KFin Technologies Share Price: 22.4% CAGR in 3 Years as This Newer Market Infrastructure Stock Takes On CAMS and CDSL
- November 4, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
KFin Technologies Share Price: 22.4% CAGR in 3 Years as This Newer Market Infrastructure Stock Takes On CAMS and CDSL
KFin Technologies previous close Rs 861.60. 3-year CAGR 22.4%. Up 1.8x since 3 Nov 2023. ROE 21.47%. Dividend yield 1.39%.
Quick Answer
The KFin Technologies share price closed at Rs 861.60 on 3 November 2026, a compounded annual return of 22.4% over three years. That compares with Computer Age Management Services (CAMS) at 12.8% and Central Depository Services (CDSL) at 19.2%. The company has a market cap of Rs 14,908 crore and a P/E of 42.75 against an industry P/E of 42.65.
The KFin Technologies share price is a useful window into how India’s financial plumbing companies are valued. KFin Technologies provides registrar and transfer agent services to mutual funds and companies, competing directly with CAMS, and it sits in the same corner of the market as the depository CDSL.
We measure three-year CAGR for all three, line them up with market cap, P/E, return on equity and debt, and explain why the ranking looks the way it does. Prices are adjusted for corporate actions, so the comparison is fair.
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How Much Has the KFin Technologies Share Price Returned in 3 Years?
The KFin Technologies stock closed at Rs 469.70 on 3 November 2023 and at Rs 861.60 on 3 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 1.83 lakh, which is a CAGR of 22.4%. This is a price return and leaves out dividends.
CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as KFin Technologies can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.
These are asset-light businesses that earn fees from market activity, which is why the KFin Technologies share price tends to move with the volume of mutual fund flows, demat accounts and corporate actions. Broker-linked names such as Angel One respond to the same trading-activity cycle.
KFin Technologies vs Computer Age Management Services (CAMS) and Central Depository Services (CDSL): 3-Year CAGR Compared
The table ranks the companies by three-year CAGR. Prices on 3 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 3 November 2026.
| Company | Close on 3 Nov 2023 | Previous close (3 Nov 2026) | Price multiple | 3-year CAGR |
|---|---|---|---|---|
| KFin Technologies | Rs 469.70 | Rs 861.60 | 1.8x | 22.4% |
| Central Depository Services (CDSL) | Rs 780.25 | Rs 1,320.00 | 1.7x | 19.2% |
| Computer Age Management Services (CAMS) | Rs 478.13 | Rs 687.00 | 1.4x | 12.8% |
The KFin Technologies stock leads the group at 22.4%, followed by Central Depository Services (CDSL) at 19.2% and Computer Age Management Services (CAMS) at 12.8%. Each company here has earned investors a double-digit annual return, and the spread reflects different growth paths. Being a fee-based business gives all three a similar earnings profile, so the differences come mostly from growth pace and valuation.
Look at the KFin Technologies share price alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.
Valuation and Quality Compared
| Company | Market cap | P/E | Industry P/E | ROE | Debt to equity |
|---|---|---|---|---|---|
| Central Depository Services (CDSL) | Rs 27,588 crore | 54.77 | 42.65 | 25.46% | 0.00 |
| Computer Age Management Services (CAMS) | Rs 17,078 crore | 33.64 | 42.65 | 35.48% | 0.04 |
| KFin Technologies | Rs 14,908 crore | 42.75 | 42.65 | 21.47% | 0.05 |
By market cap, Central Depository Services (CDSL) is the largest of the group at Rs 27,588 crore, while the KFin Technologies stock stands at Rs 14,908 crore, about 54% of that size. On earnings, KFin Technologies shares trade at a P/E of 42.75 against an industry P/E of 42.65, a premium of about 0%, which signals that the market expects faster earnings growth. Peer multiples are Computer Age Management Services (CAMS) at 33.64 and Central Depository Services (CDSL) at 54.77.
Return on equity is 21.47% for the KFin Technologies stock, which ranks third among the three, and debt to equity stands at 0.05. Trailing EPS is Rs 20.17. Fee-based market infrastructure companies earn high returns on capital because they need little debt or physical assets, which is why ROE figures in this group are among the strongest in the market.
What Is Driving the KFin Technologies Stock?
KFin Technologies acts as a registrar and transfer agent for mutual funds, alternative investment funds and companies. It processes investor transactions, maintains unit-holder records and handles corporate action work such as dividends and share transfers. It also runs issuer services for IPOs and a growing set of technology services for global clients.
The business benefits from the rise in systematic investment plans and the steady addition of new investors to mutual funds. As assets under management grow, the volume of folios and transactions handled by RTAs grows with it, which supports revenue without a matching rise in cost.
Followers of the KFin Technologies share price generally track mutual fund industry folio growth, market share against its main rival, and the contribution of newer lines such as international business and corporate services.
How the Established Players Stack Up
Computer Age Management Services (CAMS) is the market leader among mutual fund RTAs. It compounded at 12.8% a year, trades at a P/E of 33.64 and earns an ROE of 35.48%, the highest in the group, with a dividend yield of 1.82%.
Central Depository Services (CDSL) is one of India’s two depositories and benefits whenever new demat accounts open or trading volumes rise. It compounded at 19.2% a year on a market cap of Rs 27,588 crore, with no debt and a P/E of 54.77.
What Should Investors Track Next?
Three things to follow on the KFin Technologies share price. First, mutual fund folio and SIP growth, which feeds transaction volume. Second, its market share trend against CAMS. Third, margins from the new international and corporate services lines.
The P/E of 42.75 is in line with the industry at 42.65, so growth has to come from earnings rather than from a re-rating. Market-linked businesses can also see activity slow when markets turn cautious.
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How to Compare Capital Market Infrastructure Stocks Yourself
You can repeat this exercise for any pair of stocks, including the KFin Technologies stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P/E against the industry P/E, ROE and debt to equity. Benchmark the result against the Nifty 50 as well, so you know whether the stock beat the broader market.
A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the KFin Technologies share price, the same four checks give a more complete picture than price alone.
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A Steady Compounder in India’s Market Infrastructure
The KFin Technologies share price has compounded at 22.4% a year over three years, ahead of CAMS at 12.8% and CDSL at 19.2%. That sits on a base of high return on equity and almost no debt.
Because the P/E is close to the industry average, the story from here is about earnings delivery. All three companies share the same tailwind of rising financial participation, so the choice often comes down to price paid and the growth lines you prefer.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the KFin Technologies share price today?
Ans. KFin Technologies closed at Rs 861.60 on 3 November 2026, according to NSE data. It has a market cap of Rs 14,908 crore and a P/E of 42.75. Check live quotes before acting, as prices change every trading day.
What is the 3-year CAGR of the KFin Technologies stock?
Ans. KFin Technologies delivered a price CAGR of 22.4% over three years, moving from Rs 469.70 on 3 November 2023 to Rs 861.60 on 3 November 2026. The figure excludes dividends and uses adjusted closing prices.
Is KFin Technologies better than CAMS?
Ans. The KFin Technologies stock delivered a higher three-year CAGR at 22.4% than CAMS at 12.8%. CAMS is the market leader with an ROE of 35.48% against 21.47% for KFin. The better pick depends on valuation and growth expectations.
What does KFin Technologies do?
Ans. KFin Technologies is a registrar and transfer agent for mutual funds and companies in India. It processes investor transactions, maintains records, runs issuer services for IPOs and offers technology services to global clients.
Is the KFin Technologies stock debt free?
Ans. The debt to equity ratio of the KFin Technologies stock is 0.05 and its return on equity is 21.47%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.
Is KFin Technologies expensive compared with the industry?
Ans. KFin Technologies trades at a P/E of 42.75 against an industry P/E of 42.65. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.
Which capital market infrastructure stock gave the highest return in 3 years?
Ans. Among the companies compared here, KFin Technologies delivered the highest three-year CAGR at 22.4%, followed by Central Depository Services (CDSL) at 19.2%. Past returns do not guarantee future performance.
How do I calculate CAGR for a stock?
Ans. Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.
