Angel One client base grows 19.5% YoY in May 2026
Angel One reported a 19.5% year-on-year increase in its client base to 38.17 million for May 2026, driven by continued platform engagement. The average client funding book surged 57.5% year-on-year to ₹63.09 billion, reaching an all-time high, while average daily orders rose 18.5% year-on-year to 6.86 million.

*this image is generated using AI for illustrative purposes only.
Angel One reported a 19.5% year-on-year increase in its client base to 38.17 million for May 2026, driven by continued platform engagement. The average client funding book surged 57.5% year-on-year to ₹63.09 billion, reaching an all-time high, while average daily orders rose 18.5% year-on-year to 6.86 million. The company disclosed these key business parameters for May 2026 in a regulatory filing dated June 04, 2026.
Business Performance Overview
The broker's operational metrics showed mixed trends during the month. The number of orders declined 4.0% month-on-month to 130.35 million, though this represented a 7.2% increase compared to May 2025. Gross client acquisition moderated by 9.7% month-on-month to 0.42 million and fell 16.7% year-on-year. Unique mutual fund SIPs registered stood at 584,510, down 7.0% year-on-year but up 1.4% month-on-month.
Turnover and Market Share
Angel One's Average Daily Turnover Over (ADTO) based on notional turnover dipped 0.4% month-on-month to ₹52,006 billion, while the F&O segment declined 0.2% to ₹49,814 billion. However, ADTO based on option premium turnover jumped 141.3% year-on-year to ₹2,355 billion. In terms of market share, the company's F&O share based on option premium turnover expanded 11 basis points month-on-month to 22.4%, while cash and commodity market shares saw some moderation.
Key Operational Metrics
| Particulars | May '26 | Apr '26 | May '25 | M-o-M Growth (%) | Y-o-Y Growth (%) |
|---|---|---|---|---|---|
| Client Base (Mn) | 38.17 | 37.79 | 31.95 | 1.0% | 19.5% |
| Avg Client Funding Book (₹ Bn) | 63.09 | 53.13 | 40.05 | 18.8% | 57.5% |
| Number of Orders (Mn) | 130.35 | 135.75 | 121.55 | -4.0% | 7.2% |
| Average Daily Orders (Mn) | 6.86 | 6.79 | 5.79 | 1.1% | 18.5% |
The information was reviewed by the management team, and Angel One intends to provide these updates on a monthly basis.
Historical Stock Returns for Angel One
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.31% | -0.65% | +8.44% | +25.37% | +7.78% | +320.86% |
Will the surge in the average client funding book continue to drive revenue growth despite the moderation in client acquisition?
How might the decline in cash and commodity market shares impact Angel One's overall revenue diversification strategy?
What strategies could Angel One employ to reverse the recent slowdown in gross client acquisition and mutual fund SIP registrations?


































