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Kumar Satyam

1st May · SEBI-Registered Analyst

Mazagon Dock Shipbuilders: Strong Order Book & Strategic Expansion

Key Highlights • Order Book: ₹20,535 Cr (as of March 31, 2026) • Revenue (FY26): ₹12,839.6 Cr • Net Profit (FY26): ₹2,435.77 Cr • Dividend Payout: ₹730.92 Cr Strategic Developments • Acquired 51% stake in Colombo Dockyard PLC (~₹236.95 Cr) • Strengthens international footprint and shipbuilding capabilities Operational Strength • Delivered 808 vessels since 1960 – 33 warships – 8 submarines • Key projects: – Kalvari Class Submarines (2017–2025) – Nilgiri Class Stealth Frigates • INS Taragiri commissioned (April 2026) Certifications & ESG • Achieved ISO/IEC 27001:2022 (information security) • CSR focus: – Healthcare (70%) – Education (16%) Why It Matters Strong order book and execution track record provide long-term revenue visibility, while global expansion enhances growth potential. Learning Outcome For defence PSUs, order book strength and execution capability are key indicators of future earnings stability.

MAZDOCK

#StockInNews#FundamentalViews
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