On a standalone basis, the company reported AUM of ₹14,363.67 crore and PAT of ₹99.72 crore for the quarter ended March 31, 2026, compared with ₹12,099.82 crore and ₹80.82 crore in the year-ago period. AUM grew about 19% year-on-year, while PAT rose around 23%.
ALSO READ | MAS Financial eyes 20-25% asset base growth, upbeat on second-half demand recoveryStandalone disbursements stood at ₹4,156.58 crore for the quarter ended March 31, 2026, while AUM was ₹13,782.29 crore as on December 31, 2025.
For FY26, standalone PAT stood at ₹356.81 crore, up around 20% year-on-year. The capital adequacy ratio, including tier II capital, stood at 22.84%, with tier I capital at 21.50% as of March 31, 2026.
Asset quality remained stable, with gross stage 3 assets at 2.57% of AUM and net stage 3 assets at 1.70%, compared with 2.56% and 1.72%, respectively, as on December 31, 2025. The company carried a management overlay of ₹17.50 crore, equivalent to 0.15% of on-book assets. The MSME segment contributed about 73% to year-on-year AUM growth, with other products also contributing to overall growth.
Consolidated figures
The company reported consolidated assets under management (AUM) of ₹15,303.86 crore and profit after tax (PAT) of ₹106.48 crore for the quarter ended March 31, 2025, compared with ₹12,962.91 crore and ₹83.41 crore in the same period last year. Consolidated disbursements stood at ₹4,267.24 crore during the quarter.ALSO READ | MAS Financial sees asset base growth returning to 20-25% as credit conditions improve
MAS Financial reported around 18% growth in AUM and a 25% decline in PAT on a year-on-year basis for the consolidated business.
MAS Rural Housing and Mortgage Finance
MAS Rural Housing and Mortgage Finance Ltd reported standalone AUM of ₹940.19 crore and PAT of ₹4.20 crore for the quarter ended March 31, 2026, compared with ₹763.09 crore and ₹2.64 crore in the year-ago period. AUM grew around 22%, while PAT declined about 40%.
For FY26, standalone PAT stood at ₹12.90 crore, down around 35% year-on-year. Capital adequacy ratio stood at 26.72%, with tier I capital at 33.26%. Asset quality remained stable, with gross stage 3 assets at 0.98% and net stage 3 assets at 0.58%, compared with 0.97% and 0.67% in the previous quarter. The company carried a management overlay of ₹3.69 crore, or 0.54% of on-book assets.
ALSO READ | MAS Financial Services raises ₹500 crore via QIP; Expects AUM to touch ₹20,000 crore in 4 years
The company declared an interim dividend of 12.50% (₹1.25 per share) and proposed a final dividend of 7.50% (₹0.75 per share), taking the total dividend for the year to 20% (₹2 per share of face value ₹10), subject to shareholder approval.
Kamlesh Gandhi, Founder, Chairman and Managing Director, MAS Financial, said, “Team MAS is delighted to cross the important milestones of ₹15, OOO crore in AUM and ₹5OO crore in PBT on a consolidated basis. This year too, we demonstrated our capabilities of robust growth while maintaining the immaculate quality of assets and strong profitability. We remain committed to grow between 2oo/o-25Yo, prioritising risk management and profitability.”
Shares of MAS Financial Services Ltd ended at ₹327.35, up by ₹7.95, or 2.49%, on the BSE.
