Mazda Ltd - Stock Valuation and Financial Performance

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

Mazda Share Price

1,229.90 12.00 0.99%
as on 19-Mar'24 16:59

DeciZen - make an informed investing decision on Mazda

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Mazda stock performance -

mw4me loader
P/E Ratio (SA):
14.88
Market Cap:
487.8 Cr.
52-wk low:
604.9
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 average 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 Weak which suggest that the price of Mazda Ltd is likely to Fall 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 some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.9%12%12.2%12.1%6.4%9.3%12.4%11.6%13.5%15.3%-
Value Creation
Index
-0.2-0.1-0.1-0.1-0.5-0.3-0.1-0.20.00.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 103118122110107139180152165192235
Sales YoY Gr.-14.4%3.6%-9.5%-2.7%29.1%29.6%-15.2%8.3%16.1%-
Adj EPS 21.524.726.430.617.627.640.139.451.465.781.8
YoY Gr.-15%7%15.9%-42.6%56.6%45.4%-1.7%30.5%28%-
BVPS (₹) 195.6213.4233.7277.1292.9315.5329.2368.1409.6464.2504.8
Adj Net
Profit
9.110.511.3137.511.71615.820.626.333
Cash Flow from Ops. 12.115.717.37.313.6-5.122.3208.423.6-
Debt/CF from Ops. 0.30.20.10.30.2-0.40000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.1%12.3%2.2%16.1%
Adj EPS 13.2%30.2%18%28%
BVPS10.1%9.7%12.1%13.3%
Share Price 25.1% 24.7% 37.4% 98.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
11.512.111.8126.29.112.111.313.215.116.9
Op. Profit
Mgn %
14.714.715.31213.113.51415.516.719.618.2
Net Profit
Mgn %
8.98.99.211.878.58.910.312.513.813.9
Debt to
Equity
0.1000000000-
Working Cap
Days
182170156165172174165174162169105
Cash Conv.
Cycle
9577707994889111211211680

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.90%

Net Profit is growing at healthy rate in last 3 years 17.96%

Sales growth is good in last 4 quarters at 36.82%

Sales growth has been subdued in last 3 years 2.15%

Latest Financials - Mazda Ltd.

Standalone Consolidated
TTM EPS (₹) 81.8 -
TTM Sales (₹ Cr.) 235 -
BVPS (₹.) 504.8 -
Reserves (₹ Cr.) 198 -
P/BV 2.41 -
PE 14.88 -
From the Market
52 Week Low / High (₹) 604.90 / 1650.20
All Time Low / High (₹) 2.00 / 1650.20
Market Cap (₹ Cr.) 488
Equity (₹ Cr.) 4
Face Value (₹) 10
Industry PE 42.6

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

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales103118122110107139180152165192
Operating Expenses 881011049793120155129137154
Manufacturing Costs14162016141820182022
Material Costs546160575476104808193
Employee Cost 11131413131517182124
Other Costs 9111011111213121515
Operating Profit 15171813141925242837
Operating Profit Margin (%) 14.7%14.6%14.7%11.9%13.0%13.5%14.0%15.5%16.7%19.4%
Other Income 2125432232
Interest 1010111111
Depreciation 1223333323
Exceptional Items 0000000000
Profit Before Tax 15161715141922222836
Tax 5552446669
Profit After Tax 10111213101417162127
PAT Margin (%) 10.0%9.5%9.9%11.7%9.6%10.2%9.3%10.7%12.9%13.9%
Adjusted EPS (₹)24.126.428.330.324.233.141.640.853.066.5
Dividend Payout Ratio (%)23%23%23%24%34%27%24%27%23%21%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 8391100118125134132147164186
Share Capital 4444444444
Reserves 798795114120130128143160182
Minority Interest0000000000
Debt4322321000
Long Term Debt0000001000
Short Term Debt4322310000
Trade Payables14121311142319121618
Others Liabilities 1517189101416131220
Total Liabilities 116123132141151173167173192224

Fixed Assets

Gross Block29333650545658625497
Accumulated Depreciation10121416192225272224
Net Fixed Assets20212334343433353273
CWIP 0034481725400
Investments 30334147574328403143
Inventories25201918203738293553
Trade Receivables22222323253033324237
Cash Equivalents 6111036510758
Others Assets1416141251685810
Total Assets 116123132141151173167173192224

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 121617714-52220824
PBT 15161715141922222836
Adjustment 112-1214203
Changes in Working Capital 134-30-1923-14-8
Tax Paid -4-5-5-3-3-5-6-7-5-7
Cash Flow From Investing Activity -11-9-17-10-7104-20-5-15
Capex -1-4-7-15-1-7-13-10-16-5
Net Investments -10-5-105-61616-1011-10
Others 0010000000
Cash Flow From Financing Activity -1-4-4-4-4-9-19-2-6-6
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-1-1-1-1-1-1
Dividend Paid -2-2-3-3-3-3-7-1-4-5
Others 1-1-200-5-110-10
Net Cash Flow 03-4-73-47-2-33
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)12.912.912.6511.888.4910.8812.5111.6913.6415.22
ROCE (%)19.0118.3118.2313.9212.1414.6417.416.2518.1520.78
Asset Turnover Ratio1.061.061.040.880.740.861.060.90.910.92
PAT to CFO Conversion(x)1.21.451.420.541.4-0.361.291.250.380.89
Working Capital Days
Receivable Days75646269807264778174
Inventory Days67645356647577807083
Payable Days74807776848974706267

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 19-Mar-2024 16:59 is ₹1,229.9.
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 19-Mar-2024 16:59 the market cap of Mazda stood at ₹487.8.
The latest P/E ratio of Mazda as of 19-Mar-2024 16:59 is 14.88.
The latest P/B ratio of Mazda as of 19-Mar-2024 16:59 is 2.41.
The 52-week high of Mazda is ₹1,650.2 and the 52-week low is ₹604.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mazda is ₹234.8 ( 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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