Mazagon Dock Shipbuilders Limited Share Price & Analysis
₹2,425Updated 5 Jun 2026, 03:30 pm IST
LTP
₹2,425
—
Open
₹2,450
High
₹2,474.5
Low
₹2,415
Close
₹2,445.2
52W High
₹3,549
52W Low
₹2,057
Volume
589K
Lot Size
200
Sector
Capital Goods
Market Cap
₹99K Cr
Face Value
₹5
Large CapNIFTY 100NIFTY 200NIFTY 500NEXT 50
Price Chart
Fundamentals
P/E
38.2
Sector P/E
53.3
P/B
10.02
EPS
₹59.66
ROE
29.2%
ROCE
36%
D/E Ratio
0.05
Div Yield
0.71%
Book Value
₹242
+
Strengths
- ✓Excellent return on equity (ROE 29.2%)
- ✓Efficient capital deployment (ROCE 36%)
- ✓Attractively valued vs sector (P/E 38.2x vs industry 53.3x)
- ✓Virtually debt-free
−
Concerns
- ✗High premium to book value (P/B 10x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BEL Bharat Electronics Limited | ₹408 | ₹3.0L Cr | 49.2 | 12.44 | 27.6 | 36.5 | 0 |
| HAL Hindustan Aeronautics Limited | ₹4,216 | ₹2.9L Cr | 31.4 | 6.87 | 24 | 32 | 0 |
| CUMMINSIND Cummins India Limited | ₹5,776 | ₹1.6L Cr | 65.3 | 18.88 | 30.2 | 39.5 | 0 |
| ABB ABB India Limited | ₹7,160 | ₹1.5L Cr | 99.4 | 19.35 | 22.4 | 29.9 | 0.01 |
| POLYCAB Polycab India Limited | ₹9,670 | ₹1.4L Cr | 53.7 | 12.12 | 24.5 | 34.3 | 0.02 |
| BHEL Bharat Heavy Electricals Limited | ₹387 | ₹1.4L Cr | 89.4 | 5.15 | 6.29 | 8.51 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹938 | ₹1.4L Cr | 116 | 18.54 | 20.8 | 27 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MAZDOCK · as of Mar 2026
Promoters84.83%
FII2.26%▲0.71
DII1.69%▲0.23
Public11.21%▼0.95
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 84.83% | 84.83% | 84.83% | 84.83% | 84.83% | 84.83% |
| FII | 3.32% | 2.38% | 2.44% | 1.45% | 1.55% | 2.26% |
| DII | 0.43% | 0.66% | 0.83% | 1.00% | 1.46% | 1.69% |
| Public | 11.42% | 12.12% | 11.89% | 12.72% | 12.16% | 11.21% |
Corporate Events
To consider and approve the Audited Financial Results (Standalone & Consolidated) for thequarter and financial year ended on 31 March 2026 and recommend Final Dividend, if any, for the financial year 2025-26.
Dividend29 Apr 2026
Interim Dividend - Rs 7.50 Per Share
Dividend12 Feb 2026
Interim Dividend - Rs 6 Per Share
Dividend3 Nov 2025
Dividend - Rs 2.71 Per Share
Dividend18 Sept 2025
Interim Dividend - Rs 3 Per Share
Dividend15 Apr 2025
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share
Split26 Dec 2024
Interim Dividend - Rs 23.19 Per Share
Dividend29 Oct 2024
Annual General Meeting/Dividend - Rs 12.11 Per Share
Dividend18 Sept 2024
Interim Dividend - Rs 15.34 Per Share
Dividend19 Nov 2023
Annual General Meeting/Dividend - Rs 6.86 Per Share
Dividend19 Sept 2023
Latest News
All news →Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.6K Cr ▲22.9% | ₹2.9K Cr ▲11.5% | ₹2.6K Cr ▼17.3% | ₹3.2K Cr ▲1.0% | ₹3.1K Cr ▲14.0% | ₹2.8K Cr ▲17.0% | ₹2.4K Cr ▼24.1% | ₹3.1K Cr |
| Op. Profit | ₹887 Cr ▲27.6% | ₹695 Cr ▲130.1% | ₹302 Cr ▲153.8% | ₹119 Cr ▼85.4% | ₹817 Cr ▲59.9% | ₹511 Cr ▼20.4% | ₹642 Cr ▲22.5% | ₹524 Cr |
| OPM | 25.0% ▲4.2% | 24.0% ▲118.2% | 11.0% ▲175.0% | 4.0% ▼84.6% | 26.0% ▲36.8% | 19.0% ▼29.6% | 27.0% ▲58.8% | 17.0% |
| Net Profit | ₹880 Cr ▲17.5% | ₹749 Cr ▲65.7% | ₹452 Cr ▲39.1% | ₹325 Cr ▼59.7% | ₹807 Cr ▲37.9% | ₹585 Cr ▼15.9% | ₹696 Cr ▲5.0% | ₹663 Cr |
| EPS (₹) | 21.81 ▲17.4% | 18.58 ▲65.7% | 11.21 ▲39.1% | 8.06 ▼59.7% | 20.01 ▲38.0% | 14.5 ▼16.0% | 17.26 ▲5.1% | 16.43 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹13.0K Cr ▲13.8% | ₹11.4K Cr ▲20.8% | ₹9.5K Cr ▲21.0% | ₹7.8K Cr ▲36.5% | ₹5.7K Cr ▲41.6% | ₹4.0K Cr ▼17.5% | ₹4.9K Cr ▲6.3% | ₹4.6K Cr ▲3.5% | ₹4.5K Cr ▲27.2% | ₹3.5K Cr |
| Expenses | ₹10.7K Cr ▲14.7% | ₹9.4K Cr ▲16.3% | ₹8.1K Cr ▲14.6% | ₹7.0K Cr ▲32.8% | ₹5.3K Cr ▲38.5% | ₹3.8K Cr ▼17.7% | ₹4.6K Cr ▲6.6% | ₹4.4K Cr ▲1.2% | ₹4.3K Cr ▲27.4% | ₹3.4K Cr |
| Op. Profit | ₹2.3K Cr ▲9.7% | ₹2.1K Cr ▲45.9% | ₹1.4K Cr ▲76.8% | ₹801 Cr ▲81.6% | ₹441 Cr ▲95.1% | ₹226 Cr ▼14.1% | ₹263 Cr ▲0.8% | ₹261 Cr ▲66.2% | ₹157 Cr ▲21.7% | ₹129 Cr |
| OPM | 17.0% ▼5.6% | 18.0% ▲20.0% | 15.0% ▲50.0% | 10.0% ▲25.0% | 8.0% ▲33.3% | 6.0% ▲20.0% | 5.0% ▼16.7% | 6.0% ▲50.0% | 4.0% ▲0.0% | 4.0% |
| Other Income | ₹1.1K Cr ▲1.6% | ₹1.1K Cr ▲1.8% | ₹1.1K Cr ▲60.3% | ₹687 Cr ▲73.5% | ₹396 Cr ▼11.6% | ₹448 Cr ▼17.9% | ₹546 Cr ▼11.5% | ₹617 Cr ▲9.2% | ₹565 Cr ▼26.2% | ₹766 Cr |
| Interest | ₹72 Cr ▲620.0% | ₹10 Cr ▲11.1% | ₹9 Cr ▲0.0% | ₹9 Cr ▼35.7% | ₹14 Cr ▲27.3% | ₹11 Cr ▼15.4% | ₹13 Cr ▼63.9% | ₹36 Cr ▲80.0% | ₹20 Cr ▲17.6% | ₹17 Cr |
| Depreciation | ₹97 Cr ▼15.7% | ₹115 Cr ▲38.6% | ₹83 Cr ▲9.2% | ₹76 Cr ▲1.3% | ₹75 Cr ▲25.0% | ₹60 Cr ▼13.0% | ₹69 Cr ▲7.8% | ₹64 Cr ▲23.1% | ₹52 Cr ▲33.3% | ₹39 Cr |
| PBT | ₹3.2K Cr ▲5.7% | ₹3.1K Cr ▲26.3% | ₹2.4K Cr ▲72.8% | ₹1.4K Cr ▲87.3% | ₹749 Cr ▲24.0% | ₹604 Cr ▼16.9% | ₹727 Cr ▼6.6% | ₹778 Cr ▲19.7% | ₹650 Cr ▼22.5% | ₹839 Cr |
| Tax % | 25.0% ▼3.8% | 26.0% ▲4.0% | 25.0% ▲0.0% | 25.0% ▲0.0% | 25.0% ▲0.0% | 25.0% ▼47.9% | 48.0% ▲20.0% | 40.0% ▲2.6% | 39.0% ▲5.4% | 37.0% |
| Net Profit | ₹2.6K Cr ▲6.8% | ₹2.4K Cr ▲24.6% | ₹1.9K Cr ▲73.1% | ₹1.1K Cr ▲83.1% | ₹611 Cr ▲18.9% | ₹514 Cr ▲9.1% | ₹471 Cr ▼11.5% | ₹532 Cr ▲7.3% | ₹496 Cr ▼15.2% | ₹585 Cr |
| EPS (₹) | 64.04 ▲7.0% | 59.83 ▲24.6% | 48.02 ▲73.1% | 27.74 ▲83.2% | 15.14 ▲18.8% | 12.74 ▲9.3% | 11.66 ▼1.9% | 11.88 ▲7.3% | 11.07 ▼90.6% | 117.49 |
| Div Payout | 28.0% ▼3.4% | 29.0% ▲0.0% | 29.0% ▲0.0% | 29.0% ▲0.0% | 29.0% ▲3.6% | 28.0% ▼39.1% | 46.0% ▲142.1% | 19.0% ▼61.2% | 49.0% ▲44.1% | 34.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹202 Cr ▲0.0% | ₹202 Cr ▲0.0% | ₹202 Cr ▲0.0% | ₹202 Cr ▲0.0% | ₹202 Cr ▲0.0% | ₹202 Cr ▲0.0% | ₹202 Cr ▼9.8% | ₹224 Cr ▲0.0% | ₹224 Cr ▼10.0% | ₹249 Cr |
| Reserves | ₹8.7K Cr ▲12.5% | ₹7.7K Cr ▲28.1% | ₹6.0K Cr ▲32.6% | ₹4.6K Cr ▲24.7% | ₹3.7K Cr ▲13.2% | ₹3.2K Cr ▲13.0% | ₹2.9K Cr ▼4.5% | ₹3.0K Cr ▲14.7% | ₹2.6K Cr ▼4.4% | ₹2.7K Cr |
| Borrowings | ₹2 Cr ▼90.0% | ₹20 Cr ▲1900.0% | ₹1 Cr ▼83.3% | ₹6 Cr ▼50.0% | ₹12 Cr ▼60.0% | ₹30 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Liabilities | ₹17.0K Cr ▼18.2% | ₹20.8K Cr ▼10.2% | ₹23.2K Cr ▼6.0% | ₹24.7K Cr ▼4.6% | ₹25.9K Cr ▲19.5% | ₹21.7K Cr ▲21.2% | ₹17.9K Cr ▲1.4% | ₹17.6K Cr ▲6.6% | ₹16.5K Cr ▲1.1% | ₹16.4K Cr |
| Total Liabilities | ₹26.0K Cr ▼9.9% | ₹28.8K Cr ▼2.2% | ₹29.5K Cr ▼0.0% | ₹29.5K Cr ▼1.0% | ₹29.8K Cr ▲18.4% | ₹25.1K Cr ▲20.0% | ₹20.9K Cr ▲0.4% | ₹20.9K Cr ▲7.6% | ₹19.4K Cr ▲0.1% | ₹19.3K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.4K Cr ▼1.5% | ₹1.5K Cr ▲74.9% | ₹838 Cr ▼18.2% | ₹1.0K Cr ▲6.1% | ₹965 Cr ▲19.6% | ₹807 Cr ▼3.5% | ₹836 Cr ▲3.2% | ₹810 Cr ▲14.9% | ₹705 Cr ▲29.1% | ₹546 Cr |
| CWIP | ₹210 Cr ▲57.9% | ₹133 Cr ▲84.7% | ₹72 Cr ▲16.1% | ₹62 Cr ▼28.7% | ₹87 Cr ▲8.8% | ₹80 Cr ▲0.0% | ₹80 Cr ▼10.1% | ₹89 Cr ▲4.7% | ₹85 Cr ▼13.3% | ₹98 Cr |
| Investments | ₹833 Cr ▲8.9% | ₹765 Cr ▲12.7% | ₹679 Cr ▲15.3% | ₹589 Cr ▲8.7% | ₹542 Cr ▲4.4% | ₹519 Cr ▲7.2% | ₹484 Cr ▲12.3% | ₹431 Cr ▲0.5% | ₹429 Cr ▲14.1% | ₹376 Cr |
| Other Assets | ₹23.5K Cr ▼11.2% | ₹26.4K Cr ▼5.1% | ₹27.9K Cr ▲0.3% | ₹27.8K Cr ▼1.3% | ₹28.2K Cr ▲18.7% | ₹23.7K Cr ▲21.5% | ₹19.5K Cr ▲0.1% | ₹19.5K Cr ▲7.5% | ₹18.2K Cr ▼0.9% | ₹18.3K Cr |
| Total Assets | ₹26.0K Cr ▼9.9% | ₹28.8K Cr ▼2.2% | ₹29.5K Cr ▼0.0% | ₹29.5K Cr ▼1.0% | ₹29.8K Cr ▲18.4% | ₹25.1K Cr ▲20.0% | ₹20.9K Cr ▲0.4% | ₹20.9K Cr ▲7.6% | ₹19.4K Cr ▲0.1% | ₹19.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.1K Cr ▲203.8% | ₹684 Cr ▼54.9% | ₹1.5K Cr ▲1030.1% | ₹-163 Cr ▼339.7% | ₹68 Cr ▲170.8% | ₹-96 Cr ▼247.7% | ₹65 Cr ▼86.8% | ₹491 Cr ▲149.0% | ₹-1.0K Cr ▼234.5% | ₹746 Cr |
| Investing CF | ₹-1.3K Cr ▼191.5% | ₹1.4K Cr ▲1046.7% | ₹-150 Cr ▼146.0% | ₹326 Cr ▼6.3% | ₹348 Cr ▼23.3% | ₹454 Cr ▲8.9% | ₹417 Cr ▲19.8% | ₹348 Cr ▼29.4% | ₹493 Cr ▼12.0% | ₹560 Cr |
| Financing CF | ₹-712 Cr ▼58.9% | ₹-448 Cr ▼105.5% | ₹-218 Cr ▼19.1% | ₹-183 Cr ▼14.4% | ₹-160 Cr ▲73.6% | ₹-605 Cr ▼380.2% | ₹-126 Cr ▲79.3% | ₹-608 Cr ▼148.2% | ₹-245 Cr ▼105.9% | ₹-119 Cr |
| Net Cash Flow | ₹67 Cr ▼96.0% | ₹1.7K Cr ▲44.2% | ₹1.1K Cr ▲6142.1% | ₹-19 Cr ▼107.4% | ₹257 Cr ▲204.5% | ₹-246 Cr ▼169.1% | ₹356 Cr ▲54.1% | ₹231 Cr ▲130.6% | ₹-755 Cr ▼163.6% | ₹1.2K Cr |
| Free Cash Flow | ₹1.6K Cr ▲360.8% | ₹347 Cr ▼75.2% | ₹1.4K Cr ▲790.1% | ₹-203 Cr ▼880.8% | ₹26 Cr ▲113.3% | ₹-196 Cr ▼78.2% | ₹-110 Cr ▼135.4% | ₹311 Cr ▲127.1% | ₹-1.1K Cr ▼286.8% | ₹615 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34d ▼52.1% | 71d ▲51.1% | 47d ▼26.6% | 64d ▼26.4% | 87d ▼18.7% | 107d ▼8.5% | 117d ▲28.6% | 91d ▲16.7% | 78d ▼4.9% | 82d |
| Inventory Days | 373d ▼9.2% | 411d ▼32.1% | 605d ▼42.0% | 1044d ▼8.6% | 1142d ▲66.0% | 688d ▲29.1% | 533d ▼4.7% | 559d ▼28.5% | 782d ▲25.7% | 622d |
| Days Payable | 301d ▼6.2% | 321d ▼12.3% | 366d ▼56.2% | 836d ▼32.3% | 1234d ▲75.3% | 704d ▲71.7% | 410d ▲16.1% | 353d ▲102.9% | 174d ▲8.8% | 160d |
| Cash Conv. Cycle | 106d ▼34.6% | 162d ▼43.2% | 285d ▲4.8% | 272d ▲6900.0% | -4d ▼104.4% | 91d ▼62.1% | 240d ▼19.2% | 297d ▼56.6% | 685d ▲25.9% | 544d |
| Working Capital Days | -356d ▲16.4% | -426d ▲19.3% | -528d ▲18.1% | -645d ▼6.3% | -607d ▼95.2% | -311d ▲30.0% | -444d ▼3.0% | -431d ▲29.1% | -608d ▼5.7% | -575d |
| ROCE | 43.0% ▼2.3% | 44.0% ▲33.3% | 33.0% ▲57.1% | 21.0% ▼8.7% | 23.0% ▼4.2% | 24.0% ▼11.1% | 27.0% ▲17.4% | 23.0% ▼23.3% | 30.0% ▼11.8% | 34.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Mazagon Dock Shipbuilders Limited
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]
Capital Goods · Industrial Manufacturing
Related Analysis
Frequently Asked Questions
What is Mazagon Dock Shipbuilders Limited share price today?▾
Mazagon Dock Shipbuilders Limited (MAZDOCK) is currently trading at ₹2,425 on NSE, as of the last market session. Prices update daily after market close on MarketNetra.
Is Mazagon Dock Shipbuilders Limited available in F&O (Futures & Options)?▾
Yes, Mazagon Dock Shipbuilders Limited (MAZDOCK) is part of the NSE F&O segment with a lot size of 200 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Mazagon Dock Shipbuilders Limited 52-week high and low?▾
Mazagon Dock Shipbuilders Limited's 52-week high is ₹3,549 and the 52-week low is ₹2,057. The current price of ₹2,425 is 31.7% below the 52W high.
What is Mazagon Dock Shipbuilders Limited P/E ratio?▾
Mazagon Dock Shipbuilders Limited's current P/E ratio is 38.2. This indicates the market is paying ₹38.2 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Mazagon Dock Shipbuilders Limited options?▾
Mazagon Dock Shipbuilders Limited options are traded on NSE with monthly expiry contracts (lot size: 200 shares). To trade MAZDOCK options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.