Angel One Client Base Grows 18.8% YoY in June 2026; Active Clients Dip

3 min read     Updated on 09 Jul 2026, 01:18 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Angel One reported an 18.8% YoY rise in its overall client base to 38.59 Mn in June 2026, with the average client funding book reaching a record ₹67.83 Bn. However, active client numbers fell by over 50,000 during the month, per Entrackr, and gross client acquisition declined 17.5% YoY. Option premium ADTO surged 172.7% YoY to ₹3,004 Bn, while commodity turnover market share rose to 52.0%.

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Angel One reported a business update for June 2026 and the first quarter of FY27, highlighting growth in its overall client base and funding book alongside shifts in market share across segments. The company's average client funding book reached a record high of ₹67.83 Bn in June 2026, reflecting the continued expansion of its margin funding business. However, according to data reported by Entrackr, the number of active clients declined by over 50,000 during the month. While cash market share improved sequentially, commodity market share moderated due to overall market expansion and a shift in product mix.

Operational Performance

The overall client base grew 18.8% year-on-year to 38.59 Mn in June 2026, up from 32.47 Mn in the same period last year. Sequentially, the client base increased 1.1% from 38.17 Mn in May 2026. Despite this headline growth, active client numbers fell by over 50,000 during June, as reported by Entrackr, pointing to a moderation in engaged user activity. Gross client acquisition also declined 17.5% YoY to 0.45 Mn. The number of orders for the month stood at 140.04 Mn, a 21.8% YoY increase and a 7.4% rise from the previous month.

Average daily orders decreased 2.8% month-on-month to 6.67 Mn, though they remained above the June 2025 average, indicating sustained overall client engagement. The table below details the operational metrics for June 2026:

Particulars Jun '26 May '26 Jun '25 M-o-M Growth (%) Y-o-Y Growth (%)
No. of Trading Days 21 19 21 10.5% 0.0%
Client Base (Mn) 38.59 38.17 32.47 1.1% 18.8%
Gross Client Acquisition (Mn) 0.45 0.42 0.55 8.3% -17.5%
Avg Client Funding Book (₹ Bn) 67.83 63.09 47.08 7.5% 44.1%
Number of Orders (Mn) 140.04 130.35 114.95 7.4% 21.8%
Average Daily Orders (Mn) 6.67 6.86 5.47 -2.8% 21.8%

Turnover and Market Share

Angel One's Average Daily Turnover (ADTO) based on option premium surged 172.7% YoY to ₹3,004 Bn in June 2026, driven by a 27.6% month-on-month increase. Commodity ADTO also saw significant growth, rising 211.3% YoY to ₹2,771 Bn. ADTO based on notional turnover increased 1.8% month-on-month to ₹52,943 Bn, remaining 51.3% higher than the previous year.

In terms of market share, retail turnover based on option premium for overall equity stood at 19.8% in June 2026, up 23 basis points YoY. Cash turnover market share fell to 16.9% from 17.5% in May 2026. Conversely, commodity turnover market share rose to 52.0% from 48.6% in May 2026. The following table outlines the turnover metrics:

Particulars Jun '26 May '26 Jun '25 M-o-M Growth (%) Y-o-Y Growth (%)
Overall ADTO - Notional (₹ Bn) 52,943 52,006 34,995 1.8% 51.3%
F&O ADTO - Notional (₹ Bn) 50,086 49,814 34,020 0.5% 47.2%
Overall ADTO - Option Premium (₹ Bn) 3,004 2,355 1,102 27.6% 172.7%
Cash ADTO (₹ Bn) 86 95 85 -9.0% 0.9%
Commodity ADTO (₹ Bn) 2,771 2,097 890 32.1% 211.3%

The information was reviewed by the management team. Angel One intends to provide these updates on a monthly basis.

Historical Stock Returns for Angel One

1 Day5 Days1 Month6 Months1 Year5 Years
+2.16%-2.65%-9.89%+17.26%+12.81%+150.95%

What strategies will Angel One implement to reverse the decline in active clients and improve gross client acquisition?

How will the surge in the average client funding book impact the company's risk management profile and bad debt provisions?

Will the shift in product mix towards commodities and options premium drive a change in revenue composition or margin profiles?

Angel One board to consider interim dividend for FY27

0 min read     Updated on 09 Jul 2026, 06:28 AM
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Reviewed by
Riya DScanX News Team
AI Summary

Angel One's board will meet on July 15, 2026, to consider the first interim dividend for FY27, with the record date set for July 21, 2026. The trading window for equity shares is closed from July 1, 2026, until 48 hours after the unaudited financial results for the quarter ended June 30, 2026, are declared, in compliance with SEBI regulations.

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Angel One will consider the declaration of its first interim dividend for the financial year 2026-27 during a board meeting scheduled for July 15, 2026. The company has fixed Tuesday, July 21, 2026, as the record date to determine shareholders eligible to receive the dividend, subject to the board's approval. This disclosure was made pursuant to Regulation 29 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates and Details

Event Date
Board Meeting July 15, 2026
Record Date July 21, 2026
Financial Year 2026-27

In a separate procedural update, Angel One informed the exchanges that the trading window for its equity shares remains closed. The window shut on July 1, 2026, and will stay shut until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and amendments made to the Listing Regulations.

The intimation was signed by Naheed Rehan Patel, Company Secretary and Compliance Officer of Angel One Limited.

Historical Stock Returns for Angel One

1 Day5 Days1 Month6 Months1 Year5 Years
+2.16%-2.65%-9.89%+17.26%+12.81%+150.95%

What is the expected dividend payout ratio, and how will it impact Angel One's capital allocation strategy for FY 2026-27?

How might the interim dividend announcement influence investor sentiment and stock volatility once the trading window reopens?

What are the projections for Angel One's Q1 FY 2026-27 earnings, given the concurrent closure of the trading window for financial results?

More News on Angel One

1 Year Returns:+12.81%