Angel One shares extend their one-month gains to 40% after client base grows in May

Shares of Angel One Ltd. gained nearly 4.5% on Thursday, June 5, after the company reported its business update for May earlier in the day.

Its gross client acquisition increased 1.7% from the previous month to 0.5 million. However, when compared on a year-on-year basis, that metric was down 43.1%.

Angel One’s client base also witnessed a 1.5% increase from April and a 34.1% increase from May 2024 to 31.95 million.

The number of orders placed on the company’s platform rose to 121.55 million in May, a 14% growth from April. However, the number was down 23.4% on a year-on-year basis. Average Daily Orders increased by 3.2% from April but fell 23.4% from last year to 5.79 million.
In April, Angel One’s chairman and managing director Dinesh Thakkar told CNBC-TV18 that the financial year 2025 will be a consolidation year for the company, focused squarely on restoring profitability rather than chasing top‑line growth.

With revenue visibility clouded by unpredictable conditions, the company plans to sharpen internal efficiencies and deepen its digital‑platform capabilities.

Thakkar is confident those measures will drive a rebound in operating profit margins. “What we are confident about is that we will be able to bounce back to an OPM of 40–45% by quarter four of 2025-26,” he said.

Angel One shares gained 4.48% to hit an intraday high of ₹2,369 apiece on Thursday, June 6. The stock has gained gained 36.26% in the past month.

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