360 One Wam Limited
360 One WAM Ltd, formerly 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, ad...
Key Metrics
EPS
22.41
Current ratio
0.42
Debt/Equity
3.38
Debt/EBITDA
10.95
Interest coverage ratio
-
Operating Cashflow to total debt
-0.04
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Long-standing track record and established franchise
Experienced and stable management team
Strong institutional shareholding and ability to raise capital from marque investors
Healthy capitalisation with comfortable gearing levels
Improved profitability parameters
Liquidity: Strong
Cons
High client and employee attrition rates, leading to material erosion on assets under management (AUM), income, and profitability on a sustained basis.
Deterioration in the asset quality of the non-banking finance company (NBFC) book on a sustained basis.
Overall gearing exceeding 4x on a consolidated basis.
Regulatory action in the wealth management segment, resulting in a change in the business profile.
Negative cumulative mismatches in the NBFC for less than one-year bucket.
Limited track record and concentration in the lending business
Regulatory and attrition risks in the wealth management business
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About 360 One Wam Limited bond.
This comprehensive profile covers key factual information about 360 One Wam Limited. 360 One WAM Ltd, formerly 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. EPS in Mar-2024 was 22.41. Current ratio in Mar-2024 was 0.42. Debt/Equity in Mar-2024 was 3.38. Debt/EBITDA in Mar-2024 was 10.95. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.04. Total revenue for Mar-2025 (E) was ₹3009.59. Net income for Mar-2025 (E) stood at ₹970.56. Total assets as of Mar-2024 were ₹15,114.36. Operating cash flow for Mar-2024 was ₹-470.11. Peers and comparison entities consist of 360 One Wam Limited, Angel One Limited, ICICI Securities Limited, IIFL Finance Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Long-standing track record and established franchise; Experienced and stable management team; Strong institutional shareholding and ability to raise capital from marque investors; Healthy capitalisation with comfortable gearing levels; Improved profitability parameters; Liquidity: Strong; . Key risks include: High client and employee attrition rates, leading to material erosion on assets under management (AUM), income, and profitability on a sustained basis.; Deterioration in the asset quality of the non-banking finance company (NBFC) book on a sustained basis.; Overall gearing exceeding 4x on a consolidated basis.; Regulatory action in the wealth management segment, resulting in a change in the business profile.; Negative cumulative mismatches in the NBFC for less than one-year bucket.; Limited track record and concentration in the lending business; Regulatory and attrition risks in the wealth management business. Leadership team details include Akhil Kumar Gupta (Independent Director), Geeta Mathur (Independent Director), Karan Bhagat (Managing Director), Nilesh Vikamsey (Chairman & Ind.Director), Nirmal Jain (Non Executive Director), Pankaj Vaish (Independent Director), Pavninder Singh (Nominee Director), R Venkataraman (Non Executive Director), Revathy Ashok (Independent Director), Rishi Mandawat (Nominee Director), Rohit Bhase (Company Secretary & Compliance Officer), Sanjay Wadhwa (Chief Financial Officer), Subbaraman Narayan (Independent Director), Yatin Shah (Non Executive Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.