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Motilal Oswal Financial Services Limited — Bonds & AA (CRISIL) Rating

Corporate · Financial Services

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Agency Rating
AA (CRISIL)
Most common current rating on senior bonds
9 of 9 rated · CRISIL, 22 Jul 2026
Total Debt Outstanding
₹2,997 Cr
Across 11 instruments
Active Bonds
11
First Issue
9 May 2024
Latest Issue
30 Sep 2026
Maturity Range
2027 - 2034
Observation
11 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies

Latest events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
Issuer health card 1 item to look at
  • Current ratings CRISIL AA, India Ratings AA+
  • Rating range Current ratings range from AA (CRISIL 22 Jul 2026) to AA+ (India Ratings 15 Sep 2026)
  • Rating direction, 12 months 2 upgrades, 0 downgrades
  • Watch / negative outlook None in 12 months
  • Issuer not cooperating No such actions in 12 months
  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
  • Newest agency rating Dated 15 Sep 2026
  • Payment record 9 payment disclosures since 17 Jul 2026: all on time
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 9 of 11 active bonds had an exchange trade
  • Exchange filings, 90 days 74 filings on NSE/BSE

A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.

Alert me about Motilal Oswal Financial Services Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.
01 Issuer Overview
Sector
Financial Services
Issuer Type
Corporate
First Tracked Bond
9 May 2024
Start of this issuer's debt program timeline
  • 11 active bonds tracked from this issuer.
  • 11 of 11 tracked bonds with a stated security status are secured. (based on 11 bonds with a disclosed security status)
  • Most recent rating action: upgrade by INDIA_RATINGS on 15 Sep 2026.

Motilal Oswal Financial Services Limited, a corporate issuer in the Financial Services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 8.15% - 9.70%, paid annually. Maturities on outstanding bonds fall between 2027 - 2034.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile
Outstanding Bonds
11
Tracked by RetailBonds
Amount Tracked
₹2,997 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.98%
Range 8.15% - 9.70%
Avg Remaining Tenure
3.4 Yrs
Nearest maturity May 2027
Secured
100%
11 of 11 bonds with known status
Callable
0
Of 11 bonds
Avg Spread vs G-Sec
+160 bps
Credit premium, from 6 bonds with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (3 bonds).

0 2027: 3 bonds, ₹976 Cr tracked, avg coupon 8.80% 3 bonds 2027 2028: 1 bond, ₹300 Cr tracked, avg coupon 8.15% 1 bond 2028 2029: 3 bonds, ₹1,077 Cr tracked, avg coupon 9.04% 3 bonds 2029 2031: 1 bond, ₹200 Cr tracked, avg coupon 8.70% 1 bond 2031 2032: 1 bond, ₹170 Cr tracked, avg coupon 9.25% 1 bond 2032 2034: 2 bonds, ₹274 Cr tracked, avg coupon 9.50% 2 bonds 2034

Security Type / Instrument Mix

  • NCD 11 bonds · 100% · ₹2,997 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2024: ₹1,097 Cr issued 2024 2025: ₹800 Cr issued 2025 2026: ₹1,100 Cr issued 2026 Cumulative: ₹1,097 Cr Cumulative: ₹1,897 Cr Cumulative: ₹2,997 Cr

Based on 11 of 11 active bonds with a known issue date and issue size.

Financial Snapshot

FY26 vs FY26
Debt / Equity
1.73
 
Debt Service Coverage (DSCR)
0.18
 
Interest Service Coverage (ISCR)
2.82
 
Revenue from Operations
₹9,373.97 Cr
Prior: ₹4,586.13 Cr
Net Profit / Loss
₹1,872.46 Cr
Prior: ₹1,525.42 Cr
Profit Before Tax
₹2,465.04 Cr
Prior: ₹1,911.08 Cr

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 25 Sep 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile
  • AA 9 bonds · 82%
  • Unrated 2 bonds · 18%
AgencyRatingOutlookBonds
CRISIL AA — 9
India Ratings AA+ — 6

Rating History (Trend)

AAA AA A BBB Below BBB Unrated CRISIL: AA on 2026-07-22 INDIA_RATINGS: AA on 2026-09-15
Jul 26 — Sep 26 CRISIL India Ratings

Recent Rating Actions

AA+
Upgrade · Stable
AA+
Upgrade · Stable
NCD Public Issues
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE338I07149 Motilal Oswal Financial Services 9.10% May 2027 NCD 9.10% AA (CRISIL) 2027-05-09 9.27% 2026-11-04
INE338I07099 Motilal Oswal Financial Services May 2027 NCD — AA (CRISIL) 2027-05-09 — —
INE338I07180 Motilal Oswal Financial Services 8.50% Aug 2027 NCD 8.50% AA (CRISIL) 2027-08-06 8.45% 2026-10-16
INE338I07198 Motilal Oswal Financial Services 8.15% Dec 2028 NCD 8.15% AA (CRISIL) 2028-12-12 — —
INE338I07107 Motilal Oswal Financial Services 9.35% May 2029 NCD 9.35% AA (CRISIL) 2029-05-09 8.76% 2026-11-04
INE338I07164 Motilal Oswal Financial Services 8.97% May 2029 NCD 8.97% AA (CRISIL) 2029-05-09 — 2026-08-31
INE338I07214 Motilal Oswal Financial Services 8.81% Oct 2029 NCD 8.81% — 2029-10-25 — —
INE338I07206 Motilal Oswal Financial Services 8.70% Sep 2031 NCD 8.70% — 2031-09-16 8.69% 2026-11-03
INE338I07172 Motilal Oswal Financial Services 9.25% Sep 2032 NCD 9.25% AA (CRISIL) 2032-09-03 8.58% 2026-11-02
INE338I07123 Motilal Oswal Financial Services 9.70% May 2034 NCD 9.70% AA (CRISIL) 2034-05-09 8.53% 2026-11-04
INE338I07115 Motilal Oswal Financial Services 9.30% May 2034 NCD 9.30% AA (CRISIL) 2034-05-09 — —
Compare (/) Compare Bonds

YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

BSE Traded Value (Last 30 Days)
₹73.26 L
Number of Trades (Last 30 Days)
79
Avg. Yield (Last 30 Days)
8.76%
06 Payment Disclosures (SEBI Reg52(4)) 9 disclosed

Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.

Due DateBondTypeAmount DueAmount PaidStatusFiling
31 Oct 2026 8.97% SECURED RATED LISTED... Interest ₹72,00,000.00 ₹72,00,000.00 Paid XBRL →
31 Oct 2026 9.30% SECURED RATED LISTED... Interest ₹37,00,000.00 ₹37,00,000.00 Paid XBRL →
25 Oct 2026 RESET RATE SECURED RATED LISTED... Interest ₹5,43,00,000.00 ₹5,43,00,000.00 Paid XBRL →
30 Sep 2026 8.97% SECURED RATED LISTED... Interest ₹70,00,000.00 ₹70,00,000.00 Paid XBRL →
30 Sep 2026 9.30% SECURED RATED LISTED... Interest ₹36,00,000.00 ₹36,00,000.00 Paid XBRL →
31 Aug 2026 8.97% SECURED RATED LISTED... Interest ₹72,00,000.00 ₹72,00,000.00 Paid XBRL →
31 Aug 2026 9.30% SECURED RATED LISTED... Interest ₹37,00,000.00 ₹37,00,000.00 Paid XBRL →
31 Jul 2026 8.97% SECURED RATED LISTED... Interest ₹72,00,000.00 ₹72,00,000.00 Paid XBRL →
31 Jul 2026 9.30% SECURED RATED LISTED... Interest ₹37,00,000.00 ₹37,00,000.00 Paid XBRL →

Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

07 Regulatory Filings
BSE Corporate Announcements
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 15 2026-09-15
Rating Actions History 2 2026-09-15
Secondary-Market Trades 289 2026-11-06
Reg52(4) Payment Disclosures 9 2026-10-31

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions
How many active bonds does Motilal Oswal Financial Services Limited have?

Motilal Oswal Financial Services Limited currently has 11 active bonds with coupons of 8.15% - 9.70%, maturities spanning 2027 - 2034.

What is Motilal Oswal Financial Services Limited's credit rating?

The most common current rating on Motilal Oswal Financial Services Limited's senior bonds is AA (CRISIL). Ratings on file come from CRISIL, India Ratings.

Are Motilal Oswal Financial Services Limited's bonds secured?

Of the 11 bonds with a disclosed security status, 11 are secured (100%) and 0 are unsecured.

When do Motilal Oswal Financial Services Limited's bonds mature?

Motilal Oswal Financial Services Limited's active bonds mature between 2027 - 2034; the nearest matures in May 2027; the average tenure is 3.4 Yrs.

What is the average coupon on Motilal Oswal Financial Services Limited's bonds?

The average coupon across Motilal Oswal Financial Services Limited's 11 active bonds is 8.98%.

Disclaimer: This page aggregates publicly available data about Motilal Oswal Financial Services Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.