Angel One Limited — Important, 12-04-2025: Updates

Angel One Limited has revised its key business metrics following the identification of a computation methodology issue in its cash and commodity segments for the period of October 2024 to March 2025. This adjustment has impacted the overall average daily turnover (ADTO) figures across segments.

In March 2025, the client base grew to 31.02 million, marking a significant year-on-year increase of 39.5%. However, gross client acquisition declined by 43.6% compared to the previous year, totaling 0.47 million. The average client funding book was Rs. 38.49 billion, up 113.6% year-on-year, while the number of orders shrank by 22.8% to 102.08 million.

In terms of ADTO, notable figures for March 2025 included Rs. 36,383 billion overall, a decrease of 17.3% year-on-year, alongside a premium turnover of Rs. 860 billion, which saw a year-on-year increase of 25.7%. The company’s market share in cash trading reached 17.2%, up 197 basis points year-on-year, indicating a positive outlook amidst the adjustments. Investors should watch closely as these revisions may impact future earning potential.