Angel One Limited CC-Jan26.pdf · 2026-01-16
Sir, I just wanted to know that the large margin difference between us and the newly listed player? Of course, our cost structure is a bit different. Just wanted to know what do we model our fixed cost as a 20% delta right now. So what do we expect that our cost growth would be because we've already invested a lot in the new business verticals going forward?
So would you say that this ₹ 275 crores quarterly run rate would grow at around 10% next year? Would that be a right estimate to think about next year, assuming then if our volumes keep growing at 25%, that is where the operating leverage comes in.