Kfin Technologies Limited · NSE:KFINTECH
Kfin Technologies — Q2 FY2027 Earnings Presentation
52 slides from Kfin Technologies's earnings presentation, Oct 26, 2026
Slide 1: Exchange cover letter: Investor Presentation and Factsheet
October 26, 2026 CS&G/STX/DQ2026/08 1) National Stock Exchange of India Limited 2) BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Symbol: KFINTECH Scrip Code: 543720 Sub. : Investor Presenta
Slide 2: Strong performance driven by broad-based revenue growth and margin expansion
STRONG PERFORMANCE DRIVEN BY BROAD-BASED REVENUE GROWTH AND MARGIN EXPANSION Mumbai, October 26, 2026: KFin Technologies Limited announced its financial results for the quarter and half year ended 30th September 2026 today. Financial Highlights – Q2FY27 − Revenue from operations stood at ₹ 4018.0 mi
Slide 3: About KFin Technologies Limited
About KFin Technologies Limited (www.kfintech.com/; BSE: 543720; NSE: KFINTECH): KFin Technologies Limited (“KFintech”) is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate is
Slide 4: KFin Technologies Limited Q2FY27
KFin Technologies Limited Investor Presentation Q2FY27 (for the quarter and period ended September 30, 2026)
Slide 5: Safe Harbour Statement
Safe Harbour Statement This presentation may contain certain forward-looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward-lo
Slide 6: Today's Presenters
Today’s Presenters Venkata Satya Naga Sreekanth Nadella Vivek Narayan Mathur Ram Gattani Managing Director and Whole Time Director & Head - Investor Relations Chief Executive Officer Chief Financial Officer 3 KFin Technologies Limited, Investor Presentation Q2 FY27
Slide 7: Agenda: Company Overview
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 8: KFintech: At a Glance
KFintech: At a Glance Globally scaled platform with integrated FA and RTA capabilities backed by strong track record of growth and leadership Investor Solutions – Domestic Mutual Funds 18 Largest 332 out of 632 Won 254 out of 435 389 Investor Solution provider to AMCs in India; ₹28.8 tn AAUM3 Last n
Slide 9: Agenda: Key Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 10: Key Highlights
Key Highlights Strong Performance Driven by Broad-Based Revenue Growth and Margin Expansion Revenue growth at 29.9% y-o-y; EBITDA growth at 18.7% y-o-y and margins at 40.1%; PAT growth at 7.5% y-o-y and margin of 25.0% Revenue share of non-domestic mutual fund at ~42.1% of the overall mix; VAS reven
Slide 11: Agenda: Industry Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 12: India Performance
India Performance Overall AAUM1 Equity AAUM 1 Monthly SIP inflows Folios (₹ trillion) (₹ trillion) +15.0% y-o-y (₹ billion) (in million) Total Equity SIP +13.1% y-o-y +4.9% q-o-q +6.6% q-o-q Mutual Fund2 286 87.2 324.9 81.6 51.1 191 46.6 157 67.4 160.4 38.3 109 54.1 30.1 107 40.5 20.3 71 Jun-24 Jun-
Slide 13: Agenda: Business Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 14: Domestic Mutual Fund investor solutions
Domestic Mutual Fund investor solutions: Focus on mid-size, equity-oriented AMCs, providing significant sustainable advantage Overall AAUM 1 & market share2 AAUM1 Growth AAUM1 Market Share2 (₹ trillion) 32.4% 32.5% 32.9% KFintech Industry Q2FY26 Q1FY27 Q2FY27 35. 0 34. 0% 30. 0 31.5% 31.7% 33. 0% 32
Slide 15: International investor solutions: Expanding global footprints
International investor solutions: Expanding global footprints… Growing global footprint1 No of clients +453.8% Y-o-Y 0.8% Q-o-Q RTA 84 394 UK Fund Administration 519 Canada (1) (1) 121 93 Jersey Japan USA (5) China (1) H1FY26 H1FY27 (48) Bahrain (2) Saudi Arabia(2) KFIN Ascent Cayman Islands Gift CI
Slide 16: With Well Diversified Portfolio
…with Well Diversified Portfolio Overall AAUM (US$ bn) AAUM by Geography (%) Asset Mix (%) 3% 8% +389.9% y-o-y 2% 1% 1% +4.4% q-o-q 5% 3% 24% 5% 3% 31% 5% 4% 15% 12% 49.6 51.9 20% 19% 19% 20% 10.6 Malaysia Singapore Saudi Arabia Cayman Islands Hedge Fund Public Market Private Equity Digital Asset Ho
Slide 17: Issuer solutions - Maintaining the leadership position
Issuer solutions - Maintaining the leadership position No of corporate clients1 No of investor folios1 +23.8% y-o-y (in million) +11.1% y-o-y +3.9% q-o-q +4.0% q-o-q • Added 437 clients in Q2FY27; Total clients’ base increased to 11,712 • Folios increased by 6.9 million in Q2FY27; Total folios incre
Slide 18: Other investor solutions: Younger & faster growing businesses
Other investor solutions: Younger & faster growing businesses Alternates, Private Wealth & PMS National Pension Scheme No of Funds serviced by AAUM2 No of Subscribers2 & market share4 +41.2% y-o-y +17.3% y-o-y +12.9% y-o-y +8.5% q-o-q KFintech1,2 +3.7% q-o-q (₹ billion) -1.3% q-o-q (in million) 14.
Slide 19: Agenda: Financial Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 20: Financial Performance
Financial Performance Consolidated KFin excl. Ascent Consolidated KFin incl. Ascent Particulars Q2FY27 % Change H1FY27 % Change Q2FY27 % Change H1FY27 % Change Revenue from 10.9% y-o-y 29.9% y-o-y 3,429.1 6,433.3 10.3% y-o-y 4,018.0 7,583.3 30.0% y-o-y Operations 14.1% q-o-q 12.7% q-o-q 15.6% y-o-y
Slide 21: Quarterly Financial Trend
Quarterly Financial Trend Revenue from Operations EBITDA & Margin* PAT & Margin** 29.9% Y-o-Y 18.7% Y-o-Y 7.5% Y-o-Y 35. 0% 50. 0% 43.9% 40.9% 30.2% 30. 0% 40.1% 45. 0% 37.0% 24.8% 25.0% 34.2% 40. 0% 23.4% 21.1% 25. 0% 35. 0% 30. 0% 20. 0% 25. 0% 4,018 3,709 3,473 3,565 20. 0% 15. 0% 3,092 933 920 1
Slide 22: Yearly Financial Trend
Yearly Financial Trend Revenue from Operations EBITDA & Margin* PAT & Margin** 30.0% Y-o-Y 13.4% Y-o-Y 2.9% Y-o-Y 35. 0% 50. 0% 29.4% 30.5% 29.2% 43.8% 43.9% 42.8% 26.4% 30. 0% 40.7% 45. 0% 37.3% 40. 0% 23.2% 25. 0% 35. 0% 20. 0% 30. 0% 25. 0% 13,015 15. 0% 10,908 3,326 3,437 5,297 20. 0% 4,790 8,37
Slide 23: Consolidated Financial Summary excl. Ascent
Consolidated Financial Summary excl. Ascent Particulars Q2FY27 Q1FY27 Q-o-Q Q2FY26 Y-o-Y H1FY27 H1FY26 Y-o-Y FY26 Revenue Domestic Mutual Fund Investor Solutions 2,324.7 2,152.0 8.0% 2,164.2 7.4% 4476.6 4178.1 7.1% 8,527.6 International & Other Investor Solutions 519.3 469.6 10.6% 429.7 20.9% 988.9
Slide 24: Consolidated Financial Summary incl. Ascent
Consolidated Financial Summary incl. Ascent Particulars Q2FY27 Q1FY27 Q-o-Q Q2FY26 Y-o-Y H1FY27 H1FY26 Y-o-Y FY26 Revenue Domestic Mutual Fund Investor Solutions 2,324.7 2,152.0 8.0% 2,164.2 7.4% 4476.6 4178.1 7.1% 8,527.6 International & Other Investor Solutions 1,108.1 1,030.8 7.5% 429.7 157.9% 21
Slide 25: Revenue Break-up
Revenue Break-up Q2FY27 % Q1FY27 % Q2FY26 % H1FY27 % H1FY26 % Domestic Mutual Fund 2,324.7 57.9% 2,152.0 60.4% 2,164.2 70.0% 4,476.6 59.0% 4,178.1 71.6% International Investor Solutions 796.7 19.8% 729.8 20.5% 141.8 4.6% 1,526.5 20.1% 259.4 4.4% Issuer Solution 508.9 12.7% 319.3 9.0% 416.9 13.5% 828
Slide 26: Agenda: Team & Shareholding
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 27: Leadership Team
Leadership Team Venkata Satya Naga Sreekanth Nadella 22+ years of experience Managing Director and Chief Executive Officer Previously served as Managing Director at Accenture Services and Transformation manager at IBM Global Services Amit Murarka Vivek Narayan Mathur 28+ years of experience CF
Slide 28: Board of Directors
Board of Directors Dinesh Khara Ex-Chairman of SBI Bank & ; Managing Director (Associates & Subsidiaries) (Chairman & Independent Director) 40+ years of experience in Banking , Mergers & Amalagamation Founder of Viteos, Ex-CEO of Intertrust, Ex-Chief Strategy Group CFO at Kotak Mahindra Bank
Slide 29: Shareholding Pattern: as on 30th Sept 2026
Shareholding Pattern: as on 30th Sept 2026 Stock information BSE Ticker 543720 NSE Symbol KFINTECH Others Face Value (₹) 10.00 28.3% No. of shares outstanding 172,872,079 Free Float 124,917,931 Promoters Depositories, Clearing Houses and Other (General Atlantic) Industry Intermediaries 14.1% Top Ins
Slide 30: Appendix
Appendix EXPERIENCE TRANSFORMATION
Slide 31: Our Journey So Far
Our Journey So Far ◼ Launch of ◼ New CEO appointed ◼ Acquired Hexagram ◼ Selected by Blackrock ◼ Acquired 2% stake in Pension Services (fund accounting) Aladdin Provider Sahamati Foundation ◼ Launch of Issuer ◼ Launch of Alternative ◼ Acquired Sundaram BNP Business Network as ninth (AA SRO) Solution
Slide 32: Our Growth Strategies
Our Growth Strategies Maintain market leadership by further deepening Attract and retain talent relationship with existing clients 6 1 Expand client base and market share 5 2 Pursue strategic acquisitions through enhanced sales and marketing 4 3 Focused, selective international expansion Investing i
Slide 33: Thank You!
Thank You! 30 KFin Technologies Limited, Investor Presentation Q2 FY27
Slide 34: Fact Sheet Q2FY27 & H1FY27
Fact Sheet Q2FY27 & H1FY27 Q2FY27 ₹ 4,018.0 million ₹ 5.78 ₹ 1,610.3 million ₹ 1003.4 million Revenue EPS EBITDA PAT +29.9% Y-o-Y +7.5% Y-o-Y Margin at 40.1% Margin at 25.0% +12.7% Q-o-Q +33.2% Q-o-Q H1FY27 ₹ 7,583.3 million ₹ 2,830.1 million ₹ 1,755.6 million ₹ 10.12 Revenue EBITDA PAT EPS +30.0% Y
Slide 35: Domestic Mutual Fund and International Investor Solutions
Domestic Mutual Fund Investor Solutions Q2FY27 Q1FY27 Q2FY26 H1FY27 H1FY26 SIP book AAUM market share 32.5% 32.3% 32.2% 32.5% 32.2% (last quarter of the period) SIP live folios (million) 39.3 37.9 36.7 39.3 36.7 (end of the period) No of Transactions (million) 177.0 159.1 144.7 336.1 279.7 (for the
Slide 36: Other Investor Solutions: AIF, Wealth Management and NPS
Other Investor Solutions: AIF and Wealth Management Q2FY27 Q1FY27 Q2FY26 H1FY27 H1FY26 No of funds being handled 756 731 644 756 644 (cumulative) Market share – based on no of funds 37.2% 37.3% 38.6% 37.2% 38.6% (end of period) AAUM (₹ billion) 2,030.9 2,057.8 1,798.8 2,030.9 1,798.8 (end of period)
Slide 37: Consolidated Income Statement (₹ million)
Consolidated Income Statement (₹ million) Q2FY27 Q1FY27 Q2FY26 H1FY27 H1FY26 Domestic Mutual Fund Investor 2,324.7 2,152.0 2,164.2 4,476.6 4,178.1 Solutions Issuer Solutions 508.9 1,030.8 416.9 828.3 722.0 International & Other Investor 1,108.1 319.3 429.7 2,138.9 795.7 Solutions Net Sale of Service
Slide 38: Revenue Break up (₹ million)
Revenue Break up (₹ million) Q2FY27 Q1FY27 Q2FY26 H1FY27 H1FY26 Domestic Mutual Fund 2,324.7 2,152.0 2,164.2 4,476.6 4,178.1 International Investor Solutions 796.7 729.8 141.8 1,526.5 259.4 Issuer Solution 508.9 319.3 416.9 828.3 722.0 Alternates, Private Wealth and PMS 226.1 201.7 197.6 427.8 368.9
Slide 39: Limited Review Report - Consolidated
Salarpuria Knowledge City, Orwell B S R and Co B Wing, 6th Floor, Unit-3, Sy No. 83/1 Plot No. 02, Raidurg Chartered Accountants Hyderabad – 500 081, India Telephone + 91 407 182 2000 Fax + 91 407 182 2399 Limited Review Report on unaudited consolidated financial results of KFin Technologies Limited
Slide 40: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited 6 KFin Global Technologies (IFSC) Limited India Subsidiary 7 WebileApps (India) Private Limited India Subsidiary 8 WebileApps Technology Services Private India Subsidiary Limited 9 KFin Technologies (Thailand) Limited Thailand
Slide 41: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited 27 Ascent Management Consulting Saudi Arabia Subsidiary 28 Ascent Fund Services (DIFC) Ltd. Dubai Subsidiary 29 Ascent Fund Services L.L.C Dubai Subsidiary 30 Ascent Corporate Services Cayman Limited The Cayman Islands Subsidia
Slide 42: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited 7. We did not review the financial information of 25 Subsidiaries included in the Statement, whose financial information reflects total assets (before consolidation adjustments) of INR 11,586.51 million as at 30 September 2026
Slide 43: Statement of unaudited consolidated financial results
KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070, Maharashtra Statement of unaudited consolidated financial results for the quarter and half-year ended September 30, 202
Slide 44: Operating segments: Consolidated
Operating segments: (₹ in millions) Consolidated Sl. Quarter ended Half- year ended For the year ended Particulars No. September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Segm
Slide 45: Notes to consolidated results
KFin Technologies Limited Notes: 1. The above consolidated financial results of KFin Technologies Limited ("the Parent Company"/ "the Company"), its subsidiaries and its employee welfare trust (the Company, its subsidiaries and its employee welfare trust together referred to as "the Group") and its
Slide 46: Notes (continued)
KFin Technologies Limited Notes (continued): 5. The statement of unaudited consolidated financial results include the results of the following: i) Parent: a) KFin Technologies Limited ii) Subsidiaries (including step-down subsidiaries): a) KFin Technologies (Bahrain) W.L.L. b) KFin Technologies (Mal
Slide 47: Standalone and consolidated balance sheet
KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070, Maharashtra Statement of unaudited standalone and consolidated balance sheet (₹. in millions) Standalone Consolidated A
Slide 48: Standalone and consolidated statement of cash flows
KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070, Maharashtra Statement of unaudited standalone and consolidated statement of cash flows (₹. in millions) Standalone Cons
Slide 49: Limited Review Report - Standalone
Salarpuria Knowledge City, Orwell B S R and Co B Wing, 6th Floor, Unit-3, Sy No. 83/1 Plot No. 02, Raidurg Chartered Accountants Hyderabad – 500 081, India Telephone + 91 407 182 2000 Fax + 91 407 182 2399 Limited Review Report on unaudited standalone financial results of KFin Technologies Limited f
Slide 50: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited with the Client, the provision has been measured at management’s best estimate. Upon conclusion of the settlement, the Company intends to initiate proceedings against the concerned parties, including certain minority shareholde
Slide 51: Statement of unaudited standalone financial results
KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070, Maharashtra Statement of unaudited standalone financial results for the quarter and half-year ended September 30, 2026
Slide 52: Notes to standalone results
KFin Technologies Limited Notes: 1. The above standalone financial results of KFin Technologies Limited ("the Company") have been prepared in accordance with and comply in all material aspects with the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 ("the A