About Mas Services Ltd
Data last updated:
Mas Services Ltd is a public limited company based in New Delhi, Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 November 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1973PLC006950. Its GSTIN is 07AAACM1642B1Z4 (Delhi).
The company has an authorised share capital of ₹1.02 Cr and a paid-up capital of ₹37.6 Lakh. It was formerly known as Mas Services Pvt Ltd. It is led by directors including Parantap P Dave and Rachit Kinger.
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 T – 34 2nd Floor Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.52 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Cr (net margin 44.2%) and EBITDA of ₹5.89 Cr (EBITDA margin 61.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mas Services. As per MCA filings, the company has open charges of ₹73.2 Lakh on record. Court records list 89 cases involving the company, including 6 filed by the company and 7 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masserv.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressT – 34 2nd Floor Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Mas Services Ltd
The main business activity of Mas Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mas Services Ltd FY 2025 filings available
Mas Services Ltd reported revenue of ₹9.52 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mas Services Ltd
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 20% growth in the latest year. EBITDA rose 20% 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 of Mas Services Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.21 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 of Mas Services Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 44.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mas Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mas Services Ltd
Mas Services Ltd is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tie Consultech Private Limited | ₹9.53 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Impel Holdings Private Limited | ₹9.53 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Telangana, India |
| Transjet Cargo Private Limited | ₹9.53 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Jalandhar, Punjab, India |
| Caelestis Trading & Industries Private Limited | ₹9.52 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Mumbai, Maharashtra, India |
| Pave Tech Consulting Engineering Services Private Limited | ₹9.52 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Pune, Maharashtra, India |
| Mas Services Ltd this company | ₹9.52 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Francorp Advisors Private Limited | ₹9.52 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Valuebound Consulting Services Private Limited | ₹9.5 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Avantika Associate Private Limited | ₹9.5 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Enea Software Private Limited | ₹9.5 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Pune, Maharashtra, India |
| Samben Pharma Private Limited | ₹9.49 Cr (FY 2025) | •••• | •••• | 189.0% | •••• | Allahabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mas Services by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mas Services Ltd
Mas Services Ltd is audited by STRG & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| STRG & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mas Services Ltd
Mas Services has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parantap P Dave | Director | 30 Oct 2007 | 18 Years 11 Months | Current |
| Rachit Kinger | Director | 27 Sep 2023 | 3 Years 0 Months | Current |
| Narender Kumar Rastogi Also directs: Mas One Window Solutions LLP | Director | 14 Apr 2000 | 26 Years 5 Months | Current |
| Ashok Tyagi Also directs: Bharti Hexacom Limited, Bharti Hexacom Limited, Adhishthaan Housing Private Limited and 1 more | Director | 14 Feb 2019 | 7 Years 7 Months | Current |
Ownership and Shareholding of Mas Services Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mas Services Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2024 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 18 May 2024 | Others | ₹7.2 Lakh | Open |
| 03 Jun 2022 | Hdfc Bank Limited | ₹6 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Mas Services Ltd
Mas Services Ltd has 89 court cases on record: 6 filed by Mas Services, 7 filed against it, 76 where it is another party. 9 cases are pending and 80 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 48 | 1 | 0 |
| District courts | 40 | 6 | 9 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 89)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Petition | Company is another party | Pending |
| District court, South West, Delhi | Court case (Succ. Court) | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, Mahabubnagar, Telangana | Court case (S.O.P) | Company is another party | Pending |
| District court, South, Delhi | Court case (Succ. Court) | Company is another party | Pending |
Full case history
All 89 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Mas Services Ltd
Mas Services operates one associated brand: MAS SERVICES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services including securities registration and investor support in India. | masserv.com |
Employees and EPFO Compliance at Mas Services Ltd
Mas Services Ltd has a workforce of 14 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Mas Services Ltd
Mas Services has one previous CIN (Corporate Identification Number): U74899DL1973PTC006950. The current CIN is U74899DL1973PLC006950, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1973PLC006950 | Current |
| U74899DL1973PTC006950 | Previous |
Recent Activity on Mas Services Ltd
Mas Services Ltd has 12 board changes on record since 2000: 4 appointments and 8 cessations. The latest: Rachit Kinger ceased to be Additional Director on 29 Sep 2023.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mas Services Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mas Services Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mas Services Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mas Services Ltd
Mas Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM1642B1Z4 | Delhi | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mas Services Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mas Services Ltd
Mas Services is an active public limited company based in New Delhi, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 November 1973 (53+ years old) and is registered under CIN U74899DL1973PLC006950.
Mas Services reported revenue of ₹9.52 Cr for FY 2025 (up 20% YoY).
Mas Services has 4 current directors:
- Parantap P Dave - Director
- Rachit Kinger - Director
- Narender Kumar Rastogi - Director
- Ashok Tyagi - Director
Mas Services reported a net profit of ₹4.21 Cr (net margin 44.2%) and EBITDA of ₹5.89 Cr (EBITDA margin 61.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mas Services is 26% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mas Services is 07AAACM1642B1Z4, registered in Delhi.
The CIN (Corporate Identification Number) of Mas Services is U74899DL1973PLC006950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mas Services has 89 court cases on record: 6 filed by the company and 7 filed against it. 9 are pending. Most are in the high courts.
Mas Services was incorporated on 23 November 1973, making it 53+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mas Services by revenue are Tie Consultech Private Limited, Impel Holdings Private Limited, Transjet Cargo Private Limited, Caelestis Trading & Industries Private Limited, Pave Tech Consulting Engineering Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Rachit Kinger ceased to be Additional Director on 29 Sep 2023. Rachit Kinger was appointed as Director on 27 Sep 2023. Manish Kumar ceased to be Company Secretary on 16 Dec 2021. Mas Services has 12 board changes on record in total.