Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 11 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Mazagon Dock Shipbuilders Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:24 pm

Market Cap 94,318 Cr.
Current Price 2,338
High / Low 2,930/898
Stock P/E35.6
Book Value 162
Dividend Yield0.59 %
ROCE50.6 %
ROE37.8 %
Face Value 5.00
PEG Ratio0.87

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Mazagon Dock Shipbuilders Ltd

Competitors of Mazagon Dock Shipbuilders Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Hariyana Ship Breakers Ltd 67.8 Cr. 110 240/79.057.5 2370.00 %3.92 %2.22 % 10.0
Reliance Naval & Engineering Ltd 170 Cr. 2.30 / 4.980.00 %3.53 %23.8 % 10.0
Mazagon Dock Shipbuilders Ltd 94,318 Cr. 2,338 2,930/89835.6 1620.59 %50.6 %37.8 % 5.00
Cochin Shipyard Ltd 35,144 Cr. 1,336 2,979/71342.7 2020.73 %21.6 %17.2 % 5.00
Industry Average43,210.67 Cr946.5845.27151.500.33%19.91%20.26%7.50

All Competitor Stocks of Mazagon Dock Shipbuilders Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 1,5521,3962,2301,7021,8162,0792,1731,8282,3623,1042,3572,7573,144
Expenses 1,3511,3192,0571,5851,5201,8682,0011,6511,8232,5801,7152,2462,327
Operating Profit 20277174118296211172177539524642511817
OPM % 13%6%8%7%16%10%8%10%23%17%27%19%26%
Other Income 121129136169176232233261269376271265286
Interest 2111121111111
Depreciation 17231818182020202023232340
Profit before tax 3041822902674524213834167868768897511,063
Tax % 28%20%25%25%25%24%25%25%25%25%25%25%28%
Net Profit 218145217200337318287313592654666564768
EPS in Rs 5.403.595.384.978.367.887.117.7614.6616.2216.5113.9719.04

Last Updated: February 28, 2025, 6:28 pm

Below is a detailed analysis of the quarterly data for Mazagon Dock Shipbuilders Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹3,144.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,757.00 Cr. (Sep 2024) to ₹3,144.00 Cr., marking an increase of ₹387.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹2,327.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,246.00 Cr. (Sep 2024) to ₹2,327.00 Cr., marking an increase of ₹81.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹817.00 Cr.. The value appears strong and on an upward trend. It has increased from 511.00 Cr. (Sep 2024) to ₹817.00 Cr., marking an increase of ₹306.00 Cr..
  • For OPM %, as of Dec 2024, the value is 26.00%. The value appears strong and on an upward trend. It has increased from 19.00% (Sep 2024) to 26.00%, marking an increase of 7.00%.
  • For Other Income, as of Dec 2024, the value is ₹286.00 Cr.. The value appears strong and on an upward trend. It has increased from 265.00 Cr. (Sep 2024) to ₹286.00 Cr., marking an increase of ₹21.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹40.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 23.00 Cr. (Sep 2024) to ₹40.00 Cr., marking an increase of ₹17.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹1,063.00 Cr.. The value appears strong and on an upward trend. It has increased from 751.00 Cr. (Sep 2024) to ₹1,063.00 Cr., marking an increase of ₹312.00 Cr..
  • For Tax %, as of Dec 2024, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Sep 2024) to 28.00%, marking an increase of 3.00%.
  • For Net Profit, as of Dec 2024, the value is ₹768.00 Cr.. The value appears strong and on an upward trend. It has increased from 564.00 Cr. (Sep 2024) to ₹768.00 Cr., marking an increase of ₹204.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 19.04. The value appears strong and on an upward trend. It has increased from ₹13.97 (Sep 2024) to 19.04, marking an increase of ₹5.07.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:31 pm

MetricMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 2,2782,3313,6194,1273,5304,4754,6144,9054,0485,7337,8279,46711,361
Expenses 2,0772,2223,4053,9103,4034,3254,3534,6423,8225,2917,0278,0518,867
Operating Profit 2011092142171261492612632264428011,4162,494
OPM % 9%5%6%5%4%3%6%5%6%8%10%15%22%
Other Income 5325475637607656126646004744207131,1381,199
Interest 2720441436361115995
Depreciation 131531443950646960757683110
Profit before tax 6926397469298486978257586307731,4292,4613,579
Tax % 29%35%34%39%37%37%37%46%24%24%25%25%
Net Profit 4944134925685334405174084805861,0731,8452,652
EPS in Rs 124.20103.70123.52142.83107.139.8211.5410.1311.8914.5426.5945.7565.74
Dividend Payout % 20%24%20%18%37%56%19%53%30%30%30%30%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-16.40%15.45%-6.16%-17.45%17.50%-21.08%17.65%22.08%83.11%71.95%
Change in YoY Net Profit Growth (%)0.00%31.84%-21.61%-11.29%34.95%-38.58%38.73%4.44%61.02%-11.16%

Mazagon Dock Shipbuilders Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2012-2013 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:15%
3 Years:33%
TTM:35%
Compounded Profit Growth
10 Years:%
5 Years:29%
3 Years:47%
TTM:76%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:165%
1 Year:123%
Return on Equity
10 Years:%
5 Years:26%
3 Years:30%
Last Year:38%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:32 pm

MonthMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 199199199199249224224202202202202202202
Reserves 1,3191,6152,2612,1242,3602,1982,5682,3802,7173,1203,9765,3696,352
Borrowings 8281790000030126136
Other Liabilities 22,75223,64828,40116,38416,36316,50217,63317,88321,67925,90424,70923,21920,940
Total Liabilities 24,35225,54430,94018,70718,97118,92520,42520,46524,62829,23728,89328,79127,530
Fixed Assets 1231262663685466468108368079651,0248381,501
CWIP 387840170988589808087627299
Investments 6666666666666
Other Assets 24,18425,33430,62918,16418,32118,18719,52019,54223,73528,17927,80127,87525,925
Total Assets 24,35225,54430,94018,70718,97118,92520,42520,46524,62829,23728,89328,79127,530

Below is a detailed analysis of the balance sheet data for Mazagon Dock Shipbuilders Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹202.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹202.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹6,352.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹5,369.00 Cr. (Mar 2024) to ₹6,352.00 Cr., marking an increase of 983.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹36.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹1.00 Cr. (Mar 2024) to ₹36.00 Cr., marking an increase of 35.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹20,940.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹23,219.00 Cr. (Mar 2024) to ₹20,940.00 Cr., marking a decrease of 2,279.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹27,530.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹28,791.00 Cr. (Mar 2024) to ₹27,530.00 Cr., marking a decrease of 1,261.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹1,501.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹838.00 Cr. (Mar 2024) to ₹1,501.00 Cr., marking an increase of 663.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹99.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹72.00 Cr. (Mar 2024) to ₹99.00 Cr., marking an increase of 27.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹6.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹6.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹25,925.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹27,875.00 Cr. (Mar 2024) to ₹25,925.00 Cr., marking a decrease of 1,950.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹27,530.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹28,791.00 Cr. (Mar 2024) to ₹27,530.00 Cr., marking a decrease of 1,261.00 Cr..

Notably, the Reserves (₹6,352.00 Cr.) exceed the Borrowings (36.00 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.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +288-1,00944265-9668-1631,516684
Cash from Investing Activity +516494392417454348326-1501,420
Cash from Financing Activity +-120-240-603-126-605-160-183-218-448
Net Cash Flow683-755231356-246257-191,1481,655

Free Cash Flow

MonthMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow119.0028.00135.00217.00126.00149.00261.00263.00196.00430.00795.000.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days47627681779011710787644771
Inventory Days5,8755,3153,2395866875145416881,1421,044605411
Days Payable8064331241511533244167041,234836366321
Cash Conversion Cycle5,1164,9443,19051661128024191-4272285162
Working Capital Days-617-735-573-571-604-428-445-311-606-645-528-426
ROCE %37%38%35%28%33%30%28%25%38%51%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters84.83%84.83%84.83%84.83%84.83%84.83%84.83%84.83%84.83%84.83%84.83%84.83%
FIIs1.82%2.06%2.47%3.05%3.29%3.29%3.29%3.69%3.32%2.38%2.44%1.45%
DIIs0.95%0.97%1.15%0.76%0.26%0.30%0.56%0.39%0.43%0.66%0.83%1.00%
Public12.40%12.14%11.55%11.35%11.62%11.57%11.31%11.10%11.42%12.12%11.89%12.71%
No. of Shareholders1,16,7391,18,3541,14,6351,19,2481,58,9871,64,1512,02,8723,08,3723,45,3283,86,3304,77,4786,72,404

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI PSU Fund163,0003.5432.8149,5682025-03-09228.84%
Aditya Birla Sun Life PSU Equity Fund119,2541.612449,5682025-03-09140.59%
Edelweiss Mid Cap Fund108,6600.5121.8749,5682025-03-09119.21%
ITI Small Cap Fund97,0021.0619.5249,5682025-03-0995.69%
Invesco India PSU Equity Fund49,5681.79.9849,5682025-03-090%
Edelweiss Multi Cap Fund32,4490.566.5349,5682025-03-09-34.54%
Edelweiss Aggressive Hybrid Fund28,2890.545.6949,5682025-03-09-42.93%
Edelweiss Aggressive Hybrid Fund - Plan B28,2890.545.6949,5682025-03-09-42.93%
Motilal Oswal Nifty Midcap 150 Index Fund14,4990.262.9249,5682025-03-09-70.75%
Nippon India ETF Nifty Midcap 15012,8370.252.5849,5682025-03-09-74.1%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 96.0455.4830.2925.4821.07
Diluted EPS (Rs.) 96.0455.4830.2925.4821.07
Cash EPS (Rs.) 93.8155.6131.6125.4422.11
Book Value[Excl.RevalReserv]/Share (Rs.) 309.56236.01191.27170.15151.69
Book Value[Incl.RevalReserv]/Share (Rs.) 309.56236.01191.27170.15151.69
Revenue From Operations / Share (Rs.) 469.36388.08284.26200.69243.19
PBDIT / Share (Rs.) 124.6073.6141.8939.5640.51
PBIT / Share (Rs.) 120.4869.8638.2036.6137.10
PBT / Share (Rs.) 120.2269.5537.1529.9436.03
Net Profit / Share (Rs.) 89.6951.8727.9222.4818.70
NP After MI And SOA / Share (Rs.) 96.0455.4830.2925.4823.33
PBDIT Margin (%) 26.5418.9614.7319.7116.65
PBIT Margin (%) 25.6618.0013.4318.2315.25
PBT Margin (%) 25.6117.9213.0614.9114.81
Net Profit Margin (%) 19.1013.369.8211.207.68
NP After MI And SOA Margin (%) 20.4614.2910.6512.699.59
Return on Networth / Equity (%) 31.0223.5015.8314.9715.37
Return on Capital Employeed (%) 35.6526.4616.7916.9516.70
Return On Assets (%) 6.573.792.052.042.24
Asset Turnover Ratio (%) 0.320.260.210.170.23
Current Ratio (X) 1.141.081.051.061.10
Quick Ratio (X) 0.880.770.740.770.81
Inventory Turnover Ratio (X) 0.000.000.000.350.58
Dividend Payout Ratio (NP) (%) 23.1119.3329.4830.2146.15
Dividend Payout Ratio (CP) (%) 22.1618.1126.2827.0740.26
Earning Retention Ratio (%) 76.8980.6770.5269.7953.85
Cash Earning Retention Ratio (%) 77.8481.8973.7272.9359.74
Interest Coverage Ratio (X) 490.84233.07118.0195.4588.24
Interest Coverage Ratio (Post Tax) (X) 354.30165.2281.6070.3343.06
Enterprise Value (Cr.) 23322.8692.69-6647.98-3739.980.00
EV / Net Operating Revenue (X) 2.460.01-1.16-0.920.00
EV / EBITDA (X) 9.280.06-7.87-4.690.00
MarketCap / Net Operating Revenue (X) 3.961.710.841.060.00
Retention Ratios (%) 76.8880.6670.5169.7853.84
Price / BV (X) 6.012.811.251.250.00
Price / Net Operating Revenue (X) 3.961.710.841.060.00
EarningsYield 0.050.080.120.110.00

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 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 96.04. This value is within the healthy range. It has increased from 55.48 (Mar 23) to 96.04, marking an increase of 40.56.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 96.04. This value is within the healthy range. It has increased from 55.48 (Mar 23) to 96.04, marking an increase of 40.56.
  • For Cash EPS (Rs.), as of Mar 24, the value is 93.81. This value is within the healthy range. It has increased from 55.61 (Mar 23) to 93.81, marking an increase of 38.20.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 309.56. It has increased from 236.01 (Mar 23) to 309.56, marking an increase of 73.55.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 309.56. It has increased from 236.01 (Mar 23) to 309.56, marking an increase of 73.55.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 469.36. It has increased from 388.08 (Mar 23) to 469.36, marking an increase of 81.28.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 124.60. This value is within the healthy range. It has increased from 73.61 (Mar 23) to 124.60, marking an increase of 50.99.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 120.48. This value is within the healthy range. It has increased from 69.86 (Mar 23) to 120.48, marking an increase of 50.62.
  • For PBT / Share (Rs.), as of Mar 24, the value is 120.22. This value is within the healthy range. It has increased from 69.55 (Mar 23) to 120.22, marking an increase of 50.67.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 89.69. This value is within the healthy range. It has increased from 51.87 (Mar 23) to 89.69, marking an increase of 37.82.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 96.04. This value is within the healthy range. It has increased from 55.48 (Mar 23) to 96.04, marking an increase of 40.56.
  • For PBDIT Margin (%), as of Mar 24, the value is 26.54. This value is within the healthy range. It has increased from 18.96 (Mar 23) to 26.54, marking an increase of 7.58.
  • For PBIT Margin (%), as of Mar 24, the value is 25.66. This value exceeds the healthy maximum of 20. It has increased from 18.00 (Mar 23) to 25.66, marking an increase of 7.66.
  • For PBT Margin (%), as of Mar 24, the value is 25.61. This value is within the healthy range. It has increased from 17.92 (Mar 23) to 25.61, marking an increase of 7.69.
  • For Net Profit Margin (%), as of Mar 24, the value is 19.10. This value exceeds the healthy maximum of 10. It has increased from 13.36 (Mar 23) to 19.10, marking an increase of 5.74.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 20.46. This value exceeds the healthy maximum of 20. It has increased from 14.29 (Mar 23) to 20.46, marking an increase of 6.17.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 31.02. This value is within the healthy range. It has increased from 23.50 (Mar 23) to 31.02, marking an increase of 7.52.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 35.65. This value is within the healthy range. It has increased from 26.46 (Mar 23) to 35.65, marking an increase of 9.19.
  • For Return On Assets (%), as of Mar 24, the value is 6.57. This value is within the healthy range. It has increased from 3.79 (Mar 23) to 6.57, marking an increase of 2.78.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.32. It has increased from 0.26 (Mar 23) to 0.32, marking an increase of 0.06.
  • For Current Ratio (X), as of Mar 24, the value is 1.14. This value is below the healthy minimum of 1.5. It has increased from 1.08 (Mar 23) to 1.14, marking an increase of 0.06.
  • For Quick Ratio (X), as of Mar 24, the value is 0.88. This value is below the healthy minimum of 1. It has increased from 0.77 (Mar 23) to 0.88, marking an increase of 0.11.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 4. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 23.11. This value is within the healthy range. It has increased from 19.33 (Mar 23) to 23.11, marking an increase of 3.78.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 22.16. This value is within the healthy range. It has increased from 18.11 (Mar 23) to 22.16, marking an increase of 4.05.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 76.89. This value exceeds the healthy maximum of 70. It has decreased from 80.67 (Mar 23) to 76.89, marking a decrease of 3.78.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 77.84. This value exceeds the healthy maximum of 70. It has decreased from 81.89 (Mar 23) to 77.84, marking a decrease of 4.05.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 490.84. This value is within the healthy range. It has increased from 233.07 (Mar 23) to 490.84, marking an increase of 257.77.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 354.30. This value is within the healthy range. It has increased from 165.22 (Mar 23) to 354.30, marking an increase of 189.08.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 23,322.86. It has increased from 92.69 (Mar 23) to 23,322.86, marking an increase of 23,230.17.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.46. This value is within the healthy range. It has increased from 0.01 (Mar 23) to 2.46, marking an increase of 2.45.
  • For EV / EBITDA (X), as of Mar 24, the value is 9.28. This value is within the healthy range. It has increased from 0.06 (Mar 23) to 9.28, marking an increase of 9.22.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.96. This value exceeds the healthy maximum of 3. It has increased from 1.71 (Mar 23) to 3.96, marking an increase of 2.25.
  • For Retention Ratios (%), as of Mar 24, the value is 76.88. This value exceeds the healthy maximum of 70. It has decreased from 80.66 (Mar 23) to 76.88, marking a decrease of 3.78.
  • For Price / BV (X), as of Mar 24, the value is 6.01. This value exceeds the healthy maximum of 3. It has increased from 2.81 (Mar 23) to 6.01, marking an increase of 3.20.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.96. This value exceeds the healthy maximum of 3. It has increased from 1.71 (Mar 23) to 3.96, marking an increase of 2.25.
  • For EarningsYield, as of Mar 24, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.08 (Mar 23) to 0.05, 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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mazagon Dock Shipbuilders Ltd as of March 11, 2025 is: ₹1,754.29

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 11, 2025, Mazagon Dock Shipbuilders Ltd is Overvalued by 24.97% compared to the current share price 2,338.00

Intrinsic Value of Mazagon Dock Shipbuilders Ltd as of March 11, 2025 is: 2,469.62

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 11, 2025, Mazagon Dock Shipbuilders Ltd is Undervalued by 5.63% compared to the current share price 2,338.00

Last 5 Year EPS CAGR: 40.78%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 28.58%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -540.75, which is a positive sign.
  3. The company has higher reserves (2,950.69 cr) compared to borrowings (25.15 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (4.77 cr) and profit (580.23 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 205.50, which may not be favorable.

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:
    1. Net Profit Margin: 19.1%
      • 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.
    2. ROCE: 35.65% (Industry Average ROCE: 19.91%)
      • 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.
    3. ROE%: 31.02% (Industry Average ROE: 20.26%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 354.3
      • 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.
    5. Quick Ratio: 0.88
      • 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.
    6. Stock P/E: 35.6 (Industry average Stock P/E: 45.27)
      • 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.
    7. 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.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Mazagon Dock Shipbuilders Ltd. is a Public Limited Listed company incorporated on 26/02/1934 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L35100MH1934GOI002079 and registration number is 002079. Currently Company is involved in the business activities of Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities. Company's Total Operating Revenue is Rs. 9466.58 Cr. and Equity Capital is Rs. 201.69 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Ship - Docks/Breaking/RepairsDockyard Road, Mumbai Maharashtra 400010investor@mazdock.com
https://mazagondock.in
Management
NamePosition Held
Mr. Sanjeev SinghalChairman & Managing Director
Mr. Biju GeorgeDirector
Mr. Vasudev PuranikDirector
Mrs. Jagjeet Kaur Neeru SinghIndependent Director
Mr. Chandu Sambasiva RaoIndependent Director
Mr. Mallikarjunarao BhyrisettyIndependent Director
Mr. Dattaprasad KholkarIndependent Director
Mr. Amit SatijaGovernment Nominee Director

FAQ

What is the latest intrinsic value of Mazagon Dock Shipbuilders Ltd?

The latest intrinsic value of Mazagon Dock Shipbuilders Ltd as on 11 March 2025 is ₹1754.29, which is 24.97% lower than the current market price of 2,338.00, indicating the stock is overvalued by 24.97%. The intrinsic value of Mazagon Dock Shipbuilders Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹94,318 Cr. and recorded a high/low of ₹2,930/898 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹6,352 Cr and total liabilities of ₹27,530 Cr.

What is the Market Cap of Mazagon Dock Shipbuilders Ltd?

The Market Cap of Mazagon Dock Shipbuilders Ltd is 94,318 Cr..

What is the current Stock Price of Mazagon Dock Shipbuilders Ltd as on 11 March 2025?

The current stock price of Mazagon Dock Shipbuilders Ltd as on 11 March 2025 is ₹2,338.

What is the High / Low of Mazagon Dock Shipbuilders Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Mazagon Dock Shipbuilders Ltd stocks is ₹2,930/898.

What is the Stock P/E of Mazagon Dock Shipbuilders Ltd?

The Stock P/E of Mazagon Dock Shipbuilders Ltd is 35.6.

What is the Book Value of Mazagon Dock Shipbuilders Ltd?

The Book Value of Mazagon Dock Shipbuilders Ltd is 162.

What is the Dividend Yield of Mazagon Dock Shipbuilders Ltd?

The Dividend Yield of Mazagon Dock Shipbuilders Ltd is 0.59 %.

What is the ROCE of Mazagon Dock Shipbuilders Ltd?

The ROCE of Mazagon Dock Shipbuilders Ltd is 50.6 %.

What is the ROE of Mazagon Dock Shipbuilders Ltd?

The ROE of Mazagon Dock Shipbuilders Ltd is 37.8 %.

What is the Face Value of Mazagon Dock Shipbuilders Ltd?

The Face Value of Mazagon Dock Shipbuilders Ltd is 5.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mazagon Dock Shipbuilders Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE