Mumbai, February 5, 2025 – Angel One Limited (NSE: ANGELONE, BSE: 543235) has released its key business performance metrics for January 2025, highlighting significant client base expansion alongside a decline in trading activity across certain segments.
Key Business Highlights – January 2025
Client Base & Acquisition
Metric
Jan '25
Dec '24
Jan '24
M-o-M Growth (%)
Y-o-Y Growth (%)
Client Base (Mn)
30.13
29.52
20.43
2.1%
47.5%
Gross Client Acquisition (Mn)
0.66
0.78
1.03
-15.4%
-36.0%
Total client base surged to 30.13 million, reflecting a 47.5% YoY growth.
Gross client acquisition declined 36% YoY, indicating a slowdown in new sign-ups.
Trading Activity
Metric
Jan '25
Dec '24
Jan '24
M-o-M Growth (%)
Y-o-Y Growth (%)
Number of Orders (Mn)
125.96
119.46
166.35
5.4%
-24.3%
Average Daily Orders (Mn)
5.48
5.69
7.56
-3.7%
-27.6%
Total orders increased 5.4% M-o-M but saw a 24.3% YoY decline.
Average daily orders fell to 5.48 million, marking a 3.7% M-o-M and 27.6% YoY drop.
Average Daily Turnover (ADTO)
Segment
Jan '25
Dec '24
Jan '24
M-o-M Growth (%)
Y-o-Y Growth (%)
Overall ADTO (Rs. Bn)
30,824
29,017
43,879
6.2%
-29.8%
F&O ADTO (Rs. Bn)
30,104
28,310
43,364
6.3%
-30.6%
Cash ADTO (Rs. Bn)
65
74
81
-12.5%
-19.5%
Commodity ADTO (Rs. Bn)
655
634
360
3.4%
81.9%
Overall ADTO grew 6.2% M-o-M but saw a 29.8% YoY decline.
F&O ADTO rose 6.3% M-o-M, but fell 30.6% YoY.
Cash ADTO declined 12.5% M-o-M and 19.5% YoY, while Commodity ADTO surged 81.9% YoY.
Market Share Trends
Market Share
Jan '25
Dec '24
Jan '24
M-o-M Growth (bps)
Y-o-Y Growth (bps)
Overall Equity (%)
19.7%
19.4%
17.8%
31
192
F&O (%)
21.8%
21.6%
19.3%
15
241
Cash Turnover (%)
16.6%
16.5%
15.6%
11
107
Commodity Turnover (%)
61.2%
59.9%
59.4%
133
180
Equity market share increased to 19.7%, up 192 bps YoY.
F&O market share climbed to 21.8%, growing 241 bps YoY.
The company stated that the January 2025 figures align with its regular monthly reporting, showcasing a strong increase in client base and commodity trading activity. However, the decline in client acquisition and cash segment turnover suggests the need for strategic interventions to sustain growth momentum.
Naheed Patel, Company Secretary & Compliance Officer, confirmed that the data has been reviewed by the management team, with updates to be provided on a monthly basis.
Conclusion
Angel One continues to expand its client base and market presence, particularly in the commodity and F&O segments. However, a decline in new client acquisition and trading volumes in key segments highlights areas where strategic efforts will be necessary to drive sustained growth in the coming months.