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 ₹ 26,943 Cr.
- Current Price ₹ 751
- High / Low ₹ 789 / 398
- Stock P/E 37.6
- Book Value ₹ 91.1
- Dividend Yield 2.30 %
- ROCE 13.4 %
- ROE 21.4 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 208%
Cons
- Stock is trading at 8.24 times its book value
- Promoter holding has decreased over last quarter: -3.07%
- The company has delivered a poor sales growth of 3.84% over past five years.
- Promoter holding is low: 17.8%
- Promoters have pledged 31.3% of their holding.
* 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 | TTM | |
---|---|---|---|---|---|---|---|
1,705 | 1,578 | 1,521 | 1,654 | 2,072 | 2,059 | 2,261 | |
652 | 589 | 698 | 715 | 915 | 767 | 921 | |
Operating Profit | 1,053 | 990 | 823 | 939 | 1,157 | 1,292 | 1,340 |
OPM % | 62% | 63% | 54% | 57% | 56% | 63% | 59% |
10 | 1 | 6 | 2 | 6 | 5 | 145 | |
Interest | 559 | 431 | 502 | 414 | 370 | 400 | 546 |
Depreciation | 14 | 22 | 41 | 43 | 42 | 46 | 53 |
Profit before tax | 490 | 538 | 286 | 485 | 751 | 850 | 886 |
Tax % | 22% | 30% | 30% | 24% | 23% | 23% | |
380 | 375 | 201 | 369 | 578 | 658 | 717 | |
EPS in Rs | 5.77 | 10.50 | 16.28 | 18.48 | 20.09 | ||
Dividend Payout % | 19% | 23% | 87% | 167% | 84% | 373% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 11% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 48% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
1 Year: | 81% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 18% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 16 | 17 | 17 | 18 | 18 | 36 | 36 |
Reserves | 1,847 | 2,894 | 2,974 | 2,810 | 3,006 | 3,086 | 3,229 |
6,966 | 6,103 | 8,838 | 5,077 | 5,808 | 6,747 | 7,901 | |
737 | 749 | 1,191 | 834 | 1,903 | 1,321 | 1,377 | |
Total Liabilities | 9,567 | 9,763 | 13,021 | 8,739 | 10,734 | 11,191 | 12,544 |
31 | 337 | 608 | 837 | 816 | 880 | 952 | |
CWIP | 22 | 173 | 1 | 2 | 0 | 39 | 0 |
Investments | 1,111 | 3,053 | 6,512 | 2,513 | 4,072 | 3,609 | 4,500 |
8,403 | 6,200 | 5,899 | 5,386 | 5,846 | 6,663 | 7,092 | |
Total Assets | 9,567 | 9,763 | 13,021 | 8,739 | 10,734 | 11,191 | 12,544 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-2,772 | 1,852 | 1,628 | 463 | 929 | -1,345 | |
1,073 | -2,133 | -3,361 | 4,128 | -1,128 | 786 | |
1,263 | -80 | 2,290 | -4,836 | 251 | 580 | |
Net Cash Flow | -437 | -362 | 557 | -245 | 52 | 21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 42 | 68 | 58 | 50 | 47 | 57 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 42 | 68 | 58 | 50 | 47 | 57 |
Working Capital Days | -37 | 50 | -18 | 17 | -166 | -47 |
ROCE % | 11% | 8% | 9% | 13% | 13% |
Documents
Announcements
- Corporate Action-Board to consider Dividend 4h
- Intimation For Interim Dividend And Record Date Pursuant To SEBI (LODR) Regulations, 2015 Is Attached Herewith. 4h
- Submission Of Certificate Under Regulation 40(9) And Regulation 61(4) Of SEBI (LODR) Regulations, 2015, For The Financial Year Ended March 31, 2024 11 Apr
- Submission Of Certificate Under Regulation 40(9) And Regulation 61(4) Of SEBI (LODR) Regulations, 2015, For The Financial Year Ended March 31, 2024 11 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
Annual reports
Concalls
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Jan 2024Transcript PPT
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Nov 2023Transcript PPT
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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]