The company has fixed January 21 as the record date for interim dividend and the same will be paid on or before February 13. The record date for the stock split will be announced in due course.
Revenue from operations in the third quarter increased 6% YoY to Rs 1,335 crore, compared with Rs 1,262 crore in the same quarter of last year.
On a sequential basis, revenues were up 11% from Rs 1,204 crore in the September quarter. The sequential growth reflects improved market participation, higher client activity and stronger contributions from non-broking segments such as distribution, credit and wealth management.
Consolidated EBDAT (earnings before depreciation, amortisation and taxes) for the quarter came in at Rs 405 crore, compared with Rs 325 crore in Q2FY26, translating into a 24.8% QoQ growth. EBDAT margin expanded meaningfully to 39.4% in Q3FY26 from 34.5% in the previous quarter, indicating better operating leverage and cost efficiency.
The broking and distribution businesses, which include mutual fund and credit operations, reported even stronger profitability. EBDAT for this segment stood at Rs 434 crore in Q3FY26, up 25% QoQ from Rs 346 crore in Q2FY26. Segment EBDAT margin expanded to 43%, compared with 37.7% in the September quarter, reflecting improved mix and scale benefits.
In the broking segment, the client funding book scaled up to Rs 5,860 crore as of December 2025, registering a 10% QoQ growth, supported by higher leverage demand from active traders.Angel One’s non-broking businesses continued to scale rapidly during the quarter. The company registered 23 lakh unique SIPs in Q3FY26, underscoring steady growth in retail participation in mutual funds. Credit disbursals during the quarter stood at Rs 710 crore, marking a sharp 55.7% QoQ increase, reflecting strong demand and deeper penetration of lending products.
Wealth and asset management scale up
The wealth management business reported strong traction, with assets under management rising 34% QoQ to Rs 8,220 crore as of December 2025. The client base expanded to over 1,600 clients, indicating growing acceptance of Angel One’s advisory and wealth offerings.
In asset management, the company launched two new schemes during the quarter, taking the total number of schemes to nine. AUM in the asset management business stood at Rs 470 crore as of December 2025.
