Cochin Shipyard COCHINSHIP
Naval Shipbuilding & Defence Shipyards: Largest public shipyard - built India's indigenous aircraft carrier (IAC Vikrant), ASW corvettes
Mapped in 2 themes: Naval Shipbuilding & Defence Shipyards and Defence Procurement (DAC approvals).
Where Cochin Shipyard sits in the supply chain
Cochin Shipyard appears in 2 supply-chain layers across 2 themes: Naval Shipbuilding & Defence Shipyards and Defence Procurement (DAC approvals).
Naval Shipbuilding & Defence Shipyards › Warship & Submarine Construction (Shipyards)
Direct supplierLargest public shipyard - built India's indigenous aircraft carrier (IAC Vikrant), ASW corvettes
Other companies in this layer
Defence Procurement (DAC approvals) › Warships & submarines
OperatorBuilt INS Vikrant; builds anti-submarine craft and runs India's largest ship-repair business
Other companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 3,830 | 4,820 | 5,022 |
| Net profit | 783 | 827 | 717 |
Latest-year revenue ₹5,022 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths · in Naval Shipbuilding & Defence Shipyards
- Only Indian yard to have delivered a domestically-built aircraft carrier, a capability and credibility base competitors cannot quickly replicate
- Ship-repair revenue provides a steadier, recurring counterweight to the lumpy new-build carrier/destroyer order cycle
Risks · in Naval Shipbuilding & Defence Shipyards
- Order lumpiness - large carrier/destroyer programmes are awarded infrequently
- Diversified into ship-repair revenue, which carries different margin and cycle dynamics than new-build
Common questions
What does Cochin Shipyard do?
In Naval Shipbuilding & Defence Shipyards: Largest public shipyard - built India's indigenous aircraft carrier (IAC Vikrant), ASW corvettes. NextResearch maps it in 2 supply chains: Naval Shipbuilding & Defence Shipyards and Defence Procurement (DAC approvals).
Where does Cochin Shipyard sit in the supply chain?
Cochin Shipyard (NSE: COCHINSHIP) is mapped in 2 supply-chain layers: Warship & Submarine Construction (Shipyards) (Naval Shipbuilding & Defence Shipyards) and Warships & submarines (Defence Procurement (DAC approvals)).
Who are Cochin Shipyard's peers?
In the Warship & Submarine Construction (Shipyards) layer of Naval Shipbuilding & Defence Shipyards: Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers, Larsen & Toubro, Titagarh Rail Systems, Hindustan Shipyard Ltd (not NSE-listed) and Goa Shipyard Ltd (not NSE-listed).
What is Cochin Shipyard's market cap and valuation?
As of 30 Oct 2026: market cap ₹29,333 Cr, P/E 43.1x, ROCE 16.2%, ROE 12.5%, dividend yield 0.81%.