Capital Goods · NIFTY 500
Mazagon Dock Shipbuilders Limited
NSEMAZDOCK
BSE543237 ISININE249Z01020 SeriesEQ Listed on NSE · BSE
₹1,907.00 +17.00 (+0.90%) Updated 12 Nov, 8:49 pm IST
Price, daily close-31.42% in a year
Today
- Open
- ₹1,893.00
- Prev close
- ₹1,890.00
- Day high
- ₹1,927.30
- Day low
- ₹1,885.70
- Volume
- 5.04 L
- Value traded
- ₹96.36 Cr
- Upper circuit
- ₹1,959.50
- Lower circuit
- ₹1,845.50
- 52W high
- ₹2,848.00
- 52W low
- ₹1,687.50
- 1 month
- -7.54%
- 6 months
- -28.29%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹76,925 Cr
P/E (TTM)31.37
P/B7.35
Book value / share₹259.29
EPS (TTM)₹60.80
ROE23.5%
Dividend yield0.90%
Dividend (12m)₹17.12 / share
Net margin (TTM)19.1%
Operating margin8.1%
Debt / equity0.08
Current ratio1.63
EV / EBITDA37.12
Sales growth (YoY qtr)-16.49%
Profit growth (YoY qtr)-53.78%
Sales CAGR 3Y+18.44%
Profit CAGR 3Y—
Shares40.34 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+31%-24%+17%+14%+1.0%-17%+12%+23%+6.9%-24%-17%
Revenue · YoY (vs a year ago)
————+33%+2.3%+11%+6.3%+15%+21%+12%-16%
Net profit · QoQ (vs last quarter)
—+5.8%+5.0%-100%——-100%—+17%-23%-19%-37%
Net profit · YoY (vs a year ago)
————-100%-51%-100%——+109%—-54%
RevenueNet profitLine = trend
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————-36%-75%-100%-36%+9.0%+109%—-54%
EPS (₹)Line = trend
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,362 | 3,104 | 2,357 | 2,757 | 3,144 | 3,174 | 2,626 | 2,929 | 3,601 | 3,850 | 2,943 | 2,446 |
| Other income | 269 | 349 | 271 | 254 | 286 | 310 | 289 | 271 | 262 | 283 | 313 | 251 |
| Total income | 2,631 | 3,452 | 2,628 | 3,011 | 3,430 | 3,484 | 2,915 | 3,200 | 3,863 | 4,134 | 3,256 | 2,697 |
| Raw material | 987 | 1,728 | 1,106 | 1,368 | 973 | 1,083 | 891 | 1,201 | 1,720 | 1,826 | 949 | 649 |
| Purchases | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 353 | 0.0 | 499 | 361 | 572 | 597 | 452 |
| Employee cost | 222 | 226 | 227 | 231 | 242 | 278 | 250 | 223 | 251 | 213 | 289 | 252 |
| Other expenses | 614 | 626 | 381 | 647 | 1,111 | 1,371 | 1,183 | 311 | 382 | 697 | 661 | 893 |
| Total expenses | 1,845 | 2,604 | 1,739 | 2,271 | 2,367 | 3,114 | 2,348 | 2,266 | 2,743 | 3,340 | 2,569 | 2,298 |
| Operating profit | 539 | 524 | 642 | 511 | 817 | 90.0 | 302 | 695 | 887 | 543 | 447 | 199 |
| OPM % | 22.8% | 16.9% | 27.2% | 18.5% | 26.0% | 2.8% | 11.5% | 23.7% | 24.6% | 14.1% | 15.2% | 8.1% |
| Finance cost | 1.3 | 1.3 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 7.8 | 6.0 | 10.0 | 44.3 | 20.9 |
| Depreciation | 20.3 | 22.9 | 23.4 | 23.4 | 39.9 | 28.6 | 23.1 | 23.5 | 23.2 | 22.9 | 29.0 | 29.8 |
| Profit before tax | 786 | 849 | 889 | 740 | 1,063 | 370 | 567 | 934 | 1,120 | 793 | 686 | 399 |
| Tax | 195 | 222 | 223 | 188 | 294 | 79.4 | 148 | 224 | 283 | 161 | 174 | 102 |
| Net profit | 627 | 663 | 696 | 585 | 807 | 325 | 452 | 749 | 880 | 674 | 550 | 346 |
| Profit to shareholders | — | — | — | 0.0 | 0.0 | — | 0.0 | — | — | 679 | 549 | — |
| EPS (₹) | 31.08 | 32.87 | 34.51 | 29.01 | 20.01 | 8.06 | 0.00 | 18.58 | 21.81 | 16.84 | 13.62 | 8.53 |
Profit & loss
Results for each year
6 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY21
FY22
FY23
FY24
FY25
FY26
Revenue · YoY (vs a year ago)
—+42%+37%+21%+21%+14%
Net profit · YoY (vs a year ago)
——-100%—+25%+7.0%
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | 4,050 | 5,733 | 7,827 | 9,467 | 11,432 | 13,006 |
| Other income | 574 | 410 | 687 | 1,101 | 1,121 | 1,139 |
| Total expenses | 3,894 | 5,380 | 7,111 | 8,143 | 9,491 | 10,909 |
| Employee cost | 655 | 799 | 793 | 897 | 979 | 983 |
| Operating profit | 97.8 | 421 | 798 | 1,412 | 2,060 | 2,266 |
| OPM % | 2.4% | 7.3% | 10.2% | 14.9% | 18.0% | 17.4% |
| Finance cost | 8.4 | 7.2 | 6.4 | 5.1 | 4.4 | 71.6 |
| Depreciation | 59.7 | 74.5 | 75.6 | 83.1 | 115 | 96.7 |
| Profit before tax | 604 | 749 | 1,403 | 2,425 | 3,062 | 3,237 |
| Tax | 150 | 186 | 357 | 616 | 784 | 815 |
| Tax rate % | 24.9% | 24.9% | 25.4% | 25.4% | 25.6% | 25.2% |
| Net profit | 514 | 611 | 1,119 | 1,937 | 2,414 | 2,578 |
| Profit to shareholders | 0.0 | — | 0.0 | — | — | 2,583 |
| Net margin % | 0.0% | 10.7% | 0.0% | 20.5% | 21.1% | 19.9% |
| EPS (₹) | 25.48 | 30.29 | 55.48 | 96.04 | 59.83 | 64.04 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 25
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—+31%+27%+23%—
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|---|
| Shareholders' equity | 4,760 | 6,243 | 7,940 | 9,755 | 10,459 |
| Long-term borrowings | 0.0 | 0.0 | 0.0 | 72.0 | 385 |
| Short-term borrowings | 0.0 | 0.0 | 0.0 | 368 | 419 |
| Total borrowings | — | — | — | 440 | 804 |
| Current liabilities | 24,140 | 22,634 | 19,823 | 15,856 | 12,122 |
| Fixed assets (PPE) | 1,007 | 820 | 1,444 | 2,049 | 1,987 |
| Inventories | 7,357 | 5,713 | 4,537 | 2,617 | 2,906 |
| Trade receivables | 1,002 | 1,847 | 1,067 | 2,606 | 997 |
| Cash & equivalents | 1,868 | 3,523 | 5,285 | 2,731 | 683 |
| Current assets | 26,085 | 25,788 | 24,714 | 22,255 | 19,817 |
| Total assets | 29,463 | 29,449 | 28,708 | 27,458 | 25,142 |
| Debt / equity | — | — | — | 0.05 | 0.08 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY25
FY26
Operations · YoY (vs a year ago)
—+627%-20%+204%-239%
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -163 | 858 | 684 | 2,078 | -2,891 |
| Cash from investing | 326 | 508 | 1,420 | -1,299 | 1,209 |
| Cash from financing | -183 | -218 | -449 | -712 | -738 |
| Spent on fixed assets | -32.0 | -136 | -103 | -743 | -64.1 |
| Free cash flow | -195 | 722 | 581 | 1,335 | -2,955 |
| Net cash flow | -19.4 | 1,148 | 1,655 | 66.9 | -2,419 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
81.2%promoter
- Promoter & group
- 81.22%
- Public (FIIs, mutual funds, retail…)
- 18.78%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Interim Dividend - Rs 5 Per Share
- Dividend - Rs 4.62 Per Share
- Interim Dividend - Rs 7.50 Per Share
- Interim Dividend - Rs 6 Per Share
- Dividend - Rs 2.71 Per Share
- Interim Dividend - Rs 3 Per Share
- Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share
- Interim Dividend - Rs 23.19 Per Share
Board meetings
- the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Dividend.
- the Unaudited Financial Results (Standalone & Consolidated) for thequarter and period ended on 30 September 2026 and to consider declaration of Inter…
- Mazagon Dock Shipbuilders Limited has informed the Exchange about Board Meeting to be held on 30-Jul-2026 to inter-alia consider and approve the Unau…
- the unaudited Financial Results (Standalone & Consolidated) for the quarter ended Jun 30, 2026
- the Yearly Audited Financial results of the Company for the period ended March 2026 and Dividend.
Filings with NSE
- Rumour Verification - Regulation 30(11)
- Copy of Newspaper Publication
- General Updates
- General Updates
- Record Date
- Giving guarantees/indemnity/ becoming a surety for third party
- Increase in Authorised Capital
Latest news
Mazagon Dock Share Price Today: Down 2.09% at Rs 1,718.30Univest · 28 Oct, 12:30 pmMazagon Dock Shipbuilders share price jumps 15% this week. Should you buy this defence stock amid US-Iran war?Livemint · 6 Mar, 1:30 pmWhy Mazagon Dock Shipbuilders Share Price is RisingEquitymaster · 6 Mar, 1:30 pmMazagon Dock Shipbuilders Ltd. (MAZDOCK) Share Price Hits Fresh 52-Week LowUnivest · 22 Oct, 12:30 pmIs Weakness In Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?Simply Wall St · 14 Feb, 1:30 pmMazagon Dock Shipbuilders Stock Surges Ahead of Quarterly ReportGroww · 29 May, 12:30 pmWhy Mazagon Dock Shipbuilders Share Price is RisingEquitymaster · 29 Dec, 1:30 pmIndia government plans to sell 4.8% stake in Mazagon Dock ShipbuildersReuters · 3 Apr, 12:30 pmAbout
About Mazagon Dock Shipbuilders Limited
Mazagon Dock Shipbuilders Limited is listed on the NSE under the symbol MAZDOCK and belongs to the Capital Goods sector.
Company details
- Company name
- Mazagon Dock Shipbuilders Limited
- NSE symbol
- MAZDOCK
- BSE scrip code
- 543237
- ISIN
- INE249Z01020
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 12 Oct 2020
- Face value
- ₹5 per share
- Market lot
- 1 share
- Shares issued
- 40.34 crore
- Index
- NIFTY 500
- Sector (NSE)
- Capital Goods
- Industry
- Trucks/Construction/Farm Machinery
- Managing director / CEO
- Jagmohan
- Chair
- Jagmohan
- Headquarters
- Mumbai, Maharashtra, India
- Registered address
- Dockyard Road, Mumbai, Maharashtra, India - 400010
- Founded
- 1934
- Employees
- 5,770
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- mazagondock.in
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.