Sign in to fuzzto save your conversations, follow your research and come back anytime.
Angel One
SectorFinancial Services
In the news
Angel One Q2 Results: Net Profit Surges 58.2% YoY, Declares ₹1.40 Dividend
Embassy Developments rallies 8% on ₹711 cr Juhu tower sale to Angel One
Trade Spotlight: 34 stocks for September 25 with updated brokerage targets
7 stocks experts recommend for short-term gains amid market volatility
Angel One Stock Surges 8% as SEBI Reviews CAS Mechanism
BEML shares rise 2% after securing ₹180 crore Vande Bharat order
Angel One Derivatives Drop May Be Temporary, Says Investec
Groww's Strategic Diversification Amid FY26 Market Volatility
The Quarter story
The two most recent quarterly results, compared side-by-side.
Wealth management and client funding drive steady revenue growth, while operational margins face short-term pressure amid rising expenses.
Wealth Management AUM grew from ₹50.7 in Q1 FY26 to ₹134.4 in Q1 FY27, reflecting strong asset gathering.
Demat market share fell from 22% in Q1 FY26 to 16.7% in Q1 FY27, signaling competitive pressure in account openings.
F&O retail turnover market share rose from 21.0% in Q1 FY26 to 22.2% in Q1 FY27, confirming growing derivatives engagement.
Total expenses rose from ₹9,787 in Q1 FY26 to ₹11,090 in Q1 FY27, weighing on short-term profitability.
Client funding book expanded from ₹47,876 in Q1 FY26 to ₹71,525 in Q1 FY27, indicating stronger client leverage.
Borrowings climbed from ₹35,689 in Q1 FY26 to ₹63,637 in Q1 FY27, requiring careful debt management.
Normalised EBDAT margin improved from 34.3% in Q1 FY26 to 43.6% in Q1 FY27, showing steady operational efficiency.
Assisted business dropped from 24% in Q1 FY26 to 22% in Q3 FY26, reflecting a continued shift toward digital trading.
Digital transaction value jumped from 103.5 in Q3 FY26 to 10,196 in Q1 FY27, highlighting rapid platform adoption.
Reported EBDAT margin fell from 41.7% in Q4 FY26 to 32.7% in Q1 FY27, indicating temporary profitability pressure.
Company insights, generated from the most recent coverage.
Second interim dividend of ₹1.40 per share declared with October 22 record date — capital return is becoming a bigger part of the shareholder story while organic growth decelerates.
Broker stance stayed constructive into Q2 — Motilal Oswal Buy ₹420, Citi Buy ₹380, Investec Buy ₹350, consensus near ₹355 versus a ₹302 price — but post-result revisions are the swing factor for this re-rating.
Stock fell 3.3% to ₹302.60 on 1.20 crore shares, roughly 2.4x the one-month average, after rising 2.3% into results — a classic sell-the-news reaction to a profit beat built on cost cuts.