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Prices as of 9 Oct 2026 close · Not investment advice

Mazda Limited

NSE: MAZDAIndustrial ProductsTrade-to-trade true

Share price

₹279.05

+2.71% close of 9 Oct 2026

Market cap ₹558 CrP/E 18.7

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

62

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹558 Cr

P/E ratio

18.7

P/B ratio

2.2

ROCE

15.6%

ROE

11.7%

Dividend yield

1.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹303.3052-week low ₹161.12

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 17.4% over the past year, and 7.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 18.9% to 17.0% over the last four years.

Whether it grew faster than its sector

It grew 7.5% a year against a sector median of 10.6% — 3.1 percentage points slower.

Room to re-rate, or risk of de-rating

At 18.7× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 69.6×, across 5 companies. It is against its own five-year median of 16.2×, the 73rd percentile of its own range.

Whether growth justifies the valuation

Priced at 18.7 times its growth rate, on earnings growth of 1%.

Profit growthPrice per ₹1 profitPer 1% growth
Mazda Limited — this one1%/yr18.7×₹18.7
Aditya Infotech Limited48%/yr105.3×₹2.2
Syrma SGS Technology Limited39%/yr89.5×₹2.3
Honeywell Automation India Limited7%/yr53.0×₹7.6
Jyoti CNC Automation Limited157%/yr69.6×—
Kaynes Technology India Limited51%/yr63.2×₹1.2

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Industrial Products), it ranks 30 of 75 on returns, 49 of 75 on growth, 27 of 75 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 15.6% on capital, ahead of 60% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹67 crore of cash from the business, spent ₹31 crore on plant and equipment, and returned ₹33 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 70 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 118 days for its cash to waiting 187 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Standalone · Unaudited

Revenue

₹80 Cr

Revenue vs last year

+61.9%

Revenue vs last quarter

+25.2%

Net profit

₹7 Cr

Profit vs last year

+49.4%

Profit vs last quarter

+16.6%

Net margin

9.1%

EPS

₹3.66

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹558 Cr
Prev close
₹279.05
52w High
₹310
52w Low
₹159
Enterprise value
₹488 Cr
Beta
1.1
Price CAGR 1y
-3.0%
Price CAGR 3y
10.0%
Price CAGR 5y
16.0%
Price CAGR 10y
16.0%

Ratios

Return on assets
8.9%
PEG ratio
18.7
P/E ratio
18.7
P/B ratio
2.2
EV / EBITDA
12.7
Industry P/E
36.1
ROCE
15.6%
ROCE 5y average
18.2%
ROE
11.7%
Debt / Equity
0.0
Interest coverage
37.0
Dividend yield
1.4%
ROE 3y average
13.0%
ROE last year
11.0%

Annual P&L

Annual revenue
₹212 Cr
Annual profit
₹28 Cr
Operating margin
16.0%
Net profit margin
13.2%
EBITDA margin
16.5%
Sales growth 3y
3.4%
Sales growth 5y
6.9%
Profit growth 3y
1.0%
Profit growth 5y
11.0%
EPS
₹13.7
Sales growth TTM
17.0%
Profit growth TTM
11.0%
Dividend payout
29.0%

Quarter P&L

Sales latest quarter
₹80 Cr
Profit latest quarter
₹7 Cr
YoY quarterly sales growth
61.9%
YoY quarterly profit growth
49.3%
OPM latest quarter
9.1%

Balance Sheet

Book Value
₹125
Face Value
₹2.0
Total debt
₹0 Cr
Total cash
₹7 Cr
Borrowings
₹0 Cr
Reserves / Equity
61.3

Cash Flow

Operating cash flow
-₹19 Cr
Free cash flow
-₹23 Cr
FCF yield
-4.3%
Net cash flow
-₹3 Cr

Shareholding

Promoter holding
48.7%
FII holding
0.1%
DII holding
0.1%
Public holding
51.2%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indo-MIM1,310.75100.464,8140.00240.131.61,218.79.425.0
Aditya Infotech3,950.00101.548,4380.04142.2332.51,402.489.528.6
Syrma SGS Tech.1,722.0089.433,2050.09105.7101.21,588.668.316.8
Honeywell Auto33,280.0052.629,4200.33150.720.91,204.41.816.9
Jyoti CNC Auto.1,041.5073.623,6860.0057.1-20.0508.524.021.3
Kaynes Tech3,296.2563.822,1580.0056.4-24.4946.040.512.7
LMW16,772.0098.117,9180.2155.5369.2860.724.05.6
Mazda283.9019.05691.417.349.380.361.915.6
Median345.8035.76440.005.731.374.623.215.9

Competes with: Aditya Infotech Limited, Honeywell Automation India Limited, INDOMIM, Jyoti CNC Automation Limited, Kaynes Technology India Limited, LLOYDS ENGINEERING WORKS LIMITED, LMW Limited, Syrma SGS Technology Limited, Tega Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales51635458365747545051476480
Expenses42544445344836464640375473
Material Cost272238314429
Change in Inventories-0.353.93-17-16-1517
Purchases of Stock-in-Trade000000
Employee Cost6.469.867.527.297.9111
Other Expenses121112141715
Operating Profit98.4410121.728.99117.893.231011107.34
OPM %181319214.761623156.512123169.14
Other Income1.8511.771.963.143.880.200.924.270.821.840.123.59
Exceptional items (within Other Income)000000
Interest0.190.100.110.150.150.070.210.100.160.250.280.320.18
Depreciation1111.020.960.970.980.981.021.041.061.071.13
Profit before tax9.668.3411133.75129.707.736.329.99118.749.62
Tax %20262427232424282224232824
Net Profit7.706.198.269.372.908.987.425.564.917.588.726.297.33
EPS in Rs3.853.104.134.681.454.493.712.782.453.794.353.143.66
Diluted EPS in Rs2.772.453.794.363.143.66

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales118122110107139180152165192225193212243
Expenses1011049793120155129137154186163178204
Material Cost95134
Change in Inventories-5.68-43
Purchases of Stock-in-Trade00
Employee Cost2933
Other Expenses4454
Operating Profit17181314192524283840303539
OPM %15151213141416172018161616
Other Income1254322327776
Exceptional items (within Other Income)00
Interest01011111110.541.011
Depreciation2233333234.023.894.184
Profit before tax16171514192222283642333640
Tax %302914292426262325252524
Net Profit11121310141716212732252830
EPS in Rs5.275.656.074.846.628.328.16111316121415
Diluted EPS in Rs1214
Dividend Payout %232324342724272321202929

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

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
10%
1 year
-3%

Return on equity

10 years
12%
5 years
13%
3 years
13%
Last year
11%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4444444444.014.014.01
Reserves8795114120130128143160182208226245
Borrowings322321101000
Other Liabilities293120243734242838283566
Total Liabilities123132141151173167173192224240265315
Fixed Assets212334343433353576757474
CWIP034481725400010
Investments334147574328403143788965
Other Assets696556568889738610588101175
Total Assets123132141151173167173192224240265315

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1617714-522208244311-19
Cash from Investing Activity-9-17-10-7104-20-5-15-30-924
Cash from Financing Activity-4-4-4-4-9-19-2-6-6-6-7-8
Net Cash Flow3-4-73-47-2-336-5-3
Free Cash Flow1110-813-121010-719407.17-23

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7068758579677692705477102
Inventory Days114111116132181133131156208113178394
Days Payable7175709311266557073446389
Cash Conversion Cycle113104120124148135152178205122191407
Working Capital Days73598479105849411811678111187
ROCE %181714121517161821211516

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters484848484949494949494949
FIIs0.210.200.210.210.200.270.150.150.080.130.050.07
DIIs0.020.020.020.020.020.050.050.050.050.050.050.05
Public515151515151515151515151
No. of Shareholders6,4538,52110,10510,68510,44511,88612,98112,92314,90014,19613,99213,620

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -3.5% (₹289.15 → ₹279.05)Brick size ₹14.53 (fixed)Bricks 19
₹200₹250₹279Nov '25Mar '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹279.05 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-69.74inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Mazda Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • cast iron, stainless steel, high alloy steel and stainless-steel nozzles
  • fruit pulp, sugar and food colour inputs (Food Division)
  • plastics and FRP components

Depends on the price of

  • steel

Sells to

  • Croll Reynolds Co. Inc., USA · Vacuum ejector systems, surface condensers, evaporators and spares; FY25 AGM/concall: 'Our…
  • DCM Shriram Limited · Ejectors
  • Hindustan Coca-Cola Beverages Pvt Ltd · Smart Rod System (non-chemical anti-scaling/descaling); concall: 'We have already started…
  • Paharpur Cooling Towers Ltd. · Steam Jet Air Ejector Systems
  • Praj Industries Limited · Vacuum systems and evaporators for distillery/process plants
  • Reliance Industries · Vacuum Ejector Package System for crude unit / refinery application
  • Saptagir Camphor Limited · Four Stage Steam Ejector Vacuum System
  • Shree Digvijay Cement Co.Ltd · Industrial materials/equipment
  • Triveni Turbine Limited · Surface condensers, ejector systems and heaters

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Industrial Products
Classification
Capital Goods › Industrial Products
ISIN
INE885E01042

Business segments

  • ENGINEERING DIVISION · 83%
  • FOOD DIVISION · 17%

Plants

  • Engineering Division Unit I - GIDC Naroda
  • Engineering Division Unit II - Hitendranagar, Naroda
  • Engineering Division Unit III - GIDC Odhav
  • Engineering Division Unit IV - GIDC Naroda Phase-III
  • Engineering Division Unit V - GIDC Vatva Phase-IV
  • Food Division Plant - Gallops Industrial Park, Changodar

News impact

Big market events that reach Mazda Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

4 Sep 2026unspecified₹4
4 Sep 2025unspecified₹3.6
28 Jan 2025split₹0
22 Aug 2024unspecified₹16
7 Sep 2023unspecified₹14
14 Sep 2022unspecified₹12.1
8 Sep 2021unspecified₹11
16 Sep 2020unspecified₹2.5

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020

Bulk & block deals

DateWhoBought / soldSharesPrice
23 Sep 2026CROLL REYNOLDS INTERNATIONAL INCSELL1,33,247₹254.10
22 Sep 2026CROLL REYNOLDS INTERNATIONAL INCSELL2,42,927₹243.51
22 Sep 2026SHARMIN NASSERBUY1,60,000₹243.23
21 Sep 2026CROLL REYNOLDS INTERNATIONAL INCSELL1,12,884₹256.58
18 Sep 2026CROLL REYNOLDS INTERNATIONAL INCSELL1,50,000₹261.07

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
29 Sep 2026PERCY XEREX AVARI · DirectorBUY3,4000.10
25 Sep 2026Croll Reynolds International Inc. · Designated PersonSELL1,33,2473.35
24 Sep 2026Croll Reynolds International Inc. · Designated PersonSELL2,42,9275.86
23 Sep 2026Croll Reynolds International Inc. · Designated PersonSELL2,00,1495.17
23 Sep 2026Croll Reynolds International Inc. · Designated PersonSELL1,47,4273.75
25 Aug 2026PERCY XEREX AVARI · DirectorBUY4,1000.10

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.