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Mazagon Dock Shipbuilders (MAZDOCK) investor relations material
Mazagon Dock Shipbuilders Q1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Delivered 806 vessels since 1960, including 31 warships and 8 submarines, and celebrated 250 years of operations with major milestones such as tri-commissioning of three frontline combatants in January 2025.
Only Indian shipyard to build destroyers, conventional submarines, and corvettes; conferred Navratna status.
Unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, were approved by the Board on July 28, 2025.
The company operates in the defense equipment sector and is exempt from segment reporting.
Financial highlights
Standalone Q1 FY26 revenue from operations: ₹3,174 Cr, up from ₹2,915 Cr in Q1 FY25 and ₹2,626 Cr in Q4 FY25.
Consolidated Q1 FY26 revenue: ₹3,484 Cr, up from ₹2,915 Cr in Q1 FY25 and ₹3,174 Cr in Q4 FY25.
Standalone PAT for Q1 FY26: ₹666 Cr, up from ₹327 Cr in Q1 FY25 and ₹567 Cr in Q4 FY25.
Consolidated PAT for Q1 FY26: ₹696 Cr, up from ₹370 Cr in Q1 FY25 and ₹567 Cr in Q4 FY25.
Basic and diluted EPS (consolidated) for Q1 FY26 was ₹11.21, compared to ₹17.26 in Q1 FY25.
Outlook and guidance
Healthy order book as of June 30, 2025, with major projects including destroyers, stealth frigates, and submarines for the Indian Navy.
Continued focus on indigenization and timely delivery of defense vessels.
Financial statements have been prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors.
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