Mumbai, India – Angel One Limited, a prominent Indian stockbroking firm, recently announced its financial results for the third quarter of fiscal year 2026, ending December 31, 2025. The company reported a significant 26.9% rise in profit after tax (PAT) on a quarter-on-quarter (QoQ) basis. Alongside these earnings, Angel One’s board approved an interim dividend for shareholders and a 1:10 stock split. The company's consolidated net profit for Q3 FY26 stood at ₹269 crore. This marked a 4% to 4.5% decline compared to the same period last year. Howe^{[1][2][3][4][5]}ver, the sequential growth in profit after tax was robust, climbing to ₹2.7 billion (₹270 crore) from the previous quarter. ### Str^[6]ong Revenue and Operational Growth Angel One's revenue from operations increased during the quarter. The company reported revenues of ₹1,334.8 crore to ₹1,335 crore, showing a rise of 5.8% to 6% year-on-year (YoY). Consolidated^[1][2][3][4] gross revenue saw an 11.1% increase sequentially, reaching ₹1,337.7 crore in Q3 FY26 from ₹1,204.2 crore in Q2 FY26. Operational eff^[4]iciency also improved. Earnings before depreciation, amortization, and taxes (EBDAT) grew by 24.8% QoQ to ₹405 crore, with the EBDAT margin expanding to 39.4% from 34.5% in the previous quarter. EBDAT from the bro^[4]king and distribution businesses, which include mutual funds and credit, increased by 25.3% QoQ to ₹433.6 crore. ### Rewarding Share^[7][4]holders: Dividend and Stock Split The board of directors declared a first interim dividend of ₹23 per equity share for the financial year 2025-26. The company set Januar^{[1][2][7][3][5][8][9]}y 21, 2026, as the record date for determining eligible shareholders for this dividend. The dividend payment i^[3][9]s scheduled to occur on or before February 13, 2026. In a strategic move t^[7][3][9]o enhance stock liquidity and make shares more accessible, the board also approved a 1:10 stock split. This subdivision means^{[1][2][7][3][5][8][9]} each existing equity share with a face value of ₹10 will be split into ten equity shares, each having a face value of ₹1. This action aims to encour^[2][7][5][9]age broader market participation, especially from retail investors. The stock split is subject^[2][5][9] to approval from shareholders through a postal ballot and other necessary regulatory clearances. The company expects to com^[5][9]plete this process within two months after receiving all approvals. The record date for the st^[9]ock split will be announced at a later time. ### Expanding Client Base^[3] and Business Segments Angel One continued to expand its reach, with its total client base growing to 35.7 million by December 2025. This represents a 4.8% inc^[6][10][11]rease quarter-on-quarter and a 21% rise year-on-year. Gross client acquisition f^[6][10][11]or Q3 FY26 reached 1.7 million, showing a 0.5% sequential increase. The company's Assets Unde^[6][12]r Custody (AUC) also saw growth, reaching ₹1.5 trillion, a 5.6% increase QoQ. The average client funding b^[6]ook expanded by 10.4% QoQ to ₹5,860 crore. In its non-broking businesses,^[2][6][4] unique Systematic Investment Plans (SIPs) reached 2.3 million during the quarter, while credit disbursals surged by 55.7% QoQ to ₹710 crore. Wealth management assets under m^[2][6][4]anagement (AUM) grew by 33.7% QoQ to ₹8,220 crore. ### Technology and Future Outlook^[2][6] Angel One's management highlighted technology and artificial intelligence (AI) as crucial drivers for growth and efficiency. Ambarish Kenghe, Group CEO, stated, "This quarter, we launched the beta of our in-house data analyst agent and began adopting agentic AI across our development lifecycle, reducing decision and execution time, boosting productivity and helping us stay ahead". The company is focused on scaling^[7] its digital platforms, strengthening its market leadership, and enhancing client engagement through personalized investing journeys. Angel One offers a comprehensive f^[6]inancial ecosystem, including broking, wealth management, asset management, mutual funds, credit, fixed deposits, and insurance, aiming for a healthy mix of fee-based and annuity-based businesses. This strategic direction underscor^[6]es the company's commitment to leveraging innovation for sustained growth and shareholder value.

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