Angel One Ltd
Angel One Ltd is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking, institutional broking, providing margin trading facility, depository services and distribution of mutual funds, lending as a NBFC and corporate agents of insurance companies.[1]
- Market Cap ₹ 24,523 Cr.
- Current Price ₹ 2,719
- High / Low ₹ 3,900 / 2,025
- Stock P/E 18.2
- Book Value ₹ 583
- Dividend Yield 1.27 %
- ROCE 38.7 %
- ROE 44.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 71.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.9%
- Company has been maintaining a healthy dividend payout of 33.3%
- Debtor days have improved from 59.3 to 41.7 days.
Cons
- Promoter holding has decreased over last 3 years: -8.16%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Stock/ Commodity Brokers Industry: Finance & Investments
Part of BSE 250 SmallCap Index BSE Diversified Financials Revenue Growth Index (I Nifty Smallcap 250 Nifty Smallcap 50 Nifty Smallcap 100
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
368 | 361 | 738 | 752 | 735 | 1,280 | 2,272 | 2,985 | 4,248 | 5,296 | |
303 | 383 | 502 | 559 | 555 | 830 | 1,359 | 1,700 | 2,550 | 3,204 | |
Operating Profit | 65 | -23 | 237 | 193 | 180 | 450 | 913 | 1,285 | 1,699 | 2,092 |
OPM % | 18% | -6% | 32% | 26% | 24% | 35% | 40% | 43% | 40% | 40% |
13 | 111 | 13 | 11 | 7 | 8 | 2 | 16 | 6 | 10 | |
Interest | 29 | 50 | 89 | 67 | 50 | 43 | 74 | 91 | 137 | 223 |
Depreciation | 10 | 10 | 12 | 18 | 20 | 17 | 18 | 29 | 49 | 76 |
Profit before tax | 40 | 28 | 149 | 119 | 117 | 398 | 823 | 1,181 | 1,519 | 1,803 |
Tax % | 36% | 26% | 32% | 35% | 26% | 27% | 25% | 25% | 25% | |
25 | 21 | 102 | 77 | 87 | 290 | 615 | 882 | 1,133 | 1,343 | |
EPS in Rs | 17.74 | 14.41 | 14.15 | 10.65 | 12.03 | 35.49 | 74.21 | 105.70 | 134.88 | 154.00 |
Dividend Payout % | 32% | 47% | 96% | 25% | 22% | 36% | 37% | 38% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 41% |
3 Years: | 49% |
TTM: | 55% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 71% |
3 Years: | 57% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 37% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 42% |
3 Years: | 46% |
Last Year: | 44% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 72 | 72 | 72 | 82 | 83 | 83 | 84 | 90 |
Reserves | 288 | 298 | 378 | 432 | 497 | 1,020 | 1,463 | 2,031 | 2,916 | 5,167 |
305 | 698 | 1,065 | 866 | 488 | 1,171 | 1,258 | 788 | 2,658 | 3,128 | |
322 | 531 | 757 | 799 | 1,103 | 2,509 | 4,375 | 4,520 | 7,663 | 9,948 | |
Total Liabilities | 929 | 1,541 | 2,272 | 2,169 | 2,159 | 4,782 | 7,178 | 7,423 | 13,321 | 18,333 |
93 | 95 | 97 | 116 | 108 | 100 | 138 | 174 | 395 | 439 | |
CWIP | 3 | 1 | 0 | 1 | 2 | 0 | 12 | 62 | 0 | 0 |
Investments | 101 | 101 | 95 | 95 | 95 | 83 | 83 | 83 | 433 | 434 |
732 | 1,345 | 2,080 | 1,957 | 1,954 | 4,599 | 6,945 | 7,104 | 12,492 | 17,460 | |
Total Assets | 929 | 1,541 | 2,272 | 2,169 | 2,159 | 4,782 | 7,178 | 7,423 | 13,321 | 18,333 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
-151 | -269 | -318 | 654 | 622 | -1,166 | 552 | 717 | -239 | |
-2 | 9 | 38 | -9 | -4 | 2 | -39 | -98 | -553 | |
98 | 334 | 253 | -308 | -445 | 896 | -163 | -908 | 1,448 | |
Net Cash Flow | -55 | 74 | -28 | 337 | 174 | -268 | 350 | -289 | 656 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 434 | 865 | 78 | 104 | 19 | 65 | 91 | 45 | 42 |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 434 | 865 | 78 | 104 | 19 | 65 | 91 | 45 | 42 |
Working Capital Days | 137 | 352 | 207 | -242 | -386 | -237 | -575 | -477 | -528 |
ROCE % | 10% | 19% | 13% | 14% | 27% | 35% | 44% | 39% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
18 Nov - Voting results for re-classification of promoters approved.
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Clarification With Regards To Postal Ballot Notice Dated October 18, 2024 For Reclassification Of Certain Members From Promoter And Promoter Group Category To Public Shareholder Category
12 Nov - Clarification on postal ballot for promoter reclassification.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Nov - The officials of the Company will be interacting with few Investors/Analysts, the details are attached herewith.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Nov - The officials of the Company will be interacting with few Investors/Analysts, the details are attached
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Nov - The officials of the Company will be interacting with few Investors/Analysts, the details are attached herewith.
Annual reports
Concalls
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Oct 2024Transcript PPT REC
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Oct 2024TranscriptNotesPPT
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Oct 2021Transcript PPT
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May 2021Transcript PPT
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Apr 2021TranscriptNotesPPT
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Apr 2021Transcript PPT
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Feb 2021Transcript PPT
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Dec 2020TranscriptPPT
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Nov 2020Transcript PPT
Service Offerings
The company's financial products and service offerings include broking services, research services, investment advisory, margin trading facility, loan against shares, distribution of third party financial products and investor education.[1]