Mazda Ltd

Mazda Ltd

₹ 226 1.71%
01 Jun 12:07 p.m.
About

Mazda Limited, incorporated in 1990, is engaged in the business of manufacturing Engineering goods like Vacuum Products, Evaporators, Pollution Control Equipments and Manufacturing of Food Products like Food colour, Various Fruit Jams & Fruit mix Powders etc. [1]

Key Points

Business Segment

  • Market Cap 453 Cr.
  • Current Price 226
  • High / Low 338 / 159
  • Stock P/E 16.5
  • Book Value 125
  • Dividend Yield 1.62 %
  • ROCE 15.6 %
  • ROE 11.5 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 26.2%

Cons

  • The company has delivered a poor sales growth of 6.83% over past five years.
  • Company has a low return on equity of 12.7% over last 3 years.
  • Debtor days have increased from 77.4 to 102 days.
  • Working capital days have increased from 161 days to 295 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
66.90 51.19 62.71 53.97 57.55 36.17 56.79 46.78 53.52 49.63 50.84 47.39 64.19
51.77 42.19 54.27 43.72 45.46 34.45 47.80 36.09 45.63 46.40 40.38 36.60 54.18
Operating Profit 15.13 9.00 8.44 10.25 12.09 1.72 8.99 10.69 7.89 3.23 10.46 10.79 10.01
OPM % 22.62% 17.58% 13.46% 18.99% 21.01% 4.76% 15.83% 22.85% 14.74% 6.51% 20.57% 22.77% 15.59%
0.61 1.85 1.00 1.77 1.96 3.14 3.88 0.20 0.92 4.27 0.82 1.84 0.12
Interest 0.16 0.19 0.10 0.11 0.15 0.15 0.07 0.21 0.10 0.16 0.25 0.28 0.32
Depreciation 0.95 1.00 1.00 1.00 1.02 0.96 0.97 0.98 0.98 1.02 1.04 1.06 1.07
Profit before tax 14.63 9.66 8.34 10.91 12.88 3.75 11.83 9.70 7.73 6.32 9.99 11.29 8.74
Tax % 27.41% 20.39% 25.78% 24.20% 27.25% 22.93% 24.09% 23.51% 28.07% 22.31% 24.22% 22.67% 28.15%
10.63 7.70 6.19 8.26 9.37 2.90 8.98 7.42 5.56 4.91 7.58 8.72 6.29
EPS in Rs 5.32 3.85 3.10 4.13 4.68 1.45 4.49 3.71 2.78 2.45 3.79 4.35 3.14
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
118 122 110 107 139 180 152 165 192 225 193 212
101 104 97 93 120 155 129 137 154 186 163 178
Operating Profit 17 18 13 14 19 25 24 28 38 40 30 34
OPM % 15% 15% 12% 13% 14% 14% 16% 17% 20% 18% 16% 16%
1 2 5 4 3 2 2 3 2 7 7 7
Interest 0 1 0 1 1 1 1 1 1 1 1 1
Depreciation 2 2 3 3 3 3 3 2 3 4 4 4
Profit before tax 16 17 15 14 19 22 22 28 36 42 33 36
Tax % 30% 29% 14% 29% 24% 26% 26% 23% 25% 25% 25% 24%
11 12 13 10 14 17 16 21 27 32 25 28
EPS in Rs 5.27 5.65 6.07 4.84 6.62 8.32 8.16 10.62 13.32 15.76 12.41 13.74
Dividend Payout % 23% 23% 24% 34% 27% 24% 27% 23% 21% 20% 29% 29%
Compounded Sales Growth
10 Years: 6%
5 Years: 7%
3 Years: 3%
TTM: 10%
Compounded Profit Growth
10 Years: 9%
5 Years: 11%
3 Years: 1%
TTM: 11%
Stock Price CAGR
10 Years: 14%
5 Years: 11%
3 Years: 4%
1 Year: -11%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 13%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 4 4 4 4 4 4 4 4 4 4 4 4
Reserves 87 95 114 120 130 128 143 160 182 208 226 245
3 2 2 3 2 1 1 0 1 0 0 0
29 31 20 24 37 34 24 28 38 28 35 66
Total Liabilities 123 132 141 151 173 167 173 192 224 240 265 315
21 23 34 34 34 33 35 35 76 75 74 74
CWIP 0 3 4 4 8 17 25 40 0 0 1 0
Investments 33 41 47 57 43 28 40 31 43 78 89 65
69 65 56 56 88 89 73 86 105 88 101 175
Total Assets 123 132 141 151 173 167 173 192 224 240 265 315

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
16 17 7 14 -5 22 20 8 24 43 11 -19
-9 -17 -10 -7 10 4 -20 -5 -15 -30 -9 24
-4 -4 -4 -4 -9 -19 -2 -6 -6 -6 -7 -8
Net Cash Flow 3 -4 -7 3 -4 7 -2 -3 3 6 -5 -3
Free Cash Flow 11 10 -8 13 -12 10 10 -7 19 40 7 -23
CFO/OP 117% 125% 81% 117% 1% 112% 112% 49% 82% 134% 63% -35%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 70 68 75 85 79 67 76 92 70 54 77 102
Inventory Days 114 111 116 132 181 133 131 156 208 113 178 394
Days Payable 71 75 70 93 112 66 55 70 73 44 63 89
Cash Conversion Cycle 113 104 120 124 148 135 152 178 205 122 191 407
Working Capital Days 73 59 84 79 105 84 94 118 116 78 111 295
ROCE % 18% 17% 14% 12% 15% 17% 16% 18% 21% 21% 15% 16%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2024 Sep 2025
Number of Employees
Number

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Order Book
Rs. Crore
Estimated Domestic Market Share - Vacuum Systems
Rs. Crore
Full Capacity Utilization (Food Division - Single Shift)
Rs. Crore
Maximum Revenue Capacity (Engineering Division)
Rs. Crore

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
48.34% 48.34% 48.34% 48.34% 48.34% 48.52% 48.52% 48.58% 48.58% 48.58% 48.58% 48.58%
0.16% 0.21% 0.20% 0.21% 0.21% 0.20% 0.27% 0.15% 0.15% 0.08% 0.13% 0.05%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
51.47% 51.41% 51.43% 51.43% 51.42% 51.24% 51.16% 51.21% 51.21% 51.29% 51.24% 51.32%
No. of Shareholders 6,6416,4538,52110,10510,68510,44511,88612,98112,92314,90014,19613,992

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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