Angel One Ltd (ANGELONE) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated July 10, 2026 3 min read

Angel One operates as a technology-led retail brokerage, navigating a quarter defined by shifting regulatory requirements and evolving equity market activity. Investors will be watching how the company’s client acquisition and broking revenue held up against the April 1st hike in securities transaction tax (STT) and new margin collateral rules.

Quick Details

Results date	July 15, 2026
Quarter	Q1 FY 2026-2027
Market cap	Rs. 31,160.13 Cr
CMP	Rs. 341.1

Angel One Ltd Q1 Results Date and Time

The board of directors is scheduled to meet on July 15, 2026, to consider the audited financial results and recommend dividend for FY 2026-2027.

What to expect from Angel One Ltd's Q1 FY27 results

Angel One's broking revenue likely benefited from elevated cash market activity, with combined NSE and BSE cash-segment ADTV reaching a 22-month high in May 2026 before cooling to Rs. 1.41 trillion in June 2026. While the industry saw a 40% month-on-month decline in equity fund inflows to Rs. 22,908 crore in May 2026, the company's client acquisition engine remains supported by the broader industry trend of 2.22 million new demat accounts added via CDSL in April 2026. The new STT hike and the 50:50 cash-margin rule, both effective from April 1, 2026, represent incremental headwinds to F&O trading friction that management will likely address during the upcoming call.

Key Things To Watch

Client acquisition and market share: Monitoring the company's ability to maintain its growth trajectory amidst regulatory changes.

Monthly client addition run-rate versus the guided 30-40% year-on-year growth target
NSE market share performance in cash and F&O segments
Impact of any potential client shifts toward BSE Sensex options on revenue mix

Regulatory and operational impact: Assessing the financial and behavioral consequences of new SEBI and budget mandates.

Management commentary on the observable impact of the April 1st STT hike on client trading behavior
Impact of the 50:50 cash-margin rule on client leverage and Margin Trade Funding (MTF) book growth
Cost-to-income ratio trends, specifically regarding potential compliance and technology-related cost creep

Mutual fund distribution trajectory: Evaluating the sustainability of fee income following industry-wide flow moderation.

Growth trajectory of mutual fund AUM under distribution
Impact of the May 2026 equity-inflow slowdown on future trail-fee accretion

Frequently Asked Questions

How did the NSE cash market ADTV trend during the first quarter?

Combined NSE and BSE cash-segment ADTV reached a 22-month high in May 2026, before cooling 7% month-on-month to Rs. 1.41 trillion in June 2026. This performance indicates that Q1 FY27 cash ADTV ran well above the FY26 full-year average of Rs. 1.13 trillion.

What regulatory changes became effective for brokers on April 1, 2026?

Effective April 1, 2026, the STT on F&O was hiked, with futures increasing from 0.02% to 0.05% and options premium from 0.10% to 0.15%. Additionally, a SEBI 50:50 margin rule was implemented, requiring brokers to maintain at least 50% of margin in cash for F&O positions.

How did India VIX levels compare during the quarter?

The India VIX spiked to 19.46 on May 12, 2026, but subsequently eased to an intraday low of 11.70 on July 7, 2026, its lowest level since February 2026. Overall, the Q1 average was directionally lower than the elevated levels seen in Q4 FY26.