KFINTECH
Kfin Technologies Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
KFINTECH
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹938 today
BEAR
₹918
-2%
36% a year · 33.9x exit
BASE
₹1,446
+54%
62.2% a year · 44.8x exit
BULL
₹1,896
+102%
84.6% a year · 51.6x exit
Where the market has priced it
24x47x today53x
- multiple band rests on only 4 filed years
- FY27 one quarter filed — the pace is shown, not judged: guided +35.0%, filed +30.3% across 1 quarter(s)
- this company's own median multiple sits 63% above its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹19.92 (screener) |
|---|---|
| Guided growth | 62.2% a year, said on the call of 07-May-2026 · transcript |
| Read across as | operating: revenue growth x margin change — high confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 33.89x / 44.76x / 51.57x, this company’s own p20 / median / p80 across 4 filed years |
| Filed-industry peers | median 27.38x across 20 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
ebitda growth 5%revenue growth 35%generic growth 10%ebitda margin 40.7%
EBITDA growth about 5% and margins have compressed and one would expect it to given we have added nearly -- on an annualized basis, little over $22 million of international revenue with little to no margin given the very early stage of the
Call 07-May-2026 · bridge confidence high · transcript PDF
Pace against its own guidance
FY27
one quarter filed — the pace is shown, not judged
guided 35.0%
filed 30.3%
1 of 4 quarters