Event Type: Earnings call to discuss Q1 FY27 results
Date and Time: Thursday, July 16, 2026 at 5:30 p.m. (IST)
Purpose: Discussion of the Company's performance for the quarter ended June 30, 2026
Timing: Scheduled after earnings announcement (intimation dated July 10, 2026)
Management Participants:
Mr. Karan Bhagat - MD & CEO
Mr. Yatin Shah - CEO - Wealth Business
Mr. Sanjay Wadhwa - CFO
Mr. Anshuman Maheshwary
Mr. Anil Mascarenhas - Senior Executive VP, Communications
Availability of Materials: The transcript of the earnings call will be made available on the company website at https://ir.360.one/investor-relations/
UPSI Confirmation: The company confirmed that no unpublished price sensitive information was shared/discussed during the earnings call
Financial Highlights Discussed
ARR AUM: Increased by 19% to Rs 3,42,000 crores
Wealth AUM: Rs 2,42,000 crores (growth of 24.2%)
Asset Management AUM: Rs 1,00,000 crores (increase of 8.2%)
Overall AUM: Rose by 17% to Rs 7.8 lakh crores as of June 30, 2026
Net Flows: ARR net flows of Rs 10,815 crores (vs Rs 8,985 crores previous quarter)
Wealth business contributed Rs 13,379 crores (vs Rs 6,957 crores in Q4)
Asset management had negative flows due to one large institutional mandate outflow
Revenue Performance:
ARR revenues: Rs 614 crores, up 20.3% YoY (75% of total revenue)
TBR revenue: Rs 208 crores, up 37.3% YoY
Total revenue: Rs 870 crores, up 20% driven by wealth and asset verticals
Profitability:
PAT: Rs 330 crores, increase of 14.8%
Tangible ROE: 19.4%
Cost to income ratio: 51.3% (vs 53.5% in Q4 FY26)
Retention Rates:
ARR retention at 74 basis points
Wealth retention: 71 basis points
Asset management retention: 83 basis points
Strategic Updates and Guidance
UHNI Franchise: Focus on 40,000-45,000 households, deepening wallet share, and expanding beyond top cities
HNI Business: Scaling with 60+ relationship managers across 12 locations, managing Rs 5,000+ crores AUM for 800+ clients at ~90 bps yield. Expected to break even on direct cost by end of FY27
ET Money: Restructured business model, expected to reach break-even level in FY27
UBS Collaboration: Expected to exchange $500-600 million AUM between organizations, with funds launching in coming quarters
Cost Guidance: Expect cost-to-income ratio to improve to 49-49.5% by Q4 FY27 (100-150 bps improvement)
Private Credit: Seen as promising opportunity with negligible accidents over 7-8 years, expected to grow as fast as private equity industry
Additional Notes
The document includes the full transcript of the earnings call with analyst Q&A session
No financial data was disclosed in the announcement itself beyond what was discussed in the call
Multiple analysts participated including Mohit Mangal, Prayesh Jain, Aejas Lakhani, Dipanjan Ghosh, Siddharth, Abhijeet Sakhare, and Prakhar Sharma