Mazagon Dock Shipbuilders shares fall 2% in Friday's trading session
Shares of Mazagon Dock Shipbuilders declined by 2% to trade at Rs 2,987 in Friday's session. The stock is part of the NIFTY MIDCAP 150 index.
In corporate announcements, the Board of Directors approved the proposal for the acquisition of a controlling and substantial stake of Colombo Dockyard PLC through an investment not exceeding USD 52.96 million on June 27, 2025. Additionally, the trading window for dealing in securities of MDL by designated persons and their immediate relatives remains closed from July 1, 2025, until 48 hours after the declaration of financial results for the quarter ending June 30, 2025.
Mazagon Dock Shipbuilders announced an interim dividend of Rs 3 per share (60%) on April 8, 2025, with an effective date of April 16, 2025. Prior dividends include Rs 23.19 per share (231.9%)interim dividend on October 17, 2024, and Rs 12.11 per share (121.1%) final dividend on May 29, 2024.
The company had announced a stock split on October 22, 2024, with the old face value of Rs 10 being split into a new face value of Rs 5. The ex-split and record date for the same was December 27, 2024.
Financial Performance:
The following table summarizes the key consolidated financial figures:
HeadingMar 2021Mar 2022Mar 2023Mar 2024
Mar 2025
RevenueRs 4,047.82 CroreRs 5,733.28 CroreRs 7,827.18 CroreRs 9,466.58 Crore
Rs 11,431.88 CroreNet ProfitRs 453.47 CroreRs 563.11 CroreRs 1,046.07 CroreRs 1,808.88 Crore
Rs 2,277.34 CroreEPSRs 25.48Rs 30.29Rs 55.48Rs 96.04
Rs 59.83BVPSRs 170.15Rs 191.27Rs 236.02Rs 309.56
Rs 196.83ROE14.9715.8323.5031.02
30.39Debt to Equity0.000.000.000.00
0.00
The company's revenue has shown consistent growth over the years, with revenue increasing from Rs 4,047.82 Crore in 2021 to Rs 11,431.88 Crore in 2025. Net profit has also increased significantly from Rs 453.47 Crore in 2021 to Rs 2,277.34 Crore in 2025.
Standalone Income Statement (Annual):
Mar 2021Mar 2022Mar 2023Mar 2024
Mar 2025
SalesRs 4,047 CroreRs 5,733 CroreRs 7,827 CroreRs 9,466 Crore
Rs 11,431 CroreOther IncomeRs 600 CroreRs 433 CroreRs 713 CroreRs 1,138 Crore
Rs 1,168 CroreTotal IncomeRs 4,648 CroreRs 6,166 CroreRs 8,540 CroreRs 10,604 Crore
Rs 12,600 CroreTotal ExpenditureRs 4,009 CroreRs 5,387 CroreRs 7,104 CroreRs 8,138 Crore
Rs 9,487 CroreEBITRs 638 CroreRs 779 CroreRs 1,435 CroreRs 2,466 Crore
Rs 3,113 CroreInterestRs 8 CroreRs 7 CroreRs 6 CroreRs 5 Crore
Rs 4 CroreTaxRs 150 CroreRs 186 CroreRs 356 CroreRs 615 Crore
Rs 784 CroreNet ProfitRs 479 CroreRs 586 CroreRs 1,072 CroreRs 1,845 Crore
Rs 2,324 Crore
The standalone income statement shows consistent growth in sales and net profit over the years. Sales increased from Rs 4,047 Crore in March 2021 to Rs 11,431 Crore in March 2025. Net profit also rose from Rs 479 Crore in March 2021 to Rs 2,324 Crore in March 2025.
Quarterly Financials:
The following table shows the consolidated quarterly financials:
HeadingMar 2024Jun 2024Sep 2024Dec 2024
Mar 2025
RevenueRs 3,103.65 CroreRs 2,357.02 CroreRs 2,756.83 CroreRs 3,143.62 Crore
Rs 3,174.41 CroreNet ProfitRs 626.85 CroreRs 665.94 CroreRs 552.76 CroreRs 768.22 Crore
Rs 290.42 CroreEPS32.8734.5129.0120.01
8.06
The revenue for the quarter ending March 2025 stood at Rs 3,174.41 Crore, showing an increase compared to the quarter ending March 2024, when the revenue was Rs 3,103.65 Crore. However, the net profit for the quarter ending March 2025 was Rs 290.42 Crore, which is lower than the Rs 626.85 Crore reported for the quarter ending March 2024.
Standalone Income Statement (Quarterly):
Mar 2024Jun 2024Sep 2024Dec 2024
Mar 2025
SalesRs 3,103 CroreRs 2,357 CroreRs 2,756 CroreRs 3,143 Crore
Rs 3,174 CroreOther IncomeRs 376 CroreRs 271 CroreRs 265 CroreRs 286 Crore
Rs 346 CroreTotal IncomeRs 3,479 CroreRs 2,628 CroreRs 3,022 CroreRs 3,430 Crore
Rs 3,520 CroreTotal ExpenditureRs 2,602 CroreRs 1,738 CroreRs 2,269 CroreRs 2,366 Crore
Rs 3,113 CroreEBITRs 877 CroreRs 889 CroreRs 752 CroreRs 1,063 Crore
Rs 407 CroreInterestRs 1 CroreRs 1 CroreRs 1 CroreRs 1 Crore
Rs 1 CroreTaxRs 221 CroreRs 222 CroreRs 187 CroreRs 294 Crore
Rs 79 CroreNet ProfitRs 654 CroreRs 665 CroreRs 563 CroreRs 768 Crore
Rs 326 Crore
The standalone quarterly income statement shows that sales for the quarter ending March 2025 were Rs 3,174 Crore, compared to Rs 3,103 Crore for the quarter ending March 2024. Net profit for the quarter ending March 2025 was Rs 326 Crore, compared to Rs 654 Crore for the quarter ending March 2024.
Moneycontrol's analysis as of July 11, 2025, indicates a very bearish sentiment for the stock.With the stock currently trading at Rs 2,987, Mazagon Dock Shipbuilders has experienced a notable decline in today's session.