Mazagon Dock Shipbuilders Ltd
MAZDOCKMazagon Dock Shipbuilders Ltd's earnings have outrun its stock. EPS grew +7.0% in a year against a −12.5% price move.
The sharpest disagreement: profits are rising, but only −2% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a downtrend (4 weeks in) while the P/E sits at the 59th percentile of its own 6-year range. Underneath, the last four quarters read improving — profit +21.7% year on year, and −2% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Mazagon Dock Shipbuilders Ltd trades at ₹2,382, in a downtrend and 4 weeks into that stage. That is −4.6% against its own 200-day average. It sits at 27% of a 52-week range of ₹2,163 to ₹2,985. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (9 weeks and counting).
Today the stock is in a downtrend — week 4 of stage 4, confirmed. At ₹2,382 it trades −4.6% versus its 200-day average and sits at 27% of its 52-week range (₹2,163–₹2,985).
Against the market, two honest reads. Cumulative: over the last 5.8 years the stock moved +2,734% while the NIFTY 500 moved +140% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (9 weeks and counting; last ahead the week of 2026-06-17) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Mazagon Dock Shipbuilders Ltd trades at 33.6× P/E, mid-range by its own standards (59th percentile). Its long-run median P/E is 29.1×, measured across 5.8 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 33.6× is mid-range by its own standards (59th percentile), against a long-run median of 29.1× measured over 5.8 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +7.0% against a −12.5% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the +79.0%/yr price move, ~+35.3%/yr came from earnings growth and ~+43.7 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Mazagon Dock Shipbuilders Ltd reads as consistent on its fundamental arc. Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 35.2% and holding. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +13.8% | +18.4% | +26.3% | +12.3% |
| Profit | +6.8% | +32.1% | +38.1% | +15.8% |
| EPS | +7.0% | +32.2% | +38.1% | −8.1% |
| Share price | −12.5% | +34.4% | +79.0% | — |
4-Factor Sector Score
58.5/100 — rank 2 of 4 in Ship - Docks/Breaking/Repairs · 97% evidence confidence
Mazagon Dock Shipbuilders Ltd scores 58.5 out of 100 against the 4 companies it is compared with in Ship - Docks/Breaking/Repairs, ranking 2. Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -22.6% and the one-year return is -17.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
The four contributions add to the total exactly: 27.3 + 18.7 + 6.5 + 6 = 58.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Mazagon Dock Shipbuilders Ltd reported ₹2,943 Cr of revenue in the Jun 26 quarter, +12.1% year on year. That is the 12th straight quarter of year-on-year growth. Over 10 years it has compounded at 12.3% a year. The last full year, FY26, came in at ₹13,006 Cr. The last four reported quarters add to ₹13,323 Cr.
FY26 revenue came in at ₹13,006 Cr (+13.8% on the year), capping 10 years at 12.3% compound. The latest quarter (Jun 26) printed ₹2,943 Cr, +12.1% year on year — the 12th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +13.5% growth against the decade's 12.3% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +13.9% over the last 4 quarters against +17.5%/yr over the last 8 — rolling over; TTM profit +31.5% vs +10.9%/yr — accelerating.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Mazagon Dock Shipbuilders Ltd's operating margin is 15.0% in the Jun 26 quarter, +4.0 percentage points against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 3.5% to 18.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 15.0%, +4.0 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 3.5%–18.0%.
Why the margin moved: operating margin went +3.7 pp year on year while gross margin went −10.6 pp — the gain came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Mazagon Dock Shipbuilders Ltd earned ₹550 Cr of net profit in the Jun 26 quarter, +21.7% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹2,578 Cr. The 10-year compound rate is 15.8%. That is 18.7% of the quarter's revenue. The same quarter a year earlier earned ₹452 Cr.
Jun 26 profit was ₹550 Cr, +21.7% year on year — the 4th consecutive quarter of growth. On the full year, FY26 printed ₹2,578 Cr (+6.8%), and the 10-year compound rate is 15.8%.
Why profit moved: revenue contributed +12.1% and the margin +4.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +41.5% vs revenue +13.5%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −2% of Mazagon Dock Shipbuilders Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−2,891 Cr of operating cash against ₹2,578 Cr of profit. After ₹812 Cr of capital spending, ₹−3,703 Cr was left as free cash.
FY26: operating cash of ₹−2,891 Cr against reported profit of ₹2,578 Cr, leaving free cash of ₹−3,703 Cr after ₹812 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −2% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −2%: the cash cycle tightened 17 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 5.2× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Mazagon Dock Shipbuilders Ltd's cash conversion cycle runs −21 days in FY26, down from −4 days in FY21. Capital spending ran ₹1,523 Cr over the last 3 years. At FY26 sales of ₹13,006 Cr each day of that cycle holds about ₹35.6 Cr, so roughly ₹−748 Cr sits inside the business at any moment.
FY26: debtors at 73 days, inventory at 130 days — roughly 4.3 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −21 days, tighter than FY21's −4.
The full loop: cash goes out to suppliers and production on day 0; stock waits 130 days to sell; customers pay about 73 days after that; and suppliers themselves are paid at 224 days — netting out to the −21-day cycle.
In money terms: at FY26 sales of ₹13,006 Cr, each day of the cycle holds about ₹35.6 Cr — so the −21-day loop keeps roughly ₹−748 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹1,523 Cr over the last 3 fiscal years against ₹295 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹245 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Mazagon Dock Shipbuilders Ltd earns a ROCE of 36% in FY26. That is up from a trough of 21% in FY22. Return on invested capital clears the cost of that capital by +3.7 percentage points, so growth here adds value rather than only size. The wiring behind it is 19.8% net margin on 0.47× asset turns.
FY26 ROCE is 36%, recovered from a FY22 trough of 21% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 19.8% net margin × 0.47× asset turns × 2.81× balance-sheet leverage ≈ 26.1% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 15.7% − 12.0% = a +3.7 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Mazagon Dock Shipbuilders Ltd carries total debt of ₹447 Cr against shareholder equity of ₹9,984 Cr as of Jun 26, a debt-to-equity of 0.04 — effectively unlevered. On the annual view that ratio went from 0.00 in FY22 to 0.04 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Jun 26: total debt of ₹447 Cr against shareholder equity of ₹9,984 Cr — a debt-to-equity of 0.04. On the annual view, debt-to-equity went from 0.00 (FY22) to 0.04 (FY26). The returns on this page are earned, not borrowed.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 4.2 points of Mazagon Dock Shipbuilders Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 5.0% of the company. Promoters moved −3.6 points over the same window, to 81.2%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +4.2 points over 8 quarters to 5.0%; Promoters: −3.6 points over 8 quarters to 81.2%; Foreign institutions: −0.7 points over 8 quarters to 1.7%.
Why the register moved: domestic institutions drove it (+4.2 points), absorbed on the other side by promoters (−3.6 points) — steady accumulation by institutions reading the same numbers this page reads.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Mazagon Dock Shipbuilders Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Garden Reach Shipbuilders & Engineers LtdGRSE | 66.8/100Favorable setup97% evidence | ASLEEP | 29.4/35 Revenue 39.6% · PAT 43% · OPM change -1 pp 100% evidence | 16.8/25 ROCE 43% · OPM 8% 100% evidence | 12.2/20 P/E 37.2× · PEG 1 85% evidence | 8.4/20 RS sector -15.3% · RS bench -0.2% · 1Y 1%7 of 12 weeks ahead 100% evidence |
| Exact sum: 29.4 + 16.8 + 12.2 + 8.4 = 66.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Mazagon Dock Shipbuilders Ltdthis pageMAZDOCK | 58.5/100Mixed-positive evidence97% evidence | ASLEEP | 27.3/35 Revenue 13.9% · PAT 31.5% · OPM change 4 pp 100% evidence | 18.7/25 ROCE 36% · OPM 15% 100% evidence | 6.5/20 P/E 33.6× · PEG 2.15 85% evidence | 6.0/20 RS sector -22.6% · RS bench -7.9% · 1Y -17.5%4 of 12 weeks ahead 100% evidence |
| Exact sum: 27.3 + 18.7 + 6.5 + 6 = 58.5 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -22.6% and the one-year return is -17.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 3Swan Defence and Heavy Industries LtdSWANDEF | 40.4/100Thin evidence · provisional55% evidence | TURNING | 19.4/35 Revenue 100% · PAT -25.6% · OPM change 86 pp 62% evidence | 3.0/25 ROCE -7.5% · OPM -106% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 8.0/20 RS sector -43.4% · RS bench 62.3% · 1Y 667.4%7 of 10 weeks ahead 70% evidence |
| Exact sum: 19.4 + 3 + 10 + 8 = 40.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 4Cochin Shipyard LtdCOCHINSHIP | 35.0/100Mixed-negative evidence80% evidence | ASLEEP | 12.2/35 Revenue 4.2% · PAT -13.3% · OPM change 6 pp 88% evidence | 14.8/25 ROCE 16% · OPM 21% 100% evidence | 5.0/20 P/E 52.2× · PEG 8.23 50% evidence | 3.0/20 RS sector -39.6% · RS bench -11.5% · 1Y -21.3%1 of 10 weeks ahead 70% evidence |
| Exact sum: 12.2 + 14.8 + 5 + 3 = 35 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Mazagon Dock Shipbuilders Ltd's share price today?
Mazagon Dock Shipbuilders Ltd trades at ₹2,382, −12.5% over the past year. The company is valued at ₹96,077 Cr. The stock sits at 27% of its 52-week range of ₹2,163–₹2,985, −4.6% versus its 200-day average. On the tape, the price is in a downtrend, 4 weeks in. — as of 31 July 2026.
What were Mazagon Dock Shipbuilders Ltd's latest quarterly results?
Mazagon Dock Shipbuilders Ltd reported revenue of ₹2,943 Cr and net profit of ₹550 Cr for the Jun 26 quarter. Revenue rose 12.1% and profit rose 21.7% year on year. Earnings per share were ₹13.62. The operating margin was 15.0%, 4.0 pp higher than a year earlier. — as of 31 July 2026.
What is Mazagon Dock Shipbuilders Ltd's revenue?
Mazagon Dock Shipbuilders Ltd reported revenue of ₹2,943 Cr in the Jun 26 quarter, +12.1% year on year. For the full FY26 fiscal year, revenue was ₹13,006 Cr (+13.8%). Over the last 10 years revenue compounded at 12.3% a year. — as of 31 July 2026.
What is Mazagon Dock Shipbuilders Ltd's profit?
Mazagon Dock Shipbuilders Ltd earned ₹550 Cr of net profit in the Jun 26 quarter, +21.7% year on year — the 4th straight quarter of growth. Full-year FY26 profit was ₹2,578 Cr. The operating margin ran 15.0% in the latest quarter. — as of 31 July 2026.
What is Mazagon Dock Shipbuilders Ltd's market cap?
Mazagon Dock Shipbuilders Ltd's market capitalisation is ₹96,077 Cr at a share price of ₹2,382. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
What is Mazagon Dock Shipbuilders Ltd's P/E ratio?
Mazagon Dock Shipbuilders Ltd trades at a P/E of 33.6×, at the 59th percentile of its own 6-year range, against a long-run median of 29.1×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does Mazagon Dock Shipbuilders Ltd pay a dividend?
Yes — Mazagon Dock Shipbuilders Ltd's dividend payout was 28% of profit in FY26, and it recorded a payout in each of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.
Is Mazagon Dock Shipbuilders Ltd overvalued?
On its own history, Mazagon Dock Shipbuilders Ltd looks mid-range against its own history: its P/E of 33.6× sits at the 59th percentile of its 6-year range (long-run median 29.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.
Is Mazagon Dock Shipbuilders Ltd growing?
Yes — Mazagon Dock Shipbuilders Ltd is growing: latest-quarter revenue +12.1% year on year, profit +21.7%, and the margin +4.0 pp at 15.0%. The 10-year compound rates are 12.3% (revenue) and 15.8% (profit). The earnings engine currently reads: improving — as of 31 July 2026.
How is Mazagon Dock Shipbuilders Ltd performing?
Mazagon Dock Shipbuilders Ltd is in a downtrend, 4 weeks in. Its latest quarter's revenue rose 12.1% and profit rose 21.7% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 9 weeks. This describes what the data did, not a rating. — as of 31 July 2026.
What stage is Mazagon Dock Shipbuilders Ltd in?
Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 35.2% and holding. The read comes from the last 12 quarters of growth (revenue growth +13.9% latest, profit growth +31.5% latest, eps growth +31.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.
Is Mazagon Dock Shipbuilders Ltd in an uptrend?
No — the price is in a downtrend (week 4 of stage 4), trading −4.6% versus its 200-day average and at 27% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.
Is Mazagon Dock Shipbuilders Ltd beating the market?
Not lately — on a trailing-13-week view Mazagon Dock Shipbuilders Ltd is currently behind the NIFTY 500 (9 weeks and counting; last ahead the week of 2026-06-17), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 5.8 years the stock moved +2,734% against the NIFTY 500's +140% — ahead of the index over the full window. — as of 31 July 2026.
Will Mazagon Dock Shipbuilders Ltd's share price go up?
This page publishes no price forecast for Mazagon Dock Shipbuilders Ltd. What it measures instead: the share price is ₹2,382, the price is in a downtrend 4 weeks in. Its P/E of 33.6× sits at the 59th percentile of its own 6-year range. — as of 31 July 2026.
Who owns Mazagon Dock Shipbuilders Ltd?
Promoters hold 81.2% of Mazagon Dock Shipbuilders Ltd, foreign institutions 1.7%, domestic institutions 5.0% and the public 12.0% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 4.2 points over 8 quarters. — as of 31 July 2026.
Does Mazagon Dock Shipbuilders Ltd have too much debt?
No — Mazagon Dock Shipbuilders Ltd's debt-to-equity is 0.05, and operating profit covers the interest bill 32×. FY26 borrowings were ₹447 Cr against equity of ₹9,755 Cr. The returns on this page are earned, not borrowed — as of 31 July 2026.
What is Mazagon Dock Shipbuilders Ltd's capex?
Mazagon Dock Shipbuilders Ltd spent ₹1,523 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹812 Cr, with ₹245 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Mazagon Dock Shipbuilders Ltd's cash flow?
Mazagon Dock Shipbuilders Ltd generated ₹−2,891 Cr of operating cash flow in FY26 and ₹−3,703 Cr of free cash flow after ₹812 Cr of capital spending. Reported profit that year was ₹2,578 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Is Mazagon Dock Shipbuilders Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −2% of Mazagon Dock Shipbuilders Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−2,891 Cr against reported profit of ₹2,578 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 31 July 2026.
Where is Mazagon Dock Shipbuilders Ltd in its business cycle?
Mazagon Dock Shipbuilders Ltd's FY26 operating margin was 17.0%, against a 12-year band of 3.5%–18.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 15.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the Mazagon Dock Shipbuilders Ltd story?
The sharpest disagreement: profits are rising, but only −2% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.
Is Mazagon Dock Shipbuilders Ltd a stock worth studying right now?
This is not investment advice. The machine read: Mazagon Dock Shipbuilders Ltd's earnings have outrun its stock. EPS grew +7.0% in a year against a −12.5% price move. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.