Kfin Technologies Limited
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Key numbers — 40 extracted
rs,
₹ 2,187.2 million
16.3%
28.2%
₹ 979.0 million
21.3%
44.8%
42.9%
₹ 668.3 million
25.2%
30.6%
28.4%
Guidance — 1 items
Principal Office
opening
“Items that will be subsequently reclassified to statement of profit or loss Exchange differences on translation of foreign operations 10 Total comprehensive income for the period/ year (8+9) 11 Earnings per share (Face value off.”
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Risks & concerns — 1 flagged
Additionally, 5 clients in Malaysia, 2 clients in Singapore and 3 clients in Gift city yet to go live; (8) based on total AIFs registered with SEBI; (9) in last 4 years ended December 31, 2023; (10) Assessed by ESG Risk Assessments and Insights for the fiscal period ended March 31, 2023 5 KFin Technologies Limited, Investor Presentation Q3 FY24 1.
— Disclaimer
Speaking time
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Opening remarks
Disclaimer
Certain statements that may be made or discussed in this release may be forward-looking statements and/or based on management’s current expectations and beliefs concerning future developments and their potential effects upon KFin Technologies Limited. The forward-looking statements are not a guarantee of future performance and involve risks and uncertainties and there are important factors that could cause actual results to differ, possibly materially, from expectations reflected in such forward-looking statements. KFin Technologies Limited does not intend, and is under no obligation, to update any forward-looking statement made in this release. 2 KFin Technologies Limited Investor Presentation Q3 FY24 & 9M FY24 (for the quarter and nine months period ended December 31, 2023) Safe Harbour Statement This presentation may contain certain forward-looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and unc
Clients by location
Hongkong - x, Singapore - x, Malaysia – x, Philippines – x, Vietnam - x ▪ Number of clients1 increased to 54 ▪ Of the two LOIs received from Malaysian clients for RTA and FA in Oct-23, contract execution completed with one and received LOA2 from the other ▪ Won an RTA contract in Middle East from an existing client ▪ Won a new deal in Malaysia for RTA and FA managed services2 ▪ Onboarded 2 funds in Gift city during Q3FY24; Overall 16 funds in Gift city as on 31st No of clients1 54 36 9MFY23 9MFY24 Solutions No of Contracts RTA Fund Administration 40 23 Overall AAUM3 (₹ billion) +5.8% y-o-y +3.4% q-o-q Transaction volume4 (in million) +4.2% y-o-y +9.8% q-o-q 550 563 582 0.80 0.76 0.83 Q3FY23 Q2FY24 9MFY24 Q3FY23 Q2FY24 Q3FY24 Dec’23 (1) Metric as on December 31, 2023; 24 clients in Malaysia, 2 clients in Philippines, 1 client in Hong Kong, Singapore, Thailand, Middle East and Canada each and 13 clients in Gift city. Additionally, 5 clients in Malaysia, 2 clients in Singapore and 3 clien
For more information please contact
Amit Murarka Email: InvestorRelations@kfintech.com 4 B S R and Co Chartered Accountants Salarpuria Knowledge City, Orwell B Wing, 6th Floor, Unit-3, Sy No. 83/1 Plot No. 02, Raidurg Hyderabad – 500 081, India Telephone + 91 407 182 2000 Fax + 91 407 182 2399 Limited Review Report on unaudited consolidated financial results of KFin Technologies Limited (formerly known as KFin Technologies Private Limited) for the quarter ended 31 December 2023 and year to date results for the period from 01 April 2023 to 31 December 2023 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of KFin Technologies Limited (formerly known as KFin Technologies Private Limited) 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of KFin Technologies Limited (formerly known as KFin Technologies Private Limited) (hereinafter referred to as “the Parent”),
Principal Office
14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 B S R and Co KFin Technologies Limited (formerly known as KFin Technologies Private Limited) Limited Review Report (Continued) 5 6 7 8 9 Hexagram Fintech SDN. BHD. Malaysia Subsidiary KFin Global Technologies (IFSC) Limited India Subsidiary WebileApps (India) Private Limited (w.e.f. 19 April 2023) India WebileApps Technology Services Private Limited (w.e.f. 19 April 2023) India Subsidiary Subsidiary Fintech Products and Solutions (India) Private Limited (w.e.f. 22 March 2023) India Associate 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid do
Notes
1. The above consolidated financial results of KFin Technologies Limited ("the Parent Company"/ "the Company"), its subsidiaries (the Company and its subsidiaries together referred to as "the Group") and its associate have been prepared in accordance with and comply in all material aspects with the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 ("the Act") read with relevant rules issued there under and in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), as amended. 2. The above consolidated financial results have been reviewed and recommended by the Audit Committee at its meeting held on Janaury 25, 2024. The Board of Directors at its meeting held on Janaury 25, 2024 have approved the above results and taken them on record. The statutory auditors have expressed an unmodified review conclusion on these results. 3. The Board of Dire
Principal Office
14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 B S R and Co Limited Review Report (Continued) KFin Technologies Limited (formerly known as KFin Technologies Private Limited) for impairment every year. Such accounting treatment of this transaction was different from that prescribed under Ind AS 103 – ‘Business Combinations’ which became applicable to the Company from the year ended 31 March 2019 and which requires assets, liabilities and consideration to be measured at fair value and goodwill to be tested only for impairment. On 02 March 2022, the Company obtained approval of NCLT for not amortising goodwill with effect from 01 April 2021. ii. We draw attention to Note 4 of the statement of unaudited standalone financial results for the quarter and nine months period ended 31 December 2023, where the pre-amalgamated Company was the Registrar and Transfer Agent (“RTA”) of a past client (“the Client”) u
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