Angel One shares gain 2% as Q1 profit doubles to Rs 231 crore, revenue up 25% YoY

Shares of Angel One gained 2% to their day's high of Rs 349 on BSE on Thursday after the fintech and broking firm reported a sharp jump in earnings for the June quarter, supported by healthy revenue growth and improved operating leverage.

The company reported a consolidated net profit of Rs 231 crore for Q1FY27, more than double the Rs 114 crore posted in the same quarter last year. Revenue from operations rose 25.3% year-on-year (YoY) to Rs 1,430 crore from Rs 1,141 crore. EBITDA climbed 76.5% to Rs 485 crore from Rs 275 crore, while the EBITDA margin improved to 34% from 24%.

Angel One Q1 highlights

The company's credit business continued to deliver strong growth during the quarter. Its average client funding book touched a record Rs 6,140 crore, marking a 45.9% YoY increase. Credit distribution surged 129.7% YoY to Rs 530 crore.


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Angel One also reported robust growth in its wealth and asset management businesses. Wealth management assets under management (AUM) surged 165.3% year-on-year to Rs 13,440 crore, with its client base crossing 2,400 as of June 2026. Asset management AUM grew 81.4% YoY to Rs 620 crore.

In its distribution business, the number of unique SIPs registered during Q1FY27 stood at 1.7 million, down 10.3% from the corresponding quarter last year.

Angel One Q1 management commentary

Commenting on the results, Chairman and Managing Director Dinesh Thakkar said India's financialisation story continues to present a significant long-term opportunity, driven by a large working-age population, expanding digital infrastructure and rising participation in formal financial services.

"Our strategy is to build India's most trusted fintech, serving users across every stage of their financial journey," Thakkar said.

He added that the company's performance during the quarter reflected disciplined execution of this strategy and reiterated its focus on creating sustainable long-term value for users and shareholders. According to Thakkar, deeper user engagement is also helping improve monetisation opportunities, enhance customer lifetime value and strengthen operating leverage.

"We also continued to expand our wealth and asset management businesses, where recurring assets and long-term engagement continue to scale steadily. Combined with our disciplined focus on security, governance and responsible innovation, these investments are strengthening the quality of our platform and positioning us to deliver durable, profitable growth over the long term," he said.

Read more:Angel One, CAMS and ICICI AMC among JP Morgan's preferred bets on India's SIP boom

Angel One dividend

The board also declared the first interim dividend of Re 1 per equity share for FY27. The record date has been fixed as July 21, 2026, and the dividend will be paid on or before August 14, 2026.

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