MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-02-0008257
Masters India IT Solutions Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.81 Cr
▲ 23% YoY
Net profit · FY 2025
₹1.19 Cr
Net margin 8.1%
EBITDA · FY 2025
₹80.28 Lakh
EBITDA margin 5.4%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹50.61 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
About Masters India IT Solutions Private Limited
Data last updated:
Masters India IT Solutions Private Limited is a private limited company based in Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72100DL2013PTC251318. Its GSTIN is 09AAICM6186C1Z9 (Uttar Pradesh).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹50.61 Lakh. It was formerly known as Masters India Software Private Limited and Coyn Technologies Private Limited. It is led by directors Nishank Goyal and Nikunj Gupta.
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 340/43 Iiird Floor Friends Colony Industrial Area Shahadara Main G.T Road, Delhi, India – 110095.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.81 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 8.1%) and EBITDA of ₹80.28 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 70% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Masters India. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in December 2021. Its 10 peer companies in the same principal business activity (management consultancy activities) are compared by revenue, 5 larger and 5 smaller; the largest is Thomas Assessments Private Limited with revenue of ₹15.08 Cr.
Masters India IT Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0008257). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mastersindia.co.
Company details
CIN U72100DL2013PTC251318
Registration Number 251318
Incorporation Date 01 May 2013
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-02-0008257
Name history
Masters India IT Solutions has undergone 8 name changes throughout its history. The current legal name is Masters India It Solutions Private Limited.
| Company Name | Status |
|---|---|
| Masters India IT Solutions Private Limited | Current |
| Masters India Software Private Limited | Previous |
| Coyn Technologies Private Limited | Previous |
| Teccent Lab Private Limited | Previous |
| Masters India Tech Solutions Private Limited | Previous |
| Masters Earth India Private Limited | Previous |
| Coyn Solutions Private Limited | Previous |
| Masters India Softech Private Limited | Previous |
| Masters India Infotech Private Limited | Previous |
CIN history
Masters India IT Solutions has one previous CIN (Corporate Identification Number): U45400DL2013PTC251318. The current CIN is U72100DL2013PTC251318, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100DL2013PTC251318 | Current |
| U45400DL2013PTC251318 | Previous |
Key People
Nishank Goyal Director Nikunj Gupta Director Recognitions & Rankings of Masters India IT Solutions
Contact details
Masters India IT Solutions Private Limited's registered office is in Delhi, Delhi. Its website is mastersindia.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address340/43 Iiird Floor Friends Colony Industrial Area Shahadara Main G.T Road, Delhi, India – 110095
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Masters India IT Solutions Private Limited, buy the company report.
Comprehensive company report
Masters India IT Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Masters India IT Solutions operates one associated brand: Masters India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides GST software, APIs, and tools for tax compliance and invoicing services. | mastersindia.co |
Business activity
The main business activity of Masters India IT Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Masters India IT Solutions Private Limited, buy the company report.
Financials of Masters India IT Solutions Private Limited
FY 2025 filings availableMasters India IT Solutions Private Limited reported revenue of ₹14.81 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹14.81 Cr ▲ 23%
Net profit · FY 2025
₹1.19 Cr margin 8.1%
EBITDA · FY 2025
₹80.28 Lakh margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 26%
5 years · compounded
▲ 70%
EBITDA CAGR growth
3 years · compounded
▲ 94%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 23% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹80.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 5.4% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Masters India IT Solutions Private Limited, buy the company report.
Board of directors of Masters India IT Solutions Private Limited
Masters India IT Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishank Goyal | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
| Nikunj Gupta Also directs: Masters Recycling India Private Limited, Masters India Services Private Limited, Masters India Seva Foundation and 2 more | Director | 10 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Masters India IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thomas Assessments Private Limited | ₹15.08 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Sahamati Foundation | ₹15.07 Cr (FY 2025) | 24.0% | Bangalore, Karnataka, India | |||
| ZR Renewable Energy Limited | ₹15.06 Cr (FY 2024) | 17.0% | Hyderabad, Telangana, India | |||
| SKH Management Services Private Limited | ₹14.94 Cr (FY 2024) | -67.0% | Gurgaon, Haryana, India | |||
| Katalyst Advisors Private Limited | ₹14.93 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Masters India IT Solutions Private Limitedthis company | ₹14.81 Cr (FY 2025) | ₹1.19 Cr | 8.1% | 23.0% | 2 | Delhi, India |
| Vishvapradhan Commercial Private Limited | ₹14.8 Cr (FY 2025) | -84.0% | Gurgaon, Haryana, India | |||
| QT India Technology Private Limited | ₹14.77 Cr (FY 2025) | 33.0% | Bangalore, Karnataka, India | |||
| Grubbrr Systems (India) Private Limited | ₹14.74 Cr (FY 2025) | 7.0% | Andheri, Mumbai, Maharashtra, India | |||
| Schuck India Private Limited | ₹14.72 Cr (FY 2025) | -31.0% | Hyderabad, Telangana, India | |||
| Remote Community Private Limited | ₹14.71 Cr (FY 2024) | 93.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Masters India IT Solutions Private Limited, buy the company report.
Auditor
Masters India IT Solutions Private Limited is audited by SANGAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANGAL & ASSOCIATES | FY 2023 | 024182N |
Shareholding
The shareholding of Masters India IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Masters India IT Solutions Private Limited, buy the company report.
Deals & funding
Masters India IT Solutions Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in December 2021.
Total deals
5
Secondary share transfers
3
Rights issue
1
Funding round
1
Disclosed funding
₹49 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Rights issue | ₹49 Lakh | Investors: an individual |
| Apr 2021 | Funding round | ₹49 Lakh | Investors: 2 individuals |
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Masters India IT Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Masters India IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Masters India IT Solutions Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Masters India IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICM6186C1Z9 | Uttar Pradesh | Active | 12 Jun 2019 |
To see the full GST registrations and return filing status of Masters India IT Solutions Private Limited, buy the company report.
Recent activity
Masters India IT Solutions Private Limited has 10 board changes on record since 2013: 6 appointments and 4 cessations. The latest: Ajay Gupta ceased to be Director on 13 May 2024.
AGM
Masters India It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Masters India It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Ceased
Ajay Gupta ceased to be Director.
Ceased
Vijay Gupta ceased to be Director.
Appointed
Nikunj Gupta was appointed as Director.
Ceased
Chander Prakash Aggarwal ceased to be Director.
Appointed
Nishank Goyal was appointed as Director.
Appointed
Chander Prakash Aggarwal was appointed as Director.
Ceased
Sanjay Goyal ceased to be Director.
Appointed
Vijay Gupta was appointed as Director.
Appointed
Ajay Gupta was appointed as Director.
Appointed
Sanjay Goyal was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Masters India IT Solutions is an active private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 May 2013 (13+ years old) and is registered under CIN U72100DL2013PTC251318.
Masters India IT Solutions has 2 current directors:
- Nishank Goyal - Director
- Nikunj Gupta - Director
The latest financial statements of Masters India IT Solutions 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 Masters India IT Solutions is 09AAICM6186C1Z9, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Masters India IT Solutions is U72100DL2013PTC251318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masters India IT Solutions was incorporated on 01 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Masters India IT Solutions has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹49 Lakh; the latest was in December 2021.
The peers of Masters India IT Solutions by revenue are Thomas Assessments Private Limited, Sahamati Foundation, ZR Renewable Energy Limited, SKH Management Services Private Limited, Katalyst Advisors Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Ajay Gupta ceased to be Director on 13 May 2024. Vijay Gupta ceased to be Director on 13 May 2024. Nikunj Gupta was appointed as Director on 10 May 2024. Masters India IT Solutions has 10 board changes on record in total.
Yes, Masters India IT Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-DL-02-0008257).
Masters India IT Solutions can be reached through the website mastersindia.co. Its registered office is in Delhi, India.