- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-17-0098784

Master Equipments Company Private Limited
About Master Equipments Company Private Limited
Data last updated:
Master Equipments Company Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29297MH2005PTC157686. Its GSTIN is 27AAECM4675N1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Asha Krunal Panchal and Rajan Kantilal Panchal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No.05 Ashtvinayak Indl. Estate Bldg No. 01 Near Western Express Highway Vasai Phat, A, Maharashtra, India – 401208.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.81 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹80.09 Lakh (net margin 9.1%) and EBITDA of ₹1.21 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹55 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Master Equipments Company Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0098784). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Master Equipments Company has one previous CIN (Corporate Identification Number): U29297MH2005PLC157686. The current CIN is U29297MH2005PTC157686, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29297MH2005PTC157686 | Current |
| U29297MH2005PLC157686 | Previous |
Recognitions & Rankings of Master Equipments Company
Contact details
Master Equipments Company Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No.05 Ashtvinayak Indl. Estate Bldg No. 01 Near Western Express Highway Vasai Phat, A, Maharashtra, India – 401208
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Master Equipments Company Private Limited, buy the company report.
- 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
Business activity
The main business activity of Master Equipments Company is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Master Equipments Company Private Limited, buy the company report.
Financials of Master Equipments Company Private Limited
FY 2025 filings availableMaster Equipments Company Private Limited reported revenue of ₹8.81 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 47% growth in the latest year. EBITDA rose 227% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.21 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹80.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 9.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Master Equipments Company Private Limited, buy the company report.
Board of directors of Master Equipments Company Private Limited
Master Equipments Company has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Krunal Panchal | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Rajan Kantilal Panchal | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Nipa Rajan Panchal | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Rinkal Vipul Panchal | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Krunal Dhansukhlal Panchal Also directs: Dvimansa Global LLP | Director | 01 Jul 2008 | 18 Years 4 Months | Current |
| Anjanaben Navin Panchal | Director | 01 Jul 2008 | 18 Years 4 Months | Current |
Peer comparison
Master Equipments Company Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Master Equipments Company Private Limitedthis company | ₹8.81 Cr (FY 2025) | ₹80.09 Lakh | 9.1% | 47.0% | Vasai, Maharashtra, India | |
| Sinicon Controls Pvt Ltd | ₹8.8 Cr (FY 2025) | 8.0% | Palakkad, Kerala, India | |||
| Therm Tech Energy Equipments Private Limited | ₹8.79 Cr (FY 2024) | -6.0% | Ahmedabad, Gujarat, India | |||
| Torque Motors Private Limited | ₹8.78 Cr (FY 2024) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Master Equipments Company Private Limited, buy the company report.
Auditor
Master Equipments Company Private Limited is audited by VIJAYGOPALVAGHELA for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAYGOPALVAGHELA | FY 2016 | 105551 |
Shareholding
The shareholding of Master Equipments Company Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Master Equipments Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2023 | 100741999 | Others | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Master Equipments Company Private Limited has 1 court case on record: 1 filed by Master Equipments Company. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S.Pavasiya Hospitality LLP THR. Umesh Pavasiya | Pending |
To see the full case history of Master Equipments Company Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Master Equipments Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Master Equipments Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM4675N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Master Equipments Company Private Limited, buy the company report.
Recent activity
Master Equipments Company Private Limited has 14 board changes on record since 2005: 7 appointments and 7 cessations. The latest: Asha Krunal Panchal ceased to be Additional Director on 31 Dec 2020.
6 earlier events are in the company report.
Frequently asked questions
Master Equipments Company is an active private limited company based in Vasai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 November 2005 (21+ years old) and is registered under CIN U29297MH2005PTC157686.
Master Equipments Company has 7 current directors:
- Asha Krunal Panchal - Director
- Rajan Kantilal Panchal - Director
- Nipa Rajan Panchal - Director
- Rinkal Vipul Panchal - Director
- Krunal Dhansukhlal Panchal - Director
- Anjanaben Navin Panchal - Director
- Vipul Navinbhai Panchal - Director
The latest financial statements of Master Equipments Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Master Equipments Company is 27AAECM4675N1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Master Equipments Company is U29297MH2005PTC157686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Equipments Company has 1 court case on record: 1 filed by the company. 1 is pending.
Master Equipments Company was incorporated on 30 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Master Equipments Company by revenue are Sinicon Controls Pvt Ltd, Therm Tech Energy Equipments Private Limited, Torque Motors Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Asha Krunal Panchal ceased to be Additional Director on 31 Dec 2020. Nipa Rajan Panchal ceased to be Additional Director on 31 Dec 2020. Rajan Kantilal Panchal ceased to be Additional Director on 31 Dec 2020. Master Equipments Company has 14 board changes on record in total.
Yes, Master Equipments Company is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0098784).
The registered office of Master Equipments Company is at Unit No.05 Ashtvinayak Indl. Estate Bldg No. 01 Near Western Express Highway Vasai Phat, A, Maharashtra, India – 401208.

