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 ₹ 17,611 Cr.
- Current Price ₹ 1,026
- High / Low ₹ 1,189 / 456
- Stock P/E 59.0
- Book Value ₹ 70.9
- Dividend Yield 0.56 %
- 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 14.5 times its book value
* 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
Part of Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 BSE Allcap BSE Financial Services Nifty 500
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 | 965 | |
97 | 291 | 269 | 352 | 422 | 473 | 538 | |
Operating Profit | 66 | 159 | 212 | 288 | 298 | 364 | 427 |
OPM % | 40% | 35% | 44% | 45% | 41% | 43% | 44% |
2 | 5 | 5 | 6 | 17 | 25 | 32 | |
Interest | 20 | 53 | 52 | 53 | 11 | 9 | 5 |
Depreciation | 34 | 92 | 98 | 37 | 47 | 53 | 59 |
Profit before tax | 14 | 19 | 68 | 204 | 258 | 327 | 395 |
Tax % | 35% | 76% | 196% | 27% | 24% | 25% | |
9 | 5 | -65 | 149 | 196 | 246 | 299 | |
EPS in Rs | 0.54 | 0.30 | -4.28 | 8.87 | 11.57 | 14.39 | 17.46 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 40% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 39% |
3 Years: | 20% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 94% |
3 Years: | 80% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 98% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 166 | 151 | 151 | 168 | 169 | 171 | 171 |
Reserves | 353 | 259 | 196 | 477 | 701 | 970 | 1,044 |
435 | 413 | 383 | 160 | 160 | 49 | 47 | |
68 | 46 | 194 | 222 | 220 | 229 | 268 | |
Total Liabilities | 1,022 | 868 | 923 | 1,026 | 1,250 | 1,418 | 1,530 |
732 | 691 | 630 | 669 | 691 | 764 | 805 | |
CWIP | 0 | 0 | 3 | 35 | 40 | 37 | 6 |
Investments | 112 | 14 | 95 | 93 | 229 | 150 | 182 |
178 | 163 | 196 | 230 | 291 | 467 | 538 | |
Total Assets | 1,022 | 868 | 923 | 1,026 | 1,250 | 1,418 | 1,530 |
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 | 39 |
ROCE % | 8% | 15% | 34% | 29% | 30% |
Documents
Announcements
- Intimation Of Schedule Of Analyst / Institutional Investors' Meet 1d
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Kfin Technologies Limited Joins Blackrock'S Aladdin Provider Community
13 Nov - KFin Technologies joins BlackRock’s Aladdin Provider community.
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Updates On Incorporation Of A Subsidiary Of The Company In The Kingdom Of Thailand
12 Nov - KFin Technologies incorporated a subsidiary in Thailand.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Nov - CAMS and KFintech form joint venture for MF Central.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Nov
Concalls
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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 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.