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Fundamentals for Cochin Shipyard Limited
Business Operations:
Sector: IndustrialsIndustry: Aerospace & Defense
Cochin Shipyard Limited engages in the shipbuilding and repair of ships/offshore structures in India. It offers a range of shipbuilding services, which include aircraft carriers, missile vessels, anti-submarine warfare shallow water crafts, technology demonstration vessels, floating border outpost vessels, patrol vessels, hydrographic survey vessels, offshore patrol vessels, and pollution control vessels for defense; oil tankers, bulk carriers, dredgers, pax vessels, tugs, special purpose vessels, deck cargo/jacket launch barges, electric autonomous vessels and passenger ferries, ro-ro and ro-pax vessels, fishing vessels, marine ambulances, and operation vessels commissioning service for commercial; and platform supply vessels, anchor handling/tug supply vessels, and multi-purpose vessels for offshore. The company also offers ship repair services comprising maintenance and repair of aircraft carrier and other defense vessels; tankers, bulk carriers, and range of commercial and specialized vessels; and oil rig upgradation, repair projects, and conversion services. In addition, it provides marine engineering training services. The company was founded in 1969 and is based in Ernakulam, India.
Revenue projections:
With COCHINSHIP's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 1.331000 |
|---|---|
| forwardPE | 32.934387 |
| debtToEquity | 28.466000 |
| earningsGrowth | -0.038000 |
| revenueGrowth | -0.156000 |
| grossMargins | 0.349590 |
| operatingMargins | 0.187140 |
| trailingEps | 27.270000 |
| forwardEps | 44.200000 |
Cochin Shipyard Limited's current ratio is 1.331, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting Cochin Shipyard Limited has no trouble covering its short-term financial obligations.
Cochin Shipyard Limited's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
Cochin Shipyard Limited's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
COCHINSHIP's negative gross and operating margins suggest that the company is experiencing losses at both the production and operational levels. This could point to inefficiencies or declining demand for its products.
COCHINSHIP's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that COCHINSHIP is likely to outperform its previous year's financial performance.
Price projections:
The price of COCHINSHIP has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.
Recommendation changes over time:
Analysts' buy bias for COCHINSHIP signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to COCHINSHIP, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
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