Angel One Limited has released the transcript of its Q2 FY27 earnings conference call. The company reported a robust financial performance, with consolidated revenue and PAT growing 18.9% and 58.2% year-over-year, respectively. Key drivers included strong client acquisition, expansion in funding book, and growth in distribution and wealth management businesses, despite a subdued market environment.
Angel One Reports Strong Q2 FY27 Performance
Angel One Limited has made public the transcript of its Q2 FY27 earnings conference call, held on October 16, 2026. The call highlighted a period of significant growth and strategic execution for the company, even amidst a challenging market landscape. Ambarish Kenghe, Group CEO, expressed pride in the team’s performance, noting that despite regulatory changes impacting market volumes, the company delivered strong results.
Key Financial Highlights
Consolidated gross revenue reached ₹14.3 billion, marking an 18.9% year-on-year increase. Profit after tax saw a substantial jump of 58.2% year-over-year. The company attributed this strong earnings performance to operating leverage and its growing earnings capacity. Consolidated operating profit grew by an impressive 52% year-on-year to ₹4.9 billion.
Client Acquisition and Business Expansion
Angel One welcomed nearly 1.5 million new clients in the quarter, an 11.6% increase from Q1, while maintaining control over acquisition costs. The average client funding book reached a lifetime high of ₹74.5 billion, up 40.5% from the previous year. The company also saw growth in its SIP registrations, which grew nearly 12% over Q1. The credit distribution business delivered its highest ever credit distribution, with an annualized run rate of ₹33 billion. The wealth business reported an AUM of ₹160 billion, up 19.1% over Q1 FY27.
Strategic Initiatives and Future Outlook
The company is exploring new avenues, including authorization to operate as a Global Access Provider in IFSC and piloting U.S. stocks on its platform. Angel One also noted the potential positive impact of recent SEBI circulars, such as the one on closing auction sessions, which are expected to provide tailwinds. Looking ahead, the company remains focused on maintaining healthy margins, strengthening return on capital, and driving long-term shareholder value, confident in its financial strength and scalable operating model.
Source: BSE
