Master Components Limited

NSEI:MASTER Stock Report

Market Cap: ₹1.4b

Master Components Past Earnings Performance

Past criteria checks 3/6

Master Components has been growing earnings at an average annual rate of 43%, while the Chemicals industry saw earnings growing at 6.2% annually. Revenues have been growing at an average rate of 33.8% per year. Master Components's return on equity is 20.2%, and it has net margins of 10%.

Key information

42.98%

Earnings growth rate

39.44%

EPS growth rate

Chemicals Industry Growth17.68%
Revenue growth rate33.75%
Return on equity20.23%
Net Margin10.01%
Last Earnings Update31 Mar 2026

Recent past performance 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...

Revenue & Expenses Breakdown

How Master Components makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:MASTER Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2674474390
31 Dec 2567978360
30 Sep 2561681330
30 Jun 2552073300
31 Mar 2542465270
31 Dec 2437049250
30 Sep 2431533230
30 Jun 2428430220
31 Mar 2425327210
31 Dec 2323723200
30 Sep 2322119190
30 Jun 2321418180
31 Mar 2320717180
31 Mar 221829170
31 Mar 211338140
31 Mar 2015013150

Quality Earnings: MASTER has a high level of non-cash earnings.

Growing Profit Margin: MASTER's current net profit margins (10%) are lower than last year (15.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MASTER's earnings have grown significantly by 43% per year over the past 5 years.

Accelerating Growth: MASTER's earnings growth over the past year (14.6%) is below its 5-year average (43% per year).

Earnings vs Industry: MASTER earnings growth over the past year (14.6%) exceeded the Chemicals industry 12.8%.


Return on Equity

High ROE: MASTER's Return on Equity (20.2%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 11:16
End of Day Share Price 2026/06/12 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.