Mazagon Dock Shipbuilders Ltd
Mazagon Dock Shipbuilders Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Q4 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
Revenue growth expected at around 8% to 10% annually over the next few years (Page 6, Ruchir Agrawal). Revenue growth expected at 8% to 10% annually over the next few years (Page 6, 15).
From Mazagon Dock Shipbuilders Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Revenue growth expected at around 8% to 10% annually over the next few years (Page 6, Ruchir Agrawal).
- Large submarine contracts (P-75 additional and P-75(I)) and shipbuilding projects like 17 Bravo and MCMV expected to significantly increase order book and revenue (Pages 5, 7).
- Order book is anticipated to grow from current ~₹32,000 crore to over ₹1.25 lakh crore upon signing major upcoming contracts (Page 8).
- A large portion of the existing order book (~₹24,000 crore out of ₹32,000 crore) expected to be invoiced over next two years (Page 16).
2 more points management made on revenue & sales performance
Profitability & Margins
See what Mazagon Dock Shipbuilders Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Mazagon Dock Shipbuilders Limited is planning significant CAPEX to expand capacity.
- Two major CAPEX programs are at the consultancy DPR stage to increase shipbuilding capacity, potentially doubling it.
- There is a Rs. 4,000 crore CAPEX planned for land acquired at Nhava yard to undertake construction of small ships.
- The SSA (Submarine Section Assembly) facility has been set up to handle increased submarine construction, expanding capacity from 6 to 11 submarines.
- Capacity expansion aims to enable construction of 10 major warships and 11 submarines simultaneously.
2 more points management made on capital expenditure plans
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
- Current order book is approximately Rs. 32,000 crores, including major projects like 15 Bravo, 17 Alpha, and P-75 Kalvari class submarines.
- Potential to increase to Rs. 1.25 lakh crores by end of FY'26, contingent on signing contracts for 75 additional submarines and 75 India submarines.
- Large pending orders include:
- Rs. 3,700 crores for P-15 Bravo, expected to be booked mostly by FY'27-28.
- Rs. 13,493 crores pending for P-17A ships, with bulk revenue expected in FY'26 and FY'27.
- Rs. 3,500 crores for Coast Guard and Denmark orders, to be completed by FY'29-30.
2 more points management made on order book & pipeline
Mazagon Dock Shipbuilders Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹3.9K Cr, net profit ₹674 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Mazagon Dock'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 →
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- Walchan. Inds. (Q4 FY25)
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Frequently Asked Questions
What were Mazagon Dock Shipbuilders Ltd Q4 FY25 results?
Revenue growth expected at around 8% to 10% annually over the next few years (Page 6, Ruchir Agrawal). Revenue growth expected at 8% to 10% annually over the next few years (Page 6, 15).
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 36.4 with a market cap of ₹104,072 Cr. Investors should review the full earnings analysis for detailed insights.
Is Mazagon Dock Shipbuilders Ltd planning capital expenditure?
Mazagon Dock Shipbuilders Limited is planning significant CAPEX to expand capacity. - Two major CAPEX programs are at the consultancy DPR stage to increase shipbuilding capacity, potentially doubling it. - There is a Rs.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.