360 ONE WAM Ltd
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]
- 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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% |
Documents
Announcements
- Communication To Equity Shareholders Of The Company For Tax Deduction On Dividend 25 Apr
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
24 Apr - Dated April 4, 2024, informing the exchanges regarding the details of the earnings call scheduled on Wednesday, April 24, 2024, at 2:00 p.m. (IST) to …
- Corporate Action-Board approves Dividend 23 Apr
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Announcement under Regulation 30 (LODR)-Investor Presentation
23 Apr - Investor Presentation on financial results for the quarter and financial year ended March 31, 2024.
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Announcement under Regulation 30 (LODR)-Change in Directorate
23 Apr - Appointment of Ms. Revathy Ashok (DIN 00057539) as an Additional, Non- Executive, Independent Director of the Company w.e.f. April 23, 2024.
Annual reports
Concalls
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Apr 2024TranscriptNotesPPT
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Jan 2024Transcript PPT
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Nov 2023Transcript PPT
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Jul 2023Transcript PPT
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May 2023Transcript PPT
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Jan 2023TranscriptPPT
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Oct 2022TranscriptPPT
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Jul 2022TranscriptPPT
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May 2022TranscriptPPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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May 2021TranscriptNotesPPT
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Mar 2021TranscriptPPT
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Feb 2021Transcript PPT
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Nov 2020TranscriptPPT
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Aug 2020Transcript PPT
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Jun 2020TranscriptPPT
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Feb 2020Transcript PPT
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Jan 2020TranscriptNotesPPT
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Oct 2019Transcript PPT
Revenue Split
Wealth Management: 83% in FY21 vs 91% in FY18
Asset Management: 17% in FY21 vs 9% in FY18. [1][2]