Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksBuy MAS Financial Services; target of Rs 780: Motilal Oswal

    Buy MAS Financial Services; target of Rs 780: Motilal Oswal

    Motilal Oswal is bullish on MAS Financial Services has recommended buy rating on the stock with a target price of Rs 780 in its research report dated September 04, 2018.

    Broker Research
    September 18, 2018 / 13:07 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More
      Motilal Oswal's research report on MAS Financial Services

      MAS Financial Services’ (MASFIN) PAT (Ind-AS) rose 80% YoY to INR313m, driven by higher operating profit (+64% YoY) and stable asset quality. With disbursement growth of 24% YoY, AUM rose 30% YoY to INR42.5b. Growth was broad-based across segments (in the range of 20-35% YoY). The share of various products in total AUM is as follows: MEL: 64%, SME finance: 24%, 2W finance: 9% and CV finance: 3.4%.

      Outlook

      We maintain our estimates for FY19/20 and reiterate Buy with a target price of INR750 (24x Jun’20E EPS, implied 4.3x Jun’20E BV).

      For all recommendations report, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

      Read More Read More

      Broker Research
      first published: Sep 5, 2018 04:06 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347