Mazda Ltd Share Price ₹236 | P/E 16.0

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Mazda Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	66.90	51.19	62.71	53.97	57.55	36.17	56.79	46.78	53.52	49.63	50.84	47.39	64.19
Expenses +	51.77	42.19	54.27	43.72	45.46	34.45	47.80	36.09	45.63	46.40	40.38	36.60	54.18
Operating Profit	15.13	9.00	8.44	10.25	12.09	1.72	8.99	10.69	7.89	3.23	10.46	10.79	10.01
OPM %	22.62%	17.58%	13.46%	18.99%	21.01%	4.76%	15.83%	22.85%	14.74%	6.51%	20.57%	22.77%	15.59%
Other Income +	0.61	1.85	1.00	1.77	1.96	3.14	3.88	0.20	0.92	4.27	0.82	1.84	0.12
Interest	0.16	0.19	0.10	0.11	0.15	0.15	0.07	0.21	0.10	0.16	0.25	0.28	0.32
Depreciation	0.95	1.00	1.00	1.00	1.02	0.96	0.97	0.98	0.98	1.02	1.04	1.06	1.07
Profit before tax	14.63	9.66	8.34	10.91	12.88	3.75	11.83	9.70	7.73	6.32	9.99	11.29	8.74
Tax %	27.41%	20.39%	25.78%	24.20%	27.25%	22.93%	24.09%	23.51%	28.07%	22.31%	24.22%	22.67%	28.15%
Net Profit +	10.63	7.70	6.19	8.26	9.37	2.90	8.98	7.42	5.56	4.91	7.58	8.72	6.29
EPS in Rs	5.32	3.85	3.10	4.13	4.68	1.45	4.49	3.71	2.78	2.45	3.79	4.35	3.14

Financials of Mazda Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	118	122	110	107	139	180	152	165	192	225	193	212
Expenses +	101	104	97	93	120	155	129	137	154	186	163	178
Operating Profit	17	18	13	14	19	25	24	28	38	40	30	34
OPM %	15%	15%	12%	13%	14%	14%	16%	17%	20%	18%	16%	16%
Other Income +	1	2	5	4	3	2	2	3	2	7	7	7
Interest	0	1	0	1	1	1	1	1	1	1	1	1
Depreciation	2	2	3	3	3	3	3	2	3	4	4	4
Profit before tax	16	17	15	14	19	22	22	28	36	42	33	36
Tax %	30%	29%	14%	29%	24%	26%	26%	23%	25%	25%	25%	24%
Net Profit +	11	12	13	10	14	17	16	21	27	32	25	28
EPS in Rs	5.27	5.65	6.07	4.84	6.62	8.32	8.16	10.62	13.32	15.76	12.41	13.74
Dividend Payout %	23%	23%	24%	34%	27%	24%	27%	23%	21%	20%	29%	29%

Financials of Mazda Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4	4	4	4	4	4	4	4	4	4	4	4
Reserves	87	95	114	120	130	128	143	160	182	208	226	245
Borrowings +	3	2	2	3	2	1	1	0	1	0	0	0
Other Liabilities +	29	31	20	24	37	34	24	28	38	28	35	66
Total Liabilities	123	132	141	151	173	167	173	192	224	240	265	315
Fixed Assets +	21	23	34	34	34	33	35	35	76	75	74	74
CWIP	0	3	4	4	8	17	25	40	0	0	1	0
Investments	33	41	47	57	43	28	40	31	43	78	89	65
Other Assets +	69	65	56	56	88	89	73	86	105	88	101	175
Total Assets	123	132	141	151	173	167	173	192	224	240	265	315

Financials of Mazda Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	16	17	7	14	-5	22	20	8	24	43	11	-19
Cash from Investing Activity +	-9	-17	-10	-7	10	4	-20	-5	-15	-30	-9	24
Cash from Financing Activity +	-4	-4	-4	-4	-9	-19	-2	-6	-6	-6	-7	-8
Net Cash Flow	3	-4	-7	3	-4	7	-2	-3	3	6	-5	-3
Free Cash Flow	11	10	-8	13	-12	10	10	-7	19	40	7	-23
CFO/OP	117%	125%	81%	117%	1%	112%	112%	49%	82%	134%	63%	-35%

Financials of Mazda Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	70	68	75	85	79	67	76	92	70	54	77	102
Inventory Days	114	111	116	132	181	133	131	156	208	113	178	394
Days Payable	71	75	70	93	112	66	55	70	73	44	63	89
Cash Conversion Cycle	113	104	120	124	148	135	152	178	205	122	191	407
Working Capital Days	73	59	84	79	105	84	94	118	116	78	111	295
ROCE %	18%	17%	14%	12%	15%	17%	16%	18%	21%	21%	15%	16%

Mazda Ltd Q2 FY25 Share Price & Earnings Call Analysis