Mazagon Dock Shipbuilders Ltd. · NSE:MAZDOCK
Mazagon Dock Shipbuilders — Investor Presentation (March 2026)
29 slides from Mazagon Dock Shipbuilders's investor presentation, Mar 10, 2026
Slide 1: Stock exchange disclosure cover letter
12704102 ~;I~AKEiNINmA ~ sicp Ris1~o~s4 1~iPI≥.s (yin ~ ~5T ~~wq) Mazagon Dock Shipbuilders Ltd. (Formerly Mazagon Dock Limited) (A Govt. of India Undertaking) sizcIlJ f~, NI5I’Iig, R4-400 010 Dockyard Road, Mazagon, Mumbai -400010 Certified ISO 9001 Company - CIN : L35100MH1934G01002079 ~j~tf wjj~:
Slide 2: Investor Presentation Q3 / FY 2025-26
MAZAGON DOCK SHIPBUILDERS LIMITED (Government of India Enterprise, Ministry of Defence) INVESTOR PRESENTATION Q3 / FY 2025-26
Slide 3: Index
1s‘ MDL OVERVIEW > 2 FINANCIAL PERFORMANCE > HIGHLIGHTS 3 |= MAJOR EVENTS
Slide 4: MDL Overview
808 Vessels Delivered from 1960: 33 Warships from advanced Destroyer to Missile Boats, & 8 Submarines Frigate Project Kalvari Class MDL is the leading Shipyard Submarines Project for building 4 of the Nilgiri Delivered all 6 Class Stealth Frigates, 1st Ship was delivered on Submarines between 20th D
Slide 5: Journey and milestones
Commissioned 1st 1992 Starts Constructing Journey started with a Small Dry Dock 1934 Acquired by the Government of India 1972 submarines Destroyer, INS Delhi 2006 1774 Incorporated as a private company 1960 Delivered the 1st Frigate, INS Nilgiri 1984 Commissioned 1st Indian built Submarine, 1997 Awa
Slide 6: Key highlights of MDL
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: Infrastructure and 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: Product range
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: Standalone financial performance Q3
Revenue from operation (₹ in Cr) Total Income (₹ in Cr) EBITDA (₹ in Cr) 4000 5000 1200 4000 1150 3000 1100 3000 1050 2000 3601 3144 2000 3863 1000 1149 2929 3434 1108 3205 1000 950 1000 900 971 0 0 850 Q3 2024-2025 Q2 2025-2026 Q3 2025-2026 Q3 2024-2025 Q2 2025-2026 Q3 2025-2026 Q3 2024-2025 Q2 202
Slide 10: Consolidated financial performance Q3
Revenue from operation (₹ in Cr) Total Income (₹ in Cr) EBITDA (₹ in Cr) 4000 5000 1200 1150 4000 3000 1100 3000 1050 2000 1149 3601 1000 3144 2000 3863 2929 3434 1108 1000 3200 950 1000 965 900 0 0 850 Q3 2024-2025 Q2 2025-2026 Q3 2025-2026 Q3 2024-2025 Q2 2025-2026 Q3 2025-2026 Q3 2024-2025 Q2 202
Slide 11: Standalone nine-month financial performance
Revenue From Operation (₹ in Cr) EBITDA (₹ in Cr) Total Income (₹ in Cr) 9000 10500 3000 7500 9000 2500 6000 7500 2000 4500 9156 6000 1500 8257 2806 2745 4500 9093 10017 3000 1000 3000 1500 500 1500 0 0 0 Q3 2024-2025 Q3 2025-2026 Q3 2024-2025 Q3 2025-2026 Q3 2024-2025 Q3 2025-2026 PBT (₹ in Cr) PAT
Slide 12: Consolidated nine-month financial performance
Revenue From Operation (₹ in Cr) Total Income (₹ in Cr) EBITDA (₹ in Cr) 10500 3000 9000 9000 2500 7500 7500 2000 6000 6000 4500 9156 10012 1500 2795 2739 8257 4500 9082 3000 3000 1000 1500 1500 500 0 0 0 Q3 2024-2025 Q3 2025-2026 Q3 2024-2025 Q3 2025-2026 Q3 2024-2025 Q3 2025-2026 PBT (₹ in Cr) PAT
Slide 13: Order book
Nos. Project Nos. Client Balance (Pending to Shipbuilding Types Particulars Value (Contracted) (INR Cr) be (INR Cr) delivered) P15B Destroyers 28,745 04 MOD 1,441 0 Shipbuilding P17A Stealth Frigates 27,254 04 MOD 9,911 01 ICGS (CTS,NGOPV,FPV) 2,849 21 MOD 2,765 21 P17A Stealth Frigates NAVI Multipu
Slide 14: Dividend distribution
DIVIDEND DISTRIBUTION DIVIDEND DECLARED DURING FY 2025-2026 DIVIDEND PAID DURING FY 2025-2026 Second Interim Dividend of Rs. 302.535 Cr i.e Rs. 7.5 per equity share for FY 2025-26 Second Interim Dividend of Rs. 121.01 Cr i.e Rs. 3.00 per share for FY 2024-25 The last 5 years dividend distributio
Slide 15: Diwali Mela for Self-Help Groups
Mazagon Dock Shipbuilders Limited (MDL) hosted a Diwali Mela for Self-Help Groups (SHGs) on October 8th 2025, as part of its Vigilance Awareness Campaign. The event provided a platform for SHGs to sell products and aimed to support their economic empowerment and raise awareness.
Slide 16: MoU with Naval Group, France
MDL signed an exclusive MoU with Naval Group, France for offering the evolved Scorpene submarines to a friendly country for its ongoing submarine acquisition program
Slide 17: Teaming Agreement with Swan Defence
At IMMW 2025 in Mumbai, MDL signed a “Teaming Agreement” with Swan Defence and Heavy Industries to collaborate on the design and construction of Landing Platform Docks for the Indian Navy. This strategic partnership reinforces #AatmanirbharBharat through a strong public–private synergy in defence sh
Slide 18: Keel laying of 2nd Fast Patrol Vessel
Keel Laying Ceremony for the 2nd Fast Patrol Vessel (FPV) (YARD-16502) for Indian Coast Guard (ICG) on 30th Oct’2025
Slide 19: Regional Defence MSME Conclave in Jammu
MDL in Collaboration with Society of Indian Defence Manufacture (SIDM),CII under the aeigis of DDP, MOD conducted Regional Defence MSME Conclave in Jammu on 30th Oct’2025
Slide 20: NAMAN Car Rally
MDL had the honour of hosting the NAMAN Car Rally, celebrating the commissioning of INS ‘UDAYGIRI’ built by MDL being the 100th warship designed by the Warship Design Bureau of the Indian Navy The rally saluted India’s maritime legacy and the vision of #AatmanirbharBharat.
Slide 21: Plate cutting of 5th Fast Patrol Vessel
Plate Cutting ceremony for the 5th Fast Patrol Vessel (FPV) YARD -16505 for Indian Coast Guard (ICG) on 30th Oct’2025
Slide 22: Keel laying of Multi Purpose Vessel
Keel Laying Yard-21002 (Project MPV-06 Multi Purpose Vessel) on 17th Nov’2025
Slide 23: Delivery of Taragiri frigate
Delivery of Third Stealth Frigate of P17A Class ‘TARAGIRI’ to Indian Navy on 28th Nov’2025
Slide 24: ISO/IEC 27001:2022 accreditation
MDL has been accredited for ISO/IEC 27001:2022 Information Security Management System under the visionary leadership of Mr. Ruchir Agrawal, Director (Finance) by Indian Register Quality Systems
Slide 25: Second reading of INS Imphal
Second Reading of D448 INS ‘IMPHAL’ Third Destroyer under P15B was signed on 9th Dec’2025
Slide 26: Trilateral MoU with Indian and Brazilian Navy
MDL joined the Indian Navy and Brazilian Navy in signing a trilateral MoU for structured exchange of information on maintenance of Scorpene-Class submarines and other military ships
Slide 27: Special Vendor Development Programme
Under the visionary leadership of Capt. Jagmohan, CMD & guidance of Shri. Biju George, Director (Shipbuilding), Shri. Hare Ram Singh, GM( Material) conducted Special Vendor Development Programme for SC/ST & Women MSE suppliers at MDL.
Slide 28: Best Healthcare Support Initiative award
MDL has been awarded the ‘Best Healthcare Support Initiative of the Year’ at Indian Social Impact Awards 2025 in New Delhi.
Slide 29: Thank You
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