If sources are believed, shares in KFin Technologies (NSE: KFINTECH) may be sold through a block deal. The stock has dropped 7 percent in a week and 10 percent in one month.
On Monday, the company’s shares fell 3.5 percent and closed at Rs 628.
Sources say that a 2% stake in KFin Technologies can be sold through a block deal. Kotak Bank can sell 34.7 lakh shares.
The bank can offer 34.7 lakh shares for around 218 crores in the company.
This block deal can be at a discount of up to 5%.
What KFin Technologies Ltd Does:
According to the information released on the website, it works for transaction management,
channel management, compiled solutions, data analytics, and other digital services asset management.
About Kfin Technologies Ltd Company
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 | ₹ 10,743 Cr. |
| Current Price | ₹ 628 |
| 52-wk High | ₹ 732 |
| 52-wk Low | ₹ 271 |
| Stock P/E | 47.0 |
| Book Value | ₹ 58.0 |
| Dividend | 0.00 % |
| ROCE | 29.3 % |
| ROE | 25.9 % |
| Face Value | ₹ 10.0 |
| P/B Value | 10.8 |
| OPM | 43.5 % |
| EPS | ₹ 13.4 |
| Debt | ₹ 187 Cr. |
| Debt to Equity | 0.19 |
KFin Technologies Ltd 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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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
