Angel One Reports November 2025 Business Metrics and Market Share
Filing Summary
Angel One Ltd has released its business update for November 2025, detailing key metrics such as a client base of 35.08 million and an average client funding book of Rs. 59,500 crore. The company experienced a month-on-month decline in trading days and gross client acquisition, with trading days at 19 and client acquisition at 0.50 million. The average daily turnover based on notional turnover for overall segments was Rs. 53,486 crore. Market share in cash turnover was 18.3%. The update follows SEBI regulations for fair disclosure.
Angel One Ltd has issued its monthly business update for November 2025, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported a client base of 35.08 million, marking a month-on-month increase of 1.5% from October 2025 and a year-on-year growth of 21.9% from November 2024. The average client funding book reached Rs. 59,500 crore, showing a month-on-month growth of 2.7% and a year-on-year increase of 50.1%.
The company recorded a gross client acquisition of 0.50 million, which represents a decline of 11.1% from the previous month and a 16.6% decrease compared to the same period last year. The number of orders processed was 117.30 million, reflecting a 12.3% drop from October 2025 and a 10.4% decrease from November 2024. The average daily orders were 6.17 million, down by 7.7% month-on-month and 15.1% year-on-year.
In terms of market activity, Angel One’s average daily turnover (ADTO) based on notional turnover for overall segments was Rs. 53,486 crore, which is a 9.8% decrease from the previous month but a 25.4% increase from the previous year. The cash ADTO was Rs. 73 crore, showing a month-on-month decline of 7.5% and a year-on-year decrease of 2.2%. The commodity ADTO stood at Rs. 1,661 crore, a slight month-on-month decrease of 0.6% but a significant year-on-year increase of 129.3%.
Angel One’s retail turnover market share based on option premium turnover for overall equity was 20.3%, a decrease of 24 basis points from October 2025 but an increase of 18 basis points from November 2024. The market share for F&O was 21.5%, down by 13 basis points month-on-month and 46 basis points year-on-year. The cash turnover market share was 18.3%, reflecting a decrease of 41 basis points from the previous month but an increase of 109 basis points from the previous year. The commodity turnover market share was 52.5%, a decline of 258 basis points month-on-month and 719 basis points year-on-year.
The company noted that the average client funding book reached a historic high, indicating increased client engagement. However, softer market conditions led to a moderation in the daily order run rate. The cash market share for October 2025 was revised upwards following a revision in the industry’s retail turnover for the segment.
Angel One Ltd is a prominent player in the financial services sector, focusing on providing a range of services including stockbroking, portfolio management, and investment advisory. The company is committed to expanding its client base and enhancing its service offerings to meet the evolving needs of its clients.