Angel One Ltd. reported a stronger sequential quarter in Q3FY26 and announced two shareholder actions that kept the stock in focus in Friday’s trade.
Angel One posted a consolidated profit after tax of ₹268.7 crore for the December 2025 quarter, up 26.9% quarter-on-quarter from ₹211.7 crore in Q2FY26. Consolidated gross revenue increased 11.1% QoQ to ₹1,337.7 crore.
Operating performance also strengthened. EBDAT rose 24.8% QoQ to ₹405 crore, while the EBDAT margin expanded to 39.4% from 34.5% in the prior quarter.
Reports also flagged a year-on-year decline in Q3 net profit, even as the company improved sequentially. That mix kept attention on both earnings quality and near-term growth signals.
Alongside the results, the board approved the first interim dividend for FY26 at ₹23 per equity share. The company set January 21, 2026, as the record date. It said it would pay the dividend on or before February 13, 2026.
The board also approved a 1:10 stock split. Under the proposal, one equity share with a face value of ₹10 will be split into 10 equity shares with a face value of ₹1 each, subject to applicable regulatory and shareholder processes.
Market participants often track such actions because they can broaden the shareholder base and improve trading liquidity, even though they do not change the company’s underlying value in and of themselves.
Angel One shares opened higher on January 16 and moved sharply up in early trade. The stock touched an intraday high near ₹2,725 on the BSE, reflecting gains of about 7% to 8% during the session, as investors reacted to the earnings print and board decisions.
Operational metrics offered additional context to the quarterly update. Angel One reported a total client base of 35.7 million, up 4.8% QoQ, while gross client acquisitions stood at 1.75 million, up 0.5% QoQ. Its share of India’s demat accounts increased to 16.5%, up 8 basis points from the previous quarter.
The company also reported growth in wealth and asset management. Wealth management AUM rose 33.7% QoQ to ₹82.2 billion, while AMC AUM increased 16.7% QoQ to ₹4.7 billion. Management commentary highlighted momentum in commodities orders and higher credit disbursements during the quarter.