Integrated Filing — IndAS

General information about company
Scrip Code	540678
NSE Symbol	COCHINSHIP
MSEI Symbol	NOTLISTED
ISIN	INE704P01025
Name of company	COCHIN SHIPYARD LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	15-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	09-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	15-May-2025   10:00:00
End date and time of board meeting	15-May-2025   13:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	17576509000	48199588000
	Other income	1571413000	3890650000
	Total income	19147922000	52090238000
2	Expenses
(a)	Cost of materials consumed	7013315000	21340408000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-47817000	-53285000
(d)	Employee benefit expense	1170867000	4243689000
(e)	Finance costs	117623000	385755000
(f)	Depreciation, depletion and amortisation expense	270898000	1031764000
(f)	Other Expenses
1	Sub contract and other direct expenses	3778344000	8792842000
2	Other expenses	1813348000	3816927000
3	Provision for anticipated losses and expenditure	1190661000	1280433000
	Total other expenses	6782353000	13890202000
	Total expenses	15307239000	40838533000
3	Total profit before exceptional items and tax	3840683000	11251705000
4	Exceptional items	0	0
5	Total profit before tax	3840683000	11251705000
6	Tax expense
7	Current tax	1289454000	3042590000
8	Deferred tax	-320649000	-64190000
9	Total tax expenses	968805000	2978400000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	2871878000	8273305000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	2871878000	8273305000
17	Other comprehensive income net of taxes	-314083000	39428000
18	Total Comprehensive Income for the period	2557795000	8312733000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	2871878000	8273305000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	2557795000	8312733000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	1315404000	1315404000
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		54477199000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	10.92	31.45
	Diluted earnings (loss) per share from continuing operations	10.92	31.45
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	10.92	31.45
	Diluted earnings (loss) per share from continuing and discontinued operations	10.92	31.45
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		As per the notes attached to the Financial Results uploaded to the Stock Exchange website.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	30341009000
	Capital work-in-progress	5149936000
	Investment property	0
	Goodwill	0
	Other intangible assets	129227000
	Intangible assets under development	6806000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	1926000
	Trade receivables, non-current	0
	Loans, non-current	55152000
	Other non-current financial assets	56919000
	Total non-current financial assets	113997000
	Deferred tax assets (net)	1096480000
	Other non-current assets	489524000
	Total non-current assets	37326979000
2	Current assets
	Inventories	18851072000
	Current financial asset
	Current investments	0
	Trade receivables, current	2290317000
	Cash and cash equivalents	3166712000
	Bank balance other than cash and cash equivalents	27959510000
	Loans, current	13110000
	Other current financial assets	2704451000
	Total current financial assets	36134100000
	Current tax assets (net)	0
	Other current assets	41680122000
	Total current assets	96665294000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	133992273000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1315404000
	Other equity	54477199000
	Total equity attributable to owners of parent	55792603000
	Non controlling interest	0
	Total equity	55792603000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	230220000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	4603371000
	Total non-current financial liabilities	4833591000
	Provisions, non-current	532932000
	Deferred tax liabilities (net)	61476000
	Deferred government grants, Non-current	0
	Other non-current liabilities	808000
	Total non-current liabilities	5428807000
	Current liabilities
	Current financial liabilities
	Borrowings, current	459911000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	950392000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	4063442000
	Total Trade payable	5013834000
	Other current financial liabilities	2631328000
	Total current financial liabilities	8105073000
	Other current liabilities	54155197000
	Provisions, current	10264568000
	Current tax liabilities (Net)	246025000
	Deferred government grants, Current	0
	Total current liabilities	72770863000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	78199670000
	Total equity and liabilites	133992273000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	As per the notes attached to the Financial Results uploaded to the Stock Exchange website.

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Ship building	9212375000	29553868000
2	Ship Repair	8364134000	18645720000
3	Unallocated	1571413000	3890650000
	Total Segment Revenue	19147922000	52090238000
	Less: Inter segment revenue	0	0
	Revenue from operations	19147922000	52090238000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Ship building	1440796000	4613473000
2	Ship Repair	3349067000	7291961000
3	Unallocated	-831557000	-267974000
	Total Profit before tax	3958306000	11637460000
	i. Finance cost	117623000	117623000
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	3840683000	11251705000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Ship building	86929575000	86929575000
2	Ship Repair	34880299000	34880299000
3	Unallocated	12182399000	12182399000
	Total Segment Asset	133992273000	133992273000
	Un-allocable Assets	0	0
	Net Segment Asset	133992273000	133992273000
4	Segment Liabilities
	Segment Liabilities
1	Ship building	44707026000	44707026000
2	Ship Repair	10193709000	10193709000
3	Unallocated	23298935000	23298935000
	Total Segment Liabilities	78199670000	78199670000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	78199670000	78199670000
	Disclosure of notes on segments	Textual Information(2)

Text Block
Textual Information(2)	As per the notes attached to the Financial Results uploaded to the Stock Exchange website.

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of defined employee benefit obligations	-28040000	-33782000
2	Changes in fair value of FVTOCI equity instruments	514000	671000
	Total Amount of items that will not be reclassified to profit and loss	-27526000	-33111000
2	Income tax relating to items that will not be reclassified to profit or loss	-7135000	-8601000
3	Amount of items that will be reclassified to profit and loss
1	Effective portion of gains/ (losses) on cash flow hedging instruments	-392631000	86528000
	Total Amount of items that will be reclassified to profit and loss	-392631000	86528000
4	Income tax relating to items that will be reclassified to profit or loss	-98939000	22590000
5	Total Other comprehensive income	-314083000	39428000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			11251705000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			385755000
	Adjustments for decrease (increase) in inventories			-8590132000
	Adjustments for decrease (increase) in trade receivables, current			-9893291000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			5586402000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1031764000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-125001000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-140558000
	Adjustments for dividend income			7224000
	Adjustments for interest income			1978117000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-1825000
	Other adjustments to reconcile profit (loss)			971673000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-12760554000
	Net cash flows from (used in) operations			-1508849000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1462119000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-2970968000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			12066000
	Purchase of property, plant and equipment			4031373000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			7224000
	Interest received			2269037000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			7123566000
	Net cash flows from (used in) investing activities	5380520000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			297005000
	Dividends paid			2565038000
	Interest paid			29236000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			124398000
	Net cash flows from (used in) financing activities			-2766881000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-357329000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-357329000
	Cash and cash equivalents cash flow statement at beginning of period			3064130000
	Cash and cash equivalents cash flow statement at end of period			2706801000