Master Gold Private Limited

Master Gold Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74110MH1998PTC114488 Incorporated 16 April 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME · Micro
Data last updated
Revenue · FY 2024
₹1.11 Cr
▼ 22% YoY
Net profit · FY 2024
₹1.7 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹40.34 Lakh
EBITDA margin 36.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99.99 Lakh
Issued & subscribed
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Master Gold Private Limited

Data last updated:

Master Gold Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 16 April 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1998PTC114488. Its GSTIN is 27AABCM1166D1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.99 Lakh. It is led by directors Purnima Ashok Kothari and Ashok Sardarmal Kothari.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 404/4th Narayan Udyog Bhavanlalbaug Industrial Estate Lalbaug, Mumbai, Maharashtra, India – 400012.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.11 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Lakh (net margin 1.5%) and EBITDA of ₹40.34 Lakh (EBITDA margin 36.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 69% over five years.

Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 4 cases are pending.

Master Gold Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0070050). The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U74110MH1998PTC114488
Registration Number 114488
Incorporation Date 16 April 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0070050

CIN history

Master Gold has one previous CIN (Corporate Identification Number): U36911MH1998PTC114488. The current CIN is U74110MH1998PTC114488, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110MH1998PTC114488Current
U36911MH1998PTC114488Previous

Recognitions & Rankings of Master Gold

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0070050

Contact details

Master Gold Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    404/4th Narayan Udyog Bhavanlalbaug Industrial Estate Lalbaug, Mumbai, Maharashtra, India – 400012
  • Industry
    Consumer Goods, Jewelry & Gemstone Retail & Distribution

To see the full contact details of Master Gold Private Limited, buy the company report.

Comprehensive company report
Master Gold Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Master Gold is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Master Gold Private Limited, buy the company report.

Financials of Master Gold Private Limited

FY 2025 filings available

Master Gold Private Limited reported revenue of ₹1.11 Cr (down 22% YoY) for FY 2024.

Revenue · FY 2024
₹1.11 Cr ▼ 22%
Net profit · FY 2024
₹1.7 Lakh margin 1.5%
EBITDA · FY 2024
₹40.34 Lakh margin 36.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 8%
5 years · compounded
▲ 69%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 21%
5 years · compounded
▲ 27%

Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA rose 2% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹40.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.7 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin36.4%
Net Profit Margin1.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Master Gold Private Limited, buy the company report.

Board of directors of Master Gold Private Limited

Master Gold has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Purnima Ashok KothariDirector16 Apr 199828 Years 6 MonthsCurrent
Ashok Sardarmal KothariDirector16 Apr 199828 Years 6 MonthsCurrent

Auditor

Master Gold Private Limited is audited by JAIN KISHOR & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
JAIN KISHOR & COFY 2020103921W

Shareholding

The shareholding of Master Gold Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Master Gold Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Master Gold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Master Gold has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCM1166D1ZUMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Master Gold Private Limited, buy the company report.

Recent activity

Master Gold Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Ashok Sardarmal Kothari was appointed as Director on 16 Apr 1998.

AGM
Master Gold Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Master Gold Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Ashok Sardarmal Kothari was appointed as Director.
Appointed
Purnima Ashok Kothari was appointed as Director.
Incorporation
16 Apr 1998
Master Gold Private Limited was registered on 16 Apr 1998 with Roc Mumbai I & aged 28 years 6 months as per MCA records.

Frequently asked questions

Master Gold is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 16 April 1998 (28+ years old) and is registered under CIN U74110MH1998PTC114488.

Master Gold has 2 current directors:

The latest financial statements of Master Gold on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Master Gold is 27AABCM1166D1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Master Gold is U74110MH1998PTC114488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Master Gold has 11 court cases on record: 9 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.

Master Gold was incorporated on 16 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Ashok Sardarmal Kothari was appointed as Director on 16 Apr 1998. Purnima Ashok Kothari was appointed as Director on 16 Apr 1998.

Yes, Master Gold is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0070050).

The registered office of Master Gold is at 4044th Narayan Udyog Bhavanlalbaug Industrial Estate Lalbaug, Mumbai, Maharashtra, India – 400012.