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Cochin Shipyard Reports 11% Profit Growth in Q4, Proposes Dividend

The state-owned defense PSU posted a 37% revenue increase but saw EBITDA margins decline, while confirming no material updates on speculated HD Hyundai tie-up.

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Overview

  • Cochin Shipyard's net profit for Q4 FY25 rose 11% to Rs 287.18 crore, compared to Rs 258.88 crore in the same period last year.
  • Revenue surged 37% year-on-year to Rs 1,757.65 crore, reflecting strong execution in key projects and ship repair operations.
  • EBITDA margins contracted significantly to 15.35% from 23.35% a year ago, with EBITDA slipping to Rs 253 crore from Rs 286 crore.
  • The board recommended a final dividend of Rs 2.25 per equity share, pending shareholder approval at the upcoming AGM.
  • Shares climbed 4.55% to Rs 1,814.90 on BSE after the results, while the company reiterated no material updates on potential HD Hyundai collaboration.