On Wednesday, Angel One unveiled its financial performance for the fourth quarter and the entire fiscal year 2024-25, announcing significant changes in its dividend strategy. The company’s Board of Directors has not only approved a final dividend but has also provided insights into the financial challenges faced during this period. This announcement comes on the heels of previously declared interim dividends of Rs 11 each in January and March.
Final Dividend Announcement for FY25
In a recent filing with the stock exchange, Angel One declared a final dividend of Rs 26 per equity share for its shareholders for the fiscal year 2024-25. This recommendation is pending approval at the upcoming Annual General Meeting (AGM). If the shareholders give the green light, the dividend will be distributed within 30 days following the AGM.
Q4 Financial Highlights
The financial results for the fourth quarter of FY25 reveal a notable decline for Angel One. The consolidated net profit plummeted by 48.7% year-over-year, dropping from Rs 340 crore in Q4 FY24 to Rs 174.5 crore in Q4 FY25. Key figures include:
- Total income decreased by 22%, from Rs 1,358.5 crore to Rs 1,057.8 crore.
- Revenue from operations fell sharply by 22.2%, registering at Rs 1,056 crore compared to Rs 1,357.3 crore in the previous year.
- EBITDA for the quarter stood at Rs 342.8 crore, down 35.3% from Rs 529.8 crore in Q4 FY24, leading to a reduced EBITDA margin of 32.5%.
Historical Dividend Payouts
In addition to the latest dividend announcement, Angel One has a history of rewarding its shareholders. During FY25, interim dividends of Rs 11 each were distributed in both January and March. Notably, in January 2024, the company issued an interim dividend of Rs 12.7 per share. In 2023, five separate dividend payouts were made, totaling Rs 9.6 in January, Rs 9.6 in March, Rs 4 in June, Rs 9.25 in July, and Rs 12.7 in October.
Angel One Stock Performance
As of 10:34 a.m. on Wednesday, Angel One’s stock was trading at Rs 2,262, reflecting a decline of 3.85%. This contrasts with the benchmark Nifty, which saw only a slight decrease of 0.12%. Over the past year, the stock has seen significant fluctuations, reaching a 52-week high of Rs 3,503.15 on December 9, 2024, and a 52-week low of Rs 1,941 on March 13, 2025.
- The stock has gained 3.39% over the last five trading sessions.
- Over the past month, it has risen by 8.13%.
- However, it has faced a 27.68% drop in the last six months and a 19% decline year-over-year.
As Angel One navigates these financial challenges, investors will be keenly watching the outcomes of the upcoming AGM and the potential impacts on future dividends and stock performance.