Master Trust Limited

BSE: 511768 NSE: MASTERTR
Master Trust Limited - financial services in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN L65991PB1985PLC006414 Incorporated 20 August 1985 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Listed - NSE: MASTERTR · BSE: 511768 Public Limited Company financial services
Data last updated
Market Cap
₹965 Cr
MASTERTR · NSE
Share Price
₹78.73
+0.37% today
Revenue
₹576 Cr
FY 2025-26 · -1.4% YoY
EBITDA
₹236 Cr
Margin 41.0%
Net Profit
₹126 Cr
FY 2025-26 · -3.9% YoY
P/E (TTM)
7.2x
P/B 1.2x
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹12.3 Cr
Issued & subscribed

About Master Trust Limited

Data last updated:

Master Trust Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 20 August 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L65991PB1985PLC006414. Its GSTIN is 03AABCM5833B1Z2 (Punjab). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 511768 and NSE: MASTERTR.

The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.3 Cr. It was formerly known as Arora Financial Consultants Private Limited. It is led by directors including Harjeet Singh Arora (Managing Director) and Anil Kumar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Master Chambers 19 3rd Floor Feroze Gandhi Market, Ludhiana, Punjab, India – 141001.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹575.85 Cr, a decline of 1.4% compared to the previous year. For the same year it recorded a net profit of ₹126.09 Cr (net margin 21.9%) and EBITDA of ₹236.17 Cr (EBITDA margin 41%). The net worth stands at ₹816.91 Cr (up 28% YoY). Total assets are valued at ₹1,046.48 Cr (up 16.6% YoY).

The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.

The company is associated with 1 brand: Master Trust. As per MCA filings, the company has open charges of ₹9.5 Cr and satisfied charges of ₹98 Cr on record. Court records list 96 cases involving the company, including 50 filed by the company and 46 filed against it; 16 cases are pending. The company has 38 deals on record (38 market trades); the latest was in July 2026. Its 7 peer companies in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Puran Associates Private Limited with revenue of ₹549.36 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mastertrust.co.in.

Company details

CIN L65991PB1985PLC006414
Registration Number 006414
Incorporation Date 20 August 1985
ROC Chandigarh
Listing Status Listed - Listed on NSE (MASTERTR); Listed on BSE (511768)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Master Trust has one previous CIN (Corporate Identification Number): U65991PB1985PLC006414. The current CIN is L65991PB1985PLC006414, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65991PB1985PLC006414Current
U65991PB1985PLC006414Previous
Key People
Harjeet Singh Arora Managing Director Anil Kumar Director Harneesh Kaur Arora Director

Contact details

Master Trust Limited's registered office is in Ludhiana, Punjab. Its website is mastertrust.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mastertrust.co.in
  • Social Media
  • Registered Address
    Master Chambers 19 3rd Floor Feroze Gandhi Market, Ludhiana, Punjab, India – 141001
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC

To see the full contact details of Master Trust Limited, buy the company report.

Comprehensive company report
Master Trust 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

Master Trust operates one associated brand: Master Trust. Each brand links to its own profile.

BrandDescriptionWebsite
Master Trust
Diversified investment management services are offered to various clients.mastertrust.co.in

Business activity

The main business activity of Master Trust is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Master Trust Limited, buy the company report.

Financials of Master Trust Limited

FY 2025-26 filings available

Master Trust Limited reported revenue of ₹575.85 Cr (down 1.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹576 Cr
-1.4% YoY
EBITDA
₹236 Cr
-2.8% YoY
Profit After Tax
₹126 Cr
-3.9% YoY
Net Worth
₹817 Cr
+28.0% YoY
Total Assets
₹1,046 Cr
+16.6% YoY
Total Debt
₹228 Cr
-11.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue576584500339331225136
Revenue growth-1.4%+16.7%+47.5%+2.4%+47.4%+65.5%-
EBITDA23624320412010963.3832.83
EBITDA margin+41.0%+41.6%+40.7%+35.4%+32.9%+28.2%+24.2%
Profit before tax17217914484.6971.9342.9013.44
Net profit12613110865.8855.1734.3712.31
Net profit margin+21.9%+22.5%+21.6%+19.4%+16.7%+15.3%+9.1%
EPS (₹)10.6011.6449.4830.1625.2615.735.64
Balance sheet
Total assets1,046898693529397351319
Net worth817638504365300256214
Total debt22825818716296.7095.06104
Cash & bank1,8241,4711,4931,015836576328
Net working capital963714582415314250205
Cash flow
Cash from operations341(108)458177(15.34)(24.48)14.12
Cash from investing(325)53.73(493)(164)5.9911.7218.97
Cash from financing26.3788.8924.940.000.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue150181137127132122148154
Revenue growth (YoY)+13.8%+48.1%-7.6%-17.5%-17.9%---
Other income0.000.000.000.000.000.000.000.00
EBITDA61.8364.0161.0559.3051.8152.8464.1864.16
EBITDA margin+41.3%+35.4%+44.7%+46.7%+39.4%+43.3%+43.4%+41.7%
Depreciation1.041.011.051.101.160.591.101.05
Interest14.5514.2715.3614.9614.7814.8315.8114.55
Profit before tax46.2448.7344.6443.2435.8737.4247.2748.56
Tax11.5912.6713.1211.848.7612.8712.1211.67
Net profit34.6536.0631.5231.4027.1124.5535.1536.89
EPS (₹)2.803.002.702.702.302.103.003.20
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue29.1519.3720.2910.6311.7713.957.68
Revenue growth+50.5%-4.5%+90.9%-9.7%-15.6%+81.6%-
EBITDA27.4917.9318.998.599.404.726.26
EBITDA margin+94.3%+92.6%+93.6%+80.8%+79.9%+33.8%+81.5%
Profit before tax19.7910.158.424.735.591.860.93
Net profit12.237.268.315.685.581.690.79
Net profit margin+42.0%+37.5%+41.0%+53.4%+47.4%+12.1%+10.3%
EPS (₹)1.000.643.802.602.560.770.37
Balance sheet
Total assets820651496347279259215
Net worth728566414305252219184
Total debt92.7085.3382.1741.7626.8540.5231.22
Cash & bank63.5129.7325.782.0526.382.112.40
Net working capital14.0834.7736.279.8336.102.28(10.02)
Cash flow
Cash from operations(41.24)(25.35)1.04(1.59)(31.18)(2.57)(2.48)
Cash from investing(22.58)3.81(26.00)1.6131.132.572.49
Cash from financing63.8121.5424.940.000.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue6.888.309.756.164.945.015.064.93
Revenue growth (YoY)+39.3%+65.7%+92.7%+25.0%-1.6%---
Other income0.000.000.000.000.000.000.000.00
Total expenses0.380.500.390.360.410.310.510.29
EBITDA6.507.809.365.804.534.704.554.64
EBITDA margin+94.5%+94.0%+96.0%+94.2%+91.7%+93.8%+89.9%+94.1%
Depreciation0.000.000.010.000.000.000.010.00
Interest1.852.222.301.301.872.022.102.06
Profit before tax4.655.587.054.502.662.682.442.58
Tax1.171.433.801.670.662.470.330.08

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue150181137127132122148154
Revenue growth (YoY)+13.8%+48.1%-7.6%-17.5%-17.9%---
Other income0.000.000.000.000.000.000.000.00
EBITDA61.8364.0161.0559.3051.8152.8464.1864.16
EBITDA margin+41.3%+35.4%+44.7%+46.7%+39.4%+43.3%+43.4%+41.7%
Depreciation1.041.011.051.101.160.591.101.05
Interest14.5514.2715.3614.9614.7814.8315.8114.55
Profit before tax46.2448.7344.6443.2435.8737.4247.2748.56
Tax11.5912.6713.1211.848.7612.8712.1211.67
Net profit34.6536.0631.5231.4027.1124.5535.1536.89
EPS (₹)2.803.002.702.702.302.103.003.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue576584500339331225136
Revenue growth-1.4%+16.7%+47.5%+2.4%+47.4%+65.5%-
Other income0.000.060.090.120.000.000.00
Total expenses340341297219222161103
Employee cost0.0086.2886.2156.4469.4053.3137.32
EBITDA23624320412010963.3832.83
EBITDA margin+41.0%+41.6%+40.7%+35.4%+32.9%+28.2%+24.2%
Depreciation4.323.743.592.621.971.321.60
Interest59.3760.6356.5032.7235.1619.1617.79
Profit before tax17217914484.6971.9342.9013.44
Tax46.3947.4935.7518.8116.768.531.13
Net profit12613110865.8855.1734.3712.31
Net profit margin+21.9%+22.5%+21.6%+19.4%+16.7%+15.3%+9.1%
EPS (₹)10.6011.6449.4830.1625.2615.735.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.3511.2710.9210.9210.9210.9210.92
Reserves & surplus805608468354289245203
Shareholders' funds (net worth)817638504365300256214
Minority interest1.711.641.631.630.000.001.25
Secured loans93.6676.3927.6975.8424.8013.7842.29
Unsecured loans13418216086.3971.9081.2861.29
Total debt22825818716296.7095.06104
Total liabilities1,046898693529397351319
Assets
Gross block60.1956.8154.1451.5448.0543.5643.50
Net block19.8420.7121.7822.1820.8617.8118.28
Capital work in progress0.000.000.000.000.000.000.00
Investments33.4119.2614.626.096.6914.8118.72
Inventories8.5418.7722.8116.8931.5812.0619.46
Sundry debtors18416112549.6155.7165.9335.14
Cash & bank balances1,8241,4711,4931,015836576328
Loans & advances14411911437.6721.8729.2560.68
Total current assets2,1611,7701,7541,119945684444
Total current liabilities1,1981,0551,172704631433238
Net working capital963714582415314250205
Total assets1,046898693529397351319
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash44.719.6919.486.6215.9728.73295
Net cash from operating activities341(108)458177(15.34)(24.48)14.12
Net cash from investing activities(325)53.73(493)(164)5.9911.7218.97
Net cash from financing activities26.3788.8924.940.000.000.000.00
Net change in cash42.9235.02(9.79)12.86(9.35)(12.77)33.09
Closing cash1,8241,4711,4931,015836576328
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-1.4%+16.7%+47.5%+2.4%+47.4%+65.5%-
EBITDA growth-2.8%+19.2%+70.0%+10.0%+72.1%+93.1%-
PBT growth-3.5%+24.3%+69.8%+17.7%+67.7%+219.2%-31.2%
Net income growth-3.9%+21.4%+64.1%+19.4%+60.5%+179.2%-
Revenue CAGR (3Y)+19.3%+20.8%+30.6%+35.7%+35.1%+14.4%+7.5%
EBITDA CAGR (3Y)+25.4%+30.6%+47.6%+54.0%+47.1%+31.4%+10.0%
Profitability & leverage
Net income margin+21.9%+22.5%+21.6%+19.4%+16.7%+15.3%+9.1%
Return on capital employed-+30.2%+32.9%+25.4%+28.7%+18.6%+10.5%
Return on net worth-+23.0%+24.9%+19.8%+19.9%+14.6%+5.9%
Debt / equity-0.390.400.390.350.420.41
Long-term debt / equity-0.300.290.240.280.310.29
Interest cover25.6125.3428.2227.9032.8330.8756.96
Efficiency & per share
Fixed asset turnover-10.539.476.817.235.163.20
Inventory turnover-28.0925.2214.0015.1914.265.86
Debtors turnover-4.095.736.445.454.452.15
EPS (₹)10.6011.6449.4830.1625.2615.735.64
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0054.95219.43167.10137.27116.9998.07
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue6.888.309.756.164.945.015.064.93
Revenue growth (YoY)+39.3%+65.7%+92.7%+25.0%-1.6%---
Other income0.000.000.000.000.000.000.000.00
Total expenses0.380.500.390.360.410.310.510.29
EBITDA6.507.809.365.804.534.704.554.64
EBITDA margin+94.5%+94.0%+96.0%+94.2%+91.7%+93.8%+89.9%+94.1%
Depreciation0.000.000.010.000.000.000.010.00
Interest1.852.222.301.301.872.022.102.06
Profit before tax4.655.587.054.502.662.682.442.58
Tax1.171.433.801.670.662.470.330.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue29.1519.3720.2910.6311.7713.957.68
Revenue growth+50.5%-4.5%+90.9%-9.7%-15.6%+81.6%-
Other income0.000.650.720.230.010.000.02
Total expenses1.661.441.302.042.379.231.42
Employee cost0.001.031.001.020.980.971.09
EBITDA27.4917.9318.998.599.404.726.26
EBITDA margin+94.3%+92.6%+93.6%+80.8%+79.9%+33.8%+81.5%
Depreciation0.010.000.000.000.010.010.02
Interest7.698.4311.294.093.812.855.33
Profit before tax19.7910.158.424.735.591.860.93
Tax7.562.890.11(0.95)0.010.170.14
Net profit12.237.268.315.685.581.690.79
Net profit margin+42.0%+37.5%+41.0%+53.4%+47.4%+12.1%+10.3%
EPS (₹)1.000.643.802.602.560.770.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.3511.2710.9210.9210.9210.9210.92
Reserves & surplus715536378294241208173
Shareholders' funds (net worth)728566414305252219184
Secured loans37.6113.504.800.0010.691.681.73
Unsecured loans55.0971.8377.3741.7616.1638.8429.49
Total debt92.7085.3382.1741.7626.8540.5231.22
Total liabilities820651496347279259215
Assets
Gross block1.701.701.701.892.592.972.47
Net block0.780.780.790.981.621.931.44
Capital work in progress0.000.000.000.000.000.000.00
Investments540454334253225204171
Inventories3.583.817.758.459.671.324.95
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances63.5129.7325.782.0526.382.112.40
Loans & advances0.882.484.162.314.660.791.18
Total current assets67.9736.0237.6912.8140.714.228.53
Total current liabilities53.891.251.422.984.611.9418.55
Net working capital14.0834.7736.279.8336.102.28(10.02)
Total assets820651496347279259215
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.010.010.030.010.050.052.31
Net cash from operating activities(41.24)(25.35)1.04(1.59)(31.18)(2.57)(2.48)
Net cash from investing activities(22.58)3.81(26.00)1.6131.132.572.49
Net cash from financing activities63.8121.5424.940.000.000.000.00
Net change in cash0.000.00(0.02)0.02(0.05)0.000.01
Closing cash63.5129.7325.782.0526.382.112.40
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+50.5%-4.5%+90.9%-9.7%-15.6%+81.6%-
EBITDA growth+53.3%-5.6%+121.1%-8.6%+99.2%-24.6%-
PBT growth+95.0%+20.6%+78.0%-15.4%+200.5%+100.0%-55.5%
Net income growth+68.5%-12.6%+46.3%+1.8%+230.2%+113.9%-
Revenue CAGR (3Y)+40.0%+18.1%+13.3%+11.4%+12.4%-9.1%+19.1%
EBITDA CAGR (3Y)+47.4%+24.0%+59.1%+11.1%+10.4%+0.4%+27.0%
Profitability & leverage
Net income margin+42.0%+37.5%+41.0%+53.4%+47.4%+12.1%+10.3%
Return on capital employed-+3.2%+4.7%+2.8%+3.5%+2.0%+2.9%
Return on net worth-+1.5%+2.3%+2.0%+2.4%+0.8%+0.5%
Debt / equity-0.170.170.120.140.180.19
Long-term debt / equity-0.150.170.100.120.170.18
Interest cover27.9847.0259.4547.6140.5860.5185.42
Efficiency & per share
Fixed asset turnover-11.7811.704.854.245.133.66
Inventory turnover-3.462.591.202.144.451.12
Debtors turnover-0.000.000.000.000.000.00
EPS (₹)1.000.643.802.602.560.770.37
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0048.51178.23139.54115.51100.1084.14

To see the full year-wise statements and ratios of Master Trust Limited, buy the company report.

Board of directors of Master Trust Limited

Master Trust has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Kumar
Also directs: Vardhman Acrylics Limited, Shivganga Drillers Limited, Hero Ecotech Limited and 1 more
Director28 Aug 20242 Years 2 MonthsCurrent
Harneesh Kaur Arora
Also directs: Eminent Buildwell Private Limited, H.K.Arora Real Estate Services Private Limited, Arora Financial Services Private Limited and 3 more
Director27 Nov 199827 Years 11 MonthsCurrent
Sudhir Kumar
Also directs: Our Broking Services LLP
Director28 Aug 20242 Years 2 MonthsCurrent
Rajiv Kalra
Also directs: Arisudana Industries Limited
Director30 Jun 20206 Years 4 MonthsCurrent
Gurmeet Singh Chawla
Also directs: Master Capital Services Limited, Master Insurance Brokers Limited, Master Portfolio Services Limited and 3 more
Director27 Nov 199827 Years 11 MonthsCurrent
Ravinder Singhania
Also directs: Singhania & Partners LLP, RS Client Reps LLP, Ihma India LLP and 5 more
Director04 Aug 20233 Years 3 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Master Trust Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Master Trust Limitedthis company₹575.85 Cr (FY 2026)₹126.09 Cr21.9%-1.4%1Ludhiana, Punjab, India
Puran Associates Private Limited₹549.36 Cr (FY 2024)26.0%New Delhi, Delhi, India
Midland Microfin Limited₹532.76 Cr (FY 2024)35.0%Jalandhar, Punjab, India
R.K. Bansal Finance Private Limited₹528.24 Cr (FY 2025)2664.0%New Delhi, Delhi, India
Monet Securities Pvt. Ltd.₹507.64 Cr (FY 2024)242.0%Kolkata, West Bengal, India
Light Microfinance Private Limited₹494.93 Cr (FY 2025)-5.0%New Delhi, Delhi, India
Keertana Finserv Limited₹485.5 Cr (FY 2025)75.0%Kolkata, West Bengal, India
Whizdm Finance Private Limited₹481.72 Cr (FY 2024)577.0%Bangalore, Karnataka, India

To see the full peer comparison of Master Trust Limited, buy the company report.

Auditor

Master Trust Limited is audited by C.S.ARORA & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
C.S.ARORA & ASSOCIATESFY 201915130N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 71.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 28.10%.

Promoters: 71.90%Retail & Others: 28.10%
Sep 2026
QUARTER
71.90% Promoters
28.10% Retail & Others
Promoter holding - history
Now 71.90% · Sep 2026High 71.90% · Dec 2025Low 71.90% · Dec 2025
70%70.8%71.5%72.3%73%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 71.90%Mar 2026: 71.90%Jun 2026: 71.90%Sep 2026: 71.90%71.90%71.90%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters71.90%71.90%71.90%71.90%
Public28.10%28.10%28.10%28.10%

Charges & borrowings

Open charges
₹9.5 Cr
Satisfied charges
₹98 Cr
Breakdown by lending institutions
Others₹9.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jun 2025101119666Others₹9.5 CrOpen
16 Jul 201010232284Canara Bank₹12 CrSatisfied
23 Apr 201010218421Dena Bank₹10 CrSatisfied
18 Mar 201010211338Oriental Bank of Commerce₹10 CrSatisfied
18 Dec 200910194127Ckarnataka Bank Limited₹16 CrSatisfied

To see the full charge records of Master Trust Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Master Trust Limited has 38 deals on record (38 market trades); the latest was in July 2026.

Total deals
38
Market trades
38

Deals on record (5 of 38)

WhenDealAmountParties
Jul 2026Market trade₹6.14 CrBuyer: Hrti Private Limited
Seller: Hrti Private Limited
Jul 2026Market trade₹21.21 CrBuyer: Junomoneta Finsol Private Limited , Hrti Private Limited , Qe Securities LLP
Seller: Junomoneta Finsol Private Limited , Qe Securities LLP , Hrti Private Limited
Jul 2026Market trade₹33.83 CrBuyer: Hrti Private Limited , NK Securities Research Private Limited , Junomoneta Finsol Private Limited
Seller: NK Securities Research Private Limited , Hrti Private Limited , Junomoneta Finsol Private Limited
Jun 2026Market trade₹25.17 CrBuyer: NK Securities Research Private Limited , Junomoneta Finsol Private Limited , Qe Securities LLP
Seller: NK Securities Research Private Limited , Junomoneta Finsol Private Limited , Qe Securities LLP
Jun 2026Market trade₹8.31 CrBuyer: Irage Broking Services LLP
Seller: Irage Broking Services LLP

To see the full deal history of Master Trust Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Master Trust Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Master Trust has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

6
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Master Insurance Brokers LimitedU17219PB1995PLC017006
Mastertrust Wealth Private LimitedU65100CH2012PTC041871
Master Infrastructure and Real Estate Developers LimitedU65100PB1991PLC011630
Master Portfolio Services LimitedU67120GJ1994PLC124853
Master Commodity Services LimitedU67120PB1991PLC011574
Master Capital Services LimitedU67190HR1994PLC076366

To see the full group structure of Master Trust Limited, buy the company report.

Employees & EPFO

Master Trust Limited has a workforce of 1 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1

GST

Master Trust has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AABCM5833B1Z2PunjabActive01 Jul 2017
07AABCM5833B1ZUDelhiActive01 Jul 2017
27AABCM5833B1ZSMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Master Trust Limited, buy the company report.

Recent activity

Master Trust Limited has 20 board changes on record since 1992: 8 appointments and 12 cessations. The latest: Ashwani Kumar ceased to be Director on 30 Sep 2024.

Filing
Master Trust Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chandigarh.
AGM
Master Trust Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 9.50 Cr with Charge ID 101119666 was registered on 16 Jun 2025.
Ceased
Ashwani Kumar ceased to be Director.
Ceased
Pavan Kumar Chhabra ceased to be Director.
Ceased
Anil Kumar ceased to be Additional Director.
Appointed
Anil Kumar was appointed as Director.
Appointed
Sudhir Kumar was appointed as Director.
Ceased
Ravinder Singhania ceased to be Additional Director.
Ceased
Anil Bhatia ceased to be Director.
Appointed
Ravinder Singhania was appointed as Director.
Ceased
Rajiv Kalra ceased to be Additional Director.

36 earlier events are in the company report.

News

Frequently asked questions

Master Trust is an active public limited company based in Ludhiana, Punjab, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 20 August 1985 (41+ years old) and is registered under CIN L65991PB1985PLC006414. Listed on BSE: 511768 and NSE: MASTERTR.

Master Trust reported revenue of ₹575.85 Cr for FY 2025-26 (down 1.4% YoY) based on consolidated financials.

Master Trust has 8 current directors:

The latest financial statements of Master Trust on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Master Trust is 03AABCM5833B1Z2, registered in Punjab. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 07AABCM5833B1ZU (Delhi), 27AABCM5833B1ZS (Maharashtra).

The CIN (Corporate Identification Number) of Master Trust is L65991PB1985PLC006414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Master Trust is a listed company as per MCA records. Its shares are listed on both BSE (code: 511768) and NSE (symbol: MASTERTR).

Master Trust has 96 court cases on record: 50 filed by the company and 46 filed against it. 16 are pending. Most are in the district courts.

Master Trust was incorporated on 20 August 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chandigarh.

Master Trust has 38 deals on record (38 market trades); the latest was in July 2026.

The peers of Master Trust by revenue are Puran Associates Private Limited, Midland Microfin Limited, R.K. Bansal Finance Private Limited, Monet Securities Pvt. Ltd, Light Microfinance Private Limited and 2 more, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).