MOTILALOFS

What Motilal Oswal Financial Services promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 4 delivered 4 missed 7 open
  • Private Equity Fund V Raise went quiet said Q4 FY25 Promised: Targeting to raise at least $900 million, which is 2x the size of our Fund IV. Q1 FY27: No update provided on the final close of IBEF V, which was expected in Q4FY26.
  • Housing Finance AUM on track said Q1 FY26 Promised: We expect housing finance AUM to double in the next 2 to 3 years. Q1 FY27: AUM reached 6,164 cr (+23% YoY). Management reiterated expectation of 'strong growth in the next 2 to 3 years'.
  • Group PBT Margin delivered said Q1 FY26 Promised: We expect to maintain the margins we delivered previous financial year this financial year as well (~50%). Q4 FY26: FY26 Operating PAT grew 16% YoY to ₹2,360 cr. While exact PBT margin % wasn't restated, core operating profitability was maintained.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 15 tracked commitments for Motilal Oswal Financial Services — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens