Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Angel One Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 826 | 808 | 1,048 | 1,059 | 1,357 | 1,405 | 1,515 | 1,262 | 1,056 | 1,141 | 1,202 | 1,335 | 1,459 |
| Expenses + | 440 | 487 | 605 | 661 | 827 | 935 | 843 | 766 | 713 | 866 | 786 | 806 | 861 |
| Operating Profit | 386 | 320 | 443 | 398 | 530 | 470 | 672 | 496 | 343 | 275 | 415 | 529 | 599 |
| OPM % | 47% | 40% | 42% | 38% | 39% | 33% | 44% | 39% | 32% | 24% | 35% | 40% | 41% |
| Other Income + | 5 | 4 | 1 | 2 | 1 | 5 | 1 | 2 | 2 | 3 | 2 | 3 | 8 |
| Interest | 21 | 18 | 26 | 36 | 56 | 56 | 75 | 84 | 80 | 83 | 93 | 127 | 134 |
| Depreciation | 9 | 9 | 11 | 13 | 17 | 23 | 26 | 27 | 29 | 30 | 31 | 32 | 33 |
| Profit before tax | 362 | 297 | 407 | 351 | 459 | 397 | 572 | 387 | 236 | 164 | 294 | 373 | 440 |
| Tax % | 26% | 26% | 25% | 26% | 26% | 26% | 26% | 27% | 26% | 30% | 28% | 28% | 27% |
| Net Profit + | 267 | 221 | 304 | 260 | 340 | 293 | 423 | 281 | 175 | 114 | 212 | 269 | 320 |
| EPS in Rs | 3.20 | 2.63 | 3.63 | 3.10 | 4.05 | 3.25 | 4.70 | 3.12 | 1.93 | 1.26 | 2.33 | 2.96 | 3.52 |
Financials of Angel One Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 450 | 451 | 440 | 770 | 778 | 748 | 1,289 | 2,292 | 3,002 | 4,272 | 5,239 | 5,138 |
| Expenses + | 339 | 362 | 437 | 516 | 575 | 570 | 828 | 1,366 | 1,708 | 2,579 | 3,256 | 3,318 |
| Operating Profit | 112 | 90 | 3 | 254 | 203 | 178 | 460 | 926 | 1,294 | 1,693 | 1,983 | 1,820 |
| OPM % | 25% | 20% | 1% | 33% | 26% | 24% | 36% | 40% | 43% | 40% | 38% | 35% |
| Other Income + | 11 | 11 | 112 | 14 | 11 | 7 | 10 | 5 | 18 | 7 | 8 | 15 |
| Interest | 38 | 36 | 54 | 95 | 70 | 50 | 42 | 76 | 91 | 137 | 296 | 438 |
| Depreciation | 10 | 13 | 14 | 15 | 20 | 21 | 18 | 19 | 30 | 50 | 103 | 125 |
| Profit before tax | 74 | 52 | 48 | 159 | 124 | 114 | 410 | 836 | 1,192 | 1,514 | 1,592 | 1,272 |
| Tax % | 37% | 39% | 35% | 32% | 36% | 28% | 28% | 25% | 25% | 26% | 26% | 28% |
| Net Profit + | 47 | 32 | 31 | 108 | 80 | 82 | 297 | 625 | 890 | 1,126 | 1,172 | 915 |
| EPS in Rs | 3.27 | 2.21 | 2.16 | 1.50 | 1.11 | 1.14 | 3.63 | 7.54 | 10.67 | 13.40 | 12.98 | 10.05 |
| Dividend Payout % | 13% | 25% | 31% | 91% | 24% | 24% | 35% | 36% | 37% | 26% | 37% | 246% |
Financials of Angel One Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 72 | 72 | 72 | 82 | 83 | 83 | 84 | 90 | 91 |
| Reserves | 332 | 355 | 375 | 403 | 459 | 519 | 1,049 | 1,502 | 2,078 | 2,955 | 5,531 | 6,027 |
| Borrowings + | 333 | 358 | 772 | 1,125 | 872 | 491 | 1,171 | 1,258 | 788 | 2,541 | 3,414 | 7,951 |
| Other Liabilities + | 295 | 411 | 641 | 767 | 805 | 1,108 | 2,511 | 4,378 | 4,528 | 7,674 | 7,853 | 9,835 |
| Total Liabilities | 974 | 1,139 | 1,803 | 2,367 | 2,209 | 2,190 | 4,814 | 7,220 | 7,478 | 13,254 | 16,889 | 23,904 |
| Fixed Assets + | 121 | 122 | 123 | 116 | 134 | 124 | 115 | 152 | 187 | 409 | 499 | 505 |
| CWIP | 1 | 3 | 1 | 0 | 1 | 2 | 0 | 12 | 62 | 1 | 4 | 10 |
| Investments | 0 | 0 | 50 | 6 | 15 | 35 | 6 | 19 | 109 | 0 | 202 | 257 |
| Other Assets + | 852 | 1,014 | 1,630 | 2,246 | 2,059 | 2,029 | 4,693 | 7,037 | 7,120 | 12,844 | 16,184 | 23,132 |
| Total Assets | 974 | 1,139 | 1,803 | 2,367 | 2,209 | 2,190 | 4,814 | 7,220 | 7,478 | 13,254 | 16,889 | 23,904 |
Financials of Angel One Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 11 | -77 | -210 | -309 | 689 | 643 | -1,199 | 558 | 804 | -330 | -1,860 | -4,142 |
| Cash from Investing Activity + | -7 | -13 | -50 | 47 | -6 | -28 | 25 | -52 | -185 | -91 | -341 | -111 |
| Cash from Financing Activity + | 2 | 40 | 350 | 239 | -361 | -449 | 894 | -165 | -908 | 1,331 | 1,917 | 3,656 |
| Net Cash Flow | 5 | -51 | 91 | -23 | 323 | 166 | -280 | 340 | -289 | 910 | -284 | -597 |
| Free Cash Flow | -0 | -94 | -222 | -316 | 678 | 631 | -1,213 | 488 | 704 | -537 | -2,023 | -4,222 |
| CFO/OP | 28% | -109% | -6,159% | -100% | 364% | 378% | -239% | 84% | 84% | 3% | -73% | -209% |
Financials of Angel One Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 218 | 361 | 712 | 75 | 101 | 19 | 64 | 90 | 45 | 42 | 21 | 31 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 218 | 361 | 712 | 75 | 101 | 19 | 64 | 90 | 45 | 42 | 21 | 31 |
| Working Capital Days | 122 | 119 | -343 | -284 | 127 | -380 | -235 | -569 | -474 | -525 | -497 | -592 |
| ROCE % | 12% | 11% | 18% | 13% | 14% | 27% | 35% | 44% | 39% | 26% | 15% |