About Master Fireplaces Private Limited
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Master Fireplaces Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Danmah Corporation Pty Ltd. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31501GJ2014PTC079189. Its GSTIN is 07AAJCM1572B1ZQ (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.72 Cr and a paid-up capital of ₹4.72 Cr. It is led by directors including Mahathi Belnick and Nishant Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 – B 6th Floor B.D. Patel House Naranpura Road, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.59 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹25.27 Lakh (net margin 9.8%) and EBITDA of ₹37.76 Lakh (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masterfireplaces.in.
Company details
Contact details
Master Fireplaces Private Limited's registered office is in Ahmedabad, Gujarat. Its website is masterfireplaces.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6 – B 6th Floor B.D. Patel House Naranpura Road, Ahmedabad, Gujarat, India – 380014
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Master Fireplaces Private Limited, buy the company report.
- 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
Business activity
The main business activity of Master Fireplaces is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Master Fireplaces Private Limited, buy the company report.
Financials of Master Fireplaces Private Limited
FY 2024 filings availableMaster Fireplaces Private Limited reported revenue of ₹2.59 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 27% growth in the latest year. EBITDA rose 603% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.59 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹37.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.27 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 9.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Master Fireplaces Private Limited, buy the company report.
Board of directors of Master Fireplaces Private Limited
Master Fireplaces has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahathi Belnick | Director | 18 Mar 2014 | 12 Years 7 Months | Current |
| Nishant Sharma | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Daniel Saul Belnick | Director | 18 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Master Fireplaces Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| L N Enterprises Private Limited | ₹2.61 Cr (FY 2025) | 0.0% | Thane, Maharashtra, India | |||
| Smti Forge & Fitting Private Limited | ₹2.6 Cr (FY 2025) | -19.0% | Vadodara, Gujarat, India | |||
| Mekaster Engineering Services Private Limited | ₹2.59 Cr (FY 2020) | 166.0% | New Delhi, Delhi, India | |||
| Master Fireplaces Private Limitedthis company | ₹2.59 Cr (FY 2024) | ₹25.27 Lakh | 9.8% | 27.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Master Fireplaces Private Limited, buy the company report.
Auditor
Master Fireplaces Private Limited is audited by MNRD & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MNRD & Associates | FY 2024 | 126991W |
Shareholding
The shareholding of Master Fireplaces Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Master Fireplaces Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Master Fireplaces Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Master Fireplaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Master Fireplaces has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCM1572B1ZQ | Delhi | Active | 01 Jul 2017 |
| 33AAJCM1572B1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Master Fireplaces Private Limited, buy the company report.
Recent activity
Master Fireplaces Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Nishant Sharma ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Master Fireplaces is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 18 March 2014 (12+ years old) and is registered under CIN U31501GJ2014PTC079189.
Master Fireplaces has 3 current directors:
- Mahathi Belnick - Director
- Nishant Sharma - Director
- Daniel Saul Belnick - Director
The latest financial statements of Master Fireplaces on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Master Fireplaces is 07AAJCM1572B1ZQ, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCM1572B1ZV (Tamil Nadu).
The CIN (Corporate Identification Number) of Master Fireplaces is U31501GJ2014PTC079189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Fireplaces was incorporated on 18 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Master Fireplaces by revenue are L N Enterprises Private Limited, Smti Forge & Fitting Private Limited, Mekaster Engineering Services Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Nishant Sharma ceased to be Additional Director on 31 Dec 2020. Nishant Sharma was appointed as Director on 01 Aug 2019. Daniel Saul Belnick was appointed as Director on 18 Mar 2014. Master Fireplaces has 4 board changes on record in total.
Master Fireplaces can be reached through the website masterfireplaces.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Master Fireplaces is at 6 – B 6th Floor B.D. Patel House Naranpura Road, Ahmedabad, Gujarat, India – 380014.
Master Fireplaces operates in the machinery and equipment industry, in the industrial products retail and distribution segment.
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