Cochin Shipyard

Cochin Shipyard executed a joint venture agreement with Drydocks World Dubai FZCO, a DP World company, on September 11. The agreement was signed in New Delhi on the sidelines of the BRICS Summit 2026 by DDW chief executive Captain Rado Antolovic and Cochin Shipyard chairman and managing director Jose V J, in the presence of Union minister Sarbananda Sonowal and UAE assistant foreign minister Omran Sharaf Alhashimi. Ship repair accounted for about one-third of Cochin Shipyard's FY26 operating revenue, with facilities including the International Ship Repair Facility in Kochi. The company reported consolidated operating revenue of ₹5,022 crore for FY26.

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Sept 11 (Reuters) -

• INDIA GOVERNMENT: COCHIN SHIPYARD LTD, DRYDOCKS WORLD FORM JOINT VENTURE TO STRENGTHEN INDIA’S SHIP REPAIR INDUSTRY

Further company coverage: COCH.NS

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Cochin Shipyard was declared L1 for five next-generation survey vessels for the Indian Navy, with the programme valued at about ₹5,000 crore. The company attached an investor presentation to an investor and analyst conference call scheduled for September 10 at 2pm to discuss performance and business updates. Its order book was shown at roughly ₹21,900 crore, covering defence, domestic commercial, export and ship-repair projects. The presentation also described the proposed 50:50 joint venture with Drydocks World Dubai, under which the International Ship Repair Facility would be transferred at a ₹1,800 crore valuation for ₹900 crore in cash and ₹900 crore in equity. FY26 revenue from operations was ₹5,022 crore, with shipbuilding accounting for about 67% of the mix.

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Cochin Shipyard approved a proposal to form an equal joint venture with Drydocks World-Dubai FZCO to own and operate its International Ship Repair Facility in Kochi. The facility was to be transferred to the JV on a slump-sale basis for at least ₹1,800 crore, with half the consideration in cash and half in JV shares; the transaction required approvals from the Cochin Port Authority, the government and shareholders. The ISRF generated ₹207.33 crore of revenue in FY26, about 4.81% of Cochin Shipyard's operating revenue, and had an independently valued worth of ₹1,800 crore. It was built at a cost of ₹970 crore, began commercial operations in August 2024 and had six workstations, while the proposal envisaged adding ten more.

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Cochin Shipyard received notices from BSE and NSE imposing fines of ₹9.66 lakh each, including GST, for breaches of SEBI's LODR rules. The violations concerned the quarter ended June 30, 2026, and involved an insufficient number of independent directors and non-compliant audit and nomination and remuneration committees. The exchanges had imposed ₹9.56 lakh fines each for similar non-compliance in the preceding quarter. Following Dr. Vani Ahluwalia's appointment as an independent director on August 17, the company said the two committees were duly constituted and that it would seek waivers of the fines.

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July 7 (Reuters) -

• INDIA'S DIPAM SECY X POST: GOVERNMENT HAS DECIDED TO EXERCISE ENTIRE GREEN SHOE OPTION IN COCHIN SHIPYARD'S OFS

Further company coverage: COCH.NS

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The Ministry of Ports, Shipping and Waterways, acting on behalf of the President of India, filed a notice with stock exchanges to sell up to 66.29 lakh equity shares of Cochin Shipyard through an Offer for Sale. The sale includes a base offer size of 2.52% of the company's paid-up equity and an oversubscription option of an additional 2.52%, taking the total potential divestment to 5.04%. The OFS will be conducted on July 7 and 8, 2026, with a floor price set at ₹1,400 per share. Unlike many government divestments, no retail or employee discount is being offered. Proceeds from the sale will go to the government, not the company.

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July 6 (Reuters) - The Indian government will sell up to 5.04% stake in Cochin Shipyard COCH.NS via an offer for sale, according to an X post from the secretary of India's Department of Investment and Public Asset Management.

• The OFS consists of a base offer of 2.52% equity stake in the state-run shipbuilder, with the option to sell an additional 2.52% in case shares are oversubscribed.

• The Indian government holds a 67.92% stake in the company, as of March 31, according to exchange data.

• The floor price for the OFS has been fixed at 1,400 rupees ($14.68) per share — a discount of over 7% to Cochin Shipyard's last closing price.

• An OFS allows large shareholders of listed companies to sell shares to the public through stock exchanges without issuing new shares.

• The OFS will open for non-retail investors on July 7 and for retail investors on July 8.

• The sale is aligned with the Indian government's broader divestment and asset monetisation strategy. In the Union Budget 2026-27, the government set a target of 800 billion rupees from divestment and asset monetisation initiatives.

($1 = 95.3950 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru; Editing by Joyjeet Das)

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June 1 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD - GOVERNMENT EXTENDS ADDITIONAL CHARGE OF CHAIRMAN MD TO JOSE V J FOR 3 MONTHS

Source text: [ID:]

Further company coverage: COCH.NS

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** Indian shipbuilder Cochin Shipyard COCH.NS falls as much as 7.5% to a one-month low at 1,475 rupees

** Stock down for the third straight session

** Co's revenue from operations falls 15.6% y/y and profit slips 3.7%

** YTD, COCH shares down 7.7%

(Reporting by Brijesh Patel in Bengaluru)

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May 15 (Reuters) -

• INDIA FOREIGN MINISTRY: MOU BETWEEN COCHIN SHIPYARD AND DRYDOCKS WORLD, DUBAI ON SETTING UP SHIP REPAIR CLUSTER AT VADINAR

Source text: [ID:]

Further company coverage: COCH.NS

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May 6 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD- CABINET COMMITTEE ON ECONOMIC AFFAIRS HAS APPROVED DEVELOPMENT OF A SHIP REPAIR FACILITY AT VADINAR, GUJARAT

• COCHIN SHIPYARD - COMBINED INVESTMENT ON PROJECT OF 15.70 BILLION RUPEES

Source text: ID:nBSE1Jn8DB

Further company coverage: COCH.NS

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March 25 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• EXECUTES JOINT VENTURE AGREEMENT WITH HBL ENGINEERING ON MARCH 25, 2026

• JOINT VENTURE TO DEVELOP ELECTRIC MOBILITY AND ENERGY STORAGE FOR MARITIME SECTOR

• JOINT VENTURE TO HAVE INITIAL CAPITAL OF 90 MILLION RUPEES

Source text: ID:nNSE7tF8hS

Further company coverage: COCH.NS

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** Cochin Shipyard COCH.NS firms 0.69% to 1,539.70 rupees

** Shipbuilder wins contract worth over 20 billion rupees ($219.6 million) from European client for design, construction of six feeder container vessels

** COCH down 5.6% YTD

($1 = 91.0660 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

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Feb 18 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD - SIGNED CONTRACT WITH CMA CGM FOR CONSTRUCTION OF 6 LNG‑FUELLED FEEDER VESSELS

Source text: ID:nBSE8RvVP8

Further company coverage: COCH.NS

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** Shares of India's Cochin Shipyard COCH.NS jumps 5.5% to 1550 rupees

** Shipbuilder wins contract worth 50 billion rupees ($551.02 million) from the Ministry of Defence

** Contract for construction of five Next Generation Survey Vessels (NGSV) for the Indian Navy

** Stock on track to snap four sessions of losses

** Trading vols at 1.5 mln shares vs 30-day-trading volume of 859,681 shares

** COCH gained 5.3% in 2025, stock down 9.3% so far in 2026

($1 = 90.7400 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

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Feb 16 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD - DECLARED L1 FOR CONSTRUCTION OF 5 NEXT GEN SURVEY VESSELS

• COCHIN SHIPYARD - ESTIMATED ORDER VALUE AROUND 50 BILLION RUPEES

Source text: ID:nNSE6lphR3

Further company coverage: COCH.NS

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Jan 30 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD - SECURES ORDER FOR TWO GREEN TUGS WORTH BETWEEN 1BLN RUPEES TO 2.5 BILLION RUPEES

• COCHIN SHIPYARD - BAGGED NOTABLE ORDER FROM POLESTAR MARITIME LIMITED

Source text: ID:nBSE4vqXQD

Further company coverage: COCH.NS

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Jan 29 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD - DIVIDEND 3.5 RUPEES PER SHARE

• COCHIN SHIPYARD DEC-QUARTER CONSOL NET PROFIT 1.45 BILLION RUPEES

• COCHIN SHIPYARD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 13.5 BILLION RUPEES

• COCHIN SHIPYARD - APPROVED PROPOSAL FOR FORMING JOINT VENTURE WITH HBL ENGINEERING

• COCHIN SHIPYARD - JV FOR DEVELOPING ELECTRIC MOBILITY TECH, ENERGY STORAGE SOLUTIONS IN MARINE SPACE

• COCHIN SHIPYARD - APPROVED PROPOSAL FOR ACQUISITION OF 23% STAKE IN CONOSHIP, NETHERLANDS

• COCHIN SHIPYARD - DECIDED NOT TO MOVE AHEAD WITH RAISING OF FUNDS THROUGH ISSUANCE OF US$ NOTES

Source text: ID:nBSE2zrhjC

Further company coverage: COCH.NS

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** Shares of Cochin Shipyard COCH.NS rise 2.4% to 1,936 rupees, highest in a month

** Ship-builder wins order worth 2 billion rupees ($22.74 million) from ONGC ONGC.NS to carry out major repair work on one of its offshore drilling rigs

** Estimated duration for project is around 12 months

** Stock up 25% YTD

($1 = 87.9380 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Sept 17 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD- RECEIPT OF ORDER FOR DRY DOCK/ MAJOR LAY-UP REPAIRS OF A JACK UP RIG

• COCHIN SHIPYARD- ESTIMATED CONTRACT VALUE AROUND 2 BILLION RUPEES

Further company coverage: COCH.NS

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Aug 12 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD JUNE-QUARTER CONSOL NET PROFIT 1.88 BILLION RUPEES

• COCHIN SHIPYARD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 10.69 BILLION RUPEES

Source text: [ID:]

Further company coverage: COCH.NS

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** Shares of Cochin Shipyard COCH.NS rise 3.5% to 1,573.40 rupees

** The ship building and repair co and Drydocks World advance collaboration to develop ship repair clusters in India

** COCH said partnership aims to bring global best practices to India's maritime sector and expand capacity

** Both cos aim to commence joint work at international ship repair facility in Kochi in Kerala state of India as a first step, with plans to expand collaboration across the country

** COCH up ~2% YTD

(Reporting by Vijay Malkar)

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May 12 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• CO, DRYDOCKS WORLD ADVANCE COLLABORATION TO DEVELOP SHIP REPAIR CLUSTERS IN INDIA

Further company coverage: COCH.NS

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Feb 17 (Reuters) - AP Moeller - Maersk A/S MAERSKb.CO:

• MAERSK AND COCHIN SHIPYARD PARTNER TO EXPLORE SHIP REPAIRS AND SHIPBUILDING ACTIVITIES IN INDIA

• UNDER MOU, MAERSK WILL LEVERAGE ITS EXPERTISE AS AN OFF-TAKER IN ITS GLOBAL FLEET TO STRENGTHEN CSL'S CAPABILITIES

• CO WILL PRIMARILY FOCUS ON CONTAINER SHIP MAINTENANCE, REPAIR, AND DRYDOCKING OPERATIONS

Further company coverage: [MAERSKb.CO]

(Gdansk Newsroom)

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** Shares of Cochin Shipyard COCH.NS fall 3% to 1,370 rupees

** The shipbuilder posted a ~28% year-on-year fall in Q3 consolidated net profit to 1.77 billion rupees ($20.2 million); rev from ops up 9% Y/Y

** Total expenses grew 23% during the quarter, taking a chunk off the rev, hurting profitability

** Stock has shed 11% so far in 2025

($1 = 87.4500 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Feb 6 (Reuters) - Cochin Shipyard Ltd COCH.NS:

• COCHIN SHIPYARD DIVIDEND OF 3.5 RUPEES PER SHARE

• COCHIN SHIPYARD DEC-QUARTER CONSOL NET PROFIT 1.77 BILLION RUPEES

• COCHIN SHIPYARD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.48 BILLION RUPEES

Source text: ID:nBSEbrJZmP

Further company coverage: COCH.NS

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Dec 27 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD - PLACES ORDER FOR 8 TUGS WORTH 4.50 BILLION RUPEES

• ADANI PORTS - PROCUREMENT OF EIGHT STATE-OF-THE-ART HARBOUR TUGS

• ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD - ORDER TO INCREASE ADANI'S FLEET TO 152 TUGS

• ADANI PORTS - PLACES ORDER FOR 8 TUGS WITH COCHIN SHIPYARD

Source text: ID:nNSE5z9WXy

Further company coverage: APSE.NS

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** Shares of Cochin Shipyard COCH.NS rise by an exchange-allowed maximum of 5% to 1,656.15 rupees

** The ship building and ship repair co gets order estimated to be over 10 bln rupees ($118.2 mln) for short refit and dry docking of a naval vessel

** Trading vols at 478,523, 0.9x 30-day average

** COCH up ~145% YTD, set to gain for third straight year

($1 = 84.6200 Indian rupees)

(Reporting by Vijay Malkar)

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