Angel One Becomes India’s Second-Largest Stockbroker, Nears 70 Lakh Active Clients

~Angel One becomes India’s second-largest stockbroker with 69.98 lakh active NSE clients, a 14.97% market share and strong Q2 FY27 financial growth.
Ahmedabad, Gujarat, Nov 06 (VNI): Angel One Limited (NSE: ANGELONE, BSE: 543235) has strengthened its position in India’s stockbroking industry by becoming the country’s second-largest stockbroker in terms of active clients, according to the latest NSE Report 1C. With 69.98 lakh active clients, the company commands a 14.97% share of the total 4.67 crore active clients registered across brokers on the exchange.
According to the company, Angel One added 2.43 lakh net active clients on the NSE in October 2026, reflecting the growing adoption of digital investment and trading platforms among retail investors. The company’s overall client base reached 4.06 crore in October, registering 17.4% year-on-year growth, while gross client additions touched a nine-month high of 6.60 lakh. Average daily orders also increased 19.6% month-on-month to 69.7 lakh, indicating stronger trading engagement.
The company’s strong business growth is supported by its financial performance in Q2 FY27 (July–September 2026). Consolidated revenue from operations increased 18.7% year-on-year to Rs. 1,427 crore, while net profit surged 58.2% to Rs. 335 crore. EBDAT rose 52% to Rs. 493 crore, with the EBDAT margin improving to 45.1% from 34.5% in the corresponding period last year. Interest income from its client funding business contributed 35.6% of total revenue, reflecting increasing diversification of its business model.
During the July–September quarter, Angel One acquired nearly 15 lakh new clients, registering an 11.6% increase over the previous quarter and taking its client base to 3.99 crore by September-end. The number crossed 4 crore in October. Its wealth management business also recorded significant growth, with assets under management (AUM) increasing 19.1% quarter-on-quarter and 160.5% year-on-year to Rs. 16,000 crore.
Achieving the second-largest position in India’s stockbroking industry, while moving closer to the milestone of 70 lakh active clients, marks a significant achievement for Angel One. The company continues to expand its technology-driven investment services, promote wider retail participation and contribute to the deepening of India’s capital markets. VNI NEWS, Angel One, India’s Second Largest Stockbroker, Angel One Active Clients, 70 Lakh Active Clients, NSE Stockbrokers, Angel One Q2 FY27 Results, Angel One, Stock Market, Indian Stockbroking Industry, NSE, Active Clients, Retail Investors, Digital Trading, Q2 FY27 Results, Wealth Management, Indian Capital Markets, VNINews, VNINews.com