Motilal Oswal Financial Services Limited — Investor Meet, 07-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Motilal Oswal Financial Services (MOFSL) reported strong FY26 operating PAT growth of 16% YoY (Q4 up 25%). Annuity businesses (Asset & Private Wealth) led with 33% profit growth, now contributing ~50% of operating PAT. Asset & Private Wealth AUM surged 34% to ₹3.7 lakh crore from ₹70,000 crore net flows. AMC AUM crossed ₹1.5 lakh crore, with SIP flows growing 78% YoY to ₹16,000 crore. Credit rating upgraded to AA+. Management is strategically investing in growth and sees powerful tailwinds from India's financialization, expecting continued strong performance driven by rising annuity revenues and diversified offerings.