The company has made special contingent provision of Rs 20.33 crore due to Covid-19 for the total on book assets of Rs 3325.49 crore. Assets Under Management (AUM) rose 11.76% to Rs 5966.28 crore in Q4 March 2020 over Q4 March 2019. The portfolio quality remained stable at 1.14% net stage 3 assets of AUM as compared to 1.14% over the corresponding period of the previous year despite of the prolonged ongoing crisis followed by the unprecedented pandemic situation. Capital Adequacy Ratio (including Tier II capital) as of 31 March 2020 stood at 30.96%. The Tier-I capital stood at 28.87%.

MAS Financial Services is a Gujarat-headquartered NBFC with more than two decades of business operations. The company's business and financing products are primarily focused on middle and lower income customer segments spread across urban, semi urban and rural areas, and including formal and informal sector.