Angel One - Results - Q1 F.Y. 25-26

1) Angel One Ltd reported a 61% year-on-year decline in net profit at ₹114.4 crore for the June 2025 quarter, compared to ₹292.7 crore a year ago. Revenue dropped 19% YoY to ₹1,140 crore from ₹1,405 crore in Q1 FY25. -

2) Operating performance weakened, with EBITDA down 41.7% to ₹274.1 crore from ₹469.9 crore, and EBITDA margins narrowing to 24.04% from 33.44%. 3) Despite the overall decline, its wealth management vertical saw healthy growth—AUM rose 33.6% sequentially to ₹50.7 billion, and the client base crossed 1,000. In broking, the client funding book touched an all-time high of ₹48 billion. The company also saw a 123.6% sequential rise in credit disbursals and added two new AMC schemes during the quarter. 4) Chairman and MD Dinesh Thakkar said, “India is at the cusp of a financial revolution... Powered by data and platform intelligence, our focus remains on delivering low-cost, high-engagement services at scale.” 5) Overall results are on expected line 6) Positive points is wealth management is getting momentum now. 7) All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24