MAS Financial Services
Market Cap
₹44.7b
Last Updated
2019/12/13 13:10 UTC
Data Sources
Company Financials +
Executive Summary
MAS Financial Services Limited offers retail financing services in India.
Rewards
Risk Analysis
Snowflake Analysis
Acceptable track record unattractive dividend payer.
Share Price & News
How has MAS Financial Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MASFIN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.8%
MASFIN
2.8%
IN Consumer Finance
0.2%
IN Market
1 Year Return
38.9%
MASFIN
36.6%
IN Consumer Finance
3.1%
IN Market
Return vs Industry: MASFIN exceeded the Indian Consumer Finance industry which returned 36.6% over the past year.
Return vs Market: MASFIN exceeded the Indian Market which returned 3.1% over the past year.
Shareholder returns
| MASFIN | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.8% | 2.8% | 0.2% |
| 30 Day | 14.0% | 0.7% | 0.1% |
| 90 Day | 30.6% | 15.4% | 6.5% |
| 1 Year | 40.1%38.9% | 37.6%36.6% | 5.1%3.1% |
| 3 Year | n/a | 153.8%148.3% | 33.6%26.5% |
| 5 Year | n/a | 253.4%237.4% | 41.1%28.3% |
Price Volatility Vs. Market
How volatile is MAS Financial Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
MAS Financial Services Limited (NSE:MASFIN) Has Got What It Takes To Be An Attractive Dividend Stock1 month ago | Simply Wall St
Here's Why I Think MAS Financial Services (NSE:MASFIN) Is An Interesting Stock1 month ago | Simply Wall St
Should You Be Tempted To Sell MAS Financial Services Limited (NSE:MASFIN) Because Of Its P/E Ratio?Valuation
Is MAS Financial Services undervalued compared to its fair value and its price relative to the market?
25.18x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MASFIN (₹809.6) is trading above our estimate of fair value (₹126.58)
Significantly Below Fair Value: MASFIN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MASFIN is poor value based on its PE Ratio (25.2x) compared to the Consumer Finance industry average (13.5x).
PE vs Market: MASFIN is poor value based on its PE Ratio (25.2x) compared to the Indian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MASFIN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MASFIN is overvalued based on its PB Ratio (4.4x) compared to the IN Consumer Finance industry average (0.7x).
Next Steps
Future Growth
How is MAS Financial Services forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
21.2%
Forecasted Diversified Financials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MASFIN's forecast earnings growth is above the savings rate (6.5%).
Earnings vs Market: Insufficient data to determine if MASFIN's earnings are forecast to grow faster than the Indian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if MASFIN's revenue is forecast to grow faster than the Indian market.
High Growth Revenue: Insufficient data to determine if MASFIN's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MASFIN's Return on Equity is forecast to be low in 3 years time (19.9%).
Next Steps
Past Performance
How has MAS Financial Services performed over the past 5 years?
32.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MASFIN has a high level of non-cash earnings.
Growing Profit Margin: MASFIN's current net profit margins (42.4%) are lower than last year (45.1%).
Past Earnings Growth Analysis
Earnings Trend: MASFIN's earnings have grown significantly by 32.1% per year over the past 5 years.
Accelerating Growth: MASFIN's earnings growth over the past year (36.9%) exceeds its 5-year average (32.1% per year).
Earnings vs Industry: MASFIN earnings growth over the past year (36.9%) exceeded the Consumer Finance industry 16.8%.
Return on Equity
High ROE: MASFIN's Return on Equity (17.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is MAS Financial Services's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: MASFIN has a low level of unsold assets or inventory.
Debt Coverage by Assets: MASFIN's debt is covered by short term assets (assets are 1.6x debt).
Financial Institutions Analysis
Asset Level: MASFIN's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if MASFIN has a sufficient allowance for bad loans.
Low Risk Liabilities: MASFIN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if MASFIN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MASFIN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if MASFIN has an appropriate level of bad loans.
Next Steps
Dividend
What is MAS Financial Services's current dividend yield, its reliability and sustainability?
0.69%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MASFIN's dividend (0.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: MASFIN's dividend (0.69%) is low compared to the top 25% of dividend payers in the Indian market (2.54%).
Stability and Growth of Payments
Stable Dividend: MASFIN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MASFIN's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.4%), MASFIN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of MAS Financial Services's salary, the management and board of directors tenure and is there insider trading?
16.0yrs
Average management tenure
CEO
Darshana Pandya (47yo)
0.08yrs
Tenure
₹3,132,000
Compensation
Mrs. Darshana Saumil Pandya serves Whole-Time Director at MAS Financial Services Ltd. since July 31, 2019 and serves its Chief Executive Officer since November 06, 2019. Mrs. Pandya served as Chief Operati ...
CEO Compensation Analysis
Compensation vs Market: Darshana's total compensation ($USD44.34K) is below average for companies of similar size in the Indian market ($USD424.69K).
Compensation vs Earnings: Darshana's compensation has increased by more than 20% in the past year.
Management Age and Tenure
16.0yrs
Average Tenure
47yo
Average Age
Experienced Management: MASFIN's management team is seasoned and experienced (16 years average tenure).
Board Age and Tenure
11.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: MASFIN's board of directors are seasoned and experienced ( 11.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Kamlesh Gandhi (53yo)
Founder
- Tenure: 0yrs
- Compensation: ₹71.88m
Mukesh Gandhi (62yo)
Co-Founder & Whole Time Director
- Tenure: 24.6yrs
- Compensation: ₹71.82m
Nishant Jain (31yo)
Chief Risk Officer
- Tenure: 0yrs
Darshana Pandya (47yo)
CEO & Whole Time Director
- Tenure: 0.08yrs
- Compensation: ₹3.13m
Saumil Pandya (46yo)
President & Head of Retail Assets
- Tenure: 0yrs
Sunil Shah (48yo)
Head of portfolio
- Tenure: 0yrs
Ankit Jain (32yo)
CFO & Head of Investor Relations
- Tenure: 0.08yrs
Riddhi Bhayani
Company Secretary & Compliance Officer
- Tenure: 0yrs
- Compensation: ₹632.34k
Board Members
Daksha Shah (74yo)
Women Independent Director
- Tenure: 0.8yrs
- Compensation: ₹10.00k
Bala bhaskaran N. Nair (68yo)
Independent Director
- Tenure: 24.6yrs
- Compensation: ₹145.00k
Kamlesh Gandhi (53yo)
Founder
- Tenure: 0yrs
- Compensation: ₹71.88m
Mukesh Gandhi (62yo)
Co-Founder & Whole Time Director
- Tenure: 24.6yrs
- Compensation: ₹71.82m
Chetanbhai Shah (65yo)
Independent Director
- Tenure: 11.5yrs
- Compensation: ₹110.00k
Darshana Pandya (47yo)
CEO & Whole Time Director
- Tenure: 0.08yrs
- Compensation: ₹3.13m
Subir Nag
Independent Director
- Tenure: 0yrs
Company Information
MAS Financial Services Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: MAS Financial Services Limited
- Ticker: MASFIN
- Exchange: NSEI
- Founded: 1995
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: ₹44.656b
- Shares outstanding: 54.66m
- Website: https://www.mas.co.in
Number of Employees
Location
- MAS Financial Services Limited
- 6, Narayan Chambers
- Ground Floor
- Ahmedabad
- Gujarat
- 380009
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 540749 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2017 |
| MASFIN | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Oct 2017 |
Biography
MAS Financial Services Limited offers retail financing services in India. The company provides micro enterprise, two wheeler, small and medium enterprise, commercial vehicle, used car, tractor, and housing ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/13 13:10 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.