Angel One Ltd
Angel One Ltd is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking, institutional broking, providing margin trading facility, depository services and distribution of mutual funds, lending as a NBFC and corporate agents of insurance companies.[1]
- Market Cap ₹ 28,552 Cr.
- Current Price ₹ 313
- High / Low ₹ 360 / 209
- Stock P/E 24.6
- Book Value ₹ 68.1
- Dividend Yield 1.31 %
- ROCE 15.6 %
- ROE 17.3 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
- Company has been maintaining a healthy dividend payout of 93.9%
- Company's median sales growth is 26.6% of last 10 years
Cons
- Promoter holding has decreased over last 3 years: -9.71%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 368 | 361 | 738 | 752 | 735 | 1,280 | 2,272 | 2,985 | 4,248 | 5,175 | 5,057 | 5,347 | |
| 303 | 383 | 502 | 559 | 555 | 830 | 1,359 | 1,700 | 2,550 | 3,157 | 3,144 | 3,208 | |
| Operating Profit | 65 | -23 | 237 | 193 | 180 | 450 | 913 | 1,285 | 1,699 | 2,019 | 1,913 | 2,139 |
| OPM % | 18% | -6% | 32% | 26% | 24% | 35% | 40% | 43% | 40% | 39% | 38% | 40% |
| 13 | 111 | 13 | 11 | 7 | 8 | 2 | 16 | 6 | 8 | 14 | 18 | |
| Interest | 29 | 50 | 89 | 67 | 50 | 43 | 74 | 91 | 137 | 293 | 437 | 482 |
| Depreciation | 10 | 10 | 12 | 18 | 20 | 17 | 18 | 29 | 49 | 100 | 117 | 121 |
| Profit before tax | 40 | 28 | 149 | 119 | 117 | 398 | 823 | 1,181 | 1,519 | 1,634 | 1,373 | 1,554 |
| Tax % | 36% | 26% | 32% | 35% | 26% | 27% | 25% | 25% | 25% | 26% | 26% | |
| 25 | 21 | 102 | 77 | 87 | 290 | 615 | 882 | 1,133 | 1,216 | 1,023 | 1,160 | |
| EPS in Rs | 1.77 | 1.44 | 1.41 | 1.07 | 1.20 | 3.55 | 7.42 | 10.57 | 13.49 | 13.47 | 11.23 | 12.73 |
| Dividend Payout % | 32% | 47% | 96% | 25% | 22% | 36% | 37% | 38% | 26% | 36% | 220% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 32% |
| 3 Years: | 19% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 45% |
| 5 Years: | 29% |
| 3 Years: | 5% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 25% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 31% |
| 3 Years: | 26% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 72 | 72 | 72 | 82 | 83 | 83 | 84 | 90 | 91 |
| Reserves | 288 | 298 | 378 | 432 | 497 | 1,020 | 1,463 | 2,031 | 2,916 | 5,508 | 6,111 |
| 305 | 698 | 1,065 | 866 | 488 | 1,171 | 1,258 | 788 | 2,658 | 3,409 | 7,938 | |
| 322 | 531 | 757 | 799 | 1,103 | 2,509 | 4,375 | 4,520 | 7,663 | 7,816 | 9,775 | |
| Total Liabilities | 929 | 1,541 | 2,272 | 2,169 | 2,159 | 4,782 | 7,178 | 7,423 | 13,321 | 16,823 | 23,915 |
| 93 | 95 | 97 | 116 | 108 | 100 | 138 | 174 | 395 | 475 | 467 | |
| CWIP | 3 | 1 | 0 | 1 | 2 | 0 | 12 | 62 | 0 | 1 | 8 |
| Investments | 101 | 101 | 95 | 95 | 95 | 83 | 83 | 83 | 433 | 435 | 463 |
| 732 | 1,345 | 2,080 | 1,957 | 1,954 | 4,599 | 6,945 | 7,104 | 12,492 | 15,912 | 22,977 | |
| Total Assets | 929 | 1,541 | 2,272 | 2,169 | 2,159 | 4,782 | 7,178 | 7,423 | 13,321 | 16,823 | 23,915 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -151 | -269 | -318 | 654 | 622 | -912 | 552 | 717 | -239 | -1,812 | -4,054 | |
| -2 | 9 | 38 | -9 | -4 | 2 | -39 | -98 | -553 | -151 | -95 | |
| 98 | 334 | 253 | -308 | -445 | 896 | -163 | -908 | 1,448 | 1,766 | 3,660 | |
| Net Cash Flow | -55 | 74 | -28 | 337 | 174 | -14 | 350 | -289 | 656 | -197 | -488 |
| Free Cash Flow | -161 | -278 | -326 | 643 | 610 | -925 | 483 | 616 | -444 | -1,965 | -4,127 |
| CFO/OP | -268% | 1,157% | -114% | 363% | 361% | -181% | 84% | 78% | 9% | -70% | -194% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 434 | 865 | 78 | 104 | 19 | 65 | 91 | 45 | 42 | 21 | 30 |
| Inventory Days | |||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 434 | 865 | 78 | 104 | 19 | 65 | 91 | 45 | 42 | 21 | 30 |
| Working Capital Days | 137 | -353 | -319 | -652 | -386 | -237 | -575 | -477 | -528 | -503 | -602 |
| ROCE % | 10% | 19% | 13% | 14% | 27% | 35% | 44% | 39% | 26% | 16% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| MTF/Client Funding Book ₹ Bn |
|
||||||||
| NSE Active Client Market Share % |
|||||||||
| Total Client Base Million |
|||||||||
| Demat Account Market Share % |
|||||||||
| NSE Active Client Base Million |
|||||||||
| Number of Orders Million |
|||||||||
| Mutual Fund AUM ₹ Bn |
|||||||||
| Ionic Wealth AUM ₹ Bn |
|||||||||
| Overall Retail Equity Turnover Market Share % |
|||||||||
Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 1d
-
Audio Recordings Of Earnings Call With Analysts And Investors Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
16 Jul - Angel One shared audio recording of its July 16, 2026 earnings call on its website.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Jul - Newspaper Advertisement for Unaudited Financial Results of the Company for the Quarter ended June 30, 2026
- Announcement under Regulation 30 (LODR)-Investor Presentation 15 Jul
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Jul - Angel One reported Q1 FY27 results: revenue ₹14,337 Mn, PAT ₹2,314 Mn, user base 38.6 Mn.
Annual reports
Concalls
-
Jul 2026Transcript PPT REC
-
Jul 2026TranscriptAI SummaryPPT
-
Apr 2026Transcript PPT REC
-
Jan 2026Transcript PPT REC
-
Jan 2026TranscriptAI SummaryPPT
-
Oct 2025Transcript PPT REC
-
Jul 2025Transcript PPT REC
-
Apr 2025Transcript PPT REC
-
Jan 2025Transcript PPT REC
-
Oct 2024Transcript PPT REC
-
Oct 2024TranscriptAI SummaryPPT
-
Jul 2024Transcript PPT REC
-
Jul 2024Transcript PPT
-
Apr 2024Transcript PPT REC
-
Apr 2024TranscriptPPT
-
Mar 2024TranscriptAI SummaryPPT
-
Jan 2024TranscriptPPT
-
Jan 2024TranscriptPPT
-
Jan 2024Transcript PPT
-
Oct 2023Transcript PPT
-
Jul 2023Transcript PPT
-
Jun 2023TranscriptPPT
-
Apr 2023Transcript PPT
-
Apr 2023TranscriptAI SummaryPPT
-
Jan 2023Transcript PPT
-
Oct 2022Transcript PPT
-
Jul 2022Transcript PPT
-
Jun 2022TranscriptPPT
-
Apr 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Jul 2021Transcript PPT
-
May 2021Transcript PPT
-
Apr 2021TranscriptAI SummaryPPT
-
Apr 2021Transcript PPT
-
Feb 2021Transcript PPT
-
Dec 2020TranscriptPPT
-
Nov 2020Transcript PPT
Service Offerings[1]
Angel One is India’s largest listed retail stock broking business. Its offerings include broking and depository services, client funding, and distribution of third-party financial products(Mutual funds, credit, insurance), Wealth Management & asset management.