Why Did Angel One Shares Crash by 90% Today? Here’s What You Need to Know

Synopsis: Shares of stock brokering crashed nearly 90% after a 1:10 stock split reduced the face value from ₹10 to Re 1 per share, leading to a sharp technical price adjustment without impacting overall shareholder value.

Shares of Angel One witnessed an extraordinary decline during today’s trading session, drawing sharp attention from investors and market participants. The sudden and steep price movement triggered heightened volatility and speculation across trading platforms, prompting questions about the underlying reasons behind the crash and its broader implications for shareholders and the market.

With Market Capitalization of Rs. 22,108.22 crore, Angel One Limited is trading at 243 per equity share, down by 90 percent from its previous day’s closing price of Rs. 2,489.90 per equity share. 

News

Angel One Limited opened at ₹251 per share on the NSE, significantly lower than its previous closing price of ₹2,489.90, following the implementation of a 1:10 stock split. Under the split, each equity share with a face value of ₹10 was subdivided into 10 shares of Re 1 each, resulting in a price adjustment of nearly 90 percent. However, despite the sharp decline in the share price, the overall value of shareholder’s holdings remains unchanged, as the number of shares held has increased proportionately.

What is a Stock Split?

A stock split means a company divides its existing shares into a larger number of shares. This does not change the total value of an investor’s holding, but increases the number of shares they own while reducing the price of each share. 

For example, if you own 1 share worth Rs. 1000 and the company announces a 1:10 stock split, you will then have 10 shares worth Rs. 100 each. Stock splits make shares more affordable and can improve liquidity in the market.

Angel One Limited is a Mumbai-based financial services firm offering broking, margin funding, and a wide range of investment products across equities, commodities, derivatives, and currencies in India and overseas. The company also facilitates IPO applications, provides Demat and trading account services, manages securities in electronic form, and offers mutual funds, insurance, sovereign gold bonds, credit products, portfolio management, investment advisory, and market research services.

In Q3FY26, Angel One Limited reported revenue of Rs. 1,335 crore, registering a 5.8 percent YoY growth compared to Rs. 1,262 crore in Q3FY25 and an 11.1 percent QoQ increase from Rs. 1,202 crore in Q2FY26. EBITDA stood at Rs. 529 crore, up 6.7 percent YoY from Rs. 496 crore and significantly higher by 27.5 percent QoQ compared to Rs. 415 crore in the previous quarter, reflecting improved operating performance.

However, net profit for Q3FY26 came in at Rs. 269 crore, declining 4.3 percent YoY from Rs. 281 crore in Q3FY25, though it rose 26.9 percent QoQ from Rs. 212 crore in Q2FY26. While revenue and EBITDA showed steady growth both sequentially and annually, profit witnessed a marginal year-on-year decline despite strong quarter-on-quarter recovery.

Revenue Mix

The company reported total gross income of Rs. 1,340 crore, up 11.1 percent QoQ. In the revenue mix, Brokerage (F&O) contributed 44 percent, Interest income 33 percent, Brokerage–Cash 8 percent, Brokerage–Commodity 6 percent, Depository 4 percent, Distribution 4 percent, and Other income 1 percent.

Platform & Broking Metrics

The total client base increased to 3.57 crore, up 4.8 percent QoQ, with gross client acquisition of 17 lakh (+0.5 percent QoQ). Assets under custody stood at Rs. 1.5 lakh crore, rising 5.6 percent QoQ. Demat account market share improved to 16.5 percent (+8 bps QoQ), while overall retail equity turnover market share stood at 20.4 percent (down 4 bps QoQ). The company executed 38 crore orders (+5.4 percent QoQ) and maintained an average client funding book of Rs. 5,900 crore (+10.4 percent QoQ).

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Why Did Angel One Shares Crash by 90% Today? Here’s What You Need to Know appeared first on Trade Brains.