MAZDAIndustrials

Mazda Limited

Industrial Products · ISIN INE885E01042 · BSE 523792 · NSE EQ · FV ₹2
Last price
₹303
+0.03%today
What this company does

Mazda Limited operates in Industrial Products, part of the Industrials sector. It booked ₹80 cr of revenue in its latest quarter (Q1 FY27) and kept 9.1% of sales as profit.

Their stated mission

“to deliver environmentally responsible solutions that create lasting value.”

In the report:
66out of 100
Equitytale Health Score
Solid

Healthier than 66% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 125–284 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
58

At close. Not part of the score.

Profitability & returns64

How much profit it earns on the money it employs

Balance sheet95

How much it owes, and whether earnings cover the interest

Cash quality37

Whether reported profit actually arrives as cash

Growth & consistency53

Whether sales and profit have grown, and how steadily

Valuation50

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 62% vs last year
✓ Profit up 49% vs last year
✓ Promoters hold 49%
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Operating cash flow is negative

What if I invest in MAZDA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹303▲ +0.03%
latest close · 2026-11-04
52-wk low ₹21074 sessions so far52-wk high ₹329
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio20.7Average
LowAverageHigh
P/B ratio2.44Moderate
Below bookModerateHigh
EV / EBITDA13.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.8%Fair
WeakFairStrong ▸15%
Return on capital15.2%Strong
WeakFairStrong
Net margin9.1%Decent
ThinDecentStrong
EBITDA margin13.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover53.7×Strong
RiskyOkayStrong ▸5×
Current ratio4.08Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹607 cr
Book value
₹125
EPS
₹3.66
latest quarter
Net debt
₹-7 cr
more cash than debt
Enterprise value
₹601 cr
EBITDA
₹44 cr
annualised
EBIT
₹39 cr
annualised
Operating margin
12.2%
Return on assets
9.3%
Earnings yield
4.83%
P/S
1.89
Sales / share
₹160.5
Tax rate
23.7%
Face value
₹2
Shares
2.0 cr
Working capital
₹178 cr
Current assets
₹236 cr
Current liabilities
₹58 cr
Delivery %
55.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹76–₹172, midpoint ₹102

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹80 cr
Other Income₹4 cr
Total Income₹84 cr
Cost of Materials₹29 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹17 cr
Employee Benefit Expense₹11 cr
Finance Costs₹18.3 L
Depreciation & Amortisation₹1 cr
Other Expenses₹15 cr
Total Expenses₹74 cr
Profit before Tax₹10 cr
Tax Expense₹2 cr
Net Profit₹7 cr
Net margin on total income8.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹46 cr55.1%
Employee benefit expense₹11 cr13.5%
Finance costs₹18.3 L0.2%
Depreciation & amortisation₹1 cr1.3%
Other expenses₹15 cr18.4%
Tax expense₹2 cr2.7%
Profit for the period₹7 cr8.7%
Total income ₹84 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue47 cr64 cr80 cr
Total income49 cr64 cr84 cr
Expenses38 cr56 cr74 cr
Profit before tax11 cr9 cr10 cr
Tax3 cr2 cr2 cr
Net profit (owners' share)9 cr6 cr7 cr
Net margin (owners' share, on revenue)18.4%9.8%9.1%
EPS (₹)4.363.143.66
YoY (latest quarter): total income +55.7% · net profit +49.2%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹315 cr
Shareholder equity
₹249 cr
parent shareholders
Total debt
₹0 cr
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹-3 cr
Investing
₹10 cr
Financing
₹-8 cr
Peer comparison
Industrial Products · by market value
CompanyPriceMarket capP/E
INDO-MIM Limited₹1,204₹58,282 cr60.7
Aditya Infotech Limited₹3,881₹45,739 cr80.4
Syrma SGS Technology Limited₹1,491₹28,718 cr61.3
Honeywell Automation India Limited₹29,070₹25,582 cr48.1
Jyoti CNC Automation Limited₹967₹21,999 cr75.8
Kaynes Technology India Limited₹3,239₹21,713 cr96.2
LMW Limited₹16,927₹18,078 cr63.5
Tega Industries Limited₹1,700₹12,769 cr—
LLOYDS ENGINEERING WORKS LIMITED₹80₹12,353 cr52.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.32%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹4
ex 4 Sep 2026
ActionDetailEx-date
Dividend₹4 / share4 Sep 2026
Dividend₹3.6 / share4 Sep 2025
Stock splitStock Split From Rs.10/- to Rs.2/-28 Jan 2025
Dividend₹16 / share22 Aug 2024
Dividend₹14 / share7 Sep 2023
Dividend₹12.1 / share14 Sep 2022
Who owns it · 2026-09-30
No pledge
Promoter
48.7%
FII / Foreign
0.1%
DII / Domestic
0.1%
Retail / others
51.1%
Promoter stake up 0.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtPERCY XEREX AVARI · Director3,400 · ₹9.7 L28 Sep 26
SoldCroll Reynolds International Inc. · Designated Person1.33 L · ₹3.4 cr23 Sep 26
SoldCroll Reynolds International Inc. · Designated Person2.43 L · ₹5.9 cr22 Sep 26
Bulk / block deals
SoldCROLL REYNOLDS INTERNATIONAL INC · NSE1.33 L @ ₹254.123 Sep 26
BoughtSHARMIN NASSER · NSE1.60 L @ ₹243.2322 Sep 26
SoldCROLL REYNOLDS INTERNATIONAL INC · NSE2.43 L @ ₹243.5122 Sep 26
Stake changes
SoldCroll Reynolds International Inc.→ 4.28% · 5.91 L22 Sep 26
SoldCroll Reynolds International Inc.→ 4.28% · 5.91 L22 Sep 26
SoldMrs. Shanaya Mody Khatua, Mr. Percy Avari · promoter→ 6.88% · 5.53 L3 Sep 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 21 Sep 2026
See the official result
1
Adoption of the financial statements of the company for the financial year ended 31st March, 2026 and the reports of the Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
2.81 L votes for, 5 against · 0% of mutual funds and other big investors said no
2
Declaration of Final Dividend on equity share of the company for the financial year ended on 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
2.81 L votes for, 5 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Samuel Croll - III (DIN: 01407244), as a director retiring by rotation
Backed by 100% of shareholders other than promotersneeded 50%
2.81 L votes for, 5 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Mr. Mohib Khericha (DIN: 00010365), as a director retiring by rotation
Backed by 100% of shareholders other than promotersneeded 50%
2.81 L votes for, 5 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 48.7% between them · as of 2026-09-30
Shanaya Mody Khatua31.56%
Percy Xerex Avari10.26%
Sheila Sorab Mody6.88%
Katty X Avarino shares
Xerxis D Avarino shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.