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 ₹ 28,119 Cr.
- Current Price ₹ 309
- High / Low ₹ 330 / 209
- Stock P/E 27.5
- Book Value ₹ 68.1
- Dividend Yield 1.55 %
- 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's median sales growth is 26.6% of last 10 years
Cons
- Promoter holding has decreased over last 3 years: -9.68%
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 368 | 361 | 738 | 752 | 735 | 1,280 | 2,272 | 2,985 | 4,248 | 5,175 | 5,054 | |
| 303 | 383 | 502 | 559 | 555 | 830 | 1,359 | 1,700 | 2,550 | 3,157 | 3,145 | |
| Operating Profit | 65 | -23 | 237 | 193 | 180 | 450 | 913 | 1,285 | 1,699 | 2,019 | 1,909 |
| OPM % | 18% | -6% | 32% | 26% | 24% | 35% | 40% | 43% | 40% | 39% | 38% |
| 13 | 111 | 13 | 11 | 7 | 8 | 2 | 16 | 6 | 8 | 18 | |
| Interest | 29 | 50 | 89 | 67 | 50 | 43 | 74 | 91 | 137 | 293 | 436 |
| Depreciation | 10 | 10 | 12 | 18 | 20 | 17 | 18 | 29 | 49 | 100 | 117 |
| Profit before tax | 40 | 28 | 149 | 119 | 117 | 398 | 823 | 1,181 | 1,519 | 1,634 | 1,373 |
| 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 | |
| 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 |
| Dividend Payout % | 32% | 47% | 96% | 25% | 22% | 36% | 37% | 38% | 26% | 36% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 32% |
| 3 Years: | 19% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 45% |
| 5 Years: | 29% |
| 3 Years: | 5% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 52% |
| 3 Years: | 36% |
| 1 Year: | 33% |
| 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 | 475 | |
| CWIP | 3 | 1 | 0 | 1 | 2 | 0 | 12 | 62 | 0 | 1 | 0 |
| 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% | -195% |
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 | -612 |
| ROCE % | 10% | 19% | 13% | 14% | 27% | 35% | 44% | 39% | 26% | 16% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Total Client Base Million |
|
||||||||
| Average Client Funding Book (MTF) INR Billion |
|||||||||
| Average Daily Turnover (ADTO) Market Share - Overall Retail Equity percentage |
|||||||||
| NSE Active Client Market Share percentage |
|||||||||
| Number of Executed Orders Million |
|||||||||
| Number of Authorized Persons (APs) absolute |
|||||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Of allotment of 11,39,549 Equity shares of Angel One Limited having a face value of Rs. 1 each pursuant to exercise under Angel Broking Employee …
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 22 Apr
-
Audio Recordings Of Earnings Call With Analysts And Investors Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
17 Apr - Audio recording of Angel One's April 17, 2026 earnings call uploaded on website.
-
Intimation Of Grant Of Options Under Angel Broking Employee Long Term Incentive Plan 2021
17 Apr - Angel One grants 73,46,277 RSUs to 452 employees under LTI Plan 2021, effective April 17, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Apr - Newspaper Advertisement for Audited Financial Results of the Company for the quarter and year ended March 31,2026 under Regulation 47 of the SEBI (Listing Obligations …
Annual reports
Concalls
-
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
Angel One is India’s largest listed retail stock broking business. Its offerings include broking and advisory services, margin funding, and distribution of third-party financial products to its clients. It has expanded its third-party financial product offerings to include unsecured loans, motor insurance, and fixed deposits. [1]