Cochin Shipyard Ltd.
NSE: COCHINSHIPCochin Shipyard Ltd.: A 30-second snapshot
Cochin Shipyard trades at ₹1,423, 27.79% below its 52-week high and below both its 50-DMA (₹1,444) and 200-DMA (₹1,545); the stock is down 18.91% over the past year, with almost all of that decline (-18.83%) concentrated in the last 3 months. Trailing PE stands at 52.3x against a forward PE of 32.2x, ROE is 12.52%, and the quality score of 14 ranks last among the 6 Infrastructure peers tracked. The Government of India sold a 5% stake via OFS at ₹1,400/share in early July, and the 5 cached news items since then are uniformly neutral.
P/E
52.3
Forward P/E
32.2
ROE
+12.5%
Debt / Equity
28.47
Profit Margin
+14.3%
Div. Yield
+0.9%
5Y ROE > 15%
1/5
5Y FCF > 0
1/5
Quality
36/100
News
5 headlines · 0 positive · 0 negative
Govt to sell 5% stake in Cochin Shipyard at ₹1,400/share via OFS - The Hindu
The Hindu
Govt To Sell 5% Stake in Cochin Shipyard at Rs 1,400/Share Via OFS - HDFC Sky
HDFC Sky
Cochin Shipyard OFS opens today for retail investors. Should you participate in this defence stock offer? - livemint.com
livemint.com
Cochin Shipyard Limited Revenue Breakdown – NSE:COCHINSHIP - TradingView
TradingView
Enterprise value to EBIT forward of Cochin Shipyard Limited – NSE:COCHINSHIP - TradingView
TradingView
Recent context
- ·The Government of India sold a 5% stake in Cochin Shipyard via Offer for Sale at ₹1,400/share, which opened to retail investors around July 7-8, 2026 (The Hindu, HDFC Sky, livemint.com).
- ·The 5 cached news items since early July are all classified neutral (0 positive, 0 negative); coverage is thin and centers largely on the OFS and routine data-page mentions (TradingView revenue and EV/EBIT snippets) rather than fresh operational news.
- ·Mean analyst rating is 2.75 across 4 analysts (1-5 scale, lower = more constructive) -- a small sample size.
Strengths
- +Corrected debt-to-equity of roughly 0.28x is low in absolute terms for a capital-intensive shipbuilding business (Yahoo's raw 28.466 figure is percent-scaled).
- +Profit margin of 14.27% reflects continued operating profitability alongside the 5-year earnings decline.
- +Forward PE of 32.2x sits well below trailing PE of 52.3x, indicating consensus estimates project higher near-term earnings than the trailing base implies.
- +RSI of 49.97 sits in neutral territory -- neither overbought nor oversold -- following the -27.79% drawdown from the 52-week high.
Weaknesses
- −Free cash flow was positive in just 1 of the last 5 years tracked and the debt trend is rising, signaling constrained cash generation even though absolute leverage (0.28x) is low.
- −5-year revenue CAGR is -15.6% and 5-year earnings CAGR is -3.8% -- both contracted -- while the stock still trades at 52.3x trailing earnings.
- −Quality score of 14 is the lowest among the 6 Infrastructure peers tracked (BEL, LT, ABB, CGPOWER, CUMMINSIND), and ROE exceeded 15% in only 1 of the years assessed.
- −Price sits below both the 50-DMA (₹1,444) and 200-DMA (₹1,545), and -18.83% of the -18.91% one-year decline occurred in just the trailing 3 months.
Open questions
- ?Does the rising debt trend reflect financing tied to order backlog and capex, or deteriorating working-capital dynamics, and how does that reconcile with FCF being positive in only 1 of the last 5 years?
- ?What explains the gap between the 52.3x trailing PE and the 32.2x forward PE -- specific order-book revenue visibility, or a broader re-rating expectation?
- ?How much of the recent 3-month price move is tied to supply from the 5% OFS stake sale versus underlying operating performance?
- ?What would need to change in the 5-year revenue (-15.6% CAGR) and earnings (-3.8% CAGR) trajectory for the quality score to move up from its current last-place ranking among sector peers?
Peer comparison: Infrastructure
Ranks 6 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| COCHINSHIP | Cochin Shipyard Ltd.You're viewing | 52.3 | +12.5% | 14 |
| Industry avg | across 5 peers | 70.3 | +29.5% | 47 |
| CUMMINSIND | Cummins India Ltd. | 64.7 | +29.5% | 65 |
| BEL | Bharat Electronics Ltd. | 46.2 | — | 50 |
| ABB | ABB India Ltd. | 98.9 | — | 47 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 109.2 | — | 38 |
| LT | Larsen & Toubro Ltd. | 32.7 | — | 37 |
Technical state
Current price
₹1,423.00
SMA 50
₹1,444.08
SMA 200
₹1,545.02
RSI (14)
50.0 (neutral)
From 52w high
-27.8%
1Y return
-18.9%
3M return
-18.8%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highFree cash flow was positive in only 1 of the last 5 years tracked and the debt trend is flagged as rising; ROE exceeded 15% in just 1 of those years too (latest ROE 12.52%). This points to limited cash-generation resilience even though the corrected debt-to-equity is roughly 0.28x (Yahoo's raw figure of 28.466 is percent-scaled, not an x-multiple).
- medium5-year revenue CAGR is -15.6% and 5-year earnings CAGR is -3.8% -- both metrics contracted over the period -- while the stock trades at a 52.3x trailing PE (32.2x forward PE).
- mediumQuality score of 14 ranks last (6th of 6) among the Infrastructure peers tracked (BEL, LT, ABB, CGPOWER, CUMMINSIND). PE ranks 3rd of 6 and ROE ranks 2nd of 6, though ROE data is only available for 2 of the 6 peers, which limits that particular comparison.
- mediumPrice (₹1,423) is below both the 50-DMA (₹1,444.08) and 200-DMA (₹1,545.02), and 27.79% below the 52-week high. -18.83% of the -18.91% one-year price change occurred within the trailing 3 months, meaning the decline is concentrated in the most recent quarter rather than spread across the year.
- lowNews coverage is thin: 5 cached headlines, all classified neutral (0 positive, 0 negative). Analyst coverage is limited to 4 analysts, and sector peer comparisons are incomplete -- ROE is available for only 2 of 6 peers and priceChange1Y is unavailable for all 6 -- so sentiment and relative-positioning reads carry limited confidence.
Cross-section contradictions
- Forward PE (32.2x) is meaningfully below trailing PE (52.3x), implying consensus estimates for near-term earnings growth, even though the 5-year earnings CAGR (-3.8%) and revenue CAGR (-15.6%) are both negative over the historical window.
- The 5 cached news items are uniformly neutral with no negative headlines, yet the stock fell 18.83% over the trailing 3 months -- the cached sample does not capture an explicit negative catalyst for that move.
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 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 1 Aug 2026 · rotates through NIFTY 500 every ~5 days