COCHIN SHIPYARD LIMITED Quarterly Results (COCHINSHIP) — Q1 FY27

Revenue trend and demand read-through

Topline for Q1 FY27 came in at ₹1,094 cr against ₹1,069 cr in Q1 FY26, and ₹1,484 cr in the preceding Q4 FY26 quarter.

On a sequential basis revenue declined -26.3%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.

Total expenses for the quarter were ₹933 cr, or 85.3% of revenue, with operating profit declined -22.5% year on year.

Margins, tax and profitability

Net profit of ₹151 cr works out to a net margin of 13.8% compared with 17.6% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.

Below the operating line, COCHIN SHIPYARD LIMITED reported profit before tax of ₹202 cr, a tax charge of ₹51.03 cr (effective rate 25.2%), interest cost of ₹25.36 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.

Sequentially, net profit moved from ₹276 cr in Q4 FY26 to ₹151 cr in Q1 FY27, a change of -45.2%.

Trailing twelve months and annual context

Across the trailing four quarters COCHIN SHIPYARD LIMITED has generated revenue of ₹5,047 cr and net profit of ₹680 cr, a trailing net margin of 13.5%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.

On a full-year basis, FY26 revenue was ₹4,775 cr with net profit of ₹717 cr and EPS of ₹27.24, versus the prior year where revenue grew +2.6% and profit declined -13.4%.

What to watch in the next COCHINSHIP quarter

For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.

No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.

Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.