The share price of Mazagon Dock Shipbuilders declined nearly 9% to an intra-day low of Rs 3,426.10 on the National Stock Exchange. The correction in the stock price came after weak performance in the last quarter of FY25. The sharp 50% drop in profit raised investor concerns.
Mazagon Dock Shipbuilders Q4 performance
The defence stock reported a decline of 51% in net profit to Rs 325.3 crore in the fourth quarter of the financial year 2024-25, compared with Rs 663 crore in the same quarter a year ago.
The public sector undertaking (PSU)’s revenue from operations came in at Rs 3,174.4 crore, an increase of 2.3% year-on-year, as against Rs 3,103.7 crore in the fourth quarter of the corresponding quarter of the last fiscal.
The company’s EBITDA (earnings before interest, taxes, depreciation and amortisation) plummeted 83% to Rs 90 crore, versus Rs 524 crore in Q4 FY24.
Mazagon Dock Shipbuilders dividend 2025
Mazagon Dock’s board recommended a final dividend of Rs. 2.71 per equity share of Rs 5 each fully paid up for the financial year 2024-25.
Mazagon Dock Shipbuilders Q3 results
Mazagon Dock Shipbuilders’ consolidated net profit increased by 29.33% YoY in Q3FY25 to Rs 807.04 crore as against Rs 623.87 crore in the same quarter a year ago. The company’s revenues from operations stood at Rs 3,143.62 crore, a growth of 30% YoY during the October-December 2024 quarter, from Rs 2,362.47 crore in the corresponding period of the last financial year.
Mazagon Dock Shipbuilders stock performance analysis
The share price of Mazagon Dock Shipbuilders has risen 0.12% in the last week. The stock has given a return of 16% in the last one month and increased investors’ wealth by 56% in the previous six months. It holds gains worth 115% in the last one year.