KFin Technologies has submitted its Interactive Annual Report for FY 2025-26, confirming consolidated revenue from operations of ₹13,014.93 million — a 19.32% year-on-year increase — driven by broad-based growth across domestic and international business segments. The company has recommended a final dividend of ₹12.00 per equity share, representing a 60% increase over the previous year's ₹7.50 per share, subject to shareholder approval at its 9th Annual General Meeting (AGM) scheduled for July 22, 2026. The company has intimated that letters have been dispatched to members whose email addresses are not registered, providing a web-link and QR code to access the AGM notice and annual report.

Financial Performance

KFin Technologies delivered steady financial performance in FY 2025-26, supported by the integration of Ascent Fund Services and continued momentum across core business verticals. The following table summarises key consolidated and standalone financial metrics:

On a consolidated basis, total assets increased 58.42% year-on-year to ₹27,736.87 million as of March 31, 2026, primarily driven by the consolidation of Ascent Fund Services. Shareholders' equity grew 18.84% to ₹16,730.66 million. The company converted 51.02% of EBITDA into free cash flows, with free cash flow to the firm (FCFF) at ₹2,702.78 million. Operating expenses increased 26.17% year-on-year to ₹7,718.25 million, with employee benefit expenses rising 30.20% to ₹5,250.77 million, largely reflecting the consolidation of Ascent. The company incurred capital expenditure of ₹1,103.95 million during the year, an increase of 17.78% year-on-year, primarily towards technology investments.

Business Segment Performance

KFin Technologies operates across diversified business verticals, each contributing to revenue growth in FY 2025-26. The segment-wise revenue breakdown is presented below:

Global Business Solutions is a non-core business that has been strategically scaled down.

The international investor solutions segment saw transformational growth following the acquisition of a 51% controlling stake in Ascent Fund Services (Singapore) Pte. Ltd. for US$34.68 million on October 13, 2025. Ascent contributed ₹994.45 million in revenue during the second half of FY26. The combined platform now operates across 18+ countries, serving nearly 500 global asset managers across more than 900 funds, with assets under administration of approximately US$45.70 billion. International revenue contribution increased from 4.4% to 12.2% of overall revenues.

Within the domestic mutual fund segment, assets under administration grew 21.0% year-on-year, with overall market share stable at 32.4%. SIP inflows across client portfolios grew 16.5% year-on-year to ₹1.32 trillion. The Issuer Solutions business onboarded a record 2,616 new corporate clients, taking the total client base to 10,603, with NSE500 market share expanding by 268 basis points to 52.3%. The NPS business turned profitable during the year, with the subscriber base growing 35.6% year-on-year to 2.2 million, representing a market share of 11.9%.

Strategic Developments and Technology Initiatives

FY 2025-26 marked a strategic inflection point for KFin Technologies, with the integration of Ascent Fund Services significantly strengthening global fund administration capabilities. The company launched 36+ products, with product-led value-added solutions (VAS) revenues contributing 7.2% of total revenue at ₹937.20 million, growing 21.0% year-on-year. The company also launched AEGIX, India's first AI-native investor relations intelligence platform for listed corporates, and opened its second Centre of AI & Delivery Excellence in Vijayawada with 200+ AI-trained professionals. The company's platforms processed approximately 2.5 million transactions daily, servicing over 360 million investor folios globally. Over 75% of transactions were processed digitally, and 81.4% of mutual fund transactions were processed digitally during the year.

The company's workforce stood at 6,944 full-time staff as of March 31, 2026, including 308 employees under Ascent. The company's ESG score improved to 63 in FY 2025-26, up from 61 in the previous year. CSR expenditure for the year totalled ₹67.58 million, representing approximately 2.00% of the average net profits of the last three financial years, with 100% CSR budget utilisation.

Leadership Changes and Board Appointments

The Board has proposed several key leadership appointments, subject to shareholder approval at the AGM:

Mr. Dinesh Khara (DIN: 06737041), who served as Chairman of State Bank of India from October 2020 to August 2024, has been appointed as an Independent Director effective April 29, 2026, and is proposed to assume the role of Non-Executive Independent Chairperson effective October 01, 2026, succeeding Mr. Vishwanathan Mavila Nair. Mr. Vivek Narayan Mathur (DIN: 07928470) has been appointed as Whole-Time Director and CFO for a two-year term from April 29, 2026.

AGM Details and Dividend

The 9th AGM will be held on Wednesday, July 22, 2026, at 11:30 a.m. IST through video conferencing. The record date for dividend entitlement is July 15, 2026. Remote e-voting commences at 09:00 a.m. on July 17, 2026, and concludes at 05:00 p.m. on July 21, 2026. National Securities Depository Limited (NSDL) has been engaged to facilitate the e-voting process. The AGM agenda includes adoption of standalone and consolidated audited financial statements for FY26, declaration of the final dividend, re-appointment of Mr. Shantanu Rastogi as Nominee Director, and approval of remuneration for key managerial personnel.

Pursuant to Regulations 36(1)(b) of the LODR Regulations, the Company has dispatched letters to those members who have not registered their email addresses with the Company / Registrar and Share Transfer Agent / Depository Participants, providing the web-link and QR Code for accessing the Notice of the 9th Annual General Meeting and the Annual Report of the Company for the Financial Year 2025-26. The Notice and Annual Report are available at https://investor.kfintech.com/annual-reports/ .

KFin Technologies Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with the National Stock Exchange of India and BSE Limited. The report outlines the company's performance on environmental, social, and governance parameters, including a total energy consumption of 14,925.02 GJ and total greenhouse gas emissions of 2,859.02 metric tons CO2 equivalent.

The company reported a total workforce of 6,569 employees, comprising 4,658 male and 1,911 female staff members. KFin Technologies does not employ any workers, characterizing itself as a service-based entity. The Business Responsibility and Sustainability Report covers standalone operations, with data for Principle 6 collected from five locations accounting for approximately 90% of business operations.

Environmental Performance

KFin Technologies disclosed its environmental footprint for the reporting period. The total energy consumption from non-renewable sources stood at 14,925.02 GJ, while renewable sources contributed nil. The company reported a total water withdrawal of 24,502.89 kilolitres and total water consumption of 24,502.89 kilolitres. Water discharge was reported as nil for the year.

The company’s greenhouse gas emissions comprised 40.80 metric tons of CO2 equivalent for Scope 1 and 2,818.22 metric tons for Scope 2, resulting in a total emission intensity of 0.27 metric tons of CO2 equivalent per crore of turnover. Waste management data indicated the generation of 0.09 metric tonnes of hazardous waste and 0.004 metric tonnes of non-hazardous waste.

Social and Governance Metrics

The report highlighted the company's social initiatives and workforce statistics. KFin Technologies spent 0.65% of its total revenue on employee well-being measures. The median remuneration for employees other than the Board of Directors and Key Managerial Personnel was INR 3,80,004 for males and INR 3,10,896 for females.

Regarding corporate social responsibility, the company reported a turnover of INR 11,588.10 million and a net worth of INR 16,455.15 million. The Corporate Social Responsibility Committee monitored the implementation of CSR projects throughout the year. The report also noted that the company received 25,339 customer complaints during the year, with 271 pending resolution at the close of the year.

Financial and Operational Details

The following table summarizes key financial and operational metrics disclosed in the report for FY 2025-26:

SGS India Pvt Ltd provided reasonable assurance on the core indicators presented in the Business Responsibility and Sustainability Report. The assurance covered parameters such as greenhouse gas footprint, water footprint, and energy footprint for the period April 1, 2025, to March 31, 2026.