360 One Wam (NSE:360ONE) Full Year 2024 Results
Key Financial Results
- Revenue: ₹29.2b (up 42% from FY 2023).
- Net income: ₹8.04b (up 22% from FY 2023).
- Profit margin: 28% (down from 32% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: ₹22.49 (up from ₹18.51 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
360 One Wam Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%.
The primary driver behind last 12 months revenue was the Wealth Management segment contributing a total revenue of ₹23.4b (80% of total revenue). The most substantial expense, totaling ₹8.48b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 360ONE's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in India.
Performance of the Indian Capital Markets industry.
The company's shares are up 4.4% from a week ago.
Risk Analysis
Be aware that 360 One Wam is showing 3 warning signs in our investment analysis and 1 of those can't be ignored...
Valuation is complex, but we're here to simplify it.
Discover if 360 One Wam might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About NSEI:360ONE
360 One Wam
Engages in the provision of wealth and asset management services primarily in India.
Acceptable track record second-rate dividend payer.
