Mazda Ltd
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]
- Market Cap ₹ 496 Cr.
- Current Price ₹ 248
- High / Low ₹ 308 / 159
- Stock P/E 16.6
- Book Value ₹ 125
- Dividend Yield 1.61 %
- ROCE 15.6 %
- ROE 11.5 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- 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.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 118 | 122 | 110 | 107 | 139 | 180 | 152 | 165 | 192 | 225 | 193 | 212 | 243 | |
| 101 | 104 | 97 | 93 | 120 | 155 | 129 | 137 | 154 | 186 | 163 | 178 | 204 | |
| Operating Profit | 17 | 18 | 13 | 14 | 19 | 25 | 24 | 28 | 38 | 40 | 30 | 34 | 39 |
| OPM % | 15% | 15% | 12% | 13% | 14% | 14% | 16% | 17% | 20% | 18% | 16% | 16% | 16% |
| 1 | 2 | 5 | 4 | 3 | 2 | 2 | 3 | 2 | 7 | 7 | 7 | 6 | |
| Interest | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 4 | 4 | 4 |
| Profit before tax | 16 | 17 | 15 | 14 | 19 | 22 | 22 | 28 | 36 | 42 | 33 | 36 | 40 |
| 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 | 30 | |
| 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 | 14.94 |
| 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: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 11% |
| 3 Years: | 1% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 16% |
| 3 Years: | 7% |
| 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 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Food Products (BCool) Revenue INR crore |
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| Air Pollution Control Equipment Revenue INR crore |
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| Engineering Segment Share of Total Revenue % |
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| Evaporators Revenue INR crore |
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| Export Revenue Share of Total Revenue % |
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| Vacuum Systems Revenue INR crore |
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| Condensers Revenue INR crore |
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| Engineering Order Book INR crore |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Pursuant to Regulation 30 & 47 of SEBI (Listing Obligation and Disclosure and Requirements) Regulations, 2015 and in compliance with various circulars issued by the …
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Reg. 34 (1) Annual Report.
- Mazda Ltd submitted FY2025-26 annual report; 36th AGM on 21 September 2026 via VC.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Pursuant to Regulation 30 & 47 of SEBI (Listing Obligation and Disclosure and Requirements) Regulations, 2015 and in compliance with the various circulars issued by …
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Intimation Of Record Date Fixed For The Final Dividend Of The Financial Year 2025-26
- Final dividend record date fixed as 4 September 2026; AGM on 21 September, payment on or after 30 September.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
from bse
Concalls
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Sep 2024TranscriptPPT
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Sep 2023TranscriptPPT
Business Segment