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Last Updated on: 24 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Mazda Ltd

About the Company - Mazda Ltd

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. 164.99 Cr. and Equity Capital is Rs. 4.01 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - GeneralC/1-39/13/16, GIDC, Naroda, Ahmedabad Gujarat 382330info@mazdalimited.com
http://www.mazdalimited.com
Management
NamePosition Held
Mr. Mohib N KherichaChairman
Mr. Percy X AvariWhole Time Director
Mrs. Shanaya Mody KhatuaWhole Time Director
Mr. Samuel W Croll- IIIDirector
Mrs. Sheila S ModyDirector
Mrs. Houtoxi F ContractorDirector
Mr. Nilesh C MankiwalaDirector
Mr. Saurin V PalkhiwalaDirector

Basic Stock Data of Mazda Ltd

Last Updated: June 17, 2024, 8:23 pm

Market Cap 560 Cr.
Current Price 1,397
High / Low1,661/832
Stock P/E17.8
Book Value 530
Dividend Yield1.00 %
ROCE21.2 %
ROE15.8 %
Face Value 10.0
PEG Ratio1.23

Competitors of Mazda Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Cenlub Industries Ltd 181 Cr. 387609/18520.1 1200.00 %22.5 %17.4 % 10.0
Skipper Ltd 3,989 Cr. 367401/15053.4 78.90.03 %20.1 %9.00 % 1.00
McNally Bharat Engineering Company Ltd 104 Cr. 4.917.23/2.90 1990.00 %%% 10.0
Lokesh Machines Ltd 794 Cr. 429476/17557.3 1060.00 %11.4 %7.80 % 10.0
BMW Industries Ltd 1,432 Cr. 63.686.0/27.722.5 29.40.35 %13.2 %10.1 % 1.00
Industry Average4,988.22 Cr725.5533.96114.040.20%20.39%18.47%5.93

Mazda Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales46.8540.2626.2543.4643.0852.2129.5351.7743.3166.9051.1962.7153.97
Expenses40.2935.9221.9636.5536.2142.9821.8546.0134.7051.7742.1954.2743.72
Operating Profit6.564.344.296.916.879.237.685.768.6115.139.008.4410.25
OPM %14.00%10.78%16.34%15.90%15.95%17.68%26.01%11.13%19.88%22.62%17.58%13.46%18.99%
Other Income1.070.680.920.760.301.460.070.631.020.611.851.001.77
Interest0.100.160.240.110.210.110.180.190.100.160.190.100.11
Depreciation0.820.800.770.740.450.460.460.830.910.951.001.001.00
Profit before tax6.714.064.206.826.5110.127.115.378.6214.639.668.3410.91
Tax %25.48%31.77%18.57%24.49%25.96%22.33%22.93%27.19%23.32%27.41%20.39%25.78%24.20%
Net Profit5.002.773.425.154.827.855.503.906.6110.637.706.198.26
EPS in Rs12.486.928.5412.8612.0319.6013.739.7416.5026.5419.2315.4620.62

Last Updated: June 6, 2024, 8:50 am

Mazda Ltd Quarterly Chart

Mazda Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales103120103118122110107139180152165192235
Expenses88101871011049793120155129137154192
Operating Profit15191517181314192524283843
OPM %15%16%15%15%15%12%13%14%14%16%17%20%18%
Other Income1221254322325
Interest1110101111111
Depreciation1112233333234
Profit before tax14191516171514192222283644
Tax %30%34%31%30%29%14%29%24%26%26%23%25%
Net Profit10121011121310141716212733
EPS in Rs23.4629.0524.0726.3728.2830.3424.1933.1141.5740.7753.0366.4981.85
Dividend Payout %17%17%23%23%23%24%34%27%24%27%23%21%

Mazda Ltd Profit & Loss Yearly Chart

Mazda Ltd Growth

Compounded Sales Growth
10 Years:8%
5 Years:10%
3 Years:14%
TTM:18%
Compounded Profit Growth
10 Years:13%
5 Years:17%
3 Years:24%
TTM:17%
Stock Price CAGR
10 Years:23%
5 Years:28%
3 Years:32%
1 Year:67%
Return on Equity
10 Years:13%
5 Years:14%
3 Years:15%
Last Year:16%

Last Updated: June 17, 2024, 7:50 pm

Mazda Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital4444444444444
Reserves6272798795114120130128143160182190
Borrowings1243223211010
Other Liabilities22182929312024373424283841
Total Liabilities8996116123132141151173167173192224235
Fixed Assets13202021233434343335357675
CWIP7000344817254000
Investments14193033414757432840314357
Other Assets5657676965565688897386105102
Total Assets8996116123132141151173167173192224235

Mazda Ltd Reserves and Borrowings Chart

Mazda Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 311121617714-52220824
Cash from Investing Activity -3-7-11-9-17-10-7104-20-5-15
Cash from Financing Activity -1-1-1-4-4-4-4-9-19-2-6-6
Net Cash Flow-23-03-4-73-47-2-33

Mazda Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days837378706875857967769270
Inventory Days13188162114111116132181133131156208
Days Payable8441947175709311266557073
Cash Conversion Cycle130120147113104120124148135152178205
Working Capital Days9991102816591881088595118117
ROCE %24%27%18%18%17%14%12%15%17%16%18%21%

Mazda Ltd Financial Efficiency Indicators Chart

Mazda Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters46.65%47.90%48.34%48.34%48.34%48.34%48.34%48.34%48.34%48.34%48.34%48.34%
FIIs0.00%0.03%0.11%0.11%0.00%0.01%0.06%0.00%0.16%0.21%0.20%0.21%
DIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public53.33%52.04%51.53%51.52%51.64%51.62%51.58%51.64%51.47%51.41%51.43%51.43%
No. of Shareholders5,6945,8355,5645,9215,9305,8786,1645,9886,6416,4538,52110,105

Mazda Ltd Shareholding Pattern Chart

No. of Mazda Ltd Shareholders

This stock is not held by any mutual fund

Mazda Ltd ROCE Trend

Mazda Ltd EPS Trend

Mazda Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)78.7066.4853.0440.7741.46
Diluted EPS (Rs.)78.7066.4853.0440.7741.46
Cash EPS (Rs.)88.7374.3659.0848.9350.19
Book Value[Excl.RevalReserv]/Share (Rs.)529.94464.18409.56368.11329.15
Book Value[Incl.RevalReserv]/Share (Rs.)529.94464.18409.56368.11329.15
Dividend / Share (Rs.)16.0014.0012.1011.0010.00
Revenue From Operations / Share (Rs.)562.87478.20411.97380.58448.65
PBDIT / Share (Rs.)115.7398.6476.7565.1066.98
PBIT / Share (Rs.)105.7090.7770.7256.9458.35
PBT / Share (Rs.)104.3489.1969.0455.1655.99
Net Profit / Share (Rs.)78.7066.4853.0440.7741.56
PBDIT Margin (%)20.5620.6218.6217.1014.92
PBIT Margin (%)18.7718.9817.1614.9513.00
PBT Margin (%)18.5318.6516.7514.4912.48
Net Profit Margin (%)13.9813.9012.8710.719.26
Return on Networth / Equity (%)14.8514.3212.9511.0712.62
Return on Capital Employeed (%)19.5219.1117.0115.1917.34
Return On Assets (%)13.1011.8711.089.439.95
Long Term Debt / Equity (X)0.000.000.000.000.01
Total Debt / Equity (X)0.000.000.000.010.01
Asset Turnover Ratio (%)0.970.920.900.891.06
Current Ratio (X)6.824.254.474.523.19
Quick Ratio (X)5.302.703.103.262.01
Inventory Turnover Ratio (X)2.242.462.672.252.73
Dividend Payout Ratio (NP) (%)0.0018.2020.736.1339.70
Dividend Payout Ratio (CP) (%)0.0016.2718.615.1032.87
Earning Retention Ratio (%)0.0081.8079.2793.8760.30
Cash Earning Retention Ratio (%)0.0083.7381.3994.9067.13
Interest Coverage Ratio (X)85.2362.7745.7236.6228.43
Interest Coverage Ratio (Post Tax) (X)58.9643.3032.6023.9418.64
Enterprise Value (Cr.)500.35240.03192.88173.2290.82
EV / Net Operating Revenue (X)2.221.251.171.140.50
EV / EBITDA (X)10.806.086.286.643.39
MarketCap / Net Operating Revenue (X)2.281.301.201.180.55
Retention Ratios (%)0.0081.7979.2693.8660.29
Price / BV (X)2.421.331.201.220.75
Price / Net Operating Revenue (X)2.281.301.201.180.55
EarningsYield0.060.100.100.090.16

Mazda Ltd Profitability Ratios (%)

Mazda Ltd Liquidity Ratios

Mazda Ltd Liquidity Ratios (%)

Mazda Ltd Interest Coverage Ratios (%)

Mazda Ltd Valuation Ratios

Fair Value

Fair Value: 1,505.48

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.

Undervalued: 7.77% compared to the current price 1397

Intrinsic Value: 1,723.94

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 23.40% compared to the current price ₹1397

Last 5 Year EPS CAGR: 14.51%

*Investments are subject to market risks

Strength and Weakness of Mazda Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 18.08%, which is a positive sign.
  2. The company has higher reserves (120.15 cr) compared to borrowings (1.69 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (142.00 cr) and profit (21.62 cr) over the years.
  1. The stock has a high average Working Capital Days of 95.00, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 139.67, which may not be favorable.

FAQ

What is the latest fair value of Mazda Ltd?

The latest fair value of Mazda Ltd is ₹1505.48.

What is the Market Cap of Mazda Ltd?

The Market Cap of Mazda Ltd is 560 Cr..

What is the current Stock Price of Mazda Ltd as on 24 June 2024?

The current stock price of Mazda Ltd as on 24 June 2024 is ₹1,397.

What is the High / Low of Mazda Ltd stocks in FY 2024?

In FY 2024, the High / Low of Mazda Ltd stocks is 1,661/832.

What is the Stock P/E of Mazda Ltd?

The Stock P/E of Mazda Ltd is 17.8.

What is the Book Value of Mazda Ltd?

The Book Value of Mazda Ltd is 530.

What is the Dividend Yield of Mazda Ltd?

The Dividend Yield of Mazda Ltd is 1.00 %.

What is the ROCE of Mazda Ltd?

The ROCE of Mazda Ltd is 21.2 %.

What is the ROE of Mazda Ltd?

The ROE of Mazda Ltd is 15.8 %.

What is the Face Value of Mazda Ltd?

The Face Value of Mazda Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mazda Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE