Stock Report

Angel One - Key Business Metrics for May 2026: Solid Year-on-Year Growth Coupled with Mixed Sequential Performance



Posted On : 2026-06-05 21:48:36( TIMEZONE : IST )

Angel One - Key Business Metrics for May 2026: Solid Year-on-Year Growth Coupled with Mixed Sequential Performance

Angel One Limited has shared its key business parameters for the month of May 2026. The latest data reveals a firm year-on-year trajectory in major user milestones alongside a handful of month-on-month adjustments, influenced in part by a lower count of 19 trading days compared to 20 in April 2026 and 21 in May 2025.

Expansion of Client Franchise and Core Operational Metrics

Angel One's aggregate client base climbed to 38.17 million by the end of May 2026, registering a 1.0% growth over April 2026 and a robust 19.5% increase compared to the 31.95 million clients recorded in May 2025. On the acquisition front, gross client additions stood at 0.42 million for the month. While this represents a decrease of 9.7% sequentially and 16.7% annually, the management highlighted that engagement across the platform remains healthy.

The platform processed a total of 130.35 million orders throughout May 2026. This overall volume dipped by 4.0% month-on-month, but it still marks a 7.2% improvement over the previous year's figures. Reflecting the impact of fewer operational days, the average daily orders actually rose by 1.1% from April 2026 and spiked by 18.5% year-on-year to reach 6.86 million. Furthermore, unique Mutual Fund SIPs registered for the month stood at 584.51 thousand, marking a 1.4% sequential increase despite a 7.0% decline relative to May 2025.

A notable point of resilience was the Average Client Funding Book, which scaled to an all-time high of ₹63.09 billion. This marks an 18.8% monthly advancement and a substantial 57.5% surge over the ₹40.05 billion recorded in May 2025.

Deep Dive into Average Daily Turnover (ADTO)

Angel One experienced significant year-on-year expansions across various segment turnover metrics, even as sequential performance showed minor variance:

Overall ADTO (Notional Basis): Reached ₹52,006 billion, dipping slightly by 0.4% from April 2026 but leaping by 45.2% compared to May 2025.

Futures & Options ADTO (Notional Basis): Settled at ₹49,814 billion, showing a minor 0.2% monthly drop alongside a 42.4% yearly gain.

Overall ADTO (Option Premium Basis): Recorded at ₹2,355 billion, which is a 4.3% reduction month-on-month but reflects a massive 141.3% jump year-on-year from ₹976 billion.

Futures & Options ADTO (Option Premium Basis): Stood at ₹163 billion, showcasing a 2.1% monthly contraction alongside a 13.0% annual increase.

Cash ADTO: Maintained upward momentum, climbing 0.9% sequentially and 9.7% annually to arrive at ₹95 billion.

Commodity ADTO: Landed at ₹2,097 billion, pointing to a 4.6% sequential drop but achieving an exceptional 181.4% surge over May 2025 across MCX, NCDEX, and NCE platforms.

Market Share Dynamics and Structural Shifts

Angel One's retail turnover market share saw opposing trends across its trading segments. The company successfully expanded its footprint in the Futures & Options market share, which ticked up to 22.4%-gaining 11 basis points sequentially and 93 basis points over May 2025. Conversely, the retail market share for Overall Equity (incorporating cash, equity futures, and equity options premium turnover) slipped slightly by 18 basis points from the prior month to settle at 20.3%, though it remains 29 basis points higher than its May 2025 level.

More visible contraction occurred in the Cash and Commodity segments. The Cash turnover market share dropped to 17.5%, representing a sequential decline of 41 basis points and an annual reduction of 50 basis points. The Commodity turnover market share experienced the steepest compression, falling to 48.6%. This marks a contraction of 813 basis points compared to April 2026 and 786 basis points compared to May 2025.

Management characterized the month as one of healthy core activity, heavily underscored by the record highs in client funding and steady improvements in average daily order placement. The corporate leadership group intends to sustain transparency regarding these operational developments through scheduled updates on a month-by-month basis. All metrics are derived from a limited review compiled by Angel One's management team.

Source : Equity Bulls

Keywords

AngelOne BusinessUpdates May2026