MAS Financial Key Ratios
NSE: MASFIN | BSE: 540749
₹294.40
As on 28-Aug-2026IST
Market cap
₹5,352 Cr
Revenue (TTM)
₹2,092 Cr
P/E Ratio
13.6
P/B Ratio
1.7
Div. Yield
0.7 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.68 | 20.70 | 23.12 | 24.94 | 27.75 |
| EBIT | 3.63 | 15.68 | 18.27 | 20.66 | 24.93 |
| Net Profit | 5.18 | 26.78 | 29.37 | 30.55 | 28.75 |
| EPS | 5.18 | 26.78 | 21.56 | 26.32 | 19.89 |
| 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 | 69.88 | 71.83 | 75.30 |
| Net Margin
| 19.80 | 20.47 | 19.04 | 18.76 | 19.62 |
| Return on equity
| 14.10 | 14.05 | 13.75 | 13.46 | 14.30 |
| Return on Assets
| 2.92 | 2.81 | 3.08 | 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
|
--
|
9.71
|
10.41
|
9.81
|
--
|
ROE
13.75
Higher than Peers by 0.85
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
13.75
|
13.46
|
14.30
|
15.39
|
14.35
|
|
Peer Median
|
12.90
|
13.46
|
15.39
|
17.63
|
--
|
ROA
3.08
Higher than Peers by 0.51
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
3.08
|
2.88
|
2.87
|
2.87
|
2.80
|
|
Peer Median
|
2.57
|
2.35
|
2.79
|
2.75
|
--
|
EBIT Margin
69.88
Lower than Peers by 2.59
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
69.88
|
71.83
|
75.30
|
77.03
|
78.45
|
|
Peer Median
|
72.47
|
69.88
|
73.91
|
74.65
|
--
|
Net Margin
19.04
Lower than Peers by 4.21
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
19.04
|
18.76
|
19.62
|
19.68
|
20.96
|
|
Peer Median
|
23.25
|
25.64
|
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
23.12
Lower than Peers by 1.19
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
23.12
|
24.91
|
24.42
|
31.19
|
41.78
|
|
Peer Median
|
24.31
|
23.12
|
24.31
|
25.79
|
--
|
EBIT Growth
18.27
Lower than Peers by 1.62
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
18.27
|
19.17
|
21.63
|
28.82
|
38.20
|
|
Peer Median
|
19.89
|
18.27
|
16.20
|
27.66
|
--
|
Net Profit Growth
29.37
Higher than Peers by 6.56
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
29.37
|
19.70
|
23.61
|
23.41
|
27.68
|
|
Peer Median
|
22.81
|
29.12
|
12.29
|
27.05
|
--
|
EPS Growth
21.56
Higher than Peers by 3.79
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
21.56
|
19.60
|
11.74
|
23.50
|
27.65
|
|
Peer Median
|
17.78
|
28.02
|
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
|
--
|
5.03
|
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
1.26
Higher than Peers by 0.04
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
1.26
|
0.31
|
0.51
|
0.42
|
0.82
|
|
Peer Median
|
1.22
|
0.37
|
1.32
|
1.27
|
--
|
Quick Ratio
1.26
Higher than Peers by 0.04
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
1.26
|
0.31
|
0.51
|
0.42
|
0.82
|
|
Peer Median
|
1.22
|
1.19
|
1.22
|
1.18
|
--
|
Interest Coverage
1.58
Higher than Peers by 0.02
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
1.58
|
1.54
|
1.54
|
1.52
|
1.54
|
|
Peer Median
|
1.56
|
1.54
|
1.60
|
1.61
|
--
|
Valuation
Price / Earnings
13.58
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
|
13.58
|
13.69
|
14.38
|
18.57
|
7.20
|
|
Peer Median
|
13.58
|
13.58
|
30.68
|
24.34
|
--
|
Price / Book Value
1.74
Lower than Peers by 0.13
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
|
1.74
|
1.71
|
1.71
|
2.62
|
2.89
|
|
Peer Median
|
1.87
|
1.87
|
2.06
|
2.85
|
--
|
Dividend Yield
0.68
Higher than Peers by 0.07
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
|
0.68
|
0.71
|
0.69
|
1.23
|
0.45
|
|
Peer Median
|
0.61
|
0.61
|
0.05
|
0.98
|
--
|
EV/EBITDA
10.09
--
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
|
10.09
|
10.09
|
10.52
|
11.23
|
12.55
|
|
Peer Median
|
--
|
11.48
|
19.25
|
17.42
|
--
|
Market Cap
5,352
Lower than Peers by 22,747
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MAS Financial
|
5,352
|
5,082
|
4,462
|
4,663
|
4,393
|
|
Peer Median
|
28,099
|
28,099
|
20,708
|
59,730
|
--
|