Motilal Oswal Q4FY26 Concall Transcript Released; Highlights Strong Growth & Future Outlook
Motilal Oswal Financial Services released its Q4FY26 earnings call transcript. FY26 operating profit grew 16% to ₹2,360 crore, with Q4 seeing a 25% rise. AUM reached ₹3.7 lakh crore, up 34%. The company raised $1 billion for its growth capital fund and completed 52 deals worth ₹83,600 crore in FY26. Housing finance disbursements grew 28% to ₹2,291 crore.
The announcement details significant financial growth, strategic business developments, credit rating upgrades, and future growth strategies across multiple business verticals, which are material for investors.
The transcript indicates strong financial performance with consistent growth across key business segments, positive outlook, and successful fundraising and deal closures. Management commentary reflects confidence in future prospects.
Motilal Oswal Financial Services Limited (MOFSL) has released the transcript of its Earnings Conference Call held on April 30, 2026, to discuss the financial performance for Q4 and FY 2025-26. The company highlighted its strong operating performance, with FY26 operating profit after tax growing by 16% YoY to ₹2,360 crore, driven primarily by the Asset and Private Wealth Management businesses, which now contribute around 50% of the total operating profit. The fourth quarter saw a robust 25% growth in operating profit after tax. MOFSL's long-term credit rating was upgraded to AA+, the highest ever for a non-bank domestic capital market player in India.
The Asset Management and Private Wealth Management business showed significant momentum, with AUM growing by 34% year-on-year to ₹3.7 lakh crore. The AMC AUM crossed ₹1.5 lakh crore, with SIP flows reaching ₹16,000 crore in FY26. The Alternates business raised close to a billion dollars for its growth capital fund IBEF V, increasing its fee-accruing AUM. The Private Wealth Management segment focused on growing its Assets Under Management (AUM) to ₹46,000 crore, with a 33% increase in broking revenues in the segment.
The Capital Markets business completed 52 deals in FY26, raising ₹83,600 crore, and secured the #2 rank in Capital Markets league tables and #1 in QIP. The Housing Finance business saw disbursements grow by 28% YoY to ₹2,291 crore, with AUM growing by 25% to ₹6,100 crore, and successfully raised $100 million from the Asian Development Bank.
During the Q&A session, management addressed queries on SIP market share, revenue yields, and the Private Wealth Management lending book. They confirmed that while some passive MF and microcap funds faced restrictions, active MF SIPs were stable. The company emphasized its strategy to provide solutions to ultra-HNIs and family offices, driving growth in assets and ARR revenues. Marketing, brand promotion, and CSR expenses contributed to higher other expenses in Q4FY26, with overall other expenses up 10% YoY for FY26. The company expressed confidence in continued strong growth for its MTF book and broking revenues, expecting a rebound as market conditions stabilize.
What to do with a filing like this
Motilal Oswal Financial Services Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Motilal Oswal Financial Services Limited. Read the original for the full detail.