- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0009804

About Maestros Electronics & Telecommunications Systems Limited
Data last updated:
Maestros Electronics & Telecommunications Systems Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 19 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74900MH2010PLC200254. Its GSTIN is 27AAHCM4999E1ZZ (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 538401.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.51 Cr. It is led by directors including Balkrishna Kamalakar Tendulkar (Managing Director) and Sujay Manohar Kulkarni.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. El/66 Ttc Industrial Area Electronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400701.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹39.43 Cr, a growth of 36.5% compared to the previous year. For the same year it recorded a net profit of ₹7.57 Cr (net margin 19.2%) and EBITDA of ₹7.2 Cr (EBITDA margin 18.3%). The net worth stands at ₹42.16 Cr (up 20.9% YoY). Total assets are valued at ₹51.3 Cr (up 11.8% YoY).
The company has about 81 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maestros Electronics. As per MCA filings, the company has open charges of ₹8.9 Cr and satisfied charges of ₹5.03 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending. The company has 18 deals on record (17 market trades, 1 secondary share transfer); the latest was in November 2024. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 183 overdue payments to 26 micro and small suppliers.
Maestros Electronics & Telecommunications Systems Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0009804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maestroselectronics.com.
Company details
CIN history
Maestros Electronics & Telecommunications Systems has one previous CIN (Corporate Identification Number): U74900MH2010PLC200254. The current CIN is L74900MH2010PLC200254, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74900MH2010PLC200254 | Current |
| U74900MH2010PLC200254 | Previous |
Recognitions & Rankings of Maestros Electronics & Telecommunications Systems
Contact details
Maestros Electronics & Telecommunications Systems Limited's registered office is in Navi Mumbai, Maharashtra. Its website is maestroselectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. El/66 Ttc Industrial Area Electronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400701
- IndustryHealthcare, Medical & Laboratory Equipment, HealthTech & Medical Tech Solutions
To see the full contact details of Maestros Electronics & Telecommunications Systems 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
Brands
Maestros Electronics & Telecommunications Systems operates one associated brand: Maestros Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Remote monitoring hardware for telemedicine is provided. | maestroselectronics.com |
Business activity
The main business activity of Maestros Electronics & Telecommunications Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Maestros Electronics & Telecommunications Systems Limited, buy the company report.
Financials of Maestros Electronics & Telecommunications Systems Limited
FY 2025-26 filings availableMaestros Electronics & Telecommunications Systems Limited reported revenue of ₹39.43 Cr (up 36.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 39.43 | 28.89 | 33.29 |
| Revenue growth | +36.5% | -13.2% | - |
| EBITDA | 7.20 | 4.10 | 5.91 |
| EBITDA margin | +18.3% | +14.2% | +17.8% |
| Profit before tax | 9.02 | 5.69 | 6.90 |
| Net profit | 7.57 | 4.39 | 4.93 |
| Net profit margin | +19.2% | +15.2% | +14.8% |
| EPS (₹) | 13.17 | 7.94 | 8.96 |
| Balance sheet | |||
| Total assets | 51.30 | 45.89 | 36.41 |
| Net worth | 42.16 | 34.87 | 30.53 |
| Total debt | 1.62 | 3.60 | 5.35 |
| Cash & bank | 34.57 | 33.34 | 23.02 |
| Net working capital | 35.18 | 31.73 | 25.05 |
| Cash flow | |||
| Cash from operations | 1.75 | 5.63 | 7.25 |
| Cash from investing | (0.83) | (5.24) | (7.02) |
| Cash from financing | (0.77) | (0.39) | (0.24) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.09 | 11.92 | 11.17 | 5.91 | 10.43 | 7.88 | 5.01 | 7.33 |
| Revenue growth (YoY) | -3.3% | +51.3% | +123.0% | -19.4% | +19.9% | - | - | - |
| Other income | 0.52 | 0.90 | 0.50 | 0.77 | 0.53 | 0.74 | 0.65 | 0.56 |
| EBITDA | 1.88 | 2.23 | 2.82 | 0.39 | 1.76 | 0.52 | 0.52 | 1.01 |
| EBITDA margin | +18.6% | +18.7% | +25.2% | +6.6% | +16.9% | +6.6% | +10.4% | +13.8% |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.08 | 0.10 | 0.10 |
| Interest | 0.09 | 0.01 | 0.14 | 0.13 | 0.11 | 0.06 | 0.07 | 0.11 |
| Profit before tax | 2.19 | 3.00 | 3.06 | 0.91 | 2.06 | 1.12 | 1.00 | 1.36 |
| Tax | 0.51 | 0.64 | 0.33 | 0.25 | 0.52 | 0.25 | 0.27 | 0.34 |
| Net profit | 1.68 | 2.36 | 2.73 | 0.66 | 1.54 | 0.87 | 0.73 | 1.02 |
| EPS (₹) | 3.04 | 4.26 | 4.93 | 1.19 | 2.78 | 1.56 | 1.32 | 1.83 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 39.17 | 28.89 | 33.29 | 24.60 | 11.15 | 47.55 | 13.54 |
| Revenue growth | +35.6% | -13.2% | +35.3% | +120.6% | -76.6% | +251.2% | - |
| EBITDA | 7.09 | 4.12 | 5.91 | 3.63 | 1.03 | 8.50 | 1.61 |
| EBITDA margin | +18.1% | +14.3% | +17.8% | +14.8% | +9.2% | +17.9% | +11.9% |
| Profit before tax | 8.84 | 5.70 | 6.90 | 4.01 | 1.70 | 7.73 | 0.53 |
| Net profit | 7.44 | 4.40 | 4.93 | 2.93 | 1.29 | 5.65 | 0.36 |
| Net profit margin | +19.0% | +15.2% | +14.8% | +11.9% | +11.6% | +11.9% | +2.7% |
| EPS (₹) | 12.93 | 7.95 | 8.96 | 5.41 | 2.27 | 10.24 | 0.66 |
| Balance sheet | |||||||
| Total assets | 51.18 | 45.90 | 36.41 | 30.92 | 25.13 | 24.16 | 24.06 |
| Net worth | 42.04 | 34.88 | 30.53 | 25.57 | 22.56 | 21.59 | 15.36 |
| Total debt | 1.62 | 3.60 | 5.35 | 4.79 | 2.10 | 2.10 | 8.23 |
| Cash & bank | 33.34 | 32.27 | 23.02 | 18.18 | 24.53 | 32.84 | 7.69 |
| Net working capital | 34.05 | 30.74 | 25.05 | 23.05 | 17.79 | 16.82 | 16.39 |
| Cash flow | |||||||
| Cash from operations | 1.66 | 5.63 | 7.25 | (5.76) | (8.47) | 27.69 | (3.55) |
| Cash from investing | (0.89) | (5.24) | (7.02) | 3.55 | 0.91 | 1.95 | 1.99 |
| Cash from financing | (0.77) | (0.39) | (0.24) | 1.65 | (0.74) | (4.50) | 2.09 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.66 | 11.70 | 11.15 | 5.89 | 10.43 | 7.85 | 5.01 | 7.33 |
| Revenue growth (YoY) | -7.4% | +49.0% | +122.6% | -19.7% | +19.9% | - | - | - |
| Other income | 0.51 | 0.88 | 0.48 | 0.75 | 0.51 | 0.73 | 0.65 | 0.56 |
| Total expenses | 7.97 | 9.57 | 8.33 | 5.50 | 8.67 | 7.34 | 4.46 | 6.32 |
| EBITDA | 1.69 | 2.13 | 2.82 | 0.39 | 1.76 | 0.51 | 0.55 | 1.01 |
| EBITDA margin | +17.5% | +18.2% | +25.3% | +6.6% | +16.9% | +6.5% | +11.0% | +13.8% |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.08 | 0.10 | 0.10 |
| Interest | 0.09 | 0.01 | 0.14 | 0.13 | 0.11 | 0.06 | 0.07 | 0.11 |
| Profit before tax | 1.99 | 2.88 | 3.04 | 0.89 | 2.04 | 1.10 | 1.03 | 1.36 |
| Tax | 0.46 | 0.62 | 0.33 | 0.25 | 0.52 | 0.25 | 0.28 | 0.34 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.09 | 11.92 | 11.17 | 5.91 | 10.43 | 7.88 | 5.01 | 7.33 |
| Revenue growth (YoY) | -3.3% | +51.3% | +123.0% | -19.4% | +19.9% | - | - | - |
| Other income | 0.52 | 0.90 | 0.50 | 0.77 | 0.53 | 0.74 | 0.65 | 0.56 |
| EBITDA | 1.88 | 2.23 | 2.82 | 0.39 | 1.76 | 0.52 | 0.52 | 1.01 |
| EBITDA margin | +18.6% | +18.7% | +25.2% | +6.6% | +16.9% | +6.6% | +10.4% | +13.8% |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.08 | 0.10 | 0.10 |
| Interest | 0.09 | 0.01 | 0.14 | 0.13 | 0.11 | 0.06 | 0.07 | 0.11 |
| Profit before tax | 2.19 | 3.00 | 3.06 | 0.91 | 2.06 | 1.12 | 1.00 | 1.36 |
| Tax | 0.51 | 0.64 | 0.33 | 0.25 | 0.52 | 0.25 | 0.27 | 0.34 |
| Net profit | 1.68 | 2.36 | 2.73 | 0.66 | 1.54 | 0.87 | 0.73 | 1.02 |
| EPS (₹) | 3.04 | 4.26 | 4.93 | 1.19 | 2.78 | 1.56 | 1.32 | 1.83 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 39.43 | 28.89 | 33.29 |
| Revenue growth | +36.5% | -13.2% | - |
| Other income | 2.69 | 2.46 | 2.24 |
| Total expenses | 32.23 | 24.79 | 27.38 |
| Employee cost | 0.00 | 4.42 | 4.39 |
| EBITDA | 7.20 | 4.10 | 5.91 |
| EBITDA margin | +18.3% | +14.2% | +17.8% |
| Depreciation | 0.48 | 0.39 | 0.45 |
| Interest | 0.39 | 0.48 | 0.80 |
| Profit before tax | 9.02 | 5.69 | 6.90 |
| Tax | 1.76 | 1.32 | 1.97 |
| Net profit | 7.57 | 4.39 | 4.93 |
| Net profit margin | +19.2% | +15.2% | +14.8% |
| EPS (₹) | 13.17 | 7.94 | 8.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 5.51 | 5.51 | 5.51 |
| Reserves & surplus | 36.65 | 29.36 | 25.02 |
| Shareholders' funds (net worth) | 42.16 | 34.87 | 30.53 |
| Minority interest | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1.62 | 3.60 | 5.35 |
| Total debt | 1.62 | 3.60 | 5.35 |
| Total liabilities | 51.30 | 45.89 | 36.41 |
| Assets | |||
| Gross block | 13.25 | 12.59 | 11.46 |
| Net block | 9.22 | 9.00 | 8.21 |
| Capital work in progress | 7.06 | 5.59 | 3.71 |
| Investments | 0.00 | 0.00 | 0.00 |
| Inventories | 4.15 | 6.03 | 5.53 |
| Sundry debtors | 8.15 | 3.51 | 15.72 |
| Cash & bank balances | 34.57 | 33.34 | 23.02 |
| Loans & advances | 1.10 | 1.18 | 0.78 |
| Total current assets | 47.97 | 44.06 | 45.05 |
| Total current liabilities | 12.79 | 12.33 | 20.00 |
| Net working capital | 35.18 | 31.73 | 25.05 |
| Total assets | 51.30 | 45.89 | 36.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 0.13 | 0.02 | 0.02 |
| Net cash from operating activities | 1.75 | 5.63 | 7.25 |
| Net cash from investing activities | (0.83) | (5.24) | (7.02) |
| Net cash from financing activities | (0.77) | (0.39) | (0.24) |
| Net change in cash | 0.16 | 0.00 | (0.01) |
| Closing cash | 0.29 | 33.34 | 23.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +36.5% | -13.2% | - |
| EBITDA growth | +75.6% | -30.6% | - |
| PBT growth | +58.5% | -17.5% | +9997.0% |
| Net income growth | +72.4% | -11.0% | - |
| Profitability & leverage | |||
| Net income margin | +18.4% | +15.1% | +14.8% |
| Return on capital employed | - | +15.0% | +21.2% |
| Return on net worth | - | +13.4% | +16.2% |
| Debt / equity | - | 0.14 | 0.18 |
| Long-term debt / equity | - | 0.00 | 0.00 |
| Interest cover | 5.80 | 12.94 | 14.65 |
| Efficiency & per share | |||
| Fixed asset turnover | - | 2.40 | 2.90 |
| Inventory turnover | - | 5.00 | 6.02 |
| Debtors turnover | - | 3.00 | 2.12 |
| EPS (₹) | 13.17 | 7.94 | 8.96 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 63.29 | 55.40 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.66 | 11.70 | 11.15 | 5.89 | 10.43 | 7.85 | 5.01 | 7.33 |
| Revenue growth (YoY) | -7.4% | +49.0% | +122.6% | -19.7% | +19.9% | - | - | - |
| Other income | 0.51 | 0.88 | 0.48 | 0.75 | 0.51 | 0.73 | 0.65 | 0.56 |
| Total expenses | 7.97 | 9.57 | 8.33 | 5.50 | 8.67 | 7.34 | 4.46 | 6.32 |
| EBITDA | 1.69 | 2.13 | 2.82 | 0.39 | 1.76 | 0.51 | 0.55 | 1.01 |
| EBITDA margin | +17.5% | +18.2% | +25.3% | +6.6% | +16.9% | +6.5% | +11.0% | +13.8% |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.08 | 0.10 | 0.10 |
| Interest | 0.09 | 0.01 | 0.14 | 0.13 | 0.11 | 0.06 | 0.07 | 0.11 |
| Profit before tax | 1.99 | 2.88 | 3.04 | 0.89 | 2.04 | 1.10 | 1.03 | 1.36 |
| Tax | 0.46 | 0.62 | 0.33 | 0.25 | 0.52 | 0.25 | 0.28 | 0.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 39.17 | 28.89 | 33.29 | 24.60 | 11.15 | 47.55 | 13.54 |
| Revenue growth | +35.6% | -13.2% | +35.3% | +120.6% | -76.6% | +251.2% | - |
| Other income | 2.62 | 2.45 | 2.24 | 1.29 | 1.50 | 0.96 | 0.47 |
| Total expenses | 32.08 | 24.77 | 27.38 | 20.97 | 10.12 | 39.05 | 11.93 |
| Employee cost | 0.00 | 4.42 | 4.39 | 3.94 | 3.62 | 3.14 | 3.40 |
| EBITDA | 7.09 | 4.12 | 5.91 | 3.63 | 1.03 | 8.50 | 1.61 |
| EBITDA margin | +18.1% | +14.3% | +17.8% | +14.8% | +9.2% | +17.9% | +11.9% |
| Depreciation | 0.48 | 0.39 | 0.45 | 0.39 | 0.37 | 0.36 | 0.45 |
| Interest | 0.39 | 0.48 | 0.80 | 0.52 | 0.46 | 1.37 | 1.10 |
| Profit before tax | 8.84 | 5.70 | 6.90 | 4.01 | 1.70 | 7.73 | 0.53 |
| Tax | 1.72 | 1.32 | 1.97 | 1.04 | 0.43 | 2.08 | 0.17 |
| Net profit | 7.44 | 4.40 | 4.93 | 2.93 | 1.29 | 5.65 | 0.36 |
| Net profit margin | +19.0% | +15.2% | +14.8% | +11.9% | +11.6% | +11.9% | +2.7% |
| EPS (₹) | 12.93 | 7.95 | 8.96 | 5.41 | 2.27 | 10.24 | 0.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.24 |
| Reserves & surplus | 36.53 | 29.37 | 25.02 | 20.06 | 17.05 | 16.08 | 9.94 |
| Shareholders' funds (net worth) | 42.04 | 34.88 | 30.53 | 25.57 | 22.56 | 21.59 | 15.36 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.85 |
| Unsecured loans | 1.62 | 3.60 | 5.35 | 4.79 | 2.10 | 2.10 | 4.38 |
| Total debt | 1.62 | 3.60 | 5.35 | 4.79 | 2.10 | 2.10 | 8.23 |
| Total liabilities | 51.18 | 45.90 | 36.41 | 30.92 | 25.13 | 24.16 | 24.06 |
| Assets | |||||||
| Gross block | 13.25 | 12.59 | 11.46 | 11.42 | 10.43 | 10.05 | 9.97 |
| Net block | 9.22 | 9.00 | 8.21 | 8.46 | 7.86 | 7.89 | 8.01 |
| Capital work in progress | 7.06 | 5.59 | 3.71 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 4.14 | 6.03 | 5.53 | 2.67 | 4.79 | 2.71 | 19.08 |
| Sundry debtors | 8.07 | 3.51 | 15.72 | 10.05 | 11.75 | 12.31 | 3.09 |
| Cash & bank balances | 33.34 | 32.27 | 23.02 | 18.18 | 24.53 | 32.84 | 7.69 |
| Loans & advances | 1.07 | 1.18 | 0.78 | 2.72 | 4.84 | 2.08 | 2.22 |
| Total current assets | 46.62 | 42.99 | 45.05 | 33.62 | 45.91 | 49.94 | 32.08 |
| Total current liabilities | 12.57 | 12.25 | 20.00 | 10.57 | 28.12 | 33.12 | 15.69 |
| Net working capital | 34.05 | 30.74 | 25.05 | 23.05 | 17.79 | 16.82 | 16.39 |
| Total assets | 51.18 | 45.90 | 36.41 | 30.92 | 25.13 | 24.16 | 24.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.02 | 0.02 | 0.02 | 0.58 | 32.84 | 7.69 | 7.16 |
| Net cash from operating activities | 1.66 | 5.63 | 7.25 | (5.76) | (8.47) | 27.69 | (3.55) |
| Net cash from investing activities | (0.89) | (5.24) | (7.02) | 3.55 | 0.91 | 1.95 | 1.99 |
| Net cash from financing activities | (0.77) | (0.39) | (0.24) | 1.65 | (0.74) | (4.50) | 2.09 |
| Net change in cash | 0.00 | 0.00 | (0.01) | (0.56) | (8.30) | 25.15 | 0.53 |
| Closing cash | 0.02 | 32.27 | 23.02 | 18.18 | 24.53 | 32.84 | 7.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +35.6% | -13.2% | +35.3% | +120.6% | -76.6% | +251.2% | - |
| EBITDA growth | +72.1% | -30.3% | +62.8% | +252.4% | -87.9% | +428.0% | - |
| PBT growth | +55.1% | -17.4% | +72.1% | +135.9% | -78.0% | +1358.5% | +12.8% |
| Net income growth | +69.1% | -10.8% | +68.3% | +127.1% | -77.2% | +1469.4% | - |
| Revenue CAGR (3Y) | +16.8% | +37.4% | -11.2% | +22.0% | +5.4% | +72.8% | +1.7% |
| EBITDA CAGR (3Y) | +25.0% | +58.7% | -11.4% | +31.1% | +16.0% | - | +2.9% |
| Profitability & leverage | |||||||
| Net income margin | +18.2% | +15.2% | +14.8% | +12.1% | +11.4% | +11.9% | +2.7% |
| Return on capital employed | - | +15.0% | +22.9% | +16.2% | +8.7% | +37.7% | +7.8% |
| Return on net worth | - | +13.4% | +17.6% | +12.4% | +5.7% | +30.5% | +2.4% |
| Debt / equity | - | 0.14 | 0.18 | 0.14 | 0.10 | 0.28 | 0.36 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.01 | 0.11 | 0.14 |
| Interest cover | 5.90 | 12.87 | 14.65 | 16.05 | 69.70 | 16.83 | 94.83 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.40 | 2.93 | 2.27 | 1.09 | 4.75 | 1.37 |
| Inventory turnover | - | 5.00 | 8.12 | 6.60 | 2.97 | 4.36 | 1.25 |
| Debtors turnover | - | 3.00 | 2.58 | 2.26 | 0.93 | 6.18 | 4.60 |
| EPS (₹) | 12.93 | 7.95 | 8.96 | 5.41 | 2.27 | 10.24 | 0.66 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 63.30 | 55.40 | 46.41 | 40.94 | 39.18 | 28.96 |
To see the full year-wise statements and ratios of Maestros Electronics & Telecommunications Systems Limited, buy the company report.
Board of directors of Maestros Electronics & Telecommunications Systems Limited
Maestros Electronics & Telecommunications Systems has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balkrishna Kamalakar Tendulkar Also directs: Carebridge Technologies India Private Limited | Managing Director | 19 Feb 2010 | 16 Years 8 Months | Current |
| Sujay Manohar Kulkarni | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Narendra Prabhakar Mahajani Also directs: Greenback Consultants and Advisors LLP, Quantsoft Solutions LLP, Green Back Commodities LLP and 3 more | Director | 07 Dec 2021 | 4 Years 10 Months | Current |
| Prakash Vithal Page Also directs: Tattvasilicon Moralsemi Private Limited | Director | 05 Feb 2022 | 4 Years 8 Months | Current |
| Sudhir Madhukar Bapat | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Swati Manis Thanawala | Director | 28 Mar 2024 | 2 Years 6 Months | Current |
Auditor
Maestros Electronics & Telecommunications Systems Limited is audited by DMKH & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DMKH & Co. | FY 2023 | 116886W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 60.20%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 39.60%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 60.20% | 60.20% | 60.20% | 55.70% |
| Public | 39.80% | 39.80% | 39.80% | 44.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2022 | 100560469 | Others | ₹1 Cr | Open | |
| 09 Oct 2019 | 100294658 | Hdfc Bank Limited | ₹7.9 Cr | Open | |
| 18 Feb 2017 | 100088452 | Dena Bank | ₹40 Lakh | Satisfied | |
| 01 Mar 2014 | 10485108 | Dena Bank | ₹4.63 Cr | Satisfied |
To see the full charge records of Maestros Electronics & Telecommunications Systems Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Maestros Electronics & Telecommunications Systems Limited has 18 deals on record (17 market trades, 1 secondary share transfer); the latest was in November 2024.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Market trade | ₹34.9 Lakh | Buyer: Evermore Share Broking Private Limited Seller: Evermore Share Broking Private Limited |
| Oct 2018 | Market trade | ₹22.8 Lakh | Buyer: Alchemy Urbanventures Private Limited Seller: Rajasthan Global Securities Private Limited |
| Sep 2018 | Market trade | ₹9 Lakh | Seller: Rajasthan Global Securities Private Limited |
| Mar 2016 | Market trade | ₹13.9 Lakh | Buyer: Rajasthan Global Securities Private Limited |
| Mar 2016 | Market trade | ₹26 Lakh | Buyer: Rajasthan Global Securities Private Limited |
To see the full deal history of Maestros Electronics & Telecommunications Systems Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maestros Electronics & Telecommunications Systems Limited has 7 court cases on record: 3 filed by Maestros Electronics & Telecommunications Systems, 4 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Digitech Electronics Systems Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Digitech Electronics Systems Pvt. Ltd. | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Maestros Electronics & Telecommunications Systems Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Maestros Electronics & Telecommunications Systems Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 183 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nusummit Cybersecurity Limited | |||
| an individual supplier | |||
| JD Couriers and Cargo Private Limited | |||
| Cann Copier Services Private Limited | |||
| Hicotronics Devices Private Limited |
To see the full MSME payment records of Maestros Electronics & Telecommunications Systems Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Maestros Electronics & Telecommunications Systems Limited has a workforce of 81 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Maestros Electronics & Telecommunications Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM4999E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maestros Electronics & Telecommunications Systems Limited, buy the company report.
Recent activity
Maestros Electronics & Telecommunications Systems Limited has 17 board changes on record since 2010: 12 appointments and 5 cessations. The latest: Sudhir Madhukar Bapat was appointed as Director on 23 Aug 2024.
16 earlier events are in the company report.
News
Frequently asked questions
Maestros Electronics & Telecommunications Systems is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 19 February 2010 (16+ years old) and is registered under CIN L74900MH2010PLC200254. Listed on BSE: 538401.
Maestros Electronics & Telecommunications Systems reported revenue of ₹39.43 Cr for FY 2025-26 (up 36.5% YoY) based on consolidated financials.
Maestros Electronics & Telecommunications Systems has 6 current directors:
- Balkrishna Kamalakar Tendulkar - Managing Director
- Sujay Manohar Kulkarni - Director
- Narendra Prabhakar Mahajani - Director
- Prakash Vithal Page - Director
- Sudhir Madhukar Bapat - Director
- Swati Manis Thanawala - Director
The latest financial statements of Maestros Electronics & Telecommunications Systems on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maestros Electronics & Telecommunications Systems is 27AAHCM4999E1ZZ, 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 Maestros Electronics & Telecommunications Systems is L74900MH2010PLC200254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Maestros Electronics & Telecommunications Systems is a listed company as per MCA records. Its shares are listed on BSE (code: 538401).
Maestros Electronics & Telecommunications Systems has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Maestros Electronics & Telecommunications Systems was incorporated on 19 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Maestros Electronics & Telecommunications Systems has 18 deals on record (17 market trades, 1 secondary share transfer); the latest was in November 2024.
Sudhir Madhukar Bapat was appointed as Director on 23 Aug 2024. Vasundhra Rajesh Atre ceased to be Director on 31 Mar 2024. Swati Manis Thanawala was appointed as Director on 28 Mar 2024. Maestros Electronics & Telecommunications Systems has 17 board changes on record in total.