MAS FINANC SER (MASFIN)

FairStock Score: 42/100 — MIXED

Score breakdown: P/E: 2/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Let me look at MASFIN as a business, not a ticker. It's an NBFC growing sales at 23.68% and profit at 20.32%. That's the kind of compounding that attracts me if it can be sustained. Latest quarter sales of ₹507 Cr and net profit of ₹93 Cr show momentum. At ₹320, I pay ₹5,885 Cr for the company, or 16.63 times earnings. For a 20% grower, the PEG is 0.76, so Mr. Market isn't asking a ridiculous price. But I don't buy growth alone. I need financial strength. Here the balance sheet worries me: debt/equity is 3.47. That is the nature of an NBFC, but it means the business is leveraged. ROE of 14.36% is decent, but ROCE is only 11.32%, and the spread between them comes from leverage, not magic. Book value is ₹132.34, so I'm paying 2.42 times book. That requires continued high returns and no bad loan blow-up. Promoter holding at 66.63% is a positive; their interests are tied to mine. Piotroski score of 7/9 suggests recent operational health. Dividend yield is just 0.52%, so I'm not being paid to wait. FairStock calls it mixed at 46, and I agree. It's a good, growing franchise in a leveraged industry. I'd want to know the quality of the loan book and how it behaves in a downturn. Price is within the 52-week range, not obviously cheap or crazy. I would only invest with a margin of safety, meaning a lower entry price or clear evidence that growth continues without deteriorating asset quality. Growth is excellent, but leverage makes me cautious.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer