Industrial Manufacturing
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Reasonably good balance sheet.
Technicals: Bullish SharesGuru indicator.
Growth: Good revenue growth. With 75.7% growth over past three years, the company is going strong.
Past Returns: Outperforming stock! In past three years, the stock has provided 93.7% return compared to 13.6% by NIFTY 50.
Smart Money: Smart money has been increasing their position in the stock.
Size: It is among the top 200 market size companies of india.
Profitability: Very strong Profitability. One year profit margin are 18%.
No major cons observed.
Valuation | |
|---|---|
| Market Cap | 1.03 LCr |
| Price/Earnings (Trailing) | 43.99 |
| Price/Sales (Trailing) | 7.88 |
| EV/EBITDA | 32.15 |
| Price/Free Cashflow | 85.62 |
| MarketCap/EBT | 35.01 |
| Enterprise Value | 98.36 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 13.03 kCr |
| Rev. Growth (Yr) | 6.3% |
| Earnings (TTM) | 2.33 kCr |
| Earnings Growth (Yr) | 28.1% |
Profitability | |
|---|---|
| Operating Margin | 23% |
| EBT Margin | 23% |
| Return on Equity | 26.19% |
| Return on Assets | 8.99% |
| Free Cashflow Yield | 1.17% |
Growth & Returns | |
|---|---|
| Price Change 1W | 8% |
| Price Change 1M | -5.2% |
| Price Change 6M | -19.8% |
| Price Change 1Y | 10% |
| 3Y Cumulative Return | 93.7% |
| 5Y Cumulative Return | 88.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -1.3 kCr |
| Cash Flow from Operations (TTM) | 2.08 kCr |
| Cash Flow from Financing (TTM) | -712.04 Cr |
| Cash & Equivalents | 4.32 kCr |
| Free Cash Flow (TTM) | 1.33 kCr |
| Free Cash Flow/Share (TTM) | 33.09 |
Balance Sheet | |
|---|---|
| Total Assets | 25.95 kCr |
| Total Liabilities | 17.04 kCr |
| Shareholder Equity | 8.91 kCr |
| Current Assets | 21.85 kCr |
| Current Liabilities | 15.62 kCr |
| Net PPE | 1.42 kCr |
| Inventory | 4.01 kCr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 262.54 |
| Interest/Cashflow Ops | 473.28 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 11.71 |
| Dividend Yield | 0.46% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Updated May 4, 2025
Despite the current optimism, potential risks remain due to geopolitical tensions which can impact market performance.
The volatility in defense stocks can be a concern for investors looking for stability.
Overall market conditions remain uncertain, which might affect investor sentiment in the long term.
Mazagon Dock Shipbuilders Ltd. shares hit a record high, gaining 15% over the last two trading sessions.
The stock has appreciated 60% since a low in February, reflecting strong investor interest.
Analysts have set a potential upside target of ?3,950 for the stock over the next six months.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Summary of Mazagon Dock Shipbuilders's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
In the Q2 FY26 Earnings Conference Call, management provided a positive outlook for Mazagon Dock Shipbuilders. The company anticipates a revenue of approximately INR 12,500 crores for the current fiscal year, with an expected growth of about 5% in the following year. Management expressed confidence that as submarine projects commence, there will be a significant improvement in both revenue and profits.
Key forward-looking points include:
Order Book: The order book currently stands at around INR 27,415 crores, with expectations to exceed INR 100,000 crores by FY27. Management is optimistic about securing additional orders as negotiations for the three Scorpene submarines (P75) and the P75I project progress.
Submarine Projects: Completion of commercial negotiations for the three additional Scorpene submarines is anticipated soon, with contracts expected to be signed within the financial year. For the P75I project, management expects to complete negotiations by the end of this calendar year.
Landing Platform Dock (LPD): Management has signed an exclusive MoU with Swan Shipyard for bidding on the LPD project worth approximately INR 40,000 crores. This partnership aims to leverage both entities' capabilities in project management and infrastructure.
Financial Capacity: The net worth of the company stands at INR 8,083 crores for standalone and INR 8,910 crores on a consolidated basis. Earnings per share are reported to be INR 17.73 for standalone and INR 18.58 on a consolidated basis.
Future Capex Plans: Management plans a capex of INR 500 crores for the current year, focusing on projects such as floating docks, and anticipates an investment of around INR 5,000 crores for setting up a greenfield shipyard in Tuticorin over the next five years.
Margins: Management projects stable operational margins around 15%, with potential higher margins due to efficiency in handling familiar submarine and destroyer projects.
Overall, the management's outlook is optimistic, spurred by upcoming contracts, strategic partnerships, and ongoing projects.
Last updated:
Atul Tiwari (J.P. Morgan): Status of P75 Scorpene Submarine Order?
Krishna Doshi (Ashika Institutional Equities): Revenue Guidance?
Nehal Mehta (Subhkam Ventures): Margin and Revenue Growth Outlook?
Rupam Jaiswal (Investwell): New Partnership with Swan Defense?
Anupam Goswami (SUD Life): Negative Operating Cash Flow?
Atul Tiwari (J.P. Morgan): Colombo Dockyard Acquisition Status?
Sanjeev Zarbade (Antique Stock Broking): Status of ONGC Order?
Dipen Vakil (Phillip Capital): Capex Plans and Tuticorin Yard?
Rakesh Roy: Revenue Mix for Future?
Anirudh Murarka (Continental): Enhancing Shareholder Value?
The responses are concise, maintaining clarity while addressing the core concerns and providing specific forward guidance.
Understand Mazagon Dock Shipbuilders ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| The President of India | 81.22% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Mazagon Dock Shipbuilders against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| LT | Larsen & Toubro | 5.57 LCr | 2.76 LCr | +1.00% | +11.30% | 33.98 | 2.02 | - | - |
| HAL | Hindustan Aeronautics | 2.95 LCr | 35.02 kCr | -0.60% | +4.80% | 34.89 | 8.44 | - | - |
| BEL | Bharat Electronics | 2.92 LCr | 25.85 kCr | -0.90% | +36.80% | 51.35 | 11.31 | - | - |
| BDL | Bharat Dynamics | 54.25 kCr | 4.4 kCr | +0.20% | +21.80% | 123.84 | 12.34 | - | - |
| COCHINSHIP | Cochin Shipyard | 43.51 kCr | 5.48 kCr | -0.80% | +12.60% | 57.27 | 7.94 | - | - |
| GRSE | Garden Reach Shipbuilders & Engineers | 28.2 kCr | 6.23 kCr | -9.20% | +57.50% | 45.75 | 4.53 | - | - |
Comprehensive comparison against sector averages
MAZDOCK metrics compared to Industrial
| Category | MAZDOCK | Industrial |
|---|---|---|
| PE | 43.99 | 46.72 |
| PS | 7.88 | 4.48 |
| Growth | 11.1 % | 8.1 % |
Mazagon Dock Shipbuilders is a prominent company in the shipbuilding and allied services sector, operating under the stock ticker MAZDOCK. It boasts a significant market capitalization of Rs. 112,393.8 Crores.
Based in Mumbai, India, Mazagon Dock Shipbuilders specializes in the construction and repair of ships, submarines, and various maritime vessels, both domestically and internationally. The company's operations are divided into two main segments: Shipbuilding and Submarine.
In terms of offerings, the company designs and builds a wide array of naval platforms, including:
Additionally, Mazagon Dock produces merchant ships such as general cargo vessels, multipurpose support vessels, offshore supply vessels, tugs, dredgers, passenger-cum-cargo vessels, water tankers, barges, trawlers, and even windmill towers and pontoons.
The company also caters to the oil sector by providing offshore platforms and jack-up rigs, while for coast guard operations, it offers training ships and next-generation offshore patrol vessels. Notably, Mazagon Dock is venturing into artificial intelligence by providing products like remote operated vehicles, AI-enabled phased array ultrasonic testing, and AI-enabled computerized radiography.
Originally named Mazagon Dock Limited, the company rebranded to Mazagon Dock Shipbuilders Limited in May 2015. With a history dating back to 1774, it has established itself as a key player in the maritime industry.
In the last twelve months, Mazagon Dock Shipbuilders reported a revenue of Rs. 12,521.6 Crores, achieving a remarkable revenue growth of 108.9% over the past three years. The company is profitable, having made a profit of Rs. 2,751.2 Crores in the last four quarters. Additionally, it distributes dividends to shareholders, with a current yield of 0.74% and a dividend payout of Rs. 20.65 per share over the past year.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
MAZDOCK vs Industrial (2021 - 2025)