360 ONE WAM Limited (NSE:360ONE) disclosed the outcome of its Board of Directors meeting held on July 16, 2026, in which the Board approved unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported a consolidated Profit After Tax (including OCI) of Rs 330 crore, up 14.8% year-on-year, while total revenues rose 20.0% YoY to Rs 870 crore. The Board also approved a new Employee Stock Appreciation Rights Scheme 2026, subject to shareholder approval.
Key Highlights
- Consolidated Profit After Tax (including OCI) for Q1 FY27 stood at Rs 330 crore, representing a 14.8% increase compared to Rs 287 crore in Q1 FY26.
- Total revenues for Q1 FY27 reached Rs 870 crore, up 20.0% YoY, driven primarily by strong growth in Annual Recurring Revenue (ARR) AUM.
- Overall Assets under Management stood at Rs 7,76,755 crore as on June 30, 2026, comprising ARR AUM of Rs 3,42,035 crore and Transactional/Brokerage AUM of Rs 4,34,719 crore.
- Wealth Management ARR AUM grew 24.2% YoY to Rs 2,41,896 crore, supported by net flows across segments, with the 360 ONE Plus proposition recording 39.4% YoY growth.
- Asset Management ARR AUM increased 8.2% YoY to Rs 1,00,139 crore, driven by growth across Private Equity, Credit, and Real Assets segments.
- Tangible net worth was reported at Rs 6,882 crore, with Tangible Return on Equity at 19.4% for the quarter.
- The Board approved the 360 ONE Employee Stock Appreciation Rights Scheme 2026 (ESAR Scheme), subject to shareholder and other necessary approvals, in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
About the Company
360 ONE WAM Limited (NSE:360ONE, BSE:542772) is one of India's largest wealth and alternates asset management firms, headquartered at 360 ONE Centre, Lower Parel (West), Mumbai. The company provides wealth management, asset management, and distribution services to high-net-worth and ultra-high-net-worth individuals, families, corporates, and institutional clients. Its subsidiaries span across India, Mauritius, Singapore, Dubai, Canada, and the United States, and include entities engaged in portfolio management, investment advisory, broking, and treasury services. The company currently manages assets for over 8,900 families and corporates.
Announcement in Detail
At its Board meeting held on July 16, 2026, commencing at 1:15 p.m. IST and concluding at 3:00 p.m. IST, the Board of 360 ONE WAM Limited approved the unaudited consolidated and standalone financial results for Q1 FY27, covering the quarter ended June 30, 2026. The results were reviewed by independent auditors S.R. Batliboi & Co. LLP, who issued a Limited Review Report under Standard on Review Engagements (SRE) 2410. The auditors confirmed that nothing in their review caused them to believe the results contain any material misstatement or fail to disclose information required under applicable SEBI Listing Regulations.
On the financial performance front, Revenue from Operations for Q1 FY27 was Rs 822 crore, up 24.2% YoY. Annual Recurring Revenue stood at Rs 614 crore, a 20.3% YoY increase, while Transactional and Brokerage Income was Rs 208 crore, up 37.3% YoY. Operating Profit Before Tax was Rs 376 crore, up 21.0% YoY, and Profit Before Tax came in at Rs 424 crore, reflecting a 13.3% YoY rise. Combined ARR retention was reported at 74 basis points, with Wealth Management retention at 71 bps and Asset Management retention at 83 bps. ARR net flows for the quarter were Rs 10,815 crore.
In addition, the Board approved the 360 ONE Employee Stock Appreciation Rights Scheme 2026 (ESAR Scheme) based on the recommendation of the Nomination and Remuneration Committee. The ESAR Scheme is in compliance with the Companies Act, 2013 and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Implementation of the scheme remains subject to receipt of necessary approvals, including shareholder approval through a general meeting or postal ballot, notice of which will be dispatched and intimated to the stock exchanges in due course. Details of the ESAR Scheme were also submitted to the exchanges as per SEBI Master Circular dated January 30, 2026.
Impact on Investors
Investors will note that the Q1 FY27 results reflect continued year-on-year growth across key financial metrics. The filing shows consolidated PAT of Rs 330 crore, up 14.8% YoY, and total revenues at Rs 870 crore, up 20.0% YoY. The tangible Return on Equity of 19.4% and tangible net worth of Rs 6,882 crore are disclosed metrics that shareholders can use to assess the company's capital efficiency. The ARR AUM of Rs 3,42,035 crore, up 19.0% YoY, indicates the recurring revenue base, which investors in wealth and asset management businesses typically track as a measure of earnings stability.
Shareholders will observe that the newly approved ESAR Scheme, once implemented following shareholder approval, could result in cash outflows to eligible employees linked to stock price appreciation, without the issuance of new equity shares typical of conventional ESOP schemes. However, investors should note that the scheme is currently subject to shareholder approval, and the specific terms, including the pool size, eligibility criteria, and exercise conditions, will be disclosed upon dispatch of the general meeting or postal ballot notice. The filing also includes a statement of deviation or variation in the utilisation of proceeds from preferential issue of warrants as required under Regulation 32 of SEBI Listing Regulations, which shareholders should review in the official exchange filings.
Sector / Market Context
India's wealth management industry has expanded significantly over the past several years, supported by increasing financialisation of household savings, growth in capital markets participation, and a rise in high-net-worth and ultra-high-net-worth individuals. According to data cited by industry participants and market observers, India's mutual fund industry AUM crossed Rs 70 lakh crore in recent periods, while the private wealth management segment has grown at a compound pace driven by equity market appreciation and new liquidity events including IPOs and private equity exits.
SEBI has progressively tightened regulatory oversight of wealth managers, portfolio managers, and investment advisers through updated frameworks, including the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, under which the ESAR Scheme has been structured. The sector continues to attract talent and capital, and ARR-based business models are increasingly viewed by market participants as structurally more stable relative to purely transactional revenue streams, as recurring fee income offers greater visibility across market cycles.