Angel One reported a sharp rise in earnings for the fourth quarter on Thursday, April 16, with net profit climbing 83.5% year-on-year to ₹320 crore.
Revenue for the quarter grew 38.2% to ₹1,459 crore from ₹1,056 crore in the year-ago period, reflecting stronger client activity.
Operating performance also improved significantly, with EBITDA surging 74.6% to ₹598 crore compared with ₹343 crore a year earlier. EBITDA margins expanded to 41% from 32% in the corresponding quarter, supported by operating leverage and improved order activity, the company said in the filing.
Angel One said its board has approved plans to raise up to ₹1,500 crore through non-convertible debentures (NCDs).
On the business front, its wealth management arm saw assets under management (AUM) rise 22.7% quarter-on-quarter to ₹100.8 billion as of March 2026, with the client base crossing 1,900.
The asset management business reported AUM of ₹3.6 billion, while the broking segment’s average client funding book remained stable at ₹58.5 billion during the quarter.
The company flagged that the first quarter of FY27 may face cost pressures due to higher IPL-related expenses, annual salary increments, provisioning for variable pay, and fresh employee stock grants.
Commenting on performance, Chairman and Managing Director Dinesh Thakkar said India’s growing financialisation and digital adoption are driving deeper market participation. He added that the company is strengthening its core business while scaling new verticals, with early traction helping expand its ecosystem and deepen client engagement.
Shares of Angel One ended marginally lower on Thursday, April 16, by 1.73% at ₹292.61 on the NSE.
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