Motilal Oswal Financial Services share price
NSE: MOTILALOFSBSE: 532892Capital MarketsMid Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹977.00.
- Next results date: the board meets on 29 Oct 2026 to consider: financial results and fund raising.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹55,824 Cr199th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 9 Oct 2026
- 28.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 9 Oct 2026
- 4.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.65%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 9 Oct 2026
- 16.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 9 Oct 2026
- 11.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 9 Oct 2026
- 1.64
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 10,27,83933.5% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 23 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹3,426 Crup 28.01%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹1,274 CrQuarter to Mar 2026: −₹219 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 37.2%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2019, the company's revenue for that year, ₹2,463 Cr, differs from its quarters added, ₹2,633 Cr. From the year to Mar 2020, the company's revenue for that year, ₹2,358 Cr, differs from its quarters added, ₹2,480 Cr.
| ₹ crore | Sep 2024Filed 29 Oct | Dec 2024Filed 31 Jan | Mar 2025Filed 26 Apr | Jun 2025Filed 24 Jul | Sep 2025Filed 6 Oct | Dec 2025Filed 27 Jan | Mar 2026Filed 9 Oct | Jun 2026Filed 23 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,838 | 1,999 | 1,209 | 2,737 | 1,849 | 2,112 | 2,676 | 3,426 |
| Net profit | 1,122 | 566 | −63 | 1,163 | 363 | 566 | −219 | 1,274 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 39.5% | 28.3% | −5.2% | 42.5% | 19.6% | 26.8% | −8.2% | 37.2% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Wealth ManagementWealth Management, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹4,083 Crdown 2.92%39.0%
- Asset and Private Wealth ManagementAsset and Private Wealth Management, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,365 Crup 27.63%32.1%
- Treasury InvestmentsTreasury Investments, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,430 Crup 28.14%13.7%
- Home FinanceHome Finance, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹801 Crup 22.91%7.6%
- Capital marketsCapital markets, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹791 Crup 26.19%7.6%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2019 and Mar 2020: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 68% of 2,318 trading days over the last 10 years.
At or below today's level on 83% of 1,953 trading days since Nov 2018.
At or below today's level on 90% of 1,938 trading days since Nov 2018.
At or below today's level on 35% of 2,475 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +3.8% | −25.6% | +38.2% | 0.9% |
| 3 years | +61.5% | +25.6% | +28.0% | 0.9% |
| 5 years | +33.4% | +8.0% | +22.5% | 1.1% |
Mutual funds holding it
148 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 89 of the 99 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 55
- CutCut. Funds that held fewer shares than at the end of the month before.
- 44
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 45
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 3
| Fund | |||
|---|---|---|---|
 Kotak Large & Mid Cap FundKotak Mahindra Mutual Fund | 54,00,000 | 1.76% | ₹536.8 Cr |
 Tata Value FundTata Mutual Fund | 44,01,000 | 5.31% | ₹437.5 Cr |
 HSBC Small Cap FundHSBC Mutual Fund | 28,21,718 | 1.52% | ₹280.5 Cr |
 Sundaram Mid Cap FundSundaram Mutual Fund | 20,27,477 | 1.45% | ₹201.5 Cr |
 HDFC Large & Mid Cap FundHDFC Mutual Fund | 18,56,728 | 0.65% | ₹184.6 Cr |
 WhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund | 15,56,960 | 2.05% | ₹154.8 Cr |
| Tata ELSS - Tax Saver FundTata Mutual Fund | 12,31,123 | 2.76% | ₹122.4 Cr |
 Helios Flexi Cap FundHelios Mutual Fund | 11,59,078 | 1.31% | ₹115.2 Cr |
 UTI Large & Mid Cap FundUTI Mutual Fund | 10,41,598 | 1.66% | ₹103.5 Cr |
| HSBC Aggressive Hybrid FundHSBC Mutual Fund | 8,10,900 | 1.43% | ₹80.6 Cr |
Peers and competitors
Stockbroking & Allied, 43 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Motilal Oswal Financial Services in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Billionbrains Garage VenturesGROWW | 1,13,878 | 42.3 | 9.8 | 29.7 | – | – | 28.5% | 30.2% | 0.00% |
 360 ONE WAM360ONE | 40,673 | 32.6 | 3.9 | 19.8 | +29.4% | +10.7% | 12.7% | 9.8% | 1.35% |
 Nuvama Wealth ManagementNUVAMA | 30,665 | 28.3 | 7.4 | 7.9 | +12.9% | +5.2% | 28.5% | 15.6% | 1.68% |
 Angel OneANGELONE | 25,517 | 22.1 | 3.8 | 8.9 | +21.3% | +47.7% | 18.5% | 14.8% | 2.31% |
 IIFL Capital ServicesIIFLCAPS | 10,788 | 18.9 | 3.5 | 8.8 | +2.2% | −19.1% | 20.5% | 16.1% | 0.88% |
 Share India SecuritiesSHAREINDIA | 3,757 | 10.3 | 1.4 | 2.1 | +14.6% | +17.6% | 14.6% | 18.5% | 1.05% |
 Anand Rathi Share and Stock BrokersARSSBL | 2,804 | 19.5 | 2.0 | 4.6 | – | – | 10.7% | 13.8% | 1.12% |
 Monarch Networth CapitalMONARCH | 2,612 | 14.4 | 2.7 | 7.6 | +7.5% | +17.3% | 20.5% | 24.7% | 0.30% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 30 Jan 2026 | Interim | ₹6.00 |
| 31 Jan 2025 | Interim | ₹5.00 |
| 6 Feb 2024 | Interim | ₹14.00 |
| 4 Jul 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
| 3 Feb 2023 | Interim | ₹7.00 |
| 1 Jul 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
23 Oct · Analysts
Sep 2026
Motilal Oswal Financial Services share price by year
Each calendar year to 2025.Motilal Oswal Financial Services share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 855.75 | −10.3% | 1,091.30 | 565.65 |
| 2024 | 953.80 | +207.5% | 1,029.70 | 309.95 |
| 2023 | 310.21 | +80.8% | 320.63 | 138.39 |
| 2022 | 171.59 | −25.0% | 242.79 | 163.63 |
| 2021 | 228.91 | +52.3% | 281.28 | 145.68 |
| 2020 | 150.29 | −20.8% | 222.15 | 114.08 |
| 2019 | 189.86 | +13.3% | 204.86 | 124.55 |
| 2018 | 167.54 | −55.1% | 394.04 | 140.63 |
| 2017 | 373.38 | +186.9% | 390.58 | 128.43 |
| 2016 | 130.16 | +55.7% | 155.70 | 65.01 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 983.10 | 983.10 | 911.55 | 925.80 | 927.36 | 10,27,839 | 33.5% |
| 22 Oct 2026 | 985.00 | 985.00 | 955.25 | 977.00 | 973.03 | 6,27,619 | 30.6% |
| 21 Oct 2026 | 1,021.00 | 1,032.45 | 976.00 | 985.00 | 994.15 | 10,23,502 | 47.1% |
| 19 Oct 2026 | 1,058.90 | 1,064.95 | 1,014.25 | 1,021.00 | 1,031.65 | 9,57,323 | 43.6% |
| 16 Oct 2026 | 1,074.10 | 1,074.10 | 1,044.40 | 1,057.60 | 1,060.30 | 6,01,008 | 38.8% |
| 15 Oct 2026 | 1,044.90 | 1,072.20 | 1,033.45 | 1,062.95 | 1,056.79 | 8,55,706 | 31.6% |
| 14 Oct 2026 | 1,057.10 | 1,064.00 | 1,036.40 | 1,039.50 | 1,046.52 | 5,30,421 | 40.9% |
| 13 Oct 2026 | 1,052.50 | 1,068.90 | 1,034.55 | 1,068.90 | 1,048.19 | 5,86,550 | 41.2% |
| 12 Oct 2026 | 1,026.05 | 1,066.20 | 1,026.05 | 1,051.00 | 1,049.83 | 9,53,453 | 37.6% |
| 9 Oct 2026 | 1,014.00 | 1,038.10 | 1,000.80 | 1,026.00 | 1,020.56 | 8,28,221 | 39.5% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 10 Jun 2024 | Bonus | 0.2500 | Holders received 3 bonus shares for every 1 held. |
| 25 Jul 2008 | Split | 0.2000 | Each share became 5. |
About Motilal Oswal Financial Services
Motilal Oswal Financial Services Limited is a diversified financial services firm in India. Its businesses are wealth management, asset and private wealth management, capital market and housing finance. Its customers include mass-affluent clients, high net worth individuals, family offices, ultra-high net worth individuals, mutual funds, foreign institutional investors, financial institutions and corporate clients. The group had more than 12,450 employees as of March 2026, and its total client base has crossed 12 million, counting the customers of each business.
The wealth management business covers broking, distribution and lending, and it serves mass-affluent and high net worth individuals who manage their wealth through research-based advisory services. The asset management business runs mutual funds, portfolio management services and alternative investment funds, and its private wealth business serves corporates, institutions, high net worth individuals and ultra-high net worth individuals. The capital market business covers investment banking and institutional equities. Through investment banking, the company advises Indian and international clients on private placement of equity, mergers and acquisitions, and equity capital markets transactions. Housing finance is the fourth business.
The company began as a sub-broking business. Over time it added an asset management company, which launched its maiden mutual fund offering, and it entered affordable housing finance. Its equity shares are listed on the NSE and BSE.
The company was founded by Motilal Oswal and Raamdeo Agarawal.
- Legal name
- Motilal Oswal Financial Services Limited
- NSE symbol
- MOTILALOFS
- BSE code
- 532892
- ISIN
- INE338I01027
- Industry
- Capital Markets
- Listed
- Sep 2007
- Face value
- ₹1
- CIN
- L67190MH2005PLC153397
- Corporate identity number, the registrar of companies' code for it