Motilal Oswal Financial Services Ltd (NSE:MOTILALOFS)
₹ 888 +6 (+0.68%) Market Cap: 536.48 Bil Enterprise Value: 605.14 Bil PE Ratio: 27.53 PB Ratio: 4.15 GF Score: 93/100

Q3 2025 Motilal Oswal Financial Services Ltd Earnings Call Transcript

Jan 29, 2025 / 06:30AM GMT
Release Date Price: ₹670.6 (+3.81%)

Key Points

Positve
  • Motilal Oswal Financial Services Ltd (BOM:532892) achieved a significant milestone by servicing over 10 million customers, indicating strong market presence.
  • The company's operating revenue for Q3 FY25 increased by 43% year-on-year to INR1,345 crores, showcasing robust growth.
  • Assets under advice crossed the INR6 lakh crore mark, up by 62% year-on-year, reflecting strong asset management performance.
  • The Wealth Management business saw a 67% year-on-year growth in total assets under advice, reaching INR308,000 crores.
  • The Asset Management business reported a 362% year-on-year increase in gross flows, demonstrating strong momentum and distribution network expansion.
Negative
  • The company experienced a decline in market share for cash ADTO and F&O premium due to market corrections and regulatory changes.
  • The lending book in Wealth Management and Private Wealth Management showed a marginal dip, linked to market volatility.
  • The Private Wealth Management business saw a dip in overall assets due to mark-to-market adjustments, despite positive net flows.
  • The broking industry faces challenges from increased compliance costs and norms, potentially impacting smaller players.
  • The Housing Finance business reported a 15% year-on-year growth in AUM, which may be considered modest compared to other segments.
Operator

Ladies and gentlemen, good day, and welcome to the Q3 FY25 earnings conference call of Motilal Oswal Financial Services Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Manish Kayal. Thank you, and over to you, sir.

Manish Kayal
Motilal Oswal Financial Services Ltd - Head - Investor Relations

Thank you, Rio. Good afternoon, and a warm welcome to all the participants to Motilal Oswal Financial Services Limited earnings call to discuss the results for Q3 and nine months FY25 period. I'm Manish Kayal. I look up the investor relations in the firm.

We hope that you have got an opportunity to go through our investor deck and the press release uploaded on stock exchanges yesterday and also on our website. We have also uploaded the Excel data book on our website that has the operational and financial numbers.

Before we proceed with this call, please note that today's discussion may include forward-looking statements, and these forward-looking statements are tentative

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