Indian financial services group offering stock broking, wealth management, asset management and investment banking.
Indian financial services group offering stock broking, wealth management, asset management and investment banking.
Earns brokerage commissions on client trades, fees on assets managed in its mutual funds and portfolio services, advisory fees from companies, and a smaller lending and home-finance business. Trading volumes and stock-market levels therefore drive it. The founders run it and hold a controlling stake.
In one line: India's smaller Raymond James/Charles Schwab hybrid.
Moat: narrow (brand, distribution). A well-known research-driven brand with a broad retail and wealth-management client base built over decades.
Headquarters: Mumbai, India · Founded: 1987 · Employees: 12,459
Size Motilal Oswal Financial Services (MOTILALOFS.NS) is an India Information Technology company (Investment Managers) with a market value of $7.03B, the 165th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,102 on 6 Nov 2026.
Performance Over six months the shares gained 23.6%, against +6.0% for the median peer and 0.0% for the India market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 44.4% over the last twelve months (peer median +22.9%); the operating margin is 31.0% (peer median 15.8%).
Valuation It trades at 22.1× forward earnings against a peer median of 28.2× (6th cheapest of 20).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹113B | ₹96.1B | ₹76.9B | ₹59.2B | ₹43.3B |
| Revenue growth | — | +25% | +30% | +36% | — |
| Gross profit | ₹63.9B | ₹67.0B | ₹62.1B | ₹46.4B | ₹34.2B |
| EBITDA | ₹36.1B | ₹39.4B | ₹46.1B | ₹41.6B | ₹19.2B |
| Net income | ₹27.0B | ₹18.7B | ₹25.0B | ₹24.4B | ₹9.32B |
| Free cash flow | n/a | ₹14.3B | -₹12.7B | ₹28.3B | ₹21.0B |
| Capital expenditure | n/a | ₹890M | ₹2.84B | ₹1.51B | ₹1.68B |
| Total debt | ₹268B | ₹214B | ₹149B | ₹138B | ₹103B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Motilal Oswal Financial Services MOTILALOFS.NS | $7.03B | +24% | +44% | 31% | 22.1× | n/a |
| Angel One ANGELONE.NS | $3.20B | +3% | +21% | 28% | 23.1× | n/a |
| Nuvama Wealth Management NUVAMA.NS | $3.61B | +25% | +13% | 29% | 26.2× | n/a |
| 360 One Wam 360ONE.NS | $4.95B | +3% | +25% | 33% | 35.1× | n/a |
| IIFL Capital Services IIFLCAPS.NS | $1.17B | 0% | +8% | 25% | n/a | n/a |
| JM Financial JMFINANCIL.NS | $1.13B | -22% | +1% | 32% | 8.0× | n/a |
| Edelweiss Financial Services EDELWEISS.NS | $1.28B | +6% | +16% | 11% | n/a | n/a |
| Anand Rathi Wealth ANANDRATHI.NS | $4.18B | +31% | +35% | 41% | 90.5× | n/a |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MOTILALOFS.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.2% | -1.3% | 9th highest of 21 |
| 6-month return | +23.6% | +6.0% | 4th highest of 21 |
| Distance from 52-week high | -0.3% | -23.4% | highest of 21 |
| Revenue growth (TTM) | +44.4% | +22.9% | 4th highest of 21 |
| Operating margin | 31.0% | 15.8% | 4th highest of 21 |
| Forward P/E | 22.1× | 28.2× | 6th cheapest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Motilal Oswal Financial Services MOTILALOFS.NS | India | $7.03B | +24% | +44% | 31% | 22.1× | n/a | n/a |
| WAAREE Energies WAAREEENER.NS | India | $7.41B | -24% | +75% | 16% | 17.3× | n/a | n/a |
| Info Edge India NAUKRI.NS | India | $8.18B | +21% | +13% | 34% | 59.6× | 51.8% | +23.8% |
| Oracle Financial Services Software OFSS.NS | India | $9.43B | +8% | +28% | 52% | 22.7× | 22.0% | +9.0% |
| Mphasis MPHASIS.NS | India | $5.15B | +15% | +14% | 15% | 22.4× | 28.7% | +10.6% |
| Coforge COFORGE.NS | India | $9.71B | +62% | +41% | 16% | 35.2× | 34.6% | +28.6% |
| PB Fintech POLICYBZR.NS | India | $4.74B | -43% | +37% | 7% | 41.0× | n/a | n/a |
| Persistent Systems PERSISTENT.NS | India | $10.6B | +21% | +27% | 16% | 43.9× | 37.4% | +28.6% |
| Premier Energies PREMIERENE.NS | India | $4.28B | -13% | +32% | 25% | 19.7× | n/a | n/a |
| Sterlite Technologies STLTECH.NS | India | $3.91B | +101% | +63% | 17% | 28.2× | 22.6% | -0.4% |
| LTM LTM.NS | India | $13.6B | +2% | +15% | 16% | 21.6× | 23.8% | +27.9% |
| Crisil CRISIL.NS | India | $3.40B | +6% | +24% | 26% | 35.0× | n/a | n/a |
| Hexaware Technologies HEXT.NS | India | $3.26B | +9% | +13% | 12% | 21.7× | 15.4% | +16.5% |
| Tata Technologies TATATECH.NS | India | $2.86B | +6% | +22% | 13% | 34.9× | 28.3% | +18.3% |
| Aditya Birla Sun Life Amc ABSLAMC.NS | India | $2.68B | -19% | +4% | 60% | 23.9× | n/a | n/a |
| Tech Mahindra TECHM.NS | India | $19.0B | +26% | +14% | 14% | 23.9× | 20.3% | +8.5% |
| Urban URBANCO.NS | India | $2.58B | +8% | +36% | -26% | n/a | n/a | n/a |
| Tata Elxsi TATAELXSI.NS | India | $2.52B | -10% | +10% | 20% | 32.7× | 25.3% | +15.5% |
| Wipro WIPRO.NS | India | $20.7B | 0% | +8% | 16% | 14.9× | 9.0% | +8.4% |
| Netweb Technologies India NETWEB.NS | India | $2.37B | -12% | +175% | 13% | 55.9× | 46.1% | +72.5% |
| Affle 3i AFFLE.NS | India | $2.36B | +6% | +20% | 18% | 40.0× | 33.0% | +39.3% |