Motilal Oswal Financial Services Limited (MOFSL) has released its financial performance for Q2/H1 FY26, highlighting significant growth. The company reported a record Operating PAT of ₹2,029 Cr. AUM crossed ₹5+ Tn, with the total client base surpassing 12 million. MOFSL’s long-term credit rating was upgraded to AA+ (Stable) by ICRA.
Strong Financial Performance
Motilal Oswal Financial Services Limited announced its financial results for Q2/H1 FY26, showcasing robust performance across various segments. The company’s strategic focus on sustainable and fee-based revenue has driven significant growth.
Key Highlights for H1FY26
- Net Worth: Increased to ₹12,871 Cr.
- Rating Upgrade: Long-term rating upgraded to AA+ (Stable) by ICRA, a first for a non-bank capital market player.
- Client Base: Exceeded 12 million.
- Assets Under Advice (AUA): Surpassed ₹5 trillion.
- Highest ever Operating PAT in H1FY26.
Segmental Performance
The Asset Management and Private Wealth Management (PWM) divisions are significant contributors, accounting for approximately 50% of the group’s PAT.
Revenue Diversification
Fee-based revenue and Net Interest Income (NII) now contribute approximately 75% of total revenue, up from 58% in FY21, demonstrating a shift towards more stable income streams.
Strategic Initiatives
MOFSL is focused on growing recurring revenue, improving productivity through RM vintage enhancement and enhancing technological infrastructure.
Board Expansion
The company strengthened its board by appointing four new directors, bringing diverse expertise and experience to the leadership team.
Source: BSE
