Breakout Stock Alert: 1st Interim Dividend For FY 2025‐26 of Rs. 6; Why You Shouldn’t Ignore By April 29?

One of India's top wealth and asset management companies is 360 ONE WAM. With over Rs 5,81,000 crores in total assets under management, 360 ONE serves as the investment and financial advisor to over 7500 relevant families in the High-Net-Worth Individuals (HNI) and Ultra HNI categories. The company's financial results for the quarter and fiscal year ended March 31, 2025, the first interim dividend for FY 2025-2026, and the raising of funds up to Rs 250 Cr through the issuance of non-convertible debt securities caused 360 One Wam's shares to close 4% lower on Thursday at Rs 1,017.50 per share with a market capitalization of Rs 40.00KCr.

360 One Wam Dividend

The Board of Directors considered and approved "first interim dividend for FY 2025‐26 of Rs. 6/‐ (Rupees six only) per equity share of face value of Re. 1/‐ (Rupee one only) each and has fixed the record date as Tuesday, April 29, 2025, for this purpose. The said interim dividend will be paid / dispatched on or before Wednesday, May 22, 2025, subject to applicable taxes," said the company in a stock exchange filing.

360 One Wam Fundraising Proposal

The Board of Directors considered and approved "raising of funds through issuance of non-convertible debt securities as defined under Listing Regulations, 2015 ("NCDs") of upto Rs. 250 Crores on a private placement basis, in one or more tranches," 360 One Wam informed stock exchanges.

360 One Wam News

Additionally, the Board authorized Mr. Karan Bhagat's reappointment as the company's managing director for a five-year term, which would take effect from July 27, 2025, to July 26, 2030 (both days inclusive).

360 One Wam Q4 Results

For the fourth quarter of FY25, the company's net profit increased 3.6% year on year, with profit after tax coming in at Rs 250 crore as opposed to Rs 241 Cr in the same quarter of the previous fiscal year. From Rs 623 Cr in Q4FY24 to Rs 658 Cr in the quarter ending March 2025, total revenue increased 5.7% YoY. In Q4FY25, the company's total expenses were Rs 334 Cr, up 11.3% YoY from Rs 300 Cr in the year-ago quarter. The company's net profit for the entire fiscal year ended March 31, 2025, was Rs 1,015 Cr, up 26.6% from Rs 802 Cr in FY24, while total revenue for FY25 was Rs 2,652 Cr, up 35.0% from Rs 1,965 Cr in FY24.

With ARR AUM of Rs 2,46,828 Crs and Transactional / Brokerage AUM of Rs 3,34,670 Crs, the company's assets under management for 360 ONE were Rs 5,81,498 Crs.

Mr. Karan Bhagat (Founder, MD & CEO) said "this year has been a defining one for 360 ONE - characterised by strong growth, enhanced client trust, and the effective execution of our long-term strategy. Our results reflect the strength of our platform, the quality of our talent, and the clarity of our vision. Amid global volatility, investor interest in India continues to rise. The exclusive strategic collaboration with UBS enhances our ability to deepen our presence and build a future-ready franchise that delivers lasting value to all stakeholders."

360 One Wam Share Price Target

"360 ONE WAM recently broke out above its resistance of ₹1020 and is now consolidating gains. If the stock sustains above ₹1010, further upward momentum is likely with targets at ₹1075 and ₹1100. RSI and volume action suggest strong underlying demand. Traders can accumulate on dips near ₹1020 for short-term gains. The stock has been showing consistent delivery volume activity, indicating investor interest," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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