3 Brokerage and Advisory Group Stocks With a Strong Future Roadmap: Edelweiss Financial Services, IIFL Capital Services and Motilal Oswal Financial Services
- October 12, 2026
- Posted by: Harsh Piplani
- Category: Best Stocks
Edelweiss Rs 127.89, P/E 16.98. IIFL Capital Rs 343.75, P/E 18.95. Motilal Oswal Rs 1,026.00, P/E 30.89. Closing prices of 9 Oct 2026.
Quick Answer
Brokerage and advisory group stocks with the clearest long-term roadmaps today include Edelweiss in asset management, wealth management and insurance, IIFL Capital in broking, wealth and capital market services and Motilal Oswal in broking, wealth, asset management and housing finance. FY26 revenue growth was 14.1% at Edelweiss, 1.4% at IIFL Capital and 11.9% at Motilal Oswal. P/E stands at 16.98 for Edelweiss (industry 17.72), 18.95 for IIFL Capital (industry 34.91) and 30.89 for Motilal Oswal (industry 34.91). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.
Brokerage and advisory group stocks give investors exposure to investing, advice and fund management services for retail and wealthy clients. Market activity, client assets and fee income decide how much of that demand turns into profit.
This list covers three brokerage and advisory group stocks: Edelweiss Financial Services for asset management, wealth management and insurance, IIFL Capital Services for broking, wealth and capital market services and Motilal Oswal Financial Services for broking, wealth, asset management and housing finance. Every figure comes from the latest reported financials and the 9 October 2026 market close. Companies without complete current figures were left out.
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What Are Brokerage and Advisory Group Stocks?
Brokerage and advisory group stocks are shares of companies that earn fees from broking, wealth advice and fund management. Results depend on market activity, client assets and fee income, so market activity and fee income separate the stronger names.
Brokerage and Advisory Group Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three brokerage and advisory group stocks as of the 9 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Edelweiss Financial Services | 127.89 | 12,087 | 16.98 | 17.72 | 13.58% | 4.02 |
| IIFL Capital Services | 343.75 | 10,845 | 18.95 | 34.91 | 18.31% | 0.59 |
| Motilal Oswal Financial Services | 1,026.00 | 61,262 | 30.89 | 34.91 | 14.50% | 1.65 |
Among wealth and broking stocks, all three trade at a discount to their industry P/E multiples.
Why Do Brokerage and Advisory Group Stocks Have a Strong Roadmap in India?
Brokerage and advisory group stocks have a strong roadmap in India because more households are moving savings into equities and mutual funds, which lifts broking, wealth and asset management income. Three drivers stand out.
- Rising participation: New investors keep joining equity and fund markets.
- Fee income: Asset management and wealth fees build a steadier revenue base.
- Product breadth: Groups with many services can serve a client for longer.
Edelweiss Financial Services: Asset Management and Wealth Drive the Pipeline
Edelweiss’ roadmap rests on alternative asset management, wealth management, life insurance and credit, with growing client assets supporting fee income.
Revenue grew from Rs 7,212.59 crore in FY22 to Rs 10,865.14 crore in FY26, a 50.6% rise, and FY26 revenue was 14.1% higher than FY25. FY26 net profit rose 27.0% to Rs 680.46 crore. Over four years, net profit rose from Rs 212.07 crore in FY22 to Rs 680.46 crore. In Q1 FY27, revenue grew 6.0% to Rs 2,418.81 crore, and net profit rose 30.9% to Rs 134.37 crore.
Debt to equity is 4.02 and return on equity is 13.58%. Edelweiss paid a dividend of Rs 1.5 per share for FY26, a yield of 1.17%. At a P/E of 16.98 against an industry P/E of 17.72, the stock trades below its industry multiple.
What to watch: The P/E of 16.98 against an industry P/E of 17.72 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
IIFL Capital Services: Wealth and Broking Reach Builds the Next Leg
IIFL Capital’s roadmap rests on broking, wealth and capital market services for retail, high net worth and institutional clients, with a broad client base supporting fee income.
Revenue grew from Rs 1,316.41 crore in FY22 to Rs 2,603.10 crore in FY26, a 97.7% rise, and FY26 revenue was 1.4% higher than FY25. FY26 net profit was Rs 563.64 crore. In Q1 FY27, revenue grew 6.0% to Rs 721.31 crore, and net profit rose 4.9% to Rs 184.16 crore.
Debt to equity is 0.59 and return on equity is 18.31%. IIFL Capital paid a dividend of Rs 3 per share for FY26, a yield of 0.86%. At a P/E of 18.95 against an industry P/E of 34.91, the stock trades below its industry multiple.
What to watch: The P/E of 18.95 against an industry P/E of 34.91 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
Motilal Oswal Financial Services: Broking and Asset Management Anchor the Roadmap
Motilal Oswal’s roadmap rests on broking, wealth management, asset management and housing finance under one financial services group, with rising equity participation supporting its market-linked businesses.
Revenue grew from Rs 4,316.41 crore in FY22 to Rs 9,416.42 crore in FY26, a 118.2% rise, and FY26 revenue was 11.9% higher than FY25. FY26 net profit was Rs 1,865.43 crore. In Q1 FY27, revenue grew 25.1% to Rs 3,432.23 crore, and net profit rose 10.2% to Rs 1,273.71 crore.
Debt to equity is 1.65 and return on equity is 14.50%. Motilal Oswal paid a dividend of Rs 6 per share for FY26, a yield of 0.59%. At a P/E of 30.89 against an industry P/E of 34.91, the stock trades below its industry multiple.
What to watch: The P/E of 30.89 against an industry P/E of 34.91 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
Best Brokerage and Advisory Group Stocks in India: Edelweiss vs IIFL Capital vs Motilal Oswal on Key Financials
Among the best brokerage and advisory group stocks in India, Edelweiss leads on FY26 revenue growth and Q1 FY27 net profit growth; IIFL Capital leads on return on equity and the lowest debt to equity; Motilal Oswal leads on Q1 FY27 revenue growth. The table puts the numbers side by side.
| Metric | Edelweiss | IIFL Capital | Motilal Oswal |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 10,865.14 | 2,603.10 | 9,416.42 |
| FY26 revenue growth | 14.1% | 1.4% | 11.9% |
| FY26 net profit (Rs Cr) | 680.46 | 563.64 | 1,865.43 |
| Q1 FY27 revenue growth (YoY) | 6.0% | 6.0% | 25.1% |
| Q1 FY27 net profit growth (YoY) | 30.9% | 4.9% | 10.2% |
| Return on equity | 13.58% | 18.31% | 14.50% |
| P/E ratio | 16.98 | 18.95 | 30.89 |
| Debt to equity | 4.02 | 0.59 | 1.65 |
| Dividend yield | 1.17% | 0.86% | 0.59% |
Broker earnings follow market activity, client assets and fee income, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Brokerage and Advisory Group Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen brokerage and advisory group stocks and shortlist brokerage and advisory group stocks to buy.
- Compare each stock’s P/E with its industry P/E, which differs by company here.
- Check client assets, fee income and market activity together.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read loan growth against funding costs to see how growth is financed.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Check the Univest Screener for live data on these brokerage and advisory group stocks
Risks to Consider Before Investing in Brokerage and Advisory Group Stocks
- Market swings: Lower trading activity can reduce broking income.
- Regulation: Rule changes on fees and products can affect margins.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
Download the Univest iOS App or Univest Android App to track Edelweiss, IIFL Capital and Motilal Oswal live.
Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.
Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.
The shareholding pattern published every quarter shows whether promoters, mutual funds and foreign investors are raising or trimming their holdings, which adds useful context to the financial numbers.
Final Take: Which Stock Has the Strongest Roadmap?
These three wealth and broking stocks cover broking, wealth management, asset management and advisory services. Edelweiss leads on FY26 revenue growth and Q1 FY27 net profit growth; IIFL Capital leads on return on equity and the lowest debt to equity; Motilal Oswal leads on Q1 FY27 revenue growth.
Across brokerage and advisory group stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the brokerage and advisory group stocks to buy discussed here.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Brokerage and Advisory Group Stocks
Which are the best brokerage and advisory group stocks in India with a strong roadmap?
Ans. Edelweiss Financial Services, IIFL Capital Services and Motilal Oswal Financial Services stand out for their roadmaps in broking, wealth management, asset management and advisory services. FY26 revenue growth was 14.1% at Edelweiss, 1.4% at IIFL Capital and 11.9% at Motilal Oswal, and return on equity ranges from 13.58% to 18.31%.
Is Edelweiss Financial Services a good stock to buy now?
Ans. Edelweiss Financial Services has a debt to equity ratio of 4.02, a return on equity of 13.58% and a P/E of 16.98 against an industry P/E of 17.72. Valuation, market activity and fee income move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of Edelweiss, IIFL Capital and Motilal Oswal?
Ans. The P/E ratio is 16.98 for Edelweiss (industry 17.72), 18.95 for IIFL Capital (industry 34.91) and 30.89 for Motilal Oswal (industry 34.91). All of them trade below the industry multiple.
Which of these brokerage and advisory group stocks has the highest return on equity?
Ans. IIFL Capital Services has the highest return on equity at 18.31%, followed by Motilal Oswal Financial Services at 14.50% and Edelweiss Financial Services at 13.58%.
What are the risks of investing in brokerage and advisory group stocks?
Ans. The main risks are market swings, regulation and quarterly trends. Lower trading activity can reduce broking income.
How did Edelweiss, IIFL Capital and Motilal Oswal perform in Q1 FY27?
Ans. Edelweiss Financial Services reported revenue of Rs 2,418.81 crore, up 6.0% year on year, and net profit rose 30.9% to Rs 134.37 crore. IIFL Capital Services reported revenue of Rs 721.31 crore, up 6.0% year on year, and net profit rose 4.9% to Rs 184.16 crore. Motilal Oswal Financial Services reported revenue of Rs 3,432.23 crore, up 25.1% year on year, and net profit rose 10.2% to Rs 1,273.71 crore.
Do brokerage and advisory group stocks pay dividends?
Ans. Yes, all three companies pay dividends. The dividend yield is 1.17% for Edelweiss, 0.86% for IIFL Capital and 0.59% for Motilal Oswal, based on dividends declared for FY26.
How can I invest in brokerage and advisory group stocks in India?
Ans. You can buy brokerage and advisory group stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.
