MAS Financial Q1 FY27: Steady AUM Growth, Lower Funding Cost, Stable Stage 3

Standalone AUM was INR 1,51,467 million (INR 15,146.7 crore) as of June 30, 2026, up 21.13% year on year.

As of June 30, 2026, gross Stage 3 assets were 2.58% and net Stage 3 assets were 1.70% (standalone).

Standalone PAT for Q1 FY27 was INR 1,046 million (INR 104.6 crore), up 24.67% year on year.

The investor presentation states an aim to grow AUM by 20% to 25% over the medium to long term.

The presentation states targets of ROA in the range of 2.75% to 3.00% and ROE in the range of 16% to 18%.

Management indicated it aims to keep 20% to 25% of AUM off-book through direct assignment and co-lending; Q1 FY27 highlights show 18% of AUM assigned to Banks/FIs.

MRHMFL AUM was INR 9,760 million (INR 976.0 crore) as of June 30, 2026, up 22.94% YoY; Q1 FY27 PAT was INR 43 million (INR 4.3 crore), with net Stage 3 at 0.68%.