Mazda Ltd.
•₹ 234.41-0.29%
2026-08-21
PROS
- Company is almost debt free
- Latest quarter profit grew 49.1% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 0.94x)
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- Receivables are growing faster than sales - a possible quality concern
- Company has delivered a poor sales growth of 1.5% over past five years
- Working capital days have increased from 222 to 292 days
- Company has delivered a poor profit growth of 8.3% over past five years
- Operating margins have contracted to 15.4% from 18.5%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BHEL | 414.00 | 59.26 | 144157.42 | 0.34 | 376.71 | 182.70 | 7697.72 | 40.29 | 9.24 | 6.69 |
| 2. | THERMAX | 4036.95 | 81.07 | 48102.80 | 0.50 | 21.79 | -85.61 | 2302.73 | 7.09 | 15.85 | 2.98 |
| 3. | INDOMIM | 918.35 | 85.11 | 45410.65 | 0.64 | 2401.22 | — | 12187.42 | — | 24.48 | 33.36 |
| 4. | KIRLOSENG | 2148.50 | 57.25 | 31264.94 | 0.33 | 111.06 | -20.05 | 1999.53 | 13.36 | 14.46 | 15.02 |
| 5. | JYOTICNC | 948.95 | 67.08 | 21581.31 | 0.00 | 57.14 | -19.99 | 508.47 | 23.97 | 23.88 | 21.40 |
| 6. | TRITURBINE | 580.20 | 54.85 | 18444.47 | 0.73 | 51.10 | -20.65 | 442.70 | 19.23 | 35.95 | 11.59 |
| 7. | AZAD | 2764.05 | 128.44 | 17850.72 | 0.00 | 35.16 | 19.46 | 172.60 | 25.90 | 12.28 | 37.29 |
| 8. | INOXINDIA | 1922.85 | 68.48 | 17452.46 | 0.10 | 580.72 | 850.16 | 3707.90 | 991.77 | 33.54 | 20.46 |
| 9. | LLOYDSENGG | 92.20 | 63.94 | 14300.58 | 0.27 | 68.23 | -77.28 | 527.15 | 142.92 | 17.99 | 15.04 |
| 10. | TEGA | 1776.30 | 631.59 | 13344.93 | 0.11 | -108.25 | -406.36 | 1723.44 | 383.99 | 18.56 | 3.27 |
| 11. | ELECON | 451.65 | 42.93 | 10135.02 | 0.44 | 70.35 | -59.90 | 520.56 | 6.11 | 22.27 | 20.96 |
| 12. | MAZDA | 235.90 | 0.00 | 472.39 | 1.70 | 7.33 | 49.07 | 80.34 | 61.88 | 15.17 | 9.13 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 51 | 63 | 54 | 58 | 36 | 57 | 47 | 54 | 50 | 51 | 47 | 64 | 80 | |
| 42 | 54 | 44 | 45 | 34 | 48 | 36 | 46 | 46 | 40 | 37 | 54 | 74 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 1 | 2 | 2 | 3 | 4 | 0 | 1 | 4 | 1 | 2 | 0 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 10 | 8 | 11 | 13 | 4 | 12 | 10 | 8 | 6 | 10 | 11 | 9 | 10 | |
| Tax % | 20.39% | 25.78% | 24.29% | 27.25% | 22.93% | 24.09% | 23.51% | 28.11% | 22.27% | 24.10% | 22.76% | 28.11% | 23.72% |
| Net Profit | 8 | 6 | 8 | 9 | 3 | 9 | 7 | 6 | 5 | 8 | 9 | 6 | 7 |
| 19 | 15 | 4 | 5 | 1 | 4 | 4 | 3 | 2 | 4 | 4 | 3 | 0 | |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 51
- 42
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 10
- Tax %
- 20.39%
- Net Profit
- 8
- 19
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 63
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 8
- Tax %
- 25.78%
- Net Profit
- 6
- 15
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 54
- 44
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 11
- Tax %
- 24.29%
- Net Profit
- 8
- 4
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 58
- 45
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 13
- Tax %
- 27.25%
- Net Profit
- 9
- 5
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 36
- 34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 4
- Tax %
- 22.93%
- Net Profit
- 3
- 1
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 57
- 48
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 1
- 12
- Tax %
- 24.09%
- Net Profit
- 9
- 4
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 47
- 36
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 10
- Tax %
- 23.51%
- Net Profit
- 7
- 4
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 54
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 8
- Tax %
- 28.11%
- Net Profit
- 6
- 3
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 50
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 1
- 6
- Tax %
- 22.27%
- Net Profit
- 5
- 2
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 51
- 40
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 10
- Tax %
- 24.10%
- Net Profit
- 8
- 4
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 47
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 11
- Tax %
- 22.76%
- Net Profit
- 9
- 4
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 64
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 9
- Tax %
- 28.11%
- Net Profit
- 6
- 3
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 80
- 74
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 1
- 10
- Tax %
- 23.72%
- Net Profit
- 7
- 0
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 122 | 110 | 107 | 139 | 180 | 152 | 165 | 192 | 225 | 193 | 243 | |
| 104 | 97 | 93 | 120 | 155 | 129 | 137 | 154 | 186 | 163 | 205 | |
| Operating Profit | 20 | 18 | 18 | 22 | 27 | 26 | 31 | 40 | 46 | 37 | — |
| OPM % | 16 | 16 | 17 | 16 | 15 | 17 | 19 | 21 | 21 | 19 | — |
| Other Income | 2 | 5 | 4 | 3 | 2 | 2 | 3 | 2 | 7 | 7 | 6 |
| Interest | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 4 | 4 |
| 17 | 15 | 14 | 19 | 22 | 22 | 28 | 36 | 42 | 33 | 40 | |
| Tax % | 29 | 14 | 29 | 24 | 26 | 26 | 23 | 25 | 25 | 25 | 25 |
| Net Profit | 12 | 13 | 10 | 14 | 17 | 16 | 21 | 27 | 32 | 25 | 30 |
| EPS | 0 | 0 | 0 | 0 | 0 | 41 | 53 | 66 | 79 | 12 | — |
| Dividend Payout % | 23 | 24 | 33 | 27 | 24 | 27 | 23 | 21 | 20 | 29 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 6 | 5 | 7 | 8 | 8 | 11 | 13 | 16 | 12 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 6 | 5 | 7 | 8 | 8 | 11 | 13 | 16 | 12 | — |
Mar 2016
- 122
- 104
- Operating Profit
- 20
- OPM %
- 16
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 17
- Tax %
- 29
- Net Profit
- 12
- EPS
- 0
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2017
- 110
- 97
- Operating Profit
- 18
- OPM %
- 16
- Other Income
- 5
- Interest
- 0
- Depreciation
- 3
- 15
- Tax %
- 14
- Net Profit
- 13
- EPS
- 0
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2018
- 107
- 93
- Operating Profit
- 18
- OPM %
- 17
- Other Income
- 4
- Interest
- 1
- Depreciation
- 3
- 14
- Tax %
- 29
- Net Profit
- 10
- EPS
- 0
- Dividend Payout %
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2019
- 139
- 120
- Operating Profit
- 22
- OPM %
- 16
- Other Income
- 3
- Interest
- 1
- Depreciation
- 3
- 19
- Tax %
- 24
- Net Profit
- 14
- EPS
- 0
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2020
- 180
- 155
- Operating Profit
- 27
- OPM %
- 15
- Other Income
- 2
- Interest
- 1
- Depreciation
- 3
- 22
- Tax %
- 26
- Net Profit
- 17
- EPS
- 0
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2021
- 152
- 129
- Operating Profit
- 26
- OPM %
- 17
- Other Income
- 2
- Interest
- 1
- Depreciation
- 3
- 22
- Tax %
- 26
- Net Profit
- 16
- EPS
- 41
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2022
- 165
- 137
- Operating Profit
- 31
- OPM %
- 19
- Other Income
- 3
- Interest
- 1
- Depreciation
- 2
- 28
- Tax %
- 23
- Net Profit
- 21
- EPS
- 53
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2023
- 192
- 154
- Operating Profit
- 40
- OPM %
- 21
- Other Income
- 2
- Interest
- 1
- Depreciation
- 3
- 36
- Tax %
- 25
- Net Profit
- 27
- EPS
- 66
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2024
- 225
- 186
- Operating Profit
- 46
- OPM %
- 21
- Other Income
- 7
- Interest
- 1
- Depreciation
- 4
- 42
- Tax %
- 25
- Net Profit
- 32
- EPS
- 79
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2025
- 193
- 163
- Operating Profit
- 37
- OPM %
- 19
- Other Income
- 7
- Interest
- 1
- Depreciation
- 4
- 33
- Tax %
- 25
- Net Profit
- 25
- EPS
- 12
- Dividend Payout %
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
TTM
- 243
- 205
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 1
- Depreciation
- 4
- 40
- Tax %
- 25
- Net Profit
- 30
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 5%
- 5 Years:
- 1%
- 3 Years:
- 5%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 8%
- 5 Years:
- 8%
- 3 Years:
- 5%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 16%
- 3 Years:
- 10%
- 1 Year:
- -19%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 14%
- 3 Years:
- 14%
- Last Year:
- 11%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| 95 | 114 | 120 | 130 | 128 | 143 | 160 | 182 | 208 | 226 | |
| 2 | 2 | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 13 | 11 | 14 | 23 | 19 | 12 | 16 | 18 | 14 | 16 |
| 18 | 9 | 10 | 14 | 16 | 13 | 12 | 20 | 14 | 19 | |
| Total Liabilities | 132 | 141 | 151 | 173 | 167 | 173 | 192 | 224 | 240 | 265 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 23 | 34 | 34 | 34 | 33 | 35 | 32 | 73 | 72 | 71 | |
| Capital Work in Progress | 3 | 4 | 4 | 8 | 17 | 25 | 40 | 0 | 0 | 1 |
| 41 | 47 | 57 | 43 | 28 | 40 | 31 | 43 | 78 | 89 | |
| 19 | 18 | 20 | 37 | 38 | 29 | 35 | 53 | 36 | 44 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33 | 41 | |
| Cash & Bank | 10 | 3 | 6 | 5 | 10 | 7 | 5 | 8 | 14 | 10 |
| 37 | 34 | 30 | 46 | 42 | 37 | 50 | 47 | 8 | 10 | |
| Total Assets | 132 | 141 | 151 | 173 | 167 | 173 | 192 | 224 | 240 | 265 |
| Total Debt | 2 | 2 | 3 | 2 | 1 | 1 | 0 | 0 | 0 | 0 |
| Net Working Capital | 71 | 76 | 86 | 88 | 71 | 80 | 88 | 111 | 138 | 155 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 3 |
| Book Value per Share | 233.70 | 277.06 | 292.90 | 315.53 | 329.15 | 368.11 | 409.56 | 464.18 | 529.94 | 114.82 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 |
| Total Debt | 2 | 2 | 3 | 2 | 1 | 1 | 0 | 0 | 0 | 0 |
| Net Working Capital | 71 | 76 | 86 | 88 | 71 | 80 | 88 | 111 | 138 | 155 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 3 |
| Book Value per Share | 233.70 | 277.06 | 292.90 | 315.53 | 329.15 | 368.11 | 409.56 | 464.18 | 529.94 | 114.82 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 |
Mar 2016
- Equity Capital
- 4
- 95
- 2
- Trade Payables
- 13
- 18
- Total Liabilities
- 132
- 23
- Capital Work in Progress
- 3
- 41
- 19
- 0
- Cash & Bank
- 10
- 37
- Total Assets
- 132
- Total Debt
- 2
- Net Working Capital
- 71
- Contingent Liabilities
- 0
- Book Value per Share
- 233.70
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 71
- Contingent Liabilities
- 0
- Book Value per Share
- 233.70
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 4
- 114
- 2
- Trade Payables
- 11
- 9
- Total Liabilities
- 141
- 34
- Capital Work in Progress
- 4
- 47
- 18
- 0
- Cash & Bank
- 3
- 34
- Total Assets
- 141
- Total Debt
- 2
- Net Working Capital
- 76
- Contingent Liabilities
- 0
- Book Value per Share
- 277.06
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 76
- Contingent Liabilities
- 0
- Book Value per Share
- 277.06
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 4
- 120
- 3
- Trade Payables
- 14
- 10
- Total Liabilities
- 151
- 34
- Capital Work in Progress
- 4
- 57
- 20
- 0
- Cash & Bank
- 6
- 30
- Total Assets
- 151
- Total Debt
- 3
- Net Working Capital
- 86
- Contingent Liabilities
- 0
- Book Value per Share
- 292.90
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 86
- Contingent Liabilities
- 0
- Book Value per Share
- 292.90
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 4
- 130
- 1
- Trade Payables
- 23
- 14
- Total Liabilities
- 173
- 34
- Capital Work in Progress
- 8
- 43
- 37
- 0
- Cash & Bank
- 5
- 46
- Total Assets
- 173
- Total Debt
- 2
- Net Working Capital
- 88
- Contingent Liabilities
- 0
- Book Value per Share
- 315.53
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 88
- Contingent Liabilities
- 0
- Book Value per Share
- 315.53
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 4
- 128
- 0
- Trade Payables
- 19
- 16
- Total Liabilities
- 167
- 33
- Capital Work in Progress
- 17
- 28
- 38
- 0
- Cash & Bank
- 10
- 42
- Total Assets
- 167
- Total Debt
- 1
- Net Working Capital
- 71
- Contingent Liabilities
- 0
- Book Value per Share
- 329.15
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 71
- Contingent Liabilities
- 0
- Book Value per Share
- 329.15
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 4
- 143
- 0
- Trade Payables
- 12
- 13
- Total Liabilities
- 173
- 35
- Capital Work in Progress
- 25
- 40
- 29
- 0
- Cash & Bank
- 7
- 37
- Total Assets
- 173
- Total Debt
- 1
- Net Working Capital
- 80
- Contingent Liabilities
- 1
- Book Value per Share
- 368.11
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 80
- Contingent Liabilities
- 1
- Book Value per Share
- 368.11
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 4
- 160
- 0
- Trade Payables
- 16
- 12
- Total Liabilities
- 192
- 32
- Capital Work in Progress
- 40
- 31
- 35
- 0
- Cash & Bank
- 5
- 50
- Total Assets
- 192
- Total Debt
- 0
- Net Working Capital
- 88
- Contingent Liabilities
- 0
- Book Value per Share
- 409.56
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 88
- Contingent Liabilities
- 0
- Book Value per Share
- 409.56
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 4
- 182
- 0
- Trade Payables
- 18
- 20
- Total Liabilities
- 224
- 73
- Capital Work in Progress
- 0
- 43
- 53
- 0
- Cash & Bank
- 8
- 47
- Total Assets
- 224
- Total Debt
- 0
- Net Working Capital
- 111
- Contingent Liabilities
- 0
- Book Value per Share
- 464.18
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 111
- Contingent Liabilities
- 0
- Book Value per Share
- 464.18
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 4
- 208
- 0
- Trade Payables
- 14
- 14
- Total Liabilities
- 240
- 72
- Capital Work in Progress
- 0
- 78
- 36
- 33
- Cash & Bank
- 14
- 8
- Total Assets
- 240
- Total Debt
- 0
- Net Working Capital
- 138
- Contingent Liabilities
- 0
- Book Value per Share
- 529.94
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 138
- Contingent Liabilities
- 0
- Book Value per Share
- 529.94
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 4
- 226
- 0
- Trade Payables
- 16
- 19
- Total Liabilities
- 265
- 71
- Capital Work in Progress
- 1
- 89
- 44
- 41
- Cash & Bank
- 10
- 10
- Total Assets
- 265
- Total Debt
- 0
- Net Working Capital
- 155
- Contingent Liabilities
- 3
- Book Value per Share
- 114.82
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 155
- Contingent Liabilities
- 3
- Book Value per Share
- 114.82
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 | 7 | 14 | -5 | 22 | 20 | 8 | 24 | 43 | 11 | |
| Cash from Investing | -17 | -10 | -7 | 10 | 4 | -20 | -5 | -15 | -30 | -9 |
| Cash from Financing | -4 | -4 | -4 | -9 | -19 | -2 | -6 | -6 | -6 | -7 |
| -4 | -7 | 3 | -4 | 7 | -2 | -3 | 3 | 6 | -5 | |
| Free Cash Flow | 11 | -7 | 10 | -11 | 10 | 8 | 2 | 20 | 42 | 8 |
| OCF / Net Profit | 1.44 | 0.57 | 1.32 | -0.36 | 1.34 | 1.22 | 0.40 | 0.89 | 1.36 | 0.45 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 14 | 10 | 19 | 29 | 82 | 80 |
| OCF / Net Profit | 1.44 | 0.57 | 1.32 | -0.36 | 1.34 | 1.22 | 0.40 | 0.89 | 1.36 | 0.45 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 14 | 10 | 19 | 29 | 82 | 80 |
Mar 2016
- 17
- Cash from Investing
- -17
- Cash from Financing
- -4
- -4
- Free Cash Flow
- 11
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 0
Mar 2017
- 7
- Cash from Investing
- -10
- Cash from Financing
- -4
- -7
- Free Cash Flow
- -7
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 0
Mar 2018
- 14
- Cash from Investing
- -7
- Cash from Financing
- -4
- 3
- Free Cash Flow
- 10
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
Mar 2019
- -5
- Cash from Investing
- 10
- Cash from Financing
- -9
- -4
- Free Cash Flow
- -11
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- 0
Mar 2020
- 22
- Cash from Investing
- 4
- Cash from Financing
- -19
- 7
- Free Cash Flow
- 10
- OCF / Net Profit
- 1.34
- Cumulative 5-Year FCF
- 14
- OCF / Net Profit
- 1.34
- Cumulative 5-Year FCF
- 14
Mar 2021
- 20
- Cash from Investing
- -20
- Cash from Financing
- -2
- -2
- Free Cash Flow
- 8
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 10
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 10
Mar 2022
- 8
- Cash from Investing
- -5
- Cash from Financing
- -6
- -3
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.40
- Cumulative 5-Year FCF
- 19
- OCF / Net Profit
- 0.40
- Cumulative 5-Year FCF
- 19
Mar 2023
- 24
- Cash from Investing
- -15
- Cash from Financing
- -6
- 3
- Free Cash Flow
- 20
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 29
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 29
Mar 2024
- 43
- Cash from Investing
- -30
- Cash from Financing
- -6
- 6
- Free Cash Flow
- 42
- OCF / Net Profit
- 1.36
- Cumulative 5-Year FCF
- 82
- OCF / Net Profit
- 1.36
- Cumulative 5-Year FCF
- 82
Mar 2025
- 11
- Cash from Investing
- -9
- Cash from Financing
- -7
- -5
- Free Cash Flow
- 8
- OCF / Net Profit
- 0.45
- Cumulative 5-Year FCF
- 80
- OCF / Net Profit
- 0.45
- Cumulative 5-Year FCF
- 80
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 28.27 | 30.34 | 24.18 | 33.11 | 41.56 | 40.77 | 53.04 | 66.48 | 78.70 | 12.41 |
| Book Value (₹) | 233.70 | 277.06 | 292.90 | 315.53 | 329.15 | 368.11 | 409.56 | 464.18 | 529.94 | 114.82 |
| Dividend per Share (₹) | 6.60 | 7.30 | 8.10 | 9.00 | 10.00 | 11.00 | 12.10 | 14.00 | 16.00 | 3.60 |
| Cash EPS (₹) | 6.72 | 7.31 | 6.27 | 8.00 | 10.04 | 9.79 | 11.82 | 14.87 | 17.75 | 14.35 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 15.14% | 15.10% | 16.73% | 15.95% | 14.87% | 17.04% | 18.55% | 20.54% | 17.54% | 15.43% |
| Net Margin % | 9.09% | 10.80% | 9.52% | 10.11% | 9.23% | 10.67% | 12.82% | 13.84% | 13.90% | 12.80% |
| ROE % | 12.65% | 11.88% | 8.49% | 10.88% | 12.51% | 11.69% | 13.64% | 15.22% | 15.83% | 11.24% |
| ROCE % | 18.23% | 13.92% | 12.14% | 14.64% | 17.40% | 16.25% | 18.15% | 20.78% | 21.27% | 15.17% |
| 9.43% | 9.46% | 7.06% | 8.70% | 9.78% | 9.60% | 11.65% | 12.80% | 13.56% | 9.84% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 62 | 69 | 80 | 72 | 64 | 77 | 81 | 74 | 56 | 69 |
| Inventory Days | 53 | 56 | 64 | 75 | 76 | 80 | 70 | 83 | 71 | 75 |
| Payable Days | 77 | 76 | 84 | 89 | 74 | 70 | 62 | 67 | 51 | 60 |
| 39 | 49 | 60 | 57 | 67 | 87 | 88 | 90 | 77 | 84 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.02x | 0.02x | 0.02x | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 20.54x | 32.76x | 25.58x | 25.52x | 24.74x | 32.03x | 42.13x | 57.76x | 77.85x | 62.59x |
| 3.33x | 4.78x | 4.74x | 3.48x | 3.18x | 4.51x | 4.47x | 4.25x | 6.82x | 6.44x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 3.59% | -9.53% | -2.73% | 29.09% | 29.61% | -15.17% | 8.25% | 16.08% | 17.71% | -14.27% |
| Operating Profit Growth % | 7.23% | -9.91% | 0.15% | 22.93% | 20.67% | -2.82% | 17.90% | 28.52% | 17.33% | -19.25% |
| Net Profit Growth % | 7.19% | 7.33% | -20.30% | 36.92% | 18.07% | -1.90% | 30.10% | 25.34% | 18.38% | -21.15% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 18.38% | -84.23% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.27x | 19.81x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.42x | 2.14x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.25% | 1.46% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.80x | 12.90x |
Mar 2016
- EPS (₹)
- 28.27
- Book Value (₹)
- 233.70
- Dividend per Share (₹)
- 6.60
- Cash EPS (₹)
- 6.72
- Operating Margin %
- 15.14%
- Net Margin %
- 9.09%
- ROE %
- 12.65%
- ROCE %
- 18.23%
- 9.43%
- Debtor Days
- 62
- Inventory Days
- 53
- Payable Days
- 77
- 39
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 20.54x
- 3.33x
- Revenue Growth %
- 3.59%
- Operating Profit Growth %
- 7.23%
- Net Profit Growth %
- 7.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 30.34
- Book Value (₹)
- 277.06
- Dividend per Share (₹)
- 7.30
- Cash EPS (₹)
- 7.31
- Operating Margin %
- 15.10%
- Net Margin %
- 10.80%
- ROE %
- 11.88%
- ROCE %
- 13.92%
- 9.46%
- Debtor Days
- 69
- Inventory Days
- 56
- Payable Days
- 76
- 49
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 32.76x
- 4.78x
- Revenue Growth %
- -9.53%
- Operating Profit Growth %
- -9.91%
- Net Profit Growth %
- 7.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 24.18
- Book Value (₹)
- 292.90
- Dividend per Share (₹)
- 8.10
- Cash EPS (₹)
- 6.27
- Operating Margin %
- 16.73%
- Net Margin %
- 9.52%
- ROE %
- 8.49%
- ROCE %
- 12.14%
- 7.06%
- Debtor Days
- 80
- Inventory Days
- 64
- Payable Days
- 84
- 60
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 25.58x
- 4.74x
- Revenue Growth %
- -2.73%
- Operating Profit Growth %
- 0.15%
- Net Profit Growth %
- -20.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 33.11
- Book Value (₹)
- 315.53
- Dividend per Share (₹)
- 9.00
- Cash EPS (₹)
- 8.00
- Operating Margin %
- 15.95%
- Net Margin %
- 10.11%
- ROE %
- 10.88%
- ROCE %
- 14.64%
- 8.70%
- Debtor Days
- 72
- Inventory Days
- 75
- Payable Days
- 89
- 57
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 25.52x
- 3.48x
- Revenue Growth %
- 29.09%
- Operating Profit Growth %
- 22.93%
- Net Profit Growth %
- 36.92%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 41.56
- Book Value (₹)
- 329.15
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 10.04
- Operating Margin %
- 14.87%
- Net Margin %
- 9.23%
- ROE %
- 12.51%
- ROCE %
- 17.40%
- 9.78%
- Debtor Days
- 64
- Inventory Days
- 76
- Payable Days
- 74
- 67
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 24.74x
- 3.18x
- Revenue Growth %
- 29.61%
- Operating Profit Growth %
- 20.67%
- Net Profit Growth %
- 18.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 40.77
- Book Value (₹)
- 368.11
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 9.79
- Operating Margin %
- 17.04%
- Net Margin %
- 10.67%
- ROE %
- 11.69%
- ROCE %
- 16.25%
- 9.60%
- Debtor Days
- 77
- Inventory Days
- 80
- Payable Days
- 70
- 87
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 32.03x
- 4.51x
- Revenue Growth %
- -15.17%
- Operating Profit Growth %
- -2.82%
- Net Profit Growth %
- -1.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 53.04
- Book Value (₹)
- 409.56
- Dividend per Share (₹)
- 12.10
- Cash EPS (₹)
- 11.82
- Operating Margin %
- 18.55%
- Net Margin %
- 12.82%
- ROE %
- 13.64%
- ROCE %
- 18.15%
- 11.65%
- Debtor Days
- 81
- Inventory Days
- 70
- Payable Days
- 62
- 88
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 42.13x
- 4.47x
- Revenue Growth %
- 8.25%
- Operating Profit Growth %
- 17.90%
- Net Profit Growth %
- 30.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 66.48
- Book Value (₹)
- 464.18
- Dividend per Share (₹)
- 14.00
- Cash EPS (₹)
- 14.87
- Operating Margin %
- 20.54%
- Net Margin %
- 13.84%
- ROE %
- 15.22%
- ROCE %
- 20.78%
- 12.80%
- Debtor Days
- 74
- Inventory Days
- 83
- Payable Days
- 67
- 90
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 57.76x
- 4.25x
- Revenue Growth %
- 16.08%
- Operating Profit Growth %
- 28.52%
- Net Profit Growth %
- 25.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 78.70
- Book Value (₹)
- 529.94
- Dividend per Share (₹)
- 16.00
- Cash EPS (₹)
- 17.75
- Operating Margin %
- 17.54%
- Net Margin %
- 13.90%
- ROE %
- 15.83%
- ROCE %
- 21.27%
- 13.56%
- Debtor Days
- 56
- Inventory Days
- 71
- Payable Days
- 51
- 77
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 77.85x
- 6.82x
- Revenue Growth %
- 17.71%
- Operating Profit Growth %
- 17.33%
- Net Profit Growth %
- 18.38%
- 18.38%
- P/E (x)
- 3.27x
- P/B (x)
- 2.42x
- Dividend Yield %
- 1.25%
- 10.80x
Mar 2025
- EPS (₹)
- 12.41
- Book Value (₹)
- 114.82
- Dividend per Share (₹)
- 3.60
- Cash EPS (₹)
- 14.35
- Operating Margin %
- 15.43%
- Net Margin %
- 12.80%
- ROE %
- 11.24%
- ROCE %
- 15.17%
- 9.84%
- Debtor Days
- 69
- Inventory Days
- 75
- Payable Days
- 60
- 84
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 62.59x
- 6.44x
- Revenue Growth %
- -14.27%
- Operating Profit Growth %
- -19.25%
- Net Profit Growth %
- -21.15%
- -84.23%
- P/E (x)
- 19.81x
- P/B (x)
- 2.14x
- Dividend Yield %
- 1.46%
- 12.90x
Documents
Announcements
- Record Date
2026-08-17 - Mazda Limited has informed the Exchange that Record date for the purpose of Final Dividend is 04-Sep-2026.
- Copy of Newspaper Publication
2026-08-12 - Mazda Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Sep 2024
Sep 2023