Angel One's PAT surges 102% as revenue grows 26% in Q1 FY27
Angel One Limited, one of India's leading fintech platforms, reported a strong start to FY27, delivering healthy growth across its core broking franchise while continuing to scale its wealth, asset management and credit businesses. The company's performance reflects the strength of its diversified business model and its continued focus on technology-led innovation.
During the quarter ended June 30, 2026, Angel One reported standalone gross revenue of Rs 14,135 million, registering a 26.2% year-on-year growth. Standalone profit after tax more than doubled to Rs 2,707 million, up 102.2% YoY, while EBDAT rose 87.6% YoY to Rs 3,959 million, with margins expanding to 36.6%.
The company continued to strengthen its market leadership, executing over 406 million orders during the quarter, an 18.4% increase over the previous year. Angel One's overall retail equity market share stood at 20.2%, while its F&O market share remained strong at 22.2%, underscoring its continued leadership in India's rapidly expanding retail investing ecosystem.
Angel One also witnessed significant traction across its new growth engines. Wealth Management assets under management (AUM) surged 165.3% year-on-year to Rs 134.4 billion, serving over 2,400 clients, while the company's Asset Management business grew AUM by 81.4% to Rs 6.2 billion. Credit distribution more than doubled, rising 129.7% YoY to Rs 5.3 billion, supported by the company's proprietary credit intelligence capabilities.
The platform's overall user base reached 38.6 million, reflecting an 18.8% year-on-year increase, while assets under custody across equity and mutual funds grew to Rs 1.7 trillion. The average client funding book also touched a record ?61.4 billion during the quarter, highlighting rising customer engagement and growing participation across financial products.
Commenting on the performance, Chairman and Managing Director, Dinesh Thakkar, said "India's financialization is one of the most compelling long-term opportunities of our time. Our strategy is to build India's most trusted fintech, serving users at every stage of their financial journey. Every interaction on our platform strengthens our understanding of user needs, enabling us to deliver increasingly relevant, personalised and timely financial solutions. We believe this continuous compounding of technology, data and user intelligence will be a defining competitive advantage over the coming decade "
Angel One, Group CEO, Ambarish Kenghe said, “This quarter reflects continued execution of our strategy of building a leading fintech with multiple growth engines. We continued to strengthen our product ecosystem, scale AI across the platform, and deepen engagement across investing, wealth and credit. AI is increasingly integral to how we operate from user discovery and support to onboarding and decisioning. Combined with our disciplined focus on governance and responsible innovation, these investments position us to deliver durable, profitable growth."
With continued investments in technology, AI-led capabilities and an expanding suite of financial services, Angel One remains well-positioned to capitalize on India's structural financialisation opportunity while creating long-term value for customers and shareholders.”
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