sharesgurusharesguru
Account menu
sharesguru
ANGELONE

ANGELONE - ANGEL ONE LIMITED Share Price

Capital Markets

2552.60-89.40(-3.38%)
Market Closed as of Aug 8, 2025, 15:30 IST

Valuation

Market Cap23.11 kCr
Price/Earnings (Trailing)23.16
Price/Sales (Trailing)4.64
EV/EBITDA12.47
Price/Free Cashflow-11.5
MarketCap/EBT17
Enterprise Value22.35 kCr

Fundamentals

Revenue (TTM)4.98 kCr
Rev. Growth (Yr)-18.9%
Earnings (TTM)993.82 Cr
Earnings Growth (Yr)-60.9%

Profitability

Operating Margin27%
EBT Margin27%
Return on Equity17.62%
Return on Assets5.88%
Free Cashflow Yield-8.7%

Price to Sales Ratio

Latest reported: 5

Revenue (Last 12 mths)

Latest reported: 5 kCr

Net Income (Last 12 mths)

Latest reported: 994 Cr

Growth & Returns

Price Change 1W-0.70%
Price Change 1M-6.7%
Price Change 6M5.8%
Price Change 1Y18.7%
3Y Cumulative Return25.6%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-340.82 Cr
Cash Flow from Operations (TTM)-1.86 kCr
Cash Flow from Financing (TTM)1.92 kCr
Cash & Equivalents759.22 Cr
Free Cash Flow (TTM)-2.01 kCr
Free Cash Flow/Share (TTM)-221.98

Balance Sheet

Total Assets16.89 kCr
Total Liabilities11.25 kCr
Shareholder Equity5.64 kCr
Net PPE420.43 Cr
Inventory0.00
Goodwill0.00

Capital Structure & Leverage

Debt Ratio0.00
Debt/Equity0.00
Interest Coverage3.22
Interest/Cashflow Ops-4.77

Dividend & Shareholder Returns

Dividend/Share (TTM)48
Dividend Yield1.88%
Shares Dilution (1Y)0.50%
Shares Dilution (3Y)9%

Risk & Volatility

Max Drawdown-18.2%
Drawdown Prob. (30d, 5Y)64.45%
Risk Level (5Y)43.6%
Pros

Past Returns: Outperforming stock! In past three years, the stock has provided 25.6% return compared to 11.6% by NIFTY 50.

Profitability: Very strong Profitability. One year profit margin are 20%.

Balance Sheet: Reasonably good balance sheet.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Size: Market Cap wise it is among the top 20% companies of india.

Cons

Technicals: SharesGuru indicator is Bearish.

Momentum: Stock is suffering a negative price momentum. Stock is down -6.7% in last 30 days.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield1.88%
Dividend/Share (TTM)48
Shares Dilution (1Y)0.50%
Earnings/Share (TTM)110.22

Financial Health

Debt/Equity0.00

Technical Indicators

RSI (14d)38.29
RSI (5d)45.99
RSI (21d)39.89
MACD SignalBuy
Stochastic Oscillator SignalBuy
Grufity SignalSell
RSI SignalHold
RSI5 SignalHold
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from ANGEL ONE

Summary of ANGEL ONE's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

The management of Angel One shared an optimistic outlook during the Q1 FY '26 earnings call, highlighting the vast growth potential in India's financial services landscape. Key forward-looking points included:

  1. Demographics and Market Penetration: Only about 115 million unique PAN holders have a demat account, indicative of the untapped market. The current mutual fund Assets Under Management (AUM) is less than 20% of GDP, and insurance penetration remains low compared to global standards.

  2. Client Acquisition and Market Share: The company highlighted its strategy to maintain and consolidate market share, particularly focusing on Tier 2 and 3 cities where 90% of new clients are sourced. This positions Angel One well to capitalize on the increasing wealth among India's younger population.

  3. SIP Contributions: The industry saw SIP inflows of over Rs.270 billion monthly, with Angel One being the second-largest contributor to new SIP registrations.

  4. Credit Business Expansion: The company aims to build its credit portfolio, having distributed Rs.2.3 billion in credit this quarter, with cumulative disbursements reaching Rs.9.3 billion within a year of launch.

  5. Technological Integration: Angel One continues to invest in AI and machine learning, enhancing client engagement and operational efficiency. This includes AI-powered nudges and predictive models.

  6. Performance Metrics: In Q1 FY '26, the firm added 1.5 million clients, with a 16.3% market share in total demat accounts and 21.7% in new acquisitions. Net revenues increased to Rs.8.9 billion, reflecting a 7.3% quarter-on-quarter growth, while the total client funding book reached Rs.48 billion.

  7. Long-Term Vision: Management reiterated its goal to become India's most trusted fintech brand, emphasizing a multi-product strategy that spans broking, credit, mutual funds, and asset management, all geared towards enhancing client experience.

These points underscore Angel One's strategic focus on technological advancement, market penetration, and client engagement as it navigates the evolving financial landscape.

Last updated:

Q1 FY '26 Earnings Call - Major Q&A Summary:

  1. Swarnabha Mukherjee: "What are your thoughts on the current trend in orders and client acquisition? Has the payback period changed or extended?"

    Answer: We've seen 7%-8% revenue growth this quarter. While FIIs were absent last year, we believe returning retail activity will support market momentum. Our OPM is expected to normalize by Q4. Regarding client acquisition costs, it remains consistent; we focus on revenue justification. New businesses may impact margins by 2%-2.5% until they reach breakeven.

  2. Prayesh Jain: "What are the revenues for your wealth and AMC businesses? Also, how do you foresee the effective tax rate going forward?"

    Answer: The wealth distribution contributes 3% to total revenue, but asset management and wealth revenues are mixed in commissions and interest income. As for the effective tax rate, it's higher this quarter (around 30%) due to losses from some businesses and CSR impacts. We expect it to stabilize as these businesses grow.

  3. Nidhesh Jain: "Can you share customer economics and retention rates for wealth AUM? Also, what's the budget for ESOP expenses?"

    Answer: Customer acquisition costs remain stable. Our LTV to CAC is still 6x, but we'll reassess this after several quarters. Regarding retention on wealth AUM, we currently don't disclose specifics but align with market norms. For ESOPs, future expenses are projected around Rs.55 crores per quarter.

  4. Pradyumna Choudhary: "How do you see F&O market share evolving in the upcoming months?"

    Answer: We maintain market share through increased customer acquisition. Overall retail growth for F&O remains robust, but we expect gradual share gains as volumes increase. Market behavior is influenced by external factors, and while we anticipate a recovery, we don't foresee direct impacts from fluctuations like the Jane Street incident.

  5. Raj Vyas: "What is the reason behind declining promoter shareholding?"

    Answer: The decrease is due to professionals taking charge and the allocation of ESOPs, which dilutes promoter holdings. Some promoters have also declassified themselves as such. No shares have been sold in the market.

These responses were crafted to provide detailed answers while adhering to the character limit specified.

Share Holdings

Understand ANGEL ONE ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
Dinesh Dariyanumal Thakkar18.52%
Nirwan Monetary Services Pvt Ltd6.7%
Mukesh Ramanlal Gandhi5.07%
Nippon Life India Trustee Ltd-A/C Nippon India Growth Fund4.24%
Deepak Tarachand Thakkar2.97%
Ashok Daryanimal Thakkar2.87%
Lalit Tarachand Thakkar2.75%
Rahul Lalit Thakkar2.38%
Bharat C Shah2.36%
Anuradha Lalit Thakkar2.32%
Nishith Jitendra Shah2.21%
Bofa Securities Europe Sa - Odi2.15%
Bela Mukesh Gandhi2.13%
Motilal Oswal Large And Midcap Fund1.95%
Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Flexi Cap Fund1.71%
Goldman Sachs Funds - Goldman Sachs India Equity Portfolio1.21%
Dinesh D Thakkar Huf0.68%
Bhagwani Tarachand Thakkar0.09%
Tarachand Daryanumal Thakker0.09%
Kanta Dinesh Thakkar0.01%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is ANGEL ONE Better than it's peers?

Detailed comparison of ANGEL ONE against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
MOTILALOFSMotilal Oswal Financial Services54.29 kCr8.8 kCr-2.10%+52.00%19.486.17--
GEOJITFSLGeojit Financial Services2 kCr721.44 Cr-15.50%-34.70%12.472.78--
SMCGLOBALSMC Global Securities1.45 kCr1.76 kCr-9.80%-4.60%11.810.82--
5PAISA5paisa Capital1.15 kCr335.34 Cr-10.60%-20.40%19.313.44--

Sector Comparison: ANGELONE vs Capital Markets

Comprehensive comparison against sector averages

Comparative Metrics

ANGELONE metrics compared to Capital

CategoryANGELONECapital
PE23.1618.05
PS4.644.73
Growth2.1 %6.7 %
33% metrics above sector average

Performance Comparison

ANGELONE vs Capital (2021 - 2025)

Although ANGELONE is underperforming relative to the broader Capital sector, it has achieved a 36.9% year-over-year increase.

Key Insights
  • 1. ANGELONE is among the Top 5 Stockbroking & Allied companies by market cap.
  • 2. The company holds a market share of 14.1% in Stockbroking & Allied.
  • 3. In last one year, the company has had a below average growth that other Stockbroking & Allied companies.

Income Statement for ANGEL ONE

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Balance Sheet for ANGEL ONE

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Cash Flow for ANGEL ONE

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

What does ANGEL ONE LIMITED do?

ANGEL ONE is a dynamic Stockbroking & Allied company listed under the ticker ANGELONE, with a market capitalization of Rs. 21,246.8 Crores.

The company offers a wide range of services including broking and advisory services, margin funding, and loans against shares. It caters to clients across India through several segments:

  • Broking and Related Services
  • Finance and Investing Activities
  • Health and Allied Fitness Activities

ANGEL ONE leverages online and digital platforms to provide broking services and features a diverse array of financial products, including equity, commodities, derivatives, and currency derivatives.

Clients can also access portfolio management, investment advisory, and several trading services like intraday trading, trading accounts, and DEMAT accounts. Additionally, the company has ventured into financing, investment activities, and operates fitness centers.

Previously known as Angel Broking Limited, the company rebranded to Angel One Limited in September 2021. Established in 1996 and based in Mumbai, India, ANGEL ONE reported a trailing 12 months revenue of Rs. 5,548.4 Crores.

The company is also known for returning value to its investors, with a dividend yield of 0.93% per year. In the last 12 months, it distributed a dividend of Rs. 22 per share. However, it's important to note that ANGEL ONE has diluted shareholder stakes in recent years by approximately 9%.

Despite this, the company remains profitable, posting a profit of Rs. 1,337.5 Crores over the last four quarters, and has demonstrated impressive revenue growth of 172.2% in the past three years.

Industry Group:Capital Markets
Employees:3,650
Website:www.angelone.in