- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0062695

About Mastur Lal Private Limited
Data last updated:
Mastur Lal Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 November 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21022KA1971PTC002123. Its GSTIN is 29AABCM9518K1ZZ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.25 Lakh. It is led by directors including Shramik Masturlal Nandkishore (Managing Director) and Harsh Masturlal Nandakishore.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7th Mile Bannerghattard.Arakere Village Bangalore, Karnataka, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.8 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹29.12 Lakh (net margin 2%) and EBITDA of ₹1.23 Cr (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 2% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.49 Cr and satisfied charges of ₹1.71 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 1 case is pending.
Mastur Lal Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062695). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masturlal.com.
Company details
Recognitions & Rankings of Mastur Lal
Contact details
Mastur Lal Private Limited's registered office is in Bangalore, Karnataka. Its website is masturlal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Mile Bannerghattard.Arakere Village Bangalore, Karnataka, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mastur Lal Private Limited, 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
Business activity
The main business activity of Mastur Lal is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mastur Lal Private Limited, buy the company report.
Financials of Mastur Lal Private Limited
FY 2024 filings availableMastur Lal Private Limited reported revenue of ₹14.8 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 14% fall in the latest year. EBITDA fell 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.12 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 2% | ||||
| 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 Mastur Lal Private Limited, buy the company report.
Board of directors of Mastur Lal Private Limited
Mastur Lal has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Masturlal Nandakishore Also directs: Nandkishore Masturlal Wealth LLP | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
| Shankar Mulloth | Director | 20 Feb 2020 | 6 Years 8 Months | Current |
| Shramik Masturlal Nandkishore Also directs: Nandkishore Masturlal Wealth LLP, S Masturlal & Partners Investments LLP, Masturlal Cords and Ropes Private Limited and 2 more | Managing Director | 17 Nov 1971 | 54 Years 11 Months | Current |
| Rushabh Masturlal Shramik Also directs: Nandkishore Masturlal Wealth LLP, S Masturlal & Partners Investments LLP, Masturlal Cords and Ropes Private Limited and 1 more | Director | 17 Aug 2012 | 14 Years 2 Months | Current |
| Uday Masturlal Nand Kishore Also directs: Nandkishore Masturlal Wealth LLP | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
Mastur Lal Private Limited is compared with the 8 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G.S.B.Forge Private Limited | ₹14.88 Cr (FY 2024) | -30.0% | Telangana, India | |||
| Maruti Hardware Products Private Limited | ₹14.87 Cr (FY 2024) | -24.0% | Rajkot, Gujarat, India | |||
| Satnam Forge Private Limited | ₹14.83 Cr (FY 2024) | 2.0% | Punjab, India | |||
| Mastur Lal Private Limitedthis company | ₹14.8 Cr (FY 2024) | ₹29.12 Lakh | 2% | -14.0% | 41 | Bangalore, Karnataka, India |
| Prolifique Rolls Private Limited | ₹14.79 Cr (FY 2016) | 123.0% | New Delhi, Delhi, India | |||
| Cauvery Steels Private Ltd | ₹14.79 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Mech Components Private Ltd | ₹14.75 Cr (FY 2025) | 41.0% | Telangana, India | |||
| R.C. Engineering Works Private Limited | ₹14.75 Cr (FY 2024) | -39.0% | Uttar Pradesh, India | |||
| Aps Soltech Private Limited | ₹14.73 Cr (FY 2024) | 23.0% | Delhi, India |
To see the full peer comparison of Mastur Lal Private Limited, buy the company report.
Auditor
Mastur Lal Private Limited is audited by Dinesh J & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh J & Associates | FY 2024 | 019522S |
Shareholding
The shareholding of Mastur Lal Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mastur Lal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2009 | 10170535 | State Bank of India | ₹4.49 Cr | Open | |
| 13 Jan 2015 | 10577541 | State Bank of Mysore | ₹55.35 Lakh | Satisfied | |
| 22 Oct 2012 | 10388096 | State Bank of Mysore | ₹8.9 Lakh | Satisfied | |
| 07 Jan 2011 | 10268881 | State Bank of Mysore | ₹3.5 Lakh | Satisfied | |
| 24 Feb 2009 | 10144419 | State Bank of Mysore | ₹3 Lakh | Satisfied |
To see the full charge records of Mastur Lal Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Mastur Lal Private Limited has 13 court cases on record: 6 filed by Mastur Lal, 7 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Srinagar, Jammu and Kashmir | Execution petition | Filed against the company by JK Cement Ltd Through Managing Direrctor Crystal Heights | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Cethar Vessels Ltd | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed by the company against individuals | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Commissioner | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Government of India. National Sampel Survey Office, | Disposed |
To see the full case history of Mastur Lal Private Limited, 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
Mastur Lal Private Limited has 6 MSME Form 1 returns on record between 2020 and 2024, listing 124 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shrinath Adhesive Product Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Ganesha Ecosphere Limited | |||
| Barnet India Marketing and Distribution LLP |
To see the full MSME payment records of Mastur Lal Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mastur Lal Private Limited has a workforce of 41 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Mastur Lal has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM9518K1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mastur Lal Private Limited, buy the company report.
Recent activity
Mastur Lal Private Limited has 7 board changes on record since 1971: 5 appointments and 2 cessations. The latest: Shankar Mulloth was appointed as Director on 20 Feb 2020.
16 earlier events are in the company report.
Frequently asked questions
Mastur Lal is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 November 1971 (55+ years old) and is registered under CIN U21022KA1971PTC002123.
Mastur Lal has 5 current directors:
- Shramik Masturlal Nandkishore - Managing Director
- Harsh Masturlal Nandakishore - Director
- Shankar Mulloth - Director
- Rushabh Masturlal Shramik - Director
- Uday Masturlal Nand Kishore - Director
The latest financial statements of Mastur Lal on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mastur Lal is 29AABCM9518K1ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mastur Lal is U21022KA1971PTC002123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mastur Lal has 13 court cases on record: 6 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Mastur Lal was incorporated on 17 November 1971, making it 55+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mastur Lal by revenue are G.S.B.Forge Private Limited, Maruti Hardware Products Private Limited, Satnam Forge Private Limited, Prolifique Rolls Private Limited, Cauvery Steels Private Ltd and 3 more, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Shankar Mulloth was appointed as Director on 20 Feb 2020. Kokila Nandkishore ceased to be Director on 02 Dec 2019. Harsh Masturlal Nandakishore was appointed as Director on 30 Sep 2014. Mastur Lal has 7 board changes on record in total.
Yes, Mastur Lal is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0062695).
Mastur Lal has 6 MSME Form 1 returns on record between 2020 and 2024, listing 124 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Mastur Lal can be reached through the website masturlal.com. Its registered office is in Bangalore, Karnataka, India.

