2025.3000 -19.90 (-0.97%)
NSE Jul 02, 2025 15:31 PM
Volume: 1.5M
 

2025.30
-0.97%
ICICI Securities Limited
Cochin Shipyard exited FY21 with an outstanding performance in Q4 wherein revenue and operating margins were a beat to our estimates. Ship repair segment, which was lagging since Covid, has now kicked in strong revenue and margins adding thrust to Cochin's overall performance. The company declared a dividend of | 2.5 per share during the quarter. Revenue for the quarter came in at | 1080.3 crore (vs. I-direct estimate of | 975 crore), up 32.3% YoY, 44.3% QoQ. Gross margins contracted ~411 bps YoY, 2150 bps QoQ (YoY being a higher base, QoQ being a one-off exception)....
Cochin Shipyard Ltd. is trading above its 200 day SMA of 1588.7
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