Mazagon Dock Shipbuilders Ltd reported a 15% YoY rise in revenue for Dec 2025 quarter, supported by healthy execution of defence orders. EBITDA and net profit grew 9% YoY, indicating stable operating performance despite margin pressures. EPS improved to Rs. 21.81, reflecting consistent profitability. With a market cap of Rs. 96,545 crore and P/E of 40.1, the stock remains priced for sustained defence-led growth.

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