Cochin Shipyard Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of ₹27,648.44 lakhs for the final quarter. The Board of Directors has recommended a final dividend of ₹1.50 per equity share for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting.
Financial Performance Overview
For the financial year ended March 31, 2026, Cochin Shipyard Limited reported a total consolidated income of ₹5,43,169.37 lakhs, compared to ₹5,20,902.38 lakhs in the previous year. The consolidated net profit for the year stood at ₹71,673.95 lakhs. On a standalone basis, the company achieved a total income of ₹4,71,226.27 lakhs for the year, with a net profit of ₹64,304.34 lakhs.
Dividend Recommendation
The Board of Directors has recommended a final dividend of ₹1.50 per equity share, having a face value of ₹5 each, for the financial year 2025-26. This recommendation is subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the company. Once declared, the dividend is expected to be paid within 30 days.
Strategic Projects and Developments
The company continues to advance key infrastructure projects, including the International Ship Repair Facility and the New Dry Dock, with capital expenditures of ₹18,060.36 lakhs and ₹4,462.18 lakhs, respectively, during the financial year. Additionally, the company is actively negotiating the reallocation of two 1200-passenger vessels previously intended for the Andaman & Nicobar Administration, aiming to adapt them for other administrative requirements.
Segment Performance
The company operates across primary segments including Shipbuilding and Ship Repair. For the quarter ended March 31, 2026, the Shipbuilding segment contributed ₹1,15,449.27 lakhs in revenue, while the Ship Repair segment generated ₹32,978.51 lakhs. The company maintains a strong credit rating of AAA, reflecting its robust financial stability and operational efficiency.
Source: BSE