Financials of Mazagon Dock Shipbuilders Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Mazagon Dock Shipbuilders Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +2,0792,1731,8282,3623,1042,3572,7573,1443,1742,6262,9293,6013,850
Expenses +1,8682,0011,6511,8232,5801,7152,2462,3273,0552,3242,2352,7143,308
Operating Profit211172177539524642511817119302695887543
OPM %10%8%10%23%17%27%19%26%4%11%24%25%14%
Other Income +211233251269349271258291287324271262283
Interest211111558358610
Depreciation20202020232323402923242323
Profit before tax4003834077868498897401,0633705679341,120793
Tax %26%25%25%25%26%25%25%28%21%26%24%25%20%
Net Profit +326314333627663696585807325452749880674
EPS in Rs8.097.798.2515.5416.4317.2614.5020.018.0611.2118.5821.8116.84

Financials of Mazagon Dock Shipbuilders Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +3,6054,0943,5054,4574,6144,9054,0485,7337,8279,46711,43213,006
Expenses +3,3833,8743,3754,3004,3534,6423,8225,2927,0278,0519,36610,741
Operating Profit2222211291572612632264418011,4162,0662,266
OPM %6%5%4%4%6%5%6%8%10%15%18%17%
Other Income +5637617665656175464483966871,1011,1211,139
Interest816172036131114991072
Depreciation3144395264696075768311597
Profit before tax7469228396507787276047491,4032,4253,0623,237
Tax %34%39%37%39%40%48%25%25%25%25%26%25%
Net Profit +5165965854965324715146111,1191,9372,4142,578
EPS in Rs129.59149.63117.4911.0711.8811.6612.7415.1427.7448.0259.8364.04
Dividend Payout %19%17%34%49%19%46%28%29%29%29%29%28%

Financials of Mazagon Dock Shipbuilders Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital199199249224224202202202202202202202
Reserves2,5542,4422,7302,6102,9932,8583,2303,6564,5586,0427,7389,553
Borrowings +830000030126120447
Other Liabilities +28,39716,38616,36616,54017,63317,88321,67925,90424,70923,21920,84417,255
Total Liabilities31,23319,02819,34519,37420,85020,94325,14029,77329,47629,46328,80427,458
Fixed Assets +2663685467058108368079651,0248381,4662,069
CWIP401709885898080876272133245
Investments299324376429431484519542589679765915
Other Assets +30,62918,16618,32418,15419,52019,54223,73528,17927,80127,87526,44024,229
Total Assets31,23319,02819,34519,37420,85020,94325,14029,77329,47629,46328,80427,458

Financials of Mazagon Dock Shipbuilders Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +746-1,00349165-9668-1631,5166842,078-2,891
Cash from Investing Activity +560493348417454348326-1501,420-1,2991,209
Cash from Financing Activity +-119-245-608-126-605-160-183-218-448-712-738
Net Cash Flow1,188-755231356-246257-191,1481,65567-2,419
Free Cash Flow615-1,149311-110-19626-2031,4013471,599-3,365
CFO/OP479%-507%507%146%43%99%32%228%96%146%-84%

Financials of Mazagon Dock Shipbuilders Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days76827891117107876447713473
Inventory Days3,2396227825595336881,1421,044605411373130
Days Payable1241601743534107041,234836366321301224
Cash Conversion Cycle3,19154468529724091-4272285162106-21
Working Capital Days-576-575-608-431-444-311-607-645-528-426-356-188
ROCE %34%30%23%27%24%23%21%33%44%43%36%