Cochin Shipyard Limited vs Swan Defence and Heavy Industries Limited
An objective side-by-side of COCHINSHIP and SWANDEF, both in Ship Building & Allied Services: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-10-13 close
Latest results: COCHINSHIP Jun 2026 · SWANDEF Jun 2026
At a glance
- Cochin Shipyard Limited is the larger company by market value, about 2.1 times the size of Swan Defence and Heavy Industries Limited.
- Cochin Shipyard Limited earns the higher return on equity (11.6% against -35.5%).
- Over three years Cochin Shipyard Limited has grown profits faster (40% a year against 23%).
| Metric | Cochin Shipyard COCHINSHIP |
Swan Defence SWANDEF |
|---|---|---|
| Size and price | ||
| Market cap | ₹33,280 Cr | ₹15,637 Cr |
| Share price | ₹1,265.00 | ₹2,968.20 |
| Valuation | ||
| P/E | 48.94 | — |
| P/B | 5.67 | 23.44 |
| EV/EBITDA | 45.76 | -56.31 |
| PEG | 1.22 | — |
| Dividend yield | 0.8% | 0.0% |
| Profitability | ||
| ROE | 11.6% | -35.5% |
| ROCE | 16.0% | -8.0% |
| Operating margin | 15.1% | -95.7% |
| Sales (TTM) | ₹5,047 Cr | ₹312 Cr |
| Net profit (TTM) | ₹680 Cr | ₹-237 Cr |
| Growth | ||
| Latest quarter sales YoY | +2.4% | — |
| Latest quarter profit YoY | -19.4% | -34.5% |
| Sales CAGR 3Y | +29.0% | +347.0% |
| Profit CAGR 3Y | +40.0% | +23.0% |
| Sales CAGR 5Y | +12.0% | +114.0% |
| Profit CAGR 5Y | +4.0% | +14.0% |
| Financial strength | ||
| Debt/Equity | 0.28 | 1.80 |
| Interest cover | 7.39 | -31.37 |
| Ownership | ||
| Promoter holding | 67.9% | 89.9% |
| Promoter change (4 qtrs) | +0.00 pp | -5.01 pp |
| Price performance | ||
| Return 1M | -16.80% | +11.47% |
| Return 3M | -9.05% | +34.45% |
| Return 1Y | -31.24% | — |
| Return YTD | -21.92% | +113.82% |
| Technical condition | ||
| Technical score | 13 | 83 |
| RS rating (1-99) | 28.00 | 99.00 |
| % vs 200-DMA | -14.47% | +54.81% |
| RSI (14) | 38.62 | 73.76 |
| % from 52-week high | -32.14% | -1.72% |
