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3 Defence shipbuilders sitting on a combined Rs 56,900 crore order book

Posted on July 10, 2026
By Financial Express
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1 min read

3 Defence shipbuilders sitting on a combined Rs 56,900 crore order book

India's public shipbuilders boast massive order books backed by defence pipelines. However, FY26 data shows execution and cash conversion will decide if they can justify premium valuations.