Finance company Mas Financial Services announced Q3FY25 results Assets under Management (AUM) of Rs 11677.38 crore and Profit after Tax (PAT) of Rs 78.11 crore for Q3FY25 from Rs 9672.03 crore and Rs 62.44 crore respectively for Q3FY24. The AUM as on 30th September 2024 was Rs 11016.65 crore. A Growth of 20.73% in AUM and 25.09% in PAT over the corresponding period of Q3FY24. Capital Adequacy Ratio (including Tier ll capital) as of 31st December 2024 stood at 25.34%. The Tier-l capital stood al 23.13%. The portfolio quality remained stable and strong at 2.41% gross stage 3 assets and 1.62% net stage 3 assets of AUM as compared to 2.36% gross stage 3 assets and 1.57% net stage 3 assets of AUM as on 30th September 2024. The company continues to carry a management overlay of Rs 17.60 crore as on 31st December, 2024, 0.19% of the total on book assets. The MSME segment contributed ~60% in the YoY AUM growth of the company while other products also contributed meaningfully. Dividend: In consonance to our policy of rewarding the share holders the board has declared an interim dividend of 10% @ Rs 1 per share. Kamlesh Gandhi - Founder, Chairman & Managing Director, said: "We continue to demonstrate a fundamentally strong performance over a sustained period and more importantly through tough cycles too. Going forward we are confident to maintain fundamentally strong growth momentum backed by more than 25 years of track record, strong capitalization and strategy to prioritize risk management and profitability while focusing on growing consistently. Team MAS remains committed to its mission of excellence through endeavors." Result PDF
Finance company Mas Financial Services announced Q2FY25 results Assets under Management (AUM) of Rs 11,016.65 crore and Profit after Tax (PAT) of Rs 75.57 crore for Q2FY25 from Rs 9,046.19 crore and Rs 60.01 crore respectively for the quarter Q2FY24. The AUM as on Q1FY25 was Rs 10,383.59 crore. The standalone disbursement was Rs 3,022.13 crore during the quarter Q2FY25. A Growth of 21.78% in AUM and 27.50% inPAT overthe corresponding period of the previous year. Capital Adequacy Ratio (including Tier ll capital) as of Q2FY25 stood at 26.52%.The Tier-l capital stood at 23.76%. The portfolio quality remained stable and strong at 2.36% gross stage 3 assets and 1.57% net stage 3 assets of AUM as compared to 2.29% gross stage 3 assets and L.52% net stage 3 assets of AUM as on Q1FY25. The company continues to carry a management overlay of Rs 17.50 crore as on Q2FY25, 0.20% of the on book assets. Kamlesh Gandhi - Founder, Chairman & Managing Director, Mas Financial said: "We remain focused and committed to our basics of extending credit where it is due while demonstrating over all robust performance. We are confident to maintain a fundamentally strong and consistent growth. Adequate capitalization, strong asset quality and a track record of more than 25 years to navigate across various cycles will ensure the same thus creating value on a large scale for all its stakeholders. Team Mas remains committed to its mission of excellence through endeavors." Result PDF
Mas Financial Services announced Q1FY25 results: MAS Financial Services reports Assets under Management (AUM) of Rs 10,383.59 crore and Profit after Tax (PAT) of Rs 70.43 crore for the quarter ended 30th June 2024 from Rs 8,417.85 crore and Rs 57.25 crore respectively for the quarter ended 30th June 2023. The AUM as on 31s March 2024 was Rs 10,125.61 crore. A Growth of 23.35% in AUM and 23.02% in PAT over the corresponding period of the previous year. Capital Adequacy Ratio (including Tier I| capital) as of 30th June 2024 stood at 28.59%. The Tier-I capital stood at 25.39%. The portfolio quality remained stable and strong at 2.29% gross stage 3 assets and 1.52% net stage 3 assets of AUM as compared to 2.25% gross stage 3 assets and 1.51% net stage 3 assets of AUM as on 31st March 2024. The company continues to carry a management overlay of Rs 17.60 crore as on 30th June 2024, 0.22% of the on book assets. Commenting on the performance, Kamlesh Gandhi - Founder, Chairman & Managing Director, said: "As we usher in to the next phase, post reaching an important milestone of Rs 10,000 crore in AUM, we are confident to maintain a fundamentally strong growth momentum. Adequate capitalization, strong asset quality and a track record of more than 25 years to navigate across various cycles will ensure the same thus creating value on a large scale for all its stakeholders." Result PDF