Angel One board to consider share split, interim dividend; record date set for January 21

Domestic brokerage Angel One Ltd on Wednesday (January 7) said it has scheduled a board meeting on January 15, 2026, to review key corporate actions, including a proposal to alter its share capital through a sub-division or split of its existing equity shares.

Currently, each share carries a face value of ₹10. The final structure of the share split will be determined by the board, subject to shareholder and regulatory approvals.

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In addition to the share capital alteration, the board will also consider declaring the first interim dividend for financial year 2025-26. Shareholders eligible to receive the interim dividend will be determined based on the record date of January 21, 2026.

Second Quarter Results

Net profit for the quarter fell to ₹212 crore, down from ₹423 crore in the same period a year earlier. Revenue from operations declined 20% to ₹1,201 crore, compared to ₹1,514 crore in the year-ago quarter, reflecting muted trading activity and reduced client participation in high-margin segments.

Earnings before interest, tax, depreciation and amortisation (EBITDA) dropped 38.2% to ₹415.2 crore, from ₹671.9 crore a year earlier. The company’s EBITDA margin also contracted significantly, falling to 34.5% from 44.7% in Q2 FY25.

Also Read: Angel One's client acquisition increased 3% to 5.6 lakh in October

Adjusted for one-off advertising expenses related to the Indian Premier League (IPL) in Q1, EBDAT grew 6.1%, and margins remained steady at 34.5%.

Shares of Angel One Ltd ended at ₹2,472, up by ₹60.70, or 2.52%, on the BSE.