Hot Pursuit     07-Feb-24
Angel One spurts as client base climbs 58% YoY in January
Angel One rallied 6.04% to Rs 3,318 after the brokerage company’s client base surged 58.49% to 20.43 million in January 2024 as against 12.89 million in January 2023.
On sequential basis, the company's client base grew by 5.03% month on month (MoM) from 19.45 million in December 2023.

Gross client acquisition stood at 1.03 million in January 2024 as compared with 0.39 million in January 2023 (up 162.7%) and 1.05 million in December 2023 (down 1.90%).

Angel's overall average daily turnover (ADTO) rose to Rs 43,87,900 crore in Q3 FY24, up 4.43% QoQ and up 157.79% YoY. The company's ADTO from the F&O segment stood at Rs 43,36,400 crore in January 2024 (up 4.39% MoM and up 159.29% YoY). ADTO from the cash segment was at Rs 8,100 crore (up 12.5% MoM and up 186% YoY) and ADTO from the commodity segment stood at Rs 36,000 crore (up 7.78% MoM and up 144.8% YoY) in January 2024.

The company's turnover market share in cash market share was at 15.6% (up 70 bps MoM and up 260 bps YoY) in January 2024.The company's turnover market share in commodity segment was at 59.7% (down 163 bps MoM while up 858 bps YoY) during the period under review.

Angel's average daily orders (ADO) stood at Rs 7.56 million in January 2024, up 10.2% MoM and up 84.6% YoY.

Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. The company provides broking and advisory services, margin funding, loans against shares and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms and network of authorized persons.

The brokerage company’s consolidated net profit declined 14.52% to Rs 260.3 crore in Q3 FY24 as against Rs 304.5 crore recorded in Q2 FY24. Total income rose marginally on YoY basis to Rs 1060.8 crore in the quarter ended 31 December 2023.

Previous News
  Angel One allots 24,851 equity shares under ESOP
 ( Corporate News - 30-Jan-26   14:45 )
  Angel One to hold board meeting
 ( Corporate News - 19-Jun-25   09:49 )
  Angel One client base jumps 40% YoY in March‘25
 ( Hot Pursuit - 04-Apr-25   10:51 )
  Market opens at new life highs; breadth strong
 ( Market Commentary - Mid-Session 03-Jun-24   09:39 )
  Angel One Ltd leads losers in 'A' group
 ( Hot Pursuit - 11-Sep-25   15:00 )
  Angel One allots 90,821 equity shares under ESOP
 ( Corporate News - 30-Oct-25   18:36 )
  Angel One rises on incorporating life insurance arm with Singapore's LivWell
 ( Hot Pursuit - 17-Sep-25   12:50 )
  Angel One consolidated net profit rises 8.13% in the December 2024 quarter
 ( Results - Announcements 14-Jan-25   07:35 )
  Angel One records 7.9% MoM growth in Avg. Client Funding Book
 ( Corporate News - 05-Aug-25   09:26 )
  Market at day’s low; European mkt decline
 ( Market Commentary - Mid-Session 06-Sep-24   13:36 )
  Angel One client base increases to 24.72 million in June
 ( Corporate News - 05-Jul-24   08:57 )
Other Stories
  Heritage Foods Q4 PAT slides 37% YoY to Rs 24 cr
  11-May-26   16:59
  Afcons Infrastructure emerges as lowest bidder for €677 million railway project in Europe
  11-May-26   16:00
  Affle 3I surges after Q4 PAT jumps 16% YoY to Rs 119 cr
  11-May-26   15:51
  D. B. Corp gains after Q4 PAT rises 19% YoY to Rs 62 cr
  11-May-26   15:07
  Urban Company tumbles after Q4 net loss widens to Rs 161 cr
  11-May-26   15:01
  Jyothy Labs Ltd leads losers in 'A' group
  11-May-26   15:00
  Sika Interplant Systems Ltd leads losers in 'B' group
  11-May-26   14:45
  Volumes jump at C.E. Info Systems Ltd counter
  11-May-26   14:30
  Shyam Metalics Q4 PAT jumps 46% YoY to Rs 319 cr
  11-May-26   14:09
  Canara Bank slides as Q4 PAT tanks 10% YoY to Rs 5,003 cr
  11-May-26   14:05
Back Top