Cochin Shipyard's Q3 FY 2025-26 Quarterly Results
- 29 Jan 2026
Result Summary
- Cochin Shipyard Ltd reported a 14.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 19.0%.
- Its expenses for the quarter were up by 12.7% QoQ and 27.2% YoY.
- The net profit increased 34.5% QoQ and decreased 18.3% YoY.
- The earnings per share (EPS) of Cochin Shipyard Ltd stood at 5.5 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1421.55 | 1245.88 | 1194.42 | 14.1% | 19.0% |
Total Expenses | 1211.55 | 1075.42 | 952.56 | 12.7% | 27.2% |
Profit Before Tax | 196.78 | 149.91 | 241.86 | 31.3% | -18.6% |
Tax | 52.11 | 42.38 | 64.87 | 23.0% | -19.7% |
Profit After Tax | 144.67 | 107.53 | 176.99 | 34.5% | -18.3% |
Earnings Per Share | 5.50 | 4.09 | 6.73 | 34.5% | -18.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Cochin Shipyard Ltd is a prominent shipbuilding and maintenance facility located in India. It primarily engages in shipbuilding, ship repair, marine engineering training, and marine technology services. As a part of the maritime industry, Cochin Shipyard plays a significant role in the construction and maintenance of vessels such as bulk carriers, tankers, and passenger ships. The company has established a reputation for quality workmanship and timely delivery. Notably, Cochin Shipyard has been involved in several key projects, including the construction of indigenous aircraft carriers and other defense vessels for the Indian Navy. Recent major developments or specific strategic shifts in the company are not available from the provided data.
Revenue
In Q3FY26, Cochin Shipyard Ltd reported a total income of ₹1421.55 crores. This represents a quarter-over-quarter (QoQ) increase of 14.1% from the ₹1245.88 crores reported in Q2FY26. On a year-over-year (YoY) basis, the total income increased by 19.0% from ₹1194.42 crores in Q3FY25. This growth in revenue indicates an upward trend in the company's financial performance over both the quarterly and annual periods.
Profitability
The Profit Before Tax (PBT) for Q3FY26 stood at ₹196.78 crores, which marks a 31.3% increase QoQ from ₹149.91 crores in Q2FY26. However, when compared to the same quarter in the previous fiscal year (Q3FY25), the PBT decreased by 18.6% from ₹241.86 crores. The tax expense for the quarter was ₹52.11 crores, a 23.0% increase QoQ, but a 19.7% decrease YoY. Consequently, the Profit After Tax (PAT) for Q3FY26 was ₹144.67 crores, reflecting a 34.5% QoQ increase from ₹107.53 crores in Q2FY26, and a YoY decrease of 18.3% from ₹176.99 crores in Q3FY25. The Earnings Per Share (EPS) mirrored the PAT trend, increasing by 34.5% QoQ from ₹4.09 to ₹5.50, but decreasing by 18.3% YoY from ₹6.73.
Operating Metrics
Cochin Shipyard Ltd's total expenses for Q3FY26 were reported at ₹1211.55 crores, representing a 12.7% QoQ increase from ₹1075.42 crores in Q2FY26. Compared to the same quarter of the previous fiscal year (Q3FY25), total expenses increased by 27.2% from ₹952.56 crores. The company's expense growth rate, both QoQ and YoY, surpasses the revenue growth rate. This disparity between income and expense growth rates is noteworthy in the context of operational efficiency. The financial data provided does not include specific figures for calculating key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio, as these require additional data not included in the current dataset.