1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Miscellaneous manufacturing
Master Components Limited

Master Components Limited

NNSE:MASTER
393.35
INR
-1.10
(-0.28%)
Master Components Limited
NSE:MASTER
(National Stock Exchange of India)

Recent

price

393.35

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
INR
37.6
32.77
45.27
51.77
69.28
105.99
185.95
- -
Revenue per Share
3.3
1.93
2.34
4.28
7.33
16.23
18.61
- -
Basic EPS, GAAP
4.89
3.26
1.34
2.4
-5.18
-25.95
-8.28
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.5
- -
Dividend per Share
20.62
22.53
24.87
29.13
57.49
73.73
91.97
29.13
Book Value per Share
20.62
22.53
24.87
29.13
57.49
73.73
91.97
29.13
Tangible Book Value per Share
4
4
4
4
4
4
4
4
Basic Weighted Avg Shares
150
131
181
207
253
424
744
- -
Sales/Revenue/Turnover
15.18
9.81
8.06
11.65
13.18
12.43
14.13
- -
Operating Margin (%)
10
9
9
8
9
12
18
- -
Depreciation Expense
13
8
9
17
27
65
74
- -
Net Income, GAAP
30.56
26.72
28.07
29.35
24.75
25.19
25.36
- -
Effective Tax Rate (%)
8.79
5.89
5.18
8.26
10.58
15.31
10.01
- -
Profit Margin (%)
29
27
35
43
125
64
127
43
Working Capital
23
11
3
3
- -
- -
32
3
LT Debt
82
90
99
117
230
295
368
117
Total Equity
- -
8.04
9.14
13.45
13.53
21.67
18.42
- -
Return on Invested Capital (%)
- -
8.29
9.2
14.62
15.32
23.4
19.1
- -
Return on Capital (%)
- -
8.94
9.89
15.84
15.44
24.74
22.46
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'23
ST Debt
6
LT Borrowings
3
LT Finance Leases
- -
Preferred Equity and Hybrid Capital
- -
Shares Outstanding
4
Market Capitalization
- -

Working Capital

INR

•

in mil. unless spec.
Mar'23
Total Current Assets
85
Cash, Cash Equivalents & STI
1
Accounts Receivable, Net
46
Inventories
27
Total Current Liabilities
42
Payables & Accruals
- -
ST Debt
6
Deferred Revenue
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
35.57%
24.74%
Free Cash Flow
- -
20.82%
-68.1%
Net Income, GAAP
- -
63.53%
14.64%
Sales/Revenue/Turnover
- -
43.55%
75.41%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
253
2025
- -
- -
424
2026
- -
- -
744

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
7.33
2025
- -
- -
16.23
2026
- -
- -
18.61

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
0.5
Similar Companies
Astral Limited (NSE:ASTRAL)
Supreme Industries Limited (NSE:SUPREMEIND)
V.S. Industry Bhd. (MYX:VS)
Izmir Firca Sanayi ve Ticaret AS (BIST:IZFAS)
Kuzey Boru A.S. (BIST:KBORU)
Isik Plastik Sanayi VE Dis Ticaret Pazarlama AS (BIST:ISKPL)
Business
Master Components Ltd (MASTER.NS) manufactures plastic engineering components and sub-assemblies for the electrical, automotive, medical, industrial, and home appliances sectors. The company offers thermoplastic injection moulding; thermoset injection moulding; thermoset transfer moulding; compression moulding; precision components, sub-assemblies, and assemblies; mould design and manufacturing; reverse engineering; product design; and additive manufacturing services. IATF 16949:2016 and ISO 9001:2015 certified, it serves diverse engineering and allied industries from its facilities in Nashik, India, with operations focused domestically. Incorporated in 1999 and headquartered at Plot No. D-10/A and D-10/B, M.I.D.C. Ambad, Nashik, Maharashtra, the company operates as part of the Master Group, which includes Master Moulds Pvt Ltd and Master Nidavellir AeroMed Pvt Ltd. It listed on the NSE Emerge platform following its initial public offering in 2023, transitioning from Master Components Pvt Ltd to its current incorporated status. In recent developments, Master Components entered a five-year licensing agreement effective April 1, 2025, for a new manufacturing facility in Nashik at a monthly rent of Rs 475,000 with five percent annual escalation to expand production of components, tools, moulds, and machine tools. The company placed a Rs 47.7 lakh order in July 2025 for an injection moulding machine with robot interface, delivery scheduled by August 30, 2025, to enhance capabilities. It held its 26th annual general meeting on August 4, 2025, approving financials, declaring a final dividend of Rs 0.50 per share, reappointing directors, and appointing M/s MDSB & Co. LLP as secretarial auditor for FY 2025-26 to 2029-30; the company also installed solar panels to shift major energy loads to alternate sources.