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Home » Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount
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Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount

Business Circle TeamBy Business Circle TeamJune 22, 2026No Comments3 Mins Read
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Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount
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Shares of Cochin Shipyard dropped round 3% on Monday after a report mentioned that the federal government is more likely to launch a suggestion on the market (OFS) within the PSU firm at a reduction of 6-8% to the present market worth.

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 might have dampened investor sentiment.

The federal government is more likely to launch the OFS quickly as a part of its transfer to mop up assets by means of such provides in PSU firms, CNBC-TV18 reported citing folks conversant in the matter. The report added that the federal government has thus far raised greater than Rs 16,000 crore by way of OFS in PSU firms this yr.

The Financial Instances couldn’t independently confirm the report.

This comes as the federal government just lately ramped up its disinvestment efforts. Lately, the federal government offloaded a few of its stake in Coal India, NHPC, NLC India, Common Insurance coverage Company of India (GIC) and different PSU firms.

Cochin Shipyard shareholding sample

The central authorities owned practically 68% stake in Cochin Shipyard as on March 31, 2026, based on knowledge on NSE on the corporate’s shareholding sample. Round 24 mutual funds owned just a little over 2% stake, whereas Life Insurance coverage Company of India (LIC) held over 3% stake.

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Practically 9.62 lakh shareholders in the meantime collectively held round 20% stake in Cochin Shipyard, knowledge confirmed.

Cochin Shipyard share worth

Cochin Shipyard shares have gained practically 2% in a single week, however fell over 6% in a single month and 12% in 2026 thus far. 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 absolutely 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 powerful 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 advance in margins mirrored tighter price controls and improved operational effectivity, which helped assist general profitability regardless of the decline in topline progress.

Additionally Learn | Cochin Shipyard This fall web revenue, income decline YoY

(Disclaimer: Suggestions, strategies, views and opinions given by the consultants are their very own. These don’t signify the views of The Financial Instances)



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