MAS Financial Services Ltd.

MASFIN

₹290.4

-1.24% (-3.65)

Market Cap

₹5,276 Cr.

P/E

17.00

About

MAS Financial Services is a non-banking financial company registered with the Reserve Bank of India. They provide retail finance solutions with a focus on lower to middle-income groups. Offering Micro… Read more

MAS Financial Services is a non-banking financial company registered with the Reserve Bank of … Read more

Low

220

52W Range

High

328

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	—	8.74	57.78	12.52	14.62	12.08	13.76	16.87	25.43	23.86
Shareholders Funds	—	332	779	916	987	1,180	1,350	1,519	1,783	2,609
Profit & Loss
Operating Profit	—	272	356	464	531	485	558	770	993	1,185
Net Sales	—	364	477	605	710	627	690	979	1,279	1,596
Cash flow
Cash from Operating Activity	—	-164	-386	-468	196	-578	-805	-1,426	-1,366	-1,133
Net Capex (est)	—	4.05	48.54	1.97	4.61	2.01	5.33	10.71	22.18	29.54
Ratios
ROCE (%)	—	28.29	19.68	17.22	17.12	13.33	12.33	12.18	12.27	—
ROE (%)	—	20.66	13.40	16.77	16.96	12.24	11.80	13.38	14.08	—

Forensics

9 Yes

Positive for this company

1 Neutral

Neutral for this company

5 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Promoter Holding

Promoter has not sold any shares in the last 90 days

Price & Performance

Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Net Interest Margin

Net interest margin of the company is trending up
Net NPA

Npa's of the company is currently under control
Sales Growth

Sales of the company has grown at a good pace
Balance Sheet - Strength

Latest bs is strong. the strength was visible historically as well.
Cost Of Borrowing

Cost of borrowing of the company seems to be trending up
ROE

Roe has decreased vs 10 year trend
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile
ROE Stregth

Roe of the company is not consistently strong

Revenue mix

Product Wise Break-Up

Loan Break-Up

Location Wise Break-Up

Customer Segment

AUM Break-Up

Borrowings Break-Up

Operational Metrics

Net Interest Margin (%)

MAS Financial Services Ltd.

Net Interest Margin (%)
Source
Fresh Slippages - Quarterly (Crs)
Source
Cost of Borrowing (%)
Source
AUM - NBFC (Crs)
Source
Capital to Risks Assets Ratio (CRAR) (%)
Source
Tier I Capital (%)
Source
Gross NPA (%)
Source
Net NPA (%)
Source

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
MAS Financial Serv	290.4	17	5,276	66.63	26.13	12.27	14.08
Indostar Capital Fin	332.4	37.75	4,549	73.29	-4.65	9.9	3.58
Fusion Finance	193.67	0.00	3,139	57.71	-27.85	12.79	17.74
Religare Enterprises	233.53	61.39	7,686	25.67	9.31	5.01	9.94
Paisalo Digital	31.41	14.13	2,827	50.37	-0.78	15.72	13.46
PTC India Fin. Serv	41.42	12.26	2,660	64.99	-14.61	9.8	6.33
Bengal & Assam	7,601	11.82	8,650	73.01	-0.31	15.92	42.97
Ugro Capital	172.59	14.13	2,033	2.23	25.05	10.3	8.3

Corporate Actions

Consolidated BonusDividend

DATE

DETAILS

2025, Feb 05

Dividend Dividend of Rs.1 per share

2024, Sep 04

Dividend Dividend of Rs.0.51 per share

2024, Feb 22

Bonus 2 bonus shares for every 1 held. Bonus shares should be credited within 3 days after the ex-date.

2024, Jan 23

Dividend Dividend of Rs.3 per share

2023, Jul 19

Dividend Dividend of Rs.1.85 per share

FAQs on MAS Financial Services Ltd. Business

What does MAS Financial Serv do?

MAS Financial Services, a registered non-banking financial company in India, offers a range of financing solutions including Micro Enterprises Loans, SME Loans, Home Loans, and more, primarily catering to the lower and middle-income groups.

Who are the competitors of MAS Financial Serv?

MAS Financial Serv major competitors are Indostar Capital Fin, Fusion Finance, Religare Enterprises, Paisalo Digital, PTC India Fin. Serv, Bengal & Assam, Ugro Capital.
Market Cap of MAS Financial Serv is ₹5,276 Crs.
While the median market cap of its peers are ₹3,139 Crs.

Is MAS Financial Serv financially stable compared to its competitors?

MAS Financial Serv seems to be less financially stable compared to its competitors.
Altman Z score of MAS Financial Serv is 1.12 and is ranked 6 out of its 8 competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

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Companies Doing Major Expansion

Companies in any sector undergoing sizeable expansion

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Company Filing

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Annual Report	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Earnings Release	Apr	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Sep Dec
Investor Presentation	Apr	Mar Jun Sep Dec	Mar Jun Sep Dec	Feb Mar May Jun Aug Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Sep Dec
Conference Call	Mar	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Sep Dec
Conference Call SummaryCon Call Summary Powered by Gemini

Discussions & Analysis

MAS Financial Services Ltd.

View the discussion on ValuePickr

CreditAccess vs Spandana vs MAS vs Arman - SOIC

Detailed Analysis Of MAS Financial - Sadhan

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NBFC

Buy Now Pay Later - Capital Mind

Deep Dive into NBFC Business - Omkara Capital

Asset Liability Mismatch: Why do NBFCs & Banks knowingly create it? - Dr Vijay Malik

NBFC & Banks| How to find Multibaggers in this sector! - SOIC

Masterclass on NBFC sector by Mr Umesh Agarwal - Finnacle

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Raw Material

MAS Financial Services Ltd.

MAS Financial Services Ltd.

About

Timeline

Company Timeline

9 Yes

1 Neutral

5 No

0 No Data

Accounting & Shareholding

Contingent Liabilities

Other Income

Pledge

Retail Holding

Promoter Holding

Price & Performance

Current vs Historic Valuation

Net Interest Margin

Net NPA

Sales Growth

Balance Sheet - Strength

Cost Of Borrowing

ROE

Share price

Margin Stability

ROE Stregth

Product Wise Break-Up

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Loan Break-Up

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Location Wise Break-Up

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Customer Segment

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AUM Break-Up

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Borrowings Break-Up

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Net Interest Margin (%)

Net Interest Margin (%)

What does MAS Financial Serv do?

Who are the competitors of MAS Financial Serv?

Is MAS Financial Serv financially stable compared to its competitors?

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