Angel One disclosed key business parameters for September 2026 and Q2FY27, reporting a client base of 39.98 Mn, up 17.3% YoY, with the average client funding book expanding 41.7% YoY to ₹78.71 Bn.

Monthly performance: September 2026

Angel One's monthly metrics for September 2026 reflect mixed trends across trading activity and client acquisition. Gross client acquisition fell 17.1% YoY to 0.45 Mn, while the number of orders reached 122.29 Mn, down 4.1% YoY. Average daily orders stood at 5.82 Mn, nearly flat YoY at 0.4% growth. Unique MF SIPs registered declined 25.3% YoY to 587.45 thousand.

The following table summarises the key monthly business parameters:

ADTO and market share: September 2026

On a notional turnover basis, overall ADTO stood at ₹44,879 Bn in September 2026, down 6.9% YoY but up 8.4% MoM. F&O ADTO on notional turnover was ₹42,205 Bn, down 9.6% YoY. Commodity ADTO rose sharply, up 86.4% YoY to ₹2,600 Bn, while cash ADTO declined 2.8% YoY to ₹74 Bn.

Retail turnover market share based on option premium turnover for overall equity stood at 19.6%, down 101 bps YoY. F&O market share improved 66 bps YoY to 22.5%. Cash turnover market share fell 275 bps YoY to 16.2%, while commodity turnover market share contracted 2264 bps YoY to 41.7%.

Quarterly performance: Q2FY27

For Q2FY27, Angel One's client base stood at 39.98 Mn, up 17.3% YoY and 3.6% QoQ. Gross client acquisition reached 1.49 Mn, up 11.6% QoQ but down 14.1% YoY. The average client funding book expanded 40.5% YoY and 21.4% QoQ to ₹74.53 Bn. Unique MF SIPs registered totalled 1,929.89 thousand, down 19.0% YoY but up 11.8% QoQ.

Q2FY27 ADTO and market share

On a notional turnover basis, overall ADTO for Q2FY27 was ₹45,134 Bn, nearly flat YoY at 0.1% growth and down 13.9% QoQ. F&O ADTO on notional turnover stood at ₹42,617 Bn, down 2.8% YoY. Commodity ADTO rose 105.5% YoY to ₹2,438 Bn. Cash ADTO grew 7.4% YoY to ₹79 Bn.

Overall equity retail market share based on option premium turnover was 19.7%, down 76 bps YoY. F&O market share stood at 22.1%, up 43 bps YoY. Cash turnover market share declined 191 bps YoY to 16.8%, while commodity turnover market share contracted 2115 bps YoY to 44.0%.

The data was filed with exchanges on October 6, 2026, and is based on a limited review by the management team. Angel One intends to provide these updates on a monthly basis.

Angel One will host an earnings call on October 16, 2026, to discuss its financial results for the quarter and half-year ended September 30, 2026. The event aims to provide clarity on the broker’s performance during the period.

The Board of Directors met on October 15, 2026, to consider and approve the unaudited standalone and consolidated financial results with a limited review. This action was taken pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Earnings Call Details

The conference call is scheduled for Friday, October 16, 2026, at 11:00 am. Participants can join via direct dial-in or through operator assistance. The transcript will be available on the company’s website post-event.

Trading Window Closure

In compliance with Listing Regulations, the trading window for equity shares remains closed from October 1, 2026. It will reopen 48 hours after the declaration of the financial results. This restriction applies to all insiders until the results are publicly disclosed.