Mazagon Dock Key Ratios
NSE: MAZDOCK | BSE: 543237
₹1,732.80
As on 28-Oct-2026IST
Market cap
₹69,825 Cr
Revenue (TTM)
₹12,840 Cr
P/E Ratio
28.5
P/B Ratio
6.7
Div. Yield
1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -16.88 | -16.49 | 8.15 | 17.60 | 19.14 |
| EBIT | -59.45 | -74.77 | 8.42 | 36.43 | 54.87 |
| Net Profit | -37.37 | -54.09 | 5.08 | 22.70 | 30.18 |
| EPS | -37.37 | -54.09 | 5.08 | 22.70 | 30.94 |
| 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 | 15.35 | 15.16 | 17.02 |
| Net Margin
| 17.67 | 14.71 | 16.34 | 16.88 | 18.11 |
| Return on equity
| 34.91 | 26.42 | 24.27 | 27.37 | 32.11 |
| Return on Capital
| 47.11 | 35.64 | -- | 36.51 | 43.56 |
| Return on Assets
| 7.56 | 5.47 | 8.92 | 8.05 | 7.52 |
| Debt to Equity (x)
| -- | -- | 0.04 | 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
24.27
Higher than Peers by 0.41
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
24.27
|
27.37
|
32.11
|
32.88
|
24.28
|
|
Peer Median
|
23.85
|
20.18
|
22.28
|
17.08
|
--
|
ROA
8.92
Higher than Peers by 1.50
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
8.92
|
8.05
|
7.52
|
6.10
|
3.59
|
|
Peer Median
|
7.42
|
8.05
|
5.55
|
3.35
|
--
|
EBIT Margin
15.35
Lower than Peers by 1.14
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
15.35
|
15.16
|
17.02
|
14.13
|
9.29
|
|
Peer Median
|
16.49
|
15.35
|
26.56
|
18.60
|
--
|
Net Margin
16.34
Lower than Peers by 0.79
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
16.34
|
16.88
|
18.11
|
17.12
|
12.29
|
|
Peer Median
|
17.13
|
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
8.15
Lower than Peers by 16.88
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
8.15
|
13.77
|
20.76
|
20.95
|
36.52
|
|
Peer Median
|
25.03
|
39.64
|
61.43
|
71.85
|
--
|
EBIT Growth
8.42
Lower than Peers by 56.01
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
8.42
|
1.33
|
45.41
|
84.07
|
97.55
|
|
Peer Median
|
64.42
|
80.48
|
286.93
|
373.91
|
--
|
Net Profit Growth
5.08
Lower than Peers by 36.68
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
5.08
|
6.35
|
25.90
|
72.92
|
85.77
|
|
Peer Median
|
41.76
|
42.87
|
381.67
|
198.33
|
--
|
EPS Growth
5.08
Lower than Peers by 4.19
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
5.08
|
7.03
|
24.60
|
73.09
|
83.20
|
|
Peer Median
|
9.27
|
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
0.04
Higher than Peers by 0.03
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
0.04
|
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
1.63
Higher than Peers by 0.32
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
1.63
|
1.40
|
1.25
|
1.14
|
1.08
|
|
Peer Median
|
1.31
|
1.33
|
1.66
|
1.86
|
--
|
Quick Ratio
1.40
Higher than Peers by 0.35
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
1.40
|
1.24
|
1.02
|
0.89
|
0.78
|
|
Peer Median
|
1.05
|
1.18
|
7.84
|
1.19
|
--
|
Interest Coverage
37.96
Lower than Peers by 5.76
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
37.96
|
44.68
|
111.41
|
166.29
|
127.60
|
|
Peer Median
|
43.72
|
38.55
|
11.35
|
28.20
|
--
|
Operating Efficiency
Debtors to sales
7.77
Lower than Peers by 3.66
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
7.77
|
20.03
|
9.34
|
19.51
|
12.81
|
|
Peer Median
|
11.43
|
16.26
|
213.61
|
19.14
|
--
|
Asset Turnover
0.50
Higher than Peers by 0.10
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
0.50
|
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
28.47
No difference
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
|
28.47
|
32.23
|
44.18
|
9.69
|
11.96
|
|
Peer Median
|
28.47
|
43.71
|
42.69
|
55.37
|
--
|
Price / Book Value
6.68
No difference
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
|
6.68
|
8.54
|
13.43
|
6.01
|
2.81
|
|
Peer Median
|
6.68
|
7.70
|
9.22
|
10.47
|
--
|
Dividend Yield
1.05
Higher than Peers by 0.01
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
|
1.05
|
0.88
|
0.65
|
1.48
|
2.41
|
|
Peer Median
|
1.03
|
0.80
|
0.04
|
0.14
|
--
|
EV/EBITDA
18.52
--
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
|
18.52
|
20.72
|
28.23
|
9.25
|
0.06
|
|
Peer Median
|
--
|
38.11
|
43.05
|
100.84
|
--
|
Market Cap
69,825
Higher than Peers by 40,100
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mazagon Dock
|
69,825
|
83,264
|
1,06,627
|
37,532
|
13,379
|
|
Peer Median
|
29,725
|
21,720
|
1,485
|
1,586
|
--
|