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Mazagon Dock
4.3
based on 377 Reviews
Company Overview
Company Locations
Working at Mazagon Dock
Company Summary
Mazagon Dock Limited is a key Indian shipbuilding firm focused on constructing military vessels, offshore platforms, and various commercial ships.
Overall Rating
4.3/5
based on 377 reviews

Highly rated for 
Work-life balance, Company culture, Work satisfaction
Work Policy

Work from office
85% employees reported

Monday to Friday
88% employees reported

Strict timing
67% employees reported

No travel
44% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
24 employees reported
Health insurance
18 employees reported
Cafeteria
9 employees reported
Office gym
8 employees reported
View all benefits
About Mazagon Dock
Founded in1934 (91 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websitemazagondock.gov.in
Primary Industry
--
Other Industries
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Mazagon Dock Limited (MDL) is India’s prime shipyard. MDL manufactures warships and submarines for the Indian Navy, as well as offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers and passenger ships and ferries
Mission: MDL shall strive to be a progressive and profitable shipyard building World Class Warships and Submarines using State-of-the-Art Technology.
Vision: To deliver quality ships in time within budgeted costs and be a World leader in Warship building.
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Mazagon Dock Ratings
based on 377 reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?

5
237

4
82

3
28

2
10

1
20
Category Ratings
4.3
Work-life balance
4.2
Company culture
4.2
Work satisfaction
4.1
Skill development
4.0
Salary
3.8
Job security
3.4
Promotions
Mazagon Dock is rated 4.3 out of 5 stars on AmbitionBox, based on 377 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Mazagon Dock
based on 328 reviews
4.5
Rated by 32 Women
Rated 4.5 for Work-life balance and 4.3 for Company culture
4.3
Rated by 296 Men
Rated 4.3 for Work-life balance and 4.2 for Company culture
Work Policy at Mazagon Dock
based on 38 reviews in last 6 months

Work from office
85%

Permanent work from home
8%

Hybrid
7%
Mazagon Dock Reviews
Top mentions in Mazagon Dock Reviews
+ 5 more
Compare Mazagon Dock with Similar Companies
![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
---|---|---|---|---|
Overall Rating | 4.3/5 based on 377 reviews | 3.9/5 based on 3.6k reviews | 3.9/5 based on 4.3k reviews ![]() | 4.3/5 based on 3.5k reviews |
Highly Rated for | Work-life balance Company culture Work satisfaction | Skill development Job security | Skill development | Company culture Work-life balance Skill development |
Critically Rated for | ![]() No critically rated category | Promotions | Promotions | ![]() No critically rated category |
Primary Work Policy | Work from office 85% employees reported | Work from office 81% employees reported | Work from office 83% employees reported | Work from office 49% employees reported |
Rating by Women Employees | 4.5 Good rated by 32 women | 3.8 Good rated by 253 women | 3.7 Good rated by 245 women | 4.2 Good rated by 921 women |
Rating by Men Employees | 4.3 Good rated by 296 men | 3.9 Good rated by 3.1k men | 4.0 Good rated by 3.6k men | 4.3 Good rated by 2.4k men |
Job security | 3.8 Good | 3.8 Good | 3.4 Average | 3.8 Good |
View more
Mazagon Dock Salaries
Mazagon Dock salaries have received with an average score of 4.0 out of 5 by 377 employees.
Data Entry Operator
(49 salaries)

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₹1.9 L/yr - ₹3.6 L/yr
Structural Fabricator
(38 salaries)

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₹2 L/yr - ₹4.8 L/yr
Deputy Manager
(36 salaries)

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₹13.9 L/yr - ₹23.4 L/yr
Store Keeper
(22 salaries)

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₹2.2 L/yr - ₹5 L/yr
Cost Trainee
(19 salaries)

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₹1.8 L/yr - ₹2.5 L/yr
Office Assistant
(17 salaries)

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₹1.8 L/yr - ₹3.8 L/yr
Quality Control Inspector
(16 salaries)

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₹3.3 L/yr - ₹6.5 L/yr
Graduate Apprenticeship Trainee
(12 salaries)

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₹1.1 L/yr - ₹2.1 L/yr
Graduate Apprentice Trainee
(10 salaries)

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₹1 L/yr - ₹2 L/yr
QC Inspector
(10 salaries)

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₹2.4 L/yr - ₹4.2 L/yr
Mazagon Dock Interview Questions
Mazagon Dock News
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Stock Recommendations Today: Paytm, Mazagon Dock, DMart, Swiggy On Brokerages' Radar
- UBS hikes target price on Paytm, Mazagon Dock and Swiggy get new coverage.
- Analysts share views on DMart's June quarter earnings, brokerages' top picks.
- Paytm, DMart, Mazagon Dock, Swiggy among top companies on brokerages' radar today.
Bloomberg Quint | 14 Jul, 2025

Mazagon Dock Rated New 'Sell' At Asian Markets Securities As Brokerage Says Premium Valuations A Concern
- Asian Markets Securities has initiated coverage on Mazagon Dock Shipbuilders Ltd. and given it a 'sell' rating with a target price of Rs 2,100.
- This is the second bearish rating on the stock, following JPMorgan's 'underweight' rating last month.
- The brokerage is concerned about premium valuations and values Mazagon Dock Shipbuilders at a price-to-earnings ratio of 24 times FY28E EPS.
- While the growth story appears strong for fiscal years 2029-2035, the brokerage anticipates a structural execution gap in fiscal years 2027-2028, impacting revenue visibility post fiscal year 2026.
Bloomberg Quint | 14 Jul, 2025

Mazagon Dock, Indian Hotels, Solar Industries Could Potentially Be Recognised As Large Cap
- AMFI's updated market categorisation will reorganise stocks across different market cap categories.
- Certain stocks like Mazagon Dock Shipbuilders Ltd., Indian Hotels Co., and Solar Industries Ltd. could potentially be recognized as large-cap.
- The share of large-cap and mid-cap stocks has decreased while small-caps have increased according to AMFI.
- Active fund managers will need to adjust their schemes based on the reorganization of stocks across market capitalization categories.
Bloomberg Quint | 5 Jul, 2025

Sensex zooms over 680 pts, IT stocks led gains, defence majors BEL, Mazagon, GRSE, Cochin Shipyard, BDL in red
- Market expert Jaykrishna Gandhi remains constructive on domestic markets citing RBI's monetary easing and expected earnings recovery in 2HFY25.
- Sensex surged 684.46 points to 82,739.57 with Nifty 50 rising 193.85 points to 15,238.20.
- Smallcap index outperformed midcap; media and IT sectors saw gains while realty and private bank stocks declined.
- Nifty defence index traded over 1% lower, potentially influenced by recent geopolitical headlines.
- Among Nifty 50 gainers were Titan, Infosys, Tata Consumer Products, Tech Mahindra, and Eternal, while Bharat Electronics, Kotak Mahindra, Axis Bank, Eicher Motors, and ICICI Bank declined.
- Defence stock BEL was a major loser, while Vodafone Idea, Aditya Birla Lifestyle Brands, Kalyan Jewellers, Jubilant Foodworks, and IREDA surged.
- Waaree Energies stock declined despite heavy trading volume; midcap and smallcap stocks such as MCX, IndiaMart, Welspun Living, and Tata Teleservices saw gains.
- Of the stocks traded on NSE, 2,061 rose and 648 declined; various stocks hit 52-week highs and lows, with some encountering upper and lower circuits.
- Kalpataru real estate IPO had a lukewarm response on the second day.
- All IT stocks traded positively, with Mphasis, LTI, Mindtree, Infosys, Tech Mahindra, and HCL Tech leading the gains.
- Within the defence index, companies like Dynamatic Technologies and Cyient DLM saw gains, while Data Patterns, GRSE, Paras Defence, BEL, and Mazagon Dock depreciated.
- MTNL, Sammaan Capital, Jai Balaji, and Bharat Bijlee rallied on the BSE, whereas GRSE, Data Patterns, Ideaforge, Paras, and Dixon saw declines.
- Investors are awaiting US tariff decisions as a key factor for the market.
- Overall, the market rallied amid easing geopolitical tensions, although some sectors faced corrections.
- Earnings outlook and geopolitical developments will likely influence market movements ahead.
HinduBusinessLine | 25 Jun, 2025

Sensex, Nifty 50 rally sharply on gains in IT, realty, metal, oil & gas
- Sensex and Nifty 50 closed significantly higher with Sensex up by 0.84% at 81,796.15 and Nifty 50 up by 0.92% at 24,946.50.
- Geopolitical tensions between Israel and Iran did not deter market gains, supported by large-cap stocks and focus on long-term fundamentals.
- WPI inflation lowered to 0.4% in May, with oil price surge causing inflation concerns tempered by recent CPI data slowdown.
- Tata Motors stock dropped nearly 4% due to FY26 margin forecast cuts by JLR.
- Midcap and smallcap indexes rose by around 0.93% and 0.95% respectively, while sectoral indices like IT, tourism, realty, oil & gas, and metal experienced over 1% gains.
- Oil and gas sector's positive trend was driven by reports suggesting potential EV policy revisions benefiting gas distribution companies.
- Defence and crude-related stocks amidst Israel-Iran conflict and monsoon-linked sectors like fertilisers expected to be in focus.
- Stock gainers in Nifty 50 included Bharat Electronics, HDFC Life, ONGC, while losers were Tata Motors, Sun Pharma, and Dr Reddy’s Laboratories.
- Among midcaps, IGL and Supreme Industries surged, while Page Industries, Mazagon Dock, and MRF declined.
- In the smallcap index, Newgen Software, MCX, Atul, and IIFL saw significant gains.
- Sterlite Technologies, Cosmo First, Axiscades, and Unimech were among the stocks hitting upper circuits, while some stocks reached 52-week highs and lows.
- Market resilience highlighted amid geopolitical tensions by experts recommending cautious trading and focusing on less volatile stocks.
- Rupee traded positively, Asian markets settled high, while Wall Street closed lower on Friday, and Indian indexes also dipped with FIIs selling equities.
- Macro focus on Bank of Japan’s interest rate decision and upcoming US May retail sales data.
- Crude oil prices remained range-bound with expected rupee volatility due to the US Fed interest rate decision and India’s inflation data.
- Asian markets concluded positively while Sensex and Nifty closed lower the previous day with FIIs selling off equities worth ₹1,263.52 crore.
HinduBusinessLine | 16 Jun, 2025

MSCI rejig: Swiggy, Mazagon Dock, Hitachi Energy & Waaree Energies likely to be added in August 2025 rebalancing
- MSCI Inc. is set to rejig its index, with Swiggy likely to be added with high probability.
- Mazagon Dock Shipbuilders, Hitachi Energy India, and Waaree Energies have medium to low chances of inclusion.
- The changes are scheduled to take effect on August 27, 2025.
- Swiggy could witness an inflow of $385 million with an estimated impact on around 93.8 million shares and a potential 12.7% price change in one month.
- Mazagon Dock Shipbuilders might attract $187 million in investments affecting 4.8 million shares, foreseeing a 14.4% price change in a month.
- Hitachi Energy India, with a medium probability, could receive $165 million, impacting 0.8 million shares, and potentially experiencing a significant 18.9% change in a month.
- Waaree Energies, with lesser chances, might get approximately $132 million inflow, influencing 3.9 million shares, and could see a 10.9% increase in one month.
- Analyst Abhishek B Kumar from JM Financial offered insights into the potential index additions and expected market movements.
- The report suggests specific inflow amounts, share impacts, and price change projections for the respective companies.
- The article was published on June 16, 2025.
HinduBusinessLine | 16 Jun, 2025
NBCC To SJVN: PSU Stocks In Limelight — Should You Buy, Sell, Or Hold?
- PSU stocks like Mazagon Dock Shipbuilders, SJVN Ltd., and NBCC Ltd. are in the limelight this Friday.
- Analysts Mahesh M. Ojha and Ravi Singh shared their insights with NDTV Profit regarding these public sector undertakings.
- For Mazagon Dock Shipbuilders, Ojha suggested holding the stock for long-term gains, despite a recent decline in net profit and margins.
- Regarding SJVN, Ojha advised holding the 'Navratna' PSU for a short-term period and suggested averaging out in the Rs 90-92 range, with a focus on improvements.
- Both Ojha and Singh recommended a 'buy' call for NBCC Ltd., citing its positive financial performance in the fourth quarter of the financial year 2025.
Bloomberg Quint | 30 May, 2025

Mazagon Dock Shares Fall Nearly 9% As Q4 Profit Sees Sharp Decline
- Mazagon Dock Shipbuilders Ltd.'s shares fell nearly 9% as its net profit declined 51% in Q4 of FY2025.
- The company posted a consolidated bottom line of Rs 325.3 crore compared to Rs 663 crore in the same period last year.
- Operational profitability was impacted by an increase in subcontract cost and margins contracted sharply.
- For the entire year, the profit jumped 26% to Rs 2,277 crore, and the company's board recommended a final dividend of Rs 2.71 per equity share for FY2025.
Bloomberg Quint | 30 May, 2025

Q4 Earnings Impact: Bajaj Auto, SJVN, Mazagon Dock, Ola Electric Shares Decline; Suzlon Rises Nearly 14%
- Shares of Bajaj Auto, SJVN, Mazagon Dock, and Ola Electric declined, while Suzlon Energy rose significantly following the announcement of their Q4 results.
- Bajaj Auto reported a 6% increase in net profit, with revenue up by 5.8% and Ebitda increasing by 6%.
- Suzlon Energy witnessed a substantial rise in net profit by 365.35%, with revenue and Ebitda also showing significant growth.
- Mazagon Dock's net profit declined by 50.9%, leading to an 8.67% fall in its share price.
- SJVN reported a net loss of Rs 127 crore, in contrast to the profit of Rs 61 crore in the same quarter last year.
- Ola Electric witnessed a significant decrease in revenue and a widening Ebitda loss, resulting in a 9.73% fall in share price.
- Several other companies also experienced fluctuations in share prices and financial results based on their Q4 earnings performance.
- Amara Raja, TARC, Lemon Tree, and other firms reported varying financial results affecting their share prices in the market.
- Procter & Gamble Health and Concord Biotech saw improvements in net profit, while companies like Confidence Petroleum reported a decline.
- Overall, the Q4 earnings impact led to mixed reactions in the stock market, with some companies posting growth while others faced declines.
Bloomberg Quint | 30 May, 2025

Stocks To Watch Today: Bajaj Auto, Suzlon Energy, Mazagon Dock, Castrol India, Ola Electric
- Stocks to watch today include Bajaj Auto, Suzlon Energy, Mazagon Dock, Castrol India, and Ola Electric, along with NLC, Rail Vikas Nigam, and SJVN.
- Castrol India issued a clarification regarding media reports on BP's lubricant business, while Cipla incorporated a subsidiary in Germany and Wipro unveiled its Global Innovation Network.
- Companies like UltraTech Cement, Allcargo Logistics, Himadri Speciality Chemical, Rail Vikas Nigam, and Piramal Enterprises also made significant updates.
- Earnings highlights for Bajaj Auto, Suzlon Energy, Mazagon Dock, SJVN, and other companies show revenue and profit variations with some widening losses.
- Ola Electric reported a significant decrease in revenue and widened losses in its Q4 earnings report.
- Other companies such as Sobha, ICRA, Amara Raja, Procter & Gamble Health, Lemon Tree, and many more also showcased their financial performances in the latest quarter.
- Watchlists for the day include various companies across different sectors like Apollo Hospitals Enterprise, AstraZeneca Pharma India, Genesys International Corporation, and more as their earnings are in focus.
- The stock market updates and latest news can be followed on NDTV Profit for real-time information on trade activities and performances of different companies.
- A wide range of companies are showing varied results in their financial performances, signaling the overall market dynamics and sectoral trends.
- Stay informed with the latest business updates and market movements to make informed investment decisions and track the performance of specific stocks mentioned.
Bloomberg Quint | 30 May, 2025

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Mazagon Dock FAQs
When was Mazagon Dock founded?
Mazagon Dock was founded in 1934. The company has been operating for 91 years.
Where is the Mazagon Dock headquarters located?
Mazagon Dock is headquartered in Mumbai, Maharashtra and has an office in Mumbai.
How many employees does Mazagon Dock have in India?
Mazagon Dock currently has approximately 3,300+ employees in India.
Does Mazagon Dock have good work-life balance?
Mazagon Dock has a work-life balance rating of 4.3 out of 5 based on 300+ employee reviews on AmbitionBox. 85% employees rated Mazagon Dock 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Mazagon Dock work-life balance reviews for more details.
Is Mazagon Dock good for career growth?
Career growth at Mazagon Dock is rated as moderate, with a promotions and appraisal rating of 3.4. 15% employees rated Mazagon Dock 3 or below, while 85% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Mazagon Dock promotions / appraisals reviews for more detailed insights.
What are the pros and cons of working in Mazagon Dock?
Working at Mazagon Dock comes with several advantages and disadvantages. It is highly rated for work life balance, company culture and work satisfaction. However, it is poorly rated for promotions / appraisal, based on 300+ employee reviews on AmbitionBox.
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