Master Trust Limited

NSEI:MASTERTR Stock Report

Market Cap: ₹11.1b

Master Trust Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Harjeet Arora

Chief executive officer

₹4.8m

Total compensation

CEO salary percentage100.00%
CEO tenure27.6yrs
CEO ownership15.1%
Management average tenureno data
Board average tenure16.8yrs

Recent management updates

Recent updates

Analysis Article • Feb 03

It's Down 26% But Master Trust Limited (NSE:MASTERTR) Could Be Riskier Than It Looks

To the annoyance of some shareholders, Master Trust Limited ( NSE:MASTERTR ) shares are down a considerable 26% in the...
Analysis Article • Nov 29

Sentiment Still Eluding Master Trust Limited (NSE:MASTERTR)

Master Trust Limited's ( NSE:MASTERTR ) price-to-earnings (or "P/E") ratio of 11.6x might make it look like a strong...
Analysis Article • Aug 10

Master Trust Limited's (NSE:MASTERTR) Shares Leap 25% Yet They're Still Not Telling The Full Story

NSEI:MASTERTR 1 Year Share Price vs Fair Value Explore Master Trust's Fair Values from the Community and select yours...
Analysis Article • Apr 17

Master Trust Limited's (NSE:MASTERTR) Shares Leap 26% Yet They're Still Not Telling The Full Story

Master Trust Limited ( NSE:MASTERTR ) shareholders are no doubt pleased to see that the share price has bounced 26% in...
Analysis Article • Feb 19

Not Many Are Piling Into Master Trust Limited (NSE:MASTERTR) Stock Yet As It Plummets 26%

To the annoyance of some shareholders, Master Trust Limited ( NSE:MASTERTR ) shares are down a considerable 26% in the...

CEO Compensation Analysis

How has Harjeet Arora's remuneration changed compared to Master Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹1b

Dec 31 2025n/an/a

₹1b

Sep 30 2025n/an/a

₹1b

Jun 30 2025n/an/a

₹1b

Mar 31 2025₹5m₹5m

₹1b

Dec 31 2024n/an/a

₹1b

Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹5m₹5m

₹1b

Dec 31 2023n/an/a

₹869m

Sep 30 2023n/an/a

₹779m

Jun 30 2023n/an/a

₹716m

Mar 31 2023₹5m₹5m

₹659m

Dec 31 2022n/an/a

₹634m

Sep 30 2022n/an/a

₹578m

Jun 30 2022n/an/a

₹566m

Mar 31 2022₹5m₹5m

₹552m

Dec 31 2021n/an/a

₹548m

Sep 30 2021n/an/a

₹502m

Jun 30 2021n/an/a

₹408m

Mar 31 2021₹5m₹5m

₹344m

Dec 31 2020n/an/a

₹233m

Sep 30 2020n/an/a

₹182m

Jun 30 2020n/an/a

₹141m

Mar 31 2020₹5m₹5m

₹123m

Compensation vs Market: Harjeet's total compensation ($USD49.82K) is about average for companies of similar size in the Indian market ($USD41.40K).

Compensation vs Earnings: Harjeet's compensation has been consistent with company performance over the past year.

CEO

Harjeet Arora (73 yo)

27.6yrs
Tenure
₹4,800,000
Compensation

Mr. Harjeet Singh Arora, F.C.A., F.C.S, serves as the Managing Director of Master Trust Limited and has been its Executive Director since December 30, 1998. He served as Compliance Officer of Master Trust...

Board Members

NamePositionTenureCompensationOwnership
Harjeet Arora
Founder27.6yrs₹4.80m15.13%
₹ 1.7b
Rajinder Singhania
Non-Executive & Non-Independent Director34.3yrsno data23.35%
₹ 2.6b
Sudhir Kumar
Independent Director1.8yrsno datano data
Ravinder Singhania
Non-Executive Independent Director2.9yrsno datano data
Gurmeet Chawla
Non-Executive & Non-Independent Director27.7yrs₹300.09kno data
Harneesh Arora
Non-Executive & Non-Independent Director27.7yrsno data12.76%
₹ 1.4b
Rajiv Kalra
Non-Executive Independent Director6.1yrsno datano data
Anil Kumar
Independent Director1.8yrsno datano data
16.8yrs
Average Tenure
69.5yo
Average Age

Experienced Board: MASTERTR's board of directors are seasoned and experienced ( 16.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/16 13:15
End of Day Share Price 2026/07/16 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Master Trust Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.