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360 ONE WAM LTD - 542772 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

 This is further to our intimation dated April 4, 2024, informing the exchanges regarding the details of the earnings call scheduled on Wednesday, April 24, 2024, at 2:00 p.m. (IST) to discuss the Company''s performance for the quarter and financial year ended March 31, 2024. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we now wish to inform that the audio recording of the earnings call held today i.e. April 24, 2024, is hosted on the website of the Company and is available at https://www.360.one/investor-relations.html. We request you to kindly take the above information on record.
24-04-2024
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FY24 Annual Result Announced for 360 One Wam Ltd.

 Financial Services company 360 One Wam announced FY24 results: Financial Highlights: Total Revenue surged by 25% to Rs 1,965 crore, driven by strong growth in ARR AUM and higher transactional/brokerage income. Revenue from Operations reached Rs 1,846 crore, reflecting an 18% increase. ARR revenue amounted to Rs 1,331 crore, marking a 14% increase. Combined Active ARR retention remained stable at 77 basis points (bps), with Wealth Management retention at 78 bps and Asset Management retention at 75 bps. Consolidated Profit After Tax rose by 20% to Rs 802 crore, compared to Rs 668 crore for FY24. Tangible net worth of Rs 2,803 crore was primarily invested in the wealth (Rs 777 crore), asset management (Rs 230 crore), and lending (Rs 1,439 crore) businesses. Tangible Return on Equity increased to 30.1% in FY24 from 26.7% for FY24. The Board approved Rs 3.50 per share as the 1st interim dividend for FY24. Business Highlights: Assets under Management for 360 ONE reached Rs 4,66,909 crore, comprising Wealth Management AUM of Rs 3,94,661 crore and Asset Management AUM of Rs 72,248 crore. As of March 31, 2024, ARR AUM amounted to Rs 2,27,879 crore, marking a significant 36% increase. Wealth Management: ARR AUM grew to Rs 1,55,631 crore (+43%), driven by robust growth across segments. The discretionary / non-discretionary / advisory proposition (360 ONE Plus) saw a remarkable growth of 71%, while Distribution and Lending businesses grew by 26% and 20% respectively. Asset Management: ARR AUM increased to Rs 72,248 crore (+24%), fueled by growth in AIF (+10%) and Discretionary PMS (+31%) segments, with MF AUM nearly doubling to Rs 9,580 crore. In FY24, 360 ONE Wealth onboarded over 400 clients (with more than Rs 10 crore ARR AUM), with clients having ARR AUM above Rs 50 crore increasing by approximately 150. The segment manages assets for approximately 7,200 relevant clients, with an overall client attrition rate of 1.4% - one of the lowest in the industry. The Wealth Sales team was strengthened in FY24 through the addition of over 35 senior and experienced partners. In the last 12 months, 360 ONE received 10 awards, including Best Domestic Private Bank - India by EuroMoney Private Banking and Asian Private Banker. Karan Bhagat, Founder, MD & CEO stated, "Last year, India sustained its position as one of the fastest-growing economies globally. The increasing trend of financialization of traditional assets and savings, along with new wealth creation from monetization events, continues to present a substantial opportunity for the wealth and asset management sector. We are pleased to announce that the Company achieved its highest-ever annual profit in FY24. For the past 16 years, our focus has remained steadfast on the key pillars of client centricity, product innovation, and process orientation. We are deeply grateful for the trust and confidence placed in us by our growing base of clients and investors. Looking ahead, we are optimistic about the significant wealth opportunity beyond Tier-1 cities and have devised an expansion plan for our domestic coverage. Additionally, we anticipate leveraging the strength of our core platform and innovative capabilities to drive high growth in the HNI segment and position ourselves as a preferred manager of global capital seeking access to India. The combination of favorable macroeconomic conditions and our unique proposition continues to solidify our position as one of the leading players in India." Result PDF
23-04-2024
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360 ONE WAM LTD - 542772 - Corporate Action-Board approves Dividend

 Outcome of the Board Meeting held on April 23, 2024.
23-04-2024
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360 ONE WAM LTD - 542772 - Announcement under Regulation 30 (LODR)-Investor Presentation

 Investor Presentation on financial results for the quarter and financial year ended March 31, 2024.
23-04-2024
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360 ONE WAM LTD - 542772 - Announcement under Regulation 30 (LODR)-Change in Directorate

 Appointment of Ms. Revathy Ashok (DIN 00057539) as an Additional, Non- Executive, Independent Director of the Company w.e.f. April 23, 2024.
23-04-2024
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360 ONE WAM LTD - 542772 - RESULTS FOR QUARTER AND FINANCIAL YEAR ENDED MARCH 31 2024

 OUTCOME AND RESULTS FOR QUARTER AND FINANCIAL YEAR ENDED MARCH 31 2024
23-04-2024
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360 ONE WAM LTD - 542772 - Board Meeting Outcome for OUTCOME OF BOARD MEETING

 PLEASE FIND OUTCOME OF BOARD MEETING OF 360 ONE WAM LIMITED
23-04-2024
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360 ONE WAM LTD - 542772 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

 We wish to inform that the Nomination and Remuneration Committee of the Board of Directors of the Company vide resolution passed by circulation on April 20, 2024, has allotted 5,83,766 equity shares of face value Re. 1/- each, to the employee(s) upon exercise of stock options under Employee Stock Options Scheme(s) of the Company. Please find exchange intimation in this regard
20-04-2024
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360 ONE WAM LTD - 542772 - Intimation For Interim Dividend And Record Date Pursuant To SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Is Attached Herewith.

 Intimation for interim dividend and record date pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is attached herewith.
17-04-2024
Bigul

360 ONE WAM LTD - 542772 - Corporate Action-Board to consider Dividend

 Intimation of interim dividend and record date pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is attached herewith.
17-04-2024
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