Analysts/Institutional Investor Meet/Con. Call Updates

July 21, 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 400 051. BSE Scrip Code: 542772 NSE Symbol: 360ONE Dear Sir / Madam, Subject: Transcript of earnings call This is further to our intimation dated July 10, 2026, informing the exchanges regarding the details of the earnings call scheduled on Thursday, July 16, 2026, at 5:30 p.m. (IST) to discuss the Company's performance for the quarter ended June 30, 2026. Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of the earnings call held on Thursday, July 16, 2026. We wish to confirm that no unpublished price sensitive information was shared / discussed in the aforesaid earnings call. The said transcript shall also be made available on the website of the Company at https://ir.360.one/investor-relations/. We request you to kindly take the above information on record. Thanking you. Yours faithfully, For 360 ONE WAM LIMITED Rohit Bhase Company Secretary (ACS: 21409) Encl.: As above 360 ONE WAM LIMITED Corporate & Registered Office: 360 ONE Centre, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013 Tel (91-22) 4876 5600 Fax (91-22) 4341 1895 Email secretarial@360.one www.360.one CIN: L74140MH2008PLC177884 360 ONE WAM Earnings Call for Q1 FY27 − Mr. Anil Mascarenhas - Senior Executive VP, Communications, 360 ONE WAM: − Good evening, ladies and gentlemen, and welcome to 360 ONE WAM Earnings Call for Q1 FY27. − As a reminder, all participant lines will be in listen-only mode. In case you wish to ask any questions, kindly click on the raise hand icon. Please note, this conference is being recorded. − On the call today, we have with us Mr. Karan Bhagat, MD & CEO, Mr. Yatin Shah, CEO - Wealth Business, Mr. Sanjay Wadhwa, CFO, and Mr. Anshuman Maheshwary. I now hand it over to Mr. Sanjay Wadhwa to take this call forward. Thank you. − Mr. SanjayWadhwa - CFO, 360 ONE WAM: − Thank you, Anil. − A very good evening to all the participants and thank you for joining us on our Q1 FY27 Earnings Call. Before turning to the financial performance, a brief word on macro backdrop. Equity indices staged a broad-based recovery over the quarter, navigating a period of geopolitical uncertainty with characteristic resilience. The resilience was equally visible in flows into the domestic asset and wealth management ecosystem, reaffirming our conviction in the industry's structured growth story. India's wealth market remains deeply underpenetrated and represents a significant growth opportunity. For a franchise like ours that is positioned at a premium end of the market, this represents an opportunity to compound our leadership over the coming years. − Let me turn to the numbers. • Our total ARR AUM increased by 19% to Rs 3,42,000 crores, with wealth AUM at Rs 2,42,000 crores, a growth of 24.2%, and asset management AUM at Rs 1,00,000 crores, an increase of 8.2%. Overall, AUM rose by 17% to Rs 7.8 lakh crores as on June 30, 2026. We garnered the ARR net flows of Rs 10,815 crores in this quarter as compared to Rs 8,985 crores in the previous quarter. The wealth business drove the increase contributing strong flows of Rs 13,379 crores as compared to Rs 6,957 crores in Q4. It is a clear reflection of sustained momentum in our core UHNI franchise, amplified by contributions from recently onboarded teams. On the asset management side, even as gross flows remained very strong at approximately Rs 4,000 crores, the net flows were negative due to one large outflow in an institutional mandate. • Q1 FY27 ARR revenues stood at Rs 614 crores, up 20.3% year on year, with ARR revenue now comprising 75% of total revenue from operations. ARR retention was at 74 basis points, with wealth at 71 and asset management at 83 basis points. TBR rose by 37.3% year on year to Rs 208 crores during the quarter. Total revenue increased 20% to Rs 870 crores driven by strong growth across both wealth and asset verticals. Total cost stood at Rs 446 crores with a cost to income ratio of 51.3% as compared to 53.5% in Q4 FY26. We expect gradual improvement in this metric as the businesses scale up, we drive synergies from strategic initiatives and incoming wealth teams reach full productivity. • We are very happy to report a profit after tax of Rs 330 crores an increase of 14.8%. Tangible ROE stood at 19.4% and we expect this to improve as capital deployed in our lending and asset businesses begin to reflect in earnings. − Before turning to a brief update on our individual businesses and strategic initiatives, let me reiterate the structural backdrop underpinning our confidence. • Acceptance of professional wealth management continues to rise and wealth creation at the top of the pyramid is outpacing the broader economy. For a full stack platform spanning across wealth and asset management, this is a long and durable runway, and our strategy remains centred on being the manager of choice for our clients' core portfolios. • Our UHNI franchise remains an anchor of the firm and continues to perform very well. The addressable market spans 40,000 - 45,000 households and, our focus is consistent across three vectors - deepening wallet share of existing clients, extending beyond the top cities and being the manager of first-choice post-monetization events. Our advisory-led proposition continues to gain traction as clients migrate from transactional, product-driven engagement to portfolio-level, solution-oriented mandates, enabling more comprehensive services across the platform and relationships that endure across cycles and generations. We continue to invest ahead of the curve across RM capabilities, technology, portfolio analytics, and client data security. • Our HNI proposition is scaling well and is a natural extension of the UHNI franchise. The program now spans approximately 60+ relationship managers across 12 locations, managing in excess of Rs 5,000 crores of AUM for 800+ clients at ARR retention yield of around 90 basis points. What makes this segment strategically important is not just the 200,000+ household opportunity it opens up, but that it acts as a powerful feeder pipeline into our core proposition, supported by a digital-first, scalable operating model, a state-of-the-art client and RM app, and referrals from our existing client and RM base. As business momentum continues and productivity builds through the year, we expect the business to break even on direct cost by end of this year. • FY26 was a year of deliberate strategic transformation of the ET money business, resetting the business model towards profitability. We expect the business to reach break-even level this year. • In the institutional business, the institutional equity franchise continues to perform strongly with 550+ mid and small-cap companies under coverage, 300+ institutional clients, and over 85% of broking revenue from the cash segment. More importantly, the synergies envisaged at acquisition are coming to life. Broking income from UHNI clients is seeing an uplift, and access to 600+ corporate treasuries is opening meaningful cross-sell into wealth, treasury advisory, and lending. Our ECM-focused IB capabilities, while still building out, are showing strong early traction. We expect the broking mix to turn steadily more annuity-like as institutions scales up and UHNI participation rises. • Our asset management business continues to be a structural growth engine, and its quality is reflected in a rising ARR contribution and improving cost efficiencies. AUM has now crossed key milestone of Rs 1 lakh crore with strong momentum across our alternates platform, comprising of private equity, private credit, real estate, infrastructure, renewables, and multi asset, as well [Showing first 8,000 characters — download PDF for full document]