Motilal Oswal Financial Services Share Rise 2% Pist Q3Results & Corporate Actions 

Motilal Oswal Financial Services shares gained more than 2%, trading at Rs 815 on Tuesday. This led to Motilal Oswal among the top gainers in the midcap segment. Let’s analyse the yearly growth of this share and the financial results with corporate actions.

Motilal Oswal Financial Services Share Grows 21% In 1 Year

On January 28, after the financial results were announced, Motilal Oswal's shares increased from Rs. 732.10 (on January 27) to Rs. 790.15 (on January 28), an increase of approximately 7.9%.

The share price consolidated after this spike and has recently closed near Rs. 785, an approximate 7.2% increase while comparing price before the results.

Over the past year, Motilal Oswal Financial Services has gained around 21% YoY.

During this period, the price moved up from the Rs. 600-620 range, reached an all-time high at Rs. 1,000 and later on had a correction near to Rs.750- Rs. 800 zone.

 At current levels, the company is valued at a market capitalisation of roughly Rs. 47000 cr, with a P/E ratio of about 23.6x and a dividend yield of nearly 0.76%. 

Overall, the 1-year price chart shows positive returns with visible volatility, shaped by financial performance, valuation levels and corporate actions.

Financial Snapshot

A)Consolidated Quarterly Results

In the Quarterly report, revenue for Motilal Oswal Financial Services was Rs. 1998 crore in December 2024, Rs. 1,190 crore in March 2025, and then a sharp increase to Rs. 2,737 crore in June 2025. In September 2025, revenue decreased to Rs.1,849 crore and in December 2025, it increased once more to Rs. 2,111 crore. 

Similar patterns were seen in total income, which increased from Rs. 2002 crore in December FY24 to Rs. 1208 crore in March FY25, peaked at Rs. 2744 crore in June FY25, and ended the year at Rs. 2120 crore.

EBIT, which measures operating performance, was Rs. 1043 crore in December FY24, Rs. 271 crore in March FY25, Rs. 1700 crore in June FY25, Rs. 822 crore in September FY25, and Rs. 1084 crore in December FY25. 

EBIT margins peaked at 62% in June 2025 after ranging from 22% in March 2025 to 51% in December 2025. EPS went from Rs. 9.43 to -Rs. 1.08 and back to Rs. 9.42 during the same period. 

Net profit increased to Rs. 566 crore in December FY24 to a loss of Rs.63 crore in March FY25, before rising to Rs. 1,155 crore in June FY25 and closing at Rs.566 crore in December FY25.

B)Consolidated Yearly Results

The consolidated yearly report of Motilal Oswal Financial Services shows that revenue climbed 18% YoY from Rs.7067.77 cr in FY24 to Rs. 8339.05 cr in FY25, while total income grew at a similar rate to Rs.8417 cr.

While the EBIT margin decreased from roughly 56.7% to 53.8%, EBIT increased from Rs. 4046 crore to Rs. 4524 crore. 

As a result of changes in the equity base during FY25, net profit increased marginally from Rs. 2445.62 crore to Rs. 2508.18 cr, while EPS decreased from Rs. 164.63 to Rs. 41.83.

Cash Flow Statement

In FY23 and FY24, cash from operating activities of  Motilal Oswal Financial Services was negative. For FY25, cash generated from operating activities improved to Rs. 1214 cr.

Cash used for Investing Activities in FY25 was Rs. 1077 crore, compared to inflows from Investing Activities in both FY23 and FY24 due to additional cash used to invest in growth for the business.

While cash provided from Financing Activities was high for FY23 and FY24, cash provided from Financing Activities was also reduced to Rs. 745 crore in FY25.

Peak cash inflows were achieved in FY24 at Rs. 2709 crore. However, cash inflows decreased to Rs. 882 crore in FY25. Nevertheless, cash balances generated from operations were positive during all 3 years.

Balance Sheet

Motilal Oswal Financial Services' total balance sheet size increased from Rs. 23,009 cr to Rs. 33,987 cr between FY23 and FY25. The largest YoY increase was recorded in FY24, while the expansion was comparatively slower in FY25.

Due to a shift in the equity base during the year, the share capital increased to Rs. 59 crore in FY25 after remaining constant at Rs.14 cr in FY23 and FY24.

 The rise in current liabilities was the main cause of the significant increase in total liabilities, which went from Rs. 23009 cr in FY23 to Rs. 31829 cr in FY24. With current liabilities falling and other liabilities rising, total liabilities in FY25 reached Rs. 33987 cr.

 Current assets increased to Rs. 32,760 cr from Rs. 22162 cr in FY23 to Rs. 30899 cr in FY24 and FY25. Over the course of the period, fixed assets increased gradually, suggesting consistent additions.

 As the size of the balance sheet expanded overall, contingent liabilities rose gradually from Rs. 3296 cr in FY23 to Rs. 4000 cr in FY25.

Corporate Actions

Motilal Oswal Financial Services received an ICRA ESG Impact rating of 76 (Good) and has been able to assess its performance across various measures of environmental, social and governance.

On 28 Jan. 2026, Motilal conducted a conference call to discuss the company's Q3 and 9M FY26 financial results.

The company also keeps shareholders engaged via earnings calls and the posting of transcripts and audio recordings of those calls on the company’s website.

Over the last few years, Motilal has declared a number of interim dividends to shareholders.

The company has declared: 

• Rs.14 per share on Feb. 24, 2024

• Rs.5 per share on Jan. 25, 2025

• Rs.6 per share on Jan. 25, 2026. 

In addition, the company completed a 3:1 bonus share issue in June of 2024, increasing the total number of outstanding shares. 

The company completed a stock split in 2008, which decreased the face value of its shares from Rs. 5 to Rs. 1.