Cochin Shipyard Q2 results: Government defense company Cochin Shipyard Ltd released its September quarter (Q2 FY26) results on Wednesday (November 12). The company’s net profit declined by 43% year-on-year to ₹107.5 crore, compared to ₹189 crore in the same quarter last year.
Decline in revenue and EBITDA
Cochin Shipyard’s revenue declined 2.2% to ₹1,118.5 crore in the September quarter from ₹1,143.2 crore last year. There was a big decline in EBITDA. It declined by 62.7% to ₹73.5 crore, compared to ₹196.9 crore last year. During this period, the company’s EBITDA margin also declined to 6.5%, which was 17.2% last year.
Interim dividend of ₹4 per share
Cochin Shipyard has declared an interim dividend of ₹4 per share with face value of ₹5. This shows a dividend payout of 80% for FY 2025-26. The company has set the record date as 18 November 2025 (Tuesday). This dividend will be given to eligible shareholders on or before December 11, 2025.
Status of Cochin Shipyard shares
Shares of Cochin Shipyard closed 2.14% higher at ₹1,792.05 on the BSE on Wednesday. The stock is up 17.82% in the last 6 months. At the same time, it saw a growth of 30.39% in one year. Cochin Shipyard has given a multibagger return of 953.34% in 5 years.
What is the business of Cochin Shipyard
Cochin Shipyard Ltd is a shipbuilding and repair company owned by the Government of India. Its headquarters is in Kochi, Kerala. The company builds ships for the Indian Navy, Coast Guard and commercial needs. These include passenger ships, oil tankers, offshore support vessels and drilling platforms.
Apart from this, Cochin Shipyard also provides repair and maintenance services to ships of Indian and foreign companies. It is considered to be one of the largest shipbuilding and maintenance companies in India.
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