Sharekhan

Mazagon Dock Shipbuilders Ltd

Fri 30/05/2025,15:59:58 | NSE : MAZDOCK

₹ 3478.20-273.00 (-7.28%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 3470.00

Previous Close

₹ 3751.20

Volume

10048866

Mkt Cap ( Rs. Cr)

₹140303.63

High

₹ 3594.00

Low

₹ 3426.10

52 Week High

₹ 3775.00

52 Week Low

₹ 1200.00

Book Value Per Share

₹ 180.67

Dividend Yield

0.00

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Mazagon Dock Shipbuilders Ltd

Your Vote -

Buy

68.94%

Hold

20.57%

Sell

10.49%

68.94%

3709 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

3478.20

941

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

941

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts Mazagon Dock Shipbuilders Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Mazagon Dock Ship - Analysts/Institutional Investor Meet/Con. Call Updates

    30 May 2025, 7:22PM Mazagon Dock Shipbuilders Limited has informed the Exchange about Link of Recording
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    30 May 2025, 7:17PM Audio Recording of the Q4FY25 Investor Update Call organized on 30 May 2025 has been uploaded on the website of the Company.
  • Mazagon Dock Ship - Investor Presentation

    30 May 2025, 11:51AM Mazagon Dock Shipbuilders Limited has informed the Exchange about Investor Presentation
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Investor Presentation

    30 May 2025, 11:48AM Corporate Investors Presentation on Company's Performance for the quarter and year ended 31 March 2025.
  • Mazagon Dock Ship - Outcome of Board Meeting-XBRL

    29 May 2025, 9:43PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Outcome of Board Meeting held on 29-May-2025 for Dividend
  • Mazagon Dock Ship - Outcome of Board Meeting

    29 May 2025, 9:30PM Mazagon Dock Shipbuilders Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
  • Mazagon Dock Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    29 May 2025, 8:45PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tr
  • Mazagon Dock Ship - Outcome of Board Meeting

    29 May 2025, 7:32PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding 1) approval of the Audited Financial Results (Standalone and Consolidated) for t
  • Mazagon Dock Ship Q4 net profit down 50.03% at Rs 326.97 cr

    29 May 2025, 7:24PM The company reported standalone net profit of Rs 326.97 crore for the quarter ended March 31, 2025 as compared to Rs 654.33 crore in the same period l
  • Mazagon Dock Ship - Board Meeting Outcome for Outcome Of The Board Meeting Dated 29.05.2025

    29 May 2025, 7:21PM This is to inform that the Board in its meeting held on 29 May 2025, has infer-alia:\r\n1) approved the Audited Financial Results (Standalone and Cons
  • Mazagon Dock Ship - Analysts/Institutional Investor Meet/Con. Call Updates

    27 May 2025, 7:05PM Mazagon Dock Shipbuilders Limited has informed the Exchange about Schedule of meet
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    27 May 2025, 7:02PM This is to inform that, Management team of the Company shall be participating in the Q4 FY25 Investor Earnings Call\r\norganized by Nirmal Bang Instit
  • Mazagon Dock Ship - Board Meeting Intimation

    23 May 2025, 8:26PM Mazagon Dock Shipbuilders Limited has informed the Exchange about Board Meeting to be held on 29-May-2025 to consider and approve the Yearly Audited F
  • Mazagon Dock Ship - Board Meeting Intimation for Approval Of Audited Financial Results (Standalone & Consolidated) For The Qu

    23 May 2025, 6:13PM Mazagon Dock Shipbuilders Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2025 ,inter alia, to con
  • Mazagon Dock Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    22 May 2025, 12:23PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tr
  • Mazagon Dock Ship - Appointment

    22 May 2025, 12:11PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Appointment of Mr Kedar Nath Gupta as Non- Executive Independent Director of the
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Change in Management

    22 May 2025, 12:19PM This is to inform that, the effective date of appointment of Shri. Kedar Nath Gupta (DIN-06460508) as Part-time Non-official (Independent) Director o
  • Mazagon Dock Ship - Appointment Of Part-Time Non-Official (Independent) Director.

    16 May 2025, 12:00PM This is to inform that, Ministry of Defence has appointed Shri. Kedar Nath Gupta as Part-time Non-official (Independent) Director on the Board of the
  • Mazagon Dock Ship - General Updates

    16 May 2025, 11:46AM Mazagon Dock Shipbuilders Limited has informed the Exchange about General Updates
  • Mazagon Dock Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    23 Apr 2025, 5:24PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tr
  • Mazagon Dock Ship - Appointment

    22 Apr 2025, 5:57PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Appointment of Ms Veni Thapar as Non- Executive Independent Director of the comp
  • Mazagon Dock Ship - Appointment

    22 Apr 2025, 5:49PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Appointment of Mr Vivek Bhuskute as Non- Executive Independent Director of the c
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Change in Management

    22 Apr 2025, 5:43PM This is to inform that Ms. Veni Thapar has been appointed as Part-time Non-official (Independent) Director on the Board of the Company w.e.f. 21.04.20
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Change in Management

    22 Apr 2025, 5:38PM This is to inform that, Dr. Vivek Bhuskute has been appointed as an Part-time Non-official (Independent) Director on the Board of the Company w.e.f. 2
  • Mazagon Dock Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    21 Apr 2025, 6:44PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tr
  • Mazagon Dock Ship - Change in Management

    21 Apr 2025, 5:21PM Mazagon Dock Shipbuilders Limited has informed the Exchange about assumption of charge by Capt (IN Retd) Jagmohan as Chairman & Managing Director of t
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Change in Management

    21 Apr 2025, 5:15PM This is to inform that Capt (IN Retd) Jagmohan has assumed the charge of Chairman & Managing Director of the Company w.e.f. 21 April 2025.
  • Mazagon Dock Ship - Disclosure under SEBI Takeover Regulations

    18 Apr 2025, 7:53PM Mazagon Dock Shipbuilders Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of In
  • Mazagon Dock Ship - Appointment Of Chairman & Managing Director

    18 Apr 2025, 7:11PM This is to inform that, Ministry of Defence has appointed Capt Jagmohan (IN Retd), as Chairman and Managing Director of the Company.
  • Mazagon Dock Ship - General Updates

    18 Apr 2025, 7:07PM Mazagon Dock Shipbuilders Limited has informed the Exchange about Appointment of CMD.
  • Mazagon Dock Ship has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    17 Apr 2025, 5:20PM As of March 2025, 84.83% is owned by Indian Promoters and 15.17% by Public. <p align=justify> Institutional holds 3.95% (Insurance Companies 0.26%) an
  • Mazagon Dock Ship has declared 60% Interim dividend for the financial year March 2025

    9 Apr 2025, 7:00AM Mazagon Dock Shipbuilders Ltd. on Tuesday, 08 April 2025, has announced Interim dividend of 60 percent on Equity Share, to its shareholders holding sh
  • Mazagon Dock Ship - General Updates

    8 Apr 2025, 8:04PM Mazagon Dock Shipbuilders Limited has informed the Exchange about Dividend Update.
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Dividend Updates

    8 Apr 2025, 7:42PM This is to inform that the Company in its board meeting held on 08.04.2025 has declared 2nd Interim Dividend for the FY 2024-25.
  • Mazagon Dock Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    8 Apr 2025, 4:56PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tr
  • Mazagon Dock Ship - Outcome of Board Meeting-XBRL

    8 Apr 2025, 4:55PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Outcome of Board Meeting held on 08-Apr-2025 for Dividend
  • Mazagon Dock Ship - Payment Of 2Nd Interim Dividend For The FY 2024-25.

    8 Apr 2025, 2:17PM The Company has fixed 16.04.2025 as a Record date for the purpose of payment of 2nd Interim Dividend for the FY 2024-25
  • Mazagon Dock Ship - Record Date

    8 Apr 2025, 2:13PM Mazagon Dock Shipbuilders Limited has informed the Exchange that Record date for the purpose of Dividend is 16-Apr-2025.
  • Mazagon Dock Ship - Dividend

    8 Apr 2025, 2:12PM Mazagon Dock Shipbuilders Limited has informed the Exchange that Board of Directors at its meeting held on April 08, 2025, declared Interim Dividend o
  • Mazagon Dock Ship - Board Meeting Outcome for Outcome Of Board Meeting Held On 08.04.2025

    8 Apr 2025, 2:08PM 1. Appointment of Chief Financial Officer of the Company;\r\n2. Declaration of 2nd Interim Dividend for the FY 2024-25.
  • Mazagon Dock Ship - General Updates

    8 Apr 2025, 2:00PM Mazagon Dock Shipbuilders Limited has informed the Exchange about General Updates
  • Mazagon Dock Ship - Provisional And Unaudited Turnover For The Financial Year Ended On 31.03.2025

    8 Apr 2025, 1:57PM MDL has recorded a Turnover of Rs. 10,775.34 Crores approx (Provisional and Unaudited) for the Financial Year ended on 31.03.2025.
  • Mazagon Dock Ship - Updates on Notice of Offer for Sale by Promoter

    4 Apr 2025, 8:04PM With reference to the earlier announcement dated April 03, 2025 regarding Notice of Offer for sale of shares by Promoter, The President of India, acti
  • Mazagon Dock Ship - Offer for sale

    4 Apr 2025, 7:36PM President of India acting through the Ministry of Defence, Government of India has informed the Exchange about its intention to exercise over-subscrip
  • MazagoDock Shipbuilders shares drop 7% as govt announces stake sale via OFS

    4 Apr 2025, 1:03PM Shares of Mazagon Dock Shipbuilders fell 7% in early trade on Friday after the government announced plans to offload up to a 4.83% stake in the state-
  • Govt to sell up to 4.83% stake in Mazagon Dock via OFS at Rs 2,525/Share

    4 Apr 2025, 10:11AM The government plans to divest up to 4.83% stake in Mazagon Dock Shipbuilders Ltd (MDL) through an Offer for Sale (OFS) at a floor price of ?2,525 per
  • Mazagon Dock Ship - Offer for sale

    3 Apr 2025, 7:37PM President of India acting through the Ministry of Defence, Government of India has informed the Exchange about an announcement with respect to offer f
  • Mazagon Dock Ship - Notice of Offer for Sale of Shares by Promoter & Floor Price

    3 Apr 2025, 7:33PM Notice of the proposed Offer for Sale of equity shares of face value of Rs. 5 each (\Equity Shares\) of Mazagon Dock Shipbuilders Ltd (the \Company\)
  • MDL holds Keel Laying for First MPV for Navi Merchants

    3 Apr 2025, 10:21AM Mazagon Dock Shipbuilders Ltd (MDL), a Navratna Defence Public Sector Undertaking (DPSU), marked a major milestone with the keel laying ceremony of th
  • Mazagon Dock Ship - Press Release

    2 Apr 2025, 6:56PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding a press release dated April 02, 2025, titled ""Keel Laying Ceremony of MPV (Y210
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    2 Apr 2025, 6:54PM Press Release- Keel Laying Ceremony of MPV (Y21001) for M/s Navi Merchants
  • Mazagon Dock Ship - Board Meeting Intimation

    28 Mar 2025, 7:09PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Board Meeting to be held on 08-Apr-2025 to consider Dividend.
  • Mazagon Dock Ship - Board Meeting Intimation for Consideration Of Second Interim Dividend For The Financial Year 2024-25.

    28 Mar 2025, 6:58PM Mazagon Dock Shipbuilders Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/04/2025 ,inter alia, to con
  • Mazagon Dock Ship - Trading Window-XBRL

    28 Mar 2025, 12:39PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Closure of Trading Window
  • Mazagon Dock Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    28 Mar 2025, 12:35PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tr
  • Mazagon Dock Ship - Trading Window

    27 Mar 2025, 3:37PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Reg
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Change in Management

    27 Mar 2025, 3:27PM This is to inform that, Ministry of Defence has conveyed the approval of competent authority for extension of additional charge of the post of Chairma
  • Mazagon Dock Ship - Change in Management

    27 Mar 2025, 3:19PM Mazagon Dock Shipbuilders Limited has informed the Exchange about change in Management
  • Mazagon Dock Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    25 Mar 2025, 2:41PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tr
  • Mazagon Dock Ship - Appointment

    25 Mar 2025, 11:41AM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Appointment of Mr Shailesh Bhalachandra Jamgaonkar as Executive Director of the
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Change in Management

    25 Mar 2025, 11:49AM This is to inform that, Cmde Shailesh Bhalachandra Jamgaonkar, IN (Retd.) has been appointed as a Director (Submarine & Heavy Engineering) on the Boar
  • Mazagon Dock Ship - Signing Of MOU With The State Disaster Management Authority, Goa.

    21 Mar 2025, 11:15AM This is to inform that, MDL has signed an MOU with the State Disaster Authority, Goa on 20 March 2025.
  • Mazagon Dock Ship - General Updates

    21 Mar 2025, 11:13AM Mazagon Dock Shipbuilders Limited has informed the Exchange about General Updates
  • Mazagon Dock Ship - General Updates

    19 Mar 2025, 4:33PM Mazagon Dock Shipbuilders Limited has informed the Exchange about General Updates
  • Mazagon Dock Ship - Plate Cutting Ceremony For The First Air Independent Propulsion (AIP) System

    19 Mar 2025, 4:43PM This is to inform that commencement of production of Plate Cutting ceremony for the first AIP system was performed at MDL.
  • Mazagon Dock Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    7 Mar 2025, 6:39PM MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tr
  • Mazagon Dock Ship - Appointment

    7 Mar 2025, 5:25PM Mazagon Dock Shipbuilders Limited has informed the Exchange regarding Appointment of Mr Ruchir Agrawal as Executive Director of the company w.e.f. Mar
  • Mazagon Dock Ship - Announcement under Regulation 30 (LODR)-Change in Management

    7 Mar 2025, 5:18PM This is to inform that Shri. Ruchir Agrawal has been appointed as a Director (Finance) on the Board of the Company w.e.f 07.03.2025.
  • Mazagon Dock Shipbuilders

    4 Apr 2025 , 9:46AM Mazagaon Dock: The government is set to divest up to 4.83% stake in Mazagon Dock Shipbuilders Limited (MDL) through an Offer for Sale (OFS), the defence PSU announced on April 3. The sale includes a base offer of 2.83% (1.14 crore shares), with an option to sell an additional 2% (80.67 lakh shares) under the green shoe provision. The floor price for the sale has been set at Rs 2,525 per share, which marks a discount of nearly 8% as against the current market price.
  • Mazagon Dock signs MoU with the state disaster management authority

    21 Mar 2025 , 1:10PM Aims to enhance disaster management & public safety in Goa
  • Mazagon Dock Shipbuilders

    10 Jan 2025 , 10:38AM Delivered the final Scorpene-class submarine, Vaghsheer, to the Indian Navy, completing Project 75. This achievement strengthens the Navy's operational readiness and supports India's defence indigenization efforts. Under the project, MDL constructed six Scorpene-class submarines with assistance from France's Naval Group. Vaghsheer features advanced weapon systems and enhanced operational capabilities, adding to India’s underwater combat strength. Positive
  • Mazagon Dock Shipbuilders

    31 Dec 2024 , 9:56AM Mazagon Dock Shipbuilders signed contract worth Rs 1,990 crore with the Ministry of Defence for Air Independent Propulsion Plug. Positive
  • Mazagon Dock Shipbuilders

    11 Oct 2024 , 10:41AM The company has received an order worth Rs 122 crore from Maharashtra State Power Generation Co. to supply, install and commission AI-based conditions of an order comprehensive infrasecure project. Positive
  • Mazagon Dock Shipbuilders

    25 Sep 2024 , 10:27AM Company has started production for the first Multipurpose Cargo Vessel (MPV) for Navi Merchants, Denmark. The project is valued at approx. Rs. 700 crore. Positive
  • Mazagon Dock Shipbuilders

    12 Aug 2024 , 10:02AM The company has received a notification of Award of Contract from Oil and Natural Gas Corporation (ONGC) for Wellhead Platforms and Associated Pipeline Project (DSF-II) on EPC reimbursable basis (OBE) at the ceiling price of Rs. 4676.3 crores including all taxes and duties (GST@12%). Positive for the stock.
  • Mazagon Dock Shipbuilders

    26 Jun 2024 , 10:04AM The Department of Public Enterprises (DPE) vide its letter dated 25th June 2024 has approved the proposal for grant of Navratna status to Mazagon Dock Shipbuilders. Positive
  • Mazagon Dock Shipbuilders

    3 May 2024 , 10:00AM The company has signed individual Shipbuilding Contracts with the European client for construction of three 7500, DWT Multi-Purpose Hybrid Powered Vessels for a value of approx. 42 million USD. Positive for the stock.
  • Mazagon Dock Shipbuilders

    22 Mar 2024 , 10:50AM The Mumbai Port Authority (MbPA) has allotted land and buildings (workshop land and clark basin) measuring 14.55 acres, which are adjacent to MDL Mumbai Yard, on a long-term lease basis to Mazagon Dock for 29 years, with effect from April 1, 2024, to March 31, 2053. The total allotment cost is Rs 354 crore. Positive for the stock
  • Mazagon Dock Shipbuilders

    21 Dec 2023 , 10:35AM The company signed a contract worth Rs. 1,600 crore with the Ministry of Defence for the construction and delivery of six next-generation offshore patrol vessels for the Indian Coast Guard. Positive for the Stock
  • Mazagon Dock Shipbuilders

    18 Dec 2023 , 9:59AM The company has signed individual shipbuilding contracts with the European client for construction of three units of 7,500 DWT multi-purpose hybrid powered vessels. The contract is valued at approximately $42 million. Positive for the stock
  • Mazagon Dock Shipbuilders

    15 Dec 2023 , 11:51AM The company has launched India’s fastest solar-electric boat, SaurShakti, in Kochi. The boat was developed through a collaboration between Mazagon Dock Shipbuilders and NavAlt Solar Electric Boat, Kochi. Positive for the Stock
  • Mazagon Dock Shipbuilders

    11 Dec 2023 , 10:58AM The company has received notification of award of a contract from ONGC for part replacement of pipeline project on turnkey basis at a lump sum price of Rs. 1145 crore. Positive for the stock.
  • Mazagon Dock Shipbuilders

    18 Oct 2023 , 10:40AM The company has signed a contract with the acquisition wing of the Ministry of Defence for the construction and delivery of one training ship for the Indian Coast Guard (ICG) at a cost of Rs 310 crore. Positive for the stock.
  • Mazagon Dock Shipbuilders

    10 Oct 2023 , 10:03AM The company has signed a Letter of Intent with a European client for the construction of six firm and four optional units of 7,500 DWT multi-purpose hybrid power vessels. The prices for the vessels would be decided after signing of the contract. Positive for the stock.
  • Mazagon Dock Shipbuilders

    11 Jul 2023 , 10:12AM As per media reports, the defence procurement board has approved a proposal to buy three scorpene submarines. The three additional submarines will be built at Mazagon Docks Ltd., where other submarines of the class have been built. As per the reports, the meeting of the Defence Acquisition Council will take place on Thursday, July 13, to decide on the final approval of the deals. Positive for Mazagon Dock Shipbuilders Ltd.
  • Mazagon Dock Shipbuilders

    8 Jun 2023 , 9:48AM The company signed Non-binding/Non-financial MoU With Thyssenkrupp Marine Systems For Submarine Project P75-I. Thyssenkrupp would contribute engineering and design & consultancy support while Mazagon Dock would be responsible for constructing & delivering the submarines. Positive for the stock.
  • Mazagon Dock Shipbuilders

    7 Jun 2023 , 10:24AM As per media reports, Thyssenkrupp AG's marine arm and Mazagon Dock Shipbuilders are likely to jointly bid for an estimated $ 5.2 billion project to build six submarines for the Indian Navy. Positive for the stock.
  • Mazagon Dock Shipbuilders

    2 May 2023 , 12:53PM MDL has stated that the Missile Destroyer ‘Imphal’ built by the company has concluded basin trials and commenced sea trials and it is being readied for delivery later this year. Once inducted the platform will significantly step up the blue water prowess of the Indian Navy. For MDL this is yet another significant milestone being a premier warship builder to the nation. Positive for the stock
  • Mazagon Dock Shipbuilders

    6 Apr 2023 , 3:29PM Mazagon Dock Shipbuilders Limited (MDL): MDL has recorded a turnover of ~Rs. 7,547 crore (provisional and unaudited) for the financial year ended on 31 March 2023 (corresponding figure for the previous year was ~Rs. 5,733 crore), growth of ~32% y-o-y; which is marginally better than its guidance. This implies 28.8% y-o-y growth in its turnover in Q4FY23. Positive read thru for the stock.
  • Mazagaon Dock Shipbuilders

    23 Jan 2023 , 9:42AM As per media reports, the Navy is set to commission the fifth of its diesel-electric Scorpene-class submarine — Vagir. Vagir is among the six submarines being built in India by the Mazagon Dock Shipbuilders Limited (MDL) in collaboration with the French M/s Naval Group under the over Rs23,000 crore Project 75. Four of these Kalvari class submarines have already been commissioned into the Navy, while the sixth and the last one is slated for delivery this year end. Positive read thru for Mazagaon Dock Shipbuilders.
  • Mazagon Dock Shipbuilders

    21 Dec 2022 , 10:26AM Mazagaon Dock Shipbuilders Limited (MDL) delivered the fifth Scorpene Submarine ‘VAGIR’ of Project P-75 on 20 December 2022 to the Indian Navy, subsequently to be commissioned into Indian Navy as INS Vagir. Our view: Positive read thru for the stock. MDL is building 6 conventional submarines or scorpene submarines, out of which 5 have already been delivered. The total order value of submarines is Rs ~28,000 crore.
  • Mazagon Dock Shipbuilders

    4 Jul 2022 , 11:19AM The company has successfully launched a Fuel Cell Electric Vessel (FCEV) prototype being the First Indigenous Hydrogen Powered Electric Boat on 01 July 2022. Positive for the stock.
  • Mazagon Dock Shipbuilders

    26 Nov 2021 , 11:28AM The Indian Navy commissioned the Fourth Scorpene Class Submarine i.e (INS Vela) built by the company. Positive for the stock.
  • Mazagon Dock Shipbuilders

    23 Nov 2021 , 11:32AM The Indian Navy has commissioned the First Ship of Project 15B Class Destroyer i.e (Visakhapatnam) built by Mazagon Dock Shipbuilders Limited. Positive for the stock.
  • Mazagon Dock Shipbuilders

    10 Nov 2021 , 12:15PM Mazagon Dock Shipbuilders: The company delivered the fourth Scorpene Submarine of Project P-75 on 09 Nov 2021 to the Indian Navy, subsequently to be commissioned into Indian Navy as INS Vela. Positive for the stock.
  • Mazgaon Dock Shipbuilders

    4 Mar 2021 , 11:49AM The company said commissioning of Submarine Karanj is scheduled on March 10 and the sea trials of first ship Visakhapatnam of Project P-15B, which is due for delivery later this year, have commenced.

Key fundamentals

Evaluate the intrinsic value of Mazagon Dock Shipbuilders Ltd stock 

Name March-24 March-23 March-22 March-21
Assets 5570.68 4177.56 3321.36 2919.06
Liabilities 5570.68 4177.56 3321.36 2919.06
Equity 201.69 201.69 201.69 201.69
Gross Profit 1411.61 797.8 434.7 223.87
Net Profit 1845.43 1072.72 586.47 479.57
Cash From Operating Activities 683.75 857.6 -162.63 68.21
NPM(%) 19.49 13.7 10.22 11.84
Revenue 9466.58 7827.18 5733.28 4047.82
Expenses 8054.97 7029.38 5298.58 3823.95
ROE(%) 25.32 14.71 8.04 6.58

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
2.71 54.2 0 3751.2
16 Apr 2025 3 60 0 2358.7
30 Oct 2024 23.19 231.9 0 4237.8
19 Sep 2024 12.11 121.1 0 3357.35
20 Nov 2023 15.34 153.4 0 1920.6
19 Sep 2022 1.63 16.3 0 276.75
06 Jan 2022 7.1 71 0 265.8
20 Sep 2021 1.83 18.3 0 273.65
22 Feb 2021 5.41 54.1 0 216.8

Peers

Other companies within the same industry or sector that are comparable to Mazagon Dock Shipbuilders Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Garden Reach Shipbuilders and Engineers Ltd 3003.20 -2.81 65.23 39865.24 460.41 0.46
Sadhav Shipping Ltd 107.30 -1.20 15.99 4994.85 81.89 0.00
Swan Defence and Heavy Industries Ltd 162.47 5.00 0.00 933.41 -344.54 0.00
Arvind Port and Infra Ltd 64.90 4.93 0.00 4224.08 57.03 0.00

Company Info

The Company was incorporated in Bombay as a private limited company on February 26, 1934 as Mazagon Dock Private Limited with the Registrar of Companies, Bombay under the Indian Companies Act, 1913. the Company was thereafter converted to a public company pursuant to a special resolution passed at an extra-ordinary general meeting dated January 02, 1936. Pursuant to the provisions of section 23 of the Companies Act, 1956 and under order of the Central Government, conveyed by the Ministry of Finance, Department of Company Law Administration by their No. 18 (30)-CL 57 dated October 26/28, 1957, the Company was converted into a private limited company and the name of the Company was changed to Mazagon Dock Private Limited and a certificate of incorporation was issued by the Registrar of Companies, Bombay on December 10, 1957. Since the Company was acquired by the Government of India in the year 1960, we became a government company on May 13, 1960 and the name of the Company was changed to Mazagon Dock Limited and a fresh certificate of incorporation consequent to the change of name was issued by the Registrar of Companies, Bombay on December 23, 1960. Further, the name of the Company was changed to Mazagon Dock Shipbuilders Limited to reflect its core competencies in shipbuilding and a fresh certificate of incorporation pursuant to the change of name was issued by the RoC on May 28, 2015. Subsequently, the Company was converted to a public limited company and a certificate of incorporation consequent upon conversion to a public limited company was issued by the RoC on December 08, 2017.Major events in the history :1934- Incorporated as a private company.1960- Acquired by the GoI.1972- Delivered the first frigate, INS Nilgiri.1984- Inauguration of undertaking submarine construction.1992- Commissoned first Indian built submarine, INS Shalki.1997- Commissioned first destroyer, INS Delhi.1998- Accredited with ISO certification for shipbuilding.2000- Upgraded to Schedule `A' status from Schedule `B'.2006- Awarded Mini Ratna Category - I status.2009- Implementation of enterprise resource planning and systems applications and products.2011- Signed shipbuilding contract for construction and delivery of fthe P15 B misile destroyers with the MoD.2014- Inaugration of the Mazdock Modernisation project.2015- Launch of first destroyer class ship "Vishakhapatnam" under P15 B project. Signed contract for construction and delivery of fthe frigates with the MoD.2016- Inaugration of new submarine section assembly workshop at Alcock yard.2017- Delivery of first Scorpene class submarine "INS Kalvari".2019- Delivery of second Scorpene class submarine "INS Khanderi".Awards and Recognition :2007- Scope Award for Excellence & Outstanding contribution to the Public Sector Management - Special Institutional Category.2008- Raksha Mantri Award for Excellence for: Best Performing Shipyard, awarded by Raksha Mantri (Ministry of Defence, GoI).2009- Raksha Mantri Award for Excellence for: Best Performing Shipyard, awarded by Raksha Mantri (Ministry of Defence, GoI).2010- Golden Peacock Award for Innovative Product / Service Award, awarded by Institute of Directors (IOD).- Accredited with ISO Certification for submarine division.2011- Aerospace and Defence Award 2011 for Excellence in Innovation, awarded by SAP Media Worldwide Limited.- IIIE Performance Excellence Award, awarded by Indian Institution of Industrial Engineering.2012- IIIE Performance Excellence Award, awarded by Indian Institution of Industrial Engineering.- Golden Peacock Awards for Corporate Social Responsibility, awarded by Institute of Directors (IOD).- BT-STAR PSU Excellence Award for excellence in Innovation (Tech/R&D), awarded by Bureaucracy Today.- QCFI - Special Awards for Best Organisation for Promoting 5S concept, awarded by Quality Circle Forum of India.- Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India has awarded a score of 1.46 and have rated us `Excellent' for the performance of the targets achieved as per the Memorandum of Understanding entered into with the MoD.2013- Aerospace & Defense Awards 2013 - Excellence in Innovation, awarded by SAP Media Worldwide Limited.- Aerospace & Defense Awards 2013 - Most influential company of the Year, awarded by SAP Media Worldwide Limited.- Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India has awarded a score of 1.47 and have rated us `Excellent' for the performance of the targets achieved as per the Memorandum of Understanding entered into with the MoD.2014- IPSE Awards 2014: Award for Defence & Marine PSE of the year, awarded by PSE journal. BT-Star PSU Excellence Award for "Excellence in Human Resource Management" in PSU category, awarded by Bureaucracy Today.- AIOE Annual Award for Outstanding Achievement in Industrial Relations, awarded by All India Organization of Employers.- Raksha Mantri Award for Excellence for Best Performing Shipyard, awarded by Raksha Mantri (Ministry of Defence, GoI).- Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India has awarded a score of 1.47 and have rated us `Excellent' for the performance of the targets achieved as per the Memorandum of Understanding entered into with the MoD.2015- BT STAR PSU Excellence Award 2015 - `Excellence in rear Admiral (Retd.) R.K. Sherawat, CMD', awarded by Bureaucracy Today.- Golden Peacock Award for Innovative Product / Service Award, awarded by Institute of Directors (IOD), a society, National level.- Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India has awarded a score of 93.69 and have rated us `Excellent' for the performance of the targets achieved as per the Memorandum of Understanding entered into with the MoD.- Awarded two Gold and one Silver Awards at ICQCC- 2015, South Korea (Pending) Rainbow .2016- Awarded two Gold Awards at ICQCC-2016, Bangkok, Thailand.- Accredited with ISO 9001:2008 Quality Management Systems (QMS) of Shipbuilding Division for the scope of Design, Development, Construction and Servicing of Warships, Merchant Ships and Floating crafts.2017- Dun & bradstreet PSU awards 2017 for `Manufacturing Transportation Equipment', awarded by Dun & Bradstreet.2018- Accredited with ISO 9001:2015 Quality Management Systems (QMS) of Shipbuilding Division for the scope of Design, Development, Construction and Servicing of Warships, Merchant Ships and Floating Crafts.- Accredited with ISO 9001:2015 Quality Management Systems (QMS) of Submarine Division for the scope of Design, Development, Construction, Refit, Test and Trials of submarines.- Accredited with ISO 9001:2015 Quality Management Systems (QMS) of Training Department for the scope of Imparting Training to Trade Apprentices and Employees.- BML Munjal award for "Business Excellence through Learning and Development" in the Public sector- Manufacturing category- Awarded two Awards at ICQCC-2018, Singapore.- National Award for Innovative Training Practices 2017-18 awarded by Indian Society for Training and Development, New Delhi- NIPM National Award for HR Best Practices 2018- Awarded Governance Now 5th PSU Award 2018 for Playing Pivotal Role In "Make-InIndia"- Accredited with ISO 9001:2015 Quality Management Systems (QMS) for the scope of Presea Training in Maritime Engineering in accordance with Standards of Training- Certification and Watch Keeping for Seafarers (STCW) 20102019- Accredited with ISO 14001:2015 and OHSAS 18001:2007 for integrated management system for the shipbuilding, submarine and heavy engineering, the corporate planning and personnel and finance divisions- Awarded 6th Annual Green Tech CSR Silver Award 2018 in Engineering Sector for outstanding achievement in corporate social responsibility by the Greentech Foundation- Golden Peacock Award for Innovative Product / Service Award, awarded by Institute of Directors- Awarded India CSR Project of the Year award 2019 by the India CSR Group- Awarded certificate of appreciation by the Skill Developmemt and Entrepreneurship Department, Directorate of Vocational Education and Training, Government of Maharashtra- Awarded the first position at the 16th National Awards for Excellence in Cost Management 2018 for Manufacturing -Public-Large Sector issued by the Institute of Cost Accountants of India 2022 -Mazagon Dock has delivered the fifth Scorpene Submarine VAGIR of Project P-75 on 20 December 2022 to the Indian Navy. 2023 -"MDL signed a contract with Acquisition wing of MoD for construction and delivery of 6 Next generation offshore Patrol Vessels for Indian Coast Guard on December 20, 2023". 2024 -The Company has splits its face value from Rs. 10/- to Rs. 5/-. -The Company Received Contract from Contract from ONGC for Wellhead Platforms and Associated Pipeline Project (DSF-II)'. -The Company Signing of a contract with the Acquisition Wing of Ministry of Defence for construction and delivery of 14 Fast Patrol Vessels for Indian Coast Guard.

The Company was incorporated in Bombay as a private limited company on February 26, 1934 as Mazagon Dock Private Limited with the Registrar of Companies, Bombay under the Indian Companies Act, 1913. the Company was thereafter converted to a public company pursuant to a special resolution passed at an extra-ordinary general meeting dated January 02, 1936. Pursuant to the provisions of section 23 of the Companies Act, 1956 and under order of the Central Government, conveyed by the Ministry of Finance, Department of Company Law Administration by their No. 18 (30)-CL 57 dated October 26/28, 1957, the Company was converted into a private limited company and the name of the Company was changed to Mazagon Dock Private Limited and a certificate of incorporation was issued by the Registrar of Companies, Bombay on December 10, 1957. Since the Company was acquired by the Government of India in the year 1960, we became a government company on May 13, 1960 and the name of the Company was changed to Mazagon Dock Limited and a fresh certificate of incorporation consequent to the change of name was issued by the Registrar of Companies, Bombay on December 23, 1960. Further, the name of the Company was changed to Mazagon Dock Shipbuilders Limited to reflect its core competencies in shipbuilding and a fresh certificate of incorporation pursuant to the change of name was issued by the RoC on May 28, 2015. Subsequently, the Company was converted to a public limited company and a certificate of incorporation consequent upon conversion to a public limited company was issued by the RoC on December 08, 2017.Major events in the history :1934- Incorporated as a private company.1960- Acquired by the GoI.1972- Delivered the first frigate, INS Nilgiri.1984- Inauguration of undertaking submarine construction.1992- Commissoned first Indian built submarine, INS Shalki.1997- Commissioned first destroyer, INS Delhi.1998- Accredited with ISO certification for shipbuilding.2000- Upgraded to Schedule `A' status from Schedule `B'.2006- Awarded Mini Ratna Category - I status.2009- Implementation of enterprise resource planning and systems applications and products.2011- Signed shipbuilding contract for construction and delivery of fthe P15 B misile destroyers with the MoD.2014- Inaugration of the Mazdock Modernisation project.2015- Launch of first destroyer class ship "Vishakhapatnam" under P15 B project. Signed contract for construction and delivery of fthe frigates with the MoD.2016- Inaugration of new submarine section assembly workshop at Alcock yard.2017- Delivery of first Scorpene class submarine "INS Kalvari".2019- Delivery of second Scorpene class submarine "INS Khanderi".Awards and Recognition :2007- Scope Award for Excellence & Outstanding contribution to the Public Sector Management - Special Institutional Category.2008- Raksha Mantri Award for Excellence for: Best Performing Shipyard, awarded by Raksha Mantri (Ministry of Defence, GoI).2009- Raksha Mantri Award for Excellence for: Best Performing Shipyard, awarded by Raksha Mantri (Ministry of Defence, GoI).2010- Golden Peacock Award for Innovative Product / Service Award, awarded by Institute of Directors (IOD).- Accredited with ISO Certification for submarine division.2011- Aerospace and Defence Award 2011 for Excellence in Innovation, awarded by SAP Media Worldwide Limited.- IIIE Performance Excellence Award, awarded by Indian Institution of Industrial Engineering.2012- IIIE Performance Excellence Award, awarded by Indian Institution of Industrial Engineering.- Golden Peacock Awards for Corporate Social Responsibility, awarded by Institute of Directors (IOD).- BT-STAR PSU Excellence Award for excellence in Innovation (Tech/R&D), awarded by Bureaucracy Today.- QCFI - Special Awards for Best Organisation for Promoting 5S concept, awarded by Quality Circle Forum of India.- Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India has awarded a score of 1.46 and have rated us `Excellent' for the performance of the targets achieved as per the Memorandum of Understanding entered into with the MoD.2013- Aerospace & Defense Awards 2013 - Excellence in Innovation, awarded by SAP Media Worldwide Limited.- Aerospace & Defense Awards 2013 - Most influential company of the Year, awarded by SAP Media Worldwide Limited.- Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India has awarded a score of 1.47 and have rated us `Excellent' for the performance of the targets achieved as per the Memorandum of Understanding entered into with the MoD.2014- IPSE Awards 2014: Award for Defence & Marine PSE of the year, awarded by PSE journal. BT-Star PSU Excellence Award for "Excellence in Human Resource Management" in PSU category, awarded by Bureaucracy Today.- AIOE Annual Award for Outstanding Achievement in Industrial Relations, awarded by All India Organization of Employers.- Raksha Mantri Award for Excellence for Best Performing Shipyard, awarded by Raksha Mantri (Ministry of Defence, GoI).- Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India has awarded a score of 1.47 and have rated us `Excellent' for the performance of the targets achieved as per the Memorandum of Understanding entered into with the MoD.2015- BT STAR PSU Excellence Award 2015 - `Excellence in rear Admiral (Retd.) R.K. Sherawat, CMD', awarded by Bureaucracy Today.- Golden Peacock Award for Innovative Product / Service Award, awarded by Institute of Directors (IOD), a society, National level.- Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India has awarded a score of 93.69 and have rated us `Excellent' for the performance of the targets achieved as per the Memorandum of Understanding entered into with the MoD.- Awarded two Gold and one Silver Awards at ICQCC- 2015, South Korea (Pending) Rainbow .2016- Awarded two Gold Awards at ICQCC-2016, Bangkok, Thailand.- Accredited with ISO 9001:2008 Quality Management Systems (QMS) of Shipbuilding Division for the scope of Design, Development, Construction and Servicing of Warships, Merchant Ships and Floating crafts.2017- Dun & bradstreet PSU awards 2017 for `Manufacturing Transportation Equipment', awarded by Dun & Bradstreet.2018- Accredited with ISO 9001:2015 Quality Management Systems (QMS) of Shipbuilding Division for the scope of Design, Development, Construction and Servicing of Warships, Merchant Ships and Floating Crafts.- Accredited with ISO 9001:2015 Quality Management Systems (QMS) of Submarine Division for the scope of Design, Development, Construction, Refit, Test and Trials of submarines.- Accredited with ISO 9001:2015 Quality Management Systems (QMS) of Training Department for the scope of Imparting Training to Trade Apprentices and Employees.- BML Munjal award for "Business Excellence through Learning and Development" in the Public sector- Manufacturing category- Awarded two Awards at ICQCC-2018, Singapore.- National Award for Innovative Training Practices 2017-18 awarded by Indian Society for Training and Development, New Delhi- NIPM National Award for HR Best Practices 2018- Awarded Governance Now 5th PSU Award 2018 for Playing Pivotal Role In "Make-InIndia"- Accredited with ISO 9001:2015 Quality Management Systems (QMS) for the scope of Presea Training in Maritime Engineering in accordance with Standards of Training- Certification and Watch Keeping for Seafarers (STCW) 20102019- Accredited with ISO 14001:2015 and OHSAS 18001:2007 for integrated management system for the shipbuilding, submarine and heavy engineering, the corporate planning and personnel and finance divisions- Awarded 6th Annual Green Tech CSR Silver Award 2018 in Engineering Sector for outstanding achievement in corporate social responsibility by the Greentech Foundation- Golden Peacock Award for Innovative Product / Service Award, awarded by Institute of Directors- Awarded India CSR Project of the Year award 2019 by the India CSR Group- Awarded certificate of appreciation by the Skill Developmemt and Entrepreneurship Department, Directorate of Vocational Education and Training, Government of Maharashtra- Awarded the first position at the 16th National Awards for Excellence in Cost Management 2018 for Manufacturing -Public-Large Sector issued by the Institute of Cost Accountants of India 2022 -Mazagon Dock has delivered the fifth Scorpene Submarine VAGIR of Project P-75 on 20 December 2022 to the Indian Navy. 2023 -"MDL signed a contract with Acquisition wing of MoD for construction and delivery of 6 Next generation offshore Patrol Vessels for Indian Coast Guard on December 20, 2023". 2024 -The Company has splits its face value from Rs. 10/- to Rs. 5/-. -The Company Received Contract from Contract from ONGC for Wellhead Platforms and Associated Pipeline Project (DSF-II)'. -The Company Signing of a contract with the Acquisition Wing of Ministry of Defence for construction and delivery of 14 Fast Patrol Vessels for Indian Coast Guard.

Read More

Parent Organisation

Mazagon Dock Shipbuilders Ltd.

Founded

26/02/1934

Managing Director

Mr.Sanjeev Singhal

NSE Symbol

MAZDOCKEQ

FAQ

The current price of Mazagon Dock Shipbuilders Ltd is ₹ 3478.20.

The 52-week high for Mazagon Dock Shipbuilders Ltd is ₹ 3594.00 and the 52-week low is ₹ 3426.10.

The market capitalization of Mazagon Dock Shipbuilders Ltd is currently ₹ 140303.63. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Mazagon Dock Shipbuilders Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Mazagon Dock Shipbuilders Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Mazagon Dock Shipbuilders Ltd shares.

The CEO of Mazagon Dock Shipbuilders Ltd is Mr.Sanjeev Singhal, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

OPEN FREE* DEMAT ACCOUNT