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Mazagon Dock (MDL) Order Book & Order Wins

Mazagon Dock Shipbuilders' order book stood at ₹18,218 Cr as of Q1 FY27 (June 2026), down 23.3% from ₹23,758 Cr in Q3 FY26.

Mazagon Dock Shipbuilders' Q2 FY27 order book is not yet on file. The figure above is the latest one management has disclosed, and this page updates when a newer one is.

Order inflow parsed from Mazagon Dock Shipbuilders Ltd's BSE Reg-30 "Receipt of Order" filings; order-book figures from management's earnings-call disclosures. See the live analysis on Mazagon Dock Shipbuilders Ltd.

Order inflow FY27: ₹118 Cr across 1 disclosed wins · trailing 12 months: ₹443 Cr (2 wins)

Order-book trend

PeriodOrder book
Q4 FY24₹38,561 Cr
Q1 FY25₹40,400 Cr
Q2 FY25₹39,872 Cr
Q3 FY25₹34,787 Cr
Q4 FY25₹32,000 Cr
Q1 FY26₹29,918 Cr
Q2 FY26₹27,415 Cr
Q3 FY26₹23,758 Cr
Q1 FY27₹18,218 Cr

Order-book bridge

Opening backlog + net order intake − revenue executed = closing backlog. Intake is derived from those figures, not filed by the company.

PeriodOpeningIntakeExecutedClosing
Q1 FY27 (2 quarters since Q3 FY26)₹23,758 Cr₹1,253 Cr₹6,793 Cr₹18,218 Cr
Q3 FY26₹27,415 Cr−₹56 Cr₹3,601 Cr₹23,758 Cr
Q2 FY26₹29,918 Cr₹426 Cr₹2,929 Cr₹27,415 Cr
Q1 FY26₹32,000 Cr₹544 Cr₹2,626 Cr₹29,918 Cr
Q4 FY25₹34,787 Cr₹387 Cr₹3,174 Cr₹32,000 Cr

Disclosed inflow by customer

CustomerWinsValue
Indian Navy1₹1,990 Cr
PSU1₹325 Cr
Other1₹118 Cr

Recent order wins

DateValueCustomerOrder
4 Sept 2026₹118 CrOtherMazagon Dock Shipbuilders Ltd received a purchase order from Maharashtra State Electricity Transmission Co. Ltd. (MSETCL) for the supply, installation, and comm
18 Mar 2026₹325 CrPSUMazagon Dock Shipbuilders Limited has entered into a contract with Shipping Corporation of India Limited for the construction and sale of one 3000 DWT Methanol
31 Dec 2024₹1,990 CrIndian NavyMinistry of Defence signed a contract with Mazagon Dock Shipbuilders Limited for INR 1990 crores for construction and integration of Air Independent Propulsion

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