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Earnings Call

Angel One Earnings Call: Key Takeaways

Angel One Q4 FY26 earnings call highlighting record 431M quarterly orders, 20.4% retail equity turnover share, and expansion into wealth/credit.

Why this was an Alfa AlertAchieved normalized EBDAT margin of 44.4% vs previous guidance of 40% exit rate on broking business.
Highlights
Revenue growth9.7% QoQ gross income growth to ₹14.7 billion.
MarginsNormalized EBDAT margin expanded 498 bps QoQ to 44.4%.
Order bookAggregate order count reached 431 million for the quarter.
Demand visibilityStrong average daily orders recovery to 7.4 million in March.
Management confidenceHigh; citing structural shift in Indian financial services adoption.

Growth

Gross income grew 9.7% QoQ to ₹14.7bn; PAT rose 19.2% QoQ to ₹3.2bn.

Outlook

Projected capital infusion of ₹1.5bn each for wealth and NBFC; guiding for >45% broking margins.

Risks

Geopolitical trade tariffs, market volatility, and regulatory changes in F&O impact client engagement.

Source

Earnings Call filed with NSE, NSE: ANGELONE. Summary written with AI assistance from the document.

Read the document ↗

Angel One Ltd: key numbers

Share price
₹279.20
Market cap
₹25,520 Cr
Revenue (annual)
₹5,137 Cr
Net profit (annual)
₹915.1 Cr
P/E (TTM)
24.7×Sector 21.7×
Promoter holding
28.59%-0.21% QoQ
FII holding
13.76%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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11:51 IST BSE
Employee Stock Options

Angel One Employee Stock Options

Angel One Limited allotted 5,58,270 equity shares under its Employee Long Term Incentive Plan 2021. This increases the company's paid-up capital to Rs. 91,45,94,776.

18:24 IST BSE
Board Meeting Date

Angel One Board Meeting Date

Angel One Limited has scheduled a Board Meeting on October 15, 2026, to approve quarterly financial results and will host an earnings call on October 16, 2026.

16:33 IST BSE
Capital Structure Change

Angel One Capital Structure Change

Nippon India Mutual Fund sold 9,99,556 shares of Angel One Ltd via open market transactions between April 2021 and September 2026.

Execution
April 08, 2021 to September 02, 2026
07:30 IST BSE
Business Update

Angel One Business Update

Angel One released its monthly business updates for August 2026, reporting growth in its client base and SIP registrations alongside shifts in trading turnover metrics.

12:59 IST BSE
Employee Stock Options

Angel One Employee Stock Options

Angel One Limited has allotted 3,49,058 equity shares to employees under its 2021 Long Term Incentive Plan. This increases the company's total paid-up capital to 91.40 crore shares.

14:38 IST NSE
Debt & Borrowing

Angel One Debt & Borrowing: ₹2.18 Cr

Angel One Limited has made a timely interest payment of ₹2.18 Crore on its Non-Convertible Debentures. The payment pertains to a ₹50 Crore NCD issue.

Value
₹2.18 Cr