KFINTECHFinancial Services

Kfin Technologies Limited

Depositories, Clearing Houses and Other Intermediaries · ISIN INE138Y01010 · BSE 543720 · NSE EQ · FV ₹10
Last price
₹897
+4.09%today
What this company does

Kfin Technologies Limited operates in Depositories, Clearing Houses and Other Intermediaries, part of the Financial Services sector. It booked ₹402 cr of revenue in its latest quarter (Q2 FY27) and kept 25.0% of sales as profit.

In the report:
61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 55–253 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns73

How much profit it earns on the money it employs

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency68

Whether sales and profit have grown, and how steadily

Valuation11

What today's price implies, against our models or its peers

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Strong 25% net margin
✓ Sales up 30% vs last year
✓ Profit up 8% vs last year
✓ No promoter shares pledged
✓ Strong 25% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in KFINTECH?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹897▲ +4.09%
latest close · 2026-11-04
52-wk low ₹78474 sessions so far52-wk high ₹992
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio38.7High
LowAverageHigh
P/B ratio9.54High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity24.7%Strong
WeakFairStrong ▸15%
Return on capital22.4%Strong
WeakFairStrong
Net margin25.0%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Current ratio2.77Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹15,503 cr
Book value
₹94
EPS
₹5.80
latest quarter
Net debt
—
Enterprise value
—
EBITDA
—
EBIT
—
Operating margin
—
Return on assets
14.1%
Earnings yield
2.59%
P/S
9.65
Sales / share
₹93.0
Tax rate
27.7%
Face value
₹10
Shares
17.3 cr
Working capital
₹584 cr
Current assets
₹914 cr
Current liabilities
₹330 cr
Delivery %
43.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹139–₹210, midpoint ₹188

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹402 cr
Other Income₹8 cr
Total Income₹410 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹163 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹28 cr
Other Expenses₹78 cr
Total Expenses₹271 cr
Profit before Tax₹139 cr
Tax Expense₹39 cr
Share of JV / Associates₹-26.3 L
Net Profit₹100 cr
Net margin on total income24.5%
Where the money goes · Q2 FY27
% of total income
Employee benefit expense₹163 cr39.8%
Finance costs₹2 cr0.4%
Depreciation & amortisation₹28 cr6.9%
Other expenses₹78 cr19.0%
Tax expense₹39 cr9.4%
Profit for the period₹100 cr24.5%
Total income ₹410 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue347 cr357 cr402 cr
Total income362 cr367 cr410 cr
Expenses247 cr263 cr271 cr
Profit before tax111 cr104 cr139 cr
Tax30 cr28 cr39 cr
Net profit (owners' share)81 cr75 cr100 cr
Net margin (owners' share, on revenue)23.4%21.1%25.0%
EPS (₹)4.704.365.80
YoY (latest quarter): total income +28.1% · net profit +7.5%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹2,843 cr
Shareholder equity
₹1,624 cr
parent shareholders
Total debt
₹0 cr
Cash
₹62 cr
Cash flow · H1 FY27
Operating
₹233 cr
Investing
₹-30 cr
Financing
₹-209 cr
Peer comparison
Financial Services · by market value (sector-level match)
CompanyPriceMarket capP/E
HDFC Bank Limited₹726₹11.19 L cr13.5
ICICI Bank Limited₹1,425₹10.23 L cr15.6
State Bank of India₹970₹8.96 L cr8.8
Bajaj Finance Limited₹970₹6.04 L cr24.1
Bajaj Finserv Limited₹1,718₹5.52 L cr21.9
Kotak Mahindra Bank Limited₹465₹4.62 L cr20.5
Axis Bank Limited₹1,233₹3.84 L cr12.4
Shriram Finance Limited₹885₹2.08 L cr14.1
BSE Limited₹3,666₹1.50 L cr43.2
Same sector · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.34%
trailing 12 months
Dividend / share (TTM)
₹12
Last dividend
₹12
ex 15 Jul 2026
ActionDetailEx-date
Dividend₹12 / share15 Jul 2026
Dividend₹7.5 / share22 Aug 2025
Dividend₹5.75 / share23 Aug 2024
Who owns it · 2026-09-30
No pledge
Promoter
14.1%
FII / Foreign
20.1%
DII / Domestic
37.5%
Retail / others
28.3%
Promoter stake down 25.0% over the last 12 quarters.
Smart-money activity
Insider trades
SoldGeneral Atlantic Singapore Fund Pte Ltd · Promoters1.00 cr · ₹712.8 cr30 May 24
SoldSrinivas Peddada · Director1.70 L · ₹8.5 cr28 Dec 23
SoldGeneral Atlantic Singapore Fund Pte. Ltd · Promoters1.70 cr · ₹850.8 cr15 Dec 23
Bulk / block deals
short— · NSE57527 Oct 26
short— · NSE5755 Oct 26
short— · NSE92030 Sep 26
Stake changes
SoldGeneral Atlantic Singapore Fund Pte Ltd · promoter→ 13.13% · 1.51 cr20 Aug 26
BoughtMirae Asset Mutual Fund→ 6.11% · 24.95 L20 Aug 26
BoughtWasatch Advisors LP→ 9.23% · 2.21 L20 Jan 26
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 18 Dec 2025
See the official result
1
To appoint Mr. Devang Gheewalla (DIN: 07480378) as a Nominee Director of the Company
Backed by 98% of shareholders other than promotersneeded 50%
7.55 cr votes for, 14.20 L against · 2% of mutual funds and other big investors said no
2
To approve the change in designation of Mr. Alok Chandra Misra (DIN: 01542028) from Non-Executive Nominee Director to Non-Executive Director of the Company and payment of remuneration thereof
Backed by 96% of shareholders other than promotersneeded 75%
7.38 cr votes for, 31.12 L against · 4% of mutual funds and other big investors said no
3
To approve the remuneration payable to Non-Executive Independent Directors of the Company
Backed by 100% of shareholders other than promotersneeded 75%
7.69 cr votes for, 20,083 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 99 named members
owning 14.1% between them · as of 2026-09-30
General Atlantic Singapore Fund Pte. Ltd.13.13%
General Atlantic Singapore KFT Pte. Ltd.0.93%
Absolute Barbeque Private Limitedno shares
Advagen Holding INCno shares
Advagen Pharma Ltd.no shares
Advatech Bio Pharma Ltd.no shares
ASG Hospital Private Limitedno shares
Bright Dimension Pte. Ltd.no shares
Business done with them
FY2026 · 3 of the group
The company paid ₹42 cr to companies in the promoter group last year — about 3.3% of its ₹1,301 cr revenue and received ₹0.1 L back from them.
General Atlantic Singapore Fund Pte Ltd
Other payments to them · Dividends paid
also owns 13.13% of the company
₹41 cr
company paid
General Atlantic Singapore KFT Pte Ltd
Other payments to them · Dividends paid
also owns 0.93% of the company
₹1 cr
company paid
ABSOLUTE BARBEQUE PRIVATE LIMITED
Provided services to them · Fee from service
₹0.1 L
company received

The company also transacted with 16 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.