Angel One Feb. average daily orders fall 6.5% m/m at 6.86M

Angel One Feb. average daily orders fall 6.5% m/m at 6.86M

Shares of Angel One reported a decline in average daily orders during January 2025, reflecting a broader trend of mixed performance amid evolving market dynamics. The company recorded 54.8 lakh average daily orders in January, representing a 3.7% month-on-month decrease from 56.9 lakh in December 2024 according to market data. This decline, while less severe than a 21.8% drop in the prior month, highlights ongoing challenges in maintaining order momentum despite improvements in other metrics.

The slowdown in order activity contrasts with Angel One's growth in average daily turnover, which rose 6.3% to ₹30.82 lakh crore in January, signaling stronger trading volumes. Additionally, the firm's market share expanded across key segments, including a 133-basis-point increase in commodities to 61.2% and gains in equity and derivatives segments. However, client acquisition trends remained subdued, with gross additions falling 15.4% to 6.6 lakh in January, though the total client base still grew 2.1% to 3.01 crore according to company reports.

The decline in average daily orders may reflect shifting investor behavior or regulatory impacts, such as derivative market adjustments previously reported to affect retail participation. Analysts will likely monitor whether the order trend stabilizes alongside broader market recovery efforts. For now, Angel One's performance underscores the delicate balance between market share gains and operational headwinds in India's competitive brokerage sector.