Angel One (ANGELONE)₹338.00+1.55%Stockbroking & Allied
In the Sep 2026 quarter (consolidated), Angel One reported sales of ₹1,432 Cr, up 18.6% from Sep 2025, and net profit of ₹335 Cr, up 58.0% year on year. For the year to Mar 2026, sales were ₹5,156 Cr and net profit ₹915 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,062 | 1,362 | 1,411 | 1,520 | 1,266 | 1,059 | 1,145 | 1,207 | 1,340 | 1,464 | 1,436 | 1,432 |
| Expenses | 661 | 826 | 935 | 843 | 766 | 713 | 865 | 786 | 806 | 861 | 945 | 790 |
| Operating Profit | 397 | 528 | 468 | 669 | 494 | 342 | 274 | 414 | 527 | 596 | 483 | 634 |
| OPM % | 38.1% | 39.0% | 33.0% | 44.1% | 39.0% | 32.0% | 24.1% | 35.0% | 40.0% | 41.0% | 34.0% | 45.0% |
| Other Income | 2.01 | 1.01 | 5.01 | 1.01 | 2.01 | 2.01 | 3.01 | 2.01 | 3.01 | 8.02 | 4.01 | 5.01 |
| Interest | 35.86 | 55.75 | 55.75 | 74.76 | 83.67 | 79.68 | 82.65 | 92.60 | 127 | 133 | 128 | 146 |
| Depreciation | 12.96 | 16.96 | 22.92 | 25.93 | 26.90 | 28.91 | 29.92 | 30.91 | 31.88 | 32.89 | 34.89 | 34.90 |
| Profit before tax | 352 | 461 | 399 | 574 | 388 | 237 | 165 | 295 | 375 | 442 | 326 | 460 |
| Tax % | 26.1% | 26.1% | 26.1% | 26.1% | 27.1% | 26.1% | 30.1% | 28.1% | 28.1% | 27.1% | 29.1% | 27.1% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 260 | 340 | 293 | 423 | 281 | 175 | 114 | 212 | 269 | 320 | 231 | 335 |
| EPS (Rs) | 3.11 | 4.06 | 3.26 | 4.71 | 3.13 | 1.94 | 1.27 | 2.34 | 2.97 | 3.53 | 2.54 | 3.67 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 453 | 442 | 773 | 782 | 750 | 1,295 | 2,303 | 3,012 | 4,287 | 5,256 | 5,156 | 5,672 |
| Expenses | 362 | 437 | 516 | 575 | 570 | 827 | 1,366 | 1,707 | 2,577 | 3,255 | 3,317 | 3,403 |
| Operating Profit | 89.65 | 2.99 | 253 | 202 | 177 | 458 | 923 | 1,289 | 1,688 | 1,977 | 1,812 | 2,241 |
| OPM % | 20.0% | 0.7% | 33.1% | 26.1% | 24.0% | 36.1% | 40.0% | 43.1% | 40.0% | 38.0% | 35.0% | 39.5% |
| Other Income | 11.01 | 112 | 14.02 | 11.02 | 7.01 | 10.02 | 5.01 | 18.03 | 7.01 | 8.01 | 15.04 | 20.05 |
| Interest | 35.86 | 53.83 | 94.62 | 69.78 | 49.78 | 41.84 | 75.71 | 90.65 | 136 | 295 | 436 | 535 |
| Depreciation | 12.96 | 13.95 | 14.95 | 19.95 | 20.92 | 17.96 | 18.95 | 29.93 | 49.87 | 103 | 125 | 135 |
| Profit before tax | 52.18 | 48.16 | 160 | 125 | 114 | 412 | 839 | 1,197 | 1,521 | 1,599 | 1,277 | 1,602 |
| Tax % | 39.1% | 35.1% | 32.1% | 36.1% | 28.1% | 28.1% | 25.1% | 25.1% | 26.1% | 26.1% | 28.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | −8.02 | −3.01 | 0.00 | 7.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 31.99 | 30.96 | 108 | 79.92 | 81.92 | 297 | 624 | 889 | 1,125 | 1,171 | 915 | 1,154 |
| EPS (Rs) | 0.45 | 0.44 | 1.51 | 1.12 | 1.15 | 3.64 | 7.56 | 10.70 | 13.43 | 13.01 | 10.06 | 12.71 |
| Dividend payout % | 25.1% | 31.0% | 91.0% | 24.0% | 24.0% | 35.1% | 36.0% | 37.0% | 26.0% | 37.0% | 246.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.96 | 13.94 | 13.95 | 71.73 | 71.78 | 71.77 | 81.72 | 82.67 | 82.73 | 83.73 | 89.72 | 90.74 |
| Reserves | 332 | 356 | 376 | 404 | 460 | 520 | 1,050 | 1,505 | 2,081 | 2,959 | 5,542 | 6,036 |
| Borrowings | 334 | 359 | 774 | 1,128 | 874 | 492 | 1,174 | 1,260 | 789 | 2,548 | 3,422 | 7,973 |
| Other Liabilities | 296 | 411 | 643 | 768 | 807 | 1,109 | 2,515 | 4,390 | 4,542 | 7,695 | 7,871 | 9,874 |
| Total Liabilities | 976 | 1,141 | 1,808 | 2,371 | 2,214 | 2,193 | 4,822 | 7,237 | 7,496 | 13,286 | 16,926 | 23,973 |
| Fixed Assets | 121 | 122 | 123 | 116 | 134 | 124 | 115 | 152 | 187 | 409 | 499 | 505 |
| CWIP | 0.99 | 2.99 | 0.99 | 0.00 | 0.99 | 1.99 | 0.00 | 11.96 | 61.87 | 0.99 | 3.99 | 9.98 |
| Investments | 0.00 | 0.00 | 49.92 | 5.99 | 14.97 | 34.90 | 5.99 | 18.95 | 109 | 0.00 | 202 | 257 |
| Other Assets | 854 | 1,016 | 1,635 | 2,250 | 2,064 | 2,032 | 4,701 | 7,054 | 7,139 | 12,876 | 16,222 | 23,201 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 267 | 445 | 856 | 158 | 214 | 38.91 | 228 | 563 | 373 | 485 | 299 | 433 |
| Cash & equivalents | 357 | 437 | 616 | 924 | 982 | 1,408 | 1,871 | 4,858 | 5,468 | 9,801 | 11,757 | 16,495 |
| Total Assets | 976 | 1,141 | 1,808 | 2,371 | 2,214 | 2,193 | 4,822 | 7,237 | 7,496 | 13,286 | 16,926 | 23,973 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 11.01 | −76.95 | −210 | −309 | 689 | 643 | −1,198 | 558 | 804 | −330 | −1,861 | −4,143 |
| Cash from investing activity | −7.01 | −13.02 | −50.03 | 47.08 | −6.01 | −28.04 | 25.04 | −52.11 | −185 | −91.17 | −341 | −111 |
| Cash from financing activity | 2.01 | 40.05 | 350 | 239 | −361 | −449 | 895 | −165 | −909 | 1,332 | 1,920 | 3,659 |
| Net cash flow | 4.98 | −50.81 | 90.71 | −22.93 | 322 | 166 | −279 | 339 | −288 | 908 | −283 | −595 |
| Capex | 11.02 | 17.05 | 12.04 | 7.02 | 12.03 | 13.04 | 14.04 | 70.20 | 114 | 209 | 164 | 81.21 |
| Free cash flow | 0.00 | −93.79 | −222 | −315 | 676 | 629 | −1,210 | 487 | 702 | −536 | −2,019 | −4,213 |
| CFO / OP % | 28.0% | −109.1% | −6,159.1% | −100.0% | 363.9% | 378.0% | −239.1% | 84.0% | 84.0% | 3.0% | −73.1% | −209.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 218 | 361 | 712 | 75 | 101 | 19 | 64 | 90 | 45 | 42 | 21 | 31 |
| Cash conversion cycle | 218 | 361 | 712 | 75 | 101 | 19 | 64 | 90 | 45 | 42 | 21 | 31 |
| Working capital days | 123 | 120 | −342 | −283 | 128 | −379 | −234 | −568 | −473 | −524 | −496 | −591 |
| ROCE % | — | 12.0% | 11.0% | 17.9% | 13.0% | 13.9% | 26.9% | 35.0% | 44.0% | 39.0% | 26.0% | 15.0% |
For the Sep 2026 quarter, Angel One reported sales of ₹1,432 Cr, up 18.6% year on year and net profit of ₹335 Cr, up 58.0% year on year. The operating margin was 45.0%.
Angel One's sales for the year to Mar 2026 were ₹5,156 Cr; over the last twelve months they were ₹5,672 Cr.
Net profit for the year to Mar 2026 was ₹915 Cr, and ₹1,154 Cr over the last twelve months. Earnings per share over the same trailing period were ₹12.71.
Angel One reported borrowings of ₹7,973 Cr at Mar 2026, against cash and equivalents of ₹16,495 Cr.
Cash from operations was −₹4,143 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹4,213 Cr.