KIFS Financial Services Ltd

About

KIFS Financial Services Limited operates as a non-banking financial and investment and credit company in India. It provides capital market products, including margin trading, loans against shares and securities, funding market issues for the retail investors, IPO and FPO funding, and other products. The company was formerly known as Khandwala Capital Services Limited. KIFS Financial Services Limited was incorporated in 1995 and is based in Ahmedabad, India. KIFS Financial Services Limited is a subsidiary of Khandwala Commercial Private Limited.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Expenses	0.20	1.03	0.17	0.17	0.21	0.18	0.15	0.12	0.19	0.72	0.19	0.15	0.16
Other Income	0.00	0.00	0.00	0.00	0.00	4.04	0.00	0.00	0.00	0.01	0.00	0.00	0.00
Depreciation	0.14	0.18	0.01	0.01	0.08	0.12	0.12	0.12	0.12	0.25	0.09	0.09	0.09
Interest	9.47	8.18	3.88	4.04	7.27	6.04	2.84	6.31	6.03	12.41	11.41	5.52	5.84
Profit before tax	2.72	2.59	3.09	2.83	2.25	4.30	2.29	2.18	2.05	3.62	1.94	2.34	1.83
Tax %	24.63	27.80	25.24	25.09	25.33	26.98	23.14	24.77	26.83	30.39	24.74	24.36	25.14
Net Profit	2.04	1.87	2.31	2.12	1.68	3.15	1.77	1.64	1.51	2.52	1.46	1.77	1.37
EPS in Rs	1.89	1.73	2.14	1.96	1.55	2.91	1.64	1.52	1.40	2.33	1.35	1.64	1.27

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Expenses	1.57	0.63	1.21	0.90	0.96	0.48	0.73	0.65	0.74	0.59	0.90	0.37
Other Income	0.00	0.00	0.00	0.00	0.00	0.06	0.00	0.01	0.00	0.01	0.00	0.00
Interest	23.38	21.23	35.19	20.76	23.15	15.46	9.54	1.14	1.06	2.81	1.95	0.63
Depreciation	0.28	0.47	0.51	0.50	0.38	0.03	0.05	0.07	0.10	0.15	0.04	0.00
Profit before tax	10.76	10.83	9.74	8.59	8.22	5.07	5.27	4.04	4.15	4.94	4.25	2.81
Tax %	25.74	25.58	26.90	25.49	25.43	25.44	25.43	29.95	27.71	32.19	33.41	32.74
Net Profit	7.99	8.07	7.12	6.40	6.13	3.79	3.94	2.82	3.00	3.35	2.83	1.88
EPS in Rs	7.39	7.46	6.58	5.92	5.67	3.50	3.64	2.61	2.77	3.10	2.62	1.74
Dividend Payout %	20.99	20.11	21.28	22.82	23.83	35.69	34.33	38.37	32.46	29.07	28.67	28.78

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	10.82	10.82	10.82	10.82	10.82	10.82	10.82	10.82	10.82	10.82	10.82	10.82
Reserves	52.56	46.19	39.64	33.99	29.05	24.28	21.84	19.21	16.38	14.56	12.37	10.52
Other Liabilities	5.87	4.73	6.45	5.97	7.40	4.24	3.42	2.24	3.15	3.77	3.32	2.34
Total Liabilities	451.08	393.79	301.85	315.27	300.35	198.15	206.08	100.58	46.43	53.83	93.80	47.55
Fixed Assets	1.83	1.03	1.49	1.11	1.61	0.00	0.11	0.15	0.22	0.32	0.47	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	8.04	11.78	29.70	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	441.21	380.98	270.66	314.16	298.74	198.15	205.97	100.43	46.21	53.51	93.33	47.55
Total Assets	451.08	393.79	301.85	315.27	300.35	198.15	206.08	100.58	46.43	53.83	93.80	47.55

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-154.57	147.60	49.28	-7.99	-26.14	31.42	1.87	0.32	1.37	2.57	0.85	1.08
Cash from Investing Activity	2.59	17.92	-30.59	0.00	-1.99	0.09	0.00	0.00	0.00	0.00	-0.51	0.00
Cash from Financing Activity	-1.62	-1.51	-1.46	-1.46	-1.35	-1.35	-1.30	-1.17	-1.17	-1.17	-0.98	-0.65
Net Cash Flow	-153.60	164.00	17.23	-9.45	-29.49	30.16	0.57	-0.85	0.20	1.40	-0.64	0.43
Free Cash Flow	-155.72	165.52	48.39	-7.99	-28.13	31.51	1.87	0.32	1.37	2.57	0.34	1.08
CFO/OP %	-441.00	462.00	114.00	-19.00	-76.00	160.00	22.00	29.00	26.00	33.00	14.00	31.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	74.41	74.41	74.41	74.41	74.41	74.41	74.41	74.41	74.41	74.41	74.41	74.41
DIIs	0.37	0.37	0.37	0.37	0.37	0.37	0.00	0.00	0.00	0.00	0.00	0.00
Public	25.21	25.21	25.21	25.21	25.21	25.21	25.59	25.59	25.58	25.58	25.59	25.60
No. of Shareholders	1,455	1,452	1,457	1,456	1,514	1,479	1,463	1,411	1,449	1,494	1,531	1,589

Corporate Actions

13 records

Action	Ex Date	Record Date	Ratio	Amount (₹)
Dividend	12 Aug 2025	12 Aug 2025	—	1.50
Dividend	20 Sep 2024	20 Sep 2024	—	1.40
Dividend	22 Sep 2023	—	—	1.35
Dividend	20 Sep 2022	—	—	1.35
Dividend	20 Sep 2021	—	—	1.25
Dividend	21 Sep 2020	—	—	1.25
Dividend	19 Sep 2019	20 Sep 2019	—	1.00
Dividend	12 Sep 2018	—	—	0.90
Dividend	14 Sep 2017	—	—	0.90
Dividend	11 Aug 2016	—	—	0.75
Dividend	27 Aug 2015	—	—	0.50
Dividend	28 Aug 2014	—	—	0.50
Dividend	25 Jul 2013	—	—	0.50