Angel One logo

Angel One share price

NSE: ANGELONEBSE: 543235Capital MarketsSmall Cap

Angel One Limited · Formerly Angel Broking · Face value ₹1 · Listed Oct 2020 · Issue price ₹306
Last close ₹289.20up ₹6.60 (2.34%)BSE ₹289.80

Share price at the NSE close on 27 Oct 2026. Previous close ₹282.60.

27 Oct: open ₹281.85, high ₹292.75, low ₹281.85

52-week range of traded prices to 27 Oct 2026
₹208.63Low, 13 Mar 2026₹360.45High, 19 Jun 2026
Market cap
₹26,450 Cr299th largest listed
P/E
22.90
P/B
3.97
Dividend yield
2.23%
ROE
18.5%
ROCE
14.8%
Debt to equity
1.13
Volume, NSE
46,30,28437.7% delivered

Angel One share price chart

Daily closes since Oct 2020, adjusted for splits and bonuses

+12.2%over a year · Nifty Financial Services Ex-Bank −10.2% · Nifty 500 −8.8%

ResultsDividendSplit, bonus, rights or demerger20-session average 65,03,295 shares a day, 31.9% delivered

About Angel One

Angel One is a Mumbai-based financial services platform for individual investors across India.123 Through its mobile and web apps, clients trade shares, derivatives and commodities, invest in mutual funds and gold bonds, take loans, buy insurance and get wealth management.43

It is a stockbroker on NSE, BSE, MCX, NCDEX and MSEI, a depository participant of CDSL (an agent that holds clients' shares in electronic form) and offers margin trading funding (loans to clients to buy shares).5 It reports its results as a single segment, broking and related services.6 Its wholly owned subsidiary Angel One Wealth runs wealth management for affluent and wealthy clients under the Ionic Wealth brand, while Angel One Asset Management manages Angel One Mutual Fund's index funds and exchange-traded funds.789 Another wholly owned subsidiary sells life and general insurance as a registered corporate agent.10

Dinesh Thakkar began the business in 1996 from a single-room office and is its Chairman and Managing Director; the company was incorporated on 8 August 1996.1112 In the year to Mar 2026 it agreed a joint venture with Singapore-based LivWell Holding Company to start a digital life insurer, Angel One Livwell Life Insurance, set up on 11 September 2025, in which it will own 26%; as of its annual report of 20 May 2026, this was subject to regulatory approvals.131415 On 31 March 2026 the promoter group held 28.80% of the shares, 18.41% of them in Dinesh Thakkar's own name.16

Angel One key points

Results

  • In the quarter to Sep 2026, consolidated gross revenue was ₹14.3 billion, up 18.9% year on year, and profit after tax ₹3.35 billion, up 58%.1718
  • In the same quarter, consolidated EBDAT (earnings before depreciation, amortisation and tax) was ₹4.9 billion, up 52.0% year on year; its EBDAT margin on net income (gross income less fees, commission and finance cost) was 45.1%, against 34.5% a year earlier.192021
  • In the year to Mar 2026, consolidated total income was ₹51,522 million and EBDAT ₹13,969 million, while profit after tax fell 21.9% to ₹9,151 million.2223
  • In the quarter to Sep 2026, gross broking income was about 55% of total revenue, against nearly 60% a year earlier, while interest income rose 34% year on year to ₹5.1 billion.24

Market position

  • In the quarter to Sep 2026, Angel One's retail equity turnover share (trading by individuals, options counted by premium) was 19.7%, and 22.1% in equity derivatives; its commodities share came down to 44% as more participants entered the market.25
  • Angel One held 16.6% of India's demat accounts (accounts that hold shares in electronic form) as of September 2026.26
  • In mutual funds, Angel One says it ranks 2nd in incremental SIPs (new systematic investment plans, regular instalment purchases of a fund), and 3.7 million users have bought funds on its platform.27

Branches and reach

  • Angel One had about 40 million clients in the quarter to Sep 2026 and added nearly 1.5 million new ones, 11.6% more than in the previous quarter.28
  • Besides its own app, Angel One reaches clients through over 10,000 authorised persons (agents registered with the exchange who serve clients for a share of income) and over 11,000 mutual fund distributors, as of 31 March 2026.29

Client funding book

  • The client funding book (loans to clients to buy shares, secured by their holdings) averaged ₹74.5 billion in the quarter to Sep 2026, up over 40% year on year, and closed at a record ₹82.1 billion.30
  • The client funding book had 437,000 borrowers in the quarter to Sep 2026, nearly 30% more than a year earlier; about 84% had exposures below ₹1,00,000, and 82% of the closing book was under 30 days old.31
  • Angel One charges 14.99% a year on margin trading funding; on its earnings call of 16 Oct 2026 it said it was not looking at an increase.3233

Beyond broking

  • Angel One distributes loans from 7 partner lenders, among them Credit Saison, Aditya Birla Capital, IDFC First and Poonawala Fincorp, which do all the lending; credit distributed was ₹6.9 billion in the quarter to Sep 2026, up 30.2% on the previous quarter.343536
  • Ionic Wealth managed ₹160 billion of client assets (AUM, assets under management) for over 2,975 clients at the end of September 2026, up 19.1% on the previous quarter.3738
  • Angel One Asset Management had 11 mutual fund schemes in July 2026 and AUM of ₹5.7 billion on 30 September 2026.39
  • Angel One said on 16 Oct 2026 that it had received authorisation to operate as a Global Access Provider (a route for Indian investors to foreign markets) in the International Financial Services Centre, and was piloting US stocks.40

What the company expects

  • On its earnings call of 16 Oct 2026, the company said it aims for an operating margin of about 45% a year in its standalone broking and distribution business, and 40% to 45% for the group in the near term.414243
  • On its earnings call of 16 Oct 2026, the company said it expects distribution revenue, already about 5% of revenue, to reach a low double-digit share in the next 2 to 3 years.44

Recent events

  • Angel One set 22 Oct 2026 as the record date for a second interim dividend of ₹1.4 per share for the financial year that began in April 2026, approved by its board.45
  • Each ₹10 share was split into 10 shares of ₹1 from the record date of 26 Feb 2026, after shareholders approved it by postal ballot on 18 Feb 2026.46
  • On 15 Jan 2026, the board withdrew a plan approved in May 2025 to transfer the broking, depository, mutual fund distribution and research businesses to its wholly owned subsidiary Angel Securities Limited.4748

Litigation and regulatory matters

  • On 15 Jun 2026, Angel One disclosed paying ₹4,28,01,600 to settle SEBI proceedings, without admitting or denying the findings, over alleged inadequate supervision of its authorised persons, including failure to detect unauthorised fund collection; SEBI levied no penalty.4950
  • On 11 Nov 2025, SEBI imposed a penalty of ₹3,00,000 on Angel One after a SEBI and NSE inspection alleged lapses including inadequate supervision of its authorised persons; the company said the order had no material financial or operational impact.515253

Last updated

All 53 sources, each with its page
  1. 1. Annual report, 20 May 2026, page 7
  2. 2. Annual report, 20 May 2026, page 1
  3. 3. Annual report, 20 May 2026, page 81
  4. 4. Annual report, 20 May 2026, page 7
  5. 5. Annual report, 20 May 2026, page 119
  6. 6. Annual report, 20 May 2026, page 189
  7. 7. Annual report, 20 May 2026, page 21
  8. 8. Annual report, 20 May 2026, page 158
  9. 9. Investor presentation, 15 Oct 2026, page 15
  10. 10. Annual report, 20 May 2026, page 43
  11. 11. Annual report, 20 May 2026, page 9
  12. 12. Annual report, 20 May 2026, page 119
  13. 13. Annual report, 20 May 2026, page 43
  14. 14. Annual report, 20 May 2026, page 6
  15. 15. Annual report, 20 May 2026, page 142
  16. 16. Annual report, 20 May 2026, page 132
  17. 17. Earnings call, 16 Oct 2026, page 5
  18. 18. Earnings call, 16 Oct 2026, page 6
  19. 19. Investor presentation, 15 Oct 2026, page 25
  20. 20. Earnings call, 16 Oct 2026, page 6
  21. 21. Investor presentation, 15 Oct 2026, page 27
  22. 22. Annual report, 20 May 2026, page 4
  23. 23. Annual report, 20 May 2026, page 45
  24. 24. Earnings call, 16 Oct 2026, page 6
  25. 25. Earnings call, 16 Oct 2026, page 4
  26. 26. Investor presentation, 15 Oct 2026, page 16
  27. 27. Investor presentation, 15 Oct 2026, page 10
  28. 28. Earnings call, 16 Oct 2026, page 4
  29. 29. Annual report, 20 May 2026, page 45
  30. 30. Earnings call, 16 Oct 2026, page 6
  31. 31. Earnings call, 16 Oct 2026, page 6
  32. 32. Earnings call, 16 Oct 2026, page 10
  33. 33. Annual report, 20 May 2026, page 44
  34. 34. Investor presentation, 15 Oct 2026, page 19
  35. 35. Annual report, 20 May 2026, page 20
  36. 36. Investor presentation, 15 Oct 2026, page 25
  37. 37. Earnings call, 16 Oct 2026, page 4
  38. 38. Investor presentation, 15 Oct 2026, page 20
  39. 39. Investor presentation, 15 Oct 2026, page 21
  40. 40. Earnings call, 16 Oct 2026, page 5
  41. 41. Earnings call, 16 Oct 2026, page 6
  42. 42. Earnings call, 16 Oct 2026, page 8
  43. 43. Earnings call, 16 Oct 2026, page 21
  44. 44. Earnings call, 16 Oct 2026, page 12
  45. 45. Earnings call, 16 Oct 2026, page 7
  46. 46. Annual report, 20 May 2026, page 171
  47. 47. Exchange filing, 15 Jan 2026, page 2
  48. 48. Exchange filing, 15 Jan 2026, page 3
  49. 49. Exchange filing, 15 Jun 2026, page 1
  50. 50. Exchange filing, 15 Jun 2026, page 2
  51. 51. Exchange filing, 12 Nov 2025, page 2
  52. 52. Exchange filing, 12 Nov 2025, page 1
  53. 53. Exchange filing, 12 Nov 2025, page 3

Results

Consolidated; ₹ crore.Angel One quarterly results

Revenue growth, 12 months
+21.3%
Net profit growth, 12 months
+47.7%

Quarter to Sep 2026, against the quarter before

Revenue
₹1,427 Crdown 0.19%
Net profit
₹335 Crup 44.76%
Net margin
23.5%

Revenue by quarter

₹1,262 CrDec 24₹1,056 CrMar 25₹1,141 CrJun 25₹1,202 CrSep 25₹1,335 CrDec 25₹1,459 CrMar 26₹1,430 CrJun 26₹1,427 CrSep 26
Peak revenue ₹1,459 Cr, quarter to Mar 2026; lowest ₹1,056 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹281 CrDec 24₹175 CrMar 25₹114 CrJun 25₹212 CrSep 25₹269 CrDec 25₹320 CrMar 26₹231 CrJun 26₹335 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue1,2621,0561,1411,2021,3351,4591,4301,427
Net profit281175114212269320231335
Net margin22.3%16.5%10.0%17.6%20.1%21.9%16.2%23.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Broking, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.Angel One PE ratio and valuation

Price to earnings

At or below today's level on 63% of 1,239 trading days over the last 5 years.

LowestHighest
Its median20.64Industry median17.02
Price to book

At or below today's level on 14% of 1,124 trading days over the last 5 years.

LowestHighest
Its median5.26Industry median1.41
Dividend yield

At or below today's level on 81% of 1,239 trading days over the last 5 years.

LowestHighest
Its median1.75%Industry median0.75%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+0.1%−22.4%+26.8%1.8%
3 years+26.7%−1.9%+27.5%1.7%
5 years+52.8%+22.6%+23.1%1.9%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Angel One shareholding pattern

Shareholding by group

  • Promoters28.55%
  • Foreign institutions12.52%
  • Indian institutions19.58%
  • Individuals and others39.35%
Holder
Dinesh Dariyanumal ThakkarPromoter18.33%
Nirwan Monetary Services Pvt LtdPromoter6.63%
MUKESH RAMANLAL GANDHIResident individuals, over ₹2 lakh at face value5.02%
DEEPAK TARACHAND THAKKARResident individuals, over ₹2 lakh at face value2.81%
Ashok Daryanimal ThakkarPromoter2.72%
LALIT TARACHAND THAKKARResident individuals, over ₹2 lakh at face value2.44%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.04 pts, foreign institutions −1.24 pts, Indian institutions −0.77 pts, mutual funds −1.38 pts.

Mutual fund holdings

154 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 80 of the 99 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 154 funds holding Angel One

Bought for the first time
2
Bought again
2
Added
52
Cut
47
Held unchanged
50
Sold out
5
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Angel One insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade
  • Others: no market trade · 48 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Angel One competitors and peers

Stockbroking & Allied, 43 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Angel One in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Billionbrains Garage Ventures logoBillionbrains Garage VenturesGROWW1,17,04643.4510.12––28.5%30.2%0.00%
Motilal Oswal Financial Services logoMotilal Oswal Financial ServicesMOTILALOFS58,42829.514.53+14.6%−28.8%16.5%11.7%0.62%
360 ONE WAM logo360 ONE WAM360ONE41,73033.47–+29.4%+10.7%12.7%9.8%1.39%
Nuvama Wealth Management logoNuvama Wealth ManagementNUVAMA31,19828.817.57+12.9%+5.2%28.5%15.6%1.66%
IIFL Capital Services logoIIFL Capital ServicesIIFLCAPS10,78318.893.52+2.2%−19.1%20.5%16.1%0.88%
Share India Securities logoShare India SecuritiesSHAREINDIA3,86610.641.47+14.6%+17.6%14.6%18.5%1.02%
Anand Rathi Share and Stock Brokers logoAnand Rathi Share and Stock BrokersARSSBL2,94420.472.13––10.7%13.8%1.07%
Monarch Networth Capital logoMonarch Networth CapitalMONARCH2,67814.792.76+7.5%+17.3%20.5%24.7%0.30%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Angel One dividend history

Dividend per share, ₹, restated for later splits and bonuses

1.7Mar 212.0Mar 224.0Mar 233.5Mar 244.8Mar 254.1Mar 262.4Mar 27so far
Highest ₹4.80 a share, year to Mar 2025.
Ex-dateTypePer share
22 Oct 2026Interim₹1.40
21 Jul 2026Interim₹1.00
27 Mar 2026Interim₹1.75
21 Jan 2026Interim₹23.00
30 May 2025Final₹26.00
20 Mar 2025Interim₹11.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Angel One announcements

Angel One share price by year

Each calendar year to 2025.Angel One share price history

YearClose at year endChangeHighest closeLowest close
2025234.40−20.0%327.17195.35
2024293.17−15.9%387.57205.14
2023348.78+166.0%348.78100.29
2022131.14+10.9%194.92109.69
2021118.21+249.7%163.7028.97
202033.81–38.0922.47
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 5 Oct 2020.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026277.65285.25273.80282.60281.1639,05,86532.2%
23 Oct 2026291.40292.65276.05279.00280.7948,98,23829.3%
22 Oct 2026290.50294.25285.90291.25290.4134,12,01237.2%
21 Oct 2026302.90306.30290.30293.20297.2339,90,36228.3%
19 Oct 2026301.00304.35298.20302.90300.9060,96,64838.3%
16 Oct 2026317.30321.90298.50300.00306.911,99,52,99825.5%
15 Oct 2026306.80315.55306.35313.00311.641,16,41,85628.1%
14 Oct 2026310.00310.40302.60306.05306.4434,85,80229.9%
13 Oct 2026305.00312.00299.75310.00305.9366,43,32528.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
26 Feb 2026Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson and managing director
Dinesh Thakkar
At the end of the quarter to Sep 2026
Chief executive
Ambarish Kenghe
At the end of the quarter to Sep 2026
NSE symbol
ANGELONE
BSE code
543235
ISIN
INE732I01021
Industry
Capital Markets
Former symbols
ANGELBRKG
CIN
L67120MH1996PLC101709
Corporate identity number, the registrar of companies' code for it
Incorporated
1996
Registered office
601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri (East), Mumbai 400093, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments