Cochin Shipyard (BOM:540678) Dividend Payout Ratio: 0.33 (As of Mar. 2026) — Near Median

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BOM:540678 Cochin Shipyard Ltd BOM:540678
91 GF Score
Price ₹1,403.10
GF Value ₹1,707.58
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Cochin Shipyard Dividend Payout Ratio?

Cochin Shipyard BOM:540678 -0.27% 91 Dividend Payout Ratio is 0.33 as of Mar. 2026, which is 6% below its 10-year median of 0.35. GuruFocus rates BOM:540678 with a GF Score™ of 91/100 and a GF Value™ of ₹1,707.58 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 154 Aerospace & Defense companies, Cochin Shipyard ranks worse than 55.19% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Cochin Shipyard's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.33.

The historical rank and industry rank for Cochin Shipyard's Dividend Payout Ratio or its related term are showing as below:

BOM:540678' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.35   Max: 0.9
Current: 0.36


During the past 13 years, the highest Dividend Payout Ratio of Cochin Shipyard was 0.90. The lowest was 0.30. And the median was 0.35.

BOM:540678's Dividend Payout Ratio is ranked worse than
55.19% of 154 companies
in the Aerospace & Defense industry
Industry Median: 0.33 vs BOM:540678: 0.36

As of today (2026-07-20), the Dividend Yield % of Cochin Shipyard is 0.69%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cochin Shipyard was 8.01%. The lowest was 0.32%. And the median was 3.21%.

Cochin Shipyard's Dividends per Share for the months ended in Mar. 2026 was ₹3.50.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cochin Shipyard was 8.90% per year. The lowest was -13.70% per year. And the median was 6.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Cochin Shipyard (BOM:540678) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Cochin Shipyard Dividend Payout Ratio Related Terms


Cochin Shipyard Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Cochin Shipyard's Dividend Payout Ratio 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.

Cochin Shipyard Dividend Payout Ratio Chart

Cochin Shipyard Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.90 0.30 0.31 0.36

Cochin Shipyard Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio 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 0.32 0.00 0.55 0.73 0.33

BOM:540678 vs SPCX, GE, RTX: Dividend Payout Ratio Comparison

For the Aerospace & Defense subindustry, Cochin Shipyard's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Aerospace & Defense Industry

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

* The bar in red indicates where Cochin Shipyard's Dividend Payout Ratio falls into.


BOM:540678
91GF Score
Cochin Shipyard Ltd BOM:540678
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cochin Shipyard Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Cochin Shipyard's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=9.75/ 27.24
=0.36

Cochin Shipyard's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=3.5/ 10.51
=0.33

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.33 mean?
Cochin Shipyard (BOM:540678) has a Dividend Payout Ratio of 0.33 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cochin Shipyard and its competitors. This is near median its historical median of 0.35. Over the past decade, Cochin Shipyard's Dividend Payout Ratio has ranged from 0.30 to 0.90. According to the industry distribution chart, Cochin Shipyard ranks #85 out of 154 companies in the Aerospace & Defense industry, placing it in the top 55.2%.
Is Cochin Shipyard's Dividend Payout Ratio too high?
Cochin Shipyard's current Dividend Payout Ratio of 0.33 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.90. The Aerospace & Defense industry median Dividend Payout Ratio is 0.33. Cochin Shipyard's value of 0.33 is 0% at this industry median. Based on the distribution chart, Cochin Shipyard ranks #85 out of 154 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 Dividend Payout Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Cochin Shipyard ranks #85 out of 154 companies for Dividend Payout Ratio. This places Cochin Shipyard in the lower half of its industry. The industry median Dividend Payout Ratio is 0.33. Cochin Shipyard's value of 0.33 is 0% at this benchmark. Historically, Cochin Shipyard's own Dividend Payout Ratio has ranged from 0.30 to 0.90 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.33, Cochin Shipyard has consistently been at 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 Dividend Payout Ratio for an Aerospace & Defense company?
The median Dividend Payout Ratio among Aerospace & Defense companies is 0.33, based on 154 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cochin Shipyard's current Dividend Payout Ratio of 0.33 is 0% at 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cochin Shipyard and its competitors. For the Aerospace & Defense industry, the median Dividend Payout Ratio is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cochin Shipyard's current Dividend Payout Ratio is 0.33, which is near median its own 10-year median of 0.35. 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 (BOM:540678) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,707.58, compared to a current price of ₹1,403.10 — trading 17.8% below its estimated fair value. The current Dividend Payout Ratio is 0.33, which is near median its 10-year median of 0.35 and 0% at the Aerospace & Defense industry median of 0.33. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Cochin Shipyard (BOM:540678), the current Dividend Payout Ratio is 0.33 as of Mar. 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 (BOM:540678) Overvalued in 2026?

Based on GuruFocus' analysis, Cochin Shipyard stock appears to be undervalued. The current stock price of ₹1,403.10 is trading 17.8% below its estimated GF Value™ of ₹1,707.58. GuruFocus considers Cochin Shipyard to be Modestly Undervalued.

Key valuation signals for BOM:540678:

  • Dividend Payout Ratio: 0.33 (near median its 10-year median of 0.35)
  • GF Value™: ₹1,707.58 vs. price of ₹1,403.10 (17.8% below fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 0% at the Aerospace & Defense median (#85 of 154)

No single metric tells the full story. See the BOM:540678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cochin Shipyard Business Description

Other Exchanges COCHINSHIP: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 BOM:540678

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

₹1,403.10
Price
₹1,707.58
GF Value