Angel One Limited (ANGELONE) AI Stock Analysis

• Market Cap: ₹228.08B
• Dividend Yield: 1.91%
• Average Volume (3M): 74.76K
• Price to Earnings (P/E): 29.1
• Beta (1Y): 2.09
• Revenue Growth: -12.65%
• EPS Growth: -42.72%
• Country: IN
• Employees: 3,650
• Sector: Technology
• Sector Strength: 88
• Industry: Financial - Capital Markets
• EPS (TTM): 23.00
• Shares Outstanding: 90,716,930
• 10 Day Avg. Volume: 120,727
• 30 Day Avg. Volume: 74,757
• PEG Ratio: -5.75
• Price to Book (P/B): 3.72
• Price to Sales (P/S): 4.18
• P/FCF Ratio: -10.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: ₹2,752.00 ▲(9.46% Upside)

Angel One Limited's stock score is driven by strong financial performance and positive technical indicators. However, the high P/E ratio suggests potential overvaluation, and cash flow management issues need attention. The lack of earnings call data and corporate events does not impact the score.

Angel One Limited Business Overview & Revenue Model

Company Description

Angel One Limited (ANGELONE) is a prominent financial services company in India, primarily operating in the stockbroking sector. It offers a wide range of services, including online trading, investment advisory, portfolio management, and financial products distribution. With a strong digital presence, Angel One provides a user-friendly platform for retail investors to engage in stock market trading and investment activities.

How the Company Makes Money

Angel One Limited generates revenue primarily through its brokerage services, earning commissions and fees from clients engaging in stock and commodity trading. The company also earns money by distributing financial products such as mutual funds and insurance, where it receives commissions from financial institutions. Additionally, Angel One offers value-added services such as investment advisory and portfolio management, which contribute to its revenue. The firm leverages technology to provide a seamless trading experience, which aids in attracting and retaining clients, ultimately boosting its earnings. Strategic partnerships with financial product providers enhance its offerings and provide additional revenue opportunities.

Angel One Limited Financial Statement Overview

Summary

Angel One Limited exhibits strong financial performance with robust revenue growth and profitability. The balance sheet is solid, reflecting financial stability, although cash flow management requires attention due to volatile operating cash flow and negative free cash flow.

Income Statement

Angel One Limited has demonstrated robust revenue growth with a significant increase from previous years. Gross profit and net profit margins have remained strong, indicating efficient cost management and profitability. However, there was a slight decrease in EBIT margin over the last year, which needs to be monitored.

Balance Sheet

The company's balance sheet is strong with a healthy equity ratio and improving return on equity (ROE). The debt-to-equity ratio shows a moderate level of leverage, which is manageable given the company's growth trajectory. There is a notable increase in stockholders' equity, indicating financial stability.

Cash Flow

While operating cash flow has been volatile, recent trends show improvement. Free cash flow has been negative, indicating high capital expenditures, but this could suggest strategic investments for future growth. The operating cash flow to net income ratio is concerning and suggests potential cash flow management issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	49.25B	49.95B	42.77B	29.96B	22.27B	12.87B
Gross Profit	33.53B	42.15B	33.55B	22.85B	22.27B	12.53B
EBITDA	17.47B	19.44B	16.72B	12.91B	9.24B	4.67B
Net Income	9.94B	11.72B	11.26B	8.90B	6.25B	2.97B
Balance Sheet
Total Assets	0.00	168.89B	132.54B	74.78B	72.20B	48.14B
Cash, Cash Equivalents and Short-Term Investments	0.00	78.32B	106.68B	54.91B	50.09B	18.87B
Total Debt	0.00	34.14B	25.41B	7.87B	12.58B	11.71B
Total Liabilities	-56.39B	112.50B	102.15B	53.16B	56.36B	36.83B
Stockholders Equity	56.39B	56.21B	30.39B	21.62B	15.84B	11.31B
Cash Flow
Free Cash Flow	0.00	-20.24B	-5.37B	6.89B	4.88B	-9.59B
Operating Cash Flow	0.00	-18.60B	-3.30B	8.03B	5.58B	-9.44B
Investing Cash Flow	0.00	-3.41B	-910.48M	-1.85B	-523.54M	247.97M
Financing Cash Flow	0.00	19.17B	13.31B	-9.07B	-1.65B	8.94B

Angel One Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2514.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANGELONE, the sentiment is Positive. The current price of 2514.2 is above the 20-day moving average (MA) of 2322.81, above the 50-day MA of 2347.54, and above the 200-day MA of 2482.98, indicating a bullish trend. The MACD of 57.94 indicates Negative momentum. The RSI at 70.66 is Negative, neither overbought nor oversold. The STOCH value of 83.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ANGELONE.

Angel One Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CYIENT	74 Outperform	₹132.81B	22.48	―	2.53%	1.68%	-12.95%
ANGELONE	72 Outperform	₹228.08B	29.06	―	1.91%	-12.65%	-42.72%
INTELLECT	70 Outperform	₹134.32B	37.96	―	0.70%	4.93%	15.12%
NEWGEN	69 Neutral	₹124.67B	38.42	―	0.56%	14.23%	17.64%
KPITTECH	66 Neutral	₹313.69B	38.50	―	0.72%	17.09%	21.20%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AFFLE	61 Neutral	₹265.76B	66.16	―	―	21.06%	23.33%

Angel One Limited Corporate Events

Angel One Limited Faces NSE Penalty for Reporting Discrepancies

Angel One Limited has disclosed that it received an action letter from the National Stock Exchange of India Limited (NSE) regarding penalties for incorrect reporting of margin collection and data for collateral segregation at the client level. The NSE’s limited purpose inspection revealed discrepancies in Angel One’s reporting, leading to a penalty and advisory. Angel One has responded by revising its internal processes to ensure accurate reporting and compliance with NSE regulations.

Angel One Limited Reports Growth in Market Share and Client Funding in August 2025

Angel One Limited reported its business updates for August 2025, highlighting a sustained momentum in client acquisition and a record high in average client funding book. The company experienced growth in average daily orders and expanded its market share across various segments, despite a decline in the number of trading days and gross client acquisition compared to the previous month and year. These updates reflect Angel One’s strategic focus on enhancing its operational metrics and strengthening its position in the competitive financial services market.