1. Opening Hook
While most markets are busy arguing about rate cuts, elections, and global macro tantrums, 360 ONE quietly did what it does best—compound. No drama, no chest-thumping. Just a neat 20% PAT growth, ARR exploding at 45%, and AUM marching past ₹7.1 lakh crore like it’s late for an awards ceremony.
Yes, transactional income sulked. Yes, costs rose because labour laws decided to show up. But when your recurring revenue engine is humming and clients keep wiring money, these feel like first-world problems.
Management sounds confident. Maybe a bit too comfortable. But the numbers? They’re doing the convincing.
Read on—this concall is less noise, more substance, and a quiet flex in the wealth management universe.
2. At a Glance
- Total revenue ₹826 Cr (+21.8% YoY) – Growth without adrenaline, just discipline.
- PAT ₹331 Cr (+20.3% YoY) – Profits didn’t blink at higher costs.
- ARR revenue up 45.4% YoY – The subscription model investors dream of.
- AUM ₹7,11,398 Cr (+22.8% YoY) – Scale now doing the heavy lifting.
- Cost-to-income at 48.3% – Costs rose, but still on a leash.
3. Management’s Key Commentary
“Q3 reflects the continued strengthening of our growth trajectory.”
(Translation: This wasn’t a lucky quarter 😏)
“ARR AUM growth continues to be the core driver of revenues.”
(Recurring > transactional, lesson repeated for the tenth time.)
“Wealth Management ARR AUM grew 34.5% YoY.”
(UHNIs are still very much alive.)
“Asset Management growth was led by Private Equity and Real Assets.”
(Alternates doing alternates things 💼)
“Cost-to-income remains stable despite full impact of labour codes.”
(We absorbed the hit, didn’t pass out.)
“Our integrated platform positions us uniquely for long-term growth.”
