Motilal Oswal Home Finance
ABOUT
Dream Homes start with smart choices. Motilal Oswal Home Loans
THINK HOME LOANS THINK MOTILAL OSWAL
"At the heart of our mission is the belief that every individual deserves the opportunity to
realize their dreams of homeownership. We are dedicated to supporting these aspirations
by providing accessible and fair loan solutions, empowering people to build secure and
promising futures. Our commitment to responsible growth ensures that while we expand,
we do so with integrity, prioritizing the well-being of our clients and communities.
Together, we create a foundation for sustainable living, fostering a brighter tomorrow for
everyone."
Motilal Oswal Home Finance Limited (MOHFL) is registered with National Housing Bank (NHB) and is amongst the leading new age Housing Finance Companies in India having its presence across 12 states in Western, North-Central and Southern India.
MOHFL focus on providing home loans to individuals and families for purchase, construction and extension of house. MOHFL also provides loans for repair and renovation of houses and home loans to families in the new to credit, self-employed, cash salaried category.
KEY HIGHLIGHTS:
- Reported PAT of 133rs crore in FY 2024.
- Disbursements in FY 2024 crossed `1,000 crore mark to reach `1,018 crore. Business is geared up for stronger growth in disbursements.
- Robust credit Rating of “AA/Stable” from CRISIL, ICRA and India Rating
- We have Independent Sales, Credit, Collection & Operations teams: 1,900+ employees.
- Cost of borrowing stood at 8.3%. We raised ` 1,337 crore of long and short term funds in FY 2024
- New Book, which has originated post April 2018, contributed around 58% of loan book with GNPA of 0.3%.
- We have strong Liability Mobilizations from various Banks & Institutions at competitive rates.
- We joined hands with U.S. Development Finance Corporation, world’s largest development finance institution, in FY2022 and has received commitment of USD 50 mn. Received the balance tranches aggregating to USD 20.0 mn during the year.
- There was strong support from parent (Motilal Oswal Financial Services), total cumulative capital infusion from sponsor at `850 crore resulting into lower net leverage (Debt/Equity ratio) of 2.00.
- We have in-house Loan Management System (LMS) and Loan Origination System (LOS) and separate mobile apps for sales, credit and collection.
BUSINESS PERFORPERFORMANCE:
- MOHFL has disbursed 1,018 rs crore of loans during FY2024.
- Collection team of 600+ members along with robust legal team.
- Collection Efficiency (Total EMI Collected/1 EMI Due) of 103.8% in FY2024
- Catering to 47,500+ families
- LTV of 58% and FOIR of 42%
FINANCIAL PERFORMANCE:
- Loan book stood at 4,048 rs crore as on March 31, 2024
- Net Worth of `1,287 crore as on March 31, 2024
- Profit stood at 133 rs crore during FY2024
- Yield – 14.2% and COF – 8.3%
- NIM – 7.6% and Spread – 5.9%
- GNPA – 0.9% and NNPA – 0.4%
- Stage 3 Provision coverage – 51%
- Net Debt to Equity – 2.0x
- Cost to Income – 46%
- Capital adequacy – 51%
MOTILAL OSWAL HOME FINANCE
(ISIN: INE658R01011)