Angel One has reported strong performance metrics for January, demonstrating significant growth across key business parameters. The brokerage firm's client funding book and customer base both registered substantial year-over-year increases, reflecting robust business momentum.

Financial Performance Highlights

The company's client funding book reached ₹61.18 billion in January, representing a notable expansion in its lending operations. This growth trajectory indicates strong demand for margin funding services among the company's client base.

Client Base Expansion

Angel One's client base has grown to 36.39 million, marking a 20.8% increase compared to the previous year. This expansion demonstrates the company's ability to attract and retain customers in the competitive brokerage market. The steady growth in client numbers provides a solid foundation for future business development and revenue generation.

Business Momentum

The dual growth in both client funding book and customer base indicates strong operational performance across Angel One's core business segments. The 45.7% year-over-year increase in the funding book suggests enhanced client engagement and increased utilization of margin trading facilities. Meanwhile, the expansion of the client base by over 7 million customers year-over-year reflects the company's effective customer acquisition strategies and market penetration efforts.

Angel One Limited's Loan, Investment and Borrowings Committee has successfully concluded its meeting and approved the comprehensive terms for Non-Convertible Debentures (NCDs) worth ₹50 crore. The committee meeting, held on February 03, 2026, finalized all key parameters for the private placement of 5000 secured NCDs.

Committee Meeting Outcome

The committee meeting, which commenced at 02:00 p.m. and concluded at 02:20 p.m., approved the issuance of Senior, Rated, Secured, Redeemable, Listed NCDs on a private placement basis to eligible investors. This approval follows the company's earlier regulatory intimations dated January 15, 2024, and January 29, 2026.

Security and Charge Structure

The NCDs will be secured by a first pari-passu charge by way of hypothecation over all present and future trade receivables and loans in the form of margin trading facilities of the company. The security cover is maintained at 1.00 times to be sustained on the outstanding amounts throughout the tenor of the NCDs.

Default Protection Mechanism

In case of default in payment of outstanding principal amounts or coupon on the relevant due date, the company has agreed to pay additional interest rate of 2% per annum above the coupon rate on the outstanding principal amounts. This additional interest will apply from the date of default occurrence until the default is cured or the NCDs are fully redeemed.

Regulatory Compliance

The NCD issuance maintains full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been provided pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring proper regulatory disclosure and investor protection measures.

Market Positioning Strategy

The approved NCDs will be listed on the Wholesale Debt Market Segment of the National Stock Exchange of India Limited, providing institutional and eligible investors with liquidity options and transparent price discovery. The 8.75% coupon rate reflects competitive market positioning while the 18-month tenure offers medium-term investment opportunity for debt investors.