Spandana Q4 Review - Earnings Inline; Net Interest Margin Sees Strong Expansion: Motilal Oswal
Headline asset quality improved but forward flows continued30-04-2024
30-04-2024
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Publication Of The Addendum To The Prospectus
We hereby enclosing the Addendum to the Prospectus.29-04-2024
Why Motilal Oswal Is Bullish On Telecom Stocks
A recovery is in the offing in India's telecommunications sector, with potential tariffs hikes and a shift to high-speed networks set to bolster revenue, according to a top-performing fund manager.29-04-2024
Motilal Oswal net profit soars, to issue bonus shares
The company's revenue from operations soared by 108% to 2,141.3 crore from 1,027.4 crore in the previous year. For FY24, the company posted a consolidated net profit of 2,446 crore, reflecting a 161% growth over the previous fiscal year. The board has approved the issuance of three bonus shares for every one share.27-04-2024
Motilal Oswal Financial Services Results Earnings Call for Q4FY24
Conference Call with Motilal Oswal Financial Services Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.26-04-2024
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is with reference to our earlier letter dated April 19, 2024 regarding intimation of Earnings Conference Call with Investor(s)/Analyst(s) on April 26, 2024 to discuss financial performance for Q4 FY 2023-24. In this regard, pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') (as amended from time to time), we wish to inform the Exchange that the audio recording of the said con-call is made available on the Company's website i.e. www.motilaloswalgroup.com. The Link of the audio recording is as follows: https://www.motilaloswalgroup.com/downloads/audioFile/1565040366MOT0720240426152335.mp326-04-2024
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Announcement under Regulation 30 (LODR)-Investor Presentation
We hereby enclosing the Investor Presentation on the financial performance of the Company for Q4 2023-2426-04-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Motilal Oswal Financial Services Ltd.
Capital Markets company Motilal Oswal Financial Services announced Q4FY24 & FY24 results: Financial Highlights: Consolidated PAT (Profit After Tax) including OCI (Other Comprehensive Income): For FY24: Rs 2,626 crore; achieving the highest ever profits for the company. For Q4FY24: Rs 625 crore. Demonstrated a robust Consolidated Return on Equity (ROE) of 35%. Consolidated Operating Revenue: For FY24: Rs 5,075 crore, marking an increase of 33% YoY. For Q4FY24: Rs 1,569 crore, witnessing a 60% increase YoY and a 29% increase QoQ. Consolidated Operating PAT (Profit After Tax): For Q4FY24: Rs 495 crore, up by 66% YoY and 30% QoQ. For FY24: Rs 1,535 crore, up by 38% YoY. Operating Return on Equity (ROE): 25%. Capital Markets Business: Q4FY24 PAT: Rs 251 crore, up 68% YoY and 23% QoQ. FY24 PAT: Rs 803 crore, a 47% increase YoY. Asset & Wealth Management Businesses: Strong growth with PAT for Q4FY24 at Rs 210 crore, up 79% YoY and 46% QoQ. PAT for FY24 at Rs 607 crore, marking a 34% growth YoY. Housing Finance Business: PAT for Q4FY24 at Rs 31 crore. PAT for FY24 at Rs 129 crore. Net Worth: As of March 31, 2024, a robust net worth of Rs 8,732 crore, up 40% YoY. Achieving a 10-year Net Worth Compound Annual Growth Rate (CAGR) of 22%. Bonus Issue Declaration: Announced 3 bonus shares for every 1 fully paid-up equity share. Speaking on the performance of the company, Motilal Oswal, MD & CEO said, "38% growth in FY24 Operating PAT to 1,535 crore and Consolidated PAT of 2,626 crore is a testimony to the structural tailwinds in our core businesses of capital markets and asset & wealth management. Capital market business remains significantly underpenetrated with most exciting 5 years ahead of us. Our presence in 98% of pin codes & 6% cross-sell ratio provides us with a ready base and headroom to grow our distribution business. With 95% of MOAMC strategies outperforming the benchmark, turnaround in Gross & Net Sales, presence across MF & Alternates, focus on equities and launch of new products, AMC business should once again take the growth leadership for MOFSL. Huge investments in our Wealth management business, strengthening of leadership across regions & functions combined with the wealth effect under way should all come together to make this business our next growth engine. HFC business reported 0.4% Net NPA and focus is back on growth with sales team doubled in FY24 and set to doubled again in FY25, paving way for doubling of disbursements. Such synchronized tailwinds and growth runways across our businesses are drivers to our large investments in talent, brand building and infrastructure. The unique twin engine of highly growth-high RoE Operating businesses and 18+% XIRR on treasury management has resulted in a Consolidated RoC of 35%, fueling undiluted growth and healthy payouts since our listing in 2007." Result PDF26-04-2024
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Grant Of ESOP
The Nomination and Remuneration Committee of the Board of the Company at its Meeting held on April 26, 2024 has granted 1,00,617 Stock Options to eligible employees.26-04-2024
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Corporate Action-Board recommends Bonus Issue
The Board has approved issuance of 3:1 Bonus Shares of the fully paid-up Equity Share of the Company.26-04-2024