Angel One Limited (ANGELONE) AI Stock Analysis

• Market Cap: ₹243.13B
• Dividend Yield: 1.88%
• Average Volume (3M): 74.76K
• Price to Earnings (P/E): 19.8
• Beta (1Y): 1.93
• Revenue Growth: -12.65%
• EPS Growth: -42.72%
• Country: IN
• Employees: 3,650
• Sector: Technology
• Sector Strength: 88
• Industry: Financial - Capital Markets
• EPS (TTM): 2.97
• Shares Outstanding: 909,055,200
• 10 Day Avg. Volume: 120,727
• 30 Day Avg. Volume: 74,757
• PEG Ratio: -5.75
• Price to Book (P/B): 3.72
• Price to Sales (P/S): 4.92
• P/FCF Ratio: -10.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 13.61
• Revenue Forecast (FY): ₹56.16B

• Rating: 65 Neutral
• Price Target: ₹287.00 ▼(-88.05% Downside)
• Action: Downgraded Date: 03/19/26
• Date: Action: Downgraded 03/19/26

The score is primarily supported by strong financial performance (revenue growth, profitability, and a solid balance sheet), but it is held back by weaker cash flow metrics and bearish technicals (below key moving averages with negative MACD). Valuation is fair with a modest dividend yield, providing some stability but not enough to offset the technical weakness.

Positive Factors

Diversified digital revenue model

Angel One’s platform monetizes multiple durable revenue streams—brokerage, interest on financing, product distribution and subscription services. This diversification reduces reliance on any single revenue driver, supports recurring income, and strengthens resilience to changes in trading volumes over a multi‑month horizon.

Negative Factors

Volatile operating cash flow

Volatile operating cash flow and negative free cash flow indicate cash conversion weakness and higher capital or working capital needs. Persisting cash shortfalls can constrain reinvestment, limit flexibility for buybacks/dividends, and raise financing needs during periods of lower trading activity.

Angel One Limited Business Overview & Revenue Model

Company Description

Angel One Limited provides broking and advisory services, margin funding, loans against shares, and financial products to its clients in India. It operates in three segments: Broking and Related Services; Finance and Investing Activities; and Heal...

Read more

Angel One Limited provides broking and advisory services, margin funding, loans against shares, and financial products to its clients in India. It operates in three segments: Broking and Related Services; Finance and Investing Activities; and Heal...

How the Company Makes Money

Angel One makes money primarily through its broking operations and allied financial services delivered via its trading/investing platform. Key revenue streams typically include: (1) Brokerage and transaction-related income: fees/charges associated...

Read more

Angel One makes money primarily through its broking operations and allied financial services delivered via its trading/investing platform. Key revenue streams typically include: (1) Brokerage and transaction-related income: fees/charges associated...

Angel One Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	39.80B	42.48B	33.97B	24.73B	19.98B	11.38B
Gross Profit	24.36B	27.05B	20.70B	14.87B	12.04B	6.19B
EBITDA	17.47B	19.44B	16.71B	12.92B	9.24B	4.67B
Net Income	9.94B	11.72B	11.26B	8.90B	6.25B	2.97B
Balance Sheet
Total Assets	0.00	168.89B	132.54B	74.78B	72.20B	48.14B
Cash, Cash Equivalents and Short-Term Investments	0.00	78.32B	106.68B	54.91B	50.09B	18.87B
Total Debt	0.00	34.14B	25.41B	7.87B	12.58B	11.71B
Total Liabilities	-56.39B	112.50B	102.15B	53.16B	56.36B	36.83B
Stockholders Equity	56.39B	56.21B	30.39B	21.62B	15.84B	11.31B
Cash Flow
Free Cash Flow	0.00	-20.24B	-5.37B	6.89B	4.88B	-9.59B
Operating Cash Flow	0.00	-18.60B	-3.30B	8.03B	5.58B	-9.44B
Investing Cash Flow	0.00	-3.41B	-910.48M	-1.85B	-523.54M	247.97M
Financing Cash Flow	0.00	19.17B	13.31B	-9.07B	-1.65B	8.94B

Angel One Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2401.95
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANGELONE, the sentiment is Positive. The current price of 2401.95 is above the 20-day moving average (MA) of 227.58, above the 50-day MA of 242.51, and above the 200-day MA of 248.79, indicating a neutral trend. The MACD of 1.13 indicates Negative momentum. The RSI at 57.62 is Neutral, neither overbought nor oversold. The STOCH value of 91.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ANGELONE.

Angel One Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KPITTECH	66 Neutral	₹197.64B	59.84	―	0.69%	13.34%	5.98%
NEWGEN	65 Neutral	₹65.63B	47.37	―	0.59%	11.47%	12.41%
ANGELONE	65 Neutral	₹243.13B	19.80	―	1.88%	-12.65%	-42.72%
CYIENT	64 Neutral	₹95.47B	33.59	―	2.62%	1.68%	-12.95%
INTELLECT	62 Neutral	₹95.60B	118.88	―	0.69%	15.87%	39.55%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AFFLE	61 Neutral	₹199.26B	52.98	―	―	19.55%	20.85%

Angel One Limited Corporate Events