360 One Wam Limited · NSE:360ONE
360 One Wam — IIFL Wealth & Asset Management — Q1 FY22 Earnings Presentation
17 slides from 360 One Wam's earnings presentation, 2021
Slide 1: Q1 FY22 Performance Update
IIFL WEALTH & ASSET MANAGEMENT Q1 FY22 Performance Update Strictly Private and Confidential - Internal Circulation Only
Slide 2: Consolidated Business Summary
CONSOLIDATED BUSINESS SUMMARY 2
Slide 3: Strong Momentum for Growth and Value Creation
STRONG MOMENTUM FOR GROWTH AND VALUE CREATION EXCELLENT STRONG MOMENTUM, SUSTAINED FOCUS ON ALL QUARTER UNIQUE POSITION STAKEHOLDERS Highest quarterly profit in Unique, integrated and ‘New age’ re-imagining of the company’s history complementary business entire client journey and platform associated
Slide 4: Continued Leadership in Wealth and Alternate Asset Management
CONTINUED LEADERSHIP IN WEALTH AND ALTERNATE ASSET MANAGEMENT WEALTH ALTERNATE ASSET High quality, resilient business Differentiated offerings driving model – strong client adoption growth, performance and scale Continuous sharpening of value High agility & innovation on new proposition – IIFL One,
Slide 5: Sustained Progress on Business Model Change – Key Milestones Crossed
SUSTAINED PROGRESS ON BUSINESS MODEL CHANGE – KEY MILESTONES CROSSED • In 2019 we initiated the change in our business model, moving 1,55,490 crs 2,35,213 crs towards recurring revenues across all our business lines • The plan was to move towards 70-75% of revenues from ARR 50% over 3 years – its sa
Slide 6: Q1 FY22 – Key Financial Highlights
Q1 FY 22 – KEY FINANCIAL HIGHLIGHTS • Total AUM is up 33.1% YoY for Q1 FY22 and up 13.6% QoQ to Rs 2,35,2133 Crs AUM • Continued focus on ARR assets – Increase of 15.2 % QoQ to Rs 1,17,463 Crs • Net flows remained strong at Rs 14,294 Crs 1 for Q1 FY22, up 146.1% QoQ • Total Revenues are up 27.1% YoY
Slide 7: Consolidated Business Summary
CONSOLIDATED BUSINESS SUMMARY INR Cr Q1 FY 22 Q4 FY 21 QoQ Q1 FY 21 YoY FY 21 Closing AUM Annual Recurring Revenue Assets 1,17,463 1,01,969 15.2% 73,155 60.6% 1,01,969 Transactional / Brokerage Revenue Assets 1,17,750 1,05,074 12.1% 1,03,568 13.7% 1,05,074 Total AUM 2,35,213 2,07,044 13.6% 1,76,723
Slide 8: Key Metrics Summary
KEY METRICS SUMMARY Total Revenues (Rs. Cr.) & Retentions (%) QoQ Cost Mix (Rs. Cr.) Other income Transactional / Brokerage Revenue 54.3% 54.3% 53.0% 50.4% 54.3% Annual Recurring Revenue Total Retention Admin and Other Expenses Variable Employee Costs 350 304 Fixed Employee Costs 153 280 287 152 152
Slide 9: Segmental Business Summary
SEGMENTAL BUSINESS SUMMARY 9
Slide 10: Segmental Business Snapshot
SEGMENTAL BUSINESS SNAPSHOT REVENUE FROM AUM NET FLOWS RETENTION OPERATIONS Particulars Q1 FY 22 Q4 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 Wealth Management 1,90,909 1,69,672 9,681 1,060 9,569 214 207 162 0.48% 0.49% 0.46% Asset Management 44,304 37,37
Slide 11: Segmental Snapshot - Wealth Management
SEGMENTAL SNAPSHOT - WEALTH MANAGEMENT AUM NET FLOWS REVENUE FROM OPERATIONS RETENTION WEALTH MANAGEMENT Q1 FY 22 Q4 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 TOTAL 1,90,909 1,69,672 9,681 1,060 9,569 214 207 162 0.48% 0.49% 0.46% IIFL One 30,510 27,940 1
Slide 12: Segmental Snapshot – Asset Management
SEGMENTAL SNAPSHOT – ASSET MANAGEMENT AUM NET FLOWS REVENUE FROM OPERATIONS RETENTION ASSET MANAGEMENT Q1 FY 22 Q4 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 Q1 FY 22 Q4 FY 21 Q1 FY 21 TOTAL 44,304 37,372 4,613 4,748 337 70 59 198 0.68% 0.69% 0.62% Portfolio Manager 14,456 11,196 2,
Slide 13: Approximate Capital Allocation and Dividend
APPROXIMATE CAPITAL ALLOCATION AND DIVIDEND Tangible Net Worth Dividend Revised Tangible Net Worth 2,435 Crs Date INR per 2,125 Crs* share Wealth Management Wealth Management 765 Crs 560 Crs Proposed Special Dividend in - 35 NBFC 1,260 Crs August 2021 NBFC 1,230 Crs Asset Management Asset Management
Slide 14: Marquee Institutional Shareholding and Experienced Board
MARQUEE INSTITUTIONAL SHAREHOLDING AND EXPERIENCED BOARD Shareholding Split1 Details of Key Shareholders Promoters2 22.9% Promoters Public 23% Public Shareholding 13.7% Institutions Institutional Shareholding3 63.4% 63% 14% General Atlantic 21.2% Fairfax 18.4% Others 23.8% Board of Directors Name &
Slide 15: Data Book
DATA BOOK NFL WEALTH & ASSET MANAGEMENT
Slide 16: Link to Download Data Book
LINK TO DOWNLOAD DATA BOOK Data reported across previous quarters is now continued to be reported in a Data Book, maintained in an excel format on our website . The Link for the data book is hosted below. Contents of the Data Book: 1. Re-classified Result Table 2. Consolidated Data 3. Segmental – We
Slide 17: Disclaimer
DISCLAIMER This document is for the personal information of the authorised recipient(s) and does not construe to be an offer or solicitation of an offer to buy/sell any securities. It does not construe to be any investment, legal or taxation advice or recommendation in relation to holding, purchasin
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