Motilal Oswal Financial Services Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.7%.
The historical rank and industry rank for Motilal Oswal Financial Services's Operating Margin % or its related term are showing as below:
NSE:MOTILALOFS'
s Operating Margin % Range Over the Past 10 Years
Min: 31.6 Med: 39.38 Max: 49.32
Current: 42.98
NSE:MOTILALOFS's Operating Margin % is ranked better than 78.46% of 664
companies
in the Capital Markets industry
Industry Median: 6.955
vs NSE:MOTILALOFS: 42.98
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Motilal Oswal Financial Services Operating Margin % Related Terms
Motilal Oswal Financial Services Operating Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:MOTILALOFS vs MS, GS, SCHW: Operating Margin % Comparison
For the Capital Markets subindustry, Motilal Oswal Financial Services's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Motilal Oswal Financial Services Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Motilal Oswal Financial Services's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Motilal Oswal Financial Services's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Motilal Oswal Financial Services (NSE:MOTILALOFS) has a Operating Margin % of 5.26% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Motilal Oswal Financial Services and its competitors. This is 87% below median its historical median of 39.38. Over the past decade, Motilal Oswal Financial Services' Operating Margin % has ranged from 31.60 to 49.32. According to the industry distribution chart, Motilal Oswal Financial Services ranks #143 out of 664 companies in the Capital Markets industry, placing it in the top 21.5%.
Is Motilal Oswal Financial Services' Operating Margin % too high?
Motilal Oswal Financial Services' current Operating Margin % of 5.26% is 87% below median its 10-year median of 39.38. Over the past 10 years, this metric has ranged from a low of 31.60 to a high of 49.32. The Capital Markets industry median Operating Margin % is 6.96. Motilal Oswal Financial Services' value of 5.26% is 24.4% below this industry median. Based on the distribution chart, Motilal Oswal Financial Services ranks #143 out of 664 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Motilal Oswal Financial Services has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Motilal Oswal Financial Services' Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Motilal Oswal Financial Services ranks #143 out of 664 companies for Operating Margin %. This places Motilal Oswal Financial Services in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.96. Motilal Oswal Financial Services' value of 5.26% is 24.4% below this benchmark. Historically, Motilal Oswal Financial Services' own Operating Margin % has ranged from 31.60 to 49.32 over the past decade. While the company's 10-year median is 39.38 vs. the industry median of 6.96, Motilal Oswal Financial Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Motilal Oswal Financial Services's current Operating Margin % of 5.26% is 24.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Motilal Oswal Financial Services and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motilal Oswal Financial Services's current Operating Margin % is 5.26%, which is 87% below median its own 10-year median of 39.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motilal Oswal Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Motilal Oswal Financial Services (NSE:MOTILALOFS) is currently considered Fairly Valued. The stock's GF Value™ is ₹958.26, compared to a current price of ₹935.15 — trading 2.4% below its estimated fair value. The current Operating Margin % is 5.26%, which is 87% below median its 10-year median of 39.38 and 24.4% below the Capital Markets industry median of 6.96. Motilal Oswal Financial Services' overall GF Score™ is 91/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Motilal Oswal Financial Services (NSE:MOTILALOFS), the current Operating Margin % is 5.26% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Motilal Oswal Financial Services (NSE:MOTILALOFS) Overvalued in 2026?
Based on GuruFocus' analysis, Motilal Oswal Financial Services stock appears to be undervalued.
The current stock price of ₹935.15 is trading 2.4% below its estimated GF Value™ of ₹958.26.
GuruFocus considers Motilal Oswal Financial Services to be Fairly Valued.
Key valuation signals for NSE:MOTILALOFS:
Operating Margin %: 5.26% (87% below median its 10-year median of 39.38)
GF Value™: ₹958.26 vs. price of ₹935.15 (2.4% below fair value)
Industry Position: 24.4% below the Capital Markets median (#143 of 664)
No single metric tells the full story. See the NSE:MOTILALOFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Motilal Oswal Financial Services Business Description
Motilal Oswal Financial Services Ltd provides a range of financial services, including private wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking, and home finance. The group majorly generates revenue through its broking operations. Its broking and distribution segment offers research-based advisory services to help retail customers across India make investment decisions. The services cover various asset classes and investment types, such as mutual funds and insurance products.
91GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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