MAS Financial Posts Robust FY 2026 Results

05 May 2026 CW Team

On a standalone basis, AUM was Rs 143.64 billion as on 31 March 2026 and total disbursements for the quarter reached Rs 41.57 billion. Standalone profit after tax for the year was Rs 3.57 billion, while profit after tax for the quarter was Rs 997.2 million, representing year on year improvement in margins and operational efficiencies. The firm highlighted that the MSME segment accounted for a substantial share of AUM growth during the period.

Capital adequacy remained strong with a capital adequacy ratio including Tier II capital of 22.84 per cent and Tier I capital of 21.50 per cent as on 31 March 2026. Portfolio quality was reported to be stable with gross stage three assets at 2.57 per cent and net stage three assets at 1.70 per cent of AUM, and the group continued to carry a management overlay of Rs 175.0 mn against on-book assets.

MAS Rural Housing and Mortgage Finance reported AUM of Rs 9.40 billion for the quarter and a year to date profit after tax of Rs 129.0 million, with capital metrics described as robust and portfolio performance remaining stable relative to the preceding quarter. The group emphasised ongoing focus on responsible lending and measured growth across product verticals.

The board declared an interim dividend of 12.50 per cent, equivalent to Rs 1.25 per share, and proposed a final dividend of 7.50 per cent, equivalent to Rs 0.75 per share, making an aggregate payout of 20 per cent or Rs 2.00 per share subject to shareholder approval. The chairman noted that the management remained committed to growth in the range of 20 per cent to 25 per cent while prioritising risk management and profitability.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Board of Directors of MAS Financial Services Limited announced audited results for the quarter and year ended 31 March 2026, reporting that Assets under Management (AUM) crossed Rs 153.04 billion on a consolidated basis and that consolidated profit before tax reached Rs 5.00 billion for the year. Consolidated profit after tax for the year stood at Rs 3.79 billion, reflecting continued scale in the company focused on MSME financing. The company defined AUM growth as being driven principally by micro and small enterprise loans, with diversified contributions from other product lines. On a standalone basis, AUM was Rs 143.64 billion as on 31 March 2026 and total disbursements for the quarter reached Rs 41.57 billion. Standalone profit after tax for the year was Rs 3.57 billion, while profit after tax for the quarter was Rs 997.2 million, representing year on year improvement in margins and operational efficiencies. The firm highlighted that the MSME segment accounted for a substantial share of AUM growth during the period. Capital adequacy remained strong with a capital adequacy ratio including Tier II capital of 22.84 per cent and Tier I capital of 21.50 per cent as on 31 March 2026. Portfolio quality was reported to be stable with gross stage three assets at 2.57 per cent and net stage three assets at 1.70 per cent of AUM, and the group continued to carry a management overlay of Rs 175.0 mn against on-book assets. MAS Rural Housing and Mortgage Finance reported AUM of Rs 9.40 billion for the quarter and a year to date profit after tax of Rs 129.0 million, with capital metrics described as robust and portfolio performance remaining stable relative to the preceding quarter. The group emphasised ongoing focus on responsible lending and measured growth across product verticals. The board declared an interim dividend of 12.50 per cent, equivalent to Rs 1.25 per share, and proposed a final dividend of 7.50 per cent, equivalent to Rs 0.75 per share, making an aggregate payout of 20 per cent or Rs 2.00 per share subject to shareholder approval. The chairman noted that the management remained committed to growth in the range of 20 per cent to 25 per cent while prioritising risk management and profitability.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..