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 ₹ 21,723 Cr.
- Current Price ₹ 1,262
- High / Low ₹ 1,641 / 726
- Stock P/E 65.3
- Book Value ₹ 81.8
- Dividend Yield 0.46 %
- ROCE 34.2 %
- ROE 26.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 137% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.5%
- Company has been maintaining a healthy dividend payout of 26.2%
Cons
- Stock is trading at 15.4 times its book value
- Promoter holding has decreased over last quarter: -10.0%
- Working capital days have increased from 86.7 days to 187 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.
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 | |
---|---|---|---|---|---|---|---|
162 | 450 | 481 | 640 | 720 | 838 | 1,091 | |
97 | 291 | 269 | 352 | 422 | 473 | 612 | |
Operating Profit | 66 | 159 | 212 | 288 | 298 | 364 | 479 |
OPM % | 40% | 35% | 44% | 45% | 41% | 43% | 44% |
2 | 5 | 5 | 6 | 17 | 25 | 38 | |
Interest | 20 | 53 | 52 | 53 | 11 | 9 | 5 |
Depreciation | 34 | 92 | 98 | 37 | 47 | 53 | 64 |
Profit before tax | 14 | 19 | 68 | 204 | 258 | 327 | 448 |
Tax % | 35% | 76% | 196% | 27% | 24% | 25% | 26% |
9 | 5 | -65 | 149 | 196 | 246 | 333 | |
EPS in Rs | 0.54 | 0.30 | -4.28 | 8.87 | 11.57 | 14.39 | 19.33 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 40% | 39% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 19% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 137% |
3 Years: | 31% |
TTM: | 35% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 73% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 26% |
Last Year: | 26% |
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 | 1,751 |
732 | 691 | 630 | 669 | 691 | 764 | 829 | |
CWIP | 0 | 0 | 3 | 35 | 40 | 37 | 3 |
Investments | 112 | 14 | 95 | 93 | 229 | 150 | 462 |
178 | 163 | 196 | 230 | 291 | 467 | 457 | |
Total Assets | 1,022 | 868 | 923 | 1,026 | 1,250 | 1,418 | 1,751 |
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 | -323 | |
775 | -206 | -89 | -115 | 7 | -127 | -95 | |
Net Cash Flow | 23 | -11 | 11 | 22 | 27 | -15 | -19 |
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 | 42 | 24 | 53 | 29 | 34 | 39 | 187 |
ROCE % | 8% | 15% | 34% | 29% | 30% | 34% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
18 Jul - Of allotment of Equity Shares pursuant to exercise of options by the eligible grantees
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jul - Registrar certifies no securities dematerialized for quarter ended June 30, 2025.
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Updates On Incorporation Of A Wholly Owned Subsidiary Of The Company In Singapore
10 Jul - RBI allotted UIN for investment in wholly owned Singapore subsidiary; capital infusion in progress.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8 Jul - Schedule of Earnings Conference Call to be held on Friday, July 25, 2025, at 11:00 a.m. IST in respect of the standalone and consolidated unaudited …
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Announcement under Regulation 30 (LODR)-Change in Management
7 Jul - Retirement of Chief Business Officer A K Sridhar effective July 7, 2025 due to superannuation.
Concalls
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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.