Mumbai, July 24: Motilal Oswal Financial Services Ltd.reported its highest-ever quarterly Total PAT of INR 1,513 Cr including Other Comprehensive Income in Q1FY27. This is led by strong growth in Asset Management business.
Segmental Operating Profit After Tax Highlights
|
Particulars (₹ Cr)
|
Q1FY27
|
Q1FY26
|
YoY (%)
|
Q4FY26
|
QoQ (%)
|
|
Asset Management (AMC & MO Alternates) & Private Wealth Management
|
335
|
230
|
46%
|
337
|
(1%)
|
|
Wealth Management (Retail)
|
161
|
173
|
(7%)
|
204
|
(21%)
|
|
Capital Market (Institutional Equities & Investment Banking)
|
76
|
101
|
(25%)
|
75
|
1%
|
|
Housing Finance
|
32
|
24
|
36%
|
59
|
(45%)
|
|
|
|
|
|
|
|
|
Operating PAT*
|
609
|
534
|
14%
|
661
|
(8%)
|
|
Total PAT
|
1,513
|
1,430
|
6%
|
(393)
|
–
|
Q1FY27 Business Highlights:
- Asset Management PAT grew by 73% YoY to ₹ 245Cr in Q1 FY27 and is now the largest contributor to PAT at 40%. Total Asset Under Management grew by 31% on YoY basis at ₹2.12 lakh Cr.
- AMC (Mutual Funds , Portfolio Management Services& Alternate Investment Funds Net Mutual Fund Flows market share at 4.2% is higher than AUM market share at 2.9%; Systematic Investment Plan inflows surged 16% YoY to ₹4,064 Cr with market share of 4.3%. AUM grew by 26% on YoY basis to ₹1.90 Lakh cr.
- MO Alternates AUM grew by 99% on YoY basis. Executed 2nd close of our maiden Private Credit Fund with a raise of ₹2,435 Cr, targeting total raise of ₹3,000 Cr soon.
- Private Wealth Management : Q1FY27 ARR revenue grew by 42% on YoY basis to ₹157 Cr. Net Flows grew by 37% to ₹3,929 Cr led by AUM growth of 37% on YoY to ₹2.4 lakh Cr. Relationship Managers base up by 26% to 441. Q1 PAT up 2% on lower TBR.
- Wealth Management (Retail): Strong ascent on growing annuity streams – ARR revenue grew by 26% on YoY basis to ₹304 Cr. Distribution book grew by 29% to ₹45,575 Cr on YoY basis. Loan book grew by 33% to ₹7,388 Cr on YoY basis. Q1 brokerage revenue grew by 6% YoY. Overall Average Daily Turnover Market share is strong at 7.6% in Q1.
- Capital Markets: Fee income up 48% QoQ. Ranked #2 on Qualified Institutional Placement and Initial Public Offer league table for Q1FY27.
- Housing Finance: PAT grew 36% YoY to ₹ 32 Cr in Q1. Disbursement grew by 64% to ₹646 Cr. AUM grew 23% YoY to Rs. 6,164 Cr. Pristine asset-quality with Gross Non-Performing Assets & Net Non-Performing Assets at 1.1% and 0.6% respectively.
- Treasury book grew 22% YoY to ₹10,482 Cr. Historically, the book witnessed Compounded Annual Growth Rate of 41% since inception led by strong Internal Rate of Return and reinvestment of operating profits.
- Crisil upgraded our long-term credit rating to AA+ Stable. This reflects the strength of our franchise and the resilience of our business model which are designed to deliver sustainable growth across market cycles.
- Focus on annuity revenues have led to a contribution of 66%, improving quality and predictability of business.
- MOFSL’s 10-year track record of 33% Operating PAT CAGR, Earnings Per Share CAGR of 28% and average Return on Equity of 23% has been delivered entirely through internal accruals with no dilution. During the same period, Net Worth CAGR is 25% after 3 buy backs and consistent dividend payouts, entirely through internal accruals.
Motilal Oswal Financial Services Limited is the largest integrated capital market player with strong and rising rankings across businesses with each business still offering a strong growth runway. The rise in wealth to over USD 100 Tn combined with financialisaton of savings are powerful tailwinds for us and MOFSL is widening its presence by entering promising adjacencies in each of our businesses.