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 ₹ 25,549 Cr.
- Current Price ₹ 2,842
- High / Low ₹ 3,900 / 1,181
- Stock P/E 22.7
- Book Value ₹ 362
- Dividend Yield 1.40 %
- ROCE 38.7 %
- ROE 43.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 69.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.2%
- Debtor days have improved from 59.1 to 41.6 days.
Cons
- Stock is trading at 7.86 times its book value
- Promoter holding has decreased over last 3 years: -6.34%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
450 | 451 | 440 | 770 | 778 | 748 | 1,289 | 2,292 | 3,002 | 4,272 | |
339 | 362 | 437 | 516 | 575 | 564 | 826 | 1,366 | 1,708 | 2,580 | |
Operating Profit | 112 | 90 | 3 | 254 | 203 | 183 | 462 | 926 | 1,294 | 1,692 |
OPM % | 25% | 20% | 1% | 33% | 26% | 24% | 36% | 40% | 43% | 40% |
11 | 11 | 112 | 14 | 11 | 2 | 8 | 5 | 18 | 8 | |
Interest | 38 | 36 | 54 | 95 | 70 | 50 | 42 | 76 | 91 | 136 |
Depreciation | 10 | 13 | 14 | 15 | 20 | 21 | 18 | 19 | 30 | 50 |
Profit before tax | 74 | 52 | 48 | 159 | 124 | 114 | 410 | 836 | 1,192 | 1,514 |
Tax % | 37% | 39% | 35% | 32% | 36% | 28% | 28% | 25% | 25% | 26% |
47 | 32 | 31 | 108 | 80 | 82 | 297 | 625 | 890 | 1,126 | |
EPS in Rs | 32.69 | 22.08 | 21.59 | 14.99 | 11.09 | 11.44 | 36.28 | 75.41 | 106.68 | 133.98 |
Dividend Payout % | 13% | 25% | 31% | 91% | 24% | 24% | 35% | 36% | 37% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 41% |
3 Years: | 49% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 70% |
3 Years: | 56% |
TTM: | 28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 98% |
1 Year: | 131% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 42% |
3 Years: | 45% |
Last Year: | 43% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 72 | 72 | 72 | 82 | 83 | 83 | 84 |
Reserves | 332 | 355 | 375 | 403 | 459 | 519 | 1,049 | 1,502 | 2,078 | 2,955 |
333 | 358 | 772 | 1,125 | 872 | 491 | 1,171 | 1,258 | 787 | 2,541 | |
295 | 411 | 641 | 767 | 805 | 1,108 | 2,511 | 4,378 | 4,529 | 7,674 | |
Total Liabilities | 974 | 1,139 | 1,803 | 2,367 | 2,209 | 2,190 | 4,814 | 7,220 | 7,478 | 13,254 |
121 | 122 | 123 | 116 | 134 | 124 | 115 | 152 | 187 | 409 | |
CWIP | 1 | 3 | 1 | 0 | 1 | 2 | 0 | 12 | 62 | 0 |
Investments | 0 | 0 | 50 | 6 | 15 | 35 | 6 | 19 | 109 | 0 |
852 | 1,014 | 1,630 | 2,246 | 2,059 | 2,029 | 4,693 | 7,037 | 7,120 | 12,844 | |
Total Assets | 974 | 1,139 | 1,803 | 2,367 | 2,209 | 2,190 | 4,814 | 7,220 | 7,478 | 13,254 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
11 | -77 | -210 | -309 | 643 | -1,199 | 558 | 803 | -330 | ||
-7 | -13 | -50 | 47 | -28 | 25 | -52 | -185 | -91 | ||
2 | 40 | 350 | 239 | -449 | 894 | -165 | -907 | 1,331 | ||
Net Cash Flow | 5 | -51 | 91 | -23 | 166 | -280 | 340 | -289 | 910 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 218 | 361 | 712 | 75 | 101 | 19 | 64 | 90 | 46 | 42 |
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 218 | 361 | 712 | 75 | 101 | 19 | 64 | 90 | 46 | 42 |
Working Capital Days | 122 | 119 | 289 | 244 | 127 | -380 | -235 | -569 | -474 | -536 |
ROCE % | 12% | 11% | 18% | 13% | 14% | 27% | 35% | 44% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Change in Management 1d
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Filing of the transcript of earnings call with analysts and investor under regulation 30 of SEBI Listing Obligation and Disclosure Requirements) Regulations, 2015.
- Intimation Of Grant Of Options Under Angel Broking Employee Long Term Incentive Plan 2021 18 Apr
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 18 Apr
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Apr
Annual reports
Concalls
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Apr 2024Transcript PPT
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Apr 2021TranscriptNotesPPT
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Apr 2021Transcript PPT
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Feb 2021Transcript PPT
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Dec 2020TranscriptPPT
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Nov 2020Transcript PPT
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]