360ONE
360 ONE share price & financials
- Price
- ₹1,145.1
- Market cap
- ₹44.4k Cr
- Sector
- Financial Services
- Calls analysed
- 7
360 ONE Q1 FY27
What went well
- Total ARR AUM increased by 19% to Rs 3,42,000 crores, reflecting strong underlying business momentum.
- Wealth AUM grew robustly by 24.2% to Rs 2,42,000 crores, driven by strong net flows of Rs 13,379 crores.
- The Cost-to-Income Ratio improved to 51.3% from 53.5% in Q4 FY26, with management anticipating further gradual improvement.
What to watch
- Asset management net flows were negative due to one large institutional mandate outflow, despite strong gross flows of approximately Rs 4,000 crores.
- The PMS (Portfolio Management Services) structure is currently challenged, leading clients to migrate to AIF/MF/SIF platforms for equity products.
What 360 ONE does
360 ONE WAM Limited (formerly IIFL Wealth) is an integrated wealth and alternates platform serving ultra-high-net-worth (UHNI) and high-net-worth (HNI) individuals, family offices, corporates and global institutions. It earns primarily through annual recurring revenue (ARR) on assets under management across advisory, distribution and lending, supplemented by transactional and brokerage income from its capital markets business. The platform spans three integrated lines: Wealth Management (advisory, distribution, lending, and the ET Money digital platform), Asset Management (alternates including private equity, credit & hybrid and real assets, plus public markets strategies), and Capital Markets (360 ONE Capital, formerly B&K Securities, offering institutional equities and investment banking/ECM). The group has grown through acquisitions, including ET Money (2024) and B&K Securities (2025), and a UBS collaboration.
Segments
- Wealth Management
- Asset Management
- Capital Markets
- Client families & corporates served
- 8,500+
- Clients with AUM above ₹10 Crs
- 3,777
- Relationship Managers
- 163
- Team Leaders
- 92
- Integrated business lines
- Wealth Management, Asset Management, Capital Markets
- Global institutional relationships (Asset Management)
- 5+
Guidance record · Q1 FY27
what the last two calls moved 24 tracked 4 delivered 2 missed 18 open- Annual AUM Growth delivered said Q4 FY25 Promised: 20-25% Q1 FY27: This promise pertained to FY26 and was achieved. A new promise (aum-growth-20-25pct-annual-fy27) is tracking the subsequent period.
- Discretionary PMS Yield went quiet said Q4 FY25 Promised: Annualized yield remains similar despite quarterly fluctuations Q1 FY27: Management acknowledged that the 'PMS as a structure is currently challenged', confirming the pivot away from this promise.
- ET Money Breakeven delayed said Q1 FY26 Promised: Reduce burn from Rs 55-60 Cr/year to Rs 25 Cr/year Q1 FY27: Timeline for breakeven pushed to 'by the end of quarter four' (Q4 FY27). Current quarterly loss is Rs 6-7 Cr.
All 24 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 34.6%, net profit up 16.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 865 | 780 | 821 | 911 | 1,098 +27% | 1,181 +51% | 1,115 +36% | 1,226 +35% |
| EBITDA | 541 | 444 | 461 | 566 | 697 +29% | 725 +63% | 663 +44% | 773 +37% |
| Net profit | 245 | 276 | 250 | 285 | 315 +29% | 327 +18% | 289 +16% | 331 +16% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +1.2% 1Y
1Y: ₹1,078 on 10 Sept 2025 → ₹1,091. High ₹1,210 (25 Aug 2026), low ₹929.25 (7 Apr 2026).
How the price took the results
close before → close after
- Q1 FY27
- −0.6%
- 21 Jul
- Q4 FY26
- −0.1%
- 21 Apr
- Q3 FY26
- +4.2%
- 15 Jan
- Q2 FY26
- +0.6%
- 24 Oct
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 29.7% a year over 3 years, FY23 to FY26. Operating margin widened to 61.6%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.0k Cr | ₹2.5k Cr | ₹3.3k Cr | ₹4.3k Cr |
| Operating profit | ₹1.2k Cr | ₹1.3k Cr | ₹2.0k Cr | ₹2.7k Cr |
| Operating margin | 61.1% | 52.2% | 61.0% | 61.6% |
| Interest | ₹400 Cr | ₹645 Cr | ₹886 Cr | ₹1.1k Cr |
| Depreciation | ₹46 Cr | ₹58 Cr | ₹70 Cr | ₹155 Cr |
| Net profit | ₹658 Cr | ₹805 Cr | ₹1.0k Cr | ₹1.2k Cr |
| Net margin | 33.3% | 31.6% | 30.6% | 28.2% |
| ROCE | 13.0% | 14.0% | 15.0% | 12.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹36 Cr | ₹36 Cr | ₹40 Cr | ₹41 Cr |
| Reserves | ₹2.8k Cr | ₹3.0k Cr | ₹3.1k Cr | ₹3.4k Cr | ₹9.3k Cr | ₹9.8k Cr |
| Borrowings | ₹5.1k Cr | ₹5.8k Cr | ₹6.8k Cr | ₹9.5k Cr | ₹13.8k Cr | ₹15.9k Cr |
| Other liabilities | ₹834 Cr | ₹1.9k Cr | ₹1.3k Cr | ₹2.2k Cr | ₹1.2k Cr | ₹1.4k Cr |
| Total liabilities | ₹8.7k Cr | ₹10.7k Cr | ₹11.2k Cr | ₹15.1k Cr | ₹24.3k Cr | ₹27.2k Cr |
| Fixed assets | ₹837 Cr | ₹816 Cr | ₹880 Cr | ₹940 Cr | ₹3.7k Cr | ₹4.0k Cr |
| Capital work in progress | ₹2 Cr | ₹0 Cr | ₹39 Cr | ₹64 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2.5k Cr | ₹4.1k Cr | ₹3.6k Cr | ₹5.9k Cr | ₹8.2k Cr | ₹8.8k Cr |
| Other assets | ₹5.4k Cr | ₹5.8k Cr | ₹6.7k Cr | ₹8.2k Cr | ₹12.4k Cr | ₹14.4k Cr |
| Total assets | ₹8.7k Cr | ₹10.7k Cr | ₹11.2k Cr | ₹15.1k Cr | ₹24.3k Cr | ₹27.2k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs added +10.83 pp while FIIs trimmed −9.99 pp. The shareholder count grew 12% to 76,687.
- Promoters
- 6.2%
- FIIs
- 58.5%
- DIIs
- 18.7%
- Public
- 16.5%
Since Jun 2025
- DIIs +10.83 pp
- FIIs −9.99 pp
- Public −0.78 pp
How it drifted, 12 quarters
Over this window promoters fell from 20.8% to 6.2% — −14.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 20.8%, FIIs 61.9%, DIIs 6.4%, Public 10.9%.Dec '23: Promoters 17.8%, FIIs 62.5%, DIIs 8.9%, Public 10.9%.Mar '24: Promoters 17.8%, FIIs 63.2%, DIIs 8.3%, Public 10.7%.Jun '24: Promoters 15.8%, FIIs 64.6%, DIIs 8.7%, Public 10.9%.Sep '24: Promoters 15.7%, FIIs 65.6%, DIIs 8.5%, Public 10.2%.Dec '24: Promoters 14.8%, FIIs 66.2%, DIIs 9.7%, Public 9.4%.Mar '25: Promoters 14.2%, FIIs 67.2%, DIIs 8.5%, Government 0.0%, Public 10.1%.Jun '25: Promoters 6.3%, FIIs 68.5%, DIIs 7.9%, Public 17.3%.Sep '25: Promoters 6.3%, FIIs 65.9%, DIIs 10.7%, Public 17.2%.Dec '25: Promoters 6.3%, FIIs 65.5%, DIIs 10.8%, Public 17.4%.Mar '26: Promoters 6.2%, FIIs 63.3%, DIIs 12.8%, Public 17.7%.Jun '26: Promoters 6.2%, FIIs 58.5%, DIIs 18.7%, Public 16.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- SBI Midcap Fund Mutual fund newly disclosed 1.19% held
- Franklin India Focused Equity Fund Mutual fund newly disclosed 1.08% held
- Government Pension Fund Global Sovereign +0.34 pp 2.74% held
- ICICI Prudential Balanced Advantage Fund Mutual fund +0.32 pp 4.10% held
- Kotak Flexicap Fund Mutual fund +0.30 pp 1.88% held
The same filing shows 3 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of 360 ONE above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Bc Asia Investments X Limited FPI fund | 18.10% | unchanged |
| Smallcap World Fund, Inc Global fund house | 5.65% | −1.35 pp |
| ICICI Prudential Balanced Advantage Fund Mutual fund | 4.10% | +0.32 pp |
| Nirmal Bhanwarlal Jain | 3.85% | unchanged |
| Government Pension Fund Global Sovereign | 2.74% | +0.34 pp |
| Yatin Shah | 2.39% | unchanged |
| Fidelity Investment Trust : Fidelity Emerging Markets Fund AIF | 1.96% | unchanged |
| Rimco (Mauritius) Limited FPI fund | 1.96% | unchanged |
| Kotak Flexicap Fund Mutual fund | 1.88% | +0.30 pp |
| The Regents Of The University Of California - State Street Global Advisors Endowment | 1.87% | unchanged |
| Bank Muscat India Fund FPI fund | 1.77% | unchanged |
| Kyra Family Private Trust(trustee being 360 ONE Investment Adviser and Trustee Services Ltd) | 1.30% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in 360ONE
Filings to Aug 2026
4 new, 6 added, 4 trimmed, 0 sold out — net +46.86 L shares (+74.5%).
- Held by funds
- ₹1.3k Cr
- 17 schemes
- Biggest holder
- SBI Midcap Fund
- ₹423 Cr · 1.7% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| SBI Midcap Fund SBI Mutual Fund | ₹423 Cr | held | May '26 |
| SBI ELSS Tax Saver Fund SBI Mutual Fund | ₹176 Cr | new | Aug '26 |
| SBI Banking And Financial Services Fund SBI Mutual Fund | ₹165 Cr | +6.00 L | Aug '25 |
| HDFC Multi Cap Fund HDFC Mutual Fund | ₹119 Cr | new | Jul '26 |
| HDFC ELSS Tax saver HDFC Mutual Fund | ₹114 Cr | new | Jul '26 |
| HDFC Value Fund HDFC Mutual Fund | ₹74 Cr | new | Jul '26 |
| HDFC Balanced Advantage Fund HDFC Mutual Fund | ₹58 Cr | held | Sep '25 |
| HDFC Large and Mid Cap Fund HDFC Mutual Fund | ₹42 Cr | held | Jul '25 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
6 added, 4 trimmed — net +46.86 L shares (+74.5%)
- Funds are sitting on
- +3%
- vs est. average cost
- Held by funds
- ₹1.3k Cr
- 17 schemes · ≈ 2.8% of the company
- Biggest holder
- SBI Midcap Fund
- ₹423 Cr · 1.7% of that fund
- Longest holder
- SBI Nifty 500 Index Fund
- 2y · since Sep '24
Shares held by these funds +735%
Aug '23 89.23 L shares Jul '26
All earnings calls (6)
Read the Q1 FY27 call →Learn to analyse 360 ONE
Guides on how to read this kind of business and the numbers that matter.