MAS Financial Services Ltd
MAS Financial Services Limited is a non-deposit taking NBFC registered with the RBI. It is engaged in offering retail financing products for MSMEs, home loans, two-wheeler loans, used car loans and commercial vehicle loans. [1]
- Market Cap ₹ 4,987 Cr.
- Current Price ₹ 275
- High / Low ₹ 388 / 266
- Stock P/E 18.8
- Book Value ₹ 109
- Dividend Yield 0.55 %
- ROCE 11.7 %
- ROE 15.2 %
- Face Value ₹ 10.0
Pros
- Company's median sales growth is 26.8% of last 10 years
Cons
- Stock is trading at 2.53 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -7.10%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 143 | 185 | 238 | 309 | 365 | 477 | 605 | 710 | 627 | 690 | 980 | 1,284 | 1,357 |
Interest | 57 | 80 | 113 | 142 | 165 | 187 | 225 | 299 | 286 | 340 | 498 | 650 | 678 |
44 | 55 | 62 | 82 | 92 | 118 | 138 | 175 | 143 | 132 | 209 | 292 | 320 | |
Financing Profit | 41 | 50 | 63 | 85 | 107 | 171 | 242 | 236 | 198 | 218 | 273 | 342 | 358 |
Financing Margin % | 29% | 27% | 26% | 27% | 29% | 36% | 40% | 33% | 32% | 32% | 28% | 27% | 26% |
0 | 0 | 0 | -0 | -0 | -2 | -2 | -3 | 0 | 1 | 1 | 2 | 7 | |
Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 2 | 3 | 4 | 5 |
Profit before tax | 41 | 50 | 62 | 84 | 106 | 168 | 238 | 230 | 196 | 217 | 272 | 340 | 360 |
Tax % | 32% | 33% | 34% | 35% | 35% | 37% | 35% | 27% | 26% | 26% | 24% | 25% | |
27 | 33 | 41 | 55 | 69 | 105 | 155 | 168 | 146 | 161 | 206 | 254 | 269 | |
EPS in Rs | 9.10 | 6.79 | 8.33 | 11.29 | 5.32 | 6.41 | 9.36 | 10.21 | 8.80 | 9.71 | 12.39 | 15.31 | 15.79 |
Dividend Payout % | 13% | 17% | 19% | 20% | 20% | 19% | 18% | 26% | 6% | 10% | 10% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 16% |
3 Years: | 27% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 10% |
3 Years: | 20% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 1% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 14% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 16 | 16 | 16 | 43 | 55 | 55 | 55 | 55 | 55 | 55 | 164 |
Reserves | 45 | 61 | 88 | 122 | 241 | 725 | 861 | 932 | 1,125 | 1,295 | 1,464 | 1,619 |
607 | 816 | 1,124 | 1,404 | 1,311 | 1,455 | 2,273 | 2,796 | 3,513 | 4,439 | 6,128 | 7,426 | |
140 | 239 | 343 | 405 | 605 | 665 | 801 | 1,037 | 737 | 519 | 369 | 339 | |
Total Liabilities | 802 | 1,133 | 1,572 | 1,947 | 2,200 | 2,898 | 3,990 | 4,820 | 5,430 | 6,309 | 8,015 | 9,547 |
6 | 6 | 4 | 8 | 9 | 58 | 13 | 15 | 12 | 14 | 17 | 25 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 46 | 48 | 50 | 52 | 58 | 70 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 202 | 493 | 791 | 726 |
796 | 1,127 | 1,567 | 1,938 | 2,191 | 2,840 | 3,932 | 4,752 | 5,166 | 5,750 | 7,149 | 8,726 | |
Total Assets | 802 | 1,133 | 1,572 | 1,947 | 2,200 | 2,898 | 3,990 | 4,820 | 5,430 | 6,309 | 8,015 | 9,547 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-80 | -184 | -267 | -281 | -164 | -386 | -468 | 196 | -578 | -805 | -1,426 | -1,366 | |
4 | 0 | -2 | -3 | -4 | -49 | 14 | 4 | -199 | -820 | -304 | 50 | |
123 | 200 | 303 | 251 | 34 | 438 | 802 | 448 | 719 | 923 | 1,684 | 1,290 | |
Net Cash Flow | 48 | 16 | 34 | -32 | -134 | 3 | 348 | 648 | -59 | -702 | -46 | -26 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 56% | 49% | 44% | 45% | 32% | 20% | 18% | 18% | 13% | 13% | 14% | 15% |
Documents
Announcements
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Change In Record Date For Non-Convertible Debentures Issued By The Company
4 Oct - Change in record date for Non-Convertible Debentures.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Oct - Newspaper Publication for notice to shareholders for transfer of share to IEPF
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Closure of Trading Window
30 Sep - Closure of trading window from October 1, 2024.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Sep
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Sep - Schedule of analyst and investor meetings.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2010
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Financial Year 2007
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Financial Year 2006
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Financial Year 2005
from bse
Concalls
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Jul 2024Transcript PPT
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Apr 2024Transcript PPT
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Nov 2023Transcript PPT
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Sep 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Oct 2021Transcript PPT
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May 2021Transcript PPT
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Nov 2020TranscriptPPT
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Aug 2020Transcript PPT
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Jun 2020Transcript PPT
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Feb 2020TranscriptNotesPPT
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Nov 2019Transcript PPT
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Jul 2019Transcript PPT
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May 2019Transcript PPT
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Jan 2019Transcript PPT
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Oct 2018Transcript PPT
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Aug 2018Transcript PPT
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May 2018TranscriptNotesPPT
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May 2018Transcript PPT
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Jan 2018Transcript PPT
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Nov 2017Transcript PPT
AUM 9MFY24
Consolidated AUM : Rs. 10,216 crs.
Standalone : Rs. 9,672 crs.
AUM Mix
MEL : 45%
SME : 36%
2W loans : 7%
CV : 7%
Salaried PL : 5%[1]