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Motilal Oswal Financial Services Limited (IN:MOTILALOFS)
:MOTILALOFS
India Market
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Motilal Oswal Financial Services Limited (MOTILALOFS) AI Stock Analysis

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IN:MOTILALOFS

Motilal Oswal Financial Services Limited

(MOTILALOFS)

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Neutral 60 (OpenAI - Gpt-5.6Sol)
Rating:60Neutral
Price Target:
₹1,129.00
▲(30.38% Upside)
Action:Reiterated
Date:07/25/26
The score is driven primarily by solid financial performance (strong revenue growth and profitability) but is held back by rising leverage and historically volatile cash generation. Technicals add caution due to weak near-term trend (below 20/50DMA with low RSI), while valuation is only average with a moderate P/E and low dividend yield.
Positive Factors
Diversified financial-services platform
A broad mix of capital-markets, wealth and asset-management activities gives MOFSL multiple avenues to earn fees, commissions and spreads. Diversification across clients and products can support resilience when activity weakens in any single business and provides cross-selling opportunities.
Negative Factors
Rising leverage
Increasing debt and debt-to-equity above 1x indicate meaningful reliance on borrowing, which can reduce financial flexibility over the next several quarters. Higher leverage may constrain capital allocation and amplify pressure on earnings if market conditions weaken or funding becomes less favorable.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified financial-services platform
A broad mix of capital-markets, wealth and asset-management activities gives MOFSL multiple avenues to earn fees, commissions and spreads. Diversification across clients and products can support resilience when activity weakens in any single business and provides cross-selling opportunities.
Read all positive factors

Motilal Oswal Financial Services Limited (MOTILALOFS) vs. iShares MSCI India ETF (INDA)

Motilal Oswal Financial Services Limited Business Overview & Revenue Model

Company Description
Motilal Oswal Financial Services Limited is an India-based company delivering a broad spectrum of financial solutions. Its operations span several key areas including broking, fund management, asset management and advisory, investment banking, and...
How the Company Makes Money
MOFSL primarily earns revenue by providing financial services and charging fees, commissions, and spreads across multiple business lines. Key revenue streams typically include: (1) Broking and trading-related income: brokerage fees and transaction...

Motilal Oswal Financial Services Limited Financial Statement Overview

Summary
Strong and accelerating revenue growth with healthy profitability, but the latest year shows net income declining despite higher revenue. Balance sheet leverage is elevated and rising, and cash flow history is volatile (negative in 2023–2024, then recovery), which increases risk and reduces consistency.
Income Statement
78
Positive
Balance Sheet
62
Positive
Cash Flow
45
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue98.79B94.16B64.42B51.74B38.19B36.68B
Gross Profit49.92B51.12B35.26B27.92B20.33B19.53B
EBITDA30.42B25.83B45.78B41.15B18.63B21.16B
Net Income19.80B18.69B25.02B24.41B9.32B13.10B
Balance Sheet
Total Assets464.65B434.68B339.87B318.29B230.10B169.23B
Cash, Cash Equivalents and Short-Term Investments113.26B134.83B104.98B127.51B88.37B39.79B
Total Debt217.94B212.55B147.32B137.46B102.76B61.52B
Total Liabilities319.70B305.16B228.56B230.60B167.27B112.23B
Stockholders Equity144.29B128.88B110.79B87.32B62.52B56.74B
Cash Flow
Free Cash Flow-23.76B14.29B9.30B-5.00B-32.25B9.56B
Operating Cash Flow-23.45B15.01B12.15B-3.50B-30.58B10.11B
Investing Cash Flow-10.34B-43.00B-10.77B-2.47B-2.87B-4.47B
Financing Cash Flow7.83B61.50B7.45B33.06B37.84B2.82B

Motilal Oswal Financial Services Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price865.95
Price Trends
50DMA
972.29
Positive
100DMA
941.39
Positive
200DMA
860.11
Positive
Market Momentum
MACD
13.52
Negative
RSI
62.15
Neutral
STOCH
72.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MOTILALOFS, the sentiment is Positive. The current price of 865.95 is below the 20-day moving average (MA) of 1015.38, below the 50-day MA of 972.29, and above the 200-day MA of 860.11, indicating a bullish trend. The MACD of 13.52 indicates Negative momentum. The RSI at 62.15 is Neutral, neither overbought nor oversold. The STOCH value of 72.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MOTILALOFS.

Motilal Oswal Financial Services Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
₹108.81B18.94―0.87%-4.46%-19.71%
67
Neutral
₹118.86B11.49―2.61%-2.59%-5.88%
62
Neutral
₹268.85B26.60―1.67%9.28%3.02%
60
Neutral
₹648.26B32.44―0.56%14.81%-29.13%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹10.94B26.67――-1.44%-31.76%
49
Neutral
₹128.35B18.06―1.12%16.27%44.44%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:MOTILALOFS
Motilal Oswal Financial Services Limited
1,065.75
149.20
16.28%
IN:5PAISA
5paisa Capital Ltd.
349.40
2.10
0.60%
IN:ANGELONE
Angel One Limited
302.55
84.99
39.06%
IN:EDELWEISS
Edelweiss Financial Services Limited
133.85
22.33
20.03%
IN:IIFLCAPS
IIFL Capital Services Ltd
346.45
49.71
16.75%
IN:JMFINANCIL
JM Financial Limited
124.85
-48.50
-27.98%

Motilal Oswal Financial Services Limited Corporate Events

Motilal Oswal Posts Record Q1 Profit as Asset Management Drives 14% Operating PAT Growth
Jul 23, 2026
Motilal Oswal Financial Services reported its highest-ever quarterly total profit after tax of ₹1,513 crore in Q1 FY27, with operating PAT up 14% year-on-year to ₹609 crore, driven primarily by a 73% PAT surge in its asset management b...
Motilal Oswal Posts Record Quarterly Profit on Surge in Asset Management
Jul 23, 2026
Motilal Oswal Financial Services reported its highest-ever quarterly profit, with total PAT including OCI reaching ₹1,513 crore in Q1 FY27, driven primarily by a 73% year-on-year surge in asset management PAT and strong growth in assets unde...
Motilal Oswal Holds 21st AGM, Highlights Governance and Virtual Shareholder Participation
Jul 14, 2026
Motilal Oswal Financial Services Limited, a leading Indian financial services provider in brokerage, wealth and asset management, operates across the country’s capital markets, catering to retail and institutional investors. Listed on BSE an...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 25, 2026