Angel one ltd — Q4 FY26
Angel One delivered a strong Q4 FY26 with 431 million orders (a six-quarter high) and EBITDA margin expanding 227 bps sequentially to 41.7% (normalized 44.4%).
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q3 FY26
Finance cost normalization from regulatory upstreaming
Elevated borrowings due to client margin upstreaming are temporary; software update expected by end of Q4 to reduce finance costs.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
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