Angel One reported a strong performance for April 2026, marked by a 20.0% year-on-year growth in the total client base to 37.79 million. Despite a slight moderation in average daily orders due to seasonality, the company saw significant gains in market share across equity and derivative segments. The firm highlights a resilient business model with sustained strength in underlying client activity and a robust expansion in commodity and cash segment turnover.
Client Growth and Market Reach
Angel One continues to expand its footprint in the financial services landscape. As of April 2026, the company’s client base reached 37.79 million, representing a solid 20.0% increase compared to the same period last year. While monthly gross client acquisition stood at 0.46 million, the total number of orders executed reached 135.75 million, reflecting consistent engagement from the platform’s large user base.
Turnover and Segment Performance
The company recorded impressive growth in its average daily turnover (ADTO). The overall ADTO based on notional turnover reached ₹52,210 billion, a 41.3% growth year-on-year. Specifically, the Cash segment ADTO surged by 35.3% month-on-month to reach ₹94 billion, while the Commodity segment saw a substantial 155.0% year-on-year increase to ₹2,199 billion.
Strategic Market Share Gains
Angel One demonstrated sequential improvement in market share across key segments in April 2026. The market share for Overall Equity increased by 75 bps month-on-month to reach 20.5%. Similarly, the F&O segment saw a market share increase of 63 bps to 22.3%. Management noted that the cash segment volumes picked up in line with internal expectations, and while daily order volumes moderated compared to March 2026 due to seasonal factors, they remained firmly above the FY2026 average, underscoring the platform’s sustained operational momentum.
Source: BSE
