Share Price and Basic Stock Data
Last Updated: January 10, 2026, 5:27 am
| PEG Ratio | 1.48 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Mazagon Dock Shipbuilders Ltd operates in the shipbuilding industry, specializing in docks, breaking, and repairs. The company’s market capitalization stood at ₹1,01,301 Cr, with a current share price of ₹2,511. For the financial year ending March 2025, the total sales recorded were ₹11,432 Cr, a significant increase from ₹9,467 Cr in March 2024 and ₹7,827 Cr in March 2023. The quarterly sales figures show a robust growth trajectory, with sales for June 2024 reaching ₹3,104 Cr, and a recorded ₹2,362 Cr in December 2023. This upward trend in revenue indicates a strong demand for the company’s services and products, driven by the government’s focus on enhancing naval capabilities and infrastructure. The operating profit margin (OPM) for the last reported quarter in September 2025 was 24%, reflecting efficiency and effective cost management in operations.
Profitability and Efficiency Metrics
Mazagon Dock reported a net profit of ₹2,325 Cr for the fiscal year ending March 2025, up from ₹1,845 Cr in March 2024 and ₹1,073 Cr in March 2023. This consistent growth in profitability is illustrated by a net profit margin of 19.92% in March 2025, which indicates strong operational efficiency compared to typical sector averages. The return on equity (ROE) stood at an impressive 36.5%, while the return on capital employed (ROCE) was recorded at 48.8%, both metrics significantly exceeding industry norms. The interest coverage ratio (ICR) was extraordinarily high at 723.01x, demonstrating the company’s ability to meet its interest obligations effortlessly. Furthermore, the cash conversion cycle (CCC) was 106 days, indicating a relatively efficient conversion of investment into cash flow, although there is room for improvement compared to best practices in the industry.
Balance Sheet Strength and Financial Ratios
The balance sheet of Mazagon Dock reflects a solid financial foundation with total reserves amounting to ₹7,882 Cr and borrowings of only ₹2 Cr. This minimal level of debt highlights the company’s strong equity position and financial stability. The price-to-book value (P/BV) ratio was reported at 13.43x, suggesting that the stock may be trading at a premium compared to its book value, which stood at ₹196.83 per share as of March 2025. The current ratio of 1.25 and quick ratio of 1.02 indicate adequate liquidity, allowing the company to cover its short-term liabilities comfortably. The operating profit (OP) for the year was ₹2,066 Cr, with an operating profit margin of 18%, reflecting operational efficiency and cost control. Overall, the balance sheet metrics suggest that Mazagon Dock is well-positioned to leverage growth opportunities while maintaining financial health.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Mazagon Dock indicates strong promoter confidence, with promoters holding 81.22% of the equity as of September 2025. This level of ownership suggests a commitment to the company’s long-term vision. Foreign institutional investors (FIIs) held 1.97% of the shares, while domestic institutional investors (DIIs) accounted for 5.65%, indicating a moderate level of institutional interest. The total number of shareholders has increased significantly, rising from 1,58,987 in December 2022 to 7,41,680 by September 2025, reflecting growing investor interest and confidence in the company. The public shareholding stood at 11.15%, which is relatively low compared to sector averages, suggesting that the stock is primarily held by institutional and promoter entities. This concentration may limit liquidity but also demonstrates strong backing from key stakeholders.
Outlook, Risks, and Final Insight
The outlook for Mazagon Dock Shipbuilders appears positive, supported by a robust order book and increasing revenue trends. However, potential risks include dependency on government contracts, which can be subject to policy changes, and the cyclical nature of the shipbuilding industry, which may affect long-term revenue stability. Additionally, rising raw material costs could compress margins if not managed effectively. The company’s strong financial ratios and minimal debt levels provide a buffer against market volatility. To maintain its growth trajectory, Mazagon Dock must continue to innovate and expand its capabilities while navigating the competitive landscape. Overall, the company’s strengths in profitability, efficiency, and balance sheet health position it well for future growth, although vigilance regarding external risks remains essential.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Hariyana Ship Breakers Ltd | 66.6 Cr. | 108 | 149/91.0 | 17.5 | 243 | 0.00 % | 3.20 % | 1.10 % | 10.0 |
| Swan Defence and Heavy Industries Ltd | 9,799 Cr. | 1,860 | 1,954/36.0 | 46.5 | 0.00 % | 5.76 % | 46.3 % | 10.0 | |
| Mazagon Dock Shipbuilders Ltd | 1,00,865 Cr. | 2,500 | 3,778/1,918 | 45.2 | 200 | 0.69 % | 48.8 % | 36.5 % | 5.00 |
| Cochin Shipyard Ltd | 41,277 Cr. | 1,569 | 2,547/1,180 | 54.5 | 219 | 0.62 % | 20.4 % | 15.8 % | 5.00 |
| Industry Average | 50,647.00 Cr | 1,509.25 | 39.07 | 177.13 | 0.33% | 19.54% | 24.93% | 7.50 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,702 | 1,816 | 2,079 | 2,173 | 1,828 | 2,362 | 3,104 | 2,357 | 2,757 | 3,144 | 3,174 | 2,626 | 2,929 |
| Expenses | 1,585 | 1,520 | 1,868 | 2,001 | 1,651 | 1,823 | 2,580 | 1,715 | 2,246 | 2,327 | 3,084 | 2,324 | 2,235 |
| Operating Profit | 118 | 296 | 211 | 172 | 177 | 539 | 524 | 642 | 511 | 817 | 90 | 302 | 695 |
| OPM % | 7% | 16% | 10% | 8% | 10% | 23% | 17% | 27% | 19% | 26% | 3% | 11% | 24% |
| Other Income | 169 | 176 | 232 | 233 | 261 | 269 | 376 | 271 | 269 | 286 | 346 | 324 | 276 |
| Interest | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 5 | 1 | 1 | 35 | 8 |
| Depreciation | 18 | 18 | 20 | 20 | 20 | 20 | 23 | 23 | 23 | 40 | 29 | 23 | 24 |
| Profit before tax | 267 | 452 | 421 | 383 | 416 | 786 | 876 | 889 | 751 | 1,063 | 406 | 567 | 939 |
| Tax % | 25% | 25% | 24% | 25% | 25% | 25% | 25% | 25% | 25% | 28% | 20% | 26% | 24% |
| Net Profit | 200 | 337 | 318 | 287 | 313 | 592 | 654 | 666 | 564 | 768 | 327 | 419 | 715 |
| EPS in Rs | 4.97 | 8.36 | 7.88 | 7.11 | 7.76 | 14.66 | 16.22 | 16.51 | 13.97 | 19.04 | 8.11 | 10.39 | 17.73 |
Last Updated: December 30, 2025, 12:07 am
Below is a detailed analysis of the quarterly data for Mazagon Dock Shipbuilders Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 2,929.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,626.00 Cr. (Jun 2025) to 2,929.00 Cr., marking an increase of 303.00 Cr..
- For Expenses, as of Sep 2025, the value is 2,235.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,324.00 Cr. (Jun 2025) to 2,235.00 Cr., marking a decrease of 89.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 695.00 Cr.. The value appears strong and on an upward trend. It has increased from 302.00 Cr. (Jun 2025) to 695.00 Cr., marking an increase of 393.00 Cr..
- For OPM %, as of Sep 2025, the value is 24.00%. The value appears strong and on an upward trend. It has increased from 11.00% (Jun 2025) to 24.00%, marking an increase of 13.00%.
- For Other Income, as of Sep 2025, the value is 276.00 Cr.. The value appears to be declining and may need further review. It has decreased from 324.00 Cr. (Jun 2025) to 276.00 Cr., marking a decrease of 48.00 Cr..
- For Interest, as of Sep 2025, the value is 8.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 35.00 Cr. (Jun 2025) to 8.00 Cr., marking a decrease of 27.00 Cr..
- For Depreciation, as of Sep 2025, the value is 24.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 23.00 Cr. (Jun 2025) to 24.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 939.00 Cr.. The value appears strong and on an upward trend. It has increased from 567.00 Cr. (Jun 2025) to 939.00 Cr., marking an increase of 372.00 Cr..
- For Tax %, as of Sep 2025, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Jun 2025) to 24.00%, marking a decrease of 2.00%.
- For Net Profit, as of Sep 2025, the value is 715.00 Cr.. The value appears strong and on an upward trend. It has increased from 419.00 Cr. (Jun 2025) to 715.00 Cr., marking an increase of 296.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 17.73. The value appears strong and on an upward trend. It has increased from 10.39 (Jun 2025) to 17.73, marking an increase of 7.34.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:59 am
| Metric | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,331 | 3,619 | 4,127 | 3,530 | 4,475 | 4,614 | 4,905 | 4,048 | 5,733 | 7,827 | 9,467 | 11,432 | 11,873 |
| Expenses | 2,222 | 3,405 | 3,910 | 3,403 | 4,325 | 4,353 | 4,642 | 3,822 | 5,291 | 7,027 | 8,051 | 9,366 | 9,969 |
| Operating Profit | 109 | 214 | 217 | 126 | 149 | 261 | 263 | 226 | 442 | 801 | 1,416 | 2,066 | 1,903 |
| OPM % | 5% | 6% | 5% | 4% | 3% | 6% | 5% | 6% | 8% | 10% | 15% | 18% | 16% |
| Other Income | 547 | 563 | 760 | 765 | 612 | 664 | 600 | 474 | 420 | 713 | 1,138 | 1,169 | 1,232 |
| Interest | 2 | 0 | 4 | 4 | 14 | 36 | 36 | 11 | 15 | 9 | 9 | 10 | 45 |
| Depreciation | 15 | 31 | 44 | 39 | 50 | 64 | 69 | 60 | 75 | 76 | 83 | 115 | 115 |
| Profit before tax | 639 | 746 | 929 | 848 | 697 | 825 | 758 | 630 | 773 | 1,429 | 2,461 | 3,109 | 2,975 |
| Tax % | 35% | 34% | 39% | 37% | 37% | 37% | 46% | 24% | 24% | 25% | 25% | 25% | |
| Net Profit | 413 | 492 | 568 | 533 | 440 | 517 | 408 | 480 | 586 | 1,073 | 1,845 | 2,325 | 2,230 |
| EPS in Rs | 103.70 | 123.52 | 142.83 | 107.13 | 9.82 | 11.54 | 10.13 | 11.89 | 14.54 | 26.59 | 45.75 | 57.63 | 55.27 |
| Dividend Payout % | 24% | 20% | 18% | 37% | 56% | 19% | 53% | 30% | 30% | 30% | 30% | 30% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 15.45% | -6.16% | -17.45% | 17.50% | -21.08% | 17.65% | 22.08% | 83.11% | 71.95% | 26.02% |
| Change in YoY Net Profit Growth (%) | 0.00% | -21.61% | -11.29% | 34.95% | -38.58% | 38.73% | 4.44% | 61.02% | -11.16% | -45.93% |
Mazagon Dock Shipbuilders Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 18% |
| 3 Years: | 26% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 41% |
| 3 Years: | 57% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 140% |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 31% |
| 3 Years: | 35% |
| Last Year: | 36% |
Last Updated: Unknown
Balance Sheet
Last Updated: December 10, 2025, 3:04 am
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 199 | 199 | 199 | 249 | 224 | 224 | 202 | 202 | 202 | 202 | 202 | 202 | 202 |
| Reserves | 1,615 | 2,261 | 2,124 | 2,360 | 2,198 | 2,568 | 2,380 | 2,717 | 3,120 | 3,976 | 5,369 | 6,979 | 7,882 |
| Borrowings | 81 | 79 | 0 | 0 | 0 | 0 | 0 | 30 | 12 | 6 | 17 | 20 | 2 |
| Other Liabilities | 23,648 | 28,401 | 16,384 | 16,363 | 16,502 | 17,633 | 17,883 | 21,679 | 25,904 | 24,709 | 23,203 | 20,844 | 17,040 |
| Total Liabilities | 25,544 | 30,940 | 18,707 | 18,971 | 18,925 | 20,425 | 20,465 | 24,628 | 29,237 | 28,893 | 28,791 | 28,045 | 25,125 |
| Fixed Assets | 126 | 266 | 368 | 546 | 646 | 810 | 836 | 807 | 965 | 1,024 | 838 | 1,466 | 1,444 |
| CWIP | 78 | 40 | 170 | 98 | 85 | 89 | 80 | 80 | 87 | 62 | 72 | 133 | 210 |
| Investments | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Other Assets | 25,334 | 30,629 | 18,164 | 18,321 | 18,187 | 19,520 | 19,542 | 23,735 | 28,179 | 27,801 | 27,875 | 26,440 | 23,466 |
| Total Assets | 25,544 | 30,940 | 18,707 | 18,971 | 18,925 | 20,425 | 20,465 | 24,628 | 29,237 | 28,893 | 28,791 | 28,045 | 25,125 |
Below is a detailed analysis of the balance sheet data for Mazagon Dock Shipbuilders Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 202.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 202.00 Cr..
- For Reserves, as of Sep 2025, the value is 7,882.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,979.00 Cr. (Mar 2025) to 7,882.00 Cr., marking an increase of 903.00 Cr..
- For Borrowings, as of Sep 2025, the value is 2.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 20.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 18.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 17,040.00 Cr.. The value appears to be improving (decreasing). It has decreased from 20,844.00 Cr. (Mar 2025) to 17,040.00 Cr., marking a decrease of 3,804.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 25,125.00 Cr.. The value appears to be improving (decreasing). It has decreased from 28,045.00 Cr. (Mar 2025) to 25,125.00 Cr., marking a decrease of 2,920.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,444.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,466.00 Cr. (Mar 2025) to 1,444.00 Cr., marking a decrease of 22.00 Cr..
- For CWIP, as of Sep 2025, the value is 210.00 Cr.. The value appears strong and on an upward trend. It has increased from 133.00 Cr. (Mar 2025) to 210.00 Cr., marking an increase of 77.00 Cr..
- For Investments, as of Sep 2025, the value is 6.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 6.00 Cr..
- For Other Assets, as of Sep 2025, the value is 23,466.00 Cr.. The value appears to be declining and may need further review. It has decreased from 26,440.00 Cr. (Mar 2025) to 23,466.00 Cr., marking a decrease of 2,974.00 Cr..
- For Total Assets, as of Sep 2025, the value is 25,125.00 Cr.. The value appears to be declining and may need further review. It has decreased from 28,045.00 Cr. (Mar 2025) to 25,125.00 Cr., marking a decrease of 2,920.00 Cr..
Notably, the Reserves (7,882.00 Cr.) exceed the Borrowings (2.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 28.00 | 135.00 | 217.00 | 126.00 | 149.00 | 261.00 | 263.00 | 196.00 | 430.00 | 795.00 | -16.00 | -18.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 76 | 81 | 77 | 90 | 117 | 107 | 87 | 64 | 47 | 71 | 34 |
| Inventory Days | 5,315 | 3,239 | 586 | 687 | 514 | 541 | 688 | 1,142 | 1,044 | 605 | 411 | 373 |
| Days Payable | 433 | 124 | 151 | 153 | 324 | 416 | 704 | 1,234 | 836 | 366 | 318 | 301 |
| Cash Conversion Cycle | 4,944 | 3,190 | 516 | 611 | 280 | 241 | 91 | -4 | 272 | 285 | 164 | 106 |
| Working Capital Days | -735 | -573 | -571 | -604 | -428 | -445 | -311 | -607 | -645 | -528 | -425 | -356 |
| ROCE % | 37% | 38% | 35% | 28% | 33% | 30% | 28% | 25% | 38% | 51% | 49% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Edelweiss Mid Cap Fund | 196,458 | 0.4 | 52.64 | 108,660 | 2025-12-08 01:10:03 | 80.8% |
| Nippon India Vision Large & Mid Cap Fund | 163,250 | 0.64 | 43.74 | N/A | N/A | N/A |
| ITI Small Cap Fund | 131,402 | 1.25 | 35.21 | 128,350 | 2025-12-14 01:02:29 | 2.38% |
| Nippon India Multi Asset Allocation Fund | 120,000 | 0.33 | 32.16 | N/A | N/A | N/A |
| Invesco India PSU Equity Fund | 85,246 | 1.58 | 22.84 | 49,568 | 2025-12-08 01:10:03 | 71.98% |
| Tata Arbitrage Fund | 79,275 | 0.11 | 21.24 | N/A | N/A | N/A |
| UTI Arbitrage Fund | 72,450 | 0.18 | 19.41 | 74,025 | 2025-12-15 08:02:36 | -2.13% |
| Mirae Asset Arbitrage Fund | 54,950 | 0.39 | 14.72 | 43,575 | 2025-12-15 01:57:06 | 26.1% |
| ITI Mid Cap Fund | 50,606 | 1.04 | 13.56 | 48,231 | 2025-12-14 01:02:29 | 4.92% |
| Edelweiss Flexi Cap Fund | 41,945 | 0.37 | 11.24 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 5.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 59.83 | 96.04 | 55.48 | 30.29 | 25.48 |
| Diluted EPS (Rs.) | 59.83 | 96.04 | 55.48 | 30.29 | 25.48 |
| Cash EPS (Rs.) | 59.31 | 93.81 | 55.61 | 31.61 | 25.44 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 196.83 | 309.56 | 236.01 | 191.27 | 170.15 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 196.83 | 309.56 | 236.01 | 191.27 | 170.15 |
| Revenue From Operations / Share (Rs.) | 283.40 | 469.36 | 388.08 | 284.26 | 200.69 |
| PBDIT / Share (Rs.) | 78.86 | 124.60 | 73.61 | 41.89 | 39.56 |
| PBIT / Share (Rs.) | 76.01 | 120.48 | 69.86 | 38.20 | 36.61 |
| PBT / Share (Rs.) | 75.90 | 120.22 | 69.55 | 37.15 | 29.94 |
| Net Profit / Share (Rs.) | 56.46 | 89.69 | 51.87 | 27.92 | 22.48 |
| NP After MI And SOA / Share (Rs.) | 59.83 | 96.04 | 55.48 | 30.29 | 25.48 |
| PBDIT Margin (%) | 27.82 | 26.54 | 18.96 | 14.73 | 19.71 |
| PBIT Margin (%) | 26.82 | 25.66 | 18.00 | 13.43 | 18.23 |
| PBT Margin (%) | 26.78 | 25.61 | 17.92 | 13.06 | 14.91 |
| Net Profit Margin (%) | 19.92 | 19.10 | 13.36 | 9.82 | 11.20 |
| NP After MI And SOA Margin (%) | 21.11 | 20.46 | 14.29 | 10.65 | 12.69 |
| Return on Networth / Equity (%) | 30.39 | 31.02 | 23.50 | 15.83 | 14.97 |
| Return on Capital Employeed (%) | 34.50 | 35.65 | 26.46 | 16.79 | 16.95 |
| Return On Assets (%) | 8.40 | 6.57 | 3.79 | 2.05 | 2.04 |
| Asset Turnover Ratio (%) | 0.39 | 0.32 | 0.26 | 0.21 | 0.17 |
| Current Ratio (X) | 1.25 | 1.14 | 1.08 | 1.05 | 1.06 |
| Quick Ratio (X) | 1.02 | 0.88 | 0.77 | 0.74 | 0.77 |
| Inventory Turnover Ratio (X) | 2.23 | 1.45 | 0.00 | 0.00 | 0.35 |
| Dividend Payout Ratio (NP) (%) | 29.49 | 23.11 | 19.33 | 29.48 | 30.21 |
| Dividend Payout Ratio (CP) (%) | 28.15 | 22.16 | 18.11 | 26.28 | 27.07 |
| Earning Retention Ratio (%) | 70.51 | 76.89 | 80.67 | 70.52 | 69.79 |
| Cash Earning Retention Ratio (%) | 71.85 | 77.84 | 81.89 | 73.72 | 72.93 |
| Interest Coverage Ratio (X) | 723.01 | 490.84 | 233.07 | 118.01 | 95.45 |
| Interest Coverage Ratio (Post Tax) (X) | 518.58 | 354.30 | 165.22 | 81.60 | 70.33 |
| Enterprise Value (Cr.) | 90477.84 | 23322.86 | 92.69 | -6647.98 | -3739.98 |
| EV / Net Operating Revenue (X) | 7.91 | 2.46 | 0.01 | -1.16 | -0.92 |
| EV / EBITDA (X) | 28.44 | 9.28 | 0.06 | -7.87 | -4.69 |
| MarketCap / Net Operating Revenue (X) | 9.33 | 3.96 | 1.71 | 0.84 | 1.06 |
| Retention Ratios (%) | 70.50 | 76.88 | 80.66 | 70.51 | 69.78 |
| Price / BV (X) | 13.43 | 6.01 | 2.81 | 1.25 | 1.25 |
| Price / Net Operating Revenue (X) | 9.33 | 3.96 | 1.71 | 0.84 | 1.06 |
| EarningsYield | 0.02 | 0.05 | 0.08 | 0.12 | 0.11 |
After reviewing the key financial ratios for Mazagon Dock Shipbuilders Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. It has decreased from 10.00 (Mar 24) to 5.00, marking a decrease of 5.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 59.83. This value is within the healthy range. It has decreased from 96.04 (Mar 24) to 59.83, marking a decrease of 36.21.
- For Diluted EPS (Rs.), as of Mar 25, the value is 59.83. This value is within the healthy range. It has decreased from 96.04 (Mar 24) to 59.83, marking a decrease of 36.21.
- For Cash EPS (Rs.), as of Mar 25, the value is 59.31. This value is within the healthy range. It has decreased from 93.81 (Mar 24) to 59.31, marking a decrease of 34.50.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 196.83. It has decreased from 309.56 (Mar 24) to 196.83, marking a decrease of 112.73.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 196.83. It has decreased from 309.56 (Mar 24) to 196.83, marking a decrease of 112.73.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 283.40. It has decreased from 469.36 (Mar 24) to 283.40, marking a decrease of 185.96.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 78.86. This value is within the healthy range. It has decreased from 124.60 (Mar 24) to 78.86, marking a decrease of 45.74.
- For PBIT / Share (Rs.), as of Mar 25, the value is 76.01. This value is within the healthy range. It has decreased from 120.48 (Mar 24) to 76.01, marking a decrease of 44.47.
- For PBT / Share (Rs.), as of Mar 25, the value is 75.90. This value is within the healthy range. It has decreased from 120.22 (Mar 24) to 75.90, marking a decrease of 44.32.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 56.46. This value is within the healthy range. It has decreased from 89.69 (Mar 24) to 56.46, marking a decrease of 33.23.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 59.83. This value is within the healthy range. It has decreased from 96.04 (Mar 24) to 59.83, marking a decrease of 36.21.
- For PBDIT Margin (%), as of Mar 25, the value is 27.82. This value is within the healthy range. It has increased from 26.54 (Mar 24) to 27.82, marking an increase of 1.28.
- For PBIT Margin (%), as of Mar 25, the value is 26.82. This value exceeds the healthy maximum of 20. It has increased from 25.66 (Mar 24) to 26.82, marking an increase of 1.16.
- For PBT Margin (%), as of Mar 25, the value is 26.78. This value is within the healthy range. It has increased from 25.61 (Mar 24) to 26.78, marking an increase of 1.17.
- For Net Profit Margin (%), as of Mar 25, the value is 19.92. This value exceeds the healthy maximum of 10. It has increased from 19.10 (Mar 24) to 19.92, marking an increase of 0.82.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 21.11. This value exceeds the healthy maximum of 20. It has increased from 20.46 (Mar 24) to 21.11, marking an increase of 0.65.
- For Return on Networth / Equity (%), as of Mar 25, the value is 30.39. This value is within the healthy range. It has decreased from 31.02 (Mar 24) to 30.39, marking a decrease of 0.63.
- For Return on Capital Employeed (%), as of Mar 25, the value is 34.50. This value is within the healthy range. It has decreased from 35.65 (Mar 24) to 34.50, marking a decrease of 1.15.
- For Return On Assets (%), as of Mar 25, the value is 8.40. This value is within the healthy range. It has increased from 6.57 (Mar 24) to 8.40, marking an increase of 1.83.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.39. It has increased from 0.32 (Mar 24) to 0.39, marking an increase of 0.07.
- For Current Ratio (X), as of Mar 25, the value is 1.25. This value is below the healthy minimum of 1.5. It has increased from 1.14 (Mar 24) to 1.25, marking an increase of 0.11.
- For Quick Ratio (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has increased from 0.88 (Mar 24) to 1.02, marking an increase of 0.14.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.23. This value is below the healthy minimum of 4. It has increased from 1.45 (Mar 24) to 2.23, marking an increase of 0.78.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 29.49. This value is within the healthy range. It has increased from 23.11 (Mar 24) to 29.49, marking an increase of 6.38.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 28.15. This value is within the healthy range. It has increased from 22.16 (Mar 24) to 28.15, marking an increase of 5.99.
- For Earning Retention Ratio (%), as of Mar 25, the value is 70.51. This value exceeds the healthy maximum of 70. It has decreased from 76.89 (Mar 24) to 70.51, marking a decrease of 6.38.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 71.85. This value exceeds the healthy maximum of 70. It has decreased from 77.84 (Mar 24) to 71.85, marking a decrease of 5.99.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 723.01. This value is within the healthy range. It has increased from 490.84 (Mar 24) to 723.01, marking an increase of 232.17.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 518.58. This value is within the healthy range. It has increased from 354.30 (Mar 24) to 518.58, marking an increase of 164.28.
- For Enterprise Value (Cr.), as of Mar 25, the value is 90,477.84. It has increased from 23,322.86 (Mar 24) to 90,477.84, marking an increase of 67,154.98.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 7.91. This value exceeds the healthy maximum of 3. It has increased from 2.46 (Mar 24) to 7.91, marking an increase of 5.45.
- For EV / EBITDA (X), as of Mar 25, the value is 28.44. This value exceeds the healthy maximum of 15. It has increased from 9.28 (Mar 24) to 28.44, marking an increase of 19.16.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 9.33. This value exceeds the healthy maximum of 3. It has increased from 3.96 (Mar 24) to 9.33, marking an increase of 5.37.
- For Retention Ratios (%), as of Mar 25, the value is 70.50. This value exceeds the healthy maximum of 70. It has decreased from 76.88 (Mar 24) to 70.50, marking a decrease of 6.38.
- For Price / BV (X), as of Mar 25, the value is 13.43. This value exceeds the healthy maximum of 3. It has increased from 6.01 (Mar 24) to 13.43, marking an increase of 7.42.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 9.33. This value exceeds the healthy maximum of 3. It has increased from 3.96 (Mar 24) to 9.33, marking an increase of 5.37.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 24) to 0.02, marking a decrease of 0.03.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mazagon Dock Shipbuilders Ltd:
- Net Profit Margin: 19.92%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 34.5% (Industry Average ROCE: 19.54%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 30.39% (Industry Average ROE: 24.93%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 518.58
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.02
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 45.2 (Industry average Stock P/E: 39.07)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 19.92%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Ship - Docks/Breaking/Repairs | Dockyard Road, Mumbai Maharashtra 400010 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Capt.(Retd.) Jagmohan | Chairman & Managing Director |
| Mr. Ruchir Agrawal | Director - Finance & CFO |
| Mr. Biju George | Director |
| Mr. Vasudev Puranik | Director |
| Mr. S B Jamgaonkar | Director |
| Mr. Dattaprasad Kholkar | Independent Director |
| Mr. Chandu Sambasiva Rao | Independent Director |
| Dr. Vivek Atul Bhuskute | Independent Director |
| Mrs. Veni Thapar | Independent Director |
| Mr. Kedar Nath Gupta | Independent Director |
| Mr. Rajeev Prakash | Government Nominee Director |
FAQ
What is the intrinsic value of Mazagon Dock Shipbuilders Ltd?
Mazagon Dock Shipbuilders Ltd's intrinsic value (as of 12 January 2026) is ₹2657.89 which is 6.32% higher the current market price of ₹2,500.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,00,865 Cr. market cap, FY2025-2026 high/low of ₹3,778/1,918, reserves of ₹7,882 Cr, and liabilities of ₹25,125 Cr.
What is the Market Cap of Mazagon Dock Shipbuilders Ltd?
The Market Cap of Mazagon Dock Shipbuilders Ltd is 1,00,865 Cr..
What is the current Stock Price of Mazagon Dock Shipbuilders Ltd as on 12 January 2026?
The current stock price of Mazagon Dock Shipbuilders Ltd as on 12 January 2026 is ₹2,500.
What is the High / Low of Mazagon Dock Shipbuilders Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Mazagon Dock Shipbuilders Ltd stocks is ₹3,778/1,918.
What is the Stock P/E of Mazagon Dock Shipbuilders Ltd?
The Stock P/E of Mazagon Dock Shipbuilders Ltd is 45.2.
What is the Book Value of Mazagon Dock Shipbuilders Ltd?
The Book Value of Mazagon Dock Shipbuilders Ltd is 200.
What is the Dividend Yield of Mazagon Dock Shipbuilders Ltd?
The Dividend Yield of Mazagon Dock Shipbuilders Ltd is 0.69 %.
What is the ROCE of Mazagon Dock Shipbuilders Ltd?
The ROCE of Mazagon Dock Shipbuilders Ltd is 48.8 %.
What is the ROE of Mazagon Dock Shipbuilders Ltd?
The ROE of Mazagon Dock Shipbuilders Ltd is 36.5 %.
What is the Face Value of Mazagon Dock Shipbuilders Ltd?
The Face Value of Mazagon Dock Shipbuilders Ltd is 5.00.