Hot Pursuit     05-Sep-22
Angel One rises after client base jumps 82% YoY in August
Angel One gained 1.93% to Rs 1,353.60 after the brokerage company said that its client base climbed 81.9% to 11.18 million in August 2022 as against 6.15 million in August 2021.

On a sequential basis, the company's client base rose by 4% month on month (MoM) from 10.75 million clients in July 2022.

Gross client acquisition stood at 0.44 million in August 2022 compared with 0.34 million in July 2022 (up 28.7%) and 0.45 million in August 2021 (down 1.06%).

Angel's overall average daily turnover (ADTO) rose to Rs 12,38,900 crore in August 2022 (up 20.1% MoM and up 117.9% YoY). The company's ADTO from the F&O segment stood at Rs 12,09,700 crore, in August 2022 (up 20.1% MoM and up 118% YoY). Cash segment was at Rs 4,200 crore (up 22% MoM and down 14.9% YoY) and commodity segment improved to Rs 15,600 crore (up 24.1% MoM and up 152.7% YoY) in August 2022.

The company's retail turnover market share in overall equity segment was 21.5% in August 2022 as against 22% in July 2022 and 21.7% in August 2021. F&O market share stood at 21.6% (down 43 bps MoM and down 24 bps YoY), cash market share reduced to 13.9% (down 87 bps MoM and down 38 bps YoY) in August 2022.The company's retail turnover market share in commodity segment improved to 51.6% (up 374 bps MoM and up 2,175 bps YoY) in August 2022.

Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE.

On a consolidated basis, Angel One reported 49.6% rise in net profit to Rs 181.51 crore on 44.69% increase in total income to Rs 686.53 crore in Q1 FY23 over Q1 FY22.

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 ( Hot Pursuit - 05-Jul-23   09:27 )
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 ( Hot Pursuit - 22-Dec-21   11:05 )
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 ( Corporate News - 03-Jun-22   09:15 )
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