- NEGATIVE
Quarterly Revenue Mazagon Dock Shipbuilders Sep-2026 Quarterly Revenue is Rs 2,525 Cr which is growth of -21.2% YoY.
- NEGATIVE
Quarterly Net Profit Mazagon Dock Shipbuilders Sep-2026 Quarterly Net Profit is Rs 340 Cr which is growth of -52.4% YoY.
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
1705.30-57.40(-3.26%)
1.1M
NSE+BSE Volume
NSE 30 Oct, 2026 3:31 PM (IST)
Expensive UnderperformerThese stocks have average quality, expensive valuations and weak momentum. Investors should exercise cautionView SimilarEmbed DVM
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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
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Mazagon Dock Shipbuilders quarterly results: revenue, profit, and P&L – 13 quarter history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
YoY & New to Old
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| Indicator | Graph | Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,524.6 | 3,080.8 | 3,965 | 3,862.9 | 3,205.4 | 2,914.9 | 3,520.5 | 3,430.1 | 3,022.1 | 2,628 | 3,479.9 | 2,631.1 | 2,088.3 | ||
Operating Exp. | 1,635.6 | 2,308.2 | 3,500.4 | 2,680.7 | 2,259.7 | 1,783.8 | 2,573.9 | 2,326.5 | 2,246.2 | 1,714.8 | 2,579.5 | 1,823.3 | 1,651.1 | |
Operating Profit | 179.4 | 433.2 | 376.2 | 887 | 694.7 | 301.7 | 90 | 817.1 | 510.7 | 642.3 | 524.1 | 539.2 | 176.6 | |
Operating Profit Margin % | 8.05% | 15.63% | 10.21% | 24.63% | 23.71% | 11.49% | 2.84% | 25.99% | 18.52% | 27.25% | 16.89% | 22.82% | 9.66% | |
Depr. | 23.6 | 23.2 | 22.9 | 23.2 | 23.5 | 23.1 | 28.6 | 39.9 | 23.4 | 23.4 | 22.9 | 20.3 | 20.2 | |
Interest | 10.6 | 35.7 | 10 | 6 | 7.8 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.3 | 1.3 | 1.3 | |
Profit Before Tax | 441.7 | 684.1 | 624.6 | 1,119.6 | 939.4 | 566.9 | 406.4 | 1,062.6 | 751.5 | 888.8 | 876.1 | 786.2 | 415.7 | |
Tax | 101.5 | 174.4 | 160.6 | 282.5 | 224.1 | 147.6 | 79.4 | 294.4 | 187.7 | 222.9 | 221.8 | 194.7 | 102.8 | |
Net Profit | 340.2 | 509.7 | 464 | 837.1 | 715.4 | 419.3 | 327 | 768.2 | 563.8 | 665.9 | 654.3 | 591.5 | 312.9 | |
EPS Adj. latest | 8.4 | 12.6 | 11.5 | 20.8 | 17.7 | 10.4 | 8.1 | 19 | 14 | 16.5 | 16.2 | 14.7 | 7.8 | |
Net profit TTM | 2,151 | 2,526.2 | 2,435.8 | 2,298.8 | 2,229.8 | 2,078.2 | 2,324.9 | 2,652.2 | 2,475.6 | 2,224.8 | 1,845.4 | 1,509.1 | 1,254.8 | |
Basic EPS TTM | 53.3 | 62.6 | 60.4 | 57 | 55.3 | 51.5 | 57.6 | 65.8 | 122.7 | 110.3 | 91.5 | 74.8 | 62.2 | |
Earnings Transcripts | ||||||||||||||
AI Summary | ||||||||||||||
Results PDF | ||||||||||||||
Result Notes |
*All financials are in INR Cr and price data in INR
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Mazagon Dock Shipbuilders Technical Analysis
Mazagon Dock Shipbuilders EMA & SMA
Bearish-8
0 bullish, 8 bearish
Bullish0
Bearish8
| 5 Day | 1771.5 |
|---|---|
| 10 Day | 1847.4 |
| 12 Day | 1871.9 |
| 20 Day | 1951.7 |
| 26 Day | 2000.1 |
|---|---|
| 50 Day | 2133.3 |
| 100 Day | 2263.3 |
| 200 Day | 2374.1 |
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 Resistance | 1746.3 |
|---|---|
| Second Resistance | 1787.2 |
| Third Resistance | 1808.9 |
| First Support | 1683.7 |
|---|---|
| Second Support | 1662.0 |
| Third Support | 1621.1 |
| Day RSI | 22.2 |
|---|---|
| Day MACD | -128.2 |
| Day MFI | 21.1 |
| Day MACD Signal Line | -105.4 |
Mazagon Dock Shipbuilders Beta
| 1 Month | 1.5 |
|---|---|
| 1 Year | 1.4 |
| 3 Month | 1.3 |
|---|---|
| 3 Year | 1.5 |
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 Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| NK SECURITIES RESEARCH PRIVATE LIMITED | Bulk | Sell | 08 Sep 2023 | 2307.01 | 1,089,984 | NSE |
| NK SECURITIES RESEARCH PRIVATE LIMITED | Bulk | Purchase | 08 Sep 2023 | 2305.81 | 1,089,984 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 07 Sep 2023 | 2051.16 | 1,061,807 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 07 Sep 2023 | 2050.63 | 1,061,807 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 16 Jun 2023 | 1147.30 | 1,410,881 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 16 Jun 2023 | 1147.06 | 1,410,881 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 06 Jun 2023 | 1034.78 | 1,447,362 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 06 Jun 2023 | 1034.50 | 1,447,362 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 23 Nov 2022 | 894.91 | 1,264,424 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 23 Nov 2022 | 894.71 | 1,264,424 | NSE |
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 Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
103 Nov 2026 | 5 | INTERIM | 03 Nov 2026 | Equity Share |
220 Aug 2026 | 4.62 | FINAL | 20 Aug 2026 | Equity Share |
313 Feb 2026 | 7.5 | INTERIM | 13 Feb 2026 | Equity Share |
404 Nov 2025 | 6 | INTERIM | 04 Nov 2025 | Equity Share |
519 Sep 2025 | 2.71 | FINAL | 19 Sep 2025 | Equity Share |
Mazagon Dock Shipbuilders Board Meetings
Mazagon Dock Shipbuilders past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
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 FV | New FV | Record Date |
|---|---|---|---|
127 Dec 2024 | 10 | 5 | 27 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 Name | Target | Price When Recommended | Type | Upside | Change Since Recommendation | Links |
|---|---|---|---|---|---|---|---|
| 104 May 2026 | ICICI Direct | 3060 | 2633.4 | Buy | 16.2% | -35.24% | |
| 212 Apr 2026 | ICICI Direct | 3060 | 2494.9 | Buy | 22.65% | -31.65% | |
| 324 Feb 2026 | Geojit BNP Paribas | 2484 | 2237.8 | Hold | 11% | -23.8% | |
| 408 Feb 2026 | ICICI Direct Reco | 3060 | 2472.5 | Buy | 23.76% | -31.03% | |
| 528 Oct 2025 | ICICI Direct Reco Target | 3060 | 2774.2 | Hold | 10.3% | -38.53% |
Mazagon Dock Shipbuilders Corporate Filings
Mazagon Dock Shipbuilders BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.
| Date | Announcement Title | Details | Links |
|---|---|---|---|
| 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. | |
| 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. | |
| 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. | |
| 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 | |
| 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. |
Mazagon Dock Shipbuilders Documents
Mazagon Dock Shipbuilders Earnings Call
Mazagon Dock Shipbuilders earnings calls, including management commentary and AI-generated summaries.
| Date | Title | Links |
|---|---|---|
| 03 Nov 2025 | Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Ai summaryLink |
| 06 Jun 2025 | Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Ai summaryLink |
| 30 May 2025 | Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Link |
| 30 May 2025 | Mazagon Dock Shipbuilders Results Earnings Call for Q4FY25 & Full Year | AudioVideo |
| 13 Feb 2025 | Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Ai summaryLink |
Mazagon Dock Shipbuilders Annual Reports
Mazagon Dock Shipbuilders financials, including annual results, balance sheets, and cash flow statements.
Mazagon Dock Shipbuilders Investor Presentations
Mazagon Dock Shipbuilders investor presentations, including business updates, financial insights, and strategic initiatives.
| Date | Report Title | Links |
|---|---|---|
| 27 Oct 2026 | Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 23 Sep 2026 | Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 30 Jul 2026 | Mazagon Dock Shipbuilders Ltd - 543237 - Corporate Investor Presentation For The Quarter Ended On 30 June 2026 | Link |
| 30 Apr 2026 | Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 10 Mar 2026 | Mazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
Mazagon Dock Shipbuilders - Company Profile
Mazagon Dock Shipbuilders Management Structure
Mazagon Dock Shipbuilders management structure with salaries, total experience, and qualifications.
Mazagon Dock Shipbuilders Board of Directors
Mazagon Dock Shipbuilders Board of directors with salaries, total experience, and qualifications.
Website: www.mazagondock.in
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
