Conference Call with KFIN Technologies Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Financial Services company KFIN Technologies announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from operations stood at Rs 2,827.0 million, up 23.8% YoY. International and other investor solutions revenue up by 16.3% YoY; VAS revenue up by 57.1% YoY. EBITDA stood at Rs 1,222.5 million, up 16.9% YoY, EBITDA margin at 43.2%. PAT at Rs 850.5 million, up 14.2% YoY, PAT margin at 30.1%. Diluted EPS stood at Rs 4.91, up 13.6% YoY. FY25 Financial Highlights: Revenue from operations stood at Rs 10,907.5 million, up 30.2% YoY. International and other investor solutions revenue up 26.2% YoY; VAS revenue up by 53.2% YoY. EBITDA stood at Rs 4,790.0 million, up 30.7% YoY, EBITDA margin at 43.9%. PAT at Rs 3,326.3 million, up 35.2% YoY, PAT margin at 30.5%. Diluted EPS stood at Rs 19.27, up 34.3% YoY. Cash and cash equivalents at Rs 6,595.7 million as on March 31, 2025. Dividend of Rs 7.50 per share proposed and declared by the board, subject to shareholders’ approval. Non-domestic mutual fund revenue share in overall revenue is at 29% in FY25. Business Highlights: Entered into a definitive agreement to acquire controlling 51% stake in Ascent Fund Services (Singapore) Pte. Ltd. to expand global fund administration business with a defined path to 100% ownership over the next five years. Overall AAUM growth at 25.9% YoY vs 24.6% for the industry, market share at 32.4%. Equity AAUM growth at 26.4% YoY vs 27.6% for the industry, market share at 33.3%. Won contracts from two AMCs for development of digital assets and development of interactive SOA respectively. Added 944 new corporate clients and 8 million investor folios under issuer solutions; Market share in NSE500 companies at 49.6%. Number of international clients increased to 76 ; Overall AAUM grew 33.5% YoY to Rs 0.8 trillion; Won a multi-year FA platform deal from a large Trustee , a fully managed FA service deal from an AMC and a full service DTA deal from a financial intermediary in Malaysia; Won a full-service TA deal from an AMC in Philippines. No of alternate funds at 569 ; Market share at 36.8%; AAUM grew 47.2% YoY to Rs 1.5 trillion ; Won 34 new AIF funds; Won two deals for the wealth platform. NPS subscriber base grew to 1.62 million, up by 32.4% YoY vs 12.2% YoY growth for the industry; Market share in overall subscribers’ base at 9.8% as on March 31, 2025, up from 8.3% as on March 31, 2024 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." Result PDF