ANGELONE

The company witnessed strong growth across Q4 and FY26, with slightly muted growth in March. On a monthly basis, the total client base till March 2026 stood at 37.3 million, up by 1.3% vs February 2026. The gross client acquisition declined 10.7% MoM from 0.57 million to 0.50 million. In comparison to the previous year, the same month, the total client base increased from 31.2 million to 37.3 million, up 20% YoY. On a quarterly basis, the client base jumped 4.7% QoQ from 35.7 million to 37.3 million. The client acquisition also jumped 4.4% at 1.82 million. However, muted market sentiment impacted the new MF SIP additions for the quarter. The total MF SIPs registered during the quarter dropped by 8.5% QoQ. The company maintained the cash turnover market share at 17.2% for the Q4FY26, marginally down from the Q4FY25 at 17.5% and significantly down from 18.3% sequentially. Conversely, the F&O segment market share jumped 22.2% for Q4FY26 vs 21.7% for the previous quarter and 21.4% for Q4FY25. The company said, “Business momentum improved during the quarter, with average daily orders at a 17‑month high and above the FY25 average. Strong client activity supported market share gains, including in commodities, while a softer macro environment and geopolitical tensions led to some moderation in the client funding book and cash market share”