Angel One

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• DebtHigh safetyRated AA- by ICRA.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 19% and profit rose 58% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 29% of the company, about the same as in Sep 2025.
• ValuationNormal for this stockThe share trades at 23.1 times its yearly earnings (P/E), pricier than 64% of the time in the last 5 years. Its usual P/E is about 22.

Angel One against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)23.1 against a typical 20.3: pricier than most peers (1st = cheapest).25th of 42
• Sales growth+18.7% against a typical +18.8% from a year earlier.22nd of 41
• Profit growth+58% against a typical +10% from a year earlier.7th of 35
• Share price, 3 months−3.3% against a typical −2.7%.22nd of 40
• Size₹ 25,524.5 Cr. market value against a typical ₹ 435.9 Cr. (1st = largest).5th of 39

Exchange filings and their impact on the company.

• 21 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactVery positivePrice −3.2% that day
  Record funding book and 58% PAT jump confirm operating leverage with 45% margin guidance intact.

  Angel One filed the transcript of its Q2 FY27 earnings call held on October 16, 2026. Revenue was Rs 14.3 billion up 18.9% YoY and PAT was Rs 3.35 billion up 58% YoY, with standalone operating margin at 48.9% above its 40-45% range. Management highlighted a lifetime-high average client funding book of Rs 74.5 billion, 40 million clients, wealth AUM of Rs 160 billion and record credit distribution, and guided to around 45% standalone margins annually.

  Full analysisFiling
• 15 Oct 2026Outcome of Board MeetingLow impactPositivePrice −4.2% on 16 Oct
  Angel One approved Q2/H1 FY27 results and declared a Rs 1.40 second interim dividend.

  Angel One's board on October 15, 2026 approved the unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026. It also declared a second interim dividend for FY27 of Rs 1.40 per Re 1 share, with record date October 22, 2026 and payment on or before November 14, 2026. The payout of about Rs 127 crore is a modest cash return and does not change the operating outlook.

  Full analysisFiling
• 6 Oct 2026Monthly Business UpdatesLow impactPositivePrice +3.4% that day
  Record funding book and steady F&O share offset soft orders and slower client adds, pointing to modest growth ahead.

  Angel One reported September and Q2 FY27 operating numbers with client base at 39.98 million, up 17.3% year-on-year, and average client funding book at a record Rs 78.71 billion in September, up 41.7%. Q2 orders were up 1.7% year-on-year but down 9.8% sequentially, while cash market share slipped and commodity turnover doubled year-on-year but share fell as the market expanded. The strong funding book and steady equity-derivatives share should support modest revenue and profit growth over the next year, funded by higher borrowings.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Dinesh Dariyanumal Thakkar

Chairman of the Board, Managing Director

R. Ambarish Kenghe

Group Chief Executive Officer, Whole-Time Director

Vineet Agrawal

Group Chief Financial Officer

Naheed Rehan Patel

Compliance Officer, Company Secretary

Amit Pranab Kumar Majumdar

Whole-Time Director