Mazda Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Mazda Ltd?

Mazda Ltd's intrinsic value (as of 05 March 2026) is 164.32 which is 16.59% lower than the current market price of 197.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 394 Cr. market cap, FY2025-2026 high/low of 338/189, reserves of ₹231 Cr, and liabilities of 287 Cr.

Q: What is the High / Low of Mazda Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Mazda Ltd stocks is 338/189.

Share Price and Basic Stock Data

Last Updated: March 3, 2026, 1:00 pm

Market Cap	394 Cr.
Current Price	197
Intrinsic Value	₹164.32
High / Low	338/189
Stock P/E	14.7
Book Value	117
Dividend Yield	1.83 %
ROCE	15.2 %
ROE	11.2 %
Face Value	2.00
PEG Ratio	3.12

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Mazda Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mazda Ltd	394 Cr.	197	338/189	14.7	117	1.83 %	15.2 %	11.2 %	2.00
Hercules Hoists Ltd	405 Cr.	127	239/124	52.0	269	0.00 %	0.72 %	0.71 %	1.00
Batliboi Ltd	407 Cr.	86.5	157/76.5	34.9	48.0	0.69 %	8.27 %	6.84 %	5.00
Forbes & Company Ltd	408 Cr.	317	477/264	17.7	178	0.00 %	15.8 %	62.4 %	10.0
Mold-Tek Technologies Ltd	372 Cr.	129	221/110	59.5	45.1	0.77 %	11.4 %	8.61 %	2.00
Industry Average	3,729.72 Cr	450.87		36.82	118.78	0.33%	37.74%	16.87%	6.04

All Competitor Stocks of Mazda Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	43.31	66.90	51.19	62.71	53.97	57.55	36.17	56.79	46.78	53.52	49.63	50.84	47.39
Expenses	34.70	51.77	42.19	54.27	43.72	45.46	34.45	47.80	36.09	45.63	46.40	40.38	36.60
Operating Profit	8.61	15.13	9.00	8.44	10.25	12.09	1.72	8.99	10.69	7.89	3.23	10.46	10.79
OPM %	19.88%	22.62%	17.58%	13.46%	18.99%	21.01%	4.76%	15.83%	22.85%	14.74%	6.51%	20.57%	22.77%
Other Income	1.02	0.61	1.85	1.00	1.77	1.96	3.14	3.88	0.20	0.92	4.27	0.82	1.84
Interest	0.10	0.16	0.19	0.10	0.11	0.15	0.15	0.07	0.21	0.10	0.16	0.25	0.28
Depreciation	0.91	0.95	1.00	1.00	1.00	1.02	0.96	0.97	0.98	0.98	1.02	1.04	1.06
Profit before tax	8.62	14.63	9.66	8.34	10.91	12.88	3.75	11.83	9.70	7.73	6.32	9.99	11.29
Tax %	23.32%	27.41%	20.39%	25.78%	24.20%	27.25%	22.93%	24.09%	23.51%	28.07%	22.31%	24.22%	22.67%
Net Profit	6.61	10.63	7.70	6.19	8.26	9.37	2.90	8.98	7.42	5.56	4.91	7.58	8.72
EPS in Rs	3.30	5.32	3.85	3.10	4.13	4.68	1.45	4.49	3.71	2.78	2.45	3.79	4.35

Last Updated: March 3, 2026, 9:46 pm

Below is a detailed analysis of the quarterly data for Mazda Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 47.39 Cr.. The value appears to be declining and may need further review. It has decreased from 50.84 Cr. (Sep 2025) to 47.39 Cr., marking a decrease of 3.45 Cr..
For Expenses, as of Dec 2025, the value is 36.60 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 40.38 Cr. (Sep 2025) to 36.60 Cr., marking a decrease of 3.78 Cr..
For Operating Profit, as of Dec 2025, the value is 10.79 Cr.. The value appears strong and on an upward trend. It has increased from 10.46 Cr. (Sep 2025) to 10.79 Cr., marking an increase of 0.33 Cr..
For OPM %, as of Dec 2025, the value is 22.77%. The value appears strong and on an upward trend. It has increased from 20.57% (Sep 2025) to 22.77%, marking an increase of 2.20%.
For Other Income, as of Dec 2025, the value is 1.84 Cr.. The value appears strong and on an upward trend. It has increased from 0.82 Cr. (Sep 2025) to 1.84 Cr., marking an increase of 1.02 Cr..
For Interest, as of Dec 2025, the value is 0.28 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.25 Cr. (Sep 2025) to 0.28 Cr., marking an increase of 0.03 Cr..
For Depreciation, as of Dec 2025, the value is 1.06 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.04 Cr. (Sep 2025) to 1.06 Cr., marking an increase of 0.02 Cr..
For Profit before tax, as of Dec 2025, the value is 11.29 Cr.. The value appears strong and on an upward trend. It has increased from 9.99 Cr. (Sep 2025) to 11.29 Cr., marking an increase of 1.30 Cr..
For Tax %, as of Dec 2025, the value is 22.67%. The value appears to be improving (decreasing) as expected. It has decreased from 24.22% (Sep 2025) to 22.67%, marking a decrease of 1.55%.
For Net Profit, as of Dec 2025, the value is 8.72 Cr.. The value appears strong and on an upward trend. It has increased from 7.58 Cr. (Sep 2025) to 8.72 Cr., marking an increase of 1.14 Cr..
For EPS in Rs, as of Dec 2025, the value is 4.35. The value appears strong and on an upward trend. It has increased from 3.79 (Sep 2025) to 4.35, marking an increase of 0.56.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 12:46 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	103	118	122	110	107	139	180	152	165	192	225	193	201
Expenses	87	101	104	97	93	120	155	129	137	154	186	163	169
Operating Profit	15	17	18	13	14	19	25	24	28	38	40	30	32
OPM %	15%	15%	15%	12%	13%	14%	14%	16%	17%	20%	18%	16%	16%
Other Income	2	1	2	5	4	3	2	2	3	2	7	7	8
Interest	1	0	1	0	1	1	1	1	1	1	1	1	1
Depreciation	1	2	2	3	3	3	3	3	2	3	4	4	4
Profit before tax	15	16	17	15	14	19	22	22	28	36	42	33	35
Tax %	31%	30%	29%	14%	29%	24%	26%	26%	23%	25%	25%	25%
Net Profit	10	11	12	13	10	14	17	16	21	27	32	25	27
EPS in Rs	4.81	5.27	5.65	6.07	4.84	6.62	8.32	8.16	10.62	13.32	15.76	12.41	13.37
Dividend Payout %	23%	23%	23%	24%	34%	27%	24%	27%	23%	21%	20%	29%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	10.00%	9.09%	8.33%	-23.08%	40.00%	21.43%	-5.88%	31.25%	28.57%	18.52%	-21.88%
Change in YoY Net Profit Growth (%)	0.00%	-0.91%	-0.76%	-31.41%	63.08%	-18.57%	-27.31%	37.13%	-2.68%	-10.05%	-40.39%

Mazda Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Last Updated: Unknown

Balance Sheet

Last Updated: January 7, 2026, 4:03 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	4	4	4	4	4	4	4	4	4	4	4	4	4
Reserves	79	87	95	114	120	130	128	143	160	182	208	226	231
Borrowings	4	3	2	2	3	2	1	1	0	1	0	0	0
Other Liabilities	29	29	31	20	24	37	34	24	28	38	28	35	52
Total Liabilities	116	123	132	141	151	173	167	173	192	224	240	265	287
Fixed Assets	20	21	23	34	34	34	33	35	35	76	75	74	75
CWIP	0	0	3	4	4	8	17	25	40	0	0	1	0
Investments	30	33	41	47	57	43	28	40	31	43	78	89	82
Other Assets	67	69	65	56	56	88	89	73	86	105	88	101	130
Total Assets	116	123	132	141	151	173	167	173	192	224	240	265	287

Below is a detailed analysis of the balance sheet data for Mazda Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
For Reserves, as of Sep 2025, the value is 231.00 Cr.. The value appears strong and on an upward trend. It has increased from 226.00 Cr. (Mar 2025) to 231.00 Cr., marking an increase of 5.00 Cr..
For Borrowings, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 52.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 35.00 Cr. (Mar 2025) to 52.00 Cr., marking an increase of 17.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 287.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 265.00 Cr. (Mar 2025) to 287.00 Cr., marking an increase of 22.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 75.00 Cr.. The value appears strong and on an upward trend. It has increased from 74.00 Cr. (Mar 2025) to 75.00 Cr., marking an increase of 1.00 Cr..
For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 1.00 Cr..
For Investments, as of Sep 2025, the value is 82.00 Cr.. The value appears to be declining and may need further review. It has decreased from 89.00 Cr. (Mar 2025) to 82.00 Cr., marking a decrease of 7.00 Cr..
For Other Assets, as of Sep 2025, the value is 130.00 Cr.. The value appears strong and on an upward trend. It has increased from 101.00 Cr. (Mar 2025) to 130.00 Cr., marking an increase of 29.00 Cr..
For Total Assets, as of Sep 2025, the value is 287.00 Cr.. The value appears strong and on an upward trend. It has increased from 265.00 Cr. (Mar 2025) to 287.00 Cr., marking an increase of 22.00 Cr..

Notably, the Reserves (231.00 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	12	16	17	7	14	-5	22	20	8	24	43	11
Cash from Investing Activity +	-11	-9	-17	-10	-7	10	4	-20	-5	-15	-30	-9
Cash from Financing Activity +	-1	-4	-4	-4	-4	-9	-19	-2	-6	-6	-6	-7
Net Cash Flow	-0	3	-4	-7	3	-4	7	-2	-3	3	6	-5

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	11.00	14.00	16.00	11.00	11.00	17.00	24.00	23.00	28.00	37.00	40.00	30.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	78	70	68	75	85	79	67	76	92	70	54	77
Inventory Days	162	114	111	116	132	181	133	131	156	208	113	178
Days Payable	94	71	75	70	93	112	66	55	70	73	44	63
Cash Conversion Cycle	147	113	104	120	124	148	135	152	178	205	122	191
Working Capital Days	88	73	59	84	79	105	84	94	118	116	78	111
ROCE %	18%	18%	17%	14%	12%	15%	17%	16%	18%	21%	21%	15%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	48.34%	48.34%	48.34%	48.34%	48.34%	48.34%	48.52%	48.52%	48.58%	48.58%	48.58%	48.58%
FIIs	0.00%	0.16%	0.21%	0.20%	0.21%	0.21%	0.20%	0.27%	0.15%	0.15%	0.08%	0.13%
DIIs	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.05%	0.05%	0.05%	0.05%	0.05%
Public	51.64%	51.47%	51.41%	51.43%	51.43%	51.42%	51.24%	51.16%	51.21%	51.21%	51.29%	51.24%
No. of Shareholders	5,988	6,641	6,453	8,521	10,105	10,685	10,445	11,886	12,981	12,923	14,900	14,196

Shareholding Pattern Chart

No. of Shareholders

Mazda Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	2.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	12.41	78.70	66.48	53.04	40.77
Diluted EPS (Rs.)	12.41	78.70	66.48	53.04	40.77
Cash EPS (Rs.)	14.35	88.73	74.36	59.08	48.93
Book Value[Excl.RevalReserv]/Share (Rs.)	114.82	529.94	464.18	409.56	368.11
Book Value[Incl.RevalReserv]/Share (Rs.)	114.82	529.94	464.18	409.56	368.11
Dividend / Share (Rs.)	3.60	16.00	14.00	12.10	11.00
Revenue From Operations / Share (Rs.)	96.51	562.87	478.20	411.97	380.58
PBDIT / Share (Rs.)	18.69	115.73	98.64	76.75	65.10
PBIT / Share (Rs.)	16.75	105.70	90.77	70.72	56.94
PBT / Share (Rs.)	16.48	104.34	89.19	69.04	55.16
Net Profit / Share (Rs.)	12.41	78.70	66.48	53.04	40.77
PBDIT Margin (%)	19.36	20.56	20.62	18.62	17.10
PBIT Margin (%)	17.35	18.77	18.98	17.16	14.95
PBT Margin (%)	17.07	18.53	18.65	16.75	14.49
Net Profit Margin (%)	12.86	13.98	13.90	12.87	10.71
Return on Networth / Equity (%)	10.80	14.85	14.32	12.95	11.07
Return on Capital Employeed (%)	14.20	19.52	19.11	17.01	15.19
Return On Assets (%)	9.38	13.10	11.87	11.08	9.43
Total Debt / Equity (X)	0.00	0.00	0.00	0.00	0.01
Asset Turnover Ratio (%)	0.76	0.97	0.92	0.90	0.89
Current Ratio (X)	6.44	6.82	4.25	4.47	4.52
Quick Ratio (X)	4.91	5.30	2.70	3.10	3.26
Inventory Turnover Ratio (X)	4.85	2.24	2.46	2.67	2.25
Dividend Payout Ratio (NP) (%)	25.78	17.78	18.20	20.73	6.13
Dividend Payout Ratio (CP) (%)	22.29	15.77	16.27	18.61	5.10
Earning Retention Ratio (%)	74.22	82.22	81.80	79.27	93.87
Cash Earning Retention Ratio (%)	77.71	84.23	83.73	81.39	94.90
Interest Coverage Ratio (X)	69.84	85.23	62.77	45.72	36.62
Interest Coverage Ratio (Post Tax) (X)	47.38	58.96	43.30	32.60	23.94
Enterprise Value (Cr.)	482.67	500.35	240.03	192.88	173.22
EV / Net Operating Revenue (X)	2.50	2.22	1.25	1.17	1.14
EV / EBITDA (X)	12.90	10.80	6.08	6.28	6.64
MarketCap / Net Operating Revenue (X)	2.55	2.28	1.30	1.20	1.18
Retention Ratios (%)	74.21	82.21	81.79	79.26	93.86
Price / BV (X)	2.14	2.42	1.33	1.20	1.22
Price / Net Operating Revenue (X)	2.55	2.28	1.30	1.20	1.18
EarningsYield	0.05	0.06	0.10	0.10	0.09

After reviewing the key financial ratios for Mazda Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. It has decreased from 10.00 (Mar 24) to 2.00, marking a decrease of 8.00.
For Basic EPS (Rs.), as of Mar 25, the value is 12.41. This value is within the healthy range. It has decreased from 78.70 (Mar 24) to 12.41, marking a decrease of 66.29.
For Diluted EPS (Rs.), as of Mar 25, the value is 12.41. This value is within the healthy range. It has decreased from 78.70 (Mar 24) to 12.41, marking a decrease of 66.29.
For Cash EPS (Rs.), as of Mar 25, the value is 14.35. This value is within the healthy range. It has decreased from 88.73 (Mar 24) to 14.35, marking a decrease of 74.38.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 114.82. It has decreased from 529.94 (Mar 24) to 114.82, marking a decrease of 415.12.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 114.82. It has decreased from 529.94 (Mar 24) to 114.82, marking a decrease of 415.12.
For Dividend / Share (Rs.), as of Mar 25, the value is 3.60. This value exceeds the healthy maximum of 3. It has decreased from 16.00 (Mar 24) to 3.60, marking a decrease of 12.40.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 96.51. It has decreased from 562.87 (Mar 24) to 96.51, marking a decrease of 466.36.
For PBDIT / Share (Rs.), as of Mar 25, the value is 18.69. This value is within the healthy range. It has decreased from 115.73 (Mar 24) to 18.69, marking a decrease of 97.04.
For PBIT / Share (Rs.), as of Mar 25, the value is 16.75. This value is within the healthy range. It has decreased from 105.70 (Mar 24) to 16.75, marking a decrease of 88.95.
For PBT / Share (Rs.), as of Mar 25, the value is 16.48. This value is within the healthy range. It has decreased from 104.34 (Mar 24) to 16.48, marking a decrease of 87.86.
For Net Profit / Share (Rs.), as of Mar 25, the value is 12.41. This value is within the healthy range. It has decreased from 78.70 (Mar 24) to 12.41, marking a decrease of 66.29.
For PBDIT Margin (%), as of Mar 25, the value is 19.36. This value is within the healthy range. It has decreased from 20.56 (Mar 24) to 19.36, marking a decrease of 1.20.
For PBIT Margin (%), as of Mar 25, the value is 17.35. This value is within the healthy range. It has decreased from 18.77 (Mar 24) to 17.35, marking a decrease of 1.42.
For PBT Margin (%), as of Mar 25, the value is 17.07. This value is within the healthy range. It has decreased from 18.53 (Mar 24) to 17.07, marking a decrease of 1.46.
For Net Profit Margin (%), as of Mar 25, the value is 12.86. This value exceeds the healthy maximum of 10. It has decreased from 13.98 (Mar 24) to 12.86, marking a decrease of 1.12.
For Return on Networth / Equity (%), as of Mar 25, the value is 10.80. This value is below the healthy minimum of 15. It has decreased from 14.85 (Mar 24) to 10.80, marking a decrease of 4.05.
For Return on Capital Employeed (%), as of Mar 25, the value is 14.20. This value is within the healthy range. It has decreased from 19.52 (Mar 24) to 14.20, marking a decrease of 5.32.
For Return On Assets (%), as of Mar 25, the value is 9.38. This value is within the healthy range. It has decreased from 13.10 (Mar 24) to 9.38, marking a decrease of 3.72.
For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.76. It has decreased from 0.97 (Mar 24) to 0.76, marking a decrease of 0.21.
For Current Ratio (X), as of Mar 25, the value is 6.44. This value exceeds the healthy maximum of 3. It has decreased from 6.82 (Mar 24) to 6.44, marking a decrease of 0.38.
For Quick Ratio (X), as of Mar 25, the value is 4.91. This value exceeds the healthy maximum of 2. It has decreased from 5.30 (Mar 24) to 4.91, marking a decrease of 0.39.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.85. This value is within the healthy range. It has increased from 2.24 (Mar 24) to 4.85, marking an increase of 2.61.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 25.78. This value is within the healthy range. It has increased from 17.78 (Mar 24) to 25.78, marking an increase of 8.00.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 22.29. This value is within the healthy range. It has increased from 15.77 (Mar 24) to 22.29, marking an increase of 6.52.
For Earning Retention Ratio (%), as of Mar 25, the value is 74.22. This value exceeds the healthy maximum of 70. It has decreased from 82.22 (Mar 24) to 74.22, marking a decrease of 8.00.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 77.71. This value exceeds the healthy maximum of 70. It has decreased from 84.23 (Mar 24) to 77.71, marking a decrease of 6.52.
For Interest Coverage Ratio (X), as of Mar 25, the value is 69.84. This value is within the healthy range. It has decreased from 85.23 (Mar 24) to 69.84, marking a decrease of 15.39.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 47.38. This value is within the healthy range. It has decreased from 58.96 (Mar 24) to 47.38, marking a decrease of 11.58.
For Enterprise Value (Cr.), as of Mar 25, the value is 482.67. It has decreased from 500.35 (Mar 24) to 482.67, marking a decrease of 17.68.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.50. This value is within the healthy range. It has increased from 2.22 (Mar 24) to 2.50, marking an increase of 0.28.
For EV / EBITDA (X), as of Mar 25, the value is 12.90. This value is within the healthy range. It has increased from 10.80 (Mar 24) to 12.90, marking an increase of 2.10.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.55. This value is within the healthy range. It has increased from 2.28 (Mar 24) to 2.55, marking an increase of 0.27.
For Retention Ratios (%), as of Mar 25, the value is 74.21. This value exceeds the healthy maximum of 70. It has decreased from 82.21 (Mar 24) to 74.21, marking a decrease of 8.00.
For Price / BV (X), as of Mar 25, the value is 2.14. This value is within the healthy range. It has decreased from 2.42 (Mar 24) to 2.14, marking a decrease of 0.28.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.55. This value is within the healthy range. It has increased from 2.28 (Mar 24) to 2.55, marking an increase of 0.27.
For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 24) to 0.05, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mazda Ltd as of March 5, 2026 is: ₹156.92

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 5, 2026, Mazda Ltd is Overvalued by 20.35% compared to the current share price ₹197.00

Intrinsic Value of Mazda Ltd as of March 5, 2026 is: ₹164.32

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 5, 2026, Mazda Ltd is Overvalued by 16.59% compared to the current share price ₹197.00

Last 5 Year EPS CAGR: 4.71%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.83%, which is a positive sign. The company has higher reserves (146.38 cr) compared to borrowings (1.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (154.38 cr) and profit (24.15 cr) over the years.	The stock has a high average Working Capital Days of 90.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 144.92, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mazda Ltd:
1. Net Profit Margin: 12.86%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 14.2% (Industry Average ROCE: 37.74%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 10.8% (Industry Average ROE: 16.87%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 47.38
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 4.91
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 14.7 (Industry average Stock P/E: 36.82)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Mazda Ltd. is a Public Limited Listed company incorporated on 03/09/1990 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L29120GJ1990PLC014293 and registration number is 014293. Currently company belongs to the Industry of Engineering - General. Company's Total Operating Revenue is Rs. 193.26 Cr. and Equity Capital is Rs. 4.01 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Engineering - General	C/1-39/13/16, GIDC, Ahmedabad Gujarat 382330	Contact not found

Management
Name	Position Held
Mr. Mohib N Khericha	Chairman
Mr. Percy X Avari	Whole Time Director
Mrs. Shanaya Mody Khatua	Whole Time Director
Mr. Samuel W Croll- III	Director
Mrs. Sheila S Mody	Director
Mrs. Houtoxi F Contractor	Director
Mr. Mihir Mehta	Director
Mr. Ashok Kavdia	Director
Mrs. Shetal Bhatt	Director

FAQ

What is the intrinsic value of Mazda Ltd?

Mazda Ltd's intrinsic value (as of 05 March 2026) is ₹164.32 which is 16.59% lower the current market price of ₹197.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹394 Cr. market cap, FY2025-2026 high/low of ₹338/189, reserves of ₹231 Cr, and liabilities of ₹287 Cr.

What is the Market Cap of Mazda Ltd?

The Market Cap of Mazda Ltd is 394 Cr..

What is the current Stock Price of Mazda Ltd as on 05 March 2026?

The current stock price of Mazda Ltd as on 05 March 2026 is ₹197.

What is the High / Low of Mazda Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Mazda Ltd stocks is ₹338/189.

What is the Stock P/E of Mazda Ltd?

The Stock P/E of Mazda Ltd is 14.7.

What is the Book Value of Mazda Ltd?

The Book Value of Mazda Ltd is 117.

What is the Dividend Yield of Mazda Ltd?

The Dividend Yield of Mazda Ltd is 1.83 %.

What is the ROCE of Mazda Ltd?

The ROCE of Mazda Ltd is 15.2 %.

What is the ROE of Mazda Ltd?

The ROE of Mazda Ltd is 11.2 %.

What is the Face Value of Mazda Ltd?

The Face Value of Mazda Ltd is 2.00.