MAS Financial Services (NSE:MASFIN) Shares Outstanding (Basic Average): 181 Mil (As of Mar. 2026)

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NSE:MASFIN MAS Financial Services Ltd NSE:MASFIN
82 GF Score
Price ₹323.55
GF Value ₹437.60
Valuation Modestly Undervalued
! 8 Warning Signs
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What is MAS Financial Services Shares Outstanding (Basic Average)?

MAS Financial Services NSE:MASFIN +1.57% 82 Shares Outstanding (Basic Average) is 181 Mil as of Mar. 2026. GuruFocus rates NSE:MASFIN with a GF Score™ of 82/100 and a GF Value™ of ₹437.60 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. MAS Financial Services's average basic shares outstanding for the quarter that ended in Mar. 2026 was 181 Mil.

MAS Financial Services  (NSE:MASFIN) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

MAS Financial Services Shares Outstanding (Basic Average) Related Terms

MAS Financial Services Shares Outstanding (Basic Average) Historical Data

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The historical data trend for MAS Financial Services's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MAS Financial Services Shares Outstanding (Basic Average) Chart

MAS Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.99 163.99 163.99 177.56 181.43

MAS Financial Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 181.25 177.49 181.41 181.50 181.23
NSE:MASFIN
82GF Score
MAS Financial Services Ltd NSE:MASFIN
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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MAS Financial Services Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 181 Mil mean?
MAS Financial Services (NSE:MASFIN) has a Shares Outstanding (Basic Average) of 181 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on MAS Financial Services and its competitors.
Is MAS Financial Services' Shares Outstanding (Basic Average) too high?
MAS Financial Services' current Shares Outstanding (Basic Average) is 181 Mil. Overall, MAS Financial Services has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MAS Financial Services' Shares Outstanding (Basic Average) compare to V and MA?
MAS Financial Services' Shares Outstanding (Basic Average) of 181 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Credit Services company?
A good Shares Outstanding (Basic Average) depends on the Credit Services industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on MAS Financial Services and its competitors. MAS Financial Services's current Shares Outstanding (Basic Average) is 181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAS Financial Services stock overvalued right now?
Based on GuruFocus' analysis, MAS Financial Services (NSE:MASFIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹437.60, compared to a current price of ₹323.55 — trading 26.1% below its estimated fair value. The current Shares Outstanding (Basic Average) is 181 Mil. MAS Financial Services' overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For MAS Financial Services (NSE:MASFIN), the current Shares Outstanding (Basic Average) is 181 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MAS Financial Services (NSE:MASFIN) Overvalued in 2026?

Based on GuruFocus' analysis, MAS Financial Services stock appears to be undervalued. The current stock price of ₹323.55 is trading 26.1% below its estimated GF Value™ of ₹437.60. GuruFocus considers MAS Financial Services to be Modestly Undervalued.

Key valuation signals for NSE:MASFIN:

  • Shares Outstanding (Basic Average): 181 Mil
  • GF Value™: ₹437.60 vs. price of ₹323.55 (26.1% below fair value)
  • GF Score™: 82/100 with 8 warning signs

No single metric tells the full story. See the NSE:MASFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MAS Financial Services Business Description

Other Exchanges 540749:India
Address Ashram Road, 6, Narayan Chambers, Ground Floor, Behind Patang Hotel, Nehru Bridge Corner, Ahmedabad, GJ, IND, 380009
MAS Financial Services Ltd operates as a non-banking financial company. It is mainly in the retail business, comprising Micro, small, and medium enterprises, two-wheelers, three-wheelers, and multi-utility vehicles loans to individual borrowers and loans to microfinance institutions and other non-banking financial companies. It focuses on the lower-income and middle-income groups of society, spread across urban, semi-urban, and rural areas, including formal and informal sectors.
82GF Score

Get the complete analysis for NSE:MASFIN

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹323.55
Price
₹437.60
GF Value