Mazagon Dock Shipbuilders Ltd, Fundamental analysis

Mazagon Dock Shipbuilders Ltd - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Aerospace & Defence
Variance Full Year Net Profit Variance	7
Equity Latest Equity	201.69
Face Value Latest Face Value	5
Reserves Total Reserve	9553.19
Dividend Full Year Dividend %	362
Sales Turnover Full Year Net Sales	13006.31
Net Profit Full Year Net Profit	2583.38
Full Year CPS Full Year Cash Per Share	66.4
Earning Per Share Full Year Earning Per Share	64
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	3850.39
Previous EPS Previous earnings per share	0
Book Value Book value	241.8
Networth Full Year Return on Networth	32.11
Price/Book Value Price to Book value	9.491315
Yearly PE ratio Full Year Price to Earning per share	35.8
Yearly PC ratio Full Year Price to Cash Per Share	34.5
Bse value BSE Value in lakhs	1127.86
Nse value NSE Value in lakhs	9863.6
High 52 week high	3061
Low 52 week low	2057
Price NSE Current market price	2294
CPM Current market price	2295

Market cap BSE / NSE Market Cap	92561.59
Net profit Latest Quarter Net Profit	679.18
Net profit variance Latest Quarter Net Profit variance	109
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	10579.97
TTM OP Trailing Twelve 12 month Operating Profit	2216.21
TTM OPM Trailing Twelve 12 month Operating Profit Margin	20.95
TTM GP Trailing Twelve 12 month Gross Profit	3333.46
TTM GPM Trailing Twelve 12 month Gross Profit Margin	25.63
TTM NP Trailing Twelve 12 month Net Profit	2570.93
TTM NPV Trailing Twelve 12 month Net Profit Variane	7.06
TTM EPS Trailing Twelve 12 month EPS	64.04
TTM PE Trailing Twelve 12 month PE	35.83
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	89.93
Equity Latest Equity	201.69
LTP Latest Price (BSE/NSE)	2295
Gross block Latest Gross Block	2091.01
Loans Total loans	20.33
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	17.4
Year GPM Full Year Gross Profit Margin	25.6
Quarter OPM Latest quater Operation Profit Margin	14.1

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	2,357	2,757	3,144	3,174	2,626	2,929	3,601	3,850
YOY Sales Growth %	8%	51%	33%	2%	11%	6%	15%	21%
Gross Sales	2,357	2,757	3,144	3,174	2,626	2,929	3,601	3,850
+ Expenses	1,715	2,246	2,327	3,055	2,324	2,235	2,714	3,308
Material Cost %	47%	50%	31%	34%	34%	41%	48%	47%
Raw Material Cost	1,106	1,368	973	1,083	891	1,201	1,720	1,826
Manufacturing Cost %	16%	9%	19%	27%	17%	11%	10%	23%
Employee Cost %	10%	8%	8%	9%	10%	8%	7%	6%
Other Cost %	0%	14%	17%	26%	28%	16%	11%	10%
Raw Materials %	47%	50%	31%	34%	34%	41%	48%	47%
Purchase of Finished Goods %	0%	12%	11%	11%	8%	17%	10%	15%
Power & Fuel %	0%	0%	0%	0%	0%	0%	0%	0%
Other Manufacturing Expenses %	16%	9%	19%	27%	16%	11%	10%	23%
Provisions & Contingencies %	0%	2%	6%	15%	21%	-1%	1%	-5%
Operating Profit	642	511	817	119	302	695	887	543
OPM %	27%	19%	26%	4%	11%	24%	25%	14%
+ Other Income	271	258	291	287	324	271	262	283
Miscellaneous Income	271	258	291	287	324	271	262	283
Interest	1	5	5	8	35	8	6	10
Depreciation	23	23	40	29	23	24	23	23
Profit before tax	889	740	1,063	370	567	934	1,120	793
+ Tax %	25%	25%	28%	21%	26%	24%	25%	20%
Current Tax	215	197	261	190	293	184	327	148
Deferred Tax	7	-9	34	-111	-145	40	-45	12
+ Net Profit	696	585	807	325	452	749	880	674
Profit / Loss of Associates	30	32	39	35	33	40	43	41
Minority Interest (After Tax)	0	0	0	0	0	0	0	5
Net Profit After Minority Interest	696	585	807	325	452	749	880	679
EPS in Rs	34.51	29.01	20.01	8.06	11.21	18.58	21.81	16.84

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	4,127	3,530	4,470	4,614	4,905	4,048	5,733	7,827	9,467	11,432
Sales Growth %		-14%	27%	3%	6%	-17%	42%	37%	21%	21%
Gross Sales					4,918	4,048	5,733	7,827	9,467	11,432
+ Expenses	3,906	3,400	4,313	4,353	4,658	3,950	5,313	7,029	8,055	9,357
Material Cost %	60%	53%	55%	56%	50%	46%	47%	57%	54%	40%
Raw Material Cost	2,492	1,882	2,475	2,597	2,453	1,882	2,693	4,446	5,082	4,531
Manufacturing Cost %	8%	12%	16%	18%	24%	25%	27%	19%	19%	25%
Employee Cost %	18%	20%	20%	15%	16%	16%	14%	10%	9%	9%
Other Cost %	8%	11%	6%	6%	5%	10%	4%	4%	3%	9%
Raw Materials %	60%	53%	55%	56%	50%	46%	47%	57%	54%	40%
Purchase of Finished Goods %					0%	0%	0%	0%	0%	9%
Power & Fuel %	1%	1%	1%	0%	0%	0%	0%	0%	0%	0%
Other Manufacturing Expenses %	7%	11%	15%	17%	23%	25%	27%	19%	18%	25%
Selling & Administration %	6%	7%	4%	3%	4%	6%	2%	2%	1%	2%
Miscellaneous Expenses %	1%	5%	1%	3%	2%	4%	2%	2%	2%	7%
Provisions & Contingencies %					1%	0%	2%	1%	2%	6%
Operating Profit	221	129	157	261	247	98	421	798	1,412	2,074
OPM %	5%	4%	4%	6%	5%	2%	7%	10%	15%	18%
+ Other Income	761	766	565	617	558	574	410	687	1,101	1,121
Miscellaneous Income					558	574	410	687	1,101	1,106
Interest	16	17	20	36	13	11	14	9	9	10
Depreciation	44	39	52	64	69	60	75	76	83	115
Profit before tax					727	604	749	1,403	2,425	3,062
+ Tax %					48%	25%	25%	25%	25%	26%
Current Tax	352	293	292	332	180	149	209	360	766	863
Deferred Tax	9	21	-35	-24	169	2	-23	-3	-150	-78
+ Net Profit					471	514	611	1,119	1,937	2,414
Profit Growth %						20%	24%	86%	73%	26%
Extraordinary Income / Expense					-12	-126	-14	0	0	0
Exceptional Item					-12	-126	-14	0	0	0
Profit / Loss of Associates	34	60	103	62	93	60	48	73	128	136
Net Profit After Minority Interest	596	585	496	532	471	514	611	1,119	1,937	2,414
EPS in Rs	281.66	210.73	17.56	20.99	18.70	22.48	27.92	51.87	89.69	56.46

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	199	249	224	224	202	202	202	202	202	202
Reserves	2,442	2,730	2,610	2,993	2,858	3,230	3,656	4,558	6,042	7,738
+ Borrowings	0	0	0	0	0	30	12	6	1	20
Unsecured Borrowings	0	0	0	0	0	30	12	6	1	20
+ Other Liabilities	16,386	16,366	16,540	17,633	17,883	21,679	25,904	24,709	23,219	20,844
Current Liabilities	15,099	15,073	15,227	16,337	16,532	20,850	25,244	24,210	22,713	19,988
Provisions	69	86	124	100	129	72	117	187	206	397
Other liability items	1,334	1,394	1,419	1,407	1,422	894	724	563	570	925
Total Liabilities	19,028	19,345	19,374	20,850	20,943	25,140	29,773	29,476	29,463	28,804
+ Fixed Assets	368	546	705	810	836	807	965	1,024	838	1,466
Gross Block	638	845	851	1,007	1,090	1,129	1,352	1,482	1,343	2,091
Accumulated Depreciation	270	298	145	196	253	322	387	457	505	625
CWIP	170	98	85	89	80	80	87	62	72	133
Investments	324	376	429	431	484	519	542	589	679	765
+ Other Assets	18,166	18,324	18,154	19,520	19,542	23,735	28,179	27,801	27,875	26,441
Inventories	4,247	4,032	3,789	3,792	4,625	5,891	7,703	7,369	5,728	4,634
Trade receivables	920	746	1,113	1,473	1,433	966	1,005	1,002	1,847	1,067
Cash Equivalents	8,803	8,363	7,190	7,470	5,798	8,028	11,480	13,286	14,210	16,150
Loans n Advances	3,979	4,939	5,614	6,038	6,703	7,691	6,854	4,953	4,682	3,706
Other asset items	217	244	448	747	983	1,159	1,136	1,190	1,408	883
Total Assets	19,028	19,345	19,374	20,850	20,943	25,140	29,773	29,476	29,463	28,804

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	746	-1,003	491	65	-96	68	-163	1,516	684	2,078
Profit from Operations	293	242	218	299	269	303	474	870	1,506	2,165
Working Capital Changes	763	-898	580	82	-157	-78	-335	958	-145	856
Profit Before Tax & Extraordinary Items	950	831	650	778	727	604	749	1,403	2,425	3,062
Depreciation	32	42	53	64	71	71	75	76	83	115
Interest (Net)	-668	-628	-478	-536	-522	-364	-345	-600	-994	-1,006
Profit / Loss on Sale of Assets	0	0	0	0	2	0	3	-1	-1	-1
Profit / Loss in Forex	0	0	0	0	0	0	0	0	0	1
Receivables	545	229	-298	-357	46	471	-38	8	-860	784
Inventories	-1,784	216	243	-4	-832	-1,266	-1,811	343	1,643	1,176
Trade Payables	2,029	-161	1,434	468	1,830	1,106	-529	-1,802	24	-230
Loans & Advances	-36	0	0	0	0	0	0	0	0	0
Direct Taxes Paid	-310	-346	-307	-316	-208	-157	-302	-312	-677	-943
+ Cash from Investing Activity	560	493	348	417	454	348	326	-150	1,420	-1,299
Purchase of Fixed Assets	-107	-218	-193	-172	-110	-42	-34	-141	-431	-743
Sale of Fixed Assets	0	1	0	0	0	0	1	1	105	325
Capital WIP	-24	71	13	-3	9	0	-7	25	-10	-62
Interest Received	684	633	483	541	528	368	347	602	994	1,006
Dividend Received	7	9	47	47	31	26	23	27	37	48
Others	0	-2	-2	3	-5	-4	-5	-664	725	-1,873
+ Cash from Financing Activity	-119	-245	-608	-126	-605	-160	-183	-218	-449	-712
Proceeds from Other Long-Term Borrowings	2	0	0	0	0	0	0	0	0	0
Repayment of Financial Liabilities	0	-5	-5	-5	-5	0	0	0	0	0
Dividend Paid	-120	-240	-295	-121	-262	-155	-180	-216	-448	-712
Interest Paid	0	0	0	0	0	-5	-3	-2	-1	0
Others	0	0	-307	0	-337	0	0	0	0	0
Net Cash Flow	1,188	-755	231	356	-246	257	-19	1,148	1,655	67