
About Master Image Works Private Limited
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Master Image Works Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Master Infomatix System Inc. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 30 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2007PTC164156. Its GSTIN is 07AAFCM0846G1ZL (Delhi).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Surjeet Bakshi Kaur and Inderpal Singh Bakshi.
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 W – 157 Greater Kailash Part – II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.57 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹2.19 Lakh (net margin -28.9%) and EBITDA of -₹2.19 Lakh (EBITDA margin -28.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masterinmageworks.com.
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- Registered AddressW – 157 Greater Kailash Part – II, New Delhi, Delhi, India – 110048
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
Financials of Master Image Works Private Limited FY 2025 filings available
Master Image Works Private Limited reported revenue of ₹7.57 Lakh (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Master Image Works Private Limited
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. EBITDA fell 97% 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 Image Works Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹2.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.19 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 Image Works Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -28.9% | •••• | •••• | •••• | •••• |
| 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 Image Works 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.
Board of Directors of Master Image Works Private Limited
Master Image Works has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surjeet Bakshi Kaur | Director | 19 Nov 2007 | 18 Years 11 Months | Current |
| Inderpal Singh Bakshi | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
Peer Comparison of Master Image Works Private Limited
Master Image Works Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Percept Printing Solutions Private Limited | ₹7.72 Lakh (FY 2020) | •••• | •••• | 154.0% | •••• | Chennai, Tamil Nadu, India |
| Aaraksha Healthcare Services Private Limited | ₹7.63 Lakh (FY 2024) | •••• | •••• | 2284.0% | •••• | Tumkur, Karnataka, India |
| Ssacs Solutions Private Limited | ₹7.62 Lakh (FY 2024) | •••• | •••• | -76.0% | •••• | Harinavi, West Bengal, India |
| Trifecta Net (OPC) Private Limited | ₹7.59 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Gurgaon, Haryana, India |
| Dominent Engineering Private Limited | ₹7.58 Lakh (FY 2022) | •••• | •••• | 21.0% | •••• | Delhi, India |
| Master Image Works Private Limited this company | ₹7.57 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Isenses Incorporation Private Limited | ₹7.55 Lakh (FY 2025) | •••• | •••• | •••• | Jodhpur, Rajasthan, India | |
| Jsma Import & Export Private Limited | ₹7.54 Lakh (FY 2023) | •••• | •••• | -22.0% | •••• | Chennai, Tamil Nadu, India |
| Livera Track Private Limited | ₹7.51 Lakh (FY 2024) | •••• | •••• | 19.0% | •••• | Bhubaneswar, Odisha, India |
| Innometrics Digital Private Limited | ₹7.5 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | New Delhi, Delhi, India |
| Rhythm Infocom Private Limited | ₹7.5 Lakh (FY 2025) | •••• | •••• | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Master Image Works by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Master Image Works Private Limited
Master Image Works Private Limited is audited by R S P H & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R S P H & 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.
Ownership and Shareholding of Master Image Works Private 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 Image Works Private Limited
Master Image Works Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Master Image Works Private Limited
Employment history and EPFO contributions of people linked to Master Image Works.
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.
Recent Activity on Master Image Works Private Limited
Master Image Works Private Limited has 6 board changes on record since 2007: 3 appointments and 3 cessations. The latest: Mahesh Kumar Gupta ceased to be Additional Director on 01 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Master Image Works Private 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 Image Works Private 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 Image Works Private 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.
GST Compliance of Master Image Works Private Limited
Master Image Works has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCM0846G1ZL | Delhi | 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.
MCA Filings & Documents of Master Image Works Private 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.
Frequently Asked Questions about Master Image Works Private Limited
Master Image Works is an active private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 30 May 2007 (19+ years old) and is registered under CIN U72300DL2007PTC164156.
Master Image Works reported revenue of ₹7.57 Lakh for FY 2024 (up 10% YoY).
Master Image Works has 2 current directors:
- Surjeet Bakshi Kaur - Director
- Inderpal Singh Bakshi - Director
Master Image Works reported a net loss of ₹2.19 Lakh (net margin -28.9%) and EBITDA of -₹2.19 Lakh (EBITDA margin -28.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Master Image Works is -2% over three years and -35% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Master Image Works is 07AAFCM0846G1ZL, registered in Delhi.
The CIN (Corporate Identification Number) of Master Image Works is U72300DL2007PTC164156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Image Works was incorporated on 30 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Master Image Works by revenue are Percept Printing Solutions Private Limited, Aaraksha Healthcare Services Private Limited, Ssacs Solutions Private Limited, Trifecta Net (OPC) Private Limited, Dominent Engineering Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Mahesh Kumar Gupta ceased to be Additional Director on 01 Sep 2017. Mohan Singh Gulati ceased to be Director on 16 Jan 2017. Mahesh Kumar Gupta was appointed as Director on 26 Dec 2016. Master Image Works has 6 board changes on record in total.
Master Image Works can be reached through the website masterinmageworks.com. Its registered office is in New Delhi, Delhi, India.