Master Financial Services Ltd
About Master Financial Services Ltd
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Master Financial Services Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65944MH1993PLC070759.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Hemang Gopal Bhatt and Amit Vinodanand Mishra.
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 202 Philomina Apartments Juhu Tara Road, Opp J W Marriot Hotel Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2024, the company reported a revenue of ₹35,124, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹10,131 (net margin 28.8%) and EBITDA of ₹10,131 (EBITDA margin 28.8%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 27% over five years.
Court records list 20 cases involving the company, including 17 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Master Financial Services Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address202 Philomina Apartments Juhu Tara Road, Opp J W Marriot Hotel Mumbai, Maharashtra, India – 400049
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Master Financial Services Ltd, 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
Financials of Master Financial Services Ltd
FY 2025 filings availableMaster Financial Services Ltd reported revenue of ₹35,124 (down 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 58% fall in the latest year. EBITDA fell 82% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10,131 | ||||
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| Net Profit (PAT) | ₹10,131 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 28.8% | ||||
| Net Profit Margin | 28.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Master Financial Services Ltd, buy the company report.
Board of directors of Master Financial Services Ltd
Master Financial Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemang Gopal Bhatt | Director | 10 May 2018 | 8 Years 6 Months | Current |
| Amit Vinodanand Mishra Also directs: Jetra Infrastructure Private Limited, A V Housing LLP, A V Crystal Housing LLP and 5 more | Director | 18 Jul 2024 | 2 Years 3 Months | Current |
| Awakash Mritunjay Singh | Additional Director | 24 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Master Financial Services Ltd is audited by MANISH P JAIN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH P JAIN & ASSOCIATES | FY 2020 | 123908W |
Shareholding
The shareholding of Master Financial Services Ltd is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Master Financial Services Ltd, buy the company report.
Legal cases
Master Financial Services Ltd has 20 court cases on record: 17 filed by Master Financial Services, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed by the company against Vidhi Industries Ltd. | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against O.L. of Vidhi Industries Ltd. | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against Maegabyte Consultancy Services Pvt Ltd | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by an individual | Disposed |
To see the full case history of Master Financial Services Ltd, 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 Financial Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Master Financial Services Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Master Financial Services Ltd has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Awakash Mritunjay Singh was appointed as Additional Director on 24 Jun 2025.
1 earlier event is in the company report.
Frequently asked questions
Master Financial Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 February 1993 (33+ years old) and is registered under CIN U65944MH1993PLC070759.
Master Financial Services has 3 current directors:
- Hemang Gopal Bhatt - Director
- Amit Vinodanand Mishra - Director
- Awakash Mritunjay Singh - Additional Director
The latest financial statements of Master Financial Services 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 CIN (Corporate Identification Number) of Master Financial Services is U65944MH1993PLC070759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Financial Services has 20 court cases on record: 17 filed by the company and 3 filed against it. Most are in the high courts.
Master Financial Services was incorporated on 11 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Awakash Mritunjay Singh was appointed as Additional Director on 24 Jun 2025. Amit Vinodanand Mishra ceased to be Additional Director on 29 Sep 2024. Pankaj Valji Vora ceased to be Additional Director on 29 Sep 2024. Master Financial Services has 10 board changes on record in total.
The registered office of Master Financial Services is at 202 Philomina Apartments Juhu Tara Road, Opp J W Marriot Hotel Mumbai, Maharashtra, India – 400049.
Master Financial Services operates in the financial services industry, in the diversified financial services segment.
The compliance status of Master Financial Services is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.
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