Mazagon Dock Shipbuilders Ltd - Company Profile
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Mazagon Dock Shipbuilders Ltd (MDS) is a shipbuilding and offshore fabrication yard. The company’s major activities include shipbuilding, ship repairs and fabrication of offshore structures. It provides warships, merchant ships, submarines, support vessels, offshore platforms, passenger cum cargo vessels, trawler, main and barges. MDS is also engaged in the construction of destroyers, frigates, missile boats, corvettes, submarines and patrol vessels for the defense sector. The company offers its products and services to wide customer base, including the Indian Navy, the Indian coast guard . MDS is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Dockyard Road, Mazagon, Mumbai, Maharashtra, 400010
Website
www.mazagondock.in
No of Employees
5,514
Industry
Aerospace and Defense
Ticker Symbol & Exchange
MAZDOCK (NSE)
Revenue (2023)
$997.5M
36.5%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
83.2%
(2023 vs 2022)
Market Cap*
$5.3B
Net Profit Margin (2023)
XYZ
34.3%
(2023 vs 2022)
* As of and is in US$
Mazagon Dock Shipbuilders Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Naval Ships | Installation |
| Submarines | Designing of Ships |
| Lottoral Combat Ships | Engineering |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Commercial Operation | In September, the company announced launch of the fourth Stealth Frigate of Project 17A ‘MAHENDRAGIRI. |
| 2023 | Contracts/Agreements | In July, the company and thyssenkrupp Marine Systems teamed up for the overhaul and modernization of the Indian submarine INS SHANKUSH. |
| 2023 | Contracts/Agreements | In June, the company entered into an agreement with Ministry of Defence for the INS Shankush submarine's medium refurbishment and life certification. |
Competitor Comparison
| Key Parameters | Mazagon Dock Shipbuilders Ltd | Garden Reach Shipbuilders & Engineers Ltd | Cochin Shipyard Ltd | Goa Shipyard Ltd | Bharati Defence And Infrastructure Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Kolkata | Kochi | Vasco -Da -Gama | Mumbai |
| State/Province | Maharashtra | West Bengal | Kerala | Goa | Maharashtra |
| No. of Employees | 5,514 | 1,748 | 1,883 | 1,287 | 334 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sanjeev Singhal | Managing Director; Director; Chairman; Director - Finance; Chief Financial Officer | Executive Board | 2023 | - |
| Vasudev Puranik | Director - Corporate Planning and Personnel; Director | Executive Board | 2022 | - |
| Jasbir Singh | Director - Submarine & Heavy Engineering; Director | Executive Board | 2019 | - |
| Biju George | Director - Ship Building; Director | Executive Board | 2021 | - |
| Rajeev Pillai | General Manager - SB-Works | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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