Mazagon Dock Shipbuilders shareholders and shareholding pattern

NSE: MAZDOCKBSE: 543237Industrial ManufacturingMid Cap

₹1,860.00₹62.30 (3.24%)BSE ₹1,862.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,922.30.

52-week range of traded prices to 23 Oct 2026

₹1,845.00Low, 23 Oct 2026₹2,881.80High, 28 Oct 2025

Next results date: the board meets on 27 Oct 2026 to consider: financial results and dividend.

Market cap: ₹75,029 Cr112th largest listed
P/E: Earlier quarters restated in the year
P/B: 7.7
Dividend yield: 0.97%
ROCE: 23.7%
Debt to equity: 0.04
Volume, NSE: 7,19,78733.6% delivered

Who owns Mazagon Dock Shipbuilders, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2020; the latest is the filing for Sep 2026.

Sep 2026 filing

Promoters81.22%
Foreign institutions1.73%
Indian institutions5.09%
GovernmentsNone
Individuals and others11.96%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Sep 2020Filed 2 Nov	Dec 2020Filed 29 Jan	Mar 2021Filed 5 Apr	Jun 2021Filed 8 Jul	Sep 2021Filed 8 Oct	Dec 2021Filed 7 Jan	Mar 2022Filed 8 Apr	Jun 2022Filed 11 Jul	Sep 2022Filed 18 Oct	Dec 2022Filed 12 Jan	Mar 2023Filed 13 Apr	Jun 2023Filed 14 Jul	Sep 2023Filed 13 Oct	Dec 2023Filed 9 Jan	Mar 2024Filed 18 Apr	Jun 2024Filed 10 Jul	Sep 2024Filed 11 Oct	Dec 2024Filed 15 Jan	Mar 2025Filed 17 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 19 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 16 Oct
	100.00%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	81.22%	81.22%	81.22%	81.22%	81.22%	81.22%
Indian promoters	100.00%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	84.83%	81.22%	81.22%	81.22%	81.22%	81.22%	81.22%
	–	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	15.17%	18.78%	18.78%	18.78%	18.78%	18.78%	18.78%
	–	–	–	–	–	–	–	–	3.05%	3.29%	3.29%	3.28%	3.69%	3.32%	2.38%	2.44%	1.45%	1.55%	2.26%	2.58%	1.97%	1.80%	1.73%	1.72%	1.73%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	3.01%	3.17%	3.22%	3.06%	3.45%	3.14%	2.28%	2.33%	1.41%	1.47%	1.69%	2.49%	1.94%	1.79%	1.73%	1.72%	1.73%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	0.04%	0.12%	0.07%	0.23%	0.24%	0.18%	0.10%	0.11%	0.04%	0.08%	0.57%	0.08%	0.03%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	0.77%	0.26%	0.31%	0.56%	0.38%	0.43%	0.67%	0.84%	1.01%	1.47%	1.70%	5.21%	5.66%	5.37%	5.09%	5.01%	5.09%
Mutual funds	–	0.96%	0.43%	0.30%	0.37%	0.90%	0.96%	0.95%	0.61%	0.22%	0.26%	0.44%	0.35%	0.37%	0.48%	0.68%	0.76%	1.23%	1.34%	1.55%	1.98%	1.78%	1.52%	1.41%	1.47%
Insurance companies	–	0.26%	0.36%	0.10%	0.01%	0.01%	0.01%	0.19%	0.13%	0.01%	0.01%	0.09%	0.02%	0.03%	0.16%	0.13%	0.23%	0.15%	0.26%	3.56%	3.58%	3.52%	3.56%	3.56%	3.57%
Banks	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.01%	Under 0.01%	0.01%	0.01%	–	0.01%
Provident and pension funds	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	Under 0.01%	–	–	0.01%
Alternative investment funds	–	–	–	0.06%	0.05%	0.03%	0.00%	0.00%	0.02%	0.03%	0.03%	0.03%	0.02%	0.01%	0.01%	0.02%	0.01%	0.08%	0.09%	0.09%	0.08%	0.06%	Under 0.01%	0.05%	0.03%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–
Government-promoted companies	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	11.35%	11.62%	11.58%	11.32%	11.10%	11.42%	12.12%	11.89%	12.72%	12.16%	11.22%	10.99%	11.16%	11.62%	11.95%	12.05%	11.96%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	6.54%	7.33%	7.45%	7.47%	7.96%	8.29%	9.29%	9.06%	10.60%	10.23%	9.35%	9.34%	9.59%	10.02%	10.31%	10.23%	10.19%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	1.86%	1.56%	1.48%	1.31%	1.14%	1.09%	0.89%	0.61%	0.51%	0.25%	0.21%	0.24%	0.27%	0.24%	0.25%	0.23%	0.23%
Companies	–	–	–	–	–	–	–	–	1.92%	1.78%	1.81%	1.74%	1.36%	1.25%	1.17%	1.40%	0.84%	0.85%	0.87%	0.69%	0.54%	0.61%	0.63%	0.67%	0.61%
Non-resident Indians	–	–	–	–	–	–	–	–	0.34%	0.35%	0.37%	0.45%	0.33%	0.36%	0.34%	0.36%	0.22%	0.37%	0.39%	0.35%	0.35%	0.35%	0.38%	0.41%	0.43%
Foreign nationals	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Foreign companies	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	0.69%	0.60%	0.46%	0.34%	0.31%	0.43%	0.43%	0.46%	0.54%	0.46%	0.39%	0.38%	0.40%	0.39%	0.38%	0.50%	0.49%
Non-Resident Indian (NRI)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.12%	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Clearing Members	–	–	–	–	–	–	–	–	0.18%	0.19%	0.04%	0.01%	Under 0.01%	0.12%	0.11%	0.15%	0.09%	0.10%	0.08%	0.07%	0.06%	0.06%	0.06%	0.18%	0.16%
Hindu undivided families	–	–	–	–	–	–	–	–	0.38%	0.30%	0.31%	0.29%	0.27%	0.28%	0.28%	0.27%	0.29%	0.30%	0.27%	0.27%	0.27%	0.28%	0.28%	0.28%	0.27%
Employees	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	–	0.00%	0.02%	0.02%	0.02%	0.02%	0.02%
Others	–	–	–	–	–	–	–	–	0.12%	0.07%	0.07%	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%
Qualified Institutional Buyer	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–
Nominee Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–
Government Departments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%
Shares in issue	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	20,16,90,000	40,33,80,000	40,33,80,000	40,33,80,000	40,33,80,000	40,33,80,000	40,33,80,000	40,33,80,000	40,33,80,000
Shares locked in	–	17,10,90,983	17,10,90,983	17,10,90,983	17,10,90,983	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	0	0	0	0	0	0	–	–	–	–	–	–
Promoters' shares locked in	–	17,10,90,983	17,10,90,983	17,10,90,983	17,10,90,983	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	4,03,38,000	0	0	0	0	0	0	–	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Mazagon Dock Shipbuilders shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Sep 2020Filed 2 Nov	Dec 2020Filed 29 Jan	Mar 2021Filed 5 Apr	Jun 2021Filed 8 Jul	Sep 2021Filed 8 Oct	Dec 2021Filed 7 Jan	Mar 2022Filed 8 Apr	Jun 2022Filed 11 Jul	Sep 2022Filed 18 Oct	Dec 2022Filed 12 Jan	Mar 2023Filed 13 Apr	Jun 2023Filed 14 Jul	Sep 2023Filed 13 Oct	Dec 2023Filed 9 Jan	Mar 2024Filed 18 Apr	Jun 2024Filed 10 Jul	Sep 2024Filed 11 Oct	Dec 2024Filed 15 Jan	Mar 2025Filed 17 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 19 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 16 Oct
All shareholders	7	1,09,754	1,06,711	1,18,296	1,22,459	1,16,739	1,18,354	1,14,635	1,19,248	1,58,987	1,64,151	2,02,872	3,08,372	3,45,328	3,86,330	4,77,478	6,72,404	6,89,605	6,76,957	7,19,743	7,41,680	7,62,652	8,08,455	8,05,823	7,97,262
	7	7	7	7	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Indian promoters	7	7	7	7	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	1,09,747	1,06,704	1,18,289	1,22,458	1,16,738	1,18,353	1,14,634	1,19,247	1,58,986	1,64,150	2,02,871	3,08,371	3,45,327	3,86,329	4,77,477	6,72,403	6,89,604	6,76,956	7,19,742	7,41,679	7,62,651	8,08,454	8,05,822	7,97,261
	–	–	–	–	–	–	–	–	67	80	79	88	112	114	116	136	114	122	156	196	134	125	122	118	119
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	64	74	73	77	98	104	110	124	107	117	143	184	128	122	120	116	118
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	3	6	6	11	14	10	6	12	7	5	13	12	6	3	2	2	1
	–	–	–	–	–	–	–	–	13	14	18	23	24	35	39	43	52	57	64	75	77	62	61	65	66
Mutual funds	–	5	4	7	7	7	7	7	7	7	12	13	14	15	17	19	22	26	28	28	31	30	31	31	31
Insurance companies	–	2	4	3	2	1	2	4	4	3	3	6	6	10	10	12	14	16	17	19	19	16	14	14	12
Banks	–	–	–	–	–	–	–	–	0	0	0	0	0	4	5	2	4	0	0	2	1	2	3	–	3
Provident and pension funds	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	–	–	2
Alternative investment funds	–	–	–	3	1	1	0	0	1	2	1	1	1	2	2	3	4	8	11	17	17	6	7	13	10
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	1	2	2	3	3	4	5	7	8	7	8	9	8	7	6	7	8
	–	–	–	–	–	–	–	–	0	0	0	1	1	1	0	1	1	2	2	2	2	3	3	–	–
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	3	3	–	–
Government-promoted companies	–	–	–	–	–	–	–	–	0	0	0	1	1	1	0	1	1	2	2	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	1,19,167	1,58,892	1,64,053	2,02,759	3,08,234	3,45,177	3,86,174	4,77,297	6,72,236	6,89,423	6,76,734	7,19,469	7,41,466	7,62,461	8,08,268	8,05,639	7,97,076
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	1,14,536	1,53,726	1,58,647	1,96,410	3,00,201	3,35,822	3,75,568	4,64,224	6,56,801	6,72,277	6,58,400	7,00,446	7,21,093	7,41,567	7,85,728	7,81,835	7,72,233
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	44	31	31	30	24	21	19	20	17	14	12	15	14	12	13	11	12
Companies	–	–	–	–	–	–	–	–	391	483	491	579	690	752	868	1,129	1,196	1,307	1,390	1,397	1,444	1,396	1,424	1,508	1,820
Non-resident Indians	–	–	–	–	–	–	–	–	985	1,230	1,324	2,701	3,717	4,414	5,033	6,610	4,338	8,628	9,748	9,854	10,258	10,567	11,691	12,586	13,303
Foreign nationals	–	–	–	–	–	–	–	–	0	0	0	0	0	1	1	1	2	2	2	2	3	3	3	3	3
Foreign companies	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	3,211	3,422	3,560	3,039	3,602	4,167	4,685	5,313	9,882	7,195	7,182	7,754	8,653	8,915	9,408	9,695	9,704
Non-Resident Indian (NRI)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,237	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	2	3	3	4	6	6	7	10	8	12	10	13	13	12	13	16	16
Clearing Members	–	–	–	–	–	–	–	–	149	113	58	18	11	59	54	66	66	71	66	64	56	42	39	51	37
Hindu undivided families	–	–	–	–	–	–	–	–	2,139	2,245	2,382	2,690	3,259	3,772	4,287	4,910	6,014	6,580	6,931	7,486	7,971	8,259	8,661	8,926	8,964
Employees	–	–	–	–	–	–	–	–	–	339	334	327	326	330	336	326	407	377	–	0	435	420	504	482	465
Others	–	–	–	–	–	–	–	–	921	722	783	–	–	–	1	1	1	1	1	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	149	154	174	190	177	180	189	216	218
Qualified Institutional Buyer	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–
Nominee Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–
Government Departments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3

Mazagon Dock Shipbuilders promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is THE PRESIDENT OF INDIA, 81.22%.Promoter buying and selling

Holder
THE PRESIDENT OF INDIACentral and state governments	81.22%	32,76,18,501

No promoter shares are reported as pledged.

Largest public holders of Mazagon Dock Shipbuilders, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Mazagon Dock Shipbuilders

Holder	Jun 2025Filed 18 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 19 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 16 Oct
Life Insurance Corporation of IndiaInsurance companies	3.27%	3.27%	3.30%	3.31%	3.31%	3.31%

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.