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Cochin Shipyard is gearing up for strong top line in FY22: Madhu Nair

For FY22, the company said its current order book size stands at Rs 12,000 crore, which includes private, government and navy shipbuilding and ship repairs

Cochin Shipyard
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The company’s ship repair facility in Kochi witnessed 100 per cent utilisation, except during state and national lockdowns.

Aditi Divekar Mumbai
With the Covid-19 pandemic waning, state-owned Cochin Shipyard is gearing up to bring its top line back to pre-pandemic levels by executing orders in all three major business categories.

“Our orders in the indigenous category, government and private shipbuilding segments as well as the ship repair section are all into execution phase this financial year and none in design or engineering. We have, therefore, a top line growth guidance of 25 per cent for FY22 from last year,” Madhu Nair, chairman and managing director at Cochin Shipyard, told Business Standard. The 25 per cent growth looks huge on a lower base