MAS Financial Key Ratios
NSE: MASFIN | BSE: 540749
₹252.82
As on 04-Nov-2026IST
Market cap
₹4,607 Cr
Revenue (TTM)
₹2,201 Cr
P/E Ratio
11
P/B Ratio
1.4
Div. Yield
0.8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 4.80 | 22.74 | 22.62 | 24.50 | 28.89 |
| EBIT | 5.17 | 17.30 | 17.70 | 19.94 | 25.34 |
| Net Profit | 4.44 | 25.39 | 30.18 | 31.02 | 30.59 |
| EPS | 4.44 | 25.39 | 23.45 | 26.16 | 20.55 |
| Book Value | -- | -- | 14.00 | 20.96 | 17.90 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 75.23 | 76.62 | 69.12 | 71.83 | 75.30 |
| Net Margin
| 19.80 | 20.47 | 19.17 | 18.76 | 19.62 |
| Return on equity
| 14.10 | 14.05 | 13.58 | 13.46 | 14.30 |
| Return on Assets
| 2.92 | 2.81 | 2.95 | 2.88 | 2.87 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
--
|
11.45
|
11.48
|
11.82
|
11.48
|
|
Peer Median
|
--
|
10.41
|
10.41
|
9.81
|
--
|
ROE
13.58
No difference
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
13.58
|
13.46
|
14.30
|
15.39
|
14.35
|
|
Peer Median
|
13.58
|
13.72
|
15.39
|
17.63
|
--
|
ROA
2.95
Higher than Peers by 0.25
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
2.95
|
2.88
|
2.87
|
2.87
|
2.80
|
|
Peer Median
|
2.70
|
2.48
|
2.79
|
2.75
|
--
|
EBIT Margin
69.12
Lower than Peers by 0.82
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
69.12
|
71.83
|
75.30
|
77.03
|
78.45
|
|
Peer Median
|
69.94
|
68.80
|
73.91
|
74.65
|
--
|
Net Margin
19.17
Lower than Peers by 0.57
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
19.17
|
18.76
|
19.62
|
19.68
|
20.96
|
|
Peer Median
|
19.74
|
22.20
|
23.25
|
21.26
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
--
|
19.20
|
20.01
|
20.12
|
21.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
22.62
Lower than Peers by 0.11
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
22.62
|
24.91
|
24.42
|
31.19
|
41.78
|
|
Peer Median
|
22.73
|
21.66
|
24.31
|
25.79
|
--
|
EBIT Growth
17.70
Lower than Peers by 2.00
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
17.70
|
19.17
|
21.63
|
28.82
|
38.20
|
|
Peer Median
|
19.69
|
19.28
|
16.20
|
27.66
|
--
|
Net Profit Growth
30.18
Higher than Peers by 7.77
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
30.18
|
19.70
|
23.61
|
23.41
|
27.68
|
|
Peer Median
|
22.41
|
26.83
|
12.29
|
27.05
|
--
|
EPS Growth
23.45
Higher than Peers by 6.64
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
23.45
|
19.60
|
11.74
|
23.50
|
27.65
|
|
Peer Median
|
16.82
|
26.19
|
1.40
|
22.40
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
--
|
14.00
|
46.35
|
17.39
|
12.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
--
|
3.47
|
3.52
|
4.17
|
4.03
|
|
Peer Median
|
--
|
5.54
|
4.42
|
5.48
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
--
|
1.75
|
1.53
|
1.83
|
0.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.25
Higher than Peers by 0.08
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
1.25
|
0.31
|
0.51
|
0.42
|
0.82
|
|
Peer Median
|
1.16
|
0.34
|
1.32
|
1.27
|
--
|
Quick Ratio
1.25
Higher than Peers by 0.08
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
1.25
|
0.31
|
0.51
|
0.42
|
0.82
|
|
Peer Median
|
1.16
|
1.17
|
1.22
|
1.18
|
--
|
Interest Coverage
1.60
Higher than Peers by 0.05
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
1.60
|
1.54
|
1.54
|
1.52
|
1.54
|
|
Peer Median
|
1.54
|
1.51
|
1.60
|
1.61
|
--
|
Valuation
Price / Earnings
11.05
No difference
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
11.05
|
13.69
|
14.38
|
18.57
|
7.20
|
|
Peer Median
|
11.05
|
12.43
|
30.68
|
24.34
|
--
|
Price / Book Value
1.43
Lower than Peers by 0.17
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
1.43
|
1.71
|
1.71
|
2.62
|
2.89
|
|
Peer Median
|
1.60
|
1.64
|
2.06
|
2.85
|
--
|
Dividend Yield
0.79
Higher than Peers by 0.10
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
0.79
|
0.71
|
0.69
|
1.23
|
0.45
|
|
Peer Median
|
0.69
|
0.74
|
0.05
|
0.98
|
--
|
EV/EBITDA
8.04
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
8.04
|
10.09
|
10.52
|
11.23
|
12.55
|
|
Peer Median
|
--
|
12.60
|
19.25
|
17.42
|
--
|
Market Cap
4,607
Lower than Peers by 20,090
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
4,607
|
5,082
|
4,462
|
4,663
|
4,393
|
|
Peer Median
|
24,697
|
50,129
|
20,708
|
59,730
|
--
|