Angel One Ltd
ANGE

Angel One Ltd (ANGELONE)

₹1248.450.69%

Key Stats

₹1222
Day's Price Range
₹1274.8
₹881.85
52-Week Price Range
₹2022
1 Month Return-15.14 %
3 Month Return-24.92 %
1 Year Return40.37 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 119
16.61
EPS
Rank 29
₹75.66
BVPS
Rank 80
₹138.22
Dividend Yield
Rank 13
4.42%
ROE
Rank 14
34.76%
Price To Book Ratio
Rank 185
9.09
Debt To Asset
Rank 50
0.76

Company Information

Angel Broking Limited was originally incorporated on August 8 1996 as a private limited company with the name M. BNL. Securities Private Limited. Thereafter the Company was converted from a private limited company to a deemed public company pursuant to Section 43A of the Companies Act 1956 and consequently the term private was deleted by the RoC from the name of the Company with effect from March 15 1997. Thereafter the Company was converted from a deemed public company to a private limited company and consequently the name of the Company was changed to M. BNL. Securities Private Limited and the term private was added by the RoC to the name of the Company with effect from June 17 2003. Subsequently the name of the Company was changed to Angel Infin Private Limited pursuant to a special resolution passed by the Shareholders on March 15 2005 and a fresh certificate of incorporation consequent to the change of name was issued by the RoC on March 31 2005. Further the name of the Company was changed to Angel Global Capital Private Limited pursuant to a special resolution passed by our Shareholders on December 16 2008 and a fresh certificate of incorporation consequent to the change of name was issued by the RoC on January 22 2009. Thereafter the name of the Company was changed to Angel Broking Private Limited pursuant to an order of the High Court of Bombay dated March 2 2012 approving the scheme of amalgamation between Angel Broking Limited an erstwhile wholly owned subsidiary of the Company and the Company erstwhile Angel Global Capital Private Limited and such change was approved pursuant to a special resolution passed by our Shareholders on May 2 2012 and a fresh certificate of incorporation consequent to the change of name was issued by the RoC on May 16 2012. Subsequently the Company was converted from a private limited company to a public limited company pursuant to a special resolution passed by the Shareholders of the Company on June 22 2018 and the name of the Company was changed to Angel Broking Limited. A fresh certificate of incorporation consequent to the conversion of the Company to a public limited company was issued by the RoC on June 28 2018.The Company is one of the largest independent fullservice retail broking house in India in terms of active clients on NSE as of July 31 2018. It is a technology led financial services company that provides broking and advisory services margin funding loans against shares through one of its Subsidiaries AFPL and financial products distribution to clients under the brand Angel Broking. The broking services are offered through i Its online and digital platforms and ii Its network of more than 11000 subbrokers as of June 30 2018. The Company has more than 850000 downloads of its Angel Broking mobile app and more than 450000 downloads of its Angel BEE app as of June 30 2018 which enables its clients to avail the services digitally. Through its network of subbrokers and over 110 branches the company has a panIndia presence across 1800 cities and towns as of June 30 2018. As at June 30 2018 the Company managed Rs. 113023.06 million in client assets and over 1.11 million active broking accounts.The Companys primary focus is to profitably grow its retail broking margin funding and distribution businesses through its online and digital platforms Angel Broking App trade.angelbroking.com Angel SpeedPro Angel BEE which are powered by ARQ a rulebased investment engine. The Company has received several awards and accolades for its services and products including Best performing retail member Pan India 201617 Award at Market Achievers Awards organised by NSE one of the Top Volume Performers in Equity Retail Segment 201617 by BSE the Fulcrums of Commodity Derivatives Market Award by MCX in 2018 and the Best Technology House of the Year in 2016 at the ASSOCHAM Excellence Awards.The Company provides a wide range of financial services to their clients including and in relation to:Broking and Advisory: The Company provides broking services across equity cashdelivery intraday futures and options commodity and currency segments along with debt products. The Company facilitates participation of clients in initial public offerings undertaken by various companies. As a part of the broking and advisory services offered by the company it also facilitates opening of demat accounts for their clients. The Company is a member of BSE NSE MSEI MCX and NCDEX in order to provide broking services. To complement its broking and advisory services it also provides the following additional services to their clients:i Research Services: The Company has a dedicated research team which publishes research reports on a daily weekly and monthly basis for their clients to enable them to make informed investment decisions across equity commodity and currency segments.ii Investment Advisory: The Company provides investment advisory services to its retail clients with customized investment recommendations which the company believes assists its clients in achieving their investment goals across various investment avenues such as equities debt currency commodities derivatives mutual funds and insurance products.iii Investor Education: The Companys website www.angelbroking.com is also a knowledge center which aims to empower investors including its clients with an understanding in respect of trading and investments products. As part of its investor awareness initiative the company regularly undertake sessions through various digital mediums to enhance its retail clients knowledge regarding its products research and market trends.Other Financial Services: In addition to Broking and Advisory services the company also provides the following financial services that may enable its clients to achieve their financial goals:i Margin Trading Facility: The Company provides margin trading facility to its clients for leveraging their eligible collaterals by funding their requirements on the cash delivery segment of equities. Such funding is subject to exposure against margins that are mandated by the stock exchanges with the securities forming a part of the collateral for such funding.ii Distribution: The Company undertakes distribution of thirdparty financial products such as mutual funds and health and life insurance products according to our clients requirements. Such distribution is undertaken through both its offline channels and digital platforms Angel Broking and Angel BEE. The Company believes that its distribution business helps clients to achieve their financial and risk mitigation objectives by providing them with personal wealth management services.iii Loans against shares: Through its Subsidiary AFPL which is registered as an NBFC the company provides loans against shares to their retail clients.
OrganisationAngel One Ltd
HeadquartersMumbai
IndustryFinance