Mazagon Dock Shipbuilders hits 52-week high ahead of Q4 numbers; key details here

The stock today surged as much as 2.34% to hit its 52-week high level. Last seen, the scrip was trading at ₹3,713.90, up 1.36%.

In October last year, the PSU announced stock split or sub-division of its shares in the ratio of 1:2. The PSU had fixed December 27, 2024, as the record date for the corporate action.

Mazagon Dock Q3 FY325 Results

Mazagon Dock reported a 28.8% increase in its consolidated net profit to ₹807 crore in Q3 FY25 as compared to ₹627 crore registered in the year-ago quarter.

Revenue from operations grew 33% to ₹3,144 crore in the October-December FY25. The company’s revenue during Q3FY24 stood at ₹2,362 crore.

Its earnings before interest, taxes, depreciation and amortization (EBITDA) saw a 51.5% jump to ₹817 crore in the reporting quarter as against ₹539 crore corresponding quarter last financial year. Mazagon Dock’s EBITDA margin advanced by 317 basis points (bps) to 26% in Q3FY25 as compared to 22.8% in Q3FY24.

Mazagon Dock (MDL) also declared a total interim dividend for FY25 for ₹467.72 crore i.e. ₹23.19 per share (231.90% of face value ₹10), which is the highest ever, the company said.

In April, the company declared an interim dividend of ₹3 per equity share. The stock traded ex-dividend on April 16. The dividend payment date was fixed as May 7, 2025.

About Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders (MDL) is one of the leading shipbuilding yards in India. Its history dates back to 1774. Over the years, MDL has established a tradition of skilled and resourceful service to the shipping world in general and the Indian Navy & Coast Guard. It was incorporated as a private limited company in 1934.

After its takeover by the Government in 1960, Mazagon Dock grew rapidly to become the premier war-shipbuilding yard in India, producing warships for the Navy and offshore structures for the Bombay High, as per the company's website.

Since 1960, MDL has built total 805 vessels including 30 warships, from advanced destroyers to missile boats and 8 submarines, according to its website.

Mazagon Dock Shipbuilders stock performance

Shares have advanced over 61% in the past six months, and 22.5% in the past 30 days. So far in 2025, shares have rallied over 65%.