Mazda Ltd - Stock Valuation and Financial Performance

BSE: 523792 | NSE: MAZDA | Engineering - Industrial Equipments | Small Cap

Mazda Share Price

1,464.60 -27.00 -1.81%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Mazda

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Mazda stock performance -

mw4me loader
P/E Ratio (SA):
19.88
Market Cap:
586.6 Cr.
52-wk low:
1,087.3
52-wk high:
1,650.2

Is Mazda Ltd an attractive stock to invest in?

1. Is Mazda Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mazda Ltd is a good quality company.

2. Is Mazda Ltd undervalued or overvalued?

The key valuation ratios of Mazda Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Mazda Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Mazda Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Mazda:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mazda Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 18.3%18.2%13.9%12.1%14.6%17.4%16.3%18.2%20.8%21.3%-
Value Creation
Index
0.30.30.0-0.10.10.20.20.30.50.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 118122110107139180152165192225204
Sales YoY Gr.-3.6%-9.5%-2.7%29.1%29.6%-15.2%8.3%16.1%17.7%-
Adj EPS 24.726.430.617.627.640.139.451.465.775.973.7
YoY Gr.-7%15.9%-42.6%56.6%45.4%-1.7%30.5%28%15.4%-
BVPS (₹) 213.4233.7277.1292.9315.5329.2368.1409.6464.2529.9542.7
Adj Net
Profit
10.511.3137.511.71615.820.626.330.429
Cash Flow from Ops. 15.717.37.313.6-5.122.3208.423.643-
Debt/CF from Ops. 0.20.10.30.2-0.400000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.5%10.2%13.9%17.7%
Adj EPS 13.3%22.5%24.4%15.4%
BVPS10.6%10.9%12.9%14.2%
Share Price 18% 30.3% 34.4% 18.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
12.111.8126.29.112.111.313.215.115.313.7
Op. Profit
Mgn %
14.715.31213.113.51415.516.719.617.716.2
Net Profit
Mgn %
8.99.211.878.58.910.312.513.813.514.4
Debt to
Equity
00000000000
Working Cap
Days
170156165172174165174162169137131
Cash Conv.
Cycle
77707994889111211211694110

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 13.93%

Net Profit is growing at healthy rate in last 3 years 24.44%

Return on Equity has declined versus last 3 years average to 13.70%

Sales growth is not so good in last 4 quarters at -7.04%

Latest Financials - Mazda Ltd.

Standalone Consolidated
TTM EPS (₹) 73.7 -
TTM Sales (₹ Cr.) 204 -
BVPS (₹.) 542.7 -
Reserves (₹ Cr.) 220 -
P/BV 2.70 -
PE 19.88 -
From the Market
52 Week Low / High (₹) 1087.30 / 1650.20
All Time Low / High (₹) 2.00 / 1650.20
Market Cap (₹ Cr.) 587
Equity (₹ Cr.) 4
Face Value (₹) 10
Industry PE 59.3

Management X-Ray of Mazda:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Mazda

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales118122110107139180152165192225
Operating Expenses 1011049793120155129137154186
Manufacturing Costs16201614182018202223
Material Costs6160575476104808193116
Employee Cost 13141313151718212427
Other Costs 11101111121312151520
Operating Profit 17181314192524283740
Operating Profit Margin (%) 14.6%14.7%11.9%13.0%13.5%14.0%15.5%16.7%19.4%17.6%
Other Income 1254322327
Interest 0101111111
Depreciation 2233333234
Exceptional Items 0000000000
Profit Before Tax 16171514192222283642
Tax 55244666910
Profit After Tax 11121310141716212732
PAT Margin (%) 9.5%9.9%11.7%9.6%10.2%9.3%10.7%12.9%13.9%14.0%
Adjusted EPS (₹)26.428.330.324.233.141.640.853.066.578.7
Dividend Payout Ratio (%)23%23%24%34%27%24%27%23%21%20%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 91100118125134132147164186212
Share Capital 4444444444
Reserves 8795114120130128143160182208
Minority Interest0000000000
Debt3223210000
Long Term Debt0000010000
Short Term Debt3223100000
Trade Payables12131114231912161814
Others Liabilities 1718910141613122014
Total Liabilities 123132141151173167173192224240

Fixed Assets

Gross Block33365054565862549798
Accumulated Depreciation12141619222527222427
Net Fixed Assets21233434343335327372
CWIP 0344817254000
Investments 33414757432840314378
Inventories20191820373829355336
Trade Receivables22232325303332423733
Cash Equivalents 11103651075814
Others Assets161412516858108
Total Assets 123132141151173167173192224240

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1617714-5222082443
PBT 16171514192222283642
Adjustment 12-12142031
Changes in Working Capital 34-30-1923-14-811
Tax Paid -5-5-3-3-5-6-7-5-7-11
Cash Flow From Investing Activity -9-17-10-7104-20-5-15-30
Capex -4-7-15-1-7-13-10-16-5-3
Net Investments -5-105-61616-1011-10-28
Others 0100000000
Cash Flow From Financing Activity -4-4-4-4-9-19-2-6-6-6
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 000-1-1-1-1-1-1-1
Dividend Paid -2-3-3-3-3-7-1-4-5-6
Others -1-200-5-110-100
Net Cash Flow 3-4-73-47-2-336
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)12.912.6511.888.4910.8812.5111.6913.6415.2215.83
ROCE (%)18.3118.2313.9212.1414.6417.416.2518.1520.7821.27
Asset Turnover Ratio1.061.040.880.740.861.060.90.910.920.98
PAT to CFO Conversion(x)1.451.420.541.4-0.361.291.250.380.891.34
Working Capital Days
Receivable Days64626980726477817456
Inventory Days64535664757780708372
Payable Days80777684897470626751

Mazda Ltd Stock News

Mazda Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mazda on 20-Dec-2024 16:59 is ₹1,464.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Mazda stood at ₹586.6.
The latest P/E ratio of Mazda as of 20-Dec-2024 16:59 is 19.88.
The latest P/B ratio of Mazda as of 20-Dec-2024 16:59 is 2.70.
The 52-week high of Mazda is ₹1,650.2 and the 52-week low is ₹1,087.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mazda is ₹204.5 ( Cr.) .

About Mazda Ltd

Mazda Ltd. was established in 1977, as a small unit in western India with the objective of manufacturing  automated valve packages. Over the years, it gradually expanded its operations and marketing, taking care to instil the highest levels of quality in all its products, with near-obsessive attention to details and customers satisfaction.

Over the years, its quest for further growth led to an equity participation and technical collaboration with market leaders Croll-Reynolds Inc., USA, in the field of vacuum systems and air pollution control equipment.

In time, the company extended into a second international collaboration with Germany-based Kauer Engineering for Turbine Bypass Valves, followed by a consolidation of its technological strengths to diversify into Evaporators and Crystallisers.

Today two decades down the road, Mazda Ltd has come long way. It has clearly established itself, in domestic and global markets, as a pioneer and leader in its chosen fields, offering the finest “in specialised, high value” products.

In its new growth phase, the company is now radically diversifying into the high-potential sunrise industry, Biotechnology in the field of carbohydrates, rare sugars and miscellaneous bio-chemicals.

Different divisions of the company:

Engineering Division

It specialises in supplying equipments to various industries like power, fertilizers, chemicals and bulk drugs industries. It also caters to the needs of refineries, sugar and food, pulp and paper and others. Mazda Limited has built a strategic alliance with Croll-Reynolds Inc. USA (C-R), who is a major shareholder in Mazda Controls. Croll-Reynolds has shared a substantial amount of technology with Mazda. At its facilities in Ahmedabad, Mazda and Croll-Reynolds work together to design, manufacture and test high quality equipments for sale to all the regions of the world.

Biochemical Division

Special Sugars- Glycals are sophisticated Chiral building blocks that can be used in chemical, enzymatic and combinatorial synthesis of natural and unnatural complex carbohydrates, oligosaccharide and glycoconjugate targets for advanced research in the pharmaceutical and biotechnology industries. Carbohydrates are key elements in various molecular signaling and recognition process at the cellular level in all living organisms. They also play central role in human immune system, and are important in the onset of illness and disease.

Product range of the company includes:

  • Desuperheater 
  • Turbine Bypass Valve
  • Automatic Recirculation Valves
  • Pressure Reducing Valve
  • Reformer Valve
  • Pressure reducing station
  • Pneumatic Control Valves
  • Safety Valves
  • Pneumatic Actuators
  • Vacuum Systems
  • Single/Multi Stage Steam Jet Ejector Vacum Systems
  • Steam Jet Thermo Compressor
  • Air Jet Ejectors
  • Steam Jet Liquid Ejectors
  • Air Pollution Control Equipment
  • Crystallizers
  • Evaporators
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