Cochin Shipyard Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 4519.73 Crore) operating in Defence sector.
Cochin Shipyard Ltd. key Products/Revenue Segments include Indigenous Aircraft Carrier, Ship Repairs, Vessels, Other Operating Revenue and Sale of services for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 1015.91 Crore, up 37.65 % from last quarter Total Income of Rs 738.02 Crore and up 33.07 % from last year same quarter Total Income of Rs 763.42 Crore. Company reported net profit after tax of Rs 129.38 Crore in latest quarter.
Investment Rationale
Breakout above a falling supply line joining highs since June 2021 supported by strong volume.
Promoter/FII Holdings
Promoters held 72.86 per cent stake in the company as of 31-Mar-2022, while FIIs owned 2.73 per cent, DIIs 4.28 per cent.
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