Mas Financial Services Limited

Founded in 1995 and headquartered in Gujarat, India.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 12, 2024

Mas Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 181.45 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10,051.14 Cr
  • Satisfied Charges ₹ 4,562.77 Cr
  • Revenue Growth 44.36%
  • Profit Growth 27.33%
  • Ebitda 39.20%
  • Net Worth 15.08%
  • Total Assets 26.36%

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 eight 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 2023. 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 ₹10,051.14 Cr. The company has closed loans amounting to ₹4,562.77 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, Narayanan Sadanandan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • 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

    26 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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 CEOCurrent
Ankit Jain Country flag representing In CFOCurrent
Riddhi Bhayani Country flag representing In Company SecretaryCurrent

Board Members (4)

NameDesignationAppointment DateStatus
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

Financial Performance of Mas Financial Services.

Mas Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.36% increase. The company also saw a substantial improvement in profitability, with a 27.33% increase in profit. The company's net worth Soared by an impressive increase of 15.08%.

Graph illustrating revenue growth over time
Graph showing 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
44.36%
Revenue from Operations
44.23%
Total Assets
26.36%
Profit or Loss
27.33%
Net Worth
15.08%
EBITDA
39.20%

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

In 2023, Mas Financial Services had a promoter holding of 73.72% and a public holding of 26.28%. 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

₹10,051.14 Cr

Satisfied Charges

₹4,562.77 Cr

Charges Breakdown by Lending Institutions

  • Others : 6106.19 Cr
  • State Bank Of India : 900.00 Cr
  • Indian Bank : 800.00 Cr
  • Hdfc Bank Limited : 634.00 Cr
  • Sidbi : 600.00 Cr
  • Others : 1010.95 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Hdfc Bank Limited₹44.00 CrOpen
22 Mar 2024Others₹200.00 CrOpen
18 Mar 2024Others₹200.00 CrOpen
14 Feb 2024Others₹125.00 CrOpen
15 Jan 2024Others₹100.00 CrOpen

How Many Employees Work at Mas Financial Services?

Mas Financial Services has a workforce of 1047 employees as of Mar 22, 2024. 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.

Graph showing employee growth trends

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 registered on 29 Jul 2022 via Charge ID 100743129 with Others was fully satisfied on 13 Apr 2024.

    13 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 44.00 Cr with Charge ID 100895720 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100886835 was registered on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100891883 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 125.00 Cr with Charge ID 100884375 was registered on 14 Feb 2024.

    14 Feb 2024

  • Charges

    A charge registered on 25 Nov 2021 via Charge ID 100506735 with Others was fully satisfied on 12 Feb 2024.

    12 Feb 2024

Frequently asked questions

  • Mas Financial Services Limited was incorporated on 25 May 1995.

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

  • Currently 8 directors are associated with Mas Financial Services Limited.

    • Kamlesh Chimanlal Gandhi
    • Daksha Niranjan Shah
    • Narayanan Sadanandan
    • Darshana Saumil Pandya
    • Umesh Rajanikant Shah
    • Darshana Saumil Pandya
    • Ankit Jain
    • Riddhi Bhaveshbhai Bhayani
  • 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, Ahmedabad, Gujarat, India, 380009.

  • 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).

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

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mas Financial Services Limited has risen by 44.36%.

  • As Per 2023 financial reports, 1047 employees are currently employed by Mas Financial Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mas Financial Services Limited has experienced an upsurge of 15.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mas Financial Services Limited amount to ₹ 10,051.14 Cr.

  • The most recent Balance Sheet for Mas Financial Services Limited was filed with the ROC on 31 Mar 2023.

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