Cochin Shipyard's share price continued its upward trajectory on Friday, rallying sharply after the company posted its Q4 earnings and proposed a final dividend. The stock surged over 13% in intraday trades, drawing strong investor interest.
Market Performance
- On Friday, Cochin Shipyard's share price opened at ₹1,858 on the BSE, nearly 2.5% higher than its previous close of ₹1,812.30.
- The stock touched an intraday high of ₹2,055, reflecting over 13% gain within a few hours of trading.
Q4 Results Boost Investor Sentiment
Cochin Shipyard announced robust financial figures for the fourth quarter ended March 2025, driving positive market momentum.
Revenue
- Operating revenue rose to ₹1,757.65 crore, up 36.7% YoY from ₹1,286.05 crore.
EBITDA
- EBITDA for the quarter stood at ₹266 crore, a decline of 7.6% compared to the same period last year.
EBITDA Margins
- Margins dropped from 22.40% to 15.10%, reflecting a 730 basis points YoY contraction.
Net Profits
- Consolidated net profit climbed to ₹287.18 crore, marking a 27% YoY increase from ₹258.88 crore.
Dividend Announcement
The board of the company has put forward a proposal for a final dividend of ₹2.25 per equity share (face value ₹5) for FY2024–25.
- This dividend is contingent upon shareholder approval at the forthcoming Annual General Meeting (AGM).
- Upon approval, the dividend will be distributed within 30 days of the AGM declaration.
Company Highlights
Cochin Shipyard's strong earnings performance and dividend proposal have reinforced investor confidence. The company remains a leading player in India's growing defence and shipbuilding sector, which has seen renewed focus due to rising geopolitical tensions.
Summary
Cochin Shipyard's share price surged over 13% following the release of its Q4 results and dividend proposal. A solid 27% jump in net profit and a 36.7% increase in revenue have positioned the company for further growth. Despite margin pressure, the robust topline performance and final dividend proposal have driven bullish sentiment around the stock. With gains of over 1500% in five years, Cochin Shipyard continues to stand out as one of the top-performing defence sector stocks on the market.
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