Angel One Limited (NSE:ANGELONE) reported improved financial performance for the quarter and financial year ended March 31, 2026, supported by growth in client base, strong trading activity, and expansion across wealth, credit, and asset management businesses. The company continued to benefit from its diversified fintech platform and rising participation in India’s equity markets.

Q4FY26 Financial Performance

During Q4FY26, Angel One Limited (NSE:ANGELONE) reported total income of INR 14,672 million, reflecting a 38.7% year-on-year increase, driven by higher interest income and sustained broking activity. Profit Before Tax (PBT) stood at INR 4,399 million, compared with INR 2,357 million in Q4FY25, indicating improved profitability supported by higher operational leverage.

Profit After Tax (PAT) for Q4FY26 rose to INR 3,202 million, marking an 83.5% year-on-year growth, reflecting strong growth in client activity and platform engagement. Expenses remained elevated due to branding initiatives and acquisition-related costs, including IPL marketing investments.

Quarterly EBDAT reached INR 4.7 billion, while PAT stood at INR 3.2 billion, supported by improved trading volumes and platform monetization.

FY26 Annual Performance Highlights

For FY26, Angel One Limited (NSE:ANGELONE) reported total income of INR 51,522 million, compared with INR 52,477 million in FY25, reflecting modest moderation amid regulatory adjustments and market volatility. Profit After Tax for FY26 stood at INR 9,151 million, compared with INR 11,721 million in FY25.

The company’s total client base expanded to 37.4 million, registering 4.7% quarter-on-quarter growth, supported by strong digital onboarding and rising investor participation. The company also recorded 1.8 million gross client acquisitions during the quarter, highlighting sustained customer growth momentum.

Assets Under Management (AUM) in the wealth segment increased to INR 100.8 billion, while mutual fund AUM reached INR 3.6 billion, reflecting continued growth in non-broking revenue streams.

Key Business Highlights

Angel One Limited (NSE:ANGELONE) continued to strengthen its digital financial ecosystem, offering services across broking, wealth management, lending, asset management, and insurance. The company currently offers over 21 financial products through its integrated platform, enabling diversified revenue generation and deeper client engagement.

The broking business remained a key revenue driver, supported by strong trading activity. During Q4FY26, the platform recorded 431 million total orders, reflecting robust client participation and improved engagement across equity and derivatives segments.

Additionally, the company expanded its credit business, achieving cumulative credit disbursements of INR 27.1 billion, supported by partnerships with multiple lenders and AI-driven credit scoring systems. The mutual fund distribution business also continued to scale, with over 3.4 million mutual fund clients onboarded on the platform.

Technical Analysis

Shares of Angel One Limited (NSE:ANGELONE) recorded a notable upward movement following the earnings announcement, opening near INR 302.00 and touching a high of INR 322.90 during the session. The stock has moved above its 50-day Simple Moving Average, indicating improved near-term momentum, while the RSI near 78 signals elevated strength with potential near-term overbought conditions. Immediate support is placed at INR 300–305, whereas resistance is expected around INR 330–335 levels.

Outlook

Angel One’s expanding client base, diversified product offerings, and increasing participation in India’s financial markets position the company favorably for continued growth. While regulatory changes and market volatility remain key variables, the company’s focus on digital innovation, ecosystem expansion, and cross-selling opportunities may support steady operational performance in the coming quarters.

Conclusion

Angel One Limited (NSE:ANGELONE) delivered improved quarterly performance supported by strong client growth, expanding product offerings, and rising platform engagement. Continued investment in technology and ecosystem expansion positions the company to benefit from increasing retail participation in financial markets, while maintaining focus on operational efficiency and diversified revenue streams.