Cochin Shipyard Limited (COCHINSHIP) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of Cochin Shipyard Limited ₹247, price ₹1,377, upside -82.0%, quality 48 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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Cochin Shipyard Limited
COCHINSHIP · NSEStructural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.
Weakest SetupStrongly overvalued and low quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range ₹133.92 – ₹2,827 · fair‑value band ₹195.86 – ₹344.67 · the ₹1,377 price screens above the ₹247.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Company profile
Cochin Shipyard Limited, together with its subsidiaries, engages in the building and repair of ships and offshore structures in India and internationally. It operates through two segments, Shipbuilding and Ship Repair.
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Cochin Shipyard Limited, together with its subsidiaries, engages in the building and repair of ships and offshore structures in India and internationally. It operates through two segments, Shipbuilding and Ship Repair. The company offers shipbuilding products, including aircraft carriers, missile vessels, anti-submarine warfare shallow water crafts, technology demonstration vessels, floating border outpost vessels, fast patrol vessels, hydrographic survey vessels, offshore patrol vessels, and pollution control vessels for the defence market; oil tankers, bulk carriers, dredgers, pax vessels, tugs, special purpose vessels, deck cargo/jacket launch barges, electric autonomous vessels and passenger ferries, ro-pax vessels, specialised fishing vessels, marine ambulances, zero emission feeder container vessels, and commissioning and hybrid operation vessels for the commercial market; and platform supply vessels and anchor handling/tug supply vessels for the offshore market, as well as product carriers, high bollard pull tugs, air defence ships, and other vessels. It also provides ship repair services, such as maintenance and repair of aircraft carriers and other defense vessels, as well as tankers, bulk carriers, and other commercial and specialized vessels; oil rig upgradation, repair projects, and conversion services; and upgradation of ships for oil exploration, periodical maintenance, and life extension services. In addition, the company offers marine engineering training services. The company exports its products in the United Arab Emirates, Bahamas, Cyprus, Germany, Saudi Arabia, the Netherlands, Norway, the United States, and Liberia. Cochin Shipyard Limited was founded in 1969 and is based in Ernakulam, India.
Stock analysis
Cochin Shipyard Limited (COCHINSHIP) currently trades at ₹1,377, while our model-based Fair Value estimate is ₹247.40, implying the stock looks roughly 456.5% overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹634.59 per share, and 0 of the 17 models we run sit above the ₹1,377 price.
Bear case: the Dividend Discount group reads lowest at ₹147.46, and 17 of the 17 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹195.86 (bear) to ₹344.67 (bull), the price of ₹1,377 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Cochin Shipyard Limited reported revenue of ₹50.2B in FY2026 versus ₹31.9B in FY2022, a compound +12.0%/yr. Reported net income was ₹7.2B in FY2026, compounding +6.2%/yr from FY2022.
Key figures
Market cap ₹362B (≈ $3.8B) · P/E ratio 50.5 · P/S ratio 7.21 · EPS (TTM) ₹27.27 · Dividend yield 0.5% · Net margin 14.3% · Return on equity 12.5% · Return on assets (EBIT) 7.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 28% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −25% fair-value upside, at −82%, COCHINSHIP screens richer than that median.
Fair Value models
All 17 models by family
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Set up alert →Quality Score breakdown
Of which business quality 46 · Market factors (momentum, volatility) 42
Revenue & earnings trend
COCHINSHIP screens 456% overvalued. Compare with General Electric Company →
Compare Cochin Shipyard Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Aerospace & Defense · 224 stocks
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| General Electric Company GE | $327.09 | $92.61 | −72% |
| RTX Corporation RTX | $189.40 | $88.37 | −53% |
| Airbus SE AIR | €192.40 | €112.14 | −42% |
| Lockheed Martin Corporation LMT | $519.56 | $439.62 | −15% |
| Howmet Aerospace Inc HWM | $232.48 | $52.67 | −77% |
| General Dynamics Corporation GD | $336.72 | $274.19 | −19% |
| Northrop Grumman Corporation NOC | $510.52 | $382.98 | −25% |
| TransDigm Group TDG | $1,116 | $1,228 | +10% |
| Thales S.A HO | €229.40 | €170.99 | −25% |
| Rheinmetall AG RHM | €982.40 | €313.19 | −68% |
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Key figures of Cochin Shipyard Limited
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