Mazagon Dock and Shipbuilders Ltd.'s net profit for the fourth quarter of FY26 doubled year-on-year, according to exchange filing on Thursday.
The defense company's consolidated bottom-line came in at Rs 679 crore compared to Rs 325 crore in the year-ago period.
Revenue rose 21.3% to Rs 3,850 crore from Rs 3,174 crore in the corresponding quarter of the last fiscal. Earnings before interest, taxes, depreciation and amortisation jumped sharply from Rs 119 crore to Rs 543 crore.
Margins quadrupled to 14.1% from 3.8% in Q4 of fiscal 2025.
The company has declared a final dividend of Rs 4.62 per fully paid-up equity share with Rs 5 face value.
Mazagon Dock Q4 Result Highlights (Cons, YoY)
- Revenue up 21.3% to Rs 3,850.39 crore versus Rs 3,174.41 crore.
- Net Profit up 109% to Rs 679.18 crore versus Rs 325.29 crore
- Ebitda up 355% to Rs 542.89 crore versus Rs 119.34 crore
- Margin at 14.1% versus 3.8%.
- To pay dividend of Rs 4.62 per share.
Mazagon Dock Share Price
Mazagon Dock's stock ended 1.32% lower at Rs 2,733.20 apiece on the NSE on Thursday. This compared to a 0.74% decline in the Nifty index.
The share price has fallen 10.61% in the last 12 months but risen 9.76% year-to-date. Out of the nine analysts tracking the company on Bloomberg, seven have a 'buy' call on its stock while two recommend selling the stock.
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