Motilal Oswal Financial Services Expands into Private Credit Market
Motilal Oswal Financial Services is expanding into the private credit market. The company has appointed Rakshat Kapoor, former CIO at Modulus Alternatives, to lead this venture. They plan to raise $250 million (₹2,075 crore) for their first private credit fund over the next 4-6 months. The fund will focus on providing growth capital to mid to large companies, diversifying the firm's business model and tapping into a market segment with flexible financing needs.
10Jun 25
Motilal Oswal Financial Services Appoints New Head, Plans $250 Million Private Credit Fund
Motilal Oswal Financial Services has appointed Rakhat Kapoor as its new head and announced plans to enter the private credit market. The company aims to raise $250 million through its initial private credit fund within the next four to six months. The fund will focus on providing growth capital to mid- to large-sized corporations.
09Jun 25
Sebi Slaps Rs 3 Lakh Fine on Motilal Oswal Financial Services for Stock Broker Violations
The Securities and Exchange Board of India (Sebi) has imposed a Rs 3 lakh penalty on Motilal Oswal Financial Services for violating stock brokers' norms. The violations include operating unauthorized trading terminals, irregularities in user operations, and failure to report fund-based activities between Authorized Persons and clients. The company has 45 days to pay the fine. This regulatory action emphasizes the need for strict compliance and transparent operations in the financial services industry.
Motilal Oswal Financial Services posted a net loss of Rs 63.20 crore in Q4 FY25, its first quarterly loss in five years. The loss was primarily due to a Rs 430.00 crore fair value change loss. Revenue declined by 40.48% to Rs 1,197.60 crore, while EBITDA fell by 73.42% to Rs 287.10 crore. Despite overall challenges, the company saw growth in its wealth management and asset management businesses. The board approved issuance of NCDs worth Rs 3,000.00 crore to strengthen its capital position. Motilal Oswal also incorporated a new subsidiary in Dubai, signaling international expansion plans.
25Apr 25
Motilal Oswal Financial Services Reports Q4 Net Loss of Rs 64.8 Crore, Revenue Drops 45% YoY
Motilal Oswal Financial Services announced its Q4 FY2025 results, showing a 44.7% YoY revenue decline to ₹1,190.26 crore and a net loss of ₹64.8 crore. Despite the quarterly setback, the company's FY2025 operating PAT increased 31% YoY to ₹2,016 crore. Asset and wealth management segments grew, with the client base exceeding 12 million and assets under advice growing 33% YoY to over ₹5.5 lakh crore. The housing finance segment experienced a decline.
Motilal Oswal Financial Services shares dropped up to 7% on the Nifty 500 index before Q4 earnings announcement. The company faced challenges in Q3 with lower revenue and halved net profit compared to Q2. Management previously cited F&O regulation changes and market correction for reduced volumes, expressing optimism for future recovery. Investors seem cautious about short-term prospects, with concerns over continued pressure on revenues and profitability.
25Feb 25
Motilal Oswal Alternates Acquires Majority Stake in Megafine Pharma for ₹460 Crore
Motilal Oswal Alternates has acquired a majority stake in Megafine Pharma, an export-focused bulk drug manufacturer, for ₹460 crore. The investment aims to enhance Megafine's R&D and manufacturing capabilities, as well as explore inorganic growth opportunities. Megafine operates FDA-approved facilities in Nashik and Vapi, specializing in niche active pharmaceutical ingredients (APIs).