Integrated Filing — IndAS



General information about company
Scrip Code 523792
NSE Symbol MAZDA
MSEI Symbol NOTLISTED
ISIN INE885E01042
Name of company MAZDA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 29-May-2025   19:10:00
End date and time of board meeting 29-May-2025   20:10:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-12
Indicate Company website link for updated RPT policy of the Company https://www.mazdalimited.com/Related-Party-Transaction-Policy_MazdaLimited.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The same is not applicable to the company.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 535174000 1932640000
Other income 9180000 74731000
Total income 544354000 2007371000
2 Expenses
(a) Cost of materials consumed 273120000 953243000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -3538000 -56847000
(d) Employee benefit expense 64632000 292458000
(e) Finance costs 1033000 5359000
(f) Depreciation, depletion and amortisation expense 9847000 38856000
(f) Other Expenses
1 LABOUR CHARGES 41767000 162152000
2 Other Expenses 80270000 282076000
Total other expenses 122037000 444228000
Total expenses 467131000 1677297000
3 Total profit before exceptional items and tax 77223000 330074000
4 Exceptional items 0 0
5 Total profit before tax 77223000 330074000
6 Tax expense
7 Current tax 17554000 63961000
8 Deferred tax 4111000 17570000
9 Total tax expenses 21665000 81531000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 55558000 248543000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 55558000 248543000
17 Other comprehensive income net of taxes -6767000 -7604000
18 Total Comprehensive Income for the period 48791000 240939000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 40050000 40050000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 2259212000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.77 12.41
Diluted earnings (loss) per share from continuing operations 2.77 12.41
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.77 12.41
Diluted earnings (loss) per share from continuing and discontinued operations 2.77 12.41
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) NOTES n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 705564000
Capital work-in-progress 11398000
Investment property 28303000
Goodwill 0
Other intangible assets 1919000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 21915000
Trade receivables, non-current
Loans, non-current 347000
Other non-current financial assets 16026000
Total non-current financial assets 38288000
Deferred tax assets (net) 20544000
Other non-current assets 732000
Total non-current assets 806748000
2 Current assets
Inventories 437002000
Current financial asset
Current investments 870057000
Trade receivables, current 406528000
Cash and cash equivalents 94422000
Bank balance other than cash and cash equivalents 2037000
Loans, current 967000
Other current financial assets 238000
Total current financial assets 1374249000
Current tax assets (net)
Other current assets 28918000
Total current assets 1840169000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2646917000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 40050000
Other equity 2259212000
Total equity attributable to owners of parent 2299262000
Non controlling interest
Total equity 2299262000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 286000
Total non-current financial liabilities 286000
Provisions, non-current 2272000
Deferred tax liabilities (net) 59500000
Deferred government grants, Non-current
Other non-current liabilities 40000
Total non-current liabilities 62098000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 22142000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 133132000
Total Trade payable 155274000
Other current financial liabilities 39540000
Total current financial liabilities 194814000
Other current liabilities 87329000
Provisions, current 3414000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 285557000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 347655000
Total equity and liabilites 2646917000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 ENGINEERING DIVISION 415417000 1566689000
2 FOOD DIVISION 119757000 365951000
Total Segment Revenue 535174000 1932640000
Less: Inter segment revenue 0 0
Revenue from operations 535174000 1932640000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 ENGINEERING DIVISION 82774000 393434000
2 FOOD DIVISION 3111000 30051000
Total Profit before tax 85885000 423485000
i. Finance cost 1033000 1033000
ii. Other Unallocable Expenditure net off Unallocable income 7629000 7629000
Profit before tax 77223000 330074000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 ENGINEERING DIVISION 910517000 910517000
2 FOOD DIVISION 565973000 565973000
Total Segment Asset 1476490000 1476490000
Un-allocable Assets 1170427000 1170427000
Net Segment Asset 2646917000 2646917000
4 Segment Liabilities
Segment Liabilities
1 ENGINEERING DIVISION 211290000 211290000
2 FOOD DIVISION 25779000 25779000
Total Segment Liabilities 237069000 237069000
Un-allocable Liabilities 110586000 110586000
Net Segment Liabilities 347655000 347655000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) NOTES n



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement benefit of defined benefit plans -4137000 -8619000
2 Income tax expense on remeasurement benefit of defined benefit plans 1041000 2169000
3 Net fair value gain/(loss) on investments in equity instruments through OCI -4284000 -780000
4 Income tax expense on investments in equity instruments through OCI 613000 -374000
Total Amount of items that will not be reclassified to profit and loss -6767000 -7604000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -6767000 -7604000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 330074000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 5359000
Adjustments for decrease (increase) in inventories -77819000
Adjustments for decrease (increase) in trade receivables, current -76707000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -4369000
Adjustments for decrease (increase) in other non-current assets -137000
Adjustments for other financial assets, non-current -1901000
Adjustments for other financial assets, current -150000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 13589000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 33769000
Adjustments for increase (decrease) in other non-current liabilities -20000
Adjustments for depreciation and amortisation expense 38856000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -8933000
Adjustments for provisions, non-current 350000
Adjustments for other financial liabilities, current 126000
Adjustments for other financial liabilities, non-current 19000
Adjustments for unrealised foreign exchange losses gains -752000
Adjustments for dividend income 0
Adjustments for interest income 238000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -54534000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -10771000
Other adjustments to reconcile profit (loss) 2762000
Other adjustments for non-cash items -3000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -141504000
Net cash flows from (used in) operations 188570000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 76682000
Other inflows (outflows) of cash -1213000
Net cash flows from (used in) operating activities 110675000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 1838000
Purchase of property, plant and equipment 40118000
Proceeds from sales of investment property 244075000
Purchase of investment property 295000000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 224000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1153000
Net cash flows from (used in) investing activities -87828000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 64080000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -5359000
Net cash flows from (used in) financing activities -69439000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -46592000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 9000
Net increase (decrease) in cash and cash equivalents -46583000
Cash and cash equivalents cash flow statement at beginning of period 141005000
Cash and cash equivalents cash flow statement at end of period 94422000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 MAYANK SHAH & ASSOCIATES Yes 31-Jan-2028


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 MAZDA LIMITED Mr. Percy X Avari Whole-Time Director & member of Promoter Group Remuneration N.A. 7805000 6175000 8713000
2 MAZDA LIMITED Mrs. Shanaya Mody Khatua Whole-Time Director & Promoter Remuneration N.A. 14144000 6175000 8303000
3 MAZDA LIMITED Mr. Cyrus J Bhagwagar Chief Financial Officer Remuneration N.A. 2910000 0 32000
4 MAZDA LIMITED Mr. Nishith C Kayasth Company Secretary Remuneration N.A. 1252000 0 100000
5 MAZDA LIMITED Mr. Mohib N Khericha Non-Executive Director Any other transaction Sitting Fees N.A. 320000 0 0
6 MAZDA LIMITED Mr. Ashok Ruplal Kavdia Independent Director Any other transaction Sitting Fees N.A. 310000 0 0
7 MAZDA LIMITED Mr. Mihir Dinesh Mehta Independent Director Any other transaction Sitting Fees N.A. 305000 0 0
8 MAZDA LIMITED Mr. Samuel W Croll III Non-Executive Director Any other transaction Sitting Fees N.A. 0 0 0
9 MAZDA LIMITED Mrs. Houtoxi F Contractor Non-Executive Director Any other transaction Sitting Fees N.A. 75000 0 0
10 MAZDA LIMITED Mrs. Shetal Utkarsh Bhatt Independent Director Any other transaction Sitting Fees N.A. 315000 0 0
11 MAZDA LIMITED Mrs. Sheila S Mody Non-Executive Director & member of Promoter Group Any other transaction Sitting Fees N.A. 185000 0 0
12 MAZDA LIMITED Mrs. Sheila S Mody Non-Executive Director & member of Promoter Group Purchase of goods or services 10000000 N.A. 3252000 5000000 5000000
13 MAZDA LIMITED H T Engineers (Gujarat) Pvt Ltd Related Party to KMP Purchase of goods or services 70000000 N.A. 25035000 3288000 7146000
Total value of transaction during the reporting period 55908000