| Management target | Net Profit 20.0% |
|---|
| Revenue growth | Net revenue +20% YoY to ₹1,757 Cr |
|---|---|
| Margins | Group PBT margin 53% vs 51% YoY |
| Order book | 41 deals, ₹99,000 Cr+ issue size in H1FY27; strong pipeline |
| Demand visibility | ARR 66% of revenue; ARR assets ₹3.2 lakh Cr, +26% YoY |
| Management confidence | CEO: 'well placed to deliver strong growth ahead' |
Growth
Q2 net revenue ₹1,757 Cr, +20% YoY. Asset & PWM PAT +43%; Wealth Mgmt +3%; Capital Markets -5%.
Outlook
Targets 20%+ Operating PAT growth and 20%+ ROE, no year specified. Custody operations start Q4FY27. Treasury book growth planned.
Risks
Broking headwinds from regulation and flat markets over eight quarters. Lower treasury MTM gains cut Total PAT 29% QoQ.
Last quarter's promises, checked
Delivered
- Guided Group PBT margin 50-52% sustained → delivered 53% (= BEAT)
- Guided Asset Mgmt share of op PAT 40% and rising → delivered 43% (= BEAT)
Partly delivered
- Guided annuity revenue share above 66% and rising → delivered 66%, flat (= PARTIAL)
Missed
- Guided Capital Markets strong YoY growth on signed mandates → Capital Markets -5% (= MISS)
Investor Presentation filed with NSE, NSE: MOTILALOFS. Summary written with AI assistance from the document.
Motilal Oswal Financial Services Ltd: key numbers
- Share price
- ₹986.10
- Market cap
- ₹59,460 Cr
- Revenue (annual)
- ₹9,374 Cr
- Net profit (annual)
- ₹1,869 Cr
- P/E (TTM)
- 30.0×Sector 19.7×
- 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 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 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%.
Motilal Oswal Financial Services Financial Results
Motilal Oswal Financial Services approved unaudited Q2 and H1 FY27 results. It also approved an NCD issuance ceiling of Rs.3,000 Crore.
Motilal Oswal Financial Services Debt & Borrowing: ₹5.43 Cr
Motilal Oswal Financial Services paid Rs. 5.43 Crore interest on its Series (2026-27)/2 secured NCDs on time. The payment is routine debt servicing with no reported non-payment.
- Value
- ₹5.43 Cr