Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 2:36 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 543235 | NSE: ANGELONE

Angel One Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹401.94Undervalued by 66.78%vs CMP ₹241.00

P/E (28.4) × ROE (27.1%) × BV (₹64.00) × DY (2.00%)

₹180.02Overvalued by 25.30%vs CMP ₹241.00
MoS: -33.9% (Negative)Confidence: 58/100 (Moderate)Models: 2 Under, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹411.4922%Under (+70.7%)
Graham NumberEarnings₹110.5016%Over (-54.1%)
Earnings PowerEarnings₹51.4111%Over (-78.7%)
DCFCash Flow₹53.8413%Over (-77.7%)
Net Asset ValueAssets₹64.027%Over (-73.4%)
EV/EBITDAEnterprise₹134.819%Over (-44.1%)
Earnings YieldEarnings₹84.807%Over (-64.8%)
ROCE CapitalReturns₹357.609%Under (+48.4%)
Revenue MultipleRevenue₹57.735%Over (-76%)
Consensus (9 models)₹180.02100%Overvalued
Key Drivers: Wide model spread (₹51–₹411) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 2.4%

*Investments are subject to market risks

Analyst Summary

Angel One Ltd operates in the Finance & Investments segment, NSE: ANGELONE | BSE: 543235, current market price is ₹241.00, market cap is 21,870 Cr.. At a glance, stock P/E is 28.4, ROE is 27.1 %, ROCE is 25.8 %, book value is 64.0, dividend yield is 2.00 %. The latest intrinsic value estimate is ₹180.02, around 25.3% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹5,239 Cr versus the prior period change of 22.6%, while latest net profit is about ₹1,172 Cr with a prior-period change of 4.1%. This analysis page also carries profit and loss, shareholding pattern, ratio panels, mutual fund holdings data, which improves the depth of the template beyond a thin price-only snapshot. The 52-week range shown on this page is 328/206, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisAngel 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 t…

This summary is generated from the stock page data available for Angel One Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

59
Angel One Ltd scores 59/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health73/100 · Strong
ROCE 25.8% ExcellentROE 27.1% ExcellentD/E 1.04 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money65/100 · Strong
FII holding stable No changeDII holding up 3.84% MF buyingPromoter holding at 28.9% Stable
Earnings Quality50/100 · Moderate
OPM stable around 39% Steady
Quarterly Momentum25/100 · Weak
Revenue (4Q): -15% YoY DecliningProfit (4Q): -42% YoY Declining
Industry Rank90/100 · Strong
P/E 28.4 vs industry 171.3 Cheaper than peersROCE 25.8% vs industry 11.4% Above peers3Y sales CAGR: 32% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:36 am

Market Cap 21,870 Cr.
Current Price 241
Intrinsic Value₹180.02
High / Low 328/206
Stock P/E28.4
Book Value 64.0
Dividend Yield2.00 %
ROCE25.8 %
ROE27.1 %
Face Value 1.00
PEG Ratio11.94

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

View Share Price Target for Angel One Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Angel One Ltd 21,870 Cr. 241 328/20628.4 64.02.00 %25.8 %27.1 % 1.00
Manappuram Finance Ltd 21,618 Cr. 255 322/21953.0 1501.37 %11.0 %10.1 % 2.00
IIFL Finance Ltd 18,617 Cr. 438 675/30614.5 3050.91 %8.81 %4.90 % 2.00
Piramal Enterprises Ltd 25,483 Cr. 1,124 1,356/87349.0 1,2020.98 %6.78 %1.63 % 2.00
Cholamandalam Financial Holdings Ltd 26,039 Cr. 1,387 2,299/1,30511.0 7280.09 %10.6 %19.1 % 1.00
Industry Average17,128.74 Cr1,145.63171.253,616.520.48%11.38%25.55%6.58

All Competitor Stocks of Angel One Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 7498268081,0481,0591,3571,4051,5151,2621,0561,1411,2021,335
Expenses 424440487605661827935843766713866786806
Operating Profit 324386320443398530470672496343275415529
OPM % 43%47%40%42%38%39%33%44%39%32%24%35%40%
Other Income 11541215122323
Interest 262118263656567584808393127
Depreciation 89911131723262729303132
Profit before tax 302362297407351459397572387236164294373
Tax % 24%26%26%25%26%26%26%26%27%26%30%28%28%
Net Profit 228267221304260340293423281175114212269
EPS in Rs 27.3532.0026.3436.2931.0140.4732.4946.9631.1919.3312.6423.3429.57

Last Updated: February 6, 2026, 6:17 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 18, 2026, 6:00 am

MetricMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 4504514407707787481,2892,2923,0024,2725,2394,733
Expenses 3393624375165755708281,3661,7082,5793,2563,171
Operating Profit 1129032542031784609261,2941,6931,9831,562
OPM % 25%20%1%33%26%24%36%40%43%40%38%33%
Other Income 111111214117105187810
Interest 383654957050427691137296383
Depreciation 10131415202118193050103121
Profit before tax 7452481591241144108361,1921,5141,5921,068
Tax % 37%39%35%32%36%28%28%25%25%26%26%
Net Profit 47323110880822976258901,1261,172769
EPS in Rs 3.272.212.161.501.111.143.637.5410.6713.4012.988.48
Dividend Payout % 13%25%31%91%24%24%35%36%37%26%37%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
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:2%
Compounded Profit Growth
10 Years:38%
5 Years:67%
3 Years:23%
TTM:-17%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:19%
1 Year:-12%
Return on Equity
10 Years:34%
5 Years:37%
3 Years:36%
Last Year:27%

Last Updated: September 4, 2025, 11:15 pm

Balance Sheet

Last Updated: December 4, 2025, 12:57 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 141414727272828383849091
Reserves 3323553754034595191,0491,5022,0782,9555,5315,719
Borrowings 3333587721,1258724911,1711,2587882,5413,4144,454
Other Liabilities 2954116417678051,1082,5114,3784,5287,6747,8538,080
Total Liabilities 9741,1391,8032,3672,2092,1904,8147,2207,47813,25416,88918,345
Fixed Assets 121122123116134124115152187409499489
CWIP 13101201262141
Investments 0050615356191090202305
Other Assets 8521,0141,6302,2462,0592,0294,6937,0377,12012,84416,18417,550
Total Assets 9741,1391,8032,3672,2092,1904,8147,2207,47813,25416,88918,345

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 11-77-210-309689643-1,199558804-330-1,860-4,142
Cash from Investing Activity + -7-13-5047-6-2825-52-185-91-341-111
Cash from Financing Activity + 240350239-361-449894-165-9081,3311,9173,656
Net Cash Flow 5-5191-23323166-280340-289910-284-597
Free Cash Flow -0-94-222-316678631-1,213488704-537-2,023-4,222
CFO/OP 28%-109%-6,159%-100%364%378%-239%84%84%3%-73%-209%

Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-221.00-268.00-769.00253.00-669.00-313.00459.00925.00-787.00-1.00-2.00

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

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 21836171275101196490454221
Inventory Days
Days Payable
Cash Conversion Cycle 21836171275101196490454221
Working Capital Days 122119-343-284127-380-235-569-474-525-497
ROCE %12%11%18%13%14%27%35%44%39%26%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 38.48%38.30%38.26%38.23%38.21%35.63%35.61%35.57%35.55%28.97%28.92%28.87%
FIIs 16.61%17.04%16.82%19.11%17.27%15.36%12.27%13.81%13.05%14.66%13.11%12.45%
DIIs 9.73%10.25%10.41%9.32%9.49%14.03%12.73%14.32%14.27%16.43%14.87%18.11%
Public 35.17%34.42%34.52%33.33%35.02%34.99%39.39%36.28%37.12%39.93%43.11%40.57%
No. of Shareholders 1,42,3201,29,2111,31,8761,55,1942,00,3552,70,5283,81,3463,55,5984,02,1933,25,9653,83,5813,27,994

Shareholding Pattern Chart

No. of Shareholders

Angel One Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Growth Mid Cap Fund 1,384,041 0.84 351.67N/AN/AN/A
Motilal Oswal Large and Midcap Fund 1,126,709 1.96 286.291,298,7612026-02-23 03:00:28-13.25%
Aditya Birla Sun Life Flexi Cap Fund 950,000 0.98 241.39977,1812026-01-26 03:40:21-2.78%
Nippon India Focused Fund 665,401 1.99 169.07N/AN/AN/A
Bandhan Small Cap Fund 605,190 0.8 153.77N/AN/AN/A
Franklin India Small Cap Fund 548,541 1.09 139.38N/AN/AN/A
SBI Large & Midcap Fund 500,000 0.34 127.05N/AN/AN/A
Nippon India ELSS Tax Saver Fund 496,132 0.85 126.06N/AN/AN/A
Nippon India Banking & Financial Services Fund 441,370 1.45 112.15239,2362025-12-08 05:33:0084.49%
Invesco India Smallcap Fund 408,233 1.15 103.73N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 130.05134.21106.9175.7238.60
Diluted EPS (Rs.) 130.05134.21106.9174.4438.32
Cash EPS (Rs.) 141.26139.92110.3177.6638.52
Book Value[Excl.RevalReserv]/Share (Rs.) 622.57361.58259.12191.21138.22
Book Value[Incl.RevalReserv]/Share (Rs.) 622.57361.58259.12191.21138.22
Revenue From Operations / Share (Rs.) 580.15508.49359.82272.58154.43
PBDIT / Share (Rs.) 220.41202.31157.23111.9457.25
PBIT / Share (Rs.) 208.96196.37153.60109.6955.01
PBT / Share (Rs.) 176.31180.19142.87100.9850.25
Net Profit / Share (Rs.) 129.81133.98106.6875.4136.28
NP After MI And SOA / Share (Rs.) 129.81133.98106.6875.4136.28
PBDIT Margin (%) 37.9939.7843.6941.0637.07
PBIT Margin (%) 36.0138.6142.6840.2335.61
PBT Margin (%) 30.3935.4339.7037.0432.53
Net Profit Margin (%) 22.3726.3429.6427.6623.49
NP After MI And SOA Margin (%) 22.3726.3429.6427.6623.49
Return on Networth / Equity (%) 20.8537.0541.1739.4326.24
Return on Capital Employeed (%) 32.7952.9556.7255.3537.94
Return On Assets (%) 6.948.4911.908.656.16
Long Term Debt / Equity (X) 0.000.000.010.000.00
Total Debt / Equity (X) 0.600.830.360.791.04
Asset Turnover Ratio (%) 0.340.410.400.370.35
Current Ratio (X) 1.451.251.371.261.29
Quick Ratio (X) 1.451.251.371.261.29
Dividend Payout Ratio (NP) (%) 16.9428.8042.2033.4314.36
Dividend Payout Ratio (CP) (%) 15.5627.5840.8132.4613.53
Earning Retention Ratio (%) 83.0671.2057.8066.5785.64
Cash Earning Retention Ratio (%) 84.4472.4259.1967.5486.47
Interest Coverage Ratio (X) 6.7512.5014.6512.8612.03
Interest Coverage Ratio (Post Tax) (X) 4.989.2810.949.668.66
Enterprise Value (Cr.) 12477.9618262.245000.359108.671676.01
EV / Net Operating Revenue (X) 2.384.281.674.031.33
EV / EBITDA (X) 6.2710.743.819.823.58
MarketCap / Net Operating Revenue (X) 3.995.993.235.631.88
Retention Ratios (%) 83.0571.1957.7966.5685.63
Price / BV (X) 3.718.424.498.032.11
Price / Net Operating Revenue (X) 3.995.993.235.631.88
EarningsYield 0.050.040.090.040.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 5054.07 Cr. and Equity Capital is Rs. 91.09 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Finance & Investments601, 6th Floor, Ackruti Star, Central Road, Mumbai Maharashtra 400093Contact not found
Management
NamePosition Held
Mr. Dinesh ThakkarChairman & Managing Director
Mr. Ketan ShahWhole Time Director
Mr. Amit MajumdarWhole Time Director
Mr. Krishna IyerNon Executive Director
Mr. Kalyan PrasathInd. Non-Executive Director
Mr. Krishnaswamy Arabadi SridharInd. Non-Executive Director
Mr. Muralidharan RamachandranInd. Non-Executive Director
Ms. Mala TodarwalInd. Non-Executive Director
Mr. Arunkumar Nerur ThiagarajanInd. Non-Executive Director

FAQ

What is the intrinsic value of Angel One Ltd and is it undervalued?

As of 21 April 2026, Angel One Ltd's intrinsic value is ₹180.02, which is 25.30% lower than the current market price of ₹241.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (27.1 %), book value (₹64.0), dividend yield (2.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Angel One Ltd?

Angel One Ltd is trading at ₹241.00 as of 21 April 2026, with a FY2026-2027 high of ₹328 and low of ₹206. The stock is currently in the middle of its 52-week range. Market cap stands at ₹21,870 Cr..

How does Angel One Ltd's P/E ratio compare to its industry?

Angel One Ltd has a P/E ratio of 28.4, which is below the industry average of 171.25. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Angel One Ltd financially healthy?

Key indicators for Angel One Ltd: ROCE of 25.8 % indicates efficient capital utilization; ROE of 27.1 % shows strong shareholder returns. Dividend yield is 2.00 %.

Is Angel One Ltd profitable and how is the profit trend?

Angel One Ltd reported a net profit of ₹1,172 Cr in Mar 2025 on revenue of ₹5,239 Cr. Compared to ₹625 Cr in Mar 2022, the net profit shows an improving trend.

Does Angel One Ltd pay dividends?

Angel One Ltd has a dividend yield of 2.00 % at the current price of ₹241.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Angel One Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports