Capital Markets company Angel One announced Q1FY26 results Consolidated Total Net Revenues Rs 8,913 million in Q1FY26 vs Rs 8,308 million in Q4FY25 , a growth of 7.3% on QoQ basis. Consolidated EBDAT: Reported EBDAT of Rs 1,944 million in Q1FY26 vs Rs 2,643 million in Q4FY25, a de-growth of 26.5% on QoQ basis. Reported EBDAT Margin (as % of Total Net Income) stood at 21.8% in Q1FY26. Adjusted EBDAT at Rs 3,061 million in Q1FY26 vs Rs 2,346 in Q4FY25, a growth of 30.5% QoQ. Adjusted EBDAT Margin stood at 34.3% in Q1FY26 vs 28.2% in Q4FY25. Consolidated Profit After Tax: Reported PAT of Rs 1,145 million in Q1FY26 vs Rs 1,745 million in Q4FY25, a de-growth of 34.4% on QoQ basis. Adjusted PAT at Rs 1,922 million in Q1FY26 vs Rs 1,525 in Q4FY25, a growth of 26.0% QoQ. Broking: Client Funding Book reached an all time high of Rs 48 billion as of June 2025. Non-Broking: Unique SIPsregistered grew by 0.9% QoQ to 1.9 million. Credit disbursal increased by 123.6% QoQ to Rs 2.3 billion. Wealth Management: AUM increased by 33.6% QoQ to Rs 50.7 billion as of June 2025. Client base expanded to over 1,000. Asset Management: Launched 2 new schemes in Q1FY26, taking the total count to 5 schemes. AUM as of June 2025 stood at Rs 3.4 billion. Dinesh Thakkar, Chairman & Managing Director, said: “India is at the cusp of a financial revolution, with digital adoption accelerating and vast sections still underserved. At Angel One, we are using technology, data and AI to bridge the gap, creating smarter and more inclusive access to financial services. Our product-agnostic fintech platform already addresses the full spectrum of client needs, from investing and borrowing to protecting and planning, through one seamless, trusted experience. With the next wave of growth coming from beyond Tier 1 cities, the opportunity for inclusive impact is both vast and urgent. Powered by data and platform intelligence, our focus remains on delivering low-cost, high-engagement services at scale, strengthening our position as India’s most client-centric, technology-driven fintech platform. We are building Angel One to grow with every client’s financial journey – intelligent, responsive and designed to empower a billion lives.” Ambarish Kenghe, Group CEO, said: “Angel One’s platform continues to deliver healthy performance in a dynamic business environment. This quarter we added over 1.5 million clients and maintained a stable market shares of 15.3% in NSE active clients and 19.7% in overall retail equity turnover, a testament to the resilience and scalability of our model. We are embedding intelligence across every layer of our operations, harnessing the power of data, AI and advanced analytics to deliver more meaningful engagement, improve retention and drive greater efficiency across the ecosystem. These capabilities are enabling us to deepen client relationships, unlock higher lifetime value and sustained operating leverage, even as we diversify revenues through credit, wealth and asset management verticals that are scaling steadily. Our brand investments, including IPL and other high-visibility digital campaigns, are building trust, credibility and recall at scale, laying a strong foundation for broader adoption and cross-sell our expanding product suite. As we grow, our focus remains on disciplined execution, innovation and staying ahead of evolving client needs. We are confident that our intelligent, data driven platform will continue to compound value, strengthen our leadership position and take us closer to our vision of being India’s most trusted fintech platform, empowering a billion lives through the power of data and technology.” Result PDF
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.