Angel One Reports 102% Profit Surge, Declares Interim Dividend

Jyoti Rathi - Kolkata Bureau Jul 16, 2026 1,950 Views

Angel One reported a 102% year-on-year surge in Q1 FY27 consolidated net profit to ₹231.4 crore, driven by robust trading volumes and a 19% rise in its client base. Despite a sequential profit decline, the firm declared an interim dividend of ₹1 per share, reflecting strong growth in core broking activities.

Fintech and stock broking firm Angel One Ltd. saw its consolidated net profit more than double in the first quarter of fiscal year 2027, bolstered by strong retail client participation and robust trading volumes.

Angel One Ltd. reported a consolidated net profit of ₹231.4 crore for the quarter ended June 30, 2026, marking a 102.15% increase from the ₹114.5 crore profit recorded in the same quarter of the previous fiscal year. The performance, announced in a regulatory filing on Wednesday, reflects the company's continued growth in a competitive fintech landscape.

Financial Performance and Revenue Growth

The company's total income for the April-June quarter rose to ₹1,434 crore, a 25.4% increase compared to ₹1,143 crore in the year-ago period. While the year-on-year growth trajectory remains strong, the company noted a 27.8% decline in net profit on a sequential basis, falling from ₹320 crore in the fourth quarter of FY26.

Operational metrics remained healthy, with the firm's total client base expanding nearly 19% year-on-year to 3.86 crore. Additionally, total orders processed during the quarter reached 40.6 crore, an 18.4% increase over the previous year. The company also reported a record average client funding book of ₹6,140 crore, representing a 46% year-on-year rise.

Corporate Actions and Strategic Updates

Alongside its financial results, the Angel One board of directors declared a first interim dividend of ₹1 per equity share for the current fiscal year. The company has set Tuesday, July 21, 2026, as the record date for determining eligible shareholders, with the payout scheduled for on or before August 14, 2026.

Furthermore, the board announced plans to appoint Deloitte Haskins & Sells as the statutory auditor for the company from fiscal year 2027-28, subject to necessary shareholder and regulatory approvals.

Why It Matters

For investors and stakeholders, the results highlight the firm's ability to maintain high growth rates in its core broking business while diversifying into wealth management and credit distribution. Although sequential margins faced pressure, the year-on-year doubling of profit reflects the scale and operating leverage the company has achieved in recent years.

Key Facts at a Glance

Net Profit: ₹231.4 crore (up 102.15% YoY).
Total Income: ₹1,434 crore (up 25.4% YoY).
Client Base: 3.86 crore (up 19% YoY).
Dividend: Interim dividend of ₹1 per share declared.

FAQ Section

What caused the net profit to grow so significantly year-on-year?

The profit growth was driven by strong retail client participation, higher trading volumes, and improved operating leverage.

Why did profit decline sequentially?

Profit fell approximately 28% sequentially from the ₹320 crore reported in Q4 FY26, a shift the company attributed to varying market conditions and increased operational expenses.

When is the record date for the dividend?

The record date for the interim dividend of ₹1 per share is Tuesday, July 21, 2026.

Source: Angel One Ltd. Regulatory Filing, The Economic Times, NDTV Profit, Univest