360ONE - 360 ONE
📢 Recent Corporate Announcements
360 ONE WAM Limited has announced a series of in-person meetings with institutional investors and analysts scheduled across three windows in March 2026. The interactions will take place on March 10-11, March 12-13, and March 23-24, involving both group and one-on-one formats. Management intends to discuss the company's financial performance and investor presentation for the quarter and nine months ended December 31, 2025. These meetings are part of the company's standard investor relations outreach to maintain transparency with the institutional community.
- Scheduled three separate meeting windows: March 10-11, March 12-13, and March 23-24, 2026.
- Meetings will be conducted in-person and include both group and one-on-one sessions.
- Discussions will focus on the financial results and presentation for the period ended December 31, 2025.
- The schedule is subject to change based on the availability of management or investors.
360 ONE WAM LIMITED has allotted 3,84,008 equity shares of face value Re. 1 each to employees upon the exercise of stock options. This move increases the company's total paid-up share capital from 40,55,31,961 to 40,59,15,969 equity shares. The allotment was approved by the Nomination and Remuneration Committee on February 23, 2026. Such allotments are standard practice in the financial services industry to incentivize and retain talent.
- Allotment of 3,84,008 equity shares of face value Re. 1 each.
- Paid-up share capital increased from Rs. 40,55,31,961 to Rs. 40,59,15,969.
- Total number of equity shares outstanding rose to 40,59,15,969.
- Allotment made under the company's Employee Stock Options Scheme(s).
360 ONE WAM LIMITED has been assigned an ESG (Environmental, Social, and Governance) rating of 70 by NSE Sustainability Ratings and Analytics Limited for the financial year ending March 31, 2025. The rating was issued by a SEBI-registered Category I ESG Rating Provider (ERP) and communicated to the company on February 17, 2026. This disclosure is part of the company's compliance under Regulation 30 of SEBI (LODR) Regulations. Such ratings are increasingly used by institutional investors to assess non-financial risk and sustainability performance.
- NSE Sustainability Ratings assigned a score of 70 for the financial year ended March 31, 2025.
- The rating provider is a SEBI-registered Category I ESG Rating Provider (ERP).
- The official notification was received by the company on February 17, 2026.
- Disclosure made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
360 ONE WAM LIMITED has allotted 2,61,596 equity shares of face value Re. 1 each to employees following the exercise of stock options. This allotment has increased the company's total paid-up share capital from Rs. 40,52,70,365 to Rs. 40,55,31,961. The dilution resulting from this allotment is negligible, representing approximately 0.06% of the total share capital. Such actions are standard practice for wealth management firms to incentivize and retain key personnel.
- Allotment of 2,61,596 equity shares to employees under the ESOP scheme.
- Total paid-up share capital increased to 40,55,31,961 equity shares of Re. 1 each.
- The resolution for allotment was passed by the Nomination and Remuneration Committee on January 23, 2026.
- The increase in share capital is marginal, moving from Rs. 40.52 crore to Rs. 40.55 crore.
360 ONE WAM LIMITED has clarified to the exchanges regarding a news report about raising ₹1,000 crore for its Multi-Stage Defence & Space Strategy. The company stated that the 360 ONE Multistage Defence Fund is an ongoing Alternative Investment Fund (AIF) scheme managed by its subsidiaries. They emphasized that fund mobilization and deployment for such schemes are part of their routine, day-to-day asset management business. The company confirmed that no specific press release was issued and there is no material impact on the company's financials from this news.
- Exchange sought clarification on news of a ₹1,000 crore fundraise for a Defence & Space Strategy fund.
- 360 ONE confirmed the fund is an existing AIF scheme under its asset management business.
- Company stated fund mobilization for AIFs is a recurring, day-to-day operational activity.
- Management clarified that no formal press release was issued regarding this specific milestone.
- The company reported nil material impact on its operations or financial standing due to this news.
360 ONE WAM reported its highest-ever quarterly PAT of ₹331 crores for Q3 FY26, marking a 20.3% YoY growth. Total Annual Recurring Revenue (ARR) AUM increased by 28% YoY to ₹3,17,906 crores, driven by strong quarterly net flows of ₹14,758 crores. The company is successfully diversifying its revenue streams through the rebranding of B&K Securities to 360 ONE Capital and a global collaboration with UBS. Management highlighted robust performance in the Alternates business and a scaling HNI segment with over 60 Relationship Managers across 12 locations.
- Highest ever quarterly PAT of ₹331 crores, up 20.3% YoY, with Tangible ROE improving to 21%.
- Total ARR AUM grew 28% YoY to ₹3,17,906 crores; Wealth ARR AUM stands at ₹2,18,957 crores.
- Strong 9-month net flows of ₹46,890 crores, with organic flows already equaling full-year FY25 levels.
- ARR revenue surged 45.4% YoY to ₹619 crores, now constituting 77% of total operating revenue.
- Successful integration of B&K Securities (360 ONE Capital) and launch of Global Collaboration Framework with UBS.
360 ONE WAM LIMITED has announced a series of six investor conferences scheduled between January 22 and February 25, 2026. The company will engage with institutional investors through both virtual and in-person meetings hosted by major firms including Goldman Sachs, ICICI Securities, and Kotak Securities. These interactions will focus on discussing the company's financial performance for the quarter and nine months ended December 31, 2025. This extensive outreach indicates a proactive investor relations strategy to maintain transparency with global and domestic institutions.
- Participation in 6 major institutional investor conferences over a 5-week period starting January 22, 2026.
- Engagement with top-tier brokerages including Goldman Sachs, ICICI Securities, Nuvama, Axis Capital, Kotak Securities, and IIFL.
- Discussions will primarily cover the financial results for the quarter and nine months ended December 31, 2025.
- Meetings will include a combination of virtual, in-person, group, and one-on-one sessions.
360 ONE WAM LIMITED has officially released the audio and video recordings of its earnings conference call held on January 15, 2026. The call addressed the company's financial performance for the quarter and nine-month period ending December 31, 2025. These recordings are now accessible to the public on the company's investor relations website. This disclosure is a routine regulatory requirement under SEBI Listing Obligations to ensure transparency for all market participants.
- Earnings call conducted on January 15, 2026, at 5:30 PM IST following Q3 results.
- Recordings cover performance metrics for the nine months ended December 31, 2025.
- Compliance maintained with Regulation 30 of SEBI (LODR) Regulations, 2015.
- Recordings are hosted at https://ir.360.one/investor-relations/reports-and-presentations/.
360 ONE WAM reported a strong financial performance for Q3 FY26, with Profit After Tax (PAT) rising 20.3% YoY to Rs 331 crore. Total revenue grew by 21.8% YoY to Rs 826 crore, primarily driven by a significant 45.4% jump in Annual Recurring Revenue (ARR). The company's total Assets under Management (AUM) reached Rs 7.11 lakh crore, with the high-quality ARR AUM segment growing 28.2% YoY to Rs 3.17 lakh crore. Notably, combined ARR retention improved to 81 bps from 70 bps in the same quarter last year, reflecting better monetization of assets.
- Q3 FY26 PAT increased 20.3% YoY to Rs 331 crore, while total revenue rose 21.8% to Rs 826 crore.
- Annual Recurring Revenue (ARR) AUM grew 28.2% YoY to Rs 3,17,906 crore, now contributing 77% of operating revenue.
- Wealth Management ARR AUM saw robust growth of 34.5% YoY, reaching Rs 2,18,957 crore.
- Combined ARR retention improved significantly to 81 bps compared to 70 bps in Q3 FY25.
- Tangible Return on Equity (RoE) stood at a healthy 21.0% for the quarter with a tangible net worth of Rs 6,327 crore.
360 ONE WAM reported a strong Q3 FY26 with a 20.3% YoY increase in Profit After Tax (PAT) to Rs 331 crore and a 21.8% rise in total revenue to Rs 826 crore. The growth was primarily driven by a significant 45.4% jump in Annual Recurring Revenue (ARR), which reached Rs 619 crore. Total Assets Under Management (AUM) crossed the Rs 7.11 lakh crore mark, with the high-margin ARR AUM growing 28.2% YoY. Retention rates also showed healthy improvement, rising to 81 bps from 70 bps in the previous year.
- Consolidated PAT grew 20.3% YoY to Rs 331 crore, with total revenue reaching Rs 826 crore
- Annual Recurring Revenue (ARR) AUM surged 28.2% YoY to Rs 3,17,906 crore
- Wealth Management ARR AUM saw robust growth of 34.5% YoY, reaching Rs 2,18,957 crore
- Combined ARR retention improved significantly to 81 bps compared to 70 bps in Q3 FY25
- Tangible Return on Equity (ROE) stood at a healthy 21.0% for the quarter
360 ONE WAM LIMITED has filed its quarterly compliance report under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The report, provided by MUFG Intime India Private Limited, confirms that all dematerialization requests received during the quarter ended December 31, 2025, were processed correctly. It ensures that physical share certificates were mutilated and cancelled, and the names of depositories were updated in the company's records. This filing is a standard procedural requirement for listed companies in India.
- Compliance certificate for the quarter ended December 31, 2025, submitted to BSE and NSE.
- Registrar MUFG Intime India confirmed the processing of dematerialization requests.
- Securities comprised in certificates are listed on the stock exchanges where earlier shares are listed.
- Physical certificates were mutilated and cancelled after due verification within prescribed timelines.
360 ONE WAM LIMITED has scheduled a Board of Directors meeting on January 15, 2026, to approve the standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025. Following the board meeting, the company will host an earnings conference call at 5:30 p.m. IST on the same day. This is a routine regulatory announcement providing the timeline for the upcoming quarterly earnings release. Investors will be looking for updates on the company's Assets Under Management (AUM) and revenue growth during this period.
- Board meeting scheduled for January 15, 2026, to approve Q3 and 9M FY26 results.
- Earnings conference call to be held at 5:30 p.m. IST on January 15, 2026.
- The meeting will consider both standalone and consolidated unaudited financial performance.
- Post-call transcripts and recordings will be made available on the company's official website.
360 ONE WAM LIMITED has announced the closure of its trading window for all designated persons starting January 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of financial results. The window will remain closed until 48 hours after the unaudited financial results for the quarter and nine months ended December 31, 2025, are approved and filed. This is a standard regulatory procedure for listed companies in India.
- Trading window closure begins on Thursday, January 1, 2026
- Applies to financial results for the quarter and nine months ended December 31, 2025
- Window to reopen 48 hours after the board meeting and filing of results
- All Directors and Designated Persons are prohibited from trading during this period
360 ONE WAM LIMITED has approved the grant of 3,527,736 Employee Stock Options (ESOPs) to eligible employees under its 2025 schemes. The grant is divided into two series: Series 1 with 2,723,289 options and Series 2 with 804,447 options. Both series carry a nominal exercise price of Re. 1 per option, significantly below the market price. The vesting schedules range from 2 to 6 years and are tied to performance-based criteria, aiming to align employee interests with long-term shareholder value.
- Total grant of 3,527,736 ESOPs approved by the Nomination and Remuneration Committee.
- Series 1 (27.23 lakh options) features a long-term 6-year vesting schedule (0/0/0/33/33/34).
- Series 2 (8.04 lakh options) features a shorter 2-year vesting schedule concluding in September 2027.
- All options are granted at a nominal exercise price of Re. 1 per share.
- Vesting for both series is subject to performance-based criteria.
360 ONE WAM LIMITED has incorporated a 100% step-down subsidiary named 360 ONE Global Asset Management (IFSC) Limited on December 23, 2025. Based in GIFT City, this new entity will focus on portfolio management and investment management services. The move is a strategic expansion to leverage the International Financial Services Centre's ecosystem for global fund management. The subsidiary is currently awaiting regulatory approvals from SEBI and IFSCA to commence its business operations.
- Incorporated 360 ONE Global Asset Management (IFSC) Limited as a 100% step-down subsidiary on Dec 23, 2025.
- The new entity will operate within the Gujarat International Finance Tec-City (GIFT City).
- Business focus includes Portfolio Management Services (PMS) and acting as an investment manager to funds.
- The subsidiary must obtain necessary regulatory approvals from SEBI and IFSCA before starting operations.
- The incorporation follows a previous board intimation made on November 20, 2025.
Financial Performance
Revenue Growth by Segment
Wealth Management revenue grew 35.5% to INR 1,845 Cr in FY25, with H1 FY26 revenue reaching INR 1,057 Cr (up 19.9% YoY). Asset Management revenue for H1 FY26 stood at INR 368 Cr, representing a 45.6% YoY increase from INR 253 Cr in H1 FY25.
Geographic Revenue Split
100% of revenue is derived from India-based operations, focusing on the domestic UHNI, HNI, and mass affluent segments.
Profitability Margins
Operating PBT margin stood at 44.6% in Q2 FY26 (INR 363 Cr PBT on INR 813 Cr revenue). Tangible RoE was 24.3% in FY25, down from 30.1% in FY24 due to the equity base expansion following the INR 2,250 Cr QIP.
EBITDA Margin
Operating PBT margin was 44.6% in Q2 FY26, reflecting core profitability after accounting for a 33.7% YoY increase in total costs to INR 400 Cr.
Capital Expenditure
INR 2,250 Cr was raised via QIP in October 2024, with INR 1,200 Cr deployed to strengthen the lending base of 360 ONE Prime and INR 800 Cr infused into the alternates asset management business.
Credit Rating & Borrowing
The company maintains an [ICRA]A1+ rating for its commercial paper programme, with borrowing costs for recent placements ranging between 7.00% and 7.10%.
Operational Drivers
Raw Materials
Not applicable for financial services; however, employee compensation represents the largest operational cost at 71.25% of total costs (INR 285 Cr out of INR 400 Cr) in Q2 FY26.
Capacity Expansion
Current capacity includes 90 team leaders and over 128 relationship managers (RMs) as of March 2025. Expansion is driven by onboarding new RM teams to compensate for recent exits and support the HNI segment build-out.
Raw Material Costs
Employee costs rose 27.1% YoY to INR 285 Cr in Q2 FY26, driven by the integration of B&K Securities and ET Money teams.
Manufacturing Efficiency
Cost-to-income ratio stood at 49.2% in Q2 FY26; management targets a long-term reduction to 45-46% as new business initiatives like ET Money and the HNI segment turn productive.
Strategic Growth
Expected Growth Rate
21.70%
Growth Strategy
Growth is targeted through the integration of B&K Securities for equity advisory, the acquisition of UBS AG's India wealth business to expand the UHNI footprint, and leveraging ET Money to capture the mass affluent market.
Products & Services
Wealth advisory, Alternative Investment Funds (AIFs), Portfolio Management Services (PMS), Mutual Funds, Managed Accounts, and lending products including Loan Against Shares (LAS) and Loan Against Property (LAP).
Brand Portfolio
360 ONE, ET Money, B&K Securities.
New Products/Services
360 ONE Plus proposition and expansion into the HNI segment, which saw ARR AUM growth of 32.4% YoY in Q2 FY26.
Market Expansion
Expansion into the mass affluent segment via ET Money and the mid-market HNI segment to diversify the client base beyond the core UHNI segment.
Market Share & Ranking
Maintains a leading market position in the Indian wealth management industry, supported by INR 6,71,625 Cr in total AUM.
Strategic Alliances
Strategic collaboration with UBS AG for the transfer of its India wealth management business, completed in September 2025.
External Factors
Industry Trends
The industry is shifting from a broker-led model to an advisory-led model to reduce regulatory uncertainty; growth is driven by India's aspiration to become a developed economy by 2047.
Competitive Landscape
Faces competition from private banks and boutique wealth managers; differentiates through its '360 ONE Plus' advisory proposition and alternates platform.
Competitive Moat
Brand equity and a base of 8,500+ UHNI families create high switching costs, evidenced by a low 1.1% client attrition rate in FY25. This moat is sustainable due to the common senior management team and strong financial synergies.
Macro Economic Sensitivity
Highly sensitive to capital market movements; transaction-based income (36% of FY25 revenue) fluctuates directly with market sentiment and trading activity.
Consumer Behavior
Rising demand for seamless digital engagements and professional wealth management among the expanding affluent population.
Geopolitical Risks
Global market volatility can adversely impact AUM valuations and institutional mandates, affecting the 0.81% ARR retention in Asset Management.
Regulatory & Governance
Industry Regulations
Subject to RBI NBFC regulations for 360 ONE Prime, which maintained a capital-to-risk weighted assets ratio of 29.6% as of June 2025, well above regulatory minimums.
Environmental Compliance
Service-oriented model limits direct environmental risk; the company has adopted a Board-approved ESG policy to manage indirect credit risks.
Taxation Policy Impact
Standard corporate tax rates apply; management has guided toward lower dividend payouts to retain capital for the growth of 360 ONE Prime and 360 ONE AAM.
Risk Analysis
Key Uncertainties
Regulatory changes in distribution fees and RM attrition (loss of key teams) could impact AUM by 1-2% and increase periodic revenue volatility.
Geographic Concentration Risk
100% of revenue is concentrated in the Indian market, making the firm highly dependent on domestic economic growth and local capital market performance.
Third Party Dependencies
Dependency on marquee institutional investors like Bain Capital (18.21% stake) for financial flexibility and capital raising ability.
Technology Obsolescence Risk
Mitigated by strategic investments in the ET Money digital platform to capture the tech-savvy mass affluent segment.
Credit & Counterparty Risk
360 ONE Prime lending book (INR 7,711 Cr) is 86% LAS, which utilizes highly liquid collateral, thereby reducing credit exposure risks.