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.

Mazagon Dock Shipbuilders Ltd (MDL), a prominent player in India's shipbuilding industry, is set to release its financial results for the second quarter and half-year ended September 30, 2025. The company has scheduled the announcement for Monday, October 27, with an earnings call to follow on October 28.

Key Highlights

• Results Announcement: Q2 and half-year financial results to be released on October 27, 2025
• Dividend Consideration: Board to consider declaring the first interim dividend for FY 2025-26
• Earnings Call: Scheduled for October 28 at 4:30 p.m. IST
• Trading Window: Remains closed until October 29

Financial Performance

While investors await the Q2 results, it's worth noting the company's performance in the previous quarter:

Stock Performance

MDL's stock has shown mixed performance recently:

• Past Month: Declined 4.31%
• Year-to-Date: Gained 25.39%
• Current Trading Price: ₹2,813.60 on the NSE

Investor Earnings Call

The company has announced an investor earnings call, organized by Nirmal Bang Institutional Equities, scheduled for Tuesday, October 28, 2025, at 16:30 hours. This call provides an opportunity for investors and analysts to gain insights into the company's performance and future outlook.

Key management representatives participating in the call include:

• Capt. Jagmohan (Retd.) - Chairman and Managing Director
• Shri. Biju George - Director (Shipbuilding)
• Cdr. Vasudev Puranik, IN (Retd.) - Director (Corporate Planning & Personnel)
• Shri. Ruchir Agrawal - Director (Finance)

Interested participants can register for the call using the link provided in the company's official communication.

As Mazagon Dock Shipbuilders prepares to release its Q2 results, investors and market watchers will be keen to see how the company has performed, especially in light of the challenges faced in the previous quarter. The consideration of an interim dividend adds an element of anticipation for shareholders.

The upcoming earnings announcement and call may provide valuable insights into the company's operational efficiency, order book status, and strategic initiatives in the dynamic shipbuilding sector.