About Mazda Textile Industries Limited
Data last updated: 09 February 2026
Mazda Textile Industries Limited is a public limited company based in Surat, Gujarat, India. It specialises in textile weaving, a part of the broader textiles sector. Incorporated on 02 February 1987, the company has been in operation for over 39 years.
Registered with ROC Ahmedabad under CIN U17110GJ1987PLC009348.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.35 Cr. It is led by directors including Sanjay Keshavbhai Deokar and Urmilaben Vinubhai Patel.
Last AGM: 30 September 2014. Financial statements filed for year ended 31 March 2009. Office: 302 Raj Krupa Appartment Babuniwas Ni Gali Timaliyawad Nanapur, Surat, Gujarat, India – 395002.
The company is associated with 1 brand - Mazda Motor Corporation. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mazda.com.
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Registered Address302 Raj Krupa Appartment Babuniwas Ni Gali Timaliyawad Nanapur, Surat, Gujarat, India – 395002
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IndustryTextile, Textile Weaving, Spinning & Weaving
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mazda Textile Industries Limited
Mazda Textile Industries Limited operates one associated brand: Mazda Motor Corporation. These brands represent Mazda Textile Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Automotive vehicles are manufactured by Mazda Motor Corporation. | mazda.com |
Competitors & Alternatives of Mazda Textile Industries Limited
Brands and companies operating in the same space as Mazda Textile Industries Limited include Aurora, Polestar, Cruise and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Aurora
|
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | Mountain View, United States, United States | 2017 |
Polestar
|
Electric vehicles are manufactured and developed by Polestar. | Gothenburg, Sweden, Sweden | 1996 |
Cruise
|
SaaS-enabled hardware and software for autonomous vehicles are developed. | San Francisco, United States, United States | 2013 |
Kia
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Motor vehicles and parts are manufactured, imported, distributed, and sold. | Irvine, United States, United States | 1994 |
BMW Group
|
Automotive manufacturing company | Munich, Germany, Germany | 1916 |
Toyota
|
Automotive vehicles including cars, trucks, and SUVs are manufactured. | Plano, United States, United States | 1957 |
Waymo
|
Self-driving vehicle solutions are developed and deployed for transportation. | Mountain View, United States, United States | 2009 |
NIO
|
AI-enabled electric vehicles and battery-swapping systems are developed by NIO. | Shanghai, China, China | 2014 |
Argo AI
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AI solutions for autonomous driving software and hardware are developed. | Pittsburgh, United States, United States | 2016 |
Board of Directors of Mazda Textile Industries Limited
Mazda Textile Industries Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Keshavbhai Deokar | Director | 12 Oct 1991 | 34 Years 8 Months | Current |
| Urmilaben Vinubhai Patel | Director | 12 Jun 2007 | 19 Years 0 Months | Current |
| Vinubhai Fulabhai Patel | Director | 10 Dec 1987 | 38 Years 6 Months | Current |
Financials of Mazda Textile Industries Limited FY 2026 filings available
Mazda Textile Industries Limited reported revenue of ₹212.05 Cr (up 9.72% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹212.05 Cr | ₹193.26 Cr | ₹225.43 Cr | ₹191.52 Cr | ₹164.99 Cr | ₹152.42 Cr | ₹179.68 Cr |
| Other Income | ₹7.05 Cr | ₹7.47 Cr | ₹6.58 Cr | ₹2.34 Cr | ₹3.19 Cr | ₹2.37 Cr | ₹1.72 Cr |
| Total Income | ₹219.11 Cr | ₹200.74 Cr | ₹232.01 Cr | ₹193.86 Cr | ₹168.18 Cr | ₹154.79 Cr | ₹181.4 Cr |
| Cost of Materials Consumed | ₹134.4 Cr | ₹95.32 Cr | ₹99.49 Cr | ₹107.65 Cr | ₹84.72 Cr | ₹75.42 Cr | ₹103.01 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹43.47 Cr | -₹5.68 Cr | ₹16.79 Cr | -₹14.63 Cr | -₹3.6 Cr | ₹4.72 Cr | ₹1.42 Cr |
| Employee Benefit Expense | ₹32.58 Cr | ₹29.25 Cr | ₹26.66 Cr | ₹23.67 Cr | ₹21.4 Cr | ₹18.31 Cr | ₹15.41 Cr |
| Finance Costs | ₹1.01 Cr | ₹53.59 Lakh | ₹54.38 Lakh | ₹62.94 Lakh | ₹67.23 Lakh | ₹71.19 Lakh | ₹94.37 Lakh |
| Depreciation & Amortisation | ₹4.18 Cr | ₹3.89 Cr | ₹4.02 Cr | ₹3.15 Cr | ₹2.42 Cr | ₹3.27 Cr | ₹3.46 Cr |
| Other Expenses | ₹54.04 Cr | ₹44.42 Cr | ₹42.72 Cr | ₹37.66 Cr | ₹34.93 Cr | ₹30.28 Cr | ₹34.72 Cr |
| Total Expenses | ₹182.75 Cr | ₹167.73 Cr | ₹190.22 Cr | ₹158.14 Cr | ₹140.53 Cr | ₹132.7 Cr | ₹158.97 Cr |
| Profit Before Exceptional Items & Tax | ₹36.36 Cr | ₹33.01 Cr | ₹41.79 Cr | ₹35.72 Cr | ₹27.65 Cr | ₹22.09 Cr | ₹22.43 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹36.36 Cr | ₹33.01 Cr | ₹41.79 Cr | ₹35.72 Cr | ₹27.65 Cr | ₹22.09 Cr | ₹22.43 Cr |
| Total Tax Expense | ₹8.85 Cr | ₹8.15 Cr | ₹10.27 Cr | ₹9.1 Cr | ₹6.41 Cr | ₹5.76 Cr | ₹5.78 Cr |
| Net Profit | ₹27.51 Cr | ₹24.85 Cr | ₹31.52 Cr | ₹26.63 Cr | ₹21.24 Cr | ₹16.33 Cr | ₹16.65 Cr |
| Other Comprehensive Income | -₹88.89 Lakh | -₹76.04 Lakh | ₹42.47 Lakh | ₹9.4 Lakh | -₹23.86 Lakh | ₹27.42 Lakh | -₹14.06 Lakh |
| Total Comprehensive Income | ₹26.62 Cr | ₹24.09 Cr | ₹31.95 Cr | ₹26.72 Cr | ₹21.01 Cr | ₹16.6 Cr | ₹16.5 Cr |
| EBITDA (computed) | ₹41.55 Cr | ₹37.43 Cr | ₹46.35 Cr | ₹39.5 Cr | ₹30.74 Cr | ₹26.07 Cr | ₹26.83 Cr |
| Basic EPS | ₹13.74 | ₹12.41 | ₹78.70 | ₹66.48 | ₹53.04 | ₹40.77 | ₹41.46 |
| Diluted EPS | ₹13.74 | ₹12.41 | ₹78.70 | ₹66.48 | ₹53.04 | ₹40.77 | ₹41.46 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹314.9 Cr | ₹264.69 Cr | ₹240.5 Cr | ₹224.28 Cr |
| Non-current Assets | ₹78.84 Cr | ₹80.67 Cr | ₹79.15 Cr | ₹79.34 Cr |
| Current Assets | ₹236.06 Cr | ₹184.02 Cr | ₹161.35 Cr | ₹144.95 Cr |
| Property, Plant & Equipment | ₹71.37 Cr | ₹70.56 Cr | ₹71.48 Cr | ₹72.02 Cr |
| Inventories | ₹98.17 Cr | ₹43.7 Cr | ₹35.92 Cr | ₹52.9 Cr |
| Trade Receivables | ₹59.12 Cr | ₹40.65 Cr | ₹33.18 Cr | ₹36.7 Cr |
| Cash & Equivalents | ₹6.73 Cr | ₹9.44 Cr | ₹14.1 Cr | ₹7.84 Cr |
| Equity (Net Worth) | ₹249.34 Cr | ₹229.93 Cr | ₹212.24 Cr | ₹185.9 Cr |
| Equity Share Capital | ₹4.01 Cr | ₹4.01 Cr | ₹4.01 Cr | ₹4.01 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹57.86 Cr | ₹28.56 Cr | ₹23.66 Cr | ₹34.1 Cr |
| Total Liabilities | ₹65.56 Cr | ₹34.77 Cr | ₹28.26 Cr | ₹38.38 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹18.77 Cr | ₹11.07 Cr | ₹43.02 Cr | ₹23.59 Cr | ₹8.4 Cr |
| Investing Cash Flow | ₹24.27 Cr | -₹8.78 Cr | -₹30.3 Cr | -₹14.61 Cr | -₹4.98 Cr |
| Financing Cash Flow | -₹8.22 Cr | -₹6.94 Cr | -₹6.46 Cr | -₹5.62 Cr | -₹6.1 Cr |
| Capital Expenditure | ₹4.2 Cr | ₹4.01 Cr | ₹2.87 Cr | ₹4.6 Cr | ₹15.85 Cr |
| Free Cash Flow (computed) | -₹22.98 Cr | ₹7.06 Cr | ₹40.15 Cr | ₹18.98 Cr | -₹7.45 Cr |
| Dividends Paid | ₹7.21 Cr | ₹6.41 Cr | ₹5.61 Cr | ₹4.85 Cr | ₹4.41 Cr |
| Net Change in Cash | -₹2.71 Cr | -₹4.66 Cr | ₹6.26 Cr | ₹3.39 Cr | -₹2.71 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹64.19 Cr | ₹47.39 Cr | ₹50.84 Cr | ₹49.63 Cr | ₹53.52 Cr | ₹46.78 Cr | ₹56.79 Cr | ₹36.17 Cr | ₹57.55 Cr | ₹53.97 Cr | ₹62.71 Cr | ₹51.19 Cr |
| Other Income | ₹12.35 Lakh | ₹1.84 Cr | ₹81.61 Lakh | ₹4.27 Cr | ₹91.8 Lakh | ₹20.29 Lakh | ₹3.88 Cr | ₹3.14 Cr | ₹1.96 Cr | ₹1.77 Cr | ₹99.52 Lakh | ₹1.85 Cr |
| Total Income | ₹64.32 Cr | ₹49.24 Cr | ₹51.65 Cr | ₹53.9 Cr | ₹54.44 Cr | ₹46.98 Cr | ₹60.68 Cr | ₹39.31 Cr | ₹59.51 Cr | ₹55.74 Cr | ₹63.71 Cr | ₹53.05 Cr |
| Cost of Materials Consumed | ₹43.81 Cr | ₹31.26 Cr | ₹37.64 Cr | ₹21.7 Cr | ₹27.31 Cr | ₹24.62 Cr | ₹26.1 Cr | ₹17.29 Cr | ₹21.58 Cr | ₹21.93 Cr | ₹29.28 Cr | ₹26.7 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹14.53 Cr | -₹15.61 Cr | -₹17.26 Cr | ₹3.93 Cr | -₹35.38 Lakh | -₹7.04 Cr | ₹3.64 Cr | -₹1.93 Cr | ₹7.61 Cr | ₹4.4 Cr | ₹6.35 Cr | -₹1.57 Cr |
| Employee Benefit Expense | ₹7.91 Cr | ₹7.29 Cr | ₹7.52 Cr | ₹9.86 Cr | ₹6.46 Cr | ₹6.81 Cr | ₹6.75 Cr | ₹9.22 Cr | ₹6.33 Cr | ₹5.96 Cr | ₹6.34 Cr | ₹8.04 Cr |
| Finance Costs | ₹31.98 Lakh | ₹28.2 Lakh | ₹25.1 Lakh | ₹15.54 Lakh | ₹10.33 Lakh | ₹20.93 Lakh | ₹7.31 Lakh | ₹15.02 Lakh | ₹14.5 Lakh | ₹10.69 Lakh | ₹9.97 Lakh | ₹19.22 Lakh |
| Depreciation & Amortisation | ₹1.07 Cr | ₹1.06 Cr | ₹1.04 Cr | ₹1.02 Cr | ₹98.47 Lakh | ₹97.51 Lakh | ₹97.03 Lakh | ₹95.55 Lakh | ₹1.02 Cr | ₹1 Cr | ₹99.69 Lakh | ₹1 Cr |
| Other Expenses | ₹16.99 Cr | ₹13.66 Cr | ₹12.48 Cr | ₹10.92 Cr | ₹12.2 Cr | ₹11.7 Cr | ₹11.31 Cr | ₹9.87 Cr | ₹9.96 Cr | ₹11.44 Cr | ₹12.3 Cr | ₹9.03 Cr |
| Total Expenses | ₹55.57 Cr | ₹37.95 Cr | ₹41.66 Cr | ₹47.58 Cr | ₹46.71 Cr | ₹37.28 Cr | ₹48.84 Cr | ₹35.56 Cr | ₹46.63 Cr | ₹44.83 Cr | ₹55.37 Cr | ₹43.39 Cr |
| Profit Before Exceptional Items & Tax | ₹8.75 Cr | ₹11.29 Cr | ₹10 Cr | ₹6.32 Cr | ₹7.72 Cr | ₹9.7 Cr | ₹11.83 Cr | ₹3.75 Cr | ₹12.88 Cr | ₹10.91 Cr | ₹8.34 Cr | ₹9.66 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹8.75 Cr | ₹11.29 Cr | ₹10 Cr | ₹6.32 Cr | ₹7.72 Cr | ₹9.7 Cr | ₹11.83 Cr | ₹3.75 Cr | ₹12.88 Cr | ₹10.91 Cr | ₹8.34 Cr | ₹9.66 Cr |
| Total Tax Expense | ₹2.46 Cr | ₹2.57 Cr | ₹2.41 Cr | ₹1.41 Cr | ₹2.17 Cr | ₹2.28 Cr | ₹2.85 Cr | ₹85.52 Lakh | ₹3.51 Cr | ₹2.64 Cr | ₹2.15 Cr | ₹1.97 Cr |
| Net Profit | ₹6.29 Cr | ₹8.72 Cr | ₹7.58 Cr | ₹4.91 Cr | ₹5.56 Cr | ₹7.42 Cr | ₹8.98 Cr | ₹2.9 Cr | ₹9.37 Cr | ₹8.26 Cr | ₹6.19 Cr | ₹7.7 Cr |
| Other Comprehensive Income | -₹65.18 Lakh | -₹30.03 Lakh | ₹10.61 Lakh | -₹4.29 Lakh | -₹67.67 Lakh | ₹28.57 Lakh | -₹16.85 Lakh | -₹20.09 Lakh | -₹36.71 Lakh | ₹1.05 Cr | -₹7.58 Lakh | -₹18.47 Lakh |
| Total Comprehensive Income | ₹5.64 Cr | ₹8.42 Cr | ₹7.69 Cr | ₹4.87 Cr | ₹4.88 Cr | ₹7.71 Cr | ₹8.81 Cr | ₹2.7 Cr | ₹9 Cr | ₹9.32 Cr | ₹6.12 Cr | ₹7.51 Cr |
| EBITDA (computed) | ₹10.13 Cr | ₹12.63 Cr | ₹11.28 Cr | ₹7.5 Cr | ₹8.81 Cr | ₹10.89 Cr | ₹12.88 Cr | ₹4.86 Cr | ₹14.04 Cr | ₹12.02 Cr | ₹9.44 Cr | ₹10.86 Cr |
| Basic EPS | ₹3.14 | ₹4.36 | ₹3.79 | ₹2.45 | ₹2.77 | ₹3.71 | ₹22.42 | ₹7.23 | ₹23.39 | ₹20.63 | ₹15.46 | ₹19.22 |
| Diluted EPS | ₹3.14 | ₹4.36 | ₹3.79 | ₹2.45 | ₹2.77 | ₹3.71 | ₹22.42 | ₹7.23 | ₹23.39 | ₹20.63 | ₹15.46 | ₹19.22 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| ENGINEERING DIVISION | ₹51.43 Cr | ₹11.4 Cr | ₹163.7 Cr | ₹46.58 Cr |
| FOOD DIVISION | ₹12.76 Cr | ₹2.17 Cr | ₹63.67 Cr | ₹6.18 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| ENGINEERING DIVISION | ₹176.5 Cr | ₹45.52 Cr | - | - |
| FOOD DIVISION | ₹35.56 Cr | ₹4.03 Cr | - | - |
Board & Governance of Mazda Textile Industries Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Mazda Textile Industries Limited has 9 directors - 3 independent and 2 executive. The board is chaired by MOHIB KHERICHA.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| MOHIB KHERICHA | Non-Executive - Non Independent Director · Chairperson | 1992-09-12 | 3 |
| SHEILA MODY | Non-Executive - Non Independent Director | 1991-09-20 | 1 |
| HOUTOXI CONTRACTOR | Non-Executive - Non Independent Director | 1992-10-02 | 1 |
| SAMUEL CROLL-III | Non-Executive - Non Independent Director | 1992-09-12 | 1 |
| PERCY AVARI | Executive Director | 2003-01-29 | 1 |
| SHANAYA MODY KHATUA | Executive Director | 2007-01-22 | 1 |
| MIHIR MEHTA | Non-Executive - Independent Director · Shareholder Director | 2024-09-09 | 1 |
| ASHOK KAVDIA | Non-Executive - Independent Director · Shareholder Director | 2024-09-09 | 2 |
| SHETAL BHATT | Non-Executive - Independent Director · Shareholder Director | 2024-09-09 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | ASHOK KAVDIA (Chairperson), MOHIB KHERICHA, MIHIR MEHTA, SHETAL BHATT |
| Nomination and remuneration committee | SHETAL BHATT (Chairperson), MIHIR MEHTA, SHEILA MODY |
| Stakeholders Relationship Committee | SHEILA MODY (Chairperson), PERCY AVARI, ASHOK KAVDIA, SHETAL BHATT |
| Corporate Social Responsibility Committee | SHEILA MODY (Chairperson), PERCY AVARI, MIHIR MEHTA, SHETAL BHATT |
| EXECUTIVE COMMITTEE | MOHIB KHERICHA (Chairperson), SHEILA MODY, PERCY AVARI, SHETAL BHATT |
Charges & Borrowings of Mazda Textile Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 1988 | Union Ban of India | ₹50 Lakh | Open |
| 26 Apr 1988 | Bank of Baroda | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Mazda Textile Industries Limited
View historical data on people associated with Mazda Textile Industries Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Mazda Textile Industries Limited
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GST Compliance of Mazda Textile Industries Limited
GSTIN & GST Filing Data of Mazda Textile Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mazda Textile Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mazda Textile Industries Limited
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MSME Payment Delays by Mazda Textile Industries Limited
MSME Payment Delays by Mazda Textile Industries Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Mazda Textile Industries Limited
Subsidiaries & Group Companies of Mazda Textile Industries Limited
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MCA Filings & Documents of Mazda Textile Industries Limited
MCA Filings & Documents of Mazda Textile Industries Limited
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Recent Activity on Mazda Textile Industries Limited
Recent News on Mazda Textile Industries Limited
Frequently Asked Questions about Mazda Textile Industries Limited
Mazda Textile Industries Limited is an active public limited company in the textile sector based in Surat, Gujarat, India. It was incorporated on 02 February 1987 (39+ years old) and is registered under CIN U17110GJ1987PLC009348.
The current directors of Mazda Textile Industries Limited are:
The primary industry of Mazda Textile Industries Limited is textile. The company specifically operates in textile weaving. The company is currently active in this sector.
Mazda Textile Industries Limited can be reached at the registered office: 302 Raj Krupa Appartment Babuniwas Ni Gali Timaliyawad Nanapur, Surat, Gujarat, India – 395002, or through the website mazda.com.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹1.35 Cr.
The company has its registered office at 302 Raj Krupa Appartment Babuniwas Ni Gali Timaliyawad Nanapur, Surat, Gujarat, India – 395002.