KFin Technologies announced robust Q2 FY26 results, marked by a 10.3% year-over-year revenue increase to ₹3,092.3 million. EBITDA grew by 7.2% to ₹1,357.1 million, with margins at 43.9%. The company also completed the acquisition of Ascent Fund Services, enhancing its global fund administration capabilities. Growth in international and value-added services contributed significantly to overall performance.
Financial Performance
KFin Technologies reported a revenue from operations of ₹3,092.3 million in Q2 FY26, reflecting a 10.3% year-over-year increase. Core revenue grew by 12.6%. EBITDA stood at ₹1,357.1 million, up 7.2% year-over-year, with an EBITDA margin of 43.9%. Profit after tax (PAT) reached ₹933.1 million, a 4.5% increase, resulting in a PAT margin of 30.2%. Diluted EPS was reported at ₹5.38, up 4.1% year-over-year.
For H1 FY26, revenue from operations amounted to ₹5,832.9 million, a 12.6% increase. EBITDA stood at ₹2,495.7 million, up 10.3% year-over-year, and PAT was ₹1,705.7 million, an 8.4% increase. Diluted EPS for H1 FY26 was ₹9.83.
Segment Highlights
Overall AAUM grew by 16.8% year-over-year, compared to the industry’s 16.5% growth. Equity AAUM increased by 14.1%, versus the industry’s 15.6%. The company won a new RTA mandate from Lakshya Asset Management and secured SIF mandates from three existing AMC clients.
KFin Technologies added 597 new corporate clients under issuer solutions, with a market share in NSE500 companies at 49.6%. It was also appointed as an RTA for Bharat Petroleum Corporation Limited.
The international client base expanded to 934. KFin secured its first fully managed fund administration service deal from a non-AMC client in Malaysia and won fully managed service deals from two AMCs in Malaysia. The number of alternate funds stood at 644, with market share at 38.6%, and AAUM grew 37.4% year-over-year to ₹1.8 trillion.
Strategic Developments
The company successfully acquired a 51% controlling stake in Ascent Fund Services, positioning KFintech as a rapidly growing global fund administrator.
The NPS subscriber base grew to 1.79 million, a 30.2% year-over-year increase, compared to the industry’s 12.5% growth. KFin’s market share in overall subscribers’ base reached 10.3%.
Source: BSE
