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  4. MASTER TRUST LTD.
Master Trust Ltd.
NSE: MASTERTR | BSE: 511768
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NSE 09 Oct, 2026 3:31 PM (IST)

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Master Trust quarterly and annual financials: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Master Trust quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Master Trust Jun-2026 Quarterly Revenue is Rs 7 Cr which is growth of 39.3% YoY.

  • POSITIVE

    Quarterly Net Profit Master Trust Jun-2026 Quarterly Net Profit is Rs 3 Cr which is growth of 74.0% YoY.

Master Trust Ltd., Quarterly, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
⌄
6.98.39.86.24.955.14.957.24.35.34.2
Operating Exp.
0.40.50.40.40.40.30.50.30.30.40.30.30.3
Operating Profit
6.57.89.45.84.54.74.64.64.76.93.95.13.9
Operating Profit Margin %
94.48%93.98%96.00%94.16%91.70%93.81%89.92%94.12%93.63%94.88%92.24%94.94%92.11%
Depr.
000
Interest
1.92.22.31.31.922.12.12.342.43.11.7
Profit Before Tax
4.75.67.14.52.72.72.42.62.52.81.522.1
Tax
1.21.43.81.70.72.50.30.100.10
Net Profit
3.54.23.32.820.22.12.52.42.81.522.1
EPS Adj. latest
0.30.30.30.20.200.20.20.20.20.10.20.2
Net profit TTM
13.712.28.37.26.87.39.89.28.68.36.67.77.5
Basic EPS TTM
1.110.70.60.60.60.94.143.833.53.5
Results PDF
 
 
 
   
 
*All financials are in INR Cr and price data in INR

Master Trust competitor comparison and performance snapshot within industry

Master Trust revenue mix: sales, profit, and capital employed breakups by segment

Master Trust annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history

  • POSITIVE

    Annual Revenue Master Trust Mar-2026 Annual Revenue is Rs 29 Cr which is growth of 45.6% YoY.

  • POSITIVE

    Annual Net Profit Master Trust Mar-2026 Annual Net Profit is Rs 12 Cr which is growth of 68.6% YoY.

Master Trust Ltd., Annual, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
38.9%
15.8%
31.129.2202110.911.8147.78.318.64.610.6
Operating Exp. Ann.
-5.3%
-28.7%
1.61.71.41.322.49.21.41.313.91.56.5
Operating Profit Ann.
47.3%
42.4%
29.527.517.418.68.69.44.76.374.73.1-1.4
OPM Ann. %
6%
22.8%
 94.31%86.94%88.55%79.09%79.82%33.84%81.44%84.16%25.09%67.33%-12.84%
⌄
15.5%
-4.9%
 9.49.912.66.16.212.16.86.216.83.810.3
EBITDA Ann.
46.2%
42.4%
 27.518.619.78.89.44.76.374.73.14.1
EBITDA Ann. margin %
5.1%
22.7%
 94.31%92.81%93.82%81.22%79.92%33.85%81.65%84.16%25.09%67.33%38.36%
Interest Ann.
23.4%
21.6%
7.77.78.411.34.13.82.95.34.92.82.33.7
Depr.
-
-
0000000.10.10.1
PBT Ann.
61.5%
59.8%
21.819.810.18.44.75.61.90.92.11.80.70.3
Tax Ann.
-
107%
8.17.62.90.1-100.20.10.2-00.10.2
28.9%
48.3%
 12.27.38.35.75.61.70.81.91.80.60.1
Net Profit Ann.
28.9%
48.3%
13.712.27.38.35.75.61.70.81.91.80.60.1
NPM Ann. %
-7.8%
28.2%
 41.95%38.49%41.73%53.46%47.44%12.12%10.49%22.29%9.81%12.99%0.93%
EPS Adj. latest Ann.
26%
58.5%
 10.60.70.50.50.10.10.20.20.1
Result Notes
         
Annual Reports
 
*All financials are in INR Cr and price data in INR
Total Rev. Ann.
1Y CHG
46%
2Y CAGR
17.9%
3Y CAGR
38.9%
5Y CAGR
15.8%
7Y CAGR
19.7%
10Y CAGR
10.7%
Total Revenue Annual growth is higher than historical averages.
Net Profit Ann.
1Y CHG
67.1%
2Y CAGR
21.2%
3Y CAGR
28.9%
5Y CAGR
48.3%
7Y CAGR
30.4%
10Y CAGR
61.7%
Net Profit Annual growth is higher than historical averages.
Operating Exp. Ann.
1Y CHG
21.4%
2Y CAGR
14.4%
3Y CAGR
-5.3%
5Y CAGR
-28.7%
7Y CAGR
3.9%
10Y CAGR
-12.6%
Operating Expenses Annual Cr growth is higher than historical averages.

Master Trust balance sheet as of Mar 2026: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Master Trust Mar-2025 Total Shareholders Fund is Rs 728 Cr which is growth of 28.7% YoY.

  • POSITIVE

    Total Assets Master Trust Mar-2025 Total Assets is Rs 874 Cr which is growth of 34.1% YoY.

Master Trust Ltd., Balance Sheet, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
⌄
33.7%
27.2%
727.7565.6414.3304.8252.3218.7183.8177.676.275.574.9
Minority Interest Liability Ann.
-
-
-----------
⌄
-65.7%
-42.3%
2.111.25240.232.732.934.3
49.4%
28.5%
144.585.682.443.32741.239.253.242.736.762.3
Total Capital Plus Liabilities Ann.
29.8%
24.5%
874.3652.2497.9400.1319.5292.6255.8265.1119112.3137.2
⌄
-7.2%
-15.9%
0.80.80.811.61.91.40.60.20.30.4
⌄
-29.9%
-16.4%
1.12.773.22.62.72.51.53319.522.5
30.1%
24.7%
873.3649.5490.9396.9316.9289.9253.3263.785.992.7114.7
Total Assets Ann.
29.8%
24.5%
874.3652.2497.9400.1319.5292.6255.8265.1119112.3137.2
Contingent Liabilities plus Commitments Ann.
-
-
-25.293
Bonus Equity Share Capital Ann.
-
-
-
Non Current Investments Unquoted Book Value Ann.
-
-
-31.917.818.8
Current Investments Unquoted Book Value Ann.
-
-
-453.9334308.3225.3204.4171.3164.3
*All financials are in INR Cr and price data in INR
Total Assets Ann.
1Y CHG
34.1%
2Y CAGR
32.5%
3Y CAGR
29.8%
5Y CAGR
24.5%
7Y CAGR
18.6%
10Y CAGR
20.3%
Total Assets Annual growth is higher than historical averages.
Total Current Liabilities Ann.
1Y CHG
68.8%
2Y CAGR
32.4%
3Y CAGR
49.4%
5Y CAGR
28.5%
7Y CAGR
15.3%
10Y CAGR
8.8%
Total Current Liabilities Annual Cr growth is higher than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
28.7%
2Y CAGR
32.5%
3Y CAGR
33.7%
5Y CAGR
27.2%
7Y CAGR
22.3%
10Y CAGR
25.5%
Total ShareHolders Funds Annual growth is stable compared to historical averages.

Master Trust ROE, ROCE, book value, and debt-to-equity ratio as of Mar 2026 – 11 year history

  • POSITIVE

    Book Value Per Share Master Trust Mar-2025 Book Value Per Share is 59 Rs which is growth of 17.4% YoY.

  • POSITIVE

    ROE Master Trust Mar-2025 ROE is 2% which is growth of 0.4% YoY.

Master Trust Ltd., Ratios, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
BVSH Ann.
-25%
-10.1%
58.950.2189.7139.5115.5100.184.1162.669.869.268.6
RoA Ann. %
-0.7%
19.5%
1.39%1.11%1.66%1.42%1.74%0.57%0.31%0.69%1.53%0.52%0.03%
ROE Ann. %
-3.3%
16.9%
1.68%1.28%2.00%1.86%2.21%0.77%0.43%1.04%2.39%0.78%0.06%
ROCE Ann. %
15%
15%
3.76%3.27%4.74%2.47%3.21%1.87%2.89%3.27%6.03%3.94%5.27%
⌄
           
⌄
           
⌄
           
Total Debt to Total Equity Ann.
0%
-12.9%
0.10.20.20.10.10.20.20.20.50.30.7
*All financials are in INR Cr and price data in INR
ROE Ann. %
1Y CHG
31.3%
2Y CAGR
-8.3%
3Y CAGR
-3.3%
5Y CAGR
16.9%
7Y CAGR
7.1%
10Y CAGR
39.5%
ROE Annual % is growing faster than historical averages.
RoA Ann. %
1Y CHG
25.2%
2Y CAGR
-8.5%
3Y CAGR
-0.7%
5Y CAGR
19.5%
7Y CAGR
10.5%
10Y CAGR
46.8%
RoA Annual % is growing faster than historical averages.
Current Ratio Ann.
1Y CHG
-21.1%
3Y CAGR
-13.3%
5Y CAGR
-3%
7Y CAGR
2.6%
10Y CAGR
12.8%
Current Ratio Annual is falling faster than historical averages.

Master Trust cash flow: net, operating, investing, and financing flows as of Mar 2026 – 11 year history

  • NEGATIVE

    Cash From Operating Activity Master Trust Mar-2026 Cash From Operating Activity is Rs -34 Cr which is growth of -52.6% YoY.

  • NEGATIVE

    Net Cash Flow Master Trust Mar-2026 Net Cash Flow is Rs 0 Cr which is growth of -100.0% YoY.

Master Trust Ltd., Cash Flow, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
-
-
-33.9-22.2-2522.8-31.2-2.8-2.52.32.7-0.9-6.9
Cash from Investing Act. Ann.
-
-
-22.63.824.9-22.731.12.62.5-1.2-31.66.4
Cash from Financing Act. Ann.
-
-
56.418.4-1.1
-
-
-00-0-0.30-0-0.30.7-0.6
*All financials are in INR Cr and price data in INR
Cash from Financing Act. Ann.
1Y CHG
206.5%

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