IAC-2 order uncertainty
The next indigenous aircraft carrier order is not yet confirmed; management declined to comment on timelines, citing it as a prerogative of the Navy.
high · analyst_questionCochin Shipyard Limited — Q4 FY25
Cochin Shipyard reported an all-time high consolidated revenue of INR 3,830 crore for FY25, up 62% YoY, driven by strong execution in shipbuilding (72% of revenue) and ship repa...
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Margin compression from higher depreciation
New facilities will add INR 125-150 crore depreciation, pressuring net margins despite revenue growth.
medium · management_commentaryExecution risk in new capacities
The new dry dock and ISRF are expected to be fully operational by August 2024; any delays could impact revenue guidance.
medium · data_observationDependence on defense orders
~68% of order book is defense-related; any slowdown in defense procurement could impact future revenue visibility.
medium · analyst_question