Angel One becomes second-largest broker by active clients on NSE, adds 2.43 lakh in October

Angel One Limited has made a big leap in stock broking. According to the NSE's latest report, 1C, the company is now second in the country by number of active clients.

At the end of October 2026, Angel One had 69.98 lakh active clients. Of the 4.67 crore active clients of all brokers on the NSE, 14.97 per cent are with Angel One. The company is now close to the 70 lakh active client mark.

In October, Angel One added 2.43 lakh net active clients on the NSE. The company said this shows growing use of digital investing and trading platforms among small investors in the country.

In October 2026, the company's total client base reached 40.60 million, or 4.06 crore, a year-on-year rise of 17.4 per cent. New client registrations for the month were 6.66 lakh, which the company said was the highest in the past nine months. Participation in trading also rose. The company's average daily orders rose 19.6 per cent month on month to 69.7 lakh.

Angel One's financial results for the second quarter of FY2027, July to September 2026, were also better. Consolidated revenue from operations rose 18.7 per cent year on year to Rs 1,427 crore. Net profit in the same period rose 58.2 per cent to Rs 335 crore. EBDAT rose 52 per cent to Rs 493 crore. The EBDAT margin rose to 45.1 per cent from 34.5 per cent a year earlier. Interest income from the client funding book accounted for 35.6 per cent of total revenue, which suggests the company's sources of earnings are becoming more diverse.

In the second quarter, Angel One added about 15 lakh new clients, a rise of 11.6 per cent over the previous quarter. At the end of September 2026, the company's client base stood at 3.99 crore. In October, it crossed the 4 crore mark.

Angel One's wealth management business is also growing. The company's assets under management (AUM) rose 19.1 per cent quarter on quarter and 160.5 per cent year on year to Rs 16,000 crore. The second place in active clients nationally, the client base crossing 4 crore and the rise in profit have all strengthened the company's position in stock broking. The company continues to focus on connecting investors with the capital market through its digital platform.