Angel One Limited — Credit Ratings, 30-04-2025: Credit Rating

CRISIL has reaffirmed Angel One Limited's long-term rating at AA- with a stable outlook, while maintaining a short-term rating of A1+. The outlook revision to stable reflects lower-than-expected revenue and profit growth, largely due to diminished client trading activity influenced by recent market conditions. The company's average daily turnover has significantly declined, resulting in a revenue growth slowdown to 13% in fiscal 2025. Nevertheless, Angel One's robust market share and strong capital position could help sustain investor confidence and mitigate borrowing costs in the current environment.