Cochin Shipyard Q4 results: Check date, time, dividend details, key monitorables, recent updates, and share price trend

Q4 FY25 Results announcement

In its exchange filing dated May 9, Cochin Shipyard said that along with the results announcement, the PSU may also declare the final dividend for the financial year 2024-25 today, May 15.

Time

Going by the previous quarterly results, the company is expected to release its March quarter numbers after market hours, ie, after 3:30 PM. For the December quarter (Q3 FY25), the numbers were released late in the evening, after 7 PM.

Previous dividend details

The company's board in Q3 results announcement had declared a second interim dividend of ₹3.5 per share for the financial year 2024-25 and had fixed February 12 as the record date. The said interim dividend was announced to be paid to the eligible shareholders on or before March 07.

Q3 FY25 Key numbers

Cochin Shipyard reported a 27.6% year-on-year (YoY) fall in its net profit at ₹177 crore for the third quarter that ended December 31, 2024 (Q3 FY25), down from ₹244.4 crore logged in Q3 FY24.

Revenue from operations increased 8.6% to ₹1,147.6 crore against ₹1,056.4 crore seen in the year-ago period, according to reports.

Further, on the operational front, EBITDA fell 23.4% to ₹237.4 crore as compared to ₹310.1 crore seen in the year-ago quarter.

The EBITDA margin also slipped to 20.7% in the reporting quarter against 29.4% in the corresponding quarter of the previous fiscal.

Recent deals

On May 12, Cochin Shipyard said that the PSU and Drydocks World, a DP World company, are deepening their partnership to develop ship repair and offshore fabrication hubs across India.

This collaboration follows the signing of a Memorandum of Understanding (MoU) in Mumbai last month during the visit of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE, according to the company's statement.

The MoU was signed in the presence of DP World's Group Chairman and CEO, Sultan Ahmed Bin Sulayem, and CSL's Chairman and Managing Director, Madhu S Nair.

To move the partnership forward, a high-level team from Drydocks World, led by CEO Captain Rado Antolovic, visited CSL's facilities in Kochi on May 1 and 2.

Cochin Shipyard share price trend

Shares of Cochin Shipyard, along with other defence-related companies, have seen an impressive rally in the last few sessions. Data show that the stock has jumped over 15% in the past five sessions (from May 8 to May 14), nearly 18% in the past 30 days, and around 31% in the past six months.

On a year-to-date (YTD) basis, the stock price has gained around 8.5%.

Key monitorables

Apart from key financial metrics such as PAT, revenue, operating profit, margins, and dividend declaration, market participants will keep an eye on the company's management commentary on the industry outlook, order pipeline, and the headwinds and tailwinds, given the current macroeconomic and geoplitical developments.