Angel One Limited — Important, 05-02-2025: Monthly Business Updates

For January 2025, Angel One reported a month-over-month increase in trading days by 9.5% and a year-over-year client base growth of 47.5%, reaching 30.13 million clients. However, gross client acquisition dropped by 15.4% month-over-month and 36.0% year-over-year. The average client funding book increased by 3.1% from December 2024 to Rs. 41.99 billion, showing an impressive 86.7% rise from the previous year. The total number of orders grew by 5.4% from the prior month, but saw a significant year-over-year decline of 24.3%, with average daily orders down 27.6% year-on-year.

In terms of market performance, Angel One's overall Average Daily Turnover (ADTO) was Rs. 30,824 billion, up 6.2% month-over-month but down 29.8% year-over-year. Retail turnover market shares also improved for both equity and futures & options segments, indicating a positive outlook despite the overall decline in order and client acquisition metrics. Investors may want to watch closely as the company navigates these fluctuations while capitalizing on its growing client base.