MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) financials

MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Mazagon Dock Shipbuilders Limited (MDL), Mumbai, established in 1774, is a prominent shipyard in India. Initially a small dry dock, MDL has evolved into a renowned shipbuilding company. It has constructed 801 vessels since 1960, including warships, submarines, cargo/passenger ships, and offshore platforms.[1]

Market Cap: ₹85,474Cr.
Current Price: ₹2,120
Stock P/E: 33.8
ROE: 30.4%
ROCE: 41.3%
Book Value: ₹219
Dividend Yield: 0.85%
52W High / Low: ₹2,883/1,988

In Jun 2026, MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) reported sales ₹2,771 Cr and net profit ₹510 Cr.

Annual TTM: sales ₹12,985 Cr, net profit ₹2,526 Cr.

Shareholding: Promoters 81.22% (Jun 2026), FIIs 1.72% (Jun 2026), DIIs 5.02% (Jun 2026), Public 12.04% (Jun 2026), No. of Shareholders 8,05,823% (Jun 2026).

MAZDOCK quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	2,757	3,144	3,174	2,626	2,929	3,601	3,684	2,771
Expenses	2,246	2,327	3,055	2,324	2,235	2,714	3,308	2,338
Operating Profit	511	817	119	302	695	887	376	433
OPM %	19%	26%	3.8%	11%	24%	25%	10%	16%
Other Income	269	291	323	324	276	262	281	310
Interest	5	5	8	35	8	6	10	36
Depreciation	23	40	29	23	24	23	23	23
Profit before tax	751	1,063	406	567	939	1,120	625	684
Tax %	25%	28%	20%	26%	24%	25%	26%	25%
Net Profit	564	768	327	419	715	837	464	510
EPS in Rs	13.97	19.04	8.11	10.39	17.73	20.75	11.50	12.64
Raw PDF	—	—	—	—	—	—	—	—

MAZDOCK profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	4,905	4,048	5,733	7,827	9,467	11,432	12,840	12,985
Expenses	4,642	3,822	5,291	7,027	8,051	9,339	10,578	10,594
Operating Profit	263	226	442	801	1,416	2,093	2,262	2,391
OPM %	5%	6%	8%	10%	15%	18%	18%	18%
Other Income	600	474	420	713	1,138	1,159	1,143	1,129
Interest	36	11	15	9	9	28	61	59
Depreciation	69	60	75	76	83	115	93	93
Profit before tax	758	630	773	1,429	2,461	3,109	3,250	3,368
Tax %	46%	24%	24%	25%	25%	25%	25%	—
Net Profit	408	480	586	1,073	1,845	2,325	2,436	2,526
EPS in Rs	10.13	11.89	14.54	26.59	45.75	57.63	60.38	62.62
Dividend Payout %	53%	30%	30%	30%	30%	30%	30%	—

MAZDOCK balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	224	202	202	202	202	202	202	202
Reserves	2,568	2,380	2,717	3,120	3,976	5,369	6,979	8,641
Borrowings	0	0	30	12	6	17	20	0
Other Liabilities	17,633	17,883	21,679	25,904	24,709	23,203	20,844	16,803
Total Liabilities	20,425	20,465	24,628	29,237	28,893	28,791	28,045	25,646
Fixed Assets	810	836	807	965	1,024	838	1,466	1,432
CWIP	89	80	80	87	62	72	133	245
Investments	6	6	6	6	6	6	6	243
Other Assets	19,520	19,542	23,735	28,179	27,801	27,875	26,440	23,726
Total Assets	20,425	20,465	24,628	29,237	28,893	28,791	28,045	25,646

MAZDOCK cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	65	-96	68	-163	1,516	684	2,102	-2,761
Cash from Investing Activity	417	454	348	326	-150	3,115	-1,299	975
Cash from Financing Activity	-126	-605	-160	-183	-218	-448	-736	-834
Net Cash Flow	356	-246	257	-19	1,148	3,350	67	-2,620
Free Cash Flow	-110	-197	26	-200	1,407	347	1,298	-2,930
CFO/OP	146%	43%	99%	32%	228%	96%	145%	-79%

MAZDOCK shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	84.83%	84.83%	84.83%	81.22%	81.22%	81.22%	81.22%	81.22%
FIIs	1.45%	1.55%	2.26%	2.57%	1.97%	1.80%	1.73%	1.72%
DIIs	1.00%	1.46%	1.69%	5.21%	5.65%	5.37%	5.09%	5.02%
Public	12.72%	12.16%	11.21%	11.00%	11.15%	11.61%	11.95%	12.04%
No. of Shareholders	6,72,404	6,89,605	6,76,957	7,19,743	7,41,680	7,62,652	8,08,455	8,05,823

MAZDOCK key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	117	107	87	64	47	71	34	73
Inventory Days	541	688	1,142	1,044	605	411	298	129
Days Payable	416	704	1,234	836	366	318	240	225
Cash Conversion Cycle	241	91	-4	272	285	164	92	-24
Working Capital Days	-445	-311	-607	-645	-528	-425	-356	-182
ROCE %	33%	30%	28%	25%	38%	51%	49%	41%

MAZDOCKUpdated 14 Oct 2026, 2:12

Mazagon Dock Shipbuil Ltd

MAZDOCKUpdated 14 Oct 2026, 2:12

Market Cap

₹85,474Cr.

Current Price

₹2,120

High / Low

₹2,883/1,988

Stock P/E

33.8

ROE30.4%

ROCE41.3%

Book Value₹219

Face Value₹5.00

Dividend Yield0.85%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	2173	1	2001	233	20	383	25	287	7.11
Sep 2023	1828	1	1651	261	20	416	25	313	7.76
Dec 2023	2362	1	1823	269	20	786	25	592	14.66
Mar 2024	3104	1	2580	376	23	876	25	654	16.22
Jun 2024	2357	1	1715	271	23	889	25	666	16.51
Sep 2024	2757	5	2246	269	23	751	25	564	13.97
Dec 2024	3144	5	2327	291	40	1063	28	768	19.04
Mar 2025	3174	8	3055	323	29	406	20	327	8.11
Jun 2025	2626	35	2324	324	23	567	26	419	10.39
Sep 2025	2929	8	2235	276	24	939	24	715	17.73
Dec 2025	3601	6	2714	262	23	1120	25	837	20.75
Mar 2026	3684	10	3308	281	23	625	26	464	11.5
Jun 2026	2771	36	2338	310	23	684	25	510	12.64

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	3619	0	3405	563	31	746	34	492	123.52
Mar 2016	4127	4	3910	760	44	929	39	568	142.83
Mar 2017	3530	4	3403	765	39	848	37	533	107.13
Mar 2018	4475	14	4325	612	50	697	37	440	9.82
Mar 2019	4614	36	4353	664	64	825	37	517	11.54
Mar 2020	4905	36	4642	600	69	758	46	408	10.13
Mar 2021	4048	11	3822	474	60	630	24	480	11.89
Mar 2022	5733	15	5291	420	75	773	24	586	14.54
Mar 2023	7827	9	7027	713	76	1429	25	1073	26.59
Mar 2024	9467	9	8051	1138	83	2461	25	1845	45.75
Mar 2025	11432	28	9339	1159	115	3109	25	2325	57.63
Mar 2026	12840	61	10578	1143	93	3250	25	2436	60.38
TTM	12985	59	10594	1129	93	3368	—	2526	62.62

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	81.22%
FIIs	1.72%
DIIs	5.02%
Public	12.04%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	84.83%	3.69%	0.39%	11.1%
Dec 2023	84.83%	3.32%	0.43%	11.42%
Mar 2024	84.83%	2.38%	0.66%	12.12%
Jun 2024	84.83%	2.44%	0.83%	11.89%
Sep 2024	84.83%	1.45%	1%	12.72%
Dec 2024	84.83%	1.55%	1.46%	12.16%
Mar 2025	84.83%	2.26%	1.69%	11.21%
Jun 2025	81.22%	2.57%	5.21%	11%
Sep 2025	81.22%	1.97%	5.65%	11.15%
Dec 2025	81.22%	1.8%	5.37%	11.61%
Mar 2026	81.22%	1.73%	5.09%	11.95%
Jun 2026	81.22%	1.72%	5.02%	12.04%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	199	2261	79	28401	30940	266	40	6	30629	30940
Mar 2016	199	2124	0	16384	18707	368	170	6	18164	18707
Mar 2017	249	2360	0	16363	18971	546	98	6	18321	18971
Mar 2018	224	2198	0	16502	18925	646	85	6	18187	18925
Mar 2019	224	2568	0	17633	20425	810	89	6	19520	20425
Mar 2020	202	2380	0	17883	20465	836	80	6	19542	20465
Mar 2021	202	2717	30	21679	24628	807	80	6	23735	24628
Mar 2022	202	3120	12	25904	29237	965	87	6	28179	29237
Mar 2023	202	3976	6	24709	28893	1024	62	6	27801	28893
Mar 2024	202	5369	17	23203	28791	838	72	6	27875	28791
Mar 2025	202	6979	20	20844	28045	1466	133	6	26440	28045
Mar 2026	202	8641	0	16803	25646	1432	245	243	23726	25646

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	—	—	—	—
Mar 2016	288	516	-120	683
Mar 2017	-1009	494	-240	-755
Mar 2018	442	392	-603	231
Mar 2019	65	417	-126	356
Mar 2020	-96	454	-605	-246
Mar 2021	68	348	-160	257
Mar 2022	-163	326	-183	-19
Mar 2023	1516	-150	-218	1148
Mar 2024	684	3115	-448	3350
Mar 2025	2102	-1299	-736	67
Mar 2026	-2761	975	-834	-2620

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	76	81	77	90	117	107	87	64	47	71	34	73
Inventory Days	3,239	586	687	514	541	688	1,142	1,044	605	411	298	129
Days Payable	124	151	153	324	416	704	1,234	836	366	318	240	225
Cash Conversion Cycle	3,190	516	611	280	241	91	-4	272	285	164	92	-24
Working Capital Days	-573	-571	-604	-428	-445	-311	-607	-645	-528	-425	-356	-182
ROCE %	—	38%	35%	28%	33%	30%	28%	25%	38%	51%	49%	41%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MAZAGON DOCK SHIPBUIL LTD (MAZDOCK)?

The reported market capitalisation for MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) is ₹85,474Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MAZDOCK?

The current price shown for MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) on Fincrux is ₹2,120 with a 52-week high/low of ₹2,883/1,988.

What is the P/E ratio of MAZAGON DOCK SHIPBUIL LTD (MAZDOCK)?

The stock P/E for MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) is 33.8 on Fincrux, with ROE at 30.4% and ROCE at 41.3%.

What were MAZDOCK latest quarterly results?

For Jun 2026, MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) reported sales ₹2,771 Cr and net profit ₹510 Cr (figures in ₹ crore unless noted).

What are MAZDOCK annual sales and net profit?

For TTM, MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) shows sales of ₹12,985 Cr and net profit of ₹2,526 Cr on the Fincrux profit & loss statement.

Who owns MAZAGON DOCK SHIPBUIL LTD (MAZDOCK)?

Latest shareholding for MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) on Fincrux: Promoters 81.22% (Jun 2026), FIIs 1.72% (Jun 2026), DIIs 5.02% (Jun 2026), Public 12.04% (Jun 2026), No. of Shareholders 8,05,823% (Jun 2026).

Where can I find MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) financials?

MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MAZDOCK balance sheet and cash flow?

Yes. The MAZAGON DOCK SHIPBUIL LTD (MAZDOCK) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 14 October 2026 at 2:12