Total gross revenue came in at Rs 1,467 crore, up 39% YoY and 10% quarter-on-quarter, reflecting improved trading volumes and platform engagement. EBDAT rose to Rs 473 crore, up 17% sequentially, while margins expanded to 41.7%, indicating strong operating leverage.
The quarter saw a rebound in client activity, with total orders rising to 43.1 crore, up 13% sequentially, marking a six-quarter high. The company’s client base expanded to 3.74 crore, while its share in India’s demat accounts rose to 16.7%.
Despite a slight dip in cash segment activity, derivatives and commodity segments saw strong growth, supporting overall order volumes.
Angel One continued to see traction beyond broking. Wealth management assets under management surged 23% sequentially to Rs 10,080 crore, while asset management AUM stood at Rs 360 crore. However, credit disbursals declined 14.7% sequentially, reflecting some moderation in lending activity.
The company’s asset management business remained small but growing, with AUM at Rs 360 crore, while mutual fund SIP registrations remained strong at 2.1 million during the quarter. However, credit disbursals declined 15% sequentially to Rs 610 crore, indicating some moderation in lending activity.Management attributed the strong performance to normalisation in client activity and increased adoption of digital platforms, alongside continued investments in AI-led capabilities to improve customer experience and operational efficiency.Angel One is positioning itself as a full-stack digital financial platform, expanding beyond broking into wealth, asset management, and credit, supported by technology-led innovation.
