Angel One Q1 solid, but analysts flag margin dip, F&O woes
Angel One's Q1 FY26 net profit rose 67% YoY to ₹293 crore, while income grew 33% YoY to ₹1,405 crore. Analysts flagged margin dip to 33% due to infra costs and F&O norms. Client base and tech-led expansion remain strong, with bullish sentiment. Key support lies at ₹2,600-₹2,700, breach could drag to ₹2,032. Long-term fintech strategy stays intact.