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  3. Goa Shipyard – Revenue Crosses ₹4,000 Cr for the First Time

Goa Shipyard – Revenue Crosses ₹4,000 Cr for the First Time

26 Sept 2026

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Key Takeaways

  • Goa Shipyard delivered a record FY26 performance, supported by higher vessel deliveries, improving exports and a strong naval order pipeline. The key monitorable is the conversion of the ₹13,000+ Cr order book and potential ₹32,400 Cr pipeline into sustained revenue and profitability growth.

  • Goa Shipyard delivered a record FY26 performance, supported by higher vessel deliveries, improving exports and a strong naval order pipeline. The key monitorable is the conversion of the ₹13,000+ Cr order book and potential ₹32,400 Cr pipeline into sustained revenue and profitability growth.

Goa Shipyard Unlisted Shares

Goa Shipyard

0.34%

Expert Analysis

Expert Analysis:

  • Record revenue: Goa Shipyard’s total revenue reached ₹4,004 Cr in FY26, crossing the ₹4,000 Cr mark for the first time, while revenue from operations grew 32% YoY to ₹3,764 Cr.

  • Profitability remained strong: EBITDA increased to ₹522 Cr from ₹460 Cr, while PBT grew 17% YoY to ₹442 Cr, taking net worth to a record ₹1,936 Cr.

  • Strong order visibility: The order book stood at over ₹13,000 Cr as of March 31, 2026, with the pipeline expected to rise to around ₹32,400 Cr after the formal signing of an upcoming high-value naval contract.

  • Exports gaining traction: Export turnover increased 55% to ₹127 Cr, supported by international projects including a floating dry dock for a foreign navy and a trailing suction hopper dredger for a European client.

Publisher:The Times Of India