Cochin Shipyard stock jumps 12.5%, Mazagon Dock soars 6.5%, lead Nifty Midcap gains in today’s session
Cochin Shipyard Stock Jumps Nearly 7% Amid Strong Financials and Bullish Sentiment
May 14, 2025
Cochin Shipyard Ltd saw its stock price surge by 6.89% in today’s trading session, hitting ₹1,685.60, backed by high trading volumes. This sharp rise reflects growing investor interest and a positive market sentiment, with Moneycontrol analysis indicating a bullish outlook for the stock.
The stock’s strong momentum highlights renewed confidence in the company’s long-term prospects. Cochin Shipyard is part of the NIFTY MIDCAP 150 index, underlining its relevance in India’s mid-cap space.
Financial Performance Snapshot
Quarterly Highlights:
Q3 FY25 (Dec 2024): Revenue of ₹1,147.64 crore, Net Profit ₹176.99 crore, EPS ₹6.73
Q2 FY25 (Sep 2024): Revenue of ₹1,143.20 crore, Net Profit ₹188.92 crore, EPS ₹7.18
Q1 FY25 (Jun 2024): Revenue of ₹771.47 crore, Net Profit ₹174.24 crore, EPS ₹6.62
Annual Performance:
FY24 (Mar 2024): Revenue ₹3,830.45 crore, Net Profit ₹783.28 crore, EPS ₹29.77
FY23 (Mar 2023): Revenue ₹2,364.55 crore, Net Profit ₹304.71 crore, EPS ₹23.16
Since 2020, Cochin Shipyard’s revenue has steadily grown from ₹3,422.49 crore to ₹3,830.45 crore. Net profit also rose from ₹632.01 crore in 2020 to ₹783.28 crore in 2024, reflecting consistent financial growth.
Balance Sheet Overview
Cochin Shipyard maintains a robust balance sheet:
Share Capital: Stable at ₹131 crore (2020–2024)
Reserves & Surplus: Rose from ₹3,591 crore (2020) to ₹4,871 crore (2024)
Total Assets: Doubled from ₹6,406 crore (2020) to ₹12,042 crore (2024)
Key Financial Ratios
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Basic EPS (₹) | 48.05 | 46.27 | 42.87 | 23.16 | 29.77 |
| Return on Equity (%) | 16.97 | 15.09 | 12.83 | 6.88 | 15.65 |
| Debt-to-Equity (x) | 0.03 | 0.03 | 0.03 | 0.03 | 0.00 |
The company became debt-free as of March 2024, with a debt-to-equity ratio of 0.00, and a Return on Equity (ROE) of 15.65%, showcasing its financial discipline and profitability.
Outlook
Cochin Shipyard’s strong quarterly earnings, improved annual results, and zero-debt status are boosting investor confidence. With robust fundamentals and healthy margins, the company is well-positioned for continued growth.
The bullish stock performance seen today mirrors market optimism and the company’s solid standing in the Indian mid-cap segment.