MAS Financial Services Reports 21% Growth in AUM and PAT for Q1 FY27; Details on Management Changes Released

MAS Financial Services Reports 21% Growth in AUM and PAT for Q1 FY27; Details on Management Changes Released​

MAS Financial Services Limited today announced its unaudited financial results for the quarter ending June 30, 2026, reporting strong growth across both consolidated and standalone entities. The company’s performance highlighted sustained operational excellence as it also detailed several key changes in senior management and governance structure following a Board meeting held on July 29, 2026.

On a consolidated basis, MAS Financial Services reported Assets Under Management (AUM) of ₹16,122.75 Crores for the quarter ending June 30, 2026. This represents significant growth from the previous period's AUM of ₹13,298.50 Crores, translating to a 21.24% rise in Assets Under Management and a 27.21% increase in Profit After Tax (PAT), which stood at ₹110.15 Crores, up from ₹85.59 Crores for the quarter ending June 30, 2025. The consolidated disbursement during this quarter was reported at ₹4,532.76 Crores.

Key Financial Highlights (Consolidated)​

The company’s financial stability and operational health remain robust, supported by strong capital ratios and stable portfolio quality. The results for the period are summarized below:

Standalone Performance and Segmental Strength​

The standalone entity also showed impressive growth in the quarter, reporting AUM of ₹15,146.73 Crores. This compares to ₹12,504.60 Crores in the corresponding quarter of the previous year, marking a 21% growth in AUM and a 24.67% increase in PAT, which reached ₹104.50 Crores against ₹83.90 Crores.

The company maintained strong risk metrics, reporting that its Capital Adequacy Ratio (including Tier II capital) stood at 23.25%, with the Tier-I capital standing at 21.94%. Portfolio quality remained stable and healthy, evidenced by Gross stage 3 assets stabilizing at 2.58% and Net stage 3 assets at 1.70% of AUM.

The company’s lending portfolio is diversified across several segments. The Standalone AUM breakdown is as follows:


The MSME segment contributed approximately 80% toward the year-on-year AUM growth of the company.

Subsidiary Performance and Governance Updates​

MAS Financial Services Limited also reported results for its subsidiary, MAS Rural Housing and Mortgage Finance Limited (MRHMFL), which saw a rise in performance. MRHMFL reported an AUM of ₹976.02 Crores, up from ₹793.90 Crores, while PAT increased to ₹4.27 Crores from ₹2.16 Crores over the same period. The subsidiary maintained strong financial health with a Capital Adequacy Ratio (including Tier II capital) of 37.95%.

Board Decisions and Management Changes​

During its meeting on July 29, 2026, the Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the Directors Report for the Financial Year ending March 31, 2026. The Board also set key dates for stakeholders regarding the forthcoming Annual General Meeting (AGM).

Key operational announcements made by the Board included:

• Director Reappointment: The Board considered and recommended members for the re-appointment of Mrs. Darshana Pandya (DIN: 07610402), who is liable to retire by rotation as per Section 152(6) of the Companies Act, 2013.
• Compliance Officer: The Board considered and approved the re-appointment of the Chief Compliance Officer based on recommendations from the Nomination and Remuneration Committee.
• Senior Management Changes: The company announced promotions in senior management: Mr. Nishant Jain was promoted to Director - Operations from Chief Risk Officer, while Mr. Darshil Thakkar was promoted to Chief Risk Officer from Head - Credit. The responsibilities previously held by Mr. Darshil Thakkar were assigned to Mr. Bharat Aswani, Head - Credit.

The Register of Members and Share Transfer Books will be closed for dividend declaration purposes from August 27, 2026, until September 2, 2026. The remote e-voting period is scheduled to begin on Saturday, August 29, 2026, and conclude on Tuesday, September 1, 2026.

MASFIN Stock Price Movement​

MAS Financial Services Limited shares are climbing in live trading at 2:46 PM, edging up to ₹319.35 after gaining ₹4.60 (1.46%). The stock maintained steady momentum throughout the session, trading within an intraday range defined by a low of ₹313.95 and a high of ₹325.