Fortune India 500 2025 edition
Rank#447- Total income
- ₹5,248 Cr
- Profit
- ₹1,172 Cr
Last year #479
Angel One Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Listed - NSE: ANGELONE · BSE: 543235 Public Limited Company financial services Fortune India 500 · #447 Nifty 500
Market Cap
₹26,816 Cr
ANGELONE · NSE
Share Price
₹291.25
-0.67% today
Revenue
₹5,138 Cr
FY 2025-26 · -1.9% YoY
EBITDA
₹1,820 Cr
Margin 35.4%
Net Profit
₹915 Cr
FY 2025-26 · -21.9% YoY
P/E (TTM)
24.0x
P/B 4.2x
ROE
15.6%
ROCE 14.8%
Debt / Equity
0.97
Interest cover 25.8x
About Angel One Limited
Data last updated:
Angel One Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 08 August 1996 and has been in existence for over 30 years.
Angel One is ranked #447 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Dinesh D Thakkar and family are #579 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L67120MH1996PLC101709. Its GSTIN is 27AAACM6094R1ZP (Maharashtra). The company holds 23 GST registrations, of which 14 are active. Its shares are listed on BSE: 543235 and NSE: ANGELONE.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹91.33 Cr. It was formerly known as Angel Infin Private Limited and Angel Global Capital Private Limited. It is led by directors including Dinesh Dariyanumal Thakkar (Managing Director) and Ambarish Chintamani Kenghe (Whole-Time Director).
Its last annual general meeting (AGM) was held on 12 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 601 6th Floor Ackruti Star Central Road MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹5,137.68 Cr, a decline of 1.9% compared to the previous year. For the same year it recorded a net profit of ₹915.08 Cr (net margin 17.8%) and EBITDA of ₹1,819.89 Cr (EBITDA margin 35.4%). The net worth stands at ₹6,117.8 Cr (up 8.8% YoY). Total assets are valued at ₹14,100 Cr (up 55.8% YoY).
The company has about 328 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Angel One. As per MCA filings, the company has open charges of ₹13,162 Cr and satisfied charges of ₹9,410.61 Cr on record. Court records list 451 cases involving the company, including 349 filed by the company and 102 filed against it; 123 cases are pending. The company has 23 deals on record (14 secondary share transfers, 4 market trades, 3 funding rounds), with disclosed funding of ₹153.99 Cr; the latest was in May 2025. Its 3 peer companies in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 3 smaller; the largest is Kotak Securities Limited with revenue of ₹5,114.58 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website angelbroking.com.
Company details
CIN L67120MH1996PLC101709
Registration Number 101709
Incorporation Date 08 August 1996
ROC Mumbai
Listing Status Listed (BSE: 543235, NSE: ANGELONE)
Company Status Active
Date of Last AGM 12 June 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Angel One has undergone 5 name changes throughout its history. The current legal name is Angel One Limited.
| Company Name | Status |
|---|---|
| Angel One Limited | Current |
| Angel Infin Private Limited | Previous |
| Angel Global Capital Private Limited | Previous |
| Angel Broking Private Limited | Previous |
| Angel Broking Limited | Previous |
| M.Bnl.Securities Pvt Ltd | Previous |
CIN history
Angel One has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L67120MH1996PLC101709, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120MH1996PLC101709 | Current |
| U67120MH1996PLC101709 | Previous |
| U67120MH1996PTC101709 | Previous |
Key People
Dinesh Dariyanumal Thakkar Managing Director Ambarish Chintamani Kenghe Whole-Time Director Amit Pranab Kumar Majumdar Whole-Time Director Recognitions & Rankings of Angel One
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#196- Valuation
- ₹30,870 Cr
2023 #200 2022 #267 2021 #320
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #579 Dinesh D Thakkar & family ₹5,800 Cr
Stock market indices
Nifty 500 BSE 500
Contact details
Angel One Limited's registered office is in Mumbai, Maharashtra. Its website is angelbroking.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address601 6th Floor Ackruti Star Central Road MIDC Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Angel One Limited, buy the company report.
Comprehensive company report
Angel One Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Angel One operates one associated brand: Angel One. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based brokerage stock trading platform | angelone.in |
Business activity
The main business activity of Angel One is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Angel One Limited, buy the company report.
Financials of Angel One Limited
FY 2025-26 filings availableAngel One Limited reported revenue of ₹5,137.68 Cr (down 1.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹5,138 Cr
-1.9% YoY
EBITDA
₹1,820 Cr
-8.2% YoY
Profit After Tax
₹915 Cr
-21.9% YoY
Net Worth
₹6,118 Cr
+8.8% YoY
Total Assets
₹14,100 Cr
+55.8% YoY
Total Debt
₹7,951 Cr
+132.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,138 | 5,239 | 4,272 | 3,002 | 2,292 | 1,289 | 748 |
| Revenue growth | -1.9% | +22.6% | +42.3% | +31.0% | +77.9% | +72.4% | - |
| EBITDA | 1,820 | 1,983 | 1,693 | 1,294 | 926 | 460 | 178 |
| EBITDA margin | +35.4% | +37.9% | +39.6% | +43.1% | +40.4% | +35.7% | +23.8% |
| Profit before tax | 1,272 | 1,592 | 1,514 | 1,192 | 836 | 410 | 114 |
| Net profit | 915 | 1,172 | 1,126 | 882 | 625 | 300 | 90.43 |
| Net profit margin | +17.8% | +22.4% | +26.3% | +29.4% | +27.3% | +23.3% | +12.1% |
| EPS (₹) | 10.05 | 129.81 | 133.98 | 106.68 | 75.41 | 36.28 | 11.44 |
| Balance sheet | |||||||
| Total assets | 14,100 | 9,053 | 5,580 | 2,949 | 2,842 | 2,302 | 1,082 |
| Net worth | 6,118 | 5,621 | 3,039 | 2,162 | 1,584 | 1,131 | 591 |
| Total debt | 7,951 | 3,414 | 2,541 | 788 | 1,258 | 1,171 | 491 |
| Cash & bank | 16,560 | 11,804 | 9,844 | 5,491 | 4,875 | 1,877 | 1,414 |
| Net working capital | 8,225 | 4,675 | 3,702 | 1,590 | 1,300 | 1,049 | 635 |
| Cash flow | |||||||
| Cash from operations | (4,142) | (1,860) | (330) | 803 | 558 | (1,199) | 643 |
| Cash from investing | (111) | (341) | (91.05) | (185) | (52.35) | 24.80 | (28.13) |
| Cash from financing | 3,656 | 1,917 | 1,331 | (907) | (165) | 894 | (449) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,427 | 1,430 | 1,459 | 1,335 | 1,202 | 1,141 | 1,056 | 1,262 |
| Revenue growth (YoY) | +18.7% | +25.4% | +38.2% | +5.8% | -20.7% | -18.9% | - | - |
| Other income | 4.55 | 4.03 | 7.82 | 2.80 | 2.44 | 2.56 | 1.83 | 1.59 |
| EBITDA | 636 | 485 | 599 | 529 | 415 | 275 | 343 | 496 |
| EBITDA margin | +44.6% | +33.9% | +41.0% | +39.6% | +34.6% | +24.1% | +32.5% | +39.3% |
| Depreciation | 34.84 | 35.06 | 32.93 | 31.50 | 30.65 | 29.92 | 28.53 | 26.67 |
| Interest | 147 | 129 | 134 | 127 | 93.20 | 82.88 | 80.30 | 83.52 |
| Profit before tax | 458 | 325 | 440 | 373 | 294 | 164 | 236 | 387 |
| Tax | 124 | 93.27 | 120 | 105 | 82.27 | 49.96 | 61.20 | 106 |
| Net profit | 335 | 231 | 320 | 269 | 212 | 114 | 175 | 281 |
| EPS (₹) | 3.57 | 2.46 | 3.44 | 28.79 | 22.71 | 12.30 | 18.86 | 30.70 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,057 | 5,175 | 4,248 | 2,985 | 2,272 | 1,280 | 735 |
| Revenue growth | -2.3% | +21.8% | +42.3% | +31.4% | +77.4% | +74.1% | - |
| EBITDA | 1,913 | 2,019 | 1,699 | 1,285 | 913 | 449 | 179 |
| EBITDA margin | +37.8% | +39.0% | +40.0% | +43.1% | +40.2% | +35.1% | +24.4% |
| Profit before tax | 1,373 | 1,634 | 1,519 | 1,181 | 823 | 398 | 117 |
| Net profit | 1,023 | 1,216 | 1,133 | 874 | 615 | 291 | 87.07 |
| Net profit margin | +20.2% | +23.5% | +26.7% | +29.3% | +27.1% | +22.7% | +11.8% |
| EPS (₹) | 11.23 | 134.67 | 134.88 | 105.70 | 74.21 | 35.49 | 12.03 |
| Balance sheet | |||||||
| Total assets | 14,140 | 9,007 | 5,658 | 2,902 | 2,803 | 2,273 | 1,057 |
| Net worth | 6,202 | 5,598 | 3,000 | 2,115 | 1,546 | 1,102 | 569 |
| Total debt | 7,938 | 3,409 | 2,658 | 788 | 1,258 | 1,171 | 488 |
| Cash & bank | 16,443 | 11,552 | 9,501 | 5,482 | 4,872 | 1,851 | 1,375 |
| Net working capital | 8,098 | 4,422 | 3,358 | 1,579 | 1,295 | 1,020 | 598 |
| Cash flow | |||||||
| Cash from operations | (4,054) | (1,812) | (239) | 717 | 552 | (912) | 622 |
| Cash from investing | (95.06) | (151) | (553) | (97.92) | (39.17) | 1.63 | (3.72) |
| Cash from financing | 3,660 | 1,766 | 1,448 | (908) | (163) | 896 | (445) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,398 | 1,410 | 1,444 | 1,314 | 1,179 | 1,117 | 1,031 | 1,246 |
| Revenue growth (YoY) | +18.6% | +26.2% | +40.0% | +5.5% | -21.4% | -19.9% | - | - |
| Other income | 2.52 | 3.70 | 8.12 | 3.24 | 3.08 | 3.27 | 2.09 | 1.99 |
| Total expenses | 734 | 889 | 819 | 757 | 743 | 826 | 685 | 736 |
| EBITDA | 664 | 521 | 625 | 557 | 436 | 291 | 347 | 510 |
| EBITDA margin | +47.5% | +37.0% | +43.3% | +42.4% | +37.0% | +26.0% | +33.6% | +40.9% |
| Depreciation | 31.37 | 32.31 | 30.51 | 29.32 | 29.03 | 28.40 | 27.18 | 25.64 |
| Interest | 147 | 129 | 133 | 127 | 93.10 | 82.85 | 78.50 | 82.09 |
| Profit before tax | 488 | 364 | 469 | 404 | 317 | 183 | 243 | 404 |
| Tax | 121 | 92.83 | 118 | 103 | 80.77 | 48.68 | 62.89 | 103 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,427 | 1,430 | 1,459 | 1,335 | 1,202 | 1,141 | 1,056 | 1,262 |
| Revenue growth (YoY) | +18.7% | +25.4% | +38.2% | +5.8% | -20.7% | -18.9% | - | - |
| Other income | 4.55 | 4.03 | 7.82 | 2.80 | 2.44 | 2.56 | 1.83 | 1.59 |
| EBITDA | 636 | 485 | 599 | 529 | 415 | 275 | 343 | 496 |
| EBITDA margin | +44.6% | +33.9% | +41.0% | +39.6% | +34.6% | +24.1% | +32.5% | +39.3% |
| Depreciation | 34.84 | 35.06 | 32.93 | 31.50 | 30.65 | 29.92 | 28.53 | 26.67 |
| Interest | 147 | 129 | 134 | 127 | 93.20 | 82.88 | 80.30 | 83.52 |
| Profit before tax | 458 | 325 | 440 | 373 | 294 | 164 | 236 | 387 |
| Tax | 124 | 93.27 | 120 | 105 | 82.27 | 49.96 | 61.20 | 106 |
| Net profit | 335 | 231 | 320 | 269 | 212 | 114 | 175 | 281 |
| EPS (₹) | 3.57 | 2.46 | 3.44 | 28.79 | 22.71 | 12.30 | 18.86 | 30.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,138 | 5,239 | 4,272 | 3,002 | 2,292 | 1,289 | 748 |
| Revenue growth | -1.9% | +22.6% | +42.3% | +31.0% | +77.9% | +72.4% | - |
| Other income | 14.56 | 8.35 | 7.44 | 18.81 | 5.22 | 10.29 | 7.12 |
| Total expenses | 3,318 | 3,256 | 2,579 | 1,708 | 1,366 | 828 | 570 |
| Employee cost | 1,067 | 855 | 556 | 398 | 281 | 172 | 160 |
| EBITDA | 1,820 | 1,983 | 1,693 | 1,294 | 926 | 460 | 178 |
| EBITDA margin | +35.4% | +37.9% | +39.6% | +43.1% | +40.4% | +35.7% | +23.8% |
| Depreciation | 125 | 103 | 49.98 | 30.26 | 18.64 | 18.36 | 20.92 |
| Interest | 438 | 296 | 137 | 90.94 | 75.98 | 42.32 | 49.96 |
| Profit before tax | 1,272 | 1,592 | 1,514 | 1,192 | 836 | 410 | 114 |
| Tax | 357 | 420 | 388 | 302 | 212 | 113 | 31.98 |
| Net profit | 915 | 1,172 | 1,126 | 882 | 625 | 300 | 90.43 |
| Net profit margin | +17.8% | +22.4% | +26.3% | +29.4% | +27.3% | +23.3% | +12.1% |
| EPS (₹) | 10.05 | 129.81 | 133.98 | 106.68 | 75.41 | 36.28 | 11.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 91.09 | 90.29 | 84.01 | 83.42 | 82.86 | 81.83 | 72.00 |
| Reserves & surplus | 6,027 | 5,531 | 2,954 | 2,078 | 1,502 | 1,049 | 519 |
| Shareholders' funds (net worth) | 6,118 | 5,621 | 3,039 | 2,162 | 1,584 | 1,131 | 591 |
| Minority interest | 31.14 | 17.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 4,976 | 2,509 | 2,402 | 756 | 1,231 | 1,166 | 475 |
| Unsecured loans | 2,975 | 905 | 139 | 31.73 | 26.37 | 5.86 | 15.71 |
| Total debt | 7,951 | 3,414 | 2,541 | 788 | 1,258 | 1,171 | 491 |
| Total liabilities | 14,100 | 9,053 | 5,580 | 2,949 | 2,842 | 2,302 | 1,082 |
| Assets | |||||||
| Gross block | 809 | 701 | 527 | 262 | 203 | 156 | 159 |
| Net block | 505 | 499 | 409 | 187 | 152 | 115 | 124 |
| Capital work in progress | 9.69 | 3.87 | 0.60 | 61.63 | 12.00 | 0.18 | 2.09 |
| Investments | 257 | 202 | 0.00 | 109 | 18.65 | 5.54 | 35.27 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Sundry debtors | 434 | 300 | 487 | 374 | 565 | 228 | 39.03 |
| Cash & bank balances | 16,560 | 11,804 | 9,844 | 5,491 | 4,875 | 1,877 | 1,414 |
| Loans & advances | 1,009 | 381 | 1,029 | 250 | 238 | 1,455 | 291 |
| Total current assets | 18,004 | 12,485 | 11,360 | 6,115 | 5,678 | 3,560 | 1,743 |
| Total current liabilities | 9,778 | 7,810 | 7,658 | 4,524 | 4,378 | 2,511 | 1,108 |
| Net working capital | 8,225 | 4,675 | 3,702 | 1,590 | 1,300 | 1,049 | 635 |
| Total assets | 14,100 | 9,053 | 5,580 | 2,949 | 2,842 | 2,302 | 1,082 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 759 | 1,043 | 133 | 422 | 82.04 | 362 | 447 |
| Net cash from operating activities | (4,142) | (1,860) | (330) | 803 | 558 | (1,199) | 643 |
| Net cash from investing activities | (111) | (341) | (91.05) | (185) | (52.35) | 24.80 | (28.13) |
| Net cash from financing activities | 3,656 | 1,917 | 1,331 | (907) | (165) | 894 | (449) |
| Net change in cash | (597) | (284) | 910 | (289) | 340 | (280) | 166 |
| Closing cash | 16,560 | 11,804 | 9,844 | 5,491 | 4,875 | 1,877 | 1,414 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -1.9% | +22.6% | +42.3% | +31.0% | +77.9% | +72.4% | - |
| EBITDA growth | -8.2% | +17.1% | +30.8% | +39.8% | +101.1% | +158.5% | - |
| PBT growth | -20.1% | +5.2% | +27.0% | +42.5% | +104.0% | +258.6% | -8.1% |
| Net income growth | -21.9% | +4.1% | +27.5% | +41.2% | +108.7% | +231.3% | - |
| Revenue CAGR (3Y) | +19.6% | +31.7% | +49.1% | +59.0% | +43.4% | +18.7% | +19.3% |
| EBITDA CAGR (3Y) | +12.0% | +28.9% | +54.4% | +93.7% | +65.9% | +22.0% | +285.9% |
| Profitability & leverage | |||||||
| Net income margin | +17.8% | +22.4% | +26.3% | +29.6% | +27.3% | +23.0% | +11.0% |
| Return on capital employed | +14.8% | +25.8% | +38.7% | +44.3% | +35.5% | +26.7% | +13.1% |
| Return on net worth | +15.6% | +27.1% | +43.3% | +47.5% | +46.0% | +34.5% | +14.7% |
| Debt / equity | 0.97 | 0.69 | 0.64 | 0.55 | 0.89 | 0.97 | 1.21 |
| Long-term debt / equity | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.04 |
| Interest cover | 25.82 | 15.74 | 8.32 | 7.20 | 8.38 | 9.58 | 31.79 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.83 | 8.55 | 10.84 | 12.98 | 12.80 | 8.26 | 4.83 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 51,959.20 | 15,094.40 |
| Debtors turnover | 14.04 | 13.34 | 9.94 | 6.43 | 5.79 | 9.74 | 5.95 |
| EPS (₹) | 10.05 | 129.81 | 133.98 | 106.68 | 75.41 | 36.28 | 11.44 |
| Dividend per share (₹) | 24.75 | 48.00 | 34.65 | 39.85 | 27.10 | 12.86 | 2.70 |
| Book value per share (₹) | 67.16 | 622.57 | 361.58 | 259.12 | 191.21 | 138.22 | 82.15 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,398 | 1,410 | 1,444 | 1,314 | 1,179 | 1,117 | 1,031 | 1,246 |
| Revenue growth (YoY) | +18.6% | +26.2% | +40.0% | +5.5% | -21.4% | -19.9% | - | - |
| Other income | 2.52 | 3.70 | 8.12 | 3.24 | 3.08 | 3.27 | 2.09 | 1.99 |
| Total expenses | 734 | 889 | 819 | 757 | 743 | 826 | 685 | 736 |
| EBITDA | 664 | 521 | 625 | 557 | 436 | 291 | 347 | 510 |
| EBITDA margin | +47.5% | +37.0% | +43.3% | +42.4% | +37.0% | +26.0% | +33.6% | +40.9% |
| Depreciation | 31.37 | 32.31 | 30.51 | 29.32 | 29.03 | 28.40 | 27.18 | 25.64 |
| Interest | 147 | 129 | 133 | 127 | 93.10 | 82.85 | 78.50 | 82.09 |
| Profit before tax | 488 | 364 | 469 | 404 | 317 | 183 | 243 | 404 |
| Tax | 121 | 92.83 | 118 | 103 | 80.77 | 48.68 | 62.89 | 103 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,057 | 5,175 | 4,248 | 2,985 | 2,272 | 1,280 | 735 |
| Revenue growth | -2.3% | +21.8% | +42.3% | +31.4% | +77.4% | +74.1% | - |
| Other income | 14.57 | 8.05 | 6.44 | 16.32 | 1.77 | 9.28 | 7.48 |
| Total expenses | 3,144 | 3,157 | 2,550 | 1,700 | 1,359 | 831 | 556 |
| Employee cost | 935 | 772 | 537 | 391 | 275 | 164 | 151 |
| EBITDA | 1,913 | 2,019 | 1,699 | 1,285 | 913 | 449 | 179 |
| EBITDA margin | +37.8% | +39.0% | +40.0% | +43.1% | +40.2% | +35.1% | +24.4% |
| Depreciation | 117 | 99.51 | 49.27 | 29.38 | 17.68 | 17.42 | 20.15 |
| Interest | 437 | 293 | 137 | 90.92 | 74.04 | 43.00 | 49.82 |
| Profit before tax | 1,373 | 1,634 | 1,519 | 1,181 | 823 | 398 | 117 |
| Tax | 350 | 418 | 385 | 299 | 208 | 108 | 30.34 |
| Net profit | 1,023 | 1,216 | 1,133 | 874 | 615 | 291 | 87.07 |
| Net profit margin | +20.2% | +23.5% | +26.7% | +29.3% | +27.1% | +22.7% | +11.8% |
| EPS (₹) | 11.23 | 134.67 | 134.88 | 105.70 | 74.21 | 35.49 | 12.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 91.09 | 90.29 | 84.01 | 83.42 | 82.86 | 81.83 | 72.00 |
| Reserves & surplus | 6,111 | 5,508 | 2,915 | 2,031 | 1,463 | 1,020 | 497 |
| Shareholders' funds (net worth) | 6,202 | 5,598 | 3,000 | 2,115 | 1,546 | 1,102 | 569 |
| Secured loans | 4,976 | 2,509 | 2,402 | 756 | 1,231 | 1,166 | 472 |
| Unsecured loans | 2,961 | 900 | 256 | 31.66 | 26.19 | 5.77 | 15.31 |
| Total debt | 7,938 | 3,409 | 2,658 | 788 | 1,258 | 1,171 | 488 |
| Total liabilities | 14,140 | 9,007 | 5,658 | 2,902 | 2,803 | 2,273 | 1,057 |
| Assets | |||||||
| Gross block | 759 | 668 | 506 | 243 | 184 | 136 | 132 |
| Net block | 467 | 475 | 395 | 174 | 138 | 100 | 108 |
| Capital work in progress | 7.95 | 0.59 | 0.20 | 61.63 | 12.00 | 0.18 | 2.09 |
| Investments | 463 | 435 | 433 | 83.03 | 83.03 | 82.98 | 95.18 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 419 | 294 | 485 | 372 | 564 | 227 | 38.65 |
| Cash & bank balances | 16,443 | 11,552 | 9,501 | 5,482 | 4,872 | 1,851 | 1,375 |
| Loans & advances | 987 | 368 | 1,022 | 244 | 233 | 1,451 | 287 |
| Total current assets | 17,849 | 12,213 | 11,008 | 6,099 | 5,669 | 3,529 | 1,701 |
| Total current liabilities | 9,750 | 7,792 | 7,650 | 4,520 | 4,375 | 2,509 | 1,103 |
| Net working capital | 8,098 | 4,422 | 3,358 | 1,579 | 1,295 | 1,020 | 598 |
| Total assets | 14,140 | 9,007 | 5,658 | 2,902 | 2,803 | 2,273 | 1,057 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 590 | 787 | 131 | 420 | 70.67 | 590 | 416 |
| Net cash from operating activities | (4,054) | (1,812) | (239) | 717 | 552 | (912) | 622 |
| Net cash from investing activities | (95.06) | (151) | (553) | (97.92) | (39.17) | 1.63 | (3.72) |
| Net cash from financing activities | 3,660 | 1,766 | 1,448 | (908) | (163) | 896 | (445) |
| Net change in cash | (488) | (197) | 656 | (289) | 350 | (13.59) | 174 |
| Closing cash | 16,443 | 11,552 | 9,501 | 5,482 | 4,872 | 1,851 | 1,375 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -2.3% | +21.8% | +42.3% | +31.4% | +77.4% | +74.1% | - |
| EBITDA growth | -5.2% | +18.8% | +32.2% | +40.8% | +103.2% | +150.4% | - |
| PBT growth | -16.0% | +7.6% | +28.6% | +43.5% | +106.7% | +240.4% | -1.6% |
| Net income growth | -15.9% | +7.3% | +29.7% | +42.2% | +111.3% | +234.3% | - |
| Revenue CAGR (3Y) | +19.2% | +31.6% | +49.2% | +59.5% | +44.6% | +20.2% | +26.8% |
| EBITDA CAGR (3Y) | +14.2% | +30.3% | +55.8% | +92.8% | +67.8% | +23.9% | - |
| Profitability & leverage | |||||||
| Net income margin | +20.2% | +23.5% | +26.7% | +29.5% | +27.1% | +22.7% | +11.8% |
| Return on capital employed | +15.6% | +26.3% | +38.7% | +44.6% | +35.3% | +26.5% | +13.8% |
| Return on net worth | +17.3% | +28.3% | +44.3% | +48.2% | +46.5% | +34.8% | +16.2% |
| Debt / equity | 0.96 | 0.71 | 0.67 | 0.56 | 0.92 | 0.99 | 1.26 |
| Long-term debt / equity | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.04 |
| Interest cover | 24.35 | 15.25 | 8.33 | 7.24 | 8.27 | 9.96 | 31.27 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 7.11 | 8.83 | 11.36 | 14.07 | 14.22 | 9.63 | 5.72 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 14.23 | 13.31 | 9.93 | 6.41 | 5.74 | 9.70 | 5.88 |
| EPS (₹) | 11.23 | 134.67 | 134.88 | 105.70 | 74.21 | 35.49 | 12.03 |
| Dividend per share (₹) | 24.75 | 48.00 | 34.65 | 39.85 | 27.10 | 12.86 | 2.70 |
| Book value per share (₹) | 68.09 | 619.96 | 356.93 | 253.49 | 186.53 | 134.68 | 79.01 |
To see the full year-wise statements and ratios of Angel One Limited, buy the company report.
Board of directors of Angel One Limited
Angel One has 9 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Eswaran Iyer Also directs: Angel One Foundation, Wow Publishings Private Limited, Zentest Software Private Limited and 1 more | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Muralidharan Ramachandran Also directs: Bandhan Life Insurance Limited | Director | 06 Aug 2021 | 5 Years 2 Months | Current |
| Dinesh Dariyanumal Thakkar Also directs: Angel Crest Limited, Angel One Wealth Limited, Angel One Investment Services Private Limited and 5 more | Managing Director | 23 Oct 2007 | 18 Years 11 Months | Current |
| Mala Arun Todarwal | Director | 20 Oct 2021 | 5 Years 0 Months | Current |
| Kalyan Prasath Also directs: Ellipsoid Consulting LLP, Ellipsoid Itech LLP | Director | 24 Feb 2023 | 3 Years 7 Months | Current |
| Krishnaswamy Sridhar | Director | 24 Feb 2023 | 3 Years 7 Months | Current |
Showing 6 of 9 current directors. View all directors
Peer comparison
Angel One Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Angel One Limitedthis company | ₹5,137.68 Cr (FY 2026) | ₹915.08 Cr | 17.8% | -1.9% | 328 | Mumbai, Maharashtra, India |
| Kotak Securities Limited | ₹5,114.58 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Icici Securities Limited | ₹5,051.1 Cr (FY 2024) | 47.0% | Mumbai, Maharashtra, India | |||
| Citadel Securities India Markets Private Limited | ₹4,067.04 Cr (FY 2025) | 39.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Angel One Limited, buy the company report.
Auditor
Angel One Limited is audited by S.R. Batliboi & Co. llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. llp | FY 2023 | 301003E/E300005 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 28.60%, foreign institutional investors hold 13.80%, domestic institutional investors hold 20.30% and retail and other public shareholders hold 37.30%.
Sep 2026
QUARTER
28.60% Promoters
20.30% DII (Domestic Institutional)
13.80% FII (Foreign Institutional)
37.30% Retail & Others
Promoter holding - history
Now 28.60% · Sep 2026High 28.90% · Dec 2025Low 28.60% · Sep 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 28.60% | 28.80% | 28.90% | 28.90% |
| Public | 71.40% | 71.20% | 71.10% | 71.10% |
Charges & borrowings
Open charges
₹13,162 Cr
Satisfied charges
₹9,410.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2026 | 101275785 | Others | ₹50 Cr | Open | |
| 29 Jan 2026 | 101236402 | Others | ₹250 Cr | Open | |
| 24 Oct 2025 | 101183985 | Others | ₹450 Cr | Open | |
| 09 Oct 2025 | 101168538 | Others | ₹500 Cr | Open | |
| 19 May 2025 | 101107257 | Indian Bank | ₹500 Cr | Open |
To see the full charge records of Angel One Limited, buy the company report.
Total charge records: 85 View all charges
Deals & funding
Angel One Limited has 23 deals on record (14 secondary share transfers, 4 market trades, 3 funding rounds), with disclosed funding of ₹153.99 Cr; the latest was in May 2025.
Total deals
23
Secondary share transfers
14
Market trades
4
Funding rounds
3
IPO
1
Disclosed funding
₹153.99 Cr
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Market trade | ₹349.09 Cr | Buyer: Bofa Securities Europe Sa Seller: Oxbow Master Fund Limited |
| Apr 2024 | Other deal | ₹1,500 Cr | Buyer: Motilal Oswal Flexi Cap Fund, Motilal Oswal Midcap Fund, Goldman Sachs Public Market Fund |
| Sep 2020 | IPO | ₹600 Cr | Investors: Ipo Shareholders - Angel One Limited, ICICI Prudential Multicap Fund, Goldman Sachs Public Market Fund Seller: International Finance Corporation, 3 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Mantri Leasing and Finance Pvt Ltd Seller: 2 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Nirwan Monetary Services Private Limited , 3 individuals Seller: 4 individuals |
To see the full deal history of Angel One Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Angel One Limited has 451 court cases on record: 349 filed by Angel One, 102 filed against it. 123 cases are pending and 328 are disposed.
Total cases
451
Filed by the company
349
Filed against the company
102
Pending
123
Disposed
328
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 318 | 55 | 93 |
| High courts | 130 | 46 | 29 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 451)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed against the company by Tata Aia Life Insurance Company Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed by the company against National Stock Exchange of India Ltd. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company | Pending |
| High Court of Gujarat | Court case (MCA) | Filed against the company | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
To see the full case history of Angel One Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Angel One Limited was last rated by Care on 03 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Jul 2026 |
To see the full credit ratings and regulatory alerts of Angel One Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Angel One Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Angel One has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
5
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Angel Financial Advisors Private Limited | U51900MH1996PTC100820 | |
| Angel Securities Limited | U67120MH1993PLC074847 | |
| Angel Fincap Private Limited | U67120MH1996PTC245680 | |
| Mimansa Software Systems Pvt Ltd | U67120MH1997PTC112516 | |
| Angel Digitech Services Private Limited | U72100MH2011PTC216367 |
To see the full group structure of Angel One Limited, buy the company report.
Employees & EPFO
Angel One Limited has a workforce of 328 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
328
Active EPFO establishments
1
Employee growth
97.59%
GST
Angel One has 23 GST registrations: 14 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
23
Active
14
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM6094R1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AAACM6094R2ZO | Maharashtra | Active | 10 Oct 2017 |
| 36AAACM6094R1ZQ | Telangana | Active | 28 Jun 2017 |
| 04AAACM6094R1ZX | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Angel One Limited, buy the company report.
Recent activity
Angel One Limited has 42 board changes on record since 2000: 26 appointments and 16 cessations. The latest: Ketan Shah Bharat ceased to be Whole-Time Director on 18 Jul 2025.
AGM
Angel One Limited last Annual general meeting of members was held on 12 Jun 2026 as per latest MCA records.
Filing
Angel One Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Axis Bank Limited of Rs. 1,495.10 Cr registered on 29 Jun 2022 with Charge ID 100596076 was modified on 30 Mar 2026.
Charges
A charge registered on 29 Jan 2026 via Charge ID 101241410 with Axis Bank Limited was fully satisfied on 02 Mar 2026.
Charges
A charge registered on 28 May 2024 via Charge ID 100928049 with Others was fully satisfied on 11 Feb 2026.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101275785 was registered on 05 Feb 2026.
Charges
A charge with Others of Rs. 312.50 Cr registered on 23 Jul 2024 with Charge ID 100958368 was modified on 30 Jan 2026.
Charges
A charge with Others amounted to Rs. 250.00 Cr with Charge ID 101236402 was registered on 29 Jan 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 750.00 Cr with Charge ID 101241410 was registered on 29 Jan 2026.
Charges
A charge with State Bank Of India of Rs. 2,750.00 Cr registered on 04 May 2023 with Charge ID 100738651 was modified on 29 Jan 2026.
Charges
A charge with Others of Rs. 300.00 Cr registered on 07 Apr 2022 with Charge ID 100563259 was modified on 28 Jan 2026.
Charges
A charge registered on 27 Aug 2024 via Charge ID 100973799 with Others was fully satisfied on 19 Jan 2026.
200 earlier events are in the company report.
News
Angel One: JPMorgan on Angel One Maintains Overweight, Target Price ₹370; Q2 PAT rose 58.2% YoY and 44.8% QoQ, beating estimates by 7.5%, helped by the absence of IPL expenses; gross broking revenue fell 9.5% QoQ to ₹7.8bn and orders declined 10% QoQ to 367mn, while interest income rose 34.4% YoY to ₹5.1bn on strong MTF growth.
ANGELONE: Q2 REVENUE 14.27B RUPEES VS 12B (YOY)
ANGELONE: Q2 CONS NET PROFIT 3.35B RUPEES VS 2.1B (YOY); EST 3.1B
ANGELONE: Q2 EBITDA 6.4B RUPEES VS 4.16B (YOY); Q2 EBITDA MARGIN 44.59% VS 34.57% (YOY)
Angel One: Co Gains 37,000 New Active Clients In September
Frequently asked questions
Angel One is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 08 August 1996 (30+ years old) and is registered under CIN L67120MH1996PLC101709. Listed on BSE: 543235 and NSE: ANGELONE.
Angel One reported revenue of ₹5,137.68 Cr for FY 2025-26 (down 1.9% YoY) based on consolidated financials.
Angel One has 9 current directors:
- Dinesh Dariyanumal Thakkar - Managing Director
- Ambarish Chintamani Kenghe - Whole-Time Director
- Amit Pranab Kumar Majumdar - Whole-Time Director
- Krishna Eswaran Iyer - Director
- Muralidharan Ramachandran - Director
- Mala Arun Todarwal - Director
- Kalyan Prasath - Director
- Krishnaswamy Sridhar - Director
- Arunkumar Nerur Thiagarajan - Director
The latest financial statements of Angel One on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Angel One is 27AAACM6094R1ZP, registered in Maharashtra. The company has 23 GST registrations in all, of which 14 are active and 9 are cancelled or inactive. Other active GSTINs include 27AAACM6094R2ZO (Maharashtra), 36AAACM6094R1ZQ (Telangana), 04AAACM6094R1ZX (Chandigarh).
The CIN (Corporate Identification Number) of Angel One is L67120MH1996PLC101709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Angel One is listed on both BSE (code: 543235) and NSE (symbol: ANGELONE).
Angel One has 451 court cases on record: 349 filed by the company and 102 filed against it. 123 are pending. Most are in the district courts.
Angel One was incorporated on 08 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Angel One has 23 deals on record (14 secondary share transfers, 4 market trades, 3 funding rounds), with disclosed funding of ₹153.99 Cr; the latest was in May 2025.
The peers of Angel One by revenue are Kotak Securities Limited, Icici Securities Limited, Citadel Securities India Markets Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).