Angel Broking is a well-established online brokerage firm in India, with a market capitalization of over ₹15,000 crores.
The company's share price has been steadily increasing over the years, with a current market price of around ₹300 per share.
In the fiscal year 2020-21, Angel Broking reported a revenue of ₹2,331 crores, with a net profit of ₹224 crores.
The company's financial performance has been driven by its strong online presence and growing user base, with over 2 million active clients.
Financial Performance
Angel One's financial performance has been impressive, with a significant increase in revenue and net profit over the years.
The company's revenue has grown from Rs 7,246 million in FY20 to Rs 42,717 million in FY24, with a compound annual growth rate (CAGR) of 74%.
Angel One's net profit has also seen a substantial rise, from Rs 823 million in FY20 to Rs 11,255 million in FY24, with a CAGR of 34%.
The company's operating profit has grown from Rs 1,896 million in FY20 to Rs 17,004 million in FY24, with a CAGR of 81%.
Here's a breakdown of Angel One's financial performance over the years:
Angel One's financial performance has been impressive, with a significant increase in revenue and net profit over the years.
Financial Metrics
Angel One's financial metrics are a reflection of its growth and stability in the market. The company's net sales have grown from Rs 7,246 million in FY20 to Rs 42,717 million in FY24, with a CAGR of 42%.
Angel One's operating profit has also seen a significant increase, from Rs 1,896 million in FY20 to Rs 17,004 million in FY24. This growth can be attributed to the company's ability to manage its expenses effectively. The operating profit margin has fluctuated between 26% and 44% over the years, indicating a stable business model.
The company's net profit has also seen a substantial increase, from Rs 823 million in FY20 to Rs 11,255 million in FY24. The net margin has ranged from 11% to 30% over the years, indicating a healthy profit margin.
Here's a snapshot of Angel One's key financial metrics:
Profit & Loss
Profit & Loss is a vital financial metric that helps investors understand a company's performance over time.
Angel One's income has been steadily increasing, from ₹461.72 in Mar 2015 to ₹4279.78 in Mar 2024.
The company's profit has also seen a significant growth, from ₹46.95 in Mar 2015 to ₹1125.61 in Mar 2024.
EPS (Earnings Per Share) is another crucial metric that indicates the company's profitability. Angel One's EPS has increased from ₹0 in Mar 2015 to ₹133.98 in Mar 2024.
Here's a comparison of Angel One's income and profit over the years:
Share Key Metrics
Angel One's financial snapshot reveals a remarkable growth trajectory. Net sales have surged from Rs 7,246 million in FY20 to Rs 42,717 million in FY24, with a compound annual growth rate (CAGR) of over 50%.
The company's operating profit has also increased significantly, from Rs 1,896 million in FY20 to Rs 17,004 million in FY24. This growth is reflected in the operating profit margin (OPM), which has expanded from 26% in FY20 to 40% in FY24.
Angel One's net profit has risen from Rs 823 million in FY20 to Rs 11,255 million in FY24, with a net margin of 26% in FY24. The return on equity (ROE) has also improved, from 15.5% in FY20 to 44.5% in FY24.
Here's a summary of Angel One's key financial metrics:
Angel One's share price has also seen significant fluctuations, with a 1-year return of -17.94%. However, over the longer term, the stock has delivered impressive returns, with a 3-year return of 134.63% and a 5-year return of 935.74%.
Technical Analysis
Angel Broking's technical analysis reveals a strong uptrend in the company's share price. The Relative Strength Index (RSI) has been consistently above 50, indicating a bullish trend.
The stock has shown significant growth in the past few years, with the 52-week high being ₹166.75 and the 52-week low being ₹77.50.
Angel Broking's share price has been influenced by the company's expanding user base and increasing revenue.
The Moving Average Convergence Divergence (MACD) indicator has given a buy signal in the past, suggesting a potential increase in the share price.
The company's financial performance has been improving, with a net profit of ₹51.35 crores in Q3 FY21.
The stock's Relative Strength (RS) has been increasing steadily, indicating a strong upward trend in the share price.
Frequently Asked Questions
What is the price target for Angel One in 2025?
According to analysts, the price target for Angel One is estimated to be between 2,450.00 INR and 4,200.00 INR. The average price target is 3,536.88 INR.
Sources
- https://www.financialexpress.com/market/angel-one-ltd-share-price/
- https://equitypandit.com/historical-data/ANGELONE
- https://www.zeebiz.com/markets/stocks/news-angel-one-share-price-nse-bse-broking-firm-q2-results-price-target-264735
- https://www.equitypandit.com/share-price/ANGELONE
- https://www.equitymaster.com/detail.asp
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