Angel One shares slump 6% after reporting 49% YoY drop in Q4 PAT

Shares of Angel One fell by 6.4% on the NSE on Thursday, April 17, to their day’s low of Rs 2,201, after the company reported a sharp decline in its quarterly earnings for the fourth quarter of FY25.

Angel One Q4 Results

The brokerage firm’s profit after tax fell by 48.7% year-on-year (YoY) to Rs 174.52 crore in the said quarter. The brokerage firm also posted a 38% quarter-on-quarter (QoQ) drop in profit after tax (PAT), down from Rs 281.5 crore in Q3FY25.

Angel One’s total income also saw a decline of 16% QoQ, falling from Rs 1,263.8 crore in Q3FY25 to Rs 1,057.8 crore in the March quarter. Earnings Before Depreciation, Amortization, and Tax (EBDAT) stood at Rs 264.3 crore in Q4FY25, down 36% compared to Rs 4,141 crore in the preceding quarter.

Despite the fall in earnings, Angel One recorded robust growth in its client acquisition metrics on a YoY basis. Its total client base surged by 39.5% YoY to 3.1 crore, while its share in India’s demat accounts expanded by 143 basis points to 16.1%. However, gross client acquisition fell sharply by 43.9% YoY to 16 lakh.

In terms of active client metrics, the company’s NSE active client base rose 24% YoY to 76 lakh. Its share in NSE active clients also improved by 41 basis points YoY to 15.4%, maintaining its rank as the third-largest NSE active client holder.

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Angel One dividend

In line with its dividend policy, the Board of Directors has approved a final dividend of Rs 26 per share, reflecting the company’s dedication to creating value for its shareholders.

Future outlook

As the company looks to the future, it said that it sees great potential in the market. It remains confident that regulatory interventions will ultimately contribute to a more efficient, transparent, and sustainable ecosystem. The progress made in FY25 strengthens its optimism for the tremendous growth opportunities ahead.

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