Alongside the results, the board approved an interim dividend of Rs 23 per share and a stock split in the ratio of 1:10.
The record date for the interim dividend has been fixed as January 21, with the payout scheduled on or before February 13. The record date for the stock split will be announced separately.
On a sequential basis, revenue rose 11% to Rs 1,336 crore from Rs 1,204 crore in the September quarter, driven by higher market participation, improved client activity, and stronger contributions from non-broking businesses such as distribution, credit and wealth management.
Earnings before depreciation, amortisation and taxes (EBDAT) stood at Rs 405 crore, up 24.8% quarter-on-quarter from Rs 325 crore. The EBDAT margin expanded to 39.4% from 34.5% in Q2FY26, supported by operating leverage and improved cost efficiency.
The broking and distribution segment, which includes mutual fund and credit operations, reported EBDAT of Rs 434 crore, marking a 25% sequential increase from Rs 346 crore in the previous quarter. Segment EBDAT margin improved to 43% from 37.7%. Within the broking business, the client funding book grew 10% QoQ to Rs 5,860 crore as of December 2025.
Non-broking businesses continued to scale, with the company registering 23 lakh unique SIPs during Q3FY26, reflecting rising retail participation in mutual funds. Credit disbursals surged 55.7% QoQ to Rs 710 crore, while wealth management assets under management rose 34% QoQ to Rs 8,220 crore, with the client base crossing 1,600.The asset management business expanded to nine schemes, with AUM reaching Rs 470 crore by December 2025.
Angel One shares ended 3.5% higher at Rs 2,525.25 on the BSE.
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