Master Components Limited

NSEI:MASTER Stock Report

Market Cap: ₹1.4b

Master Components Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Shrikant Joshi

Chief executive officer

₹4.0m

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenureless than a year
Board average tenure23.2yrs

Recent management updates

Recent updates

Analysis Article • Jul 08

Potential Upside For Master Components Limited (NSE:MASTER) Not Without Risk

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 30x, you may consider Master...
Analysis Article • Sep 24

Master Components Limited's (NSE:MASTER) Share Price Matching Investor Opinion

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 34x, you may consider Master...
Analysis Article • Jun 07

Further Upside For Master Components Limited (NSE:MASTER) Shares Could Introduce Price Risks After 30% Bounce

Master Components Limited ( NSE:MASTER ) shareholders have had their patience rewarded with a 30% share price jump in...

CEO Compensation Analysis

How has Shrikant Joshi's remuneration changed compared to Master Components's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026₹4mn/a

₹74m

Dec 31 2025n/an/a

₹78m

Sep 30 2025n/an/a

₹81m

Jun 30 2025n/an/a

₹73m

Mar 31 2025₹4mn/a

₹65m

Dec 31 2024n/an/a

₹49m

Sep 30 2024n/an/a

₹33m

Jun 30 2024n/an/a

₹30m

Mar 31 2024₹4mn/a

₹27m

Dec 31 2023n/an/a

₹23m

Sep 30 2023n/an/a

₹19m

Jun 30 2023n/an/a

₹18m

Mar 31 2023₹4m₹4m

₹17m

Mar 31 2022₹4m₹4m

₹9m

Mar 31 2021₹3m₹3m

₹8m

Compensation vs Market: Shrikant's total compensation ($USD42.22K) is about average for companies of similar size in the Indian market ($USD42.24K).

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

CEO

Shrikant Joshi (59 yo)

less than a year
Tenure
₹3,990,000
Compensation

Mr. Shrikant Hanamant Joshi is MD & Chairman of Master Components Limited from April 1, 2026 and was its Whole Time Director and Chief Financial Officer from January 12, 2023 to April 1, 2026. He serves as...

Leadership Team

NamePositionTenureCompensationOwnership
Shrikant Joshi
MD & Chairmanless than a year₹3.99mno data
Mudduraj Kulkarni
Founderless than a year₹3.99mno data
Riddhi Bheda
Compliance Officer & Company Secretaryno data₹545.00kno data
Akshay Kakade
Head of HR and Administrationno datano datano data
Akshay Kulkarni
Head of Lean Management & Digitalisation1.8yrsno datano data
Sanjay Nair
Head of Inward Operationsno datano datano data
Vishwanath Shinde
Head of Department - Qualityno datano datano data
Raju Hase
Head of Engineering & Infrastructureno datano datano data
Manoj Gavali
Head of Financeno datano datano data
Sanjay Jadhav
Head of Outward Operationsno datano datano data
Tanvi Joshi
Head of Corporate Affairs & Employee Engagementno datano datano data
Jeevan Gulve
Head of Customer Supportno datano datano data
0.2yrs
Average Tenure
45.5yo
Average Age

Experienced Management: MASTER's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Shrikant Joshi
MD & Chairman26.5yrs₹3.99mno data
Mudduraj Kulkarni
Founder26.5yrs₹3.99mno data
Rajeshwari Kulkarni
Non-Executive Director23.2yrs₹35.00kno data
Anagha Joshi
Non-Executive Director23.2yrs₹35.00kno data
Ganapathi Joshy
Independent Non-Executive Director3.4yrs₹35.00kno data
Vishal Patel
Independent Non-Executive Director3.2yrs₹35.00kno data
23.2yrs
Average Tenure
56yo
Average Age

Experienced Board: MASTER's board of directors are seasoned and experienced ( 23.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 05:31
End of Day Share Price 2026/06/17 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 Components 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.