Angel One Reports 49% Decline in Q4 Profit to Rs 174.5 Crore, Revenue Decreases 22%
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Synopsis
Angel One has disclosed its Q4 FY25 financial results, showing a 49% drop in net profit to Rs 174.5 crore and a 22% decline in revenue to Rs 1,056 crore. Despite these challenges, a final dividend of Rs 26 per share was approved.
Key Takeaways
- Net profit fell by 49% to Rs 174.5 crore.
- Total revenue decreased by 22.1% to Rs 1,056 crore.
- EBITDA dropped by 44% to Rs 264.3 crore.
- Net broking revenue declined by 28% to Rs 490.6 crore.
- Final dividend of Rs 26 per share approved by the board.
Mumbai, April 17 (NationPress) - Angel One has revealed its financial outcomes for the fourth quarter (Q4) of FY25, indicating a significant 49% decline in net profit, which fell to Rs 174.5 crore, down from Rs 399.9 crore during the corresponding quarter last year.
The firm’s total revenue from operations saw a decrease of 22.1% year-on-year (YoY), amounting to Rs 1,056 crore in the March quarter, compared to Rs 1,357.3 crore in Q4 FY24.
Moreover, its earnings before interest, tax, depreciation, and amortisation (EBITDA) experienced a notable drop, landing at Rs 264.3 crore, marking a 44% decrease from Rs 475.5 crore a year prior.
Angel One’s core operations were also affected; the net broking revenue plummeted by nearly 28% to Rs 490.6 crore, down from Rs 685.6 crore in the March 2024 quarter.
Despite the disappointing financial results, the board of directors sanctioned a final dividend of Rs 26 per share for FY25 during a meeting on April 16.
Following the earnings report, Angel One’s stock fell 3.85% to Rs 2,262 on the National Stock Exchange (NSE) during early trading. In contrast, the Nifty index dipped 0.23% to 23,383.10. Year-to-date in 2025, Angel One shares have dropped by nearly 25%.
Founded in 1996 and led by Dinesh Thakkar, Angel One, previously known as Angel Broking, provides a range of financial services including stock broking, mutual funds, insurance, and personal loans.
As of March 2024, the company boasts a client base of 3.1 crore and manages assets exceeding Rs 3,700 crore. Its total market capitalisation is currently at Rs 20,495.84 crore.
In a regulatory filing, Angel One confirmed that its Board of Directors had approved and recommended a final dividend of Rs 26 per equity share for shareholders for FY25.
The filing stated, "The Board has approved and recommended the Final Dividend of Rs 26 per equity share for the financial year 2024-25. If approved by the Company members at the forthcoming Annual General Meeting (AGM), the dividend will be disbursed within 30 days from the AGM date."
