Motilal Oswal This autumn Outcomes: Cons loss widens YoY to Rs 221 crore however working PAT grows 25% on 125% income surge
The brokerage had reported a web revenue of Rs 566 crore within the October-December quarter of FY26. All revenue figures are attributable to the house owners of the dad or mum.
Nevertheless, MOFSL’s working revenue after tax (PAT) surged 25% YoY to Rs 661 crore versus Rs 527 crore in Q4FY25 whereas rising 8% on a sequential foundation in comparison with Rs 611 crore in Q3FY26. The complete-year working PAT stood at Rs 2,360 crore, rising 16% YoY led by robust development within the Asset & Non-public Wealth Administration (PWM) enterprise.
The topline noticed a 27% sequential development in comparison with Rs 2,112 crore in Q3FY26.
Key takeaways:
— Asset Administration (Together with Alternates): PAT grew by 63% YoY to Rs 249 crore in This autumn, whereas rising 55% YoY to Rs 798 crore in FY26.
— Complete belongings below administration (AUM) grew by 32% on YoY foundation at Rs 1.76 lakh crore, pushed by stellar Mutual Fund AUM development of 31% and Non-public Alternates AUM development of 104%. FY26 Web MF Flows market share greater than AUM market share at 6.6% and a pair of.7% respectively, the corporate’s submitting to the exchanges mentioned.
— SIP inflows surged 78% YoY to Rs 16,479 crore with market share of 4.7%. Closed IBEF Fund V increase of Rs 8,350 crore, almost 2X of its final fund raised.
— MOFSL executed first shut of maiden personal credit score fund in January 2026 with fund increase of Rs 1,700 crore, focusing on complete increase of Rs 3,000 crore.
— Non-public Wealth Administration: This autumn PAT grew by 18% YoY to Rs 88 crore with web flows rising by 66% to Rs 5,535 crore. For FY26, PAT grew by 15% to Rs 368 crore with web flows rising by 41% to Rs 20,154 crore. AUM was up 36% YoY to ₹1.97 lakh Cr, pushed by household acquisitions and better RM productiveness.
— Wealth Administration: PAT grew by 7% YoY to Rs 204 crore in This autumn and de-grew by 7% to Rs 727 crore for FY26. This autumn brokerage income grew by 33% YoY.
— Capital Markets: PAT grew 12% YoY to Rs 75 crore in This autumn and grew 30% YoY to Rs 336 crore in FY26.
— Housing Finance: PAT grew 61% YoY to Rs 59 crore in This autumn and 22% YoY to Rs 159 crore in FY26. AUM grew 19% YoY to Rs 5,829 crore.
.
— Treasury ebook grew 12% YoY to Rs 9,403 crore, delivering alpha of 5% for the 12 months FY26. Ebook grew at 40% CAGR led by robust IRRs and reinvestment of working income. FY26 Complete PAT (incl OCI) of ₹2,043 Crs is decrease than Working PAT resulting from Treasury ebook’s Mark-to-Market accounting.
(Disclaimer: The suggestions, strategies, views, and opinions given by the consultants are their very own. These don’t symbolize the views of The Financial Occasions.)
