Angel One adds clients in May, but fresh acquisitions decline from last month

Shares of Angel One Ltd. will be in focus today, after the broking firm reported its business update for the month of May on Thursday, June 4.

The company's client base increased by 1% on a month-on-month basis to 38.17 million from 37.79 million in April. On a year-on-year basis, the metric grew by 19.5%.

Gross client acquisition in May declined 9.7% month-on-month to 0.42 million from 0.46 million in April 2026. On a year-on-year basis, this metric also fell by 16.7%.

The number of orders placed decreased by 4% in May, in comparison to April to 130.35 million. On the flip side, the year-on-year growth was a positive 7.2%.

Average daily orders increased for Angel One during the month of May at 6.86 million from 6.79 million in April. This metric too, was up 18.5% from the year-ago quarter.

Average daily turnover (ADTO), based on notional turnover, declined 0.4% month-on-month overall, while ADTO in the futures and options segment also fell 0.2% month-on-month. On a year-on-year basis, overall ADTO grew 45.2%, while futures and options ADTO rose 42.4%.

Retail turnover market share for Angel One declined by 18 basis points on an overall basis from last month, while F&O market share increased by 11 basis points. Both metrics grew by 29 basis points and 93 basis points year-on-year.

Cash turnover market share decreased by 41 basis points month-on-month, and commodity turnover market share also fell by 813 basis points from April.

Shares of Angel One settled 2.32% lower on Wednesday at ₹334.70. The stock has rallied 42% this year so far.