COCHINSHIPBSECochin Shipyard LtdHighPositive
Announced Fri, 15 May · 19:12 IST

Board has recommended a final dividend of Rs. 1.5 per equity share of face value Rs. 5 each, for the financial year 2025-26

Corporate Actions View source PDF

COCHINSHIP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.7%1-day move
₹1595.30
prior close
₹1549.00
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AI summary

Cochin Shipyard's Board has recommended a final dividend of Rs. 1.5 per share (30% of face value) for FY 2025-26. For the year ended March 2026, consolidated revenue from operations stood at Rs. 5,02,187 lakhs, with profit after tax of Rs. 71,674 lakhs — down from Rs. 82,733 lakhs in FY 2024-25 due to lower ship repair segment performance. Diluted EPS declined to Rs. 27.24 from Rs. 31.45 year-on-year. The company maintains a AAA credit rating and has strong net worth of Rs. 5,87,276 lakhs. The dividend will be paid within 30 days of shareholder approval at the ensuing AGM.

Likely market impact

The dividend signals confidence in financial stability despite a year-on-year decline in profitability. The 30% payout ratio is modest, suggesting the company retains sufficient cash for ongoing projects like the International Ship Repair Facility and New Dry Dock. Shareholders can expect dividend income, though the stock may see limited price reaction as the payout appears in line with expectations.