On Thursday, April 16, Angel One announced a significant increase in earnings for the fourth quarter, with net profit soaring 83.5% year-on-year to reach ₹320 crore.
The quarterly revenue surged by 38.2%, rising to ₹1,459 crore from ₹1,056 crore in the same period last year, indicating stronger client engagement.
The operating performance also showed marked improvement, with EBITDA jumping 74.6% to ₹598 crore compared to ₹343 crore the previous year. EBITDA margins grew to 41% from 32% in the prior quarter, bolstered by operating leverage and increased order activity, as detailed in the company’s filing.
Angel One announced that its board has endorsed a plan to generate up to ₹1,500 crore through the issuance of non-convertible debentures (NCDs).
In terms of business developments, its wealth management division experienced a 22.7% quarter-on-quarter jump in assets under management (AUM), reaching ₹100.8 billion as of March 2026, with the client count surpassing 1,900.
The asset management segment reported an AUM of ₹3.6 billion, while the average client funding book for the broking division stayed steady at ₹58.5 billion during the quarter.
The company cautioned that the first quarter of FY27 could encounter cost challenges due to increased IPL-related expenses, annual salary hikes, provisioning for variable pay, and new employee stock grants.
In remarks on the performance, Chairman and Managing Director Dinesh Thakkar stated that India’s increasing financialization and digital adoption are promoting broader market involvement. He emphasized that the company is enhancing its core business while exploring new verticals, with early successes aiding the expansion of its ecosystem and enhancing client relationships.
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