Mazagoan Dock Shipbuilders quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	2,446	2,929	−16.5%
EBITDA	199	695	−71.3%
EBITDA margin	8.1%	23.7%	−15.6 pts
Profit before tax	399	934	−57.2%
Net profit	346	749	−53.8%
EPS	₹8.53	₹18.58	−54.1%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	2,446	2,943	3,850	3,601	2,929	2,626	3,174	3,144	2,757	2,357	3,104	2,362	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	251	313	283	262	271	289	310	286	254	271	349	269
	2,697	3,256	4,134	3,863	3,200	2,915	3,484	3,430	3,011	2,628	3,452	2,631
	649	949	1,826	1,720	1,201	891	1,083	973	1,368	1,106	1,728	987
	452	597	572	361	499	0.0	353	0.0	0.0	0.0	0.0	0.0
	252	289	213	251	223	250	278	242	231	227	226	222
	20.9	44.3	10.0	6.0	7.8	1.1	1.1	1.1	1.1	1.1	1.3	1.3
	29.8	29.0	22.9	23.2	23.5	23.1	28.6	39.9	23.4	23.4	22.9	20.3
	893	661	697	382	311	1,183	1,371	1,111	647	381	626	614
	2,298	2,569	3,340	2,743	2,266	2,348	3,114	2,367	2,271	1,739	2,604	1,845
	199	447	543	887	695	302	90.0	817	511	642	524	539
	169	418	520	864	671	279	61.4	777	487	619	501	519
Profit
	399	686	793	1,120	934	567	370	1,063	740	889	849	786
	399	686	793	1,120	934	567	370	1,063	740	889	849	786
	203	134	148	327	184	293	190	261	197	215	255	287
	−102	40.2	12.3	−44.6	40.3	−145	−111	33.6	−9.0	7.5	−33.2	−92.4
	102	174	161	283	224	148	79.4	294	188	223	222	195
	48.5	38.4	41.4	42.7	39.6	32.9	34.9	38.8	32.3	30.2	36.1	35.2
	346	550	674	880	749	452	325	807	585	696	663	627
	298	512	633	837	710	419	290	768	553	666	627	592
	4.5	0.8	1.0	−2.2	1.0	−1.9	−2.1	0.4	−3.2	−0.2	−1.0	−2.8
	351	551	675	878	750	450	323	807	582	696	662	624
	—	549	679	—	—	452	—	807	585	—	—	—
	—	1.1	−5.0	—	—	0.0	—	0.0	0.0	—	—	—
Per share
	₹8.53	₹13.62	₹16.84	₹21.81	₹18.58	₹11.21	₹8.06	₹20.01	₹29.01	₹34.51	₹32.87	₹31.08
	₹8.53	₹13.62	₹16.84	₹21.81	₹18.58	₹0.00	₹8.06	₹20.01	₹29.01	₹34.51	₹32.87	₹31.08
Other comprehensive income — detail
	4.5	0.8	1.0	−2.2	1.0	−1.9	−2.1	—	—	—	—	—
	3.7	−0.4	2.0	−2.8	1.0	−2.5	−2.4	0.6	−4.0	−0.2	−1.1	−2.8
	0.0	−0.0	1.0	−0.6	−0.0	−0.6	−0.4	—	—	—	—	—
	—	—	—	—	—	—	—	0.2	−0.8	0.0	−0.2	0.0
	0.9	1.2	—	—	—	—	—	—	—	—	—	—
	—	550	682	—	—	452	—	807	—	—	—	—
	—	1.3	−6.5	—	—	0.0	—	0.0	—	—	—	—
Per share — as-filed variants
	₹8.53	₹13.62	₹16.84	₹21.81	₹18.58	₹11.21	₹8.06	₹20.01	₹29.01	₹34.51	₹32.87	₹31.08
	₹8.53	₹13.62	₹16.84	₹21.81	₹18.58	₹0.00	₹8.06	₹20.01	₹29.01	₹34.51	₹32.87	₹31.08
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	1,344	1,396	1,453	1,520	1,229	1,734	1,738	2,170	1,389	1,251	1,376	1,375
	55.0%	47.5%	37.7%	42.2%	42.0%	66.1%	54.8%	69.0%	50.4%	53.1%	44.3%	58.2%
Adjusted (ex-exceptional items) — derived
	399	686	793	1,120	934	567	370	1,063	740	889	849	786
	346	550	674	880	749	452	325	807	585	696	663	627
	₹8.53	₹13.62	₹16.84	₹21.81	₹18.58	₹11.21	₹8.06	₹20.01	₹29.01	₹34.51	₹32.87	₹31.08

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

MAZDOCK₹1,762.70

Mazagoan Dock Shipbuilders Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersCOCHINSHIP GRSE HAL TMCV SIEMENS ENRIN CUMMINSIND ABBMcap ₹71,104 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	2,362.5	3,103.7	2,357.0	2,756.8	3,143.6	3,174.4	2,625.6	2,929.2	3,601.1	3,850.4	2,942.7	2,446.1
Other Income	268.6	348.7	271.0	254.3	286.4	309.5	289.3	270.6	261.8	283.4	313.2	251.0
Total Income	2,631.1	3,452.4	2,628.0	3,011.1	3,430.1	3,483.9	2,914.9	3,199.9	3,862.9	4,133.8	3,255.9	2,697.1
Expenses
+ Cost of Materials Consumed	987.2	1,727.6	1,106.2	1,368.0	973.3	1,083.2	891.2	1,200.7	1,720.4	1,825.7	949.0	649.2
+ Purchases of Stock-in-Trade	0.0	0.0	0.0	0.0	0.0	352.7	0.0	499.3	361.2	572.2	597.2	452.4
+ Employee Benefit Expense	222.3	225.7	227.2	231.3	242.3	277.8	249.8	223.3	250.6	212.8	289.1	251.9
+ Finance Costs	1.3	1.3	1.1	1.1	1.1	1.1	1.1	7.8	6.0	10.0	44.3	20.9
+ Depreciation & Amortisation	20.3	22.9	23.4	23.4	39.9	28.6	23.1	23.5	23.2	22.9	29.0	29.8
+ Other Expenses	613.7	626.3	381.3	646.9	1,110.9	1,370.6	1,182.9	311.2	381.9	696.9	660.8	893.4
Total Expenses	1,844.9	2,603.7	1,739.2	2,270.6	2,367.5	3,114.1	2,348.1	2,265.9	2,743.3	3,340.4	2,569.4	2,297.6
EBITDA	539.2	524.1	642.3	510.7	817.1	90.0	301.7	694.7	887.0	542.9	446.6	199.2
EBIT	518.9	501.2	618.9	487.3	777.2	61.4	278.6	671.1	863.8	520.0	417.6	169.3
Profit
PBT before Exceptional Items	786.2	848.6	888.8	740.5	1,062.6	369.8	566.9	933.9	1,119.6	793.4	686.5	399.5
Pretax Income	786.2	848.6	888.8	740.5	1,062.6	369.8	566.9	933.9	1,119.6	793.4	686.5	399.5
+ Current Tax	287.1	255.0	215.4	196.7	260.7	190.0	293.0	183.8	327.1	148.3	134.2	203.5
+ Deferred Tax	-92.4	-33.2	7.5	-9.0	33.6	-110.6	-145.4	40.3	-44.6	12.3	40.2	-101.9
Tax Expense	194.7	221.8	222.9	187.7	294.4	79.4	147.6	224.1	282.5	160.6	174.4	101.5
+ Share of Associates & JVs	35.2	36.1	30.2	32.3	38.8	34.9	32.9	39.6	42.7	41.4	38.4	48.5
Net Income	626.8	663.0	696.1	585.1	807.0	325.3	452.2	749.5	879.8	674.2	550.5	346.4
+ Net Income — Continuing Ops	591.5	626.9	665.9	552.8	768.2	290.4	419.3	709.9	837.1	632.8	512.0	297.9
+ Other Comprehensive Income	-2.8	-1.0	-0.2	-3.2	0.4	-2.1	-1.9	1.0	-2.2	1.0	0.8	4.5
Total Comprehensive Income	624.0	662.0	695.9	581.8	807.4	323.2	450.3	750.5	877.6	675.2	551.3	350.9
Net Income to Common	—	—	—	585.1	807.0	—	452.2	—	—	679.2	549.4	—
Minority Interest	—	—	—	0.0	0.0	—	0.0	—	—	-5.0	1.1	—
Per Share
Basic EPS	31.08	32.87	34.51	29.01	20.01	8.06	11.21	18.58	21.81	16.84	13.62	8.53
Diluted EPS	31.08	32.87	34.51	29.01	20.01	8.06	0.00	18.58	21.81	16.84	13.62	8.53
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-2.1	-1.9	1.0	-2.2	1.0	0.8	4.5
+ Items NOT to be Reclassified to P&L	-2.8	-1.1	-0.2	-4.0	0.6	-2.4	-2.5	1.0	-2.8	2.0	-0.4	3.7
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.4	-0.6	-0.0	-0.6	1.0	-0.0	0.0
+ Tax on Items NOT to be Reclassified — alt tag	0.0	-0.2	0.0	-0.8	0.2	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	—	—	—	—	—	—	—	—	—	—	1.2	0.9
Comprehensive Income — Owners of Parent	—	—	—	—	807.0	—	452.2	—	—	681.7	550.1	—
Comprehensive Income — Non-controlling Interests	—	—	—	—	0.0	—	0.0	—	—	-6.5	1.3	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	31.08	32.87	34.51	29.01	20.01	8.06	11.21	18.58	21.81	16.84	13.62	8.53
Diluted EPS — Continuing Operations	31.08	32.87	34.51	29.01	20.01	8.06	0.00	18.58	21.81	16.84	13.62	8.53
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	1,375.2	1,376.1	1,250.8	1,388.9	2,170.3	1,738.5	1,734.4	1,229.2	1,519.5	1,452.5	1,396.5	1,344.5
Gross Margin %	58.21	44.34	53.07	50.38	69.04	54.77	66.06	41.96	42.20	37.72	47.46	54.96
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	786.2	848.6	888.8	740.5	1,062.6	369.8	566.9	933.9	1,119.6	793.4	686.5	399.5
Net Income Adj (tax-effected)	626.8	663.0	696.1	585.1	807.0	325.3	452.2	749.5	879.8	674.2	550.5	346.4
EPS Adj	31.08	32.87	34.51	29.01	20.01	8.06	11.21	18.58	21.81	16.84	13.62	8.53
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Filed Debt Equity	—	0.00	0.00	0.00	0.00	—	—	—	—	0.04	—	—
Filed Dscr	—	0.00	0.00	0.00	0.00	—	—	—	—	44.23	—	—
Paid Up Equity Capital	201.7	201.7	201.7	201.7	201.7	201.7	201.7	201.7	201.7	201.7	201.7	201.7

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Mazagon Dock Q2 FY27 results (July–September 2026)

Filed with NSE on Tuesday, 27 October 2026 at 2:46 pm IST

Mazagoan Dock Shipbuilders (NSE: MAZDOCK) reported its Q2 FY27 results (July–September 2026) on Tuesday, 27 October 2026 at 2:46 pm IST. Consolidated net profit was ₹346 crore, down 53.8% from ₹749 crore in Q2 FY26 and down 37.0% from ₹549 crore in Q1 FY27. Revenue from operations was ₹2,446 crore, down 16.5% year on year and down 16.9% from the previous quarter.

Dividend record date: Tuesday, 3 November 2026
Q2 FY26 results (a year earlier): 27 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹346 Cr−53.8% vs Q2 FY26−37.0% vs Q1 FY27
Revenue from operations: ₹2,446 Cr−16.5% vs Q2 FY26−16.9% vs Q1 FY27
Operating margin (EBIT): 6.9%−16.0 pts vs Q2 FY26−7.3 pts vs Q1 FY27EBIT ₹169 Cr
EBITDA: ₹199 Cr−71.3% vs Q2 FY26−55.4% vs Q1 FY27margin 8.1%
Earnings per share (basic): ₹8.53−54.1% vs Q2 FY26−37.4% vs Q1 FY27
Interim dividend: ₹5 a shareRecord date 3 November 2026

Questions

What was Mazagon Dock's net profit in Q2 FY27?

Consolidated net profit was ₹346 crore, down 53.8% from ₹749 crore in Q2 FY26 and down 37.0% from ₹549 crore in Q1 FY27.

What was Mazagon Dock's revenue in Q2 FY27?

Revenue from operations was ₹2,446 crore, down 16.5% year on year and down 16.9% from the previous quarter.

What was Mazagon Dock's EPS in Q2 FY27?

Basic earnings per share were ₹8.53, against ₹18.58 in Q2 FY26.

How were Mazagon Dock's Q2 FY27 results?

Both fell from a year earlier: net profit was down 53.8% at ₹346 crore and revenue was down 16.5% at ₹2,446 crore. The operating margin was 6.9%, down 16.0 percentage points from 22.9% a year earlier. Against Q1 FY27, net profit was down 37.0% and revenue down 16.9%.

What was Mazagon Dock's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹169 crore, a margin of 6.9%, against 14.2% in Q1 FY27 and 22.9% in Q2 FY26. EBITDA was ₹199 crore, 8.1% of revenue.

What was Mazagon Dock's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹896 crore, down 25.5% from ₹1,202 crore in the same months a year earlier. Revenue from operations was ₹5,389 crore, down 3.0%.

What is Mazagon Dock's net profit margin?

Mazagon Dock's net profit margin was 14.2% in Q2 FY27 (net profit as a share of revenue from operations), against 25.6% in Q2 FY26 (down 11.4 percentage points). For FY26 as a whole it was 19.9%.

What was Mazagon Dock's net profit in FY26?

Consolidated net profit was ₹2,583 crore in FY26 (April 2025–March 2026), up 7.0% from ₹2,414 crore in FY25. It was ₹1,937 crore in FY24 and ₹1,119 crore in FY23: up 130.9% over three years, 32.2% a year on average.

What was Mazagon Dock's revenue in FY26?

Revenue from operations was ₹13,006 crore in FY26 (April 2025–March 2026), up 13.8% from ₹11,432 crore in FY25. It was ₹9,467 crore in FY24 and ₹7,827 crore in FY23: up 66.2% over three years, 18.4% a year on average.

How has Mazagon Dock's profit changed over the last four quarters?

Net profit by quarter: ₹880 crore in Q3 FY26, ₹679 crore in Q4 FY26, ₹549 crore in Q1 FY27 and ₹346 crore in Q2 FY27. That is ₹2,455 crore over the four quarters, up 5.2% from ₹2,334 crore in the four quarters before. Revenue from operations: ₹3,601 crore, ₹3,850 crore, ₹2,943 crore and ₹2,446 crore.

When did Mazagon Dock announce its Q2 FY27 results?

On Tuesday, 27 October 2026 at 2:46 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 27 October 2025.

When will Mazagon Dock announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Did Mazagon Dock declare a dividend with its Q2 FY27 results?

Yes. The board declared an interim dividend of ₹5 per share on 27 October 2026. The record date is 3 November 2026.

Where do these Mazagon Dock figures come from?

From Mazagoan Dock Shipbuilders' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 27 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.