Mazagon Dock Shipbuilders Ltd

Mazagon Dock Shipbuilders Ltd share price declined 6.60% to Rs 1755.05 after the company's net profit witnessed a sharp fall of 41.82% to Rs 297.91 crore, while revenue from operations reduced 16.88% to Rs 2446.09 crore in Q3FY26 over Q2FY26. The market capitalization of Ship Building & Allied Services industry group stocks on BSE stood at Rs 1.44 lakh crore, tanking 19.03%. It has softened by 9.79% over last one week and collapsed sharply by 20.16% in last one month while the market capitalization of Mazagon Dock Shipbuilders Ltd has declined by 12.13% and 24.34% in the same period respectively. Profit before tax (PBT) of Mazagon Dock Shipbuilders Ltd stood at Rs 399.45 crore in Q3 FY26, plunging by 57.23% year-on-year, and tumbling by 41.81% quarter-on-quarter. EBITDA came in at Rs 52 crore, nosediving by 112.24% YoY and crashing by 133.72% sequentially. Total expenses slightly declined by 9.83% to Rs 2276.76 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 649.18 crore, registering a fall of 31.60% YoY, while employee benefits expense was at Rs 251.9 crore, tanking by 12.87% YoY. For the TTM ended FY26, revenue from operations improved 13.77% to Rs 13006.31 crore, while net profit grew slightly 6.35% to Rs 2421.88 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 95826% to Rs 1121.15 crore, and PBT inched up 5.72% to Rs 3236.79 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2890.72 crore in FY26, as against Rs 2078.05 crore in FY25. Mazagon Dock Shipbuilders Ltd crashed 37.55% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.19% during the same period.

The company is announcing changes to how taxes will be withheld on dividends, outlining different rates and required documentation for resident and non-resident shareholders. For resident shareholders, the tax rate depends on factors like income levels and specific forms submitted (Form 121, certificates for lower/nil deduction). Non-resident shareholders may benefit from double taxation avoidance agreements but must provide documentation like a tax residency certificate and declaration forms. The company emphasizes that shareholders are responsible for any tax implications arising from inaccurate information and advises consulting a tax advisor for personalized guidance.

Mazagon Dock Shipbuilders Ltd share price ticked higher by 0.91% to Rs 1879.0. The Company's net profit plunged by 41.82% to Rs 297.91 crore, while revenue from operations declined 16.88% to Rs 2446.09 crore in Q3FY26 over Q2FY26. The market capitalization of Ship Building & Allied Services industry group stocks on BSE stood at Rs 1.43 lakh crore, tumbling by 19.03%. It has slipped by 8.60% over last one week and crashed 16.21% in last one month while the market capitalization of Mazagon Dock Shipbuilders Ltd has eased by 8.52% and 18.59% in the same period respectively. Profit before tax (PBT) of Mazagon Dock Shipbuilders Ltd stood at Rs 399.45 crore in Q3 FY26, nosediving by 57.23% year-on-year, and plunging by 41.81% quarter-on-quarter. EBITDA came in at Rs 52 crore, crashing by 112.24% YoY and tanking 133.72% sequentially. Total expenses slightly declined by 9.83% to Rs 2276.76 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 649.18 crore, registering a fall of 31.60% YoY, while employee benefits expense was at Rs 251.9 crore, collapsing by 12.87% YoY. For the TTM ended FY26, revenue from operations advanced 13.77% to Rs 13006.31 crore, while net profit grew slightly 6.35% to Rs 2421.88 crore, compared to previous TTM. EBITDA jumped by 95826% to Rs 1121.15 crore, and PBT inched up 5.72% to Rs 3236.79 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2890.72 crore in FY26, as against Rs 2078.05 crore in FY25. Mazagon Dock Shipbuilders Ltd tumbled by 33.14% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.18% during the same period.

Kirloskar Pneumatic Company Ltd, Aegis Logistics Ltd, Premier Explosives Ltd and Dalmia Bharat Ltd are among the other losers in the BSE's 'A' group today, 27 October 2026.Mazagon Dock Shipbuilders Ltd lost 10.00% to Rs 1691.1 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.39 lakh shares were traded on the counter so far as against the average daily volumes of 67954 shares in the past one month.Kirloskar Pneumatic Company Ltd crashed 8.80% to Rs 542. The stock was the second biggest loser in 'A' group.On the BSE, 2.13 lakh shares were traded on the counter so far as against the average daily volumes of 34952 shares in the past one month.Aegis Logistics Ltd tumbled 7.05% to Rs 1200. The stock was the third biggest loser in 'A' group.On the BSE, 2.12 lakh shares were traded on the counter so far as against the average daily volumes of 67231 shares in the past one month.Premier Explosives Ltd pared 6.80% to Rs 588.2. The stock was the fourth biggest loser in 'A' group.On the BSE, 22632 shares were traded on the counter so far as against the average daily volumes of 19495 shares in the past one month.Dalmia Bharat Ltd corrected 6.74% to Rs 1519. The stock was the fifth biggest loser in 'A' group.On the BSE, 20383 shares were traded on the counter so far as against the average daily volumes of 2872 shares in the past one month.

Mazagon Dock Shipbuilders Ltd. announced it has received a purchase order from Maharashtra State Electricity Transmission Co. Ltd. (MSETCL) for an Al-based Comprehensive Infrasecure Project involving the supply, installation, and commissioning of infrastructure security systems for five substations. The order, valued at Rs 117,99,71,564.90 including GST at 18%, has a completion period of 24 months. The company confirmed the order is from a domestic entity and does not involve related party transactions.

Net profit of Mazagon Dock Shipbuilders rose 21.51% to Rs 549.41 crore in the quarter ended June 2026 as against Rs 452.15 crore during the previous quarter ended June 2025. Sales rose 12.08% to Rs 2942.70 crore in the quarter ended June 2026 as against Rs 2625.59 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2942.702625.59 12 OPM %15.1811.49 - PBDT715.42589.91 21 PBT686.45566.85 21 NP549.41452.15 22 Powered by Capital Market - Live

Mazagon Dock Shipbuilders will hold a meeting of the Board of Directors of the Company on 30 July 2026.

Mazagon Dock Shipbuilders announced that the Board of Directors of the Company at its meeting held on 30 April 2026, inter alia, have recommended the final dividend of Rs 4.62 per equity Share (i.e. 92.4%) , subject to the approval of the shareholders.

Net profit of Mazagon Dock Shipbuilders rose 108.79% to Rs 679.18 crore in the quarter ended March 2026 as against Rs 325.29 crore during the previous quarter ended March 2025. Sales rose 21.29% to Rs 3850.39 crore in the quarter ended March 2026 as against Rs 3174.41 crore during the previous quarter ended March 2025. For the full year,net profit rose 7.04% to Rs 2583.38 crore in the year ended March 2026 as against Rs 2413.51 crore during the previous year ended March 2025. Sales rose 13.77% to Rs 13006.31 crore in the year ended March 2026 as against Rs 11431.88 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales3850.393174.41 21 13006.3111431.88 14 OPM %14.103.76 -17.4218.28 - PBDT816.26398.41 105 3333.463176.85 5 PBT793.38369.81 115 3236.793061.66 6 NP679.18325.29 109 2583.382413.51 7 Powered by Capital Market - Live

Mazagon Dock Shipbuilders will hold a meeting of the Board of Directors of the Company on 30 April 2026.