Mazgaon Dockyard Share Price Target 2025 to 2050

Mazagon Dock Shipbuilders Limited (MDL) is one of India’s leading public sector companies specializing in building warships, submarines, and other maritime vessels. It plays an important role in strengthening India’s naval defense and is known for its advanced shipbuilding facilities. With a strong order book and consistent financial performance, Mazagon Dock has become a promising stock in the defense sector.

This article will explore Mazagon Dock’s share price targets from 2024 to 2050. The analysis combines technical and fundamental factors to give investors a clear picture of the stock’s growth potential.

Basic Details of Mazagon Dock Shipbuilders

Company NameMazagon Dock Shipbuilders Limited
Business SectorShipbuilding and Defense
Stock SymbolMAZDOCK
NSE Listing StatusListed
BSE Listing StatusListed
Official Websitehttps://www.mazagondock.in/

About the Company’s Business

Mazagon Dock Shipbuilders specializes in building warships and submarines for the Indian Navy and offshore platforms for the oil sector. The company also undertakes ship repair and modernization. With cutting-edge technology and extensive expertise, it contributes significantly to India’s “Make in India” defense initiative.

Mazagon Dock Shipbuilders logo

Fundamental Data

  • 💼 Market Cap: ₹92,659 Cr.
  • 💰 Current Price: ₹4,594
  • 📈 High / Low: ₹5,860 / ₹1,795
  • 📊 Stock P/E: 36.0
  • 📘 Book Value: ₹361
  • 💵 Dividend Yield: 0.60%
  • 🔄 ROCE (Return on Capital Employed): 44.2%
  • 📈 ROE (Return on Equity): 35.2%
  • 🏷️ Face Value: ₹10.0

Live Chart

Mazgaon Dockyard share price target 2025 to 2050

The target price for Mazagon Dock is based on technical and fundamental analysis, historical performance, industry trends, and expected growth in the defense sector. Using a CAGR of 15%, reflecting the sector’s 168% return, the target prices for 2024 to 2050 suggest strong growth potential for the company.

YearShare Price Target
2025₹6,000
2026₹6,700
2027₹7,500
2028₹8,200
2029₹9,500
2030₹10,500
2040₹25,000
2050₹60,000

Mazgaon Dockyard share price Target 2024

In 2024, Mazagon Dock is expected to leverage government policies that support defense indigenization. The company’s robust order book and strong financial position make it a reliable choice for investors. The projected share price range is ₹4,800 to ₹5,500, indicating a positive growth outlook for this year. This year marks a phase of steady momentum as the company fulfills key projects.

YearLow Approx (₹)High Approx (₹)
2024₹4,800₹5,500

Mazgaon Dockyard share price target 2025

By 2025, Mazagon Dock is expected to solidify its market position by securing new defense contracts and expanding its production capacity. The anticipated share price range is ₹5,200 to ₹6,000. This reflects increasing investor confidence and the company’s ability to deliver on large-scale projects. Continued operational improvements will likely make 2025 a significant year for shareholders.

YearLow Approx (₹)High Approx (₹)
2025₹5,200₹6,000

Mazgaon Dockyard share price target 2026

In 2026, the company’s growing technological expertise and commitment to innovation are expected to drive growth. The share price is projected to range between ₹5,800 to ₹6,700. Mazagon Dock’s execution of advanced projects will ensure higher revenues, making this year a promising period for long-term investors.

YearLow Approx (₹)High Approx (₹)
2026₹5,800₹6,700

Mazgaon Dockyard share price target 2027

The year 2027 is anticipated to witness increased international collaborations and operational improvements, boosting the share price between ₹6,400 to ₹7,500. With global recognition and a growing reputation, Mazagon Dock could attract more investments during this period, further strengthening its market presence.

YearLow Approx (₹)High Approx (₹)
2027₹6,400₹7,500

Mazgaon Dockyard share price target 2028

By 2028, Mazagon Dock will likely benefit from its advanced shipbuilding technologies and increased efficiency. The expected share price range is ₹7,000 to ₹8,200. Investors can look forward to substantial returns as the company capitalizes on new opportunities in the defense sector.

YearLow Approx (₹)High Approx (₹)
2028₹7,000₹8,200

Mazgaon Dockyard share price target 2029

In 2029, Mazagon Dock is likely to witness exponential growth with strategic defense contracts, driving the share price to ₹7,800 to ₹9,500. This year could mark a milestone in the company’s journey as it achieves higher profitability and expands its global footprint.

YearLow Approx (₹)High Approx (₹)
2029₹7,800₹9,500

Mazgaon Dockyard share price target 2030

The year 2030 is expected to be a transformative one for Mazagon Dock, with a share price projected between ₹9,000 to ₹10,500. The company’s consistent performance and focus on innovation will likely position it as a leader in the defense shipbuilding market, making it a long-term wealth generator.

YearLow Approx (₹)High Approx (₹)
2030₹9,000₹10,500

Mazagon Dock Share Price Target 2040

By 2040, Mazagon Dock is predicted to achieve global leadership in the defense and maritime sectors. With decades of innovation and growth, the share price could range between ₹20,000 to ₹25,000. This year represents a long-term investment opportunity for those looking to capitalize on the company’s strategic growth trajectory.

YearLow Approx (₹)High Approx (₹)
2040₹20,000₹25,000

Mazagon Dock Share Price Target 2050

In 2050, Mazagon Dock is projected to become a global powerhouse in shipbuilding, with a share price anticipated between ₹50,000 to ₹60,000. The company’s unparalleled expertise and continued focus on innovation are expected to make it a significant contributor to India’s defense and maritime capabilities. This year could establish Mazagon Dock as a pioneer in its industry.

YearLow Approx (₹)High Approx (₹)
2050₹50,000₹60,000

Keep in Mind

Pros

  • 🟢 Almost debt-free.
  • 🟢 Strong quarterly performance expected.
  • 🟢 Profit growth of 29.4% CAGR over 5 years.
  • 🟢 3-year ROE of 27.3%.
  • 🟢 Healthy dividend payout: 28.7%.

Cons

  • 🔴 High valuation: 12.7x book value.
  • 🔴 Contingent liabilities: ₹37,139 Cr.
  • 🔴 Significant other income: ₹1,143 Cr.

Technical Analysis

  • Moving Averages: The EMA-50 is consistently above EMA-200, indicating strong bullish momentum.
  • Support and Resistance: Key support is observed around ₹4,500, with resistance near ₹4,800.
  • Volume Trends: Increased volumes suggest positive sentiment and strong investor interest.

Quarterly Results 2024

MetricMar 2024Jun 2024Sep 2024
Sales (₹ Cr.)3,1042,3572,757
Expenses (₹ Cr.)2,5801,7152,246
Operating Profit (₹ Cr.)524642511
OPM (%)17%27%19%
Net Profit (₹ Cr.)663696585
EPS (₹)32.8734.5129.01

Conclusion

Mazagon Dock Shipbuilders offers a promising outlook for investors, driven by its robust growth strategy and government support. The company’s consistent performance in the defense and shipbuilding sectors makes it a solid choice for long-term wealth creation.