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360 ONE WAM Ltd.

360ONEFinancial Services filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

22 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 22 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202011072020-09-30yes
ANALYST_MEET202108092021-06-30yes
TRANSCRIPT202111022021-09-30yes
TRANSCRIPT202202102021-12-31yes
TRANSCRIPT202205102022-03-31yes
TRANSCRIPT202207282022-06-30yes
TRANSCRIPT202210252022-09-30yes
TRANSCRIPT202301242022-12-31yes
TRANSCRIPT202305112023-03-31yes
TRANSCRIPT202307262023-06-30yes
TRANSCRIPT202311092023-09-30yes
TRANSCRIPT202401242023-12-31yes
TRANSCRIPT202404292024-03-31yes
TRANSCRIPT202408052024-06-30yes
TRANSCRIPT202410282024-09-30yes
COVER_LETTER202501312024-12-31no
TRANSCRIPT202504292025-03-31yes
ANALYST_MEET202507232025-06-30yes
TRANSCRIPT202510242025-09-30yes
ANALYST_MEET202601202025-12-31yes
TRANSCRIPT202604272026-03-31yes
TRANSCRIPT202607212026-06-30yes

360ONE

files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisionnbfc
Scope servedconsolidated
Panels on this page4

Market

The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.

Last close1,080.80
52-week range929.25 – 1210.0
Return 1M-10.68%
Return 3M-0.42%
Return 1Y5.29%
Return 3Y107.69%
Return 5Ynot reported for this period
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations1,226.00
Other income47.00
Total income1,273.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense326.00
Finance costs354.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.06-0.00
institutions foreign0.59-0.05
institutions domestic0.190.06
mutual funds0.150.05
public0.940.00

Documents on file

ClassMost recentOn file
ANALYST_MEET2025-12-313
COVER_LETTER2024-12-311
TRANSCRIPT2026-06-3018

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-03-312022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations447.00505.00518.00480.00559.00555.00648.00792.00849.00863.00760.00911.001,115.001,181.001,115.001,226.00
Other income132.0018.0013.0050.008.0062.0024.00259.0086.0028.00175.0069.00-7.0039.0054.0047.00
Total income579.00524.00531.00530.00567.00617.00672.001,051.00936.00890.00934.00980.001,108.001,220.001,170.001,273.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.00150.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense175.00128.00128.00128.00148.00155.00167.00216.00188.00218.00232.00246.00272.00314.00300.00326.00
Finance costs96.0098.00106.00108.00111.00140.00168.00207.00214.00230.00222.00229.00254.00296.00312.00354.00
Depreciation and amortisation10.0012.0012.0012.0013.0014.0014.0017.0016.0017.0017.0032.0039.0041.0043.0042.00
Other expenses54.0042.0046.0052.0055.0056.0062.0089.0063.0081.0081.0081.00102.00111.00134.00113.00
Total expenses365.00298.00308.00330.00343.00390.00437.00728.00503.00571.00576.00606.00694.00793.00807.00850.00
Profit before exceptional items and tax214.00226.00223.00200.00224.00227.00235.00323.00432.00319.00359.00374.00413.00427.00363.00424.00
Exceptional items0.000.000.000.000.000.000.000.00-88.000.000.000.000.000.000.000.00
Profit before tax214.00226.00223.00200.00224.00227.00235.00323.00345.00319.00359.00374.00413.00427.00363.00424.00
Current tax10.0050.0056.0045.0038.0048.0042.0030.0097.0088.0052.0067.00125.0085.0080.0079.00
Deferred tax39.001.00-5.00-1.003.00-7.001.0050.004.00-15.0030.0022.00-27.0015.00-6.0014.00
Tax expense49.0051.0052.0045.0040.0041.0043.0080.00101.0074.0082.0089.0098.00100.0074.0093.00
Profit for the period165.00174.00172.00155.00184.00186.00192.00243.00244.00245.00276.00285.00315.00327.00289.00331.00
Profit attributable to owners0.000.00172.00155.00184.00186.00192.00243.00244.00245.00276.00285.00315.00327.00289.00331.00
Profit attributable to non-controlling interests0.000.00-0.00-0.00-0.00-0.000.000.000.000.000.000.000.000.000.000.00
Other comprehensive income2.00-2.009.00-0.00-2.00-1.002.00-1.00-0.002.00-2.002.000.003.003.00-1.00
Total comprehensive income168.00173.00180.00155.00181.00185.00194.00241.00243.00247.00275.00287.00316.00331.00292.00330.00
Earnings per share, basic18.6619.6319.304.375.155.215.366.766.766.757.267.167.808.087.128.13
Earnings per share, diluted18.2919.2418.864.265.055.085.216.526.496.476.966.957.567.826.857.84
Interest earned121.00122.00—137.00160.00181.00203.00222.00251.00253.00—288.00304.00354.00345.00379.00
Fees and commission income265.00334.00—302.00283.00324.00346.00325.00421.00522.00—432.00613.00530.00528.00580.00
Net gain on fair value changes55.0049.00—40.0076.0032.0071.0094.00178.0088.00—191.00197.00294.00239.00267.00
Dividend income6.000.00—1.000.000.000.000.000.000.00—1.000.000.003.000.00
Rental income0.000.00—0.000.000.000.000.000.000.00—0.000.000.000.000.00

Annual results, as filed

Line2020-03-312021-03-312022-03-312023-03-312024-03-312026-03-31
Revenue from operations1,503.001,612.001,851.001,975.002,507.004,362.00
Other income24.0047.00227.0089.00418.00116.00
Total income1,527.001,659.002,078.002,064.002,925.004,477.00
Cost of materials consumed0.000.000.000.000.000.00
Purchases of stock-in-trade22.0054.000.000.00150.000.00
Changes in inventories20.000.000.000.000.000.00
Employee benefit expense373.00409.00590.00507.00687.001,133.00
Finance costs502.00414.00370.00400.00643.001,090.00
Depreciation and amortisation41.0043.0042.0046.0057.00155.00
Other expenses166.00137.00158.00178.00261.00428.00
Total expenses1,241.001,174.001,327.001,213.001,916.002,900.00
Profit before exceptional items and tax286.00485.00751.00850.001,009.001,577.00
Exceptional items0.000.000.000.000.000.00
Profit before tax286.00485.00751.00850.001,009.001,577.00
Current tax69.00124.00111.00226.00158.00356.00
Deferred tax16.00-8.0062.00-34.0046.004.00
Tax expense85.00116.00174.00192.00204.00361.00
Profit for the period201.00369.00578.00658.00804.001,216.00
Profit attributable to owners0.00—0.00658.00804.001,216.00
Profit attributable to non-controlling interests0.00—0.00-0.000.000.00
Other comprehensive income5.000.004.0010.00-2.009.00
Total comprehensive income206.00369.00582.00668.00802.001,225.00
Earnings per share, basic23.3742.2465.4118.5122.4830.16
Earnings per share, diluted22.8341.7664.1018.1221.8629.19
Interest earned780.00635.00505.00509.00766.001,291.00
Fees and commission income678.00738.001,092.001,204.001,278.002,103.00
Net gain on fair value changes0.00183.00241.00188.00311.00959.00
Dividend income5.008.0013.0074.000.009.00
Rental income0.000.000.000.000.000.00

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-09-302026-03-31
Total assets9,645.0011,192.0012,544.0015,119.0015,746.0024,265.0027,201.00
Property, plant and equipment277.00285.00288.00300.00302.00296.00363.00
Capital work-in-progress13.000.000.00—0.000.000.00
Goodwill373.00418.00418.00418.00418.002,498.002,498.00
Other intangible assets143.00144.00146.00166.00160.00648.00615.00
Inventories0.000.000.000.000.000.000.00
Cash and cash equivalents262.00509.00760.00443.00795.00569.00569.00
Total equity and liabilities9,645.0011,192.0012,544.0015,119.0015,746.0024,265.0027,201.00
Equity3,038.003,126.003,269.003,450.003,908.009,349.009,836.00
Equity share capital18.0036.0036.0036.0036.0040.0041.00
Other equity3,020.003,086.003,234.003,414.003,872.009,308.009,795.00
Total liabilities6,607.00————14,916.0017,366.00

Cash flow, as filed

Line2022-03-312022-09-302023-03-312023-09-302024-03-312024-09-302025-09-302026-03-31
Net cash from operating activities929.00-901.00-1,345.00339.00-470.00-1,319.00-1,575.00-2,921.00
Net cash from investing activities-1,128.00945.00786.00-814.00-1,575.00462.00-1,320.00-1,613.00
Net cash from financing activities251.00-270.00580.00725.001,978.001,206.002,721.004,357.00
Purchase of property, plant and equipment16.0020.0071.0050.00102.0036.0017.0098.00
Net increase in cash52.00-226.0021.00250.00-67.00352.00-171.00-171.00
con:CFO.BEFORE_TAX460.00240.00440.00200.00325.00294.00350.00563.00
con:INTEREST_RECEIVED.OPERATING525.00228.00493.00303.00708.00485.00566.001,208.00
con:INTEREST_PAID.OPERATING388.00406.00648.00121.00477.00386.00317.00945.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING203.0085.00234.00134.00264.00168.00212.00491.00
con:CF_OTHER.OPERATING535.00-879.00-1,396.0091.00-762.00-1,544.00-1,963.00-3,256.00
con:INVESTMENTS_PURCHASED18,970.0012,103.0037,880.008,674.007,793.007,106.003,819.008,342.00
con:INVESTMENTS_SOLD17,880.0013,006.0038,307.007,973.006,316.007,666.003,643.008,115.00
con:PPE_DISPOSALS0.000.000.000.001.000.002.002.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.0037.000.005.000.001,034.001,033.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-09-302023-12-312024-03-312024-06-302024-09-302024-10-292024-12-312025-03-312025-05-272025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group20.8317.7717.7515.7915.7114.7814.7614.207.086.270.060.060.060.06
Domestic institutions6.358.878.348.728.469.929.728.497.597.870.110.110.130.19
Mutual funds—————————6.000.080.080.100.15
Insurance companies0.420.410.430.460.480.951.071.041.050.850.010.020.020.03
Foreign institutions61.8862.4863.2264.5665.5865.3866.1567.2266.7868.540.660.660.630.59
Government—————————0.000.00———
Public79.1782.2382.2584.2184.2985.2285.2485.8092.9293.730.940.940.940.94
Non-institutional10.9410.8810.6910.9210.259.929.3610.0918.5417.320.170.170.180.17
Shares outstanding358041906358441564358862640362866808364706888387789105388276731393073939404142748404238707404760442405270365406138438406685017

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
360 ONE Distribution Services LimitedSubsidiaryAny other transaction, Dividend received, Interest r68,407,842,000.0025
360 ONE Prime LimitedSubsidiaryAny other transaction, Dividend received, Interest p40,102,443,000.0025
360 ONE Portfolio Managers LimitedSubsidiaryAny other transaction, Interest received, Sale of go29,947,991,000.0027
360 ONE Alternates Asset Management LimitedSubsidiaryAny other transaction, Interest received, Sale of go7,439,701,000.0020
360 ONE Asset Management LimitedSubsidiaryAny other transaction, Dividend received, Interest r6,362,481,000.0018
Kyrush InvestmentsOther related partyAny other transaction, Sale of goods or services4,594,129,000.005
BC ASIA INVESTMENTS X LIMITEDOther related partyDividend paid531,720,000.001
360 ONE Private Wealth (Dubai) Private LimitedSubsidiaryAny other transaction, Interest received261,712,000.006
Mr. Yatin ShahDirectorAny other transaction, Dividend paid, Remuneration, 245,740,000.007
360 ONE Investment Adviser and Trustee Services LimitedSubsidiaryAny other transaction, Interest received, Sale of go186,522,000.0011
360 ONE Capital Pte. LimitedSubsidiaryAny other transaction, Sale of goods or services182,668,000.008
ANAROCK PROPERTY CONSULTANTS PRIVATE LIMITEDOther related partyAny other transaction147,039,000.002
Mr. Karan BhagatDirectorAny other transaction, Dividend paid, Remuneration, 107,545,000.004
360 ONE FoundationSubsidiaryAny other transaction92,397,000.009
360 ONE WAM LimitedHoldingAny other transaction, Sale of goods or services89,938,000.006

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2025-01-31Q3FY25Read the call
2024-10-28Q2FY25Read the call
2023-05-11Q4FY23Read the call
2023-01-24Q3FY23Read the call
2022-10-25Q2FY23Assets Under Management (AUM)Read the call
2021-08-09Q1FY22− Mr. Mohit Mangal:, − Thank you, Anil.Read the call
2020-11-07Q2FY21L&T acquisition., Wealth Management, by 2.5%.Read the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

TopicQ1FY22Q2FY21Q2FY23Q2FY25Q3FY23Q4FY23
Capex———From a new plant perspective, again it's broadly a third or third or third.——
Capital allocationWe remain on track in our journey towards 20% absolute ROE going into FY23. As a further mark of our focus on capital efficiency and shareholder value…Transactions and flows that had been put on hold due to the lockdown have increasingly been completed in Q2. Accordingly, this quarter has seen a shar…We understand market cycles and our diversified strategies on alternates – across listed, unlisted, credit, RE & Infra – allow us to go through these …And would you be tinkering with the dividend policy in that? − Mr. Karan Bhagat - MD & CEO, 360 ONE WAM: − Thanks, Mohit. we've covered a lot of quest…Before we deep dive into financials, we would like to highlight that we have proposed a share split and bonus issue, both in the ratio of 1:1, subject…Having said that, we build our base case on a conservative note as the sentiment continues to remain cautious on the back of these headwinds. − Despit…
Costs————Abhijit, kindly unmute yourself and ask your question. − Mr. Abhijeet Sakhare: − Hi, good afternoon. − Mr. Karan Bhagat – Managing Director & CEO, 360…—
Debt and cash—————Off the Rs 1,100 Crs, there is a Rs 350 - 400 Crs requirement for working capital which is represented by Rs 100 odd Crs for the broking business and …
Demand———First, on the AMC side of the business, obviously, if I concluded one of the institutional mandates and just want to get some sense of are there more …So, safe to assume that the deal pipeline would be strong going forward in 24 and we would earn significant amount of junk in that as well? − Mr. Kara…Obviously, there may be scenarios and profiles of clients for whom we start with a slightly lower amount, but I think we are fairly clear that any adv…
GuidanceAccordingly, our overall cost to income ratio decreased from 53% to 50.4% for the quarter, and we expect it to sustain at the 50 to 51% level for this…In addition, we had highlighted in our last call that we expect retentions to improve on IIFL One.Accordingly, we are happy to report that our tangible ROE is at 28% and absolute ROE is at 23% vis-à-vis 12.5% at the end of FY21 and 20% at the end o…So, first is that, considering that the strong flows we’ve had this quarter, so your full year guidance of Rs 250 - 300 billion, do you think that wil…As covered by Sanjay, it has been once again an exciting quarter for us amidst all the uncertainty and volatile environment which we expect to stay ar…This has been enabled through our very sharp proposition & platform build on the advisory business and the gradual establishment of the most comprehen…
Margin—− Saptarshi, so fortunately or unfortunately, depends on the timing when you look at it, but we are not very active both on the margin funding or the …—Net Interest Margin would remain around the same.But outside of that the operating leverage on the expense side will be fairly high.And third part of it is something which we’ve kind of already incurred and the remaining 60-70% will be kind of followed through over the next two odd…
PeopleThis is again in line with our strategic focus on hiring and retaining the right teams in wealth as well as asset management, while sharpening our spe…These 2 metrics coupled with low client attrition and a broadly stable equity market has allowed for strong AUM growth. − ARR and IIFL One continue to…6000 Crs net new flows coming 2/3rd from new clients and a third from existing clients. − Mr. Prayesh Jain – Motilal Oswal Institutional Equities: − J…But Karan, is it fair to assume that the incremental hiring, which you have done in 12 to 18 months, will be more than sufficient, if there is any imm…—My last question is in terms of our attrition which is low.
Pricing—If he is going to look at you as a distributor who is going to invest in a single mutual fund for him, I think the question on pricing will continue.——Just extending the previous participants question on the flow front, so is there a more challenge to get flows now given the market situation where we…—
Revenue growthBoth the businesses have seen about 20% recurring revenue growth in the last quarter. − On the retention side, while total retentions have largely bee…—Specifically highlighted by the continued ARR AUM and ARR revenue growth of 17% and 23% respectively for the first half of FY23 and the strong Profit …——On the alternate side, I think the big joker in the pack, in terms of retentions, will really be the growth of the private equity assets relative to t…

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2021-08-09Q1FY22− Thank you, Anil.Accordingly, our overall cost to income ratio decreased from 53% to 50.4% for the quarter, and we expect it to sustain at the 50 to 51% level for this financial year. − On the profitability side, the operating profits increased 15% quarter on quarter and 90% over the last year, to 130 crores.
2021-08-09Q1FY22− Thank you, Anil.Today we are 27 months into this journey and our AUM split between ARR and TBR assets is equal at 50:50, and our revenue mix between recurring revenues and transactional revenues is at 67% to 33% which is very much in line with our guidance of getting to approximately 70 to 75% of revenues being ARR in nature by the end of FY22 which should be 36 months into our entire transformation journey.
2022-10-25Q2FY23Assets Under Management (AUM)Accordingly, we are happy to report that our tangible ROE is at 28% and absolute ROE is at 23% vis-à-vis 12.5% at the end of FY21 and 20% at the end of FY22. We expect to sustain this at the 23-25% levels.