Mazagon Dock Shipbuilders Ltd Share Price

Ship - Breaking / Repairing

NSE: MAZDOCK Large Cap ISIN: INE249Z01020

As on 22 January 2025 at 15:09 IST

₹2,285.55

-66.30

(-2.82%)

Sell Buy

About Mazagon Dock Shipbuilders Ltd

Mazagon Dock Shipbuilders Limited (MDL) is a premier shipbuilding company in India. The company specialises in constructing and repairing warships and submarines for the Indian Navy and other clients. It operates in the shipbuilding and defence sectors. The company was established in 1774, making it one of the oldest shipyards in India. With over two centuries of experience, MDL has built a strong reputation for quality and innovation in shipbuilding. The headquarters of Mazagon Dock is in Mumbai, Maharashtra. Mazagon Dock's main products include naval ships and various types of commercial vessels. Read More...

Over 1 Month

0.63%

Over 6 Months

-11.67%

Over 1 Year

106.56%

Over 3 Years

1616.68%

Mazagon Dock Shipbuilders Ltd Summary

Close ₹ 2,285.55

Open ₹ 2,355

High ₹ 2,367.15

Low ₹ 2,217

Volume 22,54,651

Net Turnover (in ₹) ₹ 7,95,54,74,368.30

52Wk High ₹ 2,930

52Wk Low ₹ 897.70

52Wk High / Low

897.70

2,930

Mazagon Dock Shipbuilders Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 94,868.93

EPS (TTM) 61.37

Book Value (BV) 162.47

Div. Yield 0.58 %

P/E (TTM) 38.33

Price/Book Value 14.48

Delivery % 16.89 %

Face Value 5

Key Ratios

PE Ratio 20.34

PB Ratio 6.74

EV to Sales 2.46

PEG Ratio 0.28

ROA 30.05

ROE 37.86

Debt-Equity -

Net Profit Margin 19.49

Operating Profit Margin 26.98

Mazagon Dock Shipbuilders Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	10,568.05	8,514.01	6,143.55	4,621.92	5,463
Total Expenses	8,143.22	7,111.33	5,380.25	3,891.96	4,723.90
Profit Before Tax	2,424.83	1,402.68	749.33	603.82	726.78
Profit After Tax	1,808.88	1,046.07	563.11	453.47	377.15
Operating Profit after Depreciation	2,429.95	1,409.05	770.46	738.32	748.36

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	841.33	1,024.33	964.62	806.85	836.35
Total Non Current Assets	3,660.62	3,377.98	3,240.72	3,054.27	2,868.86
Total Current Assets	25,788.19	26,085.19	26,529.44	22,084.24	18,072
TOTAL ASSETS	29,448.81	29,463.17	29,770.16	25,138.51	20,940.86
Total Shareholder's Fund	6,243.47	4,760.16	3,857.68	3,431.71	3,059.38

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	683.75	1,515.60	-162.63	68.21	-95.54
Net Cash used in Investing Activities	1,419.81	-149.66	326.40	348.25	453.72
Net Cash used in Financing Activities	-448.50	-217.99	-183.21	-159.83	-604.58

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	10,604.60	8,540.66	6,166.91	4,648.02	5,517.09
Total Expenses	8,143.22	7,111.33	5,380.25	3,891.96	4,746.66
Profit Before Tax	2,461.38	1,429.33	772.69	629.92	758.11
Profit After Tax	1,845.43	1,072.72	586.47	479.57	408.48
Operating Profit after Depreciation	2,466.50	1,435.70	793.82	764.42	802.45

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	841.33	1,024.33	964.62	806.85	836.35
Total Non Current Assets	2,987.83	2,795.38	2,704.40	2,541.62	2,390.68
Total Current Assets	25,788.19	26,085.19	26,529.44	22,084.24	18,072
TOTAL ASSETS	28,776.02	28,880.57	29,233.84	24,625.86	20,462.68
Total Shareholder's Fund	5,570.68	4,177.56	3,321.36	2,919.06	2,581.20

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	683.75	1,515.60	-162.63	68.21	-95.54
Net Cash used in Investing Activities	1,419.81	-149.66	326.40	348.25	453.72
Net Cash used in Financing Activities	-448.50	-217.99	-183.21	-159.83	-604.58

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	2,756.83	2,357.02	3,103.65	2,362.47	1,827.70
Total Expenses	2,246.18	1,714.76	2,579.53	1,823.29	1,651.08
Profit Before Tax	740.49	888.79	848.64	786.23	406.64
Profit After Tax	552.76	665.94	626.85	591.54	303.87
Operating Profit after Depreciation	764.93	913.26	872.84	807.79	428.10

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	2,756.83	2,357.02	3,103.65	2,362.47	1,827.70
Total Expenses	2,246.18	1,714.76	2,579.53	1,823.29	1,651.08
Profit Before Tax	751.48	888.79	876.12	786.23	415.71
Profit After Tax	563.75	665.94	654.33	591.54	312.94
Operating Profit after Depreciation	775.92	913.26	900.32	807.79	437.17

Mazagon Dock Shipbuilders Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 2,293.47

S2 2,235.08

S3 2,136.82

Pivot 2,391.73

R1 2,450.12

R2 2,548.38

R3 2,606.77

Moving Average

20 SMA 2,249.66

50 SMA 2,263.99

100 SMA 2,194.23

200 SMA 2,027.26

Mazagon Dock Shipbuilders Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Mazagon Dock Shipbuilders Ltd

₹23.19/Share

Announcement Date 30 Oct 2024

Record Date 30 Oct 2024

Div Yield 231.9%

AGM Date: 27 Sep 2022

AGM 27/09/2022 The Eighty Ninth (89th) Annual General Meeting (AGM) of the members of Mazagon Dock Shipbuilders Limited will be held, on Tuesday, September 27, 2022 at 11.00 A.M. (IST) through Video Conferencing (VC)/Other Audio Video Visual Means (OAVM). Pursuant to Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the Company along with the Notice of the AGM for the financial year 2021-22 which is being sent through electronic mode to the Members of the Company. The Annual Report containing the Notice is also available on the website of the Company at https://mazagondock.in This is for your information and records. (As Per BSE Announcement dated on 05.09.2022) Dear Sir/Madam, 1. The Eighty Ninth (89th) Annual General Meeting (AGM) of the members of Mazagon Dock Shipbuilders Limited was held, on Tuesday, September 27, 2022 at 11.00 A.M. (IST) through Video Conferencing (VC)/Other Audio Video Visual Means (OAVM), in accordance with MCA and SEBI Circulars, so transact the business as stated in the Notice dated 30 July 2022 convening the AGM. 2. In this regard, please find enclosed the Summary of the proceedings of the AGM of the Company as required under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, at Annexure- I. This is for your information and records. (As Per BSE Announcement dated on 27.09.2022) Dear Sir/Madam, 1. Voting results of the business transacted at the AGM of the Company held on 27 Sep 2022 as required under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is attached at Annexure A. 2. The Scrutinizer's Report dated 28 Sep 2022 pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules 2014 is enclosed as Annexure B. This is for your information and record. (As Per BSE Announcement Dated on 29/09/2022)

AGM Date: 27 Sep 2023

AGM 27/09/2023 The Ninetieth Annual General Meeting of the members of Mazagon Dock Shipbuilders Limited was held on Wednesday , September 27, 2023 at 11:00 A.M. (IST) through Video conferencing(VC)/ Other Audio Video Visuals Means (OAVM) , in accordance with MCA Circular, so transact the business as stated in the Notice dated 30 May 2023 the AGM (As Per BSE Announcement Dated on 27/09/2023)

AGM Date: 26 Sep 2024

Annual Report of the Company for the Financial Year 2023-24 is attached. The summary of the proceedings of 91st Annual General Meeting of the Company held on 26th September 2024 at 1100 hours through Video Conferencing (VC)/ Other Audio Video Means(OAVM). (As Per Bse Announcement Dated on 26.09.2024) Voting Results of the business transacted at the 91st AGM of the Company held on 26.09.2024 and the Scrutinizers Report is attached. (As Per Bse Announcement Dated on 30.09.2024)

Mazagon Dock Shipbuilders Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Mazagon Dock Shipbuilders Ltd	₹2,352.10	₹94,879.01
Hindustan Aeronautics Ltd	₹4,051.85	₹2,70,977.60
Bharat Electronics Ltd	₹278.90	₹2,03,869.73
Solar Industries India Ltd	₹9,594.15	₹86,817.52
Bharat Dynamics Ltd	₹1,279.05	₹46,885.18
Cochin Shipyard Ltd	₹1,508.90	₹39,696.26

Mazagon Dock Shipbuilders Ltd News

Mazagon Dock Shipbuilders delivers 6th Scorpene Submarine 'VAGHSHEER' to Indian Navy

10 Jan 2025, 10:20 am

Mazagon Dock Shipbuilders wins order of Rs 1990 cr from Ministry of Defence

31 Dec 2024, 01:05 pm

Mazagon Dock secures Rs 1,990-cr contract for enhancing submarine endurance

Mazagon Dock Shipbuilders has signed a contract worth Rs 1,990 crore with Ministry of Defence for construction of air independent propulsion plug for DRDO AIP system & its integration into conventional submarines to enhance their endurance.

31 Dec 2024, 12:59 pm

Mazagon Dock Shipbuilders announces cessation of director

On 27 December 2024

27 Dec 2024, 06:52 pm

Mazagon Dock Shipbuilders delivers two warships to Indian Navy

Mazagon Dock Shipbuilders (MDL) informed that it has delivered the first stealth frigate of Project 17A class and the fourth stealth destroyer of Project 15B class to the Indian Navy.

21 Dec 2024, 02:45 pm

Mazagon Dock Shipbuilders Ltd Stock Analysis

Annual revenue for Mazagon Dock Shipbuilders Ltd increased by 24.17% to ₹10,604.60 crore in FY 2024 from ₹8,540.66 crore in FY 2023.
Annual Net Profit for Mazagon Dock Shipbuilders Ltd increased by 72.03% to ₹1,845.43 crore in FY 2024 from ₹1,072.72 crore in FY 2023.
Promoter Shareholding in Mazagon Dock Shipbuilders Ltd remains unchanged by 0.00% in the most recent quarter, from 84.83% in September 2024 to 84.83% in December 2024.
Mazagon Dock Shipbuilders Ltd delivered a 1-year return of 106.56% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Mazagon Dock Shipbuilders Ltd share price moved down by 2.82% from its previous close of INR ₹2,351.85. The latest Mazagon Dock Shipbuilders Ltd share price is INR ₹2,285.55.
Mazagon Dock Shipbuilders Ltd share price today has been at a low of 2,217 and a high of 2,367.15. Over the past 52 weeks, the Mazagon Dock Shipbuilders Ltd share price has seen a low of 897.70 and a high of 2,930.

About Mazagon Dock Shipbuilders Ltd

Mazagon Dock Shipbuilders Ltd. (MDL) is India’s premier shipbuilding yard. The company is known for its expertise in constructing submarines and warships. These products are built for the Indian Navy. It also manufactures offshore platforms and related support vessels, as well as passenger ships, tankers, cargo bulk carriers, and ferries. MDL is dedicated to delivering high-quality maritime solutions. These solutions are supported by advanced technology and skilled craftsmanship.

Mazagon Dock Shipbuilders falls under the shipbuilding and defence sector. The company was initiated in 1934, making it over many decades old. Over the decades, MDL has grown to become a significant player in the global shipbuilding industry. The company is known for its innovation and quality.

The headquarters of Mazagon Dock Shipbuilders Ltd. is located in Mumbai, Maharashtra, India. MDL's main products include offshore platforms, naval ships, submarines, and associated support vessels. The company builds tankers, builds tankers, cargo bulk carriers, cargo bulk carriers, ferries, and passenger ships. MDL's shipbuilding segment has indigenously built guided-missile destroyers, stealth frigates, destroyers, corvettes, landing platform docks, missile boats, patrol boats, and more.

Mazagon Dock Shipbuilders is one of the largest shipbuilding yards in India. Also, it holds a significant market share in the defence shipbuilding sector. The company's robust capabilities and global reach have positioned it as a key player in the industry.

The promoter shareholding of Mazagon Dock Shipbuilders Ltd. stands at 84.83%. This stake is entirely held by the Government of India, demonstrating strong promoter commitment to the business.

The registered office of Mazagon Dock Shipbuilders Ltd. is located at Dockyard Road, Mazagon, Mumbai - 400010, Maharashtra, India. Its registrar & transfer agent is KFin Technologies Private Limited.
The key managerial promoters of the company include:

Sanjeev Singhal
Biju George
Vasudev Puranik
Jagjeet Kaur Neeru Singh
Chandu Sambasiva Rao

Mazagon Dock Shipbuilders Ltd. is a well-established shipbuilding company in India. The company is known for its comprehensive range of maritime products and strong market presence.

International Base of the Company

Mazagon Dock Shipbuilders Ltd. (MDL) is India’s premier shipbuilding yard, known for its expertise in constructing warships and submarines. These products are specially made for the Indian Navy. The company also manufactures offshore platforms and related support vessels. These vessels are built for drilling offshore oil. Aside from this, MDL constructs passenger ships, tankers, cargo bulk carriers, and ferries. MDL is dedicated to delivering high-quality maritime solutions. This is supported by advanced technology and skilled craftsmanship.

Global Presence
Mazagon Dock Shipbuilders Ltd. has established a strong international presence, with operations and collaborations spanning multiple continents. The company's global footprint is a testament to its ability to deliver high-quality maritime solutions to clients worldwide. MDL's international base is supported by its strategically located shipyards, offices, and partnerships around the world. The company's robust capabilities and global reach have positioned it as a trusted partner for shipbuilding and maritime solutions.

Key International Markets
MDL has successfully penetrated key international markets. This includes Asia, Europe, and the Middle East. In Asia, the company has built strong relationships with various naval forces and commercial clients. This provides them with advanced warships, submarines, and support vessels.

Strategic Partnerships and Alliances
MDL has established strategic partnerships and alliances with leading global shipbuilding companies and defence contractors to enhance its international operations. These collaborations enable the company to leverage local expertise and deliver innovative solutions to its clients. MDL's partnerships with international firms have allowed the company to offer specialized maritime solutions. These solutions cater to the evolving needs of its global clients.

Research and Development
Mazagon Dock Shipbuilders places a strong emphasis on research and development (R&D). This will drive its innovation and maintain its leadership position in the shipbuilding industry. The company operates multiple R&D centres in India. At this centre, it focuses on developing new and advanced maritime solutions. MDL's R&D efforts are supported by a team of highly skilled engineers and researchers who work on cutting-edge technologies and methodologies. The company's commitment to R&D has resulted in a robust pipeline of products and services. These services and products cater to the diverse needs of its international clients.

Quality and Compliance
MDL is committed to maintaining high standards of quality and compliance in its international operations. The company's shipyards adhere to stringent quality control measures and international standards. This ensures the delivery of reliable and secure maritime solutions. MDL's focus on quality and compliance has earned it the trust of its clients. Also, it has established long-term relationships with major players in various industries.

Mazagon Dock Shipbuilders Ltd. has established a strong international base, with a presence on multiple continents and a track record of successfully delivering high-quality maritime solutions worldwide. The company's global operations are supported by its strategically located shipyards, offices, and strategic partnerships. MDL's commitment to innovation, quality, and customer satisfaction has solidified its position as a leading global shipbuilding company. As the company continues to expand its international footprint, it remains dedicated to delivering world-class maritime solutions that drive global maritime excellence.