KFin Technologies Posts Stable FY26 Results And Global Growth
EBITDA for the quarter was Rs 1,285.1 mn, up 5.1 per cent, with margin including Ascent at 37.0 per cent and excluding Ascent at 41.9 per cent. Full-year EBITDA was Rs 5,297.0 mn, up 10.6 per cent, and core profit after tax was Rs 841.7 mn for the quarter and Rs 3,531.4 mn for the year. Diluted earnings per share were Rs 4.67 for the quarter and Rs 19.81 for the year. Cash and cash equivalents were Rs 5,707.3 mn at year end and the board proposed a dividend of Rs 12.0 per share subject to approval.
Average assets under management (AUM) metrics showed overall AAUM up 21.0 per cent year on year and market share at 32.4 per cent, with equity AAUM growth at 18.2 per cent. Overall AUM rose to US$45.7 bn and international clients increased to 499. The company added 7,263 corporate clients under issuer solutions and alternate fund AUM reached Rs 1.7 tn across 741 funds. The national pension system subscriber base grew to 2.2 mn, up 35.6 per cent, raising market share to 11.9 per cent.
The company characterised FY26 as transformative after the acquisition of Ascent Fund Services, expanding its footprint to 18 countries and servicing nearly one thousand global asset managers with US$360 bn of assets under management. Management noted international business more than doubled and now contributes almost 20 per cent of revenue, and that integration is expected to deliver synergies and margin improvement over time. Management indicated priorities for FY27 will be disciplined execution, deepening international expansion and technology investments to build operating leverage and sustainable growth.