Transcript for Investor call
MASFIN · price
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MAS Financial Services crossed INR15,000 crore AUM (19% YoY growth) and INR500 crore consolidated PBT in FY26. Quarterly PAT grew 25% to INR104 crore while annual PAT rose 21% to INR379 crore. The company maintained strong asset quality with standalone NNPA at 1.70% and housing finance NNPA at 0.68%. Two-wheeler book surged 35% to INR1,063 crore while MSME segment contributes over 70% of business. Average cost of borrowing improved by 42 bps to 9.39% with further reduction expected. Management reiterated its 20-25% growth guidance and INR1 lakh crore AUM target by 2036. Technology initiatives including LOS and AI-based BRE are progressing.
Strong all-round performance with improving profitability and asset quality. Declining borrowing costs and product mix shift (higher-yielding two-wheeler and fintech business) support margin expansion. Management's medium-term ROA guidance of 2.75-3% remains intact.