MAS Financial Services

MAS Financial Services Net Debt/Equity

The Net Debt to Equity Ratio of MAS Financial Services (MASFIN.NS) as of Nov 9, 2026 is 3.13. In the previous year, Net Debt to Equity Ratio was 2.70 — a change of 15.90% (higher).

Net Debt/Equity

3.13

YoY

15.90%

Last updated:

Net Debt to Equity Ratio of MAS Financial Services is 2026 3.13 . Net Debt to Equity Ratio of MAS Financial Services was 2025 2.70 . It decreases by 15.90% higher compared to the previous year.

The MAS Financial Services Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2019
2.71 INR
Jan 1, 2020
3.32 INR
Jan 1, 2021
4.09 INR
Jan 1, 2022
4.52 INR
Jan 1, 2023
5.64 INR
Jan 1, 2024
3.37 INR
Jan 1, 2025
2.70 INR
Jan 1, 2026
3.13 INR
The MAS Financial Services Net Debt/Equity history
YEARNet Debt/EquityYoY
3.13+15.90%
2.70-19.82%
3.37-40.31%
5.64+24.90%
4.52+10.44%
4.09+23.07%
3.32+22.88%
2.71-22.67%
3.50-60.13%
8.77+82.08%
4.82+16.98%
4.12+31.04%
3.14—

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MAS Financial Services Stock analysis

What does MAS Financial Services do? MAS Financial Services Ltd. generates revenue through specialized retail financing services including micro enterprise loans (MEL), small and medium enterprise loans (SME), two-wheeler loans (TW), and commercial vehicle loans (CV). The company also provides loans for housing purposes such as purchasing new or old houses, constructing houses on owned plots, home improvements, and commercial property. Additionally, it offers SME-specific products like machinery loans, industrial shed loans, working capital loans, and loans against property. Salaried personal loans for education, home renovation, furniture, medical needs, and other personal purposes further contribute to its income streams. The primary customer segments for MAS Financial Services Ltd. are micro enterprises, small and medium businesses, individuals seeking two-wheeler financing, commercial vehicle owners, and homebuyers requiring housing loans. The company targets salaried individuals for personal loans, focusing on education, medical expenses, and home improvement needs. Its product portfolio caters to both business and personal financing requirements across multiple segments without specifying additional brands or partners. MAS Financial Services Ltd. operates within the financial services sector, focusing on non-banking finance. It provides tailored loan products for specific customer needs, including micro enterprises, SMEs, and individual consumers. The company’s revenue model relies on interest income from these diverse loan offerings, serving customers in Ahmedabad, Gujarat, and beyond without mentioning specific external partnerships or additional market segments. MAS Financial Services is one of the most popular companies on Eulerpool.

Frequently Asked Questions about MAS Financial Services stock

Net Debt to Equity Ratio of MAS Financial Services is 3.13 in 2026.

Net Debt to Equity Ratio of MAS Financial Services changed from 2.70 to 3.13, representing a 15.90% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio MAS Financial Services since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's MAS Financial Services with sector peers and the industry average to assess whether it is attractive.

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Leverage — MAS Financial Services

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