Mazagon Dock Key Ratios
NSE: MAZDOCK | BSE: 543237
₹2,064.40
As on 07-Oct-2026IST
Market cap
₹83,316 Cr
Revenue (TTM)
₹13,323 Cr
P/E Ratio
29.2
P/B Ratio
8.1
Div. Yield
0.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -23.57 | 12.08 | 13.87 | 19.69 | 22.26 |
| EBIT | -19.69 | 49.88 | 51.33 | 50.95 | 64.08 |
| Net Profit | -19.11 | 21.51 | 31.72 | 33.23 | 34.89 |
| EPS | -19.11 | 21.51 | 31.73 | 33.23 | 36.57 |
| Book Value | -- | -- | 22.86 | 27.02 | 23.24 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 15.50 | 12.40 | 18.56 | 15.16 | 17.02 |
| Net Margin
| 17.67 | 14.71 | 18.63 | 16.88 | 18.11 |
| Return on equity
| 34.91 | 26.42 | 30.62 | 27.37 | 32.11 |
| Return on Capital
| 47.11 | 35.64 | -- | 36.51 | 43.56 |
| Return on Assets
| 7.56 | 5.47 | 9.59 | 8.05 | 7.52 |
| Debt to Equity (x)
| -- | -- | 0.01 | 0.05 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
--
|
36.51
|
43.56
|
44.34
|
32.81
|
|
Peer Median
|
--
|
23.49
|
23.66
|
21.23
|
--
|
ROE
30.62
Higher than Peers by 6.78
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
30.62
|
27.37
|
32.11
|
32.88
|
24.28
|
|
Peer Median
|
23.85
|
20.18
|
22.28
|
17.08
|
--
|
ROA
9.59
Higher than Peers by 2.20
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
9.59
|
8.05
|
7.52
|
6.10
|
3.59
|
|
Peer Median
|
7.39
|
8.05
|
5.55
|
3.35
|
--
|
EBIT Margin
18.56
Higher than Peers by 1.61
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
18.56
|
15.16
|
17.02
|
14.13
|
9.29
|
|
Peer Median
|
16.94
|
18.56
|
26.56
|
18.60
|
--
|
Net Margin
18.63
Higher than Peers by 1.47
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
18.63
|
16.88
|
18.11
|
17.12
|
12.29
|
|
Peer Median
|
17.16
|
16.88
|
12.58
|
11.85
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
--
|
19.36
|
20.93
|
19.99
|
14.33
|
|
Peer Median
|
--
|
--
|
0.00
|
--
|
--
|
Revenue Growth
13.87
Lower than Peers by 12.90
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
13.87
|
13.77
|
20.76
|
20.95
|
36.52
|
|
Peer Median
|
26.77
|
39.64
|
61.43
|
71.85
|
--
|
EBIT Growth
51.33
Lower than Peers by 17.64
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
51.33
|
1.33
|
45.41
|
84.07
|
97.55
|
|
Peer Median
|
68.97
|
80.48
|
286.93
|
373.91
|
--
|
Net Profit Growth
31.72
Lower than Peers by 10.61
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
31.72
|
6.35
|
25.90
|
72.92
|
85.77
|
|
Peer Median
|
42.34
|
42.87
|
381.67
|
198.33
|
--
|
EPS Growth
31.73
Higher than Peers by 18.62
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
31.73
|
7.03
|
24.60
|
73.09
|
83.20
|
|
Peer Median
|
13.10
|
25.30
|
381.67
|
300.00
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
--
|
22.86
|
27.17
|
31.16
|
23.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.01
Higher than Peers by 0.00
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
0.01
|
0.05
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
0.07
|
0.11
|
0.18
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
--
|
0.04
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.40
Higher than Peers by 0.10
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
1.40
|
1.40
|
1.25
|
1.14
|
1.08
|
|
Peer Median
|
1.30
|
1.33
|
1.66
|
1.86
|
--
|
Quick Ratio
1.24
Higher than Peers by 0.19
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
1.24
|
1.24
|
1.02
|
0.89
|
0.78
|
|
Peer Median
|
1.05
|
1.18
|
7.84
|
1.19
|
--
|
Interest Coverage
52.87
Higher than Peers by 9.15
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
52.87
|
44.68
|
111.41
|
166.29
|
127.60
|
|
Peer Median
|
43.72
|
38.55
|
11.35
|
28.20
|
--
|
Operating Efficiency
Debtors to sales
19.56
Higher than Peers by 8.05
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
19.56
|
20.03
|
9.34
|
19.51
|
12.81
|
|
Peer Median
|
11.51
|
19.56
|
213.61
|
19.14
|
--
|
Asset Turnover
0.47
Higher than Peers by 0.08
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
0.47
|
0.43
|
0.38
|
0.32
|
0.27
|
|
Peer Median
|
0.40
|
0.53
|
1.14
|
0.37
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
--
|
51.54
|
46.52
|
54.93
|
46.81
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
--
|
100.38
|
163.64
|
251.97
|
351.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
--
|
264.16
|
329.02
|
319.37
|
436.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
--
|
-112.24
|
-118.86
|
-12.46
|
-38.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
29.15
Lower than Peers by 1.43
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
29.15
|
32.23
|
44.18
|
9.69
|
11.96
|
|
Peer Median
|
30.58
|
49.55
|
42.69
|
55.37
|
--
|
Price / Book Value
8.12
Lower than Peers by 0.15
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
8.12
|
8.54
|
13.43
|
6.01
|
2.81
|
|
Peer Median
|
8.27
|
8.52
|
9.22
|
10.47
|
--
|
Dividend Yield
0.88
Higher than Peers by 0.02
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
0.88
|
0.88
|
0.65
|
1.48
|
2.41
|
|
Peer Median
|
0.86
|
0.70
|
0.04
|
0.14
|
--
|
EV/EBITDA
19.10
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
19.10
|
20.72
|
28.23
|
9.25
|
0.06
|
|
Peer Median
|
--
|
42.21
|
43.05
|
100.84
|
--
|
Market Cap
83,316
Higher than Peers by 49,615
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
83,316
|
83,264
|
1,06,627
|
37,532
|
13,379
|
|
Peer Median
|
33,701
|
24,486
|
1,485
|
1,586
|
--
|