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.
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.
Read this also :
- Sona Blw share price target 2023 2024 2025 2026 2030
- NHPC Share Price Target 2023, 2024, 2025, 2026, 2030
- Affle India Share Price Target 2023, 2024, 2025, 2026, 2030
- ITC Share Price Target 2023, 2024, 2025, 2026, 2030
- Paytm Share Price Target 2023, 2024, 2025, 2026, 2030
- How to Use Chat GPT for Stocks Trading: A Comprehensive Guide
- Option Trading Strategies – 5 Profitable Options Trading Strategies
- Yes bank Share Price Target 2023, 2024, 2025, 2030, 2035, 2040
It is a request to all of you, if you invest in the stock market, then it should be kept in mind that if you do not understand the business of a company and you do not understand the business of a company, then on the plan to invest in the business which you understand. If you invest, you may also face loss and you want to understand the business of the company, then in the coming time, we are going to bring the business model of all the companies on our website, so stay connected with our website and our WhatsApp You can also join the group
|Join Our Whatsapp Group For Latest News||CLICK HERE|
|Join Our Telegram Group For Latest News||CLICK HERE|
|Join Us On Google News||CLICK HERE|
|Home Page||CLICK HERE|
Disclaimer : Dear valued viewers, I would like to remind you that I am not authorized by SEBI (Securities and Exchange Board of India) to provide any financial advice or recommendations. The information and updates shared on this website are intended for educational and informational purposes only and should not be construed as investment advice, stock recommendations, or financial guidance. As much as I would love to, I cannot be held responsible for any financial losses that you may incur based on the information shared on this website. However, I am here to share timely updates on the stock market, cryptocurrencies, and financial products with a human touch, in the hope of helping you make informed investment decisions