Angel One Ltd: Business Overview, Financials & Competitive Analysis
Angel One Ltd scores 7/10 on the AskCyborg Cyborg Score (Strong). Profitable scale player with digital platform advantages and research differentiation, positioned to capture growing Indian retail investment demand, though margin compression and competition present ongoing headwinds. Angel One has a market cap of $3.08B with 911M shares as of April 27, 2026, reflecting solid market valuation. As of March.
What is Angel One Ltd's industry? Angel One Ltd (angelbroking.com) operates in Securities Brokerage. AskCyborg classifies Angel One Ltd under Securities Brokerage in its company registry.
Angel One is a retail broking house in India offering broking and advisory services, margin funding, loans against shares, and financial product distribution under the brand Angel Broking. The company is one of the la...
Cyborg Score thesis
Profitable scale player with digital platform advantages and research differentiation, positioned to capture growing Indian...
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Get Current Report FreeAngel One Ltd Overview
Pro stress-test →Angel One is a retail broking house in India offering broking and advisory services, margin funding, loans against shares, and financial product distribution under the brand Angel Broking. The company is one of the largest retail broking houses in India in terms of active clients on NSE. It competes in India's dynamic retail brokerage market by combining low-cost trading access with research and advisory capabilities.
Strategic Profile
Pro stress-test →Angel Broking is well-known for its high-quality trading software and financial advice, and changed its brokerage programmes in November 2019 to compete with cheap stock brokers like Zerodha. The platform features zero-cost delivery trading, AI-powered investment tools, a robust mobile app, and an affordable brokerage model. As a publicly traded technology-led financial services company, Angel One balances competitive pricing with premium research and advisory services to capture share across retail client segments.
Competitive Landscape
Pro stress-test →Angel Broking competes with discount stock brokers like Zerodha and other full-service retail brokerage platforms in India. The competitive landscape includes a mix of traditional full-service brokers, digital-first discount brokers, and technology-enabled platforms competing on brokerage fees, trading features, research quality, and advisory services. Angel One remains one of the largest retail broking houses in India in terms of active clients on NSE, providing scale and brand recognition advantages.
Industry Context
Angel One Ltd operates in Securities Brokerage.
Key facts
Founded: 1987 · Headquarters: Mumbai, India · Employees: 3,823 · Revenue: $579M (Trailing 12 months as of March 31, 2026) · Market cap: $3.08B