Angel One shares rise over 4% after Q4 net profit jumps 84% to Rs 320 crore

Angel One share price gained over 4% after it reported a robust March quarter, with profits soaring 84% year-on-year to Rs 320 crore, fueled by a 13% surge in total orders to 43.1 crore and a growing client base. The company's expansion into weal...

Agencies
Shares of Angel One gained as much as 4.4% to their day's high of Rs 305 on the BSE on Friday after it posted strong earnings for the March quarter, with profit growth supported by healthy client activity and operating leverage. Profit after tax came in at Rs 320 crore in Q4, up 84% year-on-year and 19% sequentially.

Revenue performance remained robust, with total gross revenue at Rs 1,467 crore, rising 39% YoY and 10% quarter-on-quarter. EBDAT stood at Rs 473 crore, up 17% sequentially, while margins improved to 41.7%, reflecting better operating efficiency.

Client engagement picked up during the quarter. Total orders reached 43.1 crore, a 13% sequential increase and the highest level in six quarters. The company’s client base grew to 3.74 crore, taking its share of India’s demat accounts to 16.7%, it said in a regulatory filing.


While activity in the cash segment saw a marginal decline, strong traction in derivatives and commodities helped drive overall order growth.

Beyond its core broking business, Angel One continued to expand its presence in other segments. Wealth management assets under management rose 23% sequentially to Rs 10,080 crore. Asset management AUM stood at Rs 360 crore. Meanwhile, credit disbursals fell 14.7% sequentially.

The asset management business, though still small, showed steady progress with AUM at Rs 360 crore. Mutual fund SIP registrations remained strong at 2.1 million during the quarter. Credit disbursals declined 15% sequentially to Rs 610 crore, indicating a slowdown in lending activity.
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Management said the performance was driven by a recovery in client participation and increased use of digital platforms. The company also highlighted ongoing investments in AI-led capabilities to enhance customer experience and improve operational efficiency.

Angel One is steadily evolving into a full-stack digital financial services platform, with growing focus on wealth, asset management and credit, backed by technology-driven initiatives.

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