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

Shares of Cochin Shipyard dropped around 3% on Monday after a report mentioned that the federal government is more likely to launch a proposal on the market (OFS) within the PSU firm at a discount of 6-8% to the present market value.

The corporate’s shares plunged to Rs 1,418 apiece on NSE within the afternoon buying and selling hours of Monday as buzz around 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 sources via such gives in PSU corporations, CNBC-TV18 reported citing individuals aware of the matter. The report added that the federal government has to this point raised greater than Rs 16,000 crore by way of OFS in PSU corporations this yr.

The Financial Occasions couldn’t independently confirm the report.

This comes as the federal government not too long ago ramped up its disinvestment efforts. Just 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 corporations.

Cochin Shipyard shareholding sample

The central authorities owned almost 68% stake in Cochin Shipyard as on March 31, 2026, in keeping with information on NSE on the corporate’s shareholding sample. Around 24 mutual funds owned somewhat over 2% stake, whereas Life Insurance coverage Company of India (LIC) held over 3% stake.

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

Cochin Shipyard share value

Cochin Shipyard shares have gained almost 2% in a single week, however fell over 6% in a single month and 12% in 2026 to this point. 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 autumn 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 development in margins mirrored tighter value controls and improved operational effectivity, which helped help general profitability regardless of the decline in topline progress.

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

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