External broker reports(aggregated public sources), Motilal Oswal Financial Services Limited

Motilal Oswal

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<div><ul><li>OPEX ratios to remain elevated - <span style="font-size: var(--content-font-size);">AXSB delivered a mixed quarter, with net profit up 54% YoY (in line), supported by lower provisions, even as margin declined and OPEX stood elevated.</span></li><li>Asset quality robust; margin declines by 4bp QoQ - <span style="font-size: var(--content-font-size);">PAT grew 54% YoY and 14% QoQ to INR41.2b (inline) in 4QFY22, supported by lower provisions.</span></li></ul><div><ul><li>Highlights from the management commentary - <span style="font-size: var(--content-font-size);">The management is committed to meeting its 18% RoE target by FY25, while there exists visibility of achieving 16.5% as of today.</span></li></ul></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

OPEX ratios to remain elevated - AXSB delivered a mixed quarter, with net profit up 54% YoY (in line), supported by lower provisions, even as margin declined and OPEX stood elevated.Asset quality robust; margin declines by 4bp QoQ - PAT grew 54% YoY and 14% QoQ to INR41.2b (inline) in 4QFY22, supported by lower provisions.Highlights from the management commentary - The management is committed to meeting its 18% RoE target by FY25, while there exists visibility of achieving 16.5% as of today.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Axis Bank - Modest PPOP Growth; Lower Provisions Support Earnings

Axis Bank Ltd

Axis Bank - Modest PPOP Growth; Lower Provisions Support Earnings