Mazagon Dock Shipbuilders Limited (MDL), a prominent player in India's shipbuilding industry, has announced an interim dividend for its shareholders. The company's Board of Directors, in a meeting held on October 27, 2025, approved an interim dividend of Rs 6 per equity share for the financial year 2025-26.

Dividend Details

• Dividend Amount: Rs 6 per equity share
• Face Value: Rs 5 per share
• Record Date: November 4, 2025
• Payment Deadline: November 26, 2025

This dividend declaration comes as part of the company's financial results for the quarter and half-year ended September 30, 2025.

Financial Performance Highlights

MDL has reported robust financial results for the second quarter of FY 2025-26:

The company has shown significant growth in its net profit, with a 26.89% year-on-year increase, demonstrating strong operational performance.

Dividend Taxation

Shareholders should note that as per the Income Tax Act, 1961, dividends are taxable in the hands of recipients. MDL will deduct tax at source (TDS) from the dividend amount as applicable. The company has provided detailed guidelines for various categories of shareholders regarding TDS rates and required documentation.

Investor Considerations

• Shareholders on record as of November 4, 2025, will be eligible to receive this dividend.
• The ex-dividend date is likely to be November 3, 2025 (subject to stock exchange notifications).
• Investors should consult their tax advisors regarding the tax implications of this dividend income.

Mazagon Dock Shipbuilders Limited continues to be a key player in India's defense manufacturing sector, with its financial performance indicating resilience and growth in the current fiscal year.

Investors and market participants are advised to monitor further announcements from the company for any additional insights into its operational and financial strategies.

Mazagon Dock Shipbuilders Ltd (MDL), a leading defense public sector undertaking, has reported a strong financial performance for the second quarter, demonstrating significant growth across key financial metrics.

Financial Highlights

MDL's consolidated net profit for Q2 rose to ₹749.48 crore, marking a substantial 28.10% increase from ₹585.08 crore in the same quarter of the previous fiscal year. This robust growth in profitability underscores the company's operational efficiency and strong order book execution.

Revenue and Operational Performance

The company's revenue from operations saw a healthy increase of 6.25%, reaching ₹2,929.24 crore in Q2, up from ₹2,756.83 crore in the corresponding quarter of the previous year. This growth in revenue indicates MDL's continued success in project execution and delivery of naval vessels.

Profitability and Margins

MDL's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter stood at ₹694 crore, representing a significant jump of 36.08% from ₹510 crore in the corresponding quarter of the previous year. The EBITDA margin expanded impressively by 519 basis points, from 18.52% to 23.71%, reflecting enhanced operational efficiency and cost management.

Interim Dividend Declaration

In a move that will benefit shareholders, the Board of Directors has declared an interim dividend of ₹6 per equity share with a face value of ₹5 each. The record date for this dividend has been set as November 4, with the payment expected to be completed by November 26.

Outlook

The strong financial performance of Mazagon Dock Shipbuilders in Q2 reflects its robust order book and efficient project execution. As a key player in India's naval defense manufacturing sector, MDL's growth aligns with the country's focus on indigenous defense production and the 'Make in India' initiative.

Investors and market observers may view this performance as indicative of MDL's strong positioning in the defense manufacturing sector and its potential for sustained growth in the coming quarters.