MAS Financial Services: Motilal Oswal Recommends BUY with Rs 380 Target, Predicts Strong Growth Ahead

Overview

MAS Financial Services navigated the first half of FY26 challenges with a focus on portfolio quality and profitability. The company expects a rebound in business momentum and Asset Under Management (AUM) growth in the second half of FY26, driven by improving economic conditions and festive demand. Motilal Oswal reiterates a BUY rating with a price target of INR 380, projecting a 21% Profit After Tax Compound Annual Growth Rate (PAT CAGR) over FY25-28.