MAS Financial Services Ltd.

Financial

	MAS Financial Serv	Indostar Capital Fin	Tourism Finance Corp
Operational Metrics
Banking Sector
Net Interest Margin	6.8 %	5.6 %	6.02 %
Fresh Slippages - Quarterly	47.14 Crs	n/a	13.01 Crs
NBFC
Cost of Borrowing	9.8 %	11.3 %	9.63 %
AUM - NBFC	12504.6 Crs	11053.0 Crs	1711.67 Crs
Capital to Risks Assets Ratio (CRAR)	25.22 %	28.5 %	62.68 %
Tier I Capital	23.19 %	28.87 %	61.28 %
Gross NPA	2.49 %	4.52 %	0.24 %
Net NPA	1.63 %	2.46 %	0.0
Financials
5 yr Average ROE	12.68 %	-6.44 %	9.39 %
5yr average Equity Multiplier	5.03	3.16	2.54
5yr Average Asset Turnover Ratio	0.12	0.13	0.11
5yr Avg Net Profit Margin	21.17 %	-14.58 %	34.53 %
5yr Avg Net Profit Margin	21.17 %	-14.58 %	34.53 %
5yr CAGR Net Profit	16.54 %	n/a	5.08 %
5yr CAGR Sales	20.58 %	-1.04 %	-1.36 %
5 yr CAGR PPOP	n/a	n/a	n/a
Price to Book	2.09	1.0	2.35
P/E	16.81	5.67	26.28
Shareholdings
Promoter Holding	66.63 %	72.98 %	3.85 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-7.08 %	-16.23 %	-24.58 %
Change in Mutual Fund Holding (3 Yrs)	4.65 %	0.0	0.0

Business

	MAS Financial Serv	Indostar Capital Fin	Tourism Finance Corp
Product Wise Break-Up	Product Wise Break-Up Interest Income 83.44 Gain On Assignment Of Financial Assets 9.58 Fees and Commission Income 6.53 0 0 0 Interest on loans - Loan portfolio 0 Net gain/(loss) on fair value changes 0 Fees & commission income 0 Dividend income 0 Interest income 0 Others 0.45	Product Wise Break-Up 0 Interest income 0 Fees & commission income 0 Interest Income 85.46 Net gain on fair value changes 2.69 Interest Income 0 0 Dividend income 0 Gain On Assignment Of Financial Assets 0 Fees and Commission Income 6.37 Net gain/(loss) on fair value changes 0 Others 5.48	Product Wise Break-Up 0 Interest Income 84.85 Fee & Commission income 4.12 Interest on loans - Loan portfolio 0 0 Interest Income 0 0 Dividend income 0 Gain On Assignment Of Financial Assets 0 Fees and Commission Income 0 Net gain on fair value changes 7.83 Others 3.2
Loan Break-Up	Loan Break-Up Small & Medium Enterprises (SME) loans 40.1 Small & Medium Enterprises (SME) loans 36.2 Salaried Personal Loans 9.0 Commercial Vehicle Loans 7.7 2 Wheeler Loans 7.0 Social Infrastructure 0 Hotels 0	-	Loan Break-Up 2 Wheeler Loans 0 Hotels 63.0 Salaried Personal Loans 0 Commercial Vehicle Loans 0 Small & Medium Enterprises (SME) loans 0 Social Infrastructure 2.0 Others 35.0
Location Wise Break-Up	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 100.0 Rest of the World 0	Location Wise Break-Up India 100.0 Rest of the World 0
Customer Segment	Customer Segment Consumer Finance 100.0 Corporate 0 Retail 0	Customer Segment Corporate 99.0 Retail 1.0 Consumer Finance 0	-
AUM Break-Up	AUM Break-Up On Book 72.73 Off Book 27.27	-	-
Borrowings Break-Up	Borrowings Break-Up Loan From Banks 51.62 Direct Assignment (incl. co-lending) 21.16 Non-Convertible Debentures 14.43 Loan From Banks 10.08 0 Securitisation 0 CPs 0 Banks 0 NCD 0 Equity 0 Others 2.71	Borrowings Break-Up Direct Assignment (incl. co-lending) 0 Banking 28.0 NCD 47.0 Securitisation 17.0 Equity 0 0 Non-Convertible Debentures 0 Loan From Banks 0 CPs 0 Others 8.0	-

MAS Financial Services Ltd.

MAS Financial Services Ltd.

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