Motilal Oswal Profit Surges 10% to Rs 1,273 Crore in Q1 FY27

Motilal Oswal Financial Services announced its financial results for the first quarter of FY27, reporting a consolidated net profit of Rs 1,273 crore. This represents a near 10% increase compared to the Rs 1,162 crore earned in the same period last fiscal year. The company's revenue from operations surged by over 25% year-on-year to Rs 3,426 crore.

The asset management business was a key driver, with its profit climbing 73% to Rs 245 crore, now contributing 40% to the firm's overall profit after tax. Total assets under management (AUM) expanded by 31% year-on-year, surpassing Rs 2.12 lakh crore. The private wealth management segment also demonstrated strong growth, with Annual Recurring Revenue (ARR) rising 42% to Rs 157 crore and AUM increasing by 37%.

Motilal Oswal highlighted its consistent growth, citing a 10-year track record of 33% Operating PAT CAGR and 28% Earnings Per Share CAGR. The company emphasized that this growth has been achieved through internal accruals without any dilution, alongside consistent dividend payouts and share buybacks. Crisil recently upgraded the company's long-term credit rating to AA+ Stable, recognizing the resilience of its business model and focus on annuity revenues.