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 ₹ 46,031 Cr.
- Current Price ₹ 1,187
- High / Low ₹ 1,226 / 592
- Stock P/E 46.7
- Book Value ₹ 107
- Dividend Yield 1.39 %
- 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 11.1 times its book value
- Promoter holding has decreased over last quarter: -1.01%
- Promoter holding is low: 14.8%
- Promoters have pledged 43.2% 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
Part of BSE 250 SmallCap Index Nifty Smallcap 50 Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 BSE 500
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 | TTM | |
---|---|---|---|---|---|---|---|---|
1,705 | 1,578 | 1,521 | 1,654 | 2,072 | 2,057 | 2,921 | 3,134 | |
652 | 589 | 698 | 715 | 915 | 766 | 1,216 | 1,356 | |
Operating Profit | 1,053 | 990 | 823 | 939 | 1,157 | 1,291 | 1,705 | 1,777 |
OPM % | 62% | 63% | 54% | 57% | 56% | 63% | 58% | 57% |
10 | 1 | 6 | 2 | 6 | 5 | 4 | 327 | |
Interest | 559 | 431 | 502 | 414 | 370 | 399 | 643 | 818 |
Depreciation | 14 | 22 | 41 | 43 | 42 | 46 | 57 | 64 |
Profit before tax | 490 | 538 | 286 | 485 | 751 | 850 | 1,009 | 1,222 |
Tax % | 22% | 30% | 30% | 24% | 23% | 23% | 20% | |
380 | 375 | 201 | 369 | 578 | 658 | 804 | 924 | |
EPS in Rs | 5.77 | 10.50 | 16.28 | 18.48 | 22.41 | 25.57 | ||
Dividend Payout % | 19% | 23% | 87% | 167% | 84% | 373% | 74% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 21% |
TTM: | 48% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 29% |
TTM: | 42% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 45% |
1 Year: | 77% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 17 | 17 | 18 | 18 | 36 | 36 | 36 |
Reserves | 1,847 | 2,894 | 2,974 | 2,810 | 3,006 | 3,086 | 3,414 | 3,872 |
6,966 | 6,103 | 8,838 | 5,077 | 5,808 | 6,784 | 9,472 | 10,901 | |
737 | 749 | 1,191 | 834 | 1,903 | 1,285 | 2,193 | 938 | |
Total Liabilities | 9,567 | 9,763 | 13,021 | 8,739 | 10,734 | 11,191 | 15,114 | 15,746 |
31 | 337 | 608 | 837 | 816 | 880 | 940 | 1,012 | |
CWIP | 22 | 173 | 1 | 2 | 0 | 39 | 64 | 0 |
Investments | 1,111 | 3,053 | 6,512 | 2,513 | 4,072 | 3,609 | 5,948 | 5,806 |
8,403 | 6,200 | 5,899 | 5,386 | 5,846 | 6,663 | 8,163 | 8,928 | |
Total Assets | 9,567 | 9,763 | 13,021 | 8,739 | 10,734 | 11,191 | 15,114 | 15,746 |
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 | -1,323 | -470 | |
1,073 | -2,133 | -3,361 | 4,128 | -1,128 | 788 | -1,574 | |
1,263 | -80 | 2,290 | -4,836 | 251 | 556 | 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 | 54 | 41 |
Inventory Days | 0 | ||||||
Days Payable | |||||||
Cash Conversion Cycle | 42 | 68 | 58 | 50 | 47 | 54 | 41 |
Working Capital Days | -37 | 50 | -18 | 17 | -166 | -41 | -121 |
ROCE % | 11% | 8% | 9% | 13% | 13% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
14h - Completion of share acquisition by 360 ONE AAM.
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Announcement under Regulation 30 (LODR)-Acquisition
1d - 360 ONE AAM acquires 15% stake in Maple Infra.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
9 Dec - Voting results for appointment of Non-Executive Director.
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Intimation Of Grant Of Employee Stock Options (Esops)
27 Nov - Grant of 80,000 Employee Stock Options to employees.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
25 Nov - For allotment of 1,30,910 equity shares of the Company upon exercise of stock options under employee stock option scheme(s) of the Company.
Annual reports
Concalls
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT
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Apr 2024Transcript PPT
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Jan 2024Transcript PPT
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Nov 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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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
Segment[1]
Wealth Management - Discretionary/Non-Discretionary Advisory, Lending Solutions, estate planning, Financial product distribution, Transaction and Product distribution, Corporate Treasury Services, etc. It has ~7200 clients. It also has an HNI segment of Rs. 5 Crs - 25 Crs.