India's Leading Retail Broking Stock Falls 3% Despite Strong Q1 FY27 Results; PAT Jumps 102% YoY

On Thursday, Indian equity benchmarks ended marginally lower, with the benchmark Nifty 50 index declining 5.75 points or 0.02 per cent to 24,072.75. Amid the broader market weakness, Angel One share price fell 2.50 per cent or Rs 8.60 to Rs 334.80 after the company announced its business performance for the quarter ended June 30, 2026.

Angel One Q1 FY27 Financial Performance

On a consolidated basis, Angel One reported gross revenue of Rs 1,433.7 crore, registering a 25.4 per cent YoY increase. Reported EBDAT stood at Rs 359.7 crore, up 85.1 per cent YoY, while the EBDAT margin improved to 32.7 per cent, expanding by 1,085 basis points over the corresponding quarter last year.

The company's profit after Tax (PAT) more than doubled to Rs 231.4 crore, recording a 102.1 per cent YoY growth during the quarter.

Business Performance

Angel One executed 406.1 million orders during Q1 FY27, an increase of 18.4 per cent YoY. The company's average client funding book reached a record Rs 6,140 crore, up 45.9 per cent YoY, while credit distribution increased 129.7 per cent YoY to Rs 530 crore.

The company's wealth management assets under management (AUM) stood at Rs 13,440 crore, registering a robust 165.3 per cent YoY growth. Its asset management business AUM also increased 81.4 per cent YoY to Rs 620 crore.

Management Commentary

Commenting on the performance, Dinesh Thakkar, Chairman and Managing Director, said India's ongoing financialisation presents a significant long-term opportunity, and the company remains focused on building a trusted fintech platform by expanding its ecosystem of financial products and services.

Ambarish Kenghe, Group CEO, said the company continued to strengthen its product ecosystem, scale AI capabilities across the platform and deepen engagement in investing, wealth and credit businesses. He added that Angel One remains focused on delivering durable and profitable long-term growth through technology, governance and responsible innovation.
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About Angel One

Angel One Limited is one of India's leading fintech platforms, offering digital-first financial services across broking, Mutual Funds, credit, advisory, wealth management, asset management and third-party financial product distribution.

The company serves a user base of over 38 million and leverages artificial intelligence, machine learning and data-driven technologies through its flagship Super App, SmartAPI and Smart Money platforms to enhance customer engagement and financial inclusion.

What are your views on Angel One's strong Q1 FY27 performance and the sharp growth in its wealth management and credit businesses? Share your thoughts in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.