Angel One Limited has released its business performance update for September 2025 and the second quarter of FY26, highlighting steady growth in key operational metrics despite a moderation in client acquisitions and order volumes on a year-on-year basis.
For September 2025, the company’s client base stood at 3.4 crore, up 1.5% month-on-month and 24% year-on-year. Gross client acquisition remained stable at 0.55 million, while the average client funding book rose 4.9% MoM and 35.8% YoY to ₹55.53 billion. The total number of orders executed increased 16.1% MoM to 127.57 million, and the average daily orders stood at 5.8 million, largely flat sequentially.
During the same month, Angel One’s notional turnover (ADTO) rose to ₹48.18 trillion, up 5.1% MoM and 0.5% YoY, with the F&O segment contributing ₹46.71 trillion. Option premium turnover came in at ₹1.59 trillion, marking a 9.6% MoM and 76.3% YoY jump. Commodity ADTO rose sharply by 10.6% MoM and 109.3% YoY to ₹1,395 crore, while cash ADTO improved 9.8% MoM.
The company’s retail turnover market share in overall equity based on option premium stood at 20.6%, marginally lower by 9 basis points month-on-month, while the F&O share was 21.8%. Cash turnover market share increased to 19%, up 33 bps, and the commodity turnover share was 64.3%.
For the quarter ended September 2025 (Q2FY26), the company recorded an average daily turnover (ADTO) of ₹45.08 trillion, up 25.6% sequentially. The client base expanded to 3.4 crore, reflecting a 4.9% QoQ and 24% YoY rise. Average client funding book increased 26.1% QoQ to ₹53.05 billion.
Total orders during the quarter stood at 360.43 million, up 5% QoQ, while average daily orders were 5.63 million. Unique mutual fund SIP registrations increased 23.8% sequentially to 2.38 million, indicating consistent growth in the investment segment.
In terms of turnover mix, the company’s option premium turnover rose 31.8% QoQ and 58.4% YoY, while the cash ADTO declined 9.3% QoQ. Commodity ADTO surged 42.7% QoQ and 91.9% YoY. The overall equity retail market share improved to 20.5%, while the F&O market share rose to 21.7%.
Angel One noted that acquisitions and orders held steady through the quarter, with consistent growth in client funding and cash market share. The company’s retail presence in both equity and F&O markets remained stable, supported by an expanding customer base and growing transaction activity.
Disclaimer: This article is for informational purposes only, based on data published by Angel One Limited in its exchange filing dated October 6, 2025. It does not constitute investment advice or a recommendation to buy or sell any securities.
