Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK)

India flag India · Delayed Price · Currency is INR
2,603.10
-25.00 (-0.95%)
Aug 29, 2025, 3:30 PM IST
-0.95%
Market Cap1.05T
Revenue (ttm)117.00B
Net Income (ttm)21.70B
Shares Out403.38M
EPS (ttm)53.80
PE Ratio48.39
Forward PE36.57
Dividend17.31 (0.66%)
Ex-Dividend DateSep 19, 2025
Volume1,141,454
Average Volume1,442,765
Open2,628.50
Previous Close2,628.10
Day's Range2,596.70 - 2,660.00
52-Week Range1,918.05 - 3,775.00
Beta0.66
RSI34.25
Earnings DateAug 8, 2025

About Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders Limited engages in building and repairing of ships, submarines, vessels, and related engineering products in India and internationally. It operates in two segments, Shipbuilding and Submarine. 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 comprising general cargo vessels, multipurpose support vessels, offshore supply vessels, tugs, dredgers, passenger cum cargo ve... [Read more]

Founded 1774
Employees 2,814
Stock Exchange National Stock Exchange of India
Ticker Symbol MAZDOCK
Full Company Profile

Financial Performance

In 2024, Mazagon Dock Shipbuilders's revenue was 114.32 billion, an increase of 20.76% compared to the previous year's 94.67 billion. Earnings were 24.14 billion, an increase of 24.60%.

Financial Statements

News

GRSE, Mazagon Dock shares in focus as Indian Navy and Japanese counterparts in talks on ship maintenance in India

Shares of Garden Reach Shipbuilders & Engineers (GRSE) and Mazagon Dock Shipbuilders are likely to be in focus today after the Indian Navy and its Japanese counterparts are holding discussions on ship...

4 days ago - Business Upturn

Mazagon Dock shares in focus as defence ministry clears Rs 70,000 crore submarine project talks

Mazagon Dock Shipbuilders is likely to be in focus after the Ministry of Defence (MoD) approved the commencement of negotiations with a German company for the ₹70,000 crore submarine project under the...

6 days ago - Business Upturn

Mazagon Dock and GRSE shares in focus as shipping sector schemes worth Rs 65,000 crore are reportedly set for approval

Shares of Mazagon Dock Shipbuilders Ltd (MDL) and Garden Reach Shipbuilders & Engineers Ltd (GRSE) are expected to remain in focus after reports indicated that the government is set to approve schemes...

9 days ago - Business Upturn

Mazagon Dock, GRSE shares in focus as shipping sector may receive infrastructure status: Report

Shares of Mazagon Dock Shipbuilders Limited (MDL) and Garden Reach Shipbuilders & Engineers (GRSE) are in focus today as the shipping sector anticipates a potential boost. As per the CNBC Awaaz report...

12 days ago - Business Upturn

Mazagon Dock shares slip over 3% after 35% YoY decline in Q1 profit

Shares of Mazagon Dock Shipbuilders Ltd dropped over 3.3% to ₹2,695.50 on Tuesday, July 29, after the company reported a sharp 35% year-on-year drop in net profit for the June quarter of FY26. The sta...

4 weeks ago - Business Upturn

INS Udaygiri delivered: Second stealth frigate under Project 17A; why is it important?

The Indian Navy has received Udaygiri, a state-of-the-art stealth frigate, built by Mazagon Dock Shipbuilders Limited. As the second of seven ships under Project 17A, Udaygiri boasts advanced stealth ...

2 months ago - The Times of India

Mazagon Dock's Lanka deal to give India big foothold in region

Mazagon Dock Shipbuilders Limited is set to acquire a controlling stake in Colombo Dockyard PLC for $53 million, marking its first international acquisition and providing a strategic foothold in the I...

2 months ago - The Times of India

Mazagon Dock Shipbuilders To Acquire Controlling Stake In Colombo Dockyard PLC

State-run Mazagon Dock Shipbuilders Limited (MDL) has decided to acquire a controlling stake in Sri Lanka's Colombo Dockyard PLC under a USD 52.96 million deal, a move that is expected to expand India...

2 months ago - NDTV

Strategic shipyard deal: Mazagon Dock Shipbuilders to acquire controlling stake in Colombo Dockyard for $52.96 million; India eyes regional maritime edge

Mazagon Dock Shipbuilders Limited (MDL) is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC) for up to $52.96 million, marking its first international acquisition. This strategic move...

2 months ago - The Times of India

Mazagon Dock to acquire majority stake in Colombo Dockyard for Rs 452 crore

Mazagon Dock Shipbuilders has announced plans to acquire a controlling and substantial stake in Colombo Dockyard PLC (CDPLC), a listed company on the Colombo Stock Exchange in Sri Lanka. The investmen...

2 months ago - Business Upturn

Mazagon Dock Shipbuilders Share Price

Mazagon Dock Shipbuilders Limited is an elite Indian shipyard that has established its reputation in the defense and maritime sectors. The company, based in Mumbai, is involved in constructing warship...

2 months ago - ABC Money

Avantel secures Rs 11.06 crore order from Mazagon Dock Shipbuilders

Avantel Limited, a provider of communication and electronics solutions, has received a purchase order worth ₹11.06 crore (inclusive of taxes) from Mazagon Dock Shipbuilders Limited. The order confirma...

2 months ago - Business Upturn

Bharat Electronics secures Rs 2,323 crore orders from MDL and GRSE

Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has announced the receipt of prestigious orders worth ₹2,323 crore (excluding taxes) from two major Indian shipyards — Maz...

3 months ago - Business Upturn

Mazagon Dock shares fall nearly 8% after Q4 net profit drops 51% YoY

Shares of Mazagon Dock Shipbuilders plunged nearly 8% to ₹3,470 in early trade on May 30 after the company reported a steep decline in net profit for the fourth quarter ended March 31, 2025. The defen...

3 months ago - Business Upturn

Operation Sindoor impact: Defence stocks rally up to 4% as India strikes Pakistan terrorist camps

Following 'Operation Sindoor' on May 7, defence stocks surged, with Mazagon Dock Shipbuilders leading gains. Indian Armed Forces targeted terrorist facilities in Pakistan and PoK, identified as attack...

4 months ago - The Times of India

Marine Electricals bags Rs 30.50 crore order from Mazagon Dock for MPV project

Marine Electricals (India) Limited, a key player in the electrical equipment industry, has recently informed exchanges that the company secured an order worth Rs. 30.50 Crore (excluding taxes) from Ma...

4 months ago - Business Upturn

Mazagon Dock Shipbuilders board declares 2rd interim dividend of Rs 3 per share for FY25

Mazagon Dock Shipbuilders Limited has announced a second interim dividend of ₹3 per equity share (face value ₹5 each) for the financial year 2024-25. This decision was taken during the Board of Direct...

5 months ago - Business Upturn

Mazagon Dock Shipbuilders reports Rs 10,775.34 crore turnover for FY25, up 13.83% YoY

Mazagon Dock Shipbuilders Limited (MDL) has reported a provisional and unaudited turnover of ₹10,775.34 crore for the financial year ending March 31, 2025. This represents an increase compared to the ...

5 months ago - Business Upturn

Mazagon Dock shares fall another 10% today as government stake sale drags stock lower

Shares of Mazagon Dock Shipbuilders fell sharply by nearly 10% on Monday, continuing their steep slide for the second straight session after the government announced a 4.83% stake sale in the defence ...

5 months ago - Business Upturn

Mazagon Dock Shipbuilders: Business Model, Earnings, Promoter Details and Shareholding Pattern

Mazagon Dock Shipbuilders Limited (MDL), established in 1934 and headquartered in Mumbai, Maharashtra, is a premier public sector undertaking under India’s Ministry of Defence. Renowned as the “Shipbu...

5 months ago - Business Upturn

Mazagon Dock’s shares fall nearly 6% today as government launches OFS to sell up to 4.83% stake

Shares of Mazagon Dock Shipbuilders Ltd dropped 5.49% to ₹2,587.15 on Thursday after the Government of India announced an Offer for Sale (OFS) of up to 1.94 crore equity shares, representing 4.83% of ...

5 months ago - Business Upturn

Government of India to sell stake in Mazagon Dock via OFS on April 4 and 7; floor price set at Rs 2,525 per share

The Government of India, acting through the Ministry of Defence, will offload up to 1.14 crore equity shares of Mazagon Dock Shipbuilders Ltd via an Offer for Sale (OFS), representing 2.83% of the tot...

5 months ago - Business Upturn

Mazagon Dock appoints Cmde Shailesh Bhalachandra Jamgaonkar as Director (Submarine & Heavy Engineering)

Mazagon Dock Shipbuilders Limited (MDL) has announced the appointment of Cmde Shailesh Bhalachandra Jamgaonkar, IN (Retd.), as the new Director (Submarine & Heavy Engineering), effective March 25, 202...

5 months ago - Business Upturn

Mazagon Dock signs MoU with Goa SDMA for AI-powered disaster management system

Mazagon Dock Shipbuilders Limited (MDL) has signed a Memorandum of Understanding (MoU) with the State Disaster Management Authority (SDMA), Goa, to develop an AI-based Wireless Disaster Detection, Res...

5 months ago - Business Upturn

Mazagon Dock Shipbuilders shares jump 2% as company commences production of Air Independent Propulsion system for Scorpene-class submarines

Shares of Mazagon Dock Shipbuilders Limited (MDL) surged 2% after the company officially commenced production of the first Air Independent Propulsion (AIP) system for the Indian Navy’s Scorpene-class ...

5 months ago - Business Upturn