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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Cochin Shipyard Limited is an India-based company. The Company is engaged in the construction and maintenance of various types of ships. It caters to both domestic and international markets. It operates in two segments: Shipbuilding and Ship Repair. Its shipbuilding products…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, fast-growing business, reasonably priced — but flagged on governance.
Cochin Shipyard is scored on the general / industrial framework. It keeps a healthy 13.2% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -1.72×) — worth a closer look. Free cash flow is worth about -2.8% of its market value.
Over the last 3 years revenue compounded at 28%/yr and profit at 33%/yr. Book value has grown 10%/yr. Return on equity is a healthy 12.2%. In the latest quarter profit fell 45% versus the prior quarter.
At 45× earnings, the stock sits at the 38th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~21%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: Only ₹0.08 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 47.2 | 21.77 | worse |
| P/B | 5.47 | 4.92 | worse |
| EV/EBITDA | 26.74 | 12.77 | worse |
| ROE | 12.2 | 27.38 | worse |
| ROCE | 14.45 | 29.59 | worse |
| ROA | 4.68 | 4.15 | better |
| Quick Ratio | 1.04 | 0.74 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| HAL | 35.7 | 8.1 | 22.2% |
| BEL | 45.1 | 11.0 | 24.4% |
| Solar Industries (india) | 72.0 | 21.9 | 29.5% |
Revenue has grown every year across all 4 financial years shown. 28% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Profit is growing faster than revenue (33% vs 28%) — margin expansion is at work.
Operating margin has expanded from 16% to 18% — the business is keeping more of each rupee earned.
ROE at 12% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 5pp across the window.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (33% vs 6%) — share dilution is eroding per-share value. 6% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 29% QoQ — could be seasonality or a genuine slowdown.
Profit fell 45% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (9% → 13%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 63.3% — majority control intact. Promoters reduced 4.6pp over 4 quarters — watch whether this is planned divestment or pledge invocations. MF holding up 2.5pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.