Cochin Shipyard Limited reported a consolidated profit of Rs. 27,648.44 lakhs for the quarter ended March 31, 2026. For the full financial year 2025-26, the company posted a consolidated profit of Rs. 71,673.95 lakhs. The Board of Directors has recommended a final dividend of Rs. 1.50 per equity share with a face value of Rs. 5 each, subject to approval at the upcoming Annual General Meeting.
Financial Highlights for FY2026
Cochin Shipyard Limited has released its audited financial results for the quarter and year ended March 31, 2026. On a consolidated basis, the company achieved a total income of Rs. 543,169.37 lakhs for the financial year. The company’s profit before tax for the same period stood at Rs. 99,903.42 lakhs, reflecting the overall operational performance amidst ongoing shipbuilding and repair projects.
Segmental Performance
The company continues to derive significant revenue from its core segments. The Ship building segment generated Rs. 336,556.50 lakhs in revenue for the year, while the Ship Repair segment contributed Rs. 165,630.45 lakhs. Despite challenges in the shipbuilding contracts for the Andaman & Nicobar Administration, the company remains focused on project execution and discussions with relevant authorities to repurpose the vessels under construction.
Dividend and Capital Expenditure
Reflecting its commitment to shareholder value, the Board has recommended a final dividend of Rs. 1.50 per share. Additionally, the company is continuing its capital expansion, having capitalized Rs. 18,060.36 lakhs on the ‘International Ship Repair Facility’ and Rs. 4,462.18 lakhs on the ‘New Dry Dock’ project during the financial year. These investments are aimed at enhancing the shipyard’s capacity and operational capabilities for future growth.
Operational Updates
The company noted progress in its R&D initiatives, particularly regarding the Hydrogen Fuel Cell Technology vessel, which has been completed, and the Autonomous Surface Vessel (ASV), which remains under construction. Management continues to actively monitor these projects and their classification to ensure accurate reporting as they move toward commercialization or completion.
Source: BSE
