Mazda Ltd.

BSE: MAZDA523792ISIN INE885E01042

Industrials
Industrial Products
BSE Industrials

Share price

₹302.30+1.75 (+0.58%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

28 Jan 2025 · Split 5:1 (₹10 → ₹2)

52W high: ₹327.90
52W low: ₹159.00
Off 52W high: -7.81%
1M return: +6.86%
3M return: +33.47%
6M return: +40.47%
1Y return: +10.73%
20D avg volume: 5,328
50 DMA: ₹274.05
200 DMA: ₹228.51

Key ratios Standalone

Market cap: ₹605.36 Cr
Current price: ₹302.30
52W high / low: ₹327.90 / ₹159.00
Face value: ₹2.00
P/E: 20.22
P/B: 2.79
EPS (TTM): ₹14.95
Book value / share: ₹108.35
ROE: 13.77%
ROCE: 14.50%
Operating margin: 13.61%
Net margin: 9.13%
Debt / equity: 0.00
Net debt: ₹-6.73 Cr
Interest cover: 37.00
Dividend yield: 1.32%
Dividend / share (TTM): ₹4.00
Payout: 26.76%
Cash conversion cycle: 232.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	80.34	64.19	47.39	50.84	49.63	53.52	46.78	56.79	36.17	57.55	53.97	62.71
	3.60	0.12	1.84	0.82	4.27	0.92	0.20	3.88	3.14	1.96	1.77	0.99
	83.93	64.32	49.24	51.66	53.90	54.44	46.98	60.68	39.31	59.51	55.74	63.71
	74.32	55.57	37.95	41.66	47.58	46.71	37.28	48.84	35.56	46.63	44.83	55.37
	29.43	43.81	31.26	37.64	21.70	27.31	24.62	26.10	17.29	21.58	21.93	29.28
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	11.31	7.91	7.29	7.52	9.86	6.46	6.81	6.75	9.22	6.33	5.96	6.34
	0.18	0.32	0.28	0.25	0.16	0.10	0.21	0.07	0.15	0.14	0.11	0.10
	1.13	1.07	1.06	1.04	1.02	0.98	0.98	0.97	0.96	1.02	1.00	1.00
	15.47	16.99	13.66	12.48	10.92	12.20	7.57	7.06	6.22	6.12	7.40	8.28
	9.62	8.75	11.29	10.00	6.32	7.72	9.70	11.83	3.75	12.88	10.91	8.34
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	9.62	8.75	11.29	10.00	6.32	7.72	9.70	11.83	3.75	12.88	10.91	8.34
	2.28	2.46	2.57	2.41	1.41	2.17	2.28	2.85	0.85	3.51	2.64	2.15
	7.33	6.29	8.72	7.58	4.92	5.56	7.42	8.98	2.90	9.37	8.26	6.19
	3.66	3.14	4.36	3.79	2.45	2.77	3.71	22.42	7.23	23.39	20.63	15.46
Key metrics
	10.93	10.14	12.63	11.29	7.50	8.80	10.89	12.87	4.86	14.04	12.02	9.44
	13.60%	15.80%	26.70%	22.20%	15.10%	16.40%	23.30%	22.70%	13.40%	24.40%	22.30%	15.10%
	9.10%	9.80%	18.40%	14.90%	9.90%	10.40%	15.90%	15.80%	8.00%	16.30%	15.30%	9.90%
	—	3.50%	—	4.20%	—	3.30%	—	—	—	—	—	—
	61.90%	19.90%	1.30%	-10.50%	37.20%	-7.00%	-13.30%	-9.40%	—	—	—	—
	49.00%	13.10%	17.50%	-15.60%	69.70%	-40.70%	-10.20%	45.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	242.76	212.06	193.26	225.43	191.52	164.99
	6.38	7.05	7.47	6.58	2.34	3.19
	249.15	219.11	200.74	232.01	193.86	168.18
	209.50	182.75	167.73	190.22	158.14	140.53
	142.14	134.40	95.32	99.49	107.65	84.72
	0.00	0.00	0.00	—	—	—
	34.03	32.58	29.25	26.66	23.67	21.40
	1.03	1.01	0.54	0.54	0.63	0.67
	4.30	4.18	3.89	4.02	3.15	2.42
	58.60	54.04	44.42	26.99	22.60	20.60
	39.66	36.36	33.01	41.79	35.72	27.65
	0.00	0.00	0.00	—	—	—
	39.66	36.36	33.01	41.79	35.72	27.65
	9.72	8.85	8.15	10.27	9.10	6.41
	29.92	27.51	24.85	31.52	26.63	21.24
	14.95	13.74	12.41	78.70	66.48	53.04
Key metrics
	44.99	41.55	37.44	46.35	39.50	30.74
	18.53%	19.60%	19.40%	20.60%	20.60%	18.60%
	12.32%	13.00%	12.90%	14.00%	13.90%	12.90%
	—	14.50%	14.20%	—	—	—
	17.43%	9.70%	-14.30%	17.70%	16.10%	—
	11.31%	10.70%	-21.20%	18.40%	25.40%	—
	—	-22.97	7.06	—	—	—
	—	-0.68	0.45	—	—	—
	—	0.00	0.00	—	—	—
	—	-6.73	-9.44	—	—	—
	—	232.7	130.0	—	—	—
Balance sheet
	—	314.90	264.69	—	—	—
	—	236.06	184.02	—	—	—
	—	6.73	9.44	—	—	—
	—	59.12	40.65	—	—	—
	—	98.17	43.70	—	—	—
	—	8.85	2.89	—	—	—
	—	71.37	70.56	—	—	—
	—	22.14	15.53	—	—	—
	—	57.86	28.56	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	249.34	229.93	—	—	—
Cash flow
	—	-18.77	11.07	—	—	—
	—	24.27	-8.78	—	—	—
	—	-8.22	-6.94	—	—	—
	—	4.20	4.01	—	—	—

Compounded growth

Sales CAGR 3Y: +3.45%
Sales CAGR 5Y: —
Profit CAGR 3Y: +1.09%
Profit CAGR 5Y: —
Sales YoY (TTM): +17.43%
Profit YoY (TTM): +11.31%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 48.70%

Quarter	September 2026	June 2026
Promoter %	48.70%	48.67%

Holder	Type	Holding	Previous	Change
Shanaya Mody Khatua	Promoter	31.56%	31.56%	0.00%
Percy Xerex Avari	Promoter Group	10.26%	10.23%	+0.03%
Sheila Sorab Mody	Promoter Group	6.88%	6.88%	0.00%
Croll Reynolds International Inc	Public	3.61%	7.23%	-3.62%
Sharad Kanayalal Shah	Public	3.06%	3.06%	0.00%
Sharmin Nasser	Public	2.52%	—	—
Dorabjee And Company Private Limited	Public	1.57%	1.57%	0.00%
Nilesh Hastimal Shah	Public	1.06%	1.06%	0.00%
Xerxis D Avari	Promoter Group	0.00%	0.00%	0.00%
Katty X Avari	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
INDO-MIM Limited	61,335	1,240.40	—	—	—	—	—
Aditya Infotech Limited	49,092	4,003.35	102.86	26.00%	—	—	+202.77%
Syrma SGS Technology Limited	29,119	1,510.10	63.38	14.80%	+62.42% TTM	+90.86% TTM	+92.49%
Zetwerk Manufacturing Businesses Limited	27,998	165.25	-28.27 FY26	6.71% Q1 FY27	+40.43% FY26	—	—
Honeywell Automation India Ltd. S	26,304	29,750.35	46.53	15.70%	+5.29% TTM	+9.54% TTM	-19.09%
Jyoti CNC Automation Limited	23,514	1,033.95	76.15	22.00%	+17.61% TTM	-10.78% TTM	+10.01%
KAYNES TECHNOLOGY INDIA LIMITED	22,352	3,325.10	64.66	12.00%	+34.85% TTM	+8.89% TTM	-49.97%
LMW Limited	18,543	17,357.75	90.41	5.90%	+19.37% TTM	+71.62% TTM	+9.94%
Tega Industries Limited	13,632	1,814.45	-14,687.86	6.10%	+84.88% TTM	-100.47% TTM	-6.81%
LLOYDS ENGINEERING WORKS LIMITED	12,845	82.98	53.81	12.30%	+82.99% TTM	+70.53% TTM	+38.32%
Bonfiglioli Transmissions Limited	12,422	660.75	—	—	—	—	—
Dynamatic Technologies Ltd.	8,595	12,655.05	202.56	9.20%	+17.28% TTM	+0.02% TTM	+49.53%
STANDARD ENGINEERING TECHNOLOGY LIMITED	8,333	417.70	93.99	14.70%	—	—	+133.94%
Kennametal India Limtied S	8,317	3,784.30	42.43	—	+29.08% TTM	+90.48% TTM	+80.46%
Omnitech Engineering Limited	8,215	664.25	—	18.30%	—	—	—
HMT Limited	8,132	54.44	-49.29	3.20%	+8.82% TTM	+6.28% TTM	-1.86%
Raymond Limited	7,637	1,147.10	93.20	-0.50%	-5.56% TTM	-98.52% TTM	+100.56%
Spectrum Electrical Industries Limited	7,293	4,268.25	126.77	16.30%	—	—	+190.47%
GMM Pfaudler Ltd.	5,943	1,322.00	87.49	9.00%	+13.91% TTM	+71.89% TTM	+3.00%
Lohia Corp Limited	5,726	541.95	—	—	—	—	—
Praj Industries Ltd.	4,691	255.20	137.98	4.90%	+1.76% TTM	-67.78% TTM	-24.66%
HD Fire Protect Limited	4,651	265.40	—	—	—	—	—
TEMPSENS INSTRUMENTS (INDIA) LIMITED	4,545	542.20	—	—	+37.74% FY25	+52.86% FY25	—
DEE DEVELOPMENT ENGINEERS LIMITED	4,287	569.75	53.51	14.50%	+40.01% TTM	+49.51% TTM	+131.18%
Shanthi Gears Ltd. S	3,802	495.65	65.56	22.90%	-14.22% TTM	-37.57% TTM	+5.08%
Mazda Ltd. S	605	302.30	20.22	14.50%	+17.43% TTM	+11.31% TTM	+10.73%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at the meeting held today, has, inter ....4 Nov 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at the meeting held today, has, inter ....4 Nov 2026 · Result / Financial Results
Mazda Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing ....29 Oct 2026 · Board Meeting / Board Meeting
With reference to the captioned subject, please find attached declaration furnished by our Registrar and Share Transfer Agent MUFG Intime India Private Limited for the quarter ended on ....15 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Croll Reynolds International Inc.24 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, we would like to inform you that the Trading Window of the company will be closed for ....24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Croll Reynolds International Inc.24 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Pursuant to the requirements of Regulation 44 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, please find attached the voting results of remote e-voting and e-voting ....23 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 read with Para A of Schedule III of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, please find attached the proceedings of the 36th Annual ....21 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 & 47 of SEBI (Listing Obligation and Disclosure and Requirements) Regulations, 2015 and in compliance with various circulars issued by the Ministry of Corporate ....27 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Annual Report for the financial year 2025-26 along with the ....26 Aug 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to Regulation 30 & 47 of SEBI (Listing Obligation and Disclosure and Requirements) Regulations, 2015 and in compliance with the various circulars issued by Ministry of Corporate ....25 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the company has fixed Friday, 04th September, 2026 ....17 Aug 2026 · Corp. Action / Record Date
Pursuant to Regulation 33 read with regulation 47(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed newspaper publication of the extract ....12 Aug 2026 · Company Update / Newspaper Publication
The 36th Annual General Meeting of the company will be held on Monday, 21st September, 2026 at 12.00 p.m. through Video Conferencing ('VC') or Other Audio-Visual Means ('OAVM') without ....11 Aug 2026 · AGM/EGM / AGM
Pursuant to Regulation 30, 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulation') read with Schedule III and other applicable SEBI circulars ....10 Aug 2026 · Result / Financial Results
Pursuant to Regulation 30, 33 of SEBI LODR read with Schedule III and other applicable SEBI circulars as amended from time to time, we hereby inform you that the Board of Directors of the ....10 Aug 2026 · Board Meeting / Outcome of Board Meeting
Mazda Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing ....5 Aug 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find herewith enclosed copy of Notice published pursuant to Section 124(6) ....28 Jul 2026 · Company Update / Newspaper Publication
With reference to the captioned subject, please find attached declaration furnished by our Registrar and Share Transfer Agent MUFG In time India Private Limited (Formerly known as Link ....13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
With reference to your mail received by us on 07th July, 2026 regarding clarification on increase in volume, we would like to clarify that the company has been making prompt disclosures ....7 Jul 2026 · Company Update / General
The Exchange has sought clarification from Mazda Ltd on July 7, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.7 Jul 2026 · Company Update / Clarification
Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, we would like to inform you that the Trading Window of the company will be closed for ....30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 33 read with regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed newspaper publication of the extract ....29 May 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 and Regulation 33 of SEBI (LODR) Regulations, 2015, the Board of Directors at the Board Meeting held today has inter alia approved the following: 1. Approved ....26 May 2026 · Result / Financial Results
Pursuant to Regulation 30 and Regulation 33 the Board of Directors at the Board Meeting held today has inter alia approved the following: 1. Approved and taken on record Audited Financial ....26 May 2026 · Board Meeting / Outcome of Board Meeting
Mazda Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve the Audited Financial Results for the ....19 May 2026 · Board Meeting / Board Meeting
With reference to the captioned subject, please find attached declaration furnished by our Registrar and Share Transfer Agent MUFG In time India Private Limited (Formerly known as Link ....15 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 20I5, as amended, we would like to inform you that the Trading Window of the Company will be closed for ....31 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 33 read with regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed newspaper publication of the extract ....13 Feb 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at the meeting held today, has, inter ....11 Feb 2026 · Result / Financial Results
Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at the meeting held today, has, inter ....11 Feb 2026 · Board Meeting / Outcome of Board Meeting
Mazda Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2026 ,inter alia, to consider and approve and take on record the Unaudited Financial ....4 Feb 2026 · Board Meeting / Board Meeting
With reference to the captioned subject, please find attached declaration furnished by our Registrar and Share Transfer Agent MUFG In time India Private Limited (Formerly known as Link ....13 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 of SEBI Listing Regulations, we would like to inform that the company ('MAZDA LIMITED') has received an order of Rs. 28.75 Crore (excluding tax) for supply of ....31 Dec 2025 · Company Update / Award of Order / Receipt of Order
Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, we would like to inform you that the Trading Window of the company will be closed for ....30 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of SEBI Listing Regulations, we would like to inform that the company ('MAZDA LIMITED') has received order of Rs. 24.50 Crore (excluding tax) for supply of Condensers ....2 Dec 2025 · Company Update / Award of Order / Receipt of Order
Pursuant to Regulation 33 read with regulation 47(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed newspaper publication of the extract ....14 Nov 2025 · Company Update / Newspaper Publication
Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at the meeting held today, has, inter ....12 Nov 2025 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at the meeting held today, has, inter ....12 Nov 2025 · Result / Financial Results

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 4.0000	4 Sep 2026	4 Sep 2026	—
Final Dividend - Rs. - 3.6000	4 Sep 2025	4 Sep 2025	—
Stock Split From Rs.10/- to Rs.2/-	28 Jan 2025	28 Jan 2025	—
Final Dividend - Rs. - 16.0000	22 Aug 2024	—	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results