Angel One Limited (ANGELONE) - Net Assets
Based on the latest financial reports, Angel One Limited (ANGELONE) has net assets worth Rs61.49 Billion INR (≈ $664.98 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs239.04 Billion ≈ $2.59 Billion USD) and total liabilities (Rs177.55 Billion ≈ $1.92 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Angel One Limited (ANGELONE) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs61.49 Billion |
| % of Total Assets | 25.72% |
| Annual Growth Rate | 28.11% |
| 5-Year Change | 288.1% |
| 10-Year Change | 1478.94% |
| Growth Volatility | 28.59 |
Angel One Limited - Net Assets Trend (2014–2026)
This chart illustrates how Angel One Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Angel One Limited.
Annual Net Assets for Angel One Limited (2014–2026)
The table below shows the annual net assets of Angel One Limited from 2014 to 2026. Also explore ANGELONE shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs61.49 Billion ≈ $664.98 Million |
+9.04% |
| 2025-03-31 | Rs56.39 Billion ≈ $609.85 Million |
+85.58% |
| 2024-03-31 | Rs30.39 Billion ≈ $328.61 Million |
+40.57% |
| 2023-03-31 | Rs21.62 Billion ≈ $233.76 Million |
+36.43% |
| 2022-03-31 | Rs15.84 Billion ≈ $171.34 Million |
+40.09% |
| 2021-03-31 | Rs11.31 Billion ≈ $122.31 Million |
+91.23% |
| 2020-03-31 | Rs5.91 Billion ≈ $63.96 Million |
+11.29% |
| 2019-03-31 | Rs5.31 Billion ≈ $57.47 Million |
+12.22% |
| 2018-03-31 | Rs4.74 Billion ≈ $51.22 Million |
+21.61% |
| 2017-03-31 | Rs3.89 Billion ≈ $42.12 Million |
+5.45% |
| 2016-03-31 | Rs3.69 Billion ≈ $39.94 Million |
+6.50% |
| 2015-03-31 | Rs3.47 Billion ≈ $37.50 Million |
+10.23% |
| 2014-03-31 | Rs3.15 Billion ≈ $34.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Angel One Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2496.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs36.51 Billion | 59.68% |
| Common Stock | Rs910.86 Million | 1.49% |
| Other Comprehensive Income | Rs2.67 Billion | 4.36% |
| Other Components | Rs21.09 Billion | 34.48% |
| Total Equity | Rs61.18 Billion | 100.00% |
Angel One Limited Competitors by Market Cap
The table below lists competitors of Angel One Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bufab Holding AB
ST:BUFAB
|
$2.96 Billion |
|
Yunnan Xiyi Industrial Co Ltd
SHE:002265
|
$2.97 Billion |
|
Applied Opt
NASDAQ:AAOI
|
$2.97 Billion |
|
iRay Technology Co Ltd
SHG:688301
|
$2.97 Billion |
|
ACME Solar Holdings Limited
NSE:ACMESOLAR
|
$2.96 Billion |
|
Kunshan Dongwei Technology Co Ltd
SHG:688700
|
$2.96 Billion |
|
China International Marine Containers Group Ltd
SHE:000039
|
$2.96 Billion |
|
Aehr Test Systems
NASDAQ:AEHR
|
$2.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Angel One Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 56,213,980,000 to 61,177,910,000, a change of 4,963,930,000 (8.8%).
- Net income of 9,150,990,000 contributed positively to equity growth.
- Dividend payments of 4,442,090,000 reduced retained earnings.
- New share issuances of 166,590,000 increased equity.
- Other comprehensive income increased equity by 884,050,000.
- Other factors decreased equity by 795,610,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs9.15 Billion | +14.96% |
| Dividends Paid | Rs4.44 Billion | -7.26% |
| Share Issuances | Rs166.59 Million | +0.27% |
| Other Comprehensive Income | Rs884.05 Million | +1.45% |
| Other Changes | Rs-795.61 Million | -1.3% |
| Total Change | Rs- | 8.83% |
Book Value vs Market Value Analysis
This analysis compares Angel One Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 68.50x to 4.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | Rs4.38 | Rs300.00 | x |
| 2015-03-31 | Rs4.83 | Rs300.00 | x |
| 2016-03-31 | Rs5.13 | Rs300.00 | x |
| 2017-03-31 | Rs5.40 | Rs300.00 | x |
| 2018-03-31 | Rs6.57 | Rs300.00 | x |
| 2019-03-31 | Rs7.38 | Rs300.00 | x |
| 2020-03-31 | Rs8.21 | Rs300.00 | x |
| 2021-03-31 | Rs14.60 | Rs300.00 | x |
| 2022-03-31 | Rs18.88 | Rs300.00 | x |
| 2023-03-31 | Rs25.53 | Rs300.00 | x |
| 2024-03-31 | Rs35.59 | Rs300.00 | x |
| 2025-03-31 | Rs60.83 | Rs300.00 | x |
| 2026-03-31 | Rs65.85 | Rs300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Angel One Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.76%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 3.91x
- Recent ROE (14.96%) is below the historical average (20.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.61% | 3.63% | 0.33x | 3.05x | Rs-200.91 Million |
| 2015 | 12.65% | 11.06% | 0.41x | 2.81x | Rs91.89 Million |
| 2016 | 8.59% | 7.20% | 0.39x | 3.09x | Rs-52.05 Million |
| 2017 | 7.96% | 5.84% | 0.29x | 4.63x | Rs-79.29 Million |
| 2018 | 22.61% | 14.88% | 0.30x | 5.02x | Rs597.28 Million |
| 2019 | 15.02% | 11.22% | 0.32x | 4.16x | Rs266.92 Million |
| 2020 | 13.92% | 12.26% | 0.31x | 3.70x | Rs232.04 Million |
| 2021 | 26.25% | 26.08% | 0.24x | 4.26x | Rs1.84 Billion |
| 2022 | 39.44% | 31.27% | 0.28x | 4.56x | Rs4.66 Billion |
| 2023 | 41.17% | 35.98% | 0.33x | 3.46x | Rs6.74 Billion |
| 2024 | 37.04% | 33.13% | 0.26x | 4.36x | Rs8.22 Billion |
| 2025 | 20.85% | 27.59% | 0.25x | 3.00x | Rs6.10 Billion |
| 2026 | 14.96% | 17.76% | 0.22x | 3.91x | Rs3.03 Billion |
Industry Comparison
This section compares Angel One Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $1,782,507,776
- Average return on equity (ROE) among peers: 13.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Angel One Limited (ANGELONE) | Rs61.49 Billion | 3.61% | 2.89x | $2.96 Billion |
| 21st Century Management Services Limited (21STCENMGM) | $466.76 Million | 39.64% | 0.27x | $4.53 Million |
| 5paisa Capital Ltd (5PAISA) | $4.63 Billion | 9.40% | 2.54x | $161.30 Million |
| Abans Holdings Limited (AHL) | $4.16 Billion | 8.50% | 1.61x | $117.39 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $864.90 Million | 6.93% | 0.55x | $5.16 Billion |
| Almondz Global Securities Limited (ALMONDZ) | $2.20 Billion | 15.49% | 0.44x | $36.71 Million |
| Arihant Capital Markets Limited (ARIHANTCAP) | $627.48 Million | 6.65% | 1.11x | $111.50 Million |
| Ausom Enterprise Limited (AUSOMENT) | $1.17 Billion | 4.60% | 0.15x | $21.75 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $1.65 Billion | 3.55% | 0.32x | $41.14 Million |
| Aditya Birla Money Limited (BIRLAMONEY) | $276.12 Million | 30.51% | 4.56x | $73.54 Million |
About Angel One Limited
Angel One Limited provides broking and advisory services, margin funding, and financial products to its clients in India and internationally. The company provides equity, commodities, derivatives, and currency derivative products. It also manages client's securities in the electronic form; facilitates clients in applying for initial public offerings; and provides funds to investors for trading. I… Read more