Mazagon Dock Shipbuilders (NSE:MAZDOCK) Interest Expense: ₹-249 Mil (TTM As of Mar. 2026)

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NSE:MAZDOCK Mazagon Dock Shipbuilders Ltd NSE:MAZDOCK
93 GF Score
Price ₹2,307.40
GF Value ₹2,817.24
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Mazagon Dock Shipbuilders Interest Expense?

Mazagon Dock Shipbuilders NSE:MAZDOCK -1.98% 93 Interest Expense is ₹-249 Mil as of Mar. 2026. GuruFocus rates NSE:MAZDOCK with a GF Score™ of 93/100 and a GF Value™ of ₹2,817.24 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mazagon Dock Shipbuilders's interest expense for the three months ended in Mar. 2026 was ₹ -100 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-249 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Mazagon Dock Shipbuilders's Operating Income for the three months ended in Mar. 2026 was ₹ 5,200 Mil. Mazagon Dock Shipbuilders's Interest Expense for the three months ended in Mar. 2026 was ₹ -100 Mil. Mazagon Dock Shipbuilders's Interest Coverage for the quarter that ended in Mar. 2026 was 51.95. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mazagon Dock Shipbuilders  (NSE:MAZDOCK) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mazagon Dock Shipbuilders's Interest Expense for the three months ended in Mar. 2026 was ₹-100 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹5,200 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹778 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5200.1/-100.1
=51.95

* 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mazagon Dock Shipbuilders Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Mazagon Dock Shipbuilders Interest Expense Historical Data

* Premium members only.

The historical data trend for Mazagon Dock Shipbuilders's Interest Expense 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 Interest Expense Chart

Mazagon Dock Shipbuilders Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -134.80 -90.20 -88.40 -240.70 -715.70

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
Interest Expense 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 -77.20 -10.90 -78.20 -59.50 -100.10
NSE:MAZDOCK
93GF Score
Mazagon Dock Shipbuilders Ltd NSE:MAZDOCK
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mazagon Dock Shipbuilders Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-249 Mil.

* 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 Interest Expense →
What does a Interest Expense of ₹-249 Mil mean?
Mazagon Dock Shipbuilders (NSE:MAZDOCK) has a Interest Expense of ₹-249 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mazagon Dock Shipbuilders and its competitors.
Is Mazagon Dock Shipbuilders' Interest Expense too high?
Mazagon Dock Shipbuilders' current Interest Expense is ₹-249 Mil. 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' Interest Expense compare to SPCX and GE?
Mazagon Dock Shipbuilders' Interest Expense of ₹-249 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Aerospace & Defense company?
A good Interest Expense depends on the Aerospace & Defense industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mazagon Dock Shipbuilders and its competitors. Mazagon Dock Shipbuilders's current Interest Expense is ₹-249 Mil. 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 (NSE:MAZDOCK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,817.24, compared to a current price of ₹2,307.40 — trading 18.1% below its estimated fair value. The current Interest Expense is ₹-249 Mil. 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 Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mazagon Dock Shipbuilders (NSE:MAZDOCK), the current Interest Expense is ₹-249 Mil 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 (NSE:MAZDOCK) Overvalued in 2026?

Based on GuruFocus' analysis, Mazagon Dock Shipbuilders stock appears to be undervalued. The current stock price of ₹2,307.40 is trading 18.1% below its estimated GF Value™ of ₹2,817.24. GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.

Key valuation signals for NSE:MAZDOCK:

  • Interest Expense: ₹-249 Mil
  • GF Value™: ₹2,817.24 vs. price of ₹2,307.40 (18.1% below fair value)
  • GF Score™: 93/100 with 2 warning signs

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


Mazagon Dock Shipbuilders Business Description

Other Exchanges 543237: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 NSE:MAZDOCK

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

₹2,307.40
Price
₹2,817.24
GF Value