MAZDOCK quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Mazagon Dock Shipbuilders Ltd reported sales of ₹2,446 Cr, operating profit of ₹199 Cr (OPM 8%) and net profit of ₹346 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
MAZDOCK quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
3,144
3,174
2,626
2,929
3,601
3,850
2,943
2,446
Expenses
2,327
3,055
2,324
2,235
2,714
3,308
2,496
2,247
Operating Profit
817
119
302
695
887
543
447
199
OPM
26%
3.8%
11%
24%
25%
14%
15%
8%
Other Income
291
287
324
271
262
283
293
251
Interest
5
8
35
9
6
10
24
21
Depreciation
40
29
23
24
23
23
29
30
Profit before tax
1,063
370
567
934
1,120
793
686
399
Tax
28%
21%
26%
24%
25%
20%
25%
25%
Net Profit
807
325
452
749
880
674
550
346
EPS in Rs
20.01
8.06
11.21
18.58
21.81
16.84
13.62
8.53
MAZDOCK profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
5,733
7,827
9,467
11,432
13,006
12,840
Expenses
5,292
7,027
8,051
9,339
10,738
10,765
Operating Profit
441
801
1,416
2,093
2,268
2,076
OPM
8%
10%
15%
18%
17%
16%
Other Income
396
687
1,101
1,112
1,139
1,089
Interest
14
9
9
28
74
61
Depreciation
75
76
83
115
97
105
Profit before tax
749
1,403
2,425
3,062
3,237
2,999
Tax
25%
25%
25%
26%
25%
-
Net Profit
611
1,119
1,937
2,414
2,578
2,451
EPS in Rs
15.14
27.74
48.02
59.83
64.04
60.8
Dividend Payout
29%
29%
29%
29%
28%
-
MAZDOCK balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
202
202
202
202
202
Reserves
6,042
7,738
8,709
9,553
10,257
Borrowings
1
20
2
447
811
Other Liabilities
23,219
20,844
17,040
17,272
13,872
Total Liabilities
29,463
28,804
25,952
27,474
25,142
Fixed Assets
838
1,466
1,444
2,062
2,004
CWIP
72
133
210
252
323
Investments
679
765
833
915
957
Other Assets
27,875
26,440
23,466
24,245
21,858
Total Assets
29,463
28,804
25,952
27,474
25,142
MAZDOCK cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
-163
1,516
684
2,102
-2,654
Cash from Investing Activity
326
-150
1,420
-1,299
1,166
Cash from Financing Activity
-183
-218
-448
-736
-931
Net Cash Flow
-19
1,148
1,655
67
-2,419
Free Cash Flow
-203
1,401
347
1,298
-2,828
CFO/OP
32%
228%
96%
145%
-74%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit