Mazagon Dock Shipbuilders stock
MAZDOCK.NSNSEMazagon Dock Shipbuilders Limited, IndustrialsISIN INE249Z01020
58Score 58 out of 100, Neutral
Price and trend
43 / 100
Price history
−31% in one yearThe chart shows daily closes over 6 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 19% below it.
Since November 2025 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 55).
The price is 32% below its 52-week high. Largest decline in 6 years: 55% (May 2025 to October 2026).
Chart figures for advanced users
- SMA 50$22.17
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$25.05
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)55
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$18.13
- The lowest closing price of the last twelve months.
- Resistance$29.77
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Mazagon Dock Shipbuilders Limited belongs to the Aerospace & Defense industry (India) and, with a market value of $8.18B, is number 54 of 114 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $1.38B (up 13.8% year on year) and earnings of $274.58M (up 7%).
- For fiscal 2027, analysts expect on average revenue of $1.38B (down 0.5%) and adjusted earnings per share of $0.64 (down 11.6%).
Show more
- MEQIRI Score 58 out of 100 (Neutral): rank 616 of 1018 in Industrials, median 61.
- The P/E is 31.4 (Aerospace & Defense median 29.1, own median of recent years 16.4).
- Our model puts fair value at $10.90, with the price 86% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 38.1% a year since 2021.Growth 76
- Growing faster than its industryRevenue up 26.3% a year since 2021, Aerospace & Defense median 14.4%.Growth 76
- More cash than debtCash $1.24B, financial debt $86.18M.Stability 83
Weaknesses
- Above fair valuePrice 86% above the fair value of $10.90.Valuation 30
- Negative free cash flowFree cash flow −$255.86M over the last 12 months.Fundamentals 58
Its standout strengths are stability and growth, while valuation and momentum hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $7.79 and expensive above $18.17 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $3.01 (cash-flow model) and $18.79 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 13.9%. At 14.9% the fair value would be $10.69, at 12.9% it would be $11.19.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (29.1).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 8.1% on the twelve months before. Revenue has grown strongly since 2013, at around 14% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 27%, operating 17%, net 20%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 5 Feb 2027in 84 days
- Last reported
- 27 Oct 2026EPS reported $0.09 (expected $0.15)below expectations
Analyst estimates
Analysts have cut their 2028 earnings estimate by 10.6% since 26 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $0.64−10.5%
- Revenue
- $1.38B−5.4%
- Earnings per share
- $0.67−10.6%
- Revenue
- $1.36B−8.3%
MEQIRI has stored the estimates since 26 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Mazagon Dock Shipbuilders
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
1018 rated companies in Industrials
- This company
- 58
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Aerospace & Defense
The next larger and next smaller companies by market value
- Leonardo DRSDRS $9.51B62
- StandardAeroSARO $9.05B59
- CAECAE $9.02B57
- AVIC Airborne Systems600372.SS $8.22B42
- Korea Aerospace Industries047810.KS $7.82B44
- Loar HoldingsLOAR $7.03B58
- Hanwha Systems272210.KS $6.88B38
- China Aerospace Times Electronics600879.SS $6.61B31
ETFs that hold Mazagon Dock Shipbuilders
Held by 2 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingVFEA | 0.02% | 0.17% | €5.24B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 24 Apr 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.