Angel One Aug. avg client funding book up 4.2% M/M at INR52.9B

Angel One Aug. avg client funding book up 4.2% M/M at INR52.9B

Angel One, India's leading listed retail stock broking business, has reported a significant increase in its average client funding book. As of August 2025, the company's client funding book grew by 4.2% month-over-month (MOM), reaching a total of INR 52.9 billion. This growth is a testament to the company's robust financial health and its ability to attract and retain clients.

The company's financial performance over the past year has been consistent, with a notable increase in operating profit and earnings per share (EPS). For instance, the operating profit for the year ending August 2025 was INR 496.3 million, up from INR 343.2 million the previous year. Similarly, the EPS increased from INR 19.33 in the previous year to INR 46.96 in the current year [1].

Angel One's expansion into new third-party financial product offerings, such as unsecured loans, motor insurance, and fixed deposits, has likely contributed to this growth. These offerings not only provide additional revenue streams but also enhance the company's value proposition to clients, attracting more funds into the brokerage business.

The company's financial health is further reflected in its equity capital and borrowings. As of August 2025, the company's equity capital stood at INR 84 billion, while its total borrowings were INR 3,414 billion. This indicates a strong balance sheet, with a substantial portion of its funding coming from equity rather than debt.

Moreover, the company's cash flow from operating activities has been positive, with a net inflow of INR 804 billion in August 2025. This cash flow, along with the company's cash from financing activities, has enabled Angel One to maintain a healthy working capital position.

In summary, Angel One's 4.2% MOM growth in client funding book is a result of its strong financial performance, robust service offerings, and effective client attraction strategies. As the company continues to expand its product offerings and improve its services, it is well-positioned to maintain this growth trajectory.

References:
[1] https://www.screener.in/company/ANGELONE/consolidated/