Introduction
Angel One Limited, India’s leading retail stockbroking and financial services company, will announce its financial results for the quarter ended June 30th 2025. The Board of Directors meeting will take place on 16th July 2025 to consider and approve such financial statements.
Investors and shareholders are eagerly waiting for this announcement since it will reflect Angel One’s performance in the first quarter of FY2025–26, especially after the elections and healthy retail participation trends.
About Angel One Limited
Angel One Limited, a hitherto familiar firm with the name Angel Broking Limited, is a retail broking firm that is a full-service broker in India. Since its founding in 1996, it has been a prominent name when it comes to commodity and Indian equity markets. It provides the following services:
• Online trading in equities, commodities, derivatives, and currencies
• Mutual fund investment
• IPO application
• Portfolio management service
• Research and advisory tools
• Margin trading and Demat accounts
Angel One has managed to successfully transition to becoming a technology-driven financial platform, extending easily to Tier II and Tier III cities thanks to its robust digital presence.
Historical Financial Performance: A Quick Glance
Let’s have a quick look at Angel One’s recent quarter’s performance before we proceed to the next results:
🔹 Q4 FY25 Key Highlights:
• Total Income: ₹860.74 crore
• Net Profit: ₹268.93 crore
• EBITDA Margin: 41.6%
• Client base: More than 2 crore active clients
• Market Share: 13.2% active NSE clients
These strong numbers in Q4 FY25 served as good groundwork for FY26, and expectations are running high for Q1.
Key Expectations in Q1 FY26
As per market analysts and internal estimates, the following key numbers are expected in Q1 FY26:
• Revenue growth of 8%–12% QoQ
• Profit margins would not be impacted since cost control will remain
• Client additions expected to exceed 8–9 lakh
• Equity delivery and F&O market share can see a small increase
Factors likely to affect Q1 performance:
• Retail trading volumes strong in April–June
• Client margin funding resulting in high interest income
• SIP and mutual fund investments seeing an increase
• Increased focus on the utilization of mobile apps
🌐 Industry Overview: Indian Broking Sector
India’s broking industry is undergoing a digital revolution. Traditional brick-and-mortar players are being replaced by mobile-first platforms, and Angel One is at the forefront of this transformation.
The Key Trends in the Broking Space:
• Unprecedented growth in Demat account openings
• Rise of discount broking platforms
• SEBI reforms making it more transparent
• Rise in retail participation in equity
Retail Participation: A Boon for Brokers
Retail investors own over 45% of the NSE’s daily trading volumes today. Angel One has surfed this trend with its ease to use mobile app and no-brokerage promotion on delivery trades.
The company’s focus on first-generation investors in tier-two cities has given it a clear competitive edge.
Angel One’s Tech and Digital Strategy????
Angel One launched a new-gen Super App in 2023 that integrates:
• Real-time charts
• AI-based stock recommendations
• Personalized investment recommendations
• Option trading platforms
• Portfolio health tracking
This mobile-first approach has driven client engagement and retention, especially among millennials and Gen Z investors.
Peer Comparison????
| Broker | Q4 FY25 Net Profit | Active Clients (NSE) | App Downloads |
|---|---|---|---|
| Angel One | ₹268.93 Cr | 2+ Crore | 1.5 Cr+ |
| Zerodha | ₹530 Cr* | 1.3 Cr | 1 Cr+ |
| Groww | ₹140 Cr* | 1 Cr+ | 90 Lakh |
| ICICI Direct | ₹312 Cr | 80 Lakh | 85 Lakh |
*Estimated
Angel One is a leader among India’s top digital brokers and continues to build its customer base.
Market Sentiment and Stock Performance????
Angel One’s stock has been strong with a strong upside in the previous one year. Investors are eagerly anticipating a good Q1, which could be a catalyst for additional growth.
Stock Trends:
• 52-week high: ₹3,420
• 52-week low: ₹1,820
• Current Price (as of July 15, 2025): ₹3,210
• P/E Ratio: 17.5
• Market Cap: ₹26,000+ Crore
Board Meeting & Corporate Governance????
The Board of Directors of Angel One is scheduled to meet on 16th July 2025. Apart from financial results, they may also discuss:
• Interim dividend declaration
• Future expansion plans
• Capital adequacy position
• Digital infra enhancement investments
This event is crucial for both retail and institutional investors tracking Angel One’s governance practices.
Regulatory Oversight: SEBI’s Role
Angel One operates under the watchful eyes of SEBI and complies with:
• Risk management norms
• Client fund segregation
• Transparent brokerage disclosures
• KYC and AML norms
Their compliance focus has helped to build investor confidence in a competitive, high-volatility broking environment.
⚠️ Dangers and Challenges
Even Angel One’s strong momentum has been countered by some headwinds:
• Intense price competition from discount brokers
• Regulatory tightening of leverage and margin funding
• Customers’ high acquisition expenses
• Volatility in market volumes impacting quarterly revenues
The company’s capability to manage these risks while innovating shall be a tipping point in the future.
FY26 Outlook: Bullish but Cautious
Analysts believe that Angel One can deliver 20–25% topline growth in FY26, supported by:
• Wealth tech growth
• Strategic alliances with fintech platforms
• Long-term investment products focus
• AI customer servicing solutions
If Q1 performance is inline with street estimates, the stock can see increased institutional buying.
Shareholding Pattern
As on June 2025:
• Promoter Holding: 37.85%
• FIIs: 24.10%
• DIIs: 18.25%
• Retail & Others: 19.80%
A decent promoter and institutional holding reflects faith in the business.
Expert Opinions????
“Angel One has built a moat with its digital-first approach and Tier-II focus. If the Q1 results are anywhere near Q4’s, we’re looking at a potential stock breakout,”
— Rakesh Kulkarni, Senior Analyst, Motilal Oswal
“With consistent client additions and robust profit margins, Angel One is among the top picks in the financial services space,”
— Nisha Kapoor, Fund Manager, Kotak Mutual Fund
✅ Conclusion
Angel One Limited is a household name in Indian broking, thanks to its digital thrust, customer trust, and sustainable profitability. With the firm to report Q1 FY26 results on 16th July 2025, all eyes will be on if it can beat or equal market estimates.
With increasing retail participation, strong brand recall, and technology-based platform, Angel One’s growth story seems long from over.
For investors, it could be a milestone in the sense of interpreting the future of the company and of the overall broking industry in India.
📉 NSE & BSE Performance
Angel One is listed on both the NSE and BSE. Its NSE listing provides high liquidity and visibility to investors.
🔗 Check Real-time Price: Angel One on NSE
