Master Trust Ltd.
•₹ 84.998.96%
2026-08-21
PROS
- Asset quality is healthy - gross NPA of just 0.0%
- Solid return on assets for a lender - ROA of 1.3%
- Latest quarter profit grew 74.0% YoY, showing strong momentum
- Operating margins have improved to 92.4% from 80.0%
- Company has delivered good sales growth of 19.7% CAGR over last 5 years
CONS
- Capital adequacy is tight at 0.0% - limited headroom to grow
- Recent results are weak - TTM profit is down 52.3% versus prior year
- Company has a low return on capital employed of 3.6%
- Company has a low return on equity of 2.0% over last 3 years
- Thin net interest margin of 0.0%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BAJFINANCE | 1095.15 | 33.58 | 681835.39 | 0.55 | 6080.60 | 27.60 | 23165.45 | 20.37 | 10.87 | 70.70 |
| 2. | SHRIRAMFIN | 1125.05 | 23.39 | 264722.41 | 0.96 | 3452.77 | 59.90 | 13400.43 | 17.46 | 11.49 | 74.63 |
| 3. | CHOLAFIN | 1910.00 | 28.36 | 163126.61 | 0.10 | 1656.22 | 45.56 | 8856.29 | 21.89 | 9.70 | 70.07 |
| 4. | JIOFIN | 244.95 | 78.27 | 161743.95 | 0.24 | 830.25 | 155.73 | 2004.47 | 227.28 | 2.11 | 69.71 |
| 5. | TATACAP | 365.60 | 28.72 | 155192.41 | 0.16 | 16281.80 | 1464.16 | 88219.30 | 1051.00 | 8.66 | 75.72 |
| 6. | BAJAJHLDNG | 11353.35 | 14.27 | 126355.42 | 1.72 | 2708.08 | -92.27 | 394.33 | 23.34 | 14.81 | 684.72 |
| 7. | MUTHOOTFIN | 2972.00 | 10.49 | 119316.43 | 1.01 | 2824.84 | 43.08 | 8671.60 | 36.25 | 15.87 | 83.76 |
| 8. | ABCAPITAL | 408.00 | 27.21 | 111671.47 | 0.00 | 1223.85 | 43.85 | 12179.54 | 137.84 | 8.82 | 41.91 |
| 9. | LTF | 314.90 | 24.80 | 78915.38 | 0.87 | 915.99 | 30.70 | 5212.92 | 22.38 | 8.54 | 62.13 |
| 10. | SBICARD | 646.05 | 0.00 | 61480.86 | 0.39 | 664.44 | 19.51 | 5040.55 | 7.60 | 11.75 | 29.83 |
| 11. | HDBFS | 691.85 | 26.41 | 57468.10 | 0.58 | 785.20 | 38.31 | 4937.90 | 18.71 | 9.09 | 57.98 |
| 12. | MASTERTR | 77.97 | 7.18 | 959.16 | 0.00 | 34.65 | 27.81 | 149.79 | 83.84 | 30.16 | 41.28 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 5 | 4 | 7 | 5 | 4 | 5 | 5 | 5 | 5 | 7 | 7 | 7 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 3 | 2 | 4 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 3 | 4 | 7 | 6 | 5 | |
| Tax % | 0.00% | 0.00% | 2.67% | 2.46% | 0.41% | 3.10% | 13.52% | 92.16% | 24.81% | 37.11% | 53.90% | 25.63% | 25.16% |
| Net Profit | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 0 | 2 | 3 | 3 | 4 | 3 |
| 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 4
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 5
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 0
- 2
- Tax %
- 0.00%
- Net Profit
- 2
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 4
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 2
- Tax %
- 2.67%
- Net Profit
- 1
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 7
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 0
- 3
- Tax %
- 2.46%
- Net Profit
- 3
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 5
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 2
- Tax %
- 0.41%
- Net Profit
- 2
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 4
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 3
- Tax %
- 3.10%
- Net Profit
- 2
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 5
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 2
- Tax %
- 13.52%
- Net Profit
- 2
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 5
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 3
- Tax %
- 92.16%
- Net Profit
- 0
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 5
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 3
- Tax %
- 24.81%
- Net Profit
- 2
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 5
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 4
- Tax %
- 37.11%
- Net Profit
- 3
- 0
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 7
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 7
- Tax %
- 53.90%
- Net Profit
- 3
- 0
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 7
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 6
- Tax %
- 25.63%
- Net Profit
- 4
- 0
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 7
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 5
- Tax %
- 25.16%
- Net Profit
- 3
- 0
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 6 | 19 | 8 | 8 | 14 | 12 | 10 | 20 | 19 | 26 | |
| 7 | 3 | 16 | 1 | 1 | 10 | 2 | 2 | 1 | 1 | 3 | |
| Operating Profit | 4 | 3 | 5 | 7 | 6 | 5 | 9 | 9 | 20 | 19 | — |
| OPM % | 37 | 53 | 25 | 84 | 82 | 34 | 80 | 87 | 99 | 99 | — |
| Other Income | 0 | 0 | 2 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 0 |
| Interest | 4 | 2 | 3 | 5 | 5 | 3 | 4 | 4 | 11 | 8 | 8 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 1 | 2 | 2 | 1 | 2 | 6 | 5 | 8 | 10 | 22 | |
| Tax % | 80 | 17 | -2 | 12 | 14 | 9 | 0 | -20 | 1 | 28 | 37 |
| Net Profit | 0 | 1 | 2 | 2 | 1 | 2 | 6 | 6 | 8 | 7 | 14 |
| EPS | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 3 | 4 | 1 | — |
| Dividend Payout % | 0 | 0 | 60 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | — |
Mar 2016
- 11
- 7
- Operating Profit
- 4
- OPM %
- 37
- Other Income
- 0
- Interest
- 4
- Depreciation
- 0
- 0
- Tax %
- 80
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 6
- 3
- Operating Profit
- 3
- OPM %
- 53
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 1
- Tax %
- 17
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 19
- 16
- Operating Profit
- 5
- OPM %
- 25
- Other Income
- 2
- Interest
- 3
- Depreciation
- 0
- 2
- Tax %
- -2
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 60
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 8
- 1
- Operating Profit
- 7
- OPM %
- 84
- Other Income
- 0
- Interest
- 5
- Depreciation
- 0
- 2
- Tax %
- 12
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 8
- 1
- Operating Profit
- 6
- OPM %
- 82
- Other Income
- 0
- Interest
- 5
- Depreciation
- 0
- 1
- Tax %
- 14
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 14
- 10
- Operating Profit
- 5
- OPM %
- 34
- Other Income
- 1
- Interest
- 3
- Depreciation
- 0
- 2
- Tax %
- 9
- Net Profit
- 2
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 12
- 2
- Operating Profit
- 9
- OPM %
- 80
- Other Income
- 0
- Interest
- 4
- Depreciation
- 0
- 6
- Tax %
- 0
- Net Profit
- 6
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 10
- 2
- Operating Profit
- 9
- OPM %
- 87
- Other Income
- 1
- Interest
- 4
- Depreciation
- 0
- 5
- Tax %
- -20
- Net Profit
- 6
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 20
- 1
- Operating Profit
- 20
- OPM %
- 99
- Other Income
- 1
- Interest
- 11
- Depreciation
- 0
- 8
- Tax %
- 1
- Net Profit
- 8
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2025
- 19
- 1
- Operating Profit
- 19
- OPM %
- 99
- Other Income
- 1
- Interest
- 8
- Depreciation
- 0
- 10
- Tax %
- 28
- Net Profit
- 7
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 26
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 8
- Depreciation
- 0
- 22
- Tax %
- 37
- Net Profit
- 14
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 1%
- 5 Years:
- 20%
- 3 Years:
- 17%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 7%
- 5 Years:
- 55%
- 3 Years:
- 9%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -44%
RETURN ON EQUITY
- 10 Years:
- 1%
- 5 Years:
- 2%
- 3 Years:
- 2%
- Last Year:
- 2%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| 64 | 65 | 65 | 167 | 173 | 208 | 241 | 294 | 378 | 536 | |
| 51 | 26 | 36 | 37 | 31 | 41 | 27 | 42 | 82 | 85 | |
| 11 | 11 | 7 | 51 | 41 | 33 | 40 | -1 | 24 | 20 | |
| Total Liabilities | 137 | 112 | 119 | 265 | 256 | 293 | 319 | 345 | 495 | 652 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 20 | 19 | 32 | 165 | 173 | 206 | 225 | 253 | 334 | 454 | |
| 6 | 4 | 4 | 9 | 5 | 1 | 10 | 8 | 8 | 4 | |
| Cash & Bank | 2 | 3 | 2 | 2 | 2 | 2 | 26 | 2 | 26 | 30 |
| 109 | 86 | 80 | 89 | 76 | 83 | 58 | 81 | 128 | 164 | |
| Total Assets | 137 | 112 | 119 | 265 | 256 | 293 | 319 | 345 | 495 | 652 |
| Total Debt | 51 | 26 | 36 | 37 | 31 | 41 | 27 | 42 | 82 | 85 |
| Net Working Capital | 52 | 56 | 43 | 32 | 32 | 43 | 64 | 44 | 82 | 128 |
| Contingent Liabilities | 72 | 72 | 49 | 50 | 50 | 100 | 200 | 485 | 570 | 605 |
| Book Value per Share | 68.67 | 69.27 | 69.92 | 163.09 | 84.40 | 100.43 | 115.93 | 140.03 | 178.83 | 48.67 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 1.00 |
| Total Debt | 51 | 26 | 36 | 37 | 31 | 41 | 27 | 42 | 82 | 85 |
| Net Working Capital | 52 | 56 | 43 | 32 | 32 | 43 | 64 | 44 | 82 | 128 |
| Contingent Liabilities | 72 | 72 | 49 | 50 | 50 | 100 | 200 | 485 | 570 | 605 |
| Book Value per Share | 68.67 | 69.27 | 69.92 | 163.09 | 84.40 | 100.43 | 115.93 | 140.03 | 178.83 | 48.67 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 1.00 |
Mar 2016
- Equity Capital
- 11
- 64
- 51
- 11
- Total Liabilities
- 137
- 0
- 20
- 6
- Cash & Bank
- 2
- 109
- Total Assets
- 137
- Total Debt
- 51
- Net Working Capital
- 52
- Contingent Liabilities
- 72
- Book Value per Share
- 68.67
- Face Value
- 10.00
- Total Debt
- 51
- Net Working Capital
- 52
- Contingent Liabilities
- 72
- Book Value per Share
- 68.67
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 11
- 65
- 26
- 11
- Total Liabilities
- 112
- 0
- 19
- 4
- Cash & Bank
- 3
- 86
- Total Assets
- 112
- Total Debt
- 26
- Net Working Capital
- 56
- Contingent Liabilities
- 72
- Book Value per Share
- 69.27
- Face Value
- 10.00
- Total Debt
- 26
- Net Working Capital
- 56
- Contingent Liabilities
- 72
- Book Value per Share
- 69.27
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 11
- 65
- 36
- 7
- Total Liabilities
- 119
- 0
- 32
- 4
- Cash & Bank
- 2
- 80
- Total Assets
- 119
- Total Debt
- 36
- Net Working Capital
- 43
- Contingent Liabilities
- 49
- Book Value per Share
- 69.92
- Face Value
- 10.00
- Total Debt
- 36
- Net Working Capital
- 43
- Contingent Liabilities
- 49
- Book Value per Share
- 69.92
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 11
- 167
- 37
- 51
- Total Liabilities
- 265
- 0
- 165
- 9
- Cash & Bank
- 2
- 89
- Total Assets
- 265
- Total Debt
- 37
- Net Working Capital
- 32
- Contingent Liabilities
- 50
- Book Value per Share
- 163.09
- Face Value
- 10.00
- Total Debt
- 37
- Net Working Capital
- 32
- Contingent Liabilities
- 50
- Book Value per Share
- 163.09
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 11
- 173
- 31
- 41
- Total Liabilities
- 256
- 0
- 173
- 5
- Cash & Bank
- 2
- 76
- Total Assets
- 256
- Total Debt
- 31
- Net Working Capital
- 32
- Contingent Liabilities
- 50
- Book Value per Share
- 84.40
- Face Value
- 5.00
- Total Debt
- 31
- Net Working Capital
- 32
- Contingent Liabilities
- 50
- Book Value per Share
- 84.40
- Face Value
- 5.00
Mar 2021
- Equity Capital
- 11
- 208
- 41
- 33
- Total Liabilities
- 293
- 0
- 206
- 1
- Cash & Bank
- 2
- 83
- Total Assets
- 293
- Total Debt
- 41
- Net Working Capital
- 43
- Contingent Liabilities
- 100
- Book Value per Share
- 100.43
- Face Value
- 5.00
- Total Debt
- 41
- Net Working Capital
- 43
- Contingent Liabilities
- 100
- Book Value per Share
- 100.43
- Face Value
- 5.00
Mar 2022
- Equity Capital
- 11
- 241
- 27
- 40
- Total Liabilities
- 319
- 0
- 225
- 10
- Cash & Bank
- 26
- 58
- Total Assets
- 319
- Total Debt
- 27
- Net Working Capital
- 64
- Contingent Liabilities
- 200
- Book Value per Share
- 115.93
- Face Value
- 5.00
- Total Debt
- 27
- Net Working Capital
- 64
- Contingent Liabilities
- 200
- Book Value per Share
- 115.93
- Face Value
- 5.00
Mar 2023
- Equity Capital
- 11
- 294
- 42
- -1
- Total Liabilities
- 345
- 0
- 253
- 8
- Cash & Bank
- 2
- 81
- Total Assets
- 345
- Total Debt
- 42
- Net Working Capital
- 44
- Contingent Liabilities
- 485
- Book Value per Share
- 140.03
- Face Value
- 5.00
- Total Debt
- 42
- Net Working Capital
- 44
- Contingent Liabilities
- 485
- Book Value per Share
- 140.03
- Face Value
- 5.00
Mar 2024
- Equity Capital
- 11
- 378
- 82
- 24
- Total Liabilities
- 495
- 0
- 334
- 8
- Cash & Bank
- 26
- 128
- Total Assets
- 495
- Total Debt
- 82
- Net Working Capital
- 82
- Contingent Liabilities
- 570
- Book Value per Share
- 178.83
- Face Value
- 5.00
- Total Debt
- 82
- Net Working Capital
- 82
- Contingent Liabilities
- 570
- Book Value per Share
- 178.83
- Face Value
- 5.00
Mar 2025
- Equity Capital
- 11
- 536
- 85
- 20
- Total Liabilities
- 652
- 0
- 454
- 4
- Cash & Bank
- 30
- 164
- Total Assets
- 652
- Total Debt
- 85
- Net Working Capital
- 128
- Contingent Liabilities
- 605
- Book Value per Share
- 48.67
- Face Value
- 1.00
- Total Debt
- 85
- Net Working Capital
- 128
- Contingent Liabilities
- 605
- Book Value per Share
- 48.67
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -7 | -1 | 3 | 2 | -2 | -3 | -31 | -2 | 1 | -22 | |
| Cash from Investing | 6 | 2 | -3 | -1 | 2 | 3 | 31 | 2 | -26 | 4 |
| Cash from Financing | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 25 | 18 |
| -1 | 1 | -0 | -0 | 0 | 0 | -0 | 0 | -0 | 0 | |
| Free Cash Flow | -7 | -1 | 3 | 2 | -2 | -3 | -31 | -2 | 1 | -22 |
| OCF / Net Profit | -144.52 | -1.51 | 1.48 | 1.23 | -3.07 | -1.52 | -5.58 | -0.28 | 0.13 | -3.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -5 | -1 | -31 | -36 | -37 | -56 |
| OCF / Net Profit | -144.52 | -1.51 | 1.48 | 1.23 | -3.07 | -1.52 | -5.58 | -0.28 | 0.13 | -3.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -5 | -1 | -31 | -36 | -37 | -56 |
Mar 2016
- -7
- Cash from Investing
- 6
- Cash from Financing
- 0
- -1
- Free Cash Flow
- -7
- OCF / Net Profit
- -144.52
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -144.52
- Cumulative 5-Year FCF
- 0
Mar 2017
- -1
- Cash from Investing
- 2
- Cash from Financing
- 0
- 1
- Free Cash Flow
- -1
- OCF / Net Profit
- -1.51
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.51
- Cumulative 5-Year FCF
- 0
Mar 2018
- 3
- Cash from Investing
- -3
- Cash from Financing
- 0
- -0
- Free Cash Flow
- 3
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
Mar 2019
- 2
- Cash from Investing
- -1
- Cash from Financing
- -1
- -0
- Free Cash Flow
- 2
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 0
Mar 2020
- -2
- Cash from Investing
- 2
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -2
- OCF / Net Profit
- -3.07
- Cumulative 5-Year FCF
- -5
- OCF / Net Profit
- -3.07
- Cumulative 5-Year FCF
- -5
Mar 2021
- -3
- Cash from Investing
- 3
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -3
- OCF / Net Profit
- -1.52
- Cumulative 5-Year FCF
- -1
- OCF / Net Profit
- -1.52
- Cumulative 5-Year FCF
- -1
Mar 2022
- -31
- Cash from Investing
- 31
- Cash from Financing
- 0
- -0
- Free Cash Flow
- -31
- OCF / Net Profit
- -5.58
- Cumulative 5-Year FCF
- -31
- OCF / Net Profit
- -5.58
- Cumulative 5-Year FCF
- -31
Mar 2023
- -2
- Cash from Investing
- 2
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -2
- OCF / Net Profit
- -0.28
- Cumulative 5-Year FCF
- -36
- OCF / Net Profit
- -0.28
- Cumulative 5-Year FCF
- -36
Mar 2024
- 1
- Cash from Investing
- -26
- Cash from Financing
- 25
- -0
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- -37
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- -37
Mar 2025
- -22
- Cash from Investing
- 4
- Cash from Financing
- 18
- 0
- Free Cash Flow
- -22
- OCF / Net Profit
- -3.06
- Cumulative 5-Year FCF
- -56
- OCF / Net Profit
- -3.06
- Cumulative 5-Year FCF
- -56
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.04 | 0.54 | 1.68 | 1.70 | 0.37 | 0.78 | 2.57 | 2.61 | 3.82 | 0.65 |
| Book Value (₹) | 68.67 | 69.27 | 69.92 | 163.09 | 84.40 | 100.43 | 115.93 | 140.03 | 178.83 | 48.67 |
| Dividend per Share (₹) | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.01 | 0.06 | 0.17 | 0.17 | 0.08 | 0.16 | 0.51 | 0.52 | 0.76 | 0.65 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 36.79% | 52.76% | 25.09% | 84.14% | 81.82% | 33.85% | 80.01% | 86.88% | 93.48% | 92.36% |
| Net Margin % | 0.44% | 10.19% | 9.81% | 22.29% | 10.49% | 12.13% | 47.44% | 55.97% | 41.74% | 38.50% |
| ROE % | 0.06% | 0.79% | 2.41% | 1.46% | 0.45% | 0.84% | 2.37% | 2.04% | 2.39% | 1.55% |
| ROCE % | 2.97% | 2.63% | 4.32% | 4.26% | 2.92% | 1.99% | 3.50% | 2.82% | 4.68% | 3.24% |
| 0.03% | 0.47% | 1.58% | 0.96% | 0.31% | 0.62% | 1.82% | 1.71% | 1.98% | 1.26% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 240 | 316 | 81 | 281 | 326 | 82 | 170 | 326 | 149 | 112 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 240 | 316 | 81 | 281 | 326 | 82 | 170 | 326 | 149 | 112 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.68x | 0.34x | 0.47x | 0.21x | 0.17x | 0.19x | 0.11x | 0.14x | 0.21x | 0.16x |
| Interest Coverage (x) | 1.07x | 1.31x | 1.64x | 1.43x | 1.18x | 1.65x | 2.47x | 2.16x | 1.75x | 2.20x |
| 1.84x | 2.53x | 2.01x | 1.48x | 1.65x | 2.02x | 3.28x | 1.98x | 1.98x | 2.49x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -34.87% | -47.22% | 220.03% | -55.39% | -7.40% | 81.62% | -15.67% | -13.71% | 95.91% | -5.27% |
| Operating Profit Growth % | -72.87% | -24.30% | 52.19% | 49.61% | -9.96% | -24.85% | 99.30% | -6.29% | 123.33% | -5.70% |
| Net Profit Growth % | -98.69% | 1133.33% | 208.28% | 1.32% | -56.41% | 109.93% | 229.96% | 1.81% | 46.09% | -12.62% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 46.09% | -83.07% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 37.70x | 194.46x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.02x | 2.58x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 82.30x | 78.94x |
Mar 2016
- EPS (₹)
- 0.04
- Book Value (₹)
- 68.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.01
- Operating Margin %
- 36.79%
- Net Margin %
- 0.44%
- ROE %
- 0.06%
- ROCE %
- 2.97%
- 0.03%
- Debtor Days
- 0
- Inventory Days
- 240
- Payable Days
- 0
- 240
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 1.07x
- 1.84x
- Revenue Growth %
- -34.87%
- Operating Profit Growth %
- -72.87%
- Net Profit Growth %
- -98.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.54
- Book Value (₹)
- 69.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.06
- Operating Margin %
- 52.76%
- Net Margin %
- 10.19%
- ROE %
- 0.79%
- ROCE %
- 2.63%
- 0.47%
- Debtor Days
- 0
- Inventory Days
- 316
- Payable Days
- 0
- 316
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- 1.31x
- 2.53x
- Revenue Growth %
- -47.22%
- Operating Profit Growth %
- -24.30%
- Net Profit Growth %
- 1133.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 1.68
- Book Value (₹)
- 69.92
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 0.17
- Operating Margin %
- 25.09%
- Net Margin %
- 9.81%
- ROE %
- 2.41%
- ROCE %
- 4.32%
- 1.58%
- Debtor Days
- 0
- Inventory Days
- 81
- Payable Days
- 0
- 81
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 1.64x
- 2.01x
- Revenue Growth %
- 220.03%
- Operating Profit Growth %
- 52.19%
- Net Profit Growth %
- 208.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.70
- Book Value (₹)
- 163.09
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.17
- Operating Margin %
- 84.14%
- Net Margin %
- 22.29%
- ROE %
- 1.46%
- ROCE %
- 4.26%
- 0.96%
- Debtor Days
- 0
- Inventory Days
- 281
- Payable Days
- 0
- 281
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 1.43x
- 1.48x
- Revenue Growth %
- -55.39%
- Operating Profit Growth %
- 49.61%
- Net Profit Growth %
- 1.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.37
- Book Value (₹)
- 84.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.08
- Operating Margin %
- 81.82%
- Net Margin %
- 10.49%
- ROE %
- 0.45%
- ROCE %
- 2.92%
- 0.31%
- Debtor Days
- 0
- Inventory Days
- 326
- Payable Days
- 0
- 326
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 1.18x
- 1.65x
- Revenue Growth %
- -7.40%
- Operating Profit Growth %
- -9.96%
- Net Profit Growth %
- -56.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.78
- Book Value (₹)
- 100.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.16
- Operating Margin %
- 33.85%
- Net Margin %
- 12.13%
- ROE %
- 0.84%
- ROCE %
- 1.99%
- 0.62%
- Debtor Days
- 0
- Inventory Days
- 82
- Payable Days
- 0
- 82
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 1.65x
- 2.02x
- Revenue Growth %
- 81.62%
- Operating Profit Growth %
- -24.85%
- Net Profit Growth %
- 109.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 2.57
- Book Value (₹)
- 115.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.51
- Operating Margin %
- 80.01%
- Net Margin %
- 47.44%
- ROE %
- 2.37%
- ROCE %
- 3.50%
- 1.82%
- Debtor Days
- 0
- Inventory Days
- 170
- Payable Days
- 0
- 170
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 2.47x
- 3.28x
- Revenue Growth %
- -15.67%
- Operating Profit Growth %
- 99.30%
- Net Profit Growth %
- 229.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.61
- Book Value (₹)
- 140.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.52
- Operating Margin %
- 86.88%
- Net Margin %
- 55.97%
- ROE %
- 2.04%
- ROCE %
- 2.82%
- 1.71%
- Debtor Days
- 0
- Inventory Days
- 326
- Payable Days
- 0
- 326
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 2.16x
- 1.98x
- Revenue Growth %
- -13.71%
- Operating Profit Growth %
- -6.29%
- Net Profit Growth %
- 1.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.82
- Book Value (₹)
- 178.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.76
- Operating Margin %
- 93.48%
- Net Margin %
- 41.74%
- ROE %
- 2.39%
- ROCE %
- 4.68%
- 1.98%
- Debtor Days
- 0
- Inventory Days
- 149
- Payable Days
- 0
- 149
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 1.75x
- 1.98x
- Revenue Growth %
- 95.91%
- Operating Profit Growth %
- 123.33%
- Net Profit Growth %
- 46.09%
- 46.09%
- P/E (x)
- 37.70x
- P/B (x)
- 4.02x
- Dividend Yield %
- 0.00%
- 82.30x
Mar 2025
- EPS (₹)
- 0.65
- Book Value (₹)
- 48.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.65
- Operating Margin %
- 92.36%
- Net Margin %
- 38.50%
- ROE %
- 1.55%
- ROCE %
- 3.24%
- 1.26%
- Debtor Days
- 0
- Inventory Days
- 112
- Payable Days
- 0
- 112
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 2.20x
- 2.49x
- Revenue Growth %
- -5.27%
- Operating Profit Growth %
- -5.70%
- Net Profit Growth %
- -12.62%
- -83.07%
- P/E (x)
- 194.46x
- P/B (x)
- 2.58x
- Dividend Yield %
- 0.00%
- 78.94x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-21 - Master Trust Limited has informed the Exchange about Schedule of meet
- General Updates
2026-08-06 - Master Trust Limited has informed the Exchange about General Updates about Newspaper publication of un-audited financial results 30.06.2026
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.