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 ₹ 13,273 Cr.
- Current Price ₹ 775
- High / Low ₹ 822 / 368
- Stock P/E 49.0
- 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 11.6 times its book value
- Promoter holding has decreased over last quarter: -5.91%
- 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 | TTM | |
---|---|---|---|---|---|---|---|
162 | 450 | 481 | 640 | 720 | 838 | 894 | |
97 | 291 | 269 | 352 | 422 | 473 | 500 | |
Operating Profit | 66 | 159 | 212 | 288 | 298 | 364 | 394 |
OPM % | 40% | 35% | 44% | 45% | 41% | 43% | 44% |
2 | 5 | 5 | 6 | 17 | 25 | 27 | |
Interest | 20 | 53 | 52 | 53 | 11 | 8 | 7 |
Depreciation | 34 | 92 | 98 | 37 | 47 | 53 | 55 |
Profit before tax | 14 | 19 | 68 | 204 | 258 | 327 | 359 |
Tax % | 35% | 76% | 196% | 27% | 24% | 25% | |
9 | 5 | -65 | 149 | 196 | 246 | 271 | |
EPS in Rs | 0.54 | 0.30 | -4.28 | 8.87 | 11.57 | 14.39 | 15.86 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 40% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 39% |
3 Years: | 20% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 94% |
3 Years: | 80% |
TTM: | 34% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 99% |
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 |
435 | 413 | 383 | 160 | 160 | 49 | |
68 | 46 | 194 | 222 | 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% | 30% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
9h - Presentation and Factsheet on performance of the Company for the quarter ended June 30, 2024
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10h - Press Release titled "Strong Performance Across Segments Led By New Wins, Revenue and Profitability Growth, And Expansion In Margins"
- Outcome Of Board Meeting And Submission Of Standalone And Consolidated Unaudited Financial Results 10h
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
20 Jul - Media Release titled "KFin Technologies Limited Remain Unaffected by Global IT Outage"
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
19 Jul - Of allotment of Equity shares pursuant to exercise of options by the eligible grantees
Concalls
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Jul 2024TranscriptNotesPPT
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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.