MAS Financial Services Limited

NSE MASFIN.NS

MAS Financial Services Limited Debt to Equity Ratio for the year ending March 31, 2024: 4.17

MAS Financial Services Limited Debt to Equity Ratio is 4.17 for the year ending March 31, 2024, a 3.24% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

MAS Financial Services Limited Debt to Equity Ratio for the year ending March 31, 2023 was 4.03, a 19.75% change year over year.
MAS Financial Services Limited Debt to Equity Ratio for the year ending March 31, 2022 was 3.37, a 13.17% change year over year.
MAS Financial Services Limited Debt to Equity Ratio for the year ending March 31, 2021 was 2.98, a 11.38% change year over year.
MAS Financial Services Limited Debt to Equity Ratio for the year ending March 31, 2020 was 2.67, a 8.67% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: MASFIN.NS

MAS Financial Services Limited

CEO	Ms. Darshana Saumil Pandya
IPO Date	Oct. 18, 2017
Location	India
Headquarters	6, Narayan Chambers
Employees	1,892
Sector	Finance
Industries Banking & Lending

Description

MAS Financial Services Limited, a non-banking finance company, provides retail financing services in India. The company offers micro enterprise, small and medium enterprise, two-wheeler, commercial vehicle, salaried personal, used car, tractor, and housing loans; and loans to micro finance institutions and non-banking financial companies. As of March 31, 2022, it operated approximately 4,438 customer locations through a network of 125 branches in cities/towns of Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Tamil Nadu, Karnataka, and Delhi NCR. The company serves low- and middle-income individuals, as well as micro, small, and medium enterprises. MAS Financial Services Limited was incorporated in 1995 and is headquartered in Ahmedabad, India.

Key trends

Past 5 years