MAS Financial Services Ltd posts Q4FY21 consolidated PAT of Rs. 36.33 crore

MAS Financial Services Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.147.25 crores during the period ended March 31, 2021 as compared to Rs.150.09 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.36.33 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.36 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.6.65 for the period ended March 31, 2021 as compared to Rs.6.59 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 147.25 crs	₹ 150.09 crs	-1.89%
Net Profit	₹ 36.33 crs	₹ 36 crs	0.92%
EPS	₹ 6.65	₹ 6.59	0.91%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.147.25 crores during the period ended March 31, 2021 as compared to Rs.178.27 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.36.33 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.33.89 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.6.65 for the period ended March 31, 2021 as compared to Rs.6.20 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 147.25 crs	₹ 178.27 crs	-17.4%
Net Profit	₹ 36.33 crs	₹ 33.89 crs	7.2%
EPS	₹ 6.65	₹ 6.20	7.26%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.627.71 crores during the 12 months period ended March 31, 2021 as compared to Rs.710.01 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.144.36 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.167.39 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.26.41 for the 12 months period ended March 31, 2021 as compared to Rs.30.62 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 627.71 crs	₹ 710.01 crs	-11.59%
Net Profit	₹ 144.36 crs	₹ 167.39 crs	-13.76%
EPS	₹ 26.41	₹30.62	-13.75%

Commenting on the performance, Mr. Kamlesh Gandhi - Founder, Chairman & Managing Director, MAS Financial said, "In consonance with our mission and vision of creating value for stakeholders on a very large scale through efficient last mile delivery of credit, the main focus of the company continues to remain on maintaining:

1. Strong capital base.
2. High level of liquidity.
3. The quality of Assets.
4. High provisioning buffers.
5. Constant engagement with all the stakeholders for understanding the evolving situation.

With a Tier-1 capital adequacy ratio of 24.81% and total capital adequacy of 26.85%, sufficient liquidity due to very efficient liability management, stable quality of portfolio of 1.52% of net stage 3 assets and by creating and maintaining additional provisioning buffer which stands at 1.39% of on book assets should not only enable the company to navigate the current unprecedented situation successfully but also regain its growth trajectory of 20-25% once the economy normalizes".

Shares of MAS Financial Services Ltd was last trading in BSE at Rs.877.75 as compared to the previous close of Rs. 856.2. The total number of shares traded during the day was 7850 in over 535 trades.

The stock hit an intraday high of Rs. 894.75 and intraday low of 841.2. The net turnover during the day was Rs. 6788628.

Source : Equity Bulls

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