India, Nov. 3 -- KFin Technologies has been expanding beyond its traditional mutual fund servicing business, with its acquisition of Ascent Fund Services strengthening its presence in international fund administration. While this expansion has accelerated revenue growth, profitability has improved much more slowly. The question is whether international expansion can generate sufficient profits to justify its valuation.

With a market capitalization of Rs. 14,898.12 crore, the shares of KFin Technologies Ltd were trading at Rs. 861.80 per share, up 0.74 percent from its previous closing price of Rs. 855.45 apiece. The stock trades at a P/E of 42.78x on a consolidated basis. Revenue Growth Outpaces Profitability For Q2 FY27, KFin Technolog...