Broker's call: Divi's Lab (Buy)
Motilal OswalDivi's Lab (Buy)Target: 6,050CMP: 4,875.9Divi's Laboratories delivered in line Q2-FY22 earnings led by strong off-take in the Custom Sy08-11-2021
08-11-2021
Markets To Remain Positive In Samvat 2078, Says Motilal Oswal
With the economic cycle picking up, we expect the corporate earnings growth to revive as well, Mr Oswal said.04-11-2021
Samvat 2077 set to see markets post their best gains in over a decade
Motilal Oswal expects certain pockets of large-caps to be well-poised for sharp earnings improvement. It believes real estate is on the cusp of an upcycle with several supporting factors such as low interest rates, benign prices, rising affordability and low home ownership in India02-11-2021
Time to shift part of portfolio from outperforming stocks to some defensive ones
Given the sharp run-up and premium valuations along with multiple global concerns, we would suggest investors to remain cautious, said Siddhartha Khemka of Motilal Oswal Financial Services30-10-2021
Motilal Oswal Financial Services Ltd - 532892 - Certificate On Utilisation Of Proceeds Of Commercial Paper(S) And Adherence To Listing Conditions
Pursuant to Securities and Exchange Board of India (SEBI) Circular no. SEBI/HO/DDHS/DDHS/CIR/P/2019/115 dated October 22, 2019 read with circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 ('Circulars'),we hereby certify that proceeds of below mentioned listed Commercial Paper(s), issued during quarter ended September 30, 2021, are been utilized for purposes disclosed in disclosure document and we have adhered to other listing conditions as specified in Annexure I of aforesaid Circular:- Sr. No. ISIN Date of Allotment Quantity Redemption/ Maturity Date 1. INE338I14CL5 July 29, 2021 7000 December 27, 2021 2. INE338I14CN1 September 09, 2021 6000 December 08, 2021 3. INE338I14CM3 September 09, 2021 2500 March 09, 2022 4. INE338I14CQ4 September 20, 2021 7500 September 27, 2021 5. INE338I14CP6 September 20, 2021 2000 December 15, 202129-10-2021
Motilal Oswal Financial Services Ltd - 532892 - Grant Of Employee Stock Options
We wish to inform the Exchange that the Nomination and Remuneration Committee of the Company at its Meeting held on October 28, 2021, have granted 26,59,172 Stock Options to eligible employees under the 'Motilal Oswal Financial Services Limited - Employee Stock Option Scheme ('ESOS-IX') of the Company. Kindly take the same on record.29-10-2021
Motilal Oswal share price rises on record quarterly profit at Rs 536 crore in Q2
The company reported Rs 536 crore in consolidated net profit for the quarter to September, a full 81 percent growth year-on-year and the highest ever quarterly profit.29-10-2021
Q2FY22 Quarterly Result Announced for Motilal Oswal Financial Services Ltd.
Highlights for the quarter and half year ended September 30, 2021: In Q2FY22, consolidated revenues grew by 46% YoY at Rs 10.94 bn Consolidated PAT grew by 81% YoY to Rs 5.36 bn including gains on investments (Rs 2.67 bn) Operating profit (excluding gains on investments) for the quarter was Rs 2.7 bn, +118% YoY In H1FY22, Consolidated revenues grew by 42% YoY at Rs 19.53 bn consolidated PAT grew by 63% YoY at Rs 7.58 bn. Operating profit for the half year was at Rs 4 bn, +76% YoY. Capital market business PAT + 52% YoY and Asset & Wealth +226% led by +44% AMC, +88% Wealth Management and 12x growth in Private Equity business driven by strong profit on exit of investment. Speaking on the performance of the company, Mr. Motilal Oswal, MD & CEO said “All of our businesses has delivered strong & sustainable performance in H1FY22. Last financial year was a landmark year for us with highest ever revenues and profits. This year also we are witnessing similar trend and we delivered highest ever quarterly & half yearly operating profit. 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 with its knowledge driven phygital offerings. Our Institutional Broking business has been ranked #1 as local brokerage house in Asiamoney poll 2020. Our strategy to invest business profits in our own equity investment products has registered highest ever profits and as result our Net worth has touched new high. Moreover, our strategy to diversify our business model towards linear sources of earnings continues to deliver results. Our Asset Management business is likely to gain from process driven investing and its niche offerings. Our Housing finance business is geared up for profitable growth. Each of our 7 businesses offers headroom for growth.“ Result PDF29-10-2021
Motilal Oswal Financial Services Ltd - 532892 - Announcement under Regulation 30 (LODR)-Investor Presentation
This is with reference to our earlier letter(s) dated October 19, 2021 regarding Earnings Conference Call with Institutional Investor(s)/Analyst(s) for discussing Q2FY2021-22 Financial Performance of the Company. In this regard, please find enclosed herewith the Presentation to be made to Investor(s) /Analyst(s). Further, the said Presentation along with con-call transcript will be made available at the Company's website i.e. www.motilaloswalgroup.com.28-10-2021
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Unaudited Financial Results (Consolidated And Standalone) For The Quarter & Half Year Ended September 30, 2021
Pursuant to the provisions of Regulation 33, Regulation 52 and Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') (as amended from time to time), we hereby inform the Exchange that the Board of Directors ('Board') of the Company at its Meeting held on Thursday, October 28, 2021 has, inter alia, approved the Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter and half year ended September 30, 2021. In this regard, please find enclosed herewith the Unaudited Financial Results (Consolidated and Standalone) for the quarter & half year ended September 30, 2021 along with Limited Review Report(s) issued by the Statutory Auditors and Press Release for the quarter & half year ended September 30, 2021.28-10-2021