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Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders (MAZDOCK) investor relations material
Mazagon Dock Shipbuilders Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary13 Feb, 2026
Executive summary
Celebrated 250 years of shipbuilding excellence, delivering 808 vessels since 1960, including destroyers, submarines, and frigates for the Indian Navy.
Consolidated revenue from operations for Q3 FY2025 was ₹360,109 lakhs, up from ₹314,362 lakhs in Q3 FY2024, and for the nine months ended December 2025, revenue was ₹915,592 lakhs, up from ₹825,747 lakhs year-over-year.
Consolidated net profit for Q3 FY2025 was ₹87,978 lakhs, compared to ₹74,948 lakhs in Q3 FY2024; for the nine months, net profit was ₹208,141 lakhs, up from ₹198,692 lakhs year-over-year.
Achieved major project milestones: delivery and commissioning of multiple stealth frigates and destroyers ahead of schedule.
Standalone results closely mirror consolidated performance, with minor differences due to associate contributions.
Financial highlights
Standalone Q3 FY 2025-26 revenue from operations: ₹3,863 Cr, up from ₹3,601 Cr in Q3 FY 2024-25.
Standalone EBITDA for Q3 FY 2025-26: ₹1,149 Cr, up from ₹1,108 Cr year-over-year.
Standalone PAT for Q3 FY 2025-26: ₹939 Cr, up from ₹837 Cr year-over-year.
Total consolidated income for Q3 FY2025 was ₹386,290 lakhs, up from ₹343,431 lakhs in Q3 FY2024.
Earnings per share (EPS) for Q3 FY2025 was ₹21.81, compared to ₹20.01 in Q3 FY2024.
Outlook and guidance
Healthy order book with major projects for the Indian Navy and ONGC, including destroyers, frigates, and submarines.
Strategic partnerships and MoUs signed for future submarine and landing platform dock projects.
The Board declared an interim dividend of ₹7.50 per equity share.
Outlook for defence equipment orders?
How robust is the associate's financial review?
What is the rationale for the interim dividend?
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Next Mazagon Dock Shipbuilders earnings date
Q4 25/2629 May, 2026
Mazagon Dock Shipbuilders
Next Mazagon Dock Shipbuilders earnings date
Q4 25/2629 May, 2026
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