MAS Financial Services Ltd Share Price ₹300

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of MAS Financial Services Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue +	278	293	310	335	347	364	384	410	439	466	480	507	542
Interest	150	150	154	172	171	181	185	195	202	217	224	231	235
Expenses +	57	66	76	76	83	86	95	106	124	132	134	143	170
Financing Profit	72	77	81	86	93	97	104	109	114	117	123	133	138
Financing Margin %	26%	26%	26%	26%	27%	27%	27%	27%	26%	25%	26%	26%	25%
Other Income +	1	0	3	2	1	1	1	1	0	1	2	-4	3
Depreciation	1	1	1	1	1	1	1	1	2	2	2	2	2
Profit before tax	72	77	83	87	94	97	104	108	112	116	123	127	139
Tax %	21%	25%	25%	26%	25%	25%	25%	26%	26%	25%	26%	27%	25%
Net Profit +	57	58	62	64	70	73	78	80	83	87	91	93	104
EPS in Rs	3.43	3.47	3.73	3.88	4.23	3.95	4.23	4.38	4.54	4.71	4.98	5.08	5.68
Gross NPA %
Net NPA %

Financials of MAS Financial Services Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue +	238	309	365	477	605	710	627	690	980	1,289	1,597	1,995
Interest	113	142	165	187	225	299	286	340	498	650	770	907
Expenses +	62	82	92	118	138	175	143	132	209	297	403	579
Financing Profit	63	85	107	171	242	236	198	218	273	342	424	510
Financing Margin %	26%	27%	29%	36%	40%	33%	32%	32%	28%	27%	27%	26%
Other Income +	0	-0	-0	-2	-2	-3	0	1	1	2	3	2
Depreciation	1	1	1	2	2	3	3	2	3	4	6	7
Profit before tax	62	84	106	168	238	230	196	217	272	340	421	505
Tax %	34%	35%	35%	37%	35%	27%	26%	26%	24%	25%	25%	26%
Net Profit +	41	55	69	105	155	168	146	161	206	254	314	376
EPS in Rs	8.33	11.29	5.32	6.41	9.36	10.21	8.80	9.71	12.39	15.31	17.11	20.46
Dividend Payout %	19%	20%	20%	19%	18%	26%	6%	10%	10%	23%	10%	10%

Financials of MAS Financial Services Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	16	16	43	55	55	55	55	55	55	164	181	181
Reserves	88	122	241	725	861	932	1,125	1,295	1,464	1,619	2,427	2,793
Borrowing	1,124	1,404	1,311	1,455	2,273	2,796	3,513	4,439	6,128	7,426	9,156	10,317
Other Liabilities +	343	405	605	665	801	1,037	737	519	369	339	434	455
Total Liabilities	1,572	1,947	2,200	2,898	3,990	4,820	5,430	6,309	8,015	9,547	12,199	13,747
Fixed Assets +	4	8	9	58	13	15	12	14	17	25	27	76
CWIP	0	0	0	0	46	48	50	52	58	70	92	126
Investments	0	0	0	0	0	5	202	493	791	726	1,526	972
Other Assets +	1,567	1,938	2,191	2,840	3,932	4,752	5,166	5,750	7,149	8,726	10,554	12,573
Total Assets	1,572	1,947	2,200	2,898	3,990	4,820	5,430	6,309	8,015	9,547	12,199	13,747

Financials of MAS Financial Services Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-267	-281	-164	-386	-468	196	-578	-805	-1,426	-1,366	-1,133	-1,787
Cash from Investing Activity +	-2	-3	-4	-49	14	4	-199	-820	-304	50	-828	467
Cash from Financing Activity +	303	251	34	438	802	448	719	923	1,684	1,290	2,198	1,095
Net Cash Flow	34	-32	-134	3	348	648	-59	-702	-46	-26	236	-225
Free Cash Flow	-268	-285	-168	-435	-470	192	-580	-811	-1,437	-1,388	-1,163	-1,878
CFO/OP	-139%	-111%	-47%	-92%	-85%	52%	-109%	-133%	-177%	-130%	-87%	-117%

Financials of MAS Financial Services Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	44%	45%	32%	20%	18%	18%	13%	13%	14%	15%	14%	13%