ICRA

Motilal Oswal Financial Services shares gained 3.26% after the company said that its board will meet on Friday, 26 April 2024, to consider a proposal for declaration of bonus equity shares. At the same meeting, the company's board will also consider and approve the audited financial results (standalone & consolidated) for the quarter and the year ended on 31 March 2024.

Motilal Oswal edges higher on bonus share issue proposal

In the corresponding quarter, Motilal Oswal Financial Services posted a net profit of ₹526.1 crore, the company said in a regulatory filing. Revenue from operations jumped 54% to ₹2,312.3 crore against ₹1,501.5 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA jumped 66.4% to ₹1,392.7 crore in the first quarter of this fiscal over ₹837.2 crore in Q1 of FY24. The EBITDA margin stood at 60.2% in the reporting quarter versus 55.8% in the corresponding period in the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation. Motilal Oswal Financial Services' net revenue for wealth management grew by 42% YoY to ₹530 crore. Profit after tax (PAT) saw an increase of 69%, reaching ₹177 crore. Total assets under advice surged by 105% over the same period in the previous fiscal to ₹2,65,113 crore. Distribution assets under management (AUM) grew by 42% YoY, standing at ₹26,171 crore as of June 30, 2024, while distribution net sales grew to ₹1,449 crore. The company's cash market share also increased by 186 basis points on year, reaching 8% in Q1 FY25.

Motilal Oswal Financial Services Q1 Results | Net profit, revenue shoot up; AUM surges 70%

Motilal Oswal Financial Services Ltd (MOFSL) reported a consolidated net profit of ₹1,162.06 crore for the first quarter of financial year 2025-26 (Q1 FY26), marking a 31.7 per cent increase over ₹881.89 crore in the same period last year. The firm also swung back to profitability from a ₹64.77 crore loss in the previous quarter. The performance was driven by strong growth across its asset management, private wealth management, and capital markets businesses, the company said in an exchange filing.

Motilal Oswal Q1 result: Profit rises 32% to ₹1,162 crore, revenue up 18%

GNPAs improved to 0.8% in FY2025 Non-retail loans form 15% of the book, with high state-level concentration. Capital market exposure (~₹7,337 crore) poses risk, but strong business performance and capital buffers offer support.

Regulatory changes and taxes hit profitability, especially for discount brokers. Intense competition adds pressure. Tech glitches pose risks, as seen with MOFSL in FY2025. Rising financialisation offers growth opportunities.

The issuer has made timely interest payments.

Motilal Oswal, MD and CEO

Motilal Oswal Group has a strong track record in capital market businesses, including broking, wealth and asset management, lending, and investment banking. With over 30 years in equity broking, it operates across 2,500+ locations with 9,100+ wealth managers.

Motilal Oswal Group reported a robust FY2025 PBT of ₹1,936 crore (ex-MTM/one-offs), up from ₹1,568 crore in FY2024. Net profit stood at ₹2,508 crore (₹2,446 crore in FY2024) with 25% RoE.


MOFSL’s net worth stood at ₹11,131 crore with a reduced gearing of 1.3x as of March 31, 2025,  aided by strong earnings. While a large portion of net worth is in market-linked investments, adjusted gearing stays satisfactory.

Security Name: 9.10% Motilal Oswal Financial Services Limited 09 May 2027

ISIN: INE338I07149

YOUR EARNING

YOUR RISK

Repayment Priority

Security with Collateral?

LIQUIDITY INDICATOR #

ISSUER

Recent News

Related Videos

STEPS TO BUY THIS BOND

Information required for KYC

How to exit the investment?