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About Masters Developement Management (India) Private Limited
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Masters Developement Management (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 01 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2008PTC187221. Its GSTIN is 27AAFCM7589Q1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Daras Kaur Jaspreet Singh Saroya and Angad Singh Saroya.
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 1 – C – 1403 Whispering Palms Lokandwala Complex Kandivli (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.09 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Cr (net margin -38.8%) and EBITDA of -₹1.05 Cr (EBITDA margin -25.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹1.29 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 masterspmc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1 – C – 1403 Whispering Palms Lokandwala Complex Kandivli (East), Mumbai, Maharashtra, India – 400101
- IndustryInfrastructure and Utilities, Infrastructure Project Management
- 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 Masters Developement Management (India) Private Limited
The main business activity of Masters Developement Management (India) is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy 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.
Financials of Masters Developement Management (India) Private Limited FY 2025 filings available
Masters Developement Management (India) Private Limited reported revenue of ₹4.09 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Masters Developement Management (India) Private Limited
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 523% 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 Masters Developement Management (India) Private 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 | -₹1.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.59 Cr | •••• | •••• | •••• | •••• |
| 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 Masters Developement Management (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -38.8% | •••• | •••• | •••• | •••• |
| 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 Masters Developement Management (India) 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.
Peer Comparison of Masters Developement Management (India) Private Limited
Masters Developement Management (India) Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Project Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mirandus Healthcare Private Limited | ₹4.3 Cr (FY 2025) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Abhiyanta Infratech Private Limited | ₹4.27 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Pune, Maharashtra, India |
| Matrix PMC Consortium Private Limited | ₹4.18 Cr (FY 2023) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
| Rajiv Techno-Engineering Private Limited | ₹4.13 Cr (FY 2022) | •••• | •••• | 294.0% | •••• | New Delhi, Delhi, India |
| Suncon Engineers Private Limited | ₹4.13 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Pune, Maharashtra, India |
| Masters Developement Management (India) Private Limited this company | ₹4.09 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Sanghi Consulting Engineers India Private Limited | ₹4.04 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Nagpur, Maharashtra, India |
| Iskra Energies Private Limited | ₹4.04 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Kris Cooper PMC Private Limited | ₹4.02 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Telcosphere Projects Private Limited | ₹4 Cr (FY 2025) | •••• | •••• | 932.0% | •••• | Ranchi, Jharkhand, India |
| Arham Constrotech Private Limited | ₹3.98 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Masters Developement Management (India) by revenue in the Infrastructure industry (Project Management), 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 Masters Developement Management (India) Private Limited
Masters Developement Management (India) Private Limited is audited by L.K. Manjrekar & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L.K. Manjrekar & Co. | 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 Masters Developement Management (India) Private Limited
Masters Developement Management (India) 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 |
|---|---|---|---|---|
| Daras Kaur Jaspreet Singh Saroya Also directs: Amor Hospitality & Entertainment LLP, Alliance Human Capital LLP | Director | 01 Oct 2008 | 18 Years 0 Months | Current |
| Angad Singh Saroya | Director | 01 Apr 2014 | 12 Years 6 Months | Current |
Ownership and Shareholding of Masters Developement Management (India) 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 Masters Developement Management (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2023 | Hdfc Bank Limited | ₹15 Lakh | Open |
| 02 Jun 2012 | Icici Bank Limited | ₹1.29 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Masters Developement Management (India) Private Limited
Masters Developement Management (India) Private Limited has a workforce of 32 employees as of Apr 09, 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.
Recent Activity on Masters Developement Management (India) Private Limited
Masters Developement Management (India) Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Ipsita Mahajan ceased to be Director on 18 Jul 2018.
Credit Ratings, Litigation & Regulatory Alerts for Masters Developement Management (India) 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 Masters Developement Management (India) 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 Masters Developement Management (India) 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 Masters Developement Management (India) Private Limited
Masters Developement Management (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM7589Q1ZC | Maharashtra | Active | 01 Jul 2017 |
| 19AAFCM7589Q1Z9 | West Bengal | 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 Masters Developement Management (India) 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 Masters Developement Management (India) Private Limited
Masters Developement Management (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 01 October 2008 (18+ years old) and is registered under CIN U70102MH2008PTC187221.
Masters Developement Management (India) reported revenue of ₹4.09 Cr for FY 2025 (down 11% YoY).
Masters Developement Management (India) has 2 current directors:
- Daras Kaur Jaspreet Singh Saroya - Director
- Angad Singh Saroya - Director
Masters Developement Management (India) reported a net loss of ₹1.59 Cr (net margin -38.8%) and EBITDA of -₹1.05 Cr (EBITDA margin -25.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Masters Developement Management (India) is 3% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Masters Developement Management (India) is 27AAFCM7589Q1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAFCM7589Q1Z9 (West Bengal).
The CIN (Corporate Identification Number) of Masters Developement Management (India) is U70102MH2008PTC187221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masters Developement Management (India) was incorporated on 01 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Masters Developement Management (India) by revenue are Mirandus Healthcare Private Limited, Abhiyanta Infratech Private Limited, Matrix PMC Consortium Private Limited, Rajiv Techno-Engineering Private Limited, Suncon Engineers Private Limited and 5 more, all in the Infrastructure industry (Project Management).
Ipsita Mahajan ceased to be Director on 18 Jul 2018. Angad Singh Saroya ceased to be Additional Director on 26 Sep 2014. Angad Singh Saroya was appointed as Director on 01 Apr 2014. Masters Developement Management (India) has 5 board changes on record in total.
Masters Developement Management (India) can be reached through the website masterspmc.com. Its registered office is in Mumbai, Maharashtra, India.