KFin Technologies (KFINTECH) Q4 21/22 earnings summary

Executive summary

• FY22 consolidated revenue reached ₹63,950.66 lakh and profit after tax was ₹14,855.00 lakh, versus a loss of ₹6,450.86 lakh in FY21; goodwill amortisation ceased from April 1, 2021, affecting comparability.

• Service delivery maintained SLA adherence above 99%; digital tools and investor platforms expanded, while Southeast Asian operations and new business lines supported growth.

Financial highlights

• Consolidated revenue from operations was ₹63,950.66 lakh vs ₹48,114.42 lakh; profit before tax was ₹20,400.03 lakh vs ₹6,750.58 lakh.

• Consolidated PAT was ₹14,855.00 lakh vs a loss of ₹6,450.86 lakh; basic EPS was ₹9.44 vs a loss per share of ₹4.28.

• Standalone revenue was ₹62,470.87 lakh vs ₹47,178.96 lakh; PAT was ₹15,301.52 lakh vs a loss of ₹6,731.40 lakh.

• Prior-year tax expense included a one-time ₹11,192.85 lakh charge related to the tax treatment of goodwill; FY22 goodwill amortisation stopped following NCLT approval, lifting reported profit comparability.

Outlook and guidance

• Growth opportunities span AIF and corporate registry services, NPS, and ASEAN markets; digital delivery and fintech partnerships remain priorities.

• Operations were positioned to scale with portfolio AMC average AUM growth of 41%; NJ Asset Management and SAMCO Asset Management joined the client portfolio.

• A new State Government NPS win added 2.4 lakh subscribers from Madhya Pradesh; no numerical forward financial guidance was stated.