Mazagon Dock Shipbuilders' Q4 FY 2025-26 Quarterly Results

Result Summary

• Mazagon Dock Shipbuilders Ltd reported a 7.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 18.7%.
• Its expenses for the quarter were up by 30.4% QoQ and 35.7% YoY.
• The net profit decreased 23.4% QoQ and increased 107.2% YoY.
• The earnings per share (EPS) of Mazagon Dock Shipbuilders Ltd stood at 16.84 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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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 player in the shipbuilding industry, primarily engaged in the construction and repair of ships and submarines for the Indian Navy and other clients. Based in India, the company has established itself as a key defense contractor, contributing significantly to the nation’s maritime defense capabilities. The company is involved in the production of warships, submarines, and other vessels, offering a range of services from design to delivery. Recent developments or specific projects undertaken by the company are not provided in the available data.

Revenue

In Q4FY26, Mazagon Dock Shipbuilders Ltd reported a total income of ₹4133.77 crores, marking a 7.0% increase from the previous quarter, Q3FY26, where the total income was ₹3862.90 crores. Compared to the same quarter last year (Q4FY25), where the total income was ₹3483.92 crores, the company saw a year-over-year growth of 18.7%. This growth in revenue reflects the company's ability to increase its income over both the last quarter and the previous year, showcasing a trend of consistent revenue generation.

Profitability

The company recorded a profit before tax of ₹793.38 crores in Q4FY26, which is a decrease of 29.1% from ₹1119.63 crores in Q3FY26. However, when compared to Q4FY25, where the profit before tax was ₹369.81 crores, there is a notable increase of 114.5%. The tax expense for Q4FY26 was ₹160.57 crores, a reduction of 43.2% from the previous quarter's ₹282.50 crores and an increase of 102.3% compared to the same quarter last year. The profit after tax in Q4FY26 was ₹674.16 crores, which is a decline of 23.4% from Q3FY26's ₹879.78 crores but an increase of 107.2% from ₹325.29 crores in Q4FY25. The earnings per share also reflected this trend with a 22.8% decrease from Q3FY26 and a 108.9% increase from Q4FY25.

Operating Metrics

Mazagon Dock Shipbuilders Ltd's total expenses in Q4FY26 were ₹3533.27 crores, showing a significant increase of 30.4% from the previous quarter's ₹2709.87 crores and a 35.7% rise from ₹2603.58 crores in Q4FY25. The substantial rise in total expenses on a quarter-over-quarter and year-over-year basis suggests increased operational costs or investments during this period. Despite the rise in expenses, the company maintained profitability, as reflected in the financial outcomes. The company's operational performance, as indicated by these metrics, highlights the dynamics of cost management against revenue growth.