360 One Wam Limited · NSE:360ONE
360 One Wam — Q3 FY23 Earnings Presentation
21 slides from 360 One Wam's earnings presentation, Jan 23, 2023
Slide 1: Investor Presentation – Q3 FY23
360 ONE Investor Presentation – Q3 FY23 23-01-2023
Slide 2: IIFL Wealth & Asset Management is now 360 ONE
IIFL Wealth & Asset Management is now 360 ONE Same Purpose. New Name 360 ONE is an embodiment of two words that are extremely important to us – ‘360’ represents the holistic view we take of the ‘ONE’ person whose interests are always first: Our Client. The alignment of interests with our clients, ou
Slide 3: Business Snapshot – Q3 FY23
Business Snapshot – Q3 FY23 Total AUM including Custody Wealth Management Asset Management INR 345k cr / $41.6 bn* INR 216k cr / $26bn* AUM INR 59k cr / $7.1bn* AUM INR 3.5k cr Net Flows in Q3 FY23 INR 2.6K cr Net Flows in Q3 FY23 INR 295 cr / $36 mn* Operating INR 120 cr / $15 mn* Revenue in Q3 FY
Slide 4: Key Financial Highlights
Key Financial Highlights • Total AUM2 is up 4.7% YoY and up 2.6% QoQ at Rs 2,75,134 Crs • Continued focus on Recurring Revenue Assets – ARR AUM up 19.8% YoY and up 7.4% QoQ at Rs 1,66,494 Crs AUM • ARR Net flows at Rs 10,386 Crs for the quarter and Rs 22,122 Crs for 9M FY23; Total Net flows were Rs
Slide 5: Consolidated Business Summary
Consolidated Business Summary Particulars (Rs. Crs.) Q2 FY 23 Q3 FY 23 QoQ % Q3 FY 22 YoY % 9M FY 22 9M FY 23 YoY % AUM 2,68,286 2,75,134 3% 2,62,780 5% 2,62,780 2,75,134 5% Annual Recurring Revenue Assets 1,54,965 1,66,494 7% 1,38,946 20% 1,38,946 1,66,494 20% Transactional / Brkg Revenue Assets 1,
Slide 6: Key Metrics Summary
Key Metrics Summary Total Average Assets Under Management (Rs. Crs.) Total Revenues (Rs. Crs.) & Retentions (%) QoQ 6,390 7,036 6,078 6,104 6,034 Other Income Transactional / Brokerage Revenue Annual Recurring Revenue Retention on Total Revenue Annual Recurring Revenue Assets 0.70% Net Flows excludi
Slide 7: FY23 View – Strong overall growth; Sustained performance on focus metrics
FY23 View – Strong overall growth; Sustained performance on focus metrics • ARR Net Flows continues to see strong traction across Wealth Guidance Particulars (Rs. Crs.) 9M FY23 Actuals and Asset Management and remain broadly in line with FY 231 guidance Net Flows on ARR ~30,000 22,122 MTM on ARR 6%
Slide 8: ARR AUM Build-up – Across Business Segments and Asset Classes (9M FY23)
ARR AUM Build-up – Across Business Segments and Asset Classes (9M FY23) ARR AUM Build up 9M FY 23 Particulars (Rs. Crs.) Opening AUM Net Flows MTM Closing AUM TOTAL ARR 1,44,432 22,122 -59 1,66,494 Wealth ARR 88,857 18,537 47 1,07,441 IIFL One 32,724 8,439 -569 40,594 Distribution Assets Earning Tra
Slide 9: Segmental Business Summary
Segmental Business Summary 9 360 ONE
Slide 10: Segmental Business Snapshot - Quarterly
Segmental Business Snapshot - Quarterly AUM NET FLOWS REVENUE FROM OPERATIONS RETENTION Particulars (Rs. Crs.) Q2 FY 23 Q3 FY 23 Q2 FY 23 Q3 FY 23 9M FY 23 Q2 FY 23 Q3 FY 23 9M FY 23 Q2 FY 23 Q3 FY 23 9M FY 23 Wealth Management 2,12,520 2,16,081 6,051 3,465 14,632 272 295 826 0.54% 0.56% 0.54% Asset
Slide 11: Segmental Snapshot - Wealth Management
Segmental Snapshot - Wealth Management AUM Build up Q3 FY 23 Revenue Build Up Q3 FY 23 PRODUCTS (Rs. Crs.) Opening AUM Net Flows MTM Closing AUM Average AUM Retentions Revenue TOTAL 2,12,520 3,465 96 2,16,081 2,10,376 0.56% 295 IIFL One 36,553 3,678 363 40,594 35,557 0.27% 24 Discretionary 11,044 11
Slide 12: Segmental Snapshot (Asset Class)- Wealth Management
Segmental Snapshot (Asset Class)- Wealth Management AUM Build Up – Q3 FY 23 ASSET ALLOCATION (Rs. Crs.) Opening AUM Net Flows MTM Closing AUM TOTAL1 2,08,236 3,275 97 2,11,607 Equity 1,13,983 5,252 -647 1,18,588 Debt 94,253 -1,977 743 93,019 - Long Term 62,539 500 666 63,704 - Short Term 12,656 -232
Slide 13: Segmental Snapshot – Asset Management
Segmental Snapshot – Asset Management AUM Build up Q3 FY 23 Revenue Build Up Q3 FY 23 ASSET MANAGEMENT (Rs. Crs.) Opening AUM Net Flows MTM Closing AUM Average AUM Retentions Revenue TOTAL 55,766 2,569 718 59,053 58,095 0.83% 120 Discretionary Portfolio Manager 18,320 710 514 19,544 19,241 0.54% 26
Slide 14: Segmental Snapshot (Asset Class) – Asset Management
Segmental Snapshot (Asset Class) – Asset Management AUM Build Up – Q3 FY 23 STRATEGY WISE (Rs. Crs.) Opening AUM Net Flows MTM Closing AUM TOTAL 55,766 2,569 718 59,053 Listed Equity 24,299 535 683 25,517 Private Equity 20,888 551 (92) 21,348 Credit 4,536 625 72 5,233 Real Assets 3,350 695 38 4,083
Slide 15: Capital Allocation and Other Updates
Capital Allocation and Other Updates 15 360 ONE
Slide 16: Capital Allocation & Dividend
Capital Allocation & Dividend Net Worth Dividend History Time period INR /share Tangible ~ 2,526 Crs Total FY 21 70 Total FY 22 55 Wealth Management 270 Crs Total FY 23 till date - 69 First Interim Dividend (May 2022) 20 Lending 1,427 Crs Second Interim Dividend (July 2022) 15 Third Interim Dividend
Slide 17: 125+ Awards and counting…
125+ Awards and counting… 17 360 ONE
Slide 18: Marquee Institutional Shareholding and Experienced Board
Marquee Institutional Shareholding and Experienced Board Shareholding Split (as of Dec. 31, 2022) Details of Key Shareholders (as of Dec. 31, 2022) Promoters Promoters 22% Public 22% Institutions Public Shareholding 14% Institutional Shareholding 64% 64% 14% Bain Capital 25% Others 39% Board of Dire
Slide 19: 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 – Wea
Slide 20: 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
Slide 21: Thank you
Thank you For Any further information, please reach out to ir@iiflw.com 21 360 ONE