āagman

Not investment advice. Data and computed figures, for information only.

KFin Technologies Ltd

NSE: KFINTECHF&O
₹894.00
+₹14.50 (+1.65%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹14,562 Cr
CMP
₹894.00
52-wk High / Low
₹1,215 / 785
P/E
41.6
P/B
8.7
Book Value
₹97.0
Div Yield
1.42%
ROCE
29.0%
ROE
21.6%
Face Value
₹10
D/E
0.03

Price−16.6% over 1Y

āagman read

Computed by āagman
Derived from 8 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹209
√(22.5 × EPS × book value per share)
ROIC
18.9%
vs 10.0% sector median
Cash flow to profit
1.08
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−743
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
8.8%
ROE × earnings retention ratio
ROE stability
1.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.04FII −5.53DII +2.09
Latest quarter vs the previous one
Cash-accrual divergence
−1.2%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 30% vs the 2024 sector median of 14.5%)
+FII holding rose by 12.7pp over the last year
Watch-outs
−Price trades below its 200-day moving average (1.0x)
−Promoter holding fell by 26.6pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales182209219228238280290283274309371347357
Expenses112116121125138154159160160174219219235
Operating Profit709398104100127131122114136152128122
OPM %38.5%44.5%44.7%45.6%42.0%45.4%45.2%43.1%41.6%44.0%41.0%36.9%34.2%
Other Income56678119101011−21110
Interest3311111111111
Depreciation12131315151716171818232727
Profit before tax6084899492119122114105127125111103
Net Profit43616774688990857793928175
EPS (₹)2.553.613.924.363.975.215.254.944.495.425.334.704.35

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 8 years + TTM
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1624504816407208381,0911,3011,384
Expenses97291269352422473612772847
Operating Profit66159212288298364479530537
OPM %40.7%35.3%44.1%45.0%41.4%43.4%43.9%40.7%38.8%
Other Income25561725383030
Interest20535253119555
Depreciation349298374753648696
Profit before tax141968204258327448468466
Net Profit95−65149196246333344342
EPS (₹)0.540.30−4.288.8711.5714.3919.3319.9219.80

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital166151151168169171172173—
Reserves3532591964777019701,2361,501—
Borrowings435413383160160494755—
Other Liabilities68461942222202292961,041—
Total Liabilities1,0228689231,0261,2501,4181,7502,770—
Fixed Assets7326916306696917648031,773—
CWIP0033540372965—
Investments112149593229150462239—
Other Assets178163196230291467456691—
Total Assets1,0228689231,0261,2501,4181,7502,770—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity63101205253223289399370
Cash from Investing Activity−81694−104−115−204−178−329−199
Cash from Financing Activity775−206−89−1157−127−95−134
Net Cash Flow23−11112227−15−2536

Ratios

As of 31 Mar 2026
8 periods
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—8.015.034.029.030.033.029.0
ROE %———————21.6
EPS (₹)0.540.30−4.288.8711.5714.3919.3319.92
Book Value (₹)———————97.0
Face Value (₹)———————10
P/E———————41.6
Div Yield %———————1.42
NPM %5.51.1−13.423.126.628.529.525.8
OPM %40.035.044.045.041.043.044.041.0
D/E0.841.011.100.250.180.040.030.03
P/B———————8.7

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+22.0%
3 years+22.0%
TTM+23.0%
Compounded profit growth
5 years+48.0%
3 years+19.0%
TTM+3.0%
Stock price CAGR
3 years+22.0%
Last year−21.0%
Return on equity
5 years24.0%
3 years23.0%
Last year22.0%

Shareholding pattern

As of 30 Sep 2024
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters49.42%49.42%38.97%32.91%22.86%22.82%
FIIs8.04%8.04%16.73%22.56%26.26%20.73%
DIIs23.55%23.55%20.98%20.37%25.22%27.31%
Government——————
Public18.98%18.98%23.31%24.15%25.66%29.14%
No. of shareholders83,84383,84391,3482,27,7562,45,7642,66,471
Change since Jun 2023 (pp)
Promoters −26.60FIIs +12.69DIIs +3.76Public +10.16

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-RetirementBoard Meeting Intimation for Consideration And Approval Of The Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter And Half Year Ending September 30, 2026Closure of Trading Window
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2025Annual Report 2024Annual Report 2023
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 15 Jul 2026
15 Jul 2026DIVIDENDDividend - Rs 12 Per Share—
22 Aug 2025DIVIDENDDividend - Rs 7.50 Per Share—
23 Aug 2024DIVIDENDDividend - Rs 5.75 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman