Motilal Oswal Financial Services delivered an outstanding performance for the fiscal year ended March 31, 2026, reporting a highest-ever quarterly and annual operating profit. The company achieved a consolidated annual revenue of ₹9,37,397 lakhs and a total profit after tax of ₹1,86,931 lakhs for the year. This growth is driven by strong momentum across its key business segments, particularly Asset & Private Wealth Management, which continues to solidify the group’s market position.
Financial Highlights for FY26
For the financial year ended March 31, 2026, Motilal Oswal Financial Services reported robust growth. The consolidated total revenue reached ₹9,37,397 lakhs, reflecting the company’s strong operational scale. Annual profit after tax attributable to owners stood at ₹1,86,931 lakhs. For the Q4 (January–March) period, the company demonstrated continued strength with total revenues from operations at ₹2,67,620 lakhs.
Segmental Performance and Business Drivers
The company’s core segments continue to show strong performance. The Asset and Private Wealth Management segment reported a significant operating profit of ₹1,166 crore for FY26, marking a 39% increase over the previous year. Wealth Management maintained a stable contribution with an operating profit of ₹727 crore, while the Capital Market and Housing Finance segments contributed ₹336 crore and ₹159 crore respectively to the annual operating profit.
Strategic Developments
During the board meeting held on April 29, 2026, the company announced several strategic moves to strengthen its governance and leadership. The Board approved the appointment of Mr. Sunil Goyal and Mrs. Smita Bhagat as Additional Directors (Independent Directors), effective July 01, 2026. Additionally, the company initiated the reclassification of several members from the ‘Promoter Group’ to the ‘Public’ category, noting that these members have no common business interests, shared control, or acting-in-concert arrangements with the continuing promoters.
Future Outlook
Motilal Oswal remains focused on leveraging the long-term growth opportunities in India’s capital markets. With a group asset under advice of over ₹6.6 lakh crore and a focus on increasing its share of Annual Recurring Revenue (ARR), the company is strategically positioned to benefit from the ongoing financialisation of savings in India. The company continues to maintain a strong treasury book, providing a buffer and supporting growth initiatives across its various business verticals.
Source: BSE
