Q4FY22 Quarterly Result Announced for Motilal Oswal Financial Services Ltd.
Motilal Oswal Financial Services declares Q4FY22 result: Motilal Oswal Financial Services reports highest ever operating PAT of Rs 9.05 bn, +69% YoY in FY22 and Rs 2.62 bn, +41% YoY in Q4FY22 Performance for the quarter and year ended March 31, 2022: In Q4FY22, consolidated revenues grew by 21% YoY at Rs 11.0 bn, Consolidated PAT stood at Rs 3.0 bn including gains on investments. Operating profit (excluding gains on investments & PE share of profit on investment) for the quarter was highest ever at Rs 2.62 bn, +41% YoY. In FY22, Consolidated revenues grew by 33% YoY at Rs 40.5 bn, consolidated PAT stood at Rs 13.1 bn. Operating profit for the FY22 was highest ever at Rs 9.05 bn, +69% YoY. All business continues to demonstrate stellar performance- Capital market business PAT 68% YoY; Asset & Wealth +31% YoY led by +14% YoY AMC, +116% YoY Wealth Management and +46% YoY Private Equity business. Housing finance business reported highest ever profit. Speaking on the performance of the company, Mr. Motilal Oswal, MD & CEO said "All of our businesses have delivered strong & sustainable performance in Q4FY22 & FY22. This was 2" consecutive year of highest ever performance in terms of Revenue, Profit and AUM. Our retail broking business which is our cash cow business has achieved new highs on various parameters and benefitting from market expansion and industry consolidation. Our Institutional Broking business has been ranked #1 local brokerage house consecutively for 2" year in Asiamoney poll 2021. Our strategy to invest business profits in our own equity investment products yielded strong returns and as a result our Net worth has touched new high. Moreover, our strategy to diversify our business model towards linear sources of earnings continue to deliver results. Our Asset Management business is likely to gain from process driven investing and its niche offerings. Our Wealth Management business has delivered stellar performance this year and on its way to achieve scale in this business. Our PE business has delivered on both successful exit of its investment and fund raise of its largest ever fund. Our Housing finance business has witnessed turnaround by registering highest ever profitability ond now geared up for sustainable growth. Each of our 7 businesses offers headroom for growth." Result PDF28-04-2022
