MAS Financial Services Limited — Investor Meet, 05-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

MAS Financial reports solid Q1 FY27. Consolidated AUM grew 21% to INR16,100 Cr, with PAT up 27% to INR110 Cr. Standalone PAT rose 25% to INR105 Cr. Asset quality remains strong with GNPA at 2.58% and NNPA at 1.70%. Borrowing costs reduced to 9.25%. Growth guidance of 20-25% reaffirmed, with management expecting the higher end. Tech adoption led to a reduction of 380 employees, boosting efficiency. Caution continues on used CV and energy-dependent sectors. Housing finance subsidiary is expanding to South India, aiming for 35% AUM growth. Management is confident in maintaining strong ROAs (2.75-3.25%) and growing AUM, balancing expansion with prudent risk management.