Master Components Limited - machinery and equipment in Nashik, Maharashtra, India. FY 2026 financials and compliance.
CIN L28900MH1999PLC123308 Incorporated 27 December 1999 ROC Mumbai HQ Nashik, Maharashtra, India
Active Listed Public Limited Company machinery and equipment
Data last updated
Revenue · FY 2025
₹42.81 Cr
▲ 67.00% YoY
EBITDA · FY 2025
*****
▲ 121.00% YoY
Net profit · FY 2025
*****
▲ 143.00% YoY
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹13.65 Cr
Satisfied ₹8.46 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
36
Latest available

About Master Components Limited

Data last updated: 23 December 2025

Master Components Limited is a public limited company based in Nashik, Maharashtra, India. It specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 27 December 1999, the company has been in operation for over 27 years.

Registered with ROC Mumbai under CIN L28900MH1999PLC123308. Listed.

Capital: an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4 Cr. Formerly known as Master Components Private Limited. It is led by directors including Vishal Jayantibhai Patel and Mudduraj Chandrashekhar Kulkarni.

Last AGM: 04 August 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. D – 10/A And D – 10/B M.I.D.C Ambad, Nashik, Maharashtra, India – 422010.

As per the financials filed for FY 2025, the company reported a revenue of ₹42.81 Cr, a growth of 67% compared to the previous year.

The company has a workforce of approximately 36 employees as per the latest available data.

The company is associated with 1 brand - Master Group. As per MCA filings, the company has open charges of ₹13.65 Cr and satisfied charges of ₹8.46 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 master-group.in.

Company Details of Master Components Limited
CIN L28900MH1999PLC123308
Registration Number 123308
Incorporation Date 27 December 1999
ROC Mumbai
Listing Status Listed
Company Status Active
Date of Last AGM 04 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Plot No. D – 10/A And D – 10/B M.I.D.C Ambad, Nashik, Maharashtra, India – 422010
  • Industry
    Machinery and Equipment, Industrial Tools & Components
Company report
Master Components Limited - full intelligence report
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  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Master Components Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Master Components Limited

Master Components Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L28900MH1999PLC123308, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L28900MH1999PLC123308 Current
U28900MH1999PTC123308 Previous
U28900MH1999PLC123308 Previous

Associated Brands with Master Components Limited

Master Components Limited operates one associated brand: Master Group. These brands represent Master Components Limited's diversified market presence and brand portfolio.

Brand Description Website
Master Group is engaged in design and manufacturing solutions. master-group.in

Competitors & Alternatives of Master Components Limited

Brands and companies operating in the same space as Master Components Limited include Radiant Design, Roni House Holds, Garware Bestretch and 5 more.

Competitor Description Location Founded
Radiant Design Radiant Design Manufacturer and designer of injection molds and plastic products Chennai, India, India 2014
Roni House Holds Roni House Holds Plastic products are manufactured under contract in India. Jalgaon, India, India 2017
Garware Bestretch Garware Bestretch Contract manufacturing of plastic products is conducted for clients. Pune, India, India 1994
MPH Group MPH Group Manufactures plastic crates, bins, and storage solutions for industrial use. New Delhi, India, India 1980
Panchmal Plastics Panchmal Plastics Manufactures unbreakable plastic products for agriculture, construction, and household use. Bengaluru, India, India 2009
Mascot Plastic Industries Mascot Plastic Industries Manufactures and supplies precision plastic injection moulded parts to multiple sectors. Vadodara, India, India 2001
Druk Exporting Druk Exporting Manufactures and exports ball pens, gel pens, and other writing instruments internationally. Ahmedabad, India, India 2016
Dharti Enterprise Dharti Enterprise Manufactures high-quality plastic cutters and spreaders. Rajkot, India, India 2011

Business Activity of Master Components Limited

Master Components Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C8 Plastic products, non-metallic mineral products, rubber products, fabricated metal products *********

Board of Directors of Master Components Limited

Master Components Limited is currently managed by 6 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vishal Jayantibhai Patel Director 12 Apr 2023 3 Years 2 Months Current
Mudduraj Chandrashekhar Kulkarni Managing Director 27 Dec 1999 26 Years 6 Months Current
Shrikant Hanamant Joshi Cfo 12 Jan 2023 3 Years 5 Months Current
Rajeshwari Mudduraj Kulkarni Director 05 Apr 2003 23 Years 3 Months Current
Anagha Shrikant Joshi Director 05 Apr 2003 23 Years 3 Months Current
Ganapathi Mala Joshy Director 12 Jan 2023 3 Years 5 Months Current

Financials of Master Components Limited FY 2025 filings available

Master Components Limited reported revenue of ₹42.81 Cr (up 67% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹42.81 Cr ▲ 67%
Profit
***** ▲ 143%
EBITDA
***** ▲ 121%
Metrics
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Revenue
Revenue from Operations
*****
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Master Components Limited

Open charges
₹13.65 Cr
Satisfied charges
₹8.46 Cr
Breakdown by lending institutions
Others₹13.65 Cr
Latest charge details
DateLenderAmountStatus
13 Sep 2024 Others ₹13.65 Cr Open
21 Nov 2017 Hdfc Bank Limited ₹1.5 Cr Satisfied
09 Jul 2015 Tjsb Sahakari Bank Limited ₹54 Lakh Satisfied
22 Sep 2014 Tjsb Sahakari Bank Limited ₹1.5 Cr Satisfied
07 Mar 2014 Tjsb Sahakari Bank Limited ₹3.2 Lakh Satisfied

Total charge records: 13 View all charges

Employees and EPFO Compliance at Master Components Limited

View historical data on people associated with Master Components Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Master Components Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Master Components Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Master Components Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Master Components Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Master Components Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Master Components Limited

MSME Payment Delays by Master Components Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Master Components Limited

Subsidiaries & Group Companies of Master Components Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Master Components Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Master Components Limited

MCA Filings & Documents of Master Components Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Master Components Limited

Charges
08 Aug 2025
A charge with Others of Rs. 13.65 Cr registered on 13 Sep 2024 with Charge ID 100984420 was modified on 08 Aug 2025.
Activity
04 Aug 2025
Master Components Limited last Annual general meeting of members was held on 04 Aug 2025 as per latest MCA records.
Activity
31 Mar 2025
Master Components Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
08 Oct 2024
A charge registered on 21 Nov 2017 via Charge ID 100138379 with Hdfc Bank Limited was fully satisfied on 08 Oct 2024.
Charges
13 Sep 2024
A charge with Others amounted to Rs. 13.65 Cr with Charge ID 100984420 was registered on 13 Sep 2024.
Directors
12 Apr 2023
Vishal Jayantibhai Patel was appointed as a Director on 12 Apr 2023 & has been associated with this company since 3 years 2 months.

Frequently Asked Questions about Master Components Limited

Master Components Limited is an active public limited company in the machinery and equipment sector based in Nashik, Maharashtra, India. It was incorporated on 27 December 1999 (27+ years old) and is registered under CIN L28900MH1999PLC123308. The company has 36 employees.

Master Components Limited reported revenue of ₹42.81 Cr for FY 2025 (up 67.00% YoY).

The primary industry of Master Components Limited is machinery and equipment. The company specifically operates in industrial tools and components. The company is currently active in this sector.

Yes, Master Components Limited is a listed company.

Master Components Limited can be reached at the registered office: Plot No. D – 10A And D – 10B M.I.D.C Ambad, Nashik, Maharashtra, India – 422010, or through the website master-group.in.

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