About the company
Motilal Oswal Securities Limited
Incorporated in 1987, Motilal Oswal Securities Limited offers equity broking services to both institutional and retail clients. Like other domestic brokerage houses, it also provides ancillary services such as portfolio management, depository and distribution of financial products. Currently, it caters to close to 10 lakh clients through 25 branches and 3,196 franchisees. During FY2018, the company recorded a net profit of Rs. 173 crore on a total operating income of Rs. 621 crore compared to net profit of Rs. 109 crore on a total operating income of Rs. 399 crore during FY2017. As on March 31, 2018, the company had a net worth of Rs. 1,045 crore.
Motilal Oswal Financial Services Limited
Incorporated in 2005, Motilal Oswal Financial Services Limited (MOFSL) is a non-deposit-taking NBFC, providing margin financing services to the Group’s retail broking clients. MOFSL also serves as the holding company of the Group. The Motilal Oswal Group is India’s leading provider of capital market related services, including retail and institutional broking, wealth management, loan against shares, margin financing, commodities broking, investment banking, and venture capital management. The Group consists of MOFSL and its subsidiaries, namely Motilal Oswal Securities Limited, Aspire Home Finance Limited, Motilal Oswal Commodities Brokers Pvt Ltd, Motilal Oswal Private Equity Advisors Pvt Ltd, Motilal Oswal Investment Advisors Pvt Ltd, Motilal Oswal Capital Markets Pvt Ltd, Motilal Asset Management Company Ltd, and Antop Trader Pvt Ltd.
The company reported a consolidated net profit of Rs. 541 crore on total operating income of Rs. 2,001 crore in FY2018 compared to a net profit of Rs. 360 crore on total operating income of Rs. 1,462 crore in FY2017. At a consolidated level, the Group’s net worth stood at Rs. 2,248 crore as on March 31, 2018.