SME Portfolio Boosts MAS Financial’s AUM to Over ₹10,000 Crore

Overview of MAS Financial’s Milestone Achievement

MAS Financial Services Ltd., an established non-banking financial company in India, has recently achieved a significant milestone. The company’s consolidated Assets Under Management (AUM) crossed the ₹10,000 crore mark during the quarter, standing at approximately ₹10,225 crore as of December 31, 2023. This marks a notable year-on-year growth of 27%​​​​.

Financial Resilience and Shareholder Reward Policy

Despite economic fluctuations, MAS Financial has maintained robust financial health, with a reported liquidity of around ₹800 crore at the end of 2023. In line with its policy of rewarding shareholders, the company declared an interim dividend of 30.00%, equating to ₹3.00 per share​​​​​​.

Leadership’s Perspective on Growth and Commitment

Kamlesh Gandhi, the Founder, Chairman & Managing Director of MAS Financial, expressed his views on this achievement. He stated that reaching this milestone reflects the company’s consistent growth across various cycles. Gandhi emphasized the team’s commitment to excellence and the intention to enter the next growth phase, which is expected to be both exciting and successful, creating substantial value for all stakeholders​​​​.

MAS Financial’s Focus on Diverse Financial Services

Founded in 1995 and registered with the Reserve Bank of India, MAS Financial specializes in providing a range of retail finance options. The company’s portfolio includes micro-enterprise loans, SME loans, home loans, two-wheeler loans, used car loans, and commercial vehicle loans. Targeting lower and middle-income groups, MAS Financial aims to meet the financial needs of these demographics across urban, semi-urban, and rural areas, encompassing both formal and informal sectors​​​​.

This milestone by MAS Financial showcases the strength and resilience of the company in the financial sector. The consistent growth and focus on diverse financial services underline its commitment to catering t