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 ₹ 18,707 Cr.
- Current Price ₹ 1,086
- High / Low ₹ 1,641 / 784
- Stock P/E 54.7
- Book Value ₹ 81.8
- Dividend Yield 0.69 %
- ROCE 32.8 %
- ROE 25.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 134% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.0%
- Company has been maintaining a healthy dividend payout of 26.2%
Cons
- Stock is trading at 13.3 times its book value
- Promoter holding has decreased over last quarter: -10.0%
* 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
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 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|
162 | 450 | 481 | 640 | 720 | 838 | 1,091 | 1,127 | |
97 | 291 | 269 | 352 | 422 | 473 | 612 | 634 | |
Operating Profit | 66 | 159 | 212 | 288 | 298 | 364 | 479 | 493 |
OPM % | 40% | 35% | 44% | 45% | 41% | 43% | 44% | 44% |
2 | 5 | 5 | 6 | 17 | 25 | 38 | 40 | |
Interest | 20 | 53 | 52 | 53 | 11 | 9 | 5 | 5 |
Depreciation | 34 | 92 | 98 | 37 | 47 | 53 | 64 | 67 |
Profit before tax | 14 | 19 | 68 | 204 | 258 | 327 | 448 | 461 |
Tax % | 35% | 76% | 196% | 27% | 24% | 25% | 26% | |
9 | 5 | -65 | 149 | 196 | 246 | 333 | 342 | |
EPS in Rs | 0.54 | 0.30 | -4.28 | 8.87 | 11.57 | 14.39 | 19.33 | 19.89 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 40% | 39% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 19% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 134% |
3 Years: | 29% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 25% |
Last Year: | 25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 166 | 151 | 151 | 168 | 169 | 171 | 172 |
Reserves | 353 | 259 | 196 | 477 | 701 | 970 | 1,236 |
435 | 413 | 383 | 160 | 160 | 49 | 47 | |
68 | 46 | 194 | 222 | 220 | 229 | 296 | |
Total Liabilities | 1,022 | 868 | 923 | 1,026 | 1,250 | 1,418 | 1,750 |
732 | 691 | 630 | 669 | 691 | 764 | 803 | |
CWIP | 0 | 0 | 3 | 35 | 40 | 37 | 29 |
Investments | 112 | 14 | 95 | 93 | 229 | 150 | 462 |
178 | 163 | 196 | 230 | 291 | 467 | 456 | |
Total Assets | 1,022 | 868 | 923 | 1,026 | 1,250 | 1,418 | 1,750 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
63 | 101 | 205 | 253 | 223 | 289 | 399 | |
-816 | 94 | -104 | -115 | -204 | -178 | -322 | |
775 | -206 | -89 | -115 | 7 | -127 | -95 | |
Net Cash Flow | 23 | -11 | 11 | 22 | 27 | -15 | -18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 198 | 72 | 84 | 64 | 64 | 66 | 64 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 198 | 72 | 84 | 64 | 64 | 66 | 64 |
Working Capital Days | -13 | 16 | 5 | 22 | -34 | 34 | 31 |
ROCE % | 8% | 15% | 34% | 29% | 30% | 33% |
Documents
Announcements
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Intimation Of Allotment Of Equity Shares Pursuant To Exercise Of Options By The Eligible Grantees
1d - Allotment of 14,471 shares under ESOP; share capital increased to Rs.172.22 Cr.
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Intimation Of Schedule Of Analyst / Institutional Investors' Meet
2d - Scheduled analyst/investor meet on August 14, 2025, in Mumbai with Dymon Asia.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Aug - Notice of 8th Annual General Meeting and e-voting information, published in the newspapers today
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Letter To Members
6 Aug - Dispatched letters to shareholders for AGM notice and Annual Report access via web link and QR code.
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Business Responsibility and Sustainability Reporting (BRSR)
6 Aug - KFin Technologies submits FY 2024-25 Business Responsibility and Sustainability Report as per SEBI regulations.
Annual reports
Concalls
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Jul 2025Transcript PPT REC
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May 2025Transcript PPT
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Apr 2025Transcript PPT REC
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Jan 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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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 Profile[1]
KFin Technologies Limited is a leading tech-driven financial services platform catering to the capital markets ecosystem in India and globally.