Cochin Shipyard Limited (CSL) was incorporated in 1972 and is a leading Indian shipbuilder specializing in the construction, repair, and refit of all types of vessels, including advanced ships, offshore support vessels, and life-extension upgradations. CSL has exported 45 ships globally and is known for building bulk carriers, platform supply vessels, and technologically advanced marine craft.
Q1 FY26 Earnings Results:
Revenue: ₹977 crore, up 37.61% year-on-year YoY from ₹710 crore
Total Expenses: ₹784 crore, up 43.33% YoY from ₹547 crore
Consolidated Net Profit PAT: ₹188 crore, up 3.87% YoY from ₹181 crore
Earnings Per Share EPS: ₹7.14, up 3.93% YoY from ₹6.87
Operational & Strategic Update:
Revenue Growth: Revenue soared nearly 38%, supported by strong order execution and export deliveries of advanced vessels
Cost Trends: Expenses rose sharply by over 43%, driven by higher input, project execution, and employee costs
Profitability: Net profit increased by 4%, with margin expansion constrained by steep expense growth
Business Focus: Expertise in advanced vessel types and refit services fueled robust top-line performance during the quarter
Strategic Expansion: CSL continued its focus on technology upgrades, capacity expansion, and strengthening its export pipeline
Corporate Developments in Q1 FY26:
Cochin Shipyard’s Q1 FY26 results showcase solid revenue momentum accompanied by modest profit growth, reflecting ongoing investments and operational scale-up. The company’s global reputation and advanced shipbuilding capabilities remain its main strengths.
Looking Ahead:
CSL aims to drive further growth through technology innovation, larger export orders, and capacity addition. Focus on higher-margin segments and operational efficiency is expected to support sustained performance in FY26 and beyond.
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