360 ONE WAM has released the transcript of its Q2 FY27 earnings call. The discussion covered the company’s financial performance, including total AUM growth of 31% year-on-year to ₹9 lakh crore, and operating PBT increase of 19.7% to ₹434 crore. Key strategic points included wealth management growth, asset management focus, and the integration of new leadership.
360 ONE WAM Releases Q2 FY27 Earnings Call Transcript
360 ONE WAM LIMITED has officially released the transcript of its earnings call for the second quarter of the financial year 2027 (Q2 FY27). The call, which took place on October 15, 2026, provided insights into the company’s performance, market conditions, and future strategies.
Financial Highlights and Performance
During the call, it was highlighted that as of Q2 FY27, the company’s total Assets Under Management (AUM) stood at approximately ₹9 lakh crore, marking a significant 31% increase year-on-year. Adjusted Revenue from Management (ARR) AUM grew by 19.7% year-on-year to ₹3,53,000 crore. The company reported ARR net flows of ₹12,482 crore for the quarter, an increase from Q1 FY27. Revenue from operations was ₹896 crore, up 17.5% year-on-year, with ARR revenue growing 27.5% to ₹706 crore. Operating Profit Before Tax (PBT) saw a growth of 19.7% year-on-year, reaching ₹434 crore. The company’s Profit After Tax (PAT) was ₹302 crore. A second interim dividend of ₹7.5 per share was approved by the board.
Strategic Outlook and Segment Performance
The wealth business demonstrated strong performance, with ARR AUM growing 24.3% year-on-year to ₹2,52,627 crore. The advisory platform, 360 ONE Plus, surpassed ₹1 lakh crore in AUM. The company emphasized the growing UHNI segment and the financialization of savings as key tailwinds. In asset management, ARR AUM stood at over ₹100,000 crore, up 9.4% year-on-year, with net flows of ₹1,492 crore. The alternates business (AIF) AUM grew 27.9% year-on-year to ₹58,139 crore.
Management discussed ongoing integration with UBS and plans to achieve target flows. They also touched upon cost-to-income ratio improvements and efforts to enhance productivity. The leadership team discussed the competitive landscape, emphasizing the importance of people, product, and platform. The company expressed confidence in maintaining its pricing power and market edge through differentiation on these core strengths.
Key Takeaways from Q&A
During the Q&A session, the management addressed questions on mark-to-market/fair value changes, largely attributing them to market movements, including the impact of the NSE listing. Discussions also revolved around the UBS integration progress, with initial flows from UBS and its clients noted. The focus on achieving a 46-47% cost-to-income ratio was reiterated. The company highlighted the significant contribution of existing clients to net flows, alongside new client acquisitions. The asset management side saw robust gross inflows, with a manageable net outflow due to institutional redemptions, which are now behind the company.
The transcript also elaborated on the growth in the HNI segment and the strategic positioning of the company in different business verticals. Management provided insights into the expected revenue synergies from acquisitions, particularly in broking. The evolving nature of Transaction Based Revenue (TBR) was discussed, with a focus shifting towards more recurring brokerage income. The company aims for a tangible ROE of around 20% over the next 3-3.5 years.
Source: BSE
