Upcoming Dividend • Jul 08
Upcoming dividend of ₹12.00 per share Eligible shareholders must have bought the stock before 15 July 2026. Payment date: 21 August 2026. Payout ratio is a comfortable 60% and the cash payout ratio is 80%. Trailing yield: 1.4%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (1.3%). Reported Earnings • Jul 03
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: ₹19.95 (up from ₹19.39 in FY 2025). Revenue: ₹13.2b (up 19% from FY 2025). Net income: ₹3.44b (up 3.3% from FY 2025). Profit margin: 26% (down from 30% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Capital Markets industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 26
KFin Technologies Limited to Report Q1, 2027 Results on Jul 24, 2026 KFin Technologies Limited announced that they will report Q1, 2027 results on Jul 24, 2026 Announcement • Jun 16
KFin Technologies Limited, Annual General Meeting, Jul 22, 2026 KFin Technologies Limited, Annual General Meeting, Jul 22, 2026, at 11:30 Indian Standard Time. Price Target Changed • May 03
Price target decreased by 7.5% to ₹1,159 Down from ₹1,253, the current price target is an average from 19 analysts. New target price is 30% above last closing price of ₹895. Stock is down 21% over the past year. The company is forecast to post earnings per share of ₹23.53 for next year compared to ₹19.95 last year. Reported Earnings • Apr 30
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: ₹19.95 (up from ₹19.39 in FY 2025). Revenue: ₹13.4b (up 21% from FY 2025). Net income: ₹3.44b (up 3.3% from FY 2025). Profit margin: 26% (down from 30% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 7.2%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Capital Markets industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 27
KFin Technologies Limited to Report Q4, 2026 Results on Apr 29, 2026 KFin Technologies Limited announced that they will report Q4, 2026 results on Apr 29, 2026 Announcement • Feb 17
KFin Technologies Limited Appoints Nazish Hussain Mir as Chief Technology Officer, Effective April 1, 2026 KFin Technologies Limited has appointed Mr. Nazish Hussain Mir as the Chief Technology Officer (Senior Management Personnel) of the Company, with effect from April 1, 2026. The Board of Directors of the Company passed a circular resolution on February 16, 2026, to appoint Mr. Mir as CTO. Nazish Hussain Mir serves as the Head of WebileApps (India) Private Limited, a wholly owned subsidiary and the core digital transformation arm of KFin Technologies Limited. Since co-founding WebileApps in 2009, he has led its evolution from a specialized startup into a 400-person engineering organization supporting fintech, capital markets, and healthcare platforms across Indian and international markets. A BTech from KL University, Nazish worked with Wipro Limited before founding WebileApps. Under his leadership, WebileApps transitioned from a services-led organization into a strategic engineering partner for financial institutions, specializing in managed services and large-scale platform modernization. Following its acquisition, his role expanded to provide technical oversight of engineering capabilities, platform architecture, and delivery systems, with a focus on system reliability, high-concurrency scalability, and alignment with evolving regulatory frameworks. His work has focused on transforming platforms serving asset management companies and distributors, strengthening data and operational infrastructure. He is currently directing the adoption of applied artificial intelligence across the software development lifecycle, including the implementation of agentic coding frameworks and AI-assisted engineering workflows to improve productivity, reliability, and delivery precision. Reported Earnings • Feb 15
Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2026 results: EPS: ₹5.34 (up from ₹5.25 in 3Q 2025). Revenue: ₹3.78b (up 26% from 3Q 2025). Net income: ₹919.9m (up 2.0% from 3Q 2025). Profit margin: 24% (down from 30% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Capital Markets industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 24
KFin Technologies Limited to Report Q3, 2026 Results on Feb 13, 2026 KFin Technologies Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Oct 28
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: ₹5.42 (up from ₹5.21 in 2Q 2025). Revenue: ₹3.20b (up 10.0% from 2Q 2025). Net income: ₹933.1m (up 4.5% from 2Q 2025). Profit margin: 29% (down from 31% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Capital Markets industry in India. Announcement • Sep 26
KFin Technologies Limited to Report Q2, 2026 Results on Oct 27, 2025 KFin Technologies Limited announced that they will report Q2, 2026 results on Oct 27, 2025 Upcoming Dividend • Aug 15
Upcoming dividend of ₹7.50 per share Eligible shareholders must have bought the stock before 22 August 2025. Payment date: 27 September 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.1%). Declared Dividend • Jul 26
Dividend increased to ₹7.50 Dividend of ₹7.50 is 30% higher than last year. Ex-date: 22nd August 2025 Payment date: 27th September 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (41% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 25
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: ₹4.49 (up from ₹3.98 in 1Q 2025). Revenue: ₹2.84b (up 16% from 1Q 2025). Net income: ₹772.6m (up 14% from 1Q 2025). Profit margin: 27% (in line with 1Q 2025). Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) exceeded analyst estimates by 1.1%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in India. Announcement • Jul 25
KFin Technologies Limited, Annual General Meeting, Aug 28, 2025 KFin Technologies Limited, Annual General Meeting, Aug 28, 2025, at 15:00 Indian Standard Time. Announcement • Jun 29
KFin Technologies Limited to Report Q1, 2026 Results on Jul 24, 2025 KFin Technologies Limited announced that they will report Q1, 2026 results on Jul 24, 2025 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,248, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 35x in the Capital Markets industry in India. Total returns to shareholders of 76% over the past year. Announcement • May 13
General Atlantic Reportedly to Offload Stake in KFin Technologies KFin Technologies Limited (NSEI:KFINTECH) shares will be in focus on 13 May 2025 after US-based private equity firm General Atlantic Service Company, L.P., through its affiliate General Atlantic Singapore Fund Pte. Ltd, is expected to sell up to 6.9% of its stake in the company via block deals, according to media reports. The transaction will involve approximately 1.18 crore shares, with a total deal value of around INR 12.095 billion. The floor price for the sale is set at INR 1,025 per share — an 8.3% discount to the stock’s current market price, sources told CNBC-TV18. Price Target Changed • May 06
Price target increased by 7.7% to ₹1,287 Up from ₹1,194, the current price target is an average from 16 analysts. New target price is 23% above last closing price of ₹1,042. Stock is up 37% over the past year. The company is forecast to post earnings per share of ₹21.78 for next year compared to ₹19.39 last year. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹1,042, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 31x in the Capital Markets industry in India. Total returns to shareholders of 38% over the past year. Reported Earnings • Apr 30
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹19.39 (up from ₹14.46 in FY 2024). Revenue: ₹11.3b (up 31% from FY 2024). Net income: ₹3.33b (up 35% from FY 2024). Profit margin: 30% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in India. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹1,201, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 30x in the Capital Markets industry in India. Total returns to shareholders of 92% over the past year. Announcement • Mar 28
KFin Technologies Limited to Report Q4, 2025 Results on Apr 28, 2025 KFin Technologies Limited announced that they will report Q4, 2025 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹1,099, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 30x in the Capital Markets industry in India. Total returns to shareholders of 82% over the past year. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1,224, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 32x in the Capital Markets industry in India. Total returns to shareholders of 87% over the past year. Reported Earnings • Jan 24
Third quarter 2025 earnings: EPS misses analyst expectations Third quarter 2025 results: EPS: ₹5.25 (up from ₹3.92 in 3Q 2024). Revenue: ₹2.99b (up 33% from 3Q 2024). Net income: ₹901.8m (up 35% from 3Q 2024). Profit margin: 30% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in India. New Risk • Jan 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹1,173, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 31x in the Capital Markets industry in India. Total returns to shareholders of 119% over the past year. Price Target Changed • Jan 11
Price target increased by 8.8% to ₹1,162 Up from ₹1,067, the current price target is an average from 14 analysts. New target price is 16% below last closing price of ₹1,376. Stock is up 160% over the past year. The company is forecast to post earnings per share of ₹19.76 for next year compared to ₹14.46 last year. Announcement • Jan 06
KFin Technologies Limited to Report Q3, 2025 Results on Jan 23, 2025 KFin Technologies Limited announced that they will report Q3, 2025 results on Jan 23, 2025 Announcement • Dec 31
KFin Technologies Limited Appoints Ramesh Ramchandran as the Senior Vice President Customer Relationship Management KFin Technologies Limited appointed Mr. Ramesh Ramchandran as the Senior Vice President Customer Relationship Management (Senior Management Personnel) of the Company with effect from December 30, 2024. Ramesh Ramchandran is an accomplished professional with over 24 years of experience in ITES industry with various verticals like Retail, Banking, Insurance, Healthcare, US /UK mortgages. He has demonstrated exceptional leadership skills in managing large-scale businesses across diverse sectors, including Mortgages, Insurance, Revenue Cycle Management, and Finance & Accounting. He is a Bachelor of Engineering and is highly skilled in Operations, Business Process Management, Revenue Management, Operations Excellence, Customer Management, Process Excellence, Six Sigma and People Management. Ramesh has been associated with KFintech since June 2019. Announcement • Nov 28
KFin Technologies Limited Announces Cessation of Jaideep Hansraj as Nominee Director on the Board of Directors KFin Technologies Limited announced that at the board meeting held on November 28, 2024 announced that Mr. Jaideep Hansraj has ceased to be the Nominee Director of KMBL on the Board of Directors of the Company with effect from November 28, 2024. Announcement • Nov 08
KFin Technologies Limited Announces Resignation of Rajeev Hanmantrao Mane as Chief Operating Officer KFin Technologies Limited informed that Mr. Rajeev Hanmantrao Mane, a Senior Management Personnel, had tendered his resignation as the Chief Operating Officer International and Other Businesses of the Company vide his resignation letter dated August 06, 2024, citing pursuit of better opportunity, and his last working day /effective date of resignation is November 08, 2024. Price Target Changed • Oct 31
Price target increased by 11% to ₹1,006 Up from ₹909, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of ₹1,000. Stock is up 114% over the past year. The company is forecast to post earnings per share of ₹19.64 for next year compared to ₹14.46 last year. Reported Earnings • Oct 29
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: ₹5.21 (up from ₹3.62 in 2Q 2024). Revenue: ₹2.91b (up 35% from 2Q 2024). Net income: ₹893.2m (up 46% from 2Q 2024). Profit margin: 31% (up from 28% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 4.2%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in India. Announcement • Oct 08
KFin Technologies Limited to Report Q2, 2025 Results on Oct 28, 2024 KFin Technologies Limited announced that they will report Q2, 2025 results on Oct 28, 2024 New Risk • Oct 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risk Short dividend paying track record (less than a year of continuous dividend payments). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹993, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 32x in the Capital Markets industry in India. Total returns to shareholders of 164% over the past year. New Risk • Aug 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (8.2% average weekly change). Price Target Changed • Jul 31
Price target increased by 8.3% to ₹830 Up from ₹767, the current price target is an average from 12 analysts. New target price is 5.1% below last closing price of ₹875. Stock is up 129% over the past year. The company is forecast to post earnings per share of ₹18.67 for next year compared to ₹14.46 last year. Reported Earnings • Jul 27
First quarter 2025 earnings: Revenues and EPS in line with analyst expectations First quarter 2025 results: EPS: ₹3.98 (up from ₹2.56 in 1Q 2024). Revenue: ₹2.46b (up 32% from 1Q 2024). Net income: ₹680.7m (up 57% from 1Q 2024). Profit margin: 28% (up from 23% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in India. Announcement • Jul 18
KFin Technologies Limited, Annual General Meeting, Aug 29, 2024 KFin Technologies Limited, Annual General Meeting, Aug 29, 2024, at 16:00 Indian Standard Time. Announcement • Jul 12
KFin Technologies Limited to Report Q1, 2025 Results on Jul 26, 2024 KFin Technologies Limited announced that they will report Q1, 2025 results on Jul 26, 2024 Announcement • Jul 04
PHONE2VOTE India Private Limited agreed to acquire 20.95% stake in Fintech Products and Solutions (India) Private Limited from KFin Technologies Limited (NSEI:KFINTECH) for INR 65 million. PHONE2VOTE India Private Limited agreed to acquire 20.95% stake in Fintech Products and Solutions (India) Private Limited from KFin Technologies Limited (NSEI:KFINTECH) for INR 65 million on July 2, 2024. A cash consideration of INR 65 million will be paid by PHONE2VOTE India Private Limited. The transaction is subject to customary closing conditions. The deal has been approved by the Borad of Directors of KFin Technologies Limited. The expected completion of the transaction is July 2, 2024. Announcement • May 30
General Atlantic Singapore Reportedly Likely to Sell Up to 6.8% Stake in KFin Technologies via Block Deal Global private equity firm General Atlantic Singapore is likely to sell up to 6.8% equity in KFin Technologies Limited (NSEI:KFINTECH) at an estimated floor price of INR 712.5 per share, which is a 4% discount. The total deal size, including the green shoe option, is 11.7 million, moneycontrol.com reported, citing CNBC TV18. The base issue size is set at INR 5,000 million and can be upsized to INR 8,333 million, the report said citing sources. General Atlantic is a part of the promoter group which holds stake in KFin Technologies through entities – General Atlantic Singapore Fund Pte and General Atlantic Singapore KFT Pte Ltd. While the former has a 38.03% holding in the company, the latter holds 0.94% according to shareholding data available on the BSE. On May 29, 2024, KFin Tech shares closed at INR 742.10 on the NSE, down by INR 9.40 or 1.25% from the May 28, 2024 closing price. Announcement • May 26
Kfin Technologies Limited Appoints Chengalath Jayaram as an Independent Director KFin Technologies Limited announced the appointment of Mr. Chengalath Jayaram as an Independent Director, effective 24th May 2024. Mr. Jayaram brings with him a wealth of experience spanning over 39 years in various facets of finance and business, making him a valuable addition to KFintech's Board of Directors. Mr. Jayaram's illustrious career includes a 26-year tenure at the Kotak Group, where he played a key role in establishing and growing multiple business verticals. His notable positions included Managing Director of Kotak Securities Limited and Joint Managing Director of Kotak Mahindra Bank. During his time at Kotak, Mr. Jayaram was instrumental in heading the Private Banking, Alternative Investments, and international operations, further solidifying his expertise in the financial sector. Before his tenure at Kotak, Mr. Jayaram gained valuable experience at Overseas Sanmar Financial Limited. Throughout his career, he has been recognized for his strategic acumen and leadership in driving business growth and innovation. Mr. Jayaram's extensive experience also includes serving as a Director on the Board of the Multi Commodity Exchange of India Limited, AllSec Technologies Limited, and Financial Planning Standards Board India. His contributions to these organizations have been marked by a consistent focus on expanding business operations, enhancing service offerings, and fostering innovation. Announcement • May 25
KFin Technologies Limited Approves Executives Appointment The Board of Directors of KFin Technologies Limited at its meeting held on May 24, 2024, has appointed Mr. Anish Kumar as the Chief Risk Officer (Senior Management Personnel) of the Company, with effect from May 24, 2024; approved the change in role and designation of Mr. Praveen Shankaran (Senior Management Personnel), as the Chief Operating Officer - Domestic Fund Services, with effect from May 24, 2024. Anish Kumar is a Commerce Graduate and a Company Secretary with approx. 23+ years of experience in Capital Markets with all the leading Exchanges, Depositories and RTAs. He has previously worked with Metropolitan Stock Exchange of India Limited, National Stock Exchange of India Limited and National Securities Depository Limited. In his previous role he has worked as Chief Risk Officer, Listing Head & Compliance Officer. Praveen Shankaran is a member of the Institute of Chartered Accountants of India, with approx. 17+ years of experience in mutual fund and fraud analytics. Price Target Changed • May 03
Price target increased by 12% to ₹753 Up from ₹670, the current price target is an average from 12 analysts. New target price is 7.6% below last closing price of ₹815. Stock is up 143% over the past year. The company is forecast to post earnings per share of ₹17.77 for next year compared to ₹14.46 last year. Reported Earnings • Apr 30
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: ₹14.46 (up from ₹11.66 in FY 2023). Revenue: ₹8.62b (up 18% from FY 2023). Net income: ₹2.46b (up 26% from FY 2023). Profit margin: 28% (up from 27% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Capital Markets industry in India. Announcement • Apr 11
KFin Technologies Limited to Report Q4, 2024 Results on Apr 29, 2024 KFin Technologies Limited announced that they will report Q4, 2024 results on Apr 29, 2024 Announcement • Feb 10
KFin Technologies Limited Announces the Resignation of Kiran Aidhi as the Chief People Officer KFin Technologies Limited informed that Ms. Kiran Aidhi, a Senior Management Personnel, had tendered her resignation as the Chief People Officer of the Company vide her resignation letter dated November 13, 2023, citing pursuit of better opportunity, and her last working day /effective date of resignation is February 10, 2024. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹623, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 31x in the Capital Markets industry in India. Total returns to shareholders of 101% over the past year. Price Target Changed • Jan 30
Price target increased by 9.2% to ₹579 Up from ₹530, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ₹599. Stock is up 88% over the past year. The company is forecast to post earnings per share of ₹14.22 for next year compared to ₹11.66 last year. Price Target Changed • Jan 29
Price target increased by 7.6% to ₹546 Up from ₹507, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ₹560. Stock is up 74% over the past year. The company is forecast to post earnings per share of ₹14.07 for next year compared to ₹11.66 last year. Reported Earnings • Jan 26
Third quarter 2024 earnings: EPS exceeds analyst expectations Third quarter 2024 results: EPS: ₹3.92 (up from ₹3.19 in 3Q 2023). Revenue: ₹2.25b (up 16% from 3Q 2023). Net income: ₹668.3m (up 25% from 3Q 2023). Profit margin: 30% (up from 28% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Capital Markets industry in India. Announcement • Jan 09
KFin Technologies Limited to Report Q3, 2024 Results on Jan 25, 2024 KFin Technologies Limited announced that they will report Q3, 2024 results on Jan 25, 2024 Announcement • Jan 02
KFintech Introduces XAlt, to Streamline Fund Administration for AIFs in India KFin Technologies Limited unveils XAlt, a first-of-its kind, and integrated fund administration platform designed exclusively for Alternative Investment Funds (AIFs) in India. The platform offers an integrated solution, making it easier for fund managers and investors to navigate the complexities of AIFs. XAlt offers a seamless experience in handling investor services, bolstered by its integration with KFintech's in-house Fund Accounting platform, mPower. mPower automates key processes such as valuations, income recognition, and compliance management, further streamlining fund administration. This integration further enhances operational efficiency and provides an exceptional user experience. Other key features of the platform include: Persona-Based Portals: XAlt offers tailored portals for different users like investors, distributors, and fund managers, providing them with relevant dashboard information and detailed transaction insights. Digital Onboarding for Investors & Distributors: The platform enables easy and digital sign-up processes for investors and distributors, streamlining their integration. Seamless System Integration: XAlt facilitates smooth interaction between various internal and external systems, enhancing operational efficiency. Innovative Commission Processing: It introduces unique features for processing commissions in AIF funds, a first in the industry. Regular AML/KYC Checks: The platform conducts daily runs of Anti-Money Laundering (AML) and Know Your Customer (KYC) checks to ensure compliance and security. Robust Security Measures: For high-value investors, XAlt provides strong security through complete encryption, virtualization, and tokenization. Announcement • Dec 21
KFin Technologies Limited Approves Executive Changes KFin Technologies Limited approved the appointment of Mr. Marudheri Shankaran Chandrasekhar as Chief of Fund Accounting Platform, Mr. Ravi Seshadri as Chief Operating Officer Fund Accounting Platform and Mr. A K Sridhar as Chief Business Officer Fund Accounting Platform, with effect from December 21, 2023. Mr. Marudheri Shankaran Chandrasekhar (MS) has 39 years of experience leading domain driven I.T businesses in the BFS vertical. He has worked with several prominent international banks and product providers including ANZ Grindlays bank, Temenos, Merrill Lynch, Prudential Asset Management and others during his formative years. Ravi Seshadri (Ravi) has over three decades of experience in delivering product and bespoke solutions in the BFSI domain. He has led delivery teams across large turnkey projects, across geographies, while efficiently managing people, risks and budgets. As the COO of Hexagram, Ravi is responsible for building a collaborative and dynamic delivery process, balancing capacity and capability of delivery resources, ensuring quality and timely. A K Sridhar (Sridhar) is well-recognized for his result-oriented management style, domain expertise, professionalism, and people management skills. He has over 36 years of work experience in the areas of Finance, Investment Management, Credit & Debt Markets, Equity Markets, Project Finance, FinTech products & industry and Business Strategy. His work experience spans across various regulated Financial Services verticals - Mutual Fund, Insurance Industry, Offshore Funds, Alternate Investments (AIFs), Infrastructure PE Funds, Corporate Finance & Treasury, FinTech and Financial Consulting. He has been also on the various Board Level Committees /Management Committees of various organizations in the BFSI segment and has been a part of the top management team in Investment Management, Business. Announcement • Dec 15
General Atlantic Reportedly Likely to Sell 6.2% Stake in KFin Technologies Via Block Deal Global private equity firm General Atlantic Service Company, L.P. is likely to sell 6.2% stake in KFin Technologies Limited (NSEI:KFINTECH) through a block deal, ETNow reported, quoting sources. In case of a strong response, the private equity firm has the option to sell another 3.8% stake in the company, thereby taking the total deal size to 10% stake. The floor price set for the sale is INR 490, a discount of 8% to the current market price. On December 14, 2023, shares of the company ended 5.6% higher on the National Stock Exchange at INR 531.80. The offer size is around INR 5,150 million-INR 8,330 million, with 90 days of lock-in, and IIFL Securities is the broker to the deal, the news channel reported. General Atlantic is part of the promoter group, and held 49.12% stake in KFin Technologies, through entities – General Atlantic Singapore Fund Pte and General Atlantic Singapore KFT Pte Ltd. The stock, which got listed in December last year, has given more than 54% returns so far in 2023. General Atlantic had sold partial stake in the company during its initial public offering. Announcement • Nov 21
Kfin Technologies Limited Announces Appointment of Manju Anand as the Chief Compliance Officer and Legal Head KFin Technologies Limited announced that the Board of Directors of the Company at its meeting held on November 20, 2023, has inter-alia appointed Ms. Manju Anand as the Chief Compliance Officer and Legal Head (Senior Management Personnel) of the Company with effect from November 21, 2023. Ms. Manju Anand is a qualified Company Secretary with 23 years of diverse experience across BFSI, Logistics and Manufacturing sectors. Ms. Manju Anand has worked with Companies that are leaders in the space they operate in, like SBI Life Insurance, Fullerton India, VFS Global, Transworld Group and Tilak Nagar Industries. In her professional journey, she has handled LODR compliance, global corporate governance, capital restructuring, demergers, JV management, liaison with regulatory authorities, Board advisor on policy formulation and implementation. Ms. Manju Anand has a flare to develop and mentor high performance teams and also likes undertaking automation in the functional areas of expertise. Reported Earnings • Oct 21
Second quarter 2024 earnings released: EPS: ₹3.62 (vs ₹2.86 in 2Q 2023) Second quarter 2024 results: EPS: ₹3.62 (up from ₹2.86 in 2Q 2023). Revenue: ₹2.15b (up 18% from 2Q 2023). Net income: ₹613.8m (up 28% from 2Q 2023). Profit margin: 28% (up from 26% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Capital Markets industry in India. Announcement • Oct 05
KFin Technologies Limited to Report Q2, 2024 Results on Oct 20, 2023 KFin Technologies Limited announced that they will report Q2, 2024 results on Oct 20, 2023 Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹449, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 23x in the Capital Markets industry in India. Announcement • Aug 29
KFin Technologies Limited, Annual General Meeting, Sep 25, 2023 KFin Technologies Limited, Annual General Meeting, Sep 25, 2023, at 15:00 Indian Standard Time. Agenda: To consider and adopt the standalone and consolidated audited financial statements of the Company for the financial year ended March 31, 2023, and the Reports of the Board of Directors and Auditors thereon, and in this regard; to consider and appoint Mr. Srinivas Peddada, who retires by rotation as a Nominee Director; to consider and appoint Mr. Jaideep Hansraj , who retires by rotation as a Nominee Director; to consider and appoint M/s. B S R and Co, as the Statutory Auditors of the Company and, in this regard; and to discuss other business matters. Announcement • Aug 05
KFin Technologies Limited Announces Resignation of Anshul Kumar Jain as the Chief Compliance Officer and Head Legal KFin Technologies Limited announced that Mr. Anshul Kumar Jain, a Senior Management Personnel, had tendered his resignation as the Chief Compliance Officer and Head Legal of the Company vide his resignation letter dated May 08, 2023, citing pursuit of better opportunity, and his last working day effective date of resignation is August 04, 2023. Reported Earnings • Jul 29
First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2024 results: EPS: ₹2.56 (up from ₹2.55 in 1Q 2023). Revenue: ₹1.87b (up 6.1% from 1Q 2023). Net income: ₹433.8m (up 1.6% from 1Q 2023). Profit margin: 23% (in line with 1Q 2023). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Capital Markets industry in India. Announcement • Jul 26
KFin Technologies Limited Announces the Resignation of Sandeep Naik as Director KFin Technologies Limited announced that Mr. Sandeep Naik, Non-Executive Nominee Director of the Company has vide his letter dated July 25, 2023, resigned from the Board of Directors as well as from the membership of the Committees of the Board of Directors, citing other pressing commitments, with effect from July 25, 2023. Announcement • Jul 12
KFin Technologies Limited to Report Q1, 2024 Results on Jul 28, 2023 KFin Technologies Limited announced that they will report Q1, 2024 results on Jul 28, 2023 Announcement • Jun 24
KFin Technologies Limited to Report Q4, 2023 Results on Jun 23, 2023 KFin Technologies Limited announced that they will report Q4, 2023 results on Jun 23, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹3.19 (vs ₹1.85 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.19 (up from ₹1.85 in 3Q 2022). Revenue: ₹1.94b (up 14% from 3Q 2022). Net income: ₹533.8m (up 79% from 3Q 2022). Profit margin: 28% (up from 18% in 3Q 2022). Announcement • Jan 20
KFin Technologies Limited to Report Q3, 2023 Results on Feb 10, 2023 KFin Technologies Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Dec 30
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Prashant Saran was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.