Access detailed financial statements and quarterly reports
Access comprehensive financial reports and statements for Motilal Oswal Home Finance Limited Shares
The document is a notification from Motilal Oswal Home Finance Limited to the BSE Limited, dated April 23, 2025, regarding the outcome of a Board of Directors meeting held on Wednesday, April 23, 2025. **Key Approvals and Matters Considered:** * **Audited Financial Results:** The board considered and approved the audited financial results of the company for the quarter and year ended March 31, 2025. * **Issuance of NCDs:** Approved the offer, issue, and allotment of Secured/Unsecured Redeemable Non-Convertible Debentures ("NCDs") of up to Rs. 1,500 Crore on a public/private placement basis, in one or more tranches, within the company's overall borrowing limits. **Enclosures Provided:** * **Annexure A:** Audited Financial Results for the quarter and year ended March 31, 2025, along with the Auditor's Report issued by M/s. MGB & Co. LLP, Statutory Auditors of the Company, and disclosures in compliance with Regulation 52(4) of the Listing Regulations. The Independent Auditor's Report confirms that the financial results are presented in accordance with Regulation 52 and provide a true and fair view in conformity with Indian Accounting Standards ("Ind AS"). The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the respective financial year. The predecessor audit firm had expressed an unmodified opinion on the standalone Financial Results of the Company for the quarter and year ended March 31, 2024. * **Annexure B:** Declaration in respect of the Auditor's Report with Unmodified Opinion issued by M/s. MGB & Co. LLP, Statutory Auditors of the Company, under Regulation 52(3) of the Listing Regulations. * **Annexure C:** Disclosures of Related Party Transactions for the half-year ended March 31, 2025, including transactions with Motilal Oswal Financial Services Limited and Motilal Oswal Finvest Limited relating to loans, interest, and expenses. The transactions are approved by the audit committee. * **Annexure D:** Statement indicating the utilization of the issue proceeds of non-convertible securities and a statement disclosing material deviation(s) (if any) in the use of issue proceeds of non-convertible securities from the objects of the issue for the Quarter ended March 31, 2025, duly reviewed by the Audit Committee of the Company, in accordance with Regulation 52 (7) and 52 (7A) of the Listing Regulations. This includes details regarding the amount raised and utilized for Non-Convertible Debentures issued in January and March 2025, with no deviations reported. * **Annexure E:** Certificate issued by the Statutory Auditors in accordance with Regulation 54 of the Listing Regulations, regarding the extent and nature of security created and maintained with respect to its secured listed non-convertible debt securities. MGB & Co. LLP, confirms that as at March 31, 2025, the Company has maintained security cover as per the terms of the Debenture Trust Deed. **Other Key Points:** * The company will publish the Audited Financial Results of the Company for the quarter and year ended March 31, 2025 along with the Quick Response Code for accessing the said Results in the newspaper, as per Regulation 52(8). * The above-mentioned disclosures will be uploaded on the company website as per Regulations 51 and 62. * The Board Meeting commenced at 04:30 P.M. and concluded at 07:15 P.M. **Financial Performance Highlights (Year Ended March 31, 2025):** * Total Income: ₹651.57 million * Profit Before Tax: ₹166.42 million * Profit After Tax: ₹130.26 million * Earnings Per Share: ₹0.22 * Debt-equity ratio: 2.59 * Capital to Risk Weighted Asset Ratio (CRAR): 40.81% * Gross non performing assets: 0.84% * Net non performing assets: 0.37% **Key Ratios and Compliance:** * The company has complied with all the regulations prescribed to it. * The report provides a detailed listing of several covenants such as maintenance of reserve funds, adherence to financial covenants like Capital Adequacy Ratio, and limitations on changing the nature of business or altering constitutional documents. * The company’s financial affairs are presented in great detail for both compliance with reporting regulations and covenants. **Auditor's Conclusion:** * Based on the review, the auditors have not identified any material aspects that indicate the company has not maintained the security cover as per the terms of the Debenture Trust Deed.
Singhi & Co., Chartered Accountants, have issued an Independent Auditor's Limited Review Report on the Unaudited Consolidated Financial Results of Motilal Oswal Financial Services Limited (the "Holding Company") and its subsidiaries (the "Group") for the quarter and nine months ended December 31, 2023. The report is pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Holding Company's Management is responsible for the Statement, which has been prepared in accordance with Indian Accounting Standard 34 ("Ind AS 34") and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the SEBI Regulations, 2015, as amended. The auditor's responsibility is to express a conclusion on the Statement based on their review. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410, issued by the Institute of Chartered Accountants of India. The auditor also performed procedures in accordance with the Circular issued by the SEBI under Regulation 33 (8) of the SEBI Regulations, 2015, as amended. Based on their review, nothing has come to the auditor's attention that causes them to believe that the accompanying Statement contains any material misstatement or does not disclose the information required by Regulation 33 of the Listing Regulations. **Emphasis of Matter:** Attention is drawn to Note 6 regarding the Scheme of Arrangement to restructure the business of the Company and two of its wholly owned subsidiaries w.e.f. April 1, 2023. The Holding Company has initiated the process of obtaining necessary statutory and regulatory approvals and approval of its Shareholders. **Other Matters:** The auditor did not review the interim financial results of eight subsidiaries included in the Statement, whose financial results before consolidation adjustments reflects total revenues of Rs. 27,296 Lakh and Rs. 77,475 lakhs, total net profit after tax of Rs. 8,449 lakhs and Rs. 22,092 lakhs, total comprehensive income of Rs. 10,602 lakhs and Rs.26,906 lakhs for the quarter and nine months ended December 31, 2023 respectively. The Statement includes the interim financial results of seven subsidiaries, which have not been reviewed by their auditors, whose interim financial results before consolidation adjustments reflects total revenues of Rs.610 lakhs and Rs. 1,812 lakhs, net profit after tax of Rs. 227 lakhs and Rs. 764 lakhs and total comprehensive income of Rs. 227 lakhs and Rs.764 lakhs for the quarter and nine months ended December 31, 2023 respectively. The Statement also includes the Group's share of net profit/ (loss) after tax of Rs. (25) lakhs and Rs. (1) lakh for the quarter and nine months ended December 31, 2023 respectively in respect of one associate. The report lists eighteen subsidiaries and one associate included in the Statement for the quarter and nine months ended December 31, 2023. The Statement of Consolidated Financial Results for the quarter and nine months ended 31 December 2023 shows revenue from operations of Rs. 1,78,431 lakhs for the quarter ended 31 Dec 2023 (Unaudited) compared to Rs. 1,07,552 lakhs for the quarter ended 31 Dec 2022 (Unaudited). Profit after tax stood at Rs. 66,149 lakhs for the current quarter versus Rs. 22,558 lakhs for the corresponding quarter in the previous year. The Board of Directors has declared an interim dividend of Rs. 14/- per equity share for the financial year 2023-24. The Board has also approved the Scheme of Arrangement between Motilal Oswal Financial Services Limited and Motilal Oswal Broking and Distribution Limited and Motilal Oswal Wealth Limited. The company will be issuing Non-Convertible Debentures not exceeding Rs.3,000 Crore by way of Public Issue in one or more tranches.
Access essential information and documents to make informed investment decisions
Stay updated with upcoming events, conferences, and announcements
Access quarterly and half-yearly financial statements and reports
Download comprehensive annual reports and financial summaries
Access investor presentations, corporate briefings, and slideshows
Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.
Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.
You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.
The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.
Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.
To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.
Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.
The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.
Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.
It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
