Key Highlights
- Client base increased 18.8% YoY to 38.59 million in Q1 FY27.
- Average client funding book reached a record ₹61.37 billion with 45.9% YoY growth.
- Overall notional ADTO rose 46.0% YoY to ₹52,402 billion.
- Overall option premium ADTO jumped 149.8% YoY to ₹2,617 billion.
- Number of orders increased 18.4% YoY to 406.14 million.
- Average daily orders stood at 6.77 million and increased 20.3% YoY.
- Commodity ADTO surged 184.6% YoY to ₹2,367 billion.
- Overall retail equity market share based on option premium turnover was 20.2%.
Angel One Limited reported steady operational performance for the quarter ended June 2026 (Q1 FY27), with its client base rising 18.8% year-on-year to 38.59 million. The company said its average client funding book reached a record high during the quarter, supported by continued growth in margin funding activities.
According to the company’s monthly business update filed with the stock exchanges, the average client funding book increased to ₹61.37 billion in Q1 FY27, registering a 45.9% increase compared with ₹42.06 billion in Q1 FY26 and a 4.9% rise over the previous quarter.
However, gross client acquisition declined to 1.34 million during the quarter from 1.55 million a year earlier and 1.82 million in the preceding quarter.
The number of orders executed during Q1 FY27 stood at 406.14 million, up 18.4% year-on-year but down 5.7% sequentially. Average daily orders also increased 20.3% from the corresponding quarter last year to 6.77 million, although they declined 5.7% compared with Q4 FY26.
Angel One’s overall Average Daily Turnover (ADTO) based on notional turnover was ₹52,402 billion during the quarter, an increase of 46.0% year-on-year. However, it declined 7.6% sequentially from ₹56,688 billion in the March quarter. F&O ADTO rose 42.8% year-on-year to ₹49,943 billion but was 9.1% lower quarter-on-quarter.
Based on option premium turnover, overall ADTO climbed to ₹2,617 billion, marking a 149.8% increase from the year-ago period and a 38.7% rise over the previous quarter. Cash ADTO rose 12.7% year-on-year to ₹92 billion, while commodity ADTO surged 184.6% year-on-year to ₹2,367 billion.
In terms of retail turnover market share, Angel One’s overall equity market share based on option premium turnover stood at 20.2% during Q1 FY27, while its F&O market share was 22.2%. Cash turnover market share was 17.4%, and commodity turnover market share stood at 52.3%.
For June 2026 alone, Angel One’s client base remained at 38.59 million, up 18.8% year-on-year and 1.1% from May 2026. The average client funding book rose to ₹67.83 billion during the month, a 44.1% increase from June 2025.
The company stated that the record average client funding book reflected continued growth in its margin funding business. It also noted that cash market share improved sequentially during the quarter, while commodity market share moderated because of overall market expansion and changes in product mix. Average daily orders declined on a quarter-on-quarter basis amid softer market conditions but remained above Q1 FY26 levels, supported by sustained client activity across the platform.
