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 ₹ 14,108 Cr.
- Current Price ₹ 818
- High / Low ₹ 1,388 / 785
- Stock P/E 39.8
- Book Value ₹ 95.4
- Dividend Yield 0.92 %
- 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 8.57 times its book value
- Promoter holding has decreased over last 3 years: -26.6%
- Working capital days have increased from 62.1 days to 125 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
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: | -22% |
| 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 | 798 | |
| CWIP | 0 | 0 | 0 | 3 | 35 | 40 | 36 | 31 | 5 |
| 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 | -323 | -246 | |
| 0 | 779 | -206 | -89 | -115 | 8 | -125 | -95 | -131 | |
| Net Cash Flow | 0 | 14 | -5 | 6 | 16 | 26 | -10 | -24 | 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 | 125 | |
| ROCE % | 7% | 9% | 16% | 35% | 29% | 30% | 34% | 31% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Domestic Mutual Fund AAUM (Average Assets Under Management) ₹ billion |
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| AIF (Alternative Investment Fund) AAUM ₹ trillion |
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| Equity AAUM Market Share % |
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| Investor Folios Managed (MF) million |
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| NPS (National Pension System) Subscriber Base million |
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| Number of Issuer Solutions Clients units |
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| Overall Domestic MF AAUM Market Share % |
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Extracted by Screener AI
Documents
Announcements
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Intimation Of Schedule Of Analyst / Institutional Investors' Meet
24h - KFin Technologies will host one-on-one investor meet with Kotak MF in Mumbai on May 26, 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - KFin Technologies filed its Annual Secretarial Compliance Report for FY2025-26, reporting full compliance and no violations.
- Intimation Of Schedule Of Analyst / Institutional Investors' Meet 1d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - KFin Technologies launched AEGIX, an AI-native investor relations platform, on May 20, 2026.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
13 May - Please find attached intimation of allotment of Equity Shares pursuant to exercise of options by the eligible grantees
Annual reports
Concalls
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May 2026Transcript PPT REC
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Feb 2026TranscriptPPT
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Nov 2025Transcript PPT REC
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Oct 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.