KFin Technologies Ltd.

•

kfintech.comBSE: 543720NSE: KFINTECH

Market Cap₹ 15,729 Cr.

Current Price

High / Low₹ 1,215 / 785

Stock P/E45.0

Book Value₹ 98

Price to Book9.35

Dividend Yield1.32 %

ROCE30.8 %

ROE23.1 %

Face Value₹ 10

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ABOUT

AI Sector View

AI GENERATED

Financial Services

Buy

Financials remain one of the clearest macro beneficiaries. Loan growth was 18.3% (Aug/26) versus deposit growth 14.7% (Aug/26), SCB credit growth was 17.5% YoY (2026-07), UPI transactions rose 22.0% YoY (2026-07), and M3 money supply grew 15.0% YoY (2026-07). Sector flows have also turned meaningfully supportive, with INR 13171 crore net FPI inflow over 3 months to 2026-08-31 after INR -114652 crore in the prior 3 months.

Confidence

84%

View full sector analysis →

PROS

Company is almost debt free
Company has a healthy return on capital (ROCE) of 32.2%
Company has a good return on equity (ROE) track record: 3 Years ROE 24.6%
Company has delivered good sales growth of 19.7% CAGR over last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.16x)
Company has been maintaining a healthy dividend payout of 59.8%

CONS

Promoter holding has decreased over last 2 years: -10.2pp
Stock is trading at 9.3x its book value
Expensive relative to growth - PEG of 2.2
Rich enterprise valuation - EV/EBITDA of 27.3x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Financial ServicesBusiness ServicesDepository Services

Part ofNIFTY TOTAL MKT NIFTY SMLCAP 50 NIFTY 500 NIFTY SMLCAP 250

S.No.	Name
1.	CDSL	1368.60	60.69	28603.74	0.93	117.67	14.91	292.76	13.12	32.75	47.19
2.	CAMS	715.75	35.93	17780.55	1.75	127.09	17.64	395.03	11.54	52.08	46.20
3.	KFINTECH	909.85	46.04	15728.77	1.32	75.21	-2.64	356.54	30.09	30.70	34.14

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	176	200	211	224	230	269	282	274	264	297	313	284	287
	105	107	115	126	132	146	152	158	155	167	166	164	190
Operating Profit	71	93	96	99	98	123	131	117	110	130	147	120	97
OPM %	40.23%	46.41%	45.49%	44.02%	42.72%	45.77%	46.24%	42.53%	41.56%	43.88%	46.92%	42.35%	33.72%
	5	6	6	6	8	8	9	9	10	10	-2	10	10
Interest	3	3	1	1	1	1	1	1	1	1	1	1	1
Depreciation	11	12	12	13	14	15	15	15	16	16	17	17	18
Profit before Tax	62	84	89	91	91	115	123	109	103	123	126	112	106
Tax %	27.09%	26.57%	25.72%	19.68%	25.58%	25.78%	25.88%	25.55%	25.92%	26.08%	25.53%	24.07%	25.08%
Net Profit	45	62	66	73	68	85	91	81	76	91	94	85	80
	2.65	3.65	3.86	4.26	3.97	4.97	5.30	4.74	4.42	5.29	5.45	4.93	4.62

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	441	472	625	696	811	1,055	1,159	1,181
	283	262	338	403	458	591	652	687
Operating Profit	157	210	287	293	353	465	507	494
OPM %	35.72%	44.42%	45.95%	42.11%	43.52%	44.05%	43.75%	41.85%
	8	5	10	20	29	37	28	28
Interest	53	52	53	11	8	5	4	4
Depreciation	92	98	36	43	49	59	67	69
Profit before Tax	20	64	208	259	325	438	464	468
Tax %	69.99%	204.51%	26.30%	24.35%	24.52%	25.71%	25.41%	25.22%
Net Profit	6	-67	153	196	245	326	346	350
EPS	0.37	-4.46	9.64	11.55	14.35	18.92	20.07	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	40.06%	39.64%	59.79%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 20%
3 Years:: 18%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 21%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: 24%
1 Year:: -19%

RETURN ON EQUITY

10 Years:: —
5 Years:: 26%
3 Years:: 25%
Last Year:: 23%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	151	151	168	169	171	172	173
	257	190	466	688	961	1,209	1,444
	403	372	147	155	38	33	29
Trade Payables	20	25	24	25	40	67	68
	99	319	401	452	427	565	682
Total Liabilities	930	1,057	1,205	1,489	1,636	2,047	2,395
	682	621	629	651	714	747	748
Capital Work in Progress	0	0	1	0	0	3	5
	29	110	147	290	225	535	652
	0	0	0	0	144	180	208
Cash & Bank	11	15	31	72	238	150	159
	208	311	398	476	316	432	623
Total Assets	930	1,057	1,205	1,489	1,636	2,047	2,395

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	132	204	305	287	286	393	384
Cash from Investing	98	-107	-125	-214	-172	-330	-246
Cash from Financing	-206	-89	-115	8	-125	-95	-131
	-5	6	16	26	-10	-31	7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	33.06	33.04	32.96	32.91	22.90	22.89	22.87	22.86	22.82
	22.80	24.57	25.35	22.51	27.81	25.53	26.16	26.26	20.73
	21.47	20.61	19.42	20.37	23.71	24.81	24.88	25.22	27.31
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	22.67	21.74	22.21	24.15	25.58	26.77	26.11	25.66	29.15

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-10

Updates

2026-09-10 - KFINTECH: KFin Technologies Limited has informed the Exchange regarding 'Intimation of Schedule of Analyst / Institutional Investors Meet'.

2026-09-03

General Updates

2026-09-03 - KFINTECH: KFin Technologies Limited has informed the Exchange about Intimation of Environmental, Social, and Governance (ESG) Rating for the Financial Year 2025-26.

2026-09-02

Updates

2026-09-02 - KFINTECH: KFin Technologies Limited has informed the Exchange regarding 'Intimation of Schedule of Analyst / Institutional Investors Meet'.

2026-09-02

Press Release

2026-09-02 - KFINTECH: KFin Technologies Limited has informed the Exchange regarding a press release dated September 02, 2026, titled "KFintech Redefines Mutual Funds Transacting Architecture with AI: Unveils ARYA, Conversational Intelligence & Investor Servicing Platform".

2026-09-01

Change in Management

2026-09-01 - KFINTECH: KFin Technologies Limited has informed the Exchange about enhancement of role and extension of employment of Senior Management Personnel.

2026-09-01

General Updates

2026-09-01 - KFin Technologies Limited has informed the Exchange about Incorporation of a step-down subsidiary in Philippines

2026-09-01

Amalgamation/Merger

2026-09-01 - KFINTECH: KFin Technologies Limited has informed the Exchange that Board of Directors of the Company at their meeting held today have approved the Composite Scheme of Amalgamation.

2026-09-01

Resignation of Director/KMP/SMP

2026-09-01 - Kfin Technologies Limited has informed the Exchange about Resignation of Director/KMP/SMP

2026-08-31

Resignation

2026-08-31 - KFINTECH: KFin Technologies Limited has informed the Exchange regarding Resignation of a Senior Management Personnel

News

Recent coverage and analyst commentary for KFINTECH

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AI Stock Analyst

KFin Technologies Ltd.

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Free 5nance Account

Name

CDSL

1368.60

60.69

28603.74

0.93

117.67

14.91

292.76

13.12

32.75

47.19

CAMS

715.75

35.93

17780.55

1.75

127.09

17.64

395.03

11.54

52.08

46.20

KFINTECH

909.85

46.04

15728.77

1.32

75.21

-2.64

356.54

30.09

30.70

34.14

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

176

200

211

224

230

269

282

274

264

297

313

284

287

105

107

115

126

132

146

152

158

155

167

166

164

190

Operating Profit

123

131

117

110

130

147

120

OPM %

40.23%

46.41%

45.49%

44.02%

42.72%

45.77%

46.24%

42.53%

41.56%

43.88%

46.92%

42.35%

33.72%

-2

Interest

Depreciation

Profit before Tax

115

123

109

103

123

126

112

106

Tax %

27.09%

26.57%

25.72%

19.68%

25.58%

25.78%

25.88%

25.55%

25.92%

26.08%

25.53%

24.07%

25.08%

Net Profit

2.65

3.65

3.86

4.26

3.97

4.97

5.30

4.74

4.42

5.29

5.45

4.93

4.62

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

441

472

625

696

811

1,055

1,159

1,181

283

262

338

403

458

591

652

687

Operating Profit

157

210

287

293

353

465

507

494

OPM %

35.72%

44.42%

45.95%

42.11%

43.52%

44.05%

43.75%

41.85%

Interest

Depreciation

Profit before Tax

208

259

325

438

464

468

Tax %

69.99%

204.51%

26.30%

24.35%

24.52%

25.71%

25.41%

25.22%

Net Profit

-67

153

196

245

326

346

350

EPS

0.37

-4.46

9.64

11.55

14.35

18.92

20.07

—

Dividend Payout %

0.00%

40.06%

39.64%

59.79%

—

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Equity Capital

151

168

169

171

172

173

257

190

466

688

961

1,209

1,444

403

372

147

155

Trade Payables

319

401

452

427

565

682

Total Liabilities

930

1,057

1,205

1,489

1,636

2,047

2,395

682

621

629

651

714

747

748

Capital Work in Progress

110

147

290

225

535

652

144

180

208

Cash & Bank

238

150

159

208

311

398

476

316

432

623

Total Assets

930

1,057

1,205

1,489

1,636

2,047

2,395

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

132

204

305

287

286

393

384

Cash from Investing

-107

-125

-214

-172

-330

-246

Cash from Financing

-206

-89

-115

-125

-95

-131

-5

-10

-31

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

33.06

33.04

32.96

32.91

22.90

22.89

22.87

22.86

22.82

22.80

24.57

25.35

22.51

27.81

25.53

26.16

26.26

20.73

21.47

20.61

19.42

20.37

23.71

24.81

24.88

25.22

27.31

Government

0.00

22.67

21.74

22.21

24.15

25.58

26.77

26.11

25.66

29.15

KFin Technologies Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

KFin Technologies Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI