About Master Industries Private Limited
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Master Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 18 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15531MH1998PTC114034. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹61.8 Lakh. It is led by directors including Xerrxes Master (Managing Director) and Zeenia Percy Master.
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 22/D S A Brelvi Raodfort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.41 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹48,793 (net margin 11.1%) and EBITDA of ₹48,793 (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 26% over five years.
Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mastergroups.com.
Company details
Contact details
Master Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is mastergroups.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address22/D S A Brelvi Raodfort, Mumbai, Maharashtra, India – 400001
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Master Industries 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
Financials of Master Industries Private Limited
FY 2024 filings availableMaster Industries Private Limited reported revenue of ₹4.41 Lakh (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 84% fall in the latest year. EBITDA fell 79% 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 |
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| Total Expenses | |||||
| EBITDA | ₹48,793 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48,793 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 11.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Master Industries Private Limited, buy the company report.
Board of directors of Master Industries Private Limited
Master Industries has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xerrxes Master Also directs: Master Marine Services Private Limited, Zoro Legacy Publication Private Limited, Exm Project Movers Private Limited and 3 more | Managing Director | 29 Sep 2007 | 19 Years 1 Months | Current |
| Zeenia Percy Master Also directs: Xenia Hospitality Solutions LLP, Master Marine Services Private Limited, Zoro Legacy Publication Private Limited and 1 more | Director | 01 Feb 2017 | 9 Years 9 Months | Current |
| Arin Percy Master Also directs: Master Marine Services Private Limited, Zoro Legacy Publication Private Limited, Master Logiteck Private Limited and 1 more | Director | 18 Mar 1998 | 28 Years 7 Months | Current |
| Percy Meher Master | Director | 18 Mar 1998 | 28 Years 7 Months | Current |
Peer comparison
Master Industries Private Limited is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Highrise Spirits Private Limited | ₹4.68 Lakh (FY 2025) | 46.0% | Chandigarh, India | |||
| Ganesha Bottling & Beverages Private Limited | ₹4.6 Lakh (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Hopwards Private Limited | ₹4.58 Lakh (FY 2024) | 1438.0% | Nashik, Maharashtra, India | |||
| Jaiswal Distilleries Pvt Ltd | ₹4.54 Lakh (FY 2024) | 3.0% | Nagpur, Maharashtra, India | |||
| Rocking Bombay Beverages Private Limited | ₹4.45 Lakh (FY 2025) | 146.0% | Pune, Maharashtra, India | |||
| Master Industries Private Limitedthis company | ₹4.41 Lakh (FY 2024) | ₹48,793 | 11.1% | -84.0% | Mumbai, Maharashtra, India | |
| Mason and Summers Alcobev Private Limited | ₹4.4 Lakh (FY 2024) | 148.0% | Bangalore, Karnataka, India | |||
| A.B.Distilleries Private Limited | ₹4.4 Lakh (FY 2021) | 717.0% | New Delhi, Delhi, India | |||
| Bundelkhand Distilleries and Breweries Private Limited | ₹4.12 Lakh (FY 2025) | 372.0% | Indore, Madhya Pradesh, India | |||
| Surya Spirits & Wines Private Limited | ₹4 Lakh (FY 2025) | -54.0% | Mumbai, Maharashtra, India | |||
| Sudheer Bio Products Private Limited | ₹3.57 Lakh (FY 2022) | -1.0% | Yakamuru, Andhra Pradesh, India |
To see the full peer comparison of Master Industries Private Limited, buy the company report.
Auditor
Master Industries Private Limited is audited by S GANESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S GANESH & ASSOCIATES | FY 2023 | 111909W |
Shareholding
The shareholding of Master Industries 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 Master Industries Private Limited, buy the company report.
Legal cases
Master Industries Private Limited has 13 court cases on record: 8 filed by Master Industries, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 6 | 4 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (RC) | Filed by the company against M/S Unique Agro Processors India Limited and Others | Disposed |
| Bombay High Court | Court case (CAP) | Filed by the company against M/S Unique Agro Processors India Ltd. and Oths | Disposed |
| Bombay High Court | Court case (CAO) | Filed by the company against M/S Unique Agro Processors India Ltd. and Oths | Disposed |
| District court, Nagpur, Maharashtra | Court case (M.C.A.) | Filed by the company against Unique Agro Processors India Ltd and 3 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by an individual | Disposed |
To see the full case history of Master Industries 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
No delayed payments to MSME suppliers are on our record for Master Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Master Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Master Industries Private Limited, buy the company report.
Recent activity
Master Industries Private Limited has 6 board changes on record since 1998: 4 appointments and 2 cessations. The latest: Zeenia Percy Master ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Master Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 18 March 1998 (28+ years old) and is registered under CIN U15531MH1998PTC114034.
Master Industries has 4 current directors:
- Xerrxes Master - Managing Director
- Zeenia Percy Master - Director
- Arin Percy Master - Director
- Percy Meher Master - Director
The latest financial statements of Master Industries 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.
No. Master Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Master Industries is U15531MH1998PTC114034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Industries has 13 court cases on record: 8 filed by the company and 5 filed against it. Most are in the high courts.
Master Industries was incorporated on 18 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Master Industries by revenue are Highrise Spirits Private Limited, Ganesha Bottling & Beverages Private Limited, Hopwards Private Limited, Jaiswal Distilleries Pvt Ltd, Rocking Bombay Beverages Private Limited and 5 more, all in the Food and Beverages industry (Alcoholic Beverages).
Zeenia Percy Master ceased to be Additional Director on 30 Nov 2021. Zeenia Percy Master was appointed as Director on 01 Feb 2017. Xerrxes Master ceased to be Director on 01 Jan 2008. Master Industries has 6 board changes on record in total.
Master Industries can be reached through the website mastergroups.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Master Industries is at 22D S A Brelvi Raodfort, Mumbai, Maharashtra, India – 400001.
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