Motilal Oswal share price today

Motilal Oswal Financial Services Ltd's share price was ₹1,095.00 at the close on 5 November 2026. It has been rising for 21 weeks. That is 18.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹663 and ₹1,095, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Motilal Oswal Financial Services Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 11 years the share price moved +1,436% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: promoters cut their stake for 14 quarters in a row and revenue up on a year earlier for 4 quarters in a row.

1. Promoters cut their stake for 14 quarters in a row

   From 69.7% to 66.7% of the company by the September 2026 quarter.

2. Revenue up on a year earlier for 4 quarters in a row

   In the September 2026 quarter revenue was ₹3,042 crore, +64.4% on a year earlier.

   Why: Revenue rose because clients put more money into its funds and wealth products, so the pool it earns fees on got bigger.

   Next results: check whether money going into active funds stays above the slow months.

   From the earnings call on 30 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Motilal Oswal reported total income of ₹3,042 crore, up 64.4% from ₹1,850 crore a year earlier, and a profit of ₹1,081 crore, up 197.8% from ₹363 crore.

Motilal Oswal results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Motilal Oswal's management discussed these results on a call held on 30 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

Motilal Oswal closed at ₹1,095.00 on 5 November 2026, up 9.9% from ₹996.45 a year earlier (7 November 2025) and up 374.4% over five years. Its highest weekly close since March 2016 was ₹1,095.00 on 5 November 2026.

Motilal Oswal share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Motilal Oswal closed at ₹1,095.00, up 16.9% on the week and up 6.7% on the month. 30 Oct 2026: Motilal Oswal held its results call for July to September 2026. Management guided: Custody to commence operations in January to March 2027 subject to readiness with no earnings contribution even next year.

Earlier

• Results for July to September 2026: Total income up 64.4% and profit up 197.8% on a year earlier.
• 30 Jan 2026: ex-date for an interim dividend of ₹6 a share, record date 31 Jan 2026.
• 10 Jun 2024: Bonus issue: 3 new shares for every 1 held (ex-date).

Motilal Oswal paid ₹6 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.55% at the ₹1,095.00 close on 5 November 2026. The last was an interim dividend of ₹6 a share, ex-date 30 January 2026.

Motilal Oswal dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Motilal Oswal Financial Services Ltd paid out 19% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 30 October 2026, Motilal Oswal's management guided: Custody to commence operations in January to March 2027 subject to readiness with no earnings contribution even next year.

“In my opinion, this business is at the same stage of evolution as the mutual fund business was more than a decade ago. - Navin”Group MD, on the call for July to September 2026

What management guided

• Maiden office fund closure over next six months and SIF launch in January-March quarter alongside hybrid broadening.
• Housing GNPA to normalize to 1.1%-1.2% in H2 on seasonal recoveries with similar growth pace for coming few years.
• October net active inflows above ₹2,000 crore expected after September rebound.
• Private wealth H2 profit growth much higher than H1; broking growth to improve with headwinds in base.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

When Motilal Oswal reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Active flow revival to stay above lean months into next print for confirmation - per September rebound and October expectation commentary.

Motilal Oswal is on 2 of our India lists: Momentum stocks and Small & mid cap stocks.

Motilal Oswal Financial Services Ltd earned ₹1,081 Cr of net profit in the Sep 2026 quarter, +197.8% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹1,872 Cr. Over 10 years profit has grown 27.0% a year on average. That is 35.5% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹363 Cr. 2 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹1,872 Cr (−25.4% on the year before).

Why profit moved: revenue changed +64.4% on a year earlier and the margin moved +15.9 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +69.1% and revenue +55.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Motilal Oswal Financial Services Ltd reported ₹3,042 Cr of income in the Sep 2026 quarter, +64.4% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 24.1% a year on average. The last full year, FY26, came in at ₹9,381 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

The last four reported quarters add to ₹11,256 Cr.

FY26 revenue was ₹9,381 Cr, +12.5% on the year before.

Recent pace: the last four quarters grew +55.1% on average, against 24.1% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +44.9%, against +11.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +33.2%, against −10.7% a year (accelerating).

Motilal Oswal Financial Services Ltd's net margin was 35.5% in the Sep 2026 quarter, 15.9 percentage points higher than the same quarter a year ago. Across 13 years it has been between 8.1% and 34.9%. The latest quarter is above every full year in that period.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

Motilal Oswal Financial Services Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

Motilal Oswal Financial Services Ltd's revenue was ₹9,381 Cr in FY26, +12.5% on the year before, so the loan book is growing. The latest quarter was +64.4% on a year earlier. The net margin on that income is 35.5%, +15.9 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

Motilal Oswal Financial Services Ltd's P/BV is 4.2×, in the middle of its own history: higher than 64% of past readings. Its usual P/BV (the middle reading) is 3.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.