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Informist, Wednesday, Jul. 15, 2026

 

By Ayush Jaiswal

 

MUMBAI – Wealth management company 360 ONE WAM Ltd. is expected to report a sharp increase in revenue for the June quarter, driven by a rise in assets under management. The company's net profit growth, however, is likely to be much slower as other income is expected to be lower and operating costs are seen rising. The growth in profit will be mainly driven by mark to market gains.

 

The company is expected to report a consolidated net profit between INR 3.04 billion and INR 3.39 billion for the June quarter, according to estimates from three brokerages. This will be higher than the INR 2.85 billion of profit it had reported in the year-ago quarter and also from the INR 2.89-billion profit reported for the trailing quarter.

 

The net sales of the wealth and asset management firm are seen between INR 8.10 billion and INR 8.28 billion for the June quarter, according to the estimates. The company's revenue growth is likely to be driven by the increase in assets under management, which are expected to grow 20% on year in the June quarter, Kotak said. The recurring revenue of the company is likely to grow 20% on year, while non-recurring income such as carry and transactional income is expected to decline, Kotak added.

 

The highest estimate for 360 ONE's June quarter net profit is INR 3.39 billion from JM Financial Institutional Services Ltd. and the lowest is INR 3.04 billion from Kotak. The highest estimate for the company's net sales is INR 8.31 billion from JM Financial and the lowest is INR 8.10 billion from Kotak.

 

Asset and wealth managers are expected to report sequential profit growth on the back of a sharp rise in other income, JM Financial said. The other income of the industry will be driven by benefits from mark to market. The management fees will rise due to the increase in the company's average assets under management.

 

The company will disclose its June quarter earnings on Thursday. Investors will watch how the company's key segments such as high net worth individuals, affluent individuals, and global businesses perform in the quarter, Motilal Oswal Financial Services Ltd. said. 360 ONE is in the wealth management business, offering advisory, asset management, broking, and distribution services to high net worth individuals and ultra high net worth individuals.

 

On Wednesday, shares of 360 ONE WAM ended at INR 1,098.60 on the National Stock Exchange, almost flat from Tuesday. The shares are down almost 1% since the company announced its March quarter earnings on Apr. 21.

 

All the three research reports on the company available with Informist have a 'buy' recommendation on the stock at an average target price of INR 1,273 per share. This is almost 16% higher than the closing price Wednesday.

 

Following are the Apr-Jun earnings estimates for 360 ONE WAM Ltd. from three brokerages in descending order of the estimates of net profit in INR billion:

 

Brokerage	Net sales	Net profit
JM Financial Institutional Services Ltd	8.31	3.39
Motilal Oswal Financial Services Ltd	8.28	3.27
Kotak Securities Ltd	8.10	3.04

 

End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

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