Masterwork Furnitures Private Limited

Masterwork Furnitures Private Limited - consumer electronics & durables in Kothur, Telangana, India. Directors, charges & compliance details.
CIN U36942TG2021PTC157660 Incorporated 06 December 2021 ROC Hyderabad HQ Kothur, Telangana, India
Active Private Limited Company consumer electronics and durables DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹1.79 Cr
▲ 4148% YoY
Net loss · FY 2024
₹97.32 Lakh
Net margin -54.4%
EBITDA · FY 2024
-₹14.87 Lakh
EBITDA margin -8.3%
Authorised capital
₹2.84 Cr
Registered with MCA
Paid-up capital
₹2.84 Cr
Issued & subscribed
Open charges
₹6 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings

About Masterwork Furnitures Private Limited

Data last updated:

Masterwork Furnitures Private Limited is a private limited company based in Kothur, Telangana, India, recognised as a startup by DPIIT. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U36942TG2021PTC157660.

The company has an authorised share capital of ₹2.84 Cr and a paid-up capital of ₹2.84 Cr. It is led by directors including Shivang Dugar and Ashveen Kumar Parak.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kothur, Telangana.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹97.32 Lakh (net margin -54.4%) and EBITDA of -₹14.87 Lakh (EBITDA margin -8.3%).

The company is associated with 1 brand: Masterwork Furniture. As per MCA filings, the company has open charges of ₹6 Cr on record.

Masterwork Furnitures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0060586). For more details, the company can be reached via its website masterwork.in.

Company details

CIN U36942TG2021PTC157660
Registration Number 157660
Incorporation Date 06 December 2021
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0060586
Key People
Shivang Dugar Director Ashveen Kumar Parak Director Shradda Jain Director

Recognitions & Rankings of Masterwork Furnitures

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0060586

Contact details

Masterwork Furnitures Private Limited's registered office is in Kothur, Telangana.

  • Registered Address
    S. Y. No. 7/P, Kodicherla, Kothur, Telangana, India – 509228
  • Industry
    Consumer Electronics & Durables, Furniture Manufacturing
Comprehensive company report
Masterwork Furnitures 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
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Brands

Masterwork Furnitures operates one associated brand: Masterwork Furniture. Each brand links to its own profile.

BrandDescriptionWebsite
Masterwork Furniture
Masterwork creates furniture for home envisioning, building, and experiencing.masterwork.in

Business activity

The main business activity of Masterwork Furnitures is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Masterwork Furnitures Private Limited, buy the company report.

Financials of Masterwork Furnitures Private Limited

FY 2024 filings available

Masterwork Furnitures Private Limited reported revenue of ₹1.79 Cr (up 4148% YoY) for FY 2024.

Revenue · FY 2024
₹1.79 Cr ▲ 4148%
Net loss · FY 2024
₹97.32 Lakh margin -54.4%
EBITDA · FY 2024
-₹14.87 Lakh margin -8.3%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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-₹14.87 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹97.32 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-8.3%
Net Profit Margin-54.4%
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

To see the full financial statements and ratios of Masterwork Furnitures Private Limited, buy the company report.

Board of directors of Masterwork Furnitures Private Limited

Masterwork Furnitures has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shivang Dugar
Also directs: Kronos Sports LLP
Director21 Apr 20224 Years 6 MonthsCurrent
Ashveen Kumar ParakDirector06 Dec 20214 Years 10 MonthsCurrent
Shradda JainDirector01 Feb 20260 Years 9 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹6 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹6.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Dec 2022100663474Others₹6 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Masterwork Furnitures Private Limited; 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 Masterwork Furnitures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Masterwork Furnitures Private Limited has 8 board changes on record since 2021: 3 appointments and 5 cessations. The latest: Shradda Jain was appointed as Director on 01 Feb 2026.

Appointed
Shradda Jain was appointed as Director.
AGM
Masterwork Furnitures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Parak Naveen Kumar ceased to be Additional Director.
Filing
Masterwork Furnitures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100663474 was registered on 28 Dec 2022.
Ceased
Shivang Dugar ceased to be Additional Director.
Ceased
Sheela Jain ceased to be Director.
Ceased
Jinesh Chopra ceased to be Director.
Appointed
Shivang Dugar was appointed as Director.
Ceased
Vamsheedhar Konda ceased to be Director.
Appointed
Ashveen Kumar Parak was appointed as Director.
Incorporation
06 Dec 2021
Masterwork Furnitures Private Limited was registered on 06 Dec 2021 with Roc Hyderabad & aged 4 years 11 months as per MCA records.

Frequently asked questions

Masterwork Furnitures is an active private limited company based in Kothur, Telangana, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 December 2021 (5+ years old) and is registered under CIN U36942TG2021PTC157660.

Masterwork Furnitures has 3 current directors:

The latest financial statements of Masterwork Furnitures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Masterwork Furnitures is U36942TG2021PTC157660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Masterwork Furnitures was incorporated on 06 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.

Shradda Jain was appointed as Director on 01 Feb 2026. Parak Naveen Kumar ceased to be Additional Director on 29 Sep 2024. Shivang Dugar ceased to be Additional Director on 23 Dec 2022. Masterwork Furnitures has 8 board changes on record in total.

Yes, Masterwork Furnitures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Masterwork Furnitures is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0060586).

Masterwork Furnitures can be reached through the website masterwork.in. Its registered office is in Kothur, Telangana, India.

The registered office of Masterwork Furnitures is at S. Y. No. 7P, Kodicherla, Kothur, Telangana, India – 509228.