Cochin Shipyard
Stage
IPO | IPODate of IPO
8/1/2017Market Cap
46.89BAbout Cochin Shipyard
Cochin Shipyard operates a shipyard that provides shipbuilding and ships/offshore structures repair services. Cochin Shipyard's shipbuilding activities include the construction of vessels for clients operating in the defense and in the commercial sector shipping industry. In addition to shipbuilding and ship repair, they also offer marine engineering training programs, including six months practical training for marine engineering students from colleges affiliated to universities, fire prevention and firefighting, and elementary first aid training through its marine engineering training institute; and chemical, mechanical, and non-destructive testing services of metals, welds, and alloys. They have built and delivered vessels across broad classifications including bulk carriers, tankers, Platform Supply Vessels (PSVs), Anchor Handling Tug Supply vessels (AHTSs), barges, bollard pull tugs, passenger vessels, and Fast Patrol Vessels (FPVs).
Cochin Shipyard Headquarter Location
AdPerumanoor PO
Kerala, 682 015,
India
+910484-2501200
Latest Cochin Shipyard News
Nov 16, 2021
8:22 AM IST, 16 Nov 2021 8:22 AM IST, 16 Nov 2021 8:22 AM IST, 16 Nov 2021 Save BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. Dolat Capital Report Cochin Shipyard Ltd. delivered sales/ Ebitda/ profit after tax growth of 6%/ 32%/ 25% YoY primarily due to execution of fixed cost portion of indigenous aircraft carrier project, lower provisions and job mix. Order backlog stood at ~Rs 210 billion (including level-one of next generation missile vessel), 7.4 times trailing twelve months sales. Revenue booking from indigenous aircraft carrier is expected to continue till FY24. Cochin Shipyard expects signing of next generation missile vessels to complete by CY21 and execution will commence from FY24 with delivery of first vessel expected in 48 months and consequently other vessels after every six months. Cochin Shipyard has cut its FY22 sales guidance to ~Rs 31 billion from Rs 35 billion with potential Ebitda margin of ~24%. Click on the attachment to read the full report: Dolat Capital Cochin Shipyard Q2FY22 Result Update.pdf View Document DISCLAIMER This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
