Angel One Biz Update: Client base, market share increase in December and Q3

Shares of Angel One Ltd. are in focus on Thursday, January 8, as it released its business update for the month of December and for the third quarter.

In December, its gross client acquisition of 0.68 million increased 35.3% from the previous month, while it declined 12.8% from the previous year.

For the December quarter, gross client acquisition increased

to 1.75 million, up 0.5% sequentially but down 16.3% from the year-ago period.

Angel One's client base of 35.71 million in December was 1.8% more than the previous month and 21% more than the previous year.  Client base in the third quarter increased 4.8% and 21% sequentially and annually respectively.

Its number of orders increased 10% from November and 8% from the year-ago period to 129.01 million. In the third quarter, Angel One's number of orders were at 380.07 million, up 5.4% sequentially and down 9.9% annually.

Its average daily orders declined 5% on a monthly basis but were up 3.1% from the previous year at 5.86 million. Its average daily orders in the December quarter increased 10.6% from the previous quarter and declined 9.9% from the year-ago period to 6.23 million.

In December, Angel One's retail turnover market share of 20.4% increased by 12 basis points and 62 basis points from the previous month and year, respectively. On a quarterly basis, its market share declined by 4 basis points sequentially but increased 91 basis points from last year.

Its F&O market share of 22% in December increased by 51 basis points from the previous month and by 39 basis points in the year-ago period. Meanwhile, the F&O market share of 21.7% in the third quarter increased by 1 basis point in the previous quarter and declined by 14 basis points last year.

Its cash turnover market share of 17.9% in December declined by 39 basis points from November but increased by 56 basis points from the year-ago period. In the December quarter, it declined by 37 basis points to 18.3% but increased by 91 basis points in the previous year.

The commodity turnover market share in December declined by 57 basis points to 51.9% in December and declined by 793 basis points from the previous year. In the third quarter, it declined by 1,205 basis points to 53.1% from the previous quarter and was down 717 basis points from the previous year.

On another note, Angel One also said its board will meet on January 15 to consider a stock split and a dividend payout for shareholders. It said the board will consider the sub-division or split of existing equity shares with a face value of ₹10 each.

This is also the first instance of the firm announcing a split of its equity shares.

Angel One's board will also consider declaring the company's first interim dividend for the financial year 2026. It has fixed January 21 as the record date for the interim dividend.

Shares of Angel One ended the previous session 2.5% up at 2,472 apiece. The stock has declined 6.9% in the past year.

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