Kfin Technologies Ltd

KFin Technologies announced that Prashant Saran (DIN: 08747512) has retired as an Independent Director of the Company with effect from 25 May 2025 consequent to completion of his term of appointment as an Independent Director of the Company. Powered by Capital Market - Live

Revenue from operations increased 23.8% YoY to Rs 282.69 crore in Q4 FY25. Profit before tax (PBT) increased 21.03% to Rs 114.22 crore in Q4 FY25 as compared with Rs 94.37 crore in Q4 FY24. In Q4 FY25, EBITDA stood at Rs 122.25 crore, registering the growth of 16.87% as compared with Rs 104.60 crore in Q4 FY24. EBITDA margin was at 43.2% in Q4 FY25 as against 45.8% in Q4 FY24. In Q4 FY25, revenue from International and other investor solutions jumped 16.3% YoY to Rs 41.18 crore, revenue from issuer solutions rose 34.6% YoY to Rs 42.40 crore and revenue from issuer solutions increased 34.6% YoY to Rs 42.40 crore. On financial year basis, the company's consolidated net profit jumped 35.19% to Rs 332.62 crore in FY25 as compared with Rs 246.04 crore in FY24. Revenue from operations increased 30.23% YoY to Rs 1,090.75 crore in FY25. As of 31st March 2025, cash and cash equivalents stood at Rs 659.57 crore. Sreekanth Nadella, managing director and CEO, KFin Technologies, said, It's been an incredible year for KFintech. Our focus on strong execution continues to deliver all round performance in terms of strong growth in revenue, profitability, and cashflows across our diversified business model. Our businesses in India and Southeast Asia continues to demonstrate strong momentum with new client wins and market share gains. We are excited to have orchestrated our transformational and the largest acquisition of Ascent Fund Services having multi-jurisdiction presence, diversified set of clients, well-experienced team, and strong growth. By combining Ascent's client acquisition capabilities with KFintech's technological expertise and our strategic partnership with BlackRock's Aladdin Provider Network, we are well-positioned to drive growth and market leadership and create long-term value for all stakeholders. Meanwhile, the company's board recommended a final dividend of Rs 7.50 per equity share of face value of Rs 10 each for the financial year 2024-2025. KFin Technologies (KFintech) is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide comprehensive investor solutions including transfer agency, fund administration, fund accounting, data analytics, digital onboarding, transaction origination and processing for alternate investments, mutual funds, unit trusts, insurance investments, and private retirement schemes to global asset managers in Malaysia, Philippines, Singapore, Hong Kong, Thailand and Canada.Powered by Capital Market - Live

Net profit of KFin Technologies rose 14.21% to Rs 85.05 crore in the quarter ended March 2025 as against Rs 74.47 crore during the previous quarter ended March 2024. Sales rose 23.81% to Rs 282.70 crore in the quarter ended March 2025 as against Rs 228.34 crore during the previous quarter ended March 2024. For the full year,net profit rose 35.19% to Rs 332.63 crore in the year ended March 2025 as against Rs 246.05 crore during the previous year ended March 2024. Sales rose 30.23% to Rs 1090.75 crore in the year ended March 2025 as against Rs 837.53 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales282.70228.34 24 1090.75837.53 30 OPM %43.2545.33 -43.9243.48 - PBDT130.97108.99 20 512.04380.40 35 PBT114.2394.37 21 447.59327.38 37 NP85.0574.47 14 332.63246.05 35 Powered by Capital Market - Live

KFin Techs. announced that the Board of Directors of the Company at its meeting held on 28 April 2025, inter alia, have recommended the final dividend of Rs 7.5 per equity Share (i.e. 75%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Over the last three sessions, the stock has rallied 13.64%. While it is down 5.32% over the past three months, it has still delivered a stellar 85% return in the past year. The stock jumped 4.59% on Wednesday (16 April 2025), after the company announced a definitive agreement to acquire a 51% controlling stake in Singapore-based Ascent Fund Services for $34.7 million. The deal sets a pathway for full ownership over the next five years. Post-transaction, KFintech will become Ascent's sole promoter, with the remaining 49% to be acquired in three equal tranches (16.33% each) at the end of FY28, FY29, and FY30. The transaction awaits customary regulatory approvals. Ascent Fund Services, incorporated in August 2019, is a growing fund administrator serving alternative investment funds across 18 countries. The company operates 23 offices in 13 countries and services 576 funds across 260+ asset managers. Ascent Fund reported revenues of $13.32 million in FY24, up from $10.12 million in FY23. The acquisition will require clearances from key financial authorities'including SEBI, PFRDA, RBI, and various international regulators. KFintech expects the first leg of the deal to wrap up in 3'4 months. KFin Technologies is a leading tech-driven financial services platform that supports the capital markets ecosystem in India and abroad. It offers a wide range of investor and issuer solutions'including fund administration, accounting, data analytics, digital onboarding, and transaction processing'across asset classes like mutual funds, insurance, and pensions. Powered by Capital Market - Live

KFin Technologies has entered into a definitive agreement with Ascent Fund Services (Ascent) to acquire controlling stake of 51% for US$ 34.7 million, with a path to 100% ownership over the next five years. Post this transaction, KFintech will become the sole promoter of Ascent, and the residual 49% stake will be acquired in three equal tranches of 16.33% each after the end of fiscal year 2028, 2029, and 2030 respectively. The transaction is subject to customary regulatory approvals. Headquartered in Singapore, Ascent is a fast growing full-suite global fund administrator, having clients across 18 geographies, serving 260 global alternative asset managers managing 576 funds, across all asset-classes, with US$ 24 billion assets under administration. The Company is backed by strong pedigree of founding team and senior management with multiple decades of industry experience, deep operational expertise and proven track record of continuous client acquisition. The acquisition shall expedite KFintech's entry into the fast growing and large market of global fund administration industry having more than US$12 billion annual revenue pool. Ascent will help KFintech to gain an immediate and scaled access to global fund administration market with requisite licenses / permits to render services across multiple international jurisdictions, diversified portfolio of clients, sticky and recurring revenue, and experienced team possessing strong domain expertise. Ascent's client acquisition and service capability backed by KFintech's technology finesse and operational efficiency will enhance the duo's ability to partner with funds throughout a fund lifecycle, and to become a single point provider of global fund services.Powered by Capital Market - Live

Ascent Fund is an independent and one of the fastest growing full-suite global fund administrators, servicing alternative investment funds across 18 countries, with strong domain expertise backed by an experienced management team. Its turnover was $13.32 million in FY24. The company will acquire a 51% stake in Ascent Fund Services (Singapore) Pte. through a subscription of 763,651 shares and the purchase of 4,533,030 shares from existing shareholders, for a total consideration of $34.68 million. The transaction is expected to be completed within 3'4 months. Additionally, the company will acquire the remaining 49% stake in three equal tranches of 16.33% each over the next five years. The said transaction will be completed in stages tentatively between the calendar year 2028 and 2030. Meanwhile, the company's Singapore subsidiary will be incorporated with the name, KFin Singapore Pte. or such other name as may be approved by the applicable regulatory authorities. After incorporation, the Singapore Subsidiary shall acquire Ascent Fund, and through the Ascent Fund and its subsidiaries, it shall be engaged inter alia in the business of providing fund administration, corporate solutions and financial technology solutions services to global alternative investment managers. The Singapore subsidiary will be capitalized in cash for up to $35 million, in order to enable the Singapore Subsidiary to undertake the aforementioned transaction. KFin Technologies (KFintech) is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide comprehensive investor solutions including transfer agency, fund administration, fund accounting, data analytics, digital onboarding, transaction origination and processing for alternate investments, mutual funds, unit trusts, insurance investments, and private retirement schemes to global asset managers in Malaysia, Philippines, Singapore, Hong Kong, Thailand and Canada. The company's consolidated net profit jumped 34.9% to Rs 90.18 crore on 32.6% increase in net sales to Rs 290.02 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

KFin Techs. will hold a meeting of the Board of Directors of the Company on 28 April 2025.Powered by Capital Market - Live

KFin Technologies has allotted 1,37,064 equity shares under ESOP on 10 March 2025. Consequently, the issued, subscribed, and paid-up equity share capital of the Company has increased from Rs. 171,93,84,530/- comprising of 17,19,38,453 equity shares of face value Rs. 10/- each to Rs. 172,07,55,170/- comprising of 17,20,75,517 equity shares of face value Rs. 10/- each.Powered by Capital Market - Live

KFin Technologies has allotted 53,553 equity shares under ESOP on 04 February 2025. Consequently, the issued, subscribed, and paid-up Equity Share capital of the Company has increased from Rs. 171,88,49,000 comprising of 17,18,84,900 equity shares of face value Rs. 10/- each to Rs. 171,93,84,530 comprising of 17,19,38,453 equity shares of face value Rs. 10/- each. Powered by Capital Market - Live