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Mazda Limited (MAZDA) Fair Value & Analysis

Industrials · IN · Market cap ₹4.6B

ML Mazda Limited MAZDA · NSE
Price₹229.49
Fair Value₹124.77
Upside-45.6%
Quality53/100
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Evidence: High Range ₹110.65 – ₹213.50

Fair value as of: Jul 3, 2026

From 17 valuation models · updated today

Share price +0.2% over the past month.

Price vs Fair Value (12 months)

₹313.11 ₹160.50 Fair Value ₹124.77 Jun 2025 Jul 2026

12‑month range ₹160.50 – ₹313.11 · fair‑value band ₹110.65 – ₹213.50 · the ₹229.49 price screens above the ₹124.77 fair value. As of Jul 3, 2026.

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Analysis

Mazda Limited (MAZDA) currently trades at ₹229.49, while our model-based Fair Value estimate is ₹124.77 — implying the stock looks roughly 45.6% overvalued today. We read business quality at 53/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Mazda Limited generated revenue of ₹2.1B at a net margin of 13.0%. Revenue grew 21.6% year over year. It earns a return on equity of 11.5%. The balance sheet holds a net cash position of ₹69.5M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹2.1B
Revenue growth (YoY) +21.6%
Net margin 13.0%
Return on equity 11.5%
Free cash flow −₹239M FY2026
P/E ratio 16.8
More key figures
Operating margin 13.9%
EPS (TTM) ₹13.74
Dividend yield 1.7%
EPS growth (YoY) +35.1%
Net cash ₹69.5M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Mazda Limited manufactures and sells engineering goods in India and internationally. The company operates in two segments, Engineering Products and Food Products. It offers vacuum systems, including steam jet boosters and ejectors; steam jet air ejector systems; combination vacuum systems of steam jet ejectors, liquid ring vacuum pumps, and liquid jet ejectors; thermocompressors; liquid and air jet ejectors; vapour and gas jet ejectors/systems; steam and liquid jet liquid ejectors; steam jet liquid heaters and mixers; single/double stage liquid ring vacuum pumps; and hotshot mechanical automatic pumps. It also provides evaporators comprising OSLO crystallizers, agitated thin film dryer, and stripper systems, and pilot plant, as well as falling/rising film, forced circulation, and combination type evaporators; vapor absorption machines/heat pumps and chiller vector systems; and air pollution control equipment, such as comprise jet venturi and high energy fume, and packed tower …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Mazda Limited reported revenue of ₹2.1B in FY2026 versus ₹1.6B in FY2022, a compound +6.7%/yr. Reported net income was ₹275M in FY2026, compounding +6.7%/yr from FY2022.

Revenue +6.7%/yr
FY22 ₹1.6B
FY23 ₹1.9B
FY24 ₹2.2B
FY25 ₹1.9B
FY26 ₹2.1B
Net income +6.7%/yr
FY22 ₹212M
FY23 ₹266M
FY24 ₹315M
FY25 ₹249M
FY26 ₹275M

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Frequently asked questions

Is Mazda Limited (MAZDA) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹124.77 versus a price of ₹229.49 — about −46% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MAZDA?
Our model-based fair value for Mazda Limited is ₹124.77 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹229.49.
What is the quality score of MAZDA?
Mazda Limited has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mazda Limited (MAZDA)?
Mazda Limited reported trailing-twelve-month revenue of about ₹2.1B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MAZDA?
The net profit margin of Mazda Limited is about 13.0%, meaning it keeps roughly 13.0% of revenue as net income. Based on the latest reported figures.
Does Mazda Limited pay a dividend?
Mazda Limited currently shows a dividend yield of about 1.73% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.