Slide 1: Exchange filing cover letter
A May 05, 2023 CS&G/STX/JQ2023/14 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 Presentati
Slide 2: KFin Technologies Limited Investor Presentation Q4 & FY22-23
KFin Technologies Limited Investor Presentation Q4 & FY22-23 (for the quarter & year ended March 31, 2023)
Slide 3: 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 4: 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 Q4 FY23
Slide 5: Agenda: Company Overview
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 6: KFintech: At a Glance
KFintech: At a Glance Scaled platform with strong track record of growth and leadership Investor Solutions – Domestic Mutual Funds Largest 262 out of 452 Won 154 out of 225 Over 209 Investor Solution provider to AMCs in India; ₹12.8 tn AAUM3 Last new AMCs launched in India New products launched Indi
Slide 7: Agenda: Key Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 8: Key Highlights
Key Highlights KFintech continues to grow at a faster pace despite volatile market conditions leveraging its diversified business model FY23: Revenue growth at 13% y-o-y; EBITDA margins at 41.4%; PAT margins at 27.2% Q4FY23: Revenue growth at 1.3% y-o-y; EBITDA margins at 45.8%; PAT margins at 31.1%
Slide 9: Partnering with OneMoney Account Aggregator and MoneyOne
Accelerating Digital India’s Growth Journey by Partnering with India’s First and Leading Account Aggregator, OneMoney, and Data Governance solutions provider MoneyOne KFintech acquired 25.63% stake in Fintech Products and Solutions India Private Limited (FPSIPL). FPSIPL is a Technology Service Provi
Slide 10: Acquired WebileApps to Accelerate Digital Transformation
Acquired WebileApps to Accelerate Digital Transformation KFintech acquired 100.0% stake in WebileApps (India) Private Limited, a Hyderabad-based enterprise product development and design company. Founded in 2011, the company specialises in artificial intelligence, machine learning, mobility solution
Slide 11: Agenda: Industry Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 12: India Performance: Mutual Fund and Other Asset Classes
India Performance Overall AAUM1 Equity AAUM 1 Monthly SIP inflows Folios Total Equity SIPs (₹ trillion) (₹ trillion) (₹ billion) (in million) + 5.5% y-o-y + 10.5% y-o-y 146 142.8 + 0.6% q-o-q - 0.2% q-o-q Mutual Fund2 99 83.8 90 40.5 20.3 38.4 18.4 64 64 32.1 31 13.3 27.1 11.2 Mar-21 Mar-20 Sep-20 S
Slide 13: South East Asia: Opportunity Size
South East Asia: Opportunity Size Singapore* Hong Kong Malaysia Philippines Indonesia Thailand 1,108 No of Asset (Registered & 22 Management 56 92 9 80 licensed fund (51 incl. AIFs) Companies managers) Mutual Fund Industry 691 165 218 5 32 172 AUM 13% y-o-y 14% y-o-y 5% y-o-y 43% y-o-y 21% y-o-y 12%
Slide 14: Agenda: Business Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 15: 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) 31% 14. 0 30% 35% 26% 12. 0 27% 30% KFintech Industry Q4FY22 Q3FY23 Q4FY23 10. 0 8.0 25% 7.0% (y-
Slide 16: Issuer solutions - Maintaining the leadership position
Issuer solutions - Maintaining the leadership position No of corporate clients1 No of investor folios1 ▪ 184 clients added during Q4; 593 clients added during FY23 + 12.4% y-o-y (in million) + 7.3% y-o-y + 3.6% q-o-q + 1.3% q-o-q ▪ Client transition wins include Varun Beverages, Devyani 5,363 110 In
Slide 17: International investor solutions: Expanding global footprints
International investor solutions: Expanding global footprints No of clients1 Growing global footprint Solutions No of Clients 41 RTA 32 32 Fund 16 Administration Canada FY22 FY23 Gift City India Hong Kong Thailand • X new clients added • Number of clients Philippines Transaction volume3 during the q
Slide 18: Other investor solutions: Younger & faster growing businesses
Other investor solutions: Younger & faster growing businesses No of Funds serviced by + 53.4% y-o-y AAUM1 + 21.8% y-o-y Alternates & Wealth KFintech1 + 18.1% q-o-q (₹ billion) +4.3% q-o-q ▪ 63 funds added in Q4; 143 funds added during FY23 411 615 ▪ 37.4% market share2 505 268 ▪ 13 funds in GIFT cit
Slide 19: Agenda: Financial Highlights
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 20: Financial Performance
Financial Performance Particulars Q4FY23 % Change FY23 % Change 1.3% y-o-y Revenue from Operations 1,831.3 7,200.3 12.6% y-o-y 2.7% q-o-q 0.1% y-o-y EBITDA 838.3 2,980.4 3.5% y-o-y 3.9% q-o-q EBITDA Margin (%) 45.8% 53 bps y-o-y 41.4% 362 bps y-o-y 12.1% y-o-y PAT 570.2 1,957.4 31.8% y-o-y 6.8% q-o-
Slide 21: Quarterly Financial Trend
Quarterly Financial Trend Revenue from Operations EBITDA & Margin PAT & Margin 1.3% Y-o-Y 31.1% 1,809 1,881 1,831 46.3% 45.8% 1,792 42.9% 28.1% 28.4% 1,695 26.7% 39.7% 570 36.8% 534 509 22.1% 479 374 837 807 838 711 624 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q4FY22 Q1F
Slide 22: Yearly Financial Trend
Yearly Financial Trend Revenue from Operations EBITDA & Margin PAT & Margin 12.6% Y-o-Y 27.2% 7,200 44.1% 45.0% 23.8% 41.4% 23.2% 6,395 35.3% 4,811 15.9% 4,499 2,879 2,980 1,957 2,124 1,485 1,586 1,143 716 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 All figures are in ₹ million *For
Slide 23: Consolidated Financial Summary
Consolidated Financial Summary Particulars Q4FY23 Q3FY23 Q-o-Q Q4FY22 Y-o-Y FY23 FY22 Y-o-Y Revenue Domestic Mutual Fund Investor Solutions 1,235.6 1,263.3 -2.2% 1,249.5 -1.1% 4,861.6 4,514.0 7.7% Issuer Solutions 241.0 274.0 -12.0% 210.8 14.3% 982.6 745.0 31.9% International & Other Investor Soluti
Slide 24: Agenda: Team & Shareholding
1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
Slide 25: Leadership Team
Leadership Team Venkata Satya Naga Sreekanth Nadella 20+ years of experience Managing Director Previously served as Managing Director at Accenture Services and Transformation manager at IBM Global Services and Chief Executive Officer Vivek Narayan 26+ years of experience 19+ years of experie
Slide 26: 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 27: Shareholding Pattern: as on 31st March 2023
Shareholding Pattern: as on 31st March 2023 Stock information BSE Ticker 543720 Others 19.0% NSE Symbol KFINTECH FPIs 8.0% Face Value (₹) 10.00 No. of shares outstanding 16,92,28,699 Banks, Insurance Cos & Other DIIs Free Float 4,26,43,622 16.6% Depositories, Clearing Houses Industry and Other Inter
Slide 28: Appendix
Appendix EXPERIENCE TRANSFORMATION
Slide 29: 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 30: 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 31: Thank You!
Thank You! 30 KFin Technologies Limited, Investor Presentation Q4 FY23
Slide 32: Fact Sheet Q4FY23 & FY23
Fact Sheet Q4FY23 & FY23 Q FY2023 ₹ 7,200.3 million ₹ 2,980.4 million ₹ 1,957.4 million ₹ 11.52 Revenue EBITDA PAT EPS +12.6% Y-o-Y Margin at 41.4% Margin at 27.2% +23.1% Y-o-Y Q4 FY2023 ₹ 3.32 ₹ 1,831.3 million ₹ 838.3 million ₹ 570.2 million EPS Revenue EBITDA PAT +3.6% Y-o-Y +1.3% Y-o-Y Margin at
Slide 33: Domestic Mutual Fund and Issuer Solutions metrics
Domestic Mutual Fund Investor Solutions Q4 FY23 Q3 FY23 Q4 FY22 FY23 FY22 SIP book AAUM market share 31.3% 31.5% 31.2% 31.3% 31.2% (last quarter of the period) SIP live folios (million) 28.2 27.3 22.9 28.2 22.9 (end of the period) No of Transactions (million) 303.1 226.2 275.1 303.1 275.1 (cumulativ
Slide 34: Pension Services
Pension Services Q4 FY23 Q3 FY23 Q4 FY22 FY23 FY22 No of Subscribers 9,56,823.0 8,77,973.0 7,47,576.0 9,56,823.0 7,47,576.0 Market share - on subscribers' base 7.3% 7.0% 6.5% 7.3% 6.5% (end of period) Number of Corporates clients 1985.0 1,854.0 1,396.0 1,985.0 1,396.0 (end of period) AAUM (₹ billion
Slide 35: Consolidated Income Statement (₹ million)
Consolidated Income Statement (₹ million) Q4 FY23 Q3 FY23 Q4 FY22 FY23 FY22 Domestic Mutual Fund Investor 1,235.6 1,263.3 1,249.5 4,861.7 4,514.0 Solutions Issuer Solutions 241.0 274.0 210.8 982.6 745.0 International & Other Investor 183.1 167.8 162.1 652.8 484.6 Solutions Global Business Services 1