Slide 1: Exchange filing cover letter
A July 26, 2024 CS&G/STX/SQ2024/13 1) National Stock Exchange of India Limited 2) BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Symbol: KFINTECH Scrip Code: 543720 Sub. : Investor Presentat
Slide 2: Strong performance across segments led by new wins, revenue and profitability growth
STRONG PERFORMANCE ACROSS SEGMENTS LED BY NEW WINS, REVENUE AND PROFITABILITY GROWTH, AND EXPANSION IN MARGINS Mumbai, July 26, 2024: KFin Technologies Limited announced its financial results for the quarter ended 30th June 2024 today. Financial Highlights – Q1FY25 − Revenue from operations stood at
Slide 3: About KFin Technologies Limited
About KFin Technologies Limited (www.kfintech.com/; BSE: 543720; NSE: KFINTECH): KFin Technologies Limited (“KFintech”) is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate is
Slide 4: KFin Technologies Limited Q1 FY25
KFin Technologies Limited Investor Presentation Q1 FY25 (for the quarter ended June 30, 2024)
Slide 5: Safe Harbour Statement
Safe Harbour Statement This presentation may contain certain forward-looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward-lo
Slide 6: Today's Presenters
Today’s Presenters Venkata Satya Naga Sreekanth Nadella Vivek Narayan Mathur Amit Murarka Managing Director and Chief Financial Officer Head of Global Business Finance, Chief Executive Officer M&A, and Investor Relations 3 KFin Technologies Limited, Investor Presentation Q1 FY25
Slide 7: Company Overview
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 8: KFintech: At a Glance
KFintech: At a Glance Scaled platform with integrated FA and RTA capabilities - Strong track record of growth and leadership Investor Solutions – Domestic Mutual Funds Largest 252 out of 472 Won 154 out of 255 319 Investor Solution provider to AMCs in India; ₹19.1 tn AAUM3 Last new AMCs launched in
Slide 9: Key Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 10: Key Highlights
Key Highlights Strong performance across diverse business segments led by new client wins, revenue and profitability growth, and expansion in margins Q1FY25: Revenue growth at 31% y-o-y; EBITDA growth at 42% y-o-y and margins at 42.0%; PAT growth at 57% y-o-y and margins at 28.7% International and o
Slide 11: Industry Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 12: India Performance
India Performance Overall AAUM1 Equity AAUM 1 Monthly SIP inflows Folios Total Equity SIPs (₹ trillion) (₹ trillion) +55.9% y-o-y (₹ billion) (in million) +36.9% y-o-y +8.9% q-o-q +11.3% q-o-q Mutual Fund2 212.6 191 33.5 133 59.0 30.1 54.1 103 91.6 90 38.4 40.5 20.3 70 32.1 18.4 13.3 40 Jun-21 Sep-2
Slide 13: Business Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 14: Domestic Mutual Fund investor solutions: Focus on mid-size, equity-oriented AMCs
Domestic Mutual Fund investor solutions: Focus on mid-size, equity-oriented AMCs, providing significant sustainable advantage Overall AAUM 1 & market share2 AAUM1 Growth AAUM1 Market Share2 (₹ trillion) 25. 0 30% 31% 32% 32% 40% KFintech Industry Q1FY24 Q4FY24 Q1FY25 20. 0 27% 35% 30% 15. 0 25% 20%
Slide 15: Issuer solutions - Maintaining the leadership position
Issuer solutions - Maintaining the leadership position No of corporate clients1 No of investor folios1 ▪ 248 clients added during Q1 +14.5% y-o-y (in million) +24.6% y-o-y +4.1% q-o-q +9.8% q-o-q ▪ 12.2 million folios added during Q1 137 ▪ New RTA mandates during the quarter include ITC Hotels, 124
Slide 16: International investor solutions: Expanding global footprints
International investor solutions: Expanding global footprints Growing global footprint No of clients1 Solutions No of Contracts RTA 45 60 Fund 30 48 Administration Canada (1) Q1FY24 Q1FY25 Middle East (1) Gift City (22) IndiaThailand Hong Kong (1) X new clients added Number of clients (1) • • Malays
Slide 17: Other investor solutions: Younger & faster growing businesses
Other investor solutions: Younger & faster growing businesses No of Funds serviced by +17.5% y-o-y AAUM1 +57.5% y-o-y Alternates & Wealth KFintech1 +3.6% q-o-q (₹ billion) +18.0% q-o-q ▪ Total no of funds1 at 489, market share2 at 36.2% 1,164 ▪ Won 17 new AIF funds including from IKIGAI, EAAA, Inves
Slide 18: Financial Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 19: Financial Performance
Financial Performance Particulars Q1FY25 Q1FY24 % Change Revenue from Operations 2,375.6 1,815.0 30.9% y-o-y EBITDA 996.6 704.3 41.5% y-o-y EBITDA Margin (%) 42.0% 38.8% 315 bps y-o-y PAT 680.7 433.8 56.9% y-o-y PAT Margin (%) 28.7% 23.9% 476 bps y-o-y Cash & Cash Equivalents* 4,519.3 3,197.6 41.3%
Slide 20: Quarterly Financial Trend
Quarterly Financial Trend Revenue from Operations EBITDA & Margin PAT & Margin 30.9% Y-o-Y 41.5% Y-o-Y 56.9% Y-o-Y 32.6% 44.8% 44.8% 45.8% 29.4% 30.6% 2,283 2,376 42.0% 28.7% 2,090 2,187 38.8% 23.9% 745 1,815 668 681 614 1,046 434 937 979 997 704 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1FY24 Q2FY24 Q3FY
Slide 21: Yearly Financial Trend
Yearly Financial Trend Revenue from Operations EBITDA & Margin PAT & Margin 16.3 Y-o-Y 23.0 Y-o-Y 25.7% Y-o-Y 44.1% 45.0% 43.8% 8,375 41.4% 29.4% 23.2% 27.2% 7,200 35.3% 23.8% 6,395 4,499 4,811 15.9% 3,666 2,460 2,879 2,980 1,957 2,124 1,485 1,586 1,143 716 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY
Slide 22: Consolidated Financial Summary
Consolidated Financial Summary Particulars Q1FY25 Q4FY24 Q-o-Q Q1FY24 Y-o-Y FY24 Revenue Domestic Mutual Fund Investor Solutions 1,717.8 1,590.1 8.0% 1,280.3 34.2% 5,769.5 Issuer Solutions 243.1 286.8 -15.2% 199.8 21.7% 1,104.9 International & Other Investor Solutions 271.9 271.3 0.2% 173.6 56.6% 88
Slide 23: Team & Shareholding
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 24: Leadership Team
Leadership Team Venkata Satya Naga 20+ years of experience Sreekanth Nadella Vivek Narayan 26+ years of experience Previously served as Managing Director at Managing Director Mathur Previously worked at Bharti BT Internet, American Accenture Services and Transformation manager at and Chief E
Slide 25: Board of Directors
Board of Directors Ex-CMD of Union Bank of India & Ex-Chairman IBA; Director of TransUnion CIBIL Chief Executive Officer and Managing Director with Kotak Vishwanathan Jaideep Hansraj Ex-non-executive chairman of SWIFT India Domestic Securities Mavila Nair (Non-Executive Services Over 28 year
Slide 26: Shareholding Pattern: as on 30th June 2024
Shareholding Pattern: as on 30th June 2024 Stock information BSE Ticker 543720 Others 22.7% NSE Symbol KFINTECH Face Value (₹) 10.00 No. of shares outstanding 17,13,19,951 FPIs 22.8% Free Float 9,10,30,666 Promoters (General Atlantic) 33.1% Depositories, Clearing Houses Industry and Other Intermedia
Slide 27: Appendix
Appendix EXPERIENCE TRANSFORMATION
Slide 28: Our Journey So Far
Our Journey So Far ◼ Launch of Issuer ◼ Launch of Alternative and ◼ Launch of Pension ◼ General Atlantic ◼ New CEO appointed ◼ Acquired Solutions Business Wealth Management Services Business buyout Hexagram (fund ◼ Acquired Sundaram BNP Paribas Business accounting) Fund Services RTA1 business ◼ List
Slide 29: Our Growth Strategies
Our Growth Strategies Maintain market leadership by further deepening Attract and retain talent relationship with existing clients 6 1 Expand client base and market share 5 2 Pursue strategic acquisitions through enhanced sales and marketing 4 3 Focused, selective international expansion Investing i
Slide 30: Thank You!
Thank You! 27 KFin Technologies Limited, Investor Presentation Q1 FY25
Slide 31: Fact Sheet Q1FY25
Fact Sheet Q1FY25 Q ₹ 2,375.6 million ₹ 996.6 million ₹ 680.7 million ₹ 3.94 Revenue EBITDA PAT EPS +30.9% Y-o-Y Margin at 42.0% Margin at 28.7% +57.2% Y-o-Y +4.0% Q-o-Q -8.7% Q-o-Q Domestic Mutual Fund Investor Solutions Q1FY25 Q4FY24 Q1FY24 FY24 No of Operating Clients 24.0 24.0 24.0 24.0 AAUM Ser
Slide 32: Fact Sheet: Issuer and International Investor Solutions
Issuer Solutions Q1FY25 Q4FY24 Q1FY24 FY24 No of Clients 6,319.0 6,071.0 5,521.0 6,071.0 No of folios (million) 136.6 124.4 109.6 124.4 (end of the period) No of Tranactions (million) 0.7 0.7 0.7 3.2 (for the period) No of IPOs Handled (Main board) 5.0 8.0 4.0 28.0 (for the period) Main Board IPOs –
Slide 33: Consolidated Income Statement
Consolidated Income Statement (₹ million) Q1FY25 Q4FY24 Q1FY24 FY24 Domestic Mutual Fund Investor Solutions 1,717.8 1,590.1 1,280.3 5,769.5 Issuer Solutions 243.1 286.8 199.8 1,104.9 International & Other Investor Solutions 271.9 271.3 173.6 883.5 Global Business Services 92.4 81.8 96.7 348.3 Net Sa
Slide 34: Limited Review Report on consolidated results
Salarpuria Knowledge City, Orwell B S R and Co B Wing, 6th Floor, Unit-3, Sy No. 83/1 Plot No. 02, Raidurg Chartered Accountants Hyderabad – 500 081, India Telephone + 91 407 182 2000 Fax + 91 407 182 2399 Limited Review Report on unaudited consolidated financial results of KFin Technologies Limited
Slide 35: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited 7 WebileApps (India) Private Limited India Subsidiary 8 WebileApps Technology Services Private Limited India Subsidiary 9 Fintech Products and Solutions (India) Private Limited India Associate 5. Attention is drawn to the fact
Slide 36: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited Certain of these subsidiaries are located outside India whose interim financial information has been prepared in accordance with accounting principles generally accepted in their respective countries and which has been reviewed
Slide 37: Statement of unaudited consolidated financial results
KFin Technologies Limited CIN: L72400TG2017PLC117649 Registered office address: Selenium, Tower B, Plot No- 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi, Telangana - 500032 Statement of unaudited consolidated rmancial results for the quarter ended June 30, 2024 (
Slide 38: Segment information: Consolidated
Segment information: (t. in millions) Consolidated SI. Quarter ended For the year ended Particulars No. June 30, 2024 March 31, 2024 June 30, 2023 March 31, 2024 (Unaudited) (Audited - Refer Note 3) (Unaudited) (Audited) 1 Segment revenue Domestic mutual fuod investor solutions 1,743.30 1,614.08 1,3
Slide 39: Notes to consolidated financial results
KFin Technologies Limited Notes: 1. The above consolidated financial results of KFin Technologies Limited ("the Parent Company"/ "the Company"), its subsidiaries (the Company and its subsidiaries together referred to as "the Group") and its associate have been prepared in accordance with and comply
Slide 40: Limited Review Report on standalone results
Salarpuria Knowledge City, Orwell B S R and Co B Wing, 6th Floor, Unit-3, Sy No. 83/1 Plot No. 02, Raidurg Chartered Accountants Hyderabad – 500 081, India Telephone + 91 407 182 2000 Fax + 91 407 182 2399 Limited Review Report on unaudited standalone financial results of KFin Technologies Limited f
Slide 41: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited of such Redeemable Preference Shares. The dividend received on such shares by the Company in the financial year 2021-22 of INR 4.08 million was also transferred back to the Client. The Company has recognised an amount of INR 79
Slide 42: Statement of unaudited standalone financial results
KFin Technologies Limited CIN: L72400TG2017PLC117649 Registered office address: Selenium, Tower B, Plot No- 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi, Telangana - 500032 Statement of unaudited standalone financial results for the quarter ended June 30, 2024 (t
Slide 43: Notes to standalone financial results
KFin Technologies Limited Notes: 1. The above standalone financial results ofKFin Technologies Limited ("the Company") have been prepared in accordance with and comply in all material aspects with the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 ("the Ac