Master Components Ltd (MASTER) Share Price & Fundamentals

What we do

Master Components Ltd manufactures plastic engineering components and sub-assemblies using advanced molding technologies at its Nashik facility.

Founded in

1,999

Market share

Growing SME player specializing in innovative molding solutions with increasing revenues and profits, recently listed on NSE SME platform.

Problem solved

Provides high-precision plastic components and sub-assemblies, addressing industrial demand for customizable, quality engineered molding solutions.

Top clients or who we serve

Serves diverse sectors including allied healthcare products via collaboration with sister companies; primarily B2B with niche, innovative product focus.

Key management

Mr. Mudduraj Chandrashekhar Kulkarni (Managing Director) and Mr. Shrikant Hanamant Joshi (Whole Time Director & CFO).

Our journey and innovations

From inception as a private limited to public listing in 2023, expanded molding capacity and partnered for high-tech baby monitor production.

Where we operate

Primarily operates in India with export earnings recorded; market presence centered around Nashik manufacturing base.

Top products or what we offer

Thermoplastic Injection, Thermoset Injection, Thermoset Transfer, Compression Moulding components and sub-assemblies.

Top brands

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Raw materials needed

Various plastics and polymers used in thermoplastic and thermoset molding processes.

Raw materials supplier

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Recurring vs cyclical contribution

Revenues largely recurring from continuous industrial client orders; some cyclicality dependent on sector demand.

Our industry position

Emerging player with strong technical capabilities and niche market positioning in plastic component manufacturing.

Financial highlights

FY 2024-25 revenue: Rs 42.4 crore; net profit: Rs 6.49 crore; significant growth over previous year.

Geographical revenue split

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Order book

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Whats driving growth

Increased demand, technological absorption for cost reduction, and strategic collaborations driving revenue and margin improvements.

Our future plans

Focus on capacity expansion, innovative projects, and enhancing operational efficiency to sustain growth trajectory.

Our green promise

Installed solar panels; adopting energy conservation measures and working towards increased use of renewable energy.

Our people and values

Workforce development prioritized with ongoing training; values ethical conduct, transparency, and employee engagement.

Key challenges ahead

Market competition, raw material price fluctuations, and scalability remain critical challenges.

Interesting facts

Collaborated to produce the Cradlewise Smart Crib, showcasing high-innovation manufacturing capability.

Risks and strategy

Risk mitigation through technology upgrades, diversified client base, and robust compliance and governance practices.