Cochin Shipyard Ltd Share Price – NSE  / BSE

Aerospace & Defence, Small Cap

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.

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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.