Annual reportJun 2026
Jun 2026 · Trading Window 9 June 2026 - Trading window closes June 24-29, 2026 ahead of 27th AGM; annual report available on website.
Source: Nse
Master Components Ltd. (MASTER)
SME CapAuto stocks · SME cap · NSE
Master Components Ltd. operates in the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 20 Oct, 03:50 pm ISTDetails
Quote20 Oct, 03:50 pm IST
Base fundamentals20 Oct 2026 · screener
Latest result20 May, 10:53 pm IST
Score20 Oct, 05:22 pm IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
50NeutralSMA20 -12.1% / mo · MACD +
Stock trend: 51
Sector RS: 49
Sector 3M: -6.3% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MASTERD candles · FIT view+18.1%Latest close ₹394.45 on 2026-10-16
Bar
+3.8%
RSI
40
MACD hist
0.21
52W pos
51%
2026-10-16O ₹380.15H ₹394.45L ₹380.15C ₹394.45Vol 1,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
MASTERNifty AutoNifty 500
- MASTER
- -13.3%
- Nifty 500
- -4.2%
- Nifty Auto
- -3.7%
- Vs Nifty 500
- -9.1 pp
Chart stats
16 Oct 2026- From 52W high
- -21.4%
- 52W range position
- 51%
- ATR (14)
- 3.0%
- Volume vs 20D
- 0.56x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹375 - ₹427
₹502
₹282.5 - ₹502
₹11.8
Latest completed session
20-session average
25.7% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED60
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent85
Revenue +172.5% · PAT +151.5% YoY
Technical
Neutral50
Price trend and sector-relative-strength timing.
Valuation
Legacy model+45.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence75
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Excellent · 85/100Rev +173% YoY · PAT +152% YoY · margin expansion
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹37.6 Cr | +172.5% | +2.3% |
| EBITDA | ₹7 Cr | NDF | +31.0% |
| Operating margin | 18.5% | NDF | +406 bps |
| PAT | ₹4.2 Cr | +151.5% | +29.6% |
| PAT margin | 11.2% | NDF | +236 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 21.20
- P/B
- 4.28
- EV/EBITDA
- 11.99
- Market Cap
- 158.00Cr
Profitability
- ROE
- 22.40%
- ROCE
- 26.60%
- ROA
- 12.59%
- Dividend Y
- 0.18%
Growth (CAGR)
- Revenue 5Y
- 41.00%
- EPS 5Y
- 58.00%
- Revenue 3Y
- 53.00%
- EPS 3Y
- 63.00%
Balance Sheet
- Debt/Equity
- 0.30
- Interest Coverage
- 15.00×
- Altman Z
- 7.19
- Book Value
- 92.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 3/5
- OCF
- 2.24 Cr
- EPS TTM
- 18.60
Shareholding
- Promoter Hold
- 67.10%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 51%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 37.6+2.3% vs prev
Net Profit
₹ CrLatest: 4.2+29.6% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend unclear. RSI 40.
- SMA20 falling (~13.8% over last month) — short-term momentum negative.
- RSI(14) at 40 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 21% off 52W high · 40% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
78
RS percentile
Stage 2 UptrendEstablished S2
1M return
-6.7%
3M return
+10.6%
6M return
+25.2%
1Y return
+13.8%
RS 1D
+1
RS 20D
+3
Sector rank
#3
Industry rank
-
Stage evidence
- Price is 8.3% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +1.3%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
17 Jul 2026
S2 age
47 trading sessions
Sector
leading
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
185 observations
16 Oct 2026Value 115.07+0.74%
RS vs Nifty 500115
Valuation & peers
U-Score 60 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 60 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · UNDERVALUEDValuation10/30
Growth24/25
Quality17/20
Balance Sheet9/15
Cash Flow3/10
Piotroski
8/9 (+5)
Penalties
-8
Raw sum
60
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
60/100 · legacy band UNDERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 45.0%.
- Growth contributes 24/25 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Cash flow is weaker at 3/10; verify the latest quarterly trend.
- Valuation is weaker at 10/30; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
21.2
PB
4.3
EV/EBITDA
12.0
ROE
22.4%
ROCE
26.6%
FCF Yield
—
Debt/Equity
0.3
MoS
+45.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
60
Previous: 60
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+45.0%
Previous: +45.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
60
60
60
60
60
60
60
60
60
60
60
60
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹196.22
-101.0% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹717.03
+45.0% MoS
PEG
0.35
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
TUNWAL
SME
Tunwal E-Motors Ltd.
Auto Components
match 93
52
12.4
10.7%
+48%
FAIR VALUE
ETML
SME
Emerald Tyre Manufacturers Ltd.
Auto
match 91
48
12.8
9.2%
+67%
FAIR VALUE
BIKEWO
SME
Bikewo Green Tech Ltd.
Auto Components
match 91
28
50.3
8.1%
-28%
OVERVALUED
VIAZ
SME
Viaz Tyres Ltd.
Auto Components
match 90
39
24.0
10.8%
+38%
WATCHLIST
SHIGAN
SME
Shigan Quantum Technologies Ltd.
Auto Components
match 90
37
18.9
7.0%
+51%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Master Components Ltd. operates in the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
75Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 78th percentile of the scored universe and 56th percentile within Auto. Main check: cash conversion is weak at 55/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
78th percentile
overall median 67 · Auto: 56th pctile, median 74 · SME: 94th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
68
acceptable · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
71
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 67.1%.
- ▸Promoter pledge is zero.
- ▸ROCE is 26.6%.
- ▸Latest 3 quarters had positive YoY PAT growth.
Trust risks
- ▸Promoter holding fell 5.4%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Master Components Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Annual Report 2026
Source: Nse
Annual report
Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.