Established in: 1972
Managing Director: Madhu Sankunny Nair
Cochin Shipyard Limited is one of India’s prominent shipbuilding and ship-repairing companies. It plays an important role in the country's maritime and marine defence ecosystem. The company is based out of Kochi, Kerala, which also builds complex vessels for the Indian Navy, Coast Guard and global clients.
Cochin Shipyard Limited is a government-owned Miniratna company which comes under the Ministry of Ports. The company has established partnerships with specialist firms from regions such as the South East, Europe, USA for technology transfer and material packages.
The yard has also been chosen to construct India’s first indigenous Air Defence Ship. Also the shipyard plays a crucial role in training graduate engineers to become marine engineers.
History of Cochin Shipyard Limited
Cochin Shipyard Limited was established in 1972 as a part of India’s vision to build a strong shipbuilding industry. It was set up with technical collaboration from Mitsubishi Heavy Industries of Japan, the shipyard began its operations in Kochi due to its natural deep-water harbour.
Over the years, Cochin Shipyard evolved from building commercial vessels to handling complex defence projects, including aircraft carriers. A major milestone came with the construction of INS Vikrant, India’s first indigenously built aircraft carrier.
Today, Cochin Shipyard stands as a symbol of India’s growing maritime and defence capabilities.
Cochin Shipyard Business Segments
Cochin Shipyard’s core business segments are:
1. Shipbuilding: The company designs and manufactures a wide range of vessels, including defence ships, offshore support vessels and commercial ships serving both Indian and International clients.
2. Ship Repair and Maintenance: Cochin Shipyard is a major hub for ship repair, offering maintenance services for the naval coast guard and merchant vessels.
3. Defence Projects: This segments include building complex naval platforms like aircraft carriers, warships and patrol vessels for India’s defence industry.
4. Offshore and Specialised Vessels: The company also undertakes the construction of specialised vessels for offshore oil and gas operations and other marine infrastructure needs.
5. Marine Engineering Services: Beyond shipbuilding, the company provides engineering, fabrication and marine-related services, supporting a wide range of maritime projects.
Subsidiaries of Cochin Shipyard Limited
- Udupi Chochin Shipyard Limited
- Howrah Cochin Shipyard Limited
Cochin Shipyard ESG and Sustainability
The company’s CSR focus area includes health, nutrition, education, skill development, gender equity, women’s empowerment, environment and more.
Environmental sustainability through improved shipbuilding and repair processes.
The long-term goal involves including CSR and ESG in core operations while aligning with national development.
Cochin Shipyard Financial Performance (FY25 vs FY24)
Revenue: Cochin Shipyard reported a consolidated revenue of ₹5,209.03 crore in FY25 vs ₹4,140.63 crore in FY24. It showed an increase of 25.80% on a yearly basis, reflecting robust growth.
Operating Profit: The company reported an operating profit of ₹1,125.17 crore in FY25 vs ₹1,070.94 crore in FY24. It showed an increase of 5.06% on a year-on-year basis, indicating that the company's operating profit is growing well.
Net Profit: Cochin Shipyard reported a net profit of ₹827.33 crore in FY25 compared to ₹782.28 crore in FY24. It showed an increase of 5.62% on a yearly basis, indicating an improvement in overall performance.
Cochin Shipyard Financial Highlights
- Revenue: Cochin Shipyard reported revenue of ₹5,431.69 crore in FY26 vs ₹5,209.03 crore in FY25. It showed an increase of 4.27% on a yearly basis.
- Operating Profit: Cochin Shipyard reported an operating profit of ₹999.03 crore in FY26 vs ₹1,125.17 crore in FY25. It showed a decrease of 11.21% on a year-on-year basis.
- Net Profit: Cochin Shipyard reported a net profit of ₹716.74 crore in FY26 vs ₹827.33 crore in FY25. It showed a decrease of 13.37% on a yearly basis.
Cochin Shipyard Quarterly Result Highlights
- Cochin Shipyard reported revenue of ₹1,641.34 crore in Mar 2026, compared with ₹1,421.55 crore in Dec 2025, representing an increase of 15.46% on a quarter-on-quarter (QoQ) basis.
- Cochin Shipyard reported an operating profit of ₹402.58 crore in Mar 2026, compared with ₹196.78 crore in Dec 2025, representing an increase of 104.58% on a quarter-on-quarter (QoQ) basis.
- Cochin Shipyard reported a profit of ₹276.48 crore in Mar 2026, compared with ₹144.67 crore in Dec 2025, reflecting an increase of 91.11% on a QoQ basis.
- The earnings per share (EPS) of Cochin Shipyard stood at ₹31.45 during Mar 2026.
