Mazagon Dock Shipbuilders has a quick ratio of 1.24. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mazagon Dock Shipbuilders's Quick Ratio or its related term are showing as below:
NSE:MAZDOCK'
s Quick Ratio Range Over the Past 10 Years
Min: 0.75 Med: 0.88 Max: 1.24
Current: 1.24
During the past 10 years, Mazagon Dock Shipbuilders's highest Quick Ratio was 1.24. The lowest was 0.75. And the median was 0.88.
NSE:MAZDOCK's Quick Ratio is ranked worse than 51.4% of 358
companies
in the Aerospace & Defense industry
Industry Median: 1.295
vs NSE:MAZDOCK: 1.24
Mazagon Dock Shipbuilders (NSE:MAZDOCK) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Mazagon Dock Shipbuilders Quick Ratio Related Terms
Mazagon Dock Shipbuilders Quick Ratio Historical Data
* 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.
NSE:MAZDOCK vs SPCX, GE, RTX: Quick Ratio Comparison
For the Aerospace & Defense subindustry, Mazagon Dock Shipbuilders's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mazagon Dock Shipbuilders's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mazagon Dock Shipbuilders's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Mazagon Dock Shipbuilders's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:MAZDOCK) has a Quick Ratio of 1.24 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mazagon Dock Shipbuilders and its competitors. This is 41% above median its historical median of 0.88. Over the past decade, Mazagon Dock Shipbuilders' Quick Ratio has ranged from 0.75 to 1.24. According to the industry distribution chart, Mazagon Dock Shipbuilders ranks #184 out of 358 companies in the Aerospace & Defense industry, placing it in the top 51.4%.
Is Mazagon Dock Shipbuilders' Quick Ratio too high?
Mazagon Dock Shipbuilders' current Quick Ratio of 1.24 is 41% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.24. The Aerospace & Defense industry median Quick Ratio is 1.30. Mazagon Dock Shipbuilders' value of 1.24 is 4.2% below this industry median. Based on the distribution chart, Mazagon Dock Shipbuilders ranks #184 out of 358 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' Quick Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Mazagon Dock Shipbuilders ranks #184 out of 358 companies for Quick Ratio. This places Mazagon Dock Shipbuilders in the lower half of its industry. The industry median Quick Ratio is 1.30. Mazagon Dock Shipbuilders' value of 1.24 is 4.2% below this benchmark. Historically, Mazagon Dock Shipbuilders' own Quick Ratio has ranged from 0.75 to 1.24 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.30, 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 Quick Ratio for an Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.30, based on 358 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mazagon Dock Shipbuilders's current Quick Ratio of 1.24 is 4.2% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mazagon Dock Shipbuilders and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazagon Dock Shipbuilders's current Quick Ratio is 1.24, which is 41% above median its own 10-year median of 0.88. 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 ₹2,818.07, compared to a current price of ₹2,543.60 — trading 9.7% below its estimated fair value. The current Quick Ratio is 1.24, which is 41% above median its 10-year median of 0.88 and 4.2% below the Aerospace & Defense industry median of 1.30. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Mazagon Dock Shipbuilders (NSE:MAZDOCK), the current Quick Ratio is 1.24 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 ₹2,543.60 is trading 9.7% below its estimated GF Value™ of ₹2,818.07.
GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.
Key valuation signals for NSE:MAZDOCK:
Quick Ratio: 1.24 (41% above median its 10-year median of 0.88)
GF Value™: ₹2,818.07 vs. price of ₹2,543.60 (9.7% below fair value)
Industry Position: 4.2% below the Aerospace & Defense median (#184 of 358)
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 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
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