Key Highlights
- Angel One reports 24% year-on-year growth in client base, reaching 34.08 million
- Average client funding book rises 36.4% YoY to ₹53.05 billion
- Commodity ADTO surges 91.9% YoY to ₹1,187 billion
- Retail market share expands across equity, F and O, and cash segments
- Gross client acquisition at 1.74 million, down 41.9% YoY but up 12.2% QoQ
- Unique mutual fund SIPs cross 2.38 million in Q2 FY26
Angel One Limited (NSE: ANGELONE, BSE: 543235) released its business performance update for September 2025 and the second quarter of FY26, reporting solid client growth, higher funding activity, and an expanding retail presence across multiple trading segments.
The company’s total client base stood at 34.08 million as of September 2025, marking a 4.9% sequential rise and 24% growth compared to the previous year. During the quarter, gross client acquisition reached 1.74 million, reflecting a 12.2% increase over Q1 FY26, even as it remained lower than the 2.99 million clients added in Q2 FY25.
Angel One’s average client funding book grew by 36.4% year-on-year to ₹53.05 billion, indicating stronger participation and trading leverage among its clients.
Trading activity also remained resilient. The number of orders processed during Q2 FY26 stood at 360.43 million, up 5% quarter-on-quarter. The average daily turnover (ADTO) based on notional turnover reached ₹45,087 billion, registering a 25.6% sequential increase.
In the commodity segment, the company recorded a major surge, with commodity ADTO climbing 91.9% year-on-year to ₹1,187 billion, underscoring strong retail participation and rising commodity market interest.
Angel One’s mutual fund SIP registrations also grew 23.8% quarter-on-quarter to 2.38 million, reflecting consistent adoption of long-term investing habits among retail clients.
On the market share front, Angel One reported steady improvement across segments. Its retail equity market share rose 114 basis points (bps) YoY to 20.5%, while F&O market share improved 97 bps to 21.7%. The cash segment share increased to 18.7%, and commodity turnover share expanded sharply to 65.1%, up 296 bps YoY.
The company highlighted that acquisitions and trading activity remained stable during the period, while the growth in the funding book and market share reflected consistent execution and client engagement.