Total ARR AUM
₹3,11,940 Cr
+26% YoY
Total annualized recurring revenue AUM grew 26% year-on-year to ₹3.12 lakh crore.
360ONEWAM
Other
2026-04-??
360 One Wam Ltd — Q4 FY26
360 One Wam delivered a strong FY26 with total revenue of ₹3,144 crore (+18.6% YoY) and PAT of ₹1,225 crore (+20.7% YoY), driven by robust net flows of ₹55,875 crore (organic +36%) and ARR revenue growth of 34.5%.
✓ Verified against BSE filing
2-Min Summary
✦ AI-Generated from Full Transcript
360 One Wam delivered a strong FY26 with total revenue of ₹3,144 crore (+18.6% YoY) and PAT of ₹1,225 crore (+20.7% YoY), driven by robust net flows of ₹55,875 crore (organic +36%) and ARR revenue growth of 34.5%. The wealth and asset management flywheel is gaining traction, with UHNI franchise contributing 12-15% opening AUM net flows annually. Management guided for 20-25% AUM growth and 15-25% PAT growth in wealth, while targeting cost-to-income improvement from ~50% to 46-48% over 2-3 years. Key risks include execution on scaling relationship managers from 200 to 330 and potential attrition in a competitive talent market.
Key Numbers
Net Flows (Organic)
₹35,199 Cr
+36% YoY
Organic net flows excluding acquisition-related outflows rose 36% to ₹35,199 crore.
ARR Revenue Retention
78 bps
flat YoY
Overall ARR revenue retention was 78 bps, with wealth at 76 bps and asset management at 83 bps.
Quarterly TBR (Q4)
₹230 Cr
+53.7% YoY
Transaction and broking revenue for Q4 was ₹230 crore, up 53.7% YoY, partly due to BNK consolidation.
Management Guidance
Wealth AUM growth of 20-25% annually
Management expects wealth management AUM to grow 20-25% per year, driven by 12-15% opening AUM net flows and 10-14% market-to-market gains.
Management guidance growthWealth PAT growth of 15-25%
Wealth management profit after tax is expected to grow 15-25% annually over the next 3-4 years.
Management guidance growthCost-to-income ratio improvement to 46-48%
Overall cost-to-income ratio, currently ~50%, is targeted to improve to 46-48% over the next 2-3 years through operational leverage.
Management guidance marginsQuarterly TBR run-rate of ₹160-180 crore
Management revised the sustainable quarterly transaction brokerage revenue run-rate from ₹125-130 crore to ₹160-180 crore, with potential to reach ₹200 crore.
Management guidance revenueKey Risks
Execution risk in scaling relationship managers
Scaling senior RMs from ~200 to 330 over 12-18 months is challenging; attrition and competition for talent could slow progress.
medium · management_commentaryAttrition of key relationship managers
Management acknowledged 2-4% annual attrition risk; loss of top performers could impact client relationships and flows.
medium · analyst_questionRegulatory/tax demand of ₹336 crore
Company received a tax demand of ₹336 crore; while management believes it has strong grounds to appeal, an adverse outcome could impact earnings.
medium · management_commentaryMarket volatility impacting transactional income
Transactional brokerage revenue is partly dependent on market conditions; a prolonged downturn could pressure TBR despite diversification.
low · data_observationNotable Quotes
Our brand has never been stronger before over the last 18 to 19 years since we started our business in 2008.
We would be safe to say that 125-130 crores of quarterly TBR now looks like closer to the 175-180 crores of TBR for sure.
We have to be prepared for 2 to 4% attrition every year.
Frequently Asked Questions
What was 360 One Wam's revenue in Q4 FY26?
360 One Wam reported revenue of ₹1,115 Cr in Q4 FY26, representing a +18.6% change compared to the same quarter last year.
What guidance did 360 One Wam management give for FY27?
Wealth AUM growth of 20-25% annually: Management expects wealth management AUM to grow 20-25% per year, driven by 12-15% opening AUM net flows and 10-14% market-to-market gains. Wealth PAT growth of 15-25%: Wealth management profit after tax is expected to grow 15-25% annually over the next 3-4 years. Cost-to-income ratio improvement to 46-48%: Overall cost-to-income ratio, currently ~50%, is targeted to improve to 46-48% over the next 2-3 years through operational leverage. Quarterly TBR run-rate of ₹160-180 crore: Management revised the sustainable quarterly transaction brokerage revenue run-rate from ₹125-130 crore to ₹160-180 crore, with potential to reach ₹200 crore.
What are the key risks for 360 One Wam in FY27?
Key risks include Execution risk in scaling relationship managers — Scaling senior RMs from ~200 to 330 over 12-18 months is challenging; attrition and competition for talent could slow progress.; Attrition of key relationship managers — Management acknowledged 2-4% annual attrition risk; loss of top performers could impact client relationships and flows.; Regulatory/tax demand of ₹336 crore — Company received a tax demand of ₹336 crore; while management believes it has strong grounds to appeal, an adverse outcome could impact earnings.; Market volatility impacting transactional income — Transactional brokerage revenue is partly dependent on market conditions; a prolonged downturn could pressure TBR despite diversification..
Did 360 One Wam meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full 360 One Wam Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary verified against official BSE/NSE filings.