Angel One Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 24, 2025, 10:12 pm

Market Cap	26,762 Cr.
Current Price	2,957
High / Low	3,503/1,941
Stock P/E	22.8
Book Value	623
Dividend Yield	1.62 %
ROCE	25.8 %
ROE	27.1 %
Face Value	10.0
PEG Ratio	0.79

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Angel One Ltd

Competitors of Angel One Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
My Money Securities Ltd	45.0 Cr.	26.8	69.2/0.00	6.53	15.8	0.00 %	44.0 %	29.8 %	10.0
Nam Securities Ltd	44.2 Cr.	81.9	198/74.1	123	21.2	0.00 %	4.55 %	3.28 %	10.0
ICDS Ltd	73.7 Cr.	57.7	76.2/33.2	52.6	22.2	0.00 %	10.6 %	4.96 %	10.0
HCKK Ventures Ltd	52.3 Cr.	141	165/77.4	238	11.8	0.00 %	6.97 %	5.14 %	10.0
Ujjivan Financial Services Ltd	7,179 Cr.	590	/	8.75	299	0.59 %	10.3 %	32.1 %	10.0
Industry Average	19,910.00 Cr	1,763.56		42.94	4,146.86	0.43%	9.21%	10.46%	7.18

All Competitor Stocks of Angel One Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	681	682	745	749	826	808	1,048	1,059	1,357	1,405	1,515	1,262	1,056
Expenses	384	416	429	424	440	487	605	661	827	935	843	766	713
Operating Profit	296	266	316	324	386	320	443	398	530	470	672	496	343
OPM %	44%	39%	42%	43%	47%	40%	42%	38%	39%	33%	44%	39%	32%
Other Income	3	2	0	11	5	4	1	2	1	5	1	2	2
Interest	20	20	24	26	21	18	26	36	56	56	75	84	80
Depreciation	5	6	7	8	9	9	11	13	17	23	26	27	29
Profit before tax	274	243	286	302	362	297	407	351	459	397	572	387	236
Tax %	25%	25%	25%	24%	26%	26%	25%	26%	26%	26%	26%	27%	26%
Net Profit	205	182	214	228	267	221	304	260	340	293	423	281	175
EPS in Rs	24.70	21.85	25.63	27.35	32.00	26.34	36.29	31.01	40.47	32.49	46.96	31.19	19.33

Last Updated: May 31, 2025, 9:50 am

Below is a detailed analysis of the quarterly data for Angel One Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,056.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,262.00 Cr. (Dec 2024) to 1,056.00 Cr., marking a decrease of 206.00 Cr..
For Expenses, as of Mar 2025, the value is 713.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 766.00 Cr. (Dec 2024) to 713.00 Cr., marking a decrease of 53.00 Cr..
For Operating Profit, as of Mar 2025, the value is 343.00 Cr.. The value appears to be declining and may need further review. It has decreased from 496.00 Cr. (Dec 2024) to 343.00 Cr., marking a decrease of 153.00 Cr..
For OPM %, as of Mar 2025, the value is 32.00%. The value appears to be declining and may need further review. It has decreased from 39.00% (Dec 2024) to 32.00%, marking a decrease of 7.00%.
For Other Income, as of Mar 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 2.00 Cr..
For Interest, as of Mar 2025, the value is 80.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 84.00 Cr. (Dec 2024) to 80.00 Cr., marking a decrease of 4.00 Cr..
For Depreciation, as of Mar 2025, the value is 29.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 27.00 Cr. (Dec 2024) to 29.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Mar 2025, the value is 236.00 Cr.. The value appears to be declining and may need further review. It has decreased from 387.00 Cr. (Dec 2024) to 236.00 Cr., marking a decrease of 151.00 Cr..
For Tax %, as of Mar 2025, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Dec 2024) to 26.00%, marking a decrease of 1.00%.
For Net Profit, as of Mar 2025, the value is 175.00 Cr.. The value appears to be declining and may need further review. It has decreased from 281.00 Cr. (Dec 2024) to 175.00 Cr., marking a decrease of 106.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 19.33. The value appears to be declining and may need further review. It has decreased from 31.19 (Dec 2024) to 19.33, marking a decrease of 11.86.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 6:08 pm

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	450	451	440	770	778	748	1,289	2,292	3,002	4,272	5,239
Expenses	339	362	437	516	575	570	828	1,366	1,708	2,579	3,256
Operating Profit	112	90	3	254	203	178	460	926	1,294	1,693	1,983
OPM %	25%	20%	1%	33%	26%	24%	36%	40%	43%	40%	38%
Other Income	11	11	112	14	11	7	10	5	18	7	8
Interest	38	36	54	95	70	50	42	76	91	137	296
Depreciation	10	13	14	15	20	21	18	19	30	50	103
Profit before tax	74	52	48	159	124	114	410	836	1,192	1,514	1,592
Tax %	37%	39%	35%	32%	36%	28%	28%	25%	25%	26%	26%
Net Profit	47	32	31	108	80	82	297	625	890	1,126	1,172
EPS in Rs	32.69	22.08	21.59	14.99	11.09	11.44	36.28	75.41	106.68	133.98	129.81
Dividend Payout %	13%	25%	31%	91%	24%	24%	35%	36%	37%	26%	37%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-31.91%	-3.12%	248.39%	-25.93%	2.50%	262.20%	110.44%	42.40%	26.52%	4.09%
Change in YoY Net Profit Growth (%)	0.00%	28.79%	251.51%	-274.31%	28.43%	259.70%	-151.76%	-68.04%	-15.88%	-22.43%

Angel One Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	28%
5 Years:	48%
3 Years:	32%
TTM:	23%

Compounded Profit Growth
10 Years:	38%
5 Years:	67%
3 Years:	23%
TTM:	4%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	36%
1 Year:	16%

Return on Equity
10 Years:	34%
5 Years:	37%
3 Years:	36%
Last Year:	27%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 12:29 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	14	14	14	72	72	72	82	83	83	84	90
Reserves	332	355	375	403	459	519	1,049	1,502	2,078	2,955	5,531
Borrowings	333	358	772	1,125	872	491	1,171	1,258	788	2,541	3,414
Other Liabilities	295	411	641	767	805	1,108	2,511	4,378	4,528	7,674	7,853
Total Liabilities	974	1,139	1,803	2,367	2,209	2,190	4,814	7,220	7,478	13,254	16,889
Fixed Assets	121	122	123	116	134	124	115	152	187	409	499
CWIP	1	3	1	0	1	2	0	12	62	1	4
Investments	0	0	50	6	15	35	6	19	109	0	202
Other Assets	852	1,014	1,630	2,246	2,059	2,029	4,693	7,037	7,120	12,844	16,184
Total Assets	974	1,139	1,803	2,367	2,209	2,190	4,814	7,220	7,478	13,254	16,889

Below is a detailed analysis of the balance sheet data for Angel One Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 90.00 Cr.. The value appears strong and on an upward trend. It has increased from 84.00 Cr. (Mar 2024) to 90.00 Cr., marking an increase of 6.00 Cr..
For Reserves, as of Mar 2025, the value is 5,531.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,955.00 Cr. (Mar 2024) to 5,531.00 Cr., marking an increase of 2,576.00 Cr..
For Borrowings, as of Mar 2025, the value is 3,414.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 2,541.00 Cr. (Mar 2024) to 3,414.00 Cr., marking an increase of 873.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 7,853.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,674.00 Cr. (Mar 2024) to 7,853.00 Cr., marking an increase of 179.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 16,889.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13,254.00 Cr. (Mar 2024) to 16,889.00 Cr., marking an increase of 3,635.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 499.00 Cr.. The value appears strong and on an upward trend. It has increased from 409.00 Cr. (Mar 2024) to 499.00 Cr., marking an increase of 90.00 Cr..
For CWIP, as of Mar 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to 4.00 Cr., marking an increase of 3.00 Cr..
For Investments, as of Mar 2025, the value is 202.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 202.00 Cr., marking an increase of 202.00 Cr..
For Other Assets, as of Mar 2025, the value is 16,184.00 Cr.. The value appears strong and on an upward trend. It has increased from 12,844.00 Cr. (Mar 2024) to 16,184.00 Cr., marking an increase of 3,340.00 Cr..
For Total Assets, as of Mar 2025, the value is 16,889.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,254.00 Cr. (Mar 2024) to 16,889.00 Cr., marking an increase of 3,635.00 Cr..

Notably, the Reserves (5,531.00 Cr.) exceed the Borrowings (3,414.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	11	-77	-210	-309	689	643	-1,199	558	804	-330	-1,860
Cash from Investing Activity +	-7	-13	-50	47	-6	-28	25	-52	-185	-91	-341
Cash from Financing Activity +	2	40	350	239	-361	-449	894	-165	-908	1,331	1,917
Net Cash Flow	5	-51	91	-23	323	166	-280	340	-289	910	-284

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-221.00	-268.00	-769.00	253.00	-669.00	-313.00	459.00	925.00	-787.00	-1.00	-2.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	218	361	712	75	101	19	64	90	45	42
Inventory Days
Days Payable
Cash Conversion Cycle	218	361	712	75	101	19	64	90	45	42
Working Capital Days	122	119	289	244	127	-380	-235	-569	-474	-525
ROCE %		12%	11%	18%	13%	14%	27%	35%	44%	39%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	44.00%	43.83%	43.71%	43.68%	38.48%	38.30%	38.26%	38.23%	38.21%	35.63%	35.61%	35.57%
FIIs	8.96%	10.54%	11.27%	17.25%	16.61%	17.04%	16.82%	19.11%	17.27%	15.36%	12.27%	13.81%
DIIs	10.33%	8.92%	9.71%	9.27%	9.73%	10.25%	10.41%	9.32%	9.49%	14.03%	12.73%	14.32%
Public	36.72%	36.70%	35.32%	29.80%	35.17%	34.42%	34.52%	33.33%	35.02%	34.99%	39.39%	36.28%
No. of Shareholders	1,01,028	1,28,787	1,21,000	1,25,067	1,42,320	1,29,211	1,31,876	1,55,194	2,00,355	2,70,528	3,81,346	3,55,598

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Growth Fund	1,384,041	1.87	454.71	1,384,041	2025-04-22 17:25:42	0%
Nippon India Value Fund	658,223	3.09	216.25	658,223	2025-04-22 17:25:42	0%
Nippon India Small Cap Fund	494,865	0.35	162.58	494,865	2025-04-22 17:25:42	0%
Tata Equity P/E Fund - Regular Plan	394,980	1.81	129.76	394,980	2025-04-22 17:25:42	0%
Tata Equity P/E Fund - Regular Plan - Trigger Option A 5%	394,980	1.81	129.76	394,980	2025-04-22 11:25:17	0%
Canara Robeco Small Cap Fund	341,211	1.17	112.1	341,211	2025-04-22 17:25:42	0%
Nippon India Focused Equity Fund	337,566	1.43	110.9	337,566	2025-04-22 17:25:42	0%
Nippon India Banking & Financial Services Fund	239,236	1.52	78.6	239,236	2025-04-22 17:25:42	0%
Motilal Oswal Large and Midcap Fund	232,052	2.31	76.24	232,052	2025-04-22 17:25:42	0%
Motilal Oswal ELSS Tax Saver Fund	226,318	2.46	74.35	226,318	2025-04-22 17:25:42	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	134.21	106.91	75.72	38.60	11.44
Diluted EPS (Rs.)	134.21	106.91	74.44	38.32	11.44
Cash EPS (Rs.)	139.92	110.31	77.66	38.52	14.34
Book Value[Excl.RevalReserv]/Share (Rs.)	361.58	259.12	191.21	138.22	82.15
Book Value[Incl.RevalReserv]/Share (Rs.)	361.58	259.12	191.21	138.22	82.15
Revenue From Operations / Share (Rs.)	508.49	359.82	272.58	154.43	100.65
PBDIT / Share (Rs.)	202.31	157.23	111.94	57.25	26.19
PBIT / Share (Rs.)	196.37	153.60	109.69	55.01	23.28
PBT / Share (Rs.)	180.19	142.87	100.98	50.25	16.50
Net Profit / Share (Rs.)	133.98	106.68	75.41	36.28	11.44
NP After MI And SOA / Share (Rs.)	133.98	106.68	75.41	36.28	11.44
PBDIT Margin (%)	39.78	43.69	41.06	37.07	26.01
PBIT Margin (%)	38.61	42.68	40.23	35.61	23.13
PBT Margin (%)	35.43	39.70	37.04	32.53	16.39
Net Profit Margin (%)	26.34	29.64	27.66	23.49	11.36
NP After MI And SOA Margin (%)	26.34	29.64	27.66	23.49	11.36
Return on Networth / Equity (%)	37.05	41.17	39.43	26.24	13.92
Return on Capital Employeed (%)	52.95	56.72	55.35	37.94	26.63
Return On Assets (%)	8.49	11.90	8.65	6.16	3.75
Long Term Debt / Equity (X)	0.00	0.01	0.00	0.00	0.00
Total Debt / Equity (X)	0.83	0.36	0.79	1.04	0.83
Asset Turnover Ratio (%)	0.41	0.40	0.37	0.35	0.32
Current Ratio (X)	1.25	1.37	1.26	1.29	1.31
Quick Ratio (X)	1.25	1.37	1.26	1.29	1.31
Dividend Payout Ratio (NP) (%)	28.80	42.20	33.43	14.36	23.60
Dividend Payout Ratio (CP) (%)	27.58	40.81	32.46	13.53	18.82
Earning Retention Ratio (%)	71.20	57.80	66.57	85.64	76.40
Cash Earning Retention Ratio (%)	72.42	59.19	67.54	86.47	81.18
Interest Coverage Ratio (X)	12.50	14.65	12.86	12.03	3.86
Interest Coverage Ratio (Post Tax) (X)	9.28	10.94	9.66	8.66	2.78
Enterprise Value (Cr.)	18262.24	5000.35	9108.67	1676.01	0.00
EV / Net Operating Revenue (X)	4.28	1.67	4.03	1.33	0.00
EV / EBITDA (X)	10.74	3.81	9.82	3.58	0.00
MarketCap / Net Operating Revenue (X)	5.99	3.23	5.63	1.88	0.00
Retention Ratios (%)	71.19	57.79	66.56	85.63	76.39
Price / BV (X)	8.42	4.49	8.03	2.11	0.00
Price / Net Operating Revenue (X)	5.99	3.23	5.63	1.88	0.00
EarningsYield	0.04	0.09	0.04	0.12	0.00

After reviewing the key financial ratios for Angel One Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 134.21. This value is within the healthy range. It has increased from 106.91 (Mar 23) to 134.21, marking an increase of 27.30.
For Diluted EPS (Rs.), as of Mar 24, the value is 134.21. This value is within the healthy range. It has increased from 106.91 (Mar 23) to 134.21, marking an increase of 27.30.
For Cash EPS (Rs.), as of Mar 24, the value is 139.92. This value is within the healthy range. It has increased from 110.31 (Mar 23) to 139.92, marking an increase of 29.61.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 361.58. It has increased from 259.12 (Mar 23) to 361.58, marking an increase of 102.46.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 361.58. It has increased from 259.12 (Mar 23) to 361.58, marking an increase of 102.46.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 508.49. It has increased from 359.82 (Mar 23) to 508.49, marking an increase of 148.67.
For PBDIT / Share (Rs.), as of Mar 24, the value is 202.31. This value is within the healthy range. It has increased from 157.23 (Mar 23) to 202.31, marking an increase of 45.08.
For PBIT / Share (Rs.), as of Mar 24, the value is 196.37. This value is within the healthy range. It has increased from 153.60 (Mar 23) to 196.37, marking an increase of 42.77.
For PBT / Share (Rs.), as of Mar 24, the value is 180.19. This value is within the healthy range. It has increased from 142.87 (Mar 23) to 180.19, marking an increase of 37.32.
For Net Profit / Share (Rs.), as of Mar 24, the value is 133.98. This value is within the healthy range. It has increased from 106.68 (Mar 23) to 133.98, marking an increase of 27.30.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 133.98. This value is within the healthy range. It has increased from 106.68 (Mar 23) to 133.98, marking an increase of 27.30.
For PBDIT Margin (%), as of Mar 24, the value is 39.78. This value is within the healthy range. It has decreased from 43.69 (Mar 23) to 39.78, marking a decrease of 3.91.
For PBIT Margin (%), as of Mar 24, the value is 38.61. This value exceeds the healthy maximum of 20. It has decreased from 42.68 (Mar 23) to 38.61, marking a decrease of 4.07.
For PBT Margin (%), as of Mar 24, the value is 35.43. This value is within the healthy range. It has decreased from 39.70 (Mar 23) to 35.43, marking a decrease of 4.27.
For Net Profit Margin (%), as of Mar 24, the value is 26.34. This value exceeds the healthy maximum of 10. It has decreased from 29.64 (Mar 23) to 26.34, marking a decrease of 3.30.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 26.34. This value exceeds the healthy maximum of 20. It has decreased from 29.64 (Mar 23) to 26.34, marking a decrease of 3.30.
For Return on Networth / Equity (%), as of Mar 24, the value is 37.05. This value is within the healthy range. It has decreased from 41.17 (Mar 23) to 37.05, marking a decrease of 4.12.
For Return on Capital Employeed (%), as of Mar 24, the value is 52.95. This value is within the healthy range. It has decreased from 56.72 (Mar 23) to 52.95, marking a decrease of 3.77.
For Return On Assets (%), as of Mar 24, the value is 8.49. This value is within the healthy range. It has decreased from 11.90 (Mar 23) to 8.49, marking a decrease of 3.41.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.01 (Mar 23) to 0.00, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.83. This value is within the healthy range. It has increased from 0.36 (Mar 23) to 0.83, marking an increase of 0.47.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.41. It has increased from 0.40 (Mar 23) to 0.41, marking an increase of 0.01.
For Current Ratio (X), as of Mar 24, the value is 1.25. This value is below the healthy minimum of 1.5. It has decreased from 1.37 (Mar 23) to 1.25, marking a decrease of 0.12.
For Quick Ratio (X), as of Mar 24, the value is 1.25. This value is within the healthy range. It has decreased from 1.37 (Mar 23) to 1.25, marking a decrease of 0.12.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 28.80. This value is within the healthy range. It has decreased from 42.20 (Mar 23) to 28.80, marking a decrease of 13.40.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 27.58. This value is within the healthy range. It has decreased from 40.81 (Mar 23) to 27.58, marking a decrease of 13.23.
For Earning Retention Ratio (%), as of Mar 24, the value is 71.20. This value exceeds the healthy maximum of 70. It has increased from 57.80 (Mar 23) to 71.20, marking an increase of 13.40.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 72.42. This value exceeds the healthy maximum of 70. It has increased from 59.19 (Mar 23) to 72.42, marking an increase of 13.23.
For Interest Coverage Ratio (X), as of Mar 24, the value is 12.50. This value is within the healthy range. It has decreased from 14.65 (Mar 23) to 12.50, marking a decrease of 2.15.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 9.28. This value is within the healthy range. It has decreased from 10.94 (Mar 23) to 9.28, marking a decrease of 1.66.
For Enterprise Value (Cr.), as of Mar 24, the value is 18,262.24. It has increased from 5,000.35 (Mar 23) to 18,262.24, marking an increase of 13,261.89.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.28. This value exceeds the healthy maximum of 3. It has increased from 1.67 (Mar 23) to 4.28, marking an increase of 2.61.
For EV / EBITDA (X), as of Mar 24, the value is 10.74. This value is within the healthy range. It has increased from 3.81 (Mar 23) to 10.74, marking an increase of 6.93.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 5.99. This value exceeds the healthy maximum of 3. It has increased from 3.23 (Mar 23) to 5.99, marking an increase of 2.76.
For Retention Ratios (%), as of Mar 24, the value is 71.19. This value exceeds the healthy maximum of 70. It has increased from 57.79 (Mar 23) to 71.19, marking an increase of 13.40.
For Price / BV (X), as of Mar 24, the value is 8.42. This value exceeds the healthy maximum of 3. It has increased from 4.49 (Mar 23) to 8.42, marking an increase of 3.93.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 5.99. This value exceeds the healthy maximum of 3. It has increased from 3.23 (Mar 23) to 5.99, marking an increase of 2.76.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.09 (Mar 23) to 0.04, marking a decrease of 0.05.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Angel One Ltd as of June 25, 2025 is: 3,129.40

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 25, 2025, Angel One Ltd is Undervalued by 5.83% compared to the current share price 2,957.00

Intrinsic Value of Angel One Ltd as of June 25, 2025 is: 4,038.21

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 25, 2025, Angel One Ltd is Undervalued by 36.56% compared to the current share price 2,957.00

Last 5 Year EPS CAGR: 29.04%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 21.30%, which is a positive sign. The stock has a low average Working Capital Days of -128.20, which is a positive sign. The company has higher reserves (1,414.36 cr) compared to borrowings (1,193.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (332.00 cr) and profit (165.45 cr) over the years.	The stock has a high average Cash Conversion Cycle of 172.70, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Angel One Ltd:
1. Net Profit Margin: 26.34%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 52.95% (Industry Average ROCE: 9.21%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 37.05% (Industry Average ROE: 10.46%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 9.28
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.25
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 22.8 (Industry average Stock P/E: 42.94)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.83
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Angel One Ltd. is a Public Limited Listed company incorporated on 08/08/1996 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L67120MH1996PLC101709 and registration number is 101709. Currently company belongs to the Industry of Finance & Investments. Company's Total Operating Revenue is Rs. 5172.48 Cr. and Equity Capital is Rs. 90.29 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	601, 6th Floor, Ackruti Star, Central Road, Mumbai Maharashtra 400093	support@angelone.in https://www.angelone.in

Management
Name	Position Held
Mr. Dinesh Thakkar	Chairman & Managing Director
Mr. Ketan Shah	Whole Time Director
Mr. Amit Majumdar	Whole Time Director
Mr. Krishna Iyer	Non Executive Director
Mr. Kalyan Prasath	Ind. Non-Executive Director
Mr. Krishnaswamy Arabadi Sridhar	Ind. Non-Executive Director
Mr. Muralidharan Ramachandran	Ind. Non-Executive Director
Ms. Mala Todarwal	Ind. Non-Executive Director
Mr. Arunkumar Nerur Thiagarajan	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Angel One Ltd?

Angel One Ltd's intrinsic value (as of 24 June 2025) is ₹3129.40 — 5.83% higher the current market price of 2,957.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 26,762 Cr. market cap, FY2025-2026 high/low of ₹3,503/1,941, reserves of 5,531 Cr, and liabilities of 16,889 Cr.

What is the Market Cap of Angel One Ltd?

The Market Cap of Angel One Ltd is 26,762 Cr..

What is the current Stock Price of Angel One Ltd as on 24 June 2025?

The current stock price of Angel One Ltd as on 24 June 2025 is 2,957.

What is the High / Low of Angel One Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Angel One Ltd stocks is ₹3,503/1,941.

What is the Stock P/E of Angel One Ltd?

The Stock P/E of Angel One Ltd is 22.8.

What is the Book Value of Angel One Ltd?

The Book Value of Angel One Ltd is 623.

What is the Dividend Yield of Angel One Ltd?

The Dividend Yield of Angel One Ltd is 1.62 %.

What is the ROCE of Angel One Ltd?

The ROCE of Angel One Ltd is 25.8 %.

What is the ROE of Angel One Ltd?

The ROE of Angel One Ltd is 27.1 %.

What is the Face Value of Angel One Ltd?

The Face Value of Angel One Ltd is 10.0.