Angel One Company Overview and Analysis

Angel One is a leading online brokerage firm in India, founded in 2015.

The company is headquartered in Mumbai, Maharashtra.

Angel One offers a range of investment products and services, including stocks, derivatives, currencies, and commodities.

Its user-friendly platform provides customers with a seamless trading experience.

Angel One is a company that started its journey as a traditional stock brokerage firm in 1996.

The company's focus has always been on understanding what customers want and then using technology to fulfill those needs. This approach has led to significant growth and expansion, with the company now having a large geographical presence across the country.

Angel One's transformation into a digital-first company began in 2019, when it started offering an end-to-end digital investment solution to its customers. This move has been successful, with the company onboarding millions of new customers, including those from tier-2 and tier-3 cities.

The company's commitment to customer needs and wants has also led to its growth in terms of active clients on the NSE, making it the largest listed retail broking house in India as of December 31, 2021.

Mr. Dinesh Thakkar, the founder of Angel One, started the business with the vision of creating a firm that is transparent, technology-led, and customer-friendly. This vision has guided the company's growth and success.

Here is a list of Mr. Dinesh Thakkar's roles and positions:

Angel One is a fintech company that offers a mobile trading app for stocks, commodities, and currencies.

Angel One was founded in 2011 and is headquartered in Mumbai, India.

The company provides a range of services including demat accounts, trading accounts, and mutual fund investments.

Angel One has a strong presence in India with over 1.5 million customers.

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Angel One provides a wide range of investment options, including Stocks, Mutual Funds, ETFs, US Stocks, Currencies, Commodities, Futures & Options, and Bonds.

The company has also made strategic investments in various companies, such as Rithmik, GamyFi, and Flosonics Medical, with Rithmik being invested in as recently as March 2024.

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Angel One's share price has seen fluctuations, falling as much as 4.7% to Rs 3,070 apiece in November 2024, but still maintaining a strong client base with 2.88 crore clients, up 2.0% on a month-on-month basis.

Here's a breakdown of Angel One's investments and acquisitions:

Angel One has had its fair share of funding and investments, with a total of $38.4M raised over 3 rounds. Its first funding round was on Dec 31, 2007, with IFC being the sole investor.

Angel One's investors include IFC, Franklin Templeton India, HDFC Mutual Fund, and many others. IFC is actually the largest institutional investor in Angel One. Vinay Agrawal and 35 others are also Angel Investors in Angel One.

The company's shareholding pattern has seen some changes over time. As of Dec 2023, the promoters held 38.23% of the shares, while FIIs held 19.11% and DIIs held 9.32%. The number of shareholders has also increased, from 1,55,194 in Dec 2023 to 3,81,346 in Sep 2024.

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Angel One's most recent funding round was a Post IPO round on Apr 05, 2024, for $180M. This round was led by Motilal Oswal Asset Management Company, Franklin Templeton India, Aditya Birla Sun Life AMC, ICICI Prudential Life Insurance, and HDFC Mutual Fund.

Here's a breakdown of the company's funding rounds:

Angel One's founders hold a significant portion of the company's shares, with a holding percentage of 24.21%. The company's total net worth is around $31Cr, with the founder's net worth being $7.51Cr.

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To start your investment journey, consider Angel One, which offers a wide range of investment options to diversify your portfolio.

Angel One allows you to invest in Stocks, Mutual Funds, ETFs, US Stocks, Currencies, Commodities, Futures & Options, and Bonds, giving you a solid foundation to build upon.

With so many options available, it's essential to research and understand each investment type before making a decision.

Angel One provides a platform to explore these options and make informed investment choices.

Angel One's financial performance has been quite impressive over the years. Sales have been steadily increasing, with a compounded growth rate of 56% in the last year.

The company's operating profit margin (OPM) has fluctuated between 33% and 47% over the past few years, with an average of 40%. This indicates a relatively stable operating performance.

Angel One's net profit has been steadily increasing, with a compounded growth rate of 29% in the last year. The company's net profit margin has also been increasing, with a net profit of 423 crores in the last quarter.

Here's a breakdown of Angel One's sales growth over the past few years:

Angel One's EPS has also been increasing, with a value of 46.96 in the last quarter. This suggests that the company's earnings per share have been growing steadily over the past few years.

Angel One's share price fell as much as 4.7% to Rs 3,070 apiece in November.

The company reported a 14.6% month-on-month fall in gross client acquisition in November to 6 lakh.

Angel One's client base for November came in at 2.88 crore, up 2.0% on a month-on-month basis and 56% higher than last year.

The number of orders in November fell 23.5% month-on-month but rose 22.2% on a year-on-year basis to 13 crore.

Angel One's share price pared losses to trade 0.6% lower at Rs 3,202.55 apiece as of 10:20 a.m.

The relative strength index was at 69, indicating a strong market performance.

Total traded volume so far in the day stood at 1.33 times its 30-day average.

Six out of eight analysts tracking the company maintain a 'buy' rating, while two recommend a 'hold' and one suggests 'sell'.

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Angel One has several competitors in the online trading and investment space. One of its notable competitors is Upstox, which was founded in 2009 and is based in Mumbai, India. Upstox offers a range of financial products, including demat and trading accounts, mutual funds, and IPO applications.

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Geojit is another retail financial services company that offers online share trading and investment services. It provides services such as equity broking, mutual fund distribution, and portfolio management through digital trading platforms.

Groww is a broker-based online trading and investment platform that ranks 1st among Angel One's competitors. It has received $393M in total funding and is backed by investors like Tiger Global Management and Iconiq Capital.

Angel One ranks 2nd among its competitors, with a Tracxn Score of 75/100. It has received $38.4M in total funding and is backed by investors like IFC and Franklin Templeton India.

Here is a list of Angel One's top 10 competitors, ranked by their overall rank:

Angel One has made several investments and acquisitions over the years, starting with Rithmik in 2024, GamyFi in 2021, and Flosonics Medical in 2018. These investments demonstrate Angel One's commitment to supporting innovative companies.

Angel One's investments are spread across different locations, including Fernie, Canada, Singapore, and Greater Sudbury, Canada. This diversification suggests that Angel One is open to investing in companies from various regions.

Here are some of Angel One's notable investments and acquisitions:

Angel One has had a significant amount of funding over the years, with a total of $38.4M raised across 3 rounds. Its first funding round was on December 31, 2007.

The company's latest funding round was a Post IPO round on April 5, 2024, for $180M. This round saw participation from 5 investors, including Motilal Oswal Asset Management Company, Franklin Templeton India, Aditya Birla Sun Life AMC, ICICI Prudential Life Insurance, and HDFC Mutual Fund.

Here is a list of Angel One's recent funding rounds:

Angel One has been actively making strategic investments and acquisitions to expand its services and offerings.

In 2024, Angel One invested in Rithmik, a company founded in 2015 in Fernie, Canada.

Angel One's investments in GamyFi in 2021 and Flosonics Medical in 2018 have also been notable.

Here's a brief overview of Angel One's investments and acquisitions:

These investments demonstrate Angel One's commitment to growth and expansion.