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 ₹ 23,200 Cr.
- Current Price ₹ 2,574
- High / Low ₹ 3,900 / 1,805
- Stock P/E 19.2
- Book Value ₹ 357
- Dividend Yield 1.31 %
- ROCE 38.7 %
- ROE 44.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 71.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.9%
- Company has been maintaining a healthy dividend payout of 33.3%
- Debtor days have improved from 59.3 to 41.7 days.
Cons
- Stock is trading at 7.33 times its book value
- Promoter holding has decreased over last quarter: -2.58%
* 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.
Peer comparison
Sector: Stock/ Commodity Brokers Industry: Finance & Investments
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
368 | 361 | 738 | 752 | 735 | 1,280 | 2,272 | 2,985 | 4,248 | 4,838 | |
303 | 383 | 502 | 559 | 555 | 830 | 1,359 | 1,700 | 2,550 | 2,987 | |
Operating Profit | 65 | -23 | 237 | 193 | 180 | 450 | 913 | 1,285 | 1,699 | 1,851 |
OPM % | 18% | -6% | 32% | 26% | 24% | 35% | 40% | 43% | 40% | 38% |
13 | 111 | 13 | 11 | 7 | 8 | 2 | 16 | 6 | 10 | |
Interest | 29 | 50 | 89 | 67 | 50 | 43 | 74 | 91 | 137 | 174 |
Depreciation | 10 | 10 | 12 | 18 | 20 | 17 | 18 | 29 | 49 | 62 |
Profit before tax | 40 | 28 | 149 | 119 | 117 | 398 | 823 | 1,181 | 1,519 | 1,624 |
Tax % | 36% | 26% | 32% | 35% | 26% | 27% | 25% | 25% | 25% | |
25 | 21 | 102 | 77 | 87 | 290 | 615 | 882 | 1,133 | 1,211 | |
EPS in Rs | 17.74 | 14.41 | 14.15 | 10.65 | 12.03 | 35.49 | 74.21 | 105.70 | 134.88 | 141.88 |
Dividend Payout % | 32% | 47% | 96% | 25% | 22% | 36% | 37% | 38% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 41% |
3 Years: | 49% |
TTM: | 56% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 71% |
3 Years: | 57% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
1 Year: | 42% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 42% |
3 Years: | 46% |
Last Year: | 44% |
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 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 72 | 72 | 72 | 82 | 83 | 83 | 84 |
Reserves | 288 | 298 | 378 | 432 | 497 | 1,020 | 1,463 | 2,031 | 2,916 |
305 | 698 | 1,065 | 866 | 488 | 1,171 | 1,258 | 788 | 2,658 | |
322 | 531 | 757 | 799 | 1,103 | 2,509 | 4,375 | 4,520 | 7,663 | |
Total Liabilities | 929 | 1,541 | 2,272 | 2,169 | 2,159 | 4,782 | 7,178 | 7,423 | 13,321 |
93 | 95 | 97 | 116 | 108 | 100 | 138 | 174 | 395 | |
CWIP | 3 | 1 | 0 | 1 | 2 | 0 | 12 | 62 | 0 |
Investments | 101 | 101 | 95 | 95 | 95 | 83 | 83 | 83 | 433 |
732 | 1,345 | 2,080 | 1,957 | 1,954 | 4,599 | 6,945 | 7,104 | 12,492 | |
Total Assets | 929 | 1,541 | 2,272 | 2,169 | 2,159 | 4,782 | 7,178 | 7,423 | 13,321 |
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 | |
---|---|---|---|---|---|---|---|---|---|
-151 | -269 | -318 | 654 | 622 | -1,166 | 552 | 717 | -239 | |
-2 | 9 | 38 | -9 | -4 | 2 | -39 | -98 | -553 | |
98 | 334 | 253 | -308 | -445 | 896 | -163 | -908 | 1,448 | |
Net Cash Flow | -55 | 74 | -28 | 337 | 174 | -268 | 350 | -289 | 656 |
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 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 434 | 865 | 78 | 104 | 19 | 65 | 91 | 45 | 42 |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 434 | 865 | 78 | 104 | 19 | 65 | 91 | 45 | 42 |
Working Capital Days | 137 | 352 | 207 | -242 | -386 | -237 | -575 | -477 | -528 |
ROCE % | 10% | 19% | 13% | 14% | 27% | 35% | 44% | 39% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
11 Sep - CARE Ratings reaffirmed Angel One's Commercial Paper rating.
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Intimation Of Grant Of Options Under Angel Broking Employee Long Term Incentive Plan 2021
10 Sep - Grant of 783 RSUs and 548 PSUs to employee.
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Intimation Of Grant Of Options Under Angel Broking Employee Long Term Incentive Plan 2021
9 Sep - Grant of 6,627 RSUs and 4,639 PSUs to employee.
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Announcement under Regulation 30 (LODR)-Monthly Business Updates
6 Sep - Angel One updates key business parameters for August 2024.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations 2015- Facts Regarding Defamation & Illegal Use Of 'Angelone' Brand Name, Impersonation With An Intent To Defraud Customer.
5 Sep - Company warns against fraudulent use of its brand name.
Annual reports
Concalls
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Service Offerings
The company's financial products and service offerings include broking services, research services, investment advisory, margin trading facility, loan against shares, distribution of third party financial products and investor education.[1]