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 ₹ 20,934 Cr.
- Current Price ₹ 2,318
- High / Low ₹ 3,503 / 1,941
- Stock P/E 15.6
- Book Value ₹ 585
- Dividend Yield 1.49 %
- ROCE 38.7 %
- ROE 43.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 69.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.2%
- Company has been maintaining a healthy dividend payout of 33.0%
- Debtor days have improved from 59.0 to 41.6 days.
Cons
- Promoter holding has decreased over last 3 years: -8.45%
* 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 500 Nifty 500 Nifty 500 Multicap 50:25:25 BSE Allcap BSE Financial Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
450 | 451 | 440 | 770 | 778 | 748 | 1,289 | 2,292 | 3,002 | 4,272 | 5,540 | |
339 | 362 | 437 | 516 | 575 | 570 | 828 | 1,366 | 1,708 | 2,579 | 3,372 | |
Operating Profit | 112 | 90 | 3 | 254 | 203 | 178 | 460 | 926 | 1,294 | 1,693 | 2,168 |
OPM % | 25% | 20% | 1% | 33% | 26% | 24% | 36% | 40% | 43% | 40% | 39% |
11 | 11 | 112 | 14 | 11 | 7 | 10 | 5 | 18 | 7 | 9 | |
Interest | 38 | 36 | 54 | 95 | 70 | 50 | 42 | 76 | 91 | 137 | 270 |
Depreciation | 10 | 13 | 14 | 15 | 20 | 21 | 18 | 19 | 30 | 50 | 92 |
Profit before tax | 74 | 52 | 48 | 159 | 124 | 114 | 410 | 836 | 1,192 | 1,514 | 1,815 |
Tax % | 37% | 39% | 35% | 32% | 36% | 28% | 28% | 25% | 25% | 26% | |
47 | 32 | 31 | 108 | 80 | 82 | 297 | 625 | 890 | 1,126 | 1,338 | |
EPS in Rs | 32.69 | 22.08 | 21.59 | 14.99 | 11.09 | 11.44 | 36.28 | 75.41 | 106.68 | 133.98 | 151.11 |
Dividend Payout % | 13% | 25% | 31% | 91% | 24% | 24% | 35% | 36% | 37% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 41% |
3 Years: | 49% |
TTM: | 48% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 70% |
3 Years: | 55% |
TTM: | 27% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 42% |
3 Years: | 45% |
Last Year: | 43% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 72 | 72 | 72 | 82 | 83 | 83 | 84 | 90 |
Reserves | 332 | 355 | 375 | 403 | 459 | 519 | 1,049 | 1,502 | 2,078 | 2,955 | 5,188 |
333 | 358 | 772 | 1,125 | 872 | 491 | 1,171 | 1,258 | 788 | 2,541 | 3,135 | |
295 | 411 | 641 | 767 | 805 | 1,108 | 2,511 | 4,378 | 4,528 | 7,674 | 9,993 | |
Total Liabilities | 974 | 1,139 | 1,803 | 2,367 | 2,209 | 2,190 | 4,814 | 7,220 | 7,478 | 13,254 | 18,406 |
121 | 122 | 123 | 116 | 134 | 124 | 115 | 152 | 187 | 409 | 459 | |
CWIP | 1 | 3 | 1 | 0 | 1 | 2 | 0 | 12 | 62 | 1 | 0 |
Investments | 0 | 0 | 50 | 6 | 15 | 35 | 6 | 19 | 109 | 0 | 355 |
852 | 1,014 | 1,630 | 2,246 | 2,059 | 2,029 | 4,693 | 7,037 | 7,120 | 12,844 | 17,593 | |
Total Assets | 974 | 1,139 | 1,803 | 2,367 | 2,209 | 2,190 | 4,814 | 7,220 | 7,478 | 13,254 | 18,406 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
11 | -77 | -210 | -309 | 689 | 643 | -1,199 | 558 | 804 | -330 | |
-7 | -13 | -50 | 47 | -6 | -28 | 25 | -52 | -185 | -91 | |
2 | 40 | 350 | 239 | -361 | -449 | 894 | -165 | -908 | 1,331 | |
Net Cash Flow | 5 | -51 | 91 | -23 | 323 | 166 | -280 | 340 | -289 | 910 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 218 | 361 | 712 | 75 | 101 | 19 | 64 | 90 | 45 | 42 |
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 218 | 361 | 712 | 75 | 101 | 19 | 64 | 90 | 45 | 42 |
Working Capital Days | 122 | 119 | 289 | 244 | 127 | -380 | -235 | -569 | -474 | -525 |
ROCE % | 12% | 11% | 18% | 13% | 14% | 27% | 35% | 44% | 39% |
Documents
Announcements
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Intimation Under SEBI (LODR) Regulations, 2015
12 Apr - Revised key business parameters and ADTO data.
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Update on board meeting
10 Apr - Board to consider final dividend for FY 2024-25.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under Reg 74(5) of SEBI (DP) Regulation 2018 for quarter ended March 31,2025
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Announcement under Regulation 30 (LODR)-Monthly Business Updates
4 Apr - Monthly business performance update for March 2025.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
27 Mar - Of allotment of 15,319 equity shares of Rs. 10 each pursuant to exercise under Angel Broking Emplyee Long Term Incentive Plan 2021.
Annual reports
Concalls
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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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]