Total Gross Revenue Rs. 1,467 crore, up 39% YoY and 10% quarter-on-quarter, reflecting improved trading volumes and platform engagement. EBDAT increased by 17% sequentially to Rs. 473 crore, while margin increased to 41.7%, indicating strong operating leverage.
The quarter saw a recovery in client activity, with total orders reaching 43.1 crore, up 13% sequentially to a six-quarter high. The company’s client base has grown to 3.74 crore, while its share of demat accounts in India has grown to 16.7%.
Despite a slight decline in cash segment activity, the derivatives and commodity segments saw strong growth, supporting overall order volumes.
Angel One continued to see traction ahead of Broking. Wealth Management Assets under management grew by 23% sequentially to Rs. 10,080 crore, while asset management AUM stood at Rs. 360 crores. However, credit disbursements declined by 14.7% sequentially, indicating some moderation in credit activity.
The company’s asset management business remained small but growing, with an AUM of Rs. 360 crore, while mutual fund SIP subscriptions remained strong at 2.1 million during the quarter. However, disbursement of credit fell by 15% sequentially to Rs. 610 crore, indicating a slight softening in lending activity.
Management attributed the strong performance to normalization in client activity and increased adoption of digital platforms, along with continued investment in AI-led capabilities to improve customer experience and operational efficiency.
Angel One is positioning itself as a full-stack digital financial platform, moving beyond broking in wealth, asset management and credit backed by technology-led innovation.
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