NNextResearch
Sign up

Motilal Oswal Financial Services MOTILALOFS

Diversified capital-markets group: full-service and discount broking, wealth (private wealth), asset management (Motilal Oswal AMC, PMS/AIF) and investment banking

Mapped in 1 theme: Capital Markets.

From publicly available information

Where Motilal Oswal Financial Services sits in the supply chain

Motilal Oswal Financial Services appears in 4 supply-chain layers in one theme, Capital Markets.

Capital Markets › Investment banks & institutional equities

Operator

Other companies in this layer

JM FinancialIIFL Capital ServicesNuvama Wealth ManagementEquirus Capital (unlisted)Kotak Mahindra Bank
View in the 3D map →

Capital Markets › Asset managers (AMCs)

Operator

Other companies in this layer

SBI Funds Management (SBI Mutual Fund)ICICI Prudential Asset ManagementHDFC Asset ManagementNippon Life India Asset ManagementAditya Birla Sun Life AMCUTI Asset ManagementCanara Robeco Asset ManagementJio Financial Services
View in the 3D map →

Capital Markets › Retail brokers

Operator

Other companies in this layer

Groww (Billionbrains Garage Ventures)Angel OneZerodha (unlisted)5paisa CapitalIIFL Capital ServicesKotak Mahindra Bank
View in the 3D map →

Capital Markets › Wealth managers

Operator

Other companies in this layer

360 ONE WAMNuvama Wealth ManagementAnand Rathi WealthIIFL Capital ServicesJM Financial
View in the 3D map →

Revenue and profit

₹ CrFY22FY23FY24FY25FY26
Revenue4,2984,1787,0698,3409,381
Net profit1,3129352,4462,5081,872

Latest-year revenue ₹9,381 Cr (FY26, company-wide).

Strengths

  • Exposure across almost every layer - broking, wealth, AMC, IB
  • Motilal Oswal AMC's mid/small-cap funds have gathered large flows
  • Large treasury book of own fund investments

Risks

  • Treasury gains (mark-to-market) swing reported profit with markets
  • F&O curbs hit the broking arm
  • Fund performance concentrated in a few momentum-style schemes

Common questions

What does Motilal Oswal Financial Services do?

Diversified capital-markets group: full-service and discount broking, wealth (private wealth), asset management (Motilal Oswal AMC, PMS/AIF) and investment banking.

Where does Motilal Oswal Financial Services sit in the supply chain?

Motilal Oswal Financial Services (NSE: MOTILALOFS) is mapped in 4 supply-chain layers: Investment banks & institutional equities (Capital Markets), Asset managers (AMCs) (Capital Markets), Retail brokers (Capital Markets) and Wealth managers (Capital Markets).

Who are Motilal Oswal Financial Services' peers?

In the Retail brokers layer of Capital Markets: Groww (Billionbrains Garage Ventures), Angel One, Zerodha (not NSE-listed), 5paisa Capital, IIFL Capital Services and Kotak Mahindra Bank.

What is Motilal Oswal Financial Services' market cap and valuation?

As of 6 Nov 2026: market cap ₹66,460 Cr, P/E 24.6x, ROCE 12.7%, ROE 15.5%, dividend yield 0.54%.