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Mazagon Dock Shipbuilders, a renowned government-owned company, has gained attention not only for its quarterly results but also for rewarding its investors with dividends. In this article, we will delve into the details of this remarkable government enterprise, which offers multi-bagger returns, and explore its recent announcement of dividends for its shareholders. Let’s navigate through the name and specifics of Mazagon Dock Shipbuilders, highlighting its financial achievements and potential for investors.

The Q4 results of Mazagon Dock Shipbuilders have been highly impressive, showcasing substantial growth in profit. The company’s profit for Q4FY23 reached INR 326 crore, a significant increase compared to INR 159 crore in Q4FY22. Moreover, Mazagon Dock has witnessed a surge in its annual income, which has risen from INR 1,396 crore to INR 2,079 crore. These financial achievements reflect the company’s robust performance and its ability to deliver consistent results.

3. Dividend Announcement

Mazagon Dock Shipbuilders has recently announced a final dividend for its investors, adding to the interim dividend paid for FY23. The final dividend stands at INR 6.86 per share, providing additional value to shareholders who have put their trust in the company. This announcement further solidifies Mazagon Dock’s commitment to rewarding its investors and sharing its success.

Stock Performance

The performance of Mazagon Dock’s shares in the stock market has been noteworthy. Presently, the company’s shares are trading at INR 837.55 on the NSE. The 52-week high for Mazagon Dock stands at INR 936.40, demonstrating the company’s ability to achieve significant growth in a relatively short period. Conversely, the 52-week low is INR 229.45, illustrating the stability and resilience of the company’s stock. Remarkably, Mazagon Dock has delivered an exceptional return of 193.31% to its investors over the past year, making it an attractive option for those seeking lucrative investment opportunities.

  • Market Cap: The market capitalization of Mazagon Dock stands at INR 16,898 Crore, highlighting its significant presence in the market.
  • Current Price: The current trading price of Mazagon Dock’s shares is INR 837, reflecting its market valuation.
  • Stock P/E: The stock price-to-earnings (P/E) ratio is 15.8, indicating the market’s confidence in the company’s earnings potential.
  • Book Value: The book value per share is INR 207, indicating the intrinsic value of the company’s assets.
  • Dividend Yield: Mazagon Dock offers a dividend yield of 1.09%, providing investors with a steady stream of income.
  • ROCE and ROE: The return on capital employed (ROCE) stands at an impressive 38.2%, reflecting the company’s efficient utilization of its capital. The return on equity (ROE) is 28.6%, showcasing the profitability of the company in relation to shareholders’ investments.
  • Face Value: The face value of Mazagon Dock’s shares is INR 10.0, indicating the nominal value of each share.
  • Profit after Tax: The profit after tax for Mazagon Dock is INR 1,073 Crore, underscoring the company’s financial success.
  • 3-Year ROE and Profit Variation: Over the past three years, Mazagon Dock has maintained a healthy ROE of 23.3% and experienced a profit variation of 37.2%, showcasing its consistency and adaptability.
  • Promoter Holding: The promoter holding in Mazagon Dock is 84.8%, indicating the commitment of the company’s promoters to its success.
  • EV/EBITDA: The enterprise value (EV) to earnings before interest, taxes, depreciation, and amortization (EBITDA) ratio is 2.39, providing insights into the company’s valuation in relation to its earnings.
  • Debt and Debt-to-Equity Ratio: Mazagon Dock has a negligible amount of debt, with only INR 6.04 Crore, and a debt-to-equity ratio of 0.00, signifying its strong financial position.

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