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KFin Technologies Limited Investor Presentation Q1FY26 (for the quarter ended June 30, 2025) KFINI~C..ti - EXPERIENCE T
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2 KFin Technologies Limited, Investor Presentation Q1 FY26 Safe Harbour Statement This presentation may contain certain forward-looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition, economic growth in our markets, ability to attract and retain highly skilled professionals, our ability to manage our operations, government policies and actions, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect in future or update any forward-looking statements made from time to time by or on behalf of the Company.
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3 KFin Technologies Limited, Investor Presentation Q1 FY26 Chief Financial Officer Vivek Narayan Mathur Managing Director and Chief Executive Officer Venkata Satya Naga Sreekanth Nadella Head of Global Business Finance, M&A, and Investor Relations Amit Murarka Today’s Presenters
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1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
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5 KFin Technologies Limited, Investor Presentation Q1 FY26 KFintech: At a Glance Scaled global platform with integrated FA and RTA capabilities - Strong track record of growth and leadership Won 204 out of 325 Last new AMCs launched in India 33.0% Equity MF AAUM m. share, up from 28.8% in FY20 Largest Investor Solution provider to Indian MFs1 Investor Solutions – Domestic Mutual Funds 282 out of 532 AMCs in India; ₹23.5 tn AAUM3 serviced 38.6% Monthly SIP inflows m. share International & Other Investor Solutions 82 Clients7 including 13 new clients yet to go live 1 of 3 Operational CRAs (NPS) With 1.7 mn subscribers and 3,820 corporate clients 592 AIF funds8 (37.0% m. share) Issuer Solutions 163 million Investor folios being managed 8,867 Corporate clients 50.8% Market share6 175 million Total investor folios Note: Metrics as of June 30, 2025, unless stated otherwise; mm represent million; tn represent trillion; (1) based on number of AMCs serviced; (2) 4 out of 28 are yet to start operations and 7 out of 53 are yet to start operations; (3) AAUM represents last quarter average; (4) includes 4 AMCs which are yet to start operations; (5) includes 7 AMCs which are yet to start operations; (6) based on market capitalization of NSE 500 companies; (7) 31 clients in Malaysia, 4 clients in Philippines, 1 client in Hong Kong, Singapore, Thailand, Middle East and Canada each and 29 clients in Gift city. Additionally, 5 clients in Malaysia, 2 clients in Singapore, 1 clients in Philippines and 5 clients in Gift city yet to go live; (8) Includes stamp duty and ISIN clients; market share based on total AIFs registered with SEBI; (9) in last 5 years ended June 30, 2025; (10) Assessed by CRISIL Ratings for the year ended March 31, 2024 359 New products launched 2.3 mm Average daily transactions 1,100+ IT engineers ESG Score10 – 61 810 BitSight Security Score
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1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
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7 KFin Technologies Limited, Investor Presentation Q1 FY26 Key Highlights (1) Last quarter average; (2)Ranking as per last quarterly AAUM of AMCs with at least ₹10,000cr AAUM; (3) Based on market capitalization as on June 30, 2025; (4)31 clients in Malaysia, 4 clients in Philippines, 1 client in Hong Kong, Singapore, Thailand, Middle East and Canada each and 29 clients in Gift city. Additionally, 5 clients in Malaysia, 2 clients in Singapore, 1 clients in Philippines and 5 clients in Gift city yet to go live;(5) During Jul’25; (6) Includes stamp duty and ISIN clients; market share based on total AIFs registered with SEBI; (7) End of period Strong performance backed by growth across diverse businesses, strong deal wins, and stable margins with profitable growth Q1FY26: Revenue growth at 15% y-o-y; EBITDA growth at 14% y-o-y and margins at 41.5%; PAT growth at 13% y-o-y and margins at 28.2% International and other investor solutions (excl. GBS) revenue grew by 29% y-o-y; VAS revenue grew by 40% y-o-y in Q1FY26 Share of non-domestic mutual fund revenue in overall revenue at 27%in Q1FY26 ▪ Overall AAUM1 continues to grow faster; KFintech’s AAUM growth at 23.0% y-o-y vs. 22.3% growth for industry ▪ Overall AAUM market share1 at 32.5%; Equity AAUM market share1 at 33.0% ▪ Won an RTA deal from three new AMCs – Abakkus Asset Manager Private Limited, Marcellus Investment Managers Private Limited & Wealth Company Asset Management Holdings Private Limited (Pantomath) ▪ Won a contract from an AMC for development of digital assets ▪ Won five maiden clients under newly launched KRA business ▪ 6 out of top 10 AMCs with fastest % growth in AAUM2 Domestic Mutual Fund investor solutions AIF & Wealth investor solutions ▪ No of funds6,7: 592, market share6,7 : 37.0% ▪ AAUM7: ₹ 1.6 trillion, grew 38.1% y-o-y ▪ Won 23 new AIF funds including from Sorigin, Arnya RE Fund, Tata AMC, Multiples, etc. ▪ Won mandates for mPower Order Management System from two AMCs, including an AMC where KFintech is not an RTA ▪ Won fund administration platform deal from a large private life insurance company National Pension Scheme ▪ KFintech’s subscriber base7 grew by 32.2% y-o-y vs 12.7% y-o-y growth for the industry during Q1FY26 ▪ Added 52,400 subscribers during Q1FY26; Overall subscribers’ base: 1.7 million7 ▪ Market share in overall subscribers’ base at 9.9% during Q1FY26, vs. 8.4% during Q1FY25 ▪ Added 483 corporate clients during Q1FY26; Overall corporate clients’ base: 3,8207 ▪ Number of clients4 increased to 82 ▪ Won a full-service FA & TA deal from an existing AMC client in Malaysia ▪ Won an LOI5 for full-service FA mandate from a corporate treasury desk in Malaysia ▪ Won maiden deal for mPowerWealth platform5 from a large AMC in Philippines ▪ Onboarded five funds in Gift City in Q1FY26, total number of funds increased to 35 International investor solutions Issuer solutions ▪ Added 880 corporate clients during Q1FY26 taking total clients’ base7 to 8,867 ▪ Market share3,7 in NSE 500 companies at 50.8% ▪ New RTA mandates won during the quarter includes Canara HSBC Life Insurance Company Limited, ICICI Prudential Asset Management Company Limited, Meesho Limited, Pine Labs Limited, Prestige Hospitality Ventures Limited, Shiprocket Limited. ▪ Main Board IPOs managed by KFintech: 18.0% market share in terms of issue size and 40.0% market share in terms of number of IPOs in Q1FY26
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1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
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9 KFin Technologies Limited, Investor Presentation Q1 FY26 KFintech, with its multi-asset servicing platform, is well positioned to benefit from strong growth across large markets in India Mutual Fund2Other Asset Classes Overall AAUM1 (₹ trillion) (1) Last quarter average; (2) Source: AMFI; (3) Source: SEBI; (4) Source: NPS Trust Equity AAUM 1 (₹ trillion) Monthly SIP inflows (₹ billion) Folios (in million) No of AIFs registered (cumulative) with SEBI3 +18.3% y-o-y +3.5% q-o-q +26.0% y-o-y +3.5% q-o-q No of pension subscribers4 (in million) +12.7% y-o-y +2.6% q-o-q +23.1% y-o-y +7.5% q-o-q India Performance +22.3% y-o-y +7.0% q-o-q No of demat accounts 3 (in million) 38.4 40.5 54.1 67.4 72.2 FY22 FY23 FY24 FY25 Q1FY26 18.4 20.3 30.1 38.3 41.2 FY22 FY23 FY24 FY25 Q1FY26 122.8 272.7 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 135 241 90 168 55 92 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Total Equity SIP 885 1,100 1,302 1,545 1,599 FY22 FY23 FY24 FY25 Q1FY26 90 114 151 192 199 FY22 FY23 FY24 FY25 Q1FY26 11.6 13.1 14.7 16.5 16.9 FY22 FY23 FY24 FY25 Q1FY26
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1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
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11 KFin Technologies Limited, Investor Presentation Q1 FY26 Overall AAUM 1 & market share2 (₹ trillion) AAUM1 Growth AAUM1 Market Share2 KFintech Industry Q1FY25 Q4FY25 Q1FY26 23.0% (y-o-y) 22.3% (y-o-y) 32.3% 32.4% 32.5% 7.3% (q-o-q) 7.0% (q-o-q) 21.7% (y-o-y) 23.1% (y-o-y) 33.4% 33.1% 33.0% 7.3% (q-o-q) 7.5% (q-o-q) Equity Mix in Overall AAUM1 58.6% 58.0% 58.0% Equity AAUM 1 & market share2 (₹ trillion) SIPs Net flows Transaction Volume Q1FY26 inflows: ₹ 312 billion 27.4% (y-o-y) / 1.0% (q-o-q) 38.6% market share in Jun’25 Live folios: 35.4 million3 9.5% (y-o-y) vs. 2.3% (Industry) 18.5% (q-o-q) vs. 8.6% (Industry) Continues to be positive in Q1FY26 KFin garnered 28.1% of industry net flows NFO Market Share No of NFOs – 60.9% Fund mobilization – 47.5% Q1FY26: 135.0 million 23.3% (y-o-y) / 0.5% (q-o-q) MFCentral CAS4 API 13.5 million hits in Q1FY26 (15.4% y-o-y) 228 clients onboarded as on Jun’25; 17 clients onboarded in Q1FY26 (1) Last quarter average; (2) For the period; (3) As on June 30, 2025; (4) Consolidated account statement; (5) Ranking as per last quarterly AAUM of AMCs with at least ₹10,000cr AAUM Domestic Mutual Fund investor solutions: Focus on mid-size, equity-oriented AMCs, providing significant sustainable advantage • 6 out of top 10 AMCs with fastest % growth in AAUM5 • Won an RTA deal from three new AMCs – Abakkus Asset Manager Private Limited, Marcellus Investment Managers Private Limited & Wealth Company Asset Management Holdings Private Limited (Pantomath) • Won a contract from an AMC for development of digital assets • Won five maiden clients under newly launched KRA business 12.0 12.8 17.4 21.2 23.5 30.3% 31.5% 31.7% 32.4% 32.5% 0.0 % 5.0 % 10. 0% 15. 0% 20. 0% 25. 0% 30. 0% 35. 0% 0.0 5.0 10. 0 15. 0 20. 0 25. 0 FY22 FY23 FY24 FY25 Q1FY26 6.4 7.0 10.0 12.5 13.6 34.7% 34.9% 33.8% 33.3% 33.0% 0.0 % 5.0 % 10. 0% 15. 0% 20. 0% 25. 0% 30. 0% 35. 0% 40. 0% 0.0 2.0 4.0 6.0 8.0 10. 0 12. 0 14. 0 16. 0 FY22 FY23 FY24 FY25 Q1FY26
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12 KFin Technologies Limited, Investor Presentation Q1 FY26 KFintech’s market share in NSE 500 companies By June 30, 2024 March 31, 2025 June 30, 2025 No of clients2 36.5% 37.4% 38.2% No of folios2 40.4% 42.0% 42.2% Market capitalization2 46.4% 49.6% 50.8% Issuer solutions - Maintaining the leadership position ▪ 880 clients added during Q1, taking total count to 8,867 clients ▪ New RTA mandates won during the quarter includes Canara HSBC Life Insurance Company Limited, ICICI Prudential Asset Management Company Limited, Meesho Limited, Pine Labs Limited, Prestige Hospitality Ventures Limited, Shiprocket Limited. ▪ Main Board IPOs managed by KFintech: 18.0% market share in terms of issue size and 40.0% market share in terms of number of IPOs in Q4 (1) End of period; (2) Based on the movement of clients in the NSE500 category +40.3% y-o-y +11.0% q-o-q +19.2% y-o-y -0.8% q-o-q No of investor folios1 (in million) No of corporate clients1 4,770 5,363 6,071 7,987 8,867 FY22 FY23 FY24 FY25 Q1FY26 103 110 124 164 163 FY22 FY23 FY24 FY25 Q1FY26
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13 KFin Technologies Limited, Investor Presentation Q1 FY26 (1) Metric as on June 30, 2025; 31 clients in Malaysia, 4 clients in Philippines, 1 client in Hong Kong, Singapore, Thailand, Middle East and Canada each and 29 clients in Gift city. Additionally, 5 clients in Malaysia, 2 clients in Singapore, 1 clients in Philippines and 5 clients in Gift city yet to go live; (2) During Jul’25; (3) represents end of period AAUM and transactions of clients in the Southeast Asia excluding the fund administration platform sale deals International investor solutions: Expanding global footprints • X new clients added during the quarter • AUM serviced during H1FY23 stood at ₹524 billion • Clients by location: Hongkong - x, Singapore - x, Malaysia – x, Philippines – x, Vietnam - x • Number of clients added during the quarter • Clients by location: Domestic – International - Growing global footprint ▪ Number of clients increased to 82 ▪ Won a full-service FA & TA deal from an existing AMC in Malaysia ▪ Won an LOI2 for full-service FA mandate from a corporate treasury desk in Malaysia ▪ Won maiden deal for mPowerWealth platform2 from a large AMC in Philippines ▪ Onboarded five funds in Gift City in Q1FY26, total number of funds increased to 35 Overall AAUM3 (₹ billion) +33.5% y-o-y +6.3% q-o-q Transaction volume3 (in million) -17.4% y-o-y -10.6% q-o-q No of clients1 Solutions No of Contracts RTA 65 Fund Administration 46 Malaysia (36) Philippines (5) Singapore (3) Hong Kong (1) India Canada (1) Gift City (34) Thailand (1) Middle East (1) 647 813 864 Q1FY25 Q4FY25 Q1FY26 1.00 0.92 0.82 Q1FY25 Q4FY25 Q1FY26 60 82 Q1FY25 Q1FY26
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14 KFin Technologies Limited, Investor Presentation Q1 FY26 Other investor solutions: Younger & faster growing businesses (1) End of period; Includes stamp duty and ISIN clients; (2) Based on total AIF registered with SEBI; (4) End of period, market share on overall subscribers’ base; AAUM1 (₹ billion) +38.1% y-o-y +10.7% q-o-q No of Clients1 Fund Administration Platform ▪ Total no of funds1 at 592, market share2 at 37.0% ▪ Won 23 new AIF funds including from Sorigin, Arnya RE Fund, Tata AMC, Multiples, etc. ▪ Won mandates for mPower Order Management System from two AMCs, including an AMC where KFintech is not an RTA ▪ Won a multi-year FA platform deal from a large private life insurance player in India ▪ 8 AMCs and 6 of 11 pension fund managers in India using mPower platform including 5 AMCs where KFin is not the RTA No of Subscribers4 & market share4 (in million) National Pension Scheme +32.2% y-o-y +3.2% q-o-q ▪ KFintech’s subscriber base grew by 32.2% Y-o-Y vs 12.7% Y-o-Y growth for the industry ▪ Added 52400 subscribers during Q1FY26 ▪ Added 483 corporate clients during Q1; Overall corporate clients’ base: 3,820 Market share on new subscriber addition in Q1FY26 at 12.3% No of Funds serviced by KFintech1 +21.1% y-o-y +4.0% q-o-q Alternates & Wealth 0.75 0.96 1.22 1.62 1.76.5% 7.3% 8.3% 9.8% 9.9% 0.0 % 2.0 % 4.0 % 6.0 % 8.0 % 10. 0% 12. 0% FY22 FY23 FY24 FY25 Q1FY26 268 411 472 569 592 FY22 FY23 FY24 FY25 Q1FY26 505 615 987 1,453 1,608 FY22 FY23 FY24 FY25 Q1FY26 24 24 24 24 25 10 12 12 12 12 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 India Overseas
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1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
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16 KFin Technologies Limited, Investor Presentation Q1 FY26 Financial Performance All figures are in ₹ million *Core revenue from operations (excluding global business solutions) grew by 19.4% y-o-y; **EBITDA for Q1FY26 includes one time impact of professional fee related to M&A advisory of ₹ 15.0 mn; ***End of period; ****EPS for the quarter is not annualised Particulars Q1FY26 Q1FY25 % Change Revenue from Operations* 2,740.6 2,375.6 15.4% y-o-y EBITDA** 1,138.6 996.6 14.2% y-o-y EBITDA Margin (%) 41.5% 42.0% 41 bps y-o-y PAT 772.6 680.7 13.5% y-o-y PAT Margin (%) 28.2% 28.7% 46 bps y-o-y Cash & Cash Equivalents*** 7,500.0 4,519.3 66.0% y-o-y Diluted EPS**** 4.45 3.94 13.0% y-o-y
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17 KFin Technologies Limited, Investor Presentation Q1 FY26 Quarterly Financial Trend 2,376 2,805 2,900 2,827 2,741 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 997 1,265 1,306 1,223 1,139 42.0% 45.1% 45.0% 43.2% 41.5% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Revenue from Operations EBITDA & Margin PAT & Margin 15.4% Y-o-Y All figures are in ₹ million 14.2% Y-o-Y 13.5% Y-o-Y 681 893 902 851 773 28.7% 31.8% 31.1% 30.1% 28.2% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26
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18 KFin Technologies Limited, Investor Presentation Q1 FY26 Yearly Financial Trend 4,811 6,395 7,200 8,375 10,908 FY21 FY22 FY23 FY24 FY25 2,124 2,879 2,980 3,666 4,790 44.1% 45.0% 41.4% 43.8% 43.9% FY21 FY22 FY23 FY24 FY25 1,143 1,485 1,957 2,460 3,326 23.8% 23.2% 27.2% 29.4% 30.5% FY21 FY22 FY23 FY24 FY25 All figures are in ₹ million Revenue from Operations EBITDA & Margin PAT & Margin 30.2% Y-o-Y 30.7% Y-o-Y 35.2% Y-o-Y
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19 KFin Technologies Limited, Investor Presentation Q1 FY26 Consolidated Financial Summary All figures in ₹ million *Revenue from operations (excluding global business solutions) grew by 19.4% y-o-y. International & Other Investor Solutions (excl. GBS) revenue grew by 29.3% y-o-y. GBS revenue: Q1FY26 – 14.5; Q4FY25 – 45.1; Q1FY25 – 92.4; Value-added- service (VAS) revenue (as % of overall revenue): Q1FY26 – 6.7%; Q4FY25 –7.0%; Q1FY25 – 5.5%; FY25 – 7.1%; **ESOP expenses:Q1FY26- 24.9; Q4FY25 –35.8; Q1FY25 – 31.1; FY25 – 139.3; ***Other expenses include one time M&A advisory cost of ₹ 15.0 mn in Q1FY26 Particulars Q1FY26 Q4FY25 Q-o-Q Q1FY25 Y-o-Y FY25 Revenue Domestic Mutual Fund Investor Solutions 2,013.9 1,969.8 2.2% 1,717.8 17.2% 7,704.0 Issuer Solutions 305.1 390.7 -21.9% 243.1 25.5% 1,404.0 International & Other Investor Solutions* 366.0 410.8 -10.9% 364.4 0.4% 1,555.1 Net Sale of Services 2,685.0 2,771.3 -3.1% 2,325.3 15.5% 10,663.1 Other Operating Revenue 55.6 55.7 -0.1% 50.3 10.5% 244.4 Revenue from operations* 2,740.6 2,827.0 -3.1% 2,375.6 15.4% 10,907.5 Employee benefits expense** 1,117.2 1,016.9 9.9% 958.4 16.6% 4,032.9 Other expenses*** 484.8 587.5 -17.5% 420.6 15.2% 2,084.6 Operating expenses 1,602.0 1,604.5 -0.2% 1,379.0 16.2% 6,117.5 EBITDA 1,138.6 1,222.5 -6.9% 996.6 14.2% 4,790.0 Margin 41.5% 43.2% 42.0% 43.9% Profit before tax (post share of JV) 1,049.1 1,142.3 -8.2% 918.1 14.3% 4,475.9 Margin 38.3% 40.4% 38.6% 41.0% Tax expense 276.5 291.7 -5.2% 237.3 16.5% 1149.7 Net Profit after tax 772.6 850.5 -9.2% 680.7 13.5% 3,326.3 Margin 28.2% 30.1% 28.7% 30.5% Diluted Earnings Per Share (EPS in ₹) 4.45 4.91 -9.3% 3.94 13.0% 19.27
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1. Company Overview 2. Key Highlights 3. Industry Highlights 4. Business Highlights 5. Financial Highlights 6. Team & Shareholding
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21 KFin Technologies Limited, Investor Presentation Q1 FY26 Leadership Team 22+ years of experience Previously served as Managing Director at Accenture Services and Transformation manager at IBM Global Services 18+ years of experience Previously worked at IndusInd Bank and Shinhan Bank Praveen Shankaran Chief Operating Officer – Domestic Mutual Fund Solutions 20+ years of experience in in leading sales, business development, marketing, and CRM Previously worked at HDFC AMC, Religare Invesco AMC, Sundaram BNP Paribas AMC Senthil Gunasekaran Chief Business Development Officer 33+ years of experience in software development, implementation and railway finance and accounts Previously worked at Michelin India, GE India Industrial, LinkedIn Technology Information Venkata Giri Vonkayala Chief Technology Officer Venkata Satya Naga Sreekanth Nadella Managing Director and Chief Executive Officer 25+ years of experience in human resources Previously worked at Atos, Syntel Inc, Eserve International (Citigroup), Aditya Birla TransWorks Sujay Puthran Chief People Officer 27+ years of experience in financial services Previously worked at GIC AMC Gopala Krishnan Giridhar Chief Business Officer - Issuer Solutions 10+ years of experience in system integration, sales & business development, relationship management, business operations and liaising in Malaysia Previously worked at AIA Pension and Asset Management Quah Meng Kee Regional Head – Southeast Asia 28+ years of experience Previously worked at Bharti BT Internet, American Express, Bajaj Capital, Cigna TTK Health Insurance Vivek Narayan Mathur Chief Financial Officer
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22 KFin Technologies Limited, Investor Presentation Q1 FY26 Board of Directors President – Sustainability and Strategic Projects at Kotak Mahindra Bank Limited. Over 33 years of experience in investment banking covering equity capital markets and M&A advisory Chetan Savla (Non-Executive Nominee Director) Over 15 years of experience in information and technology Principal at General Atlantic ex-Chief Technology Officer at Dun & Bradstreet and ex- CIO at Dun & Bradstreet South Asia Middle east Ltd., Ex- Chief information officer with Bharat Financial Inclusion Srinivas Peddada (Non-Executive Nominee Director) Chair: ITSC 5 Over 30 years of experience in India and Asia Pacific Chief Operating Officer and Operating Partner at General Atlantic Ex-Group CFO at WNS Group, Ex-Group CFO at Mphasis BFL Group. Fellow member of the Institute of Chartered Accountants of India Alok Chandra Misra (Non-Executive, Nominee Director) Chair : RMC 2 Managing Director in General Atlantic Pvt. Ltd. Over 17 years of experience in financial services, technology, healthcare and consumer sectors in India and Asia-Pacific region Shantanu Rastogi (Non-Executive Nominee Director) Chair: BD&SC 6 Ex-CMD of Union Bank of India & Ex-Chairman IBA; Director of TransUnion CIBIL Ex-non-executive chairman of SWIFT India Domestic Services 48 years of experience in financial services and advising fintech start ups Vishwanathan Mavila Nair (Chairman and Non- Executive Director) Founder of Viteos, Ex-CEO of Intertrust, Ex-Chief Strategy Officer of CSC 40+ years experience in global capital markets and asset management operations industry Shankar Iyer (Independent Director) 39 years of experience in private banking, alternative investments, including private equity funds and real estate funds Ex-joint MD at Kotak Mahindra Bank Prior to joining the Kotak Group, he was with Overseas Sanmar Financial Limited Chengalath Jayaram (Independent Director) Chair: SRC 1 NRC 3 Ex-general manager (operation and technology group head) at Samba Financial Group 30 years of experience in banking, finance, operations and technology, mergers and acquisitions, investment advisory and transformation projects Kaushik Mazumdar (Independent Director) Chair: Audit Committee 30 years of experience in digital transformation and IT products & services Served in various leadership roles at Microsoft India, Mindtree and IBM Radha Rajappa (Independent Director) Chair: CSR 4 Committee (1) Stakeholders’ Relationship Committee; (2) Risk Management Committee; (3) Nomination & Remuneration Committee; (4) Corporate Social Responsibility; (5) IT Strategy Committee; (6) Business Development & Strategy Committee
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23 KFin Technologies Limited, Investor Presentation Q1 FY26 Shareholding Pattern: as on 30th June 2025 Stock information BSE Ticker 543720 NSE Symbol KFINTECH Face Value (₹) 10.00 No. of shares outstanding 17,21,75,801 Free Float 10,90,86,518 Industry Depositories, Clearing Houses and Other Intermediaries Top Institutional Holders Aberdeen Axis MF Abu Dhabi Investment Authority Bajaj Allianz Life Insurance BlackRock Bandhan MF Candriam Edelweiss MF Capital Group HSBC MF Goldman Sachs IIFL AIF Grandeur Peak ITI MF Indus Capital Partners ICICI Prudential Life Insurance Norges Bank Investment Management Kotak Mahindra Bank Sixteenth Street Capital Kotak Mahindra MF Union Investment Financial Services Kotak Mahindra Bank Vanguard Nippon India MF Wasatch Advisors Pari Washington AIF William Blair Union MF Market Cap: ₹ 23,204 cr (as on 30th Jun’2025) Promoters (General Atlantic) 22.9% MFs 11.1%Banks, Insurance Cos & Other DIIs 12.6% FPIs 27.8% Others 25.6%
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Appendix KFINTECH EXPERIENCE TRANSFORMATION
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25 KFin Technologies Limited, Investor Presentation Q1 FY26 Ascent | KPIs in Numbers EoP Number of Funds under Administration EoP Assets under Administration EBITDA # Funds US$ Billion US$ Million Revenues US$ Million Ascent Fund Services follows August-July financial year. 200 302 494 449 606 FYE-Jul’22 FYE-Jul’23 FYE-Jul’24 9mE-Apr’24 9mE-Apr’25 +57% +35% 6.7 8.1 20.7 17.5 25.2 FYE-Jul’22 FYE-Jul’23 FYE-Jul’24 9mE-Apr’24 9mE-Apr’25 +21% +156% +44% -0.6 -0.7 -0.4 0.3 FYE-Jul’22 FYE-Jul’23 FYE-Jul’24 9mE-Apr’24 9mE-Apr’25 0.0 7.4 10.1 13.3 9.4 13.0 FYE-Jul’22 FYE-Jul’23 FYE-Jul’24 9mE-Apr’24 9mE-Apr’25 +34% +39%
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26 KFin Technologies Limited, Investor Presentation Q1 FY26 Our Journey So Far Note: Years represent calendar year ending 31st Dec; (1) Divested entire stake of 20.95% in July’24 Investor Solutions Digital enabled solutionsOur Offerings ✓ Domestic Mutual Fund ✓ International solutions ✓ Alternatives and Wealth management ✓ Pension ◼ Launch of Issuer Solutions Business ◼ Launch of Pension Services Business ◼ General Atlantic buyout ◼ Launch of Investor solutions (Domestic Mutual Fund Solutions Business) - ◼ New CEO appointed ◼ Acquired Sundaram BNP Paribas Fund Services RTA1 business ◼ Acquired Hexagram (fund accounting) ◼ Listed on NSE & BSE ◼ New chairman of the board appointed ◼ Kotak Mahindra Bank acquired 9.9% stake 20101985 2018 2020 2022 1995 2019 2021 ◼ International investor solutions business in South-East Asia ◼ Launch of Alternative and Wealth Management Business 2023 ◼ Investment in OneMoney (AA)1 ◼ Acquired WebileApps 2024 ◼ Selected by Blackrock Aladdin Provider Network as ninth global FA partner Issuer Solutions
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27 KFin Technologies Limited, Investor Presentation Q1 FY26 Our Growth Strategies Attract and retain talent Maintain market leadership by further deepening relationship with existing clients Expand client base and market share through enhanced sales and marketing Investing in technology solutions and product innovation Focused, selective international expansion Pursue strategic acquisitions 1 2 34 5 6
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28 KFin Technologies Limited, Investor Presentation Q1 FY26 Thank You!