360 ONE WAM Ltd(360ONE)

NSE: 360ONEBSE: 542772

₹ 997.3-4.94%refreshed 23 Oct, 03:53 pm ISTMarket cap: ₹ 40,681 crWebsite: www.360.oneUpdated: 24 Oct 2026

About

360 ONE WAM Ltd is a wealth and asset manager serving ultra-high-net-worth and high-net-worth individuals through two segments: Wealth Management (77.3% of FY26 revenue) and Asset Management (22.7%). It serves more than 8,500 client families and corporates. Total AUM stood at ₹8,99,481 cr in Q2 FY27, with ARR AUM of ₹3,53,382 cr. FY26 revenue was Rs 4,361.62 Cr.^[1][2][3][4]

Business segments

Wealth Management contributed Rs 3,458.38 Cr of revenue (77.3% share) in FY26; its share fell 9.5 pp over FY20-FY26.^[1]
Asset Management contributed Rs 1,016.35 Cr of revenue (22.7% share) in FY26; its share rose 9.5 pp over FY20-FY26.^[1]
ARR (recurring) revenue was Rs 706 Cr in Q2 FY27, up 27.5% YoY and 15% QoQ.^[3]
Transactional/brokerage income was Rs 190 Cr in Q2 FY27, down 9.1% YoY and 8.7% QoQ from Rs 208 Cr in Q1 FY27.^[3]

AUM and key operating metrics

Total AUM was ₹8,99,481 cr and ARR AUM ₹3,53,382 cr in Q2 FY27; total ARR AUM was ₹3,11,940 Cr in FY26, up 26% YoY.^[3][2]
Wealth ARR AUM was Rs 2,52,627 Cr in Q2 FY27 (+24.3% YoY); 360 ONE Plus grew 37.8% YoY and Distribution 15.0% YoY.^[3]
Asset Management ARR AUM was Rs 1,00,754 Cr in Q2 FY27 (+9.4% YoY); net flows were Rs 1,492 Cr vs -2,564 Cr in Q1 FY27.^[3]
ARR net flows were ₹12,482 cr in Q2 FY27, vs Rs 10,815 Cr in Q1 FY27.^[3][5]
ARR retention was 79 bps in Q2 FY27, vs 74 bps in Q1 FY27.^[3][5]
Return on tangible equity was 16.9% in Q2 FY27, vs 19.4% in Q1 FY27 and 19.3% in FY26.^[3][5]
Lending book was Rs 12,942 Cr in Q1 FY27 (+67.8% YoY), mainly Lombard lending to wealth clients; a full decade without NPA or credit loss as of FY26.^[5][2]
Cost-to-income ratio was 51.3% in Q1 FY27 vs 53.5% in Q4 FY26; FY26 full-year was 45.9%.^[5]

Asset management products

360 ONE Alternates Asset Management had total AUM of ₹49,092 Cr in March 2026.^[2]
AIF AUM was Rs 56,294 Cr in Q1 FY27 (+24.7% YoY), vs Rs 52,533 Cr at end of FY26.^[5]
Fifth private credit strategy reached final close at ~₹3,500 Cr in FY26, the firm's largest credit strategy so far; a Defence & Space strategy closed at ₹1,500 Cr vs a ₹1,000 Cr target.^[2]
The firm manages 24 Large Value Funds with cumulative commitments of ~₹15,900 Cr, and has returned over ₹18,960 Cr to limited partners through exits (FY26).^[2]
Carried interest was ₹34 cr in Q2 FY27; FY26 alternates carry was Rs 162 Cr vs Rs 64 Cr in FY25.^[3][6]
AMC client folios rose from 2.29 lakhs in FY25 to 2.52 lakhs in FY26.^[2]
Discretionary PMS AUM was Rs 30,184 Cr in FY26 (-3.6% YoY); the strategy was relaunched in June 2026.^[6]

Clients and distribution

Serves more than 8,500 client families and corporates and more than 600 corporate treasuries and global institutional mandates (FY26).^[2]
Professionals and professional entrepreneurs make up 15-20% of clients (FY26).^[2]
UHNI franchise serves about 4,100 client families; target of 9,000-10,000 families over three years from Q1 FY27.^[5]
UHNI senior RMs were 180-200 at Q4 FY26, with a plan to reach 300-325 within 12-18 months.^[6]
HNI Reserve segment had 60+ RMs in 12 locations managing Rs 5,100-5,200 Cr for 800+ clients in Q1 FY27, up from Rs 4,000 Cr and 650+ clients at end of FY26.^[5]
360 ONE Capital (formerly B&K Securities) covers 500+ mid- and small-cap stocks and serves 300+ institutional clients.^[6][2]
Operates in 16 states and 4 countries; exports were 7.49% of standalone and 3.26% of consolidated turnover in FY26.^[2]

Strategic initiatives

UBS India's wealth business was integrated, adding about Rs 5,000 Cr AUM on 29 September 2025; an exclusive global collaboration framework with UBS was signed in November 2025.^[2][7]
ET Money, the mass-affluent digital platform, cut operating losses by more than half in under nine months; near-breakeven targeted by Q4 FY27.^[2][5]
An ECM team is being built under 360 ONE Capital, targeted at full strength by October-December 2026; investment banking contribution expected over 12-18 months from FY26.^[5][2]
Setting up a wholly owned subsidiary in GIFT City for offshore fund management (FY26).^[2]

Management targets

Ambition to double market share over the next three to five years from FY26.^[2]
Cost-to-income targeted at ~50% for FY27 and 45-47% over 2-3 years.^[5]
Three-year targets from FY25 base: PAT of Rs 1,800-2,100 Cr by FY28, AUM CAGR of 22-24%, revenue CAGR of 16-18%.^[8]

Recent developments

Preferential warrants issued to UBS AG (20,502,939 at Rs 1,030; Rs 2,111.80 Cr) and Saahil Murarka (Rs 391.59 Cr); 25% received, conversion due by Jan 2027.^[2]
After FY26, the PMS and AIF business of 360 ONE Portfolio Managers is to move to 360 ONE Asset Management by slump sale.^[2]
After FY26, 360 ONE Alternates is to buy Quark Solar Private Limited for Rs 9.39 Cr in cash.^[2]
Proposed ESAR scheme of up to 11,20,000 shares, about 0.28% of paid-up capital (FY26).^[2]

Market Cap

₹40,681 Cr

High / Low

₹1,236 / 906

Stock P/E

32.5

Price / Book

3.9

Book Value

₹242

EPS

₹29.9

No. of Shares

40.61 Cr

ROE

14.4%

Sales

₹4,362 Cr

Net Profit

₹1,216 Cr

Promoter holding

6.2%

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360 ONE WAM Ltd(360ONE)

About

Business segments

AUM and key operating metrics

Asset management products

Clients and distribution

Strategic initiatives

Management targets

Recent developments

Signal history

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