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MAS Financial Services Ltd share Price Today

Company details

290.55
297.25
241.23
387.95
6M Return 4.31%
1Y Return 18.73%
Mkt Cap.(Cr) 4,803.15
Volume 67,453
Div Yield 1.20%
OI
-
OI Chg %
-
Volume 67,453

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Finance company Mas Financial Services announced FY24 & Q4FY24 results:

Financial Highlights:

Consolidated Results:

  • Consolidated Assets under Management (AUM): Rs 10,721.90 crore (26.05% growth YoY).
  • Consolidated Profit after Tax (PAT): Rs 70.10 crore for Q4 FY24; FY 2023-24 PAT stands at Rs 254.01 crore (23.37% growth YoY).

Standalone Results:

  • Standalone Assets under Management (AUM): Rs 10,125.61 crore (25.12% growth YoY).
  • Standalone Profit after Tax (PAT): Rs 68.05 crore for Q4 FY24 (22.50% growth YoY).

Financial Ratios

  • Capital Adequacy Ratio (including Tier II capital): 24.05% as of March 31, 2024.
  • Tier-I capital: 20.33%.

Portfolio Quality

  • Gross Stage 3 assets (Q4 FY24): 2.25% of AUM.
  • Net Stage 3 assets (Q4 FY24): 1.51% of AUM.

Management Overlay

Management overlay as of March 31, 2024: Rs 18.79 crore (0.24% of on-book assets).

Category-wise AUM Breakdown

  • Micro-Enterprise Loans: Rs 4,385.11 crore (13.19% growth YoY).
  • SME Loans: Rs 3,733.86 crore (25.02% growth YoY).
  • Two-Wheeler Loans: Rs 670.12 crore (20.88% growth YoY).
  • Commercial Vehicle Loans: Rs 747.66 crore (100.72% growth YoY).
  • Salaried Personal Loans: Rs 588.86 crore (93.13% growth YoY).

Kamlesh Gandhi Founder, Chairman & Managing Director said, "As we usher into the next phase, post reaching an important milestone of 10,000 crore in AUM, we are confident to maintain a fundamentally strong growth momentum. Adequate capitalization, strong asset quality, and a track record of more than 25 years to navigate across various cycles will ensure the same, thus creating value on a large scale for all its stakeholders. Team MAS remains committed to its mission of excellence through endeavors."


     

Result PDF

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MAS Financial Services Ltd shares SWOT Analysis

Strengths (14)

  • Rising Net Cash Flow and Cash from Operating activity
  • Good quarterly growth in the recent results
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (1)

  • MFs decreased their shareholding last quarter

Opportunity (2)

  • Street Favorite: High Analyst Rating with at least 20% upside
  • Decrease in Provision in recent results

Threats (0)

Data not found

Resistance and support

R1 296.6
R2 300.3
R3 303.3
Pivot

293.57

S1 289.9
S2 286.9
S3 283.2
EMA SMA
293.1
296.6
299.0
293.9
294.6
292.0
306.4
298.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BASANT MAHESHWARI WEALTH ADVISERS LLP Bulk Purchase 2023-08-09 816.38 293124 NSE
SOCIETE GENERALE Bulk Purchase 2023-07-27 769.97 594169 NSE
PGIM INDIA MUTUAL FUND Bulk Sell 2023-07-27 770.08 680000 NSE
Name Category Shares
Shweta Kamlesh Gandhi PROMOTER 29.89%
Late Mukesh Chimanlal Gandhi PROMOTER 29.56%
Kamlesh Chimanlal Gandhi PROMOTER 11.6%
Prarthana Marketing Private Limited PROMOTER 2.41%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

MAS Financial Services Ltd Stocks COMPARISON

Financials( in Cr) MAS Financial Services Ltd Bajaj Finance Ltd Bajaj Finserv Ltd Indian Railway Finance Corporation Ltd Jio Financial Services Ltd
Price 292.90 6,826.65 1,608.45 186.50 367.75
% Change -0.66 1.22 1.55 6.18 2.82
Mcap Cr 4,803.15 422,566.90 256,626.43 243,727.64 233,642.02
Revenue TTM Cr 989.18 41,398.35 82,071.70 23,891.95 44.84
Net Profit TTM Cr 205.82 11,507.69 12,209.54 6,337.01 31.25
PE TTM 19.08 29.24 31.50 37.96 145.40
1 Year Return 18.73 0.68 11.91 459.22 47.75
ROCE 11.45 11.76 12.69 5.32 0.03
ROE 14.35 23.46 28.18 14.66 0.02
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,518.65 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94

MAS Financial Services Ltd Information

Stock PE (TTM)
19.08
Promoter Holding
73.73%
Book Value
108.7108
ROCE
11.45%
ROE
14.35%
Description
  • MAS Financial Services Limited is a Gujarat-headquartered NBFC with more than two decades of business operations. The Company operates out of Ahmedabad and specialises in providing retail financing services to the lower and middle-income groups of society. The Company offers financial services for Micro Enterprises Loans, SME Loans, Home Loans, Two Wheeler Loans, Used Car Loans, Salaried Personal Loan, Housing Loans and Commercial Vehicle Loans to satisfy their varied needs. Its operations span a strong distribution network across 149 branches, strategically located in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Chhattisgarh, Tamil Nadu, Karnataka, and Delhi NCR. MAS Financial Services Limited was incorporated as a Public Limited Company on May 25, 1995 at Ahmedabad. The Company received a Certificate for Commencement of Business on May 29, 1995. The Company was initially registered as a Category A (public deposit taking) NBFC pursuant to a Certificate of Registration dated May 8, 1998, issued by the RBI. In 2006, the Company received investment from Bellwether Microfinance Trust. During the year under review, MAS Rural Housing & Mortgage Finance Limited (MRHMFL) was incorporated as a subsidiary of the company. MRHMFL is primarily engaged in providing housing finance. Upon conversion of the company to a Category B (non-public deposit taking) NBFC, the company received a certificate of registration (bearing registration number B-01-00241) dated January 15, 2007, issued by the RBI.In 2008, the company received investment from Nederlandse Financierings - Maatschappij voor Ontwikkelingslanden N.V. (FMO) and ICICI Venture Fund Management Company Limited. In 2010, the company developed and implemented customised Enterprise Resource Planning system called `MASEX`. In 2012, the company received investment from DEG-Deutsche Investitions-und Entwicklungsgesellschaft MBH (DEG). In 2013, the company`s assets under management (AUM) crossed Rs 1000 crore. In 2014, Sarva Capital, then known as Lok Capital II LLC, purchased 2.17 crore compulsorily convertible cumulative preference shares of the company from FMO. In 2015, the company`s AUM crossed Rs 2000 crore. During the year under review, non-convertible debentures (NCDs) issued by the company were listed on BSE Limited. In 2016, credit rating agency India Ratings & Research upgraded its rating of the company`s bank loans to `Ind A`, with stable outlook. In 2017, the company`s AUM crossed Rs 3000 crore. The company came out with an initial public offer (IPO) during the period from 6 October 2017 to 10 October 2017. The IPO was a combination of fresh issue of Rs 233 crore and an offer for sale of up to Rs 227.04 crore by the selling shareholders. The stock debuted at Rs 660 on BSE on 18 October 2017, a premium of 43.79% compared with the IPO price of Rs 459 per share.During the financial year 2018-19, the company`s AUM crossed Rs 4000 crore. During the year 2018, the Company raised fund via initial public offering of 1,00,39,277 equity shares (comprising of fresh issue of 50,92,829 equity shares and offer for sale of 49,46,448 equity shares) of face value of Rs 10 each. During the year 2019, the Company started operations in Diyodar and Bhilwara. During FY 2019, the Company made investment in the equity share capital of its subsidiary, MAS Rural Housing & Mortgage Finance Limited up to a sum of Rs 9,00,00,000/-. During the year 2020, Company has started operations in Gujarat, Madhya Pradesh, Maharashtra and added one more branch each in Jaipur and Jodhpur cities of Rajasthan. The Company has 69 branches Pan India as on March 31, 2022. As on April 1, 2022 the Company had 125 branches in 7 territories Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Tamil Nadu, Karnataka, and Delhi NCR. The Company has 73 branches Pan India as on March 31, 2023. MAS had 268 sourcing intermediates for its Commercial Vehicle Loans and 242 for its Two-Wheeler Loans. As on March 31, 2023, the total borrowings of the Company stood at Rs 5,908.21 crore. Around 85% of the asset portfolio comprises of MSME loans, which qualifies as Priority Sector Lending. During the year 2022-23, MASFIN Insurance Broking Private Limited was incorporated as New subsidiary effective 05 August, 2022. The Company opened 6 branches in Gujarat, 2 branches in Maharashtra, 3 branches in Rajasthan, 9 branches in Madhya Pradesh, 3 branches in Karnataka along with a fresh location of Chhattisgarh. At the end of the FY 2022-23, the total branches were 149 and the Company served 9000 Customer locations.

Registered Address

6 Narayan Chambers Ground Flr, Behind PatangHotel Ashram Road, Ahmedabad, Gujarat, 380009

Tel : 91-79-30016500
Email : secretarial:mas.co.in, mfsl:mas.co.in
Website : http://www.mas.co.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540749
NSE Code : MASFIN
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE348L01012

FAQ’s on MAS Financial Services Ltd Shares

You can buy MAS Financial Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy MAS Financial Services Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 23, 2024 03:59 PM the closing price of MAS Financial Services Ltd was Rs.292.90.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 23, 2024 03:59 PM, the market cap of MAS Financial Services Ltd stood at Rs. 4,803.15.

The latest PE ratio of MAS Financial Services Ltd as of May 23, 2024 03:59 PM is 19.08

The latest PB ratio of MAS Financial Services Ltd as of May 23, 2024 03:59 PM is 0.37

The 52-week high of MAS Financial Services Ltd share price is Rs. 387.95 while the 52-week low is Rs. 241.23

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