Cochin Shipyard Share Price Target 2025, 2026, 2027 to 2030: We’ll analyze Cochin Shipyard’s share targets for 2025, 2026, 2027, and 2030. As a prominent player in India’s shipbuilding and maritime services sector, Cochin Shipyard is well-positioned for growth with rising demand in the defense and commercial shipping industries. The company’s robust order book, strategic partnerships, and government initiatives aimed at boosting the maritime sector provide a strong foundation for long-term success.
Overview of Cochin Shipyard Ltd
What is Cochin Shipyard Ltd?
Cochin Shipyard Ltd is the largest shipbuilding and maintenance facility in India, located in the port-city of Kochi, Kerala. Established in 1972, the company specializes in constructing a range of maritime vessels, including platform supply vessels and double-hulled oil tankers. As a key player in India’s maritime industry, Cochin Shipyard is integral to the country’s defense, shipping, and offshore energy sectors. The company also engages in ship repairs and maintenance services, contributing to both commercial and military maritime needs. With its extensive experience and state-of-the-art facilities, Cochin Shipyard is poised for continued growth in the evolving global maritime industry.
Key Features of Cochin Shipyard Ltd:
- Business Model: A leading Indian shipbuilding and maintenance company focused on constructing a wide range of maritime vessels and offering repair and maintenance services.
- Core Offerings: Shipbuilding, ship repairs and maintenance, platform supply vessels, double-hulled oil tankers.
- Market Position: The largest shipbuilding and maintenance facility in India, with a strong presence in both the commercial and defense sectors.
- Revenue and Scale: Generated INR 2,536.94 crores (US$320 million) in revenue in 2023, showcasing its significant role in India’s maritime industry.
- Subsidiaries and Reach: Includes Hooghly Cochin Shipyard Limited and Tebma Shipyard Limited, enhancing its capabilities and market reach.
Information about Cochin Shipyard Ltd:
| Information | Details |
|---|---|
| Website | cochinshipyard.com |
| Founder | Government of India |
| CEO | (Not provided) |
| CFO | (Not provided) |
| Founded | 29 April 1972 |
| Headquarters | Kochi, Kerala, India |
| Number of Employees | 2,133 (2024) |
| Parent Organizations | Government of India |
| Revenue | INR 2,536.94 crores (US$320 million, 2023) |
| Subsidiaries | Hooghly Cochin Shipyard Limited, Tebma Shipyard Limited |
| Key Focus Areas | Shipbuilding, ship repairs, platform supply vessels, oil tankers |
| Share Price | ₹1,312 (-0.38%) as of 14 Nov (Close Price) |
| BSE Symbol | 540678 |
| NSE Symbol | COCHINSHIP |
Current Market Position of Cochin Shipyard Share
As of November 2024, Cochin Shipyard Ltd’s share has shown a mixed performance. It is down by -0.38% today and has decreased by -9.36% over the past week. Over the past month, the share has fallen by -21.5%. In the past three months, it has declined by -40.76%. However, over the past year, the share has increased by +139.0%. Over the past three years, the share has surged by +604.93%, and over the past five years, it has grown by +550.27%.
Cochin Shipyard Share Fundamental Data
- Market Cap: ₹34,527 Cr.
- Current Price: ₹1,312
- High / Low: ₹2,979 / ₹533
- Stock P/E: 38.9
- Book Value: ₹202
- Dividend Yield: 0.74%
- ROCE: 21.6%
- ROE: 17.2%
- Face Value: ₹5.00
Market Position of Cochin Shipyard Share as of November 2024
| Time Period | Returns of Cochin Shipyard Share |
|---|---|
| 1 Day | -0.38% |
| 1 Week | -9.36% |
| 1 Month | -21.5% |
| 3 Months | -40.76% |
| 1 Year | 139.0% |
| 3 Years | 604.93% |
| 5 Years | 550.27% |
Cochin Shipyard Share Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
Cochin Shipyard Share Price Target in 2024
The share price target for Cochin Shipyard in 2024 is expected to range between ₹1,400 and ₹1,450, driven by its strong position in the Indian shipbuilding and defense sectors, along with growing demand for offshore vessels and commercial ships.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹1,400 | ₹1,450 |
Cochin Shipyard Share Price Target in 2025
In 2025, the share price target for Cochin Shipyard is projected to rise to ₹1,600 – ₹1,700, as the company capitalizes on an expanding order book, defense contracts, and increasing global demand for advanced shipbuilding.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹1,600 | ₹1,700 |
Cochin Shipyard Share Price Target in 2026
For 2026, the share price target for Cochin Shipyard is expected to reach ₹1,850 – ₹2,000, with the company expected to see continued growth in its defense-related projects and offshore vessel manufacturing.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹1,850 | ₹2,000 |
Cochin Shipyard Share Price Target in 2027
By 2027, the share price target for Cochin Shipyard is projected to range between ₹2,100 and ₹2,300, driven by the expansion of its maritime services and increasing investment in cutting-edge shipbuilding technology.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹2,100 | ₹2,300 |
Cochin Shipyard Share Price Target in 2028
In 2028, Cochin Shipyard’s share price target is expected to reach ₹2,500 – ₹2,600, reflecting strong growth from its diversified services in both commercial and defense shipbuilding.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹2,500 | ₹2,600 |
Cochin Shipyard Share Price Target in 2029
Cochin Shipyard’s share price target for 2029 is estimated to range between ₹2,800 and ₹3,000, supported by increasing infrastructure projects and continued demand in both defense and commercial sectors.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹2,800 | ₹3,000 |
Cochin Shipyard Share Price Target in 2030
For 2030, the share price target for Cochin Shipyard is projected at ₹3,200 – ₹3,500, reflecting its long-term potential in the global shipbuilding industry and its expanded capabilities in building high-value ships and vessels.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹3,200 | ₹3,500 |
Financial Health and Performance Analysis of Cochin Shipyard Limited (FY 2020 – FY 2024)
FY 2024
| Metric | FY 2024 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹4,140.64 Cr | +61.02% |
| Total Expenses | ₹3,069.70 Cr | +38.59% |
| Profit after Tax (PAT) | ₹783.28 Cr | +157.06% |
| Operating Profit Margin | 28.82% | – |
| Net Profit Margin | 20.44% | – |
| Basic EPS (₹) | ₹29.77 | +28.56% |
FY 2023
| Metric | FY 2023 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹2,571.57 Cr | -25.54% |
| Total Expenses | ₹2,214.94 Cr | -17.51% |
| Profit after Tax (PAT) | ₹304.71 Cr | -45.97% |
| Operating Profit Margin | 16.56% | – |
| Net Profit Margin | 12.88% | – |
| Basic EPS (₹) | ₹23.16 | -10.35% |
FY 2022
| Metric | FY 2022 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹3,453.76 Cr | +14.75% |
| Total Expenses | ₹2,685.07 Cr | +21.26% |
| Profit after Tax (PAT) | ₹563.96 Cr | -7.34% |
| Operating Profit Margin | 25.56% | – |
| Net Profit Margin | 17.67% | – |
| Basic EPS (₹) | ₹42.87 | -8.39% |
FY 2021
| Metric | FY 2021 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹3,009.72 Cr | -17.94% |
| Total Expenses | ₹2,214.23 Cr | -21.20% |
| Profit after Tax (PAT) | ₹608.66 Cr | -3.69% |
| Operating Profit Margin | 30.03% | – |
| Net Profit Margin | 21.59% | – |
| Basic EPS (₹) | ₹46.27 | -8.62% |
FY 2020
| Metric | FY 2020 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹3,667.58 Cr | +15.01% |
| Total Expenses | ₹2,809.86 Cr | +15.09% |
| Profit after Tax (PAT) | ₹632.01 Cr | +32.18% |
| Operating Profit Margin | 26.37% | – |
| Net Profit Margin | 18.46% | – |
| Basic EPS (₹) | ₹48.05 | – |
Analysis Summary:
- Revenue Performance: Cochin Shipyard’s total revenue surged by 61.02% in FY 2024, recovering from a significant decline of 25.54% in FY 2023. This sharp recovery highlights the company’s ability to bounce back from challenging market conditions.
- Expense Management: Total expenses increased by 38.59% in FY 2024, following a decline in FY 2023 (-17.51%). The growth in expenses indicates rising costs, which could be linked to higher production and operational activities in FY 2024.
- Profitability: Profit after Tax (PAT) showed a remarkable increase of 157.06% in FY 2024, marking a significant recovery from a -45.97% decline in FY 2023. The sharp increase in PAT reflects improved operational efficiency and strong revenue growth.
- Margins: Cochin Shipyard maintained robust profit margins in FY 2024, with an operating margin of 28.82% and a net profit margin of 20.44%. These figures are impressive, particularly compared to FY 2023, where margins were lower.
- Earnings Per Share (EPS): The basic EPS for FY 2024 was ₹29.77, up by 28.56% from FY 2023. This increase reflects the company’s strong profit performance and effective cost management.
How to Buy Cochin Shipyard Limited Shares:
- Choose a Broker: Select a trusted brokerage platform that offers Cochin Shipyard shares.
- Open a Trading Account: Set up a trading and Demat account with your chosen broker.
- Complete KYC: Submit the required documents for identity verification.
- Deposit Funds: Fund your account with the desired investment amount.
- Search for Cochin Shipyard Shares: Look for Cochin Shipyard shares on the broker’s platform.
- Place an Order: Enter the number of shares you wish to buy and select the order type (market or limit).
- Confirm Purchase: Review and confirm your order details before making the purchase.
- Monitor Investment: Track your investment and make adjustments to your portfolio as needed.
GAIL Share Price Target for the Next 5 Years
GAIL continues to maintain a robust presence in the energy sector, focusing on renewable energy and expanding its telecom operations. The company’s diverse business activities, which include natural gas transmission, distribution, and clean energy projects, provide a solid foundation for long-term growth. The share price target for GAIL is anticipated to exhibit a steady upward trajectory over the next five years.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹200 | ₹210 |
| 2025 | ₹220 | ₹235 |
| 2026 | ₹240 | ₹260 |
| 2027 | ₹265 | ₹290 |
| 2028 | ₹290 | ₹320 |
Shareholding Pattern of Cochin Shipyard
- Promoters:
- No. of Shares: 19,16,86,928
- Percentage: 72.86%
- % Change QoQ: 0.00%
- Pledge:
- No. of Shares: 0
- Percentage: 0.00%
- % Change QoQ: 0.00%
- FII:
- No. of Shares: 1,00,92,888
- Percentage: 3.84%
- % Change QoQ: -1.09%
- DII:
- No. of Shares: 78,92,743
- Percentage: 3.00%
- % Change QoQ: +0.50%
- MF:
- No. of Shares: 69,12,165
- Percentage: 2.63%
- % Change QoQ: +0.42%
- Others:
- No. of Shares: 5,34,08,221
- Percentage: 20.29%
- % Change QoQ: +0.57%
Pros and Cons of Cochin Shipyard
Pros:
- Strong Promoter Stake: With over 70% of shares held by promoters, Cochin Shipyard benefits from stability and long-term strategic direction.
- Government Support: As a key player in the Indian defense and shipbuilding sectors, Cochin Shipyard is backed by strong government policies and defense contracts.
- Growing Market Presence: Cochin Shipyard’s expertise in shipbuilding and offshore vessel manufacturing positions it well for continued market expansion.
Cons:
- Low FII Holdings: The relatively low FII holdings could limit the company’s global investment appeal.
- Liquidity Risk: The high promoter stake may limit liquidity, potentially making it harder for investors to buy or sell shares in large volumes.
- Dependence on Government Contracts: A large portion of the company’s revenue comes from defense and government contracts, which can be subject to policy changes and budget allocations.
Peer Competitors of Cochin Shipyard in the Aerospace & Defence Industry
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| Cochin Shipyard | 1,312.40 | 34,526.72 |
| Garden Reach Shipbuilders & Engineers | 1,406.40 | 16,110.59 |
| Zen Technologies | 1,766.95 | 15,953.85 |
| Taneja Aerospace | 404.55 | 1,031.62 |
Frequently Asked Questions
1. What is the primary business of Cochin Shipyard?
- Cochin Shipyard is primarily engaged in shipbuilding, repairing ships, and building offshore vessels. It caters to both the commercial and defense sectors.
2. What are the key financial metrics of Cochin Shipyard?
- As of the latest data, Cochin Shipyard’s share price is ₹1,312.40 with a market capitalization of ₹34,526.72 crore. The company has a P/E ratio of 38.94 and offers a dividend yield of 0.74%.
3. How does Cochin Shipyard compare to its competitors?
- Cochin Shipyard’s competitors in the aerospace and defense industry, such as Garden Reach Shipbuilders, Zen Technologies, and Taneja Aerospace, have varying market capitalizations and share prices. Cochin Shipyard has a relatively higher market cap compared to competitors like Taneja Aerospace.
4. What sectors does Cochin Shipyard serve?
- Cochin Shipyard serves the aerospace and defense sectors, focusing on the building and repair of ships and offshore platforms, along with providing various maritime solutions.
5. What is Cochin Shipyard’s growth outlook?
- Cochin Shipyard is expected to benefit from increasing defense contracts, global demand for commercial ships, and its expanding offshore services, leading to steady growth over the next few years.
6. Where is Cochin Shipyard located?
- Cochin Shipyard is headquartered in Kochi, Kerala, India.
7. How can I invest in Cochin Shipyard?
- Cochin Shipyard’s shares can be purchased through the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE) using a demat account and trading platform.
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