Motilal Oswal Financial Services Limited

rs,

November 01, 2023 To BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai - 400001 Security Code: 532892 National Stock Exchange of India Limi

20%

Decadal strong growth, Next decade equally exciting Demat Account grown at 20% CAGR in last 10 years (in Mn.) Retail ADTO grown at 68% CAGR in last 10 years (₹ tn ) Monthly a

68%

e equally exciting Demat Account grown at 20% CAGR in last 10 years (in Mn.) Retail ADTO grown at 68% CAGR in last 10 years (₹ tn ) Monthly addition Total (RHS) 4.0 3.5 3.0 2.5 2.0 1.5 1.0

23%

FY20 FY21 FY22 FY23 Sep-23 SIP flows on a relentless rise, making the markets resilient – grown at 23% CAGR in last 7 years Mar-2020 ₹ 86 bn Sep-2023 ₹ 163bn Apr-2016 ₹ 31 bn 6 1 - r p A 6 1 - g u

₹ 86

ws on a relentless rise, making the markets resilient – grown at 23% CAGR in last 7 years Mar-2020 ₹ 86 bn Sep-2023 ₹ 163bn Apr-2016 ₹ 31 bn 6 1 - r p A 6 1 - g u A 6 1 - c e D 7 1 - r p A 7 1 - g

₹ 163

rise, making the markets resilient – grown at 23% CAGR in last 7 years Mar-2020 ₹ 86 bn Sep-2023 ₹ 163bn Apr-2016 ₹ 31 bn 6 1 - r p A 6 1 - g u A 6 1 - c e D 7 1 - r p A 7 1 - g u A 7 1 - c e D

₹ 31

markets resilient – grown at 23% CAGR in last 7 years Mar-2020 ₹ 86 bn Sep-2023 ₹ 163bn Apr-2016 ₹ 31 bn 6 1 - r p A 6 1 - g u A 6 1 - c e D 7 1 - r p A 7 1 - g u A 7 1 - c e D 8 1 - r p A 8 1 -

₹ 4.1

ghts for Q2FY24 Assets under advice Revenue Operating profit Total PAT (incl. OCI) Net Worth ₹ 4.1 tn 30% YoY ₹ 14.2 bn 30% YoY ₹ 2.9 bn 26% YoY ₹ 5.5 bn ₹ 74.6 bn 25% YoY Lending Book1 ROA

30%

2FY24 Assets under advice Revenue Operating profit Total PAT (incl. OCI) Net Worth ₹ 4.1 tn 30% YoY ₹ 14.2 bn 30% YoY ₹ 2.9 bn 26% YoY ₹ 5.5 bn ₹ 74.6 bn 25% YoY Lending Book1 ROA (incl.

₹ 14.2

sets under advice Revenue Operating profit Total PAT (incl. OCI) Net Worth ₹ 4.1 tn 30% YoY ₹ 14.2 bn 30% YoY ₹ 2.9 bn 26% YoY ₹ 5.5 bn ₹ 74.6 bn 25% YoY Lending Book1 ROA (incl. OCI)2 ₹ 105

₹ 2.9

Revenue Operating profit Total PAT (incl. OCI) Net Worth ₹ 4.1 tn 30% YoY ₹ 14.2 bn 30% YoY ₹ 2.9 bn 26% YoY ₹ 5.5 bn ₹ 74.6 bn 25% YoY Lending Book1 ROA (incl. OCI)2 ₹ 105.1 bn 55% YoY 9.4

26%

perating profit Total PAT (incl. OCI) Net Worth ₹ 4.1 tn 30% YoY ₹ 14.2 bn 30% YoY ₹ 2.9 bn 26% YoY ₹ 5.5 bn ₹ 74.6 bn 25% YoY Lending Book1 ROA (incl. OCI)2 ₹ 105.1 bn 55% YoY 9.4% ROE2

Note

1

Note

*Construction Finance with Motilal Oswal Real Estate (MORE); lending to CAT A builders 27 KEY HIGHLIGHTS FINANCIALS BUSINESSES Geographic Reach PRESENCE ACROSS 111 LOCATIONS IN 12 STATES/UTS 133 Branch Sales Manager servicing the above locations HR DL RJ UP GJ MP CG MH TS KA AP TN GNPA and NNPA 2.2% 1.5% 1.6% 1.1% 0.9% 0.5% GNPA NNPA 2.1% 1.9% 1.1% 1.3% FY21 FY22 FY23 Q1FY24 Q2FY24 GNPA of new book (disbursements wef Apr 2018) is 0.9% Home Finance Diversified Liability Mix 7% 8% 40% 45% 3% 7% 7% 28% 55% 8% 5% 16% 21% 50% 12% 5% 19% 8% 57% 52% 49% FY20 FY21 FY22 FY23 H1FY24 Net Worth and Net D/E 3.2 2.8 2.3 2.2 2.0 8,674 9,095 10,070 11,477 12,138 FY20 FY21 FY22 FY23 H1FY24 14,0 00 12,0 00 10,0 00 8,00 0 6,00 0 4,00 0 2,00 0 - Term loan NCD NHB Securitization ECB CP Total cumulative capital infusion at ₹ 8.5 Bn Net Worth (₹ Mn) Net Leverage (x) 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 28 KEY HIGHLIGHTS FINANCIALS BUSINESSES Key Ratios Parameters H1FY24 H1FY23 Yield COF Spread NIM Cost/Income ROA