|
31 Jul 2025 |
Mas Financial
|
Consensus Share Price Target
|
310.25 |
380.00 |
- |
22.48 |
buy
|
|
|
|
|
25 Jul 2025
|
Mas Financial
|
Axis Direct
|
310.25
|
400.00
|
320.70
(-3.26%)
|
28.93 |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
24 Jul 2025
|
Mas Financial
|
Motilal Oswal
|
310.25
|
400.00
|
332.75
(-6.76%)
|
28.93 |
Buy
|
|
|
MAS Financial Services (MASFIN)’s 1QFY26 PAT grew ~19% YoY to INR839m (in line). Fee income rose ~55% YoY to ~INR300m. Net total income was up 36% YoY to INR2.4b (in line), while opex at INR827m grew ~46% YoY (8% higher than MOFSLe).
|
|
05 May 2025
|
Mas Financial
|
Axis Direct
|
310.25
|
325.00
|
267.05
(16.18%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
03 May 2025
|
Mas Financial
|
Motilal Oswal
|
310.25
|
320.00
|
262.40
(18.24%)
|
Target met |
Buy
|
|
|
MASFIN’s 4QFY25 PAT grew ~19% YoY to INR808m (in line). FY25 PAT rose ~23% YoY to INR3.1b. Net total income was up 34% YoY to INR2.3b (5% beat), while opex at INR744m grew ~34% YoY (in line). PPoP stood at INR1.5b (5% beat) and grew 35% YoY.
|
|
25 Oct 2024
|
Mas Financial
|
Axis Direct
|
310.25
|
355.00
|
282.25
(9.92%)
|
14.42 |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
25 Sep 2024
|
Mas Financial
|
Axis Direct
|
310.25
|
360.00
|
297.45
(4.30%)
|
16.04 |
Buy
|
|
|
We interacted with the senior management team of MAS Financial Services Ltd. (MAS) and the Business Heads of Retail, SME and Housing segment to get an in-depth understanding of the business processes and understand the growth strategy.
|
|
25 May 2024
|
Mas Financial
|
Axis Direct
|
310.25
|
321.00
|
291.45
(6.45%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock with a TP of Rs 321/share, implying an upside of 10% from the CMP.
|
|
26 Apr 2024
|
Mas Financial
|
Motilal Oswal
|
310.25
|
390.00
|
304.85
(1.77%)
|
|
Buy
|
|
|
4QFY24 PAT grew ~23% YoY to INR681m (in line). FY24 PAT at INR2.48b rose ~23% YoY. PPoP stood at INR1.13b (in line) and grew 27% YoY.
|
|
26 Apr 2024
|
Mas Financial
|
Axis Direct
|
310.25
|
380.00
|
304.85
(1.77%)
|
|
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
29 Jan 2024
|
Mas Financial
|
Axis Direct
|
310.25
|
1195.00
|
989.65
(-68.65%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
27 Jan 2024
|
Mas Financial
|
Motilal Oswal
|
310.25
|
1160.00
|
984.15
(-68.48%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
03 Nov 2023
|
Mas Financial
|
Axis Direct
|
310.25
|
1075.00
|
914.90
(-66.09%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
04 Aug 2023
|
Mas Financial
|
Axis Direct
|
310.25
|
935.00
|
762.55
(-59.31%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock.
|
|
04 Aug 2023
|
Mas Financial
|
Motilal Oswal
|
310.25
|
900.00
|
762.55
(-59.31%)
|
Target met |
Buy
|
|
|
|
|
12 May 2023
|
Mas Financial
|
Axis Direct
|
310.25
|
955.00
|
735.85
(-57.84%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock.
|
|
12 May 2023
|
Mas Financial
|
Motilal Oswal
|
310.25
|
900.00
|
735.85
(-57.84%)
|
Target met |
Buy
|
|
|
|
|
13 Apr 2023
|
Mas Financial
|
Axis Direct
|
310.25
|
950.00
|
718.65
(-56.83%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock with a target price of Rs 950/share, implying an upside of 32% from CMP. We value the stock at 2.8x Sep'24E BV.
|
|
03 Feb 2023
|
Mas Financial
|
Axis Direct
|
310.25
|
1050.00
|
781.70
(-60.31%)
|
Target met |
Buy
|
|
|
We re-iterate a BUY recommendation on the stock
|
|
02 Feb 2023
|
Mas Financial
|
Motilal Oswal
|
310.25
|
970.00
|
793.50
(-60.90%)
|
Target met |
Buy
|
|
|
|
|
04 Nov 2022
|
Mas Financial
|
Axis Direct
|
310.25
|
1050.00
|
887.80
(-65.05%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We maintain our BUY rating on the stock with a revised target price of Rs 1,050/share (3.3x FY24E BV), implying an upside of 16% from the CMP.
|