Angel One Ltd
NSE: ANGELONE BSE: 543235Banking
Angel One Ltd is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking, institutional broking, providing margin trading facility, depository services and distribution of mutual funds, lending as a NBFC and corporate agents of insurance companies.[1]
₹303
52W: ₹209 — ₹335
PE 27 · Book ₹68.1 · +345% vs bookMarket Cap₹27,611 Cr
Stock P/E27Price to Earnings
ROCE15.6%Return on Capital
ROE17.3%Return on Equity
Div. Yield1.63%Face Value ₹1
Strengths
- +Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
- +Company's median sales growth is 26.6% of last 10 years
Weaknesses
- −Promoter holding has decreased over last 3 years: -9.68%
Shareholding Pattern
Promoters28.8%
FIIs12.81%
DIIs18.88%
Public39.52%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 35.63% | 35.61%▼0.0 | 35.57%▼0.0 | 35.55%▼0.0 | 28.97%▼6.6 | 28.92%▼0.0 | 28.87%▼0.1 | 28.8%▼0.1 |
| FIIs | 15.36% | 12.27%▼3.1 | 13.81%▲1.5 | 13.05%▼0.8 | 14.66%▲1.6 | 13.11%▼1.6 | 12.45%▼0.7 | 12.81%▲0.4 |
| DIIs | 14.03% | 12.73%▼1.3 | 14.32%▲1.6 | 14.27%▼0.1 | 16.43%▲2.2 | 14.87%▼1.6 | 18.11%▲3.2 | 18.88%▲0.8 |
| Public | 34.99% | 39.39%▲4.4 | 36.28%▼3.1 | 37.12%▲0.8 | 39.93%▲2.8 | 43.11%▲3.2 | 40.57%▼2.5 | 39.52%▼1.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,054 | 1,347 | 1,394 | 1,501 | 1,246 | 1,031 | 1,117 | 1,179 | 1,314 | 1,444 |
| Expenses | 654 | 812 | 922 | 816 | 736 | 685 | 826 | 743 | 757 | 819 |
| Operating Profit | 400 | 535 | 473 | 685 | 510 | 347 | 291 | 436 | 557 | 625 |
| OPM % | 38% | 40% | 34% | 46% | 41% | 34% | 26% | 37% | 42% | 43% |
| Net Profit | 263 | 346 | 297 | 437 | 301 | 180 | 134 | 236 | 301 | 351 |
| EPS ₹ | 3.13 | 4.12 | 3.3 | 4.85 | 3.34 | 2 | 1.48 | 2.6 | 3.31 | 3.86 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹5,054Cr, down 2.3% YoY. OPM at 38%.
Debt Position
Borrowings at ₹7,938Cr. Debt-to-equity ratio: 1.30x. High leverage — monitor closely.
Institutional Flow
DIIs: 18.88% (+8.63pp change). FIIs: 12.81% (-4.23pp change). Promoters hold 28.8%.
Margin & Efficiency
ROCE improving from 0% (Mar 2016) to 16% (Mar 2026). Working capital days: -612.
Valuation
PE 27x with 15.6% ROCE. Price is 345% above book value of ₹68.1. Dividend yield: 1.63%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Change in Management 8 May - Angel One CPO Ankit Rastogi resigned on May 8, 2026; last working day is August 31, 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 6 May
- Announcement under Regulation 30 (LODR)-Monthly Business Updates 6 May - Angel One reported April 2026 client base 37.79 million, orders 135.75 million, and improved market share.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 30 Apr - Intimation of allotment of 11,39,549 Equity shares of Angel One Limited having a face value of Rs. 1 each pursuant to exercise under Angel Broking …
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 22 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse