Mazagon Dock Shipbuilders Ltd

During the flagship India Maritime Week 2025 (IMW 2025) held in Mumbai, Mazagon Dock Shipbuilders (MDL) has signed an exclusive Teaming Agreement (TA) with Swan Defence and Heavy Industries (SDHI) for collaboration in the design and construction of Landing Platform Docks (LPDs) for the Indian Navy. The Defence Acquisition Council (DAC) last week accorded approval for the acquisition of LPDs - a critical capability addition for the Indian Navy to project power, undertake amphibious operations, and deliver humanitarian assistance and disaster relief (HADR) missions. Under this TA, MDL will bring its vast experience in ship design, project management, and system integration, while SDHI will provide its world-class shipbuilding infrastructure - the largest in the country - for the construction of the vessels. The partnership is designed to combine the technical, financial, and operational strengths of both shipyards to deliver an optimal solution for the Indian Navy. Powered by Capital Market - Live

Revenue from operations rose 6.25% YoY to Rs 2,929.24 crore in the quarter ended 30 September 2025. Total expenses shed 0.36% to Rs 2,265.93 crore in Q2 FY26 compared with Rs 2,274.18 crore in Q2 FY25. Cost of material consumed stood at Rs 1,200.72 crore (down 12.22% YoY) while employee benefit expenses stood at Rs 223.34 crore (down 3.45% YoY) during the period under review. Profit before tax (PBT) stood at Rs 933.94 crore in Q2 FY26, registering growth of 26.12% YoY. Meanwhile, the company's board has declared 1st interim dividend of Rs 6 per equity share for the financial year 2025-26. Further, the company has fixed Tuesday, 04 November 2025 as Record Date for the same. The payment of the interim dividend shall be completed on or before 26 November 2025. Mazagon Dock Shipbuilders is principally engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. Powered by Capital Market - Live

Mazagon Dock Shipbuilders announced that the Board of Directors of the Company at its meeting held on 27 October 2025, inter alia, have recommended the interim dividend of Rs 6 per equity Share (i.e. 120%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Mazagon Dock Shipbuilders rose 28.10% to Rs 749.48 crore in the quarter ended September 2025 as against Rs 585.08 crore during the previous quarter ended September 2024. Sales rose 6.25% to Rs 2929.24 crore in the quarter ended September 2025 as against Rs 2756.83 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2929.242756.83 6 OPM %23.7118.52 - PBDT957.47763.84 25 PBT933.94740.49 26 NP749.48585.08 28 Powered by Capital Market - Live

Mazagon Dock Shipbuilders will hold a meeting of the Board of Directors of the Company on 27 October 2025.Powered by Capital Market - Live

Guidance Tamil Nadu is the Tamil Nadu's nodal agency for investment promotion and facilitation. The aforementioned MoU has been signed under the the framework of the Government of India's Maritime Amrit Kaal Vision 2047. Maritime Amrit Kaal Vision 2047 is a 25-year strategic blueprint by the Indian Ministry of Ports, Shipping and Waterways. It aims to transform India into a global maritime power by 2047. The plan envisions an investment of about Rs 80 lakh crore over the next 25 years into ports, shipping, inland waterways, infrastructure, and maritime logistics. Mazagon Dock Shipbuilders is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products. In Q1 FY26, its consolidated net profit fell 35% to Rs 452.15 crore even as revenue from operations rose 11.4% year-on-year to Rs 2,625.59 crore. The scrip rose 0.49% to currently trade at Rs 2,953.90 on the NSE. Powered by Capital Market - Live

Mazagon Dock Shipbuilders announced that the Annual General Meeting(AGM) of the company will be held on 26 September 2025.Powered by Capital Market - Live

Mazagon Dock Shipbuilders has fixed 19 September 2025 as record date for the purpose of determining the eligible shareholders entitled to receive the Final Dividend for the Financial Year 2024-25.Powered by Capital Market - Live

Project-75 (India), simply referred to as the P-75(I) program, is aimed at procuring six next-generation diesel-electric attack submarines to replace the Navy's ageing Sindhughosh-class fleet. The final contract is expected to be awarded to the Mazagon Dock-Thyssenkrupp consortium about six months after the talks conclude. Both firms had inked an MoU in June 2023, with Thyssenkrupp handling engineering and design, and Mazagon Dock overseeing construction and delivery of six submarines for the Indian Navy. Following the report, the BSE has sought clarification from Mazagon Dock Shipbuilders on 25 August 2025. The company's response is still awaited. Mazagon Dock Shipbuilders is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products. In Q1 FY26, its consolidated net profit fell 35% to Rs 452.15 crore even as revenue from operations rose 11.4% year-on-year to Rs 2,625.59 crore. Powered by Capital Market - Live

Mazagon Dock Shipbuilders Ltd rose 3.38% today to trade at Rs 2792. The BSE Capital Goods index is up 0.67% to quote at 67602. The index is down 2.22 % over last one month. Among the other constituents of the index, SKF India Ltd increased 1.48% and Zen Technologies Ltd added 1.43% on the day. The BSE Capital Goods index went down 7.84 % over last one year compared to the 0.51% surge in benchmark SENSEX. Mazagon Dock Shipbuilders Ltd has lost 3.28% over last one month compared to 2.22% fall in BSE Capital Goods index and 0.05% rise in the SENSEX. On the BSE, 30881 shares were traded in the counter so far compared with average daily volumes of 1.34 lakh shares in the past one month. The stock hit a record high of Rs 3778 on 29 May 2025. The stock hit a 52-week low of Rs 1917.95 on 19 Feb 2025.Powered by Capital Market - Live