Mazagon Dock Shipbuilders Ltd fundamental analysis highlights key financial metrics: Market Cap of ₹95,293.48 crore, PE Ratio of 49.20, Debt to Equity of 0.13 and Return on Equity of 25.97%. These indicators reflect the company’s financial health and market valuation.
Content:
- Mazagon Dock Shipbuilders Ltd Overview
- Mazagon Dock Shipbuilders Ltd Financial Results
- Mazagon Dock Shipbuilders Ltd Financial Analysis
- Mazagon Dock Company Metrics
- Mazagon Dock Shipbuilders Ltd Stock Performance
- Mazagon Dock Shipbuilders Peer Comparison
- Mazagon Dock Shipbuilders Shareholding Pattern
- Mazagon Dock Shipbuilders Ltd History
- How To Invest In Mazagon Dock Shipbuilders Share?
- Mazagon Dock Shipbuilders Fundamental Analysis – FAQs
Mazagon Dock Shipbuilders Ltd Overview
Mazagon Dock Shipbuilders Ltd is an Indian shipbuilding company engaged in constructing and repairing ships, submarines and related engineering products. It operates in the defence and commercial shipbuilding sector, focusing on warships, submarines and various types of vessels.
The company is listed on both the NSE and BSE. With a market capitalization of ₹95,293.48 crore, it’s currently 24.03% away from its 52-week high and 171.23% away from its 52-week low.
Mazagon Dock Shipbuilders Ltd Financial Results
Mazagon Dock Shipbuilders Ltd posted a strong performance in FY 24 with significant growth in revenue and profit. The company has maintained stable equity and reserves, along with consistent improvements in profitability. Here’s a breakdown of key financial metrics from FY 24 compared to FY 23:
1. Revenue Trend: Sales increased from ₹7,827 crores in FY 23 to ₹9,467 crores in FY 24, showcasing a positive growth trajectory.
2. Equity and Liabilities: Equity capital remains unchanged at ₹202 crores. Reserves increased from ₹4,559 crores to ₹6,042 crores and total liabilities remained steady at ₹29,449 crores in FY 24.
3. Profitability: Operating profit rose significantly from ₹798 crores in FY 23 to ₹1,412 crores in FY 24. Operating profit margin improved from 9.37% to 13.36%.
4. Earnings per Share (EPS): EPS increased from ₹55 in FY 23 to ₹96 in FY 24, indicating strong profitability growth.
5. Return on Net Worth (RoNW): The company’s RoNW improved due to the increase in reserves and net profit, contributing to its financial strength.
6. Financial Position: Total assets remained stable at ₹29,449 crores, with non-current assets increasing to ₹3,661 crores and current assets slightly decreasing to ₹25,788 crores.
Mazagon Dock Shipbuilders Ltd Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 9,467 | 7,827 | 5,733 |
| Expenses | 8,055 | 7,029 | 5,299 |
| Operating Profit | 1,412 | 798 | 435 |
| OPM % | 13.36 | 9.37 | 7.08 |
| Other Income | 1,101 | 687 | 396 |
| EBITDA | 2,513 | 1,485 | 845 |
| Interest | 5 | 6 | 7 |
| Depreciation | 83 | 76 | 75 |
| Profit Before Tax | 2,425 | 1,403 | 749 |
| Tax % | 25 | 25 | 25 |
| Net Profit | 1,937 | 1,119 | 611 |
| EPS | 96.04 | 55.48 | 30.29 |
| Dividend Payout % | 28.58 | 28.77 | 28.82 |
* Consolidated Figures in Rs. Crores
Mazagon Dock Company Metrics
Mazagon Dock Shipbuilders Ltd company metrics include a market capitalization of ₹95,293.48 crore, a book value per share of ₹310 and a face value of ₹10. With a debt-to-equity ratio of 0.13, a return on equity of 25.97% and a 0.32% dividend yield, these figures underscore the company’s financial position and investment profile.
Market Capitalization: Market Capitalization represents the total market value of Mazagon Dock Shipbuilders’ outstanding shares, amounting to ₹95,293.48 crore.
Book Value: The book value per share of Mazagon Dock Shipbuilders is ₹310, indicating the value of the company’s net assets divided by its outstanding shares.
Face Value: The face value of Mazagon Dock Shipbuilders’ shares is ₹10, which is the original cost of the shares as stated on the certificate.
Asset Turnover Ratio: The asset turnover ratio of 0.36 measures how efficiently Mazagon Dock Shipbuilders uses its assets to generate revenue.
Total Debt: The total debt of ₹6.04 crore represents the sum of all short-term and long-term debt obligations of Mazagon Dock Shipbuilders.
Return on Equity (ROE): The ROE of 25.97% measures Mazagon Dock Shipbuilders’ profitability in generating income from its equity investments.
EBITDA (Q): The quarterly EBITDA of ₹913.26 crore represents Mazagon Dock Shipbuilders’ earnings before interest, taxes, depreciation and amortization.
Dividend Yield: The dividend yield of 0.32% shows the annual dividend payment as a percentage of Mazagon Dock Shipbuilders’ current share price, indicating the return on investment from dividends alone.
Mazagon Dock Shipbuilders Ltd Stock Performance
Mazagon Dock Shipbuilders Ltd has demonstrated impressive returns on investment, with a 90.0% ROI over 1 year and 153% over 3 years, indicating strong financial growth and potential for investors. Here’s an example of how your investment could grow:
| Period | Return on Investment (%) |
| 1 Year | 90.0 |
| 3 Years | 153 |
If you had invested ₹1,000:
1st year: Your investment would grow to ₹1,900.
3rd year: It would increase to ₹2,530.
Mazagon Dock Shipbuilders Peer Comparison
Mazagon Dock Shipbuilders, with a market cap of ₹88,221 crores and a P/E of 38.05, has delivered an impressive 1-year return of 98.79%. In comparison, Knowledge Marine shows a P/E of 50.72 and a 19.24% return, while VMS Industries boasts a 109.93% return at a lower P/E of 19.78.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| Mazagon Dock | 4374.1 | 88221.22 | 38.05 | 35.19 | 114.97 | 98.79 | 44.19 | 0.63 |
| Knowledge Marine | 1823.95 | 1970.05 | 50.72 | 25.8 | 36.03 | 19.24 | 23.99 | 0 |
| VMS Industries | 54.73 | 133.94 | 19.78 | 10.39 | 2.76 | 109.93 | 11.66 | 0.91 |
| Hariyana Ship | 134.4 | 82.92 | 11.97 | 2.22 | 11.24 | 62.59 | 3.92 | 0 |
| Laxmipati Engg | 85.49 | 49.16 | 63.84 | 45.7 | 1.36 | 49.98 | 11.88 | 0 |
| Garware Marine | 52.6 | 30.33 | 252.75 | -0.74 | 0.21 | 525.45 | -0.74 | 0 |
| Induction Steel | 66.07 | 26.56 | 0.37 | -0.15 | 86.11 | 7.27 | 0 |
Mazagon Dock Shipbuilders Shareholding Pattern
Mazagon Dock Shipbuilders Ltd has shown stable shareholding patterns over recent quarters. As of June 2024, promoters hold 84.83%, maintaining consistency from previous quarters. FIIs decreased slightly to 2.44%, DIIs increased to 0.83% and retail investors and others hold 11.89%, a slight decline from March 2024.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 84.83 | 84.83 | 84.83 |
| FII | 2.44 | 2.38 | 3.32 |
| DII | 0.83 | 0.66 | 0.43 |
| Retail & others | 11.89 | 12.12 | 11.42 |
Mazagon Dock Shipbuilders Ltd History
Mazagon Dock Shipbuilders Limited is a prominent Indian shipbuilding company specializing in the construction and repair of ships, submarines and various types of vessels. The company’s primary focus is on building warships and submarines for the defence sector, alongside producing other defence-related equipment.
In addition to its defence-oriented projects, Mazagon Dock has diversified into commercial shipbuilding. The company constructs a wide range of vessels including cargo ships, passenger ships, supply vessels and multipurpose support vessels. This diversification allows the company to cater to both military and civilian maritime needs.
Mazagon Dock has established a strong reputation in the shipbuilding industry, having developed expertise in constructing complex vessels. The company’s portfolio includes a variety of ships for both defence and commercial sectors, ranging from sophisticated warships to practical utility vessels like tugs, dredgers and water tankers.
How To Invest In Mazagon Dock Shipbuilders Share?
To invest in Mazagon Dock Shipbuilders shares, open a demat account with Alice Blue. Research the company’s fundamentals, financial performance and position in the shipbuilding and defence sectors. Analyze historical stock data and compare it with industry peers.
Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as defence spending, government policies and the company’s order book. Decide on the investment amount and timing.
Place your order through the broker’s platform. Regularly monitor your investment, staying updated on company news, quarterly results and shipbuilding industry trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.
Mazagon Dock Shipbuilders Fundamental Analysis – FAQs
Mazagon Dock Shipbuilders Ltd fundamental analysis reveals a Market Cap of ₹95,293.48 crore, PE Ratio of 49.20, Debt to Equity of 0.13, and Return on Equity of 25.97%. These metrics provide insights into the company’s financial health, profitability and market valuation.
Mazagon Dock Shipbuilders’ market capitalization is ₹95,293.48 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.
Mazagon Dock is an Indian shipbuilding company specializing in constructing and repairing ships, submarines and related engineering products. It primarily serves the defence sector by building warships and submarines, while also catering to commercial shipbuilding needs.
Mazagon Dock Shipbuilders Ltd is a public sector undertaking under the Ministry of Defence, Government of India. While the government holds a majority stake, it is also a publicly listed company with ownership distributed among various institutional and individual shareholders.
The main shareholders of Mazagon Dock Shipbuilders Ltd include the Government of India as the promoter, along with institutional investors and public shareholders. For the most current and accurate information on major shareholders, refer to the company’s latest shareholding pattern disclosure.
Mazagon Dock Shipbuilders operates in the shipbuilding and defence industry. The company specializes in constructing warships, submarines and commercial vessels, serving both military and civilian maritime needs. It plays a crucial role in India’s naval defence capabilities.
To invest in Mazagon Dock shares, open a demat account with Alice Blue. Research the company’s performance and shipbuilding industry trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.
Determining if Mazagon Dock Shipbuilders is overvalued or undervalued requires analyzing its financials, growth prospects, industry position and peer comparison. Consider factors like the PE ratio, future earnings potential, and defence sector trends. Consult recent analyst reports for expert opinions on the company’s valuation.
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Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
