ANGELONENSEAngel One LimitedMediumNeutral
Announced Wed, 22 Apr · 15:15 IST

Angel One Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

ANGELONE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹323.99
prior close
₹328.41
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.0-0.8-3.0-1.6-1.5-3.4-4.9-5.8+4.8+9.5-3.7
Up moveDown movePending
AI summary

Angel One reported strong Q4 FY '26 results with operating metrics recovering meaningfully. Average daily orders reached 7.4 million (up from 5 million in Feb '25), with total order count of 431 million marking a six-quarter high. Gross income grew 9.7% QoQ to ₹14.7 billion and net income rose 10.4% to ₹11.3 billion. EBITDA margin expanded to 41.7% (normalized 44.4%), with PAT up 19.2% sequentially to ₹3.2 billion. The company is investing heavily in AI with Ask Angel becoming a conversational AI assistant, while Ionic Wealth AUM crossed ₹100 billion. Management guided employee costs to remain flat at around ₹11 billion in FY27, indicated new businesses will create a 2.5-3% EBITDA drag, and announced ₹1.5 billion capital infusion each into wealth management and NBFC platforms. The company targets further margin expansion beyond 45% on broking and distribution.

Likely market impact

Strong recovery in trading activity and margin expansion signals operational resilience. The company is well-positioned to capture growth in India's financial services market with diversified revenue streams from broking, wealth, credit, and asset management. Flat employee cost guidance despite business growth suggests improving operating leverage.