Results - Announcements
Mazagon Dock Shipbuilders Ltd share price ticked higher by 0.91% to Rs 1879.0. The Company's net profit plunged by 41.82% to Rs 297.91 crore, while revenue from operations declined 16.88% to Rs 2446.09 crore in Q3FY26 over Q2FY26.
The market capitalization of Ship Building & Allied Services industry group stocks on BSE stood at Rs 1.43 lakh crore, tumbling by 19.03%. It has slipped by 8.60% over last one week and crashed 16.21% in last one month while the market capitalization of Mazagon Dock Shipbuilders Ltd has eased by 8.52% and 18.59% in the same period respectively.
Profit before tax (PBT) of Mazagon Dock Shipbuilders Ltd stood at Rs 399.45 crore in Q3 FY26, nosediving by 57.23% year-on-year, and plunging by 41.81% quarter-on-quarter. EBITDA came in at Rs 52 crore, crashing by 112.24% YoY and tanking 133.72% sequentially.
Total expenses slightly declined by 9.83% to Rs 2276.76 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 649.18 crore, registering a fall of 31.60% YoY, while employee benefits expense was at Rs 251.9 crore, collapsing by 12.87% YoY.
For the TTM ended FY26, revenue from operations advanced 13.77% to Rs 13006.31 crore, while net profit grew slightly 6.35% to Rs 2421.88 crore, compared to previous TTM. EBITDA jumped by 95826% to Rs 1121.15 crore, and PBT inched up 5.72% to Rs 3236.79 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 2890.72 crore in FY26, as against Rs 2078.05 crore in FY25.
Mazagon Dock Shipbuilders Ltd tumbled by 33.14% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.18% during the same period.