MASFIN · NSE
MAS Financial Services Limited
₹288.95
+0.71% (+₹2.05)
Prev. close
₹286.9
Volume
3,60,227
Delivery %
65.9%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About MAS Financial Services Limited
MAS Financial Services Limited, a non-banking finance company (NBFC), provides retail financing services for individuals and businesses in India. It operates through Financing Activities and Others segments. The company offers micro-enterprise, small and medium enterprise, business, two-wheeler, used car, salaried personal, commercial vehicle and property, and housing finance loans; project loans for real estate projects; loans to NBFCs; and loans against property. It also engages in insurance broking activities. MAS Financial Services Limited was incorporated in 1995 and is headquartered in Ahmedabad, India.
Details
Sector
Financial Services
Industry
Credit Services
CEO
Ms. Darshana Saumil Pandya
Headquarters
Ahmedabad
Employees
1,933
Website
mas.co.inExchange
View on NSE ↗Key stats
Market cap
₹5,243.10 Cr
P/E ratio (TTM)
13.3
Dividend yield
0.69%
EPS (TTM)
₹21.73
Beta (1Y · daily vs NIFTY 50)
1.16
Beta (5Y · monthly vs NIFTY 50)
0.94
Shares float
6.07 Cr
EPS · quarter ended Jun 2026
₹5.98
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: Yahoo (no NSE corporate-actions ledger for this listing).
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹626.98 Cr | ₹690.17 Cr | ₹774.78 Cr | ₹1,008.33 Cr | ₹1,271.31 Cr | ₹1,531.77 Cr | |
| EBITDA | ₹483.48 Cr | ₹557.24 Cr | ₹310.50 Cr | ₹344.29 Cr | ₹427.14 Cr | ₹513.42 Cr |
| ₹144.36 Cr | ₹159.31 Cr | ₹203.26 Cr | ₹251.05 Cr | ₹310.38 Cr | ₹371.21 Cr | |
| Diluted EPS | ₹8.8 | ₹9.71 | ₹12.39 | ₹15.31 | ₹17.48 | ₹20.46 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹5,430.00 Cr | ₹6,309.00 Cr | ₹8,002.00 Cr | ₹9,547.00 Cr | ₹12,199.00 Cr | ₹13,747.00 Cr | |
| — | — | ₹5,874.83 Cr | ₹7,123.74 Cr | ₹9,181.43 Cr | ₹10,317.49 Cr | |
| Stockholders' equity | ₹1,180.00 Cr | ₹1,350.00 Cr | ₹1,519.00 Cr | ₹1,783.00 Cr | ₹2,608.00 Cr | ₹2,974.00 Cr |
Current assets, Cash & equivalents, Non-current assets, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated. Inventory shows ₹0 for 2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31 — this deck's own annual-report reading has no Inventory figure for this filer in any year shown (2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31, 2021-03-31, 2022-03-31 alike); the ₹0 shown here comes from this filer's own reported data feed rather than this deck's own extraction, and is positively consistent with a filer that holds no physical inventory (typical for lenders and other financial-services companies) rather than a display default. 2021-03-31, 2022-03-31 have no Inventory figure reaching this deck at all — not shown as zero, not shown as positive — left blank rather than assumed to match the other years.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹-578.00 Cr | ₹-805.00 Cr | ₹-1,488.00 Cr | ₹-1,366.00 Cr | ₹-1,123.00 Cr | ₹-1,787.00 Cr | |
| Investing cash flow | ₹-199.39 Cr | ₹-819.89 Cr | ₹-304.05 Cr | ₹50.08 Cr | ₹-828.19 Cr | ₹467.01 Cr |
| ₹719.00 Cr | ₹923.00 Cr | ₹1,684.00 Cr | ₹1,290.00 Cr | ₹2,187.00 Cr | ₹1,095.00 Cr | |
| Capital expenditure | ₹-2.01 Cr | ₹-5.34 Cr | ₹-10.95 Cr | ₹-22.29 Cr | ₹-29.54 Cr | ₹-91.66 Cr |
| End cash position | ₹987.11 Cr | — | ₹238.67 Cr | ₹212.67 Cr | ₹448.65 Cr | ₹223.66 Cr |
End cash position has filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22 | Sep 22–Mar 24(8Q) | Jun 24–Dec 25(8Q) | Mar 26–Jun 26(2Q) |
|---|---|---|---|---|---|---|---|
| Promoter | 73.60% | 73.62% | 73.64% | 73.71% | 73.73% | 66.63% | 66.65% |
| Public | 26.40% | 26.38% | 26.36% | 26.29% | 26.27% | 33.37% | 33.35% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.27 L Cr | ₹731 | 16.2 | 1.38 | 8.6% | 0.81 | +4.7% | -25.2% |
| ICICI Bank Limited | ₹9.75 L Cr | ₹1,347.6 | 17.6 | 2.69 | 14.9% | 0.57 | +9.1% | -5.0% |
| State Bank of India | ₹9.16 L Cr | ₹996.2 | 10.6 | 1.54 | 14.0% | 1.22 | +9.2% | +16.6% |
| Bajaj Finance Limited | ₹6.31 L Cr | ₹1,040.3 | 31.1 | 5.54 | 16.7% | 3.10 | +19.7% | +4.4% |
| Life Insurance Corporation Of India | ₹5.06 L Cr | ₹407.7 | 8.4 | 2.87 | 32.5% | — | +8.7% | -54.2% |
| Kotak Mahindra Bank Limited | ₹4.08 L Cr | ₹415 | 20.5 | 2.25 | 10.6% | 0.53 | -0.3% | -79.5% |
| Axis Bank Limited | ₹3.86 L Cr | ₹1,240 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +10.1% |
| Bajaj Finserv Limited | ₹2.98 L Cr | ₹1,852.5 | 29.4 | 3.82 | 12.6% | 4.64 | +13.6% | -10.5% |
| Shriram Finance Limited | ₹2.34 L Cr | ₹1,010 | 17.6 | 3.55 | 15.2% | 2.76 | +13.9% | +61.1% |
| SBI Life Insurance Company Limited | ₹1.77 L Cr | ₹1,731 | 68.0 | 9.29 | 12.9% | — | -4.3% | -5.0% |
| ICICI Prudential Asset Management Company Limited | ₹1.53 L Cr | ₹3,098 | 43.8 | 36.57 | 79.1% | — | +23.1% | — |
| MAS Financial Services Limited | ₹5,205.90 Cr | ₹288.95 | 13.2 | 1.75 | 12.5% | 3.47 | +20.5% | -8.0% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Show all 17
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
6 indices
Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
MAS Financial Services (NSE:MASFIN) Investor Meeting and Q1 FY27 Performance: Key Business Updates
Kalkine India · 1 day ago