Mazagon Dock Share Price

₹ 1,839.00

+₹10.90 (0.60%)
1D
Last updated 05 Nov, 2026, 15:59 IST
NSE: MAZDOCK
|
Ship Building

Mazagon Dock Share Price Today

As of 6 Nov 2026, Mazagon Dock share price is ₹1,839.00. The stock opened at ₹1,850.00, compared to its previous close of ₹1,828.10. During today's trading session, Mazagon Dock share price moved in the range of ₹1,836.70 to ₹1,864.80, with an average price of ₹1,850.75 for the day. Looking at its last 52-week, the stock has touched a low of ₹1,687.50 and a high of ₹2,848.00. On the performance front, Mazagon Dock share price has declined by 30.17% over the last six months and is down 31.46% on a year-on-year basis.

Share price over the last 1 day fell from 1856.80 to 1839.00, ranging between 1837.10 and 1860.70.
₹1,836.70
0.60% up today
₹1,864.80
1D LOW
1D HIGH

Mazagon Dock Stock Insights

Latest Earning
Op Profit TrendUp by 5.72% YoY
Latest Earning
Net Profit TrendUp by 6.35% YoY
Latest Earning
Revenue TrendUp by 12.81% YoY
Stock Performance
UnderperformingUnderperforming Nifty by 24.43 % in last 1 yr
Shareholding Pattern
DIIDII increased stake by 0.37%
Shareholding Pattern
FIIFII increased stake by 0.73%
Technical Indicators
MACD CrossThe MACD line crossed above the signal line on 1 Day interval.
Technical Indicators
Gap UpPrice opened with a gap-up.
Mazagon Dock stock performance
Open₹1,850.00
High₹1,864.80
Low₹1,836.70
Prev. close₹1,828.10
Mazagon Dock trading activity
Volume7,45,228
Average traded price₹1,849.32
Last traded time03:59:22 05 Nov
Last traded quantity1
Circuit
L
H
₹1,784.70
₹1,894.90
52-week
L
H
₹1,687.50
₹2,848.00
Mkt Cap Cr
71,962.99
P/E
30.12
P/B
7.06
ROA
9.07%
ROE
23.45%
ROCE
26.84%
Quick Ratio
1.24
EV/EBITDA
19.33

Based on fundamentals, this stock's

Performance: 1 out of 5, Very Poor
Performance
Very Poor
Mazagon Dock has not beaten FD return of 7%
Valuation: 1 out of 5, Overvalued
Valuation
Overvalued
Mazagon Dock appears overvalued compared to its peers
Earnings: 3 out of 5, Neutral
Earnings
Neutral
Mazagon Dock earnings growth is positive
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
HAL3,31,712.4036.418.277.04%22.21%14.09%1.9220.52
BEL2,90,271.3245.3311.0513.96%24.37%32.13%1.4529.38
Solar Industries (India)1,77,542.3975.0922.8917.77%29.5%32.87%1.3548.96
Bharat Dynamics39,478.7875.799.313.65%9.91%7.22%1.2841.12
Cochin Shipyard32,543.0947.855.544.68%12.2%14.45%1.0426.03
ITI24,493.1475.4612.853.47%-8.2%1.44%0.946.24
Garden Reach Ship & Eng24,399.5830.749.377.53%28.48%38.21%0.818.57
Data Patterns India22,085.6885.2913.1613.89%15.63%21.41%8.555.76
MTAR Technologies18,571.56139.1822.587.65%11.43%12.93%0.8677.7
SIGMA ADVANCED SYSTEM LTD17,856.17106.8418.9315.73%57.22%39.83%0.9977.0

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

Mazagon Dock Company Background

ISIN
INE249Z01020
Sector Market Cap
₹ 71,962.99 Cr

Mazagon Dock Shipbuilders Limited (MDL) is a leading shipbuilding company in India. Founded in 1934, the company is headquartered in Mumbai. It has around 47% stake in Goa Shipyard Limited, situated on the West Coast of India. It operates under the administrative jurisdiction of the Ministry of Defence, Government of India.

The company was a small dry dock and its first shipyards were made in 1774. Over the years, Mazagon Dock has successfully built hundreds of vessels including warships, submarines, cargo/passenger ships and offshore platforms, solidifying its position in the maritime industry.

The market capitalisation of Mazagon Dock Shipbuilders Limited is ₹46,284 crore as of January 11, 2024. Mazagon Dock share price has gained 926.46% in the last three years.

Business operations

Mazagon Dock specialises in the defence sector and has produced a total of 801 vessels. The portfolio includes 27 warships, from advanced destroyers to missile boats and 7 submarines. In addition to its defence-oriented projects, Mazagon Dock has also delivered a diverse range of vessels such as cargo and passenger ships, supply vessels, water tankers, tugs, dredgers and fishing trawlers for clients both in India and internationally.

The company has an infrastructure capable of concurrently handling the construction of 11 submarines and 10 warships in one year. Its headquarters in Mumbai is strategically located and caters to the Western Naval Command of the Indian Navy. As it is positioned along the west coast of India with easy sea route access, Mazagon Dock has seamless connectivity to Europe, West Asia and the Pacific Rim. This strategic location facilitates efficient coordination and operations, as both the Indian Navy, the Indian Coast Guard and the company's vendors are located in and around Mumbai.

All of Mazagon Dock’s operations are done at a single location in Mumbai. The North Yard, South Yard, Nhava Yard and Anik Yard are shipbuilding yards, while the East Yard serves as a submarine construction yard. The Alcock Yard is situated above the North Yard of Mazagon. The construction and accommodation of ships and submarines take place on the land adjacent to the South Yard.

In FY23, the company signed a contract valued at ₹2,724.63 crore with the Indian Navy for the Medium Refit cum Life Certification (MRLC) of the second Shishumar class submarine, INS Shankush.

Mazagon Dock is looking for diversification to expand its footprint in underwater equipment and platforms. It entered a new market segment by venturing into the manufacturing of cargo containers. The company secured orders for 2,500 containers from Container Corporation of India Limited in 2023.

Mazagon Dock Financial Highlights

  • Revenue: Mazagon Dock reported revenue of ₹14,150.79 crore in FY26 vs ₹12,543.45 crore in FY25. It showed an increase of 12.81% on a yearly basis.
  • Operating Profit: Mazagon Dock reported an operating profit of ₹3,236.79 crore in FY26 vs ₹3,061.66 crore in FY25. It showed an increase of 5.72% on a year-on-year basis.
  • Net Profit: Mazagon Dock reported a net profit of ₹2,421.88 crore in FY26 vs ₹2,277.34 crore in FY25. It showed an increase of 6.35% on a yearly basis.

Mazagon Dock Quarterly Result Highlights

  • Mazagon Dock reported revenue of ₹2,697.06 crore in Sep 2026, compared with ₹3,235.67 crore in Jun 2026, representing a decrease of 16.65% on a quarter-on-quarter (QoQ) basis.
  • Mazagon Dock reported an operating profit of ₹399.45 crore in Sep 2026, compared with ₹686.45 crore in Jun 2026, representing a decrease of 41.81% on a quarter-on-quarter (QoQ) basis.
  • Mazagon Dock reported a profit of ₹297.91 crore in Sep 2026, compared with ₹512.04 crore in Jun 2026, reflecting a decrease of 41.82% on a QoQ basis.
  • The earnings per share (EPS) of Mazagon Dock stood at ₹64.04 during Sep 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Promoters
81.22%
FII
1.73%
Other DII
3.62%
Retail and other
11.96%
Mutual funds
1.47%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 20251.80%
Mar 20261.73%
Jun 20261.72%
Sep 20261.73%

Mazagon Dock Investment Returns

1 day
+0.60%
1 week
+4.33%
1 month
-11.33%
1 year
-31.46%
3 years
+91.31%
5 years
+1126.98%

Mazagon Dock Share Price History

Mazagon Dock share price history by day, showing open and close prices and the percentage change
Day
Open / Close
Change %
05 Nov 26
₹1,850.00 / ₹1,839.00
+0.60%
04 Nov 26
₹1,785.10 / ₹1,828.10
+2.41%
03 Nov 26
₹1,758.00 / ₹1,785.10
+2.79%
02 Nov 26
₹1,724.00 / ₹1,736.60
+1.84%
Show more

Mazagon Dock Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹13,006.31₹11,431.88₹9,466.58₹7,827.18
Other Income₹1,139.40₹1,111.57₹1,101.47₹686.83
Total Revenue₹14,145.71₹12,543.45₹10,568.05₹8,514.01
Total Expenses₹10,908.92₹9,481.79₹8,143.22₹7,111.33
Profit Before Tax₹3,236.79₹3,061.66₹2,424.83₹1,402.68
Tax₹814.91₹784.32₹615.95₹356.61
Profit After Tax₹2,421.88₹2,277.34₹1,808.88₹1,046.07
EPS - Basic₹64.04₹59.83₹96.04₹55.48
EPS - Diluted₹64.04₹59.83₹96.04₹55.48

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹3,236.79₹3,061.66₹2,424.83₹1,402.68
Income before WC changes₹2,720.92₹2,901.79₹1,505.87₹870.12
Change in Assets-₹62.65₹3,295.56₹1,349.74₹2,159.26
Change in Liabilities-₹4,326.91-₹3,152.79-₹1,494.70-₹1,201.63
Change in WC-₹4,389.56₹142.77-₹144.96₹957.63
Cash flow from Operations-₹2,653.88₹2,102.05₹683.75₹1,515.60
Cash flow from Investing₹1,165.70-₹1,298.98₹1,419.81-₹149.66
Cash flow from Financing-₹931.22-₹736.16-₹448.50-₹217.99
Total Cash Flow-₹2,419.40₹66.91₹1,655.06₹1,147.95
Cash (Start of the year)₹5,300.74₹5,218.48₹1,868.42₹720.47
Cash (End of the year)₹2,881.34₹5,285.39₹3,523.48₹1,868.42

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹5,202.73₹3,993.91₹3,660.62₹3,377.98
Current Assets₹22,255.04₹24,713.81₹25,788.19₹26,085.19
Total Assets₹27,457.77₹28,707.72₹29,448.81₹29,463.17
Current Liabilities₹15,855.54₹19,823.03₹22,634.35₹24,139.85
Net Current Asset₹6,399.50₹4,890.78₹3,153.84₹1,945.34
Non-Current Liabilities₹1,618.22₹944.81₹570.99₹563.16
Equity Capital₹9,984.01₹7,939.88₹6,243.47₹4,760.16
Total Equity & Liabilities₹27,457.77₹28,707.72₹29,448.81₹29,463.17

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹12,839.64₹11,431.88₹9,466.58₹7,827.18
Other Income₹1,142.75₹1,159.11₹1,138.02₹713.48
Total Revenue₹13,982.39₹12,590.99₹10,604.60₹8,540.66
Total Expenses₹10,731.91₹9,481.79₹8,143.22₹7,111.33
Profit Before Tax₹3,250.48₹3,109.20₹2,461.38₹1,429.33
Tax₹814.71₹784.32₹615.95₹356.61
Profit After Tax₹2,435.77₹2,324.88₹1,845.43₹1,072.72
EPS - Basic₹60.38₹57.63₹45.75₹53.19
EPS - Diluted₹60.38₹57.63₹45.75₹53.19

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹3,250.48₹3,109.20₹2,461.38₹1,429.33
Income before WC changes₹2,714.02₹2,901.79₹1,505.87₹870.12
Change in Assets-₹170.94₹3,295.56₹1,349.75₹2,159.26
Change in Liabilities-₹4,318.81-₹3,152.79-₹1,494.71-₹1,201.63
Change in WC-₹4,489.75₹142.77-₹144.96₹957.63
Cash flow from Operations-₹2,760.97₹2,102.05₹683.75₹1,515.60
Cash flow from Investing₹975.39-₹1,298.98₹3,114.81-₹149.66
Cash flow from Financing-₹834.11-₹736.16-₹448.50-₹217.99
Total Cash Flow-₹2,619.69₹66.91₹3,350.06₹1,147.95
Cash (Start of the year)₹5,285.39₹5,218.48₹1,868.42₹720.47
Cash (End of the year)₹2,665.70₹5,285.39₹5,218.48₹1,868.42

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹3,881.68₹3,234.87₹2,987.83₹2,795.38
Current Assets₹21,756.60₹24,713.81₹25,788.19₹26,085.19
Total Assets₹25,638.28₹27,948.68₹28,776.02₹28,880.57
Current Liabilities₹15,302.71₹19,823.03₹22,618.73₹24,139.85
Net Current Asset₹6,453.89₹4,890.78₹3,169.46₹1,945.34
Non-Current Liabilities₹1,492.42₹944.81₹586.61₹563.16
Equity Capital₹8,843.15₹7,180.84₹5,570.68₹4,177.56
Total Equity & Liabilities₹25,638.28₹27,948.68₹28,776.02₹28,880.57
* All values are in INR Crore
Mazagon Dock market depth
Bid quantityBid priceAsk priceAsk quantity
001839270
0000
0000
0000
0000
Total bid quantity0
Total ask quantity270
Mazagon Dock technical summary
Bearish indicators3
Neutral indicators5
Bullish indicators0
OverallSlightly Bearish
by SEBI experts

Expert Pick

EXPPICK
Stop-loss
Stop-loss is locked. Sign in to view.
Entry price
Entry price is locked. Sign in to view.
Target
Target is locked. Sign in to view.
Indicator
Value
Verdict
RSI (14)
37.53
Neutral
ATR (14)
80.82
Neutral
STOCH(9,6)
56.67
Neutral
STOCH RSI (14)
82.72
Bearish
ADX(9)
58.13
Bearish
UO(9)
42.26
Neutral
ROC(12)
-12.61
Bearish
WillR(14)
-68.35
Neutral
Period
Simple value
Exponential vaue
5D
1763.56
1788.22
10D
1796.19
1821.13
20D
1927.21
1908.82
50D
2169.42
2093.81
100D
2312.77
2225.67
Volume trend — traded volume by day
5 Nov7L
4 Nov8L
3 Nov21L
2 Nov11L
30 Oct10L
Average11L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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Mutual Funds Invested in Mazagon Dock

Fund name
AUM
Motilal Oswal Nifty India Defence Index Fund
5.77%
Aditya Birla Sun Life Nifty India Defence Index Fund
5.75%
Taurus Largecap Equity Fund
3.24%

Mazagon Dock Returns Calculator

Ex-date: 03 Nov 2026
Ex-date: 20 Aug 2026
Ex-date: 13 Feb 2026

Mazagon Dock Latest News

2 days ago
GRSE, Mazagon Dock, Cochin Shipyard: Defence stocks rally up to 9% as investors focus on ₹32,000 crore Indian Navy order
4 days ago
Dividend, stock split, bonus issues this week: Infosys, NTPC, Asian Paints, Coal India, Colgate, others in focus
1 week ago
Mazagon Dock Q2 results: Profit declines 54% to ₹344 crore, ₹5/share dividend declared; stock crashes 10% intraday
1 week ago
Bharat Electronics, HAL, BEML: Defence stocks rally as Centre clears ₹2.12 lakh crore procurement proposals
1 week ago
India's next maritime growth wave? Cochin Shipyard, Adani Ports among stocks to watch
1 week ago
Q2 results this week: Ather Energy, IndiGo, L&T, Paytm, Maruti, Mazagon Dock, Adani Enterprises, Vedanta, among others in focus
2 weeks ago
Hindustan Aeronautics, BEL, BDL: What Rubio’s India visit means for defence stocks; key things investors should know
1 month ago
Stocks to watch, Sept 21: Welspun Corp, Tata Group stocks, Mazagon Dock, GR Infraprojects, NTPC, RVNL, NMDC
1 month ago
Stocks to watch, Sept 17: IT stocks, Eicher Motors, RailTel, BSE, CDSL, Highway Infra, Mazagon Dock
1 month ago
Mazagon Dock shares in focus: A new order win puts the spotlight on the defence PSU
Showing news item 1 of 10

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Mazagon Dock Share Price FAQs

Please be aware that Mazagon Dock stock prices are subject to continuous fluctuations due to various factors.