Cochin Shipyard Ltd.
NSE: COCHINSHIPCochin Shipyard Ltd.: A 30-second snapshot
Cochin Shipyard (₹1,653.10) is a government-owned shipbuilder classified under Infrastructure, with a trailing PE of 59.59, a D/E of 20.29, and a 5-year revenue CAGR of 17.7% alongside a 5-year earnings CAGR of -18.3%. The stock is 34.65% below its 52-week high but has recovered 8.44% over the past 3 months, now trading above both its 50-DMA (₹1,500.88) and 200-DMA (₹1,628.25) with RSI at 52.9.
P/E
59.6
Forward P/E
50.5
ROE
—
Debt / Equity
20.29
Profit Margin
+13.7%
Div. Yield
+0.8%
5Y ROE > 15%
1/5
5Y FCF > 0
2/5
Quality
40/100
News
5 headlines · 0 positive · 2 negative
How The Cochin Shipyard (NSEI:COCHINSHIP) Story Is Shifting After The Trimmed Fair Value Target - Yahoo Finance
Yahoo Finance
Cochin Shipyard Limited Announces Management Changes - marketscreener.com
marketscreener.com
Cochin Shipyard & RVNL Q4 Results Check Date, Dividend, Past Performance, Expected Results and Share Price - PSU Connect
PSU Connect
Suzlon Energy, DAM Capital, Cochin Shipyard, Data Patterns: Expert shares outlook, target prices - Business Today
Business Today
Number of shareholders of Cochin Shipyard Limited – NSE:COCHINSHIP - TradingView
TradingView
Recent context
- ·A third-party analyst trimmed their fair-value estimate for Cochin Shipyard (Yahoo Finance, May 2026), contributing to 2 of 5 news items carrying negative sentiment in the past month.
- ·Management changes were announced in early May 2026, introducing a leadership transition variable at a time when earnings trajectory is already under scrutiny.
- ·Q4 results and dividend announcement are pending (PSU Connect, May 2026); this is the next scheduled data event that could clarify the earnings-versus-revenue divergence observed over 5 years.
Strengths
- +Revenue has compounded at 17.7% over 5 years, indicating sustained top-line expansion in the shipbuilding and repair segment.
- +Current price (₹1,653.10) is above both the 50-DMA (₹1,500.88) and 200-DMA (₹1,628.25), with the 3-month price change of +8.44% showing near-term momentum after a deeper drawdown.
- +Trailing PE of 59.59 is below two of five listed infrastructure peers — ABB at 87.90 and CGPOWER at 110.02 — positioning it in the middle of the sector on this metric.
- +Forward PE of 50.54 is below the trailing PE of 59.59, reflecting market expectations of near-term earnings improvement relative to the current multiple.
Weaknesses
- −The 5-year earnings CAGR of -18.3% against revenue CAGR of +17.7% indicates that profit has not tracked top-line growth, suggesting structural cost escalation or persistent margin compression over five years.
- −D/E of 20.29 is materially elevated; FCF was positive in only 2 of the available years, and ROE exceeded 15% in just 1 year — a combination that reduces balance-sheet flexibility.
- −Quality score of 29/100 ranks 4th of 6 among infrastructure peers, with a persistence consistency score of 50, reflecting uneven financial performance over the measurement window.
- −The stock is 34.65% below its 52-week high, and a resistance cluster at ₹1,662–₹1,693 sits within 2.4% of the current price — a compressed distance between current price and identified supply zone.
Open questions
- ?Does the persistent gap between 5-year revenue growth (+17.7%) and earnings contraction (-18.3%) reflect temporary project-cost overruns, or a structural shift in the economics of government shipbuilding contracts?
- ?How does a D/E of 20.29 compare to the capital structure typical for Indian public-sector shipyards, and what is the debt-service coverage at current operating margins?
- ?What drove the 34.65% drawdown from the 52-week high, and does the subsequent recovery reflect a change in order-book visibility or broader sector re-rating?
- ?How does the announced management change affect the continuity of large ongoing vessel-construction programs, and what is the typical transition risk in PSU shipbuilding leadership changes?
Peer comparison: Infrastructure
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| COCHINSHIP | Cochin Shipyard Ltd.You're viewing | 59.6 | — | 29 |
| Industry avg | across 5 peers | 70.1 | +17.5% | 40 |
| BEL | Bharat Electronics Ltd. | 52.4 | — | 57 |
| ABB | ABB India Ltd. | 87.9 | — | 47 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 110.0 | +19.6% | 45 |
| LT | Larsen & Toubro Ltd. | 33.8 | +15.5% | 26 |
| CUMMINSIND | Cummins India Ltd. | 66.4 | — | 24 |
Technical state
Current price
₹1,653.10
SMA 50
₹1,500.88
SMA 200
₹1,628.25
RSI (14)
52.9 (neutral)
From 52w high
-34.6%
1Y return
+12.0%
3M return
+8.4%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 20.29 is materially elevated for an infrastructure/capital-goods company; only 2 of available years showed positive FCF and ROE exceeded 15% in just 1 year, indicating constrained balance-sheet resilience across business cycles.
- high5-year earnings CAGR of -18.3% against 5-year revenue CAGR of +17.7%: revenue has expanded while profits have contracted on a compounded basis, pointing to persistent cost-structure deterioration or sustained margin compression.
- mediumQuality score of 29/100 ranks 4th out of 6 infrastructure peers (BEL 57, ABB 47, CGPOWER 45, CUMMINSIND 24, LT 26). Persistence consistency score is 50; ROE data unavailable for direct comparison.
- mediumStock is 34.65% below its 52-week high despite trading above both the 50-DMA (₹1,500.88) and 200-DMA (₹1,628.25). Nearest resistance cluster at ₹1,662–₹1,693 sits within 0.5–2.4% of current price (₹1,653.10).
- lowNews sample is sparse (5 articles: 0 positive, 3 neutral, 2 negative). A trimmed fair-value target (Yahoo Finance, May 2026) and a management change announcement (May 2026) are the most notable items; thin coverage limits sentiment inference.
Cross-section contradictions
- Revenue has grown at a 17.7% 5-year CAGR while earnings have contracted at -18.3% over the same period — a sustained divergence that implies significant cost escalation, project mix shifts, or recurring charges absorbing the revenue expansion.
- The stock sits 34.65% below its 52-week high yet is up 12.02% over 1 year and 8.44% over 3 months, and trades above both moving averages — indicating a sharp recent recovery from a deeper intra-year trough.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days