Motilal Oswal Financial Services Share Price

1. For the quarter ended on September 30, 2018, Motilal Oswal Financial Services Limited reported its standalone income to be at Rs.311.5 crore, in comparison to Rs.278.2 crore for the June quarter.
2. After expenditure and taxation, the company's standalone net profit for the September quarter was observed to be at Rs.22.7 crore, in contrast to Rs.61.7 crore for the quarter ended on June 30, 2018. The fall came on account of a sizeable increase in the expenditure, quarter-on-quarter.
3. Considering the balance sheet of the company, its assets are worth Rs.5,203.1 crore as on September 30, 2018. Coming to its liabilities, its financial liabilities are worth Rs.2,545.7 crore.

Motilal Oswal Financial Services Limited Stock Returns in 2018

1. At the start of January 2018, the share price of Motilal Oswal Financial Services Limited was seen trading at levels close to Rs.1,450 on the NSE. Over the course of the month, the scrip lost a little over 15% to descend into the Rs.1,200 region. The closing price of the stocks on January 31, 2018, was Rs.1,285.70 on the NSE.
2. In early February, the company announced a final dividend of 400%. At the time of this announcement, the shares were being traded at levels close to Rs.1,100. Through most of February and March, the stocks were traded at levels varying between Rs.1,200 and Rs.1,100. Things stayed that way through the first half of the month.
3. In the second half of March, the price took a small dive and the shares descended into the Rs.1,000 region. The scrip lost close to 10% in this period and by the end of March, the stocks had retreated into the Rs.990 region. Through most of April and May, the Motilal Oswal Financial Services shares were seen changing hands close to Rs.950 levels.
4. Once again in the second half of May, the scrip started to go down gradually and descend into the Rs.800 region. On May 31, 2018, the Motilal Oswal counter closed trading at Rs.916.90 - down by a little over 25% since the start of the year. The dive was seen well through the course of June as well.
5. In the month of June, the stocks lost another 10% as the shares descended into the Rs.700 region. In July, the stocks recovered marginally to ascend back to their previous levels at Rs.880, only to shed those gains in the following weeks. By the second half of the month, the shares were back into the Rs.770 region.
6. In the final week of July, however, the Motilal Oswal scrip soared for one last time in the year to make gains of more than 10%. By early August, the shares were back in the Rs.900 region. This rise was then followed by a gradual bull run through the course of the next couple of months.
7. Through the months of August, September, and October, the scrip lost more than 25% to slip in the Rs.600 region by early October. This meant that since the start of the year, the shares had lost more than 50%. In the second half of October, the scrip hit its 52-week low at Rs.545.10 on the NSE.
8. Through most of November and December, the stocks were traded at levels mainly on the Rs.650 mark. The closing price of the scrip on December 31, 2018, was Rs.670.15 on the NSE.

Motilal Oswal Financial Services Limited Stock Returns in 2016 and 2017

1. At the start of January 2016, the share price of Motilal Oswal Financial Services Limited was varying at levels close to Rs.330 on the NSE. In the first quarter of the calendar year, the stocks lost a little over 10% to descend into the Rs.290 region. Through most of February and March, the shares were traded at levels close to Rs.270 on the NSE.
2. In the first three months of the year, the company also gave two interim dividends of 200% and 150% each. Things didn't change significantly through most of April and early May as the stocks continued to hold steady at levels close to Rs.280. In the closing days of May, however, the scrip appreciated by a little over 15% to once again ascend into the Rs.330 region.
3. In the second half of June, the stocks commenced a bull run - one that led to the shares make excellent gains. By early August 2016, the stocks had gained a little over 40% to cross the Rs.450 mark. By early September, the same shares were being traded at levels close to Rs.490.
4. In October, the stocks crossed the Rs.550 mark and reached as high as Rs.580 levels. However, the scrip failed to find momentum at those levels and following the demonetisation in November, it shed some of its recent losses. Consequently, the scrip ended the year on a flat note at Rs.520.65 on the NSE.
5. 2017 was a phenomenal year for the Motilal Oswal Financial Services Limited shareholders. The scrip commenced the year trading at levels close to Rs.520 on the NSE. In February, the company announced an interim dividend of 250% following which, the stocks moved up to make excellent gains.
6. By early March, the shares were up by a little over 30% to be traded in the Rs.700 region. By April, the same had crossed the Rs.800 mark. The stocks were on a phenomenal run and they showed no signs of slowing down. By early May, the scrip had ventured into the Rs.900 territory driven by positive global cues and company developments.
7. Later that month, the shares crossed the psychologically important mark of Rs.1,000. This milestone was followed by a small dive that took the scrip back in the Rs.990 region. However, the stocks bounced back and recovered some of their recent losses to move up again.
8. Through most of June, July, and August, the Motilal Oswal Financial Services Limited shares were seen trading at levels between Rs.1,000 and Rs.1,200. There were ups and downs in this period, but the scrip held steady well-above the Rs.1,000 mark. In July, the company announced a final dividend of 300%.
9. Through the months of August, September, and October, the stocks gained as much as 40% in a gradual manner to ascend to the Rs.1,400 mark by mid-October. Through November, however, the scrip descended back into the Rs.1,300 region. The month of December was a bountiful one for the shareholders as the scrip ended the year on a high at Rs.1,493.50.

Should you Invest in Motilal Oswal Financial Services Limited?

1. Motilal Oswal Financial Services Limited is one of the largest equity broking and distribution firms in India. The company also specialises in other aspects like wealth management, asset management, equity broking, investment banking, currency brokerage, home finance, et cetera.
2. For the H1 FY 2018-19, the company reported its consolidated total income to be at Rs.1,332.5 crore, in comparison to Rs.1,411.7 crore for the same six-month period of the previous fiscal year. After taxation and expenditure, the company's net profit was observed to be at Rs.106.6 crore, in stark contrast to Rs.364.6 crore, YoY. The drop in the revenues came on account of an increase in the expenditure for the period.
3. Considering the performance of its stocks, the scrip was highly bearish in 2018. Over the course of the year, the shares lost close to 50%, starting from Rs.1,400 levels in January to Rs.650 levels in December. However, 2018 has been a disappointing year for stocks of many companies.
4. From a long-term perspective, the scrip may make for an attractive buy. With more and more people starting to enter the markets, we can expect its revenues to improve in the future. However, the company also faces stiff competition from its peers and that is another factor to be considered here. Whatever may be the case, it is strongly recommended that you research thoroughly before investing.

Company Information

Motilal Oswal Financial Services Limited is a company that offers a diversified range of financial products and services. It specialises in private equity, investment banking, asset management, wealth management, currency broking home finance, institutional equities, mutual funds, retail equity broking and distribution, among others.

History of the Company

The roots of the company can be traced back to the year 1987, when the company was founded as a sub-broking unit by two people. Since then, the company has grown exponentially to become one of the leading players in the equity broking segment. In 2006, the company forayed into investment banking and private equity sector. In January 2010, the company set up its mutual fund business in the country after receiving the final certificate of registration approval from the Securities and Exchange Board of India (SEBI).

Management of the Company

Mr. Motilal Oswal - Chairman, Managing Director

Mr. Motilal Oswal presently serves as the Chairman and Managing Director of Motilal Oswal Financial Services Limited. He is a Chartered Accountant by profession who also serves as the company's Chief Executive Officer. He co-founded the company along the co-promoter, Raamdeo Agrawal in 1987. Over the course of his illustrious career, he has served on several committees of BSE, NSE, SEBI, and CDSL. Mr. Oswal also served on the Governing Board of the BSE and Indian Merchants Chamber. He was also honoured with the Rashtriya Samman Patra by the Government of India for the FY 1995- 1999.

Mr. Raamdeo Agrawal - Joint Managing Director, Executive Director

Mr. Raamdeo Agrawal is the Co-Founder, Joint Managing Director, and Executive Director of Motilal Oswal Financial Services Limited. He also serves as a Research Analyst at Motilal Oswal Securities Limited. His main area of expertise lies in research and he has also played an important role in shaping the investment philosophy of the company. He is also on the Board of other Motilal Group of Companies like Motilal Oswal Portfolio Management Services Private Limited, Motilal Oswal Insurance Brokers Private Limited, among others. He is a qualified Chartered Accountant who obtained his Bachelor's degree in Commerce.

Mr. Shalibhadra Shah - Chief Financial Officer

Mr. Shalibhadra Shah presently serves as the Chief Financial Officer of Motilal Oswal Financial Services Limited. He has held this post since April 2017. He has been a part of the finance sector for more than 15 years and is well-versed with Finance, Accounts, Taxation & Compliances. In addition to this, he also serves as the Finance & Accounts Head. He is a qualified Chartered Accountant from the Institute of Chartered Accountants of India.

Motilal Oswal Financial Services Limited Listings in NSE, BSE, and Stock Market Indices

The equity shares of Motilal Oswal Financial Services Limited are available to the general public for trading. The shares are listed on the country's two major stock exchanges - the National Stock Exchange of India Limited and the Bombay Stock Exchange. The respective call signs for the same are as follows:

1. NSE Code: MOTILALOFS
2. BSE Code: 532892
3. Sector: Finance & Investments
4. ISIN: INE338I01027

Coming to the stock market indices, the company comprises the following:

1. Nifty 500
2. Nifty Midcap 150
3. S&P BSE 200
4. S&P BSE AllCap
5. S&P BSE MidSmallCap
6. S&P BSE SmallCap
7. Nifty MidSmallcap 400

Registered Office

Motilal Oswal Financial Services Limited

Motilal Oswal Tower

Rahimullah Sayani Road

Opposite Parel ST Depot

Prabhadevi

Mumbai - 400-025

Maharashtra, India

Stocks vs. Mutual Funds: here's what we recommend

Stock market investments require a lot of research and knowledge. They do not generally offer any tax benefits and are regarded as high-risk investments. Hence,it is crucial to have a diversified portfolio. At Bankbazaar, we encourage our readers to invest on mutual funds.It doesn't require a lot of knowledge and equity linked mutual fund schemes offer tax benefits. Additionally, since mutual funds comprise stocks from multiple companies, they help in building a diversified portfolio.

DISCLAIMER:

The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.