Motil.Oswal.Fin. (MOTILALOFS)

FairStock Score: 50/100 — MIXED

Score breakdown: P/E: 1/3 · ROCE: 1/2 · Growth: 1/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking at Motilal Oswal Financial as a value investor, and the first question is whether I am buying a wonderful business at a fair price. The numbers show a fast-growing intermediary: five-year revenue CAGR of 28.74%, sales growth of 17.93%, and profit growth of 24.96%. Latest quarter sales were ₹2,112 Cr with net profit of ₹566 Cr. ROE of 18.28% and ROCE of 18.67% are respectable, and a Piotroski F-Score of 8/9 suggests improving financial strength. Promoter holding of 67.62% aligns incentives. However, this is stockbroking & allied, a cyclical business dependent on market activity, not a toll bridge with a wide moat. The balance sheet gives me pause. Debt/equity is 1.66, and Altman Z-Score is 1.71. Free cash flow is only ₹138 Cr, which looks thin against the earnings and the ₹54,432 Cr market cap. More importantly, valuation is stretched. At ₹903.70, P/E is 28.01 and P/B is 4.22, with book value ₹214.14. Graham Number is ₹375.72, implying a margin of safety of -93.00%. DCF intrinsic value is ₹21.68, and EV/EBITDA is 116.24. Those are not values I can reconcile with a margin of safety. The dividend yield is only 1.22%. So I see a good growth record and healthy returns, but the price already discounts much future success. FairStock Score 50/100 mixed, and the 52-week range ₹614.90–₹1,097.10 shows volatility. I would watch market volumes, FCF conversion, debt levels, and whether earnings can grow into this valuation. For now, it is a watchlist business, not a bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer