Balance Sheet KFin Technologies Limited

Equities

KFINTECH

INE138Y01010

Financial Technology (Fintech)

Market Closed - NSE India S.E. Other stock markets 05:10:30 13/09/2024 pm IST			5-day change	1st Jan Change
1,021.15 ^INR	+2.17%		+3.19%	+111.55%

03/09	KFin Technologies Launches Omnichannel Wealth Management Solution	MT
03/09	KFin Technologies Unveils mPower Wealth to Transform Wealth Management	CI

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Published financial data: KFIN TECHNOLOGIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	4.5B	4.81B	6.4B	7.2B	8.38B
Interest And Invest. Income (Rev)	44.88M	24.36M	48.76M	98.09M	231M
Other Revenues, Total	610K	4.31M	2.61M	2.21M	-
Total Revenues	4.54B	4.84B	6.45B	7.3B	8.61B
Cost of Goods Sold, Total	1.94B	1.89B	2.32B	2.91B	3.21B
Gross Profit	2.6B	2.95B	4.12B	4.4B	5.4B
Selling General & Admin Expenses, Total	59.37M	63.89M	35.56M	53.03M	74.81M
Depreciation & Amortization - (IS)	251M	311M	370M	467M	525M
Other Operating Expenses	913M	726M	1.16B	1.26B	1.42B
Other Operating Expenses, Total	1.22B	1.1B	1.56B	1.78B	2.02B
Operating Income	1.38B	1.85B	2.56B	2.62B	3.37B
Interest Expense, Total	-533M	-520M	-529M	-106M	-84.35M
Interest And Investment Income	-	8.2M	-	58.81M	10.57M
Net Interest Expenses	-533M	-511M	-529M	-47.63M	-73.78M
Income (Loss) On Equity Invest.	-	-	-	-	-24.08M
Currency Exchange Gains (Loss)	3.53M	-4.71M	-760K	1.51M	-3.74M
Other Non Operating Income (Expenses)	-	880K	1.14M	12.88M	3.53M
EBT, Excl. Unusual Items	851M	1.34B	2.03B	2.58B	3.28B
Impairment of Goodwill	-671M	-669M	-	-	-
Gain (Loss) On Sale Of Investments	-	-7.21M	-130K	-	-
Gain (Loss) On Sale Of Assets	1.27M	990K	1.41M	-1.04M	100K
Asset Writedown	-	-	-	-	-4.8M
Other Unusual Items	3.65M	11.8M	6.65M	940K	1.69M
EBT, Incl. Unusual Items	185M	675M	2.04B	2.58B	3.27B
Income Tax Expense	140M	1.32B	555M	625M	813M
Earnings From Continuing Operations	45.23M	-645M	1.49B	1.96B	2.46B
Net Income to Company	45.23M	-645M	1.49B	1.96B	2.46B
Net Income - (IS)	45.23M	-645M	1.49B	1.96B	2.46B
Net Income to Common Incl Extra Items	45.23M	-645M	1.49B	1.96B	2.46B
Net Income to Common Excl. Extra Items	45.23M	-645M	1.49B	1.96B	2.46B
Per Share Items
Net EPS - Basic	0.28	-4.28	9.44	11.66	14.46
Basic EPS - Continuing Operations	0.28	-4.28	9.44	11.66	14.46
Basic Weighted Average Shares Outstanding	159M	151M	157M	168M	170M
Net EPS - Diluted	0.28	-4.28	9.36	11.52	14.34
Diluted EPS - Continuing Operations	0.28	-4.28	9.36	11.52	14.34
Diluted Weighted Average Shares Outstanding	159M	151M	159M	170M	172M
Normalized Basic EPS	3.35	5.55	8.07	9.62	12.03
Normalized Diluted EPS	3.35	5.55	8	9.5	11.94
Dividend Per Share	-	-	-	-	5.75
Supplemental Items
EBITDA	1.52B	2.02B	2.71B	2.85B	3.62B
EBITA	1.4B	1.9B	2.58B	2.67B	3.44B
EBIT	1.38B	1.85B	2.56B	2.62B	3.37B
EBITDAR	1.57B	2.08B	2.74B	2.88B	3.67B
Total Revenues (As Reported)	4.55B	4.86B	6.46B	7.38B	8.62B
Effective Tax Rate - (Ratio)	75.56	195.55	27.18	24.2	24.84
Total Current Taxes	2.75M	23.71M	583M	646M	794M
Total Deferred Taxes	137M	1.3B	-28.83M	-17.18M	19.24M
Normalized Net Income	532M	837M	1.27B	1.61B	2.05B
Interest on Long-Term Debt	532M	520M	444M	103M	78.3M
Non-Cash Pension Expense	320K	2.84M	5.72M	1.99M	-390K
Supplemental Operating Expense Items
Advertising Expense	8.59M	4.08M	5.46M	18.32M	28.57M
Selling and Marketing Expenses	8.59M	4.08M	5.46M	18.32M	28.57M
Net Rental Expense, Total	50.78M	59.81M	30.1M	34.71M	46.24M
Imputed Operating Lease Interest Expense	51.06M	62.48M	46.97M	18.5M	29.93M
Imputed Operating Lease Depreciation	-282K	-2.67M	-16.87M	16.21M	16.31M
Maintenance & Repair Expenses, Total	-	-	-	10.91M	12.23M
Stock-Based Comp., COGS (Total)	16.81M	12.16M	91.55M	82.9M	26.22M
Total Stock-Based Compensation	16.81M	12.16M	91.55M	82.9M	26.22M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	117M	229M	450M	718M	564M
Short Term Investments	34.4M	820K	300K	81.04M	1.95B
Trading Asset Securities, Total	135M	949M	931M	2.22B	1.46B
Total Cash And Short Term Investments	286M	1.18B	1.38B	3.02B	3.97B
Accounts Receivable, Total	956M	1.11B	1.13B	1.27B	1.52B
Other Receivables	-	113M	96.34M	153M	124M
Notes Receivable	3.45M	2.69M	1.41M	-	-
Total Receivables	959M	1.22B	1.22B	1.42B	1.64B
Inventory	15.75M	23.7M	23.91M	22.88M	14.73M
Prepaid Expenses	31.05M	51.63M	62.46M	145M	197M
Other Current Assets, Total	39.96M	15.64M	98.46M	144M	82.89M
Total Current Assets	1.33B	2.49B	2.79B	4.75B	5.91B
Gross Property Plant And Equipment	963M	1.09B	1.4B	1.57B	2.13B
Accumulated Depreciation	-253M	-472M	-719M	-901M	-1.19B
Net Property Plant And Equipment	710M	622M	681M	672M	936M
Long-term Investments	-	-	10K	65.42M	50.96M
Goodwill	5.91B	5.25B	5.43B	5.43B	5.53B
Other Intangibles, Total	290M	453M	916M	1.21B	1.55B
Deferred Tax Assets Long-Term	48.07M	-	-	8.81M	3.83M
Deferred Charges Long-Term	-	-	-	-	13.19M
Other Long-Term Assets, Total	389M	413M	443M	379M	197M
Total Assets	8.68B	9.23B	10.26B	12.51B	14.19B
Liabilities
Accounts Payable, Total	204M	253M	255M	261M	355M
Accrued Expenses, Total	133M	269M	373M	421M	486M
Current Portion of Long-Term Debt	321M	522M	-	1.3B	-
Current Portion of Leases	96.43M	101M	121M	46.17M	107M
Current Income Taxes Payable	9.35M	12.98M	124M	154M	54.43M
Unearned Revenue Current, Total	35.57M	42.2M	55.67M	38.86M	50.24M
Other Current Liabilities	22.34M	35.6M	87.55M	104M	96.88M
Total Current Liabilities	822M	1.24B	1.02B	2.33B	1.15B
Long-Term Debt	3.43B	2.94B	1.23B	-	-
Long-Term Leases	282M	263M	251M	252M	380M
Pension & Other Post Retirement Benefits	39.11M	61.35M	67.93M	2.71M	5.27M
Deferred Tax Liability Non Current	-	1.25B	1.24B	1.23B	1.24B
Other Non Current Liabilities	12.61M	13.58M	23.07M	3.19M	3.78M
Total Liabilities	4.59B	5.76B	3.82B	3.81B	2.78B
Common Stock, Total	1.51B	1.51B	1.68B	1.69B	1.71B
Additional Paid In Capital	2.28B	2.28B	5.01B	5.26B	5.54B
Retained Earnings	60.02M	-581M	-512M	1.44B	3.9B
Comprehensive Income and Other	245M	255M	274M	305M	256M
Total Common Equity	4.1B	3.46B	6.44B	8.7B	11.41B
Total Equity	4.1B	3.46B	6.44B	8.7B	11.41B
Total Liabilities And Equity	8.68B	9.23B	10.26B	12.51B	14.19B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	159M	151M	168M	169M	171M
ECS Total Common Shares Outstanding	159M	151M	168M	169M	171M
Book Value / Share	25.8	22.96	38.45	51.42	66.73
Tangible Book Value	-2.11B	-2.23B	93.57M	2.06B	4.34B
Tangible Book Value Per Share	-13.28	-14.81	0.56	12.19	25.36
Total Debt	4.13B	3.83B	1.6B	1.6B	487M
Net Debt	3.85B	2.65B	215M	-1.42B	-3.49B
Debt Equivalent of Unfunded Proj. Benefit Obligation	50.34M	63.06M	70.79M	-30K	12.83M
Debt Equivalent Oper. Leases	406M	478M	241M	278M	370M
Equity Method Investments, Total	-	-	-	65M	40.92M
Account Code - Inventory Valuation	-	3	3	3	3
Machinery, Total	351M	394M	582M	747M	981M
Full Time Employees	-	4.9K	5.44K	5.13K	5.6K
Accumulated Allowance for Doubtful Accounts (Supple)	129M	144M	201M	160M	118M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	45.23M	-645M	1.49B	1.96B	2.46B
Depreciation & Amortization - CF	208M	233M	238M	293M	302M
Amortization of Goodwill and Intangible Assets - (CF)	17.02M	43.75M	22.68M	57.63M	65.97M
Depreciation & Amortization, Total	225M	277M	261M	351M	368M
Amortization of Deferred Charges, Total - (CF)	25.58M	33.81M	109M	116M	157M
(Gain) Loss From Sale Of Asset	-1.27M	-990K	-1.41M	1.04M	-100K
(Gain) Loss on Sale of Investments - (CF)	-	7.21M	130K	-	-
Asset Writedown & Restructuring Costs	671M	668M	-1.14M	-12.88M	4.4M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	24.08M
Stock-Based Compensation (CF)	16.81M	12.16M	91.55M	82.9M	26.22M
Provision and Write-off of Bad Debts	48.66M	12.83M	80.87M	-15.64M	43.61M
Other Operating Activities, Total	320M	1.78B	533M	10.63M	3.01M
Change In Accounts Receivable	-37.89M	-261M	-79.01M	-122M	-280M
Change In Accounts Payable	-11.96M	42.13M	-43.82M	7.14M	93.99M
Change in Other Net Operating Assets	-288M	121M	90.47M	-142M	-8.2M
Cash from Operations	1.01B	2.05B	2.53B	2.23B	2.89B
Capital Expenditure	-49.04M	-56.46M	-205M	-231M	-279M
Sale of Property, Plant, and Equipment	-	-	-	-	2.66M
Cash Acquisitions	-265M	-	-241M	-	-110M
Sale (Purchase) of Intangible assets	-25.84M	-241M	-476M	-463M	-572M
Investment in Marketable and Equity Securities, Total	1.23B	-762M	-278M	-1.5B	-1B
Other Investing Activities, Total	43.29M	21.9M	45.97M	153M	186M
Cash from Investing	930M	-1.04B	-1.15B	-2.04B	-1.78B
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-251M	-438M	-3.65B	-140M	-109M
Total Debt Repaid	-251M	-438M	-3.65B	-140M	-109M
Issuance of Common Stock	-	-	3.1B	212M	221M
Repurchase of Common Stock	-1.16B	-	-	-	-
Issuance of Preferred Stock	-	-	200K	-	-
Repurchase of Preferred Stock	-	-	-	-	-1.34B
Other Financing Activities, Total	-652M	-456M	-602M	-	-38.79M
Cash from Financing	-2.06B	-894M	-1.15B	72.53M	-1.27B
Foreign Exchange Rate Adjustments	5.76M	-2.37M	2.58M	4.99M	-3.28M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-110M	113M	221M	268M	-154M
Supplemental Items
Cash Interest Paid	652M	456M	392M	-	38.79M
Cash Income Tax Paid (Refund)	300M	28.67M	497M	562M	657M
Levered Free Cash Flow	529M	801M	1.24B	1.19B	1.61B
Unlevered Free Cash Flow	862M	1.13B	1.57B	1.25B	1.67B
Change In Net Working Capital	194M	58.44M	-187M	238M	145M
Net Debt Issued / Repaid	-251M	-438M	-3.65B	-140M	-109M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	9.13	12.94	16.42	14.35	15.8
Return on Total Capital	9.71	14.93	20.88	17.83	19.01
Return On Equity %	0.97	-17.07	29.99	25.85	24.47
Return on Common Equity	0.97	-17.07	29.99	25.85	24.47
Margin Analysis
Gross Profit Margin %	57.31	61.03	63.94	60.21	62.71
SG&A Margin	1.31	1.32	0.55	0.73	0.87
EBITDA Margin %	33.49	41.74	42	38.98	42.1
EBITA Margin %	30.76	39.21	40.07	36.62	39.98
EBIT Margin %	30.38	38.3	39.72	35.83	39.22
Income From Continuing Operations Margin %	1	-13.33	23.04	26.81	28.59
Net Income Margin %	1	-13.33	23.04	26.81	28.59
Net Avail. For Common Margin %	1	-13.33	23.04	26.81	28.59
Normalized Net Income Margin	11.71	17.29	19.7	22.11	23.8
Levered Free Cash Flow Margin	11.64	16.56	19.2	16.25	18.74
Unlevered Free Cash Flow Margin	18.97	23.26	24.33	17.17	19.35
Asset Turnover
Asset Turnover	0.48	0.54	0.66	0.64	0.64
Fixed Assets Turnover	6.59	7.27	9.89	10.79	10.71
Receivables Turnover (Average Receivables)	4.72	4.67	5.73	6.02	6.02
Inventory Turnover (Average Inventory)	188.7	95.62	97.66	124.18	170.64
Short Term Liquidity
Current Ratio	1.62	2.02	2.75	2.04	5.14
Quick Ratio	1.51	1.94	2.56	1.91	4.89
Operating Cash Flow to Current Liabilities	1.23	1.66	2.49	0.96	2.52
Days Sales Outstanding (Average Receivables)	77.62	78.19	63.69	60.61	60.84
Days Outstanding Inventory (Average Inventory)	1.94	3.82	3.74	2.94	2.14
Average Days Payable Outstanding	40.03	44.01	39.87	32.47	35.22
Cash Conversion Cycle (Average Days)	39.52	38	27.56	31.08	27.76
Long Term Solvency
Total Debt/Equity	100.9	110.43	24.78	18.37	4.26
Total Debt / Total Capital	50.22	52.48	19.86	15.52	4.09
LT Debt/Equity	90.7	92.42	22.9	2.89	3.33
Long-Term Debt / Total Capital	45.15	43.92	18.35	2.44	3.19
Total Liabilities / Total Assets	52.83	62.45	37.22	30.45	19.57
EBIT / Interest Expense	2.59	3.57	4.84	24.57	40.01
EBITDA / Interest Expense	3.01	4.1	5.34	27.87	44.37
(EBITDA - Capex) / Interest Expense	2.92	3.99	4.95	25.7	41.07
Total Debt / EBITDA	2.57	1.8	0.57	0.54	0.13
Net Debt / EBITDA	2.39	1.24	0.08	-0.48	-0.93
Total Debt / (EBITDA - Capex)	2.65	1.84	0.61	0.58	0.14
Net Debt / (EBITDA - Capex)	2.47	1.28	0.08	-0.52	-1.01
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	176.05	6.51	33.19	13.25	17.92
Gross Profit, 1 Yr. Growth %	162.07	13.43	39.52	6.84	22.85
EBITDA, 1 Yr. Growth %	139.52	32.73	34.03	3.48	27.41
EBITA, 1 Yr. Growth %	136.64	35.77	36.13	2.54	28.83
EBIT, 1 Yr. Growth %	133.76	34.27	38.12	2.15	29.14
Earnings From Cont. Operations, 1 Yr. Growth %	-49.49	-1.53K	-330.28	31.77	25.7
Net Income, 1 Yr. Growth %	-49.49	-1.53K	-330.28	31.77	25.7
Normalized Net Income, 1 Yr. Growth %	120.65	57.27	51.79	27.02	26.9
Diluted EPS Before Extra, 1 Yr. Growth %	-80.82	-1.63K	-318.69	23.08	24.48
Accounts Receivable, 1 Yr. Growth %	0.33	15.73	1.81	12.39