Mazagon Dock Shipbuilders Limited
Financial trend (91/100) does the heavy lifting; momentum (24/100) is the drag.
Buy zoneStocksWizard rates Mazagon Dock Shipbuilders Limited a Buy, scoring 71/100 on our blended model. At ₹2,339 it trades below our blended DCF and relative-multiples fair value of ₹2,835.36, about 21% upside to that estimate — we read it as undervalued by 21%. On 35.8x trailing earnings it sits cheaper than the Capital Goods median of about 54.6x. The price is about 21% below its 52-week high of ₹2,973.1 and 13% above the low of ₹2,061.48. Financial health scores 80/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹2,751.18 implies about 18% upside across 11 analysts. It clears 8 of 13 investability checks, with durability 82, valuation 71 and momentum 24 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹2,268.29.
Analyst views
1-year price
EOD · 2026-09-1452-week range
-21.33% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Buy71Piotroski F-score 4/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 28.8%
- Pass: Low debt (D/E < 0.5): 0.04x
- Fail: Positive free cash flow
- Pass: Revenue growth > 10%: 21%
- Pass: Earnings growing: 109%
- Pass: Net margin ≥ 10%: 19.9%
- Fail: Current ratio > 1.5: 1.40
- Pass: Below our fair value
- Pass: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 4.2
- Fail: Piotroski ≥ 7: 4/9
Quarterly results
Annual financials
Shareholding
- Promoter81.2%
- Institutions5.9%
- Public & other12.8%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Strong return on equity (28.8%).
- Lightly leveraged balance sheet.
- Healthy profit margin (19.9%).
- Financially solid — Altman Z 4.2.
Opportunities
- Earnings growing (109% YoY).
- Revenue growing (21% YoY).
- Trading in our value buy zone versus sector peers.
- Trades ~21% below our estimated fair value.
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
About Mazagon Dock Shipbuilders Limited
Mazagon Dock Shipbuilders Limited builds and repairs ships, submarines, and vessels in India and internationally through two operating segments: Shipbuilding, and Submarine and Heavy Engineering. The company produces naval platforms including destroyers, conventional submarines, frigates, corvettes, missile boats, offshore patrol vessels, and floating border outposts.
Mazagon Dock Shipbuilders Limited — frequently asked questions
Is Mazagon Dock Shipbuilders Limited a buy, hold or sell?
StocksWizard currently rates Mazagon Dock Shipbuilders Limited (MAZDOCK) a Buy, based on a blended score of 71/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Mazagon Dock Shipbuilders Limited's fair value?
Our blended DCF and relative-valuation model estimates Mazagon Dock Shipbuilders Limited's fair value at about ₹2,835.36, versus a current price of ₹2,339 — roughly 21% upside. On that basis the stock looks undervalued by 21%.
Is Mazagon Dock Shipbuilders Limited financially healthy?
Mazagon Dock Shipbuilders Limited scores 80/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.
How has Mazagon Dock Shipbuilders Limited's share price performed?
Mazagon Dock Shipbuilders Limited is down 4% over three months, and last traded at ₹2,339. Past performance doesn't predict future returns.
More in Capital Goods
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.