Masand Agro Equipments Pvt Ltd

Masand Agro Equipments Pvt Ltd - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U29214MP1995PTC009702 Incorporated 13 July 1995 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company agriculture MSME · Small
Data last updated
Revenue · FY 2024
₹16.6 Cr
▼ 45% YoY
Net loss · FY 2024
₹29.7 Lakh
Net margin -1.8%
EBITDA · FY 2024
₹25.94 Lakh
EBITDA margin 1.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹40.48 Lakh
Issued & subscribed
Open charges
₹8.12 Cr
Satisfied ₹3.5 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
62
Provident fund records

About Masand Agro Equipments Pvt Ltd

Data last updated:

Masand Agro Equipments Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 13 July 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29214MP1995PTC009702. Its GSTIN is 23AABCM1131A1ZJ (Madhya Pradesh).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.48 Lakh. It is led by directors including Jyoti Masand and Rajkumar Masand.

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 70 – Shastri Market, Indore, Madhya Pradesh, India.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.6 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹29.7 Lakh (net margin -1.8%) and EBITDA of ₹25.94 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.

The company has about 62 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹8.12 Cr and satisfied charges of ₹3.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Masand Agro Equipments Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0014090). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masandagroequipments.com.

Company details

CIN U29214MP1995PTC009702
Registration Number 009702
Incorporation Date 13 July 1995
ROC Gwalior
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-MP-23-0014090

Recognitions & Rankings of Masand Agro Equipments

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MP-23-0014090

Contact details

Masand Agro Equipments Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its website is masandagroequipments.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    70 – Shastri Market, Indore, Madhya Pradesh, India
  • Industry
    Agriculture, Agri Machinery & Equipment

To see the full contact details of Masand Agro Equipments Pvt Ltd, buy the company report.

Comprehensive company report
Masand Agro Equipments Pvt Ltd - 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 Masand Agro Equipments 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 Masand Agro Equipments Pvt Ltd, buy the company report.

Financials of Masand Agro Equipments Pvt Ltd

FY 2024 filings available

Masand Agro Equipments Pvt Ltd reported revenue of ₹16.6 Cr (down 45% YoY) for FY 2024.

Revenue · FY 2024
₹16.6 Cr ▼ 45%
Net loss · FY 2024
₹29.7 Lakh margin -1.8%
EBITDA · FY 2024
₹25.94 Lakh margin 1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 9%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 53%
5 years · compounded
▼ 19%

Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 84% 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₹25.94 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹29.7 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 Margin1.6%
Net Profit Margin-1.8%
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 Masand Agro Equipments Pvt Ltd, buy the company report.

Board of directors of Masand Agro Equipments Pvt Ltd

Masand Agro Equipments has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jyoti MasandDirector13 Oct 201412 Years 0 MonthsCurrent
Rajkumar MasandDirector13 Jul 199531 Years 3 MonthsCurrent
Rahul MasandDirector25 Mar 201115 Years 6 MonthsCurrent

Auditor

Masand Agro Equipments Pvt Ltd is audited by ARORA BANTHIA & TULSIYAN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ARORA BANTHIA & TULSIYANFY 2023007028C

Shareholding

The shareholding of Masand Agro Equipments Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Masand Agro Equipments Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹8.12 Cr
Satisfied charges
₹3.5 Cr
Breakdown by lending institutions
Others₹7.55 Cr
State Bank of Indore₹0.57 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Feb 2018100185750Others₹7.55 CrOpen
31 May 200090201815State Bank of Indore₹25 LakhOpen
14 Dec 199890208334State Bank of Indore₹32 LakhOpen
28 Jun 200710058785State Bank of India₹3.5 CrSatisfied

To see the full charge records of Masand Agro Equipments Pvt Ltd, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Masand Agro Equipments Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Masand Agro Equipments Pvt Ltd has a workforce of 62 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
62
Active EPFO establishments
1
Employee growth
-1.59%

GST

Masand Agro Equipments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AABCM1131A1ZJMadhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Masand Agro Equipments Pvt Ltd, buy the company report.

Recent activity

Masand Agro Equipments Pvt Ltd has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Jyoti Masand was appointed as Director on 13 Oct 2014.

AGM
Masand Agro Equipments Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Masand Agro Equipments Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Others of Rs. 755.40 Lakh registered on 19 Feb 2018 with Charge ID 100185750 was modified on 20 Apr 2023.
Charges
A charge registered on 28 Jun 2007 via Charge ID 10058785 with State Bank Of India was fully satisfied on 06 Nov 2018.
Charges
A charge with Others amounted to Rs. 755.40 Lakh with Charge ID 100185750 was registered on 19 Feb 2018.
Appointed
Jyoti Masand was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 350.00 Lakh registered on 28 Jun 2007 with Charge ID 10058785 was modified on 29 Aug 2011.
Ceased
Jyoti Masand ceased to be Director.
Appointed
Rahul Masand was appointed as Director.
Ceased
Rajesh Masand ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 350.00 Lakh with Charge ID 10058785 was registered on 28 Jun 2007.
Charges
A charge with State Bank Of Indore of Rs. 32.00 Lakh registered on 14 Dec 1998 with Charge ID 90208334 was modified on 03 Sep 2003.

5 earlier events are in the company report.

Frequently asked questions

Masand Agro Equipments is an active private limited company based in Indore, Madhya Pradesh, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 13 July 1995 (31+ years old) and is registered under CIN U29214MP1995PTC009702.

Masand Agro Equipments has 3 current directors:

The latest financial statements of Masand Agro Equipments 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 Masand Agro Equipments is 23AABCM1131A1ZJ, registered in Madhya Pradesh.

The CIN (Corporate Identification Number) of Masand Agro Equipments is U29214MP1995PTC009702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Masand Agro Equipments has 1 court case on record: 1 filed by the company.

Masand Agro Equipments was incorporated on 13 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.

Jyoti Masand was appointed as Director on 13 Oct 2014. Jyoti Masand ceased to be Director on 25 Mar 2011. Rahul Masand was appointed as Director on 25 Mar 2011. Masand Agro Equipments has 5 board changes on record in total.

Yes, Masand Agro Equipments is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0014090).

Masand Agro Equipments can be reached through the website masandagroequipments.com. Its registered office is in Indore, Madhya Pradesh, India.