Company Update : Angel One by Motilal Oswal Financial Services Ltd
Order run-rate declines while MTF achieves new peak; market share improves
* ANGELONE’s gross client acquisition stood at 0.47m in Jul’26 (+4% MoM), taking the total client base to ~39m. ? The average MTF book grew 4% MoM to ~INR70.8b, (+39% YoY) in Jul’26.
* The number of orders declined 4% MoM to 134.7m for Jul’26 (up 10% YoY), and the order run-rate declined 12% MoM to 5.9m (+10% YoY).
* The overall ADTO declined 8% MoM, with a 6% MoM decline in F&O ADTO, 6% MoM decline in cash ADTO, and 34% MoM decline in commodity ADTO. The overall premium ADTO declined 32% MoM, while F&O premium ADTO declined 9% MoM.
* The overall premium turnover market share grew 20bp MoM to 20%, with F&O premium market growing 10bp MoM to 22.2%. Market share for the cash segment grew 20bp MoM to 17.1%, while the commodity segment market share declined 400bp MoM to 48%.
* The number of registered unique MF SIPs rose 10% MoM to ~0.62m in Jul’26 (declined 30% YoY).
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412
