Cochin Shipyard (NSE:COCHINSHIP) Interest Coverage: 6.34 (As of Jun. 2026) — 69% Below Median

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NSE:COCHINSHIP Cochin Shipyard Ltd NSE:COCHINSHIP
91 GF Score
Price ₹1,385.00
GF Value ₹1,716.64
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Cochin Shipyard Interest Coverage?

Cochin Shipyard NSE:COCHINSHIP +4.77% 91 Interest Coverage is 6.34 as of Jun. 2026, which is 69% below its 10-year median of 20.70. GuruFocus rates NSE:COCHINSHIP with a GF Score™ of 91/100 and a GF Value™ of ₹1,716.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 235 Aerospace & Defense companies, Cochin Shipyard ranks worse than 64.68% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Cochin Shipyard's Operating Income for the three months ended in Jun. 2026 was ₹1,608 Mil. Cochin Shipyard's Interest Expense for the three months ended in Jun. 2026 was ₹0 Mil. Cochin Shipyard's interest coverage for the quarter that ended in Jun. 2026 was 6.34. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Cochin Shipyard's Interest Coverage or its related term are showing as below:

NSE:COCHINSHIP' s Interest Coverage Range Over the Past 10 Years
Min: 6   Med: 20.7   Max: 39.08
Current: 6


NSE:COCHINSHIP's Interest Coverage is ranked worse than
64.68% of 235 companies
in the Aerospace & Defense industry
Industry Median: 9.33 vs NSE:COCHINSHIP: 6.00

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Cochin Shipyard  (NSE:COCHINSHIP) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Cochin Shipyard Interest Coverage Related Terms


Cochin Shipyard Interest Coverage Historical Data

* Premium members only.

The historical data trend for Cochin Shipyard's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Cochin Shipyard Interest Coverage Chart

Cochin Shipyard Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.94 6.55 18.48 17.34 8.92

Cochin Shipyard Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.04 2.12 5.48 8.61 6.34

NSE:COCHINSHIP vs SPCX, GE, RTX: Interest Coverage Comparison

For the Aerospace & Defense subindustry, Cochin Shipyard's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cochin Shipyard Interest Coverage vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cochin Shipyard's Interest Coverage falls into.


NSE:COCHINSHIP
91GF Score
Cochin Shipyard Ltd NSE:COCHINSHIP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cochin Shipyard Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cochin Shipyard's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Cochin Shipyard's Interest Expense was ₹0 Mil. Its Operating Income was ₹9,923 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5,590 Mil.

GuruFocus does not calculate Cochin Shipyard's interest coverage with the available data.

Cochin Shipyard's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Cochin Shipyard's Interest Expense was ₹0 Mil. Its Operating Income was ₹1,608 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹ Mil.

Cochin Shipyard had no debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 6.34 mean?
Cochin Shipyard (NSE:COCHINSHIP) has a Interest Coverage of 6.34 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cochin Shipyard and its competitors. This is 69% below median its historical median of 20.70. Over the past decade, Cochin Shipyard's Interest Coverage has ranged from 6.00 to 39.08. According to the industry distribution chart, Cochin Shipyard ranks #152 out of 235 companies in the Aerospace & Defense industry, placing it in the top 64.7%.
Is Cochin Shipyard's Interest Coverage too high?
Cochin Shipyard's current Interest Coverage of 6.34 is 69% below median its 10-year median of 20.70. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 39.08. The Aerospace & Defense industry median Interest Coverage is 9.33. Cochin Shipyard's value of 6.34 is 32% below this industry median. Based on the distribution chart, Cochin Shipyard ranks #152 out of 235 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Cochin Shipyard has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cochin Shipyard's Interest Coverage compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Cochin Shipyard ranks #152 out of 235 companies for Interest Coverage. This places Cochin Shipyard in the lower half of its industry. The industry median Interest Coverage is 9.33. Cochin Shipyard's value of 6.34 is 32% below this benchmark. Historically, Cochin Shipyard's own Interest Coverage has ranged from 6.00 to 39.08 over the past decade. While the company's 10-year median is 20.70 vs. the industry median of 9.33, Cochin Shipyard has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 9.33, based on 235 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cochin Shipyard's current Interest Coverage of 6.34 is 32% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cochin Shipyard and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cochin Shipyard's current Interest Coverage is 6.34, which is 69% below median its own 10-year median of 20.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cochin Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Cochin Shipyard (NSE:COCHINSHIP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,716.64, compared to a current price of ₹1,385.00 — trading 19.3% below its estimated fair value. The current Interest Coverage is 6.34, which is 69% below median its 10-year median of 20.70 and 32% below the Aerospace & Defense industry median of 9.33. Cochin Shipyard's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Cochin Shipyard (NSE:COCHINSHIP), the current Interest Coverage is 6.34 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cochin Shipyard (NSE:COCHINSHIP) Overvalued in 2026?

Based on GuruFocus' analysis, Cochin Shipyard stock appears to be undervalued. The current stock price of ₹1,385.00 is trading 19.3% below its estimated GF Value™ of ₹1,716.64. GuruFocus considers Cochin Shipyard to be Modestly Undervalued.

Key valuation signals for NSE:COCHINSHIP:

  • Interest Coverage: 6.34 (69% below median its 10-year median of 20.70)
  • GF Value™: ₹1,716.64 vs. price of ₹1,385.00 (19.3% below fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 32% below the Aerospace & Defense median (#152 of 235)

No single metric tells the full story. See the NSE:COCHINSHIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cochin Shipyard Business Description

Other Exchanges 540678:India
Address Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.
91GF Score

Get the complete analysis for NSE:COCHINSHIP

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,385.00
Price
₹1,716.64
GF Value