Angel One Q1 net profit doubles to ₹270.74 cr, declares interim dividend
Profit surges 102% on 26% higher revenue. Board also proposes Deloitte as statutory auditor for five-year term.
— 6 earlier stories on Angel One Ltd. →What's new
- Standalone PAT jumps 102% YoY to ₹270.74 cr
- Revenue from operations rises 26% to ₹1,409.75 cr
- Board declares Re 1/share interim dividend, record date July 21
- Plans to appoint Deloitte Haskins & Sells as statutory auditor
Why this matters
The 102% PAT growth confirms a strong start to FY27, but the numbers were already widely anticipated given the trailing 83.5% PAT growth. The dividend is modest relative to the ₹30,620 cr market cap. The auditor change to Deloitte is a routine transition. Expect limited price reaction as the market had already priced in this performance.
What we're watching
- Whether the growth trajectory sustains through the year
- Any impact from CTO change announced last month
- Formal shareholder approval for Deloitte appointment at AGM
The full read
Profit doubled. Angel One's Q1 standalone PAT hit ₹270.74 crore, surging 102% from last year's ₹133.91 crore, while revenue climbed 26% to ₹1,409.75 crore. The board also declared a Re 1 interim dividend and proposed Deloitte Haskins & Sells as the next statutory auditor. But the quarter slipped 15% sequentially from the March quarter's ₹320 crore, and revenue dipped from ₹1,459 crore. Strong year-on-year growth is partly a base effect, and the ₹30,620 crore market cap got only a token dividend. This is a good quarter, not a game-changer. The open question is whether growth sustains as market conditions shift.
Questions answered
- How does Angel One's Q1 FY27 performance compare with the previous quarter?
- Q1 standalone PAT of ₹270.74 cr is lower than the March quarter's ₹320 cr (sequential decline of 15%), but revenue also fell from ₹1,459 cr to ₹1,409.75 cr (down 3.4%). However, YoY growth remains strong.
- What is the significance of the 102% PAT growth?
- It shows continued momentum after a 83.5% trailing PAT growth. The broking sector has benefited from market volatility and client additions.
- Why is the dividend only Re 1 per share?
- The dividend is an interim payout; the fiscal year's total will depend on full-year earnings. Given the stock's market cap, the payout is modest.
- Is the auditor change from S.R. Batliboi to Deloitte significant?
- It's a planned transition after S.R. Batliboi's term expires. Deloitte is a large reputable auditor; no surprises.
- What was the market reaction to these results?
- The filing notes results were widely anticipated and likely already priced in. Share price movement will depend more on guidance and future performance.
Angel One Ltd.
Latest quarter · Jun 2026
Leverage & growth
Story so far
All notes on ANGELONE →- 15 Jul 2026 · 5:54 PM IST Angel One Q1 net profit doubles to ₹270.74 cr, declares interim dividend
- 1d ago Angel One eyes broking margin of 45-50%, weighs active asset management
- 2d ago Angel One Q1 net profit surges 102% to ₹2,707 mn
- 2d ago Angel One Q1 PAT doubles to ₹270.74 cr, mandates Deloitte as auditor
- 2d ago Angel One Q1 standalone PAT jumps to ₹271 crore