Conference Call with KFIN Technologies Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Financial Services company KFIN Technologies announced Q1FY26 results Q1FY26 Financial Highlights: Revenue from operations stood at Rs 2,740.6 million, up 15.4% YoY; Core revenue growth at 19.4% YoY. Core International and other investor solutions revenue up by 29.3% YoY; VAS revenue up by 39.6% YoY. EBITDA stood at Rs 1,138.6 million, up 14.2% YoY, EBITDA margin at 41.5%. PAT at Rs 772.6 million, up 13.5% YoY, PAT margin at 28.2%. Diluted EPS stood at Rs 4.45, up 13.0% YoY. Cash and cash equivalents at Rs 7,500.0 million as on June 30, 2025. Business Highlights: Overall AAUM growth at 23.0% YoY vs. 22.3% for the industry, market share at 32.5%. Equity AAUM growth at 21.7% YoY vs. 23.1% for the industry, market share at 33.0%. Won an RTA deal from three new AMCs – Abakkus Asset Managers, Marcellus Investment Managers, and Wealth Company Asset Management (Pantomath); Won a deal for development of digital assets from an AMC client; Won five maiden clients under our newly launched KRA business. Added 880 new corporate clients under the issuer solutions business; Market share in NSE500 companies at 50.8%. New RTA mandates won during the quarter includes Canara HSBC Life Insurance Company Limited, ICICI Prudential Asset Management Company Limited, Meesho Limited, Pine Labs Limited, Prestige Hospitality Ventures Limited. Number of international clients increased to 824 ; Overall AAUM grew 33.5% YoY to Rs 0.9 trillion; Won a full-service FA & TA deal from an existing AMC client in Malaysia; Won an LOI for full-service FA mandate from a corporate treasury desk in Malaysia; Won maiden deal for mPowerWealth platform from a large AMC in Philippines; Onboarded five funds in Gift City in Q1FY26, total number of funds increased to 35. No of alternate funds at 592 ; Market share at 37.0%; AAUM grew 38.1% YoY to Rs 1.6 trillion ; Won 23 new AIF funds including from Tata AMC, Multiples; Won deals for mPower Order Management System from two AMCs, including an AMC where KFintech is not an RTA; Won fund administration platform deal from a large private life insurance company. NPS subscriber base grew to 1.67 million, up by 32.2% YoY vs. 12.7% YoY growth for the industry; Market share in overall subscribers’ base at 9.9% as on June 30, 2025, up from 8.4% as on June 30, 2024. Sreekanth Nadella, Managing Director and CEO, KFin Technologies, said: "It has been an eventful quarter for KFintech with several initiatives coming to fruition in this Quarter. We delivered a strong quarterly performance amidst global uncertainty and positioned ourselves for stronger growth during the rest of fiscal. Our mature lines of businesses - domestic mutual funds and issuer solutions continue to grow in line with industry growth even as our new business lines of future - global fund administration business, AIF and wealth, pension, and digital mobility solutions continue to grow at a faster pace with revenue growth of 29% YoY. As we await regulatory approvals to complete the integration with Ascent Fund Services, we are happy to share that the organization continues to grow at a CAGR of over 35%. This is a critical development in our sojourn to be a formidable global fund administrator. KFintech has incubated its second “Centre of Excellence” at Vijaywada, Andhra Pradesh, will be designed to build cloud-native enterprise mobility solutions, embedded with AI and advanced analytics, redefining industry landscape. Furthermore, we have launched best in class KRA solutions with embedded AI technology which saw us winning clients in quick succession of launch and is set to transform the customer onboarding solutions. Winning global mandate for our recently launched wealth platform “mPowerWealth” is a testimony to our capability to build innovative solutions with global purpose, participating in a fastgrowing global wealth management platform business. To empower our mutual fund partners, we launched “IRIS”, a first of its kind multi-asset platform tailored for forward-looking financial intermediaries, and “Swiftflow”, a next-generation payment orchestration platform for Indian and global enterprises. At KFintech, we believe in continuous transformation and as we move forward, we remain steadfast to execute our strategy sustainably and stay ahead of the evolving trends by driving growth and profitability in a responsible manner." Result PDF
Conference Call with KFIN Technologies Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.