profit from every ₹100 of sales.
₹0₹100
Motilal Oswal Financial Services
₹1,147.30+0.29% today
+36.0% since Dec 15, 25
1-year low ₹628.201-year high ₹1,147.30
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay ₹27.65 for every ₹1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Motilal Oswal Financial Services sold, what it kept, and what it did with the cash.
Sales went from ₹36.7 billion in 2022 to ₹64.4 billion in 2025, with ₹25.0 billion of profit last year.
SalesProfit
Motilal Oswal Financial Services handed back 32% of the cash it generated last year.
₹3.0B
Free cash flow 2025₹9.3B
Bought back its own shares–
Paid as dividends₹3.0B
Cash vs. debt₹65.9B vs. ₹147.3B
Motilal Oswal Financial Services vs. similar companies
Motilal Oswal Financial Services grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Motilal Oswal Financial Services | 27.7× · Fair price | ||
 Morgan Stanley | 17.4× · Fair price | ||
 The Goldman Sachs Group | 15.3× · Fair price | ||
 The Charles Schwab | 18.1× · Fair price | ||
 Interactive Brokers Group | 134.4× · Very expensive |
AI analysis
An AI analyst reads Motilal Oswal Financial Services's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 36,676 | 38,189 | 51,744 | 64,418 | |
| 19,534 | 20,329 | 27,917 | 35,265 | |
| 14,399 | 14,590 | 20,675 | 25,499 | |
| 21,158 | 18,625 | 41,150 | 45,783 | |
| 13,098 | 9,317 | 24,411 | 25,016 | |
| 22.10 | 15.67 | 162.92 | 41.00 | |
| 53.3% | 53.2% | 54.0% | 54.7% | |
| 39.3% | 38.2% | 40.0% | 39.6% | |
| 35.7% | 24.4% | 47.2% | 38.8% |
Balance sheet
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 169,233 | 230,099 | 318,292 | 339,871 |
| Cash | 21,375 | 25,763 | 52,857 | 65,925 |
| Total debt | 61,515 | 102,759 | 137,456 | 147,316 |
| Total liabilities | 112,227 | 167,268 | 230,605 | 228,563 |
| 56,744 | 62,522 | 87,318 | 110,793 | |
| 593 | 595 | 37 | 610 | |
| 13.1% | 8.2% | 13.5% | 13.0% | |
| 23.1% | 14.9% | 28.0% | 22.6% |
Cash flow
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,107 | -30,579 | -3,496 | 12,146 | |
| 545 | 1,538 | 1,508 | 2,843 | |
| 9,561 | -32,117 | -5,004 | 9,304 | |
| Dividends paid | 867 | 1,483 | 2,524 | 2,999 |
| 0 | 1,984 | 0 | – | |
| 240 | 290 | 249 | 588 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 27.7×
- –
- 1.21
- 4.5×
- 10.7×
- 3.6%
- 0.4%
Profitability
- 38.8%
- 13.0%
- 11.9%
- –
- –
Growth
- +20.7%
- +22.9%
- –
- +1.0%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 17%of 848
Top 19%of 736
Bottom 17%of 868
Top 23%of 867
Bottom 29%of 926
0.4%of the share price, paid each year
On $1,000 invested$4a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
12.0% of its profit
Room to growStretchedMore than it earns: 32.2%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
41No pass
Benjamin Graham
39No pass
Philip Fisher
72Pass
Peter Lynch
76Pass
Joel Greenblatt
32No pass
Charlie Munger
50No pass
Terry Smith
45No pass
Questions about Motilal Oswal Financial Services
Is Motilal Oswal Financial Services a good stock to buy?
A strong, very profitable business at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Motilal Oswal Financial Services AI analysis
What does Motilal Oswal Financial Services do?
Motilal Oswal Financial Services Limited offers financial services in India. It operates through Wealth Management, Capital Markets, Asset and Private Wealth Management, Home Finance, and Treasury Investments segments. It is in Capital Markets, based in Mumbai, India.
Does Motilal Oswal Financial Services pay a dividend?
Yes. At today's price the dividend is 0.4% a year, about 12% of its yearly profit. In 2025 it paid out ₹3.00 billion in dividends.
Is Motilal Oswal Financial Services stock halal?
Yes. Motilal Oswal Financial Services passes our halal screen: its business is permitted and its debt is 21% of its market value, under the 30% limit. How we check
Who are Motilal Oswal Financial Services's competitors?
The largest listed companies in the same industry are Morgan Stanley, The Goldman Sachs Group, The Charles Schwab and Interactive Brokers Group. The peers table on this page compares their profit, growth and price with Motilal Oswal Financial Services's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.