It is essential to evaluate the mechanical properties of propellants in a solid propellant rocket motor (SPRM) for structural integrity and its performance evaluation before the flight test. Conventionally, uni-axial tensile testing on an universal testing machine (UTM) is used to evaluate the mechanical properties of solid propellant carton which is cast along with SPRM. Propellants in rocket motors experience various types of loading during storage, transportation, and environmental conditions over the period of time before actual flight whereas the propellant carton doesn't experience the same as it is stored in magazine. At present, the mechanical properties of propellant cast in a carton are considered to be the mechanical properties of propellant in a rocket motor, which is not truly representative. Therefore, a non-destructive indentation technique has been used to establish a method for evaluating the mechanical properties of solid propellants in rocket motors based on hydroxyl terminated polybutadiene. The test results obtained using the penetrometer indentation technique was analyzed comprehensively and compared with UTM results. The mathematical correlations were also developed using least square method and established by conducting the penetrometer indentation test on similar propellant composition. Further, the developed correlation was used to evaluate the mechanical properties of propellant in flight SPRM by penetrometer indentation technique.