360 ONE WAM Ltd

360 ONE WAM Ltd

₹ 808 -3.66%
26 Apr - close price
About

IIFL Wealth Management Limited, founded in 2008, is one of the largest private wealth management firms in India. The company mainly acts as wealth manager and provides services relating to financial products distribution, advisory, portfolio management services by mobilizing funds and assets of various classes of investors including High Networth Individuals. [1][2]

Key Points

Revenue Split
Wealth Management: 83% in FY21 vs 91% in FY18
Asset Management: 17% in FY21 vs 9% in FY18. [1][2]

  • Market Cap 28,998 Cr.
  • Current Price 808
  • High / Low 901 / 398
  • Stock P/E 36.1
  • Book Value 96.1
  • Dividend Yield 2.04 %
  • ROCE 14.5 %
  • ROE 24.5 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 177%

Cons

  • Stock is trading at 8.41 times its book value
  • The company has delivered a poor sales growth of 9.69% over past five years.
  • Promoter holding is low: 17.8%
  • Promoters have pledged 31.3% of their holding.
  • Promoter holding has decreased over last 3 years: -5.16%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
420 381 486 536 447 471 505 517 482 573 561 630 792
196 173 217 267 258 180 188 189 210 220 237 255 505
Operating Profit 224 209 269 269 189 291 316 328 272 353 324 375 287
OPM % 53% 55% 55% 50% 42% 62% 63% 63% 56% 62% 58% 60% 36%
16 44 17 34 132 8 19 13 48 8 62 41 259
Interest 94 91 87 95 96 88 98 106 108 125 146 167 207
Depreciation 11 10 11 10 10 10 12 12 12 13 14 14 17
Profit before tax 135 151 188 198 214 201 226 223 200 224 227 235 323
Tax % 23% 23% 24% 23% 23% 22% 23% 23% 22% 18% 18% 18% 25%
103 117 142 153 165 157 174 172 155 184 186 192 243
EPS in Rs 2.94 3.32 4.03 4.31 4.66 4.41 4.91 4.82 4.37 5.15 5.21 5.36 6.76
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,705 1,578 1,521 1,654 2,072 2,059 2,507
652 589 698 715 915 767 1,216
Operating Profit 1,053 990 823 939 1,157 1,292 1,291
OPM % 62% 63% 54% 57% 56% 63% 51%
10 1 6 2 6 5 418
Interest 559 431 502 414 370 400 643
Depreciation 14 22 41 43 42 46 57
Profit before tax 490 538 286 485 751 850 1,009
Tax % 22% 30% 30% 24% 23% 23% 20%
380 375 201 369 578 658 804
EPS in Rs 5.77 10.50 16.28 18.48 22.41
Dividend Payout % 19% 23% 87% 167% 84% 373% 74%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 15%
TTM: 22%
Compounded Profit Growth
10 Years: %
5 Years: 17%
3 Years: 29%
TTM: 22%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 42%
1 Year: 92%
Return on Equity
10 Years: %
5 Years: 17%
3 Years: 22%
Last Year: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 16 17 17 18 18 36 36
Reserves 1,847 2,894 2,974 2,810 3,006 3,086 3,414
6,966 6,103 8,838 5,077 5,808 6,747 9,472
737 749 1,191 834 1,903 1,321 2,197
Total Liabilities 9,567 9,763 13,021 8,739 10,734 11,191 15,119
31 337 608 837 816 880 1,004
CWIP 22 173 1 2 0 39 0
Investments 1,111 3,053 6,512 2,513 4,072 3,609 5,948
8,403 6,200 5,899 5,386 5,846 6,663 8,168
Total Assets 9,567 9,763 13,021 8,739 10,734 11,191 15,119

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-2,772 1,852 1,628 463 929 -1,345 -470
1,073 -2,133 -3,361 4,128 -1,128 786 -1,575
1,263 -80 2,290 -4,836 251 580 1,978
Net Cash Flow -437 -362 557 -245 52 21 -67

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 42 68 58 50 47 57 48
Inventory Days 0
Days Payable
Cash Conversion Cycle 42 68 58 50 47 57 48
Working Capital Days -37 50 -18 17 -166 -47 -153
ROCE % 11% 8% 9% 13% 13%

Shareholding Pattern

Numbers in percentages

37 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
22.91% 22.78% 23.15% 23.14% 23.21% 23.19% 22.03% 22.02% 21.46% 20.84% 17.78% 17.76%
24.91% 25.67% 22.69% 22.13% 22.36% 23.01% 61.16% 64.83% 63.93% 61.87% 62.48% 63.22%
1.37% 1.39% 3.15% 3.57% 3.17% 3.05% 2.18% 2.22% 3.79% 6.36% 8.87% 8.34%
50.82% 50.16% 51.01% 51.17% 51.27% 50.74% 14.63% 10.94% 10.82% 10.92% 10.86% 10.70%
No. of Shareholders 22,56526,17425,11530,86527,82627,68529,11735,48035,92138,10242,62246,512

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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