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 ₹ 15,252 Cr.
- Current Price ₹ 882
- High / Low ₹ 1,322 / 785
- Stock P/E 43.0
- Book Value ₹ 95.4
- Dividend Yield 1.36 %
- ROCE 30.6 %
- ROE 23.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 48.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.4%
- Company has been maintaining a healthy dividend payout of 46.5%
Cons
- Stock is trading at 9.25 times its book value
- Promoter holding has decreased over last 3 years: -26.6%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 159 | 441 | 472 | 625 | 696 | 811 | 1,056 | 1,159 | |
| 0 | 98 | 283 | 262 | 337 | 400 | 453 | 587 | 651 | |
| Operating Profit | -0 | 61 | 157 | 210 | 288 | 297 | 358 | 469 | 508 |
| OPM % | 38% | 36% | 44% | 46% | 43% | 44% | 44% | 44% | |
| 0 | 2 | 8 | 5 | 9 | 17 | 24 | 34 | 28 | |
| Interest | 0 | 19 | 53 | 52 | 53 | 11 | 8 | 5 | 4 |
| Depreciation | 0 | 30 | 92 | 98 | 36 | 43 | 49 | 59 | 67 |
| Profit before tax | -0 | 14 | 20 | 64 | 208 | 259 | 325 | 438 | 464 |
| Tax % | -36% | 37% | 70% | 204% | 26% | 24% | 25% | 26% | 25% |
| -0 | 8 | 6 | -67 | 153 | 196 | 245 | 326 | 346 | |
| EPS in Rs | -70.00 | 0.51 | 0.39 | -4.46 | 9.13 | 11.60 | 14.35 | 18.92 | 20.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 40% | 40% | 60% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 19% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 22% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 24% |
| Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 166 | 151 | 151 | 168 | 169 | 171 | 172 | 173 |
| Reserves | -0 | 353 | 258 | 193 | 478 | 702 | 971 | 1,228 | 1,473 |
| 0 | 389 | 343 | 346 | 158 | 159 | 48 | 45 | 42 | |
| 0 | 85 | 115 | 230 | 216 | 213 | 228 | 288 | 327 | |
| Total Liabilities | 0 | 993 | 868 | 919 | 1,019 | 1,244 | 1,417 | 1,733 | 2,015 |
| 0 | 696 | 682 | 621 | 629 | 651 | 714 | 747 | 748 | |
| CWIP | 0 | 0 | 0 | 3 | 35 | 40 | 36 | 31 | 54 |
| Investments | 0 | 126 | 29 | 110 | 147 | 290 | 225 | 535 | 652 |
| 0 | 171 | 156 | 186 | 209 | 263 | 443 | 421 | 561 | |
| Total Assets | 0 | 993 | 868 | 919 | 1,019 | 1,244 | 1,417 | 1,733 | 2,015 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 98 | 102 | 202 | 256 | 232 | 286 | 393 | 384 | |
| 0 | -864 | 98 | -106 | -125 | -214 | -172 | -330 | -246 | |
| 0 | 779 | -206 | -89 | -115 | 8 | -125 | -95 | -131 | |
| Net Cash Flow | 0 | 14 | -5 | 6 | 16 | 26 | -10 | -31 | 7 |
| Free Cash Flow | 0 | 93 | 95 | 172 | 190 | 167 | 207 | 308 | 307 |
| CFO/OP | 0% | 191% | 84% | 97% | 106% | 97% | 98% | 103% | 96% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 182 | 64 | 77 | 63 | 62 | 65 | 62 | 66 | |
| Inventory Days | |||||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 182 | 64 | 77 | 63 | 62 | 65 | 62 | 66 | |
| Working Capital Days | 40 | 16 | 5 | 22 | -37 | 31 | 30 | 53 | |
| ROCE % | 7% | 9% | 16% | 35% | 29% | 30% | 34% | 31% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Domestic MF AAUM Market Share % |
|
||||||
| Domestic MF AAUM Serviced ₹ billion |
|||||||
| NPS Subscribers Number |
|||||||
| Number of AIF Funds serviced Number |
|||||||
| Number of Corporate Clients (Issuer Solutions) Number |
|||||||
| Number of International Clients (Investor Solutions) Number |
|||||||
| Main Board IPOs Handled (Issuer Solutions) Number |
|||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
13m - KFin Technologies enhances Hanisha Vadlamani’s role to Chief Brand Officer, effective July 6, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
2 Jul - Ramesh Ramchandran ceases as Senior Vice President from July 2, 2026, to become Principal Officer at subsidiary.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Jun - Please find attached the Notice of 9th Annual General Meeting and e-voting information, published in the newspapers today
-
Letter To Members
30 Jun - KFin Technologies schedules 9th AGM on July 22, 2026 and shares FY26 annual report access details.
-
Submission Of Annual Report (Interactive) For The Financial Year 2025-26
30 Jun - Submitted FY2025-26 interactive annual report and AGM notice to NSE and BSE.
Annual reports
Concalls
-
May 2026Transcript PPT REC
-
Feb 2026TranscriptPPT
-
Feb 2026Transcript PPT
-
Nov 2025Transcript PPT REC
-
Jul 2025Transcript PPT REC
-
May 2025Transcript PPT
-
Apr 2025Transcript PPT REC
-
Jan 2025Transcript PPT REC
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Oct 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
Business Profile[1]
KFin Technologies Limited is a leading tech-driven financial services platform catering to the capital markets ecosystem in India and globally.