TL;DR
Motilal Oswal Home financing Limited (MOHFL) is the housing financing subsidiary of Motilal Oswal Group. The finance group has reported a standalone net profit of Rs 32.46 crore. These Q1FY27 numbers are higher 35.87% YoY from Rs.23.89 crore in Q1 FY 26.
Introduction
Motilal Oswal Home Finance Limited showed a marginal decrease of ~5.8% YoY in the revenue. The total operating revenue amounted to Rs.221.45 crore. This figure is lesser if you look at revenue accounted for in FY26 as Rs.234.76 crore.
But the positive signals are that the profit growth has outpaced the top line because of strict cost control. Apart from that, the company also reduced impairment charges and increased operational effectiveness to bring the massive impact.
The home loan AUM increased 23% year over year to Rs. 6,164 crore, while the asset quality and capital adequacy remained strong at about 37.8% CRAR. A 64% increase in disbursements supports it.
About Motilal Oswal Home Finance Limited
Firm parentage: MOHFL is a subsidiary of Motilal Oswal Financial Services Limited (MOFSL). MOFSL is the flagship leader in the Motilal Group. It is a diversified listed financial services player which is popular for its services like wealth management, brokerage, asset management and institutional advisory services.
Core mission: The company’s business strategy is focused on financial inclusion and enable homeownership for lower and middle income group. Their idea is to assist first time homebuyers and the underserved self-employed segment who majorly lack documentation.
Geographic reach: Until last December 2025, MOHFL scaled out its branch network to 126 branches, from around 112-113 branches in previous years. The expansion in in over 12 states in Western, North-Central and Southern India.
Q1 FY27 Financial Results Highlights
Metric | Q1 FY27 | Q1 FY26 | YoY Change |
Net Profit (PAT) | Rs.32.46 crore | Rs.23.89 crore | +35.87% |
Profit Before Tax (PBT) | Rs.42.22 crore | Rs.31.99 crore | +32.0% |
Revenue from Operations | Rs.221.45 crore | Rs.234.76 crore | -5.8% |
Total Income | Rs.221.56 crore | — | — |
Interest Income | Rs.202.34 crore | — | Up sequentially from Rs.195.44 crore in Q4 FY26 |
Employee Benefit Expenses | Rs.56.14 crore | — | Moderate increase |
EPS | Rs.0.05 | Rs.0.04 | +25% |
Source: Business Standard dated Aug 03, 2026
AUM and Disbursement Growth
Metric | Q1 FY27 | YoY Growth |
Housing Loan AUM | Rs.6,164 crore | +23% |
Disbursements | Rs.646 crore | +64% |
Quarterly PAT Trend (Housing Finance Segment)
Quarterly | PAT (Rs. Crore) | YoY Growth |
Q1 FY26 | ~24 | -19% |
Q2 FY26 | ~34 | +27% |
Q3 FY26 | ~42 | +12% |
Q4 FY26 | ~59 | +61% |
Q1 FY27 | 32.46 | +35.87% |
Motilal Oswal Home Finance Limited Share Price
Factors that Contributed the Growth for Motilal Oswal Home Finance
Cost discipline over aggressive landing: Total expenses stayed controlled despite higher finance costs, letting profit growth far outspace revenue growth.
Rising disbursement momentum: A 64% YoY jump in disbursements reflects renewed origination in retail housing and LAP products.
Improved credit profile: CRISIL’s upgrade to AA+ lowers MOHFL’s future borrowing costs, a tailwind for margins going forward.
Group level tailwind: Parent MOFSL flagged housing finance as a key growth driver alongside asset management, with management guiding for 25-30% AUM growth and 30-32% bottom line growth annually.
What Management Has to Say
Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Home Finance Services noted that the housing finance business has stabilized after early challenges, with a new management team in place. He indicated that the segment is targeting 25-27% AUM growth with 30-32% profit growth going forward, while avoiding overly aggressive expansion.
Risks to Watch
Pressure on Net interest margins if funding/borrowing costs stay elevated.
Intensifying competition for quality borrowers in the affordable housing segment.
Credit quality trends as the loan book scales up.
Sensitivity to interest rate movements affecting landing spreads.
Conclusion
Motilal Oswal’s Home Finance Limited Q1 FY27 results highlights profitability and asset quality over aggressive growth. The 35.87% YoY jump in standalone net profit, alongside a strong capital buffer, low NPAs, and credit rating upgrades signal improved earnings quality even as topline revenue moderated slightly.
MOHFL is still a modest but structurally improving element of the larger Motilal Oswal group story, even though the housing finance AUM is currently under Rs. 6,500 crore and management is aiming for sustainable growth of 25–30%.
FAQs
What is Motilal Oswal Home Finance net profit in Q1FY27 versus FY26?
Standalone net profit climbed to 35.87%. Net profit Q1FY27 stands at Rs 32.46 crore versus Rs 23.89 crore in June 2025.
Did MOHFL’s revenue also grow in Q1FY27?
No, revenue from operations declined about 5.85%.
How is MOHFL’s asset quality?
It is healthy. The gross NPA stands at 1.08% and Net NPA at 0.64% as of June 30, 2026. Both are below typical housing finance industry averages.
What products did Motilal Oswal Home Finance Offer?
The company offers home purchase loans, home construction loans, loans against property, and top-up plans. These are mainly for retail and affordable housing customers.
