RESILIENT PERFORMANCE AMIDST VOLATILE MARKET, AIDED BY STRONG AND DIVERSIFIED REVENUE GROWTH AND PROFITABILITY

Bengaluru, April 29, 2025: KFin Technologies Limited announced its financial results for the quarter and year ended 31st March 2025 today.

Financial Highlights – Q4FY25

−                     Revenue from operations stood at ₹ 2,827.0 million, up 23.8% y-o-y

−                     International and other investor solutions revenue up by 16.3% y-o-y; VAS revenue up by 57.1% y-o-y

−                     EBITDA stood at ₹ 1,222.5 million, up 16.9% y-o-y, EBITDA margin at 43.2%

−                     PAT at ₹ 850.5 million, up 14.2% y-o-y, PAT margin at 30.1%

−                     Diluted EPS stood at ₹ 4.91, up 13.6% y-o-y

Financial Highlights – FY25

−                     Revenue from operations stood at ₹ 10,907.5 million, up 30.2% y-o-y

−                     International and other investor solutions revenue up 26.2% y-o-y; VAS revenue up by 53.2% y-o-y

−                     EBITDA stood at ₹ 4,790.0 million, up 30.7% y-o-y, EBITDA margin at 43.9%

−                     PAT at ₹ 3,326.3 million, up 35.2% y-o-y, PAT margin at 30.5%

−                     Diluted EPS stood at ₹ 19.27, up 34.3% y-o-y

−                     Cash and cash equivalents at ₹ 6,595.7 million as on March 31, 2025

−                     Dividend of ₹ 7.50 per share proposed and declared by the board, subject to shareholders’ approval

−                     Non-domestic mutual fund revenue share in overall revenue is at 29% in FY25

Business Highlights

−      Entered into a definitive agreement5 to acquire controlling 51% stake in Ascent Fund Services (Singapore) Pte. Ltd. to expand global fund administration business with a defined path to 100% ownership over the next five years

−                     Overall AAUM1 growth at 25.9% y-o-y vs. 24.6% for the industry, market share1 at 32.4%

−                     Equity AAUM1 growth at 26.4% y-o-y vs. 27.6% for the industry, market share1 at 33.3%

−                     Won contracts from two AMCs for development of digital assets and development of interactive SOA respectively

−      Added 9442 new corporate clients and 8 million2 investor folios under issuer solutions; Market share3 in NSE500 companies at 49.6%

−                     Number of international clients increased to 764; Overall AAUM4 grew 33.5% y-o-y to ₹0.8 trillion; Won a multi-year FA

platform deal from a large Trustee5, a fully managed FA service deal from an AMC and a full service DTA deal from a financial intermediary in Malaysia; Won a full-service TA deal from an AMC in Philippines

−                     No of alternate funds at 5694; Market share4 at 36.8%; AAUM grew 47.2% y-o-y to ₹ 1.5 trillion4; Won 34 new AIF funds;

Won two deals for the wealth platform

− NPS subscriber base4 grew to 1.62 million, up by 32.4% y-o-y vs. 12.2% y-o-y growth for the industry; Market share4 in overall subscribers’ base at 9.8% as on March 31, 2025, up from 8.3% as on March 31, 2024

Commenting on the company’s performance, Sreekanth Nadella, Managing Director and CEO, KFin Technologies Limited said, “It’s been an incredible year for KFintech. Our focus on strong execution continues to deliver all round performance in terms of strong growth in revenue, profitability, and cashflows across our diversified business model. Our businesses in India and Southeast Asia continues to demonstrate strong momentum with new client wins and market share gains. We are excited to have orchestrated our transformational and the largest acquisition of Ascent Fund Services having multi-jurisdiction presence, diversified set of clients, well-experienced team, and strong growth. By combining Ascent’s client acquisition capabilities with KFintech’s technological expertise and our strategic partnership with BlackRock’s Aladdin Provider Network, we are well-positioned to drive growth and market leadership and create long-term value for all stakeholders.”

KEY FIGURES                                                                                                                                              ₹ Million

	Q4 FY25	Q3 FY25	Q4 FY24	FY25	FY24
Revenue	2,827.0	2,900.2	2,283.4	10,907.5	8,375.3
EBITDA	1,222.5	1305.5	1,046.0	4,790.0	3,665.9
EBITDA margin %	43.2%	45.0%	45.8%	43.9%	43.8%
Profit After Tax (PAT)	850.5	901.8	744.7	3,326.3	2,460.5
PAT margin %	30.1%	31.1%	32.6%	30.5%	29.4%
Diluted EPS (₹)*	4.91	5.21	4.32	19.27	14.34

*Not annualized

(1) Last quarter average; (2) During the quarter; (3) As on March 31, 2025, based on market capitalization; (4) As on March 31, 2025; (5) During April’25