Mazagon Dock Shipbuilders Ltd (MAZDOCK)
₹2,457.00
Mkt cap
₹98,918 Cr
P/E ratio
34.60
P/B
10.15
Div yield
0.74%
ROE
29.20%
ROCE
36.00%
EPS (TTM)
₹71.01
Book value
₹242
52W range
2,065–2,997
Sector
Industrials
Price history
Previous close
Mazagon Dock Shipbuilders Limited (MDL), Mumbai, established in 1774, is a prominent shipyard in India. Initially a small dry dock, MDL has evolved into a renowned shipbuilding company. It has constructed 801 vessels since 1960, including warships, submarines, cargo/passenger ships, and offshore platforms. [1]
NSE MAZDOCKBSE 543237
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−18.02% from high₹2,457
₹2,065+18.97% from low₹2,997
Current
₹2,457.00
Prev close
₹2,454.20
Day
+0.11%
Price performance
1D
+0.11%
1W
−1.13%
1M
−4.58%
3M
+3.78%
6M
+4.44%
1Y
−10.03%
YTD
−1.50%
Financials
Revenue, profit & margin
P/E ratio
34.6×
MAZDOCK is 32% below the sector median of 50.8×
MAZDOCK34.6×
Sector median50.8×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,173 | 1,828 | 2,362 | 3,104 | 2,357 | 2,757 | 3,144 | 3,174 | 2,626 | 2,929 | 3,601 | 3,850 | 2,943 | |
| Expenses | 2,001 | 1,651 | 1,823 | 2,580 | 1,715 | 2,246 | 2,327 | 3,055 | 2,324 | 2,235 | 2,714 | 3,308 | 2,496 | |
| Operating Profit | 172 | 177 | 539 | 524 | 642 | 511 | 817 | 119 | 302 | 695 | 887 | 543 | 447 | |
| OPM % | 8% | 10% | 23% | 17% | 27% | 19% | 26% | 3.8% | 11% | 24% | 25% | 14% | 15% | |
| Other Income | 233 | 251 | 269 | 349 | 271 | 258 | 291 | 287 | 324 | 271 | 262 | 283 | 313 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 8 | 35 | 8 | 6 | 10 | 44 | |
| Depreciation | 20 | 20 | 20 | 23 | 23 | 23 | 40 | 29 | 23 | 24 | 23 | 23 | 29 | |
| Profit before tax | 383 | 407 | 786 | 849 | 889 | 740 | 1,063 | 370 | 567 | 934 | 1,120 | 793 | 686 | |
| Tax % | 25% | 25% | 25% | 26% | 25% | 25% | 28% | 21% | 26% | 24% | 25% | 20% | 25% | |
| Net Profit | 314 | 333 | 627 | 663 | 696 | 585 | 807 | 325 | 452 | 749 | 880 | 674 | 550 | |
| EPS in Rs | 7.79 | 8.25 | 15.54 | 16.43 | 17.26 | 14.50 | 20.01 | 8.06 | 11.21 | 18.58 | 21.81 | 16.84 | 13.62 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.29% · closed higher next day 8 of last 23
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 8 Nov '23◦ | 12 Feb '24◦ | 29 May '24◦ | 14 Aug '24◦ | 5 Nov '24◦ | 7 Feb '25◦ | 29 May '25◦ | 28 Jul '25◦ | 27 Oct '25◦ | 5 Feb '26◦ | 30 Apr '26◦ | 30 Jul '26◦ |
| Earnings day | +0.56% | −1.59% | −1.85% | −0.47% | +1.94% | −1.30% | −7.28% | −2.49% | −1.07% | +0.17% | −4.45% | +2.70% |
| +1 day | −0.09% | −1.07% | −5.16% | −5.48% | +1.40% | −2.02% | −9.78% | −1.08% | −1.29% | +3.09% | −3.65% | +3.06% |
| +5 days | −0.83% | −2.07% | −5.86% | −11.74% | −7.31% | −6.60% | −9.24% | +2.08% | −4.53% | −2.01% | −6.12% | +8.44% |
| +15 days | +1.75% | −4.26% | +15.99% | −11.97% | +9.44% | −3.04% | −13.19% | −0.61% | −0.96% | −7.23% | −9.62% | +10.04% |
| +30 days | +15.23% | −14.57% | +65.40% | −16.06% | +12.54% | +18.52% | −15.37% | +0.16% | −13.21% | −7.99% | −9.72% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202681.22%Promoter
Promoters81.22%
FIIs1.72%0.01
DIIs5.02%0.07
Public12.04%0.09
Ownership trend
Peers
5 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| MAZDOCK | ₹2,454.20 | 34.61 | 98,918 | 0.74% | 550 | +21.51% | 2,943 | +12.08% | 35.98% |
| COCHINSHIP | ₹1,506.40 | 67.02 | 39,607 | 0.50% | 136 | −27.71% | 910 | −6.91% | 14.28% |
| SWANDEF | ₹2,496.00 | — | 13,283 | 0.00% | −42 | −35.37% | 31 | +7,188.10% | −7.60% |
| LAXMIPATI | ₹444.40 | — | 256 | 0.00% | 24 | −30.42% | 44 | +64.34% | 21.84% |
| HRYNSHP | ₹100.98 | 3.62 | 62 | 0.00% | 4 | +548.53% | 0 | — | 11.79% |
| Median: 4 Co. | ₹1,980.30 | 50.81 | 26,445 | 0.25% | 80 | −29.07% | 477 | +38.21% | 18.06% |
Filings
Annual reports6
Concall transcripts47
PPTJul 2026PPTApr 2026PPTMar 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025PPTJul 2025TranscriptJun 2025PPTJun 2025RECJun 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024RECAug 2024TranscriptJun 2024TranscriptJun 2024TranscriptJun 2024PPTJun 2024RECJun 2024
Credit ratings5
Announcements5
Announcement under Regulation 30 (LODR)-Change in Management 7 Sep - Shri K.M. Ravi Kumar appointed Independent Director effective 7 September 2026 for three years.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 4 Sep - Mazagon Dock wins ₹117.99 crore MSETCL AI-based infrasecure project for 5 substations, to be executed in 24 months.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 28 AugShareholder Meeting / Postal Ballot-Outcome of AGM 27 AugAppointment Of Part-Time Non-Official (Independent) Director. 24 Aug - Ministry of Defence appointed K.M. Ravi Kumar as independent director for 3 years, pending DIN activation.