Motilal Oswal Financial Services

    MOTILALOFS
    NBFC
    ₹925.80
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹55,824 Cr

    P/E
    28.70
    Day range
    ₹911.55 – ₹983.10
    52-week range
    ₹614.90 – ₹1,097.10
    Volume
    10.28 L
    Open
    ₹983.10
    Prev close
    ₹977.00

    Latest results · Q1 FY27(consolidated)Revenue ₹3,426 Cr+25.2%Profit ₹1,274 Cr+9.5%Margin 37.2%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of MOTILALOFS (775 shares)

    Research profile

    Composite 42 / 100

    Factor percentiles

    Value37
    Quality42
    Momentum71
    Low volatility19

    Derived metrics

    Earn. yield
    3.5%
    Graham no.
    ₹397.59
    vs Graham
    -57.1%
    ROE ÷ P/B
    3.6%
    12-1 mom.
    +0.8%
    Return / vol
    -0.19
    Piotroski
    1/6
    FCF yield
    -11.0%

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 68 in NBFC
    Largest NBFC companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Bajaj FinanceBAJFINANCE₹5.78 L Cr26.674.7618.4%10.9%—4.08+22.8%
    National Stock Exchange of IndiaNSE₹4.13 L Cr39.37—33.0%41.0%78.0%0.01—
    Bajaj FinservBAJAJFINSV₹2.65 L Cr26.273.4526.2%11.0%41.0%5.52+19.1%
    Shriram FinanceSHRIRAMFIN₹2.04 L Cr14.421.8216.4%11.5%—2.12+15.8%
    Jio Financial ServicesJIOFIN₹1.35 L Cr77.961.051.2%2.0%63.0%0.32+73.2%
    BSE LtdBSE₹1.31 L Cr47.0019.9144.8%60.0%67.0%0.00+63.5%
    ICICI Prudential Asset Management CompanyICICIAMC₹1.31 L Cr37.6725.1985.8%115.0%73.0%0.00+16.3%
    Motilal Oswal Financial ServicesMOTILALOFS₹55,824 Cr28.704.3315.6%13.0%57.0%1.65+25.2%
    Sector median₹26,914 Cr20.192.7115.3%11.4%54.0%1.74+20.3%

    Sector as classified in the tracked universe; medians use every tracked NBFC company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 7d ago

    Headlines about Motilal Oswal Financial Services from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    28.2
    EPS (TTM)
    ₹32.27
    Price / Book
    4.33
    ROE (FY26)
    15.6%
    ROCE (latest year)
    13%
    Dividend yield
    0.65%

    Moving averages (NSE)

    20-day
    ₹1,021.59
    Price below
    50-day
    ₹1,007.21
    Price below
    200-day
    ₹870.28
    Price above

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +30.9%
    Profit 3Y CAGR
    +26.0%
    Revenue YoY (Jun 2026)
    +25.2%
    Profit YoY (Jun 2026)
    +9.5%
    Operating margin
    57.0%
    Net margin
    37.2%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    -1K Cr0 Cr1K Cr2K Cr3K Cr4K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%35%70%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • Public
    • DII
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-10K Cr-5K Cr0 Cr5K Cr10K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%40%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr10K Cr20K Cr30K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x2x4x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 10 Jun 2024: earlier bars are per pre-bonus share.

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26₹0₹5₹10₹15₹20

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales1,6551,7912,1542,3142,8411,9931,1902,7371,8492,1122,6763,426
    Expenses7407039169261,0259329101,0181,0091,0062,4711,456
    Operating Profit9151,0891,2381,3881,8161,0612801,7208401,1052051,970
    OPM %55%61%57%60%64%53%24%63%45%52%8%57%
    Other Income1618191526187118166
    Interest241262302327354319298295317336388414
    Depreciation172424222327262628292828
    Profit before tax6588099301,0591,454741-271,406506748-1941,534
    Tax %19%18%22%17%23%24%137%18%28%24%13%17%
    Net Profit5326617258841,122566-631,163363566-2191,274
    EPS in Rs₹8.96₹11.11₹12.13₹14.77₹18.71₹9.42₹-1.08₹19.38₹6.04₹9.42₹-3.68₹21.14

    From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days158

    +66 days since Mar 2021

    Inventory Days0
    Cash Conversion Cycle158

    +66 days since Mar 2021

    Working Capital Days-147

    +59 days since Mar 2021

    Strengths, risks & growth

    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]

    Strengths

    • Company is expected to give good quarter
    • Company's median sales growth is 18.2% of last 10 years

    Risks

    • Promoter holding has decreased over last quarter: -0.50%
    • Company has high debtors of 158 days.

    Compounded Sales Growth

    10 Years
    +24%
    5 Years
    +21%
    3 Years
    +31%
    TTM
    +15%

    Compounded Profit Growth

    10 Years
    +27%
    5 Years
    +7%
    3 Years
    +26%
    TTM
    -29%

    Stock Price CAGR

    10 Years
    +20%
    5 Years
    +33%
    3 Years
    +57%
    1 Year
    -11%

    Return on Equity

    10 Years
    +22%
    5 Years
    +22%
    3 Years
    +23%
    Last Year
    +16%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter67.62%67.54%67.20%66.70%-0.50 pp
    FII6.93%7.03%6.86%6.71%-0.15 pp
    DII6.42%6.02%6.78%7.27%+0.49 pp
    Public19.02%19.40%19.15%19.29%+0.14 pp

    Filed with NSE for Sept 2026: promoters 66.71%, public 33.29% · XBRL filing

    Analysts & fund holdings

    100%
    100% recommend buy
    5 analysts cover the stock
    Valuation vs Diversified Financial Services
    P/E28.7 vs 16.4
    Sector P/B2.12
    Beta0.68

    Who holds the shares, quarter by quarter

    Mutual funds 5.39% (-0.08 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters66.7%
    • Foreign institutions6.7%
    • Mutual funds5.4%
    • Insurance0.9%
    • Other domestic institutions1.0%
    • Retail7.4%
    • Others11.9%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Kotak Large & Mid Cap Fund0.84%1.76%+0.11 pp
    Tata Value Fund0.69%5.31%+0.30 pp
    HSBC Small Cap Fund0.44%1.52%+0.01 pp
    Sundaram Mid Cap Fund0.32%1.45%+0.22 pp
    HDFC Large & Mid Cap Fund0.29%0.65%+0.04 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    39.5%
    Downside volatility
    35.9%
    Worst 5% of days
    4.0%
    Average of that tail
    5.2%
    Max drawdown (1Y)
    42.4%
    Below its peak
    15.2%

    Against the market

    Beta vs Nifty 50
    1.77
    Correlation
    0.60
    Relative strength (3M)
    +3.8%
    ATR (14)
    4.2%

    Return

    Return 1M
    -8.1%
    Return 3M
    -1.5%
    Return 6M
    +14.1%
    Return 1Y
    -7.3%
    vs 200-day average
    +6.4%

    Momentum

    RSI (14)
    35.7
    MACD histogram
    -12.51
    Stochastic %K
    8.0
    ADX (14)
    19.1
    +DI / −DI
    16.5 / 32.9
    Money flow index
    55.5

    Participation

    Delivery (20d avg)
    40.1%
    vs its 60-day baseline
    -1.1 pts
    Volume vs 20-day
    +0.1σ
    Close vs day's VWAP
    -0.2%
    52-week position
    64 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    1 of 6 tested

    • Return on assets positive — failed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — failed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — failed
    • Asset turnover improving — passed
    Free cash flow
    -₹6,160 Cr
    FCF yield
    -11.0%
    Cash conversion
    -3.24
    Accruals ratio
    0.183
    Net debt
    ₹16,094 Cr
    Net debt / equity
    1.25
    EV / sales
    7.15
    Capex intensity
    0.9%
    Revenue CAGR
    121.4%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹6.00

      Interim Dividend - Rs 6 Per Share

      30 Jan 2026
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Sh

      31 Jan 2025
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 3:1

      10 Jun 2024
      ex-date
    • dividend
      ₹14.00

      Interim Dividend - Rs 14 Per Share

      6 Feb 2024
      ex-date
    • dividend
      ₹3.00

      Dividend - Rs 3 Per Share

      4 Jul 2023
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7 Per Share

      3 Feb 2023
      ex-date
    • dividend
      ₹3.00

      Dividend - Rs 3 Per Share

      1 Jul 2022
      ex-date
    • buyback
      Not available — not reported in this filing

      Buyback

      26 May 2022
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7 Per Share

      3 Feb 2022
      ex-date
    • dividend
      ₹5.00

      Dividend - Rs 5 Per Share

      2 Aug 2021
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      8 Feb 2021
      ex-date
    • dividend
      ₹4.00

      Interim Dividend-Rs 4 Per Share

      31 Jan 2020
      ex-date
    • dividend
      ₹4.50

      Dividend - Rs 4.50 Per Sh

      24 Jul 2019
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      25 Jan 2019
      ex-date
    • dividend
      ₹4.50

      Dividend- Rs 4.50 Per Share

      19 Sept 2018
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      5 Feb 2018
      ex-date
    • dividend
      ₹3.00

      Dividend - Rs 3 Per Share

      20 Jul 2017
      ex-date
    • dividend
      ₹2.50

      Interim Dividend Rs 2.50 Per Share

      8 Feb 2017
      ex-date
    • dividend
      ₹1.50

      Interim Dividend - Rs 1.50/- Per Share

      22 Mar 2016
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2/- Per Share

      11 Feb 2016
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    We hereby inform the Exchanges that the Company will hold Earnings Conference Call with Investor(s)/Analyst(s) on Friday, October 30, 2026 at 12:00 noon to discuss financial performance ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    We hereby inform the Exchanges that the Company will hold Earnings Conference Call with Investor(s)/Analyst(s) on Friday, October 30, 2026 at 12:00 noon to discuss financial performance ....

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Considering And Approving Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Half Year Ended September 30, 2026 And Other Matters

    Motilal Oswal Financial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2026 ,inter alia, to consider and approve 1. Unaudited ....

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    We hereby enclosing herewith a copy of confirmation certificate dated October 03, 2026 received from MUFG India Private Limited, the Registrar to an Issue and Share Transfer Agent of the ....

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    We wish to inform the Exchanges that the Finance Committee ('the Committee') of the Board of Directors ('the Board') of the Company at its Meeting held on Wednesday, September 30, 2026 ....

    Company Update
    Announcement under Regulation 30 (LODR)-Issue of Securities

    We wish to inform you that the Finance Committee ('the Committee') of the Board of Directors ('the Board') of Motilal Oswal Financial Services Limited ('the Company') at its Meeting held ....

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    We wish to inform the Exchanges that Motilal Oswal Custodial Services Private Limited ("MOCSPL"), Wholly-Owned Subsidiary of Motilal Oswal Financial Services Limited ("the Company"), has ....

    Company Update
    Receipt Of Approval From The SEBI To Act As A Custodian Of Securities - Motilal Oswal Custodial Services Private Limited, Wholly-Owned Subsidiary Of The Company

    We wish to inform the Exchanges that Motilal Oswal Custodial Services Private Limited ("MOCSPL"), Wholly-Owned Subsidiary of Motilal Oswal Financial Services Limited ("the Company"), has ....

    Company Update
    Fund Raising By Way Of Issuance Of Non-Convertible Debentures

    We wish to inform the Exchanges that the Meeting of the Finance Committee of the Board of Directors of the Company will be held on Thursday, September 24, 2026, inter-alia, to consider ....

    Insider Trading / SAST
    Closure of Trading Window

    The Trading Window for dealing in Securities of the Company will be closed from Thursday, October 01, 2026 for the consideration and approval of the Unaudited Financial Results of the Company ....

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Press release issued by the Company wherein India Ratings and Research Private Limited ("India Ratings") has upgraded the long-term rating of various instrument(s) of Motilal Oswal Financial ....

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    We wish to inform the Exchange that the Finance Committee ('the Committee') of the Board of Directors ('the Board') of the Company at its Meeting held on Wednesday, September 16, 2026 has, ....

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    We wish to inform the Exchange that the Finance Committee ('the Committee') of the Board of Directors ('the Board') of the Company at its Meeting held on Wednesday, September 16, 2026 has, ....

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    We wish to inform the Exchange that India Ratings & Research Private Limited ('India Ratings') has upgraded the long-term rating to 'IND AA+/Stable' from 'IND AA/Positive' for various instrument(s) ....

    Company Update
    Announcement under Regulation 30 (LODR)-Issue of Securities

    Motilal Oswal Financial Services Limited has informed the Exchange about issue of Securitie

    Filed with BSE (scrip 532892); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Buyback

      Motilal Oswal Financial Services Limited

      20 May 2022
      Read on SEBI
    • Buyback

      Motilal Oswal Financial Services Limited

      14 Oct 2020
      Read on SEBI
    • Buyback - Buyback offer

      Motilal Oswal Financial Services Limited - Buyback offer

      13 Jun 2014
      Read on SEBI
    • Buyback - Public Announcement

      Motilal Oswal Financial Services Limited - Public Announcement

      26 Jun 2013
      Read on SEBI

    Regulatory orders

    • Settlement order

      Settlement Order in respect of Motilal Oswal Financial Services Limited in the matter of suspected front running of trades of big client by Chaturvedi Group

      18 Sept 2025
      Read on SEBI
    • Adjudication order

      Adjudication Order in the matter of Motilal Oswal Financial Services Limited

      12 Aug 2025
      Read on SEBI
    • Adjudication order

      Adjudication Order in the matter of Motilal Oswal Financial Services Ltd.

      9 Jun 2025
      Read on SEBI
    • Order

      Order in the matter of Motilal Oswal Financial Services Ltd v. SEBI and Ors. (Writ Petition No. 3658 of 2022)

      11 Feb 2025
      Read on SEBI
    • Adjudication order

      Adjudication Order in the matter of Motilal Oswal Financial Services Limited

      30 Jan 2025
      Read on SEBI

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 23 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Motilal Oswal Financial Services: common questions

    Answered from the figures on this page.

    Motilal Oswal Financial Services last traded at ₹925.80 (NSE, as of 25 Oct 2026). The last session moved it down 5.24%.

    Motilal Oswal Financial Services is valued at about ₹55,824 crore (NSE, as of 25 Oct 2026).

    Motilal Oswal Financial Services trades at a price-to-earnings ratio of 28.70 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Motilal Oswal Financial Services has traded between ₹614.90 and ₹1,097.10 over the past 52 weeks, to 25 Oct 2026. It is currently 64% of the way up that range.

    Motilal Oswal Financial Services (MOTILALOFS) is classified under NBFC on this site's screener.