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Latest news about Cochin Shipyard

Cochin Shipyard Secures Mega Order for Six LNG-Fueled Container Vessels from European Client 5 days ago

Cochin Shipyard Limited has signed a Letter of Intent for a significant order from a European client. The order involves designing and constructing six LNG-fueled feeder container vessels, each with a capacity of approximately 1,700 TEU. This achievement highlights CSL's growing international presence and commitment to environmentally friendly shipping solutions. A formal contract detailing techno-commercial terms is pending. Additionally, CSL received an ESG rating of 'Crisil ESG 51' and a Core ESG rating of 'Crisil Core ESG 65' from Crisil ESG Ratings & Analytics Ltd.

Cochin Shipyard Unveils ₹3,700 Crore Block Fabrication Facility Plan in Kochi Sep 23, 2025

Cochin Shipyard Expands Operations Through Strategic Partnerships with HD Korea and Tamil Nadu Government Sep 23, 2025

Cochin Shipyard Executes Rs. 29.51 Crore Block Trade, Secures Major Rig Repair Contract Sep 18, 2025

Cochin Shipyard Secures Rs. 200 Crore Contract from ONGC for Jack Up Rig Repairs Sep 17, 2025

More news about Cochin Shipyard

15Sept 25

Cochin Shipyard Elevates Eight Officials to General Manager Positions, Strengthening Senior Management

Cochin Shipyard Limited (CSL) has promoted eight experienced professionals to General Manager (E7 Level) positions. The newly appointed managers, with 22 to 34 years of industry experience, will strengthen key departments including Technical, Materials, Business Development, Ship Repair, Basic Design, Defence Projects, Quality Control, and Design. These promotions aim to enhance CSL's leadership across critical operational areas and support ongoing and future projects in the shipbuilding and ship repair industry.

15Sept 25

Cochin Shipyard Shares Surge 2.8% on Dividend Announcement and Auditor Appointment

Cochin Shipyard Limited (CSL) shares climbed 2.8% to ₹1,794.50 following key corporate announcements. The company declared a final dividend of ₹2.25 per equity share, with September 12 set as the record date, subject to approval at the upcoming AGM. CSL's stock touched an intraday high of ₹1,828.00 with robust trading volumes. The Comptroller & Auditor General of India appointed M/s Babu A Kallivayalil & Co as CSL's new statutory auditors.

27Aug 25

Cochin Shipyard Appoints New Directors for Operations and Technical Roles

Cochin Shipyard Limited (CSL) has appointed Dr. Harikrishnan S as Director (Operations) and Shri Rajesh Gopalakrishnan as Director (Technical), effective August 27, 2025. Dr. Harikrishnan's tenure will run until May 31, 2029, while Shri Gopalakrishnan has been appointed for a five-year term. Both bring nearly three decades of experience with CSL to their new roles. The appointments were authorized by the Appointments Committee of the Cabinet and comply with SEBI regulations.

26Aug 25

Cochin Shipyard Reports 38.5% Revenue Growth in Q1, Maintains Strong Order Book

Cochin Shipyard Limited (CSL) reported a 38.5% increase in Q1 revenue to Rs 1,068.59 crores. Profit After Tax rose to Rs 187.82 crores. The company maintains a total order book of Rs 21,100 crores, including Rs 19,600 crores in shipbuilding and Rs 1,500 crores in ship repair. CSL completed two major capital projects: a New Drydock and an International Ship Repair Facility. Strategic partnerships were formed with Drydocks World UAE and HD KSOE of South Korea. Management expects 14-15% revenue growth and is bidding for defense projects worth Rs 10,000 crores.

21Aug 25

Cochin Shipyard in Focus as ₹65,000 Crore Grants for Shipping Sector Await Approval

Grants worth ₹65,000 crore for India's shipping sector are reportedly close to receiving approval. This development could significantly boost the maritime industry, with potential benefits for companies like Cochin Shipyard. The grants, if approved, may support various segments of the shipping sector, potentially leading to increased investments in infrastructure, technology upgrades, and capacity expansion across maritime operations. Specific allocation details and implementation timeline are yet to be disclosed.

20Aug 25

Cochin Shipyard Projects Robust Growth: 14-15% Revenue Increase and 15% PAT Margin for FY26

Cochin Shipyard Limited (CSL) has announced optimistic financial projections for FY26, including a 14-15% revenue growth and 15% PAT margins. The company expects ₹1,500 crores from ship repair, 10-12% margins in shipbuilding, and 20% overall EBITDA. CSL's Q1 FY26 results show a 50.5% YoY increase in turnover to ₹1,068.59 crores. With a robust order book of ₹21,100 crores and strategic partnerships with Drydocks World, UAE and HD KSOE, South Korea, CSL aims for sustained growth of 10-12% over the next 5-10 years.

19Aug 25

Cochin Shipyard Reports 38% Revenue Surge in Q1, Maintains Robust Rs 19,600 Crore Order Book

Cochin Shipyard Limited (CSL) delivered impressive Q1 results with consolidated revenue up 38% to Rs 1,068.59 crores and PAT growing 4% to Rs 187.83 crores. The ship repair segment saw extraordinary growth of 157%, while shipbuilding slightly declined. CSL maintains a robust order book of Rs 19,600 crores, with 70% from defence orders. The company secured new contracts, made strategic partnerships with HD KSOE and Drydocks World, and significantly upgraded its facilities to handle larger vessels and increase repair capacity.

14Aug 25

Cochin Shipyard Launches 'Saksham Niveshak' Campaign to Update Shareholder Records

Cochin Shipyard Limited (CSL) has initiated a 100-day special outreach program called 'Saksham Niveshak' from July 28 to November 6, 2025. The campaign aims to help shareholders update their records and claim unpaid dividends to prevent transfer to the Investor Education and Protection Fund (IEPF). Key objectives include updating shareholder KYC details and facilitating claims of unpaid dividends. Shareholders with unclaimed dividends are advised to contact MUFG Intime India Private Limited or use the SWAYAM portal. CSL warns that dividends unclaimed for seven consecutive years, along with corresponding shares, may be transferred to IEPF.

12Aug 25

Cochin Shipyard Reports Strong Q1 Results Amid Regulatory Challenges

Cochin Shipyard Limited (CSL) announced robust Q1 FY2026 financial results with a 38.5% YoY increase in revenue from operations to Rs. 1068.59 crore. Net profit rose by 7.8% to Rs. 187.83 crore. The ship repair segment showed substantial growth, while shipbuilding revenue decreased. CSL faces regulatory challenges related to board composition, receiving fines from BSE and NSE for non-compliance with SEBI's LODR Regulations. The company is working with authorities to address these issues and has filed waiver requests with stock exchanges.

11Aug 25

Cochin Shipyard to Announce Q1 Results on August 12

Cochin Shipyard Ltd. will reveal its quarterly financial results for the period ending June 30 on August 12. The Board of Directors will consider both standalone and consolidated unaudited financial results. The company has closed its trading window from July 1 until 48 hours after the results announcement. In the previous quarter, Cochin Shipyard reported a 36.6% YoY increase in consolidated revenue to Rs 1,757.65 crore and an 11% rise in net profit to Rs 287.19 crore. However, Ebitda declined by 8% to Rs 265.78 crore. The stock has shown mixed performance, dropping 5.18% in the past 5 trading sessions and 16.12% in the last month, but gaining 25.38% over the past 6 months.

07Aug 25

Cochin Shipyard Welcomes New Government Nominee Director

Cochin Shipyard Limited has appointed Shri Venkatesapathy S IAS as a Part-time Official (Nominee) Director on its Board of Directors, effective August 07, 2025. He replaces Shri Rajesh Kumar Sinha IAS and will serve until further orders. Venkatesapathy, a 2009-batch IAS officer, brings extensive administrative experience from various roles in Kerala. He also serves as a Government Nominee Director for several other maritime entities.

07Jul 25

Cochin Shipyard Forges Strategic Alliance with HD Korea Shipbuilding

Cochin Shipyard Limited has signed an MoU with HD Korea Shipbuilding & Offshore Engineering to explore new shipbuilding opportunities and exchange technical expertise. This collaboration aims to enhance productivity and aligns with India's 'Maritime India Vision 2030'. The partnership is expected to boost Cochin Shipyard's global competitiveness, facilitate knowledge transfer, and potentially increase India's share in the global shipbuilding industry.

07Jul 25

Cochin Shipyard Inks Strategic MoU with HD Korea Shipbuilding

Cochin Shipyard Limited has signed a Memorandum of Understanding (MoU) with HD Korea Shipbuilding, establishing a long-term cooperation agreement. This strategic partnership aims to enhance Cochin Shipyard's global presence in the shipbuilding industry. The collaboration is expected to lead to technology transfer, skill development, market expansion, and innovation in shipbuilding. While specific details of the MoU are not disclosed, the partnership aligns with India's vision of strengthening its maritime capabilities and becoming a key player in the global shipbuilding arena.

06Jul 25

Cochin Shipyard Forges Strategic Partnership with HD Korea Shipbuilding & Offshore Engineering

Cochin Shipyard Limited has formed a partnership with HD Korea Shipbuilding & Offshore Engineering, marking a significant collaboration between the Indian shipyard and the South Korean maritime engineering firm. The partnership is expected to cover various areas within shipbuilding and offshore engineering sectors, potentially enhancing technological capabilities, facilitating knowledge transfer, improving global competitiveness, and opening new market opportunities for Cochin Shipyard. This alliance reflects the growing trend of international collaborations in the shipbuilding industry.

04Jul 25

Cochin Shipyard Inks Strategic MoU with HD Korea Shipbuilding for Maritime Collaboration

Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering Co Ltd for long-term collaboration in shipbuilding and maritime development. The partnership focuses on exploring new shipbuilding opportunities, sharing technical expertise, and enhancing productivity. This strategic alliance aligns with India's Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, potentially boosting CSL's order book, improving operational efficiency, and contributing to India's maritime sector growth.

04Jul 25

Cochin Shipyard Forges Strategic Partnership with HD Korea Shipbuilding

Cochin Shipyard Limited has entered into a strategic agreement with HD Korea Shipbuilding to establish a long-term shipbuilding partnership. The collaboration aims to enhance shipbuilding capabilities, facilitate knowledge and technology transfer, and improve competitiveness in the global maritime industry. This partnership positions Cochin Shipyard to access advanced Korean shipbuilding technology, expand its portfolio, potentially enter new markets, and improve efficiency in its processes. The collaboration is expected to have significant implications for the Indian maritime sector, potentially leading to increased competitiveness and job creation.

30Jun 25

Cochin Shipyard Secures ₹250 Crore Order for Two High-Capacity Tugboats

Cochin Shipyard Limited has received an order from Polestar Maritime Ltd. to build two 70 T bollard pull tugs, valued between ₹100-250 crore. The tugs, scheduled for delivery in May and September 2027, will be jointly constructed by Cochin Shipyard and its subsidiary Udupi-CSL, using designs from Robert Allan Ltd. and engines from Niigata IHI Power Systems. This order strengthens Cochin Shipyard's position in the specialized shipbuilding market and demonstrates its capability in constructing high-value maritime support vessels.

24Jun 25

Cochin Shipyard's Subsidiary Secures Luxury River Cruise Vessel Order Worth Rs 100-250 Crore

Hooghly Cochin Shipyard Limited (HCSL), a subsidiary of Cochin Shipyard Limited (CSL), has secured an order valued between Rs 100.00-250.00 crore from Heritage River Journeys Private Limited. The order is for the construction of two luxury river cruise vessels for operation on the Brahmaputra River. The contract for the first vessel has been signed, with a Letter of Intent issued for the second. This order demonstrates CSL's diversification into luxury river cruise vessels and highlights the growing capabilities of its subsidiaries. The project aligns with India's focus on river tourism, particularly in the Northeast region.

24Jun 25

Cochin Shipyard Secures New Order Worth Up to ₹2.50 Billion

Cochin Shipyard has announced a new order valued between ₹1.00 billion and ₹2.50 billion. While specific details about the order and client remain undisclosed, this development is expected to boost the company's order book and potentially increase future revenue streams. The order demonstrates market confidence in Cochin Shipyard's capabilities and is likely to keep its facilities and workforce engaged.

23Jun 25

Cochin Shipyard's Subsidiary Secures Luxury River Cruise Vessel Order Worth Rs 100-250 Crore

Hooghly Cochin Shipyard Ltd, a subsidiary of Cochin Shipyard Limited (CSL), has secured a contract from Heritage River Journeys Pvt. Ltd. The order, valued between Rs 100-250 crore, is for the construction of two luxury river cruise vessels designed to operate on the Brahmaputra River. This contract marks a significant entry for the subsidiary into the luxury river cruise segment and demonstrates the growing demand for high-end river tourism experiences in India.

06Jun 25

Cochin Shipyard Soars to 10-Month High on Strong Q4 Performance

Cochin Shipyard's stock price increased by up to 8% in early trading, reaching a 10-month high following robust Q4 financial results. The company reported a 11% rise in net profit to Rs 287.19 crore and a 36.6% growth in revenue to Rs 1,757.65 crore. The stock has gained 35% in the last month and 60% year-to-date. Cochin Shipyard also announced a final dividend of Rs 2.25 per share. Despite strong sales growth, the EBITDA margin contracted to 15.1%, which may require attention in future quarters.

16May 25

Cochin Shipyard Shares Soar 13% on Q4 Results Despite Margin Contraction

Cochin Shipyard's Q4 results led to a 13% surge in share price, reaching a nine-month high. Net profit increased by 11% to ₹287.19 crore, while revenue grew by 36.6% to ₹1,757.65 crore. However, EBITDA margin contracted to 15.1% from 22.5% year-over-year. The market responded positively despite mixed financial performance and missed analyst expectations.

15May 25

Cochin Shipyard Reports 11% Profit Rise in Q4, Declares Dividend

Cochin Shipyard Limited announced impressive Q4 FY2023 results with revenue up 36.70% to ₹1,757.65 crore and net profit up 11% to ₹287.18 crore year-over-year. The company declared a dividend of ₹2.25 per share. With an order book of ₹22,500 crore providing 5-year revenue visibility, Cochin Shipyard's stock surged 26% in the five trading sessions prior to the announcement, reflecting strong investor confidence.

15May 25

Cochin Shipyard Addresses Speculation on Rs 10,000 Crore Project with HD Hyundai

Cochin Shipyard Limited has issued a clarification regarding media speculation about a potential Rs 10,000 crore project with HD Hyundai. The company stated that while it is exploring strategic partnerships aligned with India's Maritime Vision 2030 and 2047, no concrete agreements have been finalized. Cochin Shipyard is actively seeking opportunities to enhance its capabilities and contribute to India's maritime sector growth, but emphasized that the reported collaboration is not confirmed at this time.

14May 25

Cochin Shipyard Clarifies Stance on Rumored Rs 10,000 Crore Project with HD Hyundai

Cochin Shipyard Ltd. has issued a statement addressing media speculation about a potential Rs 10,000 crore collaboration with South Korean company HD Hyundai. The company clarified that while it is exploring strategic partnerships aligned with India's Maritime Vision 2030 and 2047, no concrete agreements have been finalized. Cochin Shipyard emphasized its ongoing efforts to forge strategic alliances to enhance India's maritime capabilities and competitiveness in the global shipbuilding industry.

13May 25

Cochin Shipyard: Q4 FY25 Results Announcement and Strategic Partnership with Drydocks World

Cochin Shipyard Limited (CSL) has set May 15, 2025, for its Q4 and FY25 results announcement, including final dividend considerations. Simultaneously, CSL has partnered with Drydocks World to develop ship repair clusters across India, aiming to enhance the country's maritime capabilities, infrastructure, and global competitiveness in the ship repair sector.

12May 25

Cochin Shipyard Advances Collaboration with Drydocks World to Boost India's Ship Repair Capabilities

Cochin Shipyard Limited (CSL) and Drydocks World are advancing their partnership to develop ship repair clusters across India. This collaboration aims to enhance India's maritime infrastructure, boost ship repair capabilities, and potentially create new job opportunities in the sector. The partnership could lead to increased capacity for ship repairs, technology transfer, and economic benefits by attracting more international vessels to Indian ports. This initiative aligns with India's 'Make in India' program and could position the country as a major regional hub for ship repair and maintenance services.

09Apr 25

Cochin Shipyard Inks Strategic MoU with Drydocks World to Boost Ship Repair Capabilities

Cochin Shipyard Limited (CSL) has signed an MoU with Drydocks World to develop ship repair clusters along India's coastline. The partnership aims to establish world-class maintenance and repair facilities in Kochi and Vadinar, enhance capabilities at major ports, and expand into offshore fabrication and marine engineering. This collaboration aligns with India's Maritime Vision 2030 and is expected to modernize maritime infrastructure, expand the ship repair industry, create jobs, and strengthen India's position in maritime engineering.

26Feb 25

Cochin Shipyard Kicks Off Construction of Advanced Service Operation Vessel for UK's North Star Shipping

Cochin Shipyard Limited (CSL) has started the steel cutting process for a Service Operation Vessel (SOV) ordered by North Star Shipping, a UK-based offshore support vessel operator. This marks the beginning of construction for this specialized vessel designed to support offshore wind farm operations. The project showcases CSL's international capabilities and aligns the company with the growing offshore wind energy sector. SOVs are crucial for providing accommodation, maintenance support, and safe personnel transfer in offshore wind farms.