Motilal Oswal Share: Profit **16%** Bhaga, Dividend Bhi **20%** Up! Kya Hai Poori Kahani?

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AuthorAarav Shah|Published at:
Motilal Oswal Share: Profit **16%** Bhaga, Dividend Bhi **20%** Up! Kya Hai Poori Kahani?
Overview

Arre suno, Motilal Oswal ne Q3 mein kamaal kar diya! Unka operating profit **16%** badh kar **₹611 crore** tak pahunch gaya. Iske peeche sabse bada reason hai unke Asset Management aur Private Wealth Management business ka strong performance.

📉 Numbers Pe Kholo!

Motilal Oswal Financial Services (MOFSL) ne Q3FY26 mein jabardast performance dikhaya hai! Company ka operating profit after tax 16% saal-dar-saal badh kar ₹611 crore ho gaya. Ye growth primarily unke Asset and Private Wealth Management divisions ki wajah se hai, jinhone collectively group ke operating profit mein 50% se zyada contribution diya aur 32% YoY growth record kiya.

Aur suno, agar aap employee benefits wale ₹14.4 crore ke exceptional item ko hata dein, toh underlying PAT growth 18% YoY tha, jo aur bhi mazedaar hai. Company toh pichhle 10 saalon se 31% ke CAGR se grow kar rahi hai, yaar! Aur predictable income ka source, matlab consolidated ARR, ab total net revenue ka 65% ho gaya hai, jo future stability ke liye achha sign hai.

💰 Dividend Ka Dhamaka

Investor ke liye sabse achhi khabar - Company ne ₹6 per share ka interim dividend declare kiya hai, jo pichhle saal se 20% zyada hai! Matlab shareholders ko khush rakhna inki priority hai.

📈 AUM Ka Khel

Jab AUM (Assets Under Management) ki baat aati hai, toh MOFSL ne phir se prove kiya hai:

  • Asset Management (AMC + Alternates): AUM 33% badh kar ₹1.89 lakh crore ho gaya. Mutual fund AUM market share 2.7% par aa gaya aur SIP flows ₹4,500 crore cross kar gaye, jo pichhle saal se 1.5x hai!
  • Private Wealth Management: AUM 31% badh kar ₹1.95 lakh crore ho gaya, aur ab 8,200+ families inki services use kar rahi hain.
  • Housing Finance: AUM 24% badh kar ₹5,379 crore ho gaya.

Company ka operating ROE lagbhag 24% aur overall ROE 26% hai, aur net worth ₹13,000 crore se upar hai. Management ka kehna hai ki India ke financial boom se fayda uthayenge aur naye products jaise private credit bhi launch karenge.

🚩 Risks Aur Aage Kya?

Sab kuch itna bhi smooth nahi hai. Wealth Management ka PAT flat raha YoY, jiska matlab hai ki wahan improvement ki zaroorat hai. Housing Finance mein Gross NPA 1.4% aur Net NPA 0.9% hai, jise monitor karna hoga. Aur market volatility se transaction-based revenues par impact pad sakta hai.

Agli baar, investors ko naye funds aur ARR growth par nazar rakhni chahiye. Company apne integrated model se India ke badhte financial markets ka fayda uthane ke liye taiyar hai aur expect karti hai ki market se tez grow karegi.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.