Slide 1: Exchange filing cover letter
A October 28, 2024 CS&G/STX/DQ2024/14 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 Presen
Slide 2: Strong quarterly performance continues, driven by new client wins
STRONG QUARTERLY PERFORMANCE CONTINUES, DRIVEN BY NEW CLIENT WINS, STRONG GROWTH AND MARGIN EXPANSION Hyderabad, October 28, 2024: KFin Technologies Limited announced its financial results for the quarter and period ended 30th September 2024 today. Financial Highlights – Q2FY25 − Revenue from operat
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 Q2 FY25
KFin Technologies Limited Investor Presentation Q2 FY25 (for the quarter and period ended September 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 Q2 FY25
Slide 7: Company Overview Key Highlights Industry Highlights
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 262 out of 482 Won 164 out of 265 339 Investor Solution provider to AMCs in India; ₹21.4 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 quarterly performance continues, driven by growth in new client wins, revenue and profitability Q2FY25: Revenue growth at 34% y-o-y; EBITDA growth at 35% y-o-y and margins at 45.1%; PAT growth at 46% y-o-y and margins at 31.8% H1FY25: Revenue growth at 33% y-o-y; EBITDA growth
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) +58.9% y-o-y (₹ billion) (in million) +41.0% y-o-y +12.3% q-o-q +14.8% q-o-q 245.1 211 Mutual Fund2 38.4 148 66.3 54.1 30.1 112 99 103.5 76 38.4 40.5 32.1 18.4 20.3 45 13.3 Dec-21 Sep
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) 30% 31% 32% 32.4% KFintech Industry Q2FY24 Q1FY25 Q2FY25 25. 0 27% 35% 30% 20. 0 15. 0 25% 20% 44
Slide 15: Issuer solutions - Maintaining the leadership position
Issuer solutions - Maintaining the leadership position No of corporate clients1 No of investor folios1 ▪ 358 clients added during Q2 +17.3% y-o-y (in million) +30.1% y-o-y +5.7% q-o-q +8.4% q-o-q ▪ 11.5 million folios added during Q2 ▪ New RTA mandates during the quarter include NTPC Green Energy, H
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 51 66 Fund 34 50 Administration Canada (1) H1FY24 H1FY25 Middle East (1) Gift City (26) 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 +21.2% y-o-y AAUM1 +55.1% y-o-y Alternates & Wealth KFintech1 +7.6% q-o-q (₹ billion) +12.5% q-o-q ▪ Total no of funds1 at 526, market share2 at 37.5% 526 1,310 ▪ Won 37 new AIF funds including from ASK Investment,
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 Q2FY25 % Change H1FY25 % Change 34.2% y-o-y Revenue from Operations 2,804.7 5,180.4 32.7% y-o-y 18.1% q-o-q 35.1% y-o-y EBITDA 1,265.4 2,262.0 37.8% y-o-y 27.0% q-o-q 29 bps y-o-y EBITDA Margin (%) 45.1% 43.7% 164 bps y-o-y 316 bps q-o-q 45.5% y-o-y PAT 893.2 1,573.
Slide 20: Quarterly Financial Trend
Quarterly Financial Trend Revenue from Operations EBITDA & Margin PAT & Margin 34.2% Y-o-Y 35.1% Y-o-Y 45.5% Y-o-Y 44.8% 44.8% 45.8% 45.1% 32.6% 31.8% 2,805 42.0% 29.4% 30.6% 28.7% 2,283 2,376 893 2,090 2,187 745 668 681 614 1,265 979 1,046 997 937 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q2FY24 Q3FY24 Q4
Slide 21: Yearly Financial Trend
Yearly Financial Trend Revenue from Operations EBITDA & Margin PAT & Margin 32.7% Y-o-Y 37.8% Y-o-Y 50.3% Y-o-Y 8,375 45.0% 43.8% 41.4% 42.0% 43.7% 29.4% 30.4% 7,200 27.2% 26.8% 6,395 23.2% 5,180 3,905 3,666 2,460 2,879 2,980 1,957 2,262 1,485 1,574 1,641 1,048 FY22 FY23 FY24 H1FY24 H1FY25 FY22 FY23
Slide 22: Consolidated Financial Summary
Consolidated Financial Summary Particulars Q2FY25 Q1FY25 Q-o-Q Q2FY24 Y-o-Y H1FY25 H1FY24 Y-o-Y FY24 Revenue Domestic Mutual Fund Investor Solutions 1,963.3 1,717.8 14.3% 1,408.6 39.4% 3,681.1 2,688.9 36.9% 5,769.5 Issuer Solutions 367.4 243.1 51.1% 291.2 26.2% 610.6 491.1 24.3% 1,104.9 Internationa
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 22+ years of experience Sreekanth Nadella Vivek Narayan 28+ 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 Vishwanathan Mavila Nair Ex-CMD of Union Bank of India & Ex-Chairman IBA; Director of TransUnion CIBIL (Chairman and Non- Ex-non-executive chairman of SWIFT India Domestic Services Executive Director) 48 years of experience in financial services and advising fintech start up
Slide 26: Shareholding Pattern: as on 30th September 2024
Shareholding Pattern: as on 30th September 2024 Stock information BSE Ticker 543720 Others NSE Symbol KFINTECH 21.7% Face Value (₹) 10.00 No. of shares outstanding 17,14,07,198 Free Float 9,11,17,915 Depositories, Clearing Houses and Other Industry FPIs Intermediaries 24.6% Promoters (General Atlant
Slide 27: Appendix
Appendix LL: O: Li: Z: LL: &
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 Q2 FY25
Slide 31: Fact Sheet Q2FY25 & H1FY25
Fact Sheet Q2FY25 & H1FY25 2Q Q2FY25 ₹ 2,804.7 million ₹ 5.16 ₹ 1,265.4 million ₹ 893.2 million Revenue EPS EBITDA PAT +34.2% Y-o-Y +44.3% Y-o-Y Margin at 45.1% Margin at 31.8% +18.1% Q-o-Q +31.1% Q-o-Q H1FY25 ₹ 5,180.4 million ₹ 2,262.0 million ₹ 1,573.9 million ₹ 9.11 Revenue EBITDA PAT EPS +32.7%
Slide 32: Domestic Mutual Fund Investor Solutions; Issuer Solutions
Domestic Mutual Fund Investor Solutions Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 SIP book AAUM market share 32.0% 31.8% 31.5% 32.0% 31.5% (last quarter of the period) SIP live folios (million) 42.5 39.1 30.8 42.5 30.8 (end of the period) No of Transactions (million) 125.2 109.4 81.6 234.6 156.1 (for the p
Slide 33: International and Other Investor Solutions: Pension Services
International and Other Investor Solutions: Pension Services Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 No of Subscribers 13,74,047 12,63,644 10,43,874 13,74,047 10,43,874 Market share - on subscribers' base 8.9% 8.4% 7.7% 8.9% 7.7% (end of period) Number of Corporates clients 2,695.0 2,481.0 2,177.0 2,695.
Slide 34: Consolidated Income Statement
Consolidated Income Statement (₹ million) Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Domestic Mutual Fund Investor 1,963.3 1,717.8 1,408.6 3,681.1 2,688.9 Solutions Issuer Solutions 367.4 243.1 291.2 610.6 491.1 International & Other Investor 321.5 271.9 223.3 593.4 396.9 Solutions Global Business Services
Slide 35: Limited Review Report (consolidated)
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 36: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited 6 KFin Global Technologies (IFSC) Limited India Subsidiary 7 WebileApps (India) Private Limited India Subsidiary 8 WebileApps Technology Services Private Limited India Subsidiary 9 Fintech Products and Solutions (India) Private
Slide 37: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited 7. We did not review the financial information of 6 subsidiaries included in the Statement, whose financial information reflects total assets (before consolidation adjustments) of INR 531.09 million as at 30 September 2024 and
Slide 38: 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 financial results for the quarter and half-year ended
Slide 39: Segment information: Consolidated
Segment information: (t. in millions) Consolidated SL Quarter ended Half-year ended For the year ended Particulars No. September 30, 2024 June 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 March 31, 2024 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Segm
Slide 40: Notes to consolidated 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 41: Statement of unaudited standalone and consolidated balance sheet
KFin Technologies Limited CIN: L 72400TG2017PLC117649 Registered office address: Selenium, Tower B, Plot No- 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi, Telangana - 500032 Statement of unaudited standalone and consolidated balance sheet (a!'. in millions) Stand
Slide 42: Statement of cash flows
KFin Tedmologies Limited CIN: L 72400TG2017PLC117649 Registered office addl"Hs: Selenium, Tower B, PlotNo-31 & 32, Financial District, Nanakram.guda, Serilingampally, Hyderabad, Rangareddi, Telangana - 500032 Statement of unaudited standalone and consolidated s1atement of cash nows ({ inntillions) S
Slide 43: Limited Review Report (standalone)
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 44: Limited Review Report (Continued)
B S R and Co Limited Review Report (Continued) KFin Technologies Limited 2024 in the statement of unaudited standalone financial results related to potential claims by the Client (including dividends on such shares for the earlier periods). Pending the final settlement of terms to be agreed with the
Slide 45: Statement of unaudited standalone financial results
KFin Technologies Limited CIN: L72400TG2017PLC117649 Registered office address: Selenium, Tower B, Plot No- 31 & 32, Financial District, Naoakramguda, Serilingampally, Hyderabad, Rangareddi, Telangana - 500032 Statement of unaudited standalone financial results for the quarter and half-year ended Se
Slide 46: Notes to standalone 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