Mazagon Dock Shipbuilders Limited
MAZDOCK · Defence · NSE
₹2,440
Current Market Price
Fair Value (DCF)
₹1,086
Discount to FV
-55.5%
Updated 32m ago
YieldIQ Score
37/100
Piotroski F-Score
5/9
Economic Moat
Moderate
Confidence
57%
ROE
26.5%
Debt/Equity
0.05
WACC
10.1%
Market Cap
₹98,441 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
33.4%
Return on capital employed
EV / EBITDA
28.3×
Enterprise multiple
Debt / EBITDA
0.0×
Leverage vs earnings
Interest Coverage
319.9×
EBIT covers interest
Current Ratio
1.25×
Short-term liquidity
Asset Turnover
0.45×
Revenue per ₹ of assets
Revenue CAGR (3Y)
10.7%
3-year revenue growth
Revenue CAGR (5Y)
16.6%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹2,440.4
Bear case
Margin of Safety —
Implied upside -263.3%
Base case
Margin of Safety —
Implied upside -124.7%
Bull case
Margin of Safety -342.5%
Implied upside -77.4%
Ratio Trends
MAZDOCK · last 6 annual periods
ROE
26.5%
ROCE
33.4%
Operating Margin
—
Debt / Equity
0.05×
PE
12.0×
EV / EBITDA
7.7×
Historical Financials
MAZDOCK · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹5718 Cr | ₹7584 Cr | ₹9068 Cr | ₹11.4K Cr | ₹13.0K Cr | +22.8% |
| EBITDA | ₹837 Cr | ₹1487 Cr | ₹2517 Cr | ₹3201 Cr | ₹3405 Cr | +42.0% |
| EBIT | ₹756 Cr | ₹1409 Cr | ₹2430 Cr | — | — | +33.9% |
| PAT | ₹611 Cr | ₹1119 Cr | ₹1937 Cr | ₹2414 Cr | ₹2583 Cr | +43.4% |
| EPS (diluted) | ₹30.29 | ₹55.48 | ₹96.04 | — | — | +33.4% |
| CFO | ₹-163 Cr | ₹1516 Cr | ₹684 Cr | ₹2102 Cr | ₹-2891 Cr | — |
| CapEx | ₹-38.8 Cr | ₹-136 Cr | ₹-10.0 Cr | ₹-805 Cr | ₹-176 Cr | — |
| FCF | ₹-201 Cr | ₹1380 Cr | ₹674 Cr | ₹1297 Cr | ₹-3067 Cr | — |
| Total Assets | ₹29.8K Cr | ₹29.5K Cr | ₹29.4K Cr | ₹28.7K Cr | ₹27.5K Cr | -2.0% |
| Total Debt | ₹11.6 Cr | ₹6.0 Cr | ₹16.6 Cr | ₹20.3 Cr | ₹447 Cr | +149.0% |
| Shareholders' Equity | ₹3858 Cr | ₹4760 Cr | ₹6243 Cr | ₹7940 Cr | ₹9755 Cr | +26.1% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
MAZDOCK vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 BDL Bharat Dynamics Limited | -363.0%-78.4% upside | 40 | Data Limited | 9.9% | 95.6× |
 COCHINSHIP Cochin Shipyard Limited | -73.9%-42.5% upside | 45 | Above Fair Value | 12.2% | 43.8× |
 HAL Hindustan Aeronautics Limited | +19.7%+24.5% upside | 65 | Below Fair Value | 22.2% | 25.6× |
 BEL Bharat Electronics Limited | -47.5%-32.2% upside | 50 | Above Fair Value | 25.3% | 48.3× |
 GRSE Garden Reach Shipbuilders & Engineers Limited | -59.2%-37.2% upside | 50 | Above Fair Value | 25.4% | — |
Click a ticker to view its fair-value analysis.
Dividend History
13 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹57.79/sh
Last payout
2026-02-13
₹7.50
Peak payout
₹11.60
Trailing yield
0.66%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Mazagon Dock Shipbuilders Limited (MAZDOCK.NS) trades at 2440.40 vs a model fair value of 1086.06, a gap of -55.5%. Piotroski F-score: 5/...
Read full AI analysis →Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of MAZDOCK →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for MAZDOCK →
Compare
Head-to-head with peers
Compare MAZDOCK side by side →
Run Full Interactive Analysis
Interactive DCF sliders, sensitivity heatmap, peer comparison, and more.
Analyse MAZDOCKNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.