Motilal Oswal Financial Services (MOTILALOFS) Q4 23/24 earnings summary

Executive summary

• Achieved record consolidated revenue of ₹7,13,052 lakhs in FY 2023-24, up 70% YoY, with consolidated PAT (including OCI) at ₹2,62,602 lakhs, up 197% YoY.

• Strong performance across all business segments: capital markets, asset & wealth management, and housing finance.

• Maintained robust capital adequacy, strong liquidity, and high credit ratings across group entities.

Financial highlights

• Consolidated revenue grew 70% YoY to ₹7,13,052 lakhs; standalone revenue rose to ₹4,59,670 lakhs.

• Consolidated PAT (including OCI) reached ₹2,62,602 lakhs, up from ₹88,520 lakhs in FY23.

• EBITDA margin at 50%, profit before tax margin at 43%, consolidated ROE at 35%.

• EPS (basic) at ₹164.63, diluted EPS at ₹162.91.

• Net worth increased to ₹8,71,687 lakhs; book value per share at ₹586.00.

• Dividend of ₹17 per share (₹3 final for FY23, ₹14 interim for FY24).

Outlook and guidance

• Confident in continued growth across all business segments, with focus on scaling asset & wealth management and expanding housing finance.

• Committed to strategic objectives of sustained growth, business diversification, and operational excellence.

• Ongoing investments in technology, talent, and infrastructure to support future expansion.