Motilal Oswal Financial Services Limited (NSE: MOTILALOFS)

NSE: MOTILALOFS Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest and Dividend Income	23,020	19,033	12,371	11,364	7,547	7,695
Total Interest Expense	11,788	9,757	5,619	4,518	4,098	4,907
Net Interest Income	11,232	9,276	6,752	6,846	3,449	2,788
Brokerage Commission	43,613	36,253	27,334	26,073	19,495	15,492
Other Revenue	23,999	15,407	2,072	5,545	9,217	391.8
Revenue Before Loan Losses	78,844	60,936	36,159	38,464	32,161	18,672
Provision for Loan Losses	62.4	247.2	304.2	744.8	822.7	769.1
Revenue	78,781	60,689	35,855	37,719	31,338	17,903
Revenue Growth (YoY)	77.97%	69.26%	-4.94%	20.36%	75.05%	-7.94%
Salaries & Employee Benefits	15,528	13,298	10,084	8,782	6,436	5,398
Cost of Services Provided	16,034	13,532	10,348	10,302	7,181	5,304
Other Operating Expenses	3,910	3,035	2,495	1,994	1,710	1,695
Total Operating Expenses	36,696	30,984	23,635	21,762	15,955	12,937
Operating Income	42,085	29,706	12,220	15,957	15,383	4,965
Currency Exchange Gains	4.8	4.8	13.1	18.6	-1	1.5
Other Non-Operating Income (Expenses)	425.9	617.9	189.2	182.5	45.4	-2,124
EBT Excluding Unusual Items	42,513	30,328	12,442	16,175	16,046	2,584
Other Unusual Items	-	-	-	-	-881	-
Pretax Income	42,504	30,319	12,442	16,175	15,202	2,594
Income Tax Expense	8,592	5,863	3,094	3,051	2,555	697.9
Earnings From Continuing Ops.	33,912	24,456	9,348	13,125	12,647	1,896
Minority Interest in Earnings	-63.5	-45.5	-30.9	-26.7	-42.8	-62.1
Net Income	33,849	24,411	9,317	13,098	12,604	1,834
Net Income to Common	33,849	24,411	9,317	13,098	12,604	1,834
Net Income Growth	133.56%	162.00%	-28.87%	3.91%	587.38%	-37.62%
Shares Outstanding (Basic)	596	593	593	588	589	588
Shares Outstanding (Diluted)	607	599	595	593	599	601
Shares Change (YoY)	2.33%	0.78%	0.32%	-0.98%	-0.43%	0.58%
EPS (Basic)	56.84	41.16	15.72	22.28	21.42	3.12
EPS (Diluted)	55.80	40.73	15.66	22.09	20.92	3.05
EPS Growth	128.25%	159.99%	-29.10%	5.59%	586.07%	-37.98%
Free Cash Flow	11,022	-5,004	-32,117	9,561	-2,034	8,818
Free Cash Flow Per Share	18.17	-8.35	-54.00	16.13	-3.40	14.66
Dividend Per Share	-	3.500	2.500	2.500	2.500	1.000
Dividend Growth	-	40.00%	0%	0%	150.00%	-52.94%
Operating Margin	53.42%	48.95%	34.08%	42.30%	49.09%	27.74%
Profit Margin	42.97%	40.22%	25.99%	34.72%	40.22%	10.24%
Free Cash Flow Margin	13.99%	-8.25%	-89.57%	25.35%	-6.49%	49.26%
Effective Tax Rate	20.21%	19.34%	24.87%	18.86%	16.80%	26.91%
Revenue as Reported	91,052	71,305	41,971	43,164	36,341	23,654

Source: S&P Capital IQ. Capital Markets template. Financial Sources.