Mazagon Dock Shipbuilders Limited
Mazagon Dock Shipbuilders Limited operates in Ship Building & Allied Services, part of the Capital Goods sector. It booked ₹2,446 cr of revenue in its latest quarter (Q2 FY27) and kept 14.2% of sales as profit. It is the largest of 3 Ship Building & Allied Services companies we track, by market value.
“Building maritime capability for national defence and economic advancement Legacy We have consistently revolutionised maritime services with a distinguished history spanning more than two centuries. Mazagon Dock Shipbuilders Limited (MDL), known as the ‘Ship & Submarine Builders to the Nation,’ is one of India’s premier defence shipyards, operating under the Ministry of Defence.”
Healthier than 53% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 33
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in MAZDOCK?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,446 cr |
| Other Income | ₹251 cr |
| Total Income | ₹2,697 cr |
| Cost of Materials | ₹649 cr |
| Purchases of Stock-in-Trade | ₹452 cr |
| Employee Benefit Expense | ₹252 cr |
| Finance Costs | ₹21 cr |
| Depreciation & Amortisation | ₹30 cr |
| Other Expenses | ₹893 cr |
| Total Expenses | ₹2,298 cr |
| Profit before Tax | ₹399 cr |
| Tax Expense | ₹102 cr |
| Share of JV / Associates | ₹48 cr |
| Net Profit | ₹346 cr |
| Net margin on total income | 12.8% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 3,850 cr | 2,943 cr | 2,446 cr |
| Total income | 4,134 cr | 3,256 cr | 2,697 cr |
| Expenses | 3,340 cr | 2,569 cr | 2,298 cr |
| Profit before tax | 793 cr | 686 cr | 399 cr |
| Tax | 161 cr | 174 cr | 102 cr |
| Net profit (owners' share) | 679 cr | 549 cr | 346 cr |
| Net margin (owners' share, on revenue) | 17.6% | 18.7% | 14.2% |
| EPS (₹) | 16.84 | 13.62 | 8.53 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Mazagon Dock Shipbuilders Limitedthis company | ₹1,785 | ₹72,007 cr | 52.3 | 13.2% | 14.2% | — |
| Cochin Shipyard Limited | ₹1,201 | ₹31,596 cr | 52.1 | 10.3% | 13.8% | — |
| Swan Defence and Heavy Industries Limited | ₹2,782 | ₹14,656 cr | 6.5 | 100.2% | 822.8% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹4.62 / share | 20 Aug 2026 |
| Dividend | ₹7.5 / share | 13 Feb 2026 |
| Dividend | ₹6 / share | 4 Nov 2025 |
| Dividend | ₹2.71 / share | 19 Sep 2025 |
| Dividend | ₹3 / share | 16 Apr 2025 |
| Stock split | Stock Split From Rs.10/- to Rs.5/- | 27 Dec 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.