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 ₹ 641 Cr.
- Current Price ₹ 320
- High / Low ₹ 329 / 159
- Stock P/E 21.4
- Book Value ₹ 125
- Dividend Yield 1.25 %
- 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 125 days to 187 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
Part of BSE Industrials
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 | 35 | 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: | 17% |
| 5 Years: | 19% |
| 3 Years: | 7% |
| 1 Year: | 13% |
| 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
| 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 | 187 |
| 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Food Products (BCool) Revenue INR crore |
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| Export Revenue Share of Total Revenue % |
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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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| 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
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Closure of Trading Window
- Trading window closes from 1 October 2026 until 48 hours after Q2 FY2026 results.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
- Croll Reynolds sold 5,90,503 Mazda shares on 18, 21 and 22 September 2026, reducing holding to 4.28%.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Shareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
Concalls
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Sep 2024Transcript
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Sep 2023Transcript
Business Segment