Strong Performance Fueled by Broad-Based Revenue Growth and Margin Expansion
BusinessK Puspa27 Oct 2026
Chandigarh, Oct 27: KFin Technologies Limited announced its financial results for the quarter and half year ended 30th September 2026.
Financial Highlights – Q2FY27
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Revenue from operations stood at ₹ 4018.0 million, up 29.9% y-o-y; |
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International and other investor solutions revenue up by 157.9% y-o-y; (20.9% y-o-y excl. Ascent); Ascent Fund Services revenue up by 31.3% y-o-y |
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EBITDA stood at ₹ 1,610.3 million, up 18.7% y-o-y, EBITDA margin excl. Ascent at 45.8% and incl. Ascent at 40.1% |
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PAT at ₹ 1003.4 million, grew by 7.5% y-o-y, PAT margin excl. Ascent at 30.5% and incl. Ascent at 25.0% |
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Diluted EPS stood at ₹ 5.78, grew by 7.5% y-o-y |
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Non-domestic mutual fund revenue share in overall revenue improved to 42.1% y-o-y |
Financial Highlights – H1FY27
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Revenue from operations stood at ₹ 7,583.3 million, up 30.0% y-o-y; |
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International and other investor solutions revenue up by 168.8% y-o-y; (24.3% y-o-y excl. Ascent); |
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EBITDA stood at ₹ 2,830.1 million, up 13.4% y-o-y, EBITDA margin excl. Ascent at 42.8% and incl. Ascent at 37.3% |
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PAT at ₹ 1,755.6 million, grew by 2.9% y-o-y, PAT margin excl. Ascent at 28.7% and incl. Ascent at 23.2% |
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Diluted EPS stood at ₹ 10.12, grew by 3.0% y-o-y |
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Non-domestic mutual fund revenue share in overall revenue improved to 41.0% y-o-y |
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Cash and Cash equivalents stood at ₹ 5,508.6 as on September 30, 2026 |
Business Highlights – Q2FY27
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Overall AAUM1 continues to grow faster than the industry; KFintech’s AAUM growth at 15.1% y-o-y vs. 13.1% for the industry; Overall AAUM market share at 33.1%; Equity AAUM1 growth at 14.3% y-o-y vs. 15.0% for the industry; Equity AAUM market share at 32.8%; Won a new RTA deal from Ashika Group; |
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Number of international clients increased to 515 (Ascent: 394 and KFintech SEA: 121); AAUM increased y-o-y to US$51.9 billion (₹4,943 billion) from US$10.6 billion (₹934 billion); Won four new mandates for fund administration in GIFT city; Singapore, the USA, and the Middle East remain Ascent’s fastest-growing markets, with 24 new funds added in SG, 10 in the US, and 7 in the ME |
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Added 437 new corporate clients under issuer solutions; Market share2 in NSE500 companies at 50.2%; New IPO mandates won during the quarter includes Abakkus Asset Manager, Mahanadi Coalfields, JSW One platform, Goldi Solar, Muthoot FinCorp etc |
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No of alternate funds at 785; Market share at 37.2%; AUM grew 12.9% y-o-y to ₹ 20.3 trillion; Won 25 new AIF funds including from JM Financial Asset Management, 360 One WAM, Godrej Asset Management, Onterra Capital Advisor; Won a new mandate from a pension fund for end-to-end mPower platform solution |
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NPS subscriber base grew to 2.5 mm by 41.2% Y-o-Y vs 14.1% Y-o-Y growth for the industry; Market share in overall subscribers’ base at 12.8% as on September 30, 2026, up from 10.3% as on June 30, 2025 |
Commenting on the company’s performance, Sreekanth Nadella, Managing Director and CEO, KFin Technologies Limited said,
"Our financial results for the second quarter reflect KFintech’s resilience, product innovation capabilities and AI driven execution excellence across the operating business lines. Revenues grew 30% y-o-y, led by strong deal wins across segments and the growing scale of our international business albeit shallow momentum in the domestic public markets. EBITDA has expanded sequentially, driven by scale benefits in non-mutual fund operating lines, deployment of AI and RPA driven productivity levers and disciplined cost management.We have also augmented the sales pipeline substantively which will augur well for the coming quarters. Furthering with our vision to create a global fund administrator from India, we deployed several industry first solutions - same-day SIP unitization, deployment of several impactful mutual fund modules via Finex, Klarity - identity authentically platform, an enterprise-grade agentic Al solution to eliminate signature fraud in the BFSI sector, introduced ARYA.AI - first of its kind conversational intelligence and investor servicing platform, Niti - DPDP platforms amongst others. As we move into the second half of fiscal 2027, we remain focused on disciplined execution, scaling our international business, and investing in Al-led platforms to drive sustained, long-term value for our shareholders."
KEY FIGURES ₹ million
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Q2FY27 |
Q1FY27 |
Q2FY26 |
H1FY27 |
H1FY26 |
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Revenue |
4,018.0 |
3,565.4 |
3092.3 |
7,583.3 |
5,832.9 |
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EBITDA |
1,610.3 |
1,219.8 |
1,357.1 |
2,830.1 |
2,495.7 |
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EBITDA margin % |
40.1% |
34.2% |
43.9% |
37.3% |
42.8% |
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Profit After Tax (PAT) |
1003.4 |
752.1 |
933.1 |
1,755.6 |
1,705.7 |
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PAT margin % |
25.0% |
21.1% |
30.2% |
23.2% |
29.2% |
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Diluted EPS (₹)3 |
5.78 |
4.34 |
5.38 |
10.12 |
9.83 |
