Motilal Oswal Financial Services Ltd
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]
- Market Cap ₹ 50,828 Cr.
- Current Price ₹ 844
- High / Low ₹ 1,097 / 615
- Stock P/E 27.2
- Book Value ₹ 214
- Dividend Yield 0.71 %
- ROCE 12.6 %
- ROE 15.6 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company's median sales growth is 18.0% of last 10 years
Cons
- Company has high debtors of 158 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 772 | 1,080 | 1,923 | 2,751 | 2,450 | 2,358 | 3,626 | 4,298 | 4,178 | 7,106 | 8,340 | 9,374 | |
| 516 | 647 | 915 | 1,357 | 1,543 | 1,546 | 1,610 | 2,178 | 2,301 | 3,024 | 3,794 | 5,504 | |
| Operating Profit | 256 | 432 | 1,008 | 1,394 | 907 | 812 | 2,016 | 2,120 | 1,877 | 4,082 | 4,546 | 3,870 |
| OPM % | 33% | 40% | 52% | 51% | 37% | 34% | 56% | 49% | 45% | 57% | 55% | 41% |
| 1 | 1 | -27 | 1 | 12 | 8 | -80 | 18 | 19 | 71 | 78 | 42 | |
| Interest | 31 | 174 | 442 | 528 | 517 | 494 | 430 | 475 | 596 | 1,039 | 1,298 | 1,336 |
| Depreciation | 31 | 35 | 33 | 37 | 24 | 40 | 48 | 48 | 58 | 83 | 99 | 111 |
| Profit before tax | 196 | 225 | 506 | 829 | 378 | 285 | 1,458 | 1,616 | 1,242 | 3,032 | 3,226 | 2,465 |
| Tax % | 27% | 27% | 28% | 25% | 25% | 24% | 18% | 19% | 25% | 19% | 22% | 24% |
| 145 | 172 | 371 | 632 | 298 | 190 | 1,265 | 1,312 | 935 | 2,446 | 2,508 | 1,872 | |
| EPS in Rs | 2.56 | 2.97 | 6.23 | 10.72 | 5.04 | 3.10 | 21.49 | 21.97 | 15.74 | 40.96 | 41.74 | 31.06 |
| Dividend Payout % | 29% | 29% | 22% | 20% | 42% | 32% | 12% | 11% | 16% | 9% | 12% | 19% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 21% |
| 3 Years: | 31% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 7% |
| 3 Years: | 26% |
| TTM: | -25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 37% |
| 3 Years: | 73% |
| 1 Year: | 16% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 22% |
| 3 Years: | 23% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 1,281 | 1,422 | 1,772 | 2,871 | 3,039 | 3,071 | 4,447 | 5,659 | 6,237 | 8,717 | 11,019 | 12,828 |
| 795 | 2,589 | 5,067 | 5,323 | 5,158 | 4,627 | 5,693 | 6,152 | 10,278 | 13,787 | 14,774 | 21,255 | |
| 855 | 1,064 | 1,586 | 2,202 | 2,149 | 2,370 | 3,887 | 5,033 | 6,419 | 9,252 | 8,064 | 9,324 | |
| Total Liabilities | 2,945 | 5,090 | 8,439 | 10,411 | 10,360 | 10,084 | 14,041 | 16,860 | 22,949 | 31,771 | 33,916 | 43,468 |
| 300 | 292 | 294 | 300 | 302 | 333 | 350 | 357 | 466 | 603 | 768 | 769 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101 | 115 |
| Investments | 814 | 1,231 | 1,767 | 2,807 | 2,686 | 3,088 | 3,922 | 4,685 | 4,787 | 6,501 | 8,851 | 10,299 |
| 1,831 | 3,566 | 6,378 | 7,304 | 7,372 | 6,662 | 9,769 | 11,818 | 17,696 | 24,667 | 24,197 | 32,285 | |
| Total Assets | 2,945 | 5,090 | 8,439 | 10,411 | 10,360 | 10,084 | 14,041 | 16,860 | 22,949 | 31,771 | 33,916 | 43,468 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -98 | -1,242 | -1,980 | 248 | 195 | 952 | -139 | 1,011 | -3,058 | -350 | 1,215 | -6,071 | |
| -606 | -380 | -314 | -157 | 14 | -353 | -273 | -447 | -274 | -247 | -1,077 | -958 | |
| 747 | 1,718 | 2,420 | -98 | -141 | -129 | 861 | 282 | 3,770 | 3,306 | 745 | 6,154 | |
| Net Cash Flow | 44 | 96 | 125 | -7 | 68 | 470 | 449 | 845 | 439 | 2,709 | 882 | -875 |
| Free Cash Flow | -124 | -1,277 | -2,032 | 207 | 168 | 882 | -199 | 956 | -3,212 | -495 | 930 | -6,160 |
| CFO/OP | -25% | -274% | -183% | 31% | 41% | 137% | 0% | 58% | -148% | 2% | 39% | -140% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 279 | 240 | 239 | 138 | 226 | 115 | 92 | 85 | 90 | 99 | 105 | 158 |
| Inventory Days | 0 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 279 | 240 | 239 | 138 | 226 | 115 | 92 | 85 | 90 | 99 | 105 | 158 |
| Working Capital Days | -76 | -278 | -209 | -241 | -103 | -189 | -206 | -279 | -402 | -327 | -189 | -153 |
| ROCE % | 14% | 13% | 18% | 18% | 11% | 10% | 22% | 19% | 13% | 21% | 19% | 13% |
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 |
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| Housing Finance GNPA % |
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| Private Wealth Management - Sales RMs Number |
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| Research Coverage - Number of Stocks Number |
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| Housing Finance AUM ₹ Cr |
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| Broking Market Share - Cash Segment % |
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| Group Total Assets Under Advice (AUA) ₹ Cr |
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| Broking Market Share - F&O Premium % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2m - Motilal Oswal Financial Services Limited ("the Company") will be meeting investors in Motilal Oswal India Corporate Day 2026, Singapore - Organised by Motilal Oswal''s Institutional …
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Motilal Oswal Financial Services Limited has informeds regarding allotment of 1,84,582 securities pursuant to ESOP/ESPS at its meeting held on May 11, 2026
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
7 May - The Transcript of the Earnings Conference Call ('Con-Call') with Investor(s)/Analyst(s) held on Thursday, April 30, 2026 to discuss Financial Performance for Q4 & FY 2025-26.
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Intimation Regarding Letter Of Appointment Issued To Motilal Oswal Asset Management Company Limited, A Material Wholly-Owned Subsidiary Company, To Act As Sponsor Of Pension Fund
6 May - MOAMC received PFRDA approval on May 5, 2026 to sponsor a pension fund under NPS.
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Intimation Of Submission Of Application For Reclassification Of Certain Members From 'Promoter Group' Category To 'Public' Category
30 Apr - Company submitted application to reclassify 11 promoter group members as public, totaling 24.45 lakh shares.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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May 2026Transcript PPT REC
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Apr 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT REC
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Jan 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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May 2023TranscriptPPT
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Apr 2023Transcript PPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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Jul 2022TranscriptAI SummaryPPT
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May 2022TranscriptPPT
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Apr 2022Transcript PPT
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Jan 2022TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Apr 2021Transcript PPT
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Jan 2021Transcript PPT
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Dec 2020TranscriptPPT
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Oct 2020TranscriptAI SummaryPPT
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Jul 2020Transcript PPT
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May 2020Transcript PPT
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Jan 2020Transcript PPT
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Oct 2019Transcript PPT
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Jul 2019Transcript PPT
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May 2019Transcript PPT
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Jan 2019Transcript PPT
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Oct 2018Transcript PPT
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Aug 2018Transcript PPT
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May 2018Transcript PPT
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Jan 2018Transcript PPT
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Nov 2017Transcript PPT
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Jun 2017TranscriptPPT
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Mar 2017TranscriptPPT
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.