KFin Technologies Ltd
KFin Technologies Limited is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.[1]
- Market Cap ₹ 12,753 Cr.
- Current Price ₹ 745
- High / Low ₹ 822 / 318
- Stock P/E 51.8
- Book Value ₹ 66.7
- Dividend Yield 0.00 %
- ROCE 30.3 %
- ROE 24.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 94.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.1%
Cons
- Stock is trading at 11.2 times its book value
- Working capital days have increased from 55.4 days to 102 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Financial Services Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
162 | 450 | 481 | 640 | 720 | 838 | |
97 | 291 | 269 | 352 | 422 | 473 | |
Operating Profit | 66 | 159 | 212 | 288 | 298 | 364 |
OPM % | 40% | 35% | 44% | 45% | 41% | 43% |
2 | 5 | 5 | 6 | 17 | 25 | |
Interest | 20 | 53 | 52 | 53 | 11 | 8 |
Depreciation | 34 | 92 | 98 | 37 | 47 | 53 |
Profit before tax | 14 | 19 | 68 | 204 | 258 | 327 |
Tax % | 35% | 76% | 196% | 27% | 24% | 25% |
9 | 5 | -65 | 149 | 196 | 246 | |
EPS in Rs | 0.54 | 0.30 | -4.28 | 8.87 | 11.57 | 14.39 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 40% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 39% |
3 Years: | 20% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 94% |
3 Years: | 80% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 121% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 26% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 166 | 151 | 151 | 168 | 169 | 171 |
Reserves | 353 | 259 | 196 | 477 | 701 | 970 |
Preference Capital | -0 | -0 | -0 | 123 | -0 | |
435 | 413 | 383 | 37 | 160 | 49 | |
68 | 46 | 194 | 345 | 220 | 229 | |
Total Liabilities | 1,022 | 868 | 923 | 1,026 | 1,250 | 1,419 |
732 | 691 | 630 | 669 | 691 | 801 | |
CWIP | 0 | 0 | 3 | 35 | 40 | -0 |
Investments | 112 | 14 | 95 | 93 | 229 | 150 |
178 | 163 | 196 | 230 | 291 | 468 | |
Total Assets | 1,022 | 868 | 923 | 1,026 | 1,250 | 1,419 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
63 | 101 | 205 | 253 | 223 | 289 | |
-816 | 94 | -104 | -115 | -204 | -178 | |
775 | -206 | -89 | -115 | 7 | -127 | |
Net Cash Flow | 23 | -11 | 11 | 22 | 27 | -15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 198 | 72 | 84 | 64 | 64 | 66 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 198 | 72 | 84 | 64 | 64 | 66 |
Working Capital Days | 42 | 24 | 53 | 29 | 34 | 102 |
ROCE % | 8% | 15% | 34% | 29% |
Documents
Announcements
- Intimation Of Schedule Of Analyst / Institutional Investors' Meet 3h
- Intimation Of Schedule Of Analyst / Institutional Investors' Meet 2d
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
8 May - Of allotment of Equity Shares pursuant to exercise of options by the eligible grantees
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
7 May - Transcript of Earnings Conference Call held on April 30, 2024
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 30 Apr
Concalls
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
Business Services[1]
1. Investor solutions - Account Setup, Transaction Origination, Redemption, Brokerage Calculations, Compliance / Regulatory Reporting Recordkeeping.
Domestic mutual funds, International, Pension services, Alternatives, and wealth management.
2. Issuer solutions: Folio Creation and Maintenance, Transaction Processing for IPO, FPO, etc. Corporate Action Processing, Compliance / Regulatory Reporting Recordkeeping MIS, Virtual Voting e-AGM, e-Vault
3. Global business Domestic mutual services: Mortgage Services Legal Services Transfer Agency Finance and Accounting.