MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0051468
Mas Industries Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹427.09 Cr
▲ 28% YoY
Net profit · FY 2024
₹22.09 Cr
Net margin 5.2%
EBITDA · FY 2024
₹35.47 Cr
EBITDA margin 8.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹52.5 Lakh
Issued & subscribed
Open charges
₹44.91 Cr
Satisfied ₹10.37 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
238
Provident fund records
About Mas Industries Private Limited
Data last updated:
Mas Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 18 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31900MH2003PTC142266. Its GSTIN is 27AADCM7784K1ZT (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹52.5 Lakh. It is led by directors including Ammar Mohamed Aslam Mukadam and Mahmood Mazhar Kazi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹427.09 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹22.09 Cr (net margin 5.2%) and EBITDA of ₹35.47 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 40% over five years.
The company has about 238 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MAS Industries. As per MCA filings, the company has open charges of ₹44.91 Cr and satisfied charges of ₹10.37 Cr on record. Court records list 4 cases involving the company, including 4 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹33.69 Cr; the latest was in May 2024.
Mas Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0051468). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masind.net.
Company details
CIN U31900MH2003PTC142266
Registration Number 142266
Incorporation Date 18 September 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0051468
Key People
Ammar Mohamed Aslam Mukadam Director Mahmood Mazhar Kazi Director Mudassar Mukadam Mohd Aslam Director Recognitions & Rankings of Mas Industries
Contact details
Mas Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is masind.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 403 Jugal Jyoti Chs Ltd 176 Cst Road, Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Mas Industries Private Limited, buy the company report.
Comprehensive company report
Mas Industries 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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Brands
Mas Industries operates one associated brand: MAS Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevator components are manufactured and exported by MAS Industries. | masind.net |
Business activity
The main business activity of Mas Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mas Industries Private Limited, buy the company report.
Financials of Mas Industries Private Limited
FY 2024 filings availableMas Industries Private Limited reported revenue of ₹427.09 Cr (up 28% YoY) for FY 2024.
Revenue · FY 2024
₹427.09 Cr ▲ 28%
Net profit · FY 2024
₹22.09 Cr margin 5.2%
EBITDA · FY 2024
₹35.47 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 36%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 72%
3 years · compounded
▲ 30%
5 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 28% growth in the latest year. EBITDA rose 72% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹427.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.09 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 5.2% | ||||
| 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 Mas Industries Private Limited, buy the company report.
Board of directors of Mas Industries Private Limited
Mas Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ammar Mohamed Aslam Mukadam | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Mahmood Mazhar Kazi Also directs: M V Engg Technologies Private Limited, Kokan Rural Development Charitable Association, Hurdi Agro Farms Private Limited and 1 more | Director | 18 Sep 2003 | 23 Years 1 Months | Current |
| Mudassar Mukadam Mohd Aslam | Director | 18 Sep 2003 | 23 Years 1 Months | Current |
| Mohd Mukadam Aslam Abdul Gafoor | Director | 18 Sep 2003 | 23 Years 1 Months | Current |
Auditor
Mas Industries Private Limited is audited by P.N. Hathi & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.N. Hathi & Co | FY 2024 | 114526W |
Shareholding
The shareholding of Mas Industries 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 Mas Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44.91 Cr
Satisfied charges
₹10.37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2024 | 100896675 | Others | ₹15 Cr | Open | |
| 29 Jun 2019 | 100276781 | Others | ₹29.91 Cr | Open | |
| 06 Jul 2012 | 10370915 | Bombay Mercantile Co-Operative Bank Ltd. | ₹3.9 Cr | Satisfied | |
| 06 Jul 2012 | 10370916 | Bombay Mercantile Co-Operative Bank Ltd. | ₹3.77 Cr | Satisfied | |
| 09 Dec 2004 | 90141404 | Bombay Mercantile Co-Op Bank Limited | ₹1.6 Cr | Satisfied |
To see the full charge records of Mas Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Mas Industries Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹33.69 Cr; the latest was in May 2024.
Total deals
2
Funding rounds
2
Disclosed funding
₹33.69 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Funding round | ₹33.2 Cr | Investors: an individual |
| Mar 2006 | Funding round | ₹49 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mas Industries Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (C.S(COMM DIV)) | Filed against the company by Weco Elevator Private Limited | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by Weco Elevator Private Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Mas Industries Private 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
No delayed payments to MSME suppliers are on our record for Mas Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mas Industries Private Limited has a workforce of 238 employees on its EPFO records as of Jul 31, 2025, across 1 active EPFO establishment.
Employee count
238
Active EPFO establishments
1
Employee growth
35.23%
GST
Mas Industries has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
10
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM7784K1ZT | Maharashtra | Active | 01 Jul 2017 |
| 33AADCM7784K1Z0 | Tamil Nadu | Active | 19 Sep 2019 |
| 07AADCM7784K1ZV | Delhi | Active | 11 Apr 2021 |
| 19AADCM7784K1ZQ | West Bengal | Active | 13 May 2022 |
To see the full GST registrations and return filing status of Mas Industries Private Limited, buy the company report.
Recent activity
Mas Industries Private Limited has 7 board changes on record since 2003: 4 appointments and 3 cessations. The latest: Ammar Mohamed Aslam Mukadam ceased to be Additional Director on 30 Sep 2019.
Charges
A charge with Others of Rs. 29.91 Cr registered on 29 Jun 2019 with Charge ID 100276781 was modified on 28 Feb 2025.
AGM
Mas Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 15.00 Cr registered on 15 Mar 2024 with Charge ID 100896675 was modified on 04 Apr 2024.
Filing
Mas Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100896675 was registered on 15 Mar 2024.
Ceased
Ammar Mohamed Aslam Mukadam ceased to be Additional Director.
Ceased
Moosa Mahmood Kazi ceased to be Additional Director.
Charges
A charge registered on 06 Jul 2012 via Charge ID 10370916 with Bombay Mercantile Co-Operative Bank Ltd. was fully satisfied on 18 Sep 2019.
Charges
A charge registered on 06 Jul 2012 via Charge ID 10370915 with Bombay Mercantile Co-Operative Bank Ltd. was fully satisfied on 18 Sep 2019.
Charges
A charge registered on 09 Dec 2004 via Charge ID 90141404 with Bombay Mercantile Co-Op Bank Limited was fully satisfied on 18 Sep 2019.
Charges
A charge registered on 18 Oct 2004 via Charge ID 90145465 with Bombay Mercantile Coop Bank Limited was fully satisfied on 18 Sep 2019.
Charges
A charge registered on 18 Oct 2004 via Charge ID 90146764 with Bombay Mercantile Coop Bank Limited was fully satisfied on 18 Sep 2019.
17 earlier events are in the company report.
Frequently asked questions
Mas Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 18 September 2003 (23+ years old) and is registered under CIN U31900MH2003PTC142266.
Mas Industries has 4 current directors:
- Ammar Mohamed Aslam Mukadam - Director
- Mahmood Mazhar Kazi - Director
- Mudassar Mukadam Mohd Aslam - Director
- Mohd Mukadam Aslam Abdul Gafoor - Director
The latest financial statements of Mas Industries 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 Mas Industries is 27AADCM7784K1ZT, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 33AADCM7784K1Z0 (Tamil Nadu), 07AADCM7784K1ZV (Delhi), 19AADCM7784K1ZQ (West Bengal).
The CIN (Corporate Identification Number) of Mas Industries is U31900MH2003PTC142266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mas Industries has 4 court cases on record: 4 filed against it. Most are in the high courts.
Mas Industries was incorporated on 18 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Mas Industries has 2 deals on record (2 funding rounds), with disclosed funding of ₹33.69 Cr; the latest was in May 2024.
Ammar Mohamed Aslam Mukadam ceased to be Additional Director on 30 Sep 2019. Moosa Mahmood Kazi ceased to be Additional Director on 30 Sep 2019. Ammar Mohamed Aslam Mukadam was appointed as Director on 01 Apr 2019. Mas Industries has 7 board changes on record in total.
Yes, Mas Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0051468).