Mazagon Dock Shipbuilders Ltd. · NSE:MAZDOCK
Mazagon Dock Shipbuilders — H1 FY2025-26 Earnings Presentation
21 slides from Mazagon Dock Shipbuilders's earnings presentation, Oct 27, 2025
Slide 1: Stock exchange disclosure letter
12704102 MAKEININDIA ~v —w ~ ‘-ii~jqjg sTe F~I’il~es4 I~iI4≥c ti~mii 31T ~q~) Mazagon Dock Shipbuilders Ltd. (Formerly Mazagon Dock Limited) (A Govt. of India Undertaking) sT~niii t~, 41154111% ~W-400 010 Dockyard Road, Mazagon, Mumbai -400 010 Certified ISO 9001 Company - CIN: L35100MH1934G01002079
Slide 2: Investor Presentation Half Yearly FY 2025-26
MAZAGON DOCK SHIPBUILDERS LIMITED (Government of India Enterprise, Ministry of Defence) INVESTOR PRESENTATION HALF YEARLY FY 2025-26
Slide 3: Index
INDEX MDL OVERVIEW FINANCIAL PERFORMANCE HIGHLIGHTS MAJOR EVENTS
Slide 4: Kalvari Class Only 807 Vessels
807 Vessels Delivered from 1960: 32 Warships from advanced Destroyer to Missile Boats, & 8 Submarines Frigate Project Kalvari Class Submarines Project MDL is the lead shipyard for building 4 of the Nilgiri Class Delivered all 6 Stealth Frigates, first ship Submarines between was delivered on Decembe
Slide 5: Journey started with a Small Dry Dock
Starts Constructing Commissioned 1st Journey started with a Small Dry Dock 1934 Acquired by the Government of India 1972 submarines 1992 Destroyer, INS Delhi 2006 1774 Incorporated as a 1960 Delivered the 1st Frigate, INS Nilgiri 1984 Commissioned 1st Indian built Submarine, 1997 Awarded Mini Ratna
Slide 6: Only Public Sector Defence Shipyard Constructing Destroyers & Submarines
1 • Only Public Sector Defence Shipyard Constructing Destroyers & Submarines • World Class Infrastructure 2 • Capacity of building 11 Submarines & 10 War Ships concurrently • Strategically Located 3 • Healthy Order Book • Indigenization of Warships • Despite Covid Pandemic & associated shortage of o
Slide 7: Shipbuilding and Submarine Division Facilities
Shipbuilding Division: Submarine Division: 3 Dry Docks, 3 Wet Basins, 3 Big Fabrication Shops Slipways, 6 Small Slipways Sub-section Assembly & Section formation Production, Assembly & Electrical Shops Shops 300 Tonne Goliath Crane Cradle Assembly Shop for equipment outfitting Shor
Slide 8: Naval Platforms, Merchant Ships and Oil Sector
Naval Platforms Merchant Ships/Others Oil Sector Destroyers General Cargo Vessel Conventional Submarines Multipurpose Support Vessel Offshore Platforms Frigates Offshore Supply vessel Jack-up rigs Corvettes Tugs Dredgers Sub Sea Pipe Laying Project Missile Boat Passenger
Slide 9: Quarterly Performance (Standalone) Q2 of FY 2025-26
QUARTERLY PERFORMANCE (STANDALONE) Q2 OF FY 2025-26 Revenue from operation (Rs in Cr) Total Income (Rs in Cr) EBITDA (Rs in Cr) 3,500 3,500 1,200 3,000 3,000 1,000 2,500 12% 2,500 9% 55% 800 2,000 2,000 600 1,500 2929 1,500 3,026 3205 - - 2,757 - 2,949 971 2,626 1,000 -5% -3% 400 779 1,000 -20% 625
Slide 10: Quarterly Performance (Consolidated) Q2 of FY 2025-26
QUARTERLY PERFORMANCE (CONSOLIDATED) Q2 OF FY 2025-26 Revenue from operation (Rs in Cr) Total Income (Rs in Cr) EBITDA (Rs in Cr) 3500 3500 1200 3000 3000 1000 54% 2500 12% 2500 9% 800 2000 2000 2949 600 965 1500 2929 1500 3015 3200 - 625 - 2757 2626 - 1000 -2% 400 -19% -5% 1000 768 500 500 200 0 0
Slide 11: Half Yearly Performance (Standalone) FY 2025-26
HALF YEARLY PERFORMANCE (STANDALONE) FY 2025-26 Revenue From Operation (₹ in Cr) Total Income (₹ in Cr) EBITDA (₹ in Cr) 8000 8000 3000 6000 6000 2000 4000 4000 1596 5555 5659 6155 1000 5114 1698 2000 2000 0 0 0 H1 2024-2025 H1 2025-2026 H1 2024-2025 H1 2025-2026 H1 2024-2025 H1 2025-2026 PBT (₹ in
Slide 12: Half Yearly Performance (Consolidated) FY 2025-26
HALF YEARLY PERFORMANCE (CONSOLIDATED) FY 2025-26 Revenue From Operation (₹ in Cr) Total Income (₹ in Cr) EBITDA (₹ in Cr) 8000 7500 4000 6000 6000 3000 4500 4000 2000 3000 5648 6149 5114 5555 2000 1500 1000 1687 1591 0 0 0 H1 2024-2025 H1 2025-2026 H1 2024-2025 H1 2025-2026 H1 2024-2025 H1 2025-202
Slide 13: Order Book: Shipbuilding and Submarine & Heavy Engineering
Nos. Shipbuilding Project Value Nos. Client Balance (Pending to Types Particulars (INR Cr) (Contracted) (INR Cr) be delivered) P15B Destroyers 28,734 04 MOD 2,174 0 Shipbuilding P17A Stealth Frigates 27,251 04 MOD 11,492 02 ICGS (CTS,NGOPV,FPV) 2,849 21 MOD 2,815 21 P17A Stealth Frigates Multipurpos
Slide 14: Second stealth Frigate Udaygiri delivered to Indian Navy
MDL delivered second stealth Frigate of P17A Class Udaygiri to Indian Navy 01st July, 2025.
Slide 15: Keel for first NGOPV for ICG
Keel for the 1st Next generation offshore Patrol Vessel of NGOPV for ICG on 22nd July, 2025.
Slide 16: Second Reading of D448 Mormugao
Second Reading of D448 MORMUGAO as on 22nd July, 2025.
Slide 17: Celebration of 79th Independence Day
Celebration of 79th Independence Day on 15th August, 2025.
Slide 18: Commencement of Production for 4th NGOPV for ICG
Commencement of Production for 4th Vessel of Next generation offshore Patrol Vessel for ICG on 20th August, 2025.
Slide 19: Udaygiri Commissioned on 26th August 2025
Udaygiri second ship under Project 17A Commissioned on 26th August,2025.
Slide 20: MoU with Tamil Nadu for greenfield shipyard
MDL signed an MoU with Guidance, Tamil Nadu for exploring development of a world class greenfield shipyard in the Eastern coast under the GoI vision of Maritime Amritkaal Vision 2047 on 19th September, 2025.
Slide 21: Thank You
Mazagon Dock Shipbuilders — H1 FY2025-26 Earnings Presentation on 6ix