Mumbai, 17 th April, 2024: Angel One Limited (BSE: 543235) (NSE: ANGELONE), announced its audited consolidated financial results for the quarter and full year ended 31st Mar 2024.
Commenting on Angel One’s performance, Mr. Dinesh Thakkar, Chairman & Managing Director said, ”Angel One has always focused on innovation to fulfil its unwavering commitment to client-centricity. In the journey we have traversed, Angel One has achieved many milestones and garnered trust from its clients. FY24’s performance resonates the same, as we delivered a historic performance yet again. We have built a solid roster of clients, with strong behavioral traits, who not only transact with us but also advocate for us, with each cohort consistently giving us revenues every year. We recently completed a capital raise of Rs 15 billion to capitalize the business for future growth.
We are delighted to share that Angel One has once again delivered a historic performance during the quarter, as we clocked our highest ever quarterly gross client acquisition at 2.9 million, expanding our client base to over 22 million. Our clients executed over 470 million orders during the quarter, which is also our lifetime high, facilitating our best quarterly financial performance.”
Business Performanceat a Glance:
Turnover Market Share
Based on Option Premium Turnover
Q4 ’24
Q3 ’24
QoQ Growth
Overall Equity$^
18.1%
17.2%
83 bps
F&O$
19.8%
18.6%
122 bps
Cash^
15.4%
15.1%
29 bps
Commodity
59.5%
58.8%
75 bps
No.ofOrders
Particulars (Mn)
Q4 ’24
Q3 ’24
QoQ Growth
Total
471
350
34.5%
F&O
355
262
35.5%
Cash
102
74
37.2%
Commodity
14
14
2.7%
Client Addition & Client Base
Highest ever clients added in a quarter at 2.9 mn, a growth of 17.2% on QoQ basis Client base stood at nearly 22.2 mn, a growth of 14.3% on QoQ basis
Average Daily Turnover (ADTO)
₹ 44.4 trillion in Q4 ‘24 vs ₹ 36.0 trillion in Q3 ‘24, a growth of 23.3% on QoQ basis
Consolidated Total Gross Revenues
₹ 13,585 mn in Q4 ‘24 vs ₹ 10,608 mn in Q3 ‘24, a growth of 28.1% on QoQ basis
Consolidated EBDAT
₹ 4,755 mn in Q4 ‘24 vs ₹ 3,641 mn in Q3 ‘24, a growth of 30.6% on QoQ basis EBDAT Margin (as % of Net Income) stood at 44.8% in Q4 ‘24
Consolidated Profit After Tax From Continuing Operations
₹ 3,400 mn in Q4 ‘24 vs ₹ 2,603 mn in Q3 ‘24 , a growth of 30.6% on QoQ basis
Angel One Limited, (NSE: ANGELONE, BSE: 543235) is the largest listed retail stock broking house in India, in terms of active clients on NSE. Angel One is a technology-led financial services company, providing broking and advisory services, margin funding and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms to clients acquired directly and through assisted business.
Angel One Limited extensively uses Artificial Intelligence, Machine Learning and Data Science to create a superior digital experience. The company has built a host of digital properties like Angel One Mobile App, ‘ARQ Prime’ a rule-based recommendation engine, ‘SmartAPI’ a free-to-integrate API platform, ‘Smart Money’ an investor education platform, ‘SmartStore’ a marketplace for fintech products, learning platform and social forums for over 22 million clients.
