one month. Rail Vikas Nigam Ltd exploded 10.56% to Rs 415.6. The stock was the fourth biggest gainer in 'A' group. On the BSE, 18.8 lakh shares were traded on the counter so far as against the average daily volumes of 5.89 lakh shares in the past one month. Rites Ltd gained 10.15% to Rs 273.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 7.85 lakh shares were traded on the counter so far as against the average daily volumes of 85326 shares in the past one month. Powered by Capital Market - Live

Net profit of Cochin Shipyard rose 10.94% to Rs 287.19 crore in the quarter ended March 2025 as against Rs 258.88 crore during the previous quarter ended March 2024. Sales rose 36.67% to Rs 1757.65 crore in the quarter ended March 2025 as against Rs 1286.05 crore during the previous quarter ended March 2024. For the full year,net profit rose 5.62% to Rs 827.33 crore in the year ended March 2025 as against Rs 783.28 crore during the previous year ended March 2024. Sales rose 25.83% to Rs 4819.96 crore in the year ended March 2025 as against Rs 3830.45 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1757.651286.05 37 4819.963830.45 26 OPM %15.1222.42 -18.2122.68 - PBDT411.16361.81 14 1228.351145.52 7 PBT384.07342.32 12 1125.171070.94 5 NP287.19258.88 11 827.33783.28 6 Powered by Capital Market - Live

Cochin Shipyard announced that the Board of Directors of the Company at its meeting held on 15 May 2025, has recommended a Final Dividend of Rs.2.25 per share (i.e.45%), subject to the approval of the shareholders.Powered by Capital Market - Live

Cochin Shipyard will hold a meeting of the Board of Directors of the Company on 15 May 2025.Powered by Capital Market - Live

The collaboration, driven by the Ministry of Ports, Shipping, and Waterways, aims to enhance India's ship repair ecosystem by combining the technical expertise of Cochin Shipyard and Drydocks World. The partnership is expected to bring global best practices, increase capacity, and support the government's Maritime India Vision 2030 and AmritKaal Vision 2047. The companies will jointly evaluate opportunities to develop world-class ship repair clusters in Kochi (Kerala) and Vadinar (Gujarat) for advanced maintenance and repair facilities. They will also engage with government entities, including major ports, to enhance ship repair and offshore fabrication capabilities. Additionally, the collaboration will expand into related areas such as offshore fabrication, marine engineering, and strategic infrastructure projects. Cochin Shipyard is engaged in shipbuilding & ship repair. As of 31 December 2024, the Government of India held 67.91% total voting rights in the company. The company's consolidated net profit fell 27.6% to Rs 176.99 crore in Q3 FY25 as against Rs 244.38 crore posted in Q3 FY24. Revenue from operations rose 8.6% YoY to Rs 1,147.64 crore in the quarter ended 31 December 2024. Shares of Cochin Shipyard declined 2.23% to Rs 1,348 on the BSE. Powered by Capital Market - Live

This partnership aligns with the Government of India's Vision 2047 for the maritime sector and supports the recent Union Budget 2025-26 initiatives aimed at positioning India as one of the world's leading maritime hubs. The MoU covers key areas of collaboration, including sharing technical expertise to meet global standards in ship maintenance, exploring opportunities for ship repair, dry docking, and new shipbuilding, joint training programs focused on responsible practices, and skill development initiatives for both CSL employees and Maersk seafarers. The company's consolidated net profit fell 27.6% to Rs 176.99 crore in Q3 FY25 as against Rs 244.38 crore posted in Q3 FY24. Revenue from operations rose 8.6% YoY to Rs 1,147.64 crore in the quarter ended 31 December 2024. Cochin Shipyard is engaged in shipbuilding & ship repair. As of 31 December 2024, the Government of India held 67.91% total voting rights in the company. Shares of Cochin Shipyard shed 1.25% to Rs 1,220.25 on the BSE. Powered by Capital Market - Live

Cochin Shipyard (CSL) has entered into a Memorandum of Understanding (MoU) with A.P. Moller 'V Maersk to explore collaboration opportunities in ship repair, maintenance, and shipbuilding in India. This aligns with the Government of India's Vision 2047 maritime objectives and recent Union Budget 2025-26 announcements to position India among the top global maritime hubs. The MoU encompasses key areas of co-operation such as: 'h Technical expertise sharing for achieving global standards in ship maintenance; Exploration of ship repair, dry docking, and new building opportunities; 'h Joint training programs focusing responsible practices; and 'h Skill development initiatives for both CSL employees and Maersk seafarersPowered by Capital Market - Live

However, revenue from operations rose 8.6% YoY to Rs 1,147.64 crore in the quarter ended 31 December 2024. Profit before tax for the December quarter was at Rs 241.86 crore, down 28.9% from Rs 340.04 crore reported in the same quarter last year. Total expenses jumped 23.05% YoY to Rs 952.56 crore during the quarter. The cost of materials consumed was at Rs 513.10 crore (up 14.06% YoY), while employee benefits expenses stood at Rs 103.16 crore (up 10.41% YoY) during the period under review. On the segmental front, revenue from ship building stood at Rs 647.40 crore (down 14% YoY), while revenue from ship repair stood at Rs 500.24 crore (up 64.93% YoY) during the quarter. On nine-month basis, the company's consolidated net profit increased 3% to Rs 540.15 crore in 9M FY25, compared to Rs 524.56 crore recorded in 9M FY24. Revenue from operations jumped 20.4% YoY to Rs 3,062.31 crore in 9M FY25. Meanwhile, the company's board has declared a second interim dividend of Rs 3.50 per equity share for the financial year 2024-25. The record date for this interim dividend has been fixed as Wednesday, 12 February 2025. Eligible shareholders will receive the dividend on or before 7th March 2025. Cochin Shipyard is engaged in shipbuilding & ship repair. As of 31 December 2024, the Government of India held 67.91% total voting rights in the company. Powered by Capital Market - Live