MAZDOCK · NSE
Mazagon Dock Shipbuilders Limited
₹2,280
+3.17% (+₹70)
Prev. close
₹2,210
Volume
8,50,778
Delivery %
35.3%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bearish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 0 bull / 0 neutral / 1 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Initiated 'reduce' on Mazagon Dock Shipbuilders with a target price of ₹1,860 per share, indicating a 16.8% downside. Wh…” | HSBC AnalysisHSBC | Mazagon Dock Shipbuilders Ltd | PENDING |
Fundamentals
About Mazagon Dock Shipbuilders Limited
Mazagon Dock Shipbuilders Limited engages in the building and repairing of ships, submarines, vessels, and related engineering products in India and internationally. The company operates in two segments, Shipbuilding, and Submarine and Heavy Engineering. The company offers cargo ships, passenger ships, supply vessels, multipurpose support vessels, water tankers, tugs, dredgers, fishing trawlers, barges, and border outposts. It also provides services, including repairs and refit, designing of ships, know how provider, training, tug support, supply chain management, and self-propeller modular transporter. In addition, it offers offshore patrol vessels, fast patrol vessels, and floating boarder outposts. Further, the company provides AI products, including remotely operated vehicles, AI-enabled phased array ultrasonic testing, and AI-enabled computerized radiography. The company was formerly known as Mazagon Dock Limited and changed its name to Mazagon Dock Shipbuilders Limited in May 2015. Mazagon Dock Shipbuilders Limited was founded in 1774 and is based in Mumbai, India.
Details
Sector
Industrials
Industry
Aerospace & Defense
CEO
Captain . Jagmohan
Headquarters
Mumbai
Employees
2,782
Website
mazagondock.inExchange
View on NSE ↗Key stats
Market cap
₹89,146.98 Cr
P/E ratio (TTM)
33.2
Dividend yield
0.93%
EPS (TTM)
₹66.51
Beta (1Y · daily vs NIFTY 50)
1.44
Beta (5Y · monthly vs NIFTY 50)
2.38
Shares float
7.58 Cr
EPS · quarter ended Jun 2026
₹13.62
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹4,049.69 Cr | ₹5,733.28 Cr | ₹7,827.18 Cr | ₹9,466.58 Cr | ₹11,431.88 Cr | ₹13,006.31 Cr | |
| EBITDA | — | ₹831.00 Cr | ₹1,484.63 Cr | ₹2,513.08 Cr | ₹3,181.25 Cr | ₹3,405.03 Cr |
| ₹513.89 Cr | ₹611.00 Cr | ₹1,119.03 Cr | ₹1,936.97 Cr | ₹2,413.51 Cr | ₹2,583.38 Cr | |
| Diluted EPS | ₹12.74 | ₹15.15 | ₹27.74 | ₹48.02 | ₹59.83 | ₹64.04 |
EBITDA has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹25,138.51 Cr | ₹29,770.16 Cr | ₹29,463.17 Cr | ₹29,463.00 Cr | ₹28,804.00 Cr | ₹27,474.00 Cr | |
| ₹29.66 Cr | ₹11.64 Cr | ₹6.04 Cr | ₹16.55 Cr | ₹20.33 Cr | ₹447.37 Cr | |
| Stockholders' equity | ₹3,431.71 Cr | ₹3,857.68 Cr | ₹4,760.16 Cr | ₹6,244.00 Cr | ₹7,940.00 Cr | ₹9,755.00 Cr |
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹68.21 Cr | ₹-162.63 Cr | ₹1,516.00 Cr | ₹684.00 Cr | ₹2,102.00 Cr | ₹-2,654.00 Cr | |
| Investing cash flow | ₹348.25 Cr | ₹326.40 Cr | ₹-149.66 Cr | ₹3,114.81 Cr | ₹-1,299.10 Cr | ₹1,165.70 Cr |
| ₹-159.83 Cr | ₹-183.21 Cr | ₹-217.99 Cr | ₹-448.50 Cr | ₹-736.16 Cr | ₹-931.22 Cr | |
| Capital expenditure | ₹-41.90 Cr | ₹-32.01 Cr | ₹-135.57 Cr | ₹-10.01 Cr | ₹-804.71 Cr | ₹-176.18 Cr |
| End cash position | ₹739.91 Cr | ₹720.47 Cr | ₹1,868.42 Cr | ₹5,218.48 Cr | ₹5,285.39 Cr | ₹2,881.34 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Mar 25(15Q) | Jun 25–Jun 26(5Q) |
|---|---|---|
| Promoter | 84.83% | 81.22% |
| Public | 15.17% | 18.78% |
| Employee trusts | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| Mazagon Dock Shipbuilders Limited | ₹89,146.98 Cr | ₹2,280 | 33.2 | 9.14 | 26.5% | 0.05 | +15.9% | -23.6% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
18 indices
Weight is a free-float market-cap-share estimate from NSE’s live index data, not NSE’s own published (and sometimes capped) index weight. Indices without a live weight feed are listed without one, in alphabetical order after the weighted ones.