Angel One Q1 Results: Share Price Rises 2% Amid PAT Decline, Revenue Drop

Angel One shares rose 2.2% on Thursday after posting Q1FY26 results, with a profit after tax declining 60.9% to ₹114.5 crore and revenue down 19% to ₹1,140.5 crore. Despite this, revenue rose 8% sequentially. The company's market capitalisation stood at ₹24,801.39 crore.

Angel One Ltd., a leading fintech company specializing in stock broking services, reported its first quarter (Q1FY26) results for the period ending June 30, 2025. The company's shares rose 2.2% on Thursday after the announcement, trading at an intraday high of ₹2,778 per share on the National Stock Exchange (NSE).

The key financial highlights from the Q1FY26 results include a 60.9% decline in profit after tax (PAT) to ₹114.5 crore, down from ₹292.7 crore a year ago. Revenue for the quarter declined 19% to ₹1,140.5 crore, compared to ₹1,405.5 crore in the same period last year. However, revenue grew sequentially by 8% from the previous quarter.

Despite the decline in PAT and revenue, the company's market capitalisation stood at ₹24,801.39 crore as of Thursday's trading session. The stock's 52-week high was ₹3,503.15 per share, and the 52-week low was ₹1,941 per share.

Analysts and market experts have mixed views on the company's performance. Motilal Oswal, in a report, noted that the Q1 results were in line with the brokerage's estimates. The industry witnessed a slight recovery after the regulatory impact on F&O, supported by a stable market environment and cash delivery brokerage, contributing to Angel One’s top-line growth. However, elevated employee expenses and increased IPL spends weighed on its bottom line. The new business of loan distribution gained strong traction during the quarter.

Kranti Bathini, director-equity strategy at WealthMills securities Pvt ltd, suggested holding Angel One stock at the current levels due to Sebi norms on the derivative markets, which could be an overhang for these stocks in the medium-to-short term.

Technically, Angel One is witnessing resistance near its falling trendline, with the 20 EMA on the verge of a bearish crossover with the 50 EMA, signaling a cautious outlook. Declining volume indicates a lack of buying interest at higher levels.

The company's wealth management segment showed strong growth in Q1FY26, with assets under management (AUM) rising 33.6% sequentially to Rs 50.7 billion, and the client base crossing 1,000. The broking segment saw an all-time high client funding book of Rs 48 billion, with a 123.6% sequential rise in credit disbursals and two new AMC schemes added during the quarter.

Angel One is scheduled to hold an earnings call with investors and analysts on July 17 at 11 a.m. to discuss the results further. The trading window for dealing in securities of the company is closed from July 1 until 48 hours after the declaration of financial results for Q1FY26, in compliance with SEBI guidelines to prevent insider trading.

References:
[1] https://www.ndtvprofit.com/quarterly-earnings/angel-one-q1-results-this-week-date-earnings-call-schedule-and-all-you-need-to-know
[2] https://m.economictimes.com/markets/stocks/news/angel-one-shares-in-focus-after-q1-profit-falls-61-yoy-wealth-aum-jumps-34-qoq/articleshow/122610340.cms
[3] https://www.business-standard.com/markets/news/angel-one-share-price-rises-2-percent-on-posting-q1-results-pat-revenue-buy-sell-hold-125071700246_1.html