Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Cochin Shipyard Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 600 | 476 | 1,012 | 1,056 | 1,286 | 771 | 1,143 | 1,148 | 1,758 | 1,069 | 1,119 | 1,350 | 1,484 |
| Expenses + | 667 | 397 | 821 | 746 | 998 | 594 | 946 | 910 | 1,492 | 827 | 1,045 | 1,164 | 1,175 |
| Operating Profit | -67 | 79 | 191 | 310 | 288 | 177 | 197 | 237 | 266 | 241 | 74 | 187 | 310 |
| OPM % | -11% | 17% | 19% | 29% | 22% | 23% | 17% | 21% | 15% | 23% | 7% | 14% | 21% |
| Other Income + | 133 | 84 | 89 | 58 | 80 | 84 | 101 | 47 | 157 | 54 | 127 | 71 | 157 |
| Interest | -1 | 9 | 10 | 8 | 7 | 7 | 9 | 11 | 12 | 12 | 20 | 28 | 32 |
| Depreciation | 11 | 17 | 19 | 20 | 19 | 19 | 26 | 32 | 27 | 34 | 31 | 33 | 32 |
| Profit before tax | 57 | 137 | 251 | 340 | 342 | 236 | 263 | 242 | 384 | 250 | 150 | 197 | 403 |
| Tax % | 30% | 28% | 28% | 28% | 24% | 26% | 28% | 27% | 25% | 25% | 28% | 26% | 31% |
| Net Profit + | 39 | 99 | 182 | 244 | 259 | 174 | 189 | 177 | 287 | 188 | 108 | 145 | 276 |
| EPS in Rs | 1.50 | 3.75 | 6.90 | 9.29 | 9.84 | 6.62 | 7.18 | 6.73 | 10.92 | 7.14 | 4.09 | 5.50 | 10.51 |
Financials of Cochin Shipyard Ltd
Annual income statement trend
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,355 | 2,966 | 3,422 | 2,819 | 3,191 | 2,365 | 3,830 | 4,820 | 5,022 |
| Expenses + | 1,891 | 2,394 | 2,711 | 2,096 | 2,564 | 2,103 | 2,949 | 3,925 | 4,210 |
| Operating Profit | 465 | 571 | 711 | 723 | 627 | 262 | 882 | 895 | 811 |
| OPM % | 20% | 19% | 21% | 26% | 20% | 11% | 23% | 19% | 16% |
| Other Income + | 189 | 226 | 245 | 203 | 260 | 269 | 310 | 389 | 410 |
| Interest | 12 | 15 | 50 | 58 | 53 | 43 | 46 | 55 | 92 |
| Depreciation | 38 | 34 | 49 | 60 | 68 | 69 | 75 | 103 | 130 |
| Profit before tax | 604 | 748 | 858 | 808 | 766 | 418 | 1,071 | 1,125 | 999 |
| Tax % | 34% | 36% | 26% | 25% | 26% | 27% | 27% | 26% | 28% |
| Net Profit + | 396 | 478 | 632 | 609 | 564 | 305 | 783 | 827 | 717 |
| EPS in Rs | 14.58 | 18.17 | 24.02 | 23.13 | 21.44 | 11.58 | 29.77 | 31.45 | 27.24 |
| Dividend Payout % | 41% | 36% | 35% | 34% | 39% | 73% | 33% | 31% | 6% |
Financials of Cochin Shipyard Ltd
Capital structure and asset base
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 136 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 |
| Reserves | 3,120 | 3,197 | 3,591 | 3,902 | 4,262 | 4,296 | 4,872 | 5,448 | 5,741 |
| Borrowings + | 123 | 123 | 123 | 540 | 554 | 587 | 502 | 560 | 1,672 |
| Other Liabilities + | 2,109 | 1,799 | 2,565 | 2,976 | 3,467 | 5,006 | 6,531 | 7,253 | 6,986 |
| Total Liabilities | 5,487 | 5,251 | 6,411 | 7,549 | 8,414 | 10,021 | 12,037 | 13,393 | 14,531 |
| Fixed Assets + | 349 | 376 | 764 | 867 | 970 | 953 | 968 | 3,047 | 3,164 |
| CWIP | 121 | 342 | 799 | 1,176 | 1,264 | 1,619 | 2,196 | 516 | 586 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113 |
| Other Assets + | 5,017 | 4,532 | 4,848 | 5,506 | 6,180 | 7,449 | 8,873 | 9,830 | 10,667 |
| Total Assets | 5,487 | 5,251 | 6,411 | 7,549 | 8,414 | 10,021 | 12,037 | 13,393 | 14,531 |
Financials of Cochin Shipyard Ltd
Operating, investing and financing cash movement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 631 | -451 | 253 | 710 | 1,398 | 1,889 | -172 | -297 | -1,234 |
| Cash from Investing Activity + | -1,312 | 1,074 | -97 | -443 | -1,007 | -35 | 481 | 538 | 327 |
| Cash from Financing Activity + | 812 | -409 | -309 | -405 | -239 | -276 | -371 | -277 | 696 |
| Net Cash Flow | 131 | 214 | -154 | -138 | 152 | 1,578 | -62 | -36 | -211 |
| Free Cash Flow | 556 | -738 | -242 | 280 | 1,135 | 1,553 | -805 | -792 | -1,385 |
| CFO/OP | 169% | -44% | 61% | 113% | 247% | 765% | 2% | -17% | -136% |
Financials of Cochin Shipyard Ltd
Working capital efficiency and return ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 90 | 48 | 31 | 46 | 50 | 52 | 29 | 17 | 31 |
| Inventory Days | 98 | 70 | 65 | 139 | 67 | 122 | 216 | 323 | 379 |
| Days Payable | 83 | 84 | 85 | 130 | 38 | 71 | 98 | 86 | 159 |
| Cash Conversion Cycle | 104 | 34 | 10 | 54 | 79 | 103 | 147 | 255 | 250 |
| Working Capital Days | -114 | -27 | 9 | -8 | -95 | -423 | -168 | -55 | 17 |
| ROCE % | 22% | 25% | 20% | 17% | 8% | 21% | 20% | 16% |