Hello Friends! Are you looking to invest in the stock market, or have you already invested? Would you like to know the predictions regarding the potential fluctuations in your shares? If so, you have landed on exactly the right page. On this page, you will find information regarding Why Mazagon Dock share falling Today, Mazagon Dock share price target 2027, Mazagon Dock Shipbuilders share price target 2026, Mazagon Dock share price target tomorrow, Mazagon Dock News today, Mazagon Dock share price target 2030, GRSE share price, and much more. Furthermore, this page provides details on Mazagon Dock Shipbuilders‘s share price targets 2026, 2027, 2028, 2029, 2030, 2040, and beyond.
Mazagon Dock Shipbuilders Company Information
As of 2025, The company have 2,614 Number of employees. Mazagon Dock Shipbuilders company’s Shipyards are located in Mazagaon, Mumbai. This company builds warships and submarines for the Indian Navy. Apart from this, the company also builds offshore platforms and associated support vessels for offshore oil drilling. The company also builds tankers, passenger ships, cargo bulk carriers, and ferries.
| Industry | Shipbuilding |
| Founded | 1934; 92 years ago |
| Headquarters | Mumbai, Maharashtra, India |
| Key people | Capt Jagmohan (Retd) (Chairman & MD) |
| Products | Naval ships Submarines offshore platforms Tankers Bulk carriers Platform supply vessels Patrol boats |
| Services | Ship design Ship building Ship repair |
Mazagon Dock Shipbuilders Share Price Target Overview
- Current Price – 2,264.00
- Open – 2,250.00
- High – 2,279.00
- Low – 2,202.80
- Mkt cap – 91.38KCr
- P/E ratio – 37.95
- 52-wk high – 3,775.00
- Dividend – 0.72%
- Qtrly div amt – 4.08
- 52-wk low – 2,057.40
Mazagon Dock Shipbuilders Share Price Chart

Mazagon Dock Shipbuilders Share Price Target Tomorrow
| Mazagon Dock Shipbuilders Share Price Target Years | Mazagon Dock Shipbuilders Share Price Target |
| 2026 | ₹3800 |
| 2027 | ₹4350 |
| 2028 | ₹4975 |
| 2029 | ₹5455 |
| 2030 | ₹5970 |
Mazagon Dock Shipbuilders Share Price Target 2026
The target for Mazagon Dock Shipbuilders’s share price in 2026 is projected to range between ₹3780 and ₹3800. As of the start of April 2026, Mazagon Dock Shipbuilders’s share price stood at ₹2,264.00. Compared to the previous year, Mazagon Dock Shipbuilders’s share price has witnessed an increase this year.
Mazagon Dock Shipbuilders Share Price Target 2027
The target for Mazagon Dock Shipbuilders’s share price in 2027 is projected to range between ₹4300 and ₹4350. On 4 April 2026, Mazagon Dock Shipbuilders Share price NSE is 2,264.00 INR. Compared to last year, no significant difference has been observed in the share price of Mazagon Dock Shipbuilders. The share price has decreased by approximately 200-250 rupees.
Mazagon Dock Shipbuilders Share Price Target 2030
The target for Mazagon Dock Shipbuilders’s share price in 2030 is projected to range between ₹5950 and ₹5970. Over the past several years, the company has generated substantial profits, and investors, too, have earned handsome returns proportionate to their shareholdings. We remain optimistic that the company will continue to generate profits in the future, thereby ensuring continued returns for its investors.
Risks and Challenges Of Mazagon Dock Shipbuilders Share Price
Here are 7 key factors affecting the growth of Mazagon Dock Shipbuilders share price:
1. Heavy Dependence on Defence Orders – The company mainly depends on Indian Navy contracts. Any delay or reduction in defence orders can directly impact revenue.
2. Project Execution Delays – Shipbuilding projects (especially submarines and warships) are highly complex. Delays can increase costs and affect profitability.
3. Limited Client Base – Most business comes from government defence agencies. Lack of diversified clients increases dependency risk.
4. PSU-Related Constraints – Being a government-owned company, decision-making and execution can be slower compared to private players.
5. Order Book Volatility – Revenue depends on new contract wins. If fresh orders slow down, future growth visibility weakens.
6. High Valuation Risk – Defence stocks often trade at high valuations. Any slowdown in earnings growth can lead to sharp correction.
7. Global Competition & Technology Pressure – Competition from global shipbuilders and need for continuous technology upgrades can impact long-term competitiveness.
Read Also:- Cochin Shipyard Share Price Target Tomorrow 2026, 2027 to 2030 – Current Chart, Market Overview
Key Factors Affecting Growth Mazagon Dock Shipbuilders Share Price
Here are 7 key factors affecting the growth of Mazagon Dock Shipbuilders share price:
1. Strong Defence Order Book – Mazagon Dock mainly builds warships and submarines for the Indian Navy. A strong and growing order book ensures long-term revenue visibility.
2. Government Defence Spending – Increase in India’s defence budget and focus on “Make in India” in defence directly supports company growth.
3. Project Execution & Timely Delivery – Timely completion of complex projects like submarines and destroyers improves earnings and boosts investor confidence.
4. Technological Capabilities – Advanced shipbuilding technology and expertise in complex defence vessels help win high-value contracts.
5. Margin Improvement – Better cost control, efficient execution, and favorable contracts can improve profit margins and valuation.
6. Export Opportunities – Expansion into global defence markets and export of warships can open new revenue streams.
7. Positive PSU & Defence Sector Sentiment – Strong investor interest in defence and PSU stocks can drive higher valuation and share price growth.
Mazagon Dock Shipbuilders Shareholding Pattern

| Promoter | 81.2% |
| FII | 1.8% |
| DII | 5.4% |
| Public | 11.6% |
Income Statement Of Mazagon Dock Shipbuilders

|
All values in INR
|
Mar 2025
|
Jun 2025
|
Sep 2025
|
Dec 2025
|
|---|---|---|---|---|
|
Revenue
|
31.74B
|
26.26B
|
29.29B
|
36.01B
|
|
Cost of goods sold
|
20.63B
|
12.96B
|
18.83B
|
22.90B
|
|
Cost of revenue
|
20.63B
|
12.96B
|
18.83B
|
22.90B
|
|
Research and development expenses
|
–
|
–
|
–
|
–
|
|
Total research and development expenses
|
–
|
–
|
–
|
–
|
|
Selling, general, and admin expenses
|
4.86B
|
2.50B
|
2.23B
|
2.51B
|
|
Operating expense
|
10.43B
|
10.51B
|
3.75B
|
4.47B
|
|
Total operating expenses
|
31.06B
|
23.47B
|
22.58B
|
27.37B
|
|
Operating income
|
684.30M
|
2.79B
|
6.71B
|
8.64B
|
|
Other non operating income
|
-7.66B
|
2.89B
|
2.71B
|
2.62B
|
|
EBT including unusual items
|
4.05B
|
6.00B
|
9.74B
|
11.62B
|
|
EBT excluding unusual items
|
3.40B
|
6.00B
|
9.74B
|
11.62B
|
|
Income tax expense
|
793.90M
|
1.48B
|
2.24B
|
2.83B
|
|
Effective tax rate
|
19.62%
|
24.61%
|
23.02%
|
24.31%
|
|
Other operating expenses
|
5.28B
|
7.79B
|
1.28B
|
1.73B
|
|
Net income
|
3.25B
|
4.52B
|
7.49B
|
8.80B
|
|
Net profit margin
|
10.25%
|
17.22%
|
25.59%
|
24.43%
|
|
Earnings per share
|
–
|
–
|
–
|
21.81
|
|
Interest and investment income
|
10.10B
|
–
|
–
|
–
|
|
Interest expense
|
-63.10M
|
-10.90M
|
-78.20M
|
-59.50M
|
|
Net interest expenses
|
10.04B
|
-10.90M
|
-78.20M
|
-59.50M
|
|
Depreciation and amortization charges
|
286.00M
|
230.60M
|
235.30M
|
232.10M
|
|
EBITDA
|
911.33M
|
3.07B
|
6.94B
|
8.86B
|
|
Gain or loss from assets sale
|
–
|
–
|
–
|
–
|

Hi, I’m Ronak, a news writer covering the latest updates in automobiles, education, smartphones, and trending topics. I focus on delivering simple, clear, and timely news to keep readers informed about what’s happening around the world.