Mazagon Dock Shipbuilders' Q1 FY 2026-27 Quarterly Results

Result Summary

• Mazagon Dock Shipbuilders Ltd reported a 21.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 11.7%.
• Its expenses for the quarter were down by 28.1% QoQ and up 40.5% YoY.
• The net profit decreased 18.3% QoQ and increased 21.7% YoY.
• The earnings per share (EPS) of Mazagon Dock Shipbuilders Ltd stood at 13.62 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mazagon Dock Shipbuilders Ltd is a prominent Indian public sector undertaking under the Ministry of Defence. The company is primarily engaged in the construction of warships and submarines for the Indian Navy, as well as other vessels for commercial clients. The company holds a significant position in the defense shipbuilding industry in India, known for its robust capabilities in building complex and technologically advanced maritime vessels. Recent developments in the company may not be available in this context, and thus any recent major developments cannot be specified.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Mazagon Dock Shipbuilders Ltd reported a total income of ₹3255.88 crores. This represents a decline of 21.2% from the previous quarter (Q4FY26), where the total income was ₹4133.77 crores. However, compared to the same quarter in the previous fiscal year (Q1FY26), which recorded a total income of ₹2914.90 crores, there is an increase of 11.7%. These figures reflect the company's revenue trends over the specified periods, indicating fluctuations in quarterly income while showing growth over the annual period.

Profitability

Mazagon Dock Shipbuilders Ltd reported a profit before tax of ₹686.45 crores in Q1FY27, which is a decrease of 13.5% from the previous quarter's profit before tax of ₹793.38 crores. Compared to the same quarter in the previous year, which had a profit before tax of ₹566.85 crores, there is a year-over-year increase of 21.1%. The tax expense for Q1FY27 was ₹174.41 crores, marking an 8.6% increase quarter-over-quarter and an 18.2% increase year-over-year. The profit after tax was ₹550.46 crores, decreasing by 18.3% from the previous quarter and increasing by 21.7% from the same quarter last year. Earnings per share for the quarter were ₹13.62, a decrease of 19.1% from the previous quarter's ₹16.84, yet an increase of 21.5% from ₹11.21 in the same quarter of the previous year.

Operating Metrics

The total expenses for Mazagon Dock Shipbuilders Ltd in Q1FY27 were ₹2539.90 crores, reflecting a decrease of 28.1% from Q4FY26's total expenses of ₹3533.27 crores. However, there is a significant year-over-year increase of 40.5% compared to Q1FY26, which had total expenses of ₹1807.95 crores. This indicates substantial fluctuations in the company's expenditure patterns. The company's profitability and operational efficiency can be further analyzed by noting these changes in expenses, alongside the earnings metrics provided.