Motilal Oswal Financial Services Ltd Closing Price: Loading...
Motilal Oswal is a financial services firm that provides investment management, brokerage, and advisory services. It offers equity and derivative trading, wealth management, and mutual fund products. The firm also provides research and analysis to assist investors in making informed decisions.
Business Metrics
| Metrics | Value | Comment |
|---|---|---|
| Martket Cap | ₹37754 Cr | 4.8x of sales |
| PE | 13.5 | I/PE - 15 |
| Promotor Holding | 69% | Decreased |
| OPM | 58% | |
| Interest Coverage | 4.1 | Comfortable |
| Sales | ₹7896 Cr | |
| ROCE | 20.7% | |
| PAT | 2802Cr | TTM |
Concall Q1FY25 Highlights
Financial Highlights
- Consolidated profit after tax including OCI was Rs. 1,021 crore, up 52% YoY
- Consolidated operating net revenue was Rs. 1,133 crore, up 32% YoY
- Return on equity stood at 44%
- Consolidated operating profit after tax was Rs. 431 crore, up 41% YoY
- Assets under advice crossed Rs. 5 lakh crore
- AUM of 2.4L Cr, Fee Earning AUM (98k Cr) ~ 40%
Segment-wise Performance
Wealth Management Business
- Net revenue: Rs. 530 crore, up 42% YoY
- Profit after tax: Rs. 177 crore, up 69% YoY
- Assets under advice: Rs. 265,000 crore, up 105% YoY
- Distribution AUM: Rs. 26,171 crore, up 42% YoY
Capital Markets Business
- Net revenue: Rs. 134 crore
- Profit after tax: Rs. 57 crore
- Completed 7 investment banking deals with issue size of Rs. 5,400 crore
Asset & Private Wealth Management
- Net revenue: Rs. 385 crore, up 32% YoY
- Profit after tax: Rs. 157 crore, up 30% YoY
- Total AUM: Rs. 87,580 crore, up 70% YoY
Home Finance Business
- Profit: Rs. 28 crore
- AUM: Rs. 4,122 crore, up 9% YoY
- Disbursements: Rs. 252 crore, up 171% YoY
Future Expectations
- Transitioning broking and distribution business to wealth management
- Focus on providing holistic financial solutions and deeper client relationships
- Continuing to invest in digital capabilities and AI
- Maintain dividend payout of ~20% of operating profit
- Positive outlook on maintaining strong growth trajectory
Company Distribution Structure
- 76 branches
- 2059 Internal RMs
- 8818 External Wealth Managers
- 1.3mn Active clients
- INR 20L per client
- 24Cr Per RM, 126 Clients Per RM
The company appears optimistic about its future growth prospects, especially as it transitions more towards comprehensive wealth management services. They are investing in technology and expanding their product offerings to cater to evolving customer needs.