Key Financial Figures - Consolidated (Q2 FY27)

  • Revenue from Operations: ₹14,269.89 million
  • Interest Income: ₹5,100.31 million
  • Fees and Commission Income: ₹9,095.04 million
  • Net Gain on Fair Value Changes: ₹74.23 million
  • Dividend Income: ₹0.31 million
  • Other Income: ₹45.47 million
  • Total Income: ₹14,315.36 million
  • Total Expenses: ₹9,730.37 million
  • Finance Costs: ₹1,474.60 million
  • Fees and Commission Expense: ₹1,910.91 million
  • Employee Benefits Expenses: ₹2,555.12 million
  • Depreciation, Amortization and Impairment: ₹348.44 million
  • Other Expenses: ₹3,443.27 million (includes IPL sponsorship expenses)
  • Impairment on Financial Instruments: ₹(1.97) million
  • Profit Before Tax: ₹4,584.99 million
  • Tax Expense: ₹1,235.24 million
  • Current Tax: ₹1,240.44 million
  • Deferred Tax: ₹(5.35) million
  • Taxes for Earlier Years: ₹0.15 million
  • Profit for the Period: ₹3,349.72 million
  • Total Comprehensive Income: ₹3,350.73 million
  • Basic EPS: ₹3.67
  • Diluted EPS: ₹3.57
  • Equity Share Capital: ₹914.59 million (Face value Re. 1 each)

Key Financial Figures - Consolidated (H1 FY27)

  • Revenue from Operations: ₹28,566.80 million
  • Total Income: ₹28,652.54 million
  • Profit Before Tax: ₹7,831.67 million
  • Profit for the Period: ₹5,663.70 million
  • Basic EPS: ₹6.20
  • Diluted EPS: ₹6.04

Key Financial Figures - Standalone (Q2 FY27)

  • Revenue from Operations: ₹13,981.39 million
  • Total Income: ₹14,006.58 million
  • Profit Before Tax: ₹4,879.91 million
  • Profit for the Period: ₹3,667.42 million
  • Basic EPS: ₹4.01
  • Diluted EPS: ₹3.91

Key Financial Figures - Standalone (H1 FY27)

  • Revenue from Operations: ₹28,078.90 million
  • Total Income: ₹28,141.08 million
  • Profit Before Tax: ₹8,515.64 million
  • Profit for the Period: ₹6,374.81 million
  • Basic EPS: ₹6.98
  • Diluted EPS: ₹6.80

Dividend Declaration

The Board declared a second interim dividend for FY 2026-27 at the rate of ₹1.40 per equity share of face value of Re. 1 per share.

  • Record Date: Thursday, October 22, 2026
  • Payment Date: On or before Saturday, November 14, 2026

Credit Rating

ICRA Limited maintained IND AA- (Stable) credit rating for the Company's Redeemable Non-Convertible Debentures with no change during the quarter.

Subsidiary Information

The consolidated results include:

  • Six subsidiaries reviewed by their independent auditors with total assets of ₹1,989.96 million
  • Two subsidiaries with unaudited results (total assets ₹191.40 million)
  • One associate (Angel One Livwell Limited) with Group's share of net loss of ₹0.03 million for the quarter

Employee Stock Options

  • The Nomination and Remuneration Committee granted 73,376 restricted stock units during the quarter
  • As of September 30, 2026, the Company had 2,37,30,192 restricted stock units, 8,85,880 performance stock units and 7,65,239 stock options outstanding
  • Angel One Wealth Limited granted 28,145 Performance Stock Units and 42,218 Restricted Stock Units under its LTI Plan 2024

Security Cover

The Company confirmed that secured Non-Convertible Debentures are fully secured by a pari-passu charge on all present and future receivables with minimum asset cover of 1.00 time as required.

Key Financial Ratios (Consolidated)

  • Debt Equity Ratio: 1.13 times
  • Debt Service Coverage Ratio: 4.43 times
  • Interest Service Coverage Ratio: 3.86 times
  • Net Worth: ₹67,123.97 million
  • Current Ratio: 0.97 times
  • Operating Margin: 27.42%
  • Net Profit Margin: 19.83%

Key Financial Ratios (Standalone)

  • Debt Equity Ratio: 1.11 times
  • Debt Service Coverage Ratio: 4.62 times
  • Interest Service Coverage Ratio: 4.11 times
  • Net Worth: ₹68,240.82 million
  • Current Ratio: 0.95 times
  • Operating Margin: 30.33%
  • Net Profit Margin: 22.70%

Utilization of Issue Proceeds

No deviation in use of ₹50 crore funds raised through Non-Convertible Debentures via private placement on February 24, 2026. ₹49.96 crore utilized as of September 30, 2026.

Meeting Details

Board meeting held on October 15, 2026 at Maple Conference Room, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai from 2:05 PM to 5:00 PM.

Additional Information

  • Company primarily operates in one business segment: "Broking and related services"
  • IPL sponsorship and related expenses: ₹1,366.63 million for H1 FY27