Cochin Shipyard shares in focus ahead of Q4 results; Here's what to expect from Q4FY25 earnings

India’s leading shipping company, Cochin Shipyard, is scheduled to announce its Q4FY25 earnings on May 15, Thursday. The shares traded over 7% higher on the NSE at ₹1,699 apiece. Along with the results, the company is also expected to announce a dividend for the FY25. In one of the latest developments, Cochin Shipyard signed a collaboration with Drydocks World.

The company said, Cochin Shipyard Limited (CSL), a Public Sector Enterprise under The Ministry of Ports, Shipping and Waterways, Government of India, and Drydocks World, a DP World company are strengthening their collaboration to boost India’s ship repair and offshore fabrication capabilities.

The partnership is set to play a pivotal role in developing a world-class ship repair ecosystem to serve both domestic and international fleets. It will also bolster India’s offshore fabrication capabilities and support marine engineering training and skilling initiatives.

Here’s what to expect from Cochin Shipyard Q4Y25 results

The quarterly revenue is expected to show moderate growth due to slow order wins and lower executions. However, the operational efficiency is expected to be strong. Going forward, the order book growth is expected to remain strong due robust order pipeline by the government on warships.

Dividend announcement

Cochin Shipyard has three interim dividends in FY25 totalling ₹9.75 per share. The board will also consider a dividend announcement on Thursday along with its Q4FY25 results

Q3FY25 results

The Q3FY25 revenue for the quarter grew by 8.6% to ₹1,147 crore as against ₹1,056 crore in the previous year's similar quarter. The operating profit for the quarter declined 23% YoY to ₹237 crore as compared to ₹310 crore in the previous year's similar quarter. Similarly, the net profit for the quarter also declined by 27% YoY to ₹176 crore.

The company’s share price performance has remained muted for the past few quarters after it fell more than 50% from its record high levels. The shares were in focus on Wednesday after the government announced a 34x increase in defence exports and its potential.

Cochin Shipyard Limited (CSL) is one of the leading shipyards in India, located in the southern state of Kerala. The company was founded in 1972 and is owned by the Government of India. The Company is primarily engaged in shipbuilding and ship repair, catering to both the domestic and international markets. The company is a “Miniratna”, Schedule - “B”, Category-I CPSE, which is also a public limited company incorporated and domiciled in India.