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Trades about 55% below its sector, cheaper than its peers on earnings.
Established in 1990 and headquartered in Ahmedabad, India, Mazda Limited operates as a versatile engineering company, complemented by a Food Division. Its primary Engineering Division offers an extensive portfolio of specialized industrial equipment. This includes a comprehensive range of vacuum systems, such as steam jet boosters, various air, liquid, vapor, and gas jet ejectors, thermocompressors, and advanced combination vacuum systems integrating steam jet ejectors with either liquid ring or liquid jet vacuum pumps. The offerings further extend to steam and liquid jet liquid ejectors, steam jet liquid heaters and mixers, single/double-stage liquid ring vacuum pumps, and cutting-edge hotshot mechanical automatic pumps. Mazda Limited also fabricates diverse evaporator technologies, encompassing falling/rising film, forced circulation, and combination-type evaporators. Its product lineup includes OSLO crystallizers, pilot plants, agitated thin film dryers, and stripper systems. Additionally, the company provides chilling solutions, specifically vapor absorption machines (which also function as heat pumps) and chiller vector systems. A significant part of its engineering output comprises a full spectrum of heat transfer products. These solutions feature various condensing systems like steam surface, steam jet air ejector, gland vent, and dump condensers, along with feed water heaters, oil coolers, shell and tube heat exchangers, flash tanks, and pressure vessels. Furthermore, Mazda addresses environmental concerns by supplying air pollution control equipment, including jet venturi fume, high energy fume, and packed tower scrubbers. Beyond its engineering endeavors, the company also deals in food products through its dedicated Food Division. With a notable international footprint, Mazda exports its wide array of products to approximately 40 countries across the globe, including major markets in the United States and Europe. The company serves an extensive client base across numerous industrial sectors, such as chemicals and pesticides, pharmaceuticals, dyes and intermediates, edible oil refining, ethylene-glycol fluid production, fertilizers, petroleum refining, petrochemicals, power generation, steel manufacturing, and vegetable oil processing.
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