Motilal Oswal Financial Services Ltd - Stock Valuation and Financial Performance

BSE: 532892 | NSE: MOTILALOFS | Finance - Stock Broking | Mid Cap

Motilal Oswal Fin Share Price

947.50 -27.60 -2.83%
as on 04-Nov'24 15:31

DeciZen - make an informed investing decision on Motilal Oswal Fin

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Motilal Oswal Financial Services stock performance -

mw4me loader
P/E Ratio (SA):
29.16
Market Cap:
58,477.7 Cr.
52-wk low:
241.3
52-wk high:
1,063.4

Is Motilal Oswal Financial Services Ltd an attractive stock to invest in?

1. Is Motilal Oswal Financial Services Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Motilal Oswal Financial Services Ltd is a good quality company.

2. Is Motilal Oswal Financial Services Ltd undervalued or overvalued?

The key valuation ratios of Motilal Oswal Financial Services Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Motilal Oswal Financial Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Motilal Oswal Financial Services Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Motilal Oswal Fin:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Motilal Oswal Financial Services Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 11.1%8.3%8.7%25.1%13%7.9%20.3%17%12.9%21.5%-
Value Creation
Index
-0.2-0.4-0.40.90.0-0.40.50.30.00.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1291101321,3551,2821,1112,1982,5792,6664,5405,825
Sales YoY Gr.--14.4%19.6%928.6%-5.4%-13.3%97.9%17.3%3.4%70.3%-
Adj EPS 1.10.81.56.95.63.312.811.99.62533.5
YoY Gr.--24.1%84.2%355.6%-19.3%-40.2%285.5%-7.4%-18.8%160%-
BVPS (₹) 10.310.411.640.643.94660.870.173.897.8122.1
Adj Net
Profit
60.546.887.53993241977517075691,4902,005
Cash Flow from Ops. -255286-48.7487306784-660879-1,332-493-
Debt/CF from Ops. -1.71.4-9.42.64.61.8-3.22.5-2.8-13.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 48.6%28.8%27.4%70.3%
Adj EPS 41.8%35.1%25%160%
BVPS28.5%17.4%17.2%32.5%
Share Price 33% 40.6% 60.1% 274.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
11813.926.413.27.523.918.313.329.230.5
Op. Profit
Mgn %
7881.596.746.642.928.550.239.836.249.554.1
Net Profit
Mgn %
4742.466.429.425.317.734.227.421.332.834.4
Debt to
Equity
0.80.70.70.50.60.50.60.50.91.20
Working Cap
Days
1,5541,607982240454493316362379365627
Cash Conv.
Cycle
000-168-320-429-708-726-698-658176

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 30.50%

Sales growth is growing at healthy rate in last 3 years 27.36%

Net Profit is growing at healthy rate in last 3 years 25.02%

Sales growth is good in last 4 quarters at 85.90%

Debt to equity has increased versus last 3 years average to 1.15

Latest Financials - Motilal Oswal Financial Services Ltd.

Standalone Consolidated
TTM EPS (₹) 33.5 56.6
TTM Sales (₹ Cr.) 5,825 9,008
BVPS (₹.) 122.1 184.9
Reserves (₹ Cr.) 7,249 11,010
P/BV 8.00 5.28
PE 29.16 17.28
From the Market
52 Week Low / High (₹) 241.25 / 1063.40
All Time Low / High (₹) 10.90 / 1063.40
Market Cap (₹ Cr.) 58,478
Equity (₹ Cr.) 59.9
Face Value (₹) 1
Industry PE 25.9

Management X-Ray of Motilal Oswal Fin:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Motilal Oswal Fin

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Income1311111331,3591,3131,1482,2252,6172,6934,598
Interest Income1291101321,3551,2821,1112,1982,5792,6664,540
Other Income 3114313727382758
Expenditure 6658178539209541,2601,7531,9672,806
Interest Expense 3030593104129128162217442
Operating Expenses 2523117307257881,0921,5451,7042,281
Provisions 116130903740464684
Exceptional Items 00-28000-88000
Profit Before Tax 6553885063941948768647251,792
Taxes 57010770-3126157156302
Profit After Tax 6047873993241977517075691,490
Adjusted EPS (₹)1.10.81.56.95.63.312.811.99.625.0
Dividend Payout Ratio (%)70%106%41%31%38%30%20%21%26%14%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Equity Capital5755936692,3812,5942,7643,6164,2424,4545,916
Share Capital 14141415151515151515
Reserves 5615796552,3672,5792,7493,6024,2274,4395,901
Minority Interest0000000000
Long Term Borrowings2291871143343055468631,1069201,061
Current Liabilities 3303183762,3882,8083,2165,0746,0519,27014,704
Trade Payables0009761,1461,5672,7983,4463,1665,186
Short term borrowings2932482581,0601,2201,2801,7791,7933,6916,697
Other Liabilities-293-248-258-1,862-2,366-2,846-4,577-5,239-6,858-11,883
Total Liabilities 1,1341,0991,1595,2775,7066,5269,55411,39914,64321,682

Assets

Non Current Asset 5877187323,1453,2074,2414,7755,3135,2836,904
Loan Asset 0000000000
Other Non Current Asset 5877187323,1453,2074,2414,7755,3135,2836,904
Current Asset 5473814272,1322,4992,2864,7786,0869,36014,777
Current Investment00802881812370000
Other Current Asset5473813471,8442,3172,0484,7786,0869,36014,777
Total Assets 1,1341,0991,1595,2775,7066,5269,55411,39914,64321,682

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -255286-49487306784-660879-1,332-493
Cash Flow From Investing Activity 0-90-106-289-100-295111-35730-487
Cash Flow From Financing Activity 260-9049-181-132-70443-531,2122,828
Net Cash Flow 4106-1061775419-106469-901,848
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)436282213514738100
DPS (₹)34399410101014
BVPS (₹)414246162176184243280295391

Performance Ratios

ROA (%)6.44.27.812.45.93.29.36.84.48.2
ROE (%)11.08.013.926.413.27.523.918.313.329.2
ROCE (%)11.18.38.725.113.07.920.317.012.921.5

Valuation Parameters

Price/Book(x)7.06.515.76.23.42.72.63.12.14.3

Motilal Oswal Financial Services Ltd Stock News

Motilal Oswal Financial Services Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Motilal Oswal Fin on 04-Nov-2024 15:31 is ₹947.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Nov-2024 15:31 the market cap of Motilal Oswal Fin stood at ₹58,477.7.
The latest P/E ratio of Motilal Oswal Fin as of 04-Nov-2024 15:31 is 29.16.
The latest P/B ratio of Motilal Oswal Fin as of 04-Nov-2024 15:31 is 8.00.
The 52-week high of Motilal Oswal Fin is ₹1,063.4 and the 52-week low is ₹241.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Motilal Oswal Fin is ₹5,825 ( Cr.) .

About Motilal Oswal Financial Services Ltd

Motilal Oswal Financial Services Limited is a public limited company and incorporated under the provisions of Companies Act.  The Company is registered with Securities and Exchange Board of India (SEBI) under the Stock brokers and sub brokers Regulations, 1992 and is a member of Bombay Stock Exchange Limited, National Stock Exchange of India Limited, Multi Commodity Exchange of India Ltd. and National Commodity and Derivatives Exchange Limited. It is registered with Central Depository Services (India) Limited and National Securities Depository Limited in the capacity of Depository Participant and also registered with SEBI in capacity of Research Analyst and Investment Advisor.

Business area of the company

Motilal Oswal Financial Services offers a range of financial products and services, such as wealth management, retail broking and distribution, institutional broking, asset management, commodity broking, private equity, investment banking, and principal strategies. The company acts as a stock broker and commodities broker to execute proprietary trades and also trades on behalf of its clients which include retail customers (including high net worth individuals), mutual funds, foreign institutional investors, financial institutions and corporate clients.

Services offered by the company

  • Equity/ Derivatives
  • Commodities
  • Currency
  • Mutual Funds
  • Insurance
  • IPO/Bonds/FD
  • ME Gold
  • PMS
  • Invest in US equities
  • Dedicated advisory
  • SIP through Whatsapp
  • Portfolio Restructuring 
  • 24X7 Chat Service
  • Loan aginst Portfolio
  • ICICI Bank Loan Services

Applications

Investors Platforms

  • Web Platform
  • Mobile Application
  • Smartwatch

Trader Platform

  • Web Platform
  • Mobile Application
  • EXE Platform

Awards

  • 2007- Motilal Oswal is rated ‘Best Overall Country Research’ for a Local Brokerage in the 2007 AsiaMoney Brokers poll.  
  • 2007- It was rated India’s top broking house in terms of total number of trading terminals by the Dun & Bradstreet survey.
  • 2007- The company was ranked second best for Customer Responsiveness in the Financial Sector at the Avaya Global Connect Customer Responsiveness awards.
  • 2011 - Motilal Oswal Financial Services Ltd. was honoured with Best Capital Markets & Related NBFC Award for FY11 at the CNBC TV18 India Best Banks and Financial Institutions Awards, 2011 held in Mumbai.
  • 2012 - Motilal Oswal Financial Services won the RETAILER OF THE YEAR (Banking & Financial Services) award at the Awards for Retail Excellence 2012 organised by Asia Retail Congress on Feb 14, 2012.
  • 2012-Motilal Oswal Financial Services was honoured with ‘Best Employer Brand’ Award at the IPE Banking, Financial Services & Insurance Awards 2012 held in Mumbai on 30th June 2012.
  • 2012- Motilal Oswal Financial Services was awarded the Best Use of Public Relations in the Financial Services Sector Award at the India PR & Corporate Communication Awards 2012 held in New Delhi on March 22, 2012. Organized by Exchange4media, these are the biggest awards of its kind in India.
  • 2013- Motilal Oswal Group has exposure on National Spot Exchange Ltd (NSEL) of Rs 253.92 crore.
  • 2013- Company's Subsidiary, Motilal Oswal Securities bagged the Best Performing Equity Broker (National) Award at CNBC TV18 Financial Advisor Awards 2013 held in Mumbai.
  • 2014- Company's Subsidiary, Motilal Oswal Securities has been awarded the ‘Best Performing National Financial Advisor
  • 2014- Equity Broker’ at the UTI-CNBC TV18 Financial Advisor Awards for the fourth year in a row
  • 2014- The Subsidiary of the Company, Motilal Oswal Securities wins the 'Best Research as Research Showcase Partner' at RESEARCHBYTES IC AWARDS 2014.
  • 2014- The Subsidiary of the Company, Motilal Oswal Securities Ltd wins 'Best Local Brokerage for Trading and Execution' at Trade Asia Magazine Awards held on 13th November 2014 at Hongkong
  • 2015- The website of Motilal Oswal Financial Services Ltd (MOFSL) has changed from motilaloswal.com to motilaloswalgroup.com.
  • 2017- Consistently won high ranks in prestigious award forums like Asiamoney
  • 2018- No.1 ranking in events, conference and roadshows in Asia Money 2018 ranking
  • 2018- No. 3 in three research categories, sales trading and overall sales in Asia Money 2018 ranking
  • 2019- MOFSL gets inducted in the HALL OF FAME at the 10 Financial Advisor Awards
  • 2019- Ranked No. 1 in Overall Sales, Sales Trading & Corporate Access and No. 2 in Best Local Brokerage awards category at Asia Money Brokers Poll 2019
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