Cochin Shipyard Share Price Target 2024 – Cochin Shipyard specializes in building and repairing ships. If you are considering investing in Cochin Shipyard shares for the long term, it is important to analyze its potential growth and performance.
Our Cochin Shipyard Share Price target is based on a deep technical analysis and past performance of the company to help you make an informed decision.
To begin with, it is essential to understand Cochin Shipyard ’s business model and financial data. Once you have a clear understanding of the company’s operations and financial strength, you can determine whether Cochin Shipyard stock is a good buy or not.
Our Cochin Shipyard Share Price Forecast covers the stock’s potential growth and performance for the years 2024, 2025, 2030, and 2040 to help you make an informed investment decision.
Contents
- 1 What is Cochin Shipyard?
- 2 Company Overview
- 3 Financial Overview of Cochin Shipyard
- 4 Cochin Shipyard Share Price Chart
- 5 Cochin Shipyard Revenue
- 6 Cochin Shipyard Net Profit
- 7 Cochin Shipyard Balance Sheet
- 8 Cochin Shipyard Share Price Target 2025 (2024-2040)
- 8.1 Cochin Shipyard Share Price Target 2024 | Cochin Shipyard Share Forecast 2024
- 8.2 Cochin Shipyard Share Price Target 2025 | Cochin Shipyard Share Forecast 2025
- 8.3 Cochin Shipyard Share Price Target 2026 | Cochin Shipyard Share Forecast 2026
- 8.4 Cochin Shipyard Share Price Target 2027 | Cochin Shipyard Share Forecast 2027
- 8.5 Cochin Shipyard Share Price Target 2028 | Cochin Shipyard Share Forecast 2028
- 8.6 Cochin Shipyard Share Price Target 2029 | Cochin Shipyard Share Forecast 2029
- 8.7 Cochin Shipyard Share Price Target 2030 | Cochin Shipyard Share Forecast 2030
- 8.8 Cochin Shipyard Share Price Target 2035 | Cochin Shipyard Share Forecast 2035
- 8.9 Cochin Shipyard Share Price Target 2040 | Cochin Shipyard Share Forecast 2040
- 8.10 Cochin Shipyard Share Price Target 2050 | Cochin Shipyard Share Forecast 2050
- 8.11 Cochin Shipyard Share Price Target 2060 | Cochin Shipyard Share Forecast 2060
- 9 Who are the competitors of Cochin Shipyard?
- 10 What are PROs and CONs of investing with Cochin Shipyard
- 11 Videos Related to Cochin Shipyard Share
- 12 Conclusion
- 13 Cochin Shipyard Limited Share Price Target 2025 FAQs
- 13.1 What is the current share price of Cochin Shipyard?
- 13.2 Is Cochin Shipyard a good investment? | Should you invest in Cochin Shipyard?
- 13.3 Who invested in Cochin Shipyard?
- 13.4 What are the growth opportunities with Cochin Shipyard?
- 13.5 What are the risks and challenges associated with Cochin Shipyard?
- 13.6 What is the revenue of Cochin Shipyard Limited?
- 13.7 Is a Cochin Shipyard company a profit-making company?
- 13.8 What is the current stock price of Cochin Shipyard?
- 13.9 What is the Cochin Shipyard Share Forecast for 2025?
- 13.10 What is the share price of Cochin Shipyard in next 5 years?
- 13.11 What is the share price of Cochin Shipyard in next 10 years?
- 14 Disclaimer
What is Cochin Shipyard?
About Cochin Shipyard – Cochin Shipyard Limited, located in Kochi, Kerala, India, is a state-owned shipbuilding and maintenance facility that was established in 1972. It has established itself as one of the premier shipyards in the country. Here are some technical details about Cochin Shipyard –
- Expertise – Cochin Shipyard specializes in the construction and repair of various types of vessels, including commercial ships, naval vessels, offshore platforms, and port infrastructure. Its shipbuilding capabilities range from small boats to large ships.
- Infrastructure – The shipyard is equipped with modern facilities, including dry docks, wet berths, and workshops. Its new dry dock, one of the largest in India, has the capacity to accommodate large vessels for construction and repair.
- Defense Contracts – Cochin Shipyard actively engages in defense projects and has successfully delivered warships and submarines to the Indian Navy and Coast Guard, significantly contributing to its revenue.
- International Ship Repair Facility – The shipyard has expanded its operations by establishing an international ship repair facility, allowing it to service vessels from other countries and enhance its global presence.
- Diversification – In addition to shipbuilding, Cochin Shipyard is involved in engineering, ship repair, and offshore structures, which helps mitigate risks and provides additional revenue streams.
- Strategic Location – Situated along the Arabian Sea coast, Cochin Shipyard benefits from its proximity to major shipping routes and markets, facilitating efficient transportation and logistics.
- Government Support – As a public sector undertaking, Cochin Shipyard receives support from the Indian government, ensuring stability and access to resources.
Company Overview
| Company Parameter | Values |
| Company type | Public |
| Stock Exchange (s) | BSE: 540678, NSE: COCHINSHIP |
| Sector/Industry | Shipbuilding |
| Founded | 29 April 1972; 51 years ago |
| Headquarters | Kochi, Kerala, India |
| Area served | India |
| Key people | Madhu S. Nair (Chairman & MD) |
| Revenue | ₹2,536.94 crore (US$320 million) (FY 2023) |
| Operating income | ₹448.50 crore (US$56 million) (FY 2023) |
| Net income | ₹334.8 crore (US$42 million) (FY 2023) |
| Total assets | ₹9,909.04 crore (US$1.2 billion) (FY 2023) |
| Total equity | ₹4,423.41 crore (US$550 million) (FY 2023) |
| Owner | Government of India |
| Number of employees | 1,744 (March 2019) |
| Products | – Aircraft Carrier – Tankers – Bulk carriers – Platform supply vessels – Patrol boats – Diving support vessels |
| Services Offered | – Ship design – Shipbuilding – Ship repair – Marine Engineering Training Institute – Vigyana Sagar |
| Subsidiaries | – Hooghly Cochin Shipyard Limited – Udupi Cochin Shipyard Limited |
| Official Website | Cochin Shipyard Ltd. |
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Financial Overview of Cochin Shipyard
Here are the details of Cochin Shipyard Financials –
| Company Parameters | Values |
| Stock Name | Cochin Shipyard Ltd. |
| Stock Ticker/Symbol | COCHINSHIP |
| Open | 888.80 |
| Previous Close | 881.20 |
| Volume | 773,084 |
| Value (Lacs) | 6,806.23 |
| i VWAP | 889.73 |
| Beta | 1.14 |
| Mkt Cap (Rs. Cr.) | 23,161 |
| High | 903.95 |
| Low | 878.75 |
| UC Limit | 1,057.40 |
| LC Limit | 705.00 |
| 52 Week High | 945.00 |
| 52 Week Low | 205.20 |
| Face Value | 5 |
| All Time High | 945.00 |
| All Time Low | 104.55 |
| 20D Avg Volume | 2,748,256 |
| 20D Avg Delivery(%) | — |
| Book Value Per Share | 178.76 |
| Dividend Yield | 0.97 |
Cochin Shipyard Revenue
Cochin Shipyard Net Profit
Cochin Shipyard Balance Sheet
| Data | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
| Net Sales | 2,330.46 | 3,190.00 | 2,818.90 | 3,422.49 | 2,965.60 |
| Total Expenditure | 2,057.32 | 2,555.11 | 2,091.64 | 2,708.28 | 2,391.93 |
| Operating Profit | 273.14 | 634.89 | 727.25 | 714.21 | 573.67 |
| Other Income | 206.49 | 266.42 | 193.86 | 247.5 | 227.28 |
| Interest | 41.79 | 52.51 | 57.46 | 49.56 | 15.43 |
| Depreciation | 51.15 | 54.41 | 53.07 | 48.73 | 34.16 |
| Exceptional Items | 61.81 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 448.51 | 794.39 | 810.59 | 863.43 | 751.38 |
| Provision for Tax | 114.02 | 207.82 | 200.48 | 225.74 | 270.2 |
| Net Profit | 334.49 | 586.57 | 610.1 | 637.69 | 481.18 |
| Adjusted EPS (Rs.) | 12.71 | 22.3 | 23.19 | 24.24 | 18.29 |
| Year | Min Target | Max Target |
|---|---|---|
| 2024 | ₹681.43 | ₹1562.07 |
| 2025 | ₹1560.68 | ₹2110.27 |
| 2026 | ₹2111.86 | ₹2455.95 |
| 2027 | ₹2454.83 | ₹2880.94 |
| 2028 | ₹2881.95 | ₹3103.98 |
| 2029 | ₹3104.73 | ₹3545.61 |
| 2030 | ₹3544.30 | ₹4250.15 |
| 2040 | ₹9100.00 | ₹10060.70 |
| 2050 | will update | will update |
| Year | Min Target | Max Target |
|---|---|---|
| 2024 | ₹681.43 | ₹1562.07 |
| Year | Min Target | Max Target |
|---|---|---|
| 2025 | ₹1560.68 | ₹2110.27 |
| Year | Min Target | Max Target |
|---|---|---|
| 2026 | ₹2111.86 | ₹2455.95 |
| Year | Min Target | Max Target |
|---|---|---|
| 2027 | ₹2454.83 | ₹2880.94 |
| Year | Min Target | Max Target |
|---|---|---|
| 2028 | ₹2881.95 | ₹3103.98 |
| Year | Min Target | Max Target |
|---|---|---|
| 2029 | ₹3104.73 | ₹3545.61 |
| Year | Min Target | Max Target |
|---|---|---|
| 2030 | ₹3544.30 | ₹4250.15 |
| Year | Min Target | Max Target |
|---|---|---|
| 2035 | ₹6800.00 | ₹7960.70 |
| Year | Min Target | Max Target |
|---|---|---|
| 2040 | ₹9100.00 | ₹10060.70 |
will update soon
will update soon
Who are the competitors of Cochin Shipyard?
Here are the competitors of Cochin Shipyard
- Cochin Shipyard
- Mazagon Dock
- Garden Reach Sh
- VMS Industries
- Laxmipati Eng.
What are PROs and CONs of investing with Cochin Shipyard
| PROs | CONs |
| Government Backing – Cochin Shipyard is a government-owned shipbuilding and maintenance facility, offering a high level of stability and support from the government. | Sales Growth – Cochin Shipyard has experienced sluggish sales growth over the last five years. |
| Shipbuilding Expertise – The company boasts a robust history in shipbuilding and repair, establishing itself as a major player in the maritime industry. | Return on Equity (ROE) – The company has maintained a relatively low return on equity (ROE) of 12.0% over the past three years. |
| Infrastructure – Cochin Shipyard is equipped with state-of-the-art facilities and infrastructure tailored for the construction and maintenance of ships. | Other Income – The earnings consist of a substantial portion of non-recurring income, which may not be of a sustainable nature. |
| Diversification – Beyond its primary focus on shipbuilding, the company is engaged in engineering, ship repair, and offshore structures, thereby diversifying its sources of revenue. | Market Volatility – The stock’s performance could be influenced by fluctuations in the market and prevailing economic conditions. |
| Strategic Location – Located in Kochi, Kerala, this facility offers strategic access to key shipping routes and markets. | Competition – Intense competition exists from other shipbuilders and defense companies. |
| Defense Contracts – Cochin Shipyard has successfully obtained defense contracts, bolstering its revenue and fostering expansion. | Cyclical Nature – The shipbuilding industry is cyclical, impacted by global economic trends. |
| Dividend Payout – Over time, the company has consistently upheld a robust dividend payout. | Dependency on Government Orders – Cochin Shipyard relies heavily on government orders, which can be unpredictable. |
Conclusion
We have presented Cochin Shipyard Ltd Share Price Target for the years 2024, 2025, 2026, 2030 and up to 2050 based on recent trading data and algorithms. These predictions can serve as potential support and resistance levels for the stock in the coming years.
It’s important to keep in mind that while these price targets are based on technical analysis, there are other market conditions and news that could also impact the stock’s performance. Hence, these target predictions should be used merely as guidelines and not as financial advice. It’s crucial to conduct your own due diligence before making any investment decisions.
We hope you will like the information given by us. And if you want more information related to stock prediction. You can read our article and stay with us so that you can know the prediction of more stocks in the future.
Also, do your due diligence and comment to us, whether you will invest in this stock or not. Till then Happy Investing.
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The current share price of Cochin Shipyard – Rs.884.20 (BSE)
Is Cochin Shipyard a good investment? | Should you invest in Cochin Shipyard?
Who invested in Cochin Shipyard?
Following entities invested in Cochin shipyard –
- Promoters: The Indian government has a substantial 72.86% ownership stake in Cochin Shipyard as of December 31, 20231, making it a significant promoter of the company.
- Domestic Institutional Investors (DIIs): Their holding decreased slightly from 2.24% (as of September 30, 2023) to 2.2% (as of December 31, 2023).
- Foreign Institutional Investors (FIIs): They own approximately 5.82% of the company’s shares.
Additionally, during its initial public offering (IPO), Cochin Shipyard received funding from investors, including Radhakishan Damani..
What are the growth opportunities with Cochin Shipyard?
Cochin Shipyard is poised for significant growth in shipbuilding and repair industries –
1. Shipbuilding Market – The shipbuilding sector is set for growth due to the challenges faced by ageing fleets in meeting new regulatory requirements, leading to increased demand for fleet replacements. Despite India’s current small market share, Cochin Shipyard’s recent order intake suggests potential for better numbers in the coming years.
2. Ship Repair Market – The global ship repair market is estimated to be a $20-billion industry, with Cochin Shipyard holding about 50 percent of the Indian ship repair market. The company has added a new international ship repair facility, increasing its capacity by approximately 25 percent, which positions it well to capture more repair contracts.
3. Infrastructure Expansion – Cochin Shipyard’s infrastructure expansion aligns with the Maritime India Vision 2030.
4. Defense Contracts – The company’s focus remains on defense and large shipbuilding orders, and it has also diversified into small ship orders.
5. Market Optimism – Cochin Shipyard’s strong financial performance has led to a positive trend in its stock price.
What are the risks and challenges associated with Cochin Shipyard?
Following risks and challenges associated with Cochin Shipyard –
- Cyclical Nature of Shipbuilding Industry
- Execution Challenges
- Market Volatility
- Competition
- Dependency on Government Orders
- Cost Overruns
- Regulatory Compliance
- Labor and Skill Availability
- Forex Risk
- Technological Advancements
What is the revenue of Cochin Shipyard Limited?
The revenue of Cochin Shipyard Limited as of Mar’23 is Rs.2,536.95 crores.
Is a Cochin Shipyard company a profit-making company?
Cochin Shipyard is a profitable company with a strong track record in shipbuilding, repair, and related activities. Despite its success, the company is not without challenges and risks, which potential investors should thoroughly assess before making any investment decisions.
What is the current stock price of Cochin Shipyard?
As of March 20, 2024, 01:31 PM IST, the current stock price of Cochin Shipyard stands at ₹882.70 (Indian Rupees). Over the past 52 weeks, the stock has reached a high of ₹945.00 and a low of ₹205.20.
It’s important to note that stock prices are subject to fluctuations, and staying informed with real-time data is crucial for anyone considering investments.
The Cochin Shipyard Share Forecast for 2025?
| Year | Min Target | Max Target |
|---|---|---|
| 2025 | ₹1560.68 | ₹2110.27 |
The share price of Cochin Shipyard in next 5 years would be – min of ₹3104.73 and max of ₹3545.61.
The share price of Cochin Shipyard in next 10 years would be – min of ₹6800.00 and max of ₹7960.70.
Disclaimer
This article contains information that may be useful for those interested in the stock market. However, it is important to note that Investing in the stock market can be a risky venture and is heavily influenced by market conditions. It is important to conduct thorough research and analysis before making any investment decisions.
This article has been created for educational purposes only and does not constitute investment advice. We would like to clarify that we are not registered advisors with SEBI (Stock exchange board of India) and we do not provide tips or calls regarding specific investments.
It is always recommended to seek guidance from a qualified financial advisor to ensure that your investment decisions align with your financial goals and risk tolerance. Stay tuned with thepriceforecaster.com
