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NSE Close — 28 Sep 2026
₹279.1
Change
-3.65 (-1.29%)
Open
₹282.75
Prev. Close
₹282.75
Day High
₹283.45
Day Low
₹276.3
Volume Analysis
Traded
218,436
Delivered
170,114
Delivery %
77.88%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (3)
- •Trading within 3% of its 52-week low (₹274.0)
- •High debt-to-equity ratio (3.47)
- •Promoter holding is falling
Opportunities (2)
- •Strong 3-year EPS growth (18.2%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹290.09 | ₹286.77 | ₹282.94 | ₹279.62 | ₹275.79 | ₹272.47 | ₹268.64 |
| Fibonacci | ₹286.77 | ₹284.04 | ₹282.35 | ₹279.62 | ₹276.89 | ₹275.2 | ₹272.47 |
| Camarilla | ₹281.07 | ₹280.41 | ₹279.76 | ₹279.62 | ₹278.44 | ₹277.79 | ₹277.13 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-12.67%
1 Week
-3.54%
1 Month
-5.2%
3 Months
-9.92%
6 Months
-5.58%
1 Year
-7.03%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹274.77
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
Company Overview
Sector
Financial Services
Market Cap
₹5,131 Cr
P/E (TTM)
12.9
ROE
13.4%
Book Value
₹164.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Mas Financial Serv Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Financial Services sector, at 59/100. The strongest factor is Growth (91/100), while Momentum (11/100) is the weakest area to weigh before deciding. Notably: Trading within 3% of its 52-week low (₹274.0); high debt-to-equity ratio (3.47). Strong 3-year EPS growth (18.2%).
TopFund Score — Fundamentals Quality
59/100 — AverageData confidence: 72/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 28 Sep 2026 · How we calculate this →
Growth
Valuation
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has delivered good profit growth of 21.0% CAGR over last 5 years
- +Company's median sales growth is 24.5% of last 10 years
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last 3 years: -7.06%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
MAS Financial allotted 1.75 lakh NCDs worth ₹175 crore at 8.55% for 24 months.
CRISIL ESG Ratings assigned MAS Financial Services Crisil ESG 65, category Strong, on September 16, 2026.
MRHMFL will redeem 33,33,340 OCPS for Rs. 3.33 crore; MFSL equity stake unchanged.
Company received voluntary ESG rating of 71 from SES ESG Research on September 10, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 293 | 310 | 335 | 347 | 364 | 384 | 410 | 439 | 466 | 480 | 507 | 542 | 562 |
| Expenses + | 66 | 76 | 76 | 83 | 86 | 95 | 106 | 124 | 132 | 134 | 143 | 170 | 176 |
| Financing Profit | 77 | 81 | 86 | 93 | 97 | 104 | 109 | 114 | 117 | 123 | 133 | 138 | 150 |
| Financing Margin % | 26.0% | 26.0% | 26.0% | 27.0% | 27.0% | 27.0% | 27.0% | 26.0% | 25.0% | 26.0% | 26.0% | 25.0% | 27.0% |
| Other Income + | 0 | 3 | 2 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | -4 | 3 | -1 |
| Interest | 150 | 154 | 172 | 171 | 181 | 185 | 195 | 202 | 217 | 224 | 231 | 235 | 236 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 77 | 83 | 87 | 94 | 97 | 104 | 108 | 112 | 116 | 123 | 127 | 139 | 148 |
| Tax % | 25.0% | 25.0% | 26.0% | 25.0% | 25.0% | 25.0% | 26.0% | 26.0% | 25.0% | 26.0% | 27.0% | 25.0% | 25.0% |
| Net Profit + | 58 | 62 | 64 | 70 | 73 | 78 | 80 | 83 | 87 | 91 | 93 | 104 | 110 |
| EPS in Rs | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 6 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net NPA % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross NPA % | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 238 | 309 | 365 | 477 | 605 | 710 | 627 | 690 | 989 | 1,289 | 1,599 | 1,998 | 2,092 |
| Expenses + | 62 | 82 | 92 | 118 | 138 | 175 | 143 | 132 | 218 | 297 | 403 | 572 | 622 |
| Financing Profit | 63 | 85 | 107 | 171 | 242 | 236 | 198 | 218 | 273 | 342 | 425 | 513 | 544 |
| Financing Margin % | 26.0% | 27.0% | 29.0% | 36.0% | 40.0% | 33.0% | 32.0% | 32.0% | 28.0% | 27.0% | 27.0% | 26.0% | 26.0% |
| Other Income + | 0 | 0 | 0 | -2 | -2 | -3 | 0 | 1 | 1 | 2 | 1 | -1 | 1 |
| Interest | 113 | 142 | 165 | 187 | 225 | 299 | 286 | 340 | 498 | 650 | 770 | 913 | 926 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 2 | 3 | 4 | 6 | 7 | 8 |
| Profit before tax | 62 | 84 | 106 | 168 | 238 | 230 | 196 | 217 | 272 | 340 | 421 | 505 | 537 |
| Tax % | 34.0% | 35.0% | 35.0% | 37.0% | 35.0% | 27.0% | 26.0% | 26.0% | 24.0% | 25.0% | 25.0% | 26.0% | — |
| Net Profit + | 41 | 55 | 69 | 105 | 155 | 168 | 146 | 161 | 206 | 254 | 314 | 376 | 399 |
| EPS in Rs | 8 | 11 | 5 | 6 | 9 | 10 | 9 | 10 | 12 | 15 | 17 | 20 | 22 |
| Dividend Payout % | 19.0% | 20.0% | 20.0% | 19.0% | 18.0% | 26.0% | 6.0% | 10.0% | 10.0% | 23.0% | 10.0% | 10.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 88 | 122 | 241 | 725 | 861 | 932 | 1,125 | 1,295 | 1,464 | 1,619 | 2,427 | 2,793 |
| Other Liabilities + | 343 | 405 | 605 | 665 | 801 | 1,037 | 737 | 519 | 356 | 339 | 409 | 455 |
| Total Liabilities | 1,572 | 1,947 | 2,200 | 2,898 | 3,990 | 4,820 | 5,430 | 6,309 | 8,002 | 9,547 | 12,199 | 13,747 |
| Fixed Assets + | 4 | 8 | 9 | 58 | 13 | 15 | 12 | 14 | 17 | 25 | 27 | 74 |
| CWIP | 0 | 0 | 0 | 0 | 46 | 48 | 50 | 52 | 58 | 70 | 92 | 127 |
| 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 | 7,136 | 8,726 | 10,554 | 12,573 |
| Total Assets | 1,572 | 1,947 | 2,200 | 2,898 | 3,990 | 4,820 | 5,430 | 6,309 | 8,002 | 9,547 | 12,199 | 13,747 |
| Borrowing | 1,124 | 1,404 | 1,311 | 1,455 | 2,273 | 2,796 | 3,513 | 4,439 | 6,128 | 7,426 | 9,182 | 10,318 |
| Equity Capital | 16 | 16 | 43 | 55 | 55 | 55 | 55 | 55 | 55 | 164 | 181 | 181 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| 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 | -1,488 | -1,366 | -1,123 | -1,787 |
| Cash from Investing Activity + | -2 | -3 | -4 | -49 | 14 | 4 | -199 | -820 | -242 | 50 | -828 | 467 |
| Cash from Financing Activity + | 303 | 251 | 34 | 438 | 802 | 448 | 719 | 923 | 1,684 | 1,290 | 2,187 | 1,095 |
| Net Cash Flow | 34 | -32 | -134 | 3 | 348 | 648 | -59 | -702 | -46 | -26 | 236 | -225 |
| CFO/OP | -139 | -111 | -47 | -92 | -85 | 52 | -109 | -133 | -185 | -130 | -86 | -116 |
| Free Cash Flow | -268 | -285 | -168 | -435 | -470 | 192 | -580 | -811 | -1,499 | -1,388 | -1,153 | -1,878 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 15.69% | 16.21% | 10.06% | 9.38% | 10.41% | 10.34% | 10.12% | 10.32% | 10.04% | 10.01% | 9.86% | 9.97% |
| Promoters | 73.72% | 73.72% | 73.72% | 66.63% | 66.63% | 66.63% | 66.63% | 66.63% | 66.63% | 66.63% | 66.66% | 66.66% |
| FII | 2.01% | 1.63% | 1.79% | 3.58% | 2.72% | 3.02% | 3.12% | 3.07% | 3.18% | 3.13% | 3.46% | 3.69% |
| DII | 8.57% | 8.43% | 14.42% | 20.41% | 20.23% | 20.02% | 20.13% | 19.99% | 20.15% | 20.23% | 20.04% | 19.68% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Financial Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Mas Financial Serv Ltd (this stock) | 5,131 | 12.9 | 1.73 | 13.4% |
| Care Ratings Limited | 4,921 | 27.7 | 5.25 | 19.7% |
| Northern Arc Capital Ltd | 4,869 | 11.1 | 1.25 | 11.1% |
| Asset Reconstruc Co (i) L | 4,694 | 13.4 | — | 9.77% |
| Avenuesai Limited | 5,574 | 18.8 | 1.18 | 6.64% |
| Share Ind. Securities Ltd | 4,587 | 12.6 | 1.75 | 13.0% |
| Pilani Inv & Ind Cor Ltd | 4,446 | 156.0 | 0.28 | 0.2% |
Which Mutual Funds Hold Mas Financial Serv Ltd?
Frequently Asked Questions about Mas Financial Serv Ltd
Mas Financial Serv Ltd (MASFIN) closed at ₹279.1 on NSE on 28 September 2026, down 3.65 (1.29%) from the previous close.
Mas Financial Serv Ltd trades on the NSE (National Stock Exchange of India) under the symbol MASFIN.
Mas Financial Serv Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 12.9.
Mas Financial Serv Ltd has a dividend yield of 0.71%.
Mas Financial Serv Ltd's 52-week high is ₹359.0 and its 52-week low is ₹274.0.
Mas Financial Serv Ltd has a market capitalisation of ₹5,131 crore.
Mas Financial Serv Ltd has a TopFund Quality Score of 59/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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