Cochin Shipyard Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Cochin Shipyard Limited (CSL) has remained a major player in the development, repair, and renovation of vessels, with occasional redesigns aimed at increasing boats’ lifespan. For reputable clients, the reputable company has built and fixed some of the largest ships in the world. It has sent 45 vessels to clients all around the world other than the nation where they were assembled. Beginning with sea fishing vessels and working its direction down to more modest boats, it has extended its aptitude.

Cochin Shipyard Share Price Target 2024-2030

CSL, a government-owned shipbuilding company, builds and improves India’s largest boats. It fixes different ships and adjusts oil investigation vessels as per the organization, including establishment for restoration, in addition to other things. The Navy Shipyard and UTL Coast Guard Fisheries port trust merchant SCI ONGC are taken out of service for a variety of reasons because the company also manages ships.

Cochin Shipyard Share Price Target Today Update

CSL does the company’s repairs and modifications to oil exploration vessels, including installation for refurbishment, among other things. The Navy Shipyard and UTL Coast Guard Fisheries port trust merchant SCI ONGC are taken out of service for a variety of reasons because the company also manages ships.

What Is Cochin Shipyard Limited?

India’s Cochin Shipyard Limited (CSL) is a central government-owned shipbuilding and security office. One of the most important shipbuilding and maintenance yards in India is CSL. It was established in 1972 and provides Coast Guard, Indian Navy, and a number of business organizations with services.

Read More:-

ZEEL Share Price Target

L&T Finance Share Price Target

Cochin Shipyard Business Profile

Cochin Shipyard is locked in with making ships for different purposes: monitor, business, distant sea as well as fixing them and getting ready capable mariners. Upwards of 21 enormous boats, 35 maritime helper boats, 93 little ships, and 31 warships have been fabricated and transported by the organization.

• Green Vessels: Green-powered boats are being developed by the company. For instance, it is finishing up the construction of its first zero-emissions hydrogen fuel cell-powered boat, which will be ready for use in February 2024. Additionally, it is building an electric catamaran, which should be finished by November 24.
• Capacity: The shipyard in Kochi, Kerala, known as CSL, builds and repairs vessels with capacities of up to 110,000 tonnes. Likewise, there are transport fix workplaces in Udupi, Mumbai, Kolkata and NICOBAR Island, Andaman and Howrah past this.
• Order Book: In the second from last quarter of FY24, the organization had request books adding up to 21500 crore, of which 52% were for green vessels. The request book is separated as shown below.

The Destiny Growth of Cochin Shipyard

Cochin Shipyard’s arrangements to extend its shipbuilding and security capacities along with examine seaward assembling choices demonstrate areas of strength for a development ability. Cochin Shipyard is a critical player in the shipbuilding and upkeep industry with strong monetary standing and promising future possibilities. Cochin Shipyard stocks are expected to perform well before long, as indicated by our expert investigation. Placing assets into Cochin Shipyard is possible a sensible stream into for expanded term traders.

Cochin Shipyard Fundamentals & Quarterly Results

Market Cap	₹ 71,521 Cr.
Current Price	₹ 2,719
High / Low	₹ 2,979 / 316
Stock P/E	88.0
Book Value	₹ 191
Dividend Yield	0.30 %
ROCE	21.4 %
ROE	17.2 %
Face Value	₹ 5.00
Debt to equity	0.10
Debt Capacity	0.09
Debt preceding year	₹ 567 Cr.
Debt	₹ 489 Cr.
Reserves	₹ 4,894 Cr.
EPS	₹ 30.9
EPS last year	₹ 30.9
Pledged percentage	0.00 %
FCF Prev Ann	₹ 1,730 Cr.
EVEBITDA	57.7
Industry PE	91.0
PEG Ratio	7.81
Piotroski score	6.00
Earnings yield	1.68 %
Sales growth 5 Years	4.21 %

Cochin Shipyard Quarterly Results

Period	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales +	1,211	440	683	631	577	444	954	1,021	1,225
Expenses +	912	406	543	477	643	362	759	710	939
Operating Profit	299	34	139	154	-66	82	195	311	286
OPM %	25%	8%	20%	24%	-11%	18%	20%	30%	23%
Other Income +	113	57	61	23	131	84	88	56	79
Interest	12	12	12	12	-2	8	9	8	6
Depreciation	14	14	15	14	9	13	15	15	14
Profit before tax	386	65	174	151	58	145	258	345	345
Tax %	26%	25%	31%	21%	19%	25%	26%	28%	23%
Net Profit +	284	49	120	118	47	109	191	248	265
EPS in Rs	10.80	1.86	4.55	4.50	1.80	4.16	7.26	9.43	10.06

CAGR Report

	10 Years	5 Years	3 Years	1 Year / TTM
Compounded Sales Growth	7%	4%	9%	56%
Compounded Profit Growth	11%	11%	10%	182%
Stock Price CAGR	–	72%	143%	685%
Return on Equity	14%	14%	13%	17%

Read More:-

Apollo Tyres Share Price Target

Jyoti CNC Share Price Target

Cochin Shipyard Shareholding Pattern

Period	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Jun 2024
Promoters +	75.21%	72.86%	72.86%	72.86%	72.86%	72.86%	72.86%
FIIs +	2.99%	2.07%	2.17%	2.73%	6.28%	5.23%	4.94%
DIIs +	9.77%	13.07%	7.36%	4.29%	3.78%	2.45%	2.50%
Public +	12.03%	12.00%	17.60%	20.12%	17.07%	19.47%	19.71%
No. of Shareholders	1,68,507	1,54,780	1,68,284	1,71,090	1,69,264	3,96,327	6,34,075

Cochin Shipyard Share Price Target 2024-2030 Forecast

Year	Initial Target	Mid-Year Target	Year-End Target
2024	₹3005.8	₹3930.49	₹4485.3
2025	₹4575	₹4300	₹5134
2026	₹5237	₹4923	₹5877
2027	₹5995	₹5634	₹6725
2028	₹6860	₹6447	₹7696
2029	₹7850	₹7378	₹8807
2030	₹8983	₹8443	₹10079

Cochin Shipyard Share Price Target 2025

Month	Target
January	₹4575
February	₹4667
March	₹4760
April	₹4601
May	₹4448
June	₹4300
July	₹4472
August	₹4651
September	₹4837
October	₹4934
November	₹5033
December	₹5134

Cochin Shipyard Share Price Target 2026

Month	Target
January	₹5237
February	₹5342
March	₹5449
April	₹5268
May	₹5093
June	₹4923
July	₹5120
August	₹5325
September	₹5538
October	₹5649
November	₹5762
December	₹5877

Cochin Shipyard Share Price Target 2027

Month	Target
January	₹5995
February	₹6115
March	₹6237
April	₹6029
May	₹5828
June	₹5634
July	₹5859
August	₹6093
September	₹6337
October	₹6464
November	₹6593
December	₹6725

Cochin Shipyard Share Price Target 2028

Month	Target
January	₹6860
February	₹6997
March	₹7137
April	₹6899
May	₹6669
June	₹6447
July	₹6705
August	₹6973
September	₹7252
October	₹7397
November	₹7545
December	₹7696

Read More:-

Ambuja Cement Share Price Target

Indian Overseas Bank Share Price Target

Cochin Shipyard Share Price Target 2029

Month	Target
January	₹7850
February	₹8007
March	₹8167
April	₹7895
May	₹7632
June	₹7378
July	₹7673
August	₹7980
September	₹8299
October	₹8465
November	₹8634
December	₹8807

Cochin Shipyard Share Price Target 2030

Month	Target
January	₹8983
February	₹9163
March	₹9346
April	₹9035
May	₹8734
June	₹8443
July	₹8781
August	₹9132
September	₹9497
October	₹9687
November	₹9881
December	₹10079

Points Before in Cochin Shipyard Ltd:-

• Before making an investment, it is essential to note and verify the dividend policies and tax implications of the company.
• These are subject to change each quarter or at the end of each financial year, so it is important to check and note the organization’s risk factors before investing. Ignoring these minor factors can cost more in the long run.
• Examine a sum with your monetary guide prior to effective money management; try not to take out credits for speculation purposes; pick a fitting sum in view of your abilities.

Final Words

The Cochin Shipyard Ltd. is a company that has been listed on stock exchanges. The company’s offer costs are very high, which indicates that people are more interested in these offers. The company’s shares are usually seen growing. There are a lot of times when the offer costs are very low. If the company sees any decrease or bad luck, it is eventually covered by the company’s display and the benefits that can be obtained. Profits and dividends are correlated, resulting in adequate profits for the company and favorable dividend distributions.