Shares of KFin Technologies Ltd are under the spotlight as General Atlantic Singapore Fund Pte. Ltd, a key promoter, prepares to offload 6% of its stake in the financial services firm via block deals.
Stake Sale Details
- General Atlantic currently holds 32.91% in KFin Technologies and is looking to reduce its stake.
- The sale is expected to be executed at a 5–8% discount to Wednesday’s closing price.
- KFin Technologies shares closed at ₹1,103.30, marking a 5.91% increase on the Bombay Stock Exchange (BSE).
Strong Q4 Performance
KFin Technologies recently reported a 14.3% year-on-year (YoY) increase in consolidated net profit for Q4 FY25, reaching ₹85 crore, compared to ₹74.5 crore in the same quarter last year.
- Revenue from operations surged 23.8% YoY to ₹282.7 crore.
- EBITDA rose 16.9% to ₹122.2 crore, though the EBITDA margin declined slightly to 43.2% from 45.8% due to higher operating expenses.
- The board has recommended a final dividend of ₹7.50 per share for FY24, pending shareholder approval.
Market Outlook
Despite a year-to-date decline, KFin Technologies has seen a 249% surge over the past two years. Analysts maintain a ‘Buy’ rating, citing strong earnings growth and operational efficiency.
As General Atlantic moves forward with its stake reduction, investors will closely watch how the market reacts to the block deal pricing and institutional interest in KFin Technologies.
