Motilal Oswal Financial Services Limited is a well-established Indian financial services company, founded in **1987** by Motilal Oswal and Raamdeo Agrawal. What began as a small sub-broking operation has evolved into a comprehensive financial services powerhouse, serving millions of customers across India.
The company has positioned itself as a well-diversified financial services firm, offering a wide array of financial products and services. These include **Private Wealth, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, and Home Finance**. The equity shares of Motilal Oswal Financial Services are listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India.
Today, Motilal Oswal Financial Services operates as a multi-faceted financial services company with a significant presence in **over 550 cities through 2500+ business locations**, managed by a team of over 12,500 employees. The company's client base has grown substantially to approximately **7.3 million at the end of June 2024**, demonstrating its strong market penetration and customer trust.
Motilal Oswal Financial Services (MOFSL) has established itself as a **top full-service broker with the highest gross brokerage revenue** as of March 2023. The company serves retail clients across **98% of India's pin codes** through a robust online platform, mobile applications, and extensive business channels.
As of June 2025, Motilal Oswal Financial Services has a **market capitalization of ₹512.25 billion (approximately ₹55,038 Crore)**. The company has demonstrated strong financial performance, reporting a **revenue of ₹8,340 Crore** and a **profit of ₹2,508 Crore**, with promoter holding at 68.4%.
Key financial highlights include:
* **FY25 Net Profit:** For the full year ended March 2025, net profit rose **2.48% to ₹2,501.64 Crore** compared to ₹2,441.06 Crore in the previous year.
* **FY25 Sales:** Sales rose **17.69% to ₹8,290.41 Crore** in the year ended March 2025, against ₹7,044.11 Crore in the previous year.
* **CAGR:** The company has delivered steady revenue and profit growth, achieving a **25% CAGR from FY2021 to December 2023**.
* **Assets Under Management (AUM):** The company manages an AUM of **₹4.4 lakh Crore as of December 2023**.
The company operates through multiple diversified business segments that collectively contribute to its comprehensive financial services ecosystem. It operates through **Capital Market, Fund Based Activities, Asset Management and Advisory, and Home Finance segments**.
The company offers a wide range of broking and distribution services, including equities, derivatives, commodities, currencies, mutual funds, insurance products, and other investment products. It also provides primary equity offerings, depository, portfolio management, and asset management services.
In July 2025, Motilal Oswal AMC crossed **₹1.5 lakh Crore AUM**, achieving a **34% CAGR over 5 years** with a strong mutual fund flow share. The company established its mutual fund business in January 2010 through Motilal Oswal Asset Management Company (MOAMC).
The company provides private wealth management services, which include equity, credit, estate planning, and property advisory services, alongside home loans.
Research forms the solid foundation upon which MOFSL's advice is based. Approximately **10% of revenue is invested in equity research**, and the company focuses on hiring and training top resources to become expert advisors. Currently, the company has **25+ research analysts** researching over 250 companies across 20 sectors.
The company is renowned for its proprietary **"QGLP" (Quality Growth Longevity & favorable Price) Investment Process** and its distinct **'Buy Right, Sit Tight' investing philosophy**.
The **Motilal Oswal RISE App** is a cutting-edge platform specifically designed to empower financial advisors and partners. It provides tools for seamless client management, portfolio tracking, and real-time market insights, enabling users to offer personalized investment advice effectively.
The company is led by its founders, **Motilal Oswal and Raamdeo Agrawal**, whose expertise and entrepreneurial spirit continue to drive its growth. Their strategic vision and deep market insights provide MOFSL with a competitive advantage in implementing strategies and managing stakeholder relationships.
Motilal Oswal Financial Services was featured in the **Forbes Super 50 Companies in 2017** and has received numerous awards from prominent Indian news organizations, including ET Now, CNBC TV18, and Zee Business.
The company has established strategic partnerships with major banks to offer online trading services to customers, including **State Bank of India (2006), Punjab National Bank (2007), and Axis Bank (2013)**.
Motilal Oswal Financial Services continues to strengthen its position as one of India's leading financial services companies, effectively combining traditional investment wisdom with modern technology and comprehensive service offerings to cater to its diverse client base.
