360 ONE WAM LIMITED — Q1FY27 Earnings Call Summary

360ONE · Q1FY27 · Filed 21 Jul 2026

Key Takeaways

• Cost-to-income ratio improved to 51.3%; expected to decline 100-150 bps by FY27 end
• UBS collaboration progressing; expected to launch mutual funds and cross-referrals soon
• Retention pressure mainly due to mix and carry recognition; overall ARR retention expected between 70-75 bps
• Q1 FY27 ARR AUM increased 19% to Rs 3.42 lakh crores; total AUM up 17% to Rs 7.8 lakh crores
• HNI business scaling with 60+ RMs managing Rs 5,000+ crores AUM; break-even expected this year
• ECM mandates team building; revenue currently small but expected to grow to 15-20% of transaction brokerage in 2-3 years
• ARR revenues rose 20.3% y-y to Rs 614 crores; ARR retention at 74 bps
• Total revenue Rs 870 crores (+20% y-y); PAT Rs 330 crores (+14.8%); tangible ROE 19.4%
• Wealth business net flows strong at Rs 13,379 crores; asset management net flows negative due to one large outflow
• Private credit industry seen as nascent with strong growth potential; company focused on 10-15% and 13-15% yield buckets

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.