About MAS Home Loans
MAS Home Loans is a Financial Services company based in Ahmedabad (India) founded in 2007 by Kamlesh Gandhi. It provides home loans tailored for semi-urban and rural communities. It operates on a B2C model. The company has 218 employees. Its Indian entity Mas Rural Housing & Mortgage Finance Limited reported revenue of ₹32.41 Cr. Its focus areas include Finance, Banking, Lending and Home Loans. Similar companies include HomeFirst Finance, HDFC and India Shelter Finance Corporation; 2 of its 3 listed similar companies have raised funding.
Company details
MAS Home Loans provides home loans tailored for semi-urban and rural communities through finance, banking, facilitating loans and financing, and home loans. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Ahmedabad, India
- Employees 218
- Founders Kamlesh Gandhi
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website mrhmfl.co.in
- Social LinkedIn Facebook
- Legal Name Mas Rural Housing & Mortgage Finance Limited
- Date of Incorporation 24 Jul, 2007
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹32.41 Cr
FY 2019 · +23% YoY
- Net Profit₹2.65 Cr
FY 2019 · 8% margin
- EBITDA₹24.08 Cr
FY 2019 · 74% margin
- Employee Count218
Associated legal entities of MAS Home Loans
MAS Home Loans is associated with 2 registered companies on The Company Check; the primary company is Mas Rural Housing & Mortgage Finance Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mas Rural Housing & Mortgage Finance Limited CIN U74900GJ2007PLC051383 | Active | 24 Jul 2007 | Ahmedabad, Gujarat | ₹32.4 Cr | 218 | 8 | View details |
| Mas Financial Services Limited Listed CIN L65910GJ1995PLC026064 | Active | 25 May 1995 | Ahmedabad, Gujarat | ₹2,002 Cr | 1,683 | 10 | View details |
Board of directors of Mas Rural Housing & Mortgage Finance Limited (MAS Home Loans)
Mas Rural Housing & Mortgage Finance Limited is the primary company behind MAS Home Loans. The boards of the 2 registered companies of MAS Home Loans currently have 9 directors; the longest-serving is Kamlesh Chimanlal Gandhi, appointed in 2010. 32 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamlesh Chimanlal Gandhi DIN 00044852 | Managing Director | 25 Mar 2010 | 16 yrs 7 mo | Mas Financial Services Limited, Mas Rural Housing & Mortgage Finance Limited |
| Subir Nag DIN 02169915 | Director | 30 Dec 2015 | 10 yrs 10 mo | Mas Rural Housing & Mortgage Finance Limited |
| Darshana Saumil Pandya DIN 07610402 | Whole-time director | 23 Sep 2016 | 10 yrs 1 mo | Mas Financial Services Limited, Mas Rural Housing & Mortgage Finance Limited |
| Umesh Rajanikant Shah DIN 07685672 | Director | 21 Dec 2016 | 9 yrs 10 mo | Mas Financial Services Limited, Mas Rural Housing & Mortgage Finance Limited |
| Narayanan Sadanandan DIN 07263104 | Director | 21 Jun 2023 | 3 yrs 4 mo | Mas Financial Services Limited |
| Daksha Niranjan Shah DIN 00376899 | Director | 17 Jan 2024 | 2 yrs 9 mo | Mas Rural Housing & Mortgage Finance Limited |
| Vishal Vasu DIN 02460597 | Director | 24 Apr 2024 | 2 yrs 6 mo | Mas Financial Services Limited, Mas Rural Housing & Mortgage Finance Limited |
| Dhvanil Kamlesh Gandhi DIN 10562922 | Whole-time director | 14 Aug 2024 | 2 yrs 2 mo | Mas Financial Services Limited |
| Barnali Chaklader DIN 10970760 | Director | 04 Mar 2025 | 1 yr 8 mo | Mas Financial Services Limited |
People of MAS Home Loans
1 people are tracked at MAS Home Loans (1 in leadership); the tracked headcount is 218.
| Name | Role | Group |
|---|---|---|
| Founder, Managing Director | Leadership |
Complete people profiles for MAS Home Loans
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MAS Home Loans
Figures of Mas Rural Housing & Mortgage Finance Limited, the primary company behind MAS Home Loans, for FY 2019. Revenue was ₹32.41 Cr (+23% year on year). Net profit was ₹2.65 Cr (8% margin). EBITDA was ₹24.08 Cr (74% margin). Revenue has grown at a compounded annual rate of +27% over three years.
- ₹32.41 CrRevenue · FY 2019 · +23% YoY
- ₹2.65 CrNet profit · 8% margin
- ₹24.08 CrEBITDA · 74% margin
- ₹38.11 CrPaid-up capital
- 218Employees (provident fund records)
- +27%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mas Rural Housing & Mortgage Finance Limited are on its company page.
Detailed financial statements for MAS Home Loans
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to MAS Home Loans
MAS Home Loans has 3 listed similar companies in our database, 2 of them funded. They include HomeFirst Finance, HDFC and India Shelter Finance Corporation.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| homefirstindia.com | 2010 | Mumbai, India | $209.7M | 1,724 | Affordable home loans are extended to low and middle-income groups. | |
| hdfc.com | 1977 | Mumbai, India | 213,527 | Provider of housing finance solutions | ||
| indiashelter.in | 2010 | Gurugram, India | $111.02M | 3,323 | Housing loans are extended to middle-income households in India. |
Detailed similar companies of MAS Home Loans
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MAS Home Loans
The website of MAS Home Loans (mrhmfl.co.in) receives about 3.8K visits a month.
- Monthly visits3.8K
▼ 44.7% vs previous month
Top companies in Housing Finance
3 companies that operate in the same segment as MAS Home Loans (Housing Finance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform for educational loans tailored to students. | 2019 | Bengaluru, Karnataka, India | USD 24.31 M | 1,250 | ||
Loans for housing and business are provided by Aavas Financiers in India. | 2011 | Jaipur, Rajasthan, India | USD 99.6 M | 6,379 | ||
Finance services encompassing loans and insurance in India. | 1991 | Jaipur, Rajasthan, India | USD 8.21 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Mas Home Loans
Complete news archive for MAS Home Loans
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MAS Home Loans
MAS Home Loans was founded in 2007.
MAS Home Loans is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
MAS Home Loans has 218 employees.
The primary company behind MAS Home Loans, Mas Rural Housing & Mortgage Finance Limited, reported revenue of ₹32.41 Cr for FY 2019, up 23% year on year.
MAS Home Loans provides home loans tailored for semi-urban and rural communities through finance, banking, facilitating loans and financing, and home loans. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
MAS Home Loans's top competitors include HomeFirst Finance, India Shelter Finance Corporation and HDFC.
MAS Home Loans is associated with 2 legal entities: Mas Rural Housing & Mortgage Finance Limited, Mas Financial Services Limited.
The legal entities of MAS Home Loans currently have 13 directors, including Kamlesh Chimanlal Gandhi, Umesh Rajanikant Shah, Darshana Saumil Pandya and others.