MAS Financial Services Q4 Review - Momentum In AUM Growth Restored; Stability Will Be Key: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.MAS Financial Services Ltd.'s profit after tax rose 17% YoY to Rs 426 million in Q4 FY22 (in-line). Standalone profit after tax grew by ~10% YoY and disbursements rose 87% in FY22. Gross stage-III improved by ~10 basis points QoQ to 2.1% and continues to remain relatively better placed than its peers in micro, small and medium enterprise/small and medium enterprise lending. MAS Financial has regained its lost mojo and can deliver the guided assets under management compound annual growth rate of 20-25% over the next three years. However, stability in execution will be key. The stock trades at 2.1 times FY24E price/book value on a return on equity/return on asset of 16%/2.8%..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

MAS Financial Services Q4 Review - Momentum In AUM Growth Restored; Stability Will Be Key: Motilal Oswal

MAS Financial Services Q4 Review - Momentum In AUM Growth Restored; Stability Will Be Key: Motilal Oswal

Choose a plan