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Mazda Limited MAZDA NSEINFRA

Industrials · Specialty Industrial Machinery · India
https://www.mazdalimited.com

Mazda Limited manufactures and sells engineering goods in India and internationally. The company operates in two segments, Engineering Products and Food Products. It offers vacuum systems, including steam jet boosters and ejectors; steam jet air ejector systems; combination vacuum systems of steam jet ejectors, liquid ring vacuum pumps, and liquid jet ejectors; thermocompressors; liquid and air jet ejectors; vapour and gas jet ejectors/systems; steam and liquid jet liquid ejectors; steam jet liquid heaters and mixers; single/double stage liquid ring vacuum pumps; and hotshot mechanical automatic pumps. It also provides evaporators comprising OSLO crystallizers, agitated thin film dryer, and stripper systems, and pilot plant, as well as falling/rising film, forced circulation, and combination type evaporators; vapor absorption machines/heat pumps and chiller vector systems; and air pollution control equipment, such as comprise jet venturi and high energy fume, and packed tower scrubbers. In addition, it offers heat transfer products, including condensing systems, steam surface condensers, steam jet air ejector systems, gland vent condensers, dump condensers, feed water heaters, oil coolers, shell and tube heat exchangers, flash tanks, and pressure vessels; and manufactures food products, such as instant drink powder, flavoring essence and extracts, food color, fruit jams, fruit squash, rose syrup, rose water/kewra water, vinegar/soya sauce, baking/vanilla/custard powder, and mango chutney/mixed pickle. Further, the company provides vapour absorption machines/heat pumps, chiller vactor system; and jet venturi fume scrubbers, high energy fume and packed tower scrubber. It serves chemicals and pesticides, drugs and pharmaceuticals, dye and intermediates, edible oil refining, ethylene-glycol-motive fluid, fertilizers, petroleum refinery, petro chemicals, power, steel, and vegetable oil industries. The company was incorporated in 1990 and is based in Ahmedabad, India.

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₹223.42
-17.19% 1Y

Market & Price

Market Cap
₹447.40 Cr
Current Price
₹223.42
High / Low (52W)
₹313.37 / ₹161.12
Beta
-0.09

Valuation

Stock P/E
16.72
Industry PE
27.78
Forward P/E
-
PEG Ratio
-
Book Value
₹117.60
Price to Book
1.90
P/S
2.11
EV/EBITDA
8.87
Dividend Yield
1.61%

Profitability & Returns

ROCE
13.98%
ROE
11.48%
ROA
6.54%
Profit Margin
12.97%
Op Margin
13.93%
EPS (Latest Qtr)
₹4.36
EPS (TTM)
₹13.36

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
2.23
Current Ratio
4.08
Debt
₹0
Total Assets
₹264.69 Cr
Current Assets
₹184.02 Cr
Working Capital
₹155.46 Cr

Ownership

Promoter Holding
62.36%
Chg in Prom Hold
-
FII / Inst Holding
0.00%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹305.88 Cr
Total Revenue (TTM)
₹212.05 Cr
EBITDA
₹34.49 Cr
Free Cash Flow
₹-31.15 Cr
Operating Cash Flow
₹-18.77 Cr
Shares Outstanding
₹2.00 Cr
Gross Margin
47.11%
Payout Ratio
26.93%

Growth (CAGR)

Revenue 5Y
5.46%
Profit 5Y
5.37%
Revenue (YoY)
21.60%
Earnings (YoY)
35.10%

PROS

No notable strengths flagged.

CONS

  • Trading 28.7% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MAZDA Mazda Limited NSEINFRA 223.42 16.72 ₹447.40 Cr 1.61% 13.98% 11.48% 5.46% 5.37%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue -46.78 Cr52.23 Cr49.63 Cr50.84 Cr47.39 Cr
Cost of Revenue -17.58 Cr31.56 Cr25.63 Cr20.38 Cr15.65 Cr
Gross Profit -29.20 Cr20.67 Cr24.01 Cr30.46 Cr31.74 Cr
Operating Expenses -19.49 Cr13.49 Cr21.80 Cr21.03 Cr22.02 Cr
Operating Income -9.71 Cr7.18 Cr2.21 Cr9.43 Cr9.73 Cr
EBITDA -10.89 Cr8.28 Cr7.50 Cr11.28 Cr12.63 Cr
Interest Expense -20.93 L-43.15 L15.54 L25.10 L28.20 L
Pretax Income -9.70 Cr7.72 Cr6.32 Cr10.00 Cr11.29 Cr
Tax Provision -2.28 Cr2.17 Cr1.41 Cr2.41 Cr2.57 Cr
Net Income -7.42 Cr5.56 Cr4.91 Cr7.58 Cr8.72 Cr
Diluted EPS 4.483.71-2.453.794.36

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Revenue 163.66 Cr189.59 Cr223.76 Cr191.98 Cr
Cost of Revenue 84.98 Cr98.20 Cr121.13 Cr94.25 Cr
Gross Profit 78.68 Cr91.39 Cr102.64 Cr97.73 Cr
Operating Expenses 53.53 Cr56.57 Cr64.28 Cr71.39 Cr
Operating Income 25.15 Cr34.82 Cr38.36 Cr26.35 Cr
EBITDA 30.15 Cr38.91 Cr45.82 Cr36.89 Cr
Interest Expense 8.55 L3.39 L1.75 L11,000
Pretax Income 27.65 Cr35.72 Cr41.79 Cr33.01 Cr
Tax Provision 6.41 Cr9.10 Cr10.27 Cr8.15 Cr
Net Income 21.24 Cr26.63 Cr31.52 Cr24.85 Cr
Diluted EPS 10.6113.3015.7412.41

Compounded Sales Growth

5 Years:5.46%
1 Year:21.60%

Compounded Profit Growth

5 Years:5.37%
1 Year:35.10%

Stock Price Performance

1 Year:-17.19%
6 Months:-5.75%
3 Months:+9.73%
1 Month:+3.96%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets 191.88 Cr224.28 Cr240.50 Cr264.69 Cr
Current Assets 112.98 Cr144.95 Cr161.35 Cr184.02 Cr
Cash & Equivalents 4.45 Cr7.84 Cr14.10 Cr9.44 Cr
Inventory 34.65 Cr52.90 Cr35.92 Cr43.70 Cr
Receivables 41.59 Cr36.70 Cr33.18 Cr40.65 Cr
Total Liabilities 27.85 Cr38.38 Cr28.26 Cr34.77 Cr
Current Liabilities 25.30 Cr34.10 Cr23.66 Cr28.56 Cr
Long Term Debt 0000
Total Debt 27.66 L63.02 L00
Total Equity 164.03 Cr185.90 Cr212.24 Cr229.93 Cr
Shares Outstanding 2.00 Cr2.00 Cr2.00 Cr2.00 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow 8.40 Cr23.59 Cr43.02 Cr11.07 Cr
Investing Cash Flow -4.98 Cr-14.61 Cr-30.30 Cr-8.78 Cr
Financing Cash Flow -6.10 Cr-5.62 Cr-6.46 Cr-6.94 Cr
Capital Expenditure -15.85 Cr-4.60 Cr-2.87 Cr-4.01 Cr
Free Cash Flow -7.45 Cr18.98 Cr40.15 Cr7.06 Cr
Net Change in Cash -2.68 Cr3.36 Cr6.26 Cr-4.66 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Gross Margin % 48.1%48.2%45.9%50.9%
Operating Margin % 15.4%18.4%17.1%13.7%
Net Margin % 13.0%14.0%14.1%12.9%
ROE % 13.0%14.3%14.9%10.8%
ROCE % 15.1%18.3%17.7%11.2%

Shareholding Pattern

Insiders
62.36%
Institutions
0.00%
Public Float
0.00%

Analyst View

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