| 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 | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 29-10-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 22-10-2026 |
| 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 | 29-10-2026 14:45:00 |
| End date and time of board meeting | 29-10-2026 16:45:00 |
| 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 | 01-07-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| 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 | 83,126.27 | 1,57,727.80 |
| (ii) | Dividend Income | 1,534.56 | 1,682.92 |
| (iii) | Rental Income | 47.89 | 49.11 |
| (iv) | Fees and commission Income | 1,34,888.63 | 2,58,745.42 |
| (v) | Net gain on fair value changes | 83,305.40 | 1,93,820.75 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 904.99 | 1,493.47 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 32,469.67 |
| (viii) | Sale of services | 0.00 | 0.00 |
| (ix) | Other revenue from operations | ||
| 1 | Other operating income | 359.49 | 755.21 |
| Total other revenue from operations | 359.49 | 755.21 | |
| Total Revenue From Operations | 3,04,167.23 | 6,46,744.35 | |
| Other income | 209.24 | 855.42 | |
| Total income | 3,04,376.47 | 6,47,599.77 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 34,200.08 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 59,377.41 | 1,12,173.15 | |
| Finance costs | 47,587.85 | 89,012.18 | |
| Depreciation, depletion and amortisation expense | 2,964.80 | 5,754.17 | |
| Fees and commission expense | 35,695.75 | 69,861.17 | |
| 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 | 3,245.12 | 6,472.10 | |
| (f) | Other expenses | ||
| 1 | Other expenses | 22,238.26 | 43,475.66 |
| Total other expenses | 22,238.26 | 43,475.66 | |
| Total expenses | 1,71,109.19 | 3,60,948.51 | |
| 3 | Total profit before exceptional items and tax | 1,33,267.28 | 2,86,651.26 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 1,33,267.28 | 2,86,651.26 |
| 7 | Tax expense | ||
| 8 | Current tax | 19,024.81 | 32,347.75 |
| 9 | Deferred tax | 6,106.28 | 18,796.07 |
| 10 | Total tax expenses | 25,131.09 | 51,143.82 |
| 11 | Net Profit Loss for the period from continuing operations | 1,08,136.19 | 2,35,507.44 |
| 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 | 0.00 |
| 15 | Total profit (loss) for period | 1,08,136.19 | 2,35,507.44 |
| 16 | Other comprehensive income net of taxes | (1,026.25) | 22,927.79 |
| 17 | Total Comprehensive Income for the period | 1,07,109.94 | 2,58,435.23 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 1,08,074.44 | 2,35,382.96 | |
| Total profit or loss, attributable to non-controlling interests | 61.75 | 124.48 | |
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 1,07,048.41 | 2,58,315.96 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 61.52 | 119.07 | |
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 6,029.77 | 6,029.77 | |
| 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 | 17.94 | 39.09 | |
| Diluted earnings per share from continuing operations | 17.68 | 38.49 | |
| 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 | 17.94 | 39.09 | |
| Diluted earnings per share | 17.68 | 38.49 | |
| 23 | Debt equity ratio | 0.0 | 0.0 |
| 24 | Debt service coverage ratio | 0.0 | 0.0 |
| 25 | Interest service coverage ratio | 0.0 | 0.0 |
| 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 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 |
| 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 | 2,86,651.26 | |
| 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 | (1,99,316.95) | |
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |
| Adjustments for decrease (increase) in other current assets | (6,40,921.70) | |
| Adjustments for decrease (increase) in other non-current assets | (11,075.93) | |
| Adjustments for other financial assets, non-current | 3,201.68 | |
| Adjustments for other financial assets, current | 0.00 | |
| Adjustments for other bank balances | 2,49,682.18 | |
| Adjustments for increase (decrease) in trade payables, current | 1,254.21 | |
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |
| Adjustments for increase (decrease) in other current liabilities | 1,14,767.24 | |
| Adjustments for increase (decrease) in other non-current liabilities | 1,668.98 | |
| Adjustments for depreciation and amortisation expense | 5,754.17 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 6,472.05 | |
| Adjustments for provisions, current | (140.11) | |
| Adjustments for provisions, non-current | 1,557.01 | |
| Adjustments for other financial liabilities, current | 0.00 | |
| Adjustments for other financial liabilities, non-current | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 366.64 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for interest income | 0.00 | |
| Adjustments for share-based payments | 3,479.61 | |
| Adjustments for fair value losses (gains) | (1,44,307.38) | |
| Adjustments for undistributed profits of associates | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | (51,006.84) | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | (1,493.47) | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments for reconcile profit (loss) | (6,60,058.61) | |
| Net cash flows from (used in) operations | (3,73,407.35) | |
| Dividends received | (1,682.92) | |
| Interest paid | (644.39) | |
| Interest received | (13.88) | |
| Income taxes paid (refund) | 33,486.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities | (4,07,945.76) | |
| 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 | 3,80,062.68 | |
| Purchase of property, plant and equipment | 4,04,826.70 | |
| Proceeds from sales of investment property | 0.00 | |
| Purchase of investment property | 0.00 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 376.17 | |
| 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 | 1,682.92 | |
| Interest received | 13.88 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) investing activities | (23,443.39) | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 108.42 | |
| Payments from changes in ownership interests in subsidiaries | 0.00 | |
| Proceeds from issuing shares | 3,031.78 | |
| 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 | 1,05,178.69 | |
| Proceeds from borrowings | 4,80,010.52 | |
| Repayments of borrowings | 26,457.13 | |
| Payments of lease liabilities | 2,004.50 | |
| Dividends paid | 0.00 | |
| Interest paid | 644.39 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities | 5,59,223.39 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 1,27,834.24 | |
| 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 | 1,27,834.24 | |
| Cash and cash equivalents cash flow statement at beginning of period | 0.00 | |
| Cash and cash equivalents cash flow statement at end of period | 1,27,834.24 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | ||
| Date of end of reporting period | 30-09-2026 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 6,44,749.77 | ||
| Bank Balance other than (a) above | 5,82,764.87 | ||
| Derivative financial instruments | 12,262.58 | ||
| Receivables | |||
| (I) Trade Receivables | 5,96,768.99 | ||
| (II) Other Receivables | 6,729.33 | ||
| Loans | 18,89,986.45 | ||
| Investments | 13,89,364.13 | ||
| Other Financial assets | |||
| 1 | Other Financial assets | 62,152.46 | |
| 2 | Other Financial assets | 0.00 | |
| 3 | Other Financial assets | 0.00 | |
| 4 | Other Financial assets | 0.00 | |
| 5 | Other Financial assets | 0.00 | |
| Total of Other Financial assets | 62,152.46 | ||
| Total Financial Assets | 51,84,778.58 | ||
| 2 | Non Financial Asset | ||
| Inventories | 0.00 | ||
| Current tax assets (Net) | 3,465.81 | ||
| Deferred tax Assets (Net) | 948.74 | ||
| Investment Property | 0.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Property, Plant and Equipment | 76,474.47 | ||
| Capital work-in-progress | 11,839.54 | ||
| Intangible assets under development | 0.00 | ||
| Goodwill | 0.00 | ||
| Other Intangible assets | 3,561.17 | ||
| Other non-financial assets | |||
| 1 | Other non-financial assets | 25,258.15 | |
| 2 | Other non-financial assets | 0.00 | |
| 3 | Other non-financial assets | 0.00 | |
| 4 | Other non-financial assets | 0.00 | |
| 5 | Other non-financial assets | 0.00 | |
| Total of Other non-financial assets | 25,258.15 | ||
| Total Non Financial Assets | 1,21,547.88 | ||
| Total assets | 53,06,326.46 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 6,029.77 | ||
| Other equity | 15,48,052.57 | ||
| Total equity attributable to owners of parent | 15,54,082.34 | ||
| Non controlling interest | 670332000 | ||
| Total equity | 15,60,785.66 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | 4,503.73 | |
| (b) | Payables | 0.00 | |
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 1,684.49 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 5,57,240.75 | ||
| 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 | 19,74,071.91 | |
| (d) | Borrowings (Other than Debt Securities) | 7,10,170.25 | |
| (e) | Deposits | 0.00 | |
| (f) | Subordinated Liabilities | 0.00 | |
| Other financial liabilities | |||
| 1 | Other financial liabilities | 3,98,867.60 | |
| 2 | Other financial liabilities | 0.00 | |
| 3 | Other financial liabilities | 0.00 | |
| 4 | Other financial liabilities | 0.00 | |
| 5 | Other financial liabilities | 0.00 | |
| Total of Other financial liabilities | 3,98,867.60 | ||
| Total Financial Liabilities | 36,46,538.73 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 8,771.72 | |
| (b) | Provisions | 13,510.28 | |
| (C ) | Deferred tax liabilities (Net) | 61,586.70 | |
| Other non-financial liabilities | |||
| 1 | Other non-financial liabilities | 15,133.37 | |
| 2 | Other non-financial liabilities | 0.00 | |
| 3 | Other non-financial liabilities | 0.00 | |
| 4 | Other non-financial liabilities | 0.00 | |
| 5 | Other non-financial liabilities | 0.00 | |
| Total of Other non-financial liabilities | 15,133.37 | ||
| Total Non Financial Liabilities | 99,002.07 | ||
| Total liabilities | 37,45,540.80 | ||
| Total equity and liabilites | 53,06,326.46 | ||
| 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 | 01-07-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| 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 | 1. Wealth Management | 1,11,033.00 | 2,17,350.00 |
| 2 | 2. Capital Markets | 21,696.00 | 38,724.00 |
| 3 | 3. Asset and Private Wealth Management | 1,18,615.00 | 2,13,818.40 |
| 4 | 4. Home finance | 23,062.00 | 45,218.00 |
| 5 | 5. Treasury Investments | 62,386.00 | 1,93,311.00 |
| 6 | 6. Intersegment | (32,415.60) | (60,822.00) |
| Total Segment Revenue | 3,04,376.40 | 6,47,599.40 | |
| Less: Inter segment revenue | 0.00 | 0.00 | |
| Revenue from operations | 3,04,376.40 | 6,47,599.40 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | 1. Wealth Management | 23,744.00 | 45,379.17 |
| 2 | 2. Capital Markets | 11,395.00 | 21,531.15 |
| 3 | 3. Asset and Private Wealth Management | 52,234.00 | 95,358.23 |
| 4 | 4. Home finance | 4,665.00 | 8,888.06 |
| 5 | 5. Treasury Investments | 40,418.00 | 1,14,137.75 |
| 6 | 6. Intersegment | 811.00 | 1,356.06 |
| Total Profit before tax | 1,33,267.00 | 2,86,650.42 | |
| i. Finance cost | 0.00 | 0.00 | |
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |
| Profit before tax | 1,33,267.00 | 2,86,650.42 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | 1. Wealth Management | 35,61,787.91 | 35,61,787.91 |
| 2 | 2. Capital Markets | 29,117.03 | 29,117.03 |
| 3 | 3. Asset and Private Wealth Management | 4,99,311.77 | 4,99,311.77 |
| 4 | 4. Home finance | 6,72,640.09 | 6,72,640.09 |
| 5 | 5. Treasury Investments | 10,52,436.95 | 10,52,436.95 |
| 6 | 6. Intersegment | (5,08,967.57) | (5,08,967.57) |
| Total Segment Asset | 53,06,326.18 | 53,06,326.18 | |
| Un-allocable Assets | 0.00 | 0.00 | |
| Net Segment Asset | 53,06,326.18 | 53,06,326.18 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | 1. Wealth Management | 30,64,892.39 | 30,64,892.39 |
| 2 | 2. Capital Markets | 19,135.57 | 19,135.57 |
| 3 | 3. Asset and Private Wealth Management | 3,11,827.13 | 3,11,827.13 |
| 4 | 4. Home finance | 5,04,342.38 | 5,04,342.38 |
| 5 | 5. Treasury Investments | 23,500.72 | 23,500.72 |
| 6 | 6. Intersegment | (1,78,158.18) | (1,78,158.18) |
| Total Segment Liabilities | 37,45,540.01 | 37,45,540.01 | |
| Un-allocable Liabilities | 0.00 | 0.00 | |
| Net Segment Liabilities | 37,45,540.01 | 37,45,540.01 | |
| 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 | 01-07-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| 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 | 17455000 | 13959000 |
| 2 | (b) Changes in fair value gain/(loss) of FVOCI equity instruments | -132354000 | 2675894000 |
| Total Amount of items that will not be reclassified to profit and loss | -114899000 | 2689853000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (145.34) | 3,861.28 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | (a) Derivatives designated as cash flow hedge | -3020000 | -14628000 |
| Total Amount of items that will be reclassified to profit and loss | -3020000 | -14628000 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | (7.60) | (36.82) |
| 5 | Total Other comprehensive income | (1,026.25) | 22,927.79 |