Master Trust Ltd

₹ 126 -2.18%

07 Nov 4:01 p.m.

mastertrust.co.in BSE: 511768 NSE: MASTERTR

About

Incorporated in 1985, Master Trust Ltd is
in the business of lending, sales /purchase
of securities and lands^[1]

Key Points

Memberships & Registrations:^[1]
a) Category-1 Merchant Banker
b) Depository participant of NSDL
and CDSL
c) Member of NCDEX and MCX
d) Insurance Broker under the name
of M/S Master Insurance Brokers Ltd
e) Member of NSE and BSE
f) Non Deposit Taking Non Banking Financial Company

Website BSE NSE

Market Cap ₹ 1,542 Cr.
Current Price ₹ 126
High / Low ₹ 198 / 104
Stock P/E 216
Book Value ₹ 54.7
Dividend Yield 0.00 %
ROCE 3.24 %
ROE 1.48 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Company is almost debt free.
Promoter holding has increased by 2.69% over last quarter.
Company's working capital requirements have reduced from 184 days to 95.4 days

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company has a low return on equity of 1.88% over last 3 years.
Contingent liabilities of Rs.510 Cr.
Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Financial Services Financial Services Capital Markets Stockbroking & Allied

Part of BSE SmallCap BSE Allcap BSE Financial Services

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
	2.94	3.02	2.27	4.18	5.34	4.25	7.23	5.02	4.93	5.06	5.01	4.94	6.16
	0.29	0.26	-0.15	0.33	0.27	0.33	0.37	0.32	0.29	0.51	0.31	0.41	0.36
Operating Profit	2.65	2.76	2.42	3.85	5.07	3.92	6.86	4.70	4.64	4.55	4.70	4.53	5.80
OPM %	90.14%	91.39%	106.61%	92.11%	94.94%	92.24%	94.88%	93.63%	94.12%	89.92%	93.81%	91.70%	94.16%
	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
Interest	0.75	1.39	1.20	1.74	3.11	2.41	4.02	2.25	2.06	2.10	2.02	1.87	1.30
Depreciation	0.01	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.01	0.00	0.00	0.00
Profit before tax	1.89	1.37	1.22	2.11	1.96	1.50	2.84	2.45	2.58	2.44	2.68	2.66	4.50
Tax %	2.12%	-83.94%	13.11%	0.00%	0.00%	2.67%	2.46%	0.41%	3.10%	13.52%	92.16%	24.81%	37.11%
	1.85	2.52	1.06	2.11	1.96	1.46	2.77	2.44	2.50	2.11	0.21	2.00	2.83
EPS in Rs	0.17	0.23	0.10	0.19	0.18	0.13	0.25	0.22	0.22	0.19	0.02	0.18	0.23
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	15.37	16.72	10.56	4.55	18.60	8.30	7.68	13.95	11.77	10.63	20.29	19.37	21.17
	2.43	1.77	6.51	1.49	13.93	1.32	1.41	9.23	2.37	2.04	1.30	1.44	1.59
Operating Profit	12.94	14.95	4.05	3.06	4.67	6.98	6.27	4.72	9.40	8.59	18.99	17.93	19.58
OPM %	84.19%	89.41%	38.35%	67.25%	25.11%	84.10%	81.64%	33.84%	79.86%	80.81%	93.59%	92.57%	92.49%
	0.00	-0.02	0.00	0.00	0.00	0.00	0.02	0.00	0.01	0.23	0.72	0.65	0.00
Interest	10.26	10.73	3.71	2.27	2.81	4.85	5.33	2.85	3.81	4.09	11.29	8.43	7.29
Depreciation	0.07	0.15	0.10	0.08	0.07	0.04	0.02	0.01	0.01	0.00	0.00	0.00	0.01
Profit before tax	2.61	4.05	0.24	0.71	1.79	2.09	0.94	1.86	5.59	4.73	8.42	10.15	12.28
Tax %	16.48%	9.38%	83.33%	16.90%	-2.23%	11.48%	14.89%	9.14%	0.18%	-20.08%	1.31%	28.47%
	2.18	3.67	0.05	0.59	1.83	1.85	0.81	1.69	5.58	5.68	8.30	7.26	7.15
EPS in Rs	0.20	0.34	0.00	0.05	0.17	0.17	0.07	0.16	0.51	0.52	0.76	0.65	0.62
Dividend Payout %	50.09%	0.00%	0.00%	0.00%	59.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Compounded Sales Growth
10 Years:	1%
5 Years:	20%
3 Years:	18%
TTM:	-1%

Compounded Profit Growth
10 Years:	7%
5 Years:	55%
3 Years:	9%
TTM:	-22%

Stock Price CAGR
10 Years:	45%
5 Years:	109%
3 Years:	74%
1 Year:	-30%

Return on Equity
10 Years:	2%
5 Years:	2%
3 Years:	2%
Last Year:	1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	10.92	10.92	10.92	10.92	10.92	10.92	10.92	10.92	10.92	10.92	10.92	11.27	12.35
Reserves	60.30	63.97	64.01	64.61	65.32	166.67	172.88	207.73	241.40	293.89	403.35	554.34	660.77
	90.38	66.18	50.87	25.75	35.63	36.85	31.22	40.52	26.85	41.76	82.17	85.33	40.89
	13.64	11.19	11.39	10.97	7.07	50.68	40.81	33.39	43.82	2.98	1.42	1.24	2.91
Total Liabilities	175.24	152.26	137.19	112.25	118.94	265.12	255.83	292.56	322.99	349.55	497.86	652.18	716.92
	0.62	0.44	0.35	0.91	0.23	0.58	1.44	1.93	1.62	0.98	0.79	0.79	0.79
CWIP	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
Investments	23.14	20.64	19.66	17.88	32.06	164.30	171.28	204.35	225.25	253.31	334.04	453.94	508.61
	151.48	131.18	117.18	93.46	86.65	100.24	83.11	86.28	96.12	95.26	163.03	197.45	207.52
Total Assets	175.24	152.26	137.19	112.25	118.94	265.12	255.83	292.56	322.99	349.55	497.86	652.18	716.92

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-2.14	-3.32	-6.94	-0.90	2.69	2.27	-2.48	-2.57	-31.18	-1.59	1.04	-22.19
	2.89	4.40	6.39	1.59	-2.97	-1.18	2.49	2.57	31.13	1.61	-26.00	3.81
	-1.09	-1.09	0.00	0.00	0.00	-1.11	0.00	0.00	0.00	0.00	24.94	18.38
Net Cash Flow	-0.34	-0.01	-0.55	0.70	-0.27	-0.02	0.01	0.00	-0.05	0.02	-0.02	0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Days
Days Payable
Cash Conversion Cycle	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Working Capital Days	1,007.13	1,048.50	1,741.70	4,275.71	800.25	-966.15	-672.49	4.45	301.12	267.14	188.71	95.35
ROCE %	9.05%	9.78%	2.96%	2.62%	4.32%	4.25%	2.92%	1.99%	3.49%	2.82%	4.68%	3.24%

Shareholding Pattern

Numbers in percentages

24 Recently

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
	74.84%	74.83%	74.83%	74.83%	74.83%	74.83%	73.77%	72.49%	72.49%	72.49%	69.24%	71.93%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.02%	0.07%	0.03%	0.02%	0.15%	0.00%
	0.00%	0.00%	0.00%	0.00%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%
	0.03%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	25.13%	25.14%	25.18%	25.18%	25.10%	25.11%	26.23%	27.44%	27.47%	27.49%	30.61%	28.01%
No. of Shareholders	3,056	2,979	2,873	3,642	3,782	4,146	4,425	6,396	9,842	10,349	10,176	10,163

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
	71.62%	74.84%	74.84%	74.84%	74.84%	74.84%	74.83%	74.83%	72.49%	71.93%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.02%	0.00%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%
	0.00%	0.00%	0.00%	0.05%	0.03%	0.03%	0.02%	0.00%	0.00%	0.00%
	28.38%	25.16%	25.16%	25.12%	25.14%	25.14%	25.14%	25.11%	27.49%	28.01%
No. of Shareholders	2,294	1,858	1,867	1,861	2,799	2,799	2,979	4,146	10,349	10,163

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Master Trust Ltd

Master Trust Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports