Financial Services company KFIN Technologies announced 9MFY25 & Q3FY25 results Q3FY25 Fianancial Highlights: Revenue from operations stood at Rs 2,900.2 million, up 32.6% YoY. International and other investor solutions revenue up by 52.6% YoY; VAS revenue up by 61.3% YoY. EBITDA stood at Rs 1,305.5 million, up 33.4% YoY, EBITDA margin at 45.0%. PAT at Rs 901.8 million, up 34.9% YoY, PAT margin at 31.1%. Diluted EPS stood at Rs 5.21, up 34.2% YoY. 9MFY25 Fianancial Highlights: Revenue from operations stood at Rs 8,080.5 million, up 32.6% YoY. International and other investor solutions revenue up by 50.6% YoY; VAS revenue up by 54.0% YoY. EBITDA stood at Rs 3,567.5 million, up 36.2% YoY, EBITDA margin at 44.1%. PAT at Rs 2,475.7 million, up 44.3% YoY, PAT margin at 30.6%. Diluted EPS stood at Rs 14.34, up 43.4% YoY. Cash and cash equivalents at Rs 5,706.9 million as on December 31, 2024 Sreekanth Nadella, Managing Director and CEO, KFin Technologies, said: “Our focus on consistent growth and profitability has led to yet another quarter of resilient performance, aided by new client wins internationally and domestically, across our diversified business segments. This is a milestone quarter for KFintech, as we took a giant step in our international journey by joining as the ninth global partner to BlackRock’s Aladdin Provider network, a growing community of the world’s largest asset servicers. This will enable us to strengthen our differentiated fund administration and accounting services to global large asset managers. Our thrust will continue to design world class innovative solutions for our clients and deliver service excellence, leveraging unconventional technology stack and focused business development efforts. As we look forward, we will continue to drive growth, diversification, and market leadership across our businesses." Result PDF
Financial Services company KFIN Technologies announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from operations stood at Rs 2,804.7 million, up 34.2% YoY. International and other investor solutions revenue up by 44.0% YoY; VAS revenue up by 45.8% YoY. EBITDA stood at Rs 1,265.4 million, up 35.1% YoY, EBITDA margin at 45.1%. PAT at Rs 893.2 million, up 45.5% YoY, PAT margin at 31.8%. Diluted EPS stood at Rs 5.16, up 44.3% YoY. H1FY25 Financial Highlights: Revenue from operations stood at Rs 5,180.4 million, up 32.7% YoY. International and other investor solutions revenue up by 49.5% YoY; VAS revenue up by 49.8% YoY. EBITDA stood at Rs 2,262.0 million, up 37.8% YoY, EBITDA margin at 43.7%. PAT at Rs 1,573.9 million, up 50.3% YoY, PAT margin at 30.4%. Diluted EPS stood at Rs 9.11, up 49.2% YoY. Cash and cash equivalents at Rs 4,239.1 million as on Q2FY25. Sreekanth Nadella, Managing Director and CEO, KFin Technologies said: “We are pleased to report yet another robust quarterly performance backed by structural growth across our diversified business segments. KFintech continues to witness strong business momentum in terms of new client wins, growth in revenue and profitability, expansion in margins, and accumulation of free cash flows. Our organic efforts continue to make strides in our fastgrowing global fund administration, alternative, and wealth solutions businesses leading to higher growth. RBI’s inprinciple approval to set up a subsidiary in Thailand will add more strength to our international business expansion plans. We have exciting growth times ahead of us with a strong deal pipeline and product readiness backed by innovative technology solutions with strong domain expertise." Result PDF
Financial Services company KFIN Technologies announced Q1FY25 results: Financial Highlights: Revenue from operations stood at Rs 2,375.6 million, up 30.9% YoY International and other investor solutions revenue up by 56.6% YoY; VAS revenue up by 49.6% YoY EBITDA stood at Rs 996.6 million, up 41.5% YoY, EBITDA margin at 42.0% PAT at Rs 680.7 million, up 56.9% YoY, PAT margin at 28.7% Diluted EPS stood at Rs 3.94, up 57.2% YoY Cash and cash equivalents at Rs 4,519.3 million as on June 30, 2024 Operations Highlights: Overall AAUM growth at 41.3% YoY vs. 36.9% for the industry, market share at 32.3% Equity AAUM growth at 51.5% YoY vs. 55.9% for the industry, market share at 33.4% Won a data lake deal from one of the largest AMCs; Won contracts from two AMC clients and AMFI for development of digital assets; Won a mutual fund data services contract from a fintech platform Added 248 new corporate clients and 12.2 million investor folios under issuer solutions; Market share in NSE500 companies at 46.4%; New RTA mandates won during the quarter include ITC Hotels, Hyundai Motor India, Bajaj Housing Finance, BharatPe, Pinelabs, Niva Bupa Health Insurance, Honda Motorcycle and Scooter India Number of international clients increased to 60 Won a fund administration contract from an AMC in Malaysia; Onboarded three new clients in GIFT city including a maiden fund administration contract from a life insurance company No of alternate funds at 489 Market share at 36.2%; AAUM grew 57.5% YoY to Rs 1.2 trillion ; Won 17 new AIF funds including from IKIGAI, EAAA, Invesco, Barings, ASK, Kotak and Northern Arc; Won contracts for wealth analytics data lake and development of digital assets from one of the largest private wealth managers in India NPS subscriber base grew to 1.26 million, up 26.9% YoY vs. 12.0% YoY growth for the industry; Market share in overall subscribers’ base at 8.4% as on June 30, 2024, up from 7.4% as on June 30, 2023 Commenting on the company’s performance, Sreekanth Nadella, Managing Director and CEO, KFin Technologies said, “We are pleased to report a strong start to fiscal year 2025. Throughout the quarter, we achieved significant milestones across our diverse business segments, marked by substantial new client wins, growth, and enhanced profitability. Notably, we gained significant traction in new contract sign ups in the fast-growing business lines of global fund services (international), alternatives and wealth solutions, fund administration solutions, and technology solutions. Our deep domain expertise, combined with tailored product solutions and proactive sales strategies, consistently bolster our market position in India while accelerating our growth in international markets. We stay committed in our pursuit to establish KFintech as a leading global fund administrator. Our strong operational execution, ongoing investment in cutting-edge solutions, and proactive client engagement initiatives underscore our commitment to this goal." Result PDF