Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders Limited
FormerlyMazagon Dock Limited
Company typePublic
BSE543237
NSEMAZDOCK
IndustryShipbuilding
Founded1934 (1934)
Headquarters,
India
Key people
Capt Jagmohan (Retd)
(Chairman & MD)
ProductsNaval ships
Submarines
offshore platforms
Tankers
Bulk carriers
Platform supply vessels
Patrol boats
ServicesShip design
Ship building
Ship repair
Revenue 11,431 crore (US$1.4 billion) (2025)
3,228 crore (US$380 million) (2025)
2,324 crore (US$270 million) (2025)
Total assets 28,707 crore (US$3.4 billion) (2025)
Total equity 7,939 crore (US$940 million) (2025)
OwnerGovernment of India (81.2%)
Number of employees
6,327 (2024)
DivisionsShipbuilding, Submarine & Heavy Engineering
Websitemazagondock.in
Footnotes / references
Financials as of 31 March 2025.

Mazagon Dock Shipbuilders Limited (MDSL) (IAST: Majhagānv Dawk Shipbuilders Limiṭeḍ) is a company with shipyards situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries.

MDL is a public sector undertaking managed by the Ministry of Defence, with the Government of India holding an 80.82% stake. Its shipbuilding segment has indigenously built stealth frigates, destroyers, guided-missile destroyers, corvettes, landing platform docks, missile boats, patrol boats, trailing suction hopper dredgers, cargo ships, cargo-passenger ships, platform supply vessels, Voith tugs and BOP vessels, while its submarine segment has built conventional submarines and stealth submarines. Both segments have also performed repair and refit activities.