As an industry leader in ship construction, having the best-performing ship-building ETFs can make a difference in your portfolio. These 5 funds are the cream of the crop when it comes to shipping ETFs, and they are sure to give you great returns over the long term.
The Best Ship-Building ETFs
Mazagon Dock Ship
Mazagon Dock Shipbuilders Limited constructs and repairs ships, submarines, various vessels, and engineering products.
The organization is in the business of building warships and submarines. It is divided into two major categories: shipbuilding (new construction and ship repairs) and submarines.
Nilgiri, corvettes, Godavari class frigates, patrol vessels, destroyers, trilling suction hopper dredgers, offshore supply vessels, special trade passenger cum cargo vessels, and BOP vessels are all built by the Shipbuilding segment.
The Submarine segment produces submarines such as the INS Shalki, INS Shankul, and the Scorpene submarine.
It sells Naval Platforms, destroyers, conventional submarines, frigates, offshore patrol vessels, and floating border outposts; Merchant ships sell general cargo vessels, multipurpose support vessels, offshore supply vessels, tugs, dredgers, passenger cum cargo vessels, water tankers, barges, and trawlers.
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Cochin Shipyard
Cochin Shipyard Ltd. is an Indian shipbuilding company that constructs and repairs vessels.
The company’s products and services include ship design, shipbuilding, ship repair, aircraft carriers, tankers, bulk carriers, and more.
Cochin Shipyard Ltd. earned $368,183.10 in revenue during FY 2021-2022, a 14.75% increase over the previous fiscal year, 2020-2021. The company’s market capitalization was $85.46 crore on October 20, 2022.
The company’s stock is traded on the Bombay Stock Exchange and the National Stock Exchange under the symbol COCHINSHIP.
On June 30, 2022, the company’s shareholding pattern showed a promoter stake of 72.86%, an FII stake of 2.75%, a DII stake of 4.37%, and a public stake of 20.01%. The President of India owns the entire promoter stake.
Mutual fund holdings increased from 2.28% to 2.34% in the June 2022 quarter, while FII holdings increased from 2.73% to 2.75%.
Garden Reach Ship
Garden Reach Shipbuilders & Engineers Ltd is a major shipyard in Kolkata, India. It constructs and repairs naval ships and commercial ships. GRSE also constructs export ships.
Garden Reach Workshop was established in 1884 as a small, privately owned company on the eastern bank of the Hooghly River, and it was renamed Garden Reach Workshop in 1916.
In 1960, the Government of India nationalized the company. It was granted Miniratna status, as well as financial and operational autonomy, in September 2006. It is the first Indian shipyard to construct 100 warships.
The organization reported a Standalone Total Income of $88,706,201 for the quarter ended 30-09-2022, up 16.47% from the previous quarter’s Total Income of $76,161,865 and up 57.81% from the same quarter last year’s Total Income of $56,210,210.
The company had $921,592 shares outstanding as of December 31, 2022.
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Knowledge Marine & E
Knowledge Marine & Engineering Works Limited is an India-based company engaged in the ownership, chartering/hiring, operation, and technical maintenance of marine crafts, dredging, and repairs/maintenance of marine crafts, marine infrastructure, and allied works.
The company’s segments include: dredging, owning and operating marine and ancillary crafts, and repairing and maintenance of marine crafts and marine infrastructure are the company’s segments. The pilot boat, speed patrol boat, survey boat, grab dredger, trailing suction hopper dredger, mooring launches, and service boat are among its fleets.
Over the last three years, the company’s revenue has increased by 100.16%. Over the previous 3 years, the organization has maintained a healthy ROE of 47.55%. Over the past 3 years, the organization has maintained a healthy ROCE of 39.52%.
The company’s interest coverage ratio is 13.96. Over the past 5 years, the organization has maintained effective average operating margins of 38.96%.
Aquarius shipyard
Aquarius Shipyard Limited is a public company that was founded on February 24, 2000. It is a public limited company based in Karaswada, Goa.
Over the past 3 years, the organization has maintained a healthy ROCE of 21.12%. The company is almost debt-free.
The company’s interest coverage ratio is 221.69. The Cash Conversion Cycle of the company is -989.45 days. The promoters control 74.50% of the company.
The company has an authorized share capital of $1,841,196 and a total paid-up capital of $1,288,837.
Conclusion
It’s important to choose an investment product that’s right for you.
The five recommended ship-building ETFs are simply the ones I found most interesting and useful, and there may be others that might suit your needs better than these.
You should always take the advice of a professional financial advisor or advisor who can help you make the best investment decisions for your situation and needs.
