MAS Financial Services Limited — Investor Meet, 05-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

MAS Financial Services Limited reported Q3 FY'26 consolidated AUM of INR 14,641 Cr, an 18.28% rise, and PAT of INR 96 Cr, up 20.55% (pre-one-time labor code impact). Management notes improving market demand, anticipating a return to 20-25% AUM growth trajectory within 2-3 quarters. Key growth drivers include MSME (MEL, SME) and Wheels (2-wheeler, CV), though CV growth is currently muted due to cautious underwriting in specific regions. Asset quality remains stable, with Net Stage 3 at 1.72%. Housing finance AUM grew 23% to INR 859 Cr, maintaining Net Stage 3 at 0.67%. Operational efficiency and technology adoption are ongoing strategic priorities. The company expresses confidence in its long-term strategy for sustained growth and profitability.