Who are Kfin Technologies's main competitors?

Named competitors: Link Intime (MUFG Intime) (private or unlisted), Computershare (CPU.AX), CDSL (CDSL.NS). The cockpit's measured peer set (industry) also includes Sansan (4443.T), Wealthfront (WLTH), Lyntris (LYNX), Hangzhou Shunwang Technology (300113.SZ), Hacksaw (HACK.ST), Adeia (ADEA).

Is Kfin Technologies expensive compared with its peers?

On forward p/e it trades at 40.6× against a peer median of 27.3×, 7th most expensive of 19 in its peer set.

How has Kfin Technologies stock performed?

Over six months to 6 Nov 2026 the shares returned -1.3% against -7.9% for the median peer; over one year -17.6%.

← CockpitCompetitor Analysis › KFINTECH.NS Kfin TechnologiesOpen in the cockpit ↗

Kfin TechnologiesKFINTECH.NSCompetitor analysis, valuation and peers

India · INR·IT›Packaged Software

Registrar and transfer agent for Indian mutual funds and companies, also providing issuer and investor services.

≈ India's Computershare/BroadridgeMomentum strong 63

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.67B

US dollars, full cap

Free float

66%

of shares outstanding

$/day

$10.4M

20-day average traded

Fwd P/E

40.6×

forward earnings

ROIC−WACC

n/a

WACC 16.3%

Hurdle

n/a

no reverse DCF

Next earnings

83 days

28 Jan 2027

Close · INR₹915.80

1D-1.1%

1W+7.6%

1M+6.7%

3M-1.5%

6M-1.3%

YTD-15.4%

1Y-17.6%

ATR %3.5%

Beta1.26

52w lowhigh18.7% off high

What Kfin Technologies does

Registrar and transfer agent for Indian mutual funds and companies, also providing issuer and investor services.

Earns recurring service fees from fund houses and listed companies for keeping investor records, processing transactions and servicing unitholders, with fees tied to the volume of investor accounts and assets served. It is one of two dominant mutual-fund registrars in India, alongside CAMS, and listed in 2023.

In one line: India's Computershare/Broadridge.

Products and services

Mutual fund RTA services
Corporate registrar services
Global fund administration
Investor/ESOP platforms

Customers

Mutual fund houses
Listed companies
Alternative investment funds

Where it sits in the supply chain

Financial services infrastructure
Registrar/transfer agency
Investor services technology

What could go right

Mutual fund/AIF industry AUM growth
Cross-sell of issuer solutions

What could go wrong

Regulatory fee caps
Market share competition from Link Intime

Moat: wide (switching costs, scale, regulatory licence). Deeply embedded RTA infrastructure with high switching costs; a scaled duopoly-like Indian market position.

Headquarters: Hyderabad, India · Founded: 2003 · Employees: 6,569

Named competitors

Link Intime (MUFG Intime) private or unlisted
Computershare CPU.AX
CDSL CDSL.NS

Kfin Technologies at a glance

Size Kfin Technologies (KFINTECH.NS) is an India Information Technology company (Packaged Software) with a market value of $1.67B, the 421st largest of 1,058 India companies the cockpit tracks. Shares closed at ₹915.80 on 6 Nov 2026.

Performance Over six months the shares fell 1.3%, against -7.9% for the median peer and 0.0% for the India market (cap-weighted) — 8th highest of 20 in its peer set.

Growth Revenue grew 26.8% over the last twelve months (peer median +17.3%); the operating margin is 32.4% (peer median 10.6%).

Valuation It trades at 40.6× forward earnings against a peer median of 27.3× (7th most expensive of 19).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Kfin Technologies against the median of its 20 peers (local-currency closes).

Kfin Technologies financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹15.2B	₹13.2B	₹11.1B	₹8.61B	₹7.36B
Revenue growth	—	+19%	+29%	+17%	—
Gross profit	₹14.1B	₹12.1B	₹10.1B	₹7.86B	₹6.59B
EBITDA	₹5.98B	₹5.78B	₹5.19B	₹3.95B	₹3.16B
Net income	₹3.49B	₹3.44B	₹3.33B	₹2.46B	₹1.96B
Free cash flow	n/a	₹3.44B	₹3.75B	₹2.80B	₹2.16B
Capital expenditure	n/a	₹1.11B	₹861M	₹851M	₹694M
Total debt	₹752M	₹554M	₹465M	₹487M	₹1.60B

Quarterly statements and history in the cockpit →

Kfin Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Kfin Technologies is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Kfin Technologies is the large dot.

Kfin Technologies competitors and peer comparison

Head to head with its named competitors (KFINTECH.NS vs CPU.AX vs CDSL.NS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Kfin Technologies KFINTECH.NS	$1.67B	-1%	+27%	32%	40.6×	n/a
Computershare CPU.AX	$17.2B	+44%	0%	30%	19.1×	-2.6%
Central Depository Services (India) CDSL.NS	$2.95B	+5%	+3%	50%	52.1×	n/a

How Kfin Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Kfin Technologies against its 20 peers (data as of 6 Nov 2026)
Measure	KFINTECH.NS	Peer median	Rank in peer set
1-month return	+6.7%	+5.2%	9th highest of 21
6-month return	-1.3%	-7.9%	8th highest of 20
Distance from 52-week high	-18.7%	-36.0%	8th highest of 21
Revenue growth (TTM)	+26.8%	+17.3%	6th highest of 21
Operating margin	32.4%	10.6%	3rd highest of 21
Forward P/E	40.6×	27.3×	7th most expensive of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Kfin Technologies KFINTECH.NS	India	$1.67B	-1%	+27%	32%	40.6×	n/a	n/a
Sansan 4443.T	Japan	$1.67B	+65%	+22%	18%	27.4×	20.3%	+27.1%
Wealthfront WLTH	United States	$1.66B	-7%	+18%	-41%	26.7×	-4.2%	n/a
Lyntris LYNX	United States	$1.69B	n/a	+16%	9%	n/a	n/a	n/a
Hangzhou Shunwang Technology 300113.SZ	China	$1.70B	-32%	-36%	26%	27.1×	26.2%	+11.0%
Hacksaw HACK.ST	Sweden	$1.71B	-22%	+21%	82%	8.1×	-10.2%	+85.9%
Adeia ADEA	United States	$1.71B	-47%	+22%	44%	11.8×	2.7%	-13.0%
TRS Information Technology 300229.SZ	China	$1.71B	-27%	-23%	-76%	n/a	n/a	n/a
Donnelley Financial Solutions DFIN	United States	$1.63B	+56%	+5%	20%	12.3×	-4.7%	-3.0%
freee K.K 4478.T	Japan	$1.72B	+100%	+28%	3%	79.1×	n/a	n/a
Newborn Town 9911.HK	Hong Kong	$1.63B	-5%	+36%	12%	8.8×	-3.5%	+41.3%
Nazara Technologies NAZARA.NS	India	$1.62B	+50%	-2%	3%	138.0×	n/a	n/a
YOOZOO Interactive 002174.SZ	China	$1.61B	+9%	-1%	-20%	24.7×	n/a	n/a
Wuhan Dameng Database 688692.SS	China	$1.75B	-28%	+28%	28%	33.4×	12.7%	+23.2%
Beijing Haizhi Technology 2706.HK	Hong Kong	$1.75B	-31%	+23%	-9%	208.5×	n/a	n/a
Weaver Network Technology 603039.SS	China	$1.59B	-8%	+2%	12%	29.1×	15.8%	+9.0%
Sinosoft 603927.SS	China	$1.77B	-14%	-24%	2%	44.3×	23.0%	+0.9%
Progress Software PRGS	United States	$1.78B	+46%	+6%	19%	6.7×	1.8%	+17.2%
Nayax NYAX	United States	$1.78B	-34%	+28%	5%	59.1×	26.9%	+38.7%
KPIT Technologies KPITTECH.NS	India	$1.57B	-25%	+9%	14%	26.3×	14.8%	+26.0%
Shadowfax Technologies SHADOWFAX.NS	India	$1.79B	+70%	+69%	10%	60.0×	47.0%	+43.7%

Questions

Who are Kfin Technologies's main competitors?: Named competitors: Link Intime (MUFG Intime) (private or unlisted), Computershare (CPU.AX), CDSL (CDSL.NS). The cockpit's measured peer set (industry) also includes Sansan (4443.T), Wealthfront (WLTH), Lyntris (LYNX), Hangzhou Shunwang Technology (300113.SZ), Hacksaw (HACK.ST), Adeia (ADEA).
Is Kfin Technologies expensive compared with its peers?: On forward p/e it trades at 40.6× against a peer median of 27.3×, 7th most expensive of 19 in its peer set.
How has Kfin Technologies stock performed?: Over six months to 6 Nov 2026 the shares returned -1.3% against -7.9% for the median peer; over one year -17.6%.