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Informist, Thursday, Jul. 16, 2026

By Adhithya Aji and Avishek Rakshit

MUMBAI – Angel One Ltd. Thursday said the company plans to utilise its integration of artificial intelligence in services for operating leverage. "...we believe AI will increasingly become a source of both operating leverage and competitive differentiation. Our AI-led decisioning capabilities are increasingly driving both engagement and monetisation," said Ambarish Kenghe, group chief financial officer of the company in a post-earnings conference call for the June quarter.  

The online trading platform said it has embedded AI for user onboarding, face recognition, real-time signature validation, grievance and ticket automation, content generation, software development, analytics, and portfolio intelligence. The management said it sees long-term growth opportunity in the credit business. Angel One is working with its lending partners to improve conversion and strengthen the customer journey, said Saurabh Agarwal, chief business officer of new business. "Having said that, our long-term thesis remains completely unchanged," Agarwal said. 

The mangement retained its employee costs guidance for 2026-27 (Apr-Mar) at INR 11 billion. The company did not give a clear picture of the employee count guidance ahead. The management said it was looking for the talent in the right places while conducting the business in an efficient manner. "But overall, over the next two, three years, you're definitely going to see the world change," the management said. "There is AI, there are tools, all of that," it added. 

On asset management business, the company said that it was a passive operation which takes time to mature. Angel One is evaluating how to further expand the assets under management portfolio from current levels and said it is very early to comment on its performance. "But we are confident that over the next three or four quarters, we will have far greater visibility on our real strategy on the AMC front," said Amit Majumdar, group chief strategy officer. Majumdar said the company is focusing on building the right foundation through digital distribution and technology.

Angel One said that the overall client acquisition has been softer in the last few months in the industry. Though the company has no intention to reduce its client acquisition spend. The company also added that in a long-term perspective, equities are very under penetrated in India with only 5-10% retail wealth. For the month of June, Angel One's client acquisitions were down 17.5% on year at 450,000.

Angel One's management said it sees a long-term strong growth opportunity in client funding operations. For the June quarter, the company reported an average client funding book of INR 61.4 billion, up nearly 5% sequentially, which Angel One's management termed as lifetime-best.

Angel One had reported consolidated net profit of INR 2.31 billion for the June quarter, double on year. The revenue of the company was at INR 14.30 billion, up over 25% on year. At 1418 IST, shares of the company ended nearly 2% lower at INR 336.70 on the National Stock Exchange.  End     

Edited by Deepshikha Bhardwaj and Akul Nishant Akhoury

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