Tebma

Chennai, India Founded: 1984 • Age: 42 yrs Listed Acquired By Cochin Shipyard
Vessels for the offshore segment are designed and constructed.

About Tebma

Tebma is a publicly listed company based in Chennai (India) founded in 1984, and was acquired by Cochin Shipyard in March 2020. Vessels for the offshore segment are designed and constructed. The company has 5,516 employees. Its Indian entity Cochin Shipyard Limited reported revenue of β‚Ή5,432 Cr. Its focus areas include Transportation and Logistics, Maritime Shipping, Shipping Vessels and Off-shore supply.

Company details

Tebma was founded in 1984 in Chennai, India, and focuses on the design and construction of vessels for the offshore sector. Operations center on producing specialized ships, including tugs, dredgers, floating cranes, LPG carriers, survey launches, platform supply vessels, anchor handling tugs, utility vessels, and offshore support vessels. The company serves maritime needs in dredging, towing, and support activities within the region.

  • Headquarters Chennai, India
  • Employees 5,516
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website tebma.com
  • Acquired by Cochin Shipyard (Mar 2020)
  • Legal Name Cochin Shipyard Limited
  • Date of Incorporation 29 Mar, 1972
  • Jurisdiction Ernakulam, Kerala, India
Key Metrics
  • Market Cap
    ₹29,557 Cr

    COCHINSHIP · NSE

  • Share Price
    ₹1,129.90

    +0.57% today

  • Revenue
    ₹5,022 Cr

    FY 2025-26 · +4.2% YoY

  • EBITDA
    ₹830 Cr

    Margin 16.5%

  • Net Profit
    ₹718 Cr

    FY 2025-26 · -13.3% YoY

  • P/E (TTM)
    43.9x

    P/B 5.1x

  • ROE
    12.5%

    ROCE 16.1%

  • Debt / Equity
    0.19

    Interest cover 15.9x

  • Investors
  • Employee Count
    5,516
  • Acquired by
    Cochin Shipyard

    & 1 more

    (Mar 2020)

Funding Insights of Tebma

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Tebma with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2007Series A––
Valuation history

3 investors in total: 3 institutional.

Investors in Tebma

Tebma has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Cochin Shipyard, ICICI Venture and Bharati Shipyard.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Alternative asset management and investment services in India.
1988iciciventure.comMumbai, India
Ship design and engineering services are provided globally.
1972cochinshipyard.inKochi, India
Specialized vessels are manufactured across multiple shipyards in India.
1973bharatishipyard.comMumbai, India
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Investor details for Tebma

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  • Round participation
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Board of directors of Cochin Shipyard Limited (Tebma)

Cochin Shipyard Limited is the primary company behind Tebma. The boards of the 3 registered companies of Tebma currently have 9 directors; the longest-serving is Valiyaparambil Jacob Jose, appointed in 2019. 83 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Valiyaparambil Jacob Jose
DIN 08444440
Whole-time director01 Aug 20197 yrs 2 moCochin Shipyard Limited, Udupi Cochin Shipyard Limited
Bejoy Bhasker
DIN 08103825
Director15 Sep 20206 yrs 1 moTebma Shipyards Limited, Udupi Cochin Shipyard Limited
Anjana Kariyal Rajakumaran
DIN 09545253
Nominee Director06 Jan 20242 yrs 9 moUdupi Cochin Shipyard Limited
Seema Suri
DIN 11117145
Director21 May 20251 yr 5 moCochin Shipyard Limited
Pullichalil Bava Nooh
DIN 09701541
Nominee Director20 Jun 20251 yr 4 moCochin Shipyard Limited
Shiraz Villantekathu Puthiyapurayil
DIN 11170690
Nominee Director23 Jul 20251 yr 3 moUdupi Cochin Shipyard Limited
Sivaperumal Venkatesapathy
DIN 07407879
Nominee Director07 Aug 20251 yr 2 moCochin Shipyard Limited
Rajesh Gopalakrishnan
DIN 09576336
Whole-time director27 Aug 20251 yr 2 moCochin Shipyard Limited, Udupi Cochin Shipyard Limited
Sankaranarayanapillai Harikrishnan
DIN 10221559
Whole-time director27 Aug 20251 yr 2 moCochin Shipyard Limited, Udupi Cochin Shipyard Limited

People of Tebma

12 people are tracked at Tebma (2 in leadership, 10 in team); the tracked headcount is 5,516.

NameRoleGroup
P K Balasubramanian
CEOLeadership
Sivaram Swamy
HEAD Business DevelopmentLeadership
Mani Kandan
Assistant Manager - Human ResourceTeam
Rajas Santhosh Kumar
MangerTeam
Praveen Kumar
ITTeam
Ravi Chandran
Business Development ManagerTeam
Kali Rajan
Store SupervisingTeam
Lohith J Shriyan
Contract OfficerTeam
Usha Nair
Stores OfficerTeam
Ragesh Sathiyan
ManagerTeam
Vasanthkumar Managlore
Manager HR And AdminTeam
Shalini Dubey
Assistant Manager- HRTeam
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Complete people profiles for Tebma

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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IPO & Listings of Tebma

Tebma is a publicly listed company on the NSE with ticker symbol COCHINSHIP in India, operating in the Aerospace & Defence sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: COCHINSHIP
  • Listed entityCochin Shipyard Limited
  • Exchange sectorAerospace & Defence

Financials of Tebma

Exchange-reported figures of Cochin Shipyard Limited, the listed company behind Tebma (NSE: COCHINSHIP).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹5,022 Cr
+4.2% YoY
EBITDA
₹830 Cr
-7.2% YoY
Profit After Tax
₹718 Cr
-13.2% YoY
Net Worth
₹5,873 Cr
+5.3% YoY
Total Assets
₹7,609 Cr
+22.9% YoY
Total Debt
₹1,672 Cr
+198.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5,0224,8203,8302,3653,1912,8193,422
Revenue growth+4.2%+25.8%+62.0%-25.9%+13.2%-17.6%-
EBITDA830894882262623723711
EBITDA margin+16.5%+18.6%+23.0%+11.1%+19.5%+25.6%+20.8%
Profit before tax9991,1251,071418766808858
Net profit718827783260566600630
Net profit margin+14.3%+17.2%+20.5%+11.0%+17.7%+21.3%+18.4%
EPS (β‚Ή)27.2431.4529.7723.1642.8746.2748.05
Balance sheet
Total assets7,6096,1935,5515,0604,9854,6074,251
Net worth5,8735,5795,0034,4284,3934,0333,723
Total debt1,672560502587554540123
Cash & bank2,4063,1133,8644,7583,2132,2092,195
Net working capital3,7382,4822,1342,1752,4122,1442,273
Cash flow
Cash from operations(1,234)(284)(172)1,8891,398710253
Cash from investing327538481(35.32)(1,007)(443)(97.41)
Cash from financing696(243)(371)(276)(239)(405)(309)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,0941,4841,3501,1191,0691,7581,1481,143
Revenue growth (YoY)+2.4%-15.6%+17.7%-2.2%+38.5%---
Other income67.0415771.1412754.3315746.78101
EBITDA19331018773.66241266237197
EBITDA margin+17.7%+20.9%+13.8%+6.6%+22.6%+15.1%+20.7%+17.3%
Depreciation32.3731.9932.9230.9033.9827.0931.5225.63
Interest25.3632.2528.0420.1512.1711.7610.859.36
Profit before tax202403197150250384242263
Tax51.0312652.1142.3861.7196.8964.8774.50
Net profit151276145108188287177189
EPS (β‚Ή)5.7610.515.504.097.1410.926.737.18
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,3084,5283,6452,3303,1902,8193,422
Revenue growth-4.9%+24.2%+56.4%-26.9%+13.2%-17.6%-
EBITDA691886885273635727714
EBITDA margin+16.0%+19.6%+24.3%+11.7%+19.9%+25.8%+20.9%
Profit before tax8861,1341,094448794811863
Net profit644843813288587610636
Net profit margin+15.0%+18.6%+22.3%+12.4%+18.4%+21.6%+18.6%
EPS (β‚Ή)24.4432.0430.9125.4344.5946.3848.48
Balance sheet
Total assets7,5306,1645,5595,0354,9444,5444,260
Net worth5,8935,6115,0264,4234,3593,9783,732
Total debt1,575501489567546532123
Cash & bank2,2773,0213,7844,6723,1632,1462,176
Net working capital3,5432,3682,0702,1062,3942,1292,260
Cash flow
Cash from operations(1,253)(260)(173)2,0511,415670253
Cash from investing282613478(226)(1,011)(446)(73.79)
Cash from financing667(288)(371)(272)(238)(405)(309)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9101,2141,1659519771,6511,0701,097
Revenue growth (YoY)-6.9%-26.5%+8.9%-13.3%+37.7%---
Other income72.4214973.3912754.7915644.51100
Total expenses7529949998957441,398828901
EBITDA15822016656.16234253242196
EBITDA margin+17.3%+18.1%+14.3%+5.9%+23.9%+15.3%+22.6%+17.9%
Depreciation28.0527.5228.0826.1029.1421.9926.6520.93
Interest23.6129.7025.6317.1910.6410.6010.529.05
Profit before tax178312186140249376249266
Tax42.5595.5148.3438.7360.7991.6564.7173.28

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,0941,4841,3501,1191,0691,7581,1481,143
Revenue growth (YoY)+2.4%-15.6%+17.7%-2.2%+38.5%---
Other income67.0415771.1412754.3315746.78101
EBITDA19331018773.66241266237197
EBITDA margin+17.7%+20.9%+13.8%+6.6%+22.6%+15.1%+20.7%+17.3%
Depreciation32.3731.9932.9230.9033.9827.0931.5225.63
Interest25.3632.2528.0420.1512.1711.7610.859.36
Profit before tax202403197150250384242263
Tax51.0312652.1142.3861.7196.8964.8774.50
Net profit151276145108188287177189
EPS (β‚Ή)5.7610.515.504.097.1410.926.737.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5,0224,8203,8302,3653,1912,8193,422
Revenue growth+4.2%+25.8%+62.0%-25.9%+13.2%-17.6%-
Other income410389310269265203245
Total expenses4,1923,9252,9492,1032,5682,0962,711
Employee cost472426390337314292306
EBITDA830894882262623723711
EBITDA margin+16.5%+18.6%+23.0%+11.1%+19.5%+25.6%+20.8%
Depreciation13010374.5868.8468.0259.8348.94
Interest11155.2046.2243.2953.1658.2649.89
Profit before tax9991,1251,071418766808858
Tax282298288114202199226
Net profit718827783260566600630
Net profit margin+14.3%+17.2%+20.5%+11.0%+17.7%+21.3%+18.4%
EPS (β‚Ή)27.2431.4529.7723.1642.8746.2748.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital132132132132132132132
Reserves & surplus5,7415,4484,8724,2964,2623,9023,591
Shareholders' funds (net worth)5,8735,5795,0034,4284,3934,0333,723
Minority interest0.000.000.000.000.000.000.00
Secured loans1,09969.0123.02133126123123
Unsecured loans5734914794544284170.00
Total debt1,672560502587554540123
Total liabilities7,6096,1935,5515,0604,9854,6074,251
Assets
Gross block3,8603,6261,4431,3491,2941,127947
Net block3,1643,047968953970867764
Capital work in progress5875162,1961,6191,2641,176799
Investments1130.190.130.110.090.090.09
Inventories2,2881,8961,026373298464318
Sundry debtors423225303338437353288
Cash & bank balances2,4063,1133,8644,7583,2132,2092,195
Loans & advances5,4894,4483,4261,6671,8932,0591,632
Total current assets10,6079,6828,6207,1375,8415,0864,433
Total current liabilities6,8687,2006,4864,9613,4282,9422,160
Net working capital3,7382,4822,1342,1752,4122,1442,273
Total assets7,6096,1935,5515,0604,9854,6074,251
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3173063685043518671,021
Net cash from operating activities(1,234)(284)(172)1,8891,398710253
Net cash from investing activities327538481(35.32)(1,007)(443)(97.41)
Net cash from financing activities696(243)(371)(276)(239)(405)(309)
Net change in cash(211)10.26(61.56)1,578152(138)(154)
Closing cash2,4063,1133,8644,7583,2132,2092,195
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.2%+25.8%+62.0%-25.9%+13.2%-17.6%-
EBITDA growth-7.2%+1.5%+236.8%-58.0%-13.9%+1.6%-
PBT growth-11.2%+5.1%+155.9%-45.4%-5.2%-5.8%+14.7%
Net income growth-13.3%+5.6%+201.6%-54.1%-5.6%-4.9%-
Revenue CAGR (3Y)+28.5%+14.7%+10.8%-11.6%+2.5%+6.2%-
EBITDA CAGR (3Y)+46.9%+12.8%+6.8%-28.4%+2.9%+15.9%-
Profitability & leverage
Net income margin+14.3%+17.2%+20.5%+12.9%+17.7%+21.6%+18.5%
Return on capital employed+16.1%+20.1%+21.1%+8.0%+17.1%+19.6%+23.5%
Return on net worth+12.5%+15.6%+16.6%+5.9%+13.4%+15.7%+17.9%
Debt / equity0.190.100.120.130.130.090.03
Long-term debt / equity0.090.090.100.110.120.080.03
Interest cover15.896.985.7322.449.598.797.53
Efficiency & per share
Fixed asset turnover1.341.902.741.792.642.724.69
Inventory turnover2.403.305.487.048.377.2111.30
Debtors turnover15.5018.2511.946.108.078.7910.06
EPS (β‚Ή)27.2431.4529.7723.1642.8746.2748.05
Dividend per share (β‚Ή)9.009.759.7517.0016.7515.5016.63
Book value per share (β‚Ή)223.23212.07190.18336.60333.98306.63283.02
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9101,2141,1659519771,6511,0701,097
Revenue growth (YoY)-6.9%-26.5%+8.9%-13.3%+37.7%---
Other income72.4214973.3912754.7915644.51100
Total expenses7529949998957441,398828901
EBITDA15822016656.16234253242196
EBITDA margin+17.3%+18.1%+14.3%+5.9%+23.9%+15.3%+22.6%+17.9%
Depreciation28.0527.5228.0826.1029.1421.9926.6520.93
Interest23.6129.7025.6317.1910.6410.6010.529.05
Profit before tax178312186140249376249266
Tax42.5595.5148.3438.7360.7991.6564.7173.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,3084,5283,6452,3303,1902,8193,422
Revenue growth-4.9%+24.2%+56.4%-26.9%+13.2%-17.6%-
Other income405380307268266194248
Total expenses3,6173,6422,7602,0572,5552,0922,708
Employee cost445406375326308292306
EBITDA691886885273635727714
EBITDA margin+16.0%+19.6%+24.3%+11.7%+19.9%+25.8%+20.9%
Depreciation11183.6456.9351.1554.4153.0748.73
Interest98.3349.1542.1741.7952.5157.4649.56
Profit before tax8861,1341,094448794811863
Tax243291281114208200226
Net profit644843813288587610636
Net profit margin+15.0%+18.6%+22.3%+12.4%+18.4%+21.6%+18.6%
EPS (β‚Ή)24.4432.0430.9125.4344.5946.3848.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital132132132132132132132
Reserves & surplus5,7615,4794,8944,2924,2283,8463,600
Shareholders' funds (net worth)5,8935,6115,0264,4234,3593,9783,732
Secured loans23.0223.0223.02126126123123
Unsecured loans1,5524784664414214090.00
Total debt1,575501489567546532123
Total liabilities--5,5595,0354,9444,5444,260
Assets
Gross block3,5123,2921,1271,0591,029990939
Net block2,9252,804722716740756756
Capital work in progress5845112,1891,6031,2471,062768
Investments47535935533626221465.45
Inventories2,1421,761959350288436318
Sundry debtors412225294330437353288
Cash & bank balances2,2773,0213,7844,6723,1632,1462,176
Loans & advances5,2044,2423,3551,6281,8812,0521,628
Total current assets10,0359,2508,3916,9815,7694,9884,410
Total current liabilities6,4926,8826,3214,8743,3752,8592,149
Net working capital3,5432,3682,0702,1062,3942,1292,260
Total assets7,5306,1645,5595,0354,9444,5444,260
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash311246311456290849978
Net cash from operating activities(1,253)(260)(173)2,0511,415670253
Net cash from investing activities282613478(226)(1,011)(446)(73.79)
Net cash from financing activities667(288)(371)(272)(238)(405)(309)
Net change in cash(304)65.00(65.15)1,553166(181)(130)
Closing cash2,2773,0213,7844,6723,1632,1462,176
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-4.9%+24.2%+56.4%-26.9%+13.2%-17.6%-
EBITDA growth-22.0%+0.1%+224.1%-57.0%-12.7%+1.8%-
PBT growth-21.8%+3.7%+143.8%-43.5%-2.0%-6.1%+14.9%
Net income growth-23.6%+3.6%+182.0%-50.8%-3.9%-4.1%-
Revenue CAGR (3Y)+22.7%+12.4%+9.0%-12.0%+2.5%+6.2%+18.5%
EBITDA CAGR (3Y)+36.3%+11.8%+6.8%-27.4%+3.4%+16.1%+22.8%
Profitability & leverage
Net income margin+14.9%+18.6%+22.3%+14.4%+18.4%+21.6%+18.6%
Return on capital employed+14.4%+20.2%+21.4%+8.6%+17.9%+19.7%+23.6%
Return on net worth+11.2%+15.9%+17.2%+6.6%+14.1%+15.8%+18.1%
Debt / equity0.180.090.110.130.130.090.03
Long-term debt / equity0.090.090.090.110.120.080.03
Interest cover16.956.125.0918.839.058.527.45
Efficiency & per share
Fixed asset turnover1.272.053.342.233.162.924.72
Inventory turnover2.213.335.577.308.817.4811.30
Debtors turnover13.5317.4511.696.088.088.7910.06
EPS (β‚Ή)24.4432.0430.9125.4344.5946.3848.48
Dividend per share (β‚Ή)9.009.759.7517.0016.7515.5016.63
Book value per share (β‚Ή)223.99213.27191.04336.28331.39302.38283.70

Timeline of Tebma

4 dated milestones of Tebma across 36 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tebma is founded.
  2. Funding First funding round.
  3. Exit Acquired by Bharati Shipyard.
  4. Exit Acquired by Cochin Shipyard.

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Frequently Asked Questions about Tebma

Tebma was founded in 1984 and raised its 1st funding round 23 years after it was founded.

Tebma is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Tebma has 5,516 employees.

The primary company behind Tebma, Cochin Shipyard Limited, reported revenue of β‚Ή5,432 Cr for FY 2026, up 4% year on year.

Tebma was founded in 1984 in Chennai, India, and focuses on the design and construction of vessels for the offshore sector. Operations center on producing specialized ships, including tugs, dredgers, floating cranes, LPG carriers, survey launches, platform supply vessels, anchor handling tugs, utility vessels, and offshore support vessels. The company serves maritime needs in dredging, towing, and support activities within the region.

Yes, Tebma is publicly traded on NSE under the ticker symbol COCHINSHIP.

Tebma has 3 investors. Key investors include Cochin Shipyard, ICICI Venture, and Bharati Shipyard.

Tebma is associated with 3 legal entities: Cochin Shipyard Limited, Tebma Shipyards Limited, Udupi Cochin Shipyard Limited.

Yes. Tebma was acquired by Cochin Shipyard in March 2020.

The legal entities of Tebma currently have 15 directors, including Valiyaparambil Jacob Jose, Pullichalil Bava Nooh, Sivaperumal Venkatesapathy and others.

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