Angel One reports robust client growth, turnover in September 2025

Angel One announced a robust performance for September 2025, with its client base growing 24.0% year-on-year to 34.08 million, and a month-over-month increase of 1.5%. The average client funding book also saw substantial growth, rising 35.8% year-on-year to Rs. 55.53 bn. Unique MF SIPs registered increased 11.3% month-over-month to 786.57 thousand.

The company reported strong average daily turnover (ADTO) figures. Overall ADTO, based on notional turnover, reached Rs. 48,183 bn in September 2025, marking a 5.1% month-over-month increase. Commodity ADTO experienced a significant 10.6% month-over-month rise and a 109.3% year-on-year surge to Rs. 1,395 bn. Cash ADTO also grew 9.8% month-over-month to Rs. 76 bn.

In terms of market share, Angel One maintained its position with Overall Equity retail turnover market share at 20.6% and F&O at 21.8% based on option premium turnover. Cash Turnover Market Share increased by 33 basis points month-over-month to 19.0%, while Commodity Turnover Market Share stood at 64.3%. The company noted consistent growth in its average client funding book and cash market share, with overall equity and F&O market share remaining stable in September 2025.