360 ONE WAM Limited , a leading wealth and asset management firm, has reported a strong performance for the first quarter, with significant growth across various business segments. The company's strategic initiatives, including recent acquisitions and collaborations, are expected to drive further expansion in the coming quarters.

Key Highlights

• Total ARR (Annual Recurring Revenue) AUM (Assets Under Management) increased by 30% year-on-year to Rs 2,87,317.00 crore.
• The company recorded its highest ever quarterly PAT (Profit After Tax) at Rs 287.00 crore, an increase of 18% year-on-year.
• ARR Revenue for the quarter grew by 35.9% year-on-year to Rs 511.00 crore.
• The company maintains a strong client base with 4,200+ clients having total AUM of 10 crore or more, accounting for 95% of Wealth AUM (excluding custody).

Strategic Developments

B&K Securities Acquisition

360 ONE WAM successfully completed the acquisition of B&K Securities on May 27, 2025. The integration process has begun, with Mr. Saahil Murarka, promoter and MD of B&K Securities, joining the 360 ONE leadership team and board. This acquisition is expected to strengthen the company's broking and transactional platform within its Wealth Management franchise.

UBS Collaboration

The company has received all required regulatory approvals for its strategic collaboration with UBS. This partnership encompasses business collaboration across geographies and business segments, UBS AG's stake in 360 ONE, and the integration of UBS India's wealth management business with 360 ONE WAM. The collaboration is expected to enhance the company's global reach and service offerings.

ET Money Integration

360 ONE WAM has made significant progress in integrating ET Money into its operations. The business has reduced its losses from around Rs 5.00 crore per month to approximately Rs 6-7 crore per quarter. The company has developed a clear growth strategy for ET Money, focusing on the mass affluent segment and driving higher monetization of its expanding client base.

Financial Performance

The company's retention on ARR AUM remains strong at 79 basis points overall and 70 basis points excluding carry income. The cost-to-income ratio improved to 48.4% compared to 50.7% in the previous quarter.

Business Outlook

360 ONE WAM remains focused on achieving net flows of 12-15% of its opening ARR AUM for the year. The company aims to collect between Rs 27,000.00 crore to Rs 35,000.00 crore in net flows across its wealth and asset management businesses.

In the asset management segment, the company plans to launch one strategy-based alternate scheme every quarter, targeting 4-5 new funds throughout the year. This approach is expected to help achieve the target of Rs 8,000.00 to 10,000.00 crore in new assets.

Karan Bhagat, Managing Director & CEO of 360 ONE WAM, commented on the performance, stating, "We are pleased with our strong start to the fiscal year, with robust growth across our key business segments. Our strategic initiatives, including the B&K Securities acquisition and UBS collaboration, position us well for continued expansion and enhanced service offerings to our clients."

360 ONE WAM continues to execute its growth strategy, remaining well-positioned to capitalize on the growing wealth and asset management opportunities in India.

360 One WAM Limited, a leading wealth and asset management company, has reported robust financial results for the first quarter, showcasing significant growth across key metrics.

Strong Growth in Assets Under Management

The company's total Assets under Management (AUM) on an Annualized Recurring Revenue (ARR) basis increased by 30% year-over-year to Rs 2,87,317.00 crore. This impressive growth was supported by strong net flows of Rs 20,950.00 crore, which included Rs 18,266.00 crore from the recently acquired B&K Securities.

Solid Financial Performance

360 ONE WAM's ARR Revenue for Q1 grew by 35.9% year-over-year to Rs 511.00 crore, representing 77% of total revenues from operations. The company achieved its highest quarterly Profit After Tax (PAT) of Rs 287.00 crore, marking an 18% increase compared to the same period last year.

Total revenue for the quarter stood at Rs 725.00 crore, while costs increased by 32.7% to Rs 351.00 crore. The cost-to-income ratio improved to 48.4% compared to 50.7% in the previous quarter.

Key Business Highlights

• B&K Securities Acquisition: The company successfully completed the acquisition of B&K Securities in May, strengthening its broking and transactional platform within the Wealth Management franchise.

• UBS Collaboration: 360 ONE WAM received all required regulatory approvals for its strategic collaboration with UBS, which is expected to enhance the company's global reach and wealth management capabilities.

• ET Money Integration: The company is making progress in integrating ET Money, aiming to penetrate the mass affluent segment and drive growth in its rapidly expanding client base.

• Asset Management Growth: The company continues to focus on deepening its channel presence in the domestic market, particularly through Mutual Fund Distributors (MFDs).

Management Commentary

Karan Bhagat, Managing Director & CEO of 360 ONE WAM, commented on the results: "We are pleased with our strong performance in Q1, which reflects the robustness of our business model and the successful execution of our growth strategies. The integration of B&K Securities and our collaboration with UBS are set to unlock new opportunities and enhance our value proposition to clients."

Outlook

The company remains optimistic about its growth prospects, targeting net flows of 12-15% of opening ARR AUM for the full year. Management anticipates gradual yield compression of 2-3 basis points due to business mix changes but expects to maintain strong retention rates on ARR AUM.

360 ONE WAM continues to focus on expanding its product offerings, strengthening its distribution network, and leveraging strategic partnerships to drive sustainable growth in the wealth and asset management sector.

Recent Corporate Developments

In a separate announcement, 360 ONE WAM Limited received an ESG rating of 'ESG 65' from NSE Sustainability Ratings and Analytics Limited for the financial year ended March 31, 2024. This rating reflects the company's commitment to environmental, social, and governance practices.

As 360 ONE WAM continues to strengthen its position in the wealth and asset management industry, investors and stakeholders will be watching closely to see how the company capitalizes on its recent strategic moves and navigates the evolving financial landscape.