MAS Financial Services Limited Reports PAT of more than Rs 250 Crores for the FY 2023-24, While the Consolidated AUM Crosses Rs 10,700 Crores

• A robust development of 26.05% in AUM & 23.41% in PAT

• Rating upgraded to CARE AA-

The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialised in MSME financing, introduced right now the audited monetary outcomes for the quarter ended 31^st March 2024.

116 Quarters of Consistent Financial Performance is the testimony of the robust fundamentals of the firm, which has been adopted over more than two and half many years. We witnessed a wholesome development in enterprise actions throughout the segments we serve, throughout the quarter. The consolidated disbursement was Rs. 2866.35 Crores throughout the quarter ended 31^st March 2024.

During the quarter, the Company’s Long Term Bank Facilities and Non-Convertible Debentures ranking has been upgraded to CARE AA- (Outlook: Stable) from CARE A+ (Outlook: Positive) by CARE Ratings Limited (‘CARE’)

MAS Financial Services Limited on a consolidated foundation studies Assets beneath Management (AUM) of 10721.90 Crores and Profit after Tax (PAT) of Rs. 70.10 Crores for the quarter ended 31^st March 2024 from Rs. 8505.89 Crores and Rs. 56.82 Crores respectively for the quarter ended 31^st March 2023. The consolidated PAT for the FY 2023-24 stands at Rs. 254.01 Crores.

• A Growth of 26.05 % in AUM and 23.37 % in PAT over the corresponding interval of the earlier yr.

MAS Financial Services Limited studies Assets beneath Management (AUM) of Rs. 10125.61 Crores and Profit after Tax (PAT) of Rs. 68.05 Crores for the quarter ended 31^st March 2024 from Rs. 8092.56 Crores and Rs. 55.55 Crores respectively for the quarter ended 31^st March 2023. The AUM as on 31^st December 2023 was Rs. 9672.03 Crores.

• A Growth of 25.12 % in AUM and 22.50% in PAT over the corresponding interval of the earlier yr.

• Capital Adequacy Ratio (together with Tier II capital) as of 31^st March 2024 stood at 24.05%. The Tier-I capital stood at 20.33%.

• The portfolio high quality remained secure and powerful at 2.25% gross stage 3 belongings and 1.51% web stage 3 belongings of AUM as in comparison with 2.23% gross stage 3 belongings and 1.48% web stage 3 belongings of AUM as on 31^st December 2023.

• The firm continues to hold a administration overlay of Rs. 18.79 Crores as on 31^st March 2024, 0.24% of the on e-book belongings.

(Rs. in Crores)

(Rs. in Crores)

*Represents underlying belongings in every of the classes. As on 31^st March 2024, 32.88% of the whole underlying belongings are by numerous NBFCs.

• New Product Segment

The MSME section contributed ~60% in the YoY AUM development of the firm whereas different merchandise additionally contributed meaningfully.

• Dividend: In consonance to our coverage of rewarding the shareholders of the Company, the Company has paid the interim dividend of Rs. 3 per share – pre bonus – ( 1 ex-bonus). Additionally, the Board has proposed the ultimate dividend @ 5.10% i.e. Rs. 0.51 per share topic to the approval of the Members in the ensuing Annual General Meeting.

MAS Rural Housing and Mortgage Finance Limited studies Assets beneath Management of Rs. 596.29 Crores and Profit after Tax of Rs. 2.08 Crores for the quarter ended 31^st March 2024 from Rs. 413.34 Crores and Rs. 1.37 Crores respectively for the quarter ended 31^st March 2023.

• A development of 44.26% in AUM and 51.55% in PAT over the corresponding interval of the earlier yr.

• Capital Adequacy Ratio (together with Tier II capital) as on 31^st March 2024 stood at 38.00%. The Tier-I capital stood at 30.53%.

• The portfolio high quality remained secure and powerful at 0.90% gross stage 3 belongings and 0.66% web stage 3 belongings of AUM as in comparison with 0.81% gross stage 3 belongings and 0.58% web stage 3 belongings of AUM as on 31^st December 2023.

• The firm continues to hold a administration overlay of Rs. 3.00 Crores as on 31^st March 2024, 0.65% of the on e-book belongings.

(Rs. in Crores)

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