MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0014090
Masand Agro Equipments Pvt Ltd - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
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 of Masand Agro Equipments Pvt Ltd
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
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address70 – Shastri Market, Indore, Madhya Pradesh, India
- IndustryAgriculture, Agri Machinery & Equipment
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Business Activity of Masand Agro Equipments Pvt Ltd
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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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) of Masand Agro Equipments Pvt Ltd
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 of Masand Agro Equipments Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 of Masand Agro Equipments Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Masand Agro Equipments are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Masand | Director | 13 Oct 2014 | 12 Years 0 Months | Current |
| Rajkumar Masand | Director | 13 Jul 1995 | 31 Years 3 Months | Current |
| Rahul Masand | Director | 25 Mar 2011 | 15 Years 6 Months | Current |
Peer Comparison of Masand Agro Equipments Pvt Ltd
Masand Agro Equipments Pvt Ltd is compared with the companies closest to it by revenue in the Agriculture industry (Farm Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhagwati Krushi Udhyog Private Limited | ₹17.24 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Ahmedabad, Gujarat, India |
| Ingenious Construction Equipments Private Limited | ₹17.15 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Sanosara, Gujarat, India |
| Nipun Agro Engineering Private Limited | ₹17.02 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Jaipur, Rajasthan, India |
| Agri King Tractors & Equipments Private Limited | ₹16.86 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Chandigarh, India |
| Lotey Heavy Machines Private Limited | ₹16.73 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Khanna, Punjab, India |
| Masand Agro Equipments Pvt Ltd this company | ₹16.6 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | Indore, Madhya Pradesh, India |
| Vla Industries Limited | ₹16.48 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Karnal, Haryana, India |
| Shri Vaijanath Industries Private Limited | ₹16.47 Cr (FY 2019) | •••• | •••• | 43.0% | •••• | Chandgad, Maharashtra, India |
| Gyan Agrico Industries Private Limited | ₹16.42 Cr (FY 2025) | •••• | •••• | 138.0% | •••• | Nawabganj, Uttar Pradesh, India |
| Brar Industries Private Limited | ₹16.42 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Amritsar, Punjab, India |
| Lambton Kunstwerk Machinery India Private Limited | ₹16.36 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Masand Agro Equipments by revenue in the Agriculture industry (Farm Equipment), 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 Masand Agro Equipments Pvt Ltd
Masand Agro Equipments Pvt Ltd is audited by ARORA BANTHIA & TULSIYAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARORA BANTHIA & TULSIYAN | Locked | Locked | Locked |
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Ownership and Shareholding of Masand Agro Equipments Pvt Ltd
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Masand Agro Equipments Pvt Ltd
Open charges
₹8.12 Cr
Satisfied charges
₹3.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 2018 | Others | ₹7.55 Cr | Open |
| 31 May 2000 | State Bank of Indore | ₹25 Lakh | Open |
| 14 Dec 1998 | State Bank of Indore | ₹32 Lakh | Open |
| 28 Jun 2007 | State Bank of India | ₹3.5 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Masand Agro Equipments Pvt Ltd
Masand Agro Equipments Pvt Ltd has 1 court case on record: 1 filed by Masand Agro Equipments. All case is disposed. Status as checked on 03 Oct 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against Shri Krishna Agro Industries | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Masand Agro Equipments Pvt Ltd
Masand Agro Equipments Pvt Ltd has a workforce of 62 employees as of Apr 09, 2024.
Employee count
62
Active EPFO establishments
1
Employee growth
-1.59%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Masand Agro Equipments Pvt Ltd
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Masand Agro Equipments Pvt Ltd
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MSME Payment Delays by Masand Agro Equipments Pvt Ltd
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Subsidiaries & Group Companies of Masand Agro Equipments Pvt Ltd
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GST Compliance of Masand Agro Equipments Pvt Ltd
Masand Agro Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM1131A1ZJ | Madhya Pradesh | Active | 01 Jul 2017 |
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MCA Filings & Documents of Masand Agro Equipments Pvt Ltd
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Frequently Asked Questions about Masand Agro Equipments Pvt Ltd
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 reported revenue of ₹16.6 Cr for FY 2024 (down 45% YoY).
Masand Agro Equipments has 3 current directors:
- Jyoti Masand - Director
- Rajkumar Masand - Director
- Rahul Masand - Director
Masand Agro Equipments reported a net loss of ₹29.7 Lakh (net margin -1.8%) and EBITDA of ₹25.94 Lakh (EBITDA margin 1.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Masand Agro Equipments is -9% over three years and 3% over five years. In the latest year (FY 2024) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Masand Agro Equipments by revenue are Bhagwati Krushi Udhyog Private Limited, Ingenious Construction Equipments Private Limited, Nipun Agro Engineering Private Limited, Agri King Tractors & Equipments Private Limited, Lotey Heavy Machines Private Limited and 5 more, all in the Agriculture industry (Farm Equipment).
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.