Angel One Reports 20.5% Yearly Growth in Client Base to 37.39 Million
Angel One client base jumps 20.5% YoY to 37.39 million
Business Standard
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Angel One, a financial services company, reported a 20.5% year-on-year increase in its client base, reaching 37.39 million by March 2026. The average client funding book also grew by 45.3%, indicating strong business performance despite a decline in overall daily turnover.
- 01Client base increased by 20.5% year-on-year to 37.39 million.
- 02Average client funding book rose by 45.3% to ₹5,305 crore.
- 03Overall average daily turnover decreased by 10.4% year-on-year.
- 04Commodity trading saw a significant increase of 175.5% in average daily turnover.
- 05The company maintained a steady growth trajectory despite challenging market conditions.
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Angel One has reported a substantial 20.5% year-on-year growth in its client base, reaching 37.39 million clients as of March 2026. This growth is complemented by a significant increase in the average client funding book, which rose to ₹5,305 crore (approximately $640 million USD), marking a 45.3% increase. Despite this, the overall average daily turnover experienced a decline of 10.4% compared to the previous year, indicating challenges in the market. Notably, the commodity trading segment thrived, with a remarkable 175.5% increase in average daily turnover, showcasing a shift in client trading preferences. The results reflect Angel One's resilience and adaptability in a fluctuating financial landscape.
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The growth in Angel One's client base and funding indicates increased participation in financial markets, potentially leading to more investment opportunities for individuals.
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