Angel One Q1 PAT doubles to ₹270.74 cr, mandates Deloitte as auditor
Profit jumps 102% YoY, though down from March quarter's ₹320 cr. Deloitte appointment signals governance upgrade.
— 6 earlier stories on Angel One Ltd. →What's new
- Standalone PAT at ₹270.74 cr, more than double last year.
- Interim dividend of Re 1 per share with record date July 21.
- Board to appoint Deloitte Haskins & Sells as statutory auditor for five years.
Why this matters
The 102% YoY profit growth keeps Angel One on a strong trajectory, though the sequential dip from March's ₹320 cr flags quarterly lumpiness. The Re 1 dividend is nominal for a ₹30,620 cr market cap. Auditing by a Big Four firm is a governance signal, but it's locked in approvals and won't move near-term earnings.
What we're watching
- Whether the March quarter's ₹320 cr profit can be sustained in FY27.
- Shareholder and regulatory nod for Deloitte's appointment.
- Management commentary on client addition and revenue diversification.
The full read
Angel One's Q1 standalone PAT hit ₹270.74 crore — more than double last year. Strong. But the sequential dip from March's ₹320 crore flags lumpiness in broking earnings. A stock already trading at 33.5 times trailing earnings and a market cap of ₹30,620 crore gets a Re 1 dividend that is routine. The real news is the planned appointment of Deloitte Haskins & Sells as auditor: a Big Four move that long-term holders value as a governance upgrade. Yet it's subject to approvals and won't change near-term cash flows. The next test is whether the March run-rate can be sustained.
Questions answered
- How does Q1 PAT compare to the previous quarter?
- Q1 PAT of ₹270.74 cr is lower than the ₹320 cr reported in the March 2026 quarter, but represents a 102% jump over the same quarter last year.
- What is the significance of the auditor change to Deloitte?
- Appointing Deloitte, a Big Four firm, typically signals a move toward higher audit standards and institutional governance. The change is subject to shareholder and regulatory approvals.
- Is the Re 1 dividend meaningful for investors?
- At a market cap of ₹30,620 cr, the Re 1 dividend is a routine, small distribution. It is not a material return for shareholders.
- Why is Q1 profit down from the March quarter despite strong YoY growth?
- Quarterly earnings in stock broking are lumpy due to market volatility. The trailing PAT growth (screener basis) is 83.5%, so Q1's 102% YoY is above that trend, but sequential dips are normal.
- What did the board meeting outcome specifically approve?
- The board approved the unaudited standalone results, declared an interim dividend of Re 1 per share with record date July 21 and payment by August 14, and proposed appointing Deloitte Haskins & Sells as auditor.
- What is the record date and payment date for the dividend?
- The record date is July 21, 2026, and the dividend will be paid by August 14.
Angel One Ltd.
Latest quarter · Jun 2026
Leverage & growth
Story so far
All notes on ANGELONE →- 15 Jul 2026 · 6:03 PM IST Angel One Q1 PAT doubles to ₹270.74 cr, mandates Deloitte as auditor
- 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 net profit doubles to ₹270.74 cr, declares interim dividend
- 2d ago Angel One Q1 standalone PAT jumps to ₹271 crore