# COCHINSHIP (COCHINSHIP) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/cochinship

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,365
- Change: +2.42%
- As of: 2026-09-18
- 1D return: +4.77%
- 5D return: -8.05%
- 1M return: -6.11%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, COCHINSHIP is trading at ₹1398.0, with a technical stance that shows mixed signals across different timeframes. The daily and monthly timeframes indicate a bearish trend, with the price below key moving averages and the Supertrend indicator. However, the weekly timeframe presents a conflicting bullish signal from the Supertrend, despite the price being below its weekly moving averages. Recent active weekly patterns include a Hammer, Doji, and Harami, suggesting potential indecision or reversal signals on that timeframe.

The stock is currently trading near its nearest support level of ₹1392.57, which is approximately 0.39% below the current price. The nearest resistance is observed at ₹1524.17, about 9.03% above the current price. The stock has experienced significant downside volume anomalies on September 11, 2026, with extreme severity on the daily chart and high severity on the weekly chart, accompanied by wide intraday ranges.

Risk factors include an annualized volatility of 43% and a current drawdown of -42%. The setup warrants monitoring for potential breaks of key support or resistance levels. A sustained move below the nearest support could reinforce the bearish outlook, while a decisive move above the nearest resistance might signal a shift in momentum.

- Current price as of September 18, 2026: ₹1398.0.
- Daily and monthly timeframes show a bearish trend, while the weekly timeframe shows a bullish Supertrend signal.
- Nearest support level identified at ₹1392.57 (approx. 0.39% below current price).
- Nearest resistance level identified at ₹1524.17 (approx. 9.03% above current price).
- Watch for price action relative to support and resistance levels, and monitor for continued formation of weekly patterns like Hammer, Doji, and Harami.

- Hammer
- Doji
- Harami
- Bullish Engulfing Reversal
- Evening Star
- Outside Bar
- Bearish Engulfing Reversal

### News Context

Cochin Shipyard is preparing to trade ex-dividend on September 18, 2026, following its approval of a final dividend of ₹1.5 per share. This corporate action comes as the Indian Navy has issued a request for proposals (RFP) for the construction of seven advanced stealth frigates under Project 17B, a development reported on September 16, 2026. The Navy is pursuing competitive bidding for this project, which was previously considered for a nomination route. This initiative represents a significant potential order for defence shipbuilding companies in India, with one report estimating the value at ₹70,000 crore. While defence stocks, in general, experienced a slide for the fifth consecutive session ending September 16, 2026, the Navy's RFP for new warships could be a material development for shipbuilders.

- Cochin Shipyard's final dividend of ₹1.5 per share becomes effective on September 18, 2026.
- The Indian Navy issued a request for proposals (RFP) on September 16, 2026, for seven advanced stealth frigates under Project 17B.
- The Project 17B frigates are being procured through competitive bidding, a shift from an earlier nomination approach.
- Reports from September 16, 2026, suggest the potential value of the Project 17B order could be as high as ₹70,000 crore.
- The Nifty India Defence index saw a decline for the fifth straight session ending September 16, 2026.

- Cochin Shipyard, KRBL, RITES, Ramky Infrastructure among stocks to turn ex-dividend on September 18
- GRSE vs Cochin Shipyard dividend comparison ahead of record date: Which defence PSU wins on yield, stock performance?
- Navy seeks bids for building 7 advanced stealth frigates under Project 17B, goes for competitive bidding instead of earlier nomination route - The Times of India
- Defence stocks slide for fifth straight session
- Rs 70,000-crore warship order: Indian Navy seeks bids for 7 Project 17B stealth frigates

### What Changed

Cochin Shipyard Limited (COCHINSHIP) has announced several significant strategic moves and secured new business opportunities as of September 10, 2026. The company approved a joint venture with Drydocks World (Dubai) for the International Ship Repair Facility (ISRF) at Willingdon Island, Kochi, involving a slump sale valued at INR 1,800 crores. Additionally, COCHINSHIP has secured a 30-year lease for a hybrid shipbuilding and repair facility at V.O. Chidambaranar Port, Tuticorin, for a one-time payment of INR 305.76 crores. The company also reported a first-quarter FY27 turnover of INR 1,094.21 crores and identified itself as the lowest bidder (L1) for five next-generation survey vessels, estimated at approximately INR 5,000 crores. These developments follow earlier plans for a Block Fabrication Facility at Kochi, which is proceeding on a reduced scale after prior discussions did not finalize. Separately, COCHINSHIP is scheduled to trade ex-dividend on September 18, 2026. The stock closed at ₹1,398.0 on September 18, 2026, up from ₹1,334.3 previously.

- On September 10, 2026, Cochin Shipyard approved a joint venture with Drydocks World (Dubai) for the ISRF at Kochi, involving a slump sale of INR 1,800 crores.
- The company secured a 30-year lease for a hybrid shipbuilding and repair facility at Tuticorin for INR 305.76 crores.
- Cochin Shipyard reported a first-quarter FY27 turnover of INR 1,094.21 crores.
- The company is the lowest bidder (L1) for five next-generation survey vessels valued at approximately INR 5,000 crores.
- Cochin Shipyard is set to trade ex-dividend on September 18, 2026.

- Cochin Shipyard, KRBL, RITES, Ramky Infrastructure among stocks to turn ex-dividend on September 18
- Cochin Shipyard Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Official Filings

Cochin Shipyard Limited (CSL) has disclosed several significant developments impacting its operational and strategic direction. The company's Board approved a 50:50 joint venture with Drydocks World (Dubai) to operate the International Ship Repair Facility (ISRF) at Willingdon Island, Kochi. This venture involves a slump sale of the ISRF undertaking for ₹1,800 crores, with CSL receiving 50% in cash (₹900 crores) and 50% in equity. Definitive agreements were slated for signing on September 11, 2026, pending regulatory approvals.

In parallel, CSL secured a 30-year lease for a hybrid shipbuilding and repair facility at V.O. Chidambaranar Port, Tuticorin, for a one-time payment of ₹305.76 crores. The company is also independently proceeding with a reduced-scale Block Fabrication Facility at Kochi. Financially, CSL reported a first-quarter FY27 turnover of ₹1,094.21 crores and identified itself as the lowest bidder (L1) for five next-generation survey vessels valued at approximately ₹5,000 crores. The company also announced a dividend of ₹1.5 per share with a record date of September 18, 2026.

Regarding governance, the Board acknowledged fines of ₹9,66,420 each from BSE and NSE for non-compliance with SEBI LODR Regulations during the quarter ended June 30, 2026, attributed to insufficient independent directors. The Board noted that the appointment power rests with the Government of India and highlighted the recent appointment of an Independent Director on August 17, 2026, while awaiting appointments for four other positions.

- On September 10, 2026, the Board approved a joint venture with Drydocks World (Dubai) for the International Ship Repair Facility (ISRF) at Kochi, involving a ₹1,800 crore slump sale (50% cash, 50% equity).
- CSL secured a 30-year lease for a facility at V.O. Chidambaranar Port, Tuticorin, for a one-time payment of ₹305.76 crores.
- The company reported first-quarter FY27 turnover of ₹1,094.21 crores.
- CSL is the L1 bidder for five next-generation survey vessels valued at approximately ₹5,000 crores.
- A dividend of ₹1.5 per share was announced with a record date of September 18, 2026.
- The Board acknowledged fines totaling ₹19,32,840 from BSE and NSE for regulatory non-compliance related to independent directors, noting government appointment powers.

- Cochin Shipyard Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- SERIES:EQ |PURPOSE:DIVIDEND - RS 1.5 PER SHARE |FACE VALUE:5 |RECORD DATE:18-Sep-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-
- Cochin Shipyard Limited has informed the Exchange about Agreements |SUBJECT: Agreements
- COCHIN SHIPYARD LIMITED has informed the Exchange regarding Joint venture agreements |SUBJECT: Agreements,Contracts,Arrangements,MOU-XBRL
- Cochin Shipyard Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation
- COCHIN SHIPYARD LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL
- COCHIN SHIPYARD LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- CSL Board approves the proposal for forming a joint venture with Drydocks World Dubai FZCO (DDW) |SUBJECT: Outcome of Board Meeting
- Cochin Shipyard Limited has informed the Exchange regarding 'Comments Of The Board Of Directors Of The Company Pursuant To SEBI Master Circular Dated January 30, 2026'. |SUBJECT: Updates
- COCHIN SHIPYARD LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL

### Fundamentals

Cochin Shipyard's recent operating performance shows a mixed trajectory. For the quarter ending September 2025 (Q3 FY26), Revenue from Operations was ₹1,350.41 crore, with Operating Profit at ₹56.0 crore and an Operating Profit Margin (OPM) of 4.15%. This compares to Q3 FY25 (September 2024) where Revenue was ₹1,097.0 crore, Operating Profit was ₹196.0 crore, and OPM was 17.87%. The latest reported quarter, Q1 FY27 (June 2026), shows Revenue from Operations of ₹1,094.21 crore, Operating Profit of ₹158.0 crore, and an OPM of 14.44%.

Looking at the full-year reported figures, for the year ending March 2024 (FY24), the company reported Sales of ₹3,645.0 crore and an Operating Profit of ₹885.0 crore, resulting in an OPM of 24.3%. For the year ending March 2023 (FY23), Sales were ₹2,330.0 crore with an Operating Profit of ₹273.0 crore and an OPM of 11.7%. The projected year ending March 2026 (FY26) anticipates Sales of ₹4,308.0 crore and an Operating Profit of ₹692.0 crore, with an OPM of 16.1%.

Financially, the company's borrowings have seen fluctuations, standing at ₹489 crore in March 2024 and projected to increase to ₹1,575 crore by March 2026. Conversely, Cash from Operating Activity has been volatile, showing a negative ₹173 crore in FY24, projected to be negative ₹260 crore in FY25, and a significant negative ₹1,253 crore in FY26. Free Cash Flow also reflects this trend, with a negative ₹789 crore in FY24 and projected negative ₹502 crore in FY25 and negative ₹1,391 crore in FY26. The Cash Conversion Cycle has been increasing, reaching 150 days in FY24 and projected to be 289 days in FY25 and 280 days in FY26, indicating a longer period to convert inventory into cash.

- For Q3 FY26 (ending September 2025), Revenue was ₹1,350.41 crore, Operating Profit was ₹56.0 crore, and OPM was 4.15%.
- For Q1 FY27 (ending June 2026), Revenue was ₹1,094.21 crore, Operating Profit was ₹158.0 crore, and OPM was 14.44%.
- For FY24 (ending March 2024), Sales were ₹3,645.0 crore, Operating Profit was ₹885.0 crore, and OPM was 24.3%.
- Projected FY26 (ending March 2026) Sales are ₹4,308.0 crore with an Operating Profit of ₹692.0 crore and OPM of 16.1%.
- Cash from Operating Activity was negative ₹173 crore in FY24 and is projected to be negative ₹1,253 crore in FY26.
- The Cash Conversion Cycle increased to 150 days in FY24 and is projected to be 289 days in FY25.

### Bull Case

Cochin Shipyard's financial performance shows a notable shift in cash flow generation. The company moved from a negative cash flow from operations of ₹-448 crore in March 2019 to a positive ₹253 crore in March 2020. This improvement is further reflected in the operating cash flow (CFO/OP) metric, which increased from -43.0 in March 2019 to 61.0 in March 2020. While the company's net cash flow saw a decrease in March 2020 compared to the previous year, the positive operational cash flow indicates a strengthening in core business activities. The balance sheet also shows growth in fixed assets, increasing from ₹375 crore in March 2019 to ₹756 crore in March 2020, alongside a rise in Capital Work-in-Progress (CWIP) from ₹341 crore to ₹768 crore over the same period, suggesting investments in future capacity or projects.

- Cash flow from operating activities improved from ₹-448 crore in March 2019 to ₹253 crore in March 2020.
- Operating cash flow (CFO/OP) increased from -43.0 in March 2019 to 61.0 in March 2020.
- Fixed assets grew from ₹375 crore in March 2019 to ₹756 crore in March 2020.
- Capital Work-in-Progress (CWIP) increased from ₹341 crore in March 2019 to ₹768 crore in March 2020.

- Cochin Shipyard, KRBL, RITES, Ramky Infrastructure among stocks to turn ex-dividend on September 18
- GRSE vs Cochin Shipyard dividend comparison ahead of record date: Which defence PSU wins on yield, stock performance?
- Navy seeks bids for building 7 advanced stealth frigates under Project 17B, goes for competitive bidding instead of earlier nomination route - The Times of India
- Defence stocks slide for fifth straight session
- Rs 70,000-crore warship order: Indian Navy seeks bids for 7 Project 17B stealth frigates

### Bear Case

Cochin Shipyard's financial position shows some areas of concern. While total assets have grown from ₹5,248 crore in March 2019 to ₹6,409 crore in March 2020, this increase is largely driven by a significant rise in "Other Assets" and "CWIP" (Construction Work in Progress). "Other Assets" increased from ₹4,472 crore to ₹4,819 crore, and CWIP more than doubled from ₹341 crore to ₹768 crore over the same period. Concurrently, total liabilities have also grown substantially, from ₹5,248 crore to ₹6,409 crore, with "Other Liabilities" showing a marked increase from ₹1,793 crore to ₹2,554 crore. This expansion in liabilities, alongside the growth in assets, warrants monitoring. Furthermore, the company's cash flow from operations has been volatile, moving from a negative ₹448 crore in March 2019 to a positive ₹253 crore in March 2020, but free cash flow remained negative at ₹210 crore in March 2020, indicating ongoing cash outflows for investments or operations. The company's TTM (Trailing Twelve Months) compounded profit growth stands at -30%, and compounded sales growth is -12%, suggesting a recent downturn in performance.

- Total assets increased to ₹6,409 crore in March 2020 from ₹5,248 crore in March 2019, primarily due to a rise in "Other Assets" (₹4,819 crore) and CWIP (₹768 crore).
- Total liabilities grew to ₹6,409 crore in March 2020 from ₹5,248 crore in March 2019, with "Other Liabilities" increasing to ₹2,554 crore.
- Free Cash Flow was negative at ₹210 crore for the period ending March 2020.
- TTM Compounded Profit Growth was -30% and TTM Compounded Sales Growth was -12%.

- Cochin Shipyard, KRBL, RITES, Ramky Infrastructure among stocks to turn ex-dividend on September 18
- GRSE vs Cochin Shipyard dividend comparison ahead of record date: Which defence PSU wins on yield, stock performance?
- Navy seeks bids for building 7 advanced stealth frigates under Project 17B, goes for competitive bidding instead of earlier nomination route - The Times of India
- Defence stocks slide for fifth straight session
- Rs 70,000-crore warship order: Indian Navy seeks bids for 7 Project 17B stealth frigates

### FAQs

**What were Cochin Shipyard's key financial developments and strategic agreements announced in September 2026?**

In September 2026, Cochin Shipyard Limited (CSL) announced several significant developments. The company's board approved a joint venture with Drydocks World (Dubai) to operate the International Ship Repair Facility (ISRF) at Willingdon Island, Kochi. This involves a slump sale of the undertaking for ₹1,800 crores, with CSL receiving 50% in cash and 50% in equity. CSL also secured a 30-year lease for a hybrid shipbuilding and repair facility at V.O. Chidambaranar Port, Tuticorin, for a one-time payment of ₹305.76 crores. Additionally, CSL reported a first-quarter FY27 turnover of ₹1,094.21 crores and identified itself as the lowest bidder (L1) for five next-generation survey vessels valued at approximately ₹5,000 crores for the Indian Navy. The company also declared a final dividend of ₹1.5 per share with a record date of September 18, 2026.

**How has Cochin Shipyard's balance sheet changed between March 2019 and March 2020?**

Between March 2019 and March 2020, Cochin Shipyard's total assets increased from ₹5,248 crores to ₹6,409 crores. This growth was primarily driven by an increase in Fixed Assets, which rose from ₹375 crores to ₹756 crores, and a significant jump in CWIP (Construction Work In Progress) from ₹341 crores to ₹768 crores. Total liabilities also increased from ₹5,248 crores to ₹6,409 crores over the same period. Reserves grew from ₹3,201 crores to ₹3,600 crores, while Equity Capital remained stable at ₹132 crores.

**What is the recent trend in Cochin Shipyard's cash flow from operations?**

Cochin Shipyard's cash flow from operating activities has shown a positive shift. In March 2019, the company reported a negative cash flow from operations of -₹448 crores. This improved to a positive ₹253 crores in March 2020. The CFO/OP metric also moved from -43.0 in March 2019 to 61.0 in March 2020, indicating an improvement in operating cash generation relative to operating profit.

**What are the recent returns and volatility measures for Cochin Shipyard?**

As of September 18, 2026, Cochin Shipyard has experienced varied returns across different periods. Its one-year return was -27%, and year-to-date return was -14%. Over a five-year period, the return was -8%. The stock has an annualized volatility of 43% and a maximum drawdown of -50%. The current drawdown stands at -42%.

- Cochin Shipyard, KRBL, RITES, Ramky Infrastructure among stocks to turn ex-dividend on September 18
- GRSE vs Cochin Shipyard dividend comparison ahead of record date: Which defence PSU wins on yield, stock performance?
- Navy seeks bids for building 7 advanced stealth frigates under Project 17B, goes for competitive bidding instead of earlier nomination route - The Times of India
- Defence stocks slide for fifth straight session
- Rs 70,000-crore warship order: Indian Navy seeks bids for 7 Project 17B stealth frigates
- Cochin Shipyard Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- SERIES:EQ |PURPOSE:DIVIDEND - RS 1.5 PER SHARE |FACE VALUE:5 |RECORD DATE:18-Sep-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-
- Cochin Shipyard Limited has informed the Exchange about Agreements |SUBJECT: Agreements
- COCHIN SHIPYARD LIMITED has informed the Exchange regarding Joint venture agreements |SUBJECT: Agreements,Contracts,Arrangements,MOU-XBRL
- Cochin Shipyard Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,331.43
- Risk regime: Higher Price Risk

### Support levels
- 1365.266796875
- 1332.1
- 1310.1

### Resistance levels
- 1524.175
- 1547.5625
- 1574.85

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +4.77% |
| return_10 | -5.97% |
| return_1m | -5.86% |
| return_1y | -26.71% |
| return_20 | -6.11% |
| return_3m | -4.87% |
| return_5 | -8.05% |
| return_6m | -0.98% |
| return_since_start | -10.78% |
| return_ytd | -13.84% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -50.13% |
| annualized_volatility | +43.05% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Modest revenue increase but lower profit as expenses grow faster

Cochin Shipyard Limited reported revenue from operations of ₹1,094.21 crore for the quarter ended 30 June 2026, up 2.4% from ₹1,068.59 crore a year earlier. Profit before tax fell 18.9% to ₹202.49 crore while total expenses increased 9.8%, growing faster than top-line revenue. Compared with the March 2026 quarter, revenue declined 26.3% and profit before tax fell 49.7%.

## Revenue and segment activity

Revenue from operations was ₹1,094.21 crore, a modest year-over-year increase following a 26.3% sequential decline from the ₹1,484.28 crore recorded in the March 2026 quarter. Segment revenue from operations was ₹1,161.25 crore, up 3.4% from ₹1,122.92 crore in the same quarter last year. Other income was ₹67.04 crore for the June 2026 quarter. The difference between segment revenue from operations and revenue from operations widened to ₹67.04 crore from ₹54.33 crore a year earlier.

## Expense growth and profitability

Total expenses rose to ₹958.76 crore, an increase of 9.8% from ₹873.38 crore. Expenses equated to 87.6% of revenue from operations, compared with 81.7% a year earlier. Finance costs increased to ₹25.36 crore from ₹12.17 crore, a 108.4% year-over-year rise; as a share of revenue from operations, finance costs climbed from 1.14% to 2.32%. Despite the sharp year-over-year increase, finance costs were lower than the ₹32.25 crore reported in the March 2026 quarter. 

Profit before tax was ₹202.49 crore, down 18.9% from ₹249.54 crore. Profit before tax equaled 18.5% of revenue from operations, compared with 23.4% a year earlier. Sequentially, profit before tax fell 49.7% from ₹402.58 crore in the preceding quarter.

## Tax, net profit, and earnings per share

Tax expense decreased to ₹51.03 crore from ₹61.71 crore a year earlier. Profit from continuing operations was ₹151.45 crore, down 19.4% from ₹187.83 crore. Basic and diluted earnings per share from continuing operations were ₹5.76 per share, compared with ₹7.14 per share a year earlier and ₹10.51 per share in the March 2026 quarter. Profit before tax matched profit before exceptional items and tax during the reported periods.

## Key Takeaway

Cochin Shipyard’s revenue was slightly higher than the year-earlier quarter, but profitability was lower because expenses increased at a faster pace. The significant sequential decline from the March 2026 quarter reflected the much higher revenue and profit levels of that period. Finance costs were a notable source of year-over-year expense pressure, although they remained below the March 2026 quarter level.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_18092026110658_SE_Intimation_sd.pdf)
- 2026-09-17 — Corporate Action Notice: Cochin Shipyard Limited - Ex-Date: 18-Sep-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-09-11 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_11092026213638_SE_Intimation_Sgd.pdf)
- 2026-09-11 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ANN_AGREEMENT_15406_WebXMLFile_20260911_214146601.xml)
- 2026-09-10 — Earnings Presentation: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_10092026103615_SE_Intimation_sd.pdf)
- 2026-09-10 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15406_WebXMLFile_20260910_170604408.xml)
- 2026-09-10 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15406_WebXMLFile_20260910_170604408.xml)
- 2026-09-09 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_09092026113101_SE_Intimation_Cov_Pag_BM_Outcome_sd.pdf)
- 2026-09-09 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_09092026115928_Board_Comments_Q1FY27_sd.pdf)
- 2026-09-07 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15406_WebXMLFile_20260907_171301096.xml)
- 2026-09-07 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_07092026170256_SE_Intimation_sd.pdf)
- 2026-09-05 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_05092026132536_SE_Intimation_Sgd.pdf)
- 2026-09-04 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_04092026110043_SE_Intimation_54th_AGM_Notice_Sgd.pdf)
- 2026-09-04 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_15406_WebXMLFile_20260904_110836740.xml)
- 2026-09-04 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_04092026112457_SE_Intimation_Record_Date_Sgd.pdf)
- 2026-09-03 — Annual Report: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31337_COCHINSHIP_2025_2026_A_14942297_04092026104816.pdf)
- 2026-09-02 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_02092026144931_SE_Intimation_Sgd.pdf)
- 2026-08-27 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_27082026130027_SE_Intimation_27_08_2026_sd.pdf)
- 2026-08-27 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_15406_WebXMLFile_20260827_134833676.xml)
- 2026-08-22 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_22082026114942_SE_Intimation_Sgd.pdf)
- 2026-08-17 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_17082026132439_SE_Intimation_Newspaper_Ad_SD.pdf)
- 2026-08-17 — Management Change: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_17082026172454_SE_Intimation_SD.pdf)
- 2026-08-17 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_15406_WebXMLFile_20260817_173903852.xml)
- 2026-08-14 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_14082026174331_SE_Intimation_14_08_2026_SD.pdf)
- 2026-08-14 — Generic Announcement: Cochin Shipyard Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Aswi4739_14082026180354_Board_Comments_Q4FY26_sd.pdf)

## News and market events

- 2026-09-18 — The Hindu: **CSL lays keel for Navy’s next-gen missile vessels** — CSL has laid the keel for six next-gen missile vessels for the Indian Navy, featuring advanced weapons and high-speed capabilities. — [Source](https://www.thehindu.com/news/national/kerala/csl-lays-keel-for-navys-next-gen-missile-vessels/article71481236.ece)
- 2026-09-17 — BUSINESSTODAY: **Cochin Shipyard, KRBL, RITES, Ramky Infrastructure among stocks to turn ex-dividend on September 18** — ex-dividend stocks, dividend stocks, Cochin Minerals & Rutiles, KRBL, RITES, Ramky Infrastructure, LT Foods, PG Electroplast, Victoria Mills, Sharda Motor Industries, Gujarat Alkalies, Gujarat Intrux, Creative Castings, Lakshmi Mills, Fluidomat, Garden Reach Shipbuilders, dividend September 18 2026 — [Source](https://www.businesstoday.in/markets/stocks/story/cochin-shipyard-krbl-rites-ramky-infrastructure-among-stocks-to-turn-ex-dividend-on-september-18-556225-2026-09-17)
- 2026-09-17 — Mint: **GRSE vs Cochin Shipyard dividend comparison ahead of record date: Which defence PSU wins on yield, stock performance?** — Shares of Garden Reach Shipbuilders and Cochin Shipyard surged ahead of their dividend record date. GRSE announced an interim dividend of  ₹6.75 per share while Cochin Shipyard approved a final dividend of  ₹1.5 per share, with a record date set for September 18. — [Source](https://www.livemint.com/market/stock-market-news/grse-vs-cochin-shipyard-dividend-comparison-ahead-of-record-date-which-defence-psu-wins-on-yield-stock-performance-11789617257760.html)
- 2026-09-16 — Times of India: **Navy seeks bids for building 7 advanced stealth frigates under Project 17B, goes for competitive bidding instead of earlier nomination route - The Times of India** — News News: NEW DELHI: To strengthen the country’s stealth frigate fleet, the Indian Navy has issued a request for proposal (RFP) for seven such advanced warships. — [Source](https://timesofindia.indiatimes.com/defence/news/navy-seeks-bids-for-building-7-advanced-stealth-frigates-under-project-17b-goes-for-competitive-bidding-instead-of-earlier-nomination-route/articleshow/134286313.cms)
- 2026-09-16 — BUSINESS: **Defence stocks slide for fifth straight session** — The Nifty India Defence index slipped 0.16% to 9,129.40 on Wednesday, extending its losing streak to a fifth consecutive session. — [Source](https://www.business-standard.com/markets/capital-market-news/defence-stocks-slide-for-fifth-straight-session-126091600510_1.html)
- 2026-09-16 — MONEYCONTROL: **Rs 70,000-crore warship order: Indian Navy seeks bids for 7 Project 17B stealth frigates** — Indian Navy Project 17B, Project 17B frigates, Indian Navy stealth frigates, Project 17B RFP, Rs 70000 crore Navy order, Mazagon Dock Project 17B, GRSE Project 17B, Cochin Shipyard Indian Navy, Goa Shipyard Project 17B, Indian Navy warships, Project 17A frigates, defence shipbuilding India — [Source](https://www.moneycontrol.com/news/business/rs-70-000-crore-warship-order-indian-navy-seeks-bids-for-7-project-17b-stealth-frigates-14030821.html)
- 2026-09-15 — Times of India: **Cochin shipyard goes global: Why Indian Navy could be the biggest winner - The Times of India** — News News: India and the UAE are deepening maritime cooperation with a new joint venture between Cochin Shipyard Limited (CSL) and Dubai-based Drydocks World, a . — [Source](https://timesofindia.indiatimes.com/defence/news/cochin-shipyard-goes-global-why-indian-navy-could-be-the-biggest-winner/articleshow/134261212.cms)
- 2026-09-15 — Economic Times: **Cochin Shipyard shares tumble 12% over 2 sessions. Should you buy after multibagger corrects 26% in a year?** — Cochin Shipyard shares fell sharply for a second straight session after management indicated a lower EBITDA margin target for the next two financial years. Despite near-term pressure, the company retains strong order visibility, while its joint venture with Drydocks World could support ship-repair growth. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/cochin-shipyard-shares-tumble-12-over-2-sessions-should-you-buy-after-multibagger-corrects-26-in-a-year/articleshow/134255269.cms)
- 2026-09-15 — MONEYCONTROL: **MFs raise healthcare, capital goods allocation in August; consumer weight hits decade low** — MF holding, August — [Source](https://www.moneycontrol.com/news/business/mfs-raise-healthcare-capital-goods-allocation-in-august-consumer-weight-hits-decade-low-14029813.html)
- 2026-09-15 — Mint: **Market prediction: What Gift Nifty says for opening; Vaishali Parekh gives 3 stocks - HDFC Bank, Cochin Shipyard, Waaree** — Stock market prediction: Vaishali Parekh has predicted a gap-up opening, as the Gift Nifty live chart is trading above the previous spot Nifty 50 close and its previous close — [Source](https://www.livemint.com/market/stock-market-news/market-prediction-what-gift-nifty-says-for-opening-vaishali-parekh-gives-3-stocks-hdfc-bank-cochin-shipyard-waaree-11789441055807.html)
- 2026-09-15 — BUSINESSTODAY: **Cochin Shipyard shares log worst fall in two years; what lies ahead for the defence stock?** — Shares of  Cochin Shipyard, Cochin Shipyard shares fall, Cochin Shipyard stocks, Cochin Shipyard share price today , Cochin Shipyard shares fall, trending stock, Cochin Shipyard shares crash, Cochin Shipyard share price target, Cochin Shipyard share price targets — [Source](https://www.businesstoday.in/markets/stocks/story/cochin-shipyard-shares-log-worst-fall-in-two-years-what-lies-ahead-for-the-defence-stock-555487-2026-09-15)
- 2026-09-15 — BUSINESSTODAY: **Paytm, Kalyan Jewellers, BSE, Tenneco, Titagarh, Cochin Shipyard, Sharda Motor shares: Targets** — Paytm share price, Kalyan Jewellers share price, BSE share price, Cochin Shipyard share price, Titagarh Rail share price, Usha Martin share price, Sharda Motor share price, Tenneco Clean Air share price — [Source](https://www.businesstoday.in/markets/stocks/story/paytm-kalyan-jewellers-bse-tenneco-titagarh-cochin-shipyard-sharda-motor-shares-targets-555480-2026-09-15)
- 2026-09-15 — BUSINESSTODAY: **Top stocks in news: HDFC Bank, DRL, Solar Industries, Sun Pharma, TVS Motor, Pranav, Cochin Shipyard** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, HDFC Bank, Dr Reddys Laboratories, Solar Industries, Sun Pharmaceuticals Industries, TVS Motor Company, Pranav Constructions, Cochin Shipyard, KEC International, Raymond, Piramal Finance, Uno Minda, Greenply Industries, Strides Pharma Science, WeWork India Management, Indiabulls, Raghav Productivity Enhancers — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-hdfc-bank-drl-solar-industries-sun-pharma-tvs-motor-pranav-cochin-shipyard-555479-2026-09-15)
- 2026-09-15 — BUSINESSTODAY: **YES Bank, Cochin Shipyard, Indus Tower: Stocks to trade — Key levels, target price & stop loss** — Stocks to buy, Stock picks, Stocks to trade, trading views, YES Bank, Indus Towers, Cochin Shipyard, YES Bank shares, Indus Towers shares, Cochin Shipyard shares, YES Bank share price, Indus Towers share price, Cochin Shipyard share price, YES Bank stock price, Indus Towers stock price, Cochin Shipyard stock price, YES Bank target price, Indus Towers target price, Cochin Shipyard target price — [Source](https://www.businesstoday.in/markets/stocks/story/yes-bank-cochin-shipyard-indus-tower-stocks-to-trade-key-levels-target-price-stop-loss-555163-2026-09-15)
- 2026-09-12 — Times of India: **Cochin Shipyard, DP World’s Drydocks World form JV to expand Kochi ship repair facility** — Cochin Shipyard and DP World’s Drydocks World form 50:50 JV to expand Kochi ISRF ship repair facility, boosting capacity and global maritime services hub. — [Source](https://timesofindia.indiatimes.com/city/guwahati/cochin-shipyard-dp-worlds-drydocks-world-form-jv-to-expand-kochi-ship-repair-facility/articleshow/134135289.cms)
- 2026-09-12 — Mint: **Cochin Shipyard-Drydocks World JV bets on global fleets for India’s ship repair push | Company Business News** — Jose VJ, Chairman and Managing Director, Cochin Shipyard Ltd, said the joint venture marks a defining moment in India's journey to become a global ship repair hub. — [Source](https://www.livemint.com/companies/news/drydocks-world-cochin-shipyard-form-50-50-joint-venture-in-first-of-its-kind-partnership-in-india-s-ship-repair-sector-11789185653727.html)
- 2026-09-11 — NEWS.WEBINDIA123.COM: **Cochin Shipyard Ltd and Drydocks World form joint venture to strengthen India's Ship repair industry** — Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) today announced the signing of a joint venture agreement to operate and expand the International Ship Repair Facility (ISRF) Cochin. — [Source](https://news.webindia123.com/news/articles/india/20260911/4497572.html)
- 2026-09-11 — The Hindu: **Cochin Shipyard, Drydocks World join hands to expand ship repair facility** — Cochin Shipyard and Drydocks World form a joint venture to enhance India's ship repair capabilities and expand maritime services. — [Source](https://www.thehindu.com/business/cochin-shipyard-drydocks-world-join-hands-to-expand-ship-repair-facility/article71456892.ece)
- 2026-09-11 — MONEYCONTROL: **Cochin Shipyard, DP World’s Drydocks World form 50:50 JV to expand Kochi ship repair facility** — Cochin Shipyard, CSL, DP World, Drydocks World, Cochin Shipyard joint venture, Drydocks World joint venture, 50:50 JV, Kochi ship repair facility, International Ship Repair Facility, ISRF Kochi, ship repair India, shipbuilding India, maritime services India, India UAE maritime partnership, BRICS Summit 2026, Kerala maritime hub — [Source](https://www.moneycontrol.com/news/business/cochin-shipyard-dp-world-s-drydocks-world-form-50-50-jv-to-expand-kochi-ship-repair-facility-14028227.html)
- 2026-09-11 — CNBC-TV18: **Cochin Shipyard signs JV agreement with DP World company Drydocks World Dubai** — Shares of Cochin Shipyard Ltd ended at ₹1,381.50, down by ₹143.35, or 9.40%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/cochin-shipyard-share-price-signs-jv-agreement-with-dp-world-company-drydocks-world-dubai-19989672.htm)
- 2026-09-11 — The Hindu: **Drydocks World sees more investment opportunities in ship repair and fabrication facilities in India: CEO Captain Rado Antolovic** — Dubai's Drydocks World plans to invest in India, enhancing ship repair capabilities through a joint venture with Cochin Shipyard in Kochi. — [Source](https://www.thehindubusinessline.com/economy/logistics/dubais-drydocks-world-eyes-further-investments-in-india/article71457363.ece)
- 2026-09-11 — The Hindu: **Drydocks World, Cochin Shipyard sign JV to expand ship repair facility** — Drydocks World and Cochin Shipyard Limited form a joint venture to enhance Kochi's ship repair capabilities and maritime services. — [Source](https://www.thehindubusinessline.com/economy/logistics/drydocks-world-cochin-shipyard-sign-jv-to-expand-ship-repair-facility/article71457492.ece)
- 2026-09-11 — Mint: **Drydocks World and Cochin Shipyard form JV to strengthen India’s ship repair industry | Company Business News** — The joint venture will expand the International Ship Repair Facility to service more vessels and strengthen Kochi’s position as a maritime services hub — [Source](https://www.livemint.com/companies/news/drydocks-world-and-cochin-shipyard-form-jv-to-strengthen-india-s-ship-repair-industry-11789138036768.html)
- 2026-09-11 — CNBC-TV18: **FIIs keep selling as Sensex, Nifty suffer fifth straight weekly loss** — FIIs sold ₹931 crore of Indian equities on Friday, while DIIs bought ₹1,968 crore as the Sensex and Nifty fell for a fifth straight week. — [Source](https://www.cnbctv18.com/market/fiis-keep-selling-as-sensex-nifty-suffer-fifth-straight-weekly-loss-19989625.htm)
- 2026-09-11 — BUSINESS: **Nifty ends below 23,400 as crude surge, rising yields pressure equities** — The key equity indices ended lower on Friday after a gap-down opening, as escalating tensions in the Middle East and a sharp rise in crude oil prices weighed on investor sentiment. The sell-off eased from the day's lows, but the Nifty remained below the 23,400 level, dragged by weakness in metal and auto shares. Brent crude surged amid concerns over supply disruptions, while the US 10-year Treasury yield moved close to 5%, adding to pressure on risk assets. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-ends-below-23-400-as-crude-surge-rising-yields-pressure-equities-126091100942_1.html)

## Business profile

**Strategic vision:** Builds and repairs large commercial and defense vessels globally.

### Business segments
- **Shipbuilding:** CSL builds technically advanced vessels, including Platform Supply Vessels and Anchor Handling Tug Supply Vessels, for domestic and international clients. Noteworthy projects include the Indigenous Aircraft Carrier.
- **Ship Repair:** The company performs repairs and upgrades for various vessels, including high-end offshore rigs and Aircraft Carriers for the Indian Navy. CSL has repaired over 2000 ships for Indian and foreign owners.

### Competitive strengths
- Capability to build and repair large vessels within India
- Sole Indian yard capable of dry-docking Aircraft Carriers for the Indian Navy
- Experience with international technology firms and diverse vessel types

## Related stocks

- [BDL (Defence)](https://faxioms.com/stocks/bdl) — +1.92%
- [BEL (Defence)](https://faxioms.com/stocks/bel) — +0.42%
- [BEML (Defence)](https://faxioms.com/stocks/beml) — +5.72%
- [SOLARINDS (Defence)](https://faxioms.com/stocks/solarinds) — +0.08%
- [360ONE (Financial Services)](https://faxioms.com/stocks/360one) — +1.96%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/cochinship
Markdown representation: https://faxioms.com/stocks/cochinship?render=md