Non-banking financial company Mas Financial Services announced Q4FY23 & FY23 results: The disbursement was Rs 2,491.72 crore during Q4FY23 as compared to Rs 1,962.33 crore during Q4FY22 Mas Financial Services reports assets under management (AUM) of Rs 8,092.56 crore. The AUM as on December 31, 2022, was Rs 7,606.04 crore. Profit after tax (PAT) of Rs 200.96 crore for FY23 vs Rs 157.55 crore for FY22. A growth of 29.55% in AUM and 27.55% in PAT over FY22 For Q4FY23, the PAT was Rs 55.55 crore - a growth of 23.44% over Q4FY22 Capital adequacy ratio (including Tier ll capital) as of March 31, 2023, stood at 25.25%. The Tier-I capital stood at 20.79% In consonance with our policy of rewarding the shareholders, the board has recommended a final dividend of 18.50% at Rs 1.85 per share Commenting on the performance, Kamlesh Gandhi - Founder, Chairman & Managing Director, Mas Financial Services, said, "We have over two & half decades demonstrated that "CONSISTENTLY AND STEADILY IS THE FASTEST WAY TO REACH WHERE YOU WANT TO". Crossing Rs 200 crore in PAT is an important milestone in the journey of the company. The main focus continues to remain on maintaining a strong capital base, adequate liquidity, and quality of assets thus creating very strong enablers for the future growth of the company. Registering a robust growth of 25%+ this year reconfirms our conviction to demonstrate long-term consistent growth between 20%-25% across various cycles as demonstrated over more than two decades." Result PDF
Mas Financial Services announced Q3FY23 results: Q3FY23: Mas Financial Services Limited reports Assets under Management (AUM) of Rs 7,606.04 crore and profit after tax of Rs 51.25 crore for the quarter ended December 31, 2022, from Rs 5,742.08 crore and Rs 40.10 crore respectively for the quarter ended December 31, 2021. The AUM as on September 30, 2022, was Rs 7,138.11 crore. A Growth of 32.6% in AUM and 27.80% in PAT over the corresponding period of the previous year. Capital Adequacy Ratio (including Tier I capital) as of December 31, 2022, stood at 24.47%. The Tier-I capital stood at 21.21%. Mas Rural Housing and Mortgage Finance Limited report Assets under Management (AUM) of Rs 400.84 Crore and profit after tax of Rs 1.59 Crore for the quarter ended December 31, 2022, from Rs 306.92 Crore and Rs 1.04 Crore respectively for the quarter ended December 31, 2021. Dividend: In consonance to our policy of rewarding the shareholders the board has declared an interim dividend of 18.00 % @ Rs 1.80 per share. Commenting on the performance, Mr. Kamlesh Gandhi - Founder, Chairman & Managing Director, Mas Financial said, "We have over two & half decades demonstrated that "CONSISTENTLY AND STEADILY lS THE FASTEST WAY TO REACH WHERE YOU WANT TO". ln consonance with our mission and vision to constantly endeavour to create value for stakeholders on a very large scale through efficient last-mile delivery of credit, the main focus of the company continues to remain on maintaining a strong capital base, adequate liquidity and quality of assets." The working of this quarter very aptly demonstrated our conviction to grow at a consistent CAGR of 20-25% based on the strong enablers' namely high capital adequacy, excellent asset quality accompanied by strong liability management and the niche expertise to serve the huge MSME market. Result PDF