Hot Pursuit     21-Apr-22
Angel One soars after Q4 PAT spurts 100% YoY
Angel One surged 8.86% to Rs 1769 after the company's consolidated net profit doubled to Rs 204.7 crore in Q4 FY22 from Rs 101.9 crore in Q4 FY21.

Total Revenue from operations increased by 64.3% YoY to Rs 671.3 crore during the quarter.

Total expenses rose by 48.6% to Rs 411 crore in Q4 FY22 over Q4 FY21.

Profit before tax in Q4 FY22 stood at Rs 205.4 crore, up by 94.6% from Rs 105.6 crore in Q4 FY21.

As compared with Q3 FY22, the company's net profit and revenue are higher by 24.4% and 12.4%, respectively.

Earnings before depreciation, amortization, & taxes (EBDAT) improved by 23.9% to Rs 279.5 crore in Q4 FY22 from Rs 225.6 crore in Q3 FY22. EBDAT margin expanded to 54.9% in Q4 FY22 from 50.7% in Q3 FY22.

The company witnessed strong gross addition in client base by 1.5 million clients in Q4 FY22 as compared to 1.3 million clients in Q3 FY22. Total client base was 9.2 million in Q4 FY22 as against 7.8 million in Q3 FY22.

The broking service provider recorded a net profit of Rs 624.8 crore in FY22 as against a net profit of Rs 296.9 crore in FY21. Total revenue from operations rose by 78.7% to Rs 2,258.6 crore in FY22 over FY21.

Dinesh Thakkar, chairman and MD, said: "FY2022 has been a momentous year where India has achieved numerous milestones in capital markets, most notably, highest-ever gross client addition in a year, rising retail participation leading to record high daily turnover.

I am happy to share that Angel One commands a 10%+ market share in India's total as well as active demat accounts."

The company's board of directors has recommended a dividend of Rs 9.25 per equity share as a combination of interim and final dividend.

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

Previous News
  Volumes jump at Chemplast Sanmar Ltd counter
 ( Hot Pursuit - 02-Jul-24   11:00 )
  Volumes spurt at Angel One Ltd counter
 ( Hot Pursuit - 02-Jul-24   14:30 )
  Angel One board OKs to raise Rs 2000 cr
 ( Hot Pursuit - 23-Feb-24   08:38 )
  Angel One schedules AGM
 ( Corporate News - 17-Jul-24   09:30 )
  Angel One spurts as client base climbs 58% YoY in January
 ( Hot Pursuit - 07-Feb-24   10:40 )
  Angel One Ltd leads losers in 'A' group
 ( Hot Pursuit - 02-Jul-24   15:00 )
  Angel One client base climbs 61% YoY in February
 ( Hot Pursuit - 04-Mar-24   10:38 )
  Angel One update key business parameters for July'23
 ( Corporate News - 07-Aug-23   09:04 )
  Angel One grants 1060 stock options and 710 RSUs
 ( Corporate News - 04-Jan-23   15:55 )
  Angel One consolidated net profit rises 49.55% in the June 2022 quarter
 ( Results - Announcements 15-Jul-22   08:10 )
  Angel One rises after client base jumps 82% YoY in August
 ( Hot Pursuit - 05-Sep-22   10:27 )
Other Stories
  Tata Motors total sales drop 11% YoY in Sept’24
  01-Oct-24   15:33
  Vipul Organics hits all-time high after board OKs Rs 25 cr right issue
  01-Oct-24   15:06
  Magellanic Cloud Ltd leads losers in 'A' group
  01-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  01-Oct-24   14:45
  GE Power India rises on bagging order worth Rs 240-cr
  01-Oct-24   14:41
  Volumes jump at Caplin Point Laboratories Ltd counter
  01-Oct-24   14:30
  TVS Motor registers 20% growth in September 2024 sales; Q2 total sales at 12.28 lakh units
  01-Oct-24   14:07
  Oil and Gas shares slide
  01-Oct-24   14:00
  Telecom shares fall
  01-Oct-24   14:00
  Real Estate stocks slide
  01-Oct-24   14:00
Back Top