Capital Markets company Angel One announced Q4FY25 results Total Income: Rs 10,578 million compared to Rs 12,638 million during Q3FY25, change -16%. EBDAT: Rs 2,643 million compared to Rs 4,140 million during Q3FY25, change -36%. PAT: Rs 1,746 million compared to Rs 2,815 million during Q3FY25, change -38%. Client Addition & Client Base: 1.6 mn clients added in Q4FY25, a de-growth of 22.4% on QoQ basis. Client base stood at 31.0 million, a growth of 5.1% on QoQ basis Average Daily Turnover (ADTO): On notional basis: Rs 32.1 trillion in Q4FY25 vs Rs 40.0 trillion in Q3FY25 , a de-growth of 19.7% on QoQ basis. On premium basis (for equity option segment): Rs 850 billion in Q4FY25 vs Rs 854 billion in Q3FY25, a de-growth of 0.4% on QoQ basis Dividend: The Board of Directors has recommended final dividend of Rs 26/- per equity share of Rs 10/- each Dinesh Thakkar, Chairman & Managing Director, said: “FY25 was a transformative year for India’s Capital Markets, as the industry witnessed some headwinds from the implementation of F&O; regulations alongside a volatile geopolitical backdrop. Despite this, we are proud to close FY25 with a total gross income and profit after tax of Rs 52 billion and approximately Rs 12 billion respectively. This performance highlights the resilience of our business and the long-term value we are creating. Our strategic focus on sustainable growth has yielded impressive results, including a record 9.3 million client acquisitions, expanding our client base to over 31 million. We remain deeply committed to driving growth through investments in client acquisition, business expansion and brand development. Our Super App has proven to be a key enabler to capture a greater wallet share from each client, positioning us for continued success. As we look to the future, we see great potential in the market. We are confident that the regulatory interventions will ultimately contribute to a more efficient, transparent and sustainable ecosystem. In line with our dividend policy, the Board of Directors has approved a final dividend of Rs 26 per share, reflecting our dedication to creating value for our shareholders. The progress we have made in FY25 strengthens our optimism for the tremendous growth opportunities ahead.” Ambarish Kenghe, Group CEO, said: “As we reflect on FY25, I am filled with immense pride and optimism about the path ahead. Despite a challenging macroeconomic landscape, our business has not only remained resilient but has also reached unprecedented milestones. This year, we achieved our lifetime best in client acquisitions, expanded our client base to new heights, executed more orders than ever before, and delivered our highest annual net income and profit. Our ability to protect our market share in key areas like demat accounts, incremental additions, active clients on NSE, and overall turnover is a clear reflection of the trust our clients place in us, as well as our unwavering focus on strong execution and delivering value in a dynamic environment. Looking forward, we are incredibly excited about the opportunities within the fintech industry and remain confident in the strength of our business fundamentals. As we continue to position ourselves as India’s most trusted and admired fintech company, our commitment to delivering superior client experiences remains at the forefront. Through our digital-first products and a relentless focus on innovation, we will leverage cutting-edge technologies like AI and ML to personalize and enhance client experiences, allowing us to better meet the evolving needs of our users. At Angel One, we are committed to sustainable growth, maintaining profitability, and serving our clients with excellence every step of the way. The journey ahead is filled with remarkable potential, and we are ready to seize it.” Result PDF
Conference Call with Angel One Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Capital Markets company Angel One announced Q3FY25 results Consolidated Total Gross Revenues: Rs 12,638 million in Q3FY25 vs Rs 15,160 million in Q2FY25 , a de-growth of16.6% on QoQ basis. Consolidated EBDAT: Rs 4,140 million in Q3FY25 vs Rs 5,977 million in Q2FY25, a de-growth of 30.7% on QoQ basis. Reported EBDAT. Margin (as % of Total Net Income) stood at 42.0% in Q3FY25. Consolidated Profit After Tax From Continuing Operations: Rs 2,815 million in Q3FY25 vs Rs 4,234 million in Q2FY25 , a de-growth of 33.5% on QoQ basis. Dividend: The Board of Directors have recommended dividend of Rs. 11/- per equity share of Rs. 10/- each, equivalent to ~Rs 993 million, ~35.3% of consolidated profit after tax, for the quarter. Client Addition & Client Base: 2.1 million clients added in Q3FY25, a de-growth of 30.3% on QoQ basis. Client base stood at 29.5 million, a growth of 7.4% on QoQ basis. Average Daily Turnover (ADTO): On notional basis: Rs 40.0 trillion in Q3FY25 vs Rs 45.4 trillion in Q2FY25, a de-growth of 11.8% on QoQ basis. On premium basis (for equity option segment): Rs 850 billion in Q3FY25 vs Rs 871 billion in Q2FY25, a de-growth of 2.5% on QoQ basis Dinesh Thakkar, Chairman & Managing Director, said: “India’s capital market remains on a growth trajectory, reflecting increasing trust among retail investors. The evolving regulatory landscape has fostered greater client confidence, ensuring long-term retention and participation. While a few regulations introduced this quarter caused a temporary industry-wide impact, we are confident that our aggressive client acquisition strategy, coupled with the normalisation of client activity, will drive renewed growth momentum in the coming quarters. We continued to investin the SuperApp, which is becoming the preferred digital product for clients. This quarter, we launched the beta version of the insurance journey on the SuperApp, further strengthening our client relationships. We also secured regulatory approvals to launch our mutual fund and portfolio management services under Angel One Asset Management Ltd. and Angel One Wealth Ltd., respectively, advancing our transformation into a comprehensive non-banking financial services platform. Our focus remains on achieving sustainable growth while maintaining strong controls over unit economics. Our digital model enables economies of scale with superior LTVs, allowing us to sustain robust profitability metrics in a dynamic external environment. The Board of Directors has approved reinstating dividend distribution at 35% of the quarterly consolidated profits.” Result PDF
Conference Call with Angel One Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Capital Markets company Angel One announced Q2FY25 results: Financial Highlights: Total Income: Rs 15,160 million as compared to Rs 14,101 million in Q1FY25, 8% change. EBITDA: Rs 5,977 million, as compared to Rs 4,194 million in Q1FY25, 42% change. PAT: Rs 4,234 million, as compared to Rs 2,927 million in Q1FY25, 45% change. Commenting on Angel One’s performance, Dinesh Thakkar, Chairman & Managing Director said: “We are delighted to announce that Q2FY25 has marked a historic quarter for us, as we have achieved our best-ever performance across financial and operational metrics. With a 19.3% share in overall retail equity turnover, we continue to report an improvement in market share across all segments. Our sustained focus on growth, client satisfaction and technological advancements is helping us maintain our position as a leading player in India’s evolving financial ecosystem. I am happy to share that we went live with the distribution of credit products and fixed deposits on our platform. We continue to witness growing offtake of mutual funds through our platform. The successful adoption of newer products on the Super App will further increase wallet share and improve the LTV. We continue to invest the building blocks of wealth management, as we further expand the team and our presence across different cities. The expanding suite of products, from equity broking to distribution of third-party financial products, showcases the evolution of our Super App and its advanced capabilities. As we keep enhancing our product offerings, we are steadily becoming more capable of fulfilling all our client’s financial needs and empowering them to close their financial lifecycle loop within the platform.” Result PDF