Conference Call with Motilal Oswal Financial Services Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Capital Markets company Motilal Oswal Financial Services announced Q1FY26 results Consolidated net operating revenue grew by 24% YoY to Rs 1,412 crore. Consolidated PBT margins robust at 49%. Consolidated Total PAT is up 40% on YoY basis to Rs 1,430 crore. Consolidated operating PAT is up 21% on YoY basis to Rs 522 crore. Wealth Management business reported PAT of Rs 174 crore. Asset & Private Wealth Management business PAT at Rs 224 crore, is up by 43% on YoY. Capital market business recorded PAT of Rs 94 crore, is up by 64% YoY. Housing finance business PAT at Rs 23 crore (post minority). Robust Net worth of Rs 12,537 crore as of June 30, 2025, is up 28% YoY. Annualised ROE for Q1FY26 robust at 48%. Motilal Oswal, MD & CEO, said: “Q1FY26 has been a landmark quarter for us, delivering the highest-ever PAT of Rs 1,430 crore, with exceptional performance across all our businesses. Our AMC crossed Rs 1.5 Lakh crore AUM, Private Wealth Management business delivered highest revenue ever, Housing Finance scaled Rs 5,000 crore AUM, and Capital Markets delivered their best-ever quarter driven by strong deal execution. These results reflect the depth of group’s expertise across capital markets (retail to institutional) and the enormous opportunity arising from India’s accelerating financialisation of savings. I firmly believe this is a multi-decade growth story, and Motilal Oswal Financial Services is strategically positioned to be a long-term value creator. We are well-placed to scale further with a full-spectrum capital markets platform powered by in-depth research, strong client relationships & individualised advisory, and a robust balance sheet. We remain equally committed to investing in technology, enhancing client experience, and delivering consistent performance across market cycles.” Result PDF