Motilal Oswal maintains a Neutral rating on KFin Technologies, setting a one-year target price of INR 1,200. The brokerage highlights KFintech's dominant market position, strong cash generation, and deep AMC relationships. They project revenue, EBITDA, and PAT to grow at a CAGR of 16-18% from FY25-28E, noting the stock trades at a premium due to its revenue visibility and high return on capital employed.