Kfin Technologies Limited · NSE:KFINTECH

Kfin Technologies — Q2 FY26 Earnings Presentation

48 slides from Kfin Technologies's earnings presentation, Oct 27, 2025

  1. Slide 1: Exchange intimation letter: Investor Presentation and Factsheet

    Tel. No: +91 22 4962 0337 Email ID: compliance.corp@kfintech.com Website: https://www.kfintech.com October 27, 2025 CS&G/STX/DQ2025/14 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, M

  2. Slide 2: Robust performance amidst volatile market and global uncertainty

    ROBUST PERFORMANCE AMIDST VOLATILE MARKET AND GLOBAL UNCERTAINTY Mumbai, October 27, 2025: KFin Technologies Limited announced its financial results for the quarter and period ended 30th September 2025 today. Financial Highlights – Q2FY26 − Revenue from operations stood at ₹ 3,092.3 million, up 10.3

  3. 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

  4. Slide 4: KFin Technologies Limited Q2 & H1 FY26

    KFin Technologies Limited Investor Presentation Q2 & H1 FY26 (for the quarter and period ended September 30, 2025) - KFINT~CJ:i EXPERIENCE TR

  5. 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

  6. Slide 6: Today's Presenters

    Today’s Presenters Venkata Satya Naga Sreekanth Nadella Vivek Narayan Mathur Amit Murarka Managing Director and Chief Financial Chief Financial Officer - Chief Executive Officer Officer International Business, Head Investor Relations and M&A 3 KFin Technologies Limited, Investor Presentation Q2 FY26

  7. Slide 7: Agenda: Company Overview

    1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding KFINTECH EXPERIENCE TRANSFORMATION

  8. 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 292 out of 542 Won 214 out of 345 359 Investor Solution provider to AMCs in India; ₹25.0 tn AAUM3 Last new AMCs launched in

  9. Slide 9: Company Overview

    1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding KFINTECH EXPERIENCE TRANSFORMATION

  10. Slide 10: Key Highlights

    Key Highlights A. Robust Performance Amidst Volatile Market and Global Uncertainty; Strategic Acquisition of 51% Stake in Ascent Fund Services to Accelerate Global Expansion Q2FY26: Revenue growth at 10% y-o-y; EBITDA growth at 7% y-o-y and margins at 43.9%; PAT growth at 5% y-o-y and margins at 30.

  11. Slide 11: Industry Highlights

    1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding KFINTECH EXPERIENCE TRANSFORMATION

  12. Slide 12: India Performance

    India Performance Overall AAUM1 Equity AAUM 1 Monthly SIP inflows Folios Total Equity SIP (₹ trillion) (₹ trillion) +15.6% y-o-y (₹ billion) (in million) +16.5% y-o-y +6.9% q-o-q +7.8% q-o-q 293.6 252 77.2 Mutual Fund2 67.4 44.4 175 54.1 38.3 138 129.8 40.5 30.1 97 38.4 93 18.4 20.3 58 Sep-22 Dec-22

  13. Slide 13: Business Highlights

    1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding KFINTECH EXPERIENCE TRANSFORMATION

  14. Slide 14: Domestic Mutual Fund investor solutions

    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) ,, --------------- ..... ... ,--------, \ ...... ...... I I 30. 0 30.3% 31.5% 31.7% 32.4% 32.5% 3

  15. Slide 15: Issuer solutions - Maintaining the leadership position

    Issuer solutions - Maintaining the leadership position No of corporate clients1 No of investor folios1 ▪ 597 clients added during Q2 +41.7% y-o-y (in million) +10.4% y-o-y +6.7% q-o-q +0.3% q-o-q ▪ Appointed as an RTA for Bharat Petroleum Corporation Limited 9,464 164 ▪ New IPO mandates won during t

  16. Slide 16: International investor solutions: Expanding global footprints

    International investor solutions: Expanding global footprints Growing global footprint No of clients1 Solutions No of Contracts 93 RTA 74 66 Fund 53 Administration Canada (1) H1FY25 H1FY26 Middle East (1) Gift City (42) IndiaThailand Hong Kong (1) (1) Philippines • X new clients added • Number of cl

  17. Slide 17: Other investor solutions: Younger & faster growing businesses

    Other investor solutions: Younger & faster growing businesses No of Funds serviced by +22.4% y-o-y AAUM1 +37.4% y-o-y ▪ Total no of funds1 at 644, market share2 at 38.6% Alternates & Wealth KFintech1 +8.8% q-o-q (₹ billion) +11.8% q-o-q ▪ Won 52 new AIF funds including from EAAA India, SageOne, 1,79

  18. Slide 18: Financial Highlights

    1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding KFINTECH EXPERIENCE TRANSFORMATION

  19. Slide 19: Financial Performance

    Financial Performance Particulars Q2FY26 % Change H1FY26 % Change Revenue from Operations* 3,092.3 10.3% y-o-y 12.8% q-o-q •• 5,832.9 12.6% y-o-y • EBITDA** 1,357.1 7.2% y-o-y 19.2% q-o-q •• 2,495.7 10.3% y-o-y • EBITDA Margin (%) 43.9% 123 bps y-o-y 234 bps q-o-q •• 42.8% 88 bps y-o-y • PAT 933.1 4

  20. Slide 20: Quarterly Financial Trend

    Quarterly Financial Trend Revenue from Operations EBITDA & Margin PAT & Margin 55. 00% 40. 0% 10.3% Y-o-Y 7.2% Y-o-Y 50. 00% 4.5% Y-o-Y 3,092 45.12% 45.01% 35. 0% 43.25% 43.9% 31.8% 45. 00% 31.1% 41.5% 30.1% 30.2% 28.2% 30. 0% 40. 00% 2,900 2,805 2,827 35. 00% 25. 0% 2,741 1,306 1,357 1,265 1,223 89

  21. Slide 21: Yearly Financial Trend

    Yearly Financial Trend ; ; .,,,.-- -- ' I I ' \ \ I \ I \ Revenue from Operations EBITDA & Margin I PAT & Margin I 60. 0% ~ 12.6% Y-o-Y ~ 10.3% Y-o-Y 8.4% Y-o-Y 35. 0% 55. 0% 33. 0% 10,908 30.5% 30.4% r·-·-·-·-·-·-·-·- 50. 0% 43.8% 43.9% 29.4% 29.2% 31. 0% 43.7% 42.8% 41.4% 0--- 45. 0% 27.2% 29. 0%

  22. Slide 22: Consolidated Financial Summary

    Consolidated Financial Summary Particulars Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y H1FY26 H1FY25 Y-o-Y FY25 Revenue Domestic Mutual Fund Investor Solutions 2,164.2 2,013.9 7.5% 1,963.3 10.2% 4,178.1 3,681.1 13.5% 7,704.0 Issuer Solutions 416.9 305.1 36.6% 367.4 13.5% 722.0 610.6 18.2% 1,404.0 International

  23. Slide 23: Team & Shareholding

    1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding KFINTECH EXPERIENCE TRANSFORMATION

  24. Slide 24: Leadership Team

    Leadership Team Venkata Satya Naga Sreekanth Nadella  22+ years of experience Managing Director and Chief Executive Officer  Previously served as Managing Director at Accenture Services and Transformation manager at IBM Global Services Vivek Narayan  28+ years of experience Amit Murarka  17+ yea

  25. 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

  26. Slide 26: Shareholding Pattern: as on 30th September 2025

    Shareholding Pattern: as on 30th September 2025 Stock information BSE Ticker 543720 NSE Symbol KFINTECH Promoters, 22.9% Face Value (₹) 10.00 Others, 26.8% No. of shares outstanding 17,21,75,801 Free Float 10,90,86,915 Depositories, Clearing Houses and Other Industry Intermediaries Mutual Funds, Top

  27. Slide 27: Appendix

    Appendix KFINTECH EXPERIENCE TRANSFORMATION

  28. Slide 28: Ascent | KPIs in Numbers

    Ascent | KPIs in Numbers EoP Number of Funds under Administration EoP Assets under Administration # Funds US$ Billion +30% +156% +27% +64% 643 26.2 494 20.7 +51% +21% 302 200 8.1 6.7 FYE-Jul’22 FYE-Jul’23 FYE-Jul’24 FYE-Jul’25 FYE-Jul’22 FYE-Jul’23 FYE-Jul’24 FYE-Jul’25 Revenues EBITDA* US$ Million

  29. Slide 29: Our Journey So Far

    Our Journey So Far ◼ Launch of Issuer ◼ Launch of Alternative ◼ Launch of ◼ General ◼ New CEO appointed ◼ Acquired Hexagram ◼ Selected by Blackrock Solutions and Wealth Pension Services Atlantic buyout ◼ Acquired Sundaram BNP (fund accounting) Aladdin Provider Business Management Business Business P

  30. Slide 30: Our Growth Strategies

    Our Growth Strategies Maintain market leadership by further deepening Attract and retain talent relationship with existing clients 6 1 Building Expand client base and market share Pursue strategic acquisitions 5 blocks of 2 through enhanced sales and marketing growth 4 3 Focused, selective internati

  31. Slide 31: Thank You!

    Thank You! 28 KFin Technologies Limited, Investor Presentation Q2 FY26

  32. Slide 32: Fact Sheet Q2FY26 & H1FY26

    Fact Sheet KFINTECH , . , , . , , ., f , ,. . , , 0 1 w41 , o , Q2FY26 & H1FY26 Q2FY26 ₹ 3,092.3 million ₹ 5.38 ₹ 1,357.1 million ₹ 933.1 million Revenue EPS EBITDA PAT +10.3% Y-o-Y +4.1% Y-o-Y Margin at 43.9% Margin at 30.2% +12.8% Q-o-Q +20.7% Q-o-Q H1FY26 ₹ 5,832.9 million ₹ 2,495.7 million ₹ 1,7

  33. Slide 33: Fact Sheet: Mutual Fund and Issuer Solutions

    Domestic Mutual Fund Investor Solutions Q 2FY26 Q1FY26 Q2FY25 H1FY26 H1FY25 SIP book AAUM market share 32.2% 32.1% 32.0% 32.2% 32.0% (last quarter of the period) SIP live folios (million) 36.7 35.4 42.5 36.7 42.5 (end of the period) No of Transactions (million) 144.7 135.0 125.2 279.7 234.6 (for the

  34. Slide 34: International and Other Investor Solutions: Pension Services

    International and Other Investor Solutions: Pension Services Q2FY26 Q1FY26 Q2FY25 H1FY26 H1FY25 No of Subscribers 17,88,654 16,69,972 13,74,047 17,88,654 13,74,047 Market share - on subscribers' base 10.3% 9.9% 8.9% 10.3% 8.9% (end of period) Number of Corporates clients 4,360.0 3,820.0 2,695.0 4,36

  35. Slide 35: Consolidated Income Statement (₹ million)

    Consolidated Income Statement (₹ million) Q2FY26 Q1FY26 Q2FY25 H1FY26 H1FY25 Domestic Mutual Fund Investor 2,164.2 2,013.9 1,963.3 4,178.1 3,681.1 Solutions Issuer Solutions 416.9 305.1 367.4 722.0 610.6 International & Other Investor 429.7 366.0 401.2 795.7 765.6 Solutions Net Sale of Services 3,01

  36. Slide 36: B S R and Co Limited Review Report

    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

  37. Slide 37: 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 KFin Technologies (Thailand) Limited Thailand

  38. Slide 38: 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 790.92 million as at 30 September 2025 and

  39. Slide 39: Statement of Unaudited Consolidated Financial Results

    KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centriom, 3rd Floor, 57, Lal Bahador Shastri Road, Nav Pada, Koria (West), Mumbai - 400070, Maharashtra Statement of Unaudited consolidated financial results for the quarter and half-year ended September 30, 202

  40. Slide 40: Operating segments

    Operating segments: (~. in millions) Consolidated SI. Quarter ended Half-year ended For the year ended Particulars No. September 30, 2025 June 30, 2025 September 30, 2024 September 30, 2025 September 30, 2024 March 31, 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Segm

  41. Slide 41: 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 and its employee welfare trust (the Company, its subsidiaries and its employee welfare trust together referred to as "the Group") and its

  42. Slide 42: Notes (continued)

    KFin Technologies Limited Notes (continued): 6. The statement of unaudited consolidated financial results include the results of the following: i) Parent: a) KFin Technologies Limited ii) Subsidiaries (including step-down subsidiaries): a) KFin Technologies (Bahrain) W.L.L. b) KFin Technologies (Mal

  43. Slide 43: Statement of Unaudited Standalone and Consolidated Balance Sheet

    KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai- 400070, Maharashtra Statement of Unaudited Standalone and Consolidated Balance Sheet (~. in millions) Standalone Consolidated As

  44. Slide 44: Statement of Cash flows

    KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai- 400070, Maharashtra Statement of Unaudited Standalone and Consolidated Statement of Cash flows (~ in millions) Standalone Consol

  45. Slide 45: 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

  46. Slide 46: Limited Review Report (Continued)

    B S R and Co Limited Review Report (Continued) KFin Technologies Limited 2025 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

  47. Slide 47: Statement of Unaudited standalone financial results

    KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai - 400070, Maharashtra Statement of Unaudited standalone financial results for the quarter and half-year ended September 30, 2025

  48. Slide 48: Notes to standalone results

    KFin Technologies Limited Notes: I. 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

KFin Technologies — Q2 FY26 Earnings Presentation on 6ix