Mazagon Dock Shipbuilders Share Price Target 2024, 2025, 2030, 2040, 2050
It is set up near the sea cost in Mumbai, because it helps to load, and repair the old ship easily. It used to build several advanced ships for the Indian defence sector. It is an Indian company that supplies its products domestically and globally.
What is Mazagon Dock Shipbuilders Ltd (MDL)?
Contents
- 1 What is Mazagon Dock Shipbuilders Ltd (MDL)?
- 2 Mazagon Dock Shipbuilders share price Target 2024
- 3 Mazagon Dock Shipbuilders share price Target 2025
- 4 Mazagon Dock Shipbuilders share price Target 2030
- 5 Mazagon Dock Shipbuilders share price Target 2040
- 6 Mazagon Dock Shipbuilders share price Target 2050
- 7 Should I Buy Mazagon Dock Shipbuilders’ stock?
- 8 Mazagon Dock Shipbuilders Ltd Earning Results
- 9 Is Mazagon Stock Good to Buy? (Bull case & Bear case)
- 10 Bull Case:
- 11 Bear Case:
- 12 Conclusion
- 13 FAQs
It is an Indian company which builds and repairs ships and submarines. this company makes the defence products.
The company builds navy ships and repairs damaged ships. Also, they built and repaired the latest and high-tech submarines. They also upgrade the old products. The company serves both national and international customers in the Defense sector and civil operations, and as it is an Indian company it gets a high support from the government.
As we know this company makes warships and submarines for the Indian Navy. This company is one of the strongest parts of India’s naval strength. It is one of the top shipyards in India, where ships are built and fixed. The company started 90 years ago, as a small repair yard. Recently, it has grown quickly because of India’s strategic needs, technological progress, and dedication to quality.
| Year | Minimum Price | Maximum Price |
| 2024 | 2200 | 3000 |
The company has a huge order book from the Indian government and from abroad too which will definitely impact its company condition and also its share price going in a positive direction.
If the company achieves this target within a certain time, it will increase its revenue and sales profit. If we look at the financial condition of this company then it looks very strong.
| Year | Minimum Price | Maximum Price |
| 2025 | 2800 | 3800 |
The shipyard slowly became a trusted partner for the Navy. The company quickly provided new ships of very high quality with advanced technology, which boosted India’s naval strength. This company not only has many orders, but it also has a great future. The company spent a huge money to upgrade its manufacturing facilities. All these efforts will likely increase the company’s stock value in the future.
| Year | Minimum Price | Maximum Price |
| 2030 | 6900 | 8000 |
As the way India keeps upgrading and getting stronger to the highest level, this company will get more opportunities if it effectively fulfils the requirements of the Indian Navy. The company has increased its capacity to build warships. Also as the company gets new and larger orders this company modernized its building equipment to reduce the time of making the products. It’s currently making products domestically. So the features of this company look good.
| Year | Minimum Price | Maximum Price |
| 2040 | 15000 | 18000 |
The way the company has grown rapidly since 2022, the number of investors will likely increase in upcoming years. The company connected with the defences sector is the major factor of it and also it is an Indian company which plays a big role in it. The government continuously increase its budget to invest in this company to build the strongest defence power. The company has zero debt which is also a positive sign, all its factories across India are in profit so in the long term it will give a very good return.
| Year | Minimum Price | Maximum Price |
| 2050 | 28000 | 35000 |
| 2040 | 15000 | 18000 |
| 2030 | 6900 | 8000 |
| 2025 | 2800 | 3800 |
| 2024 | 2200 | 3000 |
Should I Buy Mazagon Dock Shipbuilders’ stock?
The company’s future looks very positive due to investments in advanced technologies by the Indian government as we all want to stay updated. It is also leading the construction of four Nilgiri-class stealth frigates. Currently, the company has many growth opportunities.
It recently signed a contract with the Indian Coast Guard which has increased its share price. So if our answer is yes to buying this stock also, you should always be aware of the share market risk, so pre-decide your risk.
Mazagon Dock Shipbuilders Ltd Earning Results
Quarterly – Mazagon Dock Shipbuilders Q4 Results
*All figures in crores except per share values
| Fiscal Period | Mar 24 | Dec 22 | QoQ Comp | Mar 23 | YoY Comp |
| Total Revenue | 3,103.65 | 1,815.91 | 31.37% | 2,078.59 | 49.32% |
| Selling/ General/ Admin Expenses Total | 225.71 | 197.86 | 1.52% | 209.23 | 7.88% |
| Depreciation/ Amortization | 22.93 | 18.36 | 13.12% | 20.37 | 12.57% |
| Other Operating Expenses Total | 251.41 | 411.40 | -17.55% | 184.99 | 35.90% |
| Total Operating Expense | 2,602.46 | 1,538.54 | 41.16% | 1,888.34 | 37.82% |
| Operating Income | 501.19 | 277.37 | -3.41% | 190.25 | 163.44% |
| Net Income Before Taxes | 848.64 | 451.73 | 7.94% | 399.53 | 112.41% |
| Net Income | 662.97 | 354.16 | 5.77% | 326.19 | 103.25% |
| Diluted Normalized EPS | 32.87 | 17.56 | 5.76% | 16.17 | 103.24% |
Is Mazagon Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- Strong Order: As India keeps investing in the Indian navy to make it strong, the company has a large order, which will grow this company.
- Technology: The company is investing in new technologies like automation and 3D printing, which can make building ships faster and cheaper.
- Strategic Importance: As India focuses on strengthening its defence capabilities, this company is a key player in building warships and submarines, which benefit from increased government spending on defence.
- Track Record: With a history of building many ships, including warships and submarines, MDL has a proven track record of delivering high-quality products.
- Market Performance: Working with IIT Madras on research projects can lead to new technologies, helping it to stay ahead of other companies.
Bear Case:
- Technological Challenges: sometimes the new technology will give good results for growth, but its change is very low. All want the latest technology, and if it not works there is an option to modify and upgrade.
- Economic Factors: Broader economic factors such as inflation, interest rates, and global economic conditions can impact the defence sector and, consequently, MDL’s financial performance.
- Stock Volatility: Defense stocks can be volatile, and any negative news related to geopolitical issues, defence policies, or company-specific problems could lead to significant stock prices.
Conclusion
So, we have given you all the details of this company and by reading this article you will easily decide, whether to buy it or not. The company has consistently attracted investors, which is a good sign for regular investors. Some people think the stock is very expensive, but the rising trend, increase in share price, strong financial numbers, and confidence from big investors all show that the company is doing well.
