Masand Sprayers Private Limited

Masand Sprayers Private Limited - agriculture in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U29200MP2020PTC053704 Incorporated 10 November 2020 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company agriculture MSME · Medium
Data last updated
Revenue · FY 2026
₹56.18 Cr
▼ 33% YoY
Net profit · FY 2026
₹1.74 Cr
Net margin 3.1%
EBITDA · FY 2026
₹4.51 Cr
EBITDA margin 8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹18.23 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
133
Provident fund records

About Masand Sprayers Private Limited

Data last updated:

Masand Sprayers Private Limited 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 10 November 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29200MP2020PTC053704. Its GSTIN is 23AAOCM0157H1ZK (Madhya Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ritesh Masand (Whole-Time Director) and Jayesh Rajesh Masand (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 56 Shastri Market Ground Floor, Indore, Madhya Pradesh, India – 452001.

As per the financials filed for FY 2026, the company reported a revenue of ₹56.18 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Cr (net margin 3.1%) and EBITDA of ₹4.51 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.

The company has about 133 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹18.23 Cr on record.

Masand Sprayers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0007113). For more details, the company can be reached via its website masandknapsacksprayers.com.

Company details

CIN U29200MP2020PTC053704
Registration Number 053704
Incorporation Date 10 November 2020
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
MSME Classification Medium
Udyam Registration UDYAM-MP-23-0007113
Key People
Ritesh Masand Whole-Time Director Jayesh Rajesh Masand Whole-Time Director Mahak Masand Director

Recognitions & Rankings of Masand Sprayers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MP-23-0007113

Contact details

Masand Sprayers Private Limited's registered office is in Indore, Madhya Pradesh. Its website is masandknapsacksprayers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    masandknapsacksprayers.com
  • Registered Address
    56 Shastri Market Ground Floor, Indore, Madhya Pradesh, India – 452001
  • Industry
    Agriculture, Agri Machinery & Equipment

To see the full contact details of Masand Sprayers Private Limited, buy the company report.

Comprehensive company report
Masand Sprayers 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 Masand Sprayers is manufacturing. In detail, this covers manufacture of electrical equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing27Manufacture of electrical equipment

To see the full business activity and turnover split of Masand Sprayers Private Limited, buy the company report.

Financials of Masand Sprayers Private Limited

FY 2026 filings available

Masand Sprayers Private Limited reported revenue of ₹56.18 Cr (down 33% YoY) for FY 2026.

Revenue · FY 2026
₹56.18 Cr ▼ 33%
Net profit · FY 2026
₹1.74 Cr margin 3.1%
EBITDA · FY 2026
₹4.51 Cr margin 8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 21%

Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 7% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations₹56.18 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.51 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.74 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin8%
Net Profit Margin3.1%
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 Sprayers Private Limited, buy the company report.

Board of directors of Masand Sprayers Private Limited

Masand Sprayers has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ritesh Masand
Also directs: Tivona Agri Private Limited, Masand Agritech Private Limited
Whole-Time Director10 Nov 20205 Years 11 MonthsCurrent
Mahak Masand
Also directs: Masand Agritech Private Limited
Director11 Aug 20251 Years 2 MonthsCurrent
Jayesh Rajesh Masand
Also directs: Tivona Agri Private Limited, Masand Agritech Private Limited
Whole-Time Director01 Jun 20233 Years 5 MonthsCurrent
View all directors

Auditor

Masand Sprayers Private Limited is audited by Sandeep Surendra Jain & Co. for the financial year 2026.

Auditor firmFinancial yearFirm registration number
Sandeep Surendra Jain & Co.FY 2026010172C

Shareholding

The shareholding of Masand Sprayers Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Masand Sprayers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹18.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹18.06 Cr
Yes Bank Limited₹0.17 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jul 2024100965312Others₹36.08 LakhOpen
10 Nov 2023100842216Yes Bank Limited₹16.6 LakhOpen
10 Jun 2021100455589Others₹17.7 CrOpen

To see the full charge records of Masand Sprayers Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Masand Sprayers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Masand Sprayers Private Limited has a workforce of 133 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
133
Active EPFO establishments
1
Employee growth
40%

GST

Masand Sprayers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AAOCM0157H1ZKMadhya PradeshActive01 Dec 2020

To see the full GST registrations and return filing status of Masand Sprayers Private Limited, buy the company report.

Recent activity

Masand Sprayers Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Mahak Masand was appointed as Director on 11 Aug 2025.

Filing
Masand Sprayers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Gwalior.
AGM
Masand Sprayers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Mahak Masand was appointed as Director.
Charges
A charge with Others of Rs. 1,770.00 Lakh registered on 10 Jun 2021 with Charge ID 100455589 was modified on 26 May 2025.
Charges
A charge with Others amounted to Rs. 36.08 Lakh with Charge ID 100965312 was registered on 26 Jul 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 16.60 Lakh with Charge ID 100842216 was registered on 10 Nov 2023.
Appointed
Jayesh Rajesh Masand was appointed as Whole-Time Director.
Charges
A charge with Others amounted to Rs. 1,770.00 Lakh with Charge ID 100455589 was registered on 10 Jun 2021.
Appointed
Ritesh Masand was appointed as Whole-Time Director.
Incorporation
10 Nov 2020
Masand Sprayers Private Limited was registered on 10 Nov 2020 with Roc Gwalior & aged 5 years 11 months as per MCA records.

Frequently asked questions

Masand Sprayers 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 10 November 2020 (6+ years old) and is registered under CIN U29200MP2020PTC053704.

Masand Sprayers has 3 current directors:

The latest financial statements of Masand Sprayers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Masand Sprayers is 23AAOCM0157H1ZK, registered in Madhya Pradesh.

The CIN (Corporate Identification Number) of Masand Sprayers is U29200MP2020PTC053704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Masand Sprayers was incorporated on 10 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.

Mahak Masand was appointed as Director on 11 Aug 2025. Jayesh Rajesh Masand was appointed as Whole-Time Director on 01 Jun 2023. Ritesh Masand was appointed as Whole-Time Director on 10 Nov 2020.

Yes, Masand Sprayers is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0007113).

Masand Sprayers can be reached through the website masandknapsacksprayers.com. Its registered office is in Indore, Madhya Pradesh, India.

The registered office of Masand Sprayers is at 56 Shastri Market Ground Floor, Indore, Madhya Pradesh, India – 452001.