profit from every ₹100 of sales.

Angel One
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹33.80 for every ₹1 of profit it makes in a year.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Angel One sold, what it kept, and what it did with the cash.
Sales went from ₹24.7 billion in 2023 to ₹43.1 billion in 2026, with ₹9.15 billion of profit last year.
Angel One vs. similar companies
Angel One grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
Angel One | 33.8× · Expensive | ||
Morgan Stanley | 17.3× · Fair price | ||
The Goldman Sachs Group | 15.2× · Fair price | ||
The Charles Schwab | 18.1× · Fair price | ||
Interactive Brokers Group | 134.3× · Very expensive |
AI analysis
An AI analyst reads Angel One's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 24,732 | 33,970 | 42,476 | 43,054 | |
| 14,870 | 20,701 | 27,045 | 27,579 | |
| 10,026 | 11,408 | 11,240 | 8,873 | |
| 12,918 | 16,714 | 19,443 | 18,000 | |
| 8,900 | 11,255 | 11,721 | 9,151 | |
| 10.51 | 13.18 | 12.68 | 9.85 | |
| 60.1% | 60.9% | 63.7% | 64.1% | |
| 40.5% | 33.6% | 26.5% | 20.6% | |
| 36.0% | 33.1% | 27.6% | 21.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 74,777 | 132,537 | 168,886 | 239,038 |
| Cash | 1,331 | 10,430 | 7,592 | 1,624 |
| Total debt | 7,879 | 25,411 | 34,137 | 79,514 |
| Total liabilities | 53,161 | 102,151 | 112,495 | 177,549 |
| 21,616 | 30,386 | 56,214 | 61,178 | |
| 847 | 854 | 924 | 929 | |
| 32.1% | 21.8% | 15.3% | 8.9% | |
| 41.2% | 37.0% | 20.9% | 15.0% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 8,042 | -3,299 | -18,598 | -41,417 | |
| 1,142 | 2,075 | 1,639 | 808 | |
| 6,900 | -5,374 | -20,237 | -42,226 | |
| Dividends paid | 3,756 | 3,242 | 1,986 | 4,442 |
| – | – | – | – | |
| 528 | 636 | 1,056 | 1,832 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 33.8×
- –
- –
- 4.8×
- 7.2×
- 3.0%
- 1.4%
Profitability
- 21.3%
- 8.9%
- 19.5%
- –
- –
Growth
- +20.3%
- −2.1%
- –
- +3.1%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
48.5% of its profit
Room to growStretchedMore than it earnsNews
Trump Blasts Anthropic CEO As “Perfect Little Angel,” Says AI Only Needs One “Guardrail.” You Can Probably Guess What It IsYahoo Finance · Sep 14, 2026The newest story we have is from Sep 14, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Angel One
Is Angel One a good stock to buy?
A strong, very profitable business, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Angel One AI analysis
What does Angel One do?
Angel One Limited provides broking and advisory services, margin funding, and financial products to its clients in India and internationally. The company provides equity, commodities, derivatives, and currency derivative products. It is in Capital Markets, based in Mumbai, India, with 2,934 employees.
Does Angel One pay a dividend?
Yes. At today's price the dividend is 1.4% a year, about 49% of its yearly profit. In 2026 it paid out ₹4.44 billion in dividends.
Is Angel One stock halal?
Yes. Angel One passes our halal screen: its business is permitted and its debt is 26% of its market value, under the 30% limit. How we check
Who are Angel One's competitors?
The largest listed companies in the same industry are Morgan Stanley, The Goldman Sachs Group, The Charles Schwab and Interactive Brokers Group. The peers table on this page compares their profit, growth and price with Angel One's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



