Cochin Shipyard Ltd
NSE: COCHINSHIP BSE: 540678
â‚ą1139.90
-24 (2.06%)
Wed, 28 Oct 2026, 11:46 pm
Market Cap (in Cr)30070.13
PE Ratio44.09
Dividend0.79
Producer Manufacturing
Trucks/Construction/Farm Machinery
24.5KCochin Shipyard Analysis
dividend
- Dividends paid are well covered by earnings (3.5x coverage).
- Cochin Shipyard's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Cochin Shipyard's dividend is above the markets top 25% of dividend payers in India (3.08%).
- Dividend payments have increased, but Cochin Shipyard only paid a dividend in the past 2 years.
- Whilst dividend payments have been stable, Cochin Shipyard has been paying a dividend for less than 10 years.
health
- Cochin Shipyard is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Cochin Shipyard is profitable, therefore cash runway is not a concern.
- Cochin Shipyard is profitable, therefore cash runway is not a concern.
- Debt is covered by short term assets, assets are 35.6x debt.
- Cochin Shipyard's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (7.9% vs 3.6% today).
- Cochin Shipyard earns more interest than it pays, coverage of interest payments is not a concern.
- Cochin Shipyard's level of debt (3.6%) compared to net worth is satisfactory (less than 40%).
- Low level of unsold assets.
- Operating cash flow is negative therefore debt is not well covered.
management
- The tenure for the Cochin Shipyard board of directors is about average.
- Madhu's remuneration is lower than average for companies of similar size in India.
- Madhu's compensation has been consistent with company performance over the past year, both up more than 20%.
- The tenure for the Cochin Shipyard management team is about average.
misc
- Cochin Shipyard is not covered by any analysts.
past
- Cochin Shipyard's 1-year earnings growth exceeds its 5-year average (25.1% vs 20.9%)
- Cochin Shipyard has delivered over 20% year on year earnings growth in the past 5 years.
- Cochin Shipyard used its assets more efficiently than the IN Machinery industry average last year based on Return on Assets.
- Cochin Shipyard's earnings growth has exceeded the IN Machinery industry average in the past year (25.1% vs -7.2%).
- Cochin Shipyard's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Cochin Shipyard has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
value
- Cochin Shipyard is good value based on earnings compared to the IN Machinery industry average.
- Cochin Shipyard is good value based on earnings compared to the India market.
- BSE:540678 is up 8.7% along with the Machinery industry (8.3%) over the past month.
- BSE:540678 is up 8.7% along with the India market (8%) over the past month.
- Cochin Shipyard's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Cochin Shipyard's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Cochin Shipyard is overvalued based on assets compared to the IN Machinery industry average.
- 540678 underperformed the Machinery industry which returned -23.7% over the past year.
- 540678 underperformed the Market in India which returned -14.5% over the past year.
