1. India Stocks

  2. •

    Financial Services

  3. •

    Financial - Capital Markets
Angel One Limited

Angel One Limited

ANGELONE.NS
Angel One LimitedIN flagNational Stock Exchange of India
339.30
INR
+4.55
- -
30.84BMarket Cap
Angel One Limited
ANGELONE.NS
(National Stock Exchange of India)

Recent

price

341.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
6.12
7.36
9.99
9.87
9.32
14.8
24.21
29.7
40.51
47.13
47.48
43.23
Revenue per Share
0.44
0.43
1.49
1.11
1.14
3.86
7.57
10.69
13.42
13
10.09
7.76
Basic EPS, GAAP
-1.28
-3.09
-4.21
9.67
8.75
-15.77
5.91
8.29
-6.41
-22.45
-46.57
- -
Free Cash Flow per Basic Share
- -
0.14
0.27
0.27
0.27
0.55
2.53
4.51
3.87
2.2
4.9
- -
Dividend per Share
0.2
0.2
4.89
5.66
6.45
9.46
13.85
19.88
29.27
38.06
41.27
41.27
Book Value per Share
5.03
5.28
6.45
7.27
8.11
14.63
18.98
25.56
35.64
62.02
67.11
67.11
Tangible Book Value per Share
721
721
721
721
721
769
825
833
839
901
907
907
Basic Weighted Avg Shares
4,407
5,307
7,195
7,112
6,718
11,382
19,979
24,732
33,970
42,476
43,054
39,198
Sales/Revenue/Turnover
16.58
16.57
29.12
20.45
20.25
34.71
39.08
40.54
33.58
26.46
20.61
33.09
Operating Margin (%)
130
135
204
200
221
189
189
305
500
1,034
1,250
943
Depreciation Expense
317
310
1,071
798
823
2,969
6,248
8,900
11,255
11,721
9,151
7,034
Net Income, GAAP
37.93
33.9
31.4
34.94
26.92
27.51
25.3
25.31
25.64
26.37
28.04
28.06
Effective Tax Rate (%)
7.2
5.84
14.88
11.22
12.26
26.08
31.27
35.98
33.13
27.59
21.25
17.94
Profit Margin (%)
2,533
2,740
3,473
3,267
2,005
9,863
13,113
18,713
25,759
7,849
39,885
39,885
Working Capital
88
77
475
213
133
38
11
25
36
202
217
217
LT Debt
3,693
3,894
4,736
5,314
5,914
11,310
15,844
21,616
30,386
56,391
61,489
61,489
Total Equity
- -
6.16
10.38
6.29
8.01
16.87
22.63
25.83
19.88
11.31
5.51
8.06
Return on Invested Capital (%)
- -
11.47
14.95
8.76
10.31
22.67
31.43
38.89
32.42
22.86
12.97
10.23
Return on Capital (%)
- -
215.91
58.38
21
18.87
49.77
66.81
63.62
54.77
39.83
25.52
19.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
79,297
LT Borrowings
- -
- -
4
LT Finance Leases
- -
- -
213
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
907
- -
911
Market Capitalization
1,926,891
2,122,255
206,319

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
216,553
Cash, Cash Equivalents & STI
- -
- -
159,818
Accounts Receivable, Net
- -
- -
4,345
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
176,668
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
79,297
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.35%
42.34%
9.04%
Free Cash Flow
-34.5%
21.72%
108.65%
Net Income, GAAP
64.28%
32.32%
-21.93%
Sales/Revenue/Turnover
28.18%
32.62%
1.36%
Total Cash Common Dividend
- -
108.15%
123.69%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,055
10,461
10,570
13,565
33,970
2025
14,024
15,090
12,546
10,488
42,476
2026
11,344
- -
13,304
14,550
43,054

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.64
3.63
3.1
4.05
13.42
2025
3.25
4.7
3.12
1.93
13
2026
1.27
- -
2.96
3.52
10.09

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.87
2025
- -
- -
- -
- -
2.2
2026
- -
- -
- -
- -
4.9
Similar Companies
Lion Financial Group Limited (LGHLW)
Raymond James Financial, Inc. (RJF-PA)
Raymond James Financial, Inc. (0KU1.L)
Euroland Corporate S.A. (MLERO.PA)
Currency Exchange International, Corp. (CURN)
Flow Traders Ltd. (FLTLF)
Business
Angel One Limited, formerly Angel Broking Limited, provides broking and advisory services, margin trading facilities, depository services, research services, investment education, and distribution of third-party financial products including mutual funds, unsecured loans, motor insurance, fixed deposits, and wealth management offerings to retail and institutional clients primarily in India. The company operates across equity, derivatives, commodities, and currency segments through its technology-driven platform, offering features such as algorithmic trading, smart orders, real-time charting, zero brokerage on equity delivery trades, and AI-powered tools like the Ask Angel chatbot; it is a member of the Bombay Stock Exchange, National Stock Exchange, National Commodity & Derivatives Exchange, Multi Commodity Exchange, and a depository participant with Central Depository Services Limited. Founded in 1996 and headquartered in Mumbai, Maharashtra, Angel One serves over 35 million registered clients, with a focus on Gen Z and millennial investors in Tier 2 and Tier 3 cities, while expanding internationally and maintaining strong market shares in equity (20.6%), futures and options (21.8%), and commodities turnover. Recent developments include surpassing 30 million clients in early 2025 with 47.5% year-over-year growth, launching two new asset management schemes in Q2 FY26 to reach seven total offerings with assets under management of Rs 4.0 billion, establishing a branch in GIFT City for new growth avenues, enhancing client funding book to Rs 59.50 billion as of November 2025, and integrating AI for operational efficiency amid robust client base expansion to 35.08 million.