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MAS Financial Services Ltd share Price

Company details

6M Return -13.35%
1Y Return 27.12%
Mkt Cap.(Cr) 4,027.22
Volume 8,052
Div Yield 0.25%
OI Chg %
Volume 8,052

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Mas Financial Services Ltd.

Q4FY23 Quarterly & FY23 Annual Result Announced for Mas Financial Services Ltd.

Non-banking financial company Mas Financial Services announced Q4FY23 & FY23 results:

  • The disbursement was Rs 2,491.72 crore during Q4FY23 as compared to Rs 1,962.33 crore during Q4FY22
  • Mas Financial Services reports assets under management (AUM) of Rs 8,092.56 crore. The AUM as on December 31, 2022, was Rs 7,606.04 crore.
  • Profit after tax (PAT) of Rs 200.96 crore for FY23 vs Rs 157.55 crore for FY22.
  • A growth of 29.55% in AUM and 27.55% in PAT over FY22
  • For Q4FY23, the PAT was Rs 55.55 crore - a growth of 23.44% over Q4FY22
  • Capital adequacy ratio (including Tier ll capital) as of March 31, 2023, stood at 25.25%. The Tier-I capital stood at 20.79%
  • In consonance with our policy of rewarding the shareholders, the board has recommended a final dividend of 18.50% at Rs 1.85 per share

Commenting on the performance, Kamlesh Gandhi - Founder, Chairman & Managing Director, Mas Financial Services, said, "We have over two & half decades demonstrated that "CONSISTENTLY AND STEADILY IS THE FASTEST WAY TO REACH WHERE YOU WANT TO". Crossing Rs 200 crore in PAT is an important milestone in the journey of the company. The main focus continues to remain on maintaining a strong capital base, adequate liquidity, and quality of assets thus creating very strong enablers for the future growth of the company. Registering a robust growth of 25% this year reconfirms our conviction to demonstrate long-term consistent growth between 20%-25% across various cycles as demonstrated over more than two decades."



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Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

MAS Financial Services Ltd Stocks COMPARISION


Equity Capital: 1,317.41 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 943.10 32,637.51
LAST 3M 17,174.81 50,737.17
LAST 6M 66,045.02 26,732.81
LAST 12M 121,409.17 72,523.78
MAS Financial Services Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 26, 2023 l NSE Announcement

MAS Financial Services Limited - Other General Purpose

May 25, 2023 l NSE Announcement

Date Action Type Ratio
Jul 19, 2023 Dividend 18.5
Feb 10, 2023 Dividend 18
Aug 12, 2022 Dividend 17.5

MAS Financial Services Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • MAS Financial Services Limited is a Gujarat-headquartered NBFC with more than two decades of business operations. The company`s business and financing products are primarily focused on middle and lower income customer segments spread across urban, semi urban and rural areas, and including formal and informal sector. The company offers financial services for Micro Enterprises Loans, SME Loans, Home Loans, Two Wheeler Loans, Used Car Loans, and Commercial Vehicle Loans to satisfy their varied needs. It has a strong distribution network of 99 branches in major cities of Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Tamil Nadu and Karnataka with around 3300 centers reach and more than 100 NBFCs also being the part of distribution arrangement. 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. Its current Branch Network stands at 125 branches.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540749
Book Closure Date (Month) : Aug
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 30, 2023 12:34 PM the closing price of MAS Financial Services Ltd was ₹ 736.75.

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 30, 2023 12:34 PM, the market cap of MAS Financial Services Ltd stood at ₹ 4,027.22.

The latest PE ratio of MAS Financial Services Ltd as of May 30, 2023 12:34 PM is 19.82

The latest PB ratio of MAS Financial Services Ltd as of May 30, 2023 12:34 PM is 0.38

The 52-week high of MAS Financial Services Ltd is ₹ 937.95 while the 52-week low is ₹ 480.50

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