KFin Technologies Shares Tumble Nearly 7% After Heavy Block Deals

Market Performance

KFin Technologies shares witnessed a sharp drop of 6.8% intraday on May 13, closing significantly lower following multiple block deals. The stock hit a low of ₹1,041 during the session.

• The scrip is now over 36% below its 52-week high of ₹1,640 (recorded in December 2024).
• Despite recent losses, the stock remains 70% above its 52-week low of ₹610 (May 2024).
• One-year return: Up 49%.
• Recent monthly performance:
  • March 2025: +18%
  • April 2025: +16%
  • May 2025 (so far): -12%
  • February 2025: -20%
  • January 2025: -29%

Main News

The sudden slump in KFin Technologies shares resulted from significant equity transactions. These were attributed to General Atlantic, the US-based private equity giant, offloading a sizeable portion of its holdings.

• Stake Sale: Up to 6.9%, or approximately 1.18 crore shares
• Floor Price: ₹1,025 per share
• Discount: 8.3% lower than the previous day’s closing
• Estimated Deal Value: ₹1,209.5 crore

As per exchange data, General Atlantic Singapore Fund Pte, the foreign promoter, held a 31.98% stake in KFin Technologies as of March 2025.

Company Details

Despite the volatility in KFin Technologies shares, the company showcased a strong Q4 performance, signalling robust business fundamentals.

Revenue

• Q4 FY25 revenue jumped 24% YoY
• Growth driven by issuer solutions and mutual fund services

EBITDA

• Healthy EBITDA margin maintained at 43%

Net Profits

• Profit after tax rose by 14% YoY.

These gains come as the company invests in platform integration and expands into global markets.

Global Expansion

KFin Technologies’ recent acquisition of Ascent Fund Services has:

• Expanded its footprint across 13 international markets
• Added 260+ clients to its portfolio
• Aimed to boost international revenue contribution from 12% to over 18%

Summary

KFin Technologies shares hit sharply following heavy block deals linked to promoter-level stake sales. Despite this, the company’s fundamentals remain solid, with double-digit revenue, profit growth, and a firm grip on margins. The recent acquisition of Ascent Fund Services further underlines KFin’s ambitions to strengthen its international presence.

Backed by robust financials and a solid track record of growth, KFin Technologies remains a prominent player in the fintech and mutual fund services sector.