Mazagon Dock Shipbuilders Ltd
Mazagon Dock Shipbuilders Q2 Results 2026 (FY27): Revenue ₹2,446 Cr, EBITDA margin 18.4%
Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.
Guidance rank: #42 of 56 in Industrial Manufacturing
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Mazagon Dock Shipbuilders Ltd Q2 FY27 key numbers
- Revenue
- Revenue from Operations for Q2 2026-27: ₹2,446 Cr (up from ₹2,929 Cr in Q2 2025-26 — a decrease year-on-year).
As stated in Mazagon Dock Shipbuilders Ltd's Q2 FY27 investor presentation · published 27 Oct 2026. Reported figures, not investment advice.
Based on Mazagon Dock Shipbuilders Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
Revenue from Operations for Q2 2026-27: ₹2,446 Cr (up from ₹2,929 Cr in Q2 2025-26 — a decrease year-on-year) - Total Income for Q2 2026-27: ₹2,697 Cr (down from ₹3,201 Cr in Q2 2025-26) - EBITDA for Quarterly EBITDA: - Q2 2026-27: ₹450 Cr - Q2 2025-26: ₹966 Cr - Year-on-year change: Decrease of ₹516 Cr (~53.5% decline) - Operating Margin (approximated as EBITDA / Revenue from Ope
From Mazagon Dock Shipbuilders Ltd's Q2 FY27 earnings-call transcript · updated 27 Oct 2026.
Revenue & Sales Performance
- Revenue from Operations for Q2 2026-27: ₹2,446 Cr (up from ₹2,929 Cr in Q2 2025-26 — a decrease year-on-year)
- Total Income for Q2 2026-27: ₹2,697 Cr (down from ₹3,201 Cr in Q2 2025-26)
- EBITDA for Q2 2026-27: ₹450 Cr (down from ₹966 Cr in Q2 2025-26)
- PBT for Q2 2026-27: ₹399 Cr (down from ₹934 Cr in Q2 2025-26)
- PAT for Q2 2026-27: ₹346 Cr (down from ₹749 Cr in Q2 2025-26)
2 more points from Mazagon Dock Shipbuilders Ltd's call on revenue
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Profitability & Margins
See what Mazagon Dock Shipbuilders Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- MDL signed an MoU with National Shipbuilding and Heavy Industries Park Andhra Pradesh to be the Anchor Shipyard for a greenfield shipbuilding cluster at Dugarajapatnam.
- Envisaged investment: ~₹15,000 crore
- Capacity: 1.2 million GT per annum
- Status: MoU signed in presence of Andhra Pradesh Chief Minister N. Chandrababu Naidu
- MDL signed an MoU with National Shipbuilding & Heavy Industries Park Maharashtra Limited to participate as Anchor Shipyard in Greenfield Shipbuilding Industrial Cluster at Dighi, Maharashtra.
- Status: MoU signed, presence of Maharashtra Chief Minister Devendra Fadnavis and Minister Shri Nitesh Rane
- MDL signed an MoU with Maharashtra Water Resources Regulatory Authority for collaboration.
- Status: Signed in presence of Maharashtra Chief Minister Devendra Fadnavis
- Capacity highlights:
2 more points from Mazagon Dock Shipbuilders Ltd's call on capex
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Top-ranked in Industrial Manufacturing
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Mazagon Dock Shipbuilders Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The order book as of 30th September 2026 is reported to be Rs. 16,443 Crore (Page 11).
- The healthy order book is highlighted as a strength on Page 6, indicating a robust pipeline of work.
Mazagon Dock Shipbuilders Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹2.4K Cr, net profit ₹346 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Mazagon Dock Shipbuilders Ltd's management said in earlier quarters
- Q1 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
Others in Industrial Manufacturing this season
- Honeywell Automation India Ltd (Q2 FY27)
Revenue from operations for the quarter ended September 30, 2026: ₹12,239 million (Page 4) . Key results statement takeaways from Honeywell Automation India Ltd
- Raymond Ltd (Q2 FY27)
Consolidated revenue for Q2 FY27: ₹683 Cr, a 21% YoY increase (Page 13, 15). Key investor presentation takeaways from Raymond Ltd's Q2 FY27 investor presentatio
- Macpower CNC Machines Ltd (Q2 FY27)
Year-on-year (YoY) growth for Q2 FY27 revenue: +40.4% . Key investor presentation takeaways from Macpower CNC Machines Ltd's Q2 FY27 investor presentation — and
- Shanthi Gears Ltd (Q2 FY27)
Revenue recorded in Q2 FY27: ₹127.98 Crores . Key results statement takeaways from Shanthi Gears Ltd's Q2 FY27 results statement — and how it ranks against sect
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Mazagon Dock Shipbuilders Ltd Q2 FY27 results?
Revenue from Operations for Q2 2026-27: ₹2,446 Cr (up from ₹2,929 Cr in Q2 2025-26 — a decrease year-on-year) - Total Income for Q2 2026-27: ₹2,697 Cr (down from ₹3,201 Cr in Q2 2025-26) - EBITDA for Quarterly EBITDA: - Q2 2026-27: ₹450 Cr - Q2 2025-26: ₹966 Cr - Year-on-year change: Decrease of ₹516 Cr (~53.5% decline) - Operating Margin (approximated as EBITDA / Revenue from Ope
What is Mazagon Dock Shipbuilders Ltd share price analysis?
Mazagon Dock Shipbuilders Ltd currently shows a neutral. The stock trades at a P/E of 26.5 with a market cap of ₹75,634 Cr. Investors should review the full earnings analysis for detailed insights.
Is Mazagon Dock Shipbuilders Ltd planning capital expenditure?
MDL signed an MoU with National Shipbuilding and Heavy Industries Park Andhra Pradesh to be the Anchor Shipyard for a greenfield shipbuilding cluster at Dugarajapatnam. - Envisaged investment: ~₹15,000 crore - Capacity: 1.2 million GT per annum - Status: MoU signed in presence of Andhra Pradesh Chief Minister N.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.