Majestic Auto Share Price Target 2025, 2026, 2030, 2040, 2050
Majestic Auto was started by Mahesh Munjal as part of the Hero Group. Initially, it was known as Majestic Gears (P) Ltd and manufactured bicycle parts for Hero Cycles. It makes silencers, spokes, and electrical items for vehicles. In 1977, it became a public company and changed its name to Majestic Auto Ltd. Around 2015, the company stopped making vehicles and started working in real estate and building management. Now, it mostly earns money by renting office and factory spaces, including its large “Knowledge Boulevard” building in Noida, and by managing these buildings.
- 1 What is Majestic Auto Ltd BSE: MAJESAUT?
- 2 Majestic Auto Share Price Target
- 3 Majestic Auto Share Price Target 2025
- 4 Majestic Auto Gas Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Majestic Auto share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Majestic Auto stock?
- 12 Majestic Auto earnings results
- 13 Is Majestic Auto stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Majestic Auto Ltd BSE: MAJESAUT?
Majestic Auto was established in 1973 in New Delhi by Mahesh Munjal. At first, it was called Majestic Gears (P) Ltd and made bicycle parts for Hero Cycles. Later, the company began producing “Hero Majestic” mopeds, which became very popular in India. It also made parts like silencers and motor parts for other vehicles. Around 2015, the company stopped making vehicles and started working in real estate and building management. Now, Majestic Auto mainly earns money by renting office and factory spaces, including its big “Knowledge Boulevard” building in Noida.
At first, it was called Majestic Gears and made bicycle parts for Hero Cycles Pvt. Ltd. This early work helped the company get ready for making vehicles later. Seeing that more people wanted two-wheelers, the company began making mopeds in 1975. By 1978, it had launched 49cc mopeds called “Hero Majestic,” which became very popular and made the company one of India’s leading moped makers, showing it could make new products that people liked. In 2025, its share price target would be ₹533, as per stock market analysts.
According to stock market analysts, its share price would be between ₹271 to ₹533 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 271 | 533 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 370 | 450 |
| February | 309 | 449 |
| March | 288 | 349 |
| April | 281 | 337 |
| May | 271 | 339 |
| June | 297 | 322 |
| July | 291 | 325 |
| August | 280 | 365 |
| September | 322 | 355 |
| October | 287 | 402 |
| November | 290 | 435 |
| December | 321 | 533 |
In the late 1990s, it began making parts for cars and other vehicles. In 1999, it partnered with Feintool from Switzerland to produce special metal parts called fine blanked components. These parts were supplied to many big car companies in India, like Maruti, Tata Motors, Mahindra & Mahindra, Ford, Toyota, General Motors, Bosch India, Fiat, Hero MotoCorp, and Force Motors. This move helped it grow in the car industry and offer more types of products. In 2026, its share price target would be ₹789, as per stock market analysts.
Its share price would be between ₹510 to ₹789 in 2026, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 510 | 789 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 510 | 600 |
| February | 524 | 624 |
| March | 545 | 647 |
| April | 565 | 660 |
| May | 582 | 678 |
| June | 600 | 688 |
| July | 610 | 699 |
| August | 621 | 710 |
| September | 623 | 721 |
| October | 645 | 735 |
| November | 665 | 755 |
| December | 678 | 789 |
It also began making electrical parts, such as die-cast rotors used in refrigerators, washing machines, power steering systems, and electric fans. These parts were sold to many different industries, showing that the company could serve different types of businesses. Adding electrical components to its products helped it grow and become stronger in the market. In 2027, its share price target would be ₹1012, as per stock market analysts.
According to stock market analysts, its share price would be between ₹750 to ₹1012 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 750 | 1012 |
In 2015, it started working in real estate and building management. The company bought Emirates Technologies Private Limited (ETPL), which owns the “Knowledge Boulevard” building in Sector-62, Noida. This office building has about 800,000 square feet of space and has become an important part of the company. This move was a big change for the company, helping it grow in new business areas like renting and managing commercial buildings. In 2028, its share price target would be ₹1236, as per stock market analysts.
Its share price would be between ₹980 to ₹1236 in 2028, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 980 | 1236 |
It not only rents office spaces but also provides complete facility management services. This includes two main areas: managing the office space itself and supporting the people who work there. Managing the office space covers planning, designing, building, leasing, maintaining, and furnishing the offices. Supporting the people includes services like catering, cleaning, IT support, human resources, accounting, marketing, and hospitality. In 2029, its share price target would be ₹1457, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1200 to ₹1457 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 1200 | 1457 |
In 2019, it started leasing industrial spaces to grow its real estate business. The company bought industrial buildings in Greater Noida to meet the rising need for such spaces in the area. This helped it to offer more types of real estate services and serve more clients, including factories and other industrial companies. The company grew stronger and improved its overall business plans by adding industrial leasing to its office space business. In 2030, its share price target would be ₹1663, as per stock market analysts.
Its share price would be between ₹1328 to ₹1663 in 2030, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1328 | 1663 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1328 | 1400 |
| February | 1340 | 1425 |
| March | 1362 | 1447 |
| April | 1370 | 1468 |
| May | 1385 | 1480 |
| June | 1389 | 1500 |
| July | 1400 | 1512 |
| August | 1410 | 1523 |
| September | 1420 | 1542 |
| October | 1429 | 1574 |
| November | 1452 | 1590 |
| December | 1480 | 1663 |
The company cares about people and the environment and works on projects to help communities and protect nature. This includes supporting schools, healthcare, and keeping the environment safe. The company wants to be a leading provider of real estate and building management services, giving good service to clients in a smart and efficient way. Its goal is to create and manage high-quality office and commercial spaces that help businesses grow and work better. In 2040, its share price target would be ₹2774, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2507 to ₹2774 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 2507 | 2774 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2507 | 2610 |
| February | 2517 | 2632 |
| March | 2542 | 2645 |
| April | 2550 | 2656 |
| May | 2567 | 2674 |
| June | 2575 | 2688 |
| July | 2580 | 2700 |
| August | 2610 | 2712 |
| September | 2621 | 2720 |
| October | 2630 | 2731 |
| November | 2642 | 2750 |
| December | 2658 | 2774 |
It plans to grow its real estate and building management services in more cities and areas, as more people need good commercial spaces. The company also wants to improve its buildings, infrastructure, and technology to give better services and work more efficiently. It aims to become stronger in the real estate and facility management business by using new ideas and focusing on what clients need. The company plans to grow steadily while keeping high quality, making sure both its clients and the company succeed in the long run. In 2050, its share price target would be ₹3980, as per stock market analysts.
Its share price would be between ₹3715 to ₹3980 in 2050, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 3715 | 3980 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3715 | 3800 |
| February | 3731 | 3821 |
| March | 3742 | 3838 |
| April | 3750 | 3850 |
| May | 3762 | 3868 |
| June | 3770 | 3884 |
| July | 3784 | 3900 |
| August | 3796 | 3912 |
| September | 3800 | 3932 |
| October | 3821 | 3940 |
| November | 3834 | 3965 |
| December | 3850 | 3980 |
Should I buy Majestic Auto stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 271 | 533 |
| 2026 | 510 | 789 |
| 2027 | 750 | 1012 |
| 2028 | 980 | 1236 |
| 2029 | 1200 | 1457 |
| 2030 | 1328 | 1663 |
| 2040 | 2507 | 2774 |
| 2050 | 3715 | 3980 |
The company changed from making products to focusing on real estate and facility management, earning steady money with good profits and low debt, which shows it is financially strong. It also pays a dividend of about 2.9%. But its revenue has dropped recently, earnings per share are lower, and the stock price has been unstable, falling by around 21% in the past year. Long-term predictions show possible growth, but it’s important to research carefully or talk to a financial advisor before investing.
Majestic Auto earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 69 | 57 | 49 | 50 | 83 | 64 | 64 |
| Expenses + | 26 | 17 | 19 | 25 | 29 | 36 | 34 |
| Operating Profit | 43 | 40 | 30 | 25 | 54 | 28 | 30 |
| OPM % | 62% | 70% | 61% | 50% | 65% | 44% | 47% |
| Other Income + | 10 | 13 | 13 | 11 | 34 | 13 | 15 |
| Interest | 20 | 17 | 14 | 14 | 14 | 15 | 14 |
| Depreciation | 9 | 9 | 9 | 9 | 9 | 9 | 10 |
| Profit before tax | 24 | 27 | 20 | 14 | 65 | 17 | 21 |
| Tax % | 188% | 20% | 47% | 65% | 49% | 48% | |
| Net Profit + | -21 | 22 | 11 | 5 | 33 | 9 | 12 |
| EPS in Rs | -15.42 | 19.17 | 8.70 | 3.64 | 30.79 | 6.55 | 9.48 |
| Dividend Payout % | 0% | 39% | 0% | 206% | 49% | 153% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 36.53 | 0.57 | 2.90% | 41.04 | 5.87 | 0.72% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Majestic Auto Ltd | 52.67 | 0.57 | 2.90% |
| Bosch Ltd | 56.30 | 8.21 | 1.33% |
| Samvardhana Motherson International Ltd | 28.71 | 2.94 | 0.55% |
| UNO Minda Ltd | 77.06 | 11.89 | 0.18% |
Is Majestic Auto stock good to buy? (bull case & bear case)

Bull Case:
- The company gives a dividend of about 2.87% as of March 2025, so investors can earn regular income.
- It has low debt with a debt-to-equity ratio of 0.23, which shows it manages money carefully and has low financial risk.
- It is investing in better buildings and technology to give better services and work more efficiently.
- The stock is trading at 0.62 times its book value, which may mean it is cheaper than its actual value.
Bear Case:
- The company’s revenue dropped from ₹834.18 million in FY2023 to ₹643.14 million in FY2024, falling about 22.9%.
- Earnings went down from ₹318.5 million in FY2023 to ₹68.06 million in FY2024, a drop of around 78.7%.
Conclusion
It earns steady money from real estate and building management, owns valuable properties like the “Knowledge Boulevard” in Noida, has low debt, and gives good dividends. Experts also expect the company to grow in the future. But its recent revenue and profits have gone down, the stock price has been unstable, sales growth is slow, return on equity is low, and some profits come from other income that may not continue. Overall, it could be good for investors who can take some risk.

