MAZDOCK vs Cochin Shipyard: share price, P/E, ROE and financials compared
Mazagoan Dock Shipbuilders
Cochin Shipyard
MAZDOCK and Cochin Shipyard at a glance
MAZDOCK and Cochin Shipyard are both listed in Capital Goods. MAZDOCK is the larger by market cap, at ₹74,222 Cr against ₹32,096 Cr for Cochin Shipyard (2.3 times as large). On valuation, MAZDOCK has the lower P/E (30.3× against 47.2×), while Cochin Shipyard has the lower price-to-book (5.46× against 7.10×). On returns and margins, MAZDOCK has the higher ROCE (28.5% against 16.7%), the higher ROE (23.2% against 12.5%) and the higher operating margin (16.2% against 12.6%). Over three years, Cochin Shipyard has faster 3-year sales growth (+26.9% against +19.6% a year). MAZDOCK carries less debt for its equity, with a debt-to-equity of 0.08× against 0.28×.
Key metrics, side by side
| Metric | MAZDOCKMAZDOCK | Cochin ShipyardCOCHINSHIP |
|---|---|---|
| Price (₹) | 1,840.00 | 1,220.00 |
| Market cap (₹ Cr) | 74,222 | 32,096 |
| P/E | 30.3× (the lower figure, shaded) | 47.2× |
| P/B | 7.10× | 5.46× (the lower figure, shaded) |
| Dividend yield, trailing | 0.93% (the higher figure, shaded) | 0.74% |
| ROE | 23.2% (the higher figure, shaded) | 12.5% |
| ROCE | 28.5% (the higher figure, shaded) | 16.7% |
| Operating margin (OPM) | 16.2% (the higher figure, shaded) | 12.6% |
| Net margin (NPM) | 17.7% (the higher figure, shaded) | 13.5% |
| Sales CAGR 3Y | +19.6% | +26.9% (the higher figure, shaded) |
| Profit CAGR 3Y | +32.2% | +33.0% |
| Debt to equity | 0.08× (the lower figure, shaded) | 0.28× |
| Interest cover | 46.1× (the higher figure, shaded) | 11.8× |
| Net profit TTM (₹ Cr) | 2,452 | 680 |
| 1Y return | −31.5% | −30.3% (the higher figure, shaded) |
| Promoter holding | 81.22% | – |
MAZDOCK vs Cochin Shipyard: common questions
Which is bigger, MAZDOCK or Cochin Shipyard?
By market cap, MAZDOCK is bigger at ₹74,222 Cr, against ₹32,096 Cr for Cochin Shipyard (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹2,452 Cr for MAZDOCK and ₹680 Cr for Cochin Shipyard.
Which has a lower P/E ratio, MAZDOCK or Cochin Shipyard?
MAZDOCK trades at a P/E of 30.3× and Cochin Shipyard at 47.2×. MAZDOCK has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, MAZDOCK or Cochin Shipyard?
MAZDOCK reports a return on equity of 23.2% and Cochin Shipyard 12.5%. MAZDOCK has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, MAZDOCK or Cochin Shipyard?
Over the last three years: Sales grew +19.6% a year at MAZDOCK and +26.9% at Cochin Shipyard, so Cochin Shipyard grew sales faster; profit grew +32.2% a year at MAZDOCK and +33.0% at Cochin Shipyard. Past growth doesn’t predict future growth.