Mazagon Dock Shipyard Ltd
Mazagon Dock Shipbuilders Limited (MDL), Mumbai, established in 1774, is a prominent shipyard in India. Initially a small dry dock, MDL has evolved into a renowned shipbuilding company. It has constructed 801 vessels since 1960, including warships, submarines, cargo/passenger ships, and offshore platforms.
Product Portfolio
- NAVEL SHIPS
- SUBMARINE
- NAVEL AUXILIARY VESSEL
- TUGS
- CARGO VESSE
- BARGES
- AI Products
Network
In Mazagaon, Mumbai, the North Yard and South Yard are Shipbuilding yards, while East Yard is a Submarine construction yard. The Alcock yard, is located above the North Yard of Mazagaon. The land adjacent to the South Yard is available for construction and accommodation of Ships and Submarines viz. Modular workshop for Shipbuilding, Cradle workshop for Submarine building, Goliath crane, Wet basin.
Shareholding Pattern (September_2023)
Financial Perfomrance
| Particulars | March 2023 | March 2022 | March 2021 |
| Sales | 7,827 | 5,733 | 4,048 |
| Sales Growth % | 36.52% | 41.64% | -17.47% |
| Operating Profit | 801 | 442 | 226 |
| OPM % | 10% | 8% | 6% |
| Profit after tax | 1,073 | 586 | 480 |
| YOY Growth | 7% | 7% | – |
| EPS in Rs | 53.19 | 29.08 | 23.78 |
Synopsis of Financials
- Sales has increased due to increase in due to sale of Ship Consctructio.
- Moreover, Sales of Scrap and stores have also increased and Reversal of Liquidated Damages.
- Profit of the company has grown majorly due to sale of ship construction.
Final Outlook
Compared to the same period the previous year, when net profit was Rs 159 crore, it more than doubled to Rs 326 crore in the fourth quarter of the previous fiscal. From Rs 129 crore in the previous year to Rs 211 crore in the fourth quarter. Revenue reached Rs 2,078 crore, up 49%. In the fourth quarter, earnings before interest, tax, depreciation, and amortisation (EBITDA) increased by over three times to Rs 211 crore from Rs 77 crore in the same period last year. EBITDA margins increased to 10.1 percent from 5.5 percent in the same period the previous year.
Disclaimer: The information provided here is for general informational purposes only and should not be considered as professional financial, investment, or legal advice.The user assumes all risks associated with their use of the information.
MazagonDock-Shipyard-ltd