MarketFriction

KFin Technologies Ltd

NSE KFINTECH · BSE 543720 · Depositories, Clearing Houses and Other Intermediaries
₹832.00 -0.95%
NSE close2026-10-01
52 week range784.95 - 1,215.00
Market cap₹14,490 Cr.
P/E41.4
IPO 2022 · +127% since Results 26-10 Nifty 500Nifty Smallcap 50Nifty Smallcap 100Smallcap 250 No price band Delivery 45.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales209219228238280290283274309371347357
Expenses116121125138154159160160174219219235
Operating Profit9398104100127131122114136152128122
OPM %45%45%45%42%45%45%43%41%44%41%37%34%
Other Income6678119101011-21110
Interest311111111111
Depreciation131315151716171818232727
Profit before tax84899492119122114105127125111103
Tax %27%25%21%26%25%26%26%26%26%27%27%27%
Net Profit616774688990857793928175
EPS in Rs3.613.924.363.975.215.254.944.495.425.334.704.35
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1624504816407208381,0911,3011,384
Expenses97291269352422473612772847
Operating Profit66159212288298364479530537
OPM %40%35%44%45%41%43%44%41%39%
Other Income25561725383030
Interest20535253119555
Depreciation349298374753648696
Profit before tax141968204258327448468466
Tax %35%76%196%27%24%25%26%27%
Net Profit95-65149196246333344342
EPS in Rs0.540.30-4.288.8711.5714.3919.3319.9219.80
Dividend Payout %0%0%0%0%0%40%39%60%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%22%22%23%
Compounded Profit Growth%48%19%3%
Stock Price CAGR%%21%-20%
Return on Equity%24%23%22%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital166151151168169171172173
Reserves3532591964777019701,2361,501
Borrowings435413383160160494755
Other Liabilities68461942222202292961,041
Total Liabilities1,0228689231,0261,2501,4181,7502,770
Fixed Assets7326916306696917648031,773
CWIP0033540372965
Investments112149593229150462239
Other Assets178163196230291467456691
Total Assets1,0228689231,0261,2501,4181,7502,770
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity63101205253223289399370
Cash from Investing Activity-81694-104-115-204-178-329-199
Cash from Financing Activity775-206-89-1157-127-95-134
Net Cash Flow23-11112227-15-2536
Free Cash Flow5894175185154204313259
CFO/OP124%83%98%105%94%97%103%90%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days19872846464666476
Inventory Days
Days Payable
Cash Conversion Cycle19872846464666476
Working Capital Days-1316522-34343149
ROCE %8%15%34%29%30%33%29%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters49.12%39.05%38.97%33.06%33.04%32.96%32.91%22.90%22.89%22.87%22.86%22.82%
FIIs9.22%12.13%16.73%22.80%24.61%25.40%22.56%27.81%25.53%26.16%26.26%20.73%
DIIs22.05%24.64%20.98%21.47%20.61%19.42%20.37%23.71%24.81%24.88%25.22%27.31%
Public19.61%24.18%23.31%22.67%21.74%22.22%24.15%25.59%26.76%26.11%25.66%29.14%
No. of Shareholders66,79989,50991,34898,1261,27,8661,64,6102,27,7562,43,5372,63,6962,55,9392,45,7642,66,471

Fundamentals

Market Cap₹ 14,490 Cr.
Current Price₹ 838
Stock P/E41.4
Book Value₹ 97.0
ROCE29.2 %
ROE21.6 %
Dividend Yield1.43 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)3%
Consolidated figures.
Valuation
Market capRs 14,226 Cr
Enterprise valueRs 14,023 Cr
P/E (TTM)41.64x
Price to book12.47x
Price to sales10.28x
EV / EBITDA24.72x
EV / EBIT29.76x
EV / sales10.13x
Price to cash flow49.18x
Earnings yield2.40%
Dividend yield0.69%
P/E, 3-year average33.44x
P/B, 3-year average7.32x
P/E, 5-year average33.44x
P/B, 5-year average7.32x
Profitability
Operating margin (excl. other income)43.49%
Operating margin (incl. other income)46.44%
EBITDA margin40.98%
Pre-tax margin33.69%
Net profit margin24.69%
Net margin, latest quarter21.09%
ROE24.47%
ROCE30.26%
ROA18.44%
ROE, 3-year average26.77%
ROCE, 3-year average31.04%
ROA, 3-year average16.96%
ROE, 5-year average12.84%
ROCE, 5-year average23.32%
ROA, 5-year average8.83%
ROIC (approx.)37.76%
Tax rate24.84%
Other income / net worth2.16%
Growth
Sales growth (latest year)16.32%
Profit growth (latest year)25.70%
Sales CAGR, 3 years20.29%
Sales CAGR, 5 years38.82%
Profit CAGR, 5 years93.97%
Sales growth QoQ2.65%
Profit growth QoQ-7.32%
Sales growth YoY (latest quarter)30.10%
Profit growth YoY (latest quarter)-2.65%
Per share
EPS (TTM)Rs 19.98
EPS (latest year)Rs 14.39
EPS (latest quarter)Rs 4.40
EPS, 3-year averageRs 11.61
EPS, 5-year averageRs 6.17
Book value per shareRs 66.73
Sales per shareRs 80.94
Cash flow per shareRs 16.92
Free cash flow per shareRs 15.15
Dividend per share (latest year)Rs 5.75
Dividend per share, 3-year averageRs 5.75
Dividend per share, 5-year averageRs 5.75
Dividends
Dividend payout39.96%
Dividend payout, 3-year average39.96%
Dividend payout, 5-year average39.96%
Efficiency
Asset turnover0.59x
Fixed asset turnover1.10x
Debtor days66 days
Debtors turnover5.51x
Cash conversion cycle76 days
Working capital days49 days
Leverage
Total debtRs 49 Cr
Cash and bankRs 252 Cr
Net debtRs -203 Cr
Debt to equity0.04x
Net debt / EBITDA-0.36x
Interest coverage94.82x
Current ratio (filing 2026-03-31)3.28x
Quick ratio (filing 2026-03-31)3.28x
Trade payables (filing 2026-03-31)Rs 78 Cr
Owners' fund to total sources80.45%
Debt to assets3.43%
Cash flow
Cash from Operating Activity (latest year)Rs 289 Cr
Cash from Investing Activity (latest year)Rs -178 Cr
Cash from Financing Activity (latest year)Rs -127 Cr
Net Cash Flow (latest year)Rs -15 Cr
Free cash flow (latest year)Rs 259 Cr
FCFE (approx.: FCF + change in debt)Rs 148 Cr
Cash from ops / profit, 5 years1.21x
Sales to cash flow2.90x
Statement figures
Net sales (TTM)Rs 1,384 Cr
Net sales (latest year)Rs 838 Cr
Sales (latest quarter)Rs 357 Cr
Operating profit excl. other income (latest year)Rs 364 Cr
Operating profit (latest quarter)Rs 122 Cr
Other income (TTM)Rs 30 Cr
EBITDA (TTM)Rs 567 Cr
PBDT (TTM)Rs 562 Cr
Profit before tax (TTM)Rs 466 Cr
Tax (latest year)Rs 81 Cr
Net profit (TTM)Rs 342 Cr
Net profit (latest year)Rs 246 Cr
Net profit (latest quarter)Rs 75 Cr
Depreciation (TTM)Rs 96 Cr
Depreciation (latest quarter)Rs 27 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 46 Cr
Total expenditure (latest year)Rs 473 Cr
Total income (latest year)Rs 862 Cr
Share capitalRs 171 Cr
ReservesRs 970 Cr
Shareholders' fundsRs 1,141 Cr
Total assetsRs 1,418 Cr
Net blockRs 764 Cr
Capital work in progressRs 37 Cr
InvestmentsRs 150 Cr
ReceivablesRs 152 Cr
Other liabilitiesRs 229 Cr
Shares outstanding (crore)17.10
Ownership
Promoter holding22.82% (-0.08 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 41.6 is the lowest in its own 2.4-year history (median 53.5, low 41.6, high 176.9).
P/B 12.47 is at the 4th percentile (median 21.28).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodKFINTECHNifty 50Difference
1 week-7.3%-2.8% -4.6 pts
1 month-11.3%-6.8% -4.5 pts
3 months-5.5%-7.6% +2.2 pts
6 months-5.1%+0.4% -5.5 pts
1 year-21.7%-9.9% -11.8 pts
2 years-23.3%-13.6% -9.7 pts
3 years+77.2%+14.2% +63.1 pts
132 mutual fund schemes hold about ₹4,540 Cr. Over three months 94 bought more and 21 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.46%382 +11%
Mirae Asset Large & Midcap Fund0.72%332 +100%
Kotak Small Cap Fund1.54%303 +40%
HSBC Midcap Fund1.67%287 +100%
HSBC Small Cap Fund1.30%248 +39%
Invesco India Contra Fund1.15%237 +100%
Axis Small Cap Fund0.74%234 +9%
Mirae Asset ELSS Tax Saver Fund0.79%207 +100%
Invesco India Focused Fund3.04%197 +100%
Mirae Asset Midcap Fund0.83%174 +100%
Bandhan Large & Mid Cap Fund0.71%149 +57%
Nippon India Banking & Financial Services Fund1.77%140 +19%
Bandhan Small Cap Fund0.23%79 -3%
UTI Small Cap Fund1.47%77 +12%
Mirae Asset Multicap Fund1.32%74 +10%
Mirae Asset Banking and Financial Services Fund2.91%69 +109%
Kotak Pioneer Fund1.59%68 +100%
Mirae Asset Small Cap Fund1.16%66 -16%
Nippon India Flexi Cap Fund0.63%61 +14%
Nippon India Multi Asset Allocation Fund0.33%59 +4%
DSP Multi Asset Allocation Fund0.52%58 +7%
Motilal Oswal Large Cap Fund1.67%52 +100%
Axis Multicap Fund0.42%46 +2%
Mirae Asset Aggressive Hybrid Fund0.48%46 +15%
Aditya Birla SL Large & Mid Cap Fund0.68%41 +12%

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹357 Cr +30.3% vs Jun 2025. Net profit ₹75 Cr -2.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-15Dividend - Rs 12 Per Share
2025-08-22Dividend - Rs 7.50 Per Share
2024-08-23Dividend - Rs 5.75 Per Share
DateTypeWhat it says
2026-10-01Press ReleaseA press release dated October 01, 2026, titled "KFintech and APMI Launch InPro, an Industry Wide AML Platform for India s PMS Industry".
2026-09-30RetirementRetirement of a Non-Executive Director and Chairperson of the Board of Directors of the Company.
2026-09-21UpdatesIntimation of Schedule of Analyst / Institutional Investors Meet.
2026-09-18General UpdatesIntimation of Environmental, Social, and Governance (ESG) Rating for the Financial Year 2025-26.
2026-09-16Concall / analyst meetSchedule of Analyst / Institutional Investors Meet
2026-09-10UpdatesIntimation of Schedule of Analyst / Institutional Investors Meet.
2026-09-03General UpdatesIntimation of Environmental, Social, and Governance (ESG) Rating for the Financial Year 2025-26.
2026-09-02UpdatesIntimation of Schedule of Analyst / Institutional Investors Meet.
2026-09-02Press ReleaseA press release dated September 02, 2026, titled "KFintech Redefines Mutual Funds Transacting Architecture with AI: Unveils ARYA, Conversational Intel...
2026-09-01Change in ManagementEnhancement of role and extension of employment of Senior Management Personnel.
2026-09-01General UpdatesIncorporation of a step-down subsidiary in Philippines
2026-09-01Amalgamation/MergerBoard of Directors of the Company at their meeting held today have approved the Composite Scheme of Amalgamation.
2026-09-01ResignationResignation of Director/KMP/SMP
2026-08-31ResignationResignation of a Senior Management Personnel
2026-08-21UpdatesIntimation of Schedule of Analyst / Institutional Investors Meet.
2026-08-14General UpdatesIntimation of Environmental, Social, and Governance ( ESG ) Rating for the Financial Year 2025-26
2026-08-12Concall / analyst meetSchedule of of Analyst / Institutional Investors Meet.
2026-08-11Press ReleaseA Press Release dated August 11, 2026, titled "KFinTech Launches Klarity, an enterprise-grade Agentic AI solution to Eliminate Signature Fraud in BFSI...
2026-08-11UpdatesIntimation of Schedule of Analyst / Institutional Investors Meet.
2026-08-11AllotmentAllotment of Equity Shares pursuant to exercise of options by the eligible grantees.
2026-08-10Concall / analyst meetSchedule of Analyst / Institutional Investors Meet.
2026-08-01AppointmentAppointment of a Senior Management Personnel.
2026-07-31Concall / analyst meetTranscript of Earnings Conference Call held on July 27, 2026.
2026-07-31RetirementRetirement of a Senior Management Personnel.
2026-07-27Concall / analyst meetAudio Recording of Earnings Conference Call
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.94
Max pain (expiry 2026-10-27)880
Largest call open interest at900
Largest put open interest at760
Implied volatility, at the money34.7%
Underlying at snapshot832.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30920
2026-09-297,829
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of KFin Technologies Ltd?

KFin Technologies Ltd (KFINTECH) has a market capitalisation of Rs 14,490 Cr. at the 2026-10-01 close.

What is the P/E ratio of KFin Technologies Ltd?

KFin Technologies Ltd trades at a P/E of 41.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were KFin Technologies Ltd's latest quarterly results?

In the Jun 2026 quarter, KFin Technologies Ltd sales was Rs 357 Cr (+30.3% vs Jun 2025) and net profit was Rs 75 Cr.

What is the 52-week high and low of KFin Technologies Ltd?

The 52-week high is Rs 1,215.00 and the 52-week low is Rs 784.95.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03