)
Edge23 Jan 2026
Death, Taxes, and Garbage: The Story of WM
How Waste Management turned garbage into one of America's most stable business models through landfills, regulation, and nationwide scale.
Angel One
Angel One (ANGELONE) investor relations material
Angel One Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary16 Jan, 2026
Executive summary
Q3 FY26 saw a clear recovery with improved operational execution and financial performance, including consolidated gross revenues of ₹13.4 billion, up 11.1% QoQ, and profit after tax at ₹2.7 billion, up 26.9% QoQ, despite three fewer trading days.
The company continues to invest in technology, AI, and new business lines, focusing on building a full-stack, omnichannel financial services platform and leveraging digital scale.
Strategic focus remains on expanding the client base, product offerings, and operational efficiency, with disciplined execution and responsible use of AI.
Leadership and governance were strengthened with the appointment of a new General Counsel.
Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved and reviewed by auditors, with no material misstatements identified.
Financial highlights
Total gross income rose 11.1% QoQ to INR 13.4 billion; net income grew 9.3% sequentially to INR 10.3 billion; consolidated net profit for Q3 FY26 was Rs. 2,686.64 million.
EBDAT margin expanded to 39.4%, up 489 bps sequentially; profit after tax increased 26.9% QoQ to INR 2.7 billion.
Standalone operating margin reached 43%, and standalone net profit for Q3 FY26 was Rs. 3,010.39 million.
Interest income contributed 33% of total revenues, while broking (F&O) contributed 44%.
Basic EPS (consolidated) for Q3 FY26 was Rs. 29.59; standalone basic EPS was Rs. 33.16.
Outlook and guidance
Operating margin guidance for broking and distribution business remains at 40%-45% on an annual basis.
Management expects further operating leverage as customer acquisition and product engagement deepen.
No further pricing changes are planned for order execution; focus remains on product and customer service.
Strategic investments in wealth and asset management, credit, and insurance to drive annuity-based revenues.
Continued emphasis on acquiring young, regional clients and increasing market share in incremental demat accounts.
Explain rationale for business transfer withdrawal
How will the share split enhance market liquidity?
What is Angel One's stake in the Life Insurance JV?
Credit business: asset-light vs. own balance sheet plans?
AI's tangible impact on efficiency and products
Revenue mix shift: long-term margin implications
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Angel One earnings date
Q4 25/2616 Apr, 2026
Angel One
Next Angel One earnings date
Q4 25/2616 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Angel One Limited is an Indian financial services company offering a range of solutions including online brokerage, wealth management, and investment advisory services. The company provides platforms for trading in equities, derivatives, commodities, and currencies, as well as mutual funds and insurance products. Angel One serves individual investors and traders, focusing on technology-driven financial empowerment. The company is headquartered in Mumbai, India, and its shares are listed on the NSE and BSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage