Mazagon Dock Shipbuilders (BOM:543237) Current Ratio: 1.40 (As of Mar. 2026) — 25% Above Median

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BOM:543237 Mazagon Dock Shipbuilders Ltd BOM:543237
93 GF Score
Price ₹2,359.80
GF Value ₹2,810.92
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Mazagon Dock Shipbuilders Current Ratio?

Mazagon Dock Shipbuilders BOM:543237 -1.76% 93 Current Ratio is 1.40 as of Mar. 2026, which is 25% above its 10-year median of 1.12. GuruFocus rates BOM:543237 with a GF Score™ of 93/100 and a GF Value™ of ₹2,810.92 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 359 Aerospace & Defense companies, Mazagon Dock Shipbuilders ranks worse than 66.57% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mazagon Dock Shipbuilders's current ratio for the quarter that ended in Mar. 2026 was 1.40.

Mazagon Dock Shipbuilders has a current ratio of 1.40. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mazagon Dock Shipbuilders's Current Ratio or its related term are showing as below:

BOM:543237' s Current Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.12   Max: 1.4
Current: 1.4

During the past 10 years, Mazagon Dock Shipbuilders's highest Current Ratio was 1.40. The lowest was 1.05. And the median was 1.12.

BOM:543237's Current Ratio is ranked worse than
66.57% of 359 companies
in the Aerospace & Defense industry
Industry Median: 1.93 vs BOM:543237: 1.40

Mazagon Dock Shipbuilders  (BOM:543237) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Mazagon Dock Shipbuilders Current Ratio Related Terms


Mazagon Dock Shipbuilders Current Ratio Historical Data

* Premium members only.

The historical data trend for Mazagon Dock Shipbuilders's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mazagon Dock Shipbuilders Current Ratio Chart

Mazagon Dock Shipbuilders Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 1.08 1.14 1.25 1.40

Mazagon Dock Shipbuilders Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 0.00 1.40 0.00 1.40

BOM:543237 vs SPCX, GE, RTX: Current Ratio Comparison

For the Aerospace & Defense subindustry, Mazagon Dock Shipbuilders's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mazagon Dock Shipbuilders Current Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mazagon Dock Shipbuilders's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mazagon Dock Shipbuilders's Current Ratio falls into.


BOM:543237
93GF Score
Mazagon Dock Shipbuilders Ltd BOM:543237
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mazagon Dock Shipbuilders Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Mazagon Dock Shipbuilders's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=222550.4/158555.3
=1.40

Mazagon Dock Shipbuilders's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=222550.4/158555.3
=1.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.40 mean?
Mazagon Dock Shipbuilders (BOM:543237) has a Current Ratio of 1.40 as of Mar. 2026. This is 25% above median its historical median of 1.12. Over the past decade, Mazagon Dock Shipbuilders' Current Ratio has ranged from 1.05 to 1.40. According to the industry distribution chart, Mazagon Dock Shipbuilders ranks #239 out of 359 companies in the Aerospace & Defense industry, placing it in the top 66.6%.
Is Mazagon Dock Shipbuilders' Current Ratio too high?
Mazagon Dock Shipbuilders' current Current Ratio of 1.40 is 25% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 1.40. The Aerospace & Defense industry median Current Ratio is 1.93. Mazagon Dock Shipbuilders' value of 1.40 is 27.5% below this industry median. Based on the distribution chart, Mazagon Dock Shipbuilders ranks #239 out of 359 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Mazagon Dock Shipbuilders has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazagon Dock Shipbuilders' Current Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Mazagon Dock Shipbuilders ranks #239 out of 359 companies for Current Ratio. This places Mazagon Dock Shipbuilders in the lower half of its industry. The industry median Current Ratio is 1.93. Mazagon Dock Shipbuilders' value of 1.40 is 27.5% below this benchmark. Historically, Mazagon Dock Shipbuilders' own Current Ratio has ranged from 1.05 to 1.40 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.93, Mazagon Dock Shipbuilders has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mazagon Dock Shipbuilders's current Current Ratio of 1.40 is 27.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazagon Dock Shipbuilders's current Current Ratio is 1.40, which is 25% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazagon Dock Shipbuilders stock overvalued right now?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders (BOM:543237) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,810.92, compared to a current price of ₹2,359.80 — trading 16% below its estimated fair value. The current Current Ratio is 1.40, which is 25% above median its 10-year median of 1.12 and 27.5% below the Aerospace & Defense industry median of 1.93. Mazagon Dock Shipbuilders' overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mazagon Dock Shipbuilders (BOM:543237), the current Current Ratio is 1.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mazagon Dock Shipbuilders (BOM:543237) Overvalued in 2026?

Based on GuruFocus' analysis, Mazagon Dock Shipbuilders stock appears to be undervalued. The current stock price of ₹2,359.80 is trading 16% below its estimated GF Value™ of ₹2,810.92. GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.

Key valuation signals for BOM:543237:

  • Current Ratio: 1.40 (25% above median its 10-year median of 1.12)
  • GF Value™: ₹2,810.92 vs. price of ₹2,359.80 (16% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 27.5% below the Aerospace & Defense median (#239 of 359)

No single metric tells the full story. See the BOM:543237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mazagon Dock Shipbuilders Business Description

Other Exchanges MAZDOCK:India
Address Dockyard Road, Mazagon, Mumbai, MH, IND, 400010
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The company is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, ferries, tugs, dredgers, barges, submarines, merchant ships, etc., with facilities situated in Mumbai and Nhava. It also offers ship designing, ship repairs and refit, tug support, and other related services. The company is organized into two segments: Shipbuilding and Submarine (New Construction and Repairs) and others.
93GF Score

Get the complete analysis for BOM:543237

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,359.80
Price
₹2,810.92
GF Value