Angel One Share Price

Angel One Reports Stellar Growth in Client Acquisition and Profit: Q2 FY25 Performance Soars

Angel One Ltd continues to establish its dominance in the discount brokerage space, showcasing impressive growth across multiple metrics in the September quarter of FY25. The company, which reported its quarterly results on Monday, October 14, after market hours, saw a significant increase in both client acquisition and profitability, signaling robust market traction.

Explosive Growth in Client Acquisition and Revenue

Angel One’s gross client acquisition surged by a remarkable 41% year-on-year (YoY), reaching 3 million in Q2. This growth reflects the company’s aggressive push in expanding its user base, further enhanced by a 15.9% increase compared to the June quarter.

For the quarter that ended on September 30, Angel One’s total client base skyrocketed by 61% to 27.5 million. Even on a sequential basis, the client base saw an 11.2% uptick, demonstrating consistent momentum.

Such a massive leap in clients is translating into exceptional financial performance. Angel One’s net profit climbed by 39.1% YoY, reaching ₹423.4 crore. Revenue also shot up by an impressive 44.5% to ₹1,514.7 crore, compared to ₹1,047.9 crore in the same quarter last year.

Strong EBITDA and Market Share Gains

Angel One’s Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) also showcased stellar growth, rising by 51.5% YoY to ₹671.9 crore. The company’s EBITDA margin expanded by 210 basis points, reaching 44.4%, up from 42.3% last year, underlining improved operational efficiency.

In addition to financial metrics, the discount broker’s influence in the market continues to grow. Angel One’s share in India’s demat accounts increased by 251 basis points YoY, reaching 15.7%. Compared to the previous quarter, this number was up by 44 basis points.

The number of orders placed on Angel One’s platform also rose sharply, with a 44.5% YoY increase, reaching 489 million. These numbers further affirm Angel One’s foothold in the retail trading segment, driven by a growing customer base and market activity.

Leadership Commentary and Market Positioning

“With a 19.3% share in the overall retail equity turnover, we continue to report an improvement in market share across all segments,” said Angel One’s Chairman and Managing Director, Dinesh Thakkar. The company has effectively solidified its leadership position in retail trading, offering a comprehensive platform for both new and experienced investors.

Despite these outstanding results, shares of Angel One cooled off from the highs of the day, ending 1% higher on Monday at ₹2,729.95. While the stock still trades below its recent peak of ₹3,896, it remains a strong contender in the brokerage industry.

Future Outlook and Investor Sentiment

Investors and market analysts are closely watching how Angel One will leverage its growing market share and client base in the upcoming quarters. With rising demand for digital trading platforms and an expanding retail investor pool, the company is well-positioned to capture further growth.

Angel One’s focus on expanding its product offerings and maintaining competitive pricing could be key in sustaining its momentum. As the Indian stock market continues to grow, Angel One’s robust acquisition strategy and market share gains indicate a promising trajectory for long-term growth.

Conclusion:

Angel One’s September quarter results underline the company’s strong growth potential, with a substantial rise in both client acquisition and financial performance. Angel One Share Price, As the company continues to expand its market share and increase profitability, investors will be keen to see how it capitalizes on future opportunities. With its current momentum, Angel One is poised to remain a key player in India’s fast-growing digital brokerage landscape.