MAS Financial Services Q2 FY27: AUM Crosses ₹17,000 Crore, PAT Grows 26%
MAS Financial Services Limited reported Q2 FY27 results with consolidated AUM reaching ₹17,042 crore, a 23.31% growth. Consolidated PAT rose 26% to ₹115 crore. The subsidiary MAS Rural Housing crossed ₹1,000 crore AUM. Standalone PAT grew 23% to ₹110 crore. Capital adequacy remained strong at 22.12%. Management expects 20-25% AUM growth.
The announcement includes key financial metrics like AUM and PAT growth, subsidiary performance, and capital adequacy, which are material for investors and significantly impact the company's valuation.
The company reported strong growth in AUM and PAT, crossed significant milestones, and maintained a healthy capital adequacy ratio. Management expressed optimism about future growth and addressed potential headwinds effectively.
MAS Financial Services Limited (MASFIN) announced its Unaudited Financial Results for the second quarter and half-year ended September 30, 2026. The company's consolidated Assets Under Management (AUM) grew by 23.31% to ₹17,042 crore, crossing a significant milestone. Profit After Tax (PAT) on a consolidated basis for the quarter stood at ₹115 crore, a growth of 26% over the corresponding quarter in the previous year. For the half-year ended September 30, 2026, consolidated PAT was ₹225 crore, an increase of 26.54%.
The company's subsidiary, MAS Rural Housing and Mortgage Finance Limited, also achieved a milestone by crossing ₹1,000 crore in AUM. This subsidiary reported a robust profitability growth of 55% year-on-year, with Net Stage 3 assets below 1%.
On a standalone basis, MASFIN's PAT for the quarter was ₹110 crore, a rise of 23% compared to the previous year. For the half-year, standalone PAT was ₹214 crore. The company maintained a strong capital adequacy ratio of over 22%, with a debt-to-equity ratio of 3.50x. The average cost of borrowing for the quarter was 9.19%.
Management highlighted that approximately 70-75% of borrowings are fixed or MCLR-linked, and 65-70% of assets are fixed, providing a buffer against rising interest rates. The company expects to maintain its growth momentum, targeting 20-25% AUM growth annually. Concerns regarding drought impact were addressed, with management stating that less than 10% of the portfolio is in drought-affected states and that stringent underwriting standards mitigate significant asset quality stress.
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