On Thursday, Angel One’s share price caught the attention of investors as the company unveiled its Q4 results following the stock market’s closing on Wednesday. In addition to the earnings report, the firm announced a final dividend of ₹26 per equity share. This news, however, had a mixed impact on the stock, which experienced a decline during intraday trading.
Angel One’s Stock Performance
After the announcement, Angel One’s share price fell by more than 6%, opening at ₹2,200, a decrease from the previous close of ₹2,352.30. The stock did manage to recover slightly, trading down by 3.9% at around ₹2,260.40 on the BSE shortly after opening.
- Opening Price: ₹2,200
- Previous Close: ₹2,352.30
- Intraday Decline: 6.47%
- Current Price (10:20 AM): ₹2,260.40
Details on the Dividend Announcement
During its board meeting on April 16, Angel One declared a final dividend of ₹26 per equity share for the fiscal year 2024-25. If approved in the upcoming Annual General Meeting (AGM), this dividend will be disbursed to eligible shareholders within 30 days of the meeting. This reflects Angel One’s commitment to providing a substantial return to its investors.
- Final Dividend: ₹26 per share
- Record Date: To be confirmed at AGM
- Interim Dividend: Previously announced ₹11 per share
Historical Context and Dividend Yield
Angel One has consistently demonstrated a commitment to rewarding its shareholders, previously declaring an interim dividend of ₹11 earlier this year. The record date for this dividend was March 20, with another interim dividend of ₹11 announced in January, confirming the company’s solid track record.
Dividend yield is essential for investors assessing dividend stocks. A yield of 3-5% is often considered attractive, making it a key factor in investment decisions, especially in fluctuating market conditions.
Q4 Financial Results Overview
In its latest Q4 FY25 results, Angel One reported a net profit of ₹174.5 crore, which reflects a significant 38% decline compared to the previous quarter’s profits of ₹28.15 crore in Q3 FY25. This downturn is attributed to challenging market conditions characterized by global economic pressures, high valuations, and Foreign Portfolio Investor (FPI) selling.
- Net Profit: ₹174.5 crore
- Sequential De-growth: 38%
- EBITDA: ₹264.3 crore for Q4 FY25
- Q3 FY25 EBITDA: ₹414 crore, showing a 36.2% decline
In summary, while Angel One’s dividend announcement is a positive sign for investors, the company’s Q4 profit drop raises questions about future performance in a challenging market landscape. Investors will be watching closely as the AGM approaches.
