Angel One reported a strong Q3 FY’26, with gross income increasing by 11.1% quarter-on-quarter to approximately ₹13.4 billion. Net income also grew by 9.3% sequentially to ₹10.3 billion, driven by multiple revenue streams. The company sustained a 20.4% overall retail equity turnover market share and strengthened its demat market share to 16.5%. The Board has also approved its first interim dividend of ₹23 per share and a stock split of 1:10.
Financial Performance Highlights
Angel One reported positive financial results for Q3 FY’26, showcasing improvements across key metrics:
- Total gross income increased by 11.1% quarter-on-quarter, reaching approximately ₹13.4 billion.
- Net income grew by 9.3% sequentially to ₹10.3 billion.
- The company’s operating margin reached 43%.
- Reported profit after tax increased by 26.9% quarter-on-quarter to ₹2.7 billion.
Key Business Updates
The company provided key updates on its various business segments:
- Maintained a 20.4% overall retail equity turnover market share.
- Demat market share strengthened to 16.5%.
- Commodities business achieved its highest-ever order and ADTO at 35 million and ₹1.7 trillion respectively.
- Client funding book grew 10.4% sequentially to ₹58.6 billion.
Emerging Businesses
The company saw promising traction in its emerging businesses:
- Strong mutual fund SIP registrations.
- Credit disbursements reached ₹7.1 billion during the quarter, growing 56% quarter-over-quarter.
Strategic Developments
Angel One highlighted key strategic developments:
- The Board approved its first interim dividend of ₹23 per share.
- The Board approved a stock split of 1:10.
Leadership Changes
The company welcomed Ajit Sinha as its new General Counsel.
Wealth and Asset Management
The wealth management business continues to gain momentum, with Ionic’s AUM crossing ₹82 billion, while the asset management business scaled steadily with AUM at ₹4.7 billion.
Focus on Technology
The company continues to focus on technology and AI, including launching the beta version of its in-house Data Analyst Agent.
Source: BSE
