Mazagon Dock Shipbuilders Limited
Mazagon Dock Shipbuilders Limited engages in the building and repairing of ships, submarines, vessels, and related engineering products in India and internationally. The company operates in two segments, Shipbuilding, and Submarine and Heavy Engineering. The company offers naval platforms, such as destroyers, conventional submarines, frigates, corvettes, missile boats, offshore patrol vessels, and floating border outposts. It also provides merchant ships, such as general cargo vessels, multipurpose support vessels, offshore supply vessels, tugs, dredgers, passenger cum cargo vessels, water tankers, barges, trawlers, and windmill towers and pontoons. In addition, the company offers offshore platforms and jack-up rigs for the oil sector. Further, it offers training ships, next-generation offshore patrol vessels, and fast patrol vessels for coast guard ships. Additionally, the company provides AI products, including remotely operated vehicles, AI-enabled phased array ultrasonic testing, and AI-enabled computerized radiography. The company was formerly known as Mazagon Dock Limited and changed its name to Mazagon Dock Shipbuilders Limited in May 2015. Mazagon Dock Shipbuilders Limited was founded in 1774 and is based in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 35.2%
Concerns1
- Other income is 46.2% of PBT β a large share of earnings is non-operating
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ11.43 K Cr | β | βΉ2.33 K Cr | β | β | 32.4% | 20.8% | 26.0% |
| Mar 2024 | βΉ9.47 K Cr | β | βΉ1.84 K Cr | β | β | 33.1% | 21.0% | 71.9% |
| Mar 2023 | βΉ7.83 K Cr | β | βΉ1.07 K Cr | β | β | 25.7% | 36.5% | 83.1% |
| Mar 2022 | βΉ5.73 K Cr | β | βΉ586.00 Cr | β | β | 17.6% | 41.6% | 22.1% |
| Mar 2021 | βΉ4.05 K Cr | β | βΉ480.00 Cr | β | β | 16.4% | -17.5% | 17.6% |
| Mar 2020 | βΉ4.91 K Cr | β | βΉ408.00 Cr | β | β | 15.8% | 6.3% | -21.1% |
| Mar 2019 | βΉ4.61 K Cr | β | βΉ517.00 Cr | β | β | 18.5% | 3.1% | 17.5% |
| Mar 2018 | βΉ4.47 K Cr | β | βΉ440.00 Cr | β | β | 18.2% | 26.8% | -17.4% |
| Mar 2017 | βΉ3.53 K Cr | β | βΉ533.00 Cr | β | β | 20.4% | -14.5% | -6.2% |
| Mar 2016 | βΉ4.13 K Cr | β | βΉ568.00 Cr | β | β | 24.5% | 14.0% | 15.4% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 11,873 |
| Total Expenses | 9,969 |
| EBIT / Operating Profit | 1,903 |
| OPM % | 16% |
| Other Income | 1,232 |
| Finance Costs | 45 |
| Depreciation & Amortisation | 115 |
| Profit Before Tax | 2,975 |
| Tax % | - |
| Net Profit / PAT | 2,230 |
| EPS (βΉ) | 55.27 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Mazagon Dock Shipbuilders Limitedthis co. | βΉ1.00 L Cr | βΉ11.43 K Cr | 44.90 | 12.40 | 37.04 | 20.8% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |