Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK)
India flag India · Delayed Price · Currency is INR
1,878.00
+19.00 (1.02%)
Nov 9, 2026, 3:28 PM IST

Mazagon Dock Shipbuilders Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Mazagon Dock Shipbuilders stock has a consensus rating of "Hold" and an average price target of ₹2,160. The average 1-year stock price forecast is 15.04% higher than the current stock price, while the lowest is ₹1,490 (-20.66%) and the highest is ₹2,950 (+57.08%).

Price Target: ₹2,160 (+15.04%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,490₹2,160₹2,100₹2,950
Change-20.66%+15.04%+11.82%+57.08%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy455556
Buy111111
Hold222212
Sell111111
Strong Sell113354
Total91012121314

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Sell
Maintains
₹1,490
SellMaintains₹1,490-20.66%Oct 29, 2026

Financial Forecast

Revenue This Year
128.09B
from 130.06B
Decreased by -1.52%
Revenue Next Year
135.31B
from 128.09B
Increased by 5.64%
EPS This Year
58.44
from 64.04
Decreased by -8.74%
EPS Next Year
66.93
from 58.44
Increased by 14.52%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
57.33B78.27B94.67B114.32B130.06B128.09B
Revenue Growth
41.64%36.52%20.95%20.76%13.77%-1.52%
Operating Income
3.77B7.26B13.33B19.76B21.70B23.18B
Net Income
6.11B11.19B19.37B24.14B25.83B23.69B
EPS
----64.0458.44
EPS Growth
----7.04%-8.74%
Forward PE
7.2312.2322.8135.6228.5832.14
Dividend / Share
4.377.9813.7317.3118.1214.98
Dividend Growth
20.58%82.82%71.99%26.08%4.71%-17.31%
Free Cash Flow
-----29.55B78.53B
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High136.6B
Avg128.1B
Low116.8B

Revenue Growth

Revenue Growth202720282029
High
5.0%
Avg
-1.5%
Low
-10.2%

EPS Forecast

EPS202720282029
High64.10
Avg58.44
Low51.00

EPS Growth

EPS Growth202720282029
High
0.1%
Avg
-8.7%
Low
-20.4%