Angel One Declares ₹23 Dividend, Approves 1:10 Stock Split Amidst Revenue Growth

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AuthorRiya Kapoor|Published at:
Angel One Declares ₹23 Dividend, Approves 1:10 Stock Split Amidst Revenue Growth
Overview

Angel One reported a mixed Q3 FY26, with net profit dipping 4.5% year-on-year to ₹268.6 crore, but revenue climbed 5.8% to ₹1,334.8 crore. The brokerage firm's board approved a substantial ₹23 per share interim dividend and a 1:10 stock split, signaling strong confidence and a commitment to shareholder value, supported by robust growth in its broking, wealth management, and credit businesses.

Angel One Posts Mixed Q3 Results, Rewards Shareholders

Angel One Ltd. reported its third-quarter financial results for FY26 on Thursday, revealing a 4.5% year-on-year decline in net profit to ₹268.6 crore. This comes despite a 5.8% increase in revenue, which reached ₹1,334.8 crore for the quarter. The company also saw its EBITDA rise by 6.7% to ₹529.1 crore, with EBITDA margins improving slightly to 39.6%.

Quarter-on-quarter performance showed stronger momentum. Consolidated total gross revenues surged 11.1% sequentially to ₹1,337.7 crore. Consolidated EBDAT (earnings before depreciation, amortisation, and taxes) jumped 24.8% QoQ to ₹405 crore, with margins expanding to 39.4% from 34.5% in the previous quarter. Profit after tax also grew significantly by 26.9% QoQ.

Shareholder Value Boosted

The company's board has approved a significant interim dividend of ₹23 per share for its investors. In a move designed to increase stock liquidity and make shares more accessible, Angel One also announced a proposed 1:10 stock split. This split will reduce the face value of each equity share from ₹10 to ₹1, subject to necessary shareholder and regulatory approvals.

Business Segments Show Growth

Growth drivers included the broking and distribution segments, where EBDAT rose 25.3% QoQ. The client funding book expanded 10.4% QoQ to ₹5,860 crore. Non-broking businesses also showed strength, with unique SIPs reaching 23 lakh and credit disbursals climbing 55.7% QoQ to ₹710 crore. The wealth management AUM grew 33.7% QoQ to ₹8,220 crore.

Technology as a Key Enabler

Group CEO Ambarish Kenghe highlighted the critical role of technology and artificial intelligence in the company's strategy. He noted the launch of a beta version of an in-house data analyst agent and the adoption of AI across the development lifecycle, aimed at reducing decision times and boosting productivity. The company also reported its highest-ever commodity orders and significant growth in its emerging businesses, including credit disbursals.

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