Cochin Shipyard Share Price Target 2025: This article is going to mainly focus on Cochin Shipyard Share Price Target 2025, 2026, 2028, 2030, 2040 and 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
About Cochin Shipyard
Cochin Shipyard Limited (CSL), established in 1972, is a premier Government of India enterprise in the shipbuilding and ship repair industry. Renowned for its capabilities, CSL builds vessels up to 1,10,000 DWT and repairs ships up to 1,25,000 DWT, including India’s largest double-hull Aframax tankers (95,000 DWT). It has earned international acclaim with orders from leading companies in Europe and the Middle East and is entrusted with constructing India’s first indigenous Air Defence Ship.
CSL began ship repair operations in 1982, handling diverse projects such as oil exploration ship upgrades, periodic maintenance, and life extension of naval, coast guard, and merchant vessels. The yard is equipped to manage complex repairs and contributes to marine engineering by training 100 graduate engineers annually, preparing them for careers as 5th Engineers on Indian and foreign ships.
Cochin Shipyard Fundamental
Cochin Shipyard Limited (CSL) is a leading company in the shipbuilding sector. It is a medium market cap company with ₹44363 crore. The company is listed on both NSE and BSE with the code COCHINSHIP and 540678 respectively. Reserves and surplus of ₹4894.33 crore suggest good financial support, which reflects the company’s strong position to fight adverse conditions.
Cochin Shipyard total revenue for FY24 was Rs 4141 crore and net profit was Rs 783.28 crore, registering a growth of 61% and 157.06% respectively. The company’s ROE (16.42%) and ROCE (21.6%) reflect the effective utilization of shareholder equity and capital employed. The company’s debt-to-equity ratio is 0.10, which indicates that the company is almost debt free.
Also Read: Then don’t say that I didn’t tell you, buy Waaree Energies shares right now.
The company’s price-to-earnings (P/E) ratio is 51.41 which is significantly higher than the industry’s P/E of 46.28, which indicates that the company is overvalued. P/B ratio is 8.41, indicating that the stock trades at a high book value multiple. CSL’s EPS: ₹32.93 (TTM) reflects consistent profitability, it pays high dividend to its investors which attracts income focused investors.
| Description | Value |
|---|---|
| Company Name | Cochin Shipyard Ltd. |
| Sector | Ship Building |
| Established | 1972 |
| Website | cochinshipyard.in |
| Listing At | BSE, NSE |
| BSE Code | 540678 |
| NSE Code | COCHINSHIP |
| Mkt Cap | ₹44363Cr |
| Reserves and Surplus | ₹4894.33Cr |
| ROE | 16.42% |
| ROCE | 21.6% |
| 52 Week High | ₹2979.45 |
| 52 Week Low | ₹586.60 |
| P/E Ratio (TTM) | 51.41 |
| Industry P/E | 46.28 |
| P/B Ratio | 8.41 |
| Face Value | 5 |
| Book Value Per Share | ₹200.53 |
| EPS (TTM) | ₹32.93 |
| Dividend Yield | 0.30% |
| Debt to Equity | 0.10 |
| Total Revenue | ₹4141Cr |
| Revenue Growth | 61% |
| Net Profit (Anual) | ₹783.28Cr |
| Profit Growth | 157.06% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2023 | 153.43% |
| 2022 | 49.95% |
| 2021 | -4.36% |
| 2020 | -7.52% |
| 2019 | 7.70% |
| 2018 | -32.25% |
Also Read: Tata Gold Price Target, money printing machine for small investors.
Cochin Shipyard Share Price Target 2024
The current sentiment of Cochin Shipyard is showing bullish. the Cochin Shipyard share price target 2024 is going to be between Rs 650 to Rs 1380.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹650 | ₹1380 |
Cochin Shipyard Price Target 2025
According to market experts, the Cochin Shipyard share price target 2025 is going to be between Rs 1140 to Rs 2100.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹1140 | ₹2100 |
Cochin Shipyard Share Price Target 2026
According to market experts, the price target of Cochin Shipyard for 2026 is going to be between Rs 1700 to Rs 2500.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹1700 | ₹2500 |
Also Read: Venus Pipes Share Price Target 2023 to 2050
Cochin Shipyard Share Price Target 2028
According to market experts, the price target of Cochin Shipyard for 2028 is going to be between Rs 2500 to Rs 3400.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹2500 | ₹3400 |
Cochin Shipyard Share Price Target 2030
According to market experts, Cochin Shipyard Share Price Target 2030 is going to be between Rs 3100 to Rs 4200.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹3100 | ₹4200 |
Cochin Shipyard Share Price Target 2040
According to the past trend of the company, Cochin Shipyard Share Price Target 2040 is going to be between Rs 5700 to Rs 6800.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹5700 | ₹6800 |
Also Read: Adani Power price target, share will increase 10 times.
Cochin Shipyard Share Price Target 2050
According to the past trend of the company, Cochin Shipyard Share Price Target 2050 is going to be between Rs 9200 to Rs 10400.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹9200 | ₹10400 |
Latest News
- Cochin Shipyard signs ₹1,000 crore contract with the Ministry of Defence for Naval vessel refit, boosting shares by 5%. Stock recovers 30% from recent lows despite ASM Stage 4 framework restrictions.
- Kotak Institutional Equities warns of overvaluation in ‘narrative’ stocks like BHEL, NTPC, and Cochin Shipyard, citing frothy valuations and potential downside. It sees risks in PSUs, capital goods, and cement stocks with limited upside relative to fundamentals.
- Defence stocks soar as the Ministry of Defence approves Rs 21,772 crore capital acquisitions. Mazagon Dock, Bharat Dynamics, Cochin Shipyard, and others gain up to 6.5%, driven by orders for naval vessels and coastal defence upgrades.
- Cochin Shipyard gains 3% after signing an MoU with Seatrium Letourneau USA for jack-up rig designs and equipment, targeting opportunities in India’s Mobile Offshore Drilling Units (MODUs) market.
Strengths
- In FY 2024, the company’s revenue grew by 61% to ₹4141 crore.
- The company made a profit of ₹783.28 crore with 157.06% growth last year.
- The company has generated a revenue of ₹1197 crore in the September quarter, which is 14.87% higher than the same quarter last year.
- The company’s quarterly net profit margin has been consistently above 17%, reaching 25.48% in June 2024.
- The company’s debt-to-equity ratio of 0.10 shows a strong financial structure.
- FY24 net profit margin stood at 20.45%, which is the highest in the last three years.
- Operating cash flow increased to ₹1889 crore in FY23 from ₹252.66 crore in FY20.
- The company’s annual net cash flow has increased.
- The company is consistently paying high dividends to its investors.
Risks
- The P/E ratio of 51.41 is higher than the industry average of 46.28, indicating overvaluation.
- The company’s P/B ratio (8.41) is high which may discourage value-conscious investors.
- The company relies heavily on government contracts, potentially leading to cyclical demand pressures.
- The shipbuilding sector requires significant capital investment, which can put a strain on resources during an economic downturn.
- A decline in the company’s quarterly operating profit margin may indicate instability in cost management.
Sentiment
The current sentiment of Cochin Shipyard is showing strong bullish. It is trading above 6 out of 8 SMAs and also trading above 6 out of 9 Oscillators in bullish zone, 2 in bearish zone, and 1 in neutral.
Technical Indicator
According to Investing.com, 7 out of 10 technical indicators are giving buy signal, 0 are giving sell and 0 are giving neutral signal.
| Action | Indicator |
|---|---|
| Buy | 7 |
| Hold | 0 |
| Sell | 0 |
Cochin Shipyard Share Price History
Cochin Shipyard was listed on the Indian stock exchanges BSE and NSE on 11 August 2017 at Rs 264.08. After listing, the stock showed positive and negative trends till July 2018, but after this the company’s stock kept falling till June 2022 and reached a value of Rs 151. Its stock started rising from July 2022 and by July 2024 its stock reached Rs 2979.45 with a growth of 1775.5%. From the very next day, its stock started declining again and by November it fell by 54.5% to reach Rs 1299.
In the last 5 years, the company has given a return of 751.95% to its investors. In the last 1 year also, the company has given a return of 184% to its investors, although the last 6 months have shown negative growth.
Also Read: Tata Steel price target, trust of more than 100 years old company.
Cochin Shipyard Quarterly Report
| Description | Sep 24 | Jun 24 | Mar 24 | Dec 23 |
| Revenue + | ₹1197Cr. | ₹789.98Cr. | ₹1305Cr. | ₹1078Cr. |
| Expenses + | ₹930.90Cr | ₹547.84Cr. | ₹959.40Cr. | ₹732.85Cr. |
| EBITDA | ₹296.33Cr | ₹262.51Cr. | ₹365.57Cr. | ₹367.73Cr. |
| EBIT | ₹275.40Cr | ₹248.44Cr. | ₹351.74Cr. | ₹352.55Cr. |
| Net Profit | ₹193.07Cr | ₹180.85Cr. | ₹264.67Cr. | ₹248.02Cr. |
| Operating Profit Margin | 27.01% | 36.98% | 29.83% | 36% |
| Net Profit Margin | 17.60% | 25.48% | 21.60% | 24.28% |
| Earning Per Share | ₹7.34 | ₹6.87 | ₹10.60 | ₹18.86 |
| Dividends Per Share | 4 | 0.00 | 0.00 | 15 |
Cochin Shipyard Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹4141Cr | ₹2572Cr | ₹3454Cr | ₹3010Cr |
| Total Expenses | ₹3070Cr | ₹2215Cr | ₹2685Cr | ₹2214Cr |
| Profit/Loss | ₹783.28Cr | ₹304.71Cr | ₹563.96Cr | ₹608.66Cr |
| Net Profit Margin | 20.45% | 11.06% | 17.67% | 21.59% |
| Earning Per Share | ₹29.77 | ₹11.58 | ₹42.87 | ₹46.27 |
| EBITDA | ₹1179 | ₹522.30 | ₹881.08 | ₹919.22 |
| EBIT | ₹1104 | ₹453.46 | ₹813.06 | ₹859.39 |
| Operating Profit Margin | 31.11% | 19.82% | 27.80% | 32.86% |
| Dividends Per share | 10.25 | 10.00 | 16.75 | 15.50 |
Cochin Shipyard Cash Flow
| Particulars | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Opening Cash Balance | ₹503.50Cr. | ₹351.21Cr. | ₹866.82Cr. | ₹1021Cr. |
| Cash Flow From Operating Activities | ₹1889Cr | ₹1398Cr. | ₹710.19Cr. | ₹252.66Cr. |
| Cash Flow From Investing Activities | ₹-35.32Cr | ₹-1007Cr. | ₹-443.10Cr. | ₹-97.41Cr. |
| Cash Flow From Financing Activities | ₹-276.08Cr | ₹-238.92Cr. | ₹-405.21Cr. | ₹-309.10Cr. |
| Closing Cash Balance | ₹2081Cr | ₹503.50Cr. | ₹728.70Cr. | ₹866.82Cr. |
| Net Change In Cash | ₹1578 | ₹152.29 | ₹-138.12 | ₹-153.85 |
Cochin Shipyard Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹650 | ₹1380 |
| 2025 | ₹1140 | ₹2100 |
| 2026 | ₹1700 | ₹2500 |
| 2028 | ₹2500 | ₹3400 |
| 2030 | ₹3100 | ₹4200 |
| 2040 | ₹5700 | ₹6800 |
| 2050 | ₹9200 | ₹10400 |
Also Read: SW Solar price target, guarantee boom in solar sector.
Cochin Shipyard Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 72.86% |
| Other Domestic Institutions | 0.38% |
| Retail and Others | 20.29% |
| Foreign Institutions | 3.84% |
| Mutual Funds | 2.63% |
| Total | 100.00% |
How to Buy Cochin Shipyard Shares?
Buying and selling of Cochin Shipyard can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
Similar Stocks
| Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Bharti Airtel | ₹9.86 LCr. | 60.54% | ₹960 | ₹1789 |
| Bharti Hexacom | ₹69.33 KCr. | 69.56% | ₹755 | ₹1568 |
| Railtel Corporation of India | ₹12.80 KCr. | 45.39% | ₹273.75 | ₹617.80 |
| Vodafone Idea | ₹48.61KCr | -36.98% | ₹6.61 | ₹19.18 |
| Nazara Technologies | ₹7.11 KCr | 25.67% | ₹591.50 | ₹1117 |
| Hathway Cable and Datacom | ₹3.23 KCr. | 12.20% | ₹14.82 | ₹27.95 |
| Nelco | ₹2.32 KCr | 38.38% | ₹642.55 | ₹1335 |
Cochin Shipyard Share Price Target: Export Opinion
Profitable Stocks
| Stocks | Mkt cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Adani ports | ₹3.11 LCr | 94.78% | ₹703.00 | ₹1,457.05 |
| Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
| Suzlon Energy | ₹90.75 KCr | 85.69% | ₹33.90 | ₹86.04 |
| Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Havells India | ₹1.20 LCr | 41.69% | ₹1232.85 | ₹1950.05 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
| Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Conclusion
Cochin Shipyard Limited presents a strong fundamental and financial profile with remarkable growth metrics, efficient cash flows and low debt levels. However, premium valuations, cyclical demand dependence and capital intensity pose potential risks. Investors should evaluate these risks and maintain their view. This could be an attractive option for long-term investors.
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
Also Read:
Then don’t say that I didn’t tell you, buy Waaree Energies shares right now.
Tata Gold Price Target, money printing machine for small investors.
Adani Power price target, share will increase 10 times.
Tata Steel price target, trust of more than 100 years old company.
SW Solar price target, guarantee boom in solar sector.
Tata Power share price target, guaranteed returns.
Yatra Online shares will make you rich, 100% guarantee.
Den Networks Share Price Target 2024, to 2050
Venus Pipes Share Price Target 2023 to 2050
Q1. What is the Cochin Shipyard share price target 2025?
Ans: 2025 price target of Cochin Shipyard will be between Rs.650 to Rs.1380.
Q2. What is the Cochin Shipyard share price target 2030?
Ans: Cochin Shipyard will trade between Rs 3100 and Rs4200 in 2030.
Q3. What is the Cochin Shipyard share price target 2024?
Ans: 2024 price target of Cochin Shipyard will be between Rs.650 to Rs.1380.
Q4. What is the Cochin Shipyard share price target 2040?
Ans: 2040 price target of Cochin Shipyard will be between Rs.5700 to Rs.6800.
Q5. What is the Cochin Shipyard share price target 2050?
Ans: 2050 price target of Cochin Shipyard will be between Rs.9200 to Rs.10400.