Led by the strong execution of order in hand, the company was able to navigate through the crisis.
Despite near-term challenges caused by the COVID-19, Cochin Shipyard was able to deliver good performance on the back of strong traction in revenue. Led by strong execution of order in hand, the company was able to navigate through the crisis. However, delays in deliveries could slow growth and hit operating margins. Also, in the light of COVID-19, its ability to manage its cash cycle efficiently will be tested.
So, should investors dive into the safe waters of Cochin Shipyard?First Published on Jun 26, 2020 12:26 pm