KFin Technologies Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹16,409 Cr
- Book Value
- ₹96.9
- Stock P/E
- 46.8
- Dividend Yield
- 1.26%
- ROE
- 21.6%
- ROCE
- 29.2%
- PEG Ratio
- 0.97
- EV/EBITDA
- 28.0
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
KFin Technologies share price today
KFin Technologies (NSE: KFINTECH) is the other half of the mutual-fund plumbing duopoly: registrar and transfer agent to the roughly-30% of industry AUM CAMS doesn’t hold, plus the pieces CAMS lacks — issuer solutions (corporate registry for thousands of listed companies), pension (NPS) infrastructure, and an international RTA business across Malaysia, Philippines, Singapore and the Gulf that no Indian rival matches. Five-year profit CAGR: 48.3%, at 38.8% operating margins.
At 46.8× with a PEG of 0.97, our universe tags it wait — duopoly infrastructure with genuine growth options, priced as exactly that.
The faster-growing half
Same switching-cost physics as CAMS — folio migration is a regulatory ordeal nobody undertakes — but KFin’s mix grows faster: its AMC clients skew newer (growing off smaller bases), issuer solutions compound with listings and corporate actions, and the international arm exports the model to markets a decade behind India’s fund boom. The PE-era overhang (promoter holding 22.8% post-General Atlantic) keeps the multiple honest relative to CAMS.
Watch-items: fee renegotiations with large AMC clients, international contract wins (the differentiator), the promoter sell-down path, and market-cycle AUM sensitivity shared with the whole ecosystem.
The numbers
From our research universe snapshot (5 Aug 2026):
| Metric | Value |
|---|---|
| Market cap | ₹16,409 Cr |
| P/E (TTM) | 46.8 |
| EV/EBITDA | 28.0 |
| Operating margin | 38.8% |
| ROE / ROCE | 21.6% / 29.2% |
| Debt to equity | 0.03 |
| Sales CAGR (5y) | 22.0% |
| Profit CAGR (5y) | 48.3% |
| Promoter holding | 22.8% |
| EPS (TTM) | ₹20.26 |
KFin Technologies share price target 2026 to 2030
EPS base ₹20.26 (TTM). Bear: fee pressure plus a flat market — 10% growth, multiple at 28×. Base: the duopoly compounds with international wins — 16% growth at 38×. Bull: global RTA expansion inflects — 22% growth at 48×.
| Year | Bear (28×, +10%) | Base (38×, +16%) | Bull (48×, +22%) |
|---|---|---|---|
| 2026 | ₹624 | ₹893 | ₹1,185 |
| 2027 | ₹686 | ₹1,035 | ₹1,445 |
| 2028 | ₹755 | ₹1,200 | ₹1,765 |
| 2029 | ₹831 | ₹1,395 | ₹2,155 |
| 2030 | ₹914 | ₹1,615 | ₹2,630 |
From ₹949, the base case is ≈ +70% over four and a half years plus the 1.3% yield; the bear is −4%. Owning both RTA halves owns the industry — this is the half with the faster engine and the cheaper PEG.
Reasons to own KFin Technologies (at the right price)
- Duopoly switching costs — the same migration-proof moat as its larger peer.
- Issuer solutions and NPS add annuity lines CAMS doesn’t have.
- The international RTA export is genuine optionality on Asian fund growth.
- PEG 0.97 with 48% five-year profit CAGR — growth cheaper than the peer’s.
- 39% margins with negligible debt.
The risks: the PE-era promoter stake (22.8%) means periodic supply, large clients renegotiate fees hard, and every RTA’s revenue marks down with the market.
Should you buy at the current price?
The live buy range below is for members — the faster half at the fairer price.
FAQ
What is the KFin Technologies share price target for 2030? Base case ≈ ₹1,615 (38× on 16% compounded growth), bear ≈ ₹914, bull ≈ ₹2,630. Arithmetic above.
How does KFin differ from CAMS? Smaller MF-RTA share but faster-growing clients, plus issuer solutions, NPS infrastructure and an international RTA business CAMS lacks. CAMS is the incumbent’s premium; KFin is the challenger’s growth.
What is issuer solutions? Corporate registry services — managing shareholder records, dividends, AGMs and corporate actions for listed companies. A steady annuity that compounds with India’s listing count.
When are KFin’s next results? Track the exact date on our results calendar.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.