Cochin Shipyard Ltd

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

Profit before tax rose 4.81% YoY to Rs 402.57 crore in Q4 FY26, compared with Rs 384.06 crore in the corresponding quarter last year. Total expenses tanked 19.07% YoY to Rs 1,238.75 crore during the quarter. The cost of materials consumed was at Rs 719.20 crore (up 2.54% YoY), while employee benefits expenses stood at Rs 128.03 crore (up 9.35% YoY) during the period under review. On the segmental front, revenue from shipbuilding stood at Rs 1,154.49 crore (up 25.32% YoY), while revenue from ship repair stood at Rs 329.78 crore (down 60.57% YoY) during the quarter. The board has recommended a final dividend of Rs 1.5 per equity share having a face value of Rs 5 each for FY26. 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. Powered by Capital Market - Live

Cochin Shipyard announced that the Board of Directors of the Company at its meeting held on 15 May 2026, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Net profit of Cochin Shipyard declined 3.73% to Rs 276.48 crore in the quarter ended March 2026 as against Rs 287.19 crore during the previous quarter ended March 2025. Sales declined 15.55% to Rs 1484.28 crore in the quarter ended March 2026 as against Rs 1757.65 crore during the previous quarter ended March 2025. For the full year,net profit declined 13.37% to Rs 716.74 crore in the year ended March 2026 as against Rs 827.33 crore during the previous year ended March 2025. Sales rose 4.19% to Rs 5021.87 crore in the year ended March 2026 as against Rs 4819.96 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1484.281757.65 -16 5021.874819.96 4 OPM %20.8715.12 -16.1618.21 - PBDT434.57411.16 6 1128.831228.35 -8 PBT402.58384.07 5 999.031125.17 -11 NP276.48287.19 -4 716.74827.33 -13 Powered by Capital Market - Live

Cochin Shipyard will hold a meeting of the Board of Directors of the Company on 15 May 2026.

The Cabinet Committee on Economic Affairs today has approved the development of a state‑of‑the‑art Ship Repair Facility at Vadinar, Gujarat, marking a major expansion of the national ship repair ecosystem. The project will be jointly implemented under the aegis of the Ministry of Ports, Shipping and Waterways (MoPSW), Government of India, by Deendayal Port Authority (DPA) and Cochin Shipyard Limited (CSL), with a combined investment of Rs.1,570 crore. DPA will develop the civil infrastructure, including jetties, at an estimated cost of Rs. 650 crore and CSL will bring in the ship repair infrastructure including two large floating docks costing about Rs. 920 crore and operate the facility. Both works are planned for completion within 36 months. The project is planned as a brownfield facility with a 650 metres jetty, two large floating dry docks, workshops and associated marine infrastructure. Vadinar's natural deep draft, connectivity to major shipping routes, and proximity to key ports such as Mundra and Kandla make it an optimal location for repair operations, particularly for large commercial and foreign‑flagged vessels.

The company has emerged as the L1 bidder in a key defence tender floated for the construction of five Next Generation Survey Vessels for the Indian Navy. The shipbuilder stated that the estimated total order value is around Rs 5,000 crore. It added that the final award of the contract is subject to completion of necessary formalities, and further updates will be shared in due course. 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 an 18.3% decline in consolidated net profit to Rs 144.67 crore on a 17.7% rise in revenue from operations to Rs 1,350.41 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live

Cochin Shipyard Ltd rose 5.82% today to trade at Rs 1553.6. The BSE Capital Goods index is up 0.31% to quote at 69168.33. The index is up 8.16 % over last one month. Among the other constituents of the index, Kirloskar Oil Engines Ltd increased 2.17% and Elgi Equipments Ltd added 1.29% on the day. The BSE Capital Goods index went up 21.21 % over last one year compared to the 9.48% surge in benchmark SENSEX. Cochin Shipyard Ltd has added 1.77% over last one month compared to 8.16% gain in BSE Capital Goods index and 0.45% drop in the SENSEX. On the BSE, 36530 shares were traded in the counter so far compared with average daily volumes of 1.02 lakh shares in the past one month. The stock hit a record high of Rs 2547.25 on 06 Jun 2025. The stock hit a 52-week low of Rs 1180.45 on 18 Feb 2025.Powered by Capital Market - Live