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  2. SECTOR : GENERAL INDUSTRIALS
  3. INDUSTRY : AEROSPACE & DEFENCE
  4. MAZAGON DOCK SHIPBUILDERS LTD.
Mazagon Dock Shipbuilders Ltd.
NSE: MAZDOCK | BSE: 543237

Mazagon Dock Shipbuilders Live Share Price Today, Share Analysis and Chart

aboutMazagon Dock Shipbuilders Limited (MDL) is India’s leading defense public sector undertaking (PSU) shipyard under the Ministry of Defence. Established in 1774 and incorporated in 1934, the company was acquired by the Government of India in 1960. MDL ... Read More
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Ask AI about Mazagon Dock Shipbuilders
1705.30-57.40(-3.26%)
1.1M
NSE+BSE Volume

High vol. this week

NSE 30 Oct, 2026 3:31 PM (IST)

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My Notes

Expensive UnderperformerThese stocks have average quality, expensive valuations and weak momentum. Investors should exercise cautionView SimilarEmbed DVM

Mazagon Dock Shipbuilders Stock Price Analysis

Day Price Range

-3.3% 1 Day return
1705.3 (LTP)
1,7031,765.6
LowHigh

Week Price Range

-8.3% 1 Week return
1705.3 (LTP)
1,687.51,935.6
LowHigh

Month Price Range

-17.4% 1 Month return
1705.3 (LTP)
1,687.52,145
LowHigh

52 Week Price Range

-37.5% 1 Year return
1705.3 (LTP)
1,687.52,848
LowHigh

Mazagon Dock Shipbuilders Forecaster - Analyst Share Price Target and Estimates

Revenue forecast

EPS forecast

CURRENT EPS
64
AVG. ESTIMATE
59.5
LOW ESTIMATE
51
HIGH ESTIMATE
70
CURRENT EPS
AVG. ESTIMATE

Consensus Recommendation

14 ANALYST Recommendations
HOLD
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Mazagon Dock Shipbuilders Technical Analysis

Mazagon Dock Shipbuilders EMA & SMA

Bearish-8
0 bullish, 8 bearish
Bullish0
Bearish8
5 Day1771.5
10 Day1847.4
12 Day1871.9
20 Day1951.7
26 Day2000.1
50 Day2133.3
100 Day2263.3
200 Day2374.1

Mazagon Dock Shipbuilders Delivery And Volume

Daily Avg. Delivery Volume %
30 Oct, 202632.2%
Week23.3%
Month28.1%

Mazagon Dock Shipbuilders Active Candlesticks

Hikkake Uptrend
Legend
Positive IndicatorNeutral IndicatorNegative Indicator

Mazagon Dock Shipbuilders Resistance and Support

1724.63
Pivot
First Resistance1746.3
Second Resistance1787.2
Third Resistance1808.9
First Support1683.7
Second Support1662.0
Third Support1621.1
Day RSI22.2
Day MACD-128.2
Day MFI21.1
Day MACD Signal Line-105.4

Mazagon Dock Shipbuilders Beta

1 Month1.5
1 Year1.4
3 Month1.3
3 Year1.5

Mazagon Dock Shipbuilders Price Change Analysis

↓-17.4%
Over 1 Month
LowHigh
1687.52145
↓-28.4%
Over 3 Months
LowHigh
1687.52656.8
↓-37.6%
Over 6 Months
LowHigh
1687.52759
↓-37.5%
Over 1 Year
LowHigh
1687.52848

Mazagon Dock Shipbuilders Shareholding Pattern/ Ownership

Shareholding Summary

Sep 2026
 
NameCategorySharesShares %
The President Of IndiaPromoter327,618,50181.2 %
Life Insurance Corporation Of IndiaDii13,363,5763.3 %

HISTORICAL PROMOTER HOLDING

HISTORICAL FII HOLDING

HISTORICAL MF HOLDING

Mazagon Dock Shipbuilders Deals - Insider, Bulk, Block and SAST

Client NameDeal TypeActionDateAvg. PriceQuantityExchange
NK SECURITIES RESEARCH PRIVATE LIMITEDBulkSell08 Sep 20232307.011,089,984NSE
NK SECURITIES RESEARCH PRIVATE LIMITEDBulkPurchase08 Sep 20232305.811,089,984NSE
GRAVITON RESEARCH CAPITAL LLPBulkSell07 Sep 20232051.161,061,807NSE
GRAVITON RESEARCH CAPITAL LLPBulkPurchase07 Sep 20232050.631,061,807NSE
GRAVITON RESEARCH CAPITAL LLPBulkSell16 Jun 20231147.301,410,881NSE
GRAVITON RESEARCH CAPITAL LLPBulkPurchase16 Jun 20231147.061,410,881NSE
GRAVITON RESEARCH CAPITAL LLPBulkSell06 Jun 20231034.781,447,362NSE
GRAVITON RESEARCH CAPITAL LLPBulkPurchase06 Jun 20231034.501,447,362NSE
GRAVITON RESEARCH CAPITAL LLPBulkSell23 Nov 2022894.911,264,424NSE
GRAVITON RESEARCH CAPITAL LLPBulkPurchase23 Nov 2022894.711,264,424NSE

Mazagon Dock Shipbuilders Corporate Actions

Mazagon Dock Shipbuilders Dividend history and yield

Mazagon Dock Shipbuilders dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Mazagon Dock Shipbuilders dividend yield over time.

#Ex-Date
Dividend AmountDividend TypeRecord DateInstrument Type
103 Nov 2026
5INTERIM03 Nov 2026Equity Share
220 Aug 2026
4.62FINAL20 Aug 2026Equity Share
313 Feb 2026
7.5INTERIM13 Feb 2026Equity Share
404 Nov 2025
6INTERIM04 Nov 2025Equity Share
519 Sep 2025
2.71FINAL19 Sep 2025Equity Share

Mazagon Dock Shipbuilders Board Meetings

Mazagon Dock Shipbuilders past and upcoming board meetings.

#Ex-Date
PurposeNotes
127 Oct 2026
Quarterly Results & Interim Dividend-
230 Jul 2026
Quarterly Results-
330 Apr 2026
Audited Results & Final Dividend-
405 Feb 2026
Quarterly Results & Interim Dividend-
527 Oct 2025
Quarterly Results & Interim Dividend-

Mazagon Dock Shipbuilders Stock Split

Mazagon Dock Shipbuilders stock split details, including announcement, record, and ex-split dates, along with the split ratios

#Ex-Date
Old FVNew FVRecord Date
127 Dec 2024
10527 Dec 2024

Mazagon Dock Shipbuilders Research Reports

Mazagon Dock Shipbuilders research reports with share price targets, and buy/hold/sell recommendations from top brokers.

#
Date
Broker NameTargetPrice When RecommendedTypeUpsideChange Since RecommendationLinks
104 May 2026ICICI Direct30602633.4Buy16.2%-35.24%pdf
212 Apr 2026ICICI Direct30602494.9Buy22.65%-31.65%pdf
324 Feb 2026Geojit BNP Paribas24842237.8Hold11%-23.8%pdf
408 Feb 2026ICICI Direct
Reco
30602472.5Buy23.76%-31.03%pdf
528 Oct 2025ICICI Direct
Reco
Target
30602774.2Hold10.3%-38.53%pdf

Mazagon Dock Shipbuilders Corporate Filings

Mazagon Dock Shipbuilders BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.

DateAnnouncement TitleDetailsLinks
28 Oct 2026
Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Mazagon Dock Shipbuilders Limited has informed the Exchange about Newspaper Advertisement regarding Unaudited Financial Results for the quarter ended 30 September 2026.
PDF
27 Oct 2026
Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Dividend Updates
Communication with respect to Tax Deduction at Source (TDS) on Interim Dividend for the FY 2026-27 is attached herewith.
PDF
27 Oct 2026
Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation
Mazagon Dock Shipbuilders Limited has informed the Exchange about Corporate Investors Presentation on Company''s Performance for the quarter and period ended on 30 September 2026.
PDF
27 Oct 2026
Q2FY27 Quarterly Result Announced for Mazagon Dock Shipbuilders Ltd.
Aerospace & Defence company Mazagon Dock Shipbuilders announced Q2FY27 results Consolidated Financial Highlights: Revenue from Operations: Reached Rs 2,44,609 lakh in Q2FY27 compared to Rs 2,94,270 lakh in Q1FY27, registering a QoQ decline of 16.88%. Decreased by 16.49% YoY compared to Rs 2,92,924 lakh in Q2FY26. Total Income: Stood at Rs 2,69,706 lakh in Q2FY27 compared to Rs 3,23,567 lakh in Q1FY27, reflecting a QoQ decrease of 16.65%. Dropped by 15.73% YoY compared to Rs 3,20,056 lakh in Q2FY26. Profit Before Tax and Exceptional Items: Stood at Rs 39,945 lakh in Q2FY27 compared to Rs 68,645 lakh in Q1FY27, decreasing by 41.81% QoQ. Decreased by 57.23% YoY from Rs 93,394 lakh in Q2FY26. Profit for the Year / Period: Reached Rs 34,640 lakh in Q2FY27 compared to Rs 55,046 lakh in Q1FY27, down 37.07% QoQ. Declined by 53.78% YoY from Rs 74,948 lakh in Q2FY26. Profit Attributable to Owners of the Company: Stood at Rs 34,412 lakh in Q2FY27 compared to Rs 54,941 lakh in Q1FY27, down 37.37% QoQ. Declined by 54.09% YoY from Rs 74,948 lakh in Q2FY26. Total Comprehensive Income: Stood at Rs 35,094 lakh in Q2FY27 compared to Rs 55,130 lakh in Q1FY27, down 36.34% QoQ. Decreased by 53.24% YoY compared to Rs 75,045 lakh in Q2FY26. Total Comprehensive Income Attributable to Owners of the Company: Reached Rs 34,885 lakh in Q2FY27 compared to Rs 55,005 lakh in Q1FY27, showing a QoQ decline of 36.58%. Dropped by 53.51% YoY from Rs 75,045 lakh in Q2FY26. Earnings Per Share (EPS): Basic and Diluted EPS stood at Rs 8.53 in Q2FY27 compared to Rs 13.62 in Q1FY27 and Rs 18.58 in Q2FY26. Standalone Financial Highlights: Revenue from Operations: Stood at Rs 2,22,808 lakh in Q2FY27 compared to Rs 2,77,009 lakh in Q1FY27, showing a QoQ decline of 19.57%. Decreased by 23.94% YoY against Rs 2,92,924 lakh in Q2FY26. Total Income: Stood at Rs 2,52,461 lakh in Q2FY27 compared to Rs 3,06,054 lakh in Q1FY27, reflecting a decrease of 17.51% QoQ. Declined by 21.26% YoY from Rs 3,20,606 lakh in Q2FY26. Profit Before Tax and Exceptional Items: Reached Rs 44,165 lakh in Q2FY27 compared to Rs 68,412 lakh in Q1FY27, down 35.44% QoQ. Declined by 52.99% YoY compared to Rs 93,944 lakh in Q2FY26. Profit for the Year / Period: Stood at Rs 34,020 lakh in Q2FY27 compared to Rs 50,971 lakh in Q1FY27, recording a QoQ drop of 33.26%. Dropped by 52.44% YoY compared to Rs 71,537 lakh in Q2FY26. Total Comprehensive Income: Stood at Rs 34,356 lakh in Q2FY27 compared to Rs 50,964 lakh in Q1FY27, down 32.59% QoQ. Decreased by 51.97% YoY from Rs 71,532 lakh in Q2FY26. Earnings Per Share (EPS): Basic and Diluted EPS was Rs 8.43 in Q2FY27 compared to Rs 12.64 in Q1FY27 and Rs 17.73 in Q2FY26. Business Highlights Segment Information: The company is engaged in the production of Defence Equipment and is exempted from 'Segment Reporting' vide notification S.O.802(E), dated February 23, 2018 (amending notification No. G.S.R.463 (E) dated June 5, 2015). In view of this, no separate disclosure is made for operating segments under Ind AS 108. Interim Dividend: The Board of Directors declared an Interim Dividend of Rs 5 per equity share of Rs 5 each fully paid-up for FY27, fixing November 03, 2026, as the Record Date. The payment will be completed on or before November 26, 2026. Increase in Authorized Share Capital: Approved an increase in authorized share capital from Rs 323.72 crore (comprising 64,74,40,000 equity shares of Rs 5 each) to Rs 900 crore (comprising 180,00,00,000 equity shares of Rs 5 each) and consequent alteration of the capital clause of the Memorandum of Association, subject to approvals from DIPAM (through the Administrative Ministry) and the Members of the Company. Result PDF
PDF
27 Oct 2026
Mazagon Dock Shipbuilders Ltd - 543237 - Disclosure Under Para B Of Part A Of Schedule III Read With Regulation 30 Of The SEBI (LODR) Regulations, 2015.
The board at its meeting held on 27 October 2026 has accorded approval for availing additional credit facilities of Rs. 1,250.00 Crore with SBI, Mumbai for issuing SBLC in favour of SBI, Sri Lanka for the subsidiary company Colombo Dockyard PLC, Sri Lanka, as per the terms agreed with CDPLC and the Bank.
PDF

Mazagon Dock Shipbuilders DocumentsAsk MarketMind AI

Mazagon Dock Shipbuilders Earnings Call

Mazagon Dock Shipbuilders earnings calls, including management commentary and AI-generated summaries.

DateTitleLinks
03 Nov 2025Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
06 Jun 2025Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 May 2025Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
30 May 2025Mazagon Dock Shipbuilders Results Earnings Call for Q4FY25 & Full Year
13 Feb 2025Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Mazagon Dock Shipbuilders Annual Reports

Mazagon Dock Shipbuilders financials, including annual results, balance sheets, and cash flow statements.

DateReport TitleLinks
2026Annual Report Mar-2026
2025Annual Report Mar-2025
2024Annual Report Mar-2024
2023Annual Report Mar-2023
2022Annual Report Mar-2022

Mazagon Dock Shipbuilders Investor Presentations

Mazagon Dock Shipbuilders investor presentations, including business updates, financial insights, and strategic initiatives.

DateReport TitleLinks
27 Oct 2026Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation
23 Sep 2026Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation
30 Jul 2026Mazagon Dock Shipbuilders Ltd - 543237 - Corporate Investor Presentation For The Quarter Ended On 30 June 2026
30 Apr 2026Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation
10 Mar 2026Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation

Mazagon Dock Shipbuilders - Company Profile

Mazagon Dock Shipbuilders Management Structure

Mazagon Dock Shipbuilders management structure with salaries, total experience, and qualifications.

NAMEDESIGNATIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Ruchir AgrawalExecutive Director - Finance(Finance),Whole Time Director,Chief Financial Officer118.03Mar 26
Shri. Avadhoot KaranjkarGeneral Manager(HOD-IA)-Mar 26
Lalatendu AcharyaCompany Secretary,Compliance Officer-Mar 26
Shri. Raj Prakash NegiGeneral Manager(Legal Advisor)-Mar 26
Shri. Debasish HazraGeneral Manager(PEPE)-Mar 26
Smt. Alice KurianGeneral Manager(P&PC)-Mar 26
Smt. Devi NairGeneral Manager(PL&Wn/OF)-Mar 26
Shri. Shriniwas SinhaGeneral Manager(Human Resources)-Mar 26
Shri. Rajesh BhardwajGeneral Manager(Secretarial)-Mar 26
Shri. P Srinivas RaoGeneral Manager(Design)-Mar 26
Shri. M A HidayathullahGeneral Manager(FNP)-Mar 26
Shri. Shyamacharan MandalGeneral Manager(Commercial)-Mar 26
Shri. Asif Iqbal QuraishiGeneral Manager(OTS)-Mar 26
Shri. Venkatesan PillayGeneral Manager(Production)-Mar 26
Shri. Hare Ram SinghGeneral Manager(Materials)-Mar 26
Shri. M C JayaprakashGeneral Manager(Indigenisation,R&D)-Mar 26
Shri. Binay SinhaGeneral Manager(CP)-Mar 26
Shri. Vincent Mark DSouzaGeneral Manager(Maintenance)-Mar 26
Shri. Sanjay KumarGeneral Manager-Mar 26
Shri. Dhanaraj PGeneral Manager(R&R)-Mar 26
Shri. Sanjay Kumar SinghGeneral Manager(BD&C)-Mar 26
Shri. Saurabh Kumar GuptaGeneral Manager(FP&S)-Mar 26
Shri. Chandra Vijay SrivastavaGeneral Manager(FCA)-Mar 26
Shri. Thomas E RExecutive Director(QA)-Mar 26
Shri. Arun Kumar ChandExecutive Director(Human Resources)-Mar 26
Shri. Vinod AExecutive Director(P&PC)-Mar 26
Shri. Rajiv Ranjan KumarExecutive Director(Projects)-Mar 26

Mazagon Dock Shipbuilders Board of Directors

Mazagon Dock Shipbuilders Board of directors with salaries, total experience, and qualifications.

NAMEPOSITIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Cdr. Vasudev Ranganath PuranikED / WTD118.03Mar 26
Biju GeorgeExecutive Director (Operation)106.93Mar 26
JAGMOHANChairman / Executive Director / Managing Director79.17Mar 26
Ruchir AgrawalExecutive Director - Finance / WTD / CFO79.01Mar 26
Cmde. S B JamgaonkarED / WTD73.57Mar 26
Kedarnath GuptaIndependent Director3.6Mar 26
Dinesh MahurNominee (Govt)-Mar 26
Lalatendu AcharyaCompany Sec. & Compli. Officer-Mar 26

About the company - Business Profile

Mazagon Dock Shipbuilders Limited (MDL) is India’s leading defense public sector undertaking (PSU) shipyard under the Ministry of Defence. Established in 1774 and incorporated in 1934, the company was acquired by the Government of India in 1960. MDL is the only Indian shipyard to have built destroyers and conventional submarines for the Indian Navy. It primarily serves the maritime security needs of the nation, specializing in the construction and repair of warships and submarines. In 2024, MDL was conferred the Navratna status, becoming the only shipyard in India to hold this classification.

Key Points

  • Key Facts:
    • Founded: 1774 (Acquired by GoI in 1960).
    • Headquarters: Mumbai, Maharashtra.
    • Stock Listing: NSE (MAZDOCK) and BSE (543237).
    • Ownership: Government of India (Ministry of Defence).
  • Operations and Resources:
    • Operates through multiple specialized facilities in Mumbai, including a submarine dry dock, fabrication shops, and a shore integration facility.
    • Shipbuilding Capacity: Total capacity of 4,17,600 DWT with a crane capacity of 300 tonnes.
    • The company utilizes an integrated modular construction methodology and is implementing Industry 4.0 initiatives for digital transformation.
  • Market and Significance:
    • Strategic importance as a primary builder of frontline combatants for the Indian Navy.
    • Product profile includes destroyers, frigates, corvettes, conventional submarines, and offshore patrol vessels.
  • Business Model and Financials:
    • The company operates on a project-based business model, primarily securing contracts from the Ministry of Defence (MoD) and the Indian Coast Guard.
    • Revenue Breakdown (FY25):
      • Revenue from Operations: ₹11,431.88 crore.
      • EBITDA: ₹3,228.79 crore.
      • Profit After Tax (PAT): ₹2,324.88 crore.
    • Segmental Revenue: Dominated by Shipbuilding and Submarine/Heavy Engineering. For the quarter ending December 2025 (Q3FY26), Revenue from Operations reached ₹9,156 crore (standalone).
  • Key Products and Technology:
    • P15B Destroyers: Completed delivery of all four vessels (INS Visakhapatnam, Mormugao, Imphal, and Surat).
    • P17A Stealth Frigates: Lead shipyard for four frigates; the second ship, Udaygiri, was delivered on July 1, 2025.
    • P75 Kalvari Submarines: Delivered all six Scorpene-class submarines between 2017 and 2025.
    • Innovation: Signed an MoU with Naval Group, France, for offering evolved Scorpene submarines to international markets and a Teaming Agreement with Swan Defence for Landing Platform Docks.
  • Order Book and Clients:
    • Total Order Book: ₹23,758 crore as of December 31, 2025 (compared to ₹32,260 crore in March 2025).
    • Major Clients: Indian Navy (MoD), Indian Coast Guard, and ONGC.
    • Active Projects: P17A Stealth Frigates (₹9,911 crore balance), Next Generation Offshore Patrol Vessels, and Medium Refit and Life Certification (MRLC) of submarines.
  • Strategic Initiatives and Outlook:
    • Focusing on the indigenous development of Air Independent Propulsion (AIP) systems and midget submarines.
    • Targeting export markets through collaborations and international submarine acquisition programs.
    • Expansion into the energy sector through projects for ONGC (PRPP and PRP 8 Grade A).

References

  1. Annual Report May 2025
  2. Investor Presentation Mar 2026
  3. Investor Presentation Oct 2025
  4. Annual Report May 2024

Mazagon Dock Shipbuilders FAQ

Mazagon Dock Shipbuilders today is trading in the red, down by 3.26% at ₹1,705.3.
Mazagon Dock Shipbuilders is currently trading down 3.26% on an intraday basis. In the past week the stock fell 8.32%. Stock has been down 28.4% in the past quarter and fell 37.51% in the past year. You can view this in the share price history/seasonality section.
Mazagon Dock Shipbuilders is listed on NSE with the ticker MAZDOCK and on BSE as 543237. It's currently trading on NSE at a share price of ₹1,705.3 and on BSE with a share price of ₹1,705.
The market cap of Mazagon Dock Shipbuilders is ₹68,788.39 Cr. as of Oct 30, 2026.
Mazagon Dock Shipbuilders announced a INTERIM dividend of 100% which equals ₹5 in Nov 03, 2026.The last three ex-dates for Mazagon Dock Shipbuilders were Aug 20, 2026, Feb 13, 2026 and Nov 04, 2025. To view the full dividend history of Mazagon Dock Shipbuilders click here.
Mazagon Dock Shipbuilders has never issued bonus shares, but it has issued 1 stock split since its BSE/NSE listing. The latest announcement for Mazagon Dock Shipbuilders stock split was on Dec 27, 2024 at a ratio of 10:5.
Mazagon Dock Shipbuilders reported ₹2,697.06 Cr. in revenue, ₹344.11 Cr. in net profit, and ₹450.14 Cr. in EBITD as of Oct 27, 2026 for Q2 FY26-27.
According to the predictions of 14 analysts, the share price prediction for Mazagon Dock Shipbuilders is ₹2,160.43 with an upside of 27%.
The PE ratio of Mazagon Dock Shipbuilders is 28.05 as of Oct 30, 2026.
The PB ratio of Mazagon Dock Shipbuilders is 6.7 as of Oct 30, 2026.
You can view the latest analyst reports on the Mazagon Dock Shipbuilders reports dashboard. Either click on the Reports tab on this page's sub-header or click here to be directed to the dashboard.
You can set real-time stock alerts on price, volume, SMA, and several other parameters by scrolling to the top of this page and clicking the bell icon on the far right-hand side of the stock overview.