Cochin Shipyard Limited

NSE:COCHINSHIP India Aerospace & Defense
Market Cap
$4.13 Billion
₹357.68 Billion INR
Market Cap Rank
#6249 Global
#212 in India
Share Price
₹1359.60
Change (1 day)
-5.86%
52-Week Range
₹1338.30 - ₹2392.50
All Time High
₹2851.32
About

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.

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