KFintech Q2FY27 Revenue Jumps 29.9% YoY to ₹401.8 Crore; PAT Rises 7.5%

KFin Technologies Limited announced its financial results for the quarter and half-year ended September 30, 2026, reporting strong performance driven by broad-based revenue growth and margin expansion.

For the second quarter of fiscal year 2027 (Q2FY27), revenue from operations stood at ₹401.8 crore (4018.0 million), marking a significant year-on-year increase of 29.9%. This growth was propelled by a 157.9% surge in international and other investor solutions revenue (20.9% YoY excluding Ascent) and a 31.3% YoY increase in Ascent Fund Services revenue. EBITDA for the quarter was ₹161.03 crore (1,610.3 million), up 18.7% YoY, with EBITDA margins at 40.1% including Ascent and 45.8% excluding Ascent. Profit After Tax (PAT) grew by 7.5% YoY to ₹100.34 crore (1003.4 million), with PAT margins at 25.0% including Ascent and 30.5% excluding Ascent. Diluted Earnings Per Share (EPS) stood at ₹5.78, an increase of 7.5% YoY. The share of non-domestic mutual fund revenue in overall revenue improved to 42.1% YoY.

For the first half of fiscal year 2027 (H1FY27), revenue from operations reached ₹758.33 crore (7,583.3 million), a 30.0% increase year-on-year. International and other investor solutions revenue saw a substantial rise of 168.8% YoY (24.3% YoY excluding Ascent). EBITDA for H1FY27 was ₹283.01 crore (2,830.1 million), up 13.4% YoY, with margins at 37.3% including Ascent and 42.8% excluding Ascent. PAT grew by 2.9% YoY to ₹175.56 crore (1,755.6 million), with margins at 23.2% including Ascent and 28.7% excluding Ascent. Diluted EPS stood at ₹10.12, a 3.0% increase YoY. The non-domestic mutual fund revenue share improved to 41.0% YoY. As of September 30, 2026, cash and cash equivalents stood at ₹550.86 crore (5,508.6 million).

In business highlights for Q2FY27, KFintech's overall Assets Under Management (AAUM) grew 15.1% YoY, surpassing the industry's 13.1% growth, securing a market share of 33.1%. Equity AAUM grew 14.3% YoY. The company won a new RTA deal from Ashika Group. The number of international clients increased to 515, with AAUM growing to US$51.9 billion (₹4,943 billion). Four new fund administration mandates were secured in GIFT city, with Singapore, the USA, and the Middle East being Ascent's fastest-growing markets. Under issuer solutions, 437 new corporate clients were added, and market share in NSE500 companies reached 50.2%. New IPO mandates included Abakkus Asset Manager and Mahanadi Coalfields. The alternate funds segment saw 785 funds and a market share of 37.2%, with AUM growing 12.9% YoY to ₹20.3 trillion, including 25 new AIF funds. A new mandate was also won for an end-to-end mPower platform solution from a pension fund. The NPS subscriber base grew by 41.2% YoY to 2.5 million, increasing market share to 12.8% as of September 30, 2026.

Sreekanth Nadella, Managing Director and CEO of KFin Technologies Limited, commented, "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 AI 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 AI-led platforms to drive sustained, long-term value for our shareholders."