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India
As of 18 Sept 2026, 03:30 pm
On September 16, 2026, Motilal Oswal Financial Services Limited's Finance Committee approved the private placement allotment of 7,900 Senior Bonds in the form of Non-Convertible Debentures (NCDs) totaling ₹79 Crore. These NCDs have a face value of ₹1,00,000 each, a five-year tenure maturing on September 16, 2031, and are secured by the company's receivables. On the same date, the company also informed the exchange about the allotment of 653,980 securities pursuant to ESOP/ESPS.
Motilal Oswal Financial Services Limited received a credit rating upgrade from India Ratings. The rating assigned is 'IND AA Plus Stable'.
As of the technical summary date of September 18, 2026, Motilal Oswal Financial Services has shown a return of 8% in the last month and a year-to-date return of 20%.
As of September 18, 2026, the daily technical trend is bullish, with the closing price at ₹1010.0 being above the 20-day and 50-day Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs). The supertrend indicator is also bullish at ₹961.5. Key support levels are identified around ₹1003.5 and ₹990.0, while resistance is noted near ₹1018.3 and ₹1023.0.
As of 18 Sept 2026, 03:30 pm
Recent drawdown and price variability remain within the producer's contained-risk thresholds.
Primary driver: Price swings are higher than typical
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
Upward price movement of 2.96 standard deviations recorded on 2026-08-17.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | PEAK₹3,425.76 crore | ₹2,676.20 crore | ₹2,111.65 crore | ₹1,849.11 crore | ₹2,737.03 crore |
| Interest Earned | PEAK₹746.01 crore | ₹720.08 crore | ₹688.94 crore | ₹641.75 crore | ₹570.31 crore |
| Dividend Income | ₹1.48 crore | ₹1.53 crore | ₹25.46 lakh | PEAK₹19.01 crore | ₹1.18 crore |
| Other Revenue From Operations | ₹3.96 crore | ₹3.96 crore | PEAK₹20.65 crore | ₹7.76 crore | ₹7.06 crore |
| Expenses | ₹1,898.38 crore | PEAK₹2,886.70 crore | ₹1,371.73 crore | ₹1,354.36 crore | ₹1,338.56 crore |
| Finance Costs | PEAK₹414.24 crore | ₹387.72 crore | ₹336.38 crore | ₹317.39 crore | ₹294.92 crore |
Motilal Oswal Financial Services Limited delivered a profitable quarter with revenue growth of 25% year-on-year and a return to positive earnings after a loss in the previous quarter. While expenses increased significantly compared to the prior year, they decreased sequentially from the elevated level seen in the fourth quarter. The company’s asset base expanded by 27% over the year, reflecting the ongoing growth of its balance sheet.
Exchange disclosures and regulatory announcements for Motilal Oswal Financial Services.
Motilal Oswal Financial Services Limited has informed the Exchange regarding allotment of 653980 securities pursuant to ESOP/ESPS at its meeting held on September 16, 2026 |SUBJECT: Allotment of Securities
On September 16, 2026, the Finance Committee of Motilal Oswal Financial Services Limited approved the private placement allotment of 7,900 fully paid Senior Bonds in the nature of Non-Convertible Debentures (NCDs) aggregating to Rs. 79 Crore. Each NCD carries a face value of Rs. 1,00,000 and is secured by a first-ranking charge over the company's receivables with a minimum security cover of 1.00x. The instrument has a five-year tenure maturing on September 16, 2031, and is proposed for listing on the National Stock Exchange of India.
Allotment of Securities |SUBJECT: Allotment of Securities
Motilal Oswal Financial Services Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
On September 16, 2026, India Ratings and Research upgraded the long-term credit rating of Motilal Oswal Financial Services Limited and its subsidiaries to 'IND AA+/Stable' from 'IND AA/Positive'. This upgrade applies to non-convertible debentures and bank loan facilities for Motilal Oswal Financial Services Ltd and Motilal Oswal Home Finance Ltd, as well as NCDs for Motilal Oswal Finvest Ltd. The agency cited a stronger business profile driven by recurring fee-based revenue growth and improved earnings diversification, while affirming short-term commercial paper ratings at 'IND A1+' across the group.
Motilal Oswal Financial Services Limited certified on September 16, 2026, that it made timely payment of the maturity amount for Commercial Paper with ISIN INE338I14MZ4. The company redeemed 4,000 units with a total redemption value of Rs. 2,00,00,00,000 on the due date. This confirmation was submitted to the National Stock Exchange of India by Company Secretary Kailash Chunnilal Purohit.
Recent market and company developments associated with Motilal Oswal Financial Services.
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From India Ratings and Research
Comprehensive Section Breakdown for Motilal Oswal Financial Services
Strategic Vision: Indian financial services company offering diverse investment solutions.
• Legacy spanning over three decades in financial services.
• Robust research capabilities built over many years.
• Commitment to environmental sustainability through energy reduction and resource reuse.
Motilal Oswal Financial Services Limited reported a return to profitability in the quarter ended 30 June 2026, recovering from a loss in the preceding quarter. Total revenue from operations increased by 28% sequentially and 25% year-on-year, reaching ₹3,425.76 crore. Profit before exceptional items and tax turned positive at ₹1,533.84 crore, compared to a loss of ₹194.45 crore in the previous quarter. Net segment assets expanded by 27% over the past year, reaching ₹46,465.50 crore.
Revenue from operations rose to ₹3,425.76 crore, up from ₹2,676.20 crore in the fourth quarter of the previous fiscal year and ₹2,737.03 crore in the same quarter last year. Interest earned contributed ₹746.01 crore, a 31% increase compared to the year-ago quarter. Fees and commission income added ₹1,238.57 crore, while net gain on fair value changes contributed ₹1,105.15 crore.
Profitability moved from a loss to a profit. Profit before exceptional items and tax was ₹1,533.84 crore, compared to a loss of ₹194.45 crore in the fourth quarter. Profit after tax amounted to ₹1,273.70 crore, versus a loss of ₹219.11 crore in the prior quarter. Basic earnings per share rose to ₹21.15 from a loss of ₹3.69 per share sequentially.
Tax expense increased to ₹260.14 crore, up from ₹24.66 crore in the previous quarter. Compared to the same quarter last year, tax expense rose 4% from ₹249.75 crore.
Total expenses declined 34% sequentially to ₹1,898.38 crore, following a significantly higher expense level of ₹2,886.70 crore in the fourth quarter. On a year-on-year basis, total expenses rose 42% from ₹1,338.56 crore in the first quarter of the previous fiscal year.
Finance costs increased to ₹414.24 crore, up 40% from ₹294.92 crore in the year-ago quarter and 7% higher than the ₹387.72 crore recorded in the preceding quarter. Impairment on financial instruments rose to ₹32.27 crore, a 345% sequential increase from ₹7.24 crore, though it remained 12% below the ₹36.65 crore recognised in the same quarter last year.
Employee benefit expense stood at ₹527.96 crore. Other expenses rose to ₹212.37 crore, up from ₹142.55 crore in the year-ago period.
The company’s asset base continued to expand. Net segment assets reached ₹46,465.50 crore as of 30 June 2026, a 27% increase from ₹36,645.45 crore a year earlier. Net segment liabilities grew to ₹31,969.80 crore, up 33% year-on-year. Unallocable assets were reported at -₹4,530.57 crore, and unallocable liabilities at -₹1,327.42 crore.
Equity capital details show the face value of equity shares was ₹1 per share, down from ₹6,018.60 per share in the fourth quarter of the previous fiscal year. Paid-up equity share capital increased marginally to ₹60.21 crore from ₹60.19 crore in the prior quarter.
The Press Release reports that Motilal Oswal Financial Services Limited achieved its highest-ever quarterly Total PAT of ₹1,513 Cr in Q1FY27, led by strong growth in the Asset Management business. Management highlighted that a focus on annuity revenues has led to a 66% contribution, improving quality and predictability, and noted that the company's 10-year track record of growth has been delivered entirely through internal accruals with no dilution.
In the Credit Rating Revision document, Mr. Shalibhadra Shah, Chief Financial Officer, commented that the upgrade to Crisil AA+ recognises the quality of the balance sheet, the diversity of earnings, and the consistency of financial discipline. He added that this strengthens borrowing capacity and supports funding growth across verticals, as the company views the rise in wealth and financialisation of savings as powerful tailwinds for widening its presence in promising adjacencies.
Category: Financial Services
Facilitating online share trading for clients.
Category: Financial Services
Providing platforms for derivatives trading.
Category: Financial Services
Enabling investments in international equities.
Category: Financial Services
Catering to sophisticated investors with specialized investment products.
Category: Financial Services
Offering a variety of mutual fund schemes for investment.
Category: Financial Services
Providing avenues for trading in commodities.
Category: Financial Services
Professional management of investment portfolios tailored to client needs.
Category: Financial Services
Assisting clients in participating in new stock offerings.
Category: Financial Services
Providing options for debt instrument investments and fixed-income products.
Category: Financial Services
Offering advisory services to guide investment decisions.
Category: Financial Services
A proprietary platform or service for investment.
Core Thesis: The company integrates diverse financial services with technology and advisory support to enhance client investment journeys.
• Omnichannel Access: The company operates through both online and offline channels to ensure client accessibility and support. • Research Capabilities: Leveraging many years of built-up research capabilities to guide clients. • Personalized Advisory: Offering dedicated personal advisors to guide clients through their investment decisions. • Technological Tools: Utilizing platforms like Research360 and the Riise Super App to enhance client services.