MASFIN - MAS Financial Services Limited Share Price

Finance

₹305.00+4.00(+1.33%)

Market Closed as of Aug 12, 2025, 15:30 IST

Select time range

Valuation
Market Cap	5.49 kCr
Price/Earnings (Trailing)	16.82
Price/Sales (Trailing)	3.22
EV/EBITDA	4.05
Price/Free Cashflow	-4.73
MarketCap/EBT	12.48
Enterprise Value	5.04 kCr

Fundamentals
Revenue (TTM)	1.7 kCr
Rev. Growth (Yr)	27.8%
Earnings (TTM)	328.01 Cr
Earnings Growth (Yr)	19.3%

Profitability
Operating Margin	26%
EBT Margin	26%
Return on Equity	12.38%
Return on Assets	2.69%
Free Cashflow Yield	-21.12%

Price to Sales Ratio

Latest reported: 3

Revenue (Last 12 mths)

Latest reported: 2 kCr

Net Income (Last 12 mths)

Latest reported: 328 Cr

Growth & Returns
Price Change 1W	1%
Price Change 1M	-1.6%
Price Change 6M	24.6%
Price Change 1Y	9.6%
3Y Cumulative Return	12.9%
5Y Cumulative Return	6.7%
7Y Cumulative Return	6.8%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-828.19 Cr
Cash Flow from Operations (TTM)	-1.13 kCr
Cash Flow from Financing (TTM)	2.2 kCr
Cash & Equivalents	448.65 Cr
Free Cash Flow (TTM)	-1.16 kCr
Free Cash Flow/Share (TTM)	-63.88

Balance Sheet
Total Assets	12.2 kCr
Total Liabilities	9.55 kCr
Shareholder Equity	2.65 kCr
Net PPE	21.32 Cr
Inventory	0.00
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.00
Debt/Equity	0.00
Interest Coverage	-0.45
Interest/Cashflow Ops	-0.42

Dividend & Shareholder Returns
Dividend/Share (TTM)	1.51
Dividend Yield	0.50%
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	10.7%

Risk & Volatility
Max Drawdown	-26.8%
Drawdown Prob. (30d, 5Y)	43.08%
Risk Level (5Y)	45.5%

Pros

Technicals: Bullish SharesGuru indicator.

Size: Market Cap wise it is among the top 20% companies of india.

Growth: Awesome revenue growth! Revenue grew 24.5% over last year and 129.9% in last three years on TTM basis.

Profitability: Very strong Profitability. One year profit margin are 19%.

Smart Money: Smart money has been increasing their position in the stock.

Cons

No major cons observed.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	0.50%
Dividend/Share (TTM)	1.51
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	17.98

Financial Health
Debt/Equity	0.00

Technical Indicators
RSI (14d)	10.51
RSI (5d)	37.34
RSI (21d)	45.22
MACD Signal	Sell
Stochastic Oscillator Signal	Buy
Grufity Signal	Sell
RSI Signal	Buy
RSI5 Signal	Hold
RSI21 Signal	Hold
SMA 5 Signal	Sell
SMA 10 Signal	Sell
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Summary of Latest Earnings Report from MAS Financial Services

Summary of MAS Financial Services's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Share Holdings

Understand MAS Financial Services ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
Shweta Kamlesh Gandhi	27.01%
Late Mukesh Chimanlal Gandhi	26.71%
Kamlesh Chimanlal Gandhi	10.48%
Business Excellence Trust Iii - India Business Excellence Fund Iii	6.69%
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	6.58%
Bandhan Value Fund	3.91%
Prarthana Marketing Private Limited	2.18%
Bavaria Industries Group Ag	1.33%
Anamaya Capital Llp	0.17%
Dhvanil K Gandhi	0.06%
Dhriti Kamlesh Gandhi	0.02%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is MAS Financial Services Better than it's peers?

Detailed comparison of MAS Financial Services against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BAJFINANCE	Bajaj Finance	5.3 LCr	73.15 kCr	-8.60%	+29.10%	17.52	7.25	-	-
CHOLAFIN	Cholamandalam Investment and Finance Co.	1.22 LCr	27.65 kCr	-5.50%	+7.40%	27.33	4.4	-	-
SHRIRAMFIN	Shriram Finance	1.15 LCr	43.8 kCr	-8.60%	+2.60%	16.2	2.62	-	-
M&MFIN	Mahindra & Mahindra Financial Services	35.72 kCr	19.19 kCr	-3.30%	-14.00%	14.01	1.86	-	-
CREDITACC	CreditAccess Grameen	20.72 kCr	5.71 kCr	-0.70%	+4.20%	106.68	3.63	-	-

Sector Comparison: MASFIN vs Finance

Comprehensive comparison against sector averages

Comparative Metrics

MASFIN metrics compared to Finance

Category	MASFIN	Finance
PE	16.82	24.89
PS	3.22	5.00
Growth	24.5 %	10 %

Performance Comparison

MASFIN vs Finance (2021 - 2025)

Key Insights

1. MASFIN is NOT among the Top 10 largest companies in Non Banking Financial Company(NBFC).
2. The company holds a market share of 0.5% in Non Banking Financial Company(NBFC).
3. In last one year, the company has had an above average growth that other Non Banking Financial Company(NBFC) companies.

Income Statement for MAS Financial Services

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Total income	24.4%	1,600	1,286	990	691	628	722
Revenue From Operations	24.8%	1,596	1,279	988	690	627	722
Total interest earned	26.2%	1,359	1,077	843	602	517	597
Fees and commission income	27.7%	84	66	51	18	28	16
Other revenue from operations	22.3%	149	122	71	66	81	109
Other income	-42.4%	4.18	6.52	2.43	0.93	0.73	0.36
Total Expenses	24.7%	1,179	946	719	475	432	484
Employee Expense	34.3%	134	100	71	48	35	59
Finance costs	18%	763	647	496	339	285	296
Depreciation and Amortization	39.8%	5.6	4.29	2.72	2.07	2.57	2.85
Fees and commission expenses	39.6%	68	49	57	23	6.24	6.02
Impairment on financial instruments	41.1%	128	91	53	35	78	89
Other expenses	48.1%	81	55	39	28	25	31
Profit Before exceptional items and Tax	23.9%	421	340	272	216	196	239
Total profit before tax	23.9%	421	340	272	216	196	239
Current tax	30.5%	108	83	65	55	59	63
Deferred tax	-191.7%	-0.66	2.81	1.07	0.01	-8.9	-5.61
Tax expense	24.7%	107	86	66	55	50	57
Total profit (loss) for period	23.7%	314	254	206	161	146	181
Other comp. income net of taxes	7.7%	15	14	-18.42	-7.77	7.75	4.73
Total Comprehensive Income	22.8%	329	268	187	153	153	186
Reserve excluding revaluation reserves	-100.1%	0	1,619	-	-	1,125	-
Earnings Per Share, Basic	15.2%	17.48	15.31	12.393333	9.713333	8.803333	10.973333
Earnings Per Share, Diluted	15.2%	17.48	15.31	12.393333	9.713333	8.803333	10.973333
Debt equity ratio	-	-	-	-	-	-	-
Interest service coverage ratio	-	-	-	-	-	-	-

Description	(%) Q/Q	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Total income	6.4%	467	439	410	386	365	347
Revenue From Operations	6.4%	466	438	410	384	364	346
Total interest earned	4.6%	389	372	351	325	311	291
Fees and commission income	26.1%	30	24	21	19	19	17
Other revenue from operations	10%	45	41	37	39	32	35
Other income	-152.1%	0.75	1.48	0.66	1.25	0.79	1.44
Total Expenses	7.4%	351	327	302	282	268	254
Employee Expense	8.6%	39	36	34	33	31	30
Finance costs	7.5%	217	202	195	185	181	171
Depreciation and Amortization	28.8%	1.67	1.52	1.45	1.36	1.27	1.2
Fees and commission expenses	19%	26	22	18	16	11	12
Impairment on financial instruments	-2.3%	43	44	33	27	25	22
Other expenses	9.5%	24	22	20	19	19	18
Profit Before exceptional items and Tax	3.6%	116	112	108	104	97	94
Total profit before tax	3.6%	116	112	108	104	97	94
Current tax	3.3%	32	31	28	25	24	21
Deferred tax	-2.8%	-2.36	-2.27	-0.61	1.13	1.09	2.52
Tax expense	0%	29	29	28	26	25	24
Total profit (loss) for period	4.9%	87	83	80	78	73	70
Other comp. income net of taxes	-534.6%	-8.3	3.14	11	-1.87	2.71	8.32
Total Comprehensive Income	-10.5%	78	87	92	76	75	78
Reserve excluding revaluation reserves	-	-	-	-	-	-	1,619
Earnings Per Share, Basic	7.6%	4.82	4.55	3.88	4.73	4.32	4.23
Earnings Per Share, Diluted	7.6%	4.82	4.55	3.88	4.73	4.32	4.23

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Total income	24.1%	1,520	1,225	949	657	594	683
Revenue From Operations	24.7%	1,517	1,217	946	656	592	682
Total interest earned	26.2%	1,290	1,022	807	569	483	559
Fees and commission income	26.6%	82	65	50	17	28	16
Other revenue from operations	22.4%	143	117	68	64	81	107
Other income	-64.8%	3.26	7.42	3	1.51	1.71	0.72
Total Expenses	24.3%	1,110	893	684	446	401	449
Employee Expense	32.6%	115	87	62	42	30	52
Finance costs	17.6%	722	614	475	320	264	272
Depreciation and Amortization	39.1%	4.91	3.81	2.4	1.78	2.13	2.32
Fees and commission expenses	39.6%	68	49	57	23	6.24	6.02
Impairment on financial instruments	40.4%	126	90	53	34	75	87
Other expenses	49%	74	50	34	25	24	29
Profit Before exceptional items and Tax	23.9%	410	331	265	212	193	234
Total profit before tax	23.9%	410	331	265	212	193	234
Current tax	30%	105	81	63	54	58	62
Deferred tax	-169.2%	-0.35	2.95	1.11	0.12	-8.71	-5.69
Tax expense	24.1%	104	84	64	54	49	56
Total profit (loss) for period	23.5%	306	248	201	158	144	178
Other comp. income net of taxes	-13.3%	14	16	-19.45	-7.58	7.51	4.7
Total Comprehensive Income	21.3%	320	264	182	150	151	183
Reserve excluding revaluation reserves	-	0	-	-	-	1,118	-
Earnings Per Share, Basic	15%	17.23	15.11	12.253333	9.623333	8.75	10.866667
Earnings Per Share, Diluted	15%	17.23	15.11	12.253333	9.623333	8.75	10.866667
Debt equity ratio	-	-	-	-	-	-	-
Interest service coverage ratio	-	-	-	-	-	-	-

Description	(%) Q/Q	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Total income	6.5%	444	417	390	367	346	330
Revenue From Operations	6.2%	443	417	390	365	346	328
Total interest earned	4.5%	369	353	333	308	295	276
Fees and commission income	26.1%	30	24	21	18	19	17
Other revenue from operations	7.7%	43	40	36	37	30	34
Other income	-6.7%	0.36	0.4	0.38	1.9	0.58	1.43
Total Expenses	7.5%	331	308	285	265	252	238
Employee Expense	6.7%	33	31	29	28	27	26
Finance costs	7.9%	206	191	185	175	171	162
Depreciation and Amortization	38.2%	1.47	1.34	1.27	1.19	1.11	1.06
Fees and commission expenses	19%	26	22	18	16	11	12
Impairment on financial instruments	-2.4%	42	43	33	26	24	21
Other expenses	10.5%	22	20	19	18	18	17
Profit Before exceptional items and Tax	2.8%	112	109	105	102	94	91
Total profit before tax	2.8%	112	109	105	102	94	91
Current tax	3.4%	31	30	28	24	23	20
Deferred tax	-10%	-2.2	-1.91	-0.59	1.12	1.03	2.62
Tax expense	3.7%	29	28	27	26	24	23
Total profit (loss) for period	3.8%	84	81	78	77	70	68
Other comp. income net of taxes	-501%	-7.14	3.03	14	4.09	1.81	9.04
Total Comprehensive Income	-8.4%	77	84	92	81	72	77
Earnings Per Share, Basic	4.6%	4.62	4.46	4.31	4.21	4.25	4.15
Earnings Per Share, Diluted	4.6%	4.62	4.46	4.31	4.21	4.25	4.15

Balance Sheet for MAS Financial Services

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	37.8%	449	326	213	569	239	387
Trade receivables	-38.6%	4.67	6.98	6.54	4.65	4.3	7.47
Loans	7.1%	9,174	8,564	7,719	6,800	6,246	5,639
Investments	68.1%	1,526	908	726	794	791	933
Other financial assets	46%	166	114	79	73	62	52
Total finanical assets	10.8%	12,012	10,846	-	-	-	-
Current tax assets (Net)	0%	1.45	1.45	2.52	2.52	2.52	5.08
Property, plant and equipment	0%	21	21	21	19	15	14
Capital work-in-progress	12.5%	91	81	70	61	58	53
Total non-financial assets	14.1%	187	164	-	-	-	-
Total assets	10.8%	12,199	11,010	9,547	8,949	8,014	7,728
Equity share capital	0%	181	181	164	55	55	55
Non controlling interest	-	41	-	36	27	26	24
Total equity	7.9%	2,650	2,457	1,819	1,672	1,545	1,399
Debt securities	64.4%	1,464	891	627	616	627	604
Borrowings	6%	7,388	6,973	6,497	6,097	5,248	4,955
Subordinated liabilities	0.3%	304	303	302	253	253	122
Total financial liabilities	11.7%	9,521	8,527	-	-	-	-
Current tax liabilities	30.7%	11	8.65	4.7	2.28	2.06	1.83
Provisions	-17.7%	9.23	11	10	10	9.49	8.42
Total non financial liabilities	4%	27	26	-	-	-	-
Total liabilities	-	9,549	-	7,729	7,277	6,469	6,330
Total equity and liabilities	10.8%	12,199	11,010	9,547	8,949	8,014	7,728

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	43.3%	438	306	178	565	238	384
Trade receivables	-35.3%	4.66	6.66	6.52	4.63	4.27	7.44
Loans	6.7%	8,614	8,076	7,265	6,408	5,910	5,358
Investments	65.9%	1,594	961	788	840	826	969
Other financial assets	48.6%	163	110	76	71	60	48
Total finanical assets	10.8%	11,484	10,364	-	-	-	-
Current tax assets (Net)	0%	1.45	1.45	2.52	2.52	2.52	5.08
Property, plant and equipment	0%	19	19	19	18	14	14
Capital work-in-progress	12.5%	91	81	70	61	58	53
Total non-financial assets	13.2%	181	160	-	-	-	-
Total assets	10.8%	11,664	10,524	9,109	8,562	7,677	7,447
Equity share capital	0%	181	181	164	55	55	55
Total equity	7.7%	2,586	2,401	1,769	1,631	1,506	1,365
Debt securities	64.4%	1,464	891	627	616	627	604
Borrowings	5.8%	6,934	6,554	6,120	5,761	4,958	4,718
Subordinated liabilities	0.3%	304	303	302	253	253	122
Total financial liabilities	11.8%	9,053	8,098	-	-	-	-
Current tax liabilities	39.3%	11	8.18	4.29	1.92	1.86	1.44
Provisions	-18%	9.2	11	10	10	9.48	8.41
Total non financial liabilities	4.2%	26	25	-	-	-	-
Total liabilities	-	9,079	-	7,340	6,931	6,171	6,082
Total equity and liabilities	10.8%	11,664	10,524	9,109	8,562	7,677	7,447

Cash Flow for MAS Financial Services

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	18%	763	647	496	339	-	-
Depreciation	39.8%	5.6	4.29	2.72	2.07	-	-
Impairment loss / reversal	41.1%	128	91	53	35	-	-
Adjustments for interest income	26.2%	1,359	1,077	843	602	-	-
Net Cashflows From Operations	3%	-1,588.88	-1,638.79	-1,727.83	-950.13	-	-
Interest paid	11.6%	780	699	485	355	-	-
Interest received	26.9%	1,335	1,052	786	568	-	-
Income taxes paid (refund)	25.3%	100	80	61	65	-	-
Net Cashflows From Operating Activities	17%	-1,133.48	-1,366.05	-1,487.95	-802.35	-	-
Proceeds from sales of PPE	-12.4%	0	0.11	0.24	0	-	-
Purchase of property, plant and equipment	19%	26	22	9.58	5.11	-	-
Purchase of intangible assets	332%	2.16	0.5	1.04	0.19	-	-
Purchase of intangible assets under development	203.9%	1.79	0.24	0.33	0.04	-	-
Interest received	-	0	0	39	25	-	-
Other inflows/outflows of cash	-	0	0	23	-550.47	-	-
Net Cashflows From Investing Activities	-1792.2%	-828.19	50	-242.04	-819.89	-	-
Proceeds from issuing shares	12100%	489	5	0.01	0	-	-
Proceeds from issuing debt etc	-	0	0	0	4	-	-
Proceeds from borrowings	19.3%	4,332	3,632	2,987	2,116	-	-
Repayments of borrowings	11.9%	2,596	2,320	1,284	1,182	-	-
Payments of lease liabilities	65.2%	0.84	0.54	0.28	0.52	-	-
Dividends paid	0%	27	27	19	15	-	-
Net Cashflows From Financing Activities	70.4%	2,198	1,290	1,684	923	-	-
Net change in cash and cash eq.	970.4%	236	-26	-45.97	-699.55	-	-

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	17.6%	722	614	475	320	-	-
Depreciation	39.1%	4.91	3.81	2.4	1.78	-	-
Impairment loss / reversal	40.4%	126	90	53	34	-	-
Unrealised forex losses/gains	-	0.48	0	0	0	-	-
Dividend income	0%	1.26	1.26	1.12	0.66	-	-
Adjustments for interest income	26.2%	1,290	1,022	807	569	-	-
Net Cashflows From Operations	4.8%	-1,464.88	-1,538.84	-1,634.2	-957.72	-	-
Dividends received	0%	1.26	1.26	1.12	0.66	-	-
Interest paid	9.2%	726	665	463	336	-	-
Interest received	27%	1,267	998	750	535	-	-
Income taxes paid (refund)	24.7%	97	78	59	64	-	-
Net Cashflows From Operating Activities	20.5%	-1,019.91	-1,282.84	-1,405.45	-820.84	-	-
Proceeds from sales of PPE	-	0	0	0.24	0	-	-
Purchase of property, plant and equipment	47.4%	29	20	9.17	4.99	-	-
Proceeds from sales of investment property	-	2,819	0	0	0	-	-
Purchase of investment property	-	3,625	0	0	0	-	-
Purchase of intangible assets	-	0	0	1.04	0.19	-	-
Purchase of intangible assets under development	-	0	0	0.3	0.04	-	-
Interest received	-	0	0	38	24	-	-
Other inflows/outflows of cash	-	0	0	26	-524.95	-	-
Net Cashflows From Investing Activities	-3443.6%	-834.91	26	-228.54	-805.31	-	-
Proceeds from issuing shares	-	484	0	0	0	-	-
Proceeds from issuing debt etc	-100%	0	3,637	386	400	-	-
Proceeds from borrowings	-	4,152	0	2,471	1,599	-	-
Repayments of borrowings	3.3%	2,493	2,413	1,236	1,049	-	-
Payments of lease liabilities	58.2%	0.77	0.45	0.22	0.42	-	-
Dividends paid	0%	27	27	19	15	-	-
Net Cashflows From Financing Activities	76.8%	2,115	1,197	1,601	935	-	-
Net change in cash and cash eq.	525.7%	260	-59.84	-32.72	-691.55	-	-

What does MAS Financial Services Limited do?

Non Banking Financial Company(NBFC)•Financial Services•Small Cap

MAS Financial Services Limited, a non-banking finance company, provides retail financing services in India. The company offers micro enterprise, small and medium enterprise, two-wheeler, commercial vehicle, salaried personal, used car, tractor, and housing loans. MAS Financial Services Limited serves through distribution network of partner micro-finance institutions, non-banking finance companies, housing finance companies, and franchisees. The company was incorporated in 1995 and is based in Ahmedabad, India.

Industry Group:Finance

Employees:1,892

Website:www.mas.co.in

MASFIN - MAS Financial Services Limited Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Risk & Volatility

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does MAS Financial Services Limited do?