Angel One Reports 79% Sequential Profit Jump in Q2 Results, Approves GIFT City Business Unit

Angel One , a leading Indian FinTech platform, has announced its unaudited consolidated financial results for the quarter ended September 30, showcasing robust growth across key metrics. The company's Board of Directors has also approved the establishment of a business unit in GIFT City, Gandhinagar, Gujarat, subject to regulatory approvals.

Financial Highlights

Angel One demonstrated strong financial performance in Q2:

Metric	Q2	Q1	QoQ Growth
Consolidated Total Net Revenues	9,410.00	8,913.00	5.6%
Consolidated EBDAT	3,246.00	1,944.00	67.0%
Consolidated Profit After Tax	2,117.00	1,145.00	85.0%
EBDAT Margin	34.5%	21.8%	12.7 pp

The company's adjusted EBDAT, which accounts for IPL-related expenses in Q1, grew by 6.1% quarter-on-quarter to ₹3,246.00 million, with the adjusted EBDAT margin improving slightly from 34.3% to 34.5%.

Notably, Angel One reported a significant 78.8% sequential increase in net profit to ₹294 crore. Total income rose 5.3% quarter-on-quarter to ₹1,056 crore.

Operational Performance

Angel One continued to expand its market presence and client base:

Total client base grew to 34.1 million, a 4.9% increase quarter-on-quarter
Gross client acquisition reached 1.7 million, up 12.2% from the previous quarter
NSE active client base expanded to 6.9 million, a 5.9% quarterly growth
Market share in retail overall equity turnover increased by 71 basis points to 20.5%

The brokerage processed 36 crore total orders, up 5% from the previous quarter's 34.4 crore. F&O orders jumped 7.2% while cash orders declined 2.2%.

Business Segment Highlights

Broking

Average client funding book reached ₹53.10 billion in Q2

Emerging Businesses

Unique SIPs registered grew by 23.8% QoQ to 2.4 million
Credit disbursal nearly doubled to ₹4.60 billion

Wealth Management

AUM increased by 21.3% QoQ to ₹61.40 billion
Client base expanded to over 1,250

Asset Management

Launched two new offerings, bringing the total to seven schemes
AUM grew 16.8% QoQ to ₹4.00 billion

GIFT City Expansion

The Board's approval to set up a business unit in GIFT City marks a strategic move for Angel One, potentially opening new growth avenues. This expansion aligns with the company's vision to lead India's FinTech evolution and empower long-term wealth creation.

Management Commentary

Dinesh Thakkar, Chairman & Managing Director of Angel One, commented on the results: "Fintech platforms like us are reshaping how India invests, borrows and builds wealth. Our AI-driven platform bridges the formal and informal financial worlds, delivering personalized journeys at scale."

Ambarish Kenghe, Group CEO, added: "We continue to strengthen client engagement through technology, data and design. AI is at the core of this transformation. Our in-house built chatbot, Ask Angel, is now live, resolving more queries instantly and with higher accuracy." Kenghe also highlighted strong momentum across businesses with mutual fund SIPs reaching record highs and Ionic Wealth crossing ₹61 billion in AUM.

Angel One's strong Q2 performance and strategic initiatives demonstrate the company's commitment to innovation and growth in India's digital financial services landscape. The expansion into GIFT City and continued focus on AI-driven solutions position the company well for future success in the evolving FinTech sector.

Shares of Angel One closed 1.69% higher at ₹2,445.20 following the announcement of these results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.53%	+9.63%	+11.31%	+5.53%	-23.28%	+912.89%

Angel One , a leading fintech company in India, has reported significant growth in its client funding book and user base for September 2025, showcasing the company's strong performance in the financial services sector.

Key Highlights

Client funding book reached ₹55.53 billion, up 35.8% year-over-year
Client base expanded to 34.08 million, marking a 24.0% increase from the previous year
Average daily orders stood at 5.80 million

Detailed Performance Metrics

Angel One's latest business update reveals impressive growth across several key parameters:

Metric	Sep 2025	Sep 2024	Y-o-Y Growth
Client Base (Million)	34.08	27.49	24.0%
Avg Client Funding Book (₹ Billion)	55.53	40.89	35.8%
Number of Orders (Million)	127.57	156.68	-18.6%
Average Daily Orders (Million)	5.80	7.46	-22.3%

Market Share and Trading Activity

The company maintained a strong position in various market segments:

Segment	Market Share (Sep 2025)	Y-o-Y Change
Overall Equity	20.6%	+126 bps
F&O	21.8%	+110 bps
Cash Turnover	19.0%	+142 bps
Commodity Turnover	64.3%	+251 bps

Quarterly Performance (Q2 FY26)

Angel One also reported solid quarterly growth:

Client base grew by 4.9% quarter-on-quarter to 34.08 million
Average client funding book increased by 26.1% to ₹53.05 billion
Unique MF SIPs registered rose by 23.8% to 2.38 million

Analysis

The substantial growth in Angel One's client funding book and user base underscores the company's expanding market presence and the increasing adoption of its financial services. The 35.8% year-over-year increase in the average client funding book to ₹55.53 billion indicates growing trust among clients in utilizing Angel One's funding services.

While the number of orders and average daily orders showed a decline compared to the previous year, the company managed to maintain and even improve its market share across various segments. This suggests that Angel One has been able to retain its competitive position in the market despite fluctuations in trading volumes.

The quarterly performance further reinforces the company's growth trajectory, with significant increases in client base, funding book, and MF SIP registrations. These metrics point to Angel One's success in attracting and retaining clients while expanding its service offerings.

As the financial services landscape continues to evolve, Angel One's performance indicates its ability to adapt to market changes and capitalize on the growing demand for digital financial services in India.