Cochin Shipyard share price today

Cochin Shipyard Ltd's share price was ₹1,237.50 at the close on 4 November 2026. It has been falling for 46 weeks. That is 14.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,114 and ₹1,777, and at that close it sat 19% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Cochin Shipyard Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 9 weeks running.

Over the last 9.2 years the share price moved +369% while the NIFTY 500 moved +154%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

6 points in one quarter, profit down on a year earlier for 4 quarters in a row and operating margin down 5 points on a year earlier.

1. Promoters cut their stake by 4.6 points in one quarter

   From 67.9% to 63.3% in the September 2026 quarter.

2. Profit down on a year earlier for 4 quarters in a row

   In the June 2026 quarter profit was ₹151 crore, -19.7% on a year earlier.

   Why: Profit fell because newer defence and commercial ship orders are won through tenders and carry lower margins than the work that lifted recent profit.

   Next results: check whether cash from operations turns positive as export vessel deliveries release money owed.

   From the earnings call on 10 Sep 2026.

3. Operating margin down 5 points on a year earlier

   18% in the June 2026 quarter, from 23%.

   Why: Operating margin fell because shipbuilding, which earns less than ship repair, made up more of the work.

   Next results: check whether shipbuilding earns 10-12% and ship repair 22-24%, as management expects.

   From the earnings call on 10 Sep 2026.

Cochin Shipyard paid ₹9 a share in regular dividends in the 12 months to 5 November 2026 (3 payments), a yield of 0.73% at the ₹1,237.50 close on 4 November 2026. The last was a dividend of ₹1.50 a share, ex-date 18 September 2026.

Cochin Shipyard dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Cochin Shipyard Ltd paid out 33% of its profit as dividends in FY26, and it paid a dividend in each of its last 9 reported years.

From the NSE corporate-actions record, read 5 November 2026.

For April to June 2026 (the quarter ended 30 June 2026), Cochin Shipyard reported revenue of ₹1,094 crore, up 2.3% from ₹1,069 crore a year earlier, and a profit of ₹151 crore, down 19.7% from ₹188 crore.

Cochin Shipyard results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Cochin Shipyard's management discussed these results on a call held on 10 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Cochin Shipyard closed at ₹1,237.50 on 4 November 2026, down 28.3% from ₹1,725.80 a year earlier (7 November 2025) and up 579.5% over five years. Its highest weekly close since August 2017 was ₹2,837.60 on 5 July 2024.

Cochin Shipyard share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

488 weekly closes from 11 August 2017 to 4 November 2026.

4 Nov 2026: Cochin Shipyard closed at ₹1,237.50, up 11.1% on the week and down 3.8% on the month. 18 Sep 2026: ex-date for a dividend of ₹1.50 a share.

Earlier

• 10 Sep 2026: Cochin Shipyard held its results call for April to June 2026. Management guided: Revenue growth 12-15% annually, with 12% as the conservative guide; operating cash flow positive in FY27 as export deliveries release collections.
• Results for April to June 2026: Revenue up 2.3% and profit down 19.7% on a year earlier.
• 3 Feb 2026: ex-date for an interim dividend of ₹3.50 a share.
• 18 Nov 2025: ex-date for an interim dividend of ₹4 a share.
• 10 Jan 2024: Share split: face value cut from ₹10 to ₹5 a share (ex-date).

On the call for April to June 2026, held on 10 September 2026, Cochin Shipyard's management guided: Revenue growth 12-15% annually, with 12% as the conservative guide; operating cash flow positive in FY27 as export deliveries release collections.

“We will therefore be coming out with a postal ballot to seek the requisite approval of our shareholders. Subject to receiving all the necessary approvals, the transaction is targeted to be implemented before the end of the current financial year.”Jose V J, on the call for April to June 2026

What management guided

• Blended operating margin around 14-15%; shipbuilding at 10-12%, ship repair at 22-24%, excluding other income.
• ISRF-DDW JV implementation planned before current FY-end; turnover ₹600 crore over 2 years, scaling to ₹1,000-1,200 crore over 5 years, alongside capacity augmentation.
• Standalone block fabrication capacity 60,000 tons p.a.; Vadinar turnover ₹300 crore initially to ₹500-600 crore; Tuticorin ₹650-700 crore initially to ₹1,800-2,000 crore over 7-8 years.
• Expansion funding planned at 20:80 debt-equity, with 25% capital spending subsidy and 3% interest subvention; new spending-base ROCE planned in the mid-teens.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 10 September 2026.

When Cochin Shipyard reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: ISRF approvals, postal ballot, and agreement execution - check whether the DDW operating model advances toward implementation.

Cochin Shipyard is on 3 of our India lists: 52 week high & low, Small & mid cap stocks and Defence stocks.

Cochin Shipyard Ltd earned ₹151 Cr of net profit in the Jun 2026 quarter, −19.7% on the same quarter a year earlier. Full-year FY26 profit was ₹717 Cr. Over 8 years profit has grown 7.7% a year on average. That is 13.8% of the quarter's revenue. The same quarter a year earlier earned ₹188 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹717 Cr (−13.3% on the year before).

Why profit moved: revenue changed +2.3% on a year earlier and the margin moved −5.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −21.1% and revenue +0.6%. Profit is growing slower than sales: rising costs are taking part of the growth.

Cochin Shipyard Ltd reported ₹1,094 Cr of revenue in the Jun 2026 quarter, +2.3% on the same quarter a year earlier. Over 8 years it has grown 9.9% a year on average. The last full year, FY26, came in at ₹5,022 Cr. The last four reported quarters add to ₹5,047 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹5,022 Cr, +4.2% on the year before.

Recent pace: the last four quarters grew +0.6% on average, against 9.9% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −1.4%, against +10.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −19.1%, against −11.0% a year (rolling over).

Cochin Shipyard Ltd's operating margin was 18.0% in the Jun 2026 quarter, 5.0 percentage points lower than the same quarter a year ago. Across 9 years it has been between 11.0% and 26.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −4.9 percentage points on the year while gross margin changed −11.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years Cochin Shipyard Ltd's operations used more cash than they brought in, so cash conversion was −73%, a gap worth watching. In FY26 its operations used ₹1,234 Cr of cash, against ₹717 Cr of profit. After ₹318 Cr of spending on assets, free cash was −₹1,552 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −73% of profit came in as cash: the cash cycle got 196 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 196 days longer. The next section looks at where the cash is stuck.

Cochin Shipyard Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 250 days in FY26, up from 54 days in FY21. It spent ₹1,487 Cr on assets over the last 3 years. Customers take 31 days to pay, and stock sits for 379 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹5,022 Cr, each day of that cycle ties up about ₹13.8 Cr, so roughly ₹3,440 Cr is tied up in the business at any time.

FY26: customers took 31 days to pay and stock sat for 379 days, about 12.5 months of sales sitting as stock, for a full cycle of 250 days, longer than FY21's 54.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 379 days. Customers pay about 31 days after that. Suppliers are paid at 159 days. Together that makes the 250-day cycle.

Spending on assets: ₹1,487 Cr over the last 3 years, against ₹308 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹587 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Cochin Shipyard Ltd's P/E is 47.9×, near the high end of its own history: higher than 74% of past readings. Its usual P/E (the middle reading) is 13.1×, over 8.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.