Angel One’s latest fundamental picture remains strong,

Angel One’s latest fundamental picture remains strong, with significant growth in profitability and diversification beyond traditional broking. In Q1 FY27, consolidated revenue from operations increased 25.35% YoY to ₹1,429.69 crore, while net profit more than doubled 102% YoY to ₹231.40 crore, although profit declined sequentially from the previous quarter. The company's user base reached 3.86 crore, growing 18.8% YoY, highlighting continued expansion in India's retail-investing ecosystem. Angel One is also expanding its wealth-management business, with wealth AUM rising 165.3% YoY to ₹13,440 crore, while the client base crossed 2,400. Its credit-distribution business showed strong momentum, with disbursements increasing 129.7% YoY to ₹530 crore, creating another potential revenue stream beyond brokerage.