Please find attached Transcript of Earnings Conference Call held on July 27, 2026

July 31, 2026 CS&G/STX/SQ2026/19 1) National Stock Exchange of India Limited 2) BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Symbol: KFINTECH Scrip Code: 543720 Sub. : Transcript of Earnings Conference Call Ref. : Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) Dear Sir / Madam, Further to our previous intimation bearing reference no. CS&G/STX/SQ2026/04 dated July 08, 2026, pursuant to Regulation 30 and other applicable provisions of the LODR Regulations, please find enclosed herewith the transcript of the Earnings Conference Call held on July 27, 2026, in respect of the standalone and consolidated unaudited financial results of the Company for the quarter ended June 30, 2026. The transcript can also be accessed on the Company’s website at the following link: https://investor.kfintech.com/financials/ This is for your information and records. Thanking you, Yours faithfully, For KFin Technologies Limited Alpana Kundu Company Secretary and Compliance Officer ICSI Membership No.: F10191 Encl.: a/a “KFin Technologies Limited Q1 FY '27 Earnings Conference Call” July 27, 2026 MANAGEMENT: MR. SREEKANTH NADELLA – MD & CEO MR. VIVEK MATHUR – WTD & CFO MR. RAM GATTANI – HEAD - INVESTOR RELATIONS MODERATOR: MR. DEVESH AGARWAL – IIFL CAPITAL SERVICES LIMITED Page 1 of 22 KFin Technologies Limited July 27, 2026 Moderator: Ladies and gentlemen, good day and welcome to KFin Technologies' Q1 FY '27 Earnings Conference Call hosted by IIFL Capital Services Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing “*” then “0” on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Devesh Agarwal. Thank you, and over to you, sir. Devesh Agarwal: Thank you, Aviraj. Good morning, everyone, and welcome to the Q1 FY '27 Earnings Call of KFin Technologies Limited. Today, from the company, we have with us Mr. Sreekanth Nadella – MD and CEO, Mr. Vivek Mathur – CFO, and Ram Gattani – Head of Investor Relations. I will now hand over the call to Sreekanth for his opening remarks and thereafter, we will open the floor for Q&A. Thank you and over to you, Sreekanth. Sreekanth Nadella: Thank you, Devesh. Very good morning to one and all and thank you so much for taking time out this morning for our conference. As we have published the results the Friday of the previous week, our narrative continues to be to double down on our strategy, which has been working exceedingly well, broadly to continue to grow the addressable market for the organization. And while doing it, diversify the risk that a singular asset class or a singular geography or a singular business process affords us. As you could clearly see over the past five years, our revenue has increased manifold, even as the geographical diversification, asset class diversification, and the business process diversification has started to give the necessary yields and the resilience that is required in times like this with the markets not necessarily providing us the right kind of grip that is required. In a quarter and an year that had gone by where the mark-to-market gains have been negligible or negative, our performance exudes confidence for us in terms of the future that lies ahead of us as the markets will improve. As an organization, from a singular glance standpoint, we continue to be the single largest registrar and transfer agent in India in terms of the number of folios that we manage. Nearly every individual in India who has invested in a financial asset class has some connection with KFin Technologies, whether you are in the direct securities market in the form of IPOs, whether you are in the secondary markets, whether you are in mutual funds, alternate investment funds, pensions, private retirement schemes, so on and so forth. Our win record across all these asset classes and geographies is a testimonial in terms of the execution of the strategy that we have set for ourselves. Page 2 of 22 KFin Technologies Limited July 27, 2026 As you could see from the mutual fund standpoint, the quarter that had gone by, we have our funds, in fact, have performed better than the industry average in terms of the overall AUM and even on the equity side of it. Similarly, is the case with the issuer solutions where nearly 80% by market cap of all the IPOs that have happened in the quarter that had gone by have all been orchestrated by KFin Technologies. Similarly, in terms of international fund solutions, both the revenue and the fund addition is superlative with the overall revenue growing at over 30% year- on-year on the international. Ascent, our acquisition that happened in the October of the previous year, continues its stellar performance in terms of both new client addition as well as expansion of the AUM of the existing clients, notwithstanding the fact that the digital currencies have tapered down in terms of the overall mark-to-market in spite and despite of the overall AUM and hence the revenue corresponding to that has grown, and that is largely on account of expansion of the net new asset management companies and more importantly, the wins of large fund managers. In fact, the organization had won six new fund managers with a fund value of over $100 million, so to speak. In terms of pensions, as we have been over the past four years, we continue our outperformance vis-a-vis the industry. Even as industry has grown at a certain percentage, we have grown nearly 3.5x of that particular growth, making us the second largest CRA in the country and in fact, thus allowing us a newer business lines as we have orchestrated across the globe in terms of getting into the pension fund administration beyond just in India. The quarter that had gone by also on a qualitative aspect has significantly enhanced our ESG score to 63, which was 54 the preceding year, which means our performance is not just purely on the financial but also is summarily in terms of the overall overarching and the holistic work it takes, whether it is in terms of environment, social and the governance aspects of it, not to mention all aspects pertaining to the technology and cybersecurity where we have been rated among the highest around 810 on the Bitsight score. We continue our focus in terms of new product innovation and deployment. Nearly every quarter, we try to develop and make innovative solutions, which not just in India, in fact, many parts of the world have not seen. I will call out one such thing in the mutual fund industry, which we have just launched. But before that, as you have already seen the headlines, our total revenue has grown over 30% year-on-year, consolidating Ascent. Excluding Ascent also, we have grown nearly 10% thereabouts, EBITDA grew about 7% plus and the PAT, there was a marginal decline to flattish performance, largely on account of the depreciation amortization and several non-cash items, which we have already explained in the past. What is also happening is to see the overall share of the non-domestic mutual fund business now stands over 40%, close to 40%, in fact. I think four years back, when this strategy was unveiled, there was a fair amount of skepticism in terms of if it is possible to orchestrate several such large businesses, but lo and behold, in a matter of four years, a near 40% of the revenue comes from businesses which are beyond. Page 3 of 22 KFin Technologies Limited July 27, 2026 Now, these are young, fast-growing businesses. At an individual contract level, they are profitable, margin-accretive, but obviously with a fast-growing business, it al [Showing first 8,000 characters — download PDF for full document]