50% Sell
Mazagon Dock Share Price
MAZDOCK
Mazagon Dock Share Price Chart
About Mazagon Dock
Mazagon Dock Financials
Market cap ₹98,298 Crs | Open ₹4,923.00 | Close ₹4,922.35 |
Circuit range ₹5,906.80 - ₹3,937.90 | Day range ₹4,910.00 - ₹5,063.00 | Year range ₹1,795.40 - ₹5,860.00 |
Volume 18,00,808 | Avg. traded ₹4,998.94 | Revenue (12m) ₹10,580 Crs |
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.
Financial Highlights
– Mazagon Dock’s revenue from operations for FY23 stood at ₹7827.18 crore, up by 36.5% compared to ₹5,733.28 crore in FY22. – The net profit after tax for FY-23 was ₹1,072.72 crore compared to ₹586.47 crore during the previous year. – In FY23, the earnings before interest, tax, depreciation and amortization (EBITDA) increased to ₹1,511.281 crore from the previous year's ₹868.33 crore. – The company's earnings per share (EPS) stood at ₹53.19 in FY23 compared to ₹29.08 in the previous financial year.
Mazagon Dock Key indicators
52 week high ₹5,860.00 | 52 week low ₹1,795.40 | P/E ratio 38.24 |
P/B ratio 13.62 | ROE 37.86% | ROCE 50.8% |
Dividend yield 0.56% | Debt/Equity ratio | EPS 91.5 |
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Analyst ratings:
Sell
Analyst ratings:
Sell25%
Hold
25%
Sell
50%
This analysis is based on the reviews of 4 experts in the last 7 days
Mazagon Dock Fundamentals
Mazagon Dock Financial Ratios
Operating profit margin27.03% | Net profit margin19.49% |
ROE37.86% | ROA6.52% |
ROCE50.8% |
Quick ratio0.89 | Current ratio1.14 |
Interest coverage168.78 | Asset turnover0.33 |
Debt to Equity0 |
P/E ratio38.24 | P/B ratio13.62 |
EV / EBITDA9.11 | |
Dividend yield0.56% |
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Revenue statement
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Cash flow
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Balance sheet
All values are in ₹ Crores (Cr)Total assets
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Mazagon Dock Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Wed, Dec 11 2024 | ₹4,884.80 | ₹4,922.35 | |
Tue, Dec 10 2024 | ₹4,900.00 | ₹4,873.70 | -0.30% |
Mon, Dec 9 2024 | ₹4,900.00 | ₹4,888.20 | |
Fri, Dec 6 2024 | ₹4,870.05 | ₹4,879.40 | |
Thu, Dec 5 2024 | ₹4,900.95 | ₹4,861.55 | -0.39% |
Wed, Dec 4 2024 | ₹4,770.00 | ₹4,880.70 | |
Tue, Dec 3 2024 | ₹4,585.00 | ₹4,704.90 | |
Mon, Dec 2 2024 | ₹4,574.70 | ₹4,545.25 | -1.06% |
Events
Corporate actions
Dividend • ₹12.11/share
Ex date 19 Sep 2024
Dividend • ₹15.34/share
Ex date 20 Nov 2023
Dividend • ₹6.86/share
Ex date 20 Sep 2023
Dividend • ₹9.1/share
Ex date 21 Nov 2022
Dividend • ₹1.63/share
Ex date 19 Sep 2022
Dividend • ₹7.1/share
Ex date 06 Jan 2022
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