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Prices as of 8 Oct 2026 close · Not investment advice

Angel One Limited

NSE: ANGELONEStockbroking & Allied

Share price

₹295.00

-2.32% close of 8 Oct 2026

Market cap ₹26,845 CrP/E 26.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

50

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹26,845 Cr

P/E ratio

26.0

P/B ratio

4.4

ROCE

14.8%

ROE

15.6%

Dividend yield

1.3%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹354.8052-week low ₹213.07

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 9.1% over the past year, and 38.4% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 39.7% to 37.3% over the last four years.

Whether it grew faster than its sector

It grew 38.4% a year against a sector median of 16.0% — 22.4 percentage points faster.

Room to re-rate, or risk of de-rating

At 26.0× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 30.7×, across 5 companies. It is against its own five-year median of 21.5×, the 72nd percentile of its own range.

Whether growth justifies the valuation

Priced at 26.0 times its growth rate, on earnings growth of 1%.

Profit growthPrice per ₹1 profitPer 1% growth
Angel One Limited — this one1%/yr26.0×₹26.0
Billionbrains Garage Ventures Limited66%/yr49.3×₹0.75
Motilal Oswal Financial Services Limited26%/yr30.7×₹1.2
360 ONE WAM LIMITED23%/yr33.8×₹1.5
Nuvama Wealth Management Limited51%/yr28.9×₹0.57
IIFL Capital Services Limited22%/yr18.7×₹0.85

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Stockbroking & Allied), it ranks 11 of 31 on returns, 3 of 31 on growth, 16 of 31 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 14.8% on capital, ahead of 65% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹4970 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹1258 crore to ₹7951 crore. And the profit is not backed by cash: it reported a profit over 12 years and consumed cash from the business. Its cash comes back faster than it used to: it went from being paid 569 days before it paid its own suppliers to paid 592 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

Not enough filed accounts to run these checks yet.

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹26,845 Cr
Prev close
₹295.00
52w High
₹360
52w Low
₹209
Enterprise value
₹18,468 Cr
Beta
1.7
Price CAGR 1y
34.0%
Price CAGR 3y
15.0%
Price CAGR 5y
17.0%
Price CAGR 10y
—

Ratios

Return on assets
3.8%
PEG ratio
26.3
P/E ratio
26.0
P/B ratio
4.4
EV / EBITDA
19.2
Industry P/E
20.7
ROCE
14.8%
ROCE 5y average
31.8%
ROE
15.6%
Debt / Equity
1.3
Interest coverage
3.9
Dividend yield
1.3%
ROE 3y average
25.0%
ROE last year
16.0%

Annual P&L

Annual revenue
₹5,138 Cr
Annual profit
₹915 Cr
Operating margin
35.0%
Net profit margin
17.8%
EBITDA margin
35.4%
Sales growth 3y
19.6%
Sales growth 5y
31.9%
Profit growth 3y
1.0%
Profit growth 5y
25.0%
EPS
₹10.1
Sales growth TTM
9.0%
Profit growth TTM
4.0%
Dividend payout
246.0%

Quarter P&L

Sales latest quarter
₹1,430 Cr
Profit latest quarter
₹231 Cr
YoY quarterly sales growth
25.4%
YoY quarterly profit growth
102.6%
OPM latest quarter
33.9%

Balance Sheet

Book Value
₹67.2
Face Value
₹1.0
Total debt
₹7,951 Cr
Total cash
₹16,560 Cr
Borrowings
₹7,951 Cr
Reserves / Equity
66.2

Cash Flow

Operating cash flow
-₹4,142 Cr
Free cash flow
-₹4,222 Cr
FCF yield
-17.4%
Net cash flow
-₹597 Cr

Shareholding

Promoter holding
28.6%
FII holding
13.8%
DII holding
20.3%
Public holding
37.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Billionbrains197.7550.91,24,0860.00735.094.31,501.466.037.3
Motil.Oswal.Fin.1,067.9032.764,7540.561,273.79.63,425.825.212.7
360 ONE1,063.0034.343,3411.13330.516.11,226.134.512.1
Nuvama Wealth1,825.9031.133,6841.52305.615.81,376.222.617.5
Angel One302.0026.927,7191.34231.4102.21,429.725.414.8
IIFL Capital346.8519.210,9410.86184.25.0631.52.321.1
Share India Sec.207.2712.54,5290.77124.447.5448.131.318.4
Median126.0921.21,0070.4312.523.091.925.213.3

Competes with: 360 ONE WAM LIMITED, 5Paisa Capital Limited, Aditya Birla Money Limited, Almondz Global Securities Limited, Anand Rathi Share and Stock Brokers Limited, Arihant Capital Markets Limited, Billionbrains Garage Ventures Limited, DB (International) Stock Brokers Limited, Dam Capital Advisors Limited, Dolat Algotech Limited, Emkay Global Financial Services Limited, Geojit Financial Services Limited, Hybrid Financial Services Limited, IIFL Capital Services Limited, Indbank Merchant Banking Services Limited, Indo Thai Securities Limited, Inventure Growth & Securities Limited, Keynote Financial Services Limited, Khandwala Securities Limited, LKP Securities Limited, Master Trust Limited, Monarch Networth Capital Limited, Motilal Oswal Financial Services Limited, Nuvama Wealth Management Limited, Onelife Capital Advisors Limited, SMC Global Securities Limited, Shardul Securities Limited, Share India Securities Limited, Steel City Securities Limited, Systematix Corporate Services Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8081,0481,0591,3571,4051,5151,2621,0561,1411,2021,3351,4591,430
Expenses487605661827935843766713866786806861945
Operating Profit320443398530470672496343275415529599485
OPM %40423839334439322435404134
Other Income4121512232384
Exceptional items (within Other Income)00000
Interest18263656567584808393127134129
Depreciation9111317232627293031323335
Profit before tax297407351459397572387236164294373440325
Tax %26252626262627263028282729
Net Profit221304260340293423281175114212269320231
EPS in Rs2.633.633.104.053.254.703.121.931.262.332.963.522.53
Diluted EPS in Rs1223293.442.46

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4504514407707787481,2892,2923,0024,2725,2385,1375,426
Expenses3393624375165755708281,3661,7082,5793,2563,3183,398
Operating Profit1129032542031784609261,2941,6931,9831,8202,028
OPM %25200.7033262436404340383537
Other Income11111121411710518781517
Exceptional items (within Other Income)0
Interest383654957050427691137296437483
Depreciation10131415202118193050103125130
Profit before tax7452481591241144108361,1921,5141,5921,2721,432
Tax %373935323628282525262628
Net Profit47323110880822976258901,1261,1729151,032
EPS in Rs3.272.212.161.501.111.143.637.541113131011
Diluted EPS in Rs9.85
Dividend Payout %1325319124243536372637246

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
28%
5 years
32%
3 years
20%
TTM
9%

Compounded profit growth

10 years
40%
5 years
25%
3 years
1%
TTM
4%

Stock price CAGR

10 years
—
5 years
17%
3 years
15%
1 year
34%

Return on equity

10 years
28%
5 years
29%
3 years
25%
Last year
16%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414727272828383849091
Reserves3323553754034595191,0491,5022,0782,9555,5316,027
Borrowings3333587721,1258724911,1711,2587882,5413,4147,951
Other Liabilities2954116417678051,1082,5114,3784,5287,6747,8539,835
Minority Interest31
Total Liabilities9741,1391,8032,3672,2092,1904,8147,2207,47813,25416,88923,904
Fixed Assets121122123116134124115152187409499505
CWIP131012012621410
Investments0050615356191090202257
Other Assets8521,0141,6302,2462,0592,0294,6937,0377,12012,84416,18423,132
Total Assets9741,1391,8032,3672,2092,1904,8147,2207,47813,25416,88923,904

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity11-77-210-309689643-1,199558804-330-1,860-4,142
Cash from Investing Activity-7-13-5047-6-2825-52-185-91-341-111
Cash from Financing Activity240350239-361-449894-165-9081,3311,9173,656
Net Cash Flow5-5191-23323166-280340-289910-284-597
Free Cash Flow-0-94-222-316678631-1,213488704-537-2,023-4,222

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2183617127510119649045422131
Cash Conversion Cycle2183617127510119649045422131
Working Capital Days122119-343-284127-380-235-569-474-525-497-592
ROCE %1211181314273544392615

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters383838363636362929292929
FIIs171917151214131513121314
DIIs109.329.49141314141615181920
Government000000000000.01
Public353335353936374043414037
No. of Shareholders1,31,8761,55,1942,00,3552,70,5283,81,3463,55,5984,02,1933,25,9653,83,5813,27,9943,59,2353,56,468

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +30.3% (₹226.46 → ₹295.00)Brick size ₹9.45 (fixed)Bricks 51
₹250₹350₹295Nov '25Jan '26Mar '26May '26Jul '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹295.00 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

cost-to-income %

75.31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

loan growth %

130pct

2026-06-30

total loans / revolving facilities outstanding at period end, the base of loan_default_cr

1,781cr

2026-06-30

own market share %

20.20pct

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,72,25,876inr

2026-03-31

return on assets %

4.49

News

News and filings about Angel One Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Sells products of

  • Lending partners (NBFCs and banks)
  • Third-party mutual fund AMCs

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Financial Services
Industry
Stockbroking & Allied
Classification
Financial Services › Stockbroking & Allied
ISIN
INE732I01021

News impact

Big market events that reach Angel One Limited, and how the effect spreads.

Who it hits first

  • A Motilal Oswal Alternates fund sold 23.28 lakh Molbio Diagnostics shares, over 2%, for Rs 306 crore at Rs 1315.01 each.
  • Molbio shares face near-term selling pressure as the market absorbs the extra supply.
  • The selling fund locks in cash and a realized return it can report to investors and redeploy.

Who may gain

  • Motilal Oswal Alternates fund investors, who get Rs 306 crore of realized cash back
  • Institutions that bought the block, if they picked up Molbio shares at a discount to the market price
  • No operating winner: demand for diagnostic tests and machines is unchanged by a share sale

Along the supply chain

Downstream

No downstream link: distributors, labs and hospitals buy diagnostic tests, not the fund's shares.

Upstream

No upstream supply link: a secondary share sale does not change what Molbio buys from parts or material makers.

Where demand moves

Business

No business demand shifts: hospitals and labs order the same Molbio machines and test cartridges the day after a shareholder sells stock.

Capital

Rs 306 crore of equity moves from the seller fund to block buyers; the fund books liquidity and eventual performance fees while Molbio shares digest the new supply.

How it spreads across sectors

Financial Services

Tiny and neutral for brokers: one Rs 306 crore fund realization does not move trading volumes or fees.

Healthcare

Neutral: a single-stock ownership change with no pricing, volume or policy readthrough to labs or device makers.

When it plays out

Immediate

Molbio stock wobbles for 1-7 days as the block supply settles and buyers are revealed.

Medium term

Within 1-6 months the episode fades; Molbio trades on test volumes and earnings, the fund on its next exits.

Short term

Over 1-4 weeks the price finds its level near the block price unless a big new holder keeps buying.

Who it hits first

  • Geojit Financial Services, the retail brokerage firm (stock trading accounts and investment advice), puts Jones George in as Managing Director (day-to-day boss).
  • Founder C J George, who started Geojit in 1987, stays on as Executive Chairman (guides strategy and stays involved), so control does not leave familiar hands.
  • The change is about who runs Geojit, not about new products, money raised, or rules for the industry.

Who may gain

  • Geojit shareholders get continuity plus a named successor, which steadies confidence without promising extra profit.
  • Geojit clients and branch staff see a planned handover rather than a sudden exit, so service should continue as normal.
  • No rival broker gains business from this move — clients do not switch trading accounts because a competitor changed its boss.

Along the supply chain

Downstream

No downstream delivery link — Geojit sells trading and advice directly to retail clients, and none of them receives anything new from this appointment.

Upstream

No upstream supply link — Geojit is a brokerage service firm with no goods suppliers in the pack, and appointing an MD buys no inputs.

Where demand moves

Business

No new business demand: nobody orders extra brokerage services because Geojit changed its MD; client trades and fee income stay driven by market activity, not this title change.

Capital

Small positive capital-flow tilt toward Geojit shares on continuity hopes, with investors watching the new MD's first steps; no money-flow reason for peers to move.

How it spreads across sectors

Financial Services

Neutral to mildly steady sentiment for broking peers; a single firm's planned succession is not an industry demand or rule change.

When it plays out

Immediate

1–7 days: Geojit shares react mildly to the succession headline; peers barely notice.

Medium term

1–6 months: Geojit's client growth and costs under the new MD decide whether the handover mattered; no lasting sector impact expected.

Short term

1–4 weeks: focus shifts to the new MD's first statements and any team changes; price effect fades without follow-through.

Who it hits first

  • India's competition watchdog (CCI) cleared Fairfax India to buy a bigger stake in IIFL Capital Services, a stockbroker that earns fees from trading and investing services.
  • The deal brings fresh money through new shares plus an open offer where small shareholders can sell their shares at a set price.
  • IIFL Finance, a separate lender sharing the IIFL brand, may get a small image boost but receives no direct money.

Who may gain

  • IIFL Capital Services shareholders, who get an open-offer exit and a stronger backer
  • IIFL Capital Services itself, which gains fresh funds and market trust for growth

Along the supply chain

Downstream

No direct customer chain shift — traders and investors face the same fees today; any benefit comes later if the new funds improve service.

Upstream

No direct supply-chain link — purely capital-flow event; the broker's tech and data vendors see no immediate order change.

Where demand moves

Business

No new customer orders yet — brokers gain only if Fairfax's money funds better apps and wider reach that later pulls in more traders.

Capital

Fresh equity flows into IIFL Capital Services via the new share issue, and the open offer puts cash in the hands of small shareholders who tender.

How it spreads across sectors

Financial Services

Mild positive mood for brokers as a big investor backs one of them, but no fee or volume lift for rivals like Groww, Angel One or Motilal Oswal.

When it plays out

Immediate

1–7 days: IIFL Capital Services shares react to the clearance and open-offer terms while rival brokers drift on mood.

Medium term

1–6 months: Fairfax funds support hiring and tech; any market-share gains for IIFL Capital show up in volumes.

Short term

1–4 weeks: open-offer timetable and price set the floor; focus shifts to dilution from the new share issue.

22 Sept, 20:57 IST · Market event · high impact

Aashish Agarwal joins 360 ONE WAM Group as CEO

Aashish Agarwal becomes CEO of wealth manager 360 ONE, likely helping its shareholders slightly while rival brokers see little change and no one is directly hurt.

Financial Services

Who it hits first

  • 360 ONE WAM, a wealth manager for rich families and big institutions, gets a new Group CEO in Aashish Agarwal.
  • The firm looks after over Rs 7.8 lakh crore and serves more than 8,900 families and institutions, so a leadership change draws investor attention.
  • No earnings, fees, or client money moves today — the impact is confidence and future growth hopes.

Who may gain

  • 360 ONE WAM shareholders — new CEO hope may lift mood and short-term buying.
  • 360 ONE clients and staff — steady leadership signal for a firm guarding large family wealth.
  • Rival wealth firms see no direct benefit — this hire does not send them clients or fees.

Along the supply chain

Downstream

No downstream supply change — clients still get the same wealth advice and fund services, only the top boss changes.

Upstream

No upstream supply link — a CEO hire at a wealth manager does not change what it buys from data, office, or tech suppliers.

Where demand moves

Business

Business demand barely moves — families and institutions do not hire a wealth manager because of one CEO headline; any client wins come months later if strategy improves.

Capital

Capital demand tilts positive for 360 ONE WAM — investors often buy a little on fresh CEO hope — while rival brokers see no extra investor money from this news.

How it spreads across sectors

Financial Services

Mild mood lift for wealth managers only — no fee, rule, or money-flow change for banks, insurers, or brokers.

When it plays out

Immediate

360 ONE WAM stock may see small buying on CEO hope; rivals stay flat as no business shifts.

Medium term

Real test is client asset growth and staff stability under the new leader; rivals react only if 360 ONE starts winning their clients.

Short term

Focus moves to the new CEO's first plans and client meets; price drifts back unless a clear growth message lands.

Who it hits first

  • Low-cost brokers face a possible 0.4% charge on money clients move into broking accounts via UPI, even when no trade is executed — a direct per-transfer cost on flat-fee business models
  • Groww (Billionbrains Garage Ventures) and Angel One are named as most exposed; brokers have asked regulators whether client-to-broker pay-ins count as merchant payments under the new MDR rules

Along the supply chain

Downstream

Retail traders sit downstream: either pay-ins stay free and brokers earn less, or clients face a small funding fee and trade less — either way a mild, short-lived drag on retail activity

Upstream

Negligible — brokers buy trading technology and compliance services, not physical inputs; UPI payment processors could see slightly lower volumes only if brokers steer clients to net-banking pay-ins

Where demand moves

Business

If brokers absorb the fee, broking profit per user shrinks with no volume change; if they pass it on, small investors fund accounts less often and trade less, so brokers see fewer orders and slightly lower turnover for a quarter

Capital

Mild rotation within Financial Services from pure discount brokers (Groww, Angel One, 5paisa) toward the MDR fee winners (banks, payment firms) or diversified financials until clarity emerges on whether broker pay-ins are covered

How it spreads across sectors

When it plays out

Immediate

1-7 days: sentiment overhang on discount brokers while clarity is awaited; -1 to -3% drift on Groww, Angel One, 5paisa likely

Medium term

1-6 months: one-time pricing reset absorbed; a carve-out for broker pay-ins would fully reverse the drag, while confirmation locks in a small permanent cost

Short term

1-4 weeks: regulator clarification on whether broker pay-ins attract MDR, plus Oct 15 go-live; brokers decide to absorb or pass through, Q3 margin commentary watched

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

21 Jul 2026interim₹1
27 Mar 2026interim₹1.75
26 Feb 2026split₹0
21 Jan 2026interim₹23
30 May 2025unspecified₹26
20 Mar 2025interim₹11
21 Jan 2025interim₹11
23 Jan 2024interim₹12.7

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
17 Apr 2026GRAVITON RESEARCH CAPITAL LLPBUY71,93,665₹308.58
17 Apr 2026GRAVITON RESEARCH CAPITAL LLPSELL71,93,665₹308.75

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.