| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 502 | 940 | 1158 | 1310 |
| Cost of Material Consumed | 70 | 145 | 114 | 159 |
| Change in Inventory | -5 | -33 | 9 | -20 |
| Gross Margins | 87.05 | 88.09 | 89.38 | 89.39 |
| Employee Benefit Expenses | 107 | 129 | 140 | 162 |
| Other Expenses | 103 | 136 | 173 | 220 |
| EBITDA | 227 | 563 | 722 | 789 |
| OPM | 45.22 | 59.89 | 62.35 | 60.23 |
| Other Income | 22 | 15 | 75 | 92 |
| Finance Cost | 55 | 45 | 51 | 42 |
| D&A | 145 | 142 | 148 | 145 |
| EBIT | 82 | 421 | 574 | 644 |
| EBIT Margins | 16.33 | 44.79 | 49.57 | 49.16 |
| PBT | 48 | 391 | 599 | 693 |
| PBT Margins | 9.56 | 41.6 | 51.73 | 52.9 |
| Tax | 13 | 99 | 151 | 177 |
| PAT | 35 | 292 | 448 | 516 |
| NPM | 6.97 | 31.06 | 38.69 | 39.39 |
| EPS | 0.92 | 7.63 | 9.37 | 10.79 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 45.22 | 59.89 | 62.35 | 60.23 |
| Net Profit Margin | 6.97 | 31.06 | 38.69 | 39.39 |
| Earning Per Share (Diluted) | 0.92 | 7.63 | 9.37 | 10.79 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 2131 | 3075 | 2076 | 2221 |
| CWIP | 90 | 113 | 181 | 174 |
| Investments | 10 | 196 | 11 | 32 |
| Trade Receivables | 93 | 100 | 116 | 108 |
| Inventory | 22 | 55 | 46 | 66 |
| Other Assets | 166 | 892 | 1143 | 1241 |
| Total Assets | 2512 | 3431 | 3573 | 3842 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 382.5 | 382.5 | 478.21 | 478.21 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 964 | 1733 | 1889 | 2187 |
| Borrowings | 680 | 674 | 585 | 465 |
| Trade Payables | 35 | 58 | 44 | 55 |
| Other Liabilities | 450.5 | 583.5 | 576.79 | 656.79 |
| Total Liabilities | 2512 | 3431 | 3573 | 3842 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 48 | 392 | 598 | 693 |
| OPBWC | 246 | 547 | 745 | 805 |
| Change in Receivables | -43 | 9 | -15 | 10 |
| Change in Inventories | -5.8 | -34 | 9 | -19 |
| Change in Payables | -46 | 179 | -13 | 30 |
| Other Changes | 12 | -16 | -7 | -12 |
| Working Capital Change | -82.8 | 138 | -26 | 9 |
| Cash Generated From Operations | 163.2 | 685 | 719 | 814 |
| Tax | -4 | -40 | -127 | -165 |
| Cash Flow From Operations | 159.2 | 645 | 592 | 649 |
| Purchase of PPE | -102 | -124 | -173 | -260 |
| Sale of PPE | 0 | 0.5 | 0.5 | 1 |
| Cash Flow From Investment | -110.7 | 80 | 229 | -234 |
| Borrowing | 0 | 0 | -96 | 2.5 |
| Dividend | -0.3 | -0.5 | -165 | -209.7 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -0.9 | -93.5 | -133 | -160.8 |
| Cash Flow from Financing | -1.2 | -94 | -394 | -368 |
| Net Cash Generated | 47.3 | 631 | 427 | 47 |
| Cash at the Start | -76 | -29 | 35 | 35 |
| Cash at the End | -28.7 | 602 | 462 | 82 |
Cochin International Airport Limited (CIAL) is one of India’s most renowned aviation infrastructures, celebrated globally for being the world’s first airport fully powered by solar energy. Established under a unique public–private partnership (PPP) model, CIAL has grown into a major aviation hub in South India, serving millions of passengers annually. Its strategic location, robust operational capabilities, and infrastructure expansion—such as modern terminals, cargo facilities, and international connectivity—have positioned it as a benchmark in airport management. The airport’s commitment to sustainability, efficiency, and passenger experience continues to strengthen its leadership in India’s aviation ecosystem.
In the unlisted equity space, CIAL unlisted shares have consistently attracted interest from long-term investors seeking exposure to high-quality infrastructure assets. The company’s diversified revenue streams—from aeronautical charges, cargo operations, retail, duty-free outlets, and solar power generation—provide stability and visibility of cash flows. As air travel demand rebounds and India witnesses exponential growth in domestic and international passenger movement, CIAL stands poised to benefit from increased traffic, higher commercial utilisation, and ongoing infrastructure upgrades. Its strong financial governance, reputation, and public–private ownership model further enhance investor confidence in its long-term value.
Looking ahead, CIAL’s strategic initiatives include capacity expansion, cargo infrastructure enhancement, and strengthening international route networks. The airport continues to invest heavily in technology, automation, and sustainable practices, reinforcing its position as a future-ready aviation leader. For investors evaluating unlisted shares, CIAL offers a compelling proposition backed by stable operations, government partnership, and long-term growth potential in India’s aviation sector. However, investing in unlisted securities carries inherent risks such as price opacity, lower liquidity, and dependency on sectoral performance. Conducting thorough due diligence, reviewing financial reports, and understanding valuation trends is essential before making an informed investment decision.
Q:1 How do I book Cochin International Airport Limited Unlisted Shares?Answer: You can book Cochin International Airport Limited Unlisted Shares by confirming your order with us at the trading price.
Q:2 What documents do I need to provide to buy unlisted shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque.These KYC documents are required as per SEBI regulations.
Q:3 What if I do not have a client master report?
Answer: If you do not have a client master report, you should ask your broker for it, as it is necessary for the transaction.
Q:4 How do I transfer the funds for purchasing shares?
Answer: You will need to transfer the funds via RTGS, NEFT, IMPS, or CHEQUE TRANSFER.Please note that cash deposits are not allowed.
Q:5 Can I transfer funds from any bank account to purchase shares?Answer: No, payment must be made from the same account that is mentioned in the client master report where the shares will be credited.
Q:6 Will you provide the bank details for the fund transfer?
Answer: Yes, we will provide you with the necessary bank details for transferring the funds.
Q:7 What is the payment method I should avoid when buying shares?
Answer: You should avoid cash deposits when making payments for the shares.
Q:8 Is there a specific format for transferring the payment?
Answer: Yes, the payment must be done in RTGS, NEFT, IMPS, or via cheque transfer, but not in cash.