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Mazagon Dock
4.4
based on 349 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
4.4/5
based on 349 reviews
Highly rated for
Work-life balance, Company culture, Skill development
Work Policy
Work from office
75% 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 349 reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
222
4
75
3
25
2
9
1
18
Category Ratings
4.3
Work-life balance
4.2
Company culture
4.2
Skill development
4.2
Work satisfaction
4.1
Salary
3.9
Job security
3.7
Promotions
Mazagon Dock is rated 4.4 out of 5 stars on AmbitionBox, based on 349 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 299 reviews
4.6
Rated by 24 Women
Rated 4.7 for Work satisfaction and 4.6 for Work-life balance
4.4
Rated by 275 Men
Rated 4.3 for Work-life balance and 4.2 for Company culture
Work Policy at Mazagon Dock
based on 27 reviews in last 6 months
Work from office
75%
Hybrid
14%
Permanent work from home
11%
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 | 4.4/5 based on 349 reviews | 4.0/5 based on 3.4k reviews | 4.0/5 based on 4.1k reviews | 4.3/5 based on 3.2k reviews |
Highly Rated for | Work-life balance Skill development Company culture | Job security Skill development Salary | Skill development | Company culture Work-life balance Skill development |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 75% employees reported | Work from office 85% employees reported | Work from office 83% employees reported | Hybrid 52% employees reported |
Rating by Women Employees | 4.6 Excellent rated by 24 women | 3.9 Good rated by 234 women | 3.9 Good rated by 237 women | 4.3 Good rated by 831 women |
Rating by Men Employees | 4.4 Good rated by 275 men | 4.0 Good rated by 2.8k men | 4.0 Good rated by 3.5k men | 4.3 Good rated by 2.2k men |
Job security | 3.9 Good | 3.9 Good | 3.4 Average | 3.8 Good |
View more
Mazagon Dock Salaries
Mazagon Dock salaries have received with an average score of 4.1 out of 5 by 349 employees.
Data Entry Operator
(48 salaries)
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₹1.9 L/yr - ₹3.6 L/yr
Structural Fabricator
(40 salaries)
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₹2 L/yr - ₹4.5 L/yr
Deputy Manager
(32 salaries)
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₹11 L/yr - ₹22 L/yr
Store Keeper
(26 salaries)
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₹2.2 L/yr - ₹4.5 L/yr
Cost Trainee
(18 salaries)
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₹1.8 L/yr - ₹2.5 L/yr
Office Assistant
(15 salaries)
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₹1.8 L/yr - ₹3.6 L/yr
Quality Control Inspector
(15 salaries)
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₹3.3 L/yr - ₹5.1 L/yr
Graduate Apprentice Trainee
(13 salaries)
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₹1 L/yr - ₹1.1 L/yr
Graduate Apprenticeship Trainee
(12 salaries)
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₹1 L/yr - ₹1.1 L/yr
Rigger
(11 salaries)
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₹1.8 L/yr - ₹5.5 L/yr
Mazagon Dock News
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Stocks To Buy: Aditya Birla Capital, Bharat Dynamics, Chambal Fertilizers & Mazagon Dock
- Analysts have buy calls on Aditya Birla Capital, Bharat Dynamics, Chambal Fertilizers, and Mazagon Dock.
- Kunal Rambhia recommends 'buy' for Aditya Birla Capital with a target price of Rs 180 apiece.
- Ajit Mishra suggests a 'buy' for Bharat Dynamics with a target price of Rs 1,310 apiece.
- Ajit Mishra also recommends a 'buy' for Chambal Fertilizers & Chemicals with a target price of Rs 594 and Aditya Agarwala suggests a 'buy' for Crompton Greaves Consumer Electricals with a target price of Rs 372 apiece.
Bloomberg Quint | 10 Mar, 2025
Stock Recommendations Today: LIC, Mahindra & Mahindra, Mazagon Dock, Ola Electric On Brokerages' Radar
- Life Insurance Corp. of India, Mahindra & Mahindra Ltd., Mazagon Dock Shipbuilders Ltd. and Ola Electric Mobility Ltd. are among the top companies on brokerages' radar on Monday.
- Analysts have given their take on the RBI Monetary Policy Committee meet, which concluded on Friday. RBI’s growth forecasts align with the Ministry of Finance.
- Macquarie expects further cuts of 25-50bps. The key factor will be how much loan and deposit growth recovers from current levels of 11%.
- Nomura expects 75bps of further rate cuts and increased liquidity easing. The RBI has adopted a more relaxed exchange rate approach, intervening mainly to manage volatility, the brokerage said.
- In terms of stocks, Macquarie maintained an 'outperform' rating on M&M and raised the target price to Rs 3,643 from Rs 3,511.
- Nomura maintained a 'buy' rating on M&M, raising the target price to Rs 3,681 from Rs 3,664.
- The company exceeded revenue expectations in third quarter, as the impact of post-festive discounts was lower. Management focused on improving service network coverage and product quality, although GS lowered estimates by 2-5% to account for lower ASP growth.
- Nomura initiated coverage with a 'buy' rating and a target price of Rs 750.
- Goldman Sachs Maintained a 'neutral' rating on Delhivery and lowers the target price to Rs 370 from Rs 400 per share
- HSBC highlighted five of its equity analysts' best ideas, focusing on companies that are well-positioned to perform despite the broader slowdown in growth.
Bloomberg Quint | 10 Feb, 2025
Q3 Results Live: Akzo Nobel Profit Down; M&M, LIC, Mazagon Dock, NHPC, Ola Electric Earnings Today
- Akzo Nobel reports a decline in net profit for the Q3.
- M&M is the only company from the Nifty 50 pack to release financial statement today.
- Venky's India swings to profit in Q3.
- Q3 earnings announcements for NHPC, Mazagon Dock, and Ola Electric are also expected today.
Bloomberg Quint | 7 Feb, 2025
Q3 Results Today: LIC, NHPC, Ola Electric, Mazagon Dock, Delhivery, M&M Among 230+ Firms To Declare Earnings
- A total of 234 companies are set to release their financial results for the quarter ending December 31, 2024.
- Notable companies include LIC India, M&M, Ola Electric, NHPC, Mazagon Dock Shipbuilders and Oil India.
- Other companies include Edelweiss Financial Services, Shipping Corporation of India, Sun TV, Balrampur Chini Mills and Alkem Laboratories.
- State Bank of India reported a remarkable 84% increase YoY in net profit for the October-December quarter, while Bharti Airtel's consolidated net profit jumped significantly in the third quarter.
- Both M&M and NHPC have reported their Q3 results where M&M's revenue rose 12% YoY to reach Rs 28,919 crore, while NHPC's consolidated net profit fell by 37%.
- LIC's consolidated net profit for Q2 FY25 fell by 3.7% YoY, reporting Rs 7,729 crore.
- These are among over 200 companies expecting to declare their quarterly results on February 7.
- Other companies scheduled to report results are Balrampur Chini Mills, Bombay Talkies, Cholamandalam Financial Holdings.
- Also, companies like 3M India, B.L.Kashyap and Sons, Elixir Capital Ltd, KPT Industries and Max Estates among others will declare their Q3 results today.
- SBI reported a consolidated net profit of Rs 16,891 crore while Bharti Airtel's consolidated net profit rose four-fold sequentially in the third quarter to reach Rs 14,781.2 crore.
Bloomberg Quint | 7 Feb, 2025
Midcaps' Market Cap Takes A Beating On Budget Day, Investors Lose Over Rs 46,000 Crore
- Midcaps' Market Cap Takes A Beating On Budget Day, Investors Lose Over Rs 46,000 Crore
- Mazagon Dock Shipbuilders Ltd., Torrent Power Ltd., and Cummins Ltd. were among the biggest losers in the BSE Midcap 150 index on Budget day.
- Midcap stocks witnessed a sharp decline in their market capitalization following the announcement of the Union Budget.
- The midcap slump was attributed to sustained losses across the broader market and the budget's failure to introduce specific measures for midcap stocks.
Bloomberg Quint | 1 Feb, 2025
Buy, Sell Or Hold: Wipro, Zee Entertainment, Hindalco, Mazagon Dock, Mphasis, Kalyan Jewellers — Ask Profit
- Vikas Jain of Reliance Securities advises buying Wipro on dips, while Vinit Bolinjkar of Ventura Securities suggests selling Zee Entertainment Enterprises due to negative news flow.
- Jain recommends selling Mphasis and Hindalco Industries, citing profit-booking in the IT sector and weakened metal prices, respectively.
- Bolinjkar advises holding KPIT Technologies for its expected long-term growth, and buying Mazagon Dock Shipbuilders, expecting a comeback in the defense sector.
- For Kalyan Jewellers, Bolinjkar suggests considering other counters such as Senco Gold and PN Gadgil Jewellers, while Jain recommends accumulating Larsen & Toubro with a target of Rs 4,000 in the next six months.
Bloomberg Quint | 3 Jan, 2025
Stock Market Live: GIFT Nifty Trades Near 23,800; NMDC, Mazagon Dock, Tata Motors, Maruti Suzuki In Focus
- GIFT Nifty was at 23,840.00 down by 37 points or 0.15% at 07:09 a.m.
- Share prices of NMDC, Mazagon Dock, Tata Motors, Maruti Suzuki will remain in focus.
- Jefferies' 2025 outlook for India’s industrials sector emphasizes capex growth.
- The NSE Nifty 50 closed higher on the first trading day of 2025.
Bloomberg Quint | 2 Jan, 2025
Stock Market Today: All You Need To Know Going Into Trade On Jan. 2
- Indian benchmark equity indices closed higher in the first trading day of 2025.
- Foreign portfolio investors have been net sellers for the 12th straight session.
- Indian rupee weakened by 4 paise to close at 85.65 against the US dollar.
- Stocks to watch include NMDC, Tata Motors, CSB Bank, Maruti Suzuki India, South Indian Bank, Sandur Manganese & Iron Ores, RailTel Corp., NTPC, DCX Systems, Mazagon Dock Shipbuilders.
- Indo Farm Equipment public issue subscribed 54.55 times on day two.
- Sterling Tools promoter Atul Aggarwal sold 58,440 shares, while promoter Rahul Gautam bought 17,500 shares in December.
- Manappuram Finance is in the securities in ban period.
- Indian rupee weakened by 4 paise against the US dollar on the first trading session of 2025.
- Ceigall India to meet investors and analysts on Jan. 6.
- Nifty Options Jan. 2 Expiry: Maximum call open interest at 24,500 and maximum put open interest at 23,000.
Bloomberg Quint | 2 Jan, 2025
3 combat platforms set to be commissioned into Indian Navy on Jan 15
- Three combat platforms, including a stealth frigate, a stealth destroyer, and a submarine, are set to be commissioned into the Indian Navy on January 15.
- The platforms, namely Nilgiri, Surat, and Vaghsheer, have been designed and built at Mazagon Dock Shipbuilders Ltd (MDL), Mumbai, showcasing India's growing self-reliance in defence production.
- Nilgiri is an advanced frigate with significant stealth features and state-of-the-art technology, while Surat is an improved stealth destroyer with advanced sensors and weapons.
- Vaghsheer, a Scorpene-class submarine, is designed for a wide range of missions with features like wire-guided torpedoes, anti-ship missiles, and advanced sonar systems.
HinduBusinessLine | 1 Jan, 2025
Mazagon Dock Shipbuilders Bags Rs 1,990-Cr Ministry Of Defence Contract
- Mazagon Dock Shipbuilders has secured a Rs 1,990-crore contract from the Ministry of Defence for the construction of Air Independent Propulsion (AIP) Plugs for the DRDO-AIP system and its integration into Indian submarines.
- The AIP Plug, developed by DRDO, will be retrofitted into existing submarines to enhance their endurance.
- The retrofitting process involves cutting the submarine into two halves and inserting the 10-meter long AIP Plug in between, increasing the submarine's overall length.
- Mazagon Dock Shipbuilders is also in advanced discussions for a follow-on order for three more submarines, and all nine submarines in the project will be sequentially fitted with the AIP Plug.
Bloomberg Quint | 1 Jan, 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 more than 3,300+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Mazagon Dock based on the number of reviews submitted on AmbitionBox.
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 fairly well, with a promotions and appraisal rating of 3.7. 85% employees rated Mazagon Dock 4 or above, while 15% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Mazagon Dock promotions/appraisals reviews for more detailed insights.
What are the pros of working in Mazagon Dock?
Working at Mazagon Dock offers several advantages that make it an appealing place for employees. The company is highly rated for work life balance, company culture and skill development, based on 300+ employee reviews on AmbitionBox.
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