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November 24, 2015 5:18 PM ET


Company Overview of COCHIN Shipyard Ltd.

Company Overview

COCHIN Shipyard, Ltd. operates as a shipbuilding and repair yard. It provides ship building of tankers, product carriers, bulk carriers, passenger vessels, high bollard pull tugs, and air defense ships; anchor handling tug supply vessels and platform supply vessels; and ship repair services, which include upgradation of mobile offshore drilling units and life extension of ships, as well as maintenance and repairs to the aircraft carriers, tankers, and bulk carriers. The company also engages in offshore projects and marine engineering training. COCHIN Shipyard, Ltd. was founded in 1969 and is based in Cochin, India.

39/6080 Administrative Building


Cochin,  682015


Founded in 1969


91 48 4236 1181


91 48 4237 0897

Key Executives for COCHIN Shipyard Ltd.

Chairman and Managing Director
Director of Finance and Director
Head of CSR and General Manager of Industrial Relations & Administration
Chief Welfare Officer and Deputy General Manager
General Manager of Internal Audit and Company Secretary
Compensation as of Fiscal Year 2015.

COCHIN Shipyard Ltd. Key Developments

COCHIN Shipyard Ltd. expected to report First-Half, 2016 results on November 24, 2015. This event was calculated by Capital IQ (Created on November 18, 2015).

COCHIN Shipyard Ltd. expected to report First-Half, 2016 results on November 24, 2015. This event was calculated by Capital IQ (Created on November 18, 2015).

Cochin Shipyard Seeks IPO

COCHIN Shipyard Ltd. is seeking initial public offering to raise INR 600 million. The planned share sale was approved by the cabinet committee on economic affairs. The IPO involves sale of 34 million equity shares translating into an equity capital of INR 339.84 million. The offer comprises fresh issue of 23 million equity shares and the central government's stake of 11 million shares. Proceeds from the sale of new shares will be used by Cochin Shipyard to part-finance the setting up of an international ship-repair facility and a new dry dock to facilitate the construction of larger ships and underwater repairs of rigs and semi-submersibles.

COCHIN Shipyard Ltd. Announces Unaudited Standalone Earnings Results for the Half Year Ended September 30, 2015

COCHIN Shipyard Ltd. announced unaudited standalone earnings results for the half year ended September 30, 2015. For the half year, the company reported net sales/income from operations of INR 7,123.655 million against INR 8,574.217 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 1,553.786 million against INR 1,659.663 million a year ago. Profit from ordinary activities before tax was INR 2,075.348 million against INR 1,865.213 million a year ago. Net profit was INR 1,364.758 million or INR 12.05 per basic and diluted share against INR 1,230.813 million or INR 10.87 per basic and diluted share a year ago.

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