Motilal Oswal Financial Services Share Price Target 2025, 2026 to 2030

Motilal Oswal Financial Services Limited (MOFSL), founded in 1987 by Motilal Oswal and Raamdeo Agrawal, is a leading financial services firm based in Mumbai, India. The company offers a comprehensive range of financial products and services, including stockbroking, asset management, investment banking, wealth management, and private equity. Through Motilal Oswal Asset Management Company (MOAMC), it provides mutual fund schemes and portfolio management services. Known for its strong research capabilities, MOFSL publishes detailed reports on market trends, stocks, and sectors, aiding investors in making informed decisions. With a wide network of branches across India, the company has earned numerous awards for excellence and maintains a strong commitment to integrity, innovation, and client satisfaction. MOFSL continues to grow and evolve, ensuring it meets the diverse needs of both individual and institutional investors.

Shareholdings Patterns of Motilal Oswal Financial Services

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters +	69.53%	69.39%	69.16%	69.04%	68.86%
FIIs +	6.29%	6.48%	6.73%	6.46%	6.34%
DIIs +	6.29%	6.76%	6.94%	6.06%	6.41%
Public +	17.90%	17.36%	17.16%	18.42%	18.39%
No. of Shareholders	63,583	61,732	67,231	1,35,984	1,63,551

Motilal Oswal Financial Services (MOFSL) has witnessed slight shifts in its shareholding pattern over the past year. The promoter stake has gradually decreased from 69.53% in September 2023 to 68.86% in September 2024, indicating a small dilution of their control. Meanwhile, Foreign Institutional Investors (FIIs) have maintained a relatively stable stake, slightly increasing from 6.29% in September 2023 to 6.34% in September 2024. Domestic Institutional Investors (DIIs) have shown a modest increase in their holding, rising from 6.29% to 6.41%, reflecting a continued interest from institutional investors in the company. Public shareholding has experienced a slight increase, from 17.90% in September 2023 to 18.39% in September 2024, suggesting growing retail investor participation. This increase in public shareholding is further supported by a significant rise in the number of shareholders, which surged from 63,583 in September 2023 to 1,63,551 by September 2024. These changes highlight a trend towards more diversified ownership in MOFSL, with a stronger presence of retail investors alongside steady institutional backing.

Latest News on Motilal Oswal Financial Services: Motilal Oswal Launches Nifty Capital Market Index Fund to Tap into India’s Booming Capital Markets Sector

Motilal Oswal Mutual Fund (MOMF) has launched the Motilal Oswal Nifty Capital Market Index Fund, which opened for subscription on November 26, 2024, and will close on December 10, 2024. This fund is designed to mirror the total returns of the Nifty Capital Market Total Return Index, before expenses and subject to tracking error. It provides exposure to 15 companies within India’s capital market sector, including firms involved in stock broking, wealth management, depositories, exchanges, and mutual fund companies, all of which are part of the Nifty 500 index.

The primary objective of the fund is to offer long-term capital growth by targeting high-growth opportunities within the capital markets ecosystem. The fund is suited for investors with a high-risk appetite, given the inherent volatility of the sector. With a strong growth outlook, driven by factors such as rising domestic savings, increased retail participation, and digitisation, the capital market sector is experiencing robust expansion. Notably, the number of demat accounts in India has reached 17.5 crore, growing at a 29% CAGR over the past eight years, and Systematic Investment Plan (SIP) inflows have surged significantly in recent years. In 2024, India led the global market with 209 IPOs, raising ₹64,000 crore.

Pratik Oswal, Chief of Business Passive Funds at Motilal Oswal Asset Management, highlighted the tremendous growth potential in India’s capital markets, with only 8 crore Indians investing in the stock market, leaving significant room for further participation. The fund will be managed by Swapnil Mayekar (equity) and Rakesh Shetty (debt), focusing on capturing the growth within this rapidly expanding sector.

How to Buy Motilal Oswal Financial Services Shares in India?

Below are the trading platforms that you can use to purchase Motilal Oswal Financial Services shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Motilal Oswal Financial Services Share Price Prediction: 2024 – 2030

Motilal Oswal Financial Services Share Price Target 2024

When	Maximum Price	Minimum Price
December 2024	994.55	864.83

In December 2024, the maximum price for Motilal Oswal Financial Services is expected to reach ₹994.55, while the minimum price is projected to be ₹864.83.

Motilal Oswal Financial Services Share Price Prediction 2025

When	Maximum Price	Minimum Price
January 2025	1,004.50	772.69
February 2025	1,014.65	780.50
March 2025	1,035.95	796.89
April 2025	1,025.70	789.00
May 2025	995.82	766.02
June 2025	1,040.63	800.49
July 2025	1,020.23	784.79
August 2025	1,051.78	809.06
September 2025	1,064.40	818.77
October 2025	1,092.08	840.06
November 2025	1,119.38	861.06
December 2025	1,169.75	899.81

As we move into 2025, Motilal Oswal Financial Services is expected to see consistent growth in its stock prices. January may see a maximum of ₹1,004.50 and a minimum of ₹772.69, gradually rising to ₹1,025.70 and ₹789.00 by April. The upward trend continues, with June projected at ₹1,040.63 and ₹800.49, and August at ₹1,051.78 and ₹809.06. By year-end, December 2025 is anticipated to reach a high of ₹1,169.75 and a low of ₹899.81

Motilal Oswal Financial Services Share Price Target 2026

When	Maximum Price	Minimum Price
January 2026	1,204.85	926.80
February 2026	1,174.72	903.63
March 2026	1,198.22	921.71
April 2026	1,222.67	940.52
May 2026	1,210.57	931.21
June 2026	1,240.83	954.49
July 2026	1,216.50	935.77
August 2026	1,254.12	964.71
September 2026	1,279.21	984.01
October 2026	1,312.47	1,009.59
November 2026	1,345.28	1,034.83
December 2026	1,378.91	1,060.70

Motilal Oswal Financial Services Share Price Prediction 2027

When	Maximum Price	Minimum Price
January 2027	1,392.70	1,071.31
February 2027	1,428.41	1,098.78
March 2027	1,484.12	1,141.63
April 2027	1,455.02	1,119.24
May 2027	1,412.64	1,086.64
June 2027	1,476.21	1,135.54
July 2027	1,447.26	1,113.28
August 2027	1,492.02	1,147.71
September 2027	1,544.24	1,187.88
October 2027	1,584.39	1,218.76
November 2027	1,624.00	1,249.23
December 2027	1,664.60	1,280.46

Motilal Oswal Financial Services Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	1,697.89	1,306.07
February 2028	1,741.43	1,339.56
March 2028	1,809.35	1,391.80
April 2028	1,773.87	1,364.51
May 2028	1,722.20	1,324.77
June 2028	1,799.70	1,384.39
July 2028	1,764.41	1,357.24
August 2028	1,818.98	1,399.22
September 2028	1,882.65	1,448.19
October 2028	1,931.60	1,485.84
November 2028	1,979.89	1,522.99
December 2028	2,029.38	1,561.06

Motilal Oswal Financial Services Share Price Target 2029

When	Maximum Price	Minimum Price
January 2029	2,069.97	1,592.29
February 2029	2,123.05	1,633.11
March 2029	2,205.85	1,696.80
April 2029	2,162.59	1,663.53
May 2029	2,099.61	1,615.08
June 2029	2,194.09	1,687.76
July 2029	2,151.07	1,654.67
August 2029	2,217.60	1,705.84
September 2029	2,295.21	1,765.55
October 2029	2,354.89	1,811.45
November 2029	2,413.76	1,856.74
December 2029	2,474.10	1,903.16

Motilal Oswal Financial Services Share Price Prediction 2030

When	Maximum Price	Minimum Price
January 2030	2,523.58	1,941.22
February 2030	2,588.29	1,990.99
March 2030	2,689.24	2,068.64
April 2030	2,636.51	2,028.08
May 2030	2,559.71	1,969.01
June 2030	2,674.90	2,057.62
July 2030	2,622.45	2,017.27
August 2030	2,703.56	2,079.66
September 2030	2,798.18	2,152.45
October 2030	2,870.94	2,208.41
November 2030	2,942.71	2,263.62
December 2030	3,016.28	2,320.21

In 2030, Motilal Oswal Financial Services is expected to experience significant growth in its stock prices. January may see a maximum of ₹2,523.58 and a minimum of ₹1,941.22, gradually rising to ₹2,559.71 and ₹1,969.01 by May. The upward trend continues, with July projected at ₹2,622.45 and ₹2,017.27, and August at ₹2,703.56 and ₹2,079.66. By year-end, December 2030 is anticipated to reach a high of ₹3,016.28 and a low of ₹2,320.21, reflecting strong progress throughout the year.

Motilal Oswal Financial Services Financial Condition

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales +	2,358	3,626	4,298	4,178	7,069	9,087
Expenses +	1,546	1,610	2,178	2,301	3,002	3,552
Operating Profit	812	2,016	2,120	1,877	4,067	5,534
OPM %	34%	56%	49%	45%	58%	61%
Other Income +	8	-80	18	19	61	31
Interest	494	430	475	596	1,014	1,222
Depreciation	40	48	48	58	83	93
Profit before tax	285	1,458	1,616	1,242	3,032	4,251
Tax %	24%	18%	19%	25%	19%
Net Profit +	190	1,265	1,312	935	2,446	3,391
EPS in Rs	3.1	21.49	21.97	15.74	40.96	56.72
Dividend Payout %	32%	12%	11%	16%	9%

Motilal Oswal Financial Services (MOFSL) has shown significant growth in its financial performance from March 2020 to March 2024. Sales have risen from ₹2,358 crore in March 2020 to ₹7,069 crore in March 2024, reflecting a strong upward trajectory. Expenses also increased, reaching ₹3,002 crore in March 2024, compared to ₹1,546 crore in March 2020, but operating profit growth has outpaced the rise in expenses. The operating profit surged from ₹812 crore in FY20 to ₹4,067 crore in FY24, with a notable increase in operating profit margin (OPM) from 34% in FY20 to 58% in FY24 and further improving to 61% on a trailing twelve-month (TTM) basis.

Despite a fluctuating trend in other income, which went from a loss of ₹80 crore in FY21 to a gain of ₹61 crore in FY24, MOFSL has shown a consistent rise in profitability. Profit before tax (PBT) climbed from ₹285 crore in FY20 to ₹3,032 crore in FY24. The tax rate has varied but remained relatively stable, with an average of 19% in FY24. Net profit has more than doubled over the period, growing from ₹190 crore in FY20 to ₹2,446 crore in FY24, and reaching ₹3,391 crore on a TTM basis. The earnings per share (EPS) also saw a remarkable increase from ₹3.1 in FY20 to ₹40.96 in FY24, further rising to ₹56.72 on a TTM basis.

The company’s dividend payout ratio has fluctuated, with the payout declining from 32% in FY20 to 9% in FY24, indicating a shift towards reinvesting profits for growth. Overall, Motilal Oswal Financial Services has demonstrated impressive financial growth, with strong revenue and profit increases, along with improving operating efficiency.

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