Angel One Full Year 2024 Earnings: EPS Beats Expectations

Angel One (NSE:ANGELONE) Full Year 2024 Results

Key Financial Results

• Revenue: ₹41.4b (up 41% from FY 2023).
• Net income: ₹11.3b (up 26% from FY 2023).
• Profit margin: 27% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: ₹134 (up from ₹107 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Angel One EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%.

In the last 12 months, the only revenue segment was Broking and Related Services contributing ₹41.4b. Explore how ANGELONE's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Capital Markets industry in India.

Performance of the Indian Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Angel One that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.