Block Deal: Kfin Tech Shares In Focus As Promoter Eyes 6% Stake Sale Today

KFin Technologies Ltd is successful attraction connected Thursday amid a study suggesting General Atlantic was looking to offload 6 per cent liking successful nan solutions supplier for finance managers and intermediaries. General Atlantic Singapore Fund Pte. Ltd is nan a promoter entity of KFin Technologies, which on pinch General Atlantic Singapore KFT Pte Ltd, owned 32.91 per cent liking successful nan financial services firm.

The backstage equity patient could trim its liking successful KFin Tech by astir 6 per cent of nan company’s full outstanding shares done artifact deals, sources told CNBC-TV18. The report, quoting sources, further suggested that waste is expected to beryllium executed astatine a discount of 5-8 per cent complete Wednesday's closing price. Business Today could not independently verify nan news report.

In a statement connected April 29, MOFSL said structural tailwinds successful nan communal money manufacture are expected to thrust absolute maturation successful KFin Tech's MF revenues. 

"With its differentiated ‘platform-as-a-service’ exemplary offering comprehensive, end-to-end solutions powered by proprietary technology, nan institution is well-positioned to capitalize connected beardown maturation opportunities successful some Indian and world markets," MOFSL said.

It noted that nan caller strategical finance successful Ascent Fund Services marked a important milestone, positioning KFin Tech arsenic nan first world money administrator based successful India. 

"This acquisition provides entree to a diversified customer guidelines crossed aggregate geographies, a seasoned activity team, and robust maturation potential. By leveraging Ascent’s customer acquisition strengths, on pinch KFin Tech's  technological capabilities and strategical business pinch BlackRock’s Aladdin Provider Network, nan institution is well-positioned to thrust sustained maturation and grow marketplace stock crossed segments," MOFSL said.

Nuvama weighted KFin Tech connected an SotP ground by assigning FY27E halfway conception profits yielding a target of Rs 1,443 from Rs 1,230 earlier. Given nan Ascent acquisition, beardown woody pipeline and scope for EBITDA separator description , we support ‘BUY’, it said connected April 29.

MOFSL has trim its net estimates for FY26 and FY27 by 3-5 per cent owed to little AUM maturation expected successful FY26. It expects gross and PAT for KFin Tech to turn astatine 18 per cent and 21 per cent complete FY25-27. 

"We support a Neutral standing connected nan banal pinch a one-year TP of Rs 1,150, premised astatine a P/E aggregate of 40x connected FY27E earnings," it said.
 

Published on: May 8, 2025 8:04 AM IST