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Quarterly Result30 Oct 2025, 05:51 pm

Motilal Oswal Financial Services Ltd. Reports Highest-Ever Operating PAT of 3554 Cr in Q2FY26, Grows 11% in 1HFY26

AI Summary

Motilal Oswal Financial Services Ltd. (MOFSL) reported its highest-ever operating PAT of 3554 Cr in Q2FY26 and grew 11% in 1HFY26 to Rs 1,088 Cr. The growth was driven by strong performance in Asset Management, Private Wealth and Capital Markets. MOFSL’s Operating PAT grew by 31% CAGR in the last decade. The company’s net worth has grown nearly 10x from Mar’15 to Sept’25 to Rs 12,871 Cr led by an average ROE of 22% and an average payout of 20% without any external capital raise and after executing 3 buybacks.

Key Highlights

  • Asset Management PAT grew 46% YoY to 2180 Cr, Total AUM stood at 21.77 lakh Cr, up 46% YoY, driven by stellar Mutual Fund AUM growth of 57%.
  • Private Wealth Management PAT grew 23% YoY to 110 Cr, Net Sales grew 3x in Q2FY26 to 27,358 Cr, AUM up 19% YoY to 21.87 lakh Cr.
  • Capital Markets PAT grew 24% YoY to 290 Cr, Ranked #1 across IPOs, QIPs, and Rights Issues in H1.
  • Housing Finance PAT grew 27% to 234 Cr, Disbursement growth of 48% YoY to Rs 544 Cr, AUM grew 24% YOY to Rs. 5,236 Cr.
  • ICRA upgrades long-term rating to AA+ (Stable) from AA (positive); highest ever rating to any capital markets company.
MOTILALOFS
Stockbroking & Allied
MOTILAL OSWAL FINANCIAL SERVICES LTD.

Price Impact