360 ONE WAM LIMITED — Q1FY27 earnings call summary

Filed 21 July 2026 · Official transcript

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%