About Master Commodity Services Limited
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Master Commodity Services Limited is a public limited company based in Punjab, India, a subsidiary of Master Capital Services Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 13 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67120PB1991PLC011574. Its GSTIN is 03AAACE3600M2Z2 (Punjab). The company holds 25 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹55 Lakh. It is led by directors including Harinder Singh and Gurmeet Singh Chawla.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Master Chamber 19 Feroze Gandhi Market Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.92 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.96 Lakh (net margin 2.1%) and EBITDA of ₹5.1 Lakh (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 27% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹18 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mastertrust.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMaster Chamber 19 Feroze Gandhi Market Ludhiana, Punjab, India – 141001
- IndustryFinancial Services, Brokerage & Trading Services
- 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 Master Commodity Services Limited
The main business activity of Master Commodity 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.
Auditor Details of Master Commodity Services Limited
Master Commodity Services Limited is audited by Gary Jain & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gary Jain & 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 Master Commodity Services Limited
Master Commodity Services has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harinder Singh Also directs: Master Insurance Brokers Limited, H.K.Arora Real Estate Services Private Limited, Master Capital Services Limited and 2 more | Director | 28 Aug 2003 | 23 Years 1 Months | Current |
| Gurmeet Singh Chawla Also directs: Master Trust Limited, Master Insurance Brokers Limited, Master Portfolio Services Limited and 3 more | Director | 28 Aug 2003 | 23 Years 1 Months | Current |
| Pavan Kumar Chhabra | Director | 28 Aug 2003 | 23 Years 1 Months | Current |
| Harjeet Singh Arora Also directs: Prime Industries Limited, Master Trust Limited, Master Insurance Brokers Limited and 5 more | Director | 28 Aug 2003 | 23 Years 1 Months | Current |
| Rajinder Kumar Singhania Also directs: Prime Industries Limited, Master Trust Limited, Master Insurance Brokers Limited and 5 more | Director | 28 Aug 2003 | 23 Years 1 Months | Current |
Financials of Master Commodity Services Limited FY 2025 filings available
Master Commodity Services Limited reported revenue of ₹1.92 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Master Commodity Services Limited
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA fell 36% 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 Master Commodity Services Limited
| 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 | ₹5.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.96 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 Master Commodity Services Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Master Commodity 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.
Ownership and Shareholding of Master Commodity Services Limited
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 Master Commodity Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2010 | Oriental Bank of Commerce | ₹10 Cr | Open |
| 18 Dec 2009 | Karnataka Bank Ltd. | ₹16 Cr | Satisfied |
| 04 Apr 2009 | Union Bank of India | ₹2 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Master Commodity Services Limited
Master Commodity Services Limited has a workforce of 1 employees as of Apr 05, 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.
GST Compliance of Master Commodity Services Limited
Master Commodity Services has 25 GST registrations: 3 active and 22 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACE3600M2Z2 | Punjab | Active | 01 Jul 2017 |
| 07AAACE3600M1ZV | Delhi | Active | 01 Jul 2017 |
| 24AAACE3600M1ZZ | Gujarat | 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.
Credit Ratings, Litigation & Regulatory Alerts for Master Commodity Services Limited
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 Master Commodity Services Limited
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 Master Commodity Services Limited
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.
MCA Filings & Documents of Master Commodity Services Limited
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.
Recent Activity on Master Commodity Services Limited
Recent News on Master Commodity Services Limited
Frequently Asked Questions about Master Commodity Services Limited
Master Commodity Services is an active public limited company based in Punjab, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 13 August 1991 (35+ years old) and is registered under CIN U67120PB1991PLC011574.
Master Commodity Services reported revenue of ₹1.92 Cr for FY 2025 (up 6% YoY).
Master Commodity Services has 5 current directors:
- Harinder Singh - Director
- Gurmeet Singh Chawla - Director
- Pavan Kumar Chhabra - Director
- Harjeet Singh Arora - Director
- Rajinder Kumar Singhania - Director
Master Commodity Services reported a net profit of ₹3.96 Lakh (net margin 2.1%) and EBITDA of ₹5.1 Lakh (EBITDA margin 2.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Master Commodity Services is 13% over three years and -27% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Master Commodity Services is 03AAACE3600M2Z2, registered in Punjab. The company has 25 GST registrations in all, of which 3 are active and 22 are cancelled or inactive. Other active GSTINs include 07AAACE3600M1ZV (Delhi), 24AAACE3600M1ZZ (Gujarat).
The CIN (Corporate Identification Number) of Master Commodity Services is U67120PB1991PLC011574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Commodity Services was incorporated on 13 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chandigarh.
Master Commodity Services can be reached through the website mastertrust.co.in. Its registered office is in Punjab, India.