Motilal Oswal Financial Services (MOFSL) reported a 16% YoY increase in operating PAT to ₹611 Cr for Q3FY26, driven by Asset & Private Wealth Management. Total PAT grew by 58% YoY to Rs 721 Cr. The board has declared an interim dividend of ₹6 per share, demonstrating strong financial performance. Total AUM grew by 33% to ₹1.89 lakh Cr.
Key Financial Highlights
Q3FY26 saw Motilal Oswal achieve its highest-ever operating PAT, reaching ₹611 Cr, a 16% increase year-over-year and a 10% increase quarter-over-quarter. Total PAT, including treasury and OCI, reached Rs 721 Cr, marking a significant 58% year-over-year growth.
Segmental Performance
Asset Management: PAT grew by 65% YoY to ₹ 227 Cr. Total AUM increased by 33% YoY, reaching ₹1.89 lakh Cr. This growth was propelled by a 40% increase in Mutual Fund AUM and a 62% increase in Private Alternates AUM. SIP inflows also surged by 55% YoY, reaching 4,515 Cr.
Private Wealth Management: PAT stood at ₹82 Cr, driven by net flows of ₹4,314 Cr. AUM increased by 31% YoY to 1.96 lakh Cr.
Wealth Management: PAT reached ₹ 181 Cr. Brokerage revenue increased by 15% quarter-over-quarter. The distribution book grew by 34% to Rs. 42,775 cr year-over-year.
Capital Markets: PAT grew by 15% YoY to ₹70 Cr. The company holds the #1 ranking across IPOs and QIPs in CY25.
Housing Finance: PAT grew by 12% YoY to ₹42 Cr. AUM grew by 24% YoY to Rs. 5,379 Cr.
Treasury Performance
The treasury book grew by 16% YoY to ₹9,562 Cr, delivering a healthy XIRR of 18.5% since inception.
Company Achievements
MOFSL’s Operating PAT has grown by a 31% CAGR over the last decade. The company’s net worth has increased nearly 10x since March 2015, reaching Rs 13,632 Cr. MOFSL was ranked 138th in FY25 Profits and 200th in Market Capitalization among listed Indian companies.
Source: BSE
