What we do Cochin Shipyard Limited is a premier Indian shipbuilding and ship repair company constructing sophisticated vessels for defense and commercial sectors. |
Founded in 1,972 |
Market share Market leader in shipbuilding and ship repair with significant domestic defense and commercial client base including Indian Navy and Coast Guard. |
Problem solved Provides indigenous shipbuilding and repair solutions reducing dependence on imports, enhancing maritime security and commercial shipping capabilities. |
Top clients or who we serve Indian Navy, Indian Coast Guard, Shipping Corporation of India, Dredging Corporation of India, Kochi Metro Rail, European clients; B2G, B2B sectors. |
Key management Madhu Sankunny Nair (Chairman & Managing Director); leadership supported by experienced directors with strong maritime and finance backgrounds. |
Our journey and innovations From first ship in 1981 to Indigenous Aircraft Carrier in 2022; expanded facilities including new dry dock with 6000-T shiplift; pioneer in hybrid electric vessels. |
Where we operate Operations across India (Kochi, Mumbai, Kolkata, Andaman) with exports to Europe, Middle East, Norway, and international repair orders. |
Top products or what we offer Shipbuilding of naval vessels, patrol boats, cargo ships, hybrid electric ferries; ship repair services at premium facilities including ISRF. |
Top brands Indigenous Aircraft Carrier INS Vikrant; Hybrid Electric Catamaran Vessels for Kochi Metro; Fast Patrol Vessels for Coast Guard; FBOP vessels for Home Affairs. |
Raw materials needed Steel plates, marine engines, specialized shipbuilding materials sourced from domestic and international suppliers. |
Raw materials supplier Suppliers include steel manufacturers and specialized marine equipment companies globally and within India. |
Recurring vs cyclical contribution Balanced mix with recurring revenue from ship repair and cyclical revenues from shipbuilding orders. |
Our industry position Leading PSU shipyard with miniratna category I status, top market share in India’s shipbuilding and repair sectors. |
Financial highlights FY25 turnover Rs.4,527.84 Cr; net profit Rs.842.91 Cr; strong balance sheet with Rs.5,479 Cr reserves; EBITDA margin ~28%. |
Geographical revenue split Majority revenue from Indian domestic operations with growing export orders to Europe and Middle East. |
Order book Robust order book of Rs.21,100 Cr including 75 vessels across defense, domestic and export commercial segments. |
Whats driving growth Increased government defense and infrastructure spending, innovation in green tech vessels, strategic international partnerships. |
Our future plans Capacity expansion via new dry docks, blue bonds issuance for sustainable projects, pursuing hydrogen and electric vessel programs. |
Our green promise Committed to 100% green transition through hybrid electric vessels, LNG technology and low emission maritime solutions. |
Our people and values Over 3,500 employees; strong focus on skill development, diversity, safety, and leadership acceleration programs. |
Key challenges ahead Dependence on government orders, competition from global yards, timely appointment of independent directors, technological upgrades. |
Interesting facts First indigenous aircraft carrier INS Vikrant delivered; India's first Hydrogen Fuel Cell Catamaran sailed off from CSL. |
Risks and strategy Market cyclicality and regulatory risks mitigated via order diversification, strategic alliances, and expanding into advanced maritime technologies. |
