Rs 27,415 crore order book: Defence shipbuilding company reports stellar results & announces Rs 6/share dividend

DSIJ Intelligence-1 / 28 Oct 2025/ Categories: Multibaggers, Trending

The stock is up by 50 per cent from its 52-week low of Rs 1,917.95 per share and has given multibagger returns of over 3,200 per cent in 5 years.

Mazagon Dock Shipbuilders Limited (MDL), a renowned Indian shipyard established in 1774, has a rich history of building a wide range of vessels, including warships, submarines, cargo/passenger ships, and offshore platforms. Having constructed over 800 vessels since 1960, MDL has consistently demonstrated its shipbuilding prowess. In recognition of its significant contributions to India's Defence industry, MDL was conferred the prestigious 'Navratna' status in June 2024, joining the ranks of India's top-performing public sector enterprises. This elevation is a testament to MDL's strong financial performance, consistent track record, and commitment to strengthening India's defence capabilities.

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According to Quarterly Results, the net sales increased by 12 per cent to Rs 2,929 crore and net profit increased by 66 per cent to Rs 749 crore in Q2FY26 compared to Q2FY26. In H1FY26, the net sales increased by 9 per cent to Rs 5,555 crore and net profit decreased by 6 per cent to Rs 1,201 crore compared to H1FY25

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MDL has also declared of 1^st Interim dividend of Rs 6 per equity share of Rs 5 each fully paid-up for the Financial Year 2025-26. Further, the Company has fixed Tuesday, November 04, 2025, as the Record Date for the same. The payment of the Interim Dividend shall be completed on or before November 26, 2025.

Furthermore, MDL is negotiating with the Indian Navy for the Submarine Project P-75(I). MDL's commercial bid for P-75(I) was opened on January 16, 2025, after qualifying on January 14, 2025. This follows reports of a potential Rs 70,000 crore submarine deal possibly involving Germany's Thyssenkrupp. Separately, MDL acquired a controlling stake of 51 per cent equity in Colombo Dockyard PLC (CDPLC), a Sri Lankan company, for up to USD 52.96 million (Rs 452 crore). The deal aims to enhance MDL's market position, R&D, and global presence.

As of March 31, 2025, the company is debt-free. The company has a market cap of over Rs 1,00,000 crore and as of September 30, 2025, the company’s Order Book stands at Rs 27,415 crore. The stock is up by 50 per cent from its 52-week low of Rs 1,917.95 per share and has given multibagger returns of over 3,200 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.