MAS Financial Services Limited has released its unaudited financial results for the quarter ended December 31, 2025. The company reported a consolidated Assets Under Management (AUM) of ₹14,641 crore, marking an 18.28% increase year-on-year. Consolidated Profit After Tax (PAT) stood at ₹97 crore, a growth of 20.55% compared to the same period last year. On a standalone basis, AUM grew by 18% to ₹13,782 crore, and total income increased by 23% to ₹481 crore. Profit After Tax (PAT) for standalone operations rose by 20% to ₹93 crore. For the nine-month period ending December 2025, standalone total income grew by 25% to ₹1,384 crore, and PAT increased by 18.65% to ₹267 crore. The company has excluded a one-time impact of ₹4.24 crore related to the Labour Code provision for better comparability. The quality of assets remained stable, with net Stage 3 assets at 1.72%. The company's housing finance subsidiary also demonstrated strong performance, with assets growing by 23% to ₹859 crore and PAT growing by 45%. Management expressed confidence in returning to a growth trajectory of 20% to 25% in AUM and PAT over the next two to three quarters, driven by improvements in demand and strategic focus on MSME and Wheels segments. The company's liability side remains well-capitalized with a strong balance sheet, a debt-equity ratio of 3.35x, and a capital adequacy ratio of 22.85%. Liquidity is secured up to September 2026. The average cost of borrowing for the quarter was 9.53%, a reduction of 10 basis points from the previous quarter. The company is also focused on technology adoption and enhancing personnel efficiency. An interim dividend of ₹1.25 per share on a face value of ₹10 has been declared.
