MAS Financial Services Ltd (MASFIN) — shareholding pattern, promoter holding, financials and share price
About MAS Financial Services Ltd (MASFIN)
MAS Financial Services Ltd operates in the Non Banking Financial Company (NBFC) industry, within the Financial Services sector. It trades on the NSE as MASFIN and on the BSE under scrip code 540749. Its ISIN is INE348L01012.
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]
MAS Financial Services Limited primarily offers retail financing services focused on the lower and middle-income groups in India. This includes loans for micro-enterprise, SME, vehicles, and housing.
The company reported substantial asset growth in its latest quarter, with AUM reaching ₹137,823 million, an increase of 18.03% year-over-year.
Listed peers in Non Banking Financial Company (NBFC): Bengal & Assam Company Ltd, Paisalo Digital Ltd, Fedbank Financial Services Ltd, Dhenu Buildcon Infra Ltd, Northern Arc Capital Ltd, Mrugesh Trading Ltd.
Valuation & Returns
10 Jul 2026At ₹321.95 a share on 10 Jul 2026, MAS Financial Services Ltd (MASFIN) was valued at a price-to-earnings ratio of 15.54x against an industry P/E of 19.5x and a price-to-book of 2.24x on a book value of ₹143.79 per share as of Mar 2025. Solomo computes return on equity of 14.4% and return on capital employed of 10.62% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 15.54x
- Industry P/E
- 19.5x
- P/B
- 2.24x
- EPS (TTM)
- ₹20.71
- Book value / share
- ₹143.79
- ROE
- 14.4%
- ROCE
- 10.62%
- ROA
- 3.08%
- Debt / equity
- 3.51x
- Dividend yield
- 52.82%
- EBITDA margin
- 71.11%
- 52-week range
- ₹276 – ₹358.4
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, MAS Financial Services Ltd (MASFIN) reported revenue of ₹1,995 crore, net profit of ₹376 crore and earnings per share of ₹20.46. That compares with revenue of ₹1,597 crore and net profit of ₹314 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹542 crore and net profit ₹104 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 690 | 980 | 1,289 | 1,597 | 1,995 |
| Net profit (₹ cr) | 161 | 206 | 254 | 314 | 376 |
| EPS (₹) | 9.71 | 12.39 | 15.31 | 17.11 | 20.46 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 20.05% | 17.69% | 32.27% | 23.94% |
| Profit growth | 21.41% | 12.93% | 24.76% | 23.61% |
| Stock price CAGR | - | 2% | 7% | -9% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 66.65% of MAS Financial Services Ltd (MASFIN) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.68% and domestic institutional investors (DII) hold 19.69%. Market capitalisation was ₹5,842 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2017.
Largest disclosed public shareholders in Jun 2026: Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund 8.23%, Business Excellence Trust Iii - India Business Excellence Fund Iii 4.19%, Bandhan Value Fund 3.83%, Bavaria Industries Group Ag 1.72%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 66.65% | - | 3.68% | 19.69% | 33.35% |
| Mar 2026 | 66.65% | - | 3.46% | 20.04% | 33.35% |
| Dec 2025 | 66.63% | - | 3.13% | 20.24% | 33.37% |
| Sep 2025 | 66.63% | - | 3.18% | 20.16% | 33.37% |
| Jun 2025 | 66.63% | - | 3.06% | 19.99% | 33.37% |
| Mar 2025 | 66.63% | - | 3.12% | 20.13% | 33.37% |
| Dec 2024 | 66.63% | - | 3.01% | 20.02% | 33.37% |
| Sep 2024 | 66.63% | - | 2.72% | 20.23% | 33.37% |