KFin Technologies announced a revenue of ₹3,092.3 million for Q2 FY26, a 10.3% year-over-year increase. EBITDA stood at ₹1,357.1 million, with a margin of 43.9%. Profit after tax was reported at ₹933.1 million, with a 30.2% margin. The company also completed the acquisition of Ascent Fund Services, expanding its global presence.
Financial Performance in Q2 FY26
KFin Technologies reported revenue from operations of ₹3,092.3 million, representing a 10.3% year-over-year increase. Core revenue grew by 12.6%. The company’s EBITDA reached ₹1,357.1 million, with an EBITDA margin of 43.9%. Profit after tax (PAT) amounted to ₹933.1 million, resulting in a PAT margin of 30.2%. Diluted EPS stood at ₹5.38, a 4.1% increase year-over-year.
H1 FY26 Results Overview
For the first half of FY26, KFin Technologies reported revenue from operations of ₹5,832.9 million, a 12.6% increase year-over-year. EBITDA was ₹2,495.7 million, with a margin of 42.8%. Profit after tax for H1 FY26 was ₹1,705.7 million, with a margin of 29.2%. Diluted EPS reached ₹9.83, a 7.9% increase year-over-year. As of September 30, 2025, the company’s cash and cash equivalents stood at ₹6,908.2 million.
Key Business Highlights
Overall Assets Under Management (AAUM) grew by 16.8% year-over-year, compared to an industry growth of 16.5%. Equity AAUM grew by 14.1%, versus the industry’s 15.6%. KFin Technologies secured an RTA mandate from Lakshya Asset Management and won SIF mandates from three existing AMC clients, along with a data lake contract from another existing client.
The company added 5972 new corporate clients under issuer solutions. They were appointed as an RTA for Bharat Petroleum Corporation Limited. New IPO mandates included Bharat Coking Coal, Yashoda Hospitals, Turtlemint Fintech Solutions and Juniper Green Energy.
The international client base expanded to 934. KFin Technologies won its first fully managed fund administration service deal from a non-AMC client in Malaysia. They also secured fully managed service deals from two AMCs in Malaysia, one for fund administration and another for transfer agency. A fund administration platform deal was secured from a life insurance client for GIFT City operations.
Ascent Fund Services Acquisition
KFin Technologies successfully acquired a 51% controlling stake in Ascent Fund Services (Singapore) Pte. Ltd. This acquisition aims to expedite expansion into the global fund administration industry.
Alternate Investment Funds and NPS
The number of alternate funds reached 6444, with AAUM growing by 37.4% year-over-year to ₹1.8 trillion. KFin Technologies won 52 new AlF funds. The NPS subscriber base grew to 1.79 million, a 30.2% increase compared to the industry’s 12.5% growth.
Source: BSE
