ANGEL ONE LIMITED
Angel One Limited provides broking and advisory services, margin funding, and financial products to its clients in India and internationally. The company provides equity, commodities, derivatives, and currency derivative products. It also manages client's securities in the electronic form; facilitates clients in applying for initial public offerings; and provides funds to investors for trading. In addition, the company offers insurance, mutual funds, sovereign gold bonds, and credit products; and investment advice and market research services, as well as educates clients on financial markets and investing strategies. Further, it provides portfolio management, trading account, initial public offering, and DEMAT account services. The company operates through Angel One Super App, Angel One Trade, and Smart API investing and trading platforms. It serves resident and non-resident individuals, salaried professionals, high net worth individuals, Hindu undivided Families, corporates and trusts, partnership firms and LLP, and co-operative societies. The company was formerly known as Angel Broking Limited and changed its name to Angel One Limited in September 2021. Angel One Limited was incorporated in 1996 and is based in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, May has averaged the highest return (+43.6%); Aug the lowest (-15.0%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +18.7%Positive MonthJan 2026: +18.67% | -7.9%Negative MonthFeb 2026: -7.94% | -1.9%Neutral MonthMar 2026: -1.92% | +40.0%Positive MonthApr 2026: +40.04% | β | β | β | β | β | β | β | β |
| 2025 | β | β | β | β | +43.6%Positive MonthMay 2025: +43.61% | -3.7%Negative MonthJun 2025: -3.68% | -11.1%Negative MonthJul 2025: -11.10% | -15.0%Negative MonthAug 2025: -14.98% | -3.5%Negative MonthSep 2025: -3.50% | +16.9%Positive MonthOct 2025: +16.89% | +8.5%Positive MonthNov 2025: +8.46% | -13.3%Negative MonthDec 2025: -13.28% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 2 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ5.17 K Cr | β | βΉ1.22 K Cr | β | β | 21.7% | 21.8% | 7.3% |
| Mar 2024 | βΉ4.25 K Cr | β | βΉ1.13 K Cr | β | β | 37.8% | 42.3% | 28.5% |
| Mar 2023 | βΉ2.98 K Cr | β | βΉ882.00 Cr | β | β | 41.7% | 31.4% | 43.4% |
| Mar 2022 | βΉ2.27 K Cr | β | βΉ615.00 Cr | β | β | 39.8% | 77.5% | 112.1% |
| Mar 2021 | βΉ1.28 K Cr | β | βΉ290.00 Cr | β | β | 26.3% | 74.1% | 233.3% |
| Mar 2020 | βΉ735.00 Cr | β | βΉ87.00 Cr | β | β | 15.3% | -2.3% | 13.0% |
| Mar 2019 | βΉ752.00 Cr | β | βΉ77.00 Cr | β | β | 15.3% | 1.9% | -24.5% |
| Mar 2018 | βΉ738.00 Cr | β | βΉ102.00 Cr | β | β | 22.7% | 104.4% | 385.7% |
| Mar 2017 | βΉ361.00 Cr | β | βΉ21.00 Cr | β | β | 6.7% | -1.9% | -16.0% |
| Mar 2016 | βΉ368.00 Cr | β | βΉ25.00 Cr | β | β | 8.3% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 368 | 361 | 738 | 752 | 735 | 1,280 | 2,272 | 2,985 | 4,248 | 5,175 | 4,574 |
| Total Expenses | 303 | 383 | 502 | 559 | 555 | 830 | 1,359 | 1,700 | 2,550 | 3,157 | 2,990 |
| EBIT / Operating Profit | 65 | -23 | 237 | 193 | 180 | 450 | 913 | 1,285 | 1,699 | 2,019 | 1,584 |
| OPM % | 18% | -6% | 32% | 26% | 24% | 35% | 40% | 43% | 40% | 39% | 35% |
| Other Income | 13 | 111 | 13 | 11 | 7 | 8 | 2 | 16 | 6 | 8 | 10 |
| Finance Costs | 29 | 50 | 89 | 67 | 50 | 43 | 74 | 91 | 137 | 293 | 337 |
| Depreciation & Amortisation | 10 | 10 | 12 | 18 | 20 | 17 | 18 | 29 | 49 | 100 | 110 |
| Profit Before Tax | 40 | 28 | 149 | 119 | 117 | 398 | 823 | 1,181 | 1,519 | 1,634 | 1,147 |
| Tax % | 36% | 26% | 32% | 35% | 26% | 27% | 25% | 25% | 25% | 26% | - |
| Net Profit / PAT | 25 | 21 | 102 | 77 | 87 | 290 | 615 | 882 | 1,133 | 1,216 | 852 |
| EPS (βΉ) | 17.74 | 14.41 | 14.15 | 10.65 | 12.03 | 35.49 | 74.21 | 105.70 | 134.88 | 134.67 | 94.15 |
| Dividend Payout % | 32% | 47% | 96% | 25% | 22% | 36% | 37% | 38% | 26% | 36% | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| ANGEL ONE LIMITEDthis co. | βΉ22.14 K Cr | βΉ5.17 K Cr | 26.00 | 3.79 | 13.08 | 21.8% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |
