
About Mazda Limited
Data last updated:
Mazda Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 03 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29120GJ1990PLC014293. Its GSTIN is 24AABCM9273H1ZC (Gujarat). The company holds 2 GST registrations, all of them active. Its shares are listed on BSE: 523792 and NSE: MAZDA.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.01 Cr. It was formerly known as Mazda Controls Private Limited and Mazda Croll-Reynolds Process Systems Private Limited. It is led by directors including Shanaya Mody Khatua (Whole-Time Director) and Percy Xerex Avari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/1 39/13/16G I D C Naroda, Ahmedabad, Gujarat, India – 382330.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹212.05 Cr, a growth of 9.7% compared to the previous year. For the same year it recorded a net profit of ₹27.53 Cr (net margin 13%) and EBITDA of ₹34.49 Cr (EBITDA margin 16.3%). The net worth stands at ₹249.34 Cr (up 8.4% YoY). Total assets are valued at ₹251.34 Cr (up 9.2% YoY).
The company has about 291 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Bcool and Mazda Limited. As per MCA filings, the company has open charges of ₹78.5 Cr and satisfied charges of ₹9.96 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mazdalimited.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC/1 39/13/16G I D C Naroda, Ahmedabad, Gujarat, India – 382330
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Name History of Mazda Limited
Mazda has undergone 2 name changes throughout its history. The company was previously known as Mazda Controls Private Limited, and Mazda Croll-Reynolds Process Systems Private Limited. The current legal name is Mazda Limited.
| Company Name | Status |
|---|---|
| Mazda Limited | Current |
| Mazda Controls Private Limited | Previous |
| Mazda Croll-Reynolds Process Systems Private Limited | Previous |
CIN History of Mazda Limited
Mazda has one previous CIN (Corporate Identification Number): U29120GJ1990PLC014293. The current CIN is L29120GJ1990PLC014293, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29120GJ1990PLC014293 | Current |
| U29120GJ1990PLC014293 | Previous |
Associated Brands with Mazda Limited
Mazda operates two associated brands: Bcool and Mazda Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Food product manufacturing and export services in India. | bcool.in | |
| Engineering solutions are provided by Mazda Limited for industries. | mazdalimited.com |
Business Activity of Mazda Limited
The main business activity of Mazda is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and food, beverages and tobacco products. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mazda Limited
Mazda Limited is audited by Mayank Shah& Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mayank Shah& Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mazda Limited
Mazda has 9 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanaya Mody Khatua | Whole-Time Director | 22 Jan 2007 | 19 Years 8 Months | Current |
| Sheila Sorab Mody | Director | 20 Sep 1991 | 35 Years 0 Months | Current |
| Houtoxi Contractor | Director | 02 Oct 1992 | 34 Years 0 Months | Current |
| Samuel Wilbur Croll Iii | Director | 12 Sep 1992 | 34 Years 0 Months | Current |
| Mohib Nomanbhai Khericha Also directs: Saphire Finman Services LLP, Techno Office Space LLP, TD Power Systems Limited and 3 more | Director | 12 Sep 1992 | 34 Years 0 Months | Current |
| Percy Xerex Avari | Whole-Time Director | 29 Jan 2003 | 23 Years 8 Months | Current |
Financials of Mazda Limited FY 2025-26 filings available
Mazda Limited reported revenue of ₹212.05 Cr (up 9.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 212 | 193 | 225 | 192 | 165 | 152 | 180 |
| Revenue growth | +9.7% | -14.3% | +17.7% | +16.1% | +8.3% | -15.2% | - |
| EBITDA | 34.49 | 29.95 | 39.78 | 37.18 | 27.53 | 23.66 | 25.12 |
| EBITDA margin | +16.3% | +15.5% | +17.7% | +19.4% | +16.7% | +15.5% | +14.0% |
| Profit before tax | 36.35 | 32.99 | 41.80 | 35.74 | 27.63 | 22.09 | 22.44 |
| Net profit | 27.53 | 24.83 | 31.58 | 26.95 | 21.24 | 16.34 | 16.66 |
| Net profit margin | +13.0% | +12.9% | +14.0% | +14.1% | +12.9% | +10.7% | +9.3% |
| EPS (₹) | 13.74 | 12.41 | 78.70 | 66.48 | 53.04 | 40.77 | 41.56 |
| Balance sheet | |||||||
| Total assets | 251 | 230 | 212 | 187 | 165 | 149 | 134 |
| Net worth | 249 | 230 | 212 | 186 | 164 | 147 | 132 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.63 | 0.28 | 1.30 | 1.30 |
| Cash & bank | 6.95 | 9.65 | 14.31 | 8.06 | 4.74 | 7.44 | 9.56 |
| Net working capital | 115 | 68.46 | 62.31 | 69.49 | 58.16 | 47.32 | 51.53 |
| Cash flow | |||||||
| Cash from operations | (18.77) | 11.07 | 43.02 | 23.59 | 8.40 | 19.98 | 22.33 |
| Cash from investing | 24.28 | (8.78) | (30.30) | (14.58) | (5.01) | (19.76) | 3.70 |
| Cash from financing | (8.22) | (6.94) | (6.46) | (5.62) | (6.10) | (2.07) | (18.85) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 80.34 | 64.19 | 47.39 | 50.84 | 49.63 | 53.52 | 46.78 | 56.79 |
| Revenue growth (YoY) | +61.9% | +19.9% | +1.3% | -10.5% | +37.2% | - | - | - |
| Other income | 3.59 | 0.12 | 1.84 | 0.82 | 4.27 | 0.92 | 0.20 | 3.88 |
| Total expenses | 73.00 | 54.18 | 36.61 | 40.37 | 46.41 | 45.63 | 36.10 | 47.80 |
| EBITDA | 7.34 | 10.01 | 10.78 | 10.47 | 3.22 | 7.89 | 10.68 | 8.99 |
| EBITDA margin | +9.1% | +15.6% | +22.7% | +20.6% | +6.5% | +14.7% | +22.8% | +15.8% |
| Depreciation | 1.13 | 1.07 | 1.06 | 1.04 | 1.02 | 0.98 | 0.98 | 0.97 |
| Interest | 0.18 | 0.32 | 0.28 | 0.25 | 0.16 | 0.10 | 0.21 | 0.07 |
| Profit before tax | 9.62 | 8.74 | 11.28 | 10.00 | 6.31 | 7.73 | 9.69 | 11.83 |
| Tax | 2.29 | 2.46 | 2.56 | 2.42 | 1.41 | 2.17 | 2.28 | 2.85 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 80.34 | 64.19 | 47.39 | 50.84 | 49.63 | 53.52 | 46.78 | 56.79 |
| Revenue growth (YoY) | +61.9% | +19.9% | +1.3% | -10.5% | +37.2% | - | - | - |
| Other income | 3.59 | 0.12 | 1.84 | 0.82 | 4.27 | 0.92 | 0.20 | 3.88 |
| Total expenses | 73.00 | 54.18 | 36.61 | 40.37 | 46.41 | 45.63 | 36.10 | 47.80 |
| EBITDA | 7.34 | 10.01 | 10.78 | 10.47 | 3.22 | 7.89 | 10.68 | 8.99 |
| EBITDA margin | +9.1% | +15.6% | +22.7% | +20.6% | +6.5% | +14.7% | +22.8% | +15.8% |
| Depreciation | 1.13 | 1.07 | 1.06 | 1.04 | 1.02 | 0.98 | 0.98 | 0.97 |
| Interest | 0.18 | 0.32 | 0.28 | 0.25 | 0.16 | 0.10 | 0.21 | 0.07 |
| Profit before tax | 9.62 | 8.74 | 11.28 | 10.00 | 6.31 | 7.73 | 9.69 | 11.83 |
| Tax | 2.29 | 2.46 | 2.56 | 2.42 | 1.41 | 2.17 | 2.28 | 2.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 212 | 193 | 225 | 192 | 165 | 152 | 180 |
| Revenue growth | +9.7% | -14.3% | +17.7% | +16.1% | +8.3% | -15.2% | - |
| Other income | 7.05 | 7.47 | 6.58 | 2.34 | 3.19 | 2.41 | 1.72 |
| Total expenses | 178 | 163 | 186 | 154 | 137 | 129 | 155 |
| Employee cost | 32.58 | 29.25 | 26.66 | 23.67 | 21.40 | 18.31 | 15.41 |
| EBITDA | 34.49 | 29.95 | 39.78 | 37.18 | 27.53 | 23.66 | 25.12 |
| EBITDA margin | +16.3% | +15.5% | +17.7% | +19.4% | +16.7% | +15.5% | +14.0% |
| Depreciation | 4.18 | 3.89 | 4.02 | 3.15 | 2.42 | 3.27 | 3.46 |
| Interest | 1.01 | 0.54 | 0.54 | 0.63 | 0.67 | 0.71 | 0.94 |
| Profit before tax | 36.35 | 32.99 | 41.80 | 35.74 | 27.63 | 22.09 | 22.44 |
| Tax | 8.85 | 8.16 | 10.27 | 9.09 | 6.40 | 5.76 | 5.78 |
| Net profit | 27.53 | 24.83 | 31.58 | 26.95 | 21.24 | 16.34 | 16.66 |
| Net profit margin | +13.0% | +12.9% | +14.0% | +14.1% | +12.9% | +10.7% | +9.3% |
| EPS (₹) | 13.74 | 12.41 | 78.70 | 66.48 | 53.04 | 40.77 | 41.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.01 | 4.01 | 4.01 | 4.01 | 4.01 | 4.01 | 4.01 |
| Reserves & surplus | 245 | 226 | 208 | 182 | 160 | 143 | 128 |
| Shareholders' funds (net worth) | 249 | 230 | 212 | 186 | 164 | 147 | 132 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.49 | 0.52 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.63 | 0.28 | 0.81 | 0.78 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.63 | 0.28 | 1.30 | 1.30 |
| Total liabilities | 251 | 230 | 212 | 187 | 165 | 149 | 134 |
| Assets | |||||||
| Gross block | 108 | 104 | 101 | 100 | 56.79 | 62.30 | 58.17 |
| Net block | 74.34 | 73.58 | 74.60 | 75.82 | 34.68 | 35.29 | 32.96 |
| Capital work in progress | 0.01 | 1.14 | 0.00 | 0.46 | 40.04 | 24.80 | 17.04 |
| Investments | 65.21 | 89.20 | 77.65 | 43.26 | 31.19 | 39.63 | 27.90 |
| Inventories | 98.17 | 43.70 | 35.92 | 52.90 | 34.65 | 28.82 | 38.11 |
| Sundry debtors | 59.12 | 40.65 | 33.18 | 36.70 | 41.59 | 31.56 | 33.22 |
| Cash & bank balances | 6.95 | 9.65 | 14.31 | 8.06 | 4.74 | 7.44 | 9.56 |
| Loans & advances | 9.02 | 3.02 | 2.56 | 5.51 | 2.39 | 1.82 | 2.53 |
| Total current assets | 173 | 97.02 | 85.97 | 103 | 83.37 | 69.64 | 83.42 |
| Total current liabilities | 57.86 | 28.56 | 23.66 | 33.68 | 25.21 | 22.32 | 31.89 |
| Net working capital | 115 | 68.46 | 62.31 | 69.49 | 58.16 | 47.32 | 51.53 |
| Total assets | 251 | 230 | 212 | 187 | 165 | 149 | 134 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 9.44 | 14.10 | 7.84 | 4.45 | 7.16 | 9.01 | 1.84 |
| Net cash from operating activities | (18.77) | 11.07 | 43.02 | 23.59 | 8.40 | 19.98 | 22.33 |
| Net cash from investing activities | 24.28 | (8.78) | (30.30) | (14.58) | (5.01) | (19.76) | 3.70 |
| Net cash from financing activities | (8.22) | (6.94) | (6.46) | (5.62) | (6.10) | (2.07) | (18.85) |
| Net change in cash | (2.71) | (4.66) | 6.26 | 3.39 | (2.71) | (1.85) | 7.17 |
| Closing cash | 6.95 | 9.65 | 14.31 | 8.06 | 4.74 | 7.44 | 9.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +9.7% | -14.3% | +17.7% | +16.1% | +8.3% | -15.2% | - |
| EBITDA growth | +15.2% | -24.7% | +7.0% | +35.1% | +16.4% | -5.8% | - |
| PBT growth | +10.2% | -21.1% | +17.0% | +29.4% | +25.1% | -1.6% | +21.0% |
| Net income growth | +10.9% | -21.4% | +17.2% | +26.9% | +30.0% | -1.9% | - |
| Revenue CAGR (3Y) | +3.5% | +5.4% | +13.9% | +2.2% | +6.0% | +12.4% | +17.6% |
| EBITDA CAGR (3Y) | -2.5% | +2.9% | +18.9% | +14.0% | +13.6% | +19.2% | +24.3% |
| Profitability & leverage | |||||||
| Net income margin | +13.0% | +12.9% | +14.0% | +13.9% | +12.9% | +10.7% | +9.3% |
| Return on capital employed | +15.5% | +15.2% | +21.2% | +20.7% | +18.1% | +16.2% | +17.3% |
| Return on net worth | +11.5% | +11.2% | +15.8% | +15.2% | +13.6% | +11.7% | +12.5% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | -63.94 | 0.01 | 0.00 |
| Interest cover | 3.33 | 2.07 | 1.51 | 1.85 | 2.67 | 3.48 | 4.34 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.01 | 1.88 | 2.24 | 2.44 | 2.77 | 2.53 | 3.16 |
| Inventory turnover | 2.99 | 4.85 | 5.08 | 4.38 | 5.20 | 4.55 | 4.75 |
| Debtors turnover | 4.25 | 5.24 | 6.45 | 4.89 | 4.51 | 4.71 | 5.67 |
| EPS (₹) | 13.74 | 12.41 | 78.70 | 66.48 | 53.04 | 40.77 | 41.56 |
| Dividend per share (₹) | 4.00 | 3.60 | 16.00 | 14.00 | 12.10 | 11.00 | 10.00 |
| Book value per share (₹) | 124.51 | 114.82 | 529.94 | 464.18 | 409.56 | 368.11 | 329.15 |
Shareholding Pattern of Mazda Limited
Shareholding for the quarter ended Sep 2026: promoters hold 48.70%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 51.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 48.70% | 48.60% | 48.60% | 48.60% |
| Public | 51.30% | 51.40% | 51.40% | 51.40% |
Charges & Borrowings of Mazda Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2025 | Others | ₹30 Cr | Open |
| 25 Oct 2002 | State Bank of India | ₹48.5 Cr | Open |
| 08 Oct 2020 | Hdfc Bank Limited | ₹5.44 Lakh | Satisfied |
| 15 Dec 2007 | Icici Bank Limited | ₹10.5 Lakh | Satisfied |
| 16 Jun 1999 | State Bank of India | ₹60 Lakh | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Mazda Limited
Mazda Limited has a workforce of 291 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mazda Limited
Mazda has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM9273H1ZC | Gujarat | Active | 01 Jul 2017 |
| 24AABCM9273H2ZB | Gujarat | Active | 27 Mar 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mazda Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mazda Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mazda Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mazda Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mazda Limited
Frequently Asked Questions about Mazda Limited
Mazda is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 03 September 1990 (36+ years old) and is registered under CIN L29120GJ1990PLC014293. Listed on BSE: 523792 and NSE: MAZDA.
Mazda reported revenue of ₹212.05 Cr for FY 2025-26 (up 9.7% YoY) based on standalone financials.
Mazda has 9 current directors:
- Shanaya Mody Khatua - Whole-Time Director
- Percy Xerex Avari - Whole-Time Director
- Sheila Sorab Mody - Director
- Houtoxi Contractor - Director
- Samuel Wilbur Croll Iii - Director
- Mohib Nomanbhai Khericha - Director
- Ashok Ruplal Kavdia - Director
- Shetal Utkarsh Bhatt - Director
- Mihir Dinesh Mehta - Director
The GSTIN of Mazda is 24AABCM9273H1ZC, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCM9273H2ZB (Gujarat).
The CIN (Corporate Identification Number) of Mazda is L29120GJ1990PLC014293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mazda is listed on both BSE (code: 523792) and NSE (symbol: MAZDA).
Mazda was incorporated on 03 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mazda can be reached through the website mazdalimited.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Mazda is at C1 391316G I D C Naroda, Ahmedabad, Gujarat, India – 382330.