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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 50.84 % in the past year, substantial increase in net sales/revenue by 16.96 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 1.11 %. Marginal decrease of -6.17% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Mazagon Dock Shipbuilders Limited. Notable increase of 75.76 % in net profit Year to Year, Mazagon Dock Shipbuilders Limited’s profitability dropped by -15.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 75.82 % Year to Year. EPS decreased by -15.94 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1827.7 Cr | Rs. 2357.02 Cr | Rs. 2756.83 Cr | + 16.96 % | + 50.84 % |
| Expenses | Rs. 1651.08 Cr | Rs. 1714.76 Cr | Rs. 2246.18 Cr | + 30.99 % | + 36.04 % |
| Operating Profit | Rs. 176.62 Cr | Rs. 642.26 Cr | Rs. 510.65 Cr | -20.49 % | + 189.12 % |
| OPM % | 9.66 % | 27.25 % | 18.52 % | -8.73 % | + 8.86 % |
| Other Income | Rs. 251.48 Cr | Rs. 271 Cr | Rs. 254.28 Cr | -6.17 % | + 1.11 % |
| Interest | Rs. 1.27 Cr | Rs. 1.09 Cr | Rs. 1.09 Cr | + 0 % | -14.17 % |
| Depreciation | Rs. 20.19 Cr | Rs. 23.38 Cr | Rs. 23.35 Cr | -0.13 % | + 15.65 % |
| Profit before tax | Rs. 406.64 Cr | Rs. 888.79 Cr | Rs. 740.49 Cr | -16.69 % | + 82.1 % |
| Tax % | 25.27 % | 25.07 % | 25.35 % | + 0.28 % | + 0.08 % |
| Net Profit | Rs. 332.88 Cr | Rs. 696.1 Cr | Rs. 585.08 Cr | -15.95 % | + 75.76 % |
| EPS in Rs | Rs. 16.5 | Rs. 34.51 | Rs. 29.01 | -15.94 % | + 75.82 % |
Today, we’re looking at Mazagon Dock Shipbuilders Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 50.84 %. However, it did see a marginal increase of 16.96 % from the previous quarter. Expenses ticked up slightly by 30.99 % quarter-on-quarter, aligning with the annual rise of 36.04 %. Operating profit, while up 189.12 % compared to last year, faced a quarter-on-quarter dip of -20.49 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 8.86 %, but a shrinkage of -8.73 % sequentially. Other income fell by -6.17 % compared to the last quarter, despite an annual growth of 1.11 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.17 %. Depreciation costs fell by -0.13 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.65 %. Profit before tax grew annually by 82.1 % but saw a reduction from the preceding quarter by -16.69 %.
Tax expenses as a percentage of profits increased slightly by 0.08 % compared to last year, with a more notable quarter-on-quarter increase of 0.28 %. Net profit rose by 75.76 % year-on-year but witnessed a -15.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 75.82 % but a quarterly fall of -15.94 %. In summary, Mazagon Dock Shipbuilders Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1827.7 Cr | Rs. 2357.02 Cr | Rs. 2756.83 Cr | + 16.96 % | + 50.84 % |
| Expenses | Rs. 1651.08 Cr | Rs. 1714.76 Cr | Rs. 2246.18 Cr | + 30.99 % | + 36.04 % |
| Operating Profit | Rs. 176.62 Cr | Rs. 642.26 Cr | Rs. 510.65 Cr | -20.49 % | + 189.12 % |
| Net Profit | Rs. 332.88 Cr | Rs. 696.1 Cr | Rs. 585.08 Cr | -15.95 % | + 75.76 % |
| EPS in Rs | Rs. 16.5 | Rs. 34.51 | Rs. 29.01 | -15.94 % | + 75.82 % |
In reviewing Mazagon Dock Shipbuilders Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 50.84 % year-on-year growth, however, there was a minor increase of 16.96 % from the previous quarter. Expenses rose by 36.04 % compared to the previous year, with a 30.99 % increase quarter-on-quarter. Operating Profit surged by 189.12 % annually, and saw a -20.49 % decrease from the last quarter.
Net Profit showed yearly increase of 75.76 %, and experienced a -15.95 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 75.82 % annually, however dipped by -15.94 % compared to the last quarter. In essence, while Mazagon Dock Shipbuilders Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
47
3-Year Profit
29
5-Year Profit
0
10-Year Profit
4,053
Current Price
81,703
Market Cap
For the company identified by BSE code 543237, the financial performance highlights a solid five-year profit of 29 percents. This figure escalates to 47 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of 97 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 0 percents but has since plummeted to 105 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 0 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
With a market capitalization of ₹81,703 crore, the company’s stock is currently trading at ₹4,053, having fluctuated within a range of ₹5,860 / 1,795 over the years. The stock's P/E ratio of 31.8 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹361, representing the total value of its assets on a per-share basis, while the dividend yield of 0.68% offers a modest return to shareholders. ROCE, at 44.2%, highlights the company's efficient use of capital in generating profits, while ROE at 35.2% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.00 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹1,655 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 8.00 suggests moderate financial strength, while the Graham Number, pegged at ₹1,018, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 11.2 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
