MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0056028
Mas Systech Private Limited - machinery and equipment in Khed, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.46 Cr
▲ 42% YoY
Net profit · FY 2025
₹1.51 Cr
Net margin 7.4%
EBITDA · FY 2025
₹2.58 Cr
EBITDA margin 12.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹10.12 Cr
Satisfied ₹2.27 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
37
Provident fund records
About Mas Systech Private Limited
Data last updated:
Mas Systech Private Limited is a private limited company based in Khed, Maharashtra, India. It operates in the packaging machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 24 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29296PN2014PTC150324. Its GSTIN is 27AAJCM0913A1ZZ (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Anita Mallikarjun Kulloi and Sanjeevkumar Gireppa Balappanavar.
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 Plot No. D – 241 Chakan MIDC Phase 2, Varale Tal – Khed Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.46 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 7.4%) and EBITDA of ₹2.58 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.12 Cr and satisfied charges of ₹2.27 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Mas Systech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0056028). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website massystech.com.
Company details
CIN U29296PN2014PTC150324
Registration Number 150324
Incorporation Date 24 January 2014
ROC Pune
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 Small
Udyam Registration UDYAM-MH-26-0056028
Key People
Anita Mallikarjun Kulloi Director Sanjeevkumar Gireppa Balappanavar Director Mallikarjun Basaling Kulloli Director Recognitions & Rankings of Mas Systech
Contact details
Mas Systech Private Limited's registered office is in Khed, Maharashtra. Its website is massystech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. D – 241 Chakan MIDC Phase 2, Varale Tal – Khed Pune, Maharashtra, India – 410501
- IndustryMachinery and Equipment, Packaging Machinery & Equipment
To see the full contact details of Mas Systech Private Limited, buy the company report.
Comprehensive company report
Mas Systech 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 Mas Systech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mas Systech Private Limited, buy the company report.
Financials of Mas Systech Private Limited
FY 2024 filings availableMas Systech Private Limited reported revenue of ₹20.46 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹20.46 Cr ▲ 42%
Net profit · FY 2025
₹1.51 Cr margin 7.4%
EBITDA · FY 2025
₹2.58 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 13%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 116%
3 years · compounded
▲ 10%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 42% growth in the latest year. EBITDA rose 116% 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 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 | ₹2.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.51 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Systech Private Limited, buy the company report.
Board of directors of Mas Systech Private Limited
Mas Systech has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Mallikarjun Kulloi | Director | 24 Jan 2014 | 12 Years 8 Months | Current |
| Sanjeevkumar Gireppa Balappanavar | Director | 24 Jan 2014 | 12 Years 8 Months | Current |
| Mallikarjun Basaling Kulloli | Director | 24 Jan 2014 | 12 Years 8 Months | Current |
Peer comparison
Mas Systech Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Packaging Machines), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wraptech Machines Private Limited | ₹21.07 Cr (FY 2025) | -5.0% | Navi Mumbai, Maharashtra, India | |||
| Inpack Fabrications Private Limited | ₹20.5 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Mas Systech Private Limitedthis company | ₹20.46 Cr (FY 2025) | ₹1.51 Cr | 7.4% | 42.0% | 37 | Khed, Maharashtra, India |
| Joy Pack (India) Private Limited | ₹19.68 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Excel Machinery (Gujarat) Private Limited | ₹19.61 Cr (FY 2025) | 13.0% | Kalol, Gujarat, India | |||
| Hilda Automation Private Limited | ₹19.54 Cr (FY 2025) | 37.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Mas Systech Private Limited, buy the company report.
Auditor
Mas Systech Private Limited is audited by S GAUTAM & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S GAUTAM & ASSOCIATES LLP | FY 2022 | 126944W |
Shareholding
The shareholding of Mas Systech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mas Systech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.12 Cr
Satisfied charges
₹2.27 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2024 | 101004630 | Sidbi | ₹16.5 Lakh | Open | |
| 20 Aug 2024 | 100974694 | Sidbi | ₹2.5 Cr | Open | |
| 25 Feb 2022 | 100543688 | Hdfc Bank Limited | ₹6.9 Cr | Open | |
| 30 Dec 2017 | 100152576 | Others | ₹54.86 Lakh | Open | |
| 26 Dec 2017 | 100150960 | Axis Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Mas Systech Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mas Systech Private Limited has 1 court case on record: 1 filed by Mas Systech. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Maharashtra Industrial Development Development Corporation | Pending |
To see the full case history of Mas Systech 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
Mas Systech Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 12 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Orchid Industries | |||
| Tubainox LLP | |||
| an individual supplier | |||
| Cubix Automation Private Limited | |||
| Sudhanshu Associates |
To see the full MSME payment records of Mas Systech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mas Systech Private Limited has a workforce of 37 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
-11.9%
GST
Mas Systech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM0913A1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mas Systech Private Limited, buy the company report.
Recent activity
Mas Systech Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Anita Mallikarjun Kulloi was appointed as Director on 24 Jan 2014.
Charges
A charge with Hdfc Bank Limited of Rs. 690.39 Lakh registered on 25 Feb 2022 with Charge ID 100543688 was modified on 21 Mar 2025.
AGM
Mas Systech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 16.50 Lakh with Charge ID 101004630 was registered on 09 Sep 2024.
Charges
A charge with Sidbi amounted to Rs. 250.00 Lakh with Charge ID 100974694 was registered on 20 Aug 2024.
Filing
Mas Systech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 26 Dec 2017 via Charge ID 100150960 with Axis Bank Limited was fully satisfied on 24 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 690.39 Lakh with Charge ID 100543688 was registered on 25 Feb 2022.
Charges
A charge with Axis Bank Limited of Rs. 200.00 Lakh registered on 26 Dec 2017 with Charge ID 100150960 was modified on 03 Nov 2018.
Charges
A charge registered on 25 Jun 2015 via Charge ID 10577364 with Mahesh Shakari Bank Ltd Pune was fully satisfied on 23 Aug 2018.
Charges
A charge registered on 20 Oct 2014 via Charge ID 10531053 with Mahesh Shakari Bank Ltd Pune was fully satisfied on 20 Jan 2018.
Charges
A charge with Others amounted to Rs. 54.86 Lakh with Charge ID 100152576 was registered on 30 Dec 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100150960 was registered on 26 Dec 2017.
7 earlier events are in the company report.
Frequently asked questions
Mas Systech is an active private limited company based in Khed, Maharashtra, India. The company works in packaging machinery and equipment, within the machinery and equipment industry. It was incorporated on 24 January 2014 (12+ years old) and is registered under CIN U29296PN2014PTC150324.
Mas Systech has 3 current directors:
- Anita Mallikarjun Kulloi - Director
- Sanjeevkumar Gireppa Balappanavar - Director
- Mallikarjun Basaling Kulloli - Director
The latest financial statements of Mas Systech 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 Systech is 27AAJCM0913A1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mas Systech is U29296PN2014PTC150324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mas Systech has 1 court case on record: 1 filed by the company. 1 is pending.
Mas Systech was incorporated on 24 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mas Systech by revenue are Wraptech Machines Private Limited, Inpack Fabrications Private Limited, Joy Pack (India) Private Limited, Excel Machinery (Gujarat) Private Limited, Hilda Automation Private Limited, all in the Machinery and Equipment industry (Packaging Machines), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anita Mallikarjun Kulloi was appointed as Director on 24 Jan 2014. Mallikarjun Basaling Kulloli was appointed as Director on 24 Jan 2014. Sanjeevkumar Gireppa Balappanavar was appointed as Director on 24 Jan 2014.
Yes, Mas Systech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0056028).
Mas Systech has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 12 overdue payments to 12 micro and small suppliers. The latest return was filed on 29 May 2019.
Mas Systech can be reached through the website massystech.com. Its registered office is in Khed, Maharashtra, India.