Motilal Oswal Financial Services Ltd

Motilal Oswal Financial Services Ltd

₹ 844 0.26%
13 May - close price
About

Motilal Oswal Financial Services Ltd. was founded in 1987 is a well-diversified financial services firm. The company has a network spread 550+ cities and towns comprising 2,500+ Business Locations operated by their Business Partners and 16,00,000+ customers. [1]

Key Points

MOFSL Group Services:[1][2]
The company offers diversified services across Capital Markets, Asset and Wealth Management, and Housing Finance. A significant focus for the group is the predictability of revenue, with Annual Recurring Revenue (ARR) now contributing 61% of total net revenues, and fee-based revenue alone accounting for 45% of total revenues.

  • Market Cap 50,828 Cr.
  • Current Price 844
  • High / Low 1,097 / 615
  • Stock P/E 55.1
  • Book Value 132
  • Dividend Yield 0.71 %
  • ROCE 10.5 %
  • ROE 12.2 %
  • Face Value 1.00

Pros

  • Company has been maintaining a healthy dividend payout of 24.9%
  • Company's median sales growth is 17.4% of last 10 years

Cons

  • Company has high debtors of 274 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
624 884 1,067 1,125 1,485 1,518 1,781 1,238 821 1,505 1,091 1,221 941
426 488 578 532 714 714 803 674 658 701 672 689 758
Operating Profit 198 396 489 593 771 803 977 564 164 804 420 532 183
OPM % 32% 45% 46% 53% 52% 53% 55% 46% 20% 53% 38% 44% 19%
7 34 3 8 20 13 23 39 30 30 33 30 37
Interest 62 71 100 118 160 178 212 210 199 177 184 216 261
Depreciation 12 15 15 21 21 19 21 24 23 23 24 25 24
Profit before tax 131 345 377 461 609 619 768 369 -28 634 246 321 -65
Tax % 32% 17% 18% 18% 15% 16% 23% 22% -71% 16% 21% 24% -25%
90 287 308 379 516 519 591 289 -8 532 194 245 -49
EPS in Rs 1.51 4.85 5.19 6.38 8.67 8.69 9.88 4.83 -0.14 8.88 3.24 4.08 -0.81
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
129 111 132 1,359 1,217 1,270 2,198 2,579 2,666 4,563 5,359 4,759
26 20 5 731 733 953 1,096 1,550 1,700 2,313 2,851 2,819
Operating Profit 103 91 127 628 484 316 1,102 1,029 966 2,250 2,509 1,940
OPM % 80% 82% 96% 46% 40% 25% 50% 40% 36% 49% 47% 41%
0 0 -29 -5 30 37 -62 36 26 81 119 131
Interest 30 30 5 93 104 129 128 162 217 466 812 838
Depreciation 8 8 7 29 18 30 37 39 50 72 87 96
Profit before tax 65 53 86 500 392 194 876 864 725 1,792 1,728 1,135
Tax % 7% 13% 0% 21% 18% -1% 14% 18% 22% 17% 19% 19%
60 47 86 393 322 197 751 707 569 1,490 1,391 923
EPS in Rs 1.08 0.82 1.49 6.78 5.53 3.32 12.80 11.85 9.61 25.01 23.22 15.33
Dividend Payout % 70% 106% 92% 31% 38% 30% 20% 21% 26% 14% 22% 39%
Compounded Sales Growth
10 Years: 46%
5 Years: 17%
3 Years: 21%
TTM: -11%
Compounded Profit Growth
10 Years: 35%
5 Years: 2%
3 Years: 17%
TTM: -34%
Stock Price CAGR
10 Years: 28%
5 Years: 37%
3 Years: 73%
1 Year: 16%
Return on Equity
10 Years: 18%
5 Years: 18%
3 Years: 20%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 14 14 14 15 15 15 15 15 15 15 60 60
Reserves 561 579 655 2,367 2,579 2,749 3,602 4,227 4,439 5,901 7,057 7,890
443 398 458 1,271 1,420 1,430 2,080 2,172 3,737 6,773 8,757 13,732
48 27 32 1,624 1,693 1,972 3,397 4,381 5,703 8,181 6,447 8,200
Total Liabilities 1,066 1,019 1,159 5,277 5,706 6,166 9,093 10,795 13,893 20,870 22,321 29,883
152 144 141 277 281 307 326 330 435 575 716 717
CWIP 0 0 0 0 1 0 0 0 0 0 31 31
Investments 357 490 655 3,123 3,095 3,780 3,944 4,347 4,056 5,476 6,418 6,859
556 385 363 1,878 2,329 2,078 4,823 6,119 9,402 14,819 15,155 22,277
Total Assets 1,066 1,019 1,159 5,277 5,706 6,166 9,093 10,795 13,893 20,870 22,321 29,883

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-255 286 -49 487 306 784 -660 879 -1,332 -498 607 -5,527
-0 -90 -106 -289 -100 -295 111 -357 30 -487 -334 104
260 -90 49 -181 -132 -70 443 -53 1,212 3,202 2,213 4,643
Net Cash Flow 4 106 -106 17 75 419 -106 469 -90 2,216 2,486 -780
Free Cash Flow -255 286 -49 457 286 724 -712 837 -1,455 -638 422 -5,593
CFO/OP -237% 322% -34% 92% 79% 272% -50% 97% -123% -11% 36% -272%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0 0 0 196 355 138 102 94 92 117 126 274
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 196 355 138 102 94 92 117 126 274
Working Capital Days 596 -162 -97 -149 -168 -633 -329 -457 -644 -499 -260 -295
ROCE % 11% 8% 11% 25% 13% 8% 22% 17% 13% 22% 18% 11%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Private Wealth Management - Total AUM
₹ Cr

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Asset Management Business - Total AUM
₹ Cr
Broking Client Base
Lakhs
Housing Finance GNPA
%
Private Wealth Management - Sales RMs
Number
Research Coverage - Number of Stocks
Number
Housing Finance AUM
₹ Cr
Broking Market Share - Cash Segment
%
Group Total Assets Under Advice (AUA)
₹ Cr
Broking Market Share - F&O Premium
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
69.66% 69.53% 69.39% 69.16% 69.04% 68.86% 68.71% 68.45% 67.80% 67.69% 67.62% 67.54%
6.41% 6.29% 6.48% 6.73% 6.46% 6.34% 5.88% 6.01% 7.29% 7.52% 6.93% 7.03%
6.11% 6.29% 6.76% 6.94% 6.06% 6.41% 6.39% 5.71% 5.44% 5.84% 6.42% 6.02%
17.84% 17.90% 17.36% 17.16% 18.42% 18.39% 19.01% 19.83% 19.46% 18.96% 19.02% 19.40%
No. of Shareholders 68,94463,58361,73267,2311,35,9841,63,5512,26,7542,87,3312,60,2862,41,2972,38,4882,41,961

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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