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Fundamentals for Mazagon Dock Shipbuilders Limited
Business Operations:
Sector: IndustrialsIndustry: Aerospace & Defense
Mazagon Dock Shipbuilders Limited engages in building and repairing of ships, submarines, vessels, and related engineering products in India and internationally. It operates in two segments, Shipbuilding and Submarine. The company offers naval platforms, such as destroyers, conventional submarines, frigates, corvettes, missile boats, offshore patrol vessels, and floating border outposts. It also provides merchant ships comprising general cargo vessels, multipurpose support vessels, offshore supply vessels, tugs, dredgers, passenger cum cargo vessels, water tankers, barges, trawlers, and windmill towers and pontoons. In addition, the company offers offshore platforms and jack-up rigs for the oil sector. Further, it offers training ships, next generation offshore patrol vessels, and fast patrol vessels for coast guard ships. Additionally, the company provides AI products, such as remote operated vehicle, AI enabled phased array ultrasonic testing, and AI enabled computerized radiography. Mazagon Dock Shipbuilders Limited was formerly known as Mazagon Dock Limited and changed its name to Mazagon Dock Shipbuilders Limited in May 2015. The company was founded in 1774 and is based in Mumbai, India.
Revenue projections:
Investors may be wary of MAZDOCK as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 1.40400 |
|---|---|
| forwardPE | 30.34411 |
| debtToEquity | 4.48100 |
| earningsGrowth | 1.09000 |
| revenueGrowth | 0.21300 |
| grossMargins | 0.35751 |
| operatingMargins | 0.13505 |
| trailingEps | 64.07000 |
| forwardEps | 81.48204 |
Mazagon Dock Shipbuilders Limited's current ratio of 1.404 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as Mazagon Dock Shipbuilders Limited can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
MAZDOCK's positive earnings and revenue growth suggest that the company is poised for business expansion. This financial strength indicates that MAZDOCK is expected to continue growing, with rising profits and sales contributing to its long-term success.
MAZDOCK's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for MAZDOCK's financial growth.
Price projections:
The stock price of MAZDOCK has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Recommendation changes over time:
The recent buy bias for Mazagon Dock Shipbuilders Limited from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see Mazagon Dock Shipbuilders Limited as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
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