Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Mas Financial Services Earnings Call Transcript: Key Takeaways

MAS Financial Services reported Q1 FY27 consolidated PAT growth of 27% YoY to ₹110 crore on AUM of ₹16,100 crore, maintaining strong asset quality with GNPA at 2.58%.

Guidance and delivery
Management target Net Profit 25.0% FY27
Highlights
Revenue growthStandalone total income grew 20% YoY to ₹530 crore.
MarginsTargeting spreads of 7%-7.5% and NIMs of 8%-8.5%.
Demand visibilityRobust demand in MSME; slightly lower eligible demand in CV.
Management confidenceHigh; 125 consecutive quarters of consistent performance.

Growth

Consolidated AUM grew 21% YoY; standalone PAT increased 25% to ₹105 crore; MSME loans (77% of book) grew 21-23%.

Outlook

Guidance of 20%-25% AUM growth; aim to double AUM every 3-3.5 years; target ROA range of 2.75%-3.25%.

Risks

Potential impacts from Gujarat floods; West Asia crisis manageable via tighter credit screens; slight uptick in CV credit costs.

Last quarter's promises, checked

Delivered

  • Guided 20%-25% AUM growth → delivered 21% (= BEAT)
  • Targeted 2.75%-3% ROA → delivered 2.75%-3.25% range (= BEAT)
  • Guided 1.25%-1.3% credit cost → delivered 1.25%-1.3% (= BEAT)

Partly delivered

  • Targeted 9.20%-9.25% borrowing cost → delivered 9.25% (= PARTIAL)

Missed

  • Aimed for ₹1,000 Cr Housing AUM by FY26 → delivered <₹1,000 Cr (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: MASFIN. Summary written with AI assistance from the document.

Read the document ↗

Mas Financial Services Ltd: key numbers

Share price
₹282.75
Market cap
₹5,131 Cr
Revenue (annual)
₹1,995 Cr
Net profit (annual)
₹371.2 Cr
P/E (TTM)
13.0×Sector 22.0×
Promoter holding
66.65%+0.00% QoQ
FII holding
3.69%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Mas Financial Services Ltd

All →
11:05 IST BSE
Debt & Borrowing

Mas Financial Services Debt & Borrowing

MAS Financial Services allotted non-convertible debt securities on 24 Sep 2026 as a reissue of forfeited shares. No issue price or investor count was disclosed in the filing.

10:59 IST BSE
Debt & Borrowing

Mas Financial Services Debt & Borrowing: ₹175 Cr

MAS Financial Services allotted 1,75,000 senior secured NCDs worth ₹175 Crore via private placement. The 24-month, 8.55% coupon debentures are rated CARE AA-/Stable.

Value
₹175.0 Cr
16:57 IST BSE
Other Announcement

Mas Financial Services Other Announcement

MAS Financial Services Limited has received an unsolicited ESG rating of "Strong" (Score 65) from CRISIL. This voluntary rating is based on publicly available data.

10:29 IST BSE
Debt & Borrowing

Mas Financial Services Debt & Borrowing: ₹3.33 Cr

MAS Financial Services Ltd will receive ₹3.33 Crore from the redemption of Optionally Convertible Preference Shares held in its subsidiary, MAS Rural Housing and Mortgage Finance Limited. This transaction involves the redemption of 33,33,340 OCPS held by the company.

Value
₹3.33 Cr
15:12 IST BSE
Other Announcement

Mas Financial Services Other Announcement

MAS Financial Services received a voluntary ESG rating of 61 (Strong) from ESG Risk Assessments & Insights Limited. The rating was assigned based on publicly available data.

17:55 IST BSE
Annual General Meeting

Mas Financial Services Annual General Meeting

MAS Financial Services Ltd conducted its 31st Annual General Meeting on September 02, 2026. Resolutions included dividend declaration, director appointment, and increased borrowing powers.