Motilal Oswal Financial Services Limited — Q2FY27 earnings call summary

Filed 06 November 2026 · Official transcript

Group targets sustainable 20% Profit CAGR and 20% ROE driven by integrated capital market businesses
Variable Additional Returns ₹106 crore this quarter; expected to grow with fund maturities
Custodian license received; operations to start Q4FY27 but no material FY28 contribution expected
Broking market share improved to 7.9% in Q2FY27; MTF book growth supports cash market share
AMC to launch SIF around Q4FY27; alternates business expanding with new commercial real estate fund
Operating PAT grew 29% YoY to ₹718 crore; Asset & PWM businesses grew 43% YoY, now 58% of PAT
AMC AUM at ₹2.23 Lakh crore with 32% CAGR over 5 years; 99% funds outperformed benchmarks
Private Wealth AUM grew 58% YoY to ₹2.96 Lakh crore; 443 RMs with 33% vintage over 3 years