MASTER - Master Component
Financial Performance
Revenue Growth by Segment
Post-amalgamation, the combined turnover is approximately INR 40.73 Cr. Master Moulds Private Limited (Transferor) contributes INR 3.96 Cr, which represents approximately 9.7% of the combined entity's pro-forma turnover. Master Components Limited (Transferee) reported a standalone turnover of INR 36.77 Cr as of September 30, 2025.
Geographic Revenue Split
100% of the company's registered operations are based in Nashik, Maharashtra, with offices located in the M.I.D.C. Ambad industrial area.
Profitability Margins
As of September 30, 2025, Master Components Limited reported a net worth of INR 32.45 Cr against assets of INR 51.65 Cr (62.8% equity-to-asset ratio). Master Moulds reported a net worth of INR 6.66 Cr against assets of INR 9.27 Cr (71.8% equity-to-asset ratio). Specific net profit margins were not disclosed.
Operational Drivers
Raw Materials
The company utilizes materials for manufacturing tools, moulds, jigs, fixtures, and engineering components. Specific raw material names (e.g., steel grades or polymer types) are not disclosed.
Capacity Expansion
The company is expanding its operational base through the amalgamation of its sister concern, Master Moulds Private Limited, to pool resources and finances into one consolidated entity. Specific MT or unit capacity is not disclosed.
Manufacturing Efficiency
The company aims to achieve productivity improvements and standardization of business processes through the combined operations of the Transferor and Transferee companies.
Strategic Growth
Growth Strategy
Growth will be achieved through the amalgamation of Master Moulds Private Limited, which is expected to result in operational rationalization, optimal utilization of resources, and increased business opportunities through enhanced customer service and synergy.
Products & Services
Tools, moulds, jigs, fixtures, engineering components, engineering instruments, and machine tools.
Brand Portfolio
Master Components Limited, Master Moulds Private Limited.
Market Expansion
The company plans to streamline operations to achieve more focused operational efforts and productivity improvements, though specific target regions are not disclosed.
Strategic Alliances
Amalgamation with sister concern Master Moulds Private Limited (Transferor Company).
External Factors
Industry Trends
The industry is seeing a trend toward consolidation of sister concerns to reduce compliance burdens and achieve economies of scale in the manufacturing of engineering tools and moulds.
Competitive Landscape
The company operates in the engineering and allied industries, competing in the manufacturing and marketing of machine tools and fixtures.
Competitive Moat
The company's moat is built on its integrated ability to design, mould, and fabricate engineering components. This is strengthened by the amalgamation which combines the design and manufacturing capabilities of two sister concerns into a single entity.
Regulatory & Governance
Industry Regulations
Operations are subject to the Companies Act 2013, SEBI Listing Regulations, and the upcoming sanction of the Scheme of Amalgamation by the National Company Law Tribunal (NCLT), Mumbai Bench.
Legal Contingencies
The company is currently undergoing the legal process for the Scheme of Amalgamation of Master Moulds Private Limited with Master Components Limited, which requires approval from the NCLT, SEBI, and Stock Exchanges.
Risk Analysis
Key Uncertainties
The primary uncertainty is the successful integration of the Transferor company and the receipt of all necessary statutory and regulatory approvals for the amalgamation.
Geographic Concentration Risk
High geographic concentration with 100% of registered offices and manufacturing facilities located in Nashik, Maharashtra.