NSE / BSEFinancial Services
β‚Ή314.80-3.65-1.15%
P/E17.0Mkt Capβ‚Ή5.67 K CrEV/EBITDA0.0

MAS Financial Services Limited

P/E17.0Mkt Capβ‚Ή5.67 K CrEV/EBITDA0.0
Company Profile

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

Valuation

Market Cap
β‚Ή0.00
β€”
Current Price
β‚Ή0
β€”as of 28 Jul 2026
P/E Ratio
0.0x
β€”
P/B Ratio
0.0x
β€”
EV / EBITDA
β€”
β€”
EV / Sales
β€”
β€”
52W High
β‚Ή0
β€”
52W Low
β‚Ή0
β€”
Shares Out
0.00 Cr
β€”

Profitability

Operating Margin
0.0%
β€”
Net Profit Margin
0.0%
β€”
EBITDA Margin
0.0%
β€”

Returns

ROE
0.0%
β€”
ROCE
0.0%
β€”
ROIC %
β€”
β€”
ROA
0.0%
β€”
Dividend Payout
0.0%
β€”

Solvency

Current Ratio
0.0x
β€”
Debt / Equity
β€”
β€”
Debt / Assets
0.0x
β€”
CFO / Net Profit
0.0x
β€”
Interest Coverage
β€”
β€”

AI Summary

Indian Stock

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Rule-based from financial data. Not advice.

Price Historyβ–Ό 0.60% over 1Y
Monthly Returns

Historically, Apr has averaged the highest return (+8.6%); Mar the lowest (-6.3%).

Average from:
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+0.6%Neutral MonthJan 2026: +0.57%-0.3%Neutral MonthFeb 2026: -0.28%-13.6%Negative MonthMar 2026: -13.58%+21.4%Positive MonthApr 2026: +21.42%-9.2%Negative MonthMay 2026: -9.22%+0.4%Neutral MonthJun 2026: +0.42%+1.5%*Neutral MonthJul 2026: +1.55%β€”β€”β€”β€”β€”
2025-7.7%Negative MonthJan 2025: -7.65%-7.7%Negative MonthFeb 2025: -7.68%+4.9%Positive MonthMar 2025: +4.88%+8.8%Positive MonthApr 2025: +8.85%+10.1%Positive MonthMay 2025: +10.05%+4.5%Positive MonthJun 2025: +4.53%+0.0%Neutral MonthJul 2025: +0.03%+0.6%Neutral MonthAug 2025: +0.62%-3.0%Negative MonthSep 2025: -3.02%+1.6%Neutral MonthOct 2025: +1.58%+1.1%Neutral MonthNov 2025: +1.08%+4.7%Positive MonthDec 2025: +4.70%
2024+14.7%Positive MonthJan 2024: +14.67%+1.1%Neutral MonthFeb 2024: +1.12%-15.4%Negative MonthMar 2024: -15.41%+5.0%Positive MonthApr 2024: +4.96%-3.0%Negative MonthMay 2024: -2.97%+1.6%Neutral MonthJun 2024: +1.61%-2.3%Negative MonthJul 2024: -2.28%+0.9%Neutral MonthAug 2024: +0.87%+0.4%Neutral MonthSep 2024: +0.43%-1.2%Neutral MonthOct 2024: -1.20%-3.3%Negative MonthNov 2024: -3.28%-1.2%Neutral MonthDec 2024: -1.20%
2023-2.5%Negative MonthJan 2023: -2.48%+2.9%Positive MonthFeb 2023: +2.90%-1.3%Neutral MonthMar 2023: -1.33%-12.8%Negative MonthApr 2023: -12.80%+4.9%Positive MonthMay 2023: +4.94%+5.8%Positive MonthJun 2023: +5.81%+1.0%Neutral MonthJul 2023: +1.01%+4.0%Positive MonthAug 2023: +3.98%+10.6%Positive MonthSep 2023: +10.58%-2.8%Negative MonthOct 2023: -2.81%-4.0%Negative MonthNov 2023: -4.00%+3.1%Positive MonthDec 2023: +3.14%
2022-22.6%Negative MonthJan 2022: -22.58%+16.1%Positive MonthFeb 2022: +16.07%-5.9%Negative MonthMar 2022: -5.91%+20.3%Positive MonthApr 2022: +20.33%-14.4%Negative MonthMay 2022: -14.35%-10.2%Negative MonthJun 2022: -10.24%+9.0%Positive MonthJul 2022: +9.01%+39.5%Positive MonthAug 2022: +39.55%-2.1%Negative MonthSep 2022: -2.15%+4.3%Positive MonthOct 2022: +4.28%+10.8%Positive MonthNov 2022: +10.85%-4.6%Negative MonthDec 2022: -4.64%
2021β€”β€”β€”β€”β€”-7.3%Negative MonthJun 2021: -7.34%-4.1%Negative MonthJul 2021: -4.08%-6.1%Negative MonthAug 2021: -6.13%+1.1%Neutral MonthSep 2021: +1.10%-3.0%Negative MonthOct 2021: -2.97%-9.1%Negative MonthNov 2021: -9.09%-7.9%Negative MonthDec 2021: -7.85%
AvgΒ±SD-3.5%Β±12.1%+2.4%Β±7.7%-6.3%Β±7.6%+8.6%Β±12.4%-2.3%Β±8.9%-0.9%Β±5.9%+0.9%Β±4.1%+7.8%Β±16.2%+1.4%Β±4.8%-0.2%Β±2.8%-0.9%Β±6.7%-1.2%Β±4.7%
* Current month β€” value will change until month-end.

Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β€” the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.

Seasonal Tendency

This aggregates every month by calendar position β€” all Januaries together, all Februaries together, and so on β€” to show whether a given month has leaned positive or negative historically. β€˜Simple’ counts each month as +1 or βˆ’1. β€˜Weighted’ gives larger moves more influence: +2 above +10%, βˆ’2 below βˆ’10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations β€” read it as a historical tendency, not a reliable seasonal pattern.

Historical Trend

This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.

Year-to-Date ROI
Average from:
SD Γ—
Latest: 0.974x (2026)

Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β€” at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in β€œAverage from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.

Historical Performance

Revenue, profitability, and cash flow trends (β‚Ή Crores)

Revenue (10Y)

Operating Income (10Y)

Net Profit (10Y)

Operating Margin % (10Y)

Dividend Payout % (10Y)

Free Cash Flow (10Y)

Growth Summary

Latest fiscal year: Mar 2025

Revenueβ‚Ή1.52 K Crβ–² 23.8%
EBITDA Growthβ€”
Net Profitβ‚Ή306.00 Crβ–² 23.4%
Cash from Ops (CFO)β€”
Free Cash Flow (FCF)β€”β–Ό 533.3%
Revenue CAGR 5Y12.8%
EBITDA CAGR 5Y0.0%
Net Profit CAGR 5Y8.2%
NP Growth 1Y23.4%

Historical Growth

Year-by-year revenue, profitability, and cash flow (β‚Ή Crores, last 10 years)

YearRevenueOp. IncomeNet ProfitCFOFCFROERev Growth 1YNP Growth 1Y
Mar 2025β‚Ή1.52 K Crβ€”β‚Ή306.00 Crβ€”β€”β€”23.8%23.4%
Mar 2024β‚Ή1.23 K Crβ€”β‚Ή248.00 Crβ€”β€”β€”30.8%23.4%
Mar 2023β‚Ή939.00 Crβ€”β‚Ή201.00 Crβ€”β€”β€”43.1%27.2%
Mar 2022β‚Ή656.00 Crβ€”β‚Ή158.00 Crβ€”β€”β€”10.4%9.7%
Mar 2021β‚Ή594.00 Crβ€”β‚Ή144.00 Crβ€”β€”β€”-11.6%-13.8%
Mar 2020β‚Ή672.00 Crβ€”β‚Ή167.00 Crβ€”β€”β€”17.5%9.9%
Mar 2019β‚Ή572.00 Crβ€”β‚Ή152.00 Crβ€”β€”β€”26.8%47.6%
Mar 2018β‚Ή451.00 Crβ€”β‚Ή103.00 Crβ€”β€”β€”32.3%53.7%
Mar 2017β‚Ή341.00 Crβ€”β‚Ή67.00 Crβ€”β€”β€”16.0%26.4%
Mar 2016β‚Ή294.00 Crβ€”β‚Ή53.00 Crβ€”β€”β€”30.1%35.9%

Financial Statements

Income statement, balance sheet, and cash flow (β‚Ή Crores, as reported)

Consolidated Figures in USD Millions.

Unnamed: 0Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue1782262943414515726725946569391,2281,5201,705
Finance Costs77107136152171205275266321476617730793
Total Expenses53607685111130164129123196277375464
Financing Profit486082104168237234198212267334415448
Financing Margin %27%26%28%30%37%41%35%33%32%28%27%27%26%
Other Income0000-2-2-3-311114
Depreciation & Amortisation1111112222456
Profit Before Tax485982103165234228193211265331410447
Tax %34%34%35%35%37%35%27%26%25%24%25%25%-
Net Profit / PAT32395367103152167144158201248306333
EPS (β‚Ή)6.608.0911.125.236.319.2810.168.759.6112.2515.1116.8618.31
Dividend Payout %18%20%20%20%19%18%26%6%10%10%23%10%-

Peer Comparison

Financials sector peers, ranked by market cap

CompanyMarket CapRevenueP/EP/BEV/EBITDARev G 1Y
MAS Financial Services Limitedthis co.β‚Ή5.67 K Crβ‚Ή1.52 K Cr17.002.030.0023.8%
HDFC Bank Ltd.β‚Ή14.43 L Crβ‚Ή3.01 L Cr20.302.78β€”16.3%
ICICI Bank Ltd.β‚Ή10.28 L Crβ‚Ή1.63 L Cr20.703.32β€”14.3%
State Bank Of Indiaβ‚Ή9.49 L Crβ‚Ή4.62 L Cr13.301.83β€”11.4%
Bajaj Finance Limitedβ‚Ή5.91 L Crβ‚Ή61.95 K Cr36.806.33β€”32.0%
LIFE INSURANCE CORPORATION OF INDIAβ‚Ή5.26 L Crβ‚Ή8.87 L Cr10.303.739.875.2%
Kotak Mahindra Bank Ltd.β‚Ή4.24 L Crβ‚Ή52.92 K Cr31.703.39β€”15.5%
Industry Averageβ€”β‚Ή30.80 K Cr45.914.8770.9114.6%

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