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
Conference Call with Angel One Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Capital Markets company Angel One announced Q1FY25 results: Financial Highlights: Consolidated Total Gross Revenues: Rs 14,101 million in Q1FY25 vs Rs 13,585 million in Q4FY24, a growth of 3.8% on QoQ basis Consolidated EBDAT: Rs 4,194 million in Q1FY25 vs Rs 4,755 million in Q4FY24, a de-growth of 11.8% on QoQ basis Reported EBDAT Margin (as % of Total Net Income) stood at 37.7% in Q1FY25 Normalised EBDAT Margin (as % of Total Net Income) stood at 48.0% in Q1FY25, normalised for IPL related spends Business Highlights: Client Addition & Client Base: 2.6 million clients added in Q1FY25, a de-growth of 10.5% on QoQ basis Client base stood at 24.7 million, a growth of 11.2% on QoQ basis Average Daily Turnover (ADTO): On notional basis: Rs 43.8 trillion in Q1FY25 vs Rs 44.4 trillion in Q4FY24, a de-growth of 1.3% on QoQ basis On premium basis (for equity option segment): Rs 748 billion in Q1FY25 vs Rs 657 billion in Q4FY24, a growth of 13.8% on QoQ basis Result PDF