Overview
- Angel One reached 69.98 lakh active clients in October 2026 after adding about 2.43 lakh net active investors, making it the second-largest broker on the National Stock Exchange.
- The firm’s registered client base crossed roughly 4.06 crore and gross client additions hit 6.6 lakh in October, driven by higher trading activity and platform engagement.
- Angel One reported strong Q2 FY27 results with consolidated revenue of ₹1,427 crore and net profit of ₹335 crore, supported by interest income from client funding and a wealth AUM near ₹16,000 crore.
- Industry totals show beneficiary-owner demat accounts close to 19.7 crore while combined active users contracted slightly, a sign that registered accounts are growing faster than traders who trade at least once a year.
- Regulatory moves by SEBI to tighten derivatives rules and raise margin and tax costs have reduced frequent F&O trading and pushed brokers to diversify into wealth, bonds and international access, a trend likely to shape market share and revenue mix next year.