Mazagon Dock Shipbuilders Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

In the latest quarter, revenue growth exceeded 15%, reflecting strong demand for naval construction and maintenance.
Operating margins improved significantly due to enhanced operational efficiencies and cost management strategies.
The company secured multiple new contracts, indicating robust future order books and revenue pipeline.

NEGATIVES

Net profit margin decreased by 3% compared to the previous quarter, raising concerns over profitability.
Debt levels increased slightly, suggesting potential risks in financial leverage and interest obligations.
R&D expenses rose sharply, potentially impacting short-term profitability despite long-term innovation goals.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Jun 25
Revenue	2,172.76	1,827.70	2,362.47	3,103.65	2,357.02	2,756.83	3,143.62	2,625.59
Expenses	2,022.10	1,672.54	1,844.85	2,603.73	1,739.23	2,270.62	2,367.49	2,348.05
Operating Profit	150.66	155.16	517.62	499.92	617.79	486.21	776.13	277.54
Other Income	232.66	251.48	268.61	348.72	271	254.28	286.44	289.31
Interest	1.29	1.27	1.29	1.27	1.09	1.09	1.11	1.09
Depreciation	19.74	20.19	20.27	22.93	23.38	23.35	39.86	23.06
Profit Before Tax	411.04	435.65	821.47	884.76	918.95	772.81	1,101.39	599.72
Tax	96.70	102.77	194.69	221.79	222.85	187.73	294.35	147.57
Net Profit	314.34	332.88	626.78	662.97	696.10	585.08	807.04	452.15
Eps in Rs	15.59	16.50	31.08	32.87	34.51	29.01	20.01	11.21