Market closedLast updated 16 JUL 2026, 16:08 ISTData NSENot investment advice
Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders Share Price Today (MAZDOCK)

TechnicalsTV Chart
2,369.40
9.50+0.40%
Overall Score76/100
Today's 2,358
₹2,369.40
2,403
52-Week 2,057
₹2,369.40
3,150
Open2,365.10
Prev Close2,359.90
Bid2,369.28189
Ask2,369.52118

TODAY IN ONE LINE

MAZDOCK is little changed at ₹2366.50 on light volume — a quiet consolidation day, supported by recent strong earnings.

With a market cap of ₹95,560.72 Cr., it trades at a P/E of 36.85. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume472.0K49%vs 20D avg
Market Cap₹95,560.72 Cr.
Promoter Hold.81.22%
Face Value₹5
Fwd P/E31.19
PEG1.23
EV/EBITDA23.59
P/S7.36
ROA4.83%
Beta1.47
Div Payout30.03%
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score76/100
Updated 13 Jul
Each card tappable → shows formula + inputs
FLAGS

Mazagon Dock Shipbuilders flags 

Key strengths and potential risks.

9 green flags🚩 0 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 109.0% YoY
  • Quarterly OutperformanceLatest quarter Sales up 21.3% and Profit up 109.0%
  • High Capital EfficiencyROCE of 36.0% indicating pricing power
  • Strong Return on EquityHealthy ROE of 29.2%
  • Healthy Operating MarginsOPM is structurally strong at 17.4%
  • High Promoter HoldingPromoters hold 81.2% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Positive Free Cash FlowFCF has been positive for 3 consecutive years
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

No red flags identified

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

11 JUL 2026
corporate
Press Release - Mazagon Dock Shipbuilders Limited has informed the Exchange regarding a press release dated July 11,...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

Mazagon Dock Shipbuilders Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Mazagon Dock Shipbuilders Limited, framed against the sector median so the premium or discount is obvious at a glance.

Mazagon Dock Shipbuilders Limited trades at a P/E of 36.85× and P/B of 9.76×.

Key MetricsLive · as of 15 Jul 2026
Valuation

Valuation

Market Cap
₹95,560.72 Cr.
P/E Ratio
Neutral
Near threshold of 25
36.85
P/B Ratio
Watch
Above quality threshold of 5
9.76
EPS
₹63.96
Profitability

Profitability

ROE
Good
Better than threshold of 15%
29.2%
ROCE
Good
Better than threshold of 15%
36%
Net Margin
Good
Better than threshold of 10%
17.63%
Op Margin
Good
Better than threshold of 15%
17.4%
Growth

Growth

EPS YoY
Good
Better than threshold of 15%
109%
Revenue YoY
Good
Better than threshold of 10%
21.3%
Qtr Sales
Good
Better than threshold of 10%
21.3%
Qtr Profit
Good
Better than threshold of 10%
109%
Financial Health

Financial Health

Debt / Equity
Good
Better than threshold of 1
0
Book Value
₹241.83
Div Yield
Neutral
Near threshold of 2%
0.81%
Promoter Holding
Good
Better than threshold of 50%
81.22%
Technicals

Mazagon Dock Shipbuilders Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Mazagon Dock Shipbuilders Limited — derived from the live tape, not yesterday's close.

Mazagon Dock Shipbuilders Limited last traded at ₹2,369.4 with an intraday range of ₹2,358.3–₹2,403 — live indicator, pivot and CPR signals below.

Last updated: 16:08:00 IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹2369.40
LevelPrice (₹)Distance% Δ
R42484.90+115.50+4.87%
R32440.20+70.80+2.99%
R22421.60+52.20+2.20%
R12395.50+26.10+1.10%
PIVOT2376.907.500.32%
CURRENT2369.40
S12350.80-18.60-0.79%
S22332.20-37.20-1.57%
S32306.10-63.30-2.67%
S42261.40-108.00-4.56%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 2373.15P: 2376.90TC: 2380.65
R1
R2
R3
R4
indicator
LTP: 2369.40
PDH: 2388.00
PDL: 2351.10
● Market Sentiment

MAZDOCK is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 2365.12379

● Price Position

Trading Inside opening range

Financials

Mazagon Dock Shipbuilders Limited financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Mazagon Dock Shipbuilders Limited, switchable between annual and quarterly views, consolidated or standalone.

Mazagon Dock Shipbuilders Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹95,560.72 Cr. and reported EPS of ₹63.96.

Period202120222023202420252026
Revenue from Operations
4,048
5,733
7,827
9,467
11,432
13,006
Other Income
574
410
687
1,101
1,121
1,139
Total Income
4,622
6,144
8,514
10,568
12,553
14,146
Cost of Goods Sold (COGS)
1,882
2,693
4,446
5,082
5,682
7,339
Gross Profit
2,166
3,040
3,381
4,385
5,750
5,667
+Operating Expenses
1,942
2,606
2,584
2,973
3,690
3,402
EBITDA
224
435
798
1,412
2,060
2,266
+Non-Operating Expenses
-58
68
82
88
120
168
Profit Before Tax (PBT)
604
749
1,403
2,425
3,062
3,237
+Tax Expense
150
186
357
616
784
815
Total Profit for Period
514
611
1,119
1,937
2,414
2,578
Less: Non-controlling Interests
-5
Net Profit (Owner's PAT)
514
611
1,119
1,937
2,414
2,583
Earnings Per Share (EPS)
12.74
15.14
27.74
48.02
59.83
64.04
Diluted Shares Outstanding (Nos.)
40
40
40
40
40
40
+Additional Disclosures
5,974
8,130
11,630
13,347
15,305
18,399
Sales Growth %
41.64
36.52
20.94
20.76
13.77
YoY Sales Growth %
41.64
36.52
20.94
20.76
13.77
Material Cost %
46
47
57
54
40
44
Employee Cost %
16
14
10
9
9
8
Other Cost %
32
32
23
22
24
19
OPM %
6
8
10
15
18
17
Tax %
25
25
25
25
26
25
Profit Growth %
18.87
83.20
73.09
24.60
7.04
Gross Margin %
53.51
53.03
43.20
46.32
50.29
43.57
EBITDA Margin %
5.53
7.58
10.19
14.91
18.02
17.42
Interest Coverage Ratio
19.64
50.31
113.38
259.47
442.01
30.31
Ebit
164
360
722
1,328
1,945
2,169
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Mazagon Dock Shipbuilders segment analysis: revenue and profit mix.

Disclosed business segments at Mazagon Dock Shipbuilders with their share of revenue and profit, switchable between consolidated and standalone reporting.

Mazagon Dock Shipbuilders discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Mazagon Dock Shipbuilders Limited.

Our AI distills the core fundamental drivers supporting Mazagon Dock Shipbuilders Limited, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.

Mazagon Dock Shipbuilders Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • ROE 29.20% and ROCE 36.00% demonstrate exceptional capital efficiency and returns.

  • Negligible debt at ₹18.4 Cr with D/E ratio 0.0005 ensures fortress balance sheet.

  • Promoter holding 81.22% signals strong governance and long-term commitment.

  • Operating margin 17.40% TTM underpins solid core profitability and pricing power.

  • Latest quarterly EPS grew 109.00% YoY, reflecting strong earnings momentum.

bear case

Key Risks.

  • P/E ratio 39.54x indicates premium valuation relative to historical norms.

  • Stock trades 28.7% below 52-week high of ₹3,326, signaling weakened momentum.

  • Dividend yield remains modest at 0.81% despite strong profitability.

  • FII holdings eased from 3.69% to 1.45%, signals foreign investor caution.

  • Operating cash flow forecast negative ₹-3,234.77 Cr signals impending cash burn.

flip conditions

Flip Conditions.

  • Trim if P/E re-rates above 48. The valuation cushion thins from there.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Exit if ROE slips below 24%. The operating engine is no longer compounding capital efficiently.

  • Income thesis breaks if the dividend is cut or yield falls below 0.41%.

Shareholding

Mazagon Dock Shipbuilders shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Mazagon Dock Shipbuilders — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualMar 2026

Promoters81.22%
Public11.95%0.79%
DII5.09%0.57%
FII1.73%0.24%

Ownership Distribution

Promoters
81.22%
Retail & Public
11.95%
Domestic Institutions
5.09%
Foreign Institutions
1.73%

Category Trends

Foreign Institutions Breakdown
Total Holding: 1.73%
Net Change: -0.24%
Category Total1.73%
Total Holding1.73%
Net Change-0.24%
Aggregate Data
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod

Foreign Institutions: 1.73%

Individual institutional breakdown is not disclosed by the company, but aggregate holding data is shown above.

💡 This category has 1.73% total holding without detailed institution-wise disclosure
Peers

Mazagon Dock Shipbuilders Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Mazagon Dock Shipbuilders Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Mazagon Dock Shipbuilders Limited
₹95,560.72 Cr
Best Profit Growth
Mazagon Dock Shipbuilders Limited
109.00 %
Highest Dividend Yield
Mazagon Dock Shipbuilders Limited
0.81 %
09 · Chart Patterns

Mazagon Dock Shipbuilders Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Mazagon Dock Shipbuilders Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on MAZDOCK
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full MAZDOCK pattern history & scanner →
Delivery Conviction

Mazagon Dock Shipbuilders Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Mazagon Dock Shipbuilders Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Mazagon Dock Shipbuilders Limited stood at 21.5% of traded volume, against a 20-day average of 32.1%.

Avg Delivery (20D)32.1%-10.6 ppt latest vs avg
Highest Delivery46.8%on 09 Jul
Avg Volume (20D)9.27 L20-day run-rate
Conviction Trend↑ Strengthening-10.6 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Mazagon Dock Shipbuilders announcements: results, concalls, ratings, M&A.

Filings Mazagon Dock Shipbuilders sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Mazagon Dock Shipbuilders files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 116 documents below.

  1. 11 Jul 2026Press ReleaseView PDF

    Press Release

    Mazagon Dock Shipbuilders Limited has informed the Exchange regarding a press release dated July 11, 2026, titled "A New Sentinel for the Seas: INS…

  2. 03 Jul 2026Change in ManagementView PDF

    Change in Management

    Mazagon Dock Shipbuilders Limited has informed the Exchange about changes in Senior Management of the company due to Internal Promotions

  3. 25 Jun 2026Trading WindowView PDF

    Trading Window

    Mazagon Dock Shipbuilders Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…

  4. 26 May 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Mazagon Dock Shipbuilders Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of…

  5. 12 May 2026UpdatesView PDF

    Updates

    Mazagon Dock Shipbuilders Limited has informed the Exchange regarding 'Board comments on fine levied by the Exchange'.

Corporate Actions

Mazagon Dock Shipbuilders dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Mazagon Dock Shipbuilders has declared, sequenced by announce and record date.

Mazagon Dock Shipbuilders corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Mazagon Dock Shipbuilders insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Mazagon Dock Shipbuilders as reported to SEBI — buying and selling signals from the people who know the business best.

Mazagon Dock Shipbuilders insider activity below tracks 3 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Payal PrakashInsider08 Apr 2025sell1.0 K₹23.51 L₹2,351.47
The President of India acting through the Ministry of Defence, Government of IndiaInsider07 Apr 2025sell1.46 Cr₹3,677.78 Cr.₹2,525.35
Payal PrakashInsider01 Jan 2025buy+1.0 K₹22.35 L₹2,234.79
About the Company

About Mazagon Dock Shipbuilders Limited: business, sector, key facts.

What Mazagon Dock Shipbuilders Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Mazagon Dock Shipbuilders Limited operates in the Ship Building & Allied Services industry under the Capital Goods sector, listed as NSE: MAZDOCK, BSE: 543237.

MAZDOCK
Capital Goods

Mazagon Dock Shipbuilders Limited

NSE · MAZDOCK·BSE · 543237·mazagondock.in

Mazagon Dock Shipbuilders Limited (MDL) is a prominent Indian shipbuilding and repair company with a long history dating back to 1774. Its core business revolves around the construction and maintenance of a wide range of vessels and maritime structures, both for the Indian Navy and the commercial sector. This encompasses a diverse portfolio of projects, showcasing the company's extensive capabilities in shipbuilding and related engineering.

MDL operates primarily through two distinct segments: Shipbuilding and Submarine. The Shipbuilding segment caters to a broad spectrum of clients, including the Indian Navy and private entities. For the navy, it manufactures sophisticated naval platforms, such as destroyers, frigates, corvettes, missile boats, offshore patrol vessels, and floating border outposts. For commercial clients, it builds a variety of merchant ships, including general cargo vessels, multipurpose support vessels, offshore supply vessels, tugs, dredgers, and various other specialized ships. Beyond traditional vessels, MDL also constructs offshore platforms and jack-up rigs, crucial for the oil and gas industry.

The Submarine segment focuses on the design, construction, and maintenance of submarines for the Indian Navy. This is a highly specialized and technically demanding area, underscoring MDL's advanced technological expertise and its importance to India's national security. The company also provides training ships and advanced patrol vessels for the coast guard.

In addition to its core shipbuilding and repair activities, MDL is venturing into the field of Artificial Intelligence (AI) with products such as remote operated vehicles (ROVs) and AI-enabled inspection techniques utilizing ultrasonic testing and computerized radiography. This diversification reflects MDL's commitment to innovation and its efforts to embrace cutting-edge technologies to enhance efficiency and improve its offerings.

In summary, Mazagon Dock Shipbuilders Limited is a multifaceted company with a strong focus on shipbuilding and submarine construction. Its diverse portfolio of products and services, combined with its foray into AI-driven technologies, positions it for continued growth and success in the dynamic maritime industry. Its long history and significant contributions to India's naval capabilities solidify its position as a key player in the Indian and potentially international shipbuilding market.

company facts
Employees
SectorCapital Goods
HeadquartersMumbai, India
Market Cap₹95,560.72 Cr.
Listed OnNSE
leadership22 on record
Captain . Jagmohan
Chairman & MD
Capt. (Retd.) Jagmohan ..
Executive Chairman of the Board, Managing Director
Comdr. (Retd.) Shailesh Jamgaonkar
Director - Submarine and Heavy Engineering, Executive Director
Comdr. (Retd.) Vasudev Puranik
Director - Corporate Planning and Personnel, Executive Director
Commander Vasudev Ranganath Puranik
Director-Corporate Planning & Personne and Director
Dr. Vivek Bhuskute
Part Time Non-Official Independent Director
Mr. Arun Kumar Chand
Executive Director of Human Resources
Mr. Biju George
Director - Shipbuilding, Executive Director
Mr. Biju George
Director of Shipbuilding & Director
Mr. Kedar Gupta
Part Time Non-Official Independent Director
Mr. Lalatendu Acharya
Company Secretary & Compliance Officer
Mr. Rajiv Ranjan Kumar
Executive Director of Production, MRLC, Commercial & Offshore-EY
§ ∞ · Plainly Answered

Questions investors ask about Mazagon Dock Shipbuilders Limited (MAZDOCK).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Mazagon Dock Shipbuilders Limited (MAZDOCK)?

The current share price of Mazagon Dock Shipbuilders Limited (MAZDOCK) is ₹2,369.4. Today, the stock has gained by ₹9.50 (0.40%), trading in a range of ₹2,358.3 to ₹2,403. The stock opened at ₹2,365.1 with a trading volume of 4,72,032 shares.

02Is Mazagon Dock Shipbuilders Limited stock a good investment for long-term?

Mazagon Dock Shipbuilders Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹95,560.72 crores, P/E ratio of 36.85, ROE of 29.20%, and ROCE of 36.00%. The dividend yield stands at 0.81%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Mazagon Dock Shipbuilders Limited stock?

The 52-week high price of Mazagon Dock Shipbuilders Limited (MAZDOCK) is ₹3,149.5, while the 52-week low is ₹2,057.4. Currently trading at ₹2,369.4, the stock is 28.6% away from its 52-week low and 24.8% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Mazagon Dock Shipbuilders Limited stock at the current price?

Whether to buy Mazagon Dock Shipbuilders Limited stock at ₹2,369.4 depends on multiple factors. The stock is currently trading with a P/E ratio of 36.85 and P/B ratio of 9.76. Today's performance shows a gain of 0.40%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Mazagon Dock Shipbuilders Limited and when is the next dividend?

Mazagon Dock Shipbuilders Limited offers a dividend yield of 0.81%, which means for every ₹100 invested at the current price of ₹2,369.4, you can expect to receive approximately ₹0.81 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Mazagon Dock Shipbuilders Limited?

Mazagon Dock Shipbuilders Limited's key financial metrics include: P/E Ratio: 36.85, P/B Ratio: 9.76, ROE: 29.20%, ROCE: 36.00%, Dividend Yield: 0.81%, EPS: ₹63.96, Book Value: ₹241.83, and Debt-to-Equity: 0.00. The company's market cap stands at ₹95,560.72 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Mazagon Dock Shipbuilders Limited stock performing today in the market?

Mazagon Dock Shipbuilders Limited stock opened at ₹2,365.1 and is currently trading at ₹2,369.4, showing a gain of ₹9.50 (0.40%). The intraday high is ₹2,403 and low is ₹2,358.3. The trading volume stands at 4,72,032 shares, indicating moderate market participation today.

08What is the P/E ratio of Mazagon Dock Shipbuilders Limited and what does it indicate?

Mazagon Dock Shipbuilders Limited has a Price-to-Earnings (P/E) ratio of 36.85, which means investors are willing to pay ₹36.85 for every ₹1 of earnings. With an EPS of ₹63.96, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Mazagon Dock Shipbuilders Limited (MAZDOCK) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.