MOTILALOFS - Motilal Oswal Financial Services Limited Share Price
Capital Markets
Valuation | |
|---|---|
| Market Cap | 54.5 kCr |
| Price/Earnings (Trailing) | 19.56 |
| Price/Sales (Trailing) | 6.19 |
| EV/EBITDA | 9.74 |
| Price/Free Cashflow | 48.92 |
| MarketCap/EBT | 15.25 |
| Enterprise Value | 47.9 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 8.8 kCr |
| Rev. Growth (Yr) | 18.4% |
| Earnings (TTM) | 2.79 kCr |
| Earnings Growth (Yr) | 31.6% |
Profitability | |
|---|---|
| Operating Margin | 41% |
| EBT Margin | 41% |
| Return on Equity | 25.04% |
| Return on Assets | 8.2% |
| Free Cashflow Yield | 2.04% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
|---|---|
| Price Change 1W | -3% |
| Price Change 1M | -1% |
| Price Change 6M | 34.3% |
| Price Change 1Y | 47.9% |
| 3Y Cumulative Return | 6.1% |
| 5Y Cumulative Return | 6.5% |
| 7Y Cumulative Return | -0.20% |
| 10Y Cumulative Return | 10% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -1.08 kCr |
| Cash Flow from Operations (TTM) | 1.21 kCr |
| Cash Flow from Financing (TTM) | 745.14 Cr |
| Cash & Equivalents | 6.6 kCr |
| Free Cash Flow (TTM) | 1.11 kCr |
| Free Cash Flow/Share (TTM) | 18.58 |
Balance Sheet | |
|---|---|
| Total Assets | 33.99 kCr |
| Total Liabilities | 22.86 kCr |
| Shareholder Equity | 11.13 kCr |
| Net PPE | 730.81 Cr |
| Inventory | 0.00 |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 1.87 |
| Interest/Cashflow Ops | 1.98 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 5 |
| Dividend Yield | 0.55% |
| Shares Dilution (1Y) | 0.40% |
| Shares Dilution (3Y) | 0.50% |
Risk & Volatility | |
|---|---|
| Max Drawdown | -34.7% |
| Drawdown Prob. (30d, 5Y) | 72.31% |
| Risk Level (5Y) | 58.9% |
Latest News and Updates from Motilal Oswal Financial Services
Updated May 5, 2025
The Bad News
Motilal Oswal Financial Services Ltd. reported a net loss of ₹65 crore for the January-March quarter, marking its first loss in five years.
The company experienced a 45% decline in revenue year-on-year, totaling ₹1,190 crore.
Following the announcement, the company's stock fell 9% to ₹691.95, making it the top loser on the Nifty 500 index.
The Good News
The wealth management segment grew by 7%, with Assets Under Management reaching ₹2.64 lakh crore, a 31% increase year-on-year.
Management noted that reduced trading volumes are expected to recover in the upcoming quarters.
The stock has shown an 11% increase over the past month, despite the recent decline.
Updates from Motilal Oswal Financial Services
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Summary of Latest Earnings Report from Motilal Oswal Financial Services
Summary of Motilal Oswal Financial Services's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
In the Q1 FY26 earnings call, Motilal Oswal Financial Services Limited's management provided a robust outlook, highlighting a continued upward trajectory in performance. The key forward-looking points include:
Record Profitability: The company posted a profit after tax of Rs.1,430 crores for Q1 FY26, reflecting a 40% year-on-year growth. This sets the stage for sustained profitability levels.
Expanding AUM: The Asset Management Company (AMC) achieved Rs.1.5 lakh crores in equity AUM, signaling strong market share gains. Additionally, the private equity business is set to grow significantly with a target size of Rs.8,000 crores for its fifth fund, which has already crossed 80% of the target in less than two months.
Future Growth Expectations: Management noted that the housing finance business, which reached Rs.5,000 crores in AUM, is projected to double in the next 2 to 3 years, driven by a sales force increase and robust loan disbursements.
Continued Revenue Diversification: The company is focused on enhancing fee-based and trail-based revenues, which make up 44% of total revenues and are expected to grow as they increase the share of their distribution and private wealth businesses.
Strong Market Pipeline: Management reported a healthy deal pipeline in the capital markets, with expectations for Q2 FY26 to match or exceed Q1 FY26's strong performance. The investment banking division expects to execute multiple IPOs in the coming weeks.
Customer Base Expansion: The company has expanded its customer base to 13.6 million and aims to enhance cross-selling and product offerings, particularly in under-indexed segments.
Long-term Growth Target: Management projects robust double-digit growth across all business segments, asserting an ambition to close the performance gap with market leaders, indicating significant potential for future growth.
Overall, the outlook remains positive, with management emphasizing a commitment to capturing industry opportunities through strategic growth and operational improvements.
Last updated:
Here are the major questions and their detailed answers from the Q&A section of the earnings transcript:
Question 1:
Avinash Singh - Emkay Global: "Your wealth management performance is good, but there has been a shift. Given your pivot towards holistic wealth management, will the decline in brokerage revenue continue, while distribution continues to grow? What about housing finance and the emerging asset quality concerns? Lastly, what's the outlook for capital market deals moving forward?"
Navin Agarwal: "The capital markets business is witnessing robust growth in Q1, matched by a strong deal pipeline for the upcoming quarter. Regarding wealth management, our focus on distribution income is intentional, and we believe it will outgrow brokerage revenue. As for housing finance, our asset quality is solid, but we anticipate some recoveries in the coming quarters."
Question 2:
Ashish Kumar - Ampersand Capital: "Employee expenses have surged 34% YoY and 23% QoQ. What's driving this? Also, can you clarify the muted QoQ growth in Asset and Private Wealth Management?"
Shalibhadra Shah: "Employee expenses rose due to hiring senior talent and annual increments that took effect in Q1. As for the muted growth in Asset and Private Wealth Management, Q4 benefitted from carry income; hence the revenue comparison with Q1 appears subdued. However, we expect continued strong growth."
Question 3:
Hitesh Arora - Abakkus Asset Managers: "In PWM, can you shed light on client acquisition and relationship growth as well as significant transactions?"
Ashish Shanker: "We've expanded from about 13,400 families to 16,600 in PWM. Growth is across HNI and UHNI segments. We're witnessing rising interest in both alternative products and solutions. Overall, the PWM segment reflects strong momentum."
Question 4:
Lalit Deo - Equirus Securities: "What drove the uptick in transactional distribution revenues? And what's the net sales outlook for AMC's PE and RE segments this year?"
Shalibhadra Shah: "The uptick in distribution revenue stemmed from increased secondary market transactions. Q1 saw Rs.300 crores in PE/RE flows, with major fund closings anticipated in Q2. We expect strong growth in AUM and recurring income this year."
Question 5:
Dipanjan Ghosh - Citigroup: "What's your outlook on competitive pressures affecting employee expenses in PWM and Capital Markets? What's the deal pipeline visibility?"
Navin Agarwal: "Competitive pressures for talent are expected to persist, but we remain focused on managing costs while maintaining performance. Our capital market deal pipeline looks robust for Q2, potentially mirroring the strong Q1."
These answers provide an overview of the key topics discussed, focusing on financial performance, strategic direction, and market outlook.
Revenue Breakdown
Analysis of Motilal Oswal Financial Services's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Jun 30, 2025
| Description | Share | Value |
|---|---|---|
| Wealth Management | 32.2% | 954.5 Cr |
| Treasury Investments | 29.7% | 880.1 Cr |
| Asset and Private Wealth Management | 24.9% | 737.9 Cr |
| Capital Markets | 7.1% | 210.8 Cr |
| Home finance | 6.0% | 177.5 Cr |
| Total | 3 kCr |
Share Holdings
Understand Motilal Oswal Financial Services ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
| Shareholder Name | Holding % |
|---|---|
| Motilal Oswal Family Trust | 23.72% |
| Raamdeo Ramgopal Agrawal | 21.22% |
| Vaibhav Raamdeo Agrawal | 5.15% |
| Navin Agarwal | 5.09% |
| Suneeta Raamdeo Agrawal | 4.25% |
| Raamdeo Agarwal HUF | 3% |
| Motilal Gopilal Oswal | 2.25% |
| Vimla Motilal Oswal | 1.65% |
| Pratik Ranjit Mehta | 1.49% |
| Natasha Aniruddha Malpani | 1.48% |
| Pratik Motilal Oswal | 1.48% |
| Pratiksha Pratik Mehta | 1.48% |
| Rajat Rajgarhia | 1.15% |
| Dhairya Agrawal | 0.15% |
| Suman Agrawal | 0.07% |
| Vedika Vaibhav Agrawal | 0.07% |
| Vinay Agrawal | 0.07% |
| Satish Agrawal | 0.05% |
| Karoon Ramgopal Agarawal | 0.05% |
| Sukhdeo Ramgopal Agarawal | 0.05% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is Motilal Oswal Financial Services Better than it's peers?
Detailed comparison of Motilal Oswal Financial Services against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| ANGELONE | ANGEL ONE | 23.52 kCr | 4.98 kCr | -6.40% | +22.40% | 23.57 | 4.72 | - | - |
| ANANDRATHI | Anand Rathi Wealth | 21.84 kCr | 1.02 kCr | +24.80% | +46.60% | 68.11 | 21.43 | - | - |
| IIFL | IIFL FINANCE | 18.63 kCr | 10.58 kCr | -7.70% | +3.20% | 57.53 | 1.76 | - | - |
| JMFINANCIL | JM Financial | 14.75 kCr | 4.45 kCr | -6.90% | +56.10% | 17.94 | 3.31 | - | - |
| GEOJITFSL | Geojit Financial Services | 2.04 kCr | 721.44 Cr | -14.80% | -29.30% | 12.71 | 2.83 | - | - |
| 5PAISA | 5paisa Capital | 1.19 kCr | 335.34 Cr | -8.20% | -18.50% | 19.84 | 3.54 | - | - |
Sector Comparison: MOTILALOFS vs Capital Markets
Comprehensive comparison against sector averages
Comparative Metrics
MOTILALOFS metrics compared to Capital
| Category | MOTILALOFS | Capital |
|---|---|---|
| PE | 19.56 | 18.27 |
| PS | 6.19 | 4.78 |
| Growth | 11.2 % | 6.7 % |
Performance Comparison
MOTILALOFS vs Capital (2021 - 2025)
- 1. MOTILALOFS is among the Top 3 Stockbroking & Allied companies by market cap.
- 2. The company holds a market share of 24.9% in Stockbroking & Allied.
- 3. In last one year, the company has had an above average growth that other Stockbroking & Allied companies.
Income Statement for Motilal Oswal Financial Services
Balance Sheet for Motilal Oswal Financial Services
Cash Flow for Motilal Oswal Financial Services
What does Motilal Oswal Financial Services Limited do?
Motilal Oswal Financial Services is a prominent Stockbroking & Allied company in India, with the stock ticker MOTILALOFS and a market capitalization of Rs. 40,618.5 Crores.
The company provides a broad range of financial services through various segments, including:
- Capital Market
- Fund Based Activities
- Asset Management and Advisory
- Home Finance
Its offerings encompass broking and distribution services such as equities, derivatives, commodities, currencies, mutual funds, and insurance products. Additionally, it provides depository, portfolio management, and asset management services.
Motilal Oswal also caters to private wealth management, offering services like equity, alternate investments, credit, estate planning, and property advisory. The company is involved in primary equity offerings and home loans, while also providing institutional broking services, which include cash and derivatives, private equity services, and investment banking advisory.
The company serves a diverse clientele, including high net worth individuals, mutual funds, foreign institutional investors, financial institutions, and corporate clients. Founded in 1987, Motilal Oswal Financial Services is headquartered in Mumbai, India.
In terms of financial performance, the company reported a revenue of Rs. 8,374.7 Crores over the last 12 months, with a notable profit of Rs. 2,508.2 Crores in the same period. It has exhibited revenue growth of 93.9% over the past three years.
Notably, Motilal Oswal Financial Services distributes dividends to its investors, with a yield of 1.25% per year. However, it has previously diluted the holdings of its shareholders by 0.5% over the past three years, returning Rs. 8.5 dividend per share in the last 12 months.