Motilal Oswal Financial Services Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.5%)
Concerns
- Elevated debt levels (D/E 1.6x)
Today's Price Action
The stock closed at ₹968, matching the prior close with zero percent change. Trading volume recorded 4,49,505 shares, identical to the 20‑day average, indicating neutral participation and no evident shift in market enthusiasm. The stability suggests traders await fresh catalysts.
Valuation Snapshot
The trailing P/E stands at 28.2, comparable to the broader financial services segment where the aggregate P/E is not disclosed. A price‑to‑book ratio of 0.9 combined with a return on equity of 15.5 % reflects a respectable earnings yield relative to its balance sheet. The ROE exceeds many brokers.
Key Levels to Watch
The current price sits roughly 35 % above the 52‑week low of ₹615 and about 12 % below the 52‑week high of ₹1,097, suggesting limited upside within the annual range. Open‑interest clusters observed around the ₹950–₹980 band may act as short‑term support or resistance zones pending further flow. A break above ₹1,000 could test next resistance.
Chart Pattern
In the daily candlestick series, a bullish Morning Star appeared two sessions ago, preceded by a hammer formation seven sessions earlier, while a three‑black‑crows pattern emerged eight sessions ago. These formations illustrate a transition from short‑term downside pressure to a potential reversal phase on the daily timeframe. The sequence underscores a shift in sentiment.
Data Summary
Key metrics show a market capitalisation reported as zero crore, a P/E of 28.2, and a P/B of 0.9. Volume aligns with the 20‑day average, and the stock trades within a mid‑range corridor of its yearly extremes. No dividend yield is declared, and the share count remains unchanged. Liquidity remains adequate.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MOTILALOFS · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 69.39% | 69.16% | 69.04% | 68.86% | 68.71% | 68.45% |
| FII | 6.48% | 6.73% | 6.46% | 6.34% | 5.88% | 6.01% |
| DII | 6.76% | 6.94% | 6.06% | 6.41% | 6.39% | 5.71% |
| Public | 17.36% | 17.16% | 18.42% | 18.39% | 19.01% | 19.83% |
Corporate Events
Motilal Oswal Financial Services Ltd has informed that the meeting of the Board of Directors of the Company is scheduled on 29/10/2026 ,inter alia, to consider and approve Unaudited Financial Results (Standalone & Consolidated) of the Company for the qua
To consider and approve the financial results for the period ended Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026 and other business matters
Interim Dividend - Rs 6 Per Share
Record: 30 Jan 2026
Interim Dividend - Rs 5 Per Sh
Record: 31 Jan 2025
Bonus 3:1
Interim Dividend - Rs 14 Per Share
Dividend - Rs 3 Per Share
Latest News
All newsCorporate profits as % of GDP hit record high: MOFSL
*Corporate profits as a percentage of GDP have reached an all-time high, according to Motilal Oswal Financial Services Ltd.* This suggests **strong earnings momentum** despite stagnant nominal GDP growth. The divergence highlights improved corporate profitability at a macro level. Elevated profit shares may attract investor interest in Indian equities. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #GDP
Bharat Dynamics falls 8% on weak Q4 results, target cut
*Bharat Dynamics falls 8% on weak Q4 results, target cut* — Shares dropped sharply after Q4 earnings missed analyst expectations. Motilal Oswal downgraded the stock, cutting its target price due to lower margins and order delays. The underperformance raises concerns about near-term profitability and execution. 📊 *STOCKS:* BHARATDIA | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #earnings
Motilal Oswal upgrades BSE to 'Buy', stock jumps 4%
*Motilal Oswal upgrades BSE to 'Buy', stock jumps 4%*. The brokerage raised its rating citing strong revenue visibility and high dividend yield. BSE shares rallied **4%** on the back of the upgrade. Valuation remains attractive at **14x P/E** despite recent gains. 📊 *STOCKS:* $BSE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #BrokerUpgrade
Motilal Oswal sees 19% upside in L&T stock
*Motilal Oswal sees 19% upside in L&T stock* after its **114% return over 5 years**. The brokerage maintains a positive outlook, citing strong order inflows and execution performance. Target price suggests further gains ahead. 📊 *STOCKS:* $LT | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #BrokerCall
₹1.86 trillion national grid expansion plan unveiled
*₹1.86 trillion national grid expansion plan unveiled* aims to boost transmission infrastructure across India. Motilal Oswal identifies Power Grid, Adani Energy, and Torrent Power as key beneficiaries. The plan includes **₹1.86 trillion** investment in grid development over the next few years, enhancing capacity and reliability. This move supports long-term growth in the power sector. 📊 *STOCKS:* $POWERGRID $ADANIENERGY $TORRENTPOWER | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #PowerGrid
Motilal Oswal Financial upgraded by India Ratings
*Motilal Oswal Financial Services upgraded by India Ratings.* The rating agency cited improved earnings visibility and stable asset quality. Stock reacted positively, rising **4.2%** in early trade. The move reflects strengthening financial fundamentals and market positioning. 📊 *STOCKS:* $MOTILALOFS | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #upgrade
Motilal Oswal picks ICICI Bank, SBI among top 4 stocks
*Motilal Oswal highlights 4 stocks to watch, with ICICI Bank and SBI among top picks.* The brokerage sees strong fundamentals and growth potential in these banking majors. Key factors include **15-20% upside** potential and healthy earnings visibility. Focus remains on valuation comfort and sectoral tailwinds. 📊 *STOCKS:* ICICIBANK, SBIN | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #BrokerCall
FCNR inflows hit record; Motilal picks 4 bank stocks
*FCNR inflows hit record; Motilal picks 4 bank stocks* as foreign currency deposits surge, boosting banks' lending capacity. Motilal Oswal recommends SBIN, ICICIBANK, KOTAKBANK, and BANKBARODA due to strong FCNR inflows and improving NIMs. Record **$18.5 billion** in FCNR deposits offer stability and low-cost funding. Banks may see improved margins and credit growth in coming quarters. 📊 *STOCKS:* SBIN ICICIBANK KOTAKBANK BANKBARODA | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Banking
Motilal Oswal gives BUY call on Adani Power with 20% upside
*Motilal Oswal has initiated a BUY rating on Adani Power with a target price of **₹320**, implying **20% upside** from current levels.* The brokerage cited strong operational performance and improved coal supply as key drivers. Valuations remain attractive despite recent stock run-up. 📊 *STOCKS:* $ADANIPOWER | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #BrokerUpgrade
Indian banks strongest in a decade, says Motilal Oswal
*Indian banks are in their best financial shape in ten years*, driven by strong credit growth and improved asset quality, according to Motilal Oswal. Gross NPA ratios have fallen to **3.6%**, the lowest in a decade, while credit growth stands at **14-15%**. Capital buffers are robust, enabling sustainable lending expansion. 📊 *STOCKS:* | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Banking
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.1K Cr 14.2% | ₹1.8K Cr 32.4% | ₹2.7K Cr 130.0% | ₹1.2K Cr 40.3% | ₹2.0K Cr 29.8% | ₹2.8K Cr 22.8% | ₹2.3K Cr 7.4% | ₹2.2K Cr |
| Op. Profit | ₹1.1K Cr 31.5% | ₹840 Cr 51.2% | ₹1.7K Cr 514.3% | ₹280 Cr 73.6% | ₹1.1K Cr 41.6% | ₹1.8K Cr 30.8% | ₹1.4K Cr 12.1% | ₹1.2K Cr |
| OPM | 52.0% 15.6% | 45.0% 28.6% | 63.0% 162.5% | 24.0% 54.7% | 53.0% 17.2% | 64.0% 6.7% | 60.0% 5.3% | 57.0% |
| Net Profit | ₹566 Cr 55.9% | ₹363 Cr 68.8% | ₹1.2K Cr 1946.0% | ₹-63 Cr 111.1% | ₹566 Cr 49.6% | ₹1.1K Cr 26.9% | ₹884 Cr 21.9% | ₹725 Cr |
| EPS (₹) | 9.42 56.0% | 6.04 68.8% | 19.38 1894.4% | -1.08 111.5% | 9.42 49.7% | 18.71 26.7% | 14.77 21.8% | 12.13 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹9.4K Cr 12.5% | ₹8.3K Cr 18.0% | ₹7.1K Cr 69.2% | ₹4.2K Cr 2.8% | ₹4.3K Cr 18.5% | ₹3.6K Cr 53.8% | ₹2.4K Cr 3.8% | ₹2.5K Cr 10.9% | ₹2.8K Cr 43.1% | ₹1.9K Cr |
| Expenses | ₹5.5K Cr 45.1% | ₹3.8K Cr 26.4% | ₹3.0K Cr 30.5% | ₹2.3K Cr 5.6% | ₹2.2K Cr 35.3% | ₹1.6K Cr 4.1% | ₹1.5K Cr 0.2% | ₹1.5K Cr 13.7% | ₹1.4K Cr 48.3% | ₹915 Cr |
| Op. Profit | ₹3.9K Cr 14.7% | ₹4.5K Cr 11.8% | ₹4.1K Cr 116.7% | ₹1.9K Cr 11.5% | ₹2.1K Cr 5.2% | ₹2.0K Cr 148.3% | ₹812 Cr 10.5% | ₹907 Cr 34.9% | ₹1.4K Cr 38.3% | ₹1.0K Cr |
| OPM | 41.0% 25.5% | 55.0% 5.2% | 58.0% 28.9% | 45.0% 8.2% | 49.0% 12.5% | 56.0% 64.7% | 34.0% 8.1% | 37.0% 27.5% | 51.0% 1.9% | 52.0% |
| Other Income | ₹42 Cr 46.2% | ₹78 Cr 27.9% | ₹61 Cr 221.1% | ₹19 Cr 13.6% | ₹22 Cr 127.5% | ₹-80 Cr 1100.0% | ₹8 Cr 33.3% | ₹12 Cr 1100.0% | ₹1 Cr 103.7% | ₹-27 Cr |
| Interest | ₹1.3K Cr 2.9% | ₹1.3K Cr 28.0% | ₹1.0K Cr 70.1% | ₹596 Cr 24.7% | ₹478 Cr 11.2% | ₹430 Cr 13.0% | ₹494 Cr 4.4% | ₹517 Cr 2.1% | ₹528 Cr 19.5% | ₹442 Cr |
| Depreciation | ₹111 Cr 12.1% | ₹99 Cr 19.3% | ₹83 Cr 43.1% | ₹58 Cr 20.8% | ₹48 Cr 0.0% | ₹48 Cr 20.0% | ₹40 Cr 66.7% | ₹24 Cr 35.1% | ₹37 Cr 12.1% | ₹33 Cr |
| PBT | ₹2.5K Cr 23.4% | ₹3.2K Cr 6.4% | ₹3.0K Cr 144.1% | ₹1.2K Cr 23.1% | ₹1.6K Cr 10.8% | ₹1.5K Cr 411.6% | ₹285 Cr 24.6% | ₹378 Cr 54.4% | ₹829 Cr 63.8% | ₹506 Cr |
| Tax % | 24.0% 9.1% | 22.0% 15.8% | 19.0% 24.0% | 25.0% 31.6% | 19.0% 5.6% | 18.0% 25.0% | 24.0% 4.0% | 25.0% 0.0% | 25.0% 10.7% | 28.0% |
| Net Profit | ₹1.9K Cr 25.4% | ₹2.5K Cr 2.5% | ₹2.4K Cr 161.6% | ₹935 Cr 28.7% | ₹1.3K Cr 3.7% | ₹1.3K Cr 565.8% | ₹190 Cr 36.2% | ₹298 Cr 52.8% | ₹632 Cr 70.4% | ₹371 Cr |
| EPS (₹) | 31.06 25.6% | 41.74 1.9% | 40.96 160.2% | 15.74 28.4% | 21.97 2.2% | 21.49 593.2% | 3.1 38.5% | 5.04 53.0% | 10.72 72.1% | 6.23 |
| Div Payout | 19.0% 58.3% | 12.0% 33.3% | 9.0% 43.8% | 16.0% 45.5% | 11.0% 8.3% | 12.0% 62.5% | 32.0% 23.8% | 42.0% 110.0% | 20.0% 9.1% | 22.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹60 Cr 0.0% | ₹60 Cr 300.0% | ₹15 Cr 0.0% | ₹15 Cr 0.0% | ₹15 Cr 0.0% | ₹15 Cr 0.0% | ₹15 Cr 0.0% | ₹15 Cr 0.0% | ₹15 Cr 7.1% | ₹14 Cr |
| Reserves | ₹12.8K Cr 16.3% | ₹11.0K Cr 26.4% | ₹8.7K Cr 39.8% | ₹6.2K Cr 10.2% | ₹5.7K Cr 27.3% | ₹4.4K Cr 44.8% | ₹3.1K Cr 1.1% | ₹3.0K Cr 5.9% | ₹2.9K Cr 62.0% | ₹1.8K Cr |
| Borrowings | ₹15.7K Cr 6.5% | ₹14.7K Cr 6.9% | ₹13.8K Cr 34.1% | ₹10.3K Cr 67.1% | ₹6.2K Cr 8.1% | ₹5.7K Cr 23.0% | ₹4.6K Cr 10.3% | ₹5.2K Cr 3.1% | ₹5.3K Cr 5.1% | ₹5.1K Cr |
| Other Liabilities | ₹7.1K Cr 12.9% | ₹8.1K Cr 12.4% | ₹9.3K Cr 44.1% | ₹6.4K Cr 27.5% | ₹5.0K Cr 29.5% | ₹3.9K Cr 64.0% | ₹2.4K Cr 10.3% | ₹2.1K Cr 2.4% | ₹2.2K Cr 38.8% | ₹1.6K Cr |
| Total Liabilities | ₹35.6K Cr 5.0% | ₹33.9K Cr 6.8% | ₹31.8K Cr 38.4% | ₹22.9K Cr 36.1% | ₹16.9K Cr 20.1% | ₹14.0K Cr 39.2% | ₹10.1K Cr 2.7% | ₹10.4K Cr 0.5% | ₹10.4K Cr 23.4% | ₹8.4K Cr |
Assets | ||||||||||
| Fixed Assets | ₹768 Cr 1.9% | ₹754 Cr 25.0% | ₹603 Cr 29.4% | ₹466 Cr 30.5% | ₹357 Cr 2.0% | ₹350 Cr 5.1% | ₹333 Cr 10.3% | ₹302 Cr 0.7% | ₹300 Cr 2.0% | ₹294 Cr |
| CWIP | ₹116 Cr 0.9% | ₹115 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹10.8K Cr 22.4% | ₹8.9K Cr 36.1% | ₹6.5K Cr 35.8% | ₹4.8K Cr 2.2% | ₹4.7K Cr 19.5% | ₹3.9K Cr 27.0% | ₹3.1K Cr 15.0% | ₹2.7K Cr 4.3% | ₹2.8K Cr 58.9% | ₹1.8K Cr |
| Other Assets | ₹23.9K Cr 1.2% | ₹24.2K Cr 1.9% | ₹24.7K Cr 39.4% | ₹17.7K Cr 49.7% | ₹11.8K Cr 21.0% | ₹9.8K Cr 46.6% | ₹6.7K Cr 9.6% | ₹7.4K Cr 0.9% | ₹7.3K Cr 14.5% | ₹6.4K Cr |
| Total Assets | ₹35.6K Cr 5.0% | ₹33.9K Cr 6.8% | ₹31.8K Cr 38.4% | ₹22.9K Cr 36.1% | ₹16.9K Cr 20.1% | ₹14.0K Cr 39.2% | ₹10.1K Cr 2.7% | ₹10.4K Cr 0.5% | ₹10.4K Cr 23.4% | ₹8.4K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.2K Cr 447.1% | ₹-350 Cr 88.6% | ₹-3.1K Cr 402.5% | ₹1.0K Cr 827.3% | ₹-139 Cr 114.6% | ₹952 Cr 388.2% | ₹195 Cr 21.4% | ₹248 Cr 112.5% | ₹-2.0K Cr 59.4% | ₹-1.2K Cr |
| Investing CF | ₹-1.1K Cr 336.0% | ₹-247 Cr 9.9% | ₹-274 Cr 38.7% | ₹-447 Cr 63.7% | ₹-273 Cr 22.7% | ₹-353 Cr 2621.4% | ₹14 Cr 108.9% | ₹-157 Cr 50.0% | ₹-314 Cr 17.4% | ₹-380 Cr |
| Financing CF | ₹745 Cr 77.5% | ₹3.3K Cr 12.3% | ₹3.8K Cr 1236.9% | ₹282 Cr 67.2% | ₹861 Cr 767.4% | ₹-129 Cr 8.5% | ₹-141 Cr 43.9% | ₹-98 Cr 104.0% | ₹2.4K Cr 40.9% | ₹1.7K Cr |
| Net Cash Flow | ₹882 Cr 67.4% | ₹2.7K Cr 517.1% | ₹439 Cr 48.0% | ₹845 Cr 88.2% | ₹449 Cr 4.5% | ₹470 Cr 591.2% | ₹68 Cr 1071.4% | ₹-7 Cr 105.6% | ₹125 Cr 30.2% | ₹96 Cr |
| Free Cash Flow | ₹930 Cr 287.9% | ₹-495 Cr 84.6% | ₹-3.2K Cr 436.0% | ₹956 Cr 580.4% | ₹-199 Cr 122.6% | ₹882 Cr 425.0% | ₹168 Cr 18.8% | ₹207 Cr 110.2% | ₹-2.0K Cr 59.1% | ₹-1.3K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 105d 6.1% | 99d 10.0% | 90d 5.9% | 85d 7.6% | 92d 20.0% | 115d 49.1% | 226d 63.8% | 138d 42.3% | 239d 0.4% | 240d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 105d 6.1% | 99d 10.0% | 90d 5.9% | 85d 7.6% | 92d 20.0% | 115d 49.1% | 226d 63.8% | 138d 42.3% | 239d 0.4% | 240d |
| Working Capital Days | -191d 41.9% | -329d 18.2% | -402d 44.1% | -279d 35.4% | -206d 9.0% | -189d 83.5% | -103d 57.3% | -241d 15.3% | -209d 24.8% | -278d |
| ROCE | 19.0% 9.5% | 21.0% 61.5% | 13.0% 31.6% | 19.0% 13.6% | 22.0% 120.0% | 10.0% 9.1% | 11.0% 38.9% | 18.0% 0.0% | 18.0% 38.5% | 13.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Motilal Oswal Financial Services Limited
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]
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