MAS Financial Services Limited — Investor Meet, 08-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

MAS Financial has announced a board meeting to consider the financial results for the quarter and half-year. Consolidated AUM reached Rs. 12,868 Cr, up 20% YoY, with Q4 PAT at Rs. 83.4 Cr, a 19% increase. Full-year PAT grew 24% to Rs. 314 Cr. MSME forms 77% of the book, with SME and salaried loans growing 21% and 77%. Asset quality remains stable with gross Stage-3 at 2.44%. Housing Finance grew AUM by 29% and PAT by 26%, with low Stage-3. Management focuses on disciplined 20-25% growth, risk management, and 30-35% housing finance growth. Cost of borrowing declined to ~9.6%, supporting margin gains. Capital adequacy stays above 24%, with ongoing tech investments enhancing efficiency. Outlook is confident, expecting macro stresses to ease, stable credit costs of 1-1.5%, and ROA near 3%.