Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
1,995.43
1,597.45
1,283.87
978.60
690.24
627.39
709.65
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,995.43
1,597.45
1,283.87
978.60
690.24
627.39
709.65
Raw Material Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
170.58
134.06
100.45
70.70
47.79
35.03
58.69
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
126.00
67.50
48.80
48.01
23.09
6.24
6.02
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
281.95
209.18
150.47
91.94
62.99
102.96
115.87
Total Expenditure (Excl Depreciation)
578.53
410.74
299.72
210.65
133.87
144.23
180.58
Operating Profit (PBDIT) excl Other Income
1,416.90
1,186.71
984.15
767.95
556.37
483.16
529.07
Other Income
6.84
2.70
6.52
2.43
0.93
0.32
0.36
Operating Profit (PBDIT)
1,423.74
1,189.41
990.67
770.38
557.30
483.48
529.43
Interest
906.69
762.80
646.71
496.01
338.68
284.94
296.30
Exceptional Items
-4.82
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
512.23
426.61
343.96
274.37
218.62
198.54
233.13
Depreciation
7.24
5.60
4.29
2.72
2.07
2.57
2.85
Profit Before Tax
504.99
421.01
339.67
271.65
216.55
195.97
230.28
Tax
129.17
107.03
85.66
65.83
55.35
50.44
62.19
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
375.82
313.98
254.01
205.82
161.20
145.52
168.09
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
375.82
313.98
254.01
205.82
161.20
145.52
168.09
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
-4.61
-3.60
-2.96
-2.56
-1.97
-1.16
-0.69
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
371.21
310.38
251.05
203.26
159.23
144.36
167.39
Equity Capital
181.45
181.45
163.99
54.66
54.66
54.66
54.66
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
2,792.76
2,427.58
1,618.72
1,463.99
1,295.25
1,125.22
932.42
Earnings per share (EPS)
20.46
17.11
15.31
12.4
29.13
26.41
30.62
Diluted Earnings per share
20.46
17.48
15.31
37.18
29.13
26.41
30.62
Operating Profit Margin (Excl OI)
71.01%
74.29%
76.65%
78.47%
80.61%
77.01%
74.55%
Gross Profit Margin
25.67%
26.71%
26.79%
28.04%
31.67%
31.65%
32.85%
PAT Margin
18.83%
19.66%
19.78%
21.03%
23.35%
23.19%
23.69%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 24.91% vs 24.42% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 19.60% vs 23.63% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 19.40% vs 20.58% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 18.86% vs 17.95% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of MAS FINANC SER With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,995.43
2,127.90
-132.47
-6.23%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,995.43
2,127.90
-132.47
-6.23%
Raw Material Cost
0.00
851.06
-851.06
-100.00%
Purchase of Finished goods
0.00
144.89
-144.89
-100.00%
(Increase) / Decrease In Stocks
0.00
-24.42
24.42
100.00%
Employee Cost
170.58
289.42
-118.84
-41.06%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
126.00
0.01
125.99
1,259,900.00%
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
281.95
465.76
-183.81
-39.46%
Total Expenditure (Excl Depreciation)
578.53
1,726.72
-1,148.19
-66.50%
Operating Profit (PBDIT) excl Other Income
1,416.90
401.18
1,015.72
253.18%
Other Income
6.84
98.87
-92.03
-93.08%
Operating Profit (PBDIT)
1,423.74
500.05
923.69
184.72%
Interest
906.69
43.86
862.83
1,967.24%
Exceptional Items
-4.82
12.49
-17.31
-138.59%
Gross Profit (PBDT)
512.23
468.68
43.55
9.29%
Depreciation
7.24
68.46
-61.22
-89.42%
Profit Before Tax
504.99
400.21
104.78
26.18%
Tax
129.17
101.03
28.14
27.85%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
375.82
299.18
76.64
25.62%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
375.82
299.18
76.64
25.62%
Share in Profit of Associates
0.00
455.65
-455.65
-100.00%
Minority Interest
-4.61
-22.54
17.93
79.55%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
371.21
732.28
-361.07
-49.31%
Equity Capital
181.45
11.40
170.05
1,491.67%
Face Value
10.00
10.00
0.00
Reserves
2,792.76
9,750.23
-6,957.47
-71.36%
Earnings per share (EPS)
20.46
642.35
-621.89
-96.81%
Diluted Earnings per share
20.46
642.14
-621.68
-96.81%
Operating Profit Margin (Excl OI)
71.01%
18.85%
0.00
52.16%
Gross Profit Margin
25.67%
22.03%
0.00
3.64%
PAT Margin
18.83%
14.06%
0.00
4.77%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 1,995.43 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 24.91% vs 24.42% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 371.21 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 19.60% vs 23.63% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 1,416.90 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 19.40% vs 20.58% in Mar 2025
Annual - Interest
Interest 906.69 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 18.86% vs 17.95% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 71.01%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






