Angel One Limited — Investor Meet, 21-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Angel One reported robust Q1 FY'27 results with revenue at ₹1,430 Cr (+25.4% YoY) and PAT at ₹230 Cr (+102.1% YoY). Normalized EBDAT margin stood at 43.6%. The company achieved a record average client funding book of ₹6,140 Cr and total AUM grew 33.3% to ₹13,440 Cr, showcasing diversified revenue streams. Management emphasized India's multi-decade financialization opportunity, leveraging AI and technology for deeper engagement and efficiency. While credit distribution moderated sequentially to ₹530 Cr, a strong long-term growth is expected. Angel One is investing in new businesses like Wealth and Asset Management (Q1 burn 4% of operating margin, aiming for breakeven in 3-4 years) without diluting overall profitability, maintaining a confident long-term outlook.