The evidence leans constructive4 supporting, 2 against, 1 worth knowing
Supporting
matches profit on paper, not in cash, which has beaten the market by +1.99 points over 20 sessions across 3,884 past signals
5 of the scans it matches have a positive measured record
revenue grew 21% year on year in the quarter ending 30 June 2026
net margin has widened from 19.0% to 19.6% across four quarters
Against
trading 6% below its 200-day average
down 6% over twelve months
Worth knowing
the 5 scans it matches come from only 2 families — one signal wearing several hats rather than several signals
What would change this read: a close back above 313, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working3
Profit rose year on year in all 4 of the last 4 quarters.
4
Net profit rose 27.2% year on year, from Rs 87 cr to Rs 110 cr.
+27.2%Rs 87 crRs 110 cr
Revenue rose 20.7% year on year, from Rs 466 cr to Rs 562 cr.
+20.7%Rs 466 crRs 562 cr
Needs watching5
Operating cash flow was Rs -1,787 cr against Rs 399 cr reported profit, which is -447% of it.
Rs -1,787 crRs 399 cr-447%
Financial Activities accounts for 100% of segment revenue, meaning the company relies entirely on this single segment.
Financial Activities100%
Trading 6.1% below its 200-day average.
-6.1%
Only 5.3% above its 52-week low.
+5.3%
A warning rule fires on it tonight: near a 52-week low.
Near a 52-week low
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 5 of these 5 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
5 of 47 matched on 10 Sep
MASFIN matches 5 of the 47 scans today, across 2 different kinds of evidence. Note how few kinds of evidence that is: several scans in one family are one signal wearing several hats, not several signals.
segments and revenue mix, as the company reports them
MASFIN reports 2 business segments. The largest is Financial Activities at 100% of revenue in the quarter ending 30 June 2026. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Financial Activities560 cr99.7%—
Others2 cr0.3%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 31 March 2026
Return on equity
13.4%
trailing profit over shareholders’ funds
Return on capital
18.0%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
0 cr borrowed against 2,974 cr of equity
Net debt
224 cr
cash exceeds borrowings
Cash conversion
-447%
operating cash flow as a share of profit
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 26 September 2024
14×
median 17×
19×
now 13×
MASFIN trades at 13× trailing earnings, below its median of 17× over this window — 19% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · Analyst call filings were typically +0.11pt vs the market over the next 5 sessions (n=4,339)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 21% against the same quarter a year earlier
profit rose 27% year on year
net margin widened from 19.3% to 19.6%
revenue rose in 4 of the last 4 quarters
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
562
148
110
5.98
19.6%
Q4 FY26
31 Mar · consolidated
542
139
104
5.69
19.3%
Q3 FY26
31 Dec · consolidated
507
127
93
5.08
18.4%
Q2 FY26
30 Sep · consolidated
480
123
91
4.98
19.0%
Q1 FY26
30 Jun · consolidated
466
116
87
4.82
18.6%
Q4 FY25
31 Mar · consolidated
438
112
83
4.55
19.1%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-4.4%
Versus 200-day average-6.1%
Below 52-week high-15.2%
Above 52-week low+5.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)43.1
Higher closes in last 53 of 5
Six-month return−1.93%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.03%
Volume versus 20-day0.5x
Median daily turnoverRs 5.8 cr
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
Session
Scans
Which
10 Sep
1
Profit on paper, not in cash
9 Sep
2
Hammer — long tail below, Profit on paper, not in cash
8 Sep
1
Profit on paper, not in cash
7 Sep
1
Profit on paper, not in cash
4 Sep
3
Opened and closed at the same price, Just reported, and grew, Profit on paper, not in cash
3 Sep
2
Just reported, and grew, Profit on paper, not in cash
2 Sep
2
Just reported, and grew, Profit on paper, not in cash
1 Sep
2
Just reported, and grew, Profit on paper, not in cash
31 Aug
2
Just reported, and grew, Profit on paper, not in cash
28 Aug
2
Just reported, and grew, Profit on paper, not in cash
27 Aug
2
Just reported, and grew, Profit on paper, not in cash
26 Aug
2
Just reported, and grew, Profit on paper, not in cash