MAZDOCK - Fundamental Analysis: Financial Health & Valuation
Back to ListFundamental Rating: 4.2
| Stock Code | MAZDOCK | Market Cap | 1,10,252 Cr. | Current Price | 2,733 ₹ | High / Low | 3,778 ₹ |
| Stock P/E | 45.3 | Book Value | 219 ₹ | Dividend Yield | 0.63 % | ROCE | 41.3 % |
| ROE | 30.4 % | Face Value | 5.00 ₹ | DMA 50 | 2,483 ₹ | DMA 200 | 2,546 ₹ |
| Chg in FII Hold | -0.07 % | Chg in DII Hold | -0.28 % | PAT Qtr | 464 Cr. | PAT Prev Qtr | 837 Cr. |
| RSI | 67.4 | MACD | 103 | Volume | 21,35,637 | Avg Vol 1Wk | 24,30,914 |
| Low price | 2,057 ₹ | High price | 3,778 ₹ | PEG Ratio | 1.44 | Debt to equity | 0.00 |
| 52w Index | 39.3 % | Qtr Profit Var | 41.9 % | EPS | 60.4 ₹ | Industry PE | 42.7 |
📊 Mazagon Dock Shipbuilders (MAZDOCK) demonstrates strong fundamentals with a market cap of ₹1,10,252 Cr. and current price of ₹2,733, trading above both its 50 DMA (₹2,483) and 200 DMA (₹2,546), reflecting bullish momentum. Efficiency metrics are excellent — ROE at 30.4% and ROCE at 41.3% — supported by EPS of ₹60.4. Valuation is slightly expensive with a P/E of 45.3 compared to the industry average of 42.7, while PEG ratio at 1.44 suggests moderate growth-adjusted valuation. Debt-to-equity at 0.00 highlights a debt-free balance sheet. Quarterly PAT declined (₹837 Cr → ₹464 Cr), showing earnings volatility. Technical indicators (RSI 67.4, MACD positive) suggest strong momentum, though institutional flows are negative (FIIs -0.07%, DIIs -0.28%).
💡 Entry Zone: ₹2,600–₹2,650 (near DMA support)
📈 Long-Term Holding: Attractive for long-term investors given strong fundamentals, debt-free status, and sector demand. Accumulation on dips below ₹2,650 offers favorable risk-reward.
✅ Positive
- Strong ROE (30.4%) and ROCE (41.3%) highlight efficiency
- Debt-free balance sheet (Debt-to-equity 0.00)
- EPS of ₹60.4 supports earnings visibility
- Stock trading above DMA 50 and DMA 200, showing bullish structure
⚠️ Limitation
- Valuation slightly expensive (P/E 45.3 vs industry 42.7)
- Quarterly PAT decline (₹837 Cr → ₹464 Cr) shows volatility
- Institutional investors reduced holdings (FIIs -0.07%, DIIs -0.28%)
- RSI at 67.4 indicates near overbought conditions
📉 Company Negative News
- Profit decline in recent quarter
- Reduced institutional participation
📈 Company Positive News
- Strong efficiency metrics with high ROE and ROCE
- Debt-free balance sheet enhances financial stability
- Technical indicators (MACD positive) support momentum
🏭 Industry
- Shipbuilding and defense sector trades at P/E 42.7, making MAZDOCK slightly expensive but justified by strong fundamentals
- Sector outlook remains positive with government defense contracts and infrastructure expansion
🔎 Conclusion
MAZDOCK is fundamentally strong with excellent efficiency, debt-free balance sheet, and bullish technicals. Entry near ₹2,600–₹2,650 offers a favorable accumulation zone. Long-term investors can hold confidently, though near-term volatility may persist due to profit moderation and institutional outflows.