Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK)
India flag India · Delayed Price · Currency is INR
2,164.20
-35.40 (-1.61%)
Sep 28, 2026, 10:10 AM IST

Mazagon Dock Shipbuilders Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Mazagon Dock Shipbuilders stock has a consensus rating of "Hold" and an average price target of ₹2,510. The average 1-year stock price forecast is 15.97% higher than the current stock price, while the lowest is ₹1,860 (-14.06%) and the highest is ₹3,275 (+51.33%).

Price Target: ₹2,510 (+15.97%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,860₹2,510₹2,460₹3,275
Change-14.06%+15.97%+13.67%+51.33%
* Price targets were last updated on May 5, 2026.

Analyst Ratings

The average analyst rating for Mazagon Dock Shipbuilders stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy245555
Buy111111
Hold222221
Sell111111
Strong Sell111335
Total7910121213

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Sell
Maintains
₹2,394
SellMaintains₹2,394+10.62%May 5, 2026
Unknown Analyst
ICICI Securities
No rating
ICICI Securities
Buy
Maintains
₹3,060
BuyMaintains₹3,060+41.39%Apr 14, 2026

Financial Forecast

Revenue This Year
141.12B
from 130.06B
Increased by 8.50%
Revenue Next Year
147.65B
from 141.12B
Increased by 4.62%
EPS This Year
69.80
from 64.04
Increased by 8.99%
EPS Next Year
77.01
from 69.80
Increased by 10.34%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
57.33B78.27B94.67B114.32B130.06B141.12B
Revenue Growth
41.64%36.52%20.95%20.76%13.77%8.50%
Operating Income
3.77B7.26B13.33B19.76B21.70B25.63B
Net Income
6.11B11.19B19.37B24.14B25.83B28.35B
EPS
----64.0469.80
EPS Growth
----7.04%8.99%
Forward PE
7.2312.2322.8135.6228.5831.01
Dividend / Share
4.377.9813.7317.3118.1219.52
Dividend Growth
20.58%82.82%71.99%26.08%4.71%7.73%
Free Cash Flow
-----29.55B54.04B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High151.9B
Avg141.1B
Low121.3B

Revenue Growth

Revenue Growth202720282029
High
16.8%
Avg
8.5%
Low
-6.7%

EPS Forecast

EPS202720282029
High84.50
Avg69.80
Low56.85

EPS Growth

EPS Growth202720282029
High
31.9%
Avg
9.0%
Low
-11.2%