ANGELONE

33.84% DECLINED IN 3 MONTHS

has experienced a significant share price decline of approximately 33.84% over the past three months. This downturn can be attributed to several key factors: 1. Data Breach Incident: On February 28, 2025, Angel One reported that some of its Amazon Web Services (AWS) resources were compromised, leading to unauthorized access to client data on the dark web. The company assured that clients' securities, funds, and credentials remained secure. However, this breach raised investor concerns, resulting in a 10% intraday drop to a 52-week low of ₹1,952.20 on March 3, 2025. 2. Decline in Market Activity: The broader brokerage industry has experienced reduced trading volumes. Nithin Kamath, CEO of ZERODHA, noted a more than 30% drop in activity across brokers, marking the first business degrowth in 15 years. This decline in market activity has adversely affected revenue for brokerage firms like Angel One. 3. Regulatory Concerns: The Securities and Exchange Board of India (SEBI) has introduced measures to curb high-risk derivatives trading among retail investors. These measures include raising the minimum contract size for derivatives and restricting weekly options contracts. Such regulatory interventions are expected to impact the revenue models of brokerage firms, leading to further contraction in their operations. Financial Highlights: Market Capitalization: ₹19,571 crore Return on Equity (ROE): 24.94% Price-to-Earnings (P/E) Ratio (TTM): 14.63 Earnings Per Share (EPS) (TTM): ₹148.16 Price-to-Book (P/B) Ratio: 3.71 Dividend Yield: 1.49% Industry P/E: 13.19 Book Value: ₹584.69 Debt to Equity Ratio: 0.59 Face Value: ₹10 Shareholding Pattern (as of December 2024): Promoters: 35.57% Retail and Others: 36.30% Foreign Institutions: 13.81% Mutual Funds: 11.09% Other Domestic Institutions: 3.23%