Cochin Shipyard Limited
Cochin Shipyard Limited, together with its subsidiaries, engages in the building and repair of ships and offshore structures in India and internationally. It operates through two segments, Shipbuilding and Ship Repair. The company offers shipbuilding products, including aircraft carriers, missile vessels, anti-submarine warfare shallow water crafts, technology demonstration vessels, floating bord… Read more
Cochin Shipyard Limited (COCHINSHIP) - Net Assets
Latest net assets as of September 2025: ₹56.97 Billion INR
Based on the latest financial reports, Cochin Shipyard Limited (COCHINSHIP) has net assets worth ₹56.97 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹142.53 Billion) and total liabilities (₹85.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹56.97 Billion |
| % of Total Assets | 39.97% |
| Annual Growth Rate | 13.99% |
| 5-Year Change | 38.32% |
| 10-Year Change | 224.28% |
| Growth Volatility | 14.56 |
Cochin Shipyard Limited - Net Assets Trend (2012–2025)
This chart illustrates how Cochin Shipyard Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cochin Shipyard Limited (2012–2025)
The table below shows the annual net assets of Cochin Shipyard Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹55.79 Billion | +11.51% |
| 2024-03-31 | ₹50.03 Billion | +13.00% |
| 2023-03-31 | ₹44.28 Billion | +0.78% |
| 2022-03-31 | ₹43.93 Billion | +8.92% |
| 2021-03-31 | ₹40.33 Billion | +8.34% |
| 2020-03-31 | ₹37.23 Billion | +11.67% |
| 2019-03-31 | ₹33.34 Billion | +2.23% |
| 2018-03-31 | ₹32.61 Billion | +60.56% |
| 2017-03-31 | ₹20.31 Billion | +18.05% |
| 2016-03-31 | ₹17.21 Billion | +10.07% |
| 2015-03-31 | ₹15.63 Billion | +4.90% |
| 2014-03-31 | ₹14.90 Billion | +21.75% |
| 2013-03-31 | ₹12.24 Billion | +20.30% |
| 2012-03-31 | ₹10.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cochin Shipyard Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 468.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹42.59 Billion | 76.33% |
| Common Stock | ₹1.32 Billion | 2.36% |
| Other Comprehensive Income | ₹2.57 Billion | 4.61% |
| Other Components | ₹9.32 Billion | 16.70% |
| Total Equity | ₹55.79 Billion | 100.00% |
Cochin Shipyard Limited Competitors by Market Cap
The table below lists competitors of Cochin Shipyard Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Linglong Tyre Co Ltd
SHG:601966
|
$1.32 Billion |
|
Jenoptik AG
F:JEN
|
$1.32 Billion |
|
ADIENT PLC DL-001
F:18I
|
$1.32 Billion |
|
Adani Total Gas Limited
NSE:ATGL
|
$1.32 Billion |
|
Hope Bancorp Inc
NASDAQ:HOPE
|
$1.32 Billion |
|
Beijing Lanxum Tech Co
SHE:300010
|
$1.32 Billion |
|
Poonawalla Fincorp Limited
NSE:POONAWALLA
|
$1.32 Billion |
|
Hanall Biopharma
KO:009420
|
$1.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cochin Shipyard Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 50,033,367,000 to 55,792,603,000, a change of 5,759,236,000 (11.5%).
- Net income of 8,273,305,000 contributed positively to equity growth.
- Dividend payments of 2,565,038,000 reduced retained earnings.
- Other comprehensive income increased equity by 696,213,000.
- Other factors decreased equity by 645,244,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹8.27 Billion | +14.83% |
| Dividends Paid | ₹2.57 Billion | -4.6% |
| Other Comprehensive Income | ₹696.21 Million | +1.25% |
| Other Changes | ₹-645.24 Million | -1.16% |
| Total Change | ₹- | 11.51% |
Book Value vs Market Value Analysis
This analysis compares Cochin Shipyard Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.41x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 35.16x to 6.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | ₹38.67 | ₹1359.60 | x |
| 2013-03-31 | ₹46.52 | ₹1359.60 | x |
| 2014-03-31 | ₹65.77 | ₹1359.60 | x |
| 2015-03-31 | ₹68.99 | ₹1359.60 | x |
| 2016-03-31 | ₹126.57 | ₹1359.60 | x |
| 2017-03-31 | ₹149.42 | ₹1359.60 | x |
| 2018-03-31 | ₹254.60 | ₹1359.60 | x |
| 2019-03-31 | ₹247.12 | ₹1359.60 | x |
| 2020-03-31 | ₹141.52 | ₹1359.60 | x |
| 2021-03-31 | ₹153.31 | ₹1359.60 | x |
| 2022-03-31 | ₹166.98 | ₹1359.60 | x |
| 2023-03-31 | ₹168.27 | ₹1359.60 | x |
| 2024-03-31 | ₹190.16 | ₹1359.60 | x |
| 2025-03-31 | ₹212.09 | ₹1359.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cochin Shipyard Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.16%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.40x
- Recent ROE (14.83%) is above the historical average (13.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 15.27% | 11.04% | 0.54x | 2.56x | ₹535.86 Million |
| 2013 | 21.81% | 15.87% | 0.70x | 1.96x | ₹1.45 Billion |
| 2014 | 4.65% | 4.38% | 0.53x | 2.01x | ₹-797.26 Million |
| 2015 | 4.43% | 4.38% | 0.55x | 1.85x | ₹-870.29 Million |
| 2016 | 16.96% | 14.66% | 0.57x | 2.04x | ₹1.20 Billion |
| 2017 | 15.37% | 15.16% | 0.62x | 1.63x | ₹1.09 Billion |
| 2018 | 12.18% | 16.83% | 0.43x | 1.68x | ₹708.09 Million |
| 2019 | 14.36% | 16.12% | 0.57x | 1.58x | ₹1.45 Billion |
| 2020 | 16.98% | 18.46% | 0.53x | 1.72x | ₹2.60 Billion |
| 2021 | 15.09% | 21.59% | 0.37x | 1.86x | ₹2.05 Billion |
| 2022 | 12.84% | 17.67% | 0.38x | 1.92x | ₹1.25 Billion |
| 2023 | 6.88% | 12.89% | 0.24x | 2.26x | ₹-1.38 Billion |
| 2024 | 15.66% | 20.45% | 0.32x | 2.41x | ₹2.83 Billion |
| 2025 | 14.83% | 17.16% | 0.36x | 2.40x | ₹2.69 Billion |
Industry Comparison
This section compares Cochin Shipyard Limited's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $31,734,863,546
- Average return on equity (ROE) among peers: 20.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cochin Shipyard Limited (COCHINSHIP) | ₹56.97 Billion | 15.27% | 1.50x | $1.32 Billion |
| Apollo Micro Systems Limited (APOLLO) | $460.20 Million | 21.73% | 3.41x | $387.02 Million |
| Bharat Dynamics Limited (BDL) | $32.11 Billion | 10.97% | 1.70x | $1.38 Billion |
| Bharat Electronics Limited (BEL_old) | $13.01 Billion | 25.38% | 2.23x | $15.34 Billion |
| Data Patterns (India) Limited (DATAPATTNS) | $1.53 Billion | 13.71% | 0.92x | $889.67 Million |
| DCX Systems Limited (DCXINDIA) | $171.70 Million | 56.75% | 39.70x | $98.42 Million |
| Garden Reach Shipbuilders & Engineers Limited (GRSE) | $9.55 Billion | 12.21% | 5.74x | $760.61 Million |
| Hindustan Aeronautics Limited (HAL) | $193.17 Billion | 26.30% | 2.02x | $8.44 Billion |
| Mazagon Dock Shipbuilders Limited (MAZDOCK) | $34.32 Billion | 14.97% | 6.30x | $2.07 Billion |
| Megasoft Limited (MEGASOFT) | $1.28 Billion | 1.02% | 1.20x | $44.57 Million |