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5	5	= Summary =
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7		-* Motilal Oswal Financial Services Ltd. (MOFSL) was founded in 1987 as a small sub-broking unit.
	7	+* Motilal Oswal Financial Services Ltd. was founded in 1987 as a small sub-broking unit.
8	8	* The company is  a well-diversified financial services firm offering a range of financial products and services.
9	9	* Motilal Oswal Wins “Best PMS in 10 years performance” across all categories at India’s Smart Money Manager Awards - 2021.
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12	12	= Company Overview =
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153	153	* During FY21, company has completed Buyback of its equity shares amounting to Rs 150 cr (including tax) resulting in increase in promoter equity in the company by 1.3% to 70.67%.
154	154	* The board has declared final dividend of Rs 5 per share (FV Re 1/share).
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157	157	Besides financial performance, recent time has been very eventful in terms of its successes in brand building, advertising and several other fronts. MOFSL rank 1st “Best Local Brokerage” in Asia Money broker’s poll 2020. MOFSL once again recognized as a “Great Place to Work” - India certified organization, Motilal Oswal Wins “Best PMS in 10 years performance” across all categories at India’s Smart Money Manager Awards - 2021. Motilal Oswal Private Equity has been awarded as "Growth Capital Investor of the Decade" at the Venture Intelligence APEX PE-VC Awards. The company's latest Ad on “Skin in the Game” has received appreciation in various media. These and several other recognitions of Motilal Oswal as a preferred consumer and employee brand in financial services space.
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159	159	Speaking on the performance of the company, Mr. Motilal Oswal, MD & CEO said “This financial year has been a landmark year for it. MOFSL has achieved highest ever revenues and profits. Most of its fee based businesses are touching new high in terms of scale. The company's retail broking business which is its cash cow business has achieved new highs on various parameters and benefitting from industry consolidation with its knowledge driven phygital offerings. The company's Institutional Broking business has been ranked #1 as local brokerage house in Asia money poll2020. The company's strategy to invest business profits in its own equity investment products has registered highest ever profits and as result its Net worth has touched new high. Moreover, its strategy to diversify its business model towards linear sources of earnings continues to deliver results. The company's Asset Management business is likely to gain from process driven investing and its niche offerings. The company's Housing finance business is geared up for profitable growth. Each of its 7 businesses offers headroom for growth.