Angel One Q1FY27 Results: Profit Doubles Year-On-Year To ₹231 Crore

Angel One posted a mixed set of numbers for the June quarter, with profit more than doubling compared to the same period last year but declining sharply from the preceding quarter as margins took a significant hit.

Consolidated net profit came in at ₹231 crore for Q1FY27, up from ₹114 crore in Q1FY26 but down 27.8% from ₹320 crore in Q4FY26. Revenue from operations rose 25.3% year-on-year to ₹1,430 crore from ₹1,141 crore but slipped 2.1% sequentially from ₹1,459 crore.

Angel One shares were trading at ₹338.55, down 1.41% on Thursday at around 1:13 PM.

Key Numbers

• Net profit: ₹231 crore, up 102% YoY, down 27.8% quarter-on-quarter (QoQ)

• Revenue from operations: ₹1,430 crore, up 25.3% year-on-year (YoY), down 2.1% QoQ

• Earnings before interest, taxes, depreciation, and amortisation (EBITDA): ₹485 crore, up 76.5% YoY, down 19% QoQ

• EBITDA margin: 33.9%, up from 24% a year ago and down 710 basis points from 41% in Q4FY26

Where Growth Came From

The credit and wealth businesses delivered strong year-on-year numbers even as the core broking business faced sequential pressure:

• Average client funding book: ₹6,140 crore, up 45.9% YoY, a record high

• Credit distribution: ₹530 crore, up 129.7% YoY

• Wealth management asset under management (AUM): ₹13,440 crore, up 165.3% YoY with over 2,400 clients

• Asset management AUM: ₹620 crore, up 81.4% YoY

• Unique SIPs registered: 1.7 million, down 10.3% YoY

Dividend Declared

The board declared the first interim dividend for FY27 at ₹1 per equity share. The record date is 21 July 2026, and payment will be made on or before 14 August 2026.

Management View

Chairman and Managing Director Dinesh Thakkar said deeper user engagement is improving monetisation opportunities and customer lifetime value. He described the quarter as reflecting disciplined execution of the company's strategy to build India's most trusted fintech platform across every stage of a user's financial journey.

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