Cochin Shipyard shares fall 3% amid buzz round OFS at 8% low cost
The corporate’s shares plunged to Rs 1,418 apiece on NSE within the afternoon buying and selling hours of Monday as buzz round stake sale by the corporate’s largest promoter could have dampened investor sentiment.
The federal government is more likely to launch the OFS quickly as a part of its transfer to mop up sources by way of such provides in PSU corporations, CNBC-TV18 reported citing individuals aware of the matter. The report added that the federal government has to date raised greater than Rs 16,000 crore by way of OFS in PSU corporations this yr.
The Financial Instances couldn’t independently confirm the report.
This comes as the federal government not too long ago ramped up its disinvestment efforts. Not too long ago, the federal government offloaded a few of its stake in Coal India, NHPC, NLC India, Normal Insurance coverage Company of India (GIC) and different PSU corporations.
Cochin Shipyard shareholding sample
The central authorities owned practically 68% stake in Cochin Shipyard as on March 31, 2026, in accordance with knowledge on NSE on the corporate’s shareholding sample. Round 24 mutual funds owned a bit of over 2% stake, whereas Life Insurance coverage Company of India (LIC) held over 3% stake.
Practically 9.62 lakh shareholders in the meantime collectively held round 20% stake in Cochin Shipyard, knowledge confirmed.
Cochin Shipyard share value
Cochin Shipyard shares have gained practically 2% in a single week, however fell over 6% in a single month and 12% in 2026 to date. The inventory has tumbled 34% in a single yr.
In the long term, the shares of the corporate have delivered 391% returns over three years and 601% over 5 years. The corporate has a market capitalisation of Rs 37,699 crore.Additionally Learn | NHPC OFS totally subscribed; govt garners about ₹4,300 crore
Cochin Shipyard earnings snapshot
Cochin Shipyard in Could reported a web revenue of Rs 276.50 crore for This fall FY26, marking 3.7% decline from Rs 287 crore reported in the identical quarter final yr. Income from operations fell 15.6% year-on-year to Rs 1,484.3 crore from Rs 1,757.7 crore within the corresponding interval a yr in the past.
Regardless of weaker income, the corporate delivered a robust working efficiency in the course of the quarter. EBITDA rose 16.5% to Rs 310 crore from Rs 266 crore in Q4FY25, whereas EBITDA margin expanded considerably to twenty.9% from 15.1% a yr earlier. The development in margins mirrored tighter value controls and improved operational effectivity, which helped assist total profitability regardless of the decline in topline progress.
Additionally Learn | Cochin Shipyard This fall web revenue, income decline YoY
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