NSE: MAZDOCK · BSE: 543237 · ISIN INE249Z01020
Mazagon Dock Shipbuilders Limited stock analysis
Mazagon Dock Shipbuilders Limited ranks #703 in the TickerSutra evidence-ranked universe with a score of 61/100 and 95% data confidence. The latest captured fundamentals show ROCE of 36.0%, quarterly sales growth of 12.1% and quarterly profit growth of 21.5%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 36%
- Low debt/equity of 0.05×
- 18.4% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹5,733cr | ₹441cr | ₹611cr | 8.0% |
| 2023 | ₹7,827cr | ₹801cr | ₹1,119cr | 10.0% |
| 2024 | ₹9,467cr | ₹1,416cr | ₹1,937cr | 15.0% |
| 2025 | ₹11,432cr | ₹2,093cr | ₹2,414cr | 18.0% |
| 2026 | ₹13,006cr | ₹2,268cr | ₹2,578cr | 17.0% |
| TTM | ₹13,323cr | ₹2,571cr | ₹2,854cr | 19.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Mazagon Dock Shipbuilders Limited has informed the Exchange regarding 'Board comments on fine levied by the Exchange'.
RoutineMazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Investor PresentationBSE · 23 Sept 2026Mazagon Dock Shipbuilders Limited has informed the Exchange about Investor Presentation
RoutineInvestor PresentationNSE · 23 Sept 2026Mazagon Dock Shipbuilders Limited has informed the Exchange about Investor Presentation
RoutineMazagon Dock Shipbuilders Ltd - 543237 - Announcement under Regulation 30 (LODR)-Change in DirectorateBSE · 23 Sept 2026Mazagon Dock Shipbuilders Limited has informed the Exchange regarding extension of tenure of Shri Biju George as Director (Operations) of the company.
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 23 Sept 2026MAZAGON DOCK SHIPBUILDERS LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
MANAGEMENT COMMENTARY
Signals from filed documents
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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