Expect To Hold NPA Below 2.5% Going Forward: MAS Financial Services | CNBC TV18

MAS Financial Services aims to expand direct distribution reach, eyeing growth in new markets beyond core regions.

Broker’s call: MAS Financial (Buy)

MAS remains well-positioned to deliver strong AUM growth driven by a strong distribution network, and adequate capitalization, says the brokerage.

MAS Financial Q1 Review - Inline; Growth, Scaling Up Direct Distribution Assume Priority: Axis Securities

Ahmedabad (Gujarat) [India], July 25: The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 30th June 2024.

MAS Financial Reports 24 per cent Growth in AUM & 26 per cent in PAT in Q1FY25; Consolidated AUM Crosses Rs 11,000 crores

MAS Financial Services consolidated net profit rises 26.00% in the June 2024 quarter

Upcoming results:Larsen and Turbo, Axis Bank, Aditya Birla Sun Life AMC, Bajaj Finserv, Bajaj Holdings, Bikaji Foods, CMS Info System, Craftsman Automation, DCB Bank, Federal Bank, Go Fashion, HFCL, Indian Energy Exchange, IGL, Jindal Steel and Power, JK Paper, KPIT Tech, Karnataka Bank, Mahindra Lifespace Developers, MAS Financial Services, Oracle Financial Services, Petronet, PG ELectroplast, Hitachi Energy, Ramkrishna Forgings, SBI Life Insurance, Sona BLW Precision Forging amd Syngene International.

Stock Alert: Bajaj Finance, Hindustan Unilever, Torrent Pharma, Schaeffler India, ICICI Securities,

Surpasses a major milestone of ~Rs 100 billion consolidated assets under management

MAS Financial Q3 Results Review - Continues To Pivot Towards Direct Retail Distribution: Motilal Oswal

MAS Financial Services reports a strong set of Q3 earnings. Chairman & MD, Kamlesh Gandhi tells Ekta Batra & Mangalam Maloo that Gross NPA will range between 2-2.5% and Net NPA will be in the 1-1.5% range.

#masfinancialservices #q3fy24results #q3earnings #q3results #q3fy24 #stockmarket #stockmarketnews #stockmarketupdates #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

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Gross NPA Will Range Between 2-2.5% & Net NPA Will Be In The 1-1.5% Range: MAS Financial Services

Asset quality remained stable with gross non performing asset/net non-performing assets at 2.17/1.47% versus 2.13/1.47% QoQ.

MAS Financial Services Q2 Results Review - Strong Quarter; Growth Visibility Strong: Axis Securities

Credit costs surged 95% YoY stood to Rs 236 million versus our estimate of Rs 190 million.

MAS Financial Q2 Review - Inline Earnings Aided By NIM Expansion Despite Higher Credit Costs: Motilal Oswal

Motilal Oswal is bullish on MAS Financial Services recommended buy rating on the stock with a target price of Rs 900 in its research report dated August 04, 2023.

Buy MAS Financial Services; target of Rs 900: Motilal Oswal

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

MAS Financial Services Limited is an NBFC. It offers various products, such as Micro Enterprise Loan (MEL); Two Wheeler Loan; Small and Medium Enterprises Loan; Commercial Vehicles Loan; Used Car Loan, and Tractor Loan