Mazagon Dock Shipbuilders share price & financials

Mazagon Dock Shipbuilders Limited (MDL) is a Mumbai-headquartered defence public-sector undertaking under the Ministry of Defence that designs, constructs, repairs and refurbishes warships and conventional submarines, primarily for the Indian Navy and Indian Coast Guard. It operates shipbuilding and submarine-construction facilities at Mazagon and Nhava in Mumbai, and is the only Indian shipyard to have built both destroyers and conventional submarines, alongside frigates, corvettes and offshore patrol vessels. Beyond naval platforms, MDL also builds and repairs commercial vessels such as cargo ships, support vessels, tugs and dredgers, and offshore oil-and-gas structures such as jack-up rigs and platforms. It earns revenue chiefly through long-cycle shipbuilding and submarine-construction contracts from the Indian Navy, supplemented by ship-repair work and, following its majority stake in Colombo Dockyard PLC, commercial shipbuilding in Sri Lanka.

Total shipbuilding capacity

4,17,600 DWT (Dead Weight Tonnage)

Concurrent build capacity

11 submarines and 10 warships simultaneously

Vessels delivered since 1960

805 vessels, including 8 conventional submarines and multiple destroyers, frigates and corvettes

Shipyard locations

Two facilities — Mazagon and Nhava, both in Mumbai

Submarine assembly lines

Only Indian shipyard with two independent Submarine Assembly and Launch Lines

Crane capacity

300-tonne Goliath crane