Capital Markets company Angel One announced Q4FY26 results Consolidated Total Gross Revenues: Rs 14,672 million in Q4FY26 vs Rs 13,377 million in Q3FY26, a growth of 9.7% on QoQ basis. Consolidated EBDAT: Reported EBDAT of Rs 4,728 million in Q4FY26 vs Rs 4,050 million in Q3FY26, a growth of 16.7% on QoQ basis. Reported EBDAT Margin (as % of Total Net Income) stood at 41.7% in Q4FY26 vs 39.4% in Q3FY26. EBDAT (Broking & Distribution (MF + Credit) Businesses) at Rs 4,996 million in Q4FY26 vs Rs 4,336 million in Q3FY26, a growth of 15.2% QoQ. EBDAT Margin (Broking & Distribution (MF + Credit) Businesses) stood at 44.6% in Q4FY26 vs 43.0% in Q3FY26. Consolidated Profit After Tax: Reported PAT of Rs 3,202 million in Q4FY26 vs Rs 2,687 million in Q3FY26, a growth of 19.2% on QoQ basis. Reported PAT (Broking & Distribution (MF + Credit) Businesses) at Rs 3,514 million in Q4FY26 vs Rs 3,010 million in Q3FY26, a growth of 16.7% QoQ Broking: Average Client Funding Book remained stable at Rs 58.5 bn in Q4FY26 Non-Broking: Unique SIPs registered in Q4FY26: 2.1 million. Credit disbursal in Q4FY26 came in at Rs 6.1 bn, a de-growth of 14.7% QoQ Wealth Management: AUM stood at Rs 100.8 billion as of March 2026, up 22.7% QoQ. The client base expanded to over 1,900 clients Asset Management: Launched 2 new schemes in Q4FY26, taking the total number of schemes to 11. AUM stood at Rs 3.6 billion as of March 2026. Dinesh Thakkar, Chairman & Managing Director, said: “India’s financial participation continues to deepen, driven by rising financial awareness, a young population entering formal markets at scale and strong adoption of digital platforms. Angel One is proactively aligning to this shift through disciplined execution, strengthening its core business while scaling new growth engines. Business performance for the quarter reflected an improvement in client activity, average daily orders and operating margins returning to our guided range, reinforcing our confidence in the structural drivers of the core business. Early progress across new businesses is helping us to expand our ecosystem, deepening client relationships and support our long-term platform strategy. Our ambition is to build a unified, technology-led financial platform that supports the entire lifecycle of our clients — from investing to wealth creation and access to credit solutions. Looking ahead, we are well positioned to participate at scale in the next phase of growth in India’s financial services market, driven by both increasing participation and deeper engagement.” Ambarish Kenghe, Group CEO, said: “Q4FY26 marked a very strong overall performance with our gross revenues growing by ~39% YoY, EBDAT margin expanding to ~42% and Profit after Tax increasing by 83% YoY to Rs 3.2 billion, driven by normalisation of client activity. Average daily orders scaled from a low of 5.0 million in February ’25 to 7.4 million in March ’26, thus taking the aggregate order count to 431 million for the quarter, marking a six-quarter high, reflecting resilient performance despite a softer macro environment. FY26 was a defining year for us as we focused on adopting AI to build efficiencies, both for the client and the organisation. During the quarter we elevated Ask Angel into a conversational AI-driven assistant, helping clients resolve queries, explore IPOs and access stock insights. AI is increasingly shaping how we build, with ~25% of the total committed code being AI generated today, reducing development timelines, hence improving time to market. AI is now embedded across multiple efficiency led initiatives, including grievance email and ticket automation, real time e-signature validation, internal data analyst agent and onboarding KYC face match, etc. enhancing overall client experience on the platform. Our emerging businesses continues to grow with discipline. Credit, Mutual Funds, Wealth and Asset Management—are scaling steadily, supported by increasing adoption from clients. Wealth management, in particular, continues to show strong momentum with AUM reaching ~Rs 101 billion, a 23% QoQ growth. Here too, AI is playing an important role, 80% of Ionic Wealth’s codebase is AI-generated, accelerating development and enabling faster innovation. Our focus remains on disciplined execution, technology leadership and earning client trust. Our foundations are strong, our capabilities are compounding and we remain well positioned to create long term sustainable value.” Result PDF