Mas Financial Services Limited

Founded in 1995 and headquartered in Gujarat, India.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Mas Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 181.45 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12,489.50 Cr
  • Satisfied Charges ₹ 5,132.76 Cr
  • Revenue Growth 29.03%
  • Profit Growth 23.29%
  • Ebitda 27.97%
  • Net Worth 17.48%
  • Total Assets 18.66%

About Mas Financial Services

Mas Financial Services Limited (MFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 May 1995 and has a history of 29 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540749 and on the National Stock Exchange(NSE) under MASFIN.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 181.45 Cr.

The company currently has active open charges totaling ₹12,489.50 Cr. The company has closed loans amounting to ₹5,132.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mas Financial Services Limited India are Darshana Pandya as Ceo, Ankit Jain as Cfo, and Riddhi Bhayani as Company Secretary. Kamlesh Gandhi, Daksha Shah, Vishal Vasu, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mas.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65910GJ1995PLC026064

  • Company No.

    026064

  • Stock Symbol

    BSE : 540749 NSE : MASFIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 May 1995

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Mas Financial Services?

Executive Team (4)

NameDesignationAppointment DateStatus
Kamlesh Gandhi Country flag representing In Managing Director25-Mar-2010Current
Darshana Pandya Country flag representing In CEO31-Jul-2019Current
Ankit Jain Country flag representing In CFO06-Nov-2019Current
Riddhi Bhayani Country flag representing In Company Secretary26-Feb-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Vishal Vasu Country flag representing In Director 24-Apr-2024Current
Umesh Shah Country flag representing In Director 21-Dec-2016Current
Narayanan Sadanandan Country flag representing In Director 21-Jun-2023Current
Daksha Shah Country flag representing In Director 14-Mar-2019Current
Darshana Pandya Country flag representing In Whole-Time Director and Ceo 23-Sep-2016Current
Dhvanil Gandhi Whole-Time Director 14-Aug-2024Current

Financial Performance of Mas Financial Services.

Mas Financial Services Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 29.03% increase. The company also saw a substantial improvement in profitability, with a 23.29% increase in profit. The company's net worth Soared by an impressive increase of 17.48%.

Mas Financial Services revenue growth over time
Mas Financial Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.03%
Revenue from Operations
28.65%
Total Assets
18.66%
Profit or Loss
23.29%
Net Worth
17.48%
EBITDA
27.97%

What is the Ownership and Shareholding Structure of Mas Financial Services?

In 2024, Mas Financial Services had a promoter holding of 73.72% and a public holding of 26.27%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12,489.50 Cr

Satisfied Charges

₹5,132.76 Cr

Charges Breakdown by Lending Institutions

  • Others : 7379.67 Cr
  • State Bank Of India : 1300.00 Cr
  • Indian Bank : 1000.00 Cr
  • Sidbi : 600.00 Cr
  • Hdfc Bank Limited : 534.00 Cr
  • Others : 1675.83 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2025Others₹50.00 CrOpen
31 Dec 2024Others₹50.00 CrOpen
30 Dec 2024State Bank Of India₹400.00 CrOpen
27 Dec 2024Others₹125.00 CrOpen
27 Dec 2024Others₹75.00 CrOpen

How Many Employees Work at Mas Financial Services?

Mas Financial Services has a workforce of 1433 employees as of Feb 07, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mas Financial Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mas Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mas Financial Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mas Financial Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101037591 was registered on 16 Jan 2025.

  • Charges

    A charge registered on 23 Sep 2021 via Charge ID 100492267 with Others was fully satisfied on 08 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101029322 was registered on 31 Dec 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 400.00 Cr with Charge ID 101026518 was registered on 30 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 125.00 Cr with Charge ID 101027088 was registered on 27 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101032507 was registered on 27 Dec 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mas Financial Services Limited?

    Mas Financial Services Limited was incorporated on 25 May 1995.

  • What is authorized share capital and paid-up capital of Mas Financial Services Limited?

    The authorized share capital of Mas Financial Services Limited is ₹ 200.00 Cr and paid-up capital is ₹ 181.45 Cr.

  • Who are the current board members & directors of Mas Financial Services Limited?

    Currently 10 directors are associated with Mas Financial Services Limited.

    • Kamlesh Chimanlal Gandhi
    • Daksha Niranjan Shah
    • Vishal Vasu
    • Narayanan Sadanandan
    • Darshana Saumil Pandya
    • Umesh Rajanikant Shah
    • Dhvanil Kamlesh Gandhi
    • Darshana Saumil Pandya
    • Ankit Jain
    • Riddhi Bhaveshbhai Bhayani

  • What is the registered address of Mas Financial Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mas Financial Services Limited is 6 Narayan Chambers Gr Flr B/H Patang Hotel, Ashram Road India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Mas Financial Services Limited?

    The corporate identification number (CIN) of Mas Financial Services Limited is L65910GJ1995PLC026064 and the company number is 026064 as per Ministry of Corporate Affairs (MCA).

  • Is Mas Financial Services Limited registered with any stock exchange in India?

    Yes, Mas Financial Services Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MASFIN.

  • What is the official website of Mas Financial Services Limited?

    The Official website of Mas Financial Services Limited is https://www.mas.co.in

  • What has been the recent revenue trend for Mas Financial Services Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Mas Financial Services Limited has risen by 29.03%.

  • How many employees does Mas Financial Services Limited currently have?

    As Per 2024 financial reports, 1433 employees are currently employed by Mas Financial Services Limited.

  • What change has been observed in the net worth of Mas Financial Services Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Mas Financial Services Limited has experienced an upsurge of 17.48%.

  • What are the total open charges for Mas Financial Services Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Mas Financial Services Limited amount to ₹ 12,489.50 Cr.

  • When was the last Balance Sheet of Mas Financial Services Limited filed with the ROC?

    The most recent Balance Sheet for Mas Financial Services Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on NBFC