1. At a Glance
India’s top-tier wealth management play with a Rs. 48,000+ Cr market cap, 360 ONE has built its fortune pampering India’s top 1%—but can it maintain alpha while promoter holding melts faster than a kulfi in May?
2. Introduction with Hook
Imagine a concierge service for your crores. That’s basically 360 ONE. It’s like a Gucci-wearing, jargon-spewing family office that serves the Ambanis of tomorrow. With Assets Under Management (AUM) at a jaw-dropping ₹6.64 Lakh Crores, a 20.6% ROE, and a net profit CAGR of 39.9% over five years, this is India’s luxe wealth factory. But what happens when the promoter almost exits stage left (holding now just 7%) and pledges 86.6% of what little is left? Hmm.
3. Business Model (WTF Do They Even Do?)
360 ONE isn’t your average brokerage. It’s an elite club of wealth managers who offer:
- Discretionary/Non-discretionary portfolio advisory
- Lending solutions (think margin money for millionaires)
- Corporate treasury management
- Estate planning for rich uncles
- Financial products distribution (MFs, AIFs, PMS, etc.)
Clientele: ~7,200 clients (many sitting on crores), primarily HNIs and UHNIs. Average ticket size? Likely bigger than your apartment block.
4. Financials Overview
TTM Revenue: ₹3,357 Cr
TTM PAT: ₹1,056 Cr
TTM EPS: ₹27.24
5Y Sales CAGR: 17%
5Y Profit CAGR: 40%
ROE (FY25): 21%
Operating Margin: 59%
Borrowings: ₹11,160 Cr
Cash Flow from Ops (FY25): -₹2,411 Cr (yikes!)
Key
