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Mazagon Dock Shipbuilders Reports Q2: Revenue Up by 50.84% Year-on-Year

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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.

The comprehensive analytics outlining the performance and outlook of Mazagon Dock Shipbuilders Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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.

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