Angel One Analysis !!
A detailed thread below🧵
A detailed thread below🧵
About Angle One -
Angel One came into existence in 1996 as an Indian Stock Broking Company! Angel One is a member of the NSE, MCX, BSE and National Commodity & Derivatives Exchange Limited.
Angel One came into existence in 1996 as an Indian Stock Broking Company! Angel One is a member of the NSE, MCX, BSE and National Commodity & Derivatives Exchange Limited.
The firm aids individuals in tracking and taking care of all the investments done over the internet. Services include commodity trading, IPO, stockbroking, advisory service, life insurance, mutual funds, health insurance, portfolio management and many management services.
Founder -
The founder of Angel One is Dinesh Thakkar! For the past 25 years, he is serving the company as (Chairman & MD), he completed his education from the Kishinchand Chellaram College of Arts Commerce and Science. Also, he completed his schooling at St. John School in 1980.
The founder of Angel One is Dinesh Thakkar! For the past 25 years, he is serving the company as (Chairman & MD), he completed his education from the Kishinchand Chellaram College of Arts Commerce and Science. Also, he completed his schooling at St. John School in 1980.
Q3 Numbers - YoY
Revenue were at Rs.607cr, up by 92%
PAT were at Rs.164cr, up by 124%
EPS at Rs.19, up by 121%
Revenue were at Rs.607cr, up by 92%
PAT were at Rs.164cr, up by 124%
EPS at Rs.19, up by 121%
Continues To Scale New Milestones -
Angel One is deliberately continuing to scale fresh landmarks being highly profitable in terms of the growth story.
▪️ 1.3 million gross client acquisition
▪️ 7.8 million total customer base
▪️ 6.9 trillion average daily turnover
Angel One is deliberately continuing to scale fresh landmarks being highly profitable in terms of the growth story.
▪️ 1.3 million gross client acquisition
▪️ 7.8 million total customer base
▪️ 6.9 trillion average daily turnover
Industry Growth -
Since the pandemic driven lockdowns millions of people have entered the market as first time investors.
In line with the global trend, we too have seen a significant increase in the number of individual investors accessing the capital markets.
Since the pandemic driven lockdowns millions of people have entered the market as first time investors.
In line with the global trend, we too have seen a significant increase in the number of individual investors accessing the capital markets.
From an average of 4 lakh new demat accounts opened every month in FY20, it become 20 lakh /month in 2021 and has further increased to around 29 lakh /month in Nov 21, that is more than 7 times of the monthly average the pre-COVID year of FY20.
Key Risks -
- Angel Broking’s business is highly dependent on economic and political conditions in India & other countries.
- Adverse economic and political conditions and could impact volume of trading in securities, which would affect profitability.
- Angel Broking’s business is highly dependent on economic and political conditions in India & other countries.
- Adverse economic and political conditions and could impact volume of trading in securities, which would affect profitability.
- Co faces competition from various listed & unlisted players like Sharekhan, Karvy, Motilal Oswal, Zerodha, Upstox, etc.
Conclusion -
In India, market is underpenetrated in equity
and now we are in influx point due to increasing education level and increasing youth population which is going to drive the demand for retail broking and thus such growth in retail broking will be sustainable.
In India, market is underpenetrated in equity
and now we are in influx point due to increasing education level and increasing youth population which is going to drive the demand for retail broking and thus such growth in retail broking will be sustainable.
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@AimInvestments @sahil_vi @vetris_stocks @Atulsingh_asan @ishmohit1 @NeilBahal @Jitendra_stock
@AimInvestments @sahil_vi @vetris_stocks @Atulsingh_asan @ishmohit1 @NeilBahal @Jitendra_stock
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