Q1-FY27 · Sanjay Wadwha
India's wealth market remains deeply underpenetrated and represents a significant growth opportunity for a franchise like ours that is positioned at the premium end of the market.
360 ONE WAM · tone and specificity signals across the available quarters.
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India's wealth market remains deeply underpenetrated and represents a significant growth opportunity for a franchise like ours that is positioned at the premium end of the market.
The biggest line items to look at... is our equity brokerage franchise. Together with BNK, together with our ultra high net worth brokerage practice, it's safe to say... number between 23 to 25 crores a month effectively 75 crores a quarter of equity brokerage on the listed side is something which we can definitely look at.
70% or 80% of the clients above 250 crores would be on the advisory side... the overall retention between an advisory client and distribution client is not dramatically different because... his ability to do multiple things with the platform is substantially higher than that of a distribution client.
Private credit in India is in a very very interesting threshold... accidents have been practically negligible to zero over the last 7 to 8 years.
We are very happy to report that the company recorded its highest ever quarterly PAT at 331 crores an increase of 20.3% year-on-year.
I think one of the key objectives we would have for next year is obviously cost optimization.
We are unlikely to be crazy aggressive. We typically would take our time.