Cochin Shipyard Ltd Share Price – NSE  / BSE

Aerospace & Defence, Small Cap

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.

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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.

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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.

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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.

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