| Scrip code | 532892 |
|---|---|
| NSE Symbol | MOTILALOFS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE338I01027 |
| Name of company | Motilal Oswal Financial Services Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 30-10-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 23-10-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 30-10-2025 16:00:00 |
| End date and time of board meeting | 30-10-2025 17:10:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 64,174.93 | 1,21,205.95 |
| (ii) | Dividend Income | 1,901.16 | 2,019.28 |
| (iii) | Rental Income | 0.71 | 6.42 |
| (iv) | Fees and commission Income | 1,16,260.61 | 2,25,315.66 |
| (v) | Net gain on fair value changes | 1,796.73 | 1,08,583.37 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 0.00 |
| (viii) | Sale of services | 0.00 | 0.00 |
| (ix) | Other revenue from operations | ||
| 1 | Other Operating Income | 776.40 | 1,482.68 |
| Total other revenue from operations | 776.40 | 1,482.68 | |
| Total Revenue From Operations | 1,84,910.54 | 4,58,613.36 | |
| Other income | 1,076.01 | 1,789.14 | |
| Total income | 1,85,986.55 | 4,60,402.50 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 0.00 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 51,286.15 | 1,04,693.00 | |
| Finance costs | 31,739.29 | 61,231.00 | |
| Depreciation, depletion and amortisation expense | 2,777.02 | 5,391.00 | |
| Fees and commission expense | 29,958.68 | 60,383.00 | |
| Net loss on fair value changes | 0.00 | 0.00 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 | |
| Impairment on financial instruments | 1,578.26 | 5,244.00 | |
| (f) | Other expenses | ||
| 1 | Other expense | 18,096.89 | 32,352.36 |
| Total other expenses | 18,096.89 | 32,352.36 | |
| Total expenses | 1,35,436.29 | 2,69,294.36 | |
| 3 | Total profit before exceptional items and tax | 50,550.26 | 1,91,108.14 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 50,550.26 | 1,91,108.14 |
| 7 | Tax expense | ||
| 8 | Current tax | 12,487.67 | 31,321.02 |
| 9 | Deferred tax | 1,807.01 | 7,948.81 |
| 10 | Total tax expenses | 14,294.68 | 39,269.83 |
| 11 | Net Profit Loss for the period from continuing operations | 36,255.58 | 1,51,838.31 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 703.48 |
| 15 | Total profit (loss) for period | 36,255.58 | 1,52,541.79 |
| 16 | Other comprehensive income net of taxes | (7,715.30) | 19,094.49 |
| 17 | Total Comprehensive Income for the period | 28,540.28 | 1,71,636.28 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 36,241.85 | 1,52,447.70 | |
| Total profit or loss, attributable to non-controlling interests | 14.11 | 93.83 | |
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 28,529.51 | 1,71,546.56 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 11.15 | 88.90 | |
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 0.00 | 0.00 | |
| Face value of equity share capital | 1 | 1 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 6.04 | 25.44 | |
| Diluted earnings per share from continuing operations | 5.97 | 24.97 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 6.04 | 25.44 | |
| Diluted earnings per share | 5.97 | 24.97 | |
| 23 | Debt equity ratio | ||
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | ||
| 23 | Debt equity ratio | |
|---|---|---|
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated |
| Statement of cash flows | ||
| Cash flows from used in operating activities | ||
| Profit before tax | 1,91,108.14 | |
| Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 0.00 | |
| Adjustments for decrease (increase) in inventories | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, current | 66,443.52 | |
| Adjustments for decrease (increase) in trade receivables, non-current | (248.59) | |
| Adjustments for decrease (increase) in other current assets | 0.00 | |
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |
| Adjustments for other financial assets, non-current | (406.77) | |
| Adjustments for other financial assets, current | (2,22,842.02) | |
| Adjustments for other bank balances | (29,080.48) | |
| Adjustments for increase (decrease) in trade payables, current | (76,628.22) | |
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |
| Adjustments for increase (decrease) in other current liabilities | 0.00 | |
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |
| Adjustments for depreciation and amortisation expense | 5,391.45 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 5,243.60 | |
| Adjustments for provisions, current | 1,124.35 | |
| Adjustments for provisions, non-current | (203.73) | |
| Adjustments for other financial liabilities, current | (44,024.60) | |
| Adjustments for other financial liabilities, non-current | 2,544.69 | |
| Adjustments for unrealised foreign exchange losses gains | 530.25 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for interest income | (626.27) | |
| Adjustments for share-based payments | 3,992.39 | |
| Adjustments for fair value losses (gains) | (1,08,583.57) | |
| Adjustments for undistributed profits of associates | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | 0.00 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 940.11 | |
| Total adjustments for reconcile profit (loss) | (3,95,181.35) | |
| Net cash flows from (used in) operations | (2,04,073.21) | |
| Dividends received | (2,019.28) | |
| Interest paid | 0.00 | |
| Interest received | (21.92) | |
| Income taxes paid (refund) | 28,417.40 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities | (2,34,531.81) | |
| Cash flows from used in investing activities | ||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property, plant and equipment | 0.00 | |
| Purchase of property, plant and equipment | 3,028.15 | |
| Proceeds from sales of investment property | 93,183.84 | |
| Purchase of investment property | 1,95,783.57 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | (165.37) | |
| Proceeds from sales of intangible assets under development | 0.00 | |
| Purchase of intangible assets under development | 0.00 | |
| Proceeds from sales of goodwill | 0.00 | |
| Purchase of goodwill | 0.00 | |
| Proceeds from biological assets other than bearer plants | 0.00 | |
| Purchase of biological assets other than bearer plants | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Proceeds from sales of other long-term assets | 0.00 | |
| Purchase of other long-term assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 2,019.28 | |
| Interest received | 22.92 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) investing activities | (1,03,420.31) | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 964.20 | |
| Payments from changes in ownership interests in subsidiaries | 0.00 | |
| Proceeds from issuing shares | 3,276.11 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Payments to acquire or redeem entity's shares | 0.00 | |
| Payments of other equity instruments | 0.00 | |
| Proceeds from exercise of stock options | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 81,719.24 | |
| Proceeds from borrowings | (3,799.37) | |
| Repayments of borrowings | 0.00 | |
| Payments of lease liabilities | 3,226.20 | |
| Dividends paid | 8.76 | |
| Interest paid | 0.00 | |
| Income taxes paid (refund) | 626.27 | |
| Other inflows (outflows) of cash | 4.92 | |
| Net cash flows from (used in) financing activities | 78,303.87 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (2,59,648.25) | |
| Effect of exchange rate changes on cash and cash equivalents | ||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (2,59,648.25) | |
| Cash and cash equivalents cash flow statement at beginning of period | 6,01,719.00 | |
| Cash and cash equivalents cash flow statement at end of period | 3,42,070.75 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 3,64,379.38 | ||
| Bank Balance other than (a) above | 4,18,828.81 | ||
| Derivative financial instruments | 2,725.86 | ||
| Receivables | |||
| (I) Trade Receivables | 1,70,673.63 | ||
| (II) Other Receivables | 361.84 | ||
| Loans | 13,35,387.34 | ||
| Investments | 10,83,828.70 | ||
| Other Financial assets | 60,358.94 | ||
| Total Financial Assets | 34,36,544.50 | ||
| 2 | Non Financial Asset | ||
| Inventories | 0.00 | ||
| Current tax assets (Net) | 1,937.76 | ||
| Deferred tax Assets (Net) | 7,892.72 | ||
| Investment Property | |||
| Biological assets other than bearer plants | |||
| Property, Plant and Equipment | 73,272.35 | ||
| Capital work-in-progress | 11,565.19 | ||
| Intangible assets under development | |||
| Goodwill | 0.00 | ||
| Other Intangible assets | 3,544.87 | ||
| Other non-financial assets (to be specified) | 27,970.17 | ||
| Total Non Financial Assets | 1,26,183.06 | ||
| Total assets | 35,62,727.56 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 6,005.09 | ||
| Other equity | 12,81,132.77 | ||
| Total equity attributable to owners of parent | 12,87,137.86 | ||
| Non controlling interest | 615300000 | ||
| Total equity | 12,93,290.86 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | ||
| (b) | Payables | ||
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 1,589.28 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 4,53,859.36 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | ||
| (C ) | Debt Securities | 10,28,545.82 | |
| (d) | Borrowings (Other than Debt Securities) | 5,36,828.65 | |
| (e) | Deposits | 4,203.54 | |
| (f) | Subordinated Liabilities | ||
| (g) | Other financial liabilities | 1,48,789.44 | |
| Total Financial Liabilities | 21,73,816.09 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 10,236.88 | |
| (b) | Provisions | 10,029.89 | |
| (C ) | Deferred tax liabilities (Net) | 62,037.89 | |
| (d) | Other non-financial liabilities | 13,315.95 | |
| Total Non Financial Liabilities | 95,620.61 | ||
| Total liabilities | 22,69,436.70 | ||
| Total equity and liabilites | 35,62,727.56 | ||
| Disclosure of notes on assets and liabilities | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| 1 | Wealth Managment revenue | 95,027.39 | 1,91,977.80 |
| 2 | Treasury Investment | (3,694.37) | 83,378.94 |
| 3 | Asset Management & Advisory | 80,987.80 | 1,53,280.50 |
| 4 | Capital Market Revenue | 21,888.60 | 43,905.83 |
| 5 | Home Finance | 19,104.85 | 36,857.40 |
| 6 | Intersegment | 0.00 | 0.00 |
| Total Segment Revenue | 2,13,314.27 | 5,09,400.47 | |
| Less: Inter segment revenue | 27,327.30 | 48,998.35 | |
| Revenue from operations | 1,85,986.97 | 4,60,402.12 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | Wealth Managment revenue | 21,144.18 | 44,308.72 |
| 2 | Treasury Investment | (20,081.84) | 49,960.63 |
| 3 | Asset Management & Advisory | 36,794.15 | 66,663.09 |
| 4 | Capital Market Revenue | 12,017.93 | 25,541.13 |
| 5 | Home Finance | 4,275.54 | 7,342.54 |
| 6 | Intersegment | (3,599.41) | (2,707.88) |
| Total Profit before tax | 50,550.55 | 1,91,108.23 | |
| i. Finance cost | |||
| ii. Other Unallocable Expenditure net off Unallocable income | |||
| Profit before tax | 50,550.55 | 1,91,108.23 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | Wealth Managment revenue | 21,18,376.60 | 21,18,376.60 |
| 2 | Treasury Investment | 11,48,578.74 | 11,48,578.74 |
| 3 | Asset Management & Advisory | 1,13,769.63 | 1,13,769.63 |
| 4 | Capital Market Revenue | 24,174.02 | 24,174.02 |
| 5 | Home Finance | 5,65,271.44 | 5,65,271.44 |
| 6 | Intersegment | (4,07,455.59) | (4,07,455.59) |
| Total Segment Asset | 35,62,714.84 | 35,62,714.84 | |
| Un-allocable Assets | 0.00 | 0.00 | |
| Net Segment Asset | 35,62,714.84 | 35,62,714.84 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | Wealth Managment revenue | 17,64,380.62 | 17,64,380.62 |
| 2 | Treasury Investment | 1,14,774.06 | 1,14,774.06 |
| 3 | Asset Management & Advisory | 69,250.66 | 69,250.66 |
| 4 | Capital Market Revenue | 7,263.71 | 7,263.71 |
| 5 | Home Finance | 4,15,413.46 | 4,15,413.46 |
| 6 | Intersegment | (1,01,658.43) | (1,01,658.43) |
| Total Segment Liabilities | 22,69,424.08 | 22,69,424.08 | |
| Un-allocable Liabilities | 0.00 | 0.00 | |
| Net Segment Liabilities | 22,69,424.08 | 22,69,424.08 | |
| Disclosure of notes on segments | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | (a) Remeasurement of the defined employee benefit plans | 48006000 | 56780000 |
| 2 | (b) Changes in fair value gain/(loss) of FVOCI equity instruments | -944514000 | 2169122000 |
| Total Amount of items that will not be reclassified to profit and loss | -896508000 | 2225902000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (1,231.10) | 3,243.18 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | (a) Derivatives designated as cash flow hedge | 2496000 | 10510000 |
| Total Amount of items that will be reclassified to profit and loss | 2496000 | 10510000 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 6.28 | 26.45 |
| 5 | Total Other comprehensive income | (7,715.30) | 19,094.49 |