360 ONE WAM LTD (360ONE) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated July 11, 2026 3 min read

360 ONE WAM faces a pivotal Q1 FY27 as it navigates a shifting regulatory landscape for mutual fund distribution while benefiting from a robust recovery in Indian equity markets. Investors will be closely watching for signs of organic flow momentum following the integration of UBS India and the company's progress toward its medium-term cost-to-income targets.

Quick Details

Results date	July 16, 2026
Quarter	Q1 FY 2026-2027
Previous quarter revenue	Rs. 780 Cr
Previous quarter PAT	Rs. 292 Cr
Previous quarter EBITDA margin	Not applicable
Market cap	Rs. 45,914.74 Cr
CMP	Rs. 1129.0

360 ONE WAM LTD Q1 Results Date and Time

The board meeting is scheduled for July 16, 2026, to consider the Q1 FY27 unaudited financial results.

What to expect from 360 ONE WAM LTD's Q1 FY27 results

Q1 FY27 results will likely reflect the impact of a 7.1% recovery in the Nifty 50, which should provide a tailwind for AUM-linked revenue compared to the market-driven drag seen in Q4 FY26. The implementation of the new SEBI TER framework effective April 1, 2026, introduces a structural headwind to trail commission yields, testing the sustainability of the company's TBR revenue run-rate. Management remains focused on scaling the HNI segment, which reported a PBT loss of Rs. 17 Cr in Q4 FY26, as they work toward a guided break-even by Q3-Q4 FY27. Beyond these drivers, the upcoming call is expected to address the provisioning approach for the Rs. 336.14 Cr income tax demand received in April 2026 and the operational status of the new GIFT City office.

Key Things To Watch

Performance vs Guidance Tracking: Tracking progress against medium-term operational and financial benchmarks.

AUM growth — 22-24% annually — ARR AUM grew 26.4% YoY in FY26, though total AUM faced market headwinds
Cost-to-income ratio — 45-47% medium-term goal — Q4 FY26 stood at 53.5%, indicating a material gap
HNI segment break-even — By Q3-Q4 FY27 — Segment remains loss-making with Rs. 17 Cr PBT loss in Q4 FY26

ARR Net Flow Trajectory: Monitoring organic growth momentum following the completion of the UBS India wealth transfer.

Q4 FY26 flows dropped to Rs. 8,985 Cr, the lowest level since the UBS integration
Q1 FY27 represents the first full quarter without UBS-related one-time flow contributions

Tax Demand and Regulatory Overhang: Addressing the recent income tax assessment orders.

Consolidated tax demand of Rs. 336.14 Cr received for the block period April 2018 to March 2025
Company intends to pursue formal appeals and has disclosed the amount as a contingent liability

Operating Metric Trajectory: Evaluating cost and efficiency metrics.

Cost-to-income ratio reached 53.5% in Q4 FY26, reversing the improving trend from earlier quarters
Management will be pressed on whether elevated hiring and admin costs will persist in Q1

Frequently Asked Questions

What was the primary driver of the sequential AUM decline in Q4 FY26?

Total AUM declined by approximately Rs. 36,906 Cr sequentially in Q4 FY26, primarily driven by market markdown rather than outflows, as net flows remained positive at Rs. 8,985 Cr.

What is the status of the HNI segment's profitability?

The HNI segment remains loss-making, reporting a PBT of Rs. (17) Cr in Q4 FY26. Management has guided for the segment to approach break-even by Q3-Q4 of FY27.

How does the new SEBI TER framework impact 360 ONE's revenue?

The revised TER framework effective April 1, 2026, separates GST and statutory levies from the base expense ratio, which creates yield compression in mutual fund distribution. This is expected to act as a headwind for the company's trail-based recurring income (TBR).