A big block deal has been made in the shares of Kfin Technologies Ltd (NSE: KFINTECH). 36 lakh shares i.e. 2.1 percent stake have been sold.
However, who has bought and who has sold? The information has not been received about this as of yet.
This Deal Has Been Done For Rs 211 Crore
The stock has dropped 7 percent over a week and 10 percent in one month.
On Tuesday, the company’s shares fell 4 percent to below Rs 600.
On Monday itself, Awaaz had quoted sources as saying that a 2% stake in KFin Technologies could be sold through a block deal.
Kotak Bank can sell 34.7 lakh shares. The bank can offer 34.7 lakh shares for 218 crores in the company.
The block deal may be sold at a price that can be as high as 5 percent.
What KFin Technologies Ltd Does?
Based on the information published on its website, the company is a transaction management company with channel management and compiled solutions, analytics of data, and other digital services for asset management.
About Kfin Technologies Ltd
KFin Technologies Limited is an Indian-based business.
It fulfills the mission-critical requirements of asset managers, with clients that span mutual funds, alternative fund of investment (AIFs) pension funds, wealth managers, and corporates in India and worldwide.
The company offers Software as a Service (SaaS) that provides end-to-end transaction management, channel administration, which includes brokerage computation and channel servicing and data analytics, compliance solutions as well as other digital services for asset managers across various segments and outsourcing services.
The company operates in 4 segments: domestic mutual investment solutions, Issue Solutions, International and other solutions for investors, and global business services.
The asset management platforms offered by the Company comprise the investor and issuer servicing platforms.
It offers country-specific platforms for the asset classes of mutual funds, alternative funds, and pensions to assist investors, with bonds, and equities for issuer servicing.
Fundamental Analysis of KFin Technologies Ltd
| Market Cap | ₹ 10,088 Cr. |
| Current Price | ₹ 602.90 |
| 52-wk High | ₹ 732 |
| 52-wk Low | ₹ 271 |
| Stock P/E | 44.1 |
| Book Value | ₹ 58.0 |
| Dividend | 0.00 % |
| ROCE | 29.3 % |
| ROE | 25.9 % |
| Face Value | ₹ 10.0 |
| P/B Value | 10.2 |
| OPM | 43.5 % |
| EPS | ₹ 13.4 |
| Debt | ₹ 187 Cr. |
| Debt to Equity | 0.19 |
KFin Technologies Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹630 | ₹700 |
| 2025 | ₹712 | ₹732 |
| 2026 | ₹742 | ₹770 |
| 2027 | ₹800 | ₹845 |
| 2028 | ₹850 | ₹878 |
| 2029 | ₹900 | ₹923 |
| 2030 | ₹932 | ₹1000 |
KFin Technologies Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 49.91% |
| Mar 2023 | 49.42% |
| June 2023 | 49.22% |
| Sept 2023 | 49.12% |
| Dec 2023 | 39.05% |
| FII Holding | |
| Dec 2022 | 8.36% |
| Mar 2023 | 8.04% |
| June 2023 | 8.08% |
| Sept 2023 | 9.22% |
| Dec 2023 | 12.13% |
| DII Holding | |
| Dec 2022 | 23.61% |
| Mar 2023 | 23.55% |
| June 2023 | 23.42% |
| Sept 2023 | 22.05% |
| Dec 2023 | 24.64% |
| Public Holding | |
| Dec 2022 | 18.11% |
| Mar 2023 | 18.98% |
| June 2023 | 19.29% |
| Sept 2023 | 19.61% |
| Dec 2023 | 24.18% |
KFin Technologies Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹162 Cr |
| 2020 | ₹450 Cr |
| 2021 | ₹481 Cr |
| 2022 | ₹640 Cr |
| 2023 | ₹792 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹9 Cr |
| 2020 | ₹5 Cr |
| 2021 | ₹-65 Cr |
| 2022 | ₹149 Cr |
| 2023 | ₹229 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | – |
| 2020 | – |
| 2021 | – |
| 2022 | – |
| 2023 | 0.15 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 252% |
| Current Year: | 21% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 17% |
| Last Year: | 26% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 17% |
| Current Year: | 10% |
Conclusion
This article is a complete guide about Kfin Technologies Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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