Key Highlights
- Angel One’s client base increased 17.4% YoY to 40.60 million in October 2026.
- Total orders rose 13.9% MoM to 139.31 million.
- Gross client acquisition increased 44.7% MoM to 0.66 million.
- Average daily orders grew 19.6% MoM to 6.97 million.
- Average client funding book stood at ₹78.06 billion, up 34.8% YoY.
- Overall notional ADTO increased 25.3% MoM to ₹56,244 billion.
- Option premium turnover ADTO surged 71.5% YoY to ₹3,259 billion.
- Commodity ADTO increased 81.1% YoY to ₹3,027 billion.
- Overall retail equity market share stood at 20.5%.
- F&O retail market share increased to 23.2%, up 161 bps YoY.
- Angel One recorded its highest monthly client additions in nine months.
Angel One Limited reported an improvement in trading activity and client engagement in October 2026, with its client base increasing 17.4% year-on-year (YoY) to 40.60 million. The stockbroking company also recorded a 13.9% month-on-month (MoM) increase in total orders to 139.31 million, compared with 122.29 million in September 2026.
Gross client acquisition increased 44.7% MoM to 0.66 million in October, compared with 0.45 million in the previous month. On a yearly basis, client acquisition grew 16.4% from 0.56 million in October 2025.
The average daily order count increased 19.6% MoM to 6.97 million, compared with 5.82 million in September. This was also 4.2% higher than the 6.69 million orders recorded in October 2025.
Angel One’s average client funding book stood at ₹78.06 billion in October, marginally lower than ₹78.71 billion in September but 34.8% higher than ₹57.91 billion a year earlier.
Trading Activity and Turnover
Angel One’s average daily turnover (ADTO) based on notional turnover across segments increased during October.
Overall notional ADTO increased 25.3% MoM to ₹56,244 billion, compared with ₹44,879 billion in September. However, it remained 5.1% lower than ₹59,294 billion recorded in October 2025.
In the futures and options (F&O) segment, notional ADTO increased 25.9% MoM to ₹53,149 billion from ₹42,205 billion. On a YoY basis, it declined 7.6% from ₹57,544 billion.
Option premium turnover ADTO increased 16.5% MoM to ₹3,259 billion from ₹2,797 billion. It registered a 71.5% YoY increase compared with ₹1,900 billion in October 2025.
F&O option premium turnover ADTO stood at ₹164 billion, increasing 33.7% MoM and 9.5% YoY.
Meanwhile, cash segment ADTO declined 8.1% MoM to ₹68 billion from ₹74 billion in September and was down 14% YoY. Commodity ADTO increased 16.4% MoM to ₹3,027 billion and surged 81.1% compared with ₹1,671 billion in October 2025.
Retail Turnover Market Share
Angel One recorded an improvement in its retail turnover market share across equity segments based on option premium turnover.
Overall equity market share increased to 20.5% in October from 19.6% in September, representing an improvement of 85 basis points (bps). However, it was marginally lower than the 20.5% recorded in October 2025.
In the F&O segment, market share increased to 23.2% from 22.5% in September, gaining 74 bps. It also improved by 161 bps compared with 21.6% in October 2025.
Cash segment market share stood at 15.9%, declining 28 bps MoM and 281 bps YoY. Commodity market share decreased to 38.4%, down 329 bps MoM and 1,670 bps YoY.
Management Commentary
Angel One stated that October witnessed improved client engagement and trading activity, alongside its highest monthly client additions in nine months.
The company also reported that total orders and average daily orders reached a seven-month high during the month. While cash and commodity market shares moderated, commodity ADTO recorded a significant increase, reflecting continued business activity.
According to the company, improved trading activity supported sequential gains in overall retail equity market share, alongside an all-time high F&O market share.
The October 2026 business update was based on a limited review by the management team. Angel One stated that it intends to provide such business updates on a monthly basis.