Angel One Limited has informed the Exchange regarding Board meeting held on July 16, 2025.
ANGELONE · price
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Awaiting price reaction for this filing.
Angel One's board approved its unaudited Q1 FY26 results on July 16, 2025. Consolidated revenue from operations fell about 19% YoY to Rs. 11,405 million (vs Rs. 14,055 million in Q1 FY25), mainly because fees and commission income dropped to Rs. 7,780 million from Rs. 11,080 million. Net profit collapsed roughly 61% YoY to Rs. 1,145 million from Rs. 2,927 million, with Basic EPS at Rs. 12.66 versus Rs. 32.55 a year ago. Operating margin shrank sharply to 14.42% from 30.39%, partly due to Rs. 1,117 million in IPL sponsorship and related expenses during the quarter. The board also disclosed a previously approved plan to transfer its broking, depository, mutual fund distribution and research analyst businesses to wholly-owned subsidiary Angel Securities Limited via a slump sale, pending member and regulatory approvals. The limited review report from S.R. Batliboi & Co. LLP is unqualified.
Sharp YoY decline in revenue and profit, along with compressed margins, is likely to weigh negatively on the stock in the near term as it reflects a weak quarter for brokerage activity. The slump sale restructuring is a strategic move but pending approvals mean it is not yet a concrete value trigger.