Angel One Limited is a Mid-Cap company with a market cap of 10,781.13 Cr and the company operates as a stockbroking company. The brokerage company’s consolidated net profit (from continuing operations) grew by 38.62% YoY 228.04 cr in Q3FY23 from 164.5 Cr posted in the year-ago quarter. Reported net income of the company 759.66 cr in Q3FY23 as compared to Rs. 605.25 Cr was posted in Q3FY22, representing a YoY growth of 25.51%. In the third quarter, the number of customers of the company increased by 60.7% 1.25 crores. Consolidated earnings before depreciation, amortization and taxes (EBDAT) increased 292.6 cr in Q2 FY23 309.9 crore in Q3 FY23, a growth of 6.8%. The EBDAT margin for Q3 FY23 was 53.9%.
The company said in a stock exchange filing that “the Board has declared third interim dividend for the financial year 2022-23 at the rate of Rs. 9.60 per share on Equity Shares of face value of Rs. 10 per share, as on the record date.” Further, as already informed, the record date for determining the eligibility of shareholders for payment of interim dividend declared by the Board of Directors shall be Tuesday, January 24, 2023. The dividend will be paid on or before February 15, 2023 Members whose names appear in the register of members or in the records of the depositories as the beneficial owners of the shares at the end of Tuesday, the 24th day of January, 2023, being the record date prescribed for this purpose.”.
According to Angel One’s earnings report, its net customer base climbed to 12.5 million in Q3 FY2023, up 8.1% sequentially and 60.7% year-on-year, and its average daily turnover (ADTO) reached Gone. 14.5 trillion.
Angel One share on NSE today 1,292.60 each level, down 1.78% m from the previous close 1,316.00. The stock recorded a total volume of 687,270 shares as compared to 20-day average volume of 379,071 shares. For the quarter ended December or Q3FY23, the company posted promoter shareholding of 43.68%, FII shareholding of 17.25%, DII shareholding of 9.27% and public shareholding of 29.80%.
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