| Revenue growth | Asset/Wealth revenue share rose to 66% from 55% YoY. |
|---|---|
| Margins | Asset/Wealth segments contributing higher share to overall profitability mix. |
| Demand visibility | Strong retail inflows; SIP flows at ₹4,170 Cr with 4.4% market-share. |
| Management confidence | High, emphasizing structural shift towards annuity-style revenue over transaction broking. |
Growth
PAT grew 29% YoY to ₹718 Cr; Asset Management AUM reached ₹2.23 lakh Cr, up 32% over 5 years.
Outlook
Targets operation of new custodian business by Q4 FY27; AUM growth momentum expected to continue.
Risks
Regulatory changes in broking and flat markets remain headwinds despite core segment resilience.
Last quarter's promises, checked
Delivered
- Guided AUM momentum from ~₹1.9 lakh Cr → ₹2.23 lakh Cr (= BEAT)
- Guided Asset+PW share of op. PAT to keep rising from 55% → 58% (= BEAT)
Partly delivered
- Guided commercial RE fund launch in H2 FY27 → launched, timing not stated (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: MOTILALOFS. Summary written with AI assistance from the document.
Motilal Oswal Financial Services Ltd: key numbers
- Share price
- ₹941.95
- Market cap
- ₹56,797 Cr
- Revenue (annual)
- ₹9,374 Cr
- Net profit (annual)
- ₹1,869 Cr
- P/E (TTM)
- 21.1×Sector 19.1×
- Promoter holding
- 66.71%-0.49% QoQ
- FII holding
- 6.71%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Motilal Oswal Financial Services Ltd
All →Motilal Oswal Financial Services Debt & Borrowing: ₹1.1 Cr
Motilal Oswal Financial Services paid Rs. 72.48 lakh and Rs. 37.17 lakh interest on Series V and VII secured NCDs on October 30, 2026. Payment was made on the actual date, with no reason for delay.
- Value
- ₹1.10 Cr
Motilal Oswal Financial Services Other Announcement
Motilal Oswal Financial Services certifies utilisation of proceeds from listed Commercial Papers issued in the quarter ended September 30, 2026, and adherence to listing conditions. This is a periodic regulatory compliance certificate.
Motilal Oswal Financial Services Management Change
Motilal Oswal Financial Services appointed Janak Dalal as Senior Management Personnel, effective October 29, 2026. He brings about three decades of custody and investment banking experience.
Motilal Oswal Financial Services Employee Stock Options
Motilal Oswal Financial Services granted 2,20,000 stock options to eligible employees under its ESOP Scheme X. No exercise price or monetary value is disclosed.
Motilal Oswal Financial Services Investor Presentation: Key Takeaways
Q2FY27 Operating PAT ₹718 Cr (+29% YoY); H1FY27 Total PAT ₹2,583 Cr (+51%). Asset Management now largest profit contributor at 43%; ARR 66% of revenue.
- Call
- Guides 20% growth
Motilal Oswal Financial Services Results Update
Motilal Oswal reported Q2FY27 Operating PAT of Rs 718 Crore, up 29% YoY. Record H1 Total PAT was Rs 2,583 Crore, up 51%.