Mazagon Dock Shipbuilders share price
NSE: MAZDOCKBSE: 543237Industrial ManufacturingMid Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,922.30.
- Next results date: the board meets on 27 Oct 2026 to consider: financial results and dividend.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹75,029 Cr112th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 Apr 2026
- 7.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.97%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 30 Jul 2026
- 23.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 Apr 2026
- 0.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,19,78733.6% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 30 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,943 Crdown 23.57%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹550 Crdown 18.35%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 18.7%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 5 Nov | Dec 2024Filed 7 Feb | Mar 2025Filed 16 Jun | Jun 2025Filed 28 Jul | Sep 2025Filed 27 Oct | Dec 2025Filed 5 Feb | Mar 2026Filed 30 Apr | Jun 2026Filed 30 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,757 | 3,144 | 3,174 | 2,626 | 2,929 | 3,601 | 3,850 | 2,943 |
| Net profit | 585 | 807 | 325 | 452 | 749 | 880 | 674 | 550 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 21.2% | 25.7% | 10.2% | 17.2% | 25.6% | 24.4% | 17.5% | 18.7% |
Valuation
Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement.PE ratio and valuation history
At or below today's level on 38% of 1,240 trading days over the last 5 years.
At or below today's level on 35% of 1,240 trading days over the last 5 years.
At or below today's level on 60% of 1,240 trading days over the last 5 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −21.0% | +7.0% | −27.0% | 0.9% |
| 3 years | +85.0% | +32.2% | +39.2% | 1.0% |
| 5 years | +82.9% | +38.1% | +31.1% | 1.8% |
Mutual funds holding it
137 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 108 of the 111 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 64
- CutCut. Funds that held fewer shares than at the end of the month before.
- 47
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 24
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 12
| Fund | |||
|---|---|---|---|
 HDFC Defence FundHDFC Mutual Fund | 17,25,149 | 3.17% | ₹364.5 Cr |
 Motilal Oswal Nifty India Defence Index FundMotilal Oswal Mutual Fund | 10,24,469 | 3.98% | ₹216.5 Cr |
 ICICI Prudential Nifty Next 50 Index FundICICI Prudential Mutual Fund | 3,02,989 | 0.66% | ₹64.0 Cr |
 Nippon India ETF Nifty Next 50 Junior BeESNippon India Mutual Fund | 2,69,178 | 0.66% | ₹56.9 Cr |
 Aditya Birla Sun Life Nifty India Defence Index FundAditya Birla Sun Life Mutual Fund | 2,65,681 | 3.98% | ₹56.1 Cr |
| Motilal Oswal Nifty India Defence ETFMotilal Oswal Mutual Fund | 2,42,946 | 3.98% | ₹51.3 Cr |
 UTI Nifty Next 50 Index FundUTI Mutual Fund | 2,26,937 | 0.66% | ₹48.0 Cr |
 Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | 1,57,318 | 0.26% | ₹33.2 Cr |
| Nippon India Multi Asset Allocation FundNippon India Mutual Fund | 1,46,360 | 0.17% | ₹30.9 Cr |
 ITI Small Cap FundITI Mutual Fund | 1,11,989 | 0.65% | ₹23.7 Cr |
Peers and competitors
Industrial Manufacturing, 201 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Mazagon Dock Shipbuilders in market cap.
Mazagon Dock Shipbuilders is not on the chart: it has no P/E or return on equity today
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| INDO-MIMINDOMIM | 54,373 | – | – | – | – | – | – | – | 0.00% |
 Aditya InfotechCPPLUS | 46,574 | 97.4 | 24.8 | 65.6 | – | – | 25.5% | 32.7% | 0.04% |
 Cochin ShipyardCOCHINSHIP | 29,989 | 44.1 | 5.1 | 37.6 | −1.4% | −19.1% | 11.9% | 9.1% | 0.79% |
 Honeywell Automation IndiaHONAUT | 27,824 | 50.5 | 6.2 | 37.7 | +6.6% | +7.7% | 13.0% | 13.1% | 0.35% |
 Syrma SGS TechnologySYRMA | 27,692 | 74.7 | 9.7 | 45.5 | +53.0% | +85.2% | 16.1% | 15.3% | 0.10% |
 Kaynes Technology IndiaKAYNES | 21,430 | 62.0 | 4.5 | 35.3 | +34.9% | +8.7% | 9.1% | 8.5% | 0.00% |
 Jyoti CNC AutomationJYOTICNC | 20,259 | 63.0 | 10.1 | 39.2 | +17.4% | −4.4% | 17.4% | 16.9% | 0.00% |
 LMWLMW | 17,038 | 83.1 | 5.6 | 56.7 | +19.4% | +71.6% | 7.0% | 5.1% | 0.22% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 20 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.62 |
| 13 Feb 2026 | Interim | ₹7.50 |
| 4 Nov 2025 | Interim | ₹6.00 |
| 19 Sep 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.71 |
| 16 Apr 2025 | Interim | ₹3.00 |
| 30 Oct 2024 | Interim | ₹23.19 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
2 Oct · Rumour Verification - Regulation 30(11)
Sep 2026
23 Sep · Management
21 Sep · Analysts
Mazagon Dock Shipbuilders share price by year
Each calendar year to 2025.Mazagon Dock Shipbuilders share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,490.20 | +11.8% | 3,751.20 | 1,961.75 |
| 2024 | 2,227.80 | +95.3% | 2,872.23 | 919.85 |
| 2023 | 1,140.45 | +187.6% | 1,171.18 | 312.08 |
| 2022 | 396.58 | +184.5% | 457.00 | 113.30 |
| 2021 | 139.40 | +27.6% | 155.98 | 96.35 |
| 2020 | 109.23 | – | 110.98 | 82.90 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,915.00 | 1,918.10 | 1,845.00 | 1,860.00 | 1,867.44 | 7,19,787 | 33.6% |
| 22 Oct 2026 | 1,940.00 | 1,945.00 | 1,865.00 | 1,922.30 | 1,906.40 | 17,57,233 | 18.9% |
| 21 Oct 2026 | 2,052.00 | 2,059.70 | 1,982.20 | 1,997.50 | 2,008.70 | 4,37,217 | 41.8% |
| 19 Oct 2026 | 2,090.00 | 2,092.00 | 2,050.00 | 2,052.00 | 2,067.98 | 2,90,592 | 36.9% |
| 16 Oct 2026 | 2,105.00 | 2,115.50 | 2,088.00 | 2,092.00 | 2,099.98 | 3,18,701 | 33.7% |
| 15 Oct 2026 | 2,118.00 | 2,131.80 | 2,100.00 | 2,105.00 | 2,113.58 | 3,99,082 | 26.8% |
| 14 Oct 2026 | 2,120.00 | 2,145.00 | 2,108.10 | 2,124.40 | 2,124.13 | 5,03,626 | 27.9% |
| 13 Oct 2026 | 2,027.00 | 2,121.30 | 2,005.00 | 2,120.00 | 2,084.15 | 8,44,286 | 27.4% |
| 12 Oct 2026 | 2,025.00 | 2,078.00 | 2,020.00 | 2,027.00 | 2,054.14 | 5,88,340 | 22.3% |
| 9 Oct 2026 | 2,024.00 | 2,024.00 | 1,987.70 | 2,010.00 | 2,003.53 | 8,83,444 | 41.9% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 27 Dec 2024 | Split | 0.5000 | Each share became 2. |
About Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders Limited builds, repairs and refurbishes warships and submarines for the Indian Navy. It also builds vessels for the Indian Coast Guard and for commercial and offshore customers. It is a Government of India undertaking and operates under the Ministry of Defence, with facilities in Mumbai and Nhava.
Its portfolio has eight lines: warships, submarines, Coast Guard vessels, export commercial vessels, green ships, offshore projects, ship repair and refit, and global submarine lifecycle support. It is the only Indian shipyard to have built both destroyers and conventional submarines for the Indian Navy. It has delivered three of the four Nilgiri class stealth frigates under Project 17A, and all six Scorpene class submarines. Other work includes multi-purpose vessels for Navi Merchants A/S of Denmark, a methanol dual fuel platform supply vessel for the Shipping Corporation of India, and three concurrent ONGC offshore contracts.
The Nhava yard is a 37-acre greenfield shipyard for larger ships and offshore platforms. The company's warship capacity has increased from 8 to 10, and its submarine capacity from 6 to 11.
The company traces its origin to a small dry dock on Mumbai's Mazagon waterfront in 1774. It was incorporated in 1934 as a private limited company and was acquired by the Government of India in 1960. It listed on the BSE and NSE in 2020. In the year to March 2026 it acquired a 51% controlling stake in Colombo Dockyard PLC, a Sri Lankan public limited company, which is now its subsidiary. This was its first international acquisition.
- Legal name
- Mazagon Dock Shipbuilders Limited
- NSE symbol
- MAZDOCK
- BSE code
- 543237
- ISIN
- INE249Z01020
- Industry
- Industrial Manufacturing
- Listed
- Oct 2020
- Face value
- ₹5
- CIN
- L35100MH1934GOI002079
- Corporate identity number, the registrar of companies' code for it