Slides
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Performance review Quarter ended Sept, 2025 (Q2FY26) Bloomberg: IIFL IN October 30, 2025 Annexure 2
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2 Key Highlights 3 – 14 IIFL Finance Standalone – Q2FY26 update 15 – 20 IIFL Home Finance – Q2FY26 update 21 – 26 IIFL Samasta Finance – Q2FY26 update 27 – 32 Corporate Information 33 – 48
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KEY HIGHLIGHTS
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IIFL Finance: Quarter of Gathering Momentum (Q2 FY26) 4 Note: CRAR for IIFL Finance (Standalone) is 18.6%, for IIFL Home Finance 46.2% and IIFL Samasta Finance 33.4%. CRAR for IIFL Finance (Consolidated) of 28.2% is a computed figure. Gold Loans: Fully normalized post-embargo (Sep 2024); AUM at record high, yields rising, > 98 % customer retention Asset Quality: Stage 2/3 trending down; PCR 93 % Portfolio Re-set: Exited unsecured MSME, micro-LAP & high-risk MFI geographies Financial Strength: ROA 1.9 % | ROE 9.8 % | CRAR 28.2 % | Liquidity ₹ 8,170 Cr | Net Gearing 3.6x | PAT ₹ 692 Cr (H1) Growth Focus: Collateral-backed retail lending – Gold, MSME Secured & Home Finance Operating Model: AI-led risk and governance systems; phygital reach of ~ 4,800 branches catering 4.6 Mn customers Fitch Ratings affirmed the rating at ‘B+’ and revised the outlook on IIFL Finance’s Long term Issuer Default Rating from Stable to Positive ₹ Cr Q2FY26 Q-o-Q Loan AUM 90,122 7.4% Gross NPA % 2.1% (21 bps) Net NPA % 1.0% (11 bps) PAT (pre NCI) 417.9 52.4% Cost to Income % 45.2% (5.9%) Opex to AUM % 4.0% 0.2% Disbursement 23,475 21.9%
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ROA 1.9% ROE2 9.8% Net gearing3 3.6x Liquidity ₹ 8,170 Cr Basic EPS ₹ 14.3 BVPS (₹2 paid up) ₹297.1 IIFL Finance (Consolidated): Q2FY26 and H1FY26 Results snapshot ₹ Cr Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y H1FY26 H1FY25 Y-o-Y Loan AUM 90,122 83,889 7% 66,964 35% 90,122 66,964 35% IIFL Finance Standalone 40,450 33,605 20% 17,382 133% 40,450 17,382 133% IIFL Home Finance 40,023 40,111 (0%) 37,098 8% 40,023 37,098 8% IIFL Samasta Finance 9,650 10,173 (5%) 12,483 (23%) 9,650 12,483 (23%) PPOP1 1,032.5 836.1 23% 747.5 38% 1,868.6 1,387.2 35% IIFL Finance Standalone 481.6 345.6 39% 69.8 590% 827.2 94.1 779% IIFL Home Finance 402.1 368.3 9% 449.3 (11%) 770.4 815.3 (6%) IIFL Samasta Finance 148.5 121.9 22% 227.9 (35%) 270.4 477.2 (43%) PAT (pre NCI1) 417.9 274.2 52% (93.1) (549%) 692.1 245.1 182% IIFL Finance Standalone 210.7 132.8 59% (441.3) (148%) 343.5 (463.9) (174%) IIFL Home Finance 203.9 201.3 1% 312.7 (35%) 405.2 553.4 (27%) IIFL Samasta Finance 2.9 (60.8) (105%) 34.2 (92%) (57.9) 153.5 (138%) 5 Note: (All figures unless specified is for H1FY26) 1. PPOP: Pre-provision Operating Profit, excluding gain/(loss) on fair value changes; NCI: Non-Controlling Interest 2. Return on Equity is calculated on Profit after tax post Non-Controlling Interest for H1FY26. 3. Net gearing is calculated after reducing free cash/ liquid assets and securitized assets from the gross debt as per Ind AS accounting 4. Difference in PPOP and PAT at Consolidated level is on account of inter-company adjustments
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₹ Cr Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y H1FY26 H1FY25 Y-o-Y Interest income 2,447.0 2,265.2 8% 1,974.4 24% 4,712.2 4,021.0 17% Interest expense (1,381.9) (1,288.8) 7% (962.9) 44% (2,670.7) (2,004.5) 33% Net interest income 1,065.1 976.5 9% 1,011.5 5% 2,041.5 2,016.5 1% Non-fund based income 837.7 661.4 27% 468.9 79% 1,499.1 849.8 76% Total income 1,902.7 1,637.9 16% 1,480.4 29% 3,540.6 2,866.2 24% Operating expense (870.2) (801.7) 9% (732.9) 19% (1,671.9) (1,479.0) 13% Pre provision operating profit 1,032.5 836.1 23% 747.5 38% 1,868.6 1,387.2 35% Loan losses & provision (500.3) (512.5) (2%) (406.3) 23% (1,012.8) (657.9) 54% Net gain/(loss) on fair value changes 24.5 32.6 (25%) 105.7 (77%) 57.2 153.6 (63%) PBT (before exceptional items) 556.7 356.3 56% 446.8 25% 913.0 883.0 3% Exceptional items - - - (586.5) - - (586.5) - PBT (after exceptional items) 556.7 356.3 56% (139.7) (499%) 913.0 296.5 208% Profit after tax (pre NCI) 417.9 274.2 52% (93.1) (549%) 692.1 245.1 182% Minority Interest (41.6) (40.8) 2% (64.6) (36%) (82.4) (114.7) (28%) Profit after tax (post NCI) 376.3 233.4 61% (157.7) 339% 609.7 130.4 368% Total comprehensive income (post NCI) 372.2 224.9 65% (163.8) 327% 597.1 124.0 382% Book value per share (₹) 297.1 291.6 2% 279.7 6% 297.1 279.7 6% Earnings per share (₹ basic, not annualized) 8.9 5.5 61% (3.7) (338%) 14.3 3.2 352% IIFL Finance (Consolidated): Q2FY26 and H1FY26 Results 6
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₹ Cr Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y H1FY26 H1FY25 Y-o-Y Loan Book (Ind AS Balance sheet) 59,668 57,263 4% 44,527 34% 59,668 44,527 34% Assigned assets 18,607 15,061 24% 13,948 33% 18,607 13,948 33% Co-lending book 11,848 11,565 2% 8,489 40% 11,848 8,489 40% Loan Assets under management 90,122 83,889 7% 66,964 35% 90,122 66,964 35% Interest income 2,447.0 2,265.2 8% 1,974.4 24% 4,712.2 4,021.0 17% Interest expense (1,381.9) (1,288.8) 7% (962.9) 44% (2,670.7) (2,004.5) 33% NII at Ind AS balance sheet loan book (A) 1,065.1 976.5 9% 1,011.5 5% 2,041.5 2,016.5 1% Income from Assigned Assets 586.6 408.9 43% 201.9 191% 995.5 290.3 243% Income from Co lending Assets 160.7 151.1 6% 140.0 15% 311.8 336.6 (7%) Other Income 90.3 101.4 (11%) 127.1 (29%) 191.7 222.9 (14%) Non-fund based income (B) 837.7 661.4 27% 468.9 79% 1,499.1 849.8 76% Total Income (A)+(B) 1,902.7 1,637.9 16% 1,480.4 29% 3,540.6 2,866.2 24% Fund based income 56% 60% 68% 58% 70% Non-fund based income 44% 40% 32% 42% 30% IIFL Finance (Consolidated): Income Analysis Note: 1. Co-lending includes Business Correspondence and Co-origination 2. Previous period figures have been regrouped/ reclassified to make them comparable with those of current period 7
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Consolidated balance sheet as at September 30, 2025 8 ASSETS (₹ Cr) LIABILITIES AND EQUITY (₹ Cr) 1 Financial Assets 1 Financial Liabilities (a) Cash and Bank Balances 5,594 (a) Payables 265 (b) Receivables 92 (b) Borrowings (c) Loan Assets 60,151 - Debt Securities 19,655 (d) Investments 5,711 - Borrowings (Other than Debt Securities) 34,201 (e) Other financial assets 2,023 - Subordinated Liabilities 4,356 (c) Other financial liabilities 2,554 Total Financial Assets (A) 73,570 Total Financial Liabilities (A) 61,030 2 Non-Financial Assets 2 Non-Financial Liabilities (B) 351 (a) Current & Deferred tax assets (Net) 604 3 Equity (b) Property, Plant and Equipment etc. 1,510 (a) Equity share capital 85 (c) Other non-financial assets 329 (b) Other Equity 12,885 Total Non-Financial Assets (B) 2,443 Shareholder’s Equity (C) 12,970 Non Controlling Interest (D) 1,662 Total Assets (A)+(B) 76,012 Total Liabilities and Equity (A)+(B)+(C)+(D) 76,012
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16,176 19,514 22,281 31,228 34,904 37,951 44,688 51,210 64,638 78,960 78,341 90,122 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 H1FY26 IIFL Finance (Consolidated): Key highlights Asset quality AUM (₹ Cr) 2.0% 1.9% 2.0% 1.6% 2.2% 1.5% 2.0% 2.7% 3.3% 3.4% 0.9% 1.9% 16.9% 16.9% 15.2% 13.3% 17.9% 11.3%15.3% 20.6% 19.9% 18.4% 3.4% 9.8% FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 H1FY26 Return on Assets Return on Equity 301 339 423 465 712 503 761 1,188 1,608 1,974 578 692 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 H1FY26 Return on assets/equity Profit after tax2 (₹ Cr) 1.3% 1.4% 1.8% 1.7% 1.7% 2.0% 2.0% 3.2% 1.8% 2.3% 2.2% 2.1% 0.5%0.5% 0.5%0.6% 0.5% 0.8% 0.9% 1.8% 1.1% 1.2% 1.0% 1.0% FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 H1FY26 GNPA % NNPA % 9 Note: 1. Previous period figures have been regrouped/ reclassified to make them comparable with those of current period 2. Interest Spread is calculated using End of period portfolio yield and COF
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IIFL Finance (Consolidated): Funding mix Off-book (₹ Cr, as % of AUM) 11,076 17,143 24,536 28,126 23,395 30,455 25% 33% 38% 36% 30% 34% FY21 FY22 FY23 FY24 FY25 H1FY26 Off-book mix Net gearing 100% 83% 69% 59% 55% 61% 17% 31% 41% 45% 39% FY21 FY22 FY23 FY24 FY25 H1FY26 Direct Assignment Co-lending 4.8 4.2 3.5 3.7 3.4 3.6 FY21 FY22 FY23 FY24 FY25 H1FY26 Note: 1. Net gearing is calculated after reducing free cash/ liquid assets and securitized assets from the gross debt as per Ind AS accounting 2. Co-lending includes Business Correspondence and Co-origination 3. Borrowings is without IND AS adjustment and includes accrued interest 10 Average Cost of borrowing 9.2% 9.2% 9.4% 9.5% 9.4% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Borrowing (₹ Cr) Borrowing mix 52% 45% 41% 40% 40% 25% 25% 33% 32% 32% 16% 16% 13% 12% 11% 6% 14% 13% 16% 17% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Securitization & others Refinance Debentures Term Loan 39,137 45,132 50,931 54,536 57,371 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26
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Adequate liquidity, well covered to meet obligations and sustain growth (₹ Cr) 11 Asset Liability Match (ALM) - Surplus across all buckets Well covered Debt Repayment Schedule 1,351 4,152 6,036 10,516 16,193 24,131 46,326 59,663 80,358 6,324 10,852 14,858 19,686 26,355 35,125 57,428 65,130 80,358 14 days 1 month 2 months 3 months 6 months 1 year 3 years 5 years All 2,397 5,052 9,480 11,227 12,876 16,490 18,030 19,027 22,251 23,694 24,516 25,800 Principal Free Cash + undrawn lines = ₹8,170Cr Interest
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Over the last 5 years, we have made strategic shifts to focus on providing retail, secured credit to small businesses and homes 12 Loan AUM (₹ Cr) FY21 Q2FY26 Mix% FY21 Mix% Q2FY26 Q2FY26 Q1FY26 Q2FY25 Q0Q % YoY % Yield Home Loan 14,439 32,034 32% 36% 32,034 32,017 29,116 0% 10% 10.75% Gold Loan 13,149 34,577 29% 38% 34,577 27,274 10,797 27% 220% 18.56% MSME loan 7,101 13,474 16% 15% 13,474 13,939 13,455 (3%) 0% 18.50% a) MSME Secured 5,597 8,999 13% 10% 8,999 8,978 8,544 0% 5% 17.89% - Micro LAP - 2,018 - 2% 2,018 2,298 2,714 (12%) (26%) 24.00% - Other LAP 5,597 6,981 13% 8% 6,981 6,680 5,830 4% 20% 16.12% b) MSME Unsecured 1,504 3,934 3% 4% 3,934 4,178 4,306 (6%) (9%) 20.51% - Digital (discontinued) 1,504 1,785 3% 2% 1,785 2,074 2,791 (14%) (36%) 23.75% - Unsecured business loans - 2,149 - 2% 2,149 2,104 1,515 2% 42% 17.82% c) Supply chain finance - 541 0% 1% 541 783 605 (31%) (10%) 13.94% Microfinance 4,738 8,362 11% 9% 8,362 8,916 11,311 (6%) (26%) 24.33% Core Business 39,427 88,447 88% 98% 88,447 82,145 64,678 8% 37% 16.27% Construction & Real Estate Finance 4,235 942 10% 1% 942 885 1,440 6% (35%) 15.64% Capital market finance 663 613 1% 1% 613 686 379 (11%) 62% 12.02% Personal loan 364 121 1% 0% 121 172 467 (30%) (74%) 24.24% Total 44,688 90,122 90,122 83,889 66,964 7% 35% 16.24%
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GNPA % Q2FY26 Q1FY26 QoQ Q2FY25 YoY Home Loan 1.40% 1.74% (0.34%) 1.25% 0.15% Gold Loan 0.12% 0.18% (0.07%) 2.40% (2.28%) MSME Loan 5.93% 5.42% 0.52% 3.10% 2.84% a) MSME Secured 5.25% 4.77% 0.48% 3.52% 1.74% - Micro LAP (discontinued) 20.45% 14.86% 5.59% 5.81% 14.64% - Other LAP 2.20% 1.75% 0.45% 2.06% 0.13% b) MSME Unsecured 7.51% 6.85% 0.66% 2.95% 4.56% - Digital/MFI sourced (discontinued) 11.12% 10.64% 0.49% 3.86% 7.26% - Unsecured business loans 3.49% 1.72% 1.77% 0.51% 2.98% c) Supply Chain Finance 2.82% 2.68% 0.14% 0.40% 2.42% Microfinance 5.03% 4.68% 0.35% 3.43% 1.60% Core Business 2.12% 2.35% (0.23%) 2.31% (0.19%) CRE 2.96% 1.72% 1.25% 1.47% 1.49% Capital Market 0.00% 0.00% 0.00% 0.00% 0.00% Personal Loan 13.52% 12.47% 1.05% 10.92% 2.60% Total 2.14% 2.34% (0.21%) 2.35% (0.22%) NPAs impacted by macro trends in microfinance, unsecured lending and small-ticket LAP 13Note: 1. ₹1,005 Cr of MSME Secured sourced by IIFL Samasta and ₹257 Cr of Unsecured MSME sourced by IIFL Samasta is booked under sourcing arrangement in IIFL Finance 1.98% 3.15% 1.84% 2.32% 2.23% 2.14% 0.89% 1.83% 1.08% 1.20% 1.05% 1.02% FY21 FY22 FY23 FY24 FY25 H1FY26 GNPA% NNPA% Provision coverage at 93%
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NPAs provision is well above RBI requirement 14 Loan book (₹ Cr) Stage 1 Stage 2 Stage 3 Total Provision % Provision 0 dpd 1-30 dpd 31-90 dpd 90+ dpd Stage 1 Stage 2 Stage 3 As per RBI As per ECL Home Loan 90.4% 3.2% 4.9% 1.4% 20,309 0.4% 6.6% 33.6% 114 229 Gold Loan 95.7% 2.3% 1.9% 0.1% 21,171 0.6% 1.1% 42.9% 94 133 MSME Loan 80.9% 5.3% 7.8% 5.9% 9,974 0.6% 8.7% 50.8% 126 416 a) MSME Secured 77.3% 6.5% 11.0% 5.3% 5,833 0.8% 9.6% 32.8% 75 202 b) MSME Unsecured 86.3% 2.7% 3.5% 7.5% 3,599 0.1% 5.3% 70.1% 43 200 c) Supply chain finance 83.4% 10.6% 3.2% 2.8% 541 0.5% 0.6% 70.6% 4 14 Microfinance 91.6% 1.4% 2.0% 5.0% 6,538 0.9% 22.6% 72.1% 141 322 Core business 90.9% 3.0% 4.0% 2.1% 57,992 0.5% 7.3% 52.3% 475 1,101 CRE 83.7% 10.8% 2.6% 3.0% 942 0.6% 4.6% 51.6% 11 21 Capital Market 99.7% 0.3% 0.0% 0.0% 613 0.5% 0.0% 0.0% 2 3 Personal Loan 72.9% 7.1% 6.5% 13.5% 121 2.8% 22.5% 88.1% 2 19 Total 90.8% 3.1% 3.9% 2.1% 59,668 0.5% 7.3% 52.8% 486 1,143 Note: 1. CRE: Construction & Real Estate Finance 2. Personal loan has been discontinued
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IIFL FINANCE (STANDALONE)
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₹ Cr Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y H1FY26 H1FY25 Y-o-Y Interest income 1,256.6 1,079.4 16% 672.2 87% 2,336.0 1,342.9 74% Interest expense (758.4) (701.4) 8% (387.1) 96% (1,459.8) (824.5) 77% Net interest income 498.2 378.0 32% 285.1 75% 876.2 518.3 69% Income from off-book assets 467.8 344.3 36% 67.0 599% 812.1 171.3 374% Other Income 29.1 46.6 (37%) 51.3 (43%) 75.7 93.0 (19%) Total income 995.2 768.9 29% 403.4 147% 1,764.0 782.6 125% Operating expense (513.6) (423.3) 21% (333.6) 54% (936.9) (688.5) 36% Pre provision operating profit 481.6 345.6 39% 69.8 590% 827.2 94.1 779% Loan losses & provision (211.6) (182.5) 16% (154.7) 37% (394.1) (242.1) 63% Net gain/(loss) on fair value changes 13.5 15.3 (11%) 80.7 (83%) 28.8 112.6 (74%) Profit before tax & exceptional items 283.5 178.3 59% (4.3) - 461.9 (35.4) - Exceptional items - - - (586.5) - - (586.5) - Profit before tax 283.5 178.3 59% (590.8) - 461.9 (621.9) - Profit after tax 210.7 132.8 59% (441.3) (148%) 343.5 (463.9) - IIFL Finance (Standalone): Q2FY26 and H1FY26 Results Note: 1. Figures have been regrouped as per IIFL Finance Consol Financials 2. Previous period figures have been regrouped/ reclassified to make them comparable with those of current period 16
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343 745 806 585 (410) 343 FY21 FY22 FY23 FY24 FY25 H1FY26 19,199 21,109 25,573 29,250 27,508 40,450 FY21 FY22 FY23 FY24 FY25 H1FY26 IIFL Finance (Standalone): Key highlights 25.4% 23.9% 20.4% 18.8% 18.5% 18.6% FY21 FY22 FY23 FY24 FY25 H1FY26 Asset quality CRAR AUM (₹ Cr) Operating expenses to Avg AUM 1.5% 3.3% 3.5% 2.3% (1.4%) 1.9% 8.8% 18.5% 17.6% 11.1% (6.9%) 10.4% FY21 FY22 FY23 FY24 FY25 H1FY26 Return on Assets Return on Equity Return on assets/equity Profit after tax2 (₹ Cr) 4.2% 5.3% 5.6% 4.9% 6.2% 5.6% FY21 FY22 FY23 FY24 FY25 H1FY26 2.4% 2.9% 1.3% 3.7% 1.9% 1.4% 1.0% 1.6% 0.6% 1.9% 0.7% 0.5% FY21 FY22 FY23 FY24 FY25 H1FY26 GNPA % NNPA % 17 Note: 1. Previous period figures have been regrouped/ reclassified to make them comparable with those of current period.
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Note: 1. Yield is end of period portfolio yield, ATS is Portfolio average ticket size 2. Figures are as of Sept 30, 2025 unless specified 18 IIFL Finance (Standalone): Key business units Loan AUM (₹ Cr) FY21 FY22 FY23 FY24 FY25 Q2FY25 Q1FY26 Q2FY26 Q0Q % YoY % Yield ATS (₹ lakhs) Gold loan 13,149 16,228 20,733 23,354 21,022 10,797 27,274 34,577 27% 220% 18.56% 0.84 MSME loan 1,662 1,016 1,524 3,653 5,479 5,088 5,332 4,983 (7%) (2%) 18.64% 9.86 a) MSME Secured 158 56 35 275 266 177 370 508 37% 186% 14.65% 196 b) MSME Unsecured 1,504 960 1,482 2,969 4,444 4,306 4,178 3,934 (6%) (9%) 20.51% 9.05 c) Supply Chain Finance - 1 8 410 769 605 783 541 (31%) (10%) 13.94% 8.55 Core business 14,811 17,244 22,258 27,007 26,501 15,885 32,605 39,560 21% 149% 18.37% 0.97 CRE 3,362 2,355 1,887 1,047 159 651 141 157 11% (76%) 17.73% 1671 Capital market finance 663 642 442 308 609 379 686 613 (11%) 62% 12.02% 712.35 Personal loan 364 868 987 888 239 467 172 121 (30%) (74%) 24.24% 1.60 Total 19,199 21,109 25,573 29,250 27,508 17,382 33,605 40,450 20% 133% 18.55% 0.99
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Note: 1. ATS is Portfolio average ticket size 2. Interest Spread is calculated using End of period portfolio yield and COF 3. Figures are as of Sept 30, 2025 unless specified 19 IIFL Finance (Standalone): Business update Branches AUM distribution AUM mix Active customers (lakhs) 0.89 0.92 0.95 0.98 1.13 0.99 FY21 FY22 FY23 FY24 FY25 Q2FY26 Average ticket size1 (₹ lakhs) Interest Spread 17.5% 16.4% 17.8% 19.3% 18.1% 18.6% 8.9% 8.8% 9.1% 9.2% 9.9% 9.4% 8.6% 7.6% 8.7% 10.1% 8.2% 9.2% FY21 FY22 FY23 FY24 FY25 Q2FY26 Yield % COF % Spread % 68% 77% 81% 80% 76% 85% 20% 12%2% 4% 4% 3% 1% 0%18% 11% 7% 4% 1% 0% 3% 3% 2% 1% 2% 2% FY21 FY22 FY23 FY24 FY25 Q2FY26 Gold Loan MSME loan Personal loan CRE Capital Market Maharashtra, 13% Gujarat, 16% Karnataka, 8% Rajasthan, 7% West Bengal, 7% Delhi, 5% Telangana, 7% Uttar Pradesh, 6% Haryana, 4% Tamil Nadu, 4% Andhra … Others, 17% 13.0 16.5 20.0 20.6 14.6 19.1 FY21 FY22 FY23 FY24 FY25 Q2FY26 1,881 2,359 2,653 2,775 2,833 2,840 FY21 FY22 FY23 FY24 FY25 Q2FY26
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IIFL Finance (Standalone): Funding mix Off-book (₹ Cr, as % of AUM) 4,559 8,484 11,526 11,408 4,962 12,736 24% 40% 45% 39% 18% 31% FY21 FY22 FY23 FY24 FY25 H1FY26 Off-book mix Net gearing 99% 85% 73% 60% 57% 65% 15% 27% 40% 43% 35% FY21 FY22 FY23 FY24 FY25 H1FY26 Direct Assignment Co-lending 2.7 2.2 3.0 3.4 3.6 3.9 FY21 FY22 FY23 FY24 FY25 H1FY26 20 Note: 1. Net gearing is calculated after reducing free cash/ liquid assets and securitized assets from the gross debt as per Ind AS accounting 2. Co-lending includes Business Correspondence and Co-origination 3. Borrowing is without IndAS adjustment and includes accrued interest Average Cost of borrowing Rating: AA/Stable by CRISIL, & India Ratings, AA/ Negative by ICRA, AA+/ Stable by Brickwork, B+/Stable by S&P Global and B+/Positive by Fitch 9.4% 9.4% 9.9% 9.9% 9.8% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Borrowing (₹ Cr) Borrowing mix 53% 44% 35% 34% 34% 31% 28% 43% 40% 39% 8% 6% 4% 3% 2% 8% 23% 18% 23% 25% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Securitization & others Refinance Debentures Term Loan 14,928 19,590 24,349 28,558 30,346 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26
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IIFL HOME FINANCE
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₹ Cr Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y H1FY26 H1FY25 Y-o-Y Interest income 745.6 730.2 2% 699.9 7% 1,475.8 1,427.3 3% Interest expense (436.5) (419.3) 4% (360.2) 21% (855.7) (730.5) 17% Net interest income 309.2 310.9 (1%) 339.7 (9%) 620.1 696.8 (11%) Income from off-book assets 184.8 170.4 8% 215.5 (14%) 355.2 344.4 3% Other Income 41.1 48.2 (15%) 64.6 (36%) 89.3 107.4 (17%) Total income 535.1 529.5 1% 619.8 (14%) 1064.6 1,148.6 (7%) Operating expense (133.0) (161.2) (17%) (170.5) (22%) (294.2) (333.3) (12%) Pre provision operating profit 402.1 368.3 9% 449.3 (11%) 770.4 815.3 (6%) Loan losses & provision (131.0) (114.9) 14% (47.5) 176% (245.9) (101.3) 143% Net gain/(loss) on fair value changes (3.2) 4.3 - 4.7 (169%) 1.1 4.2 (74%) Profit before tax 267.8 257.7 4% 406.5 (34%) 525.6 718.2 (27%) Profit after tax (Pre NCI) 203.9 201.3 1% 312.7 (35%) 405.2 553.4 (27%) IIFL Home Finance: Q2FY26 and H1FY26 Results Note: 1. Figures have been regrouped as per IIFL Finance Consol Financials 2. Previous period figures have been regrouped/ reclassified to make them comparable with those of current period 22
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20,694 23,617 28,512 35,499 39,732 40,023 FY21 FY22 FY23 FY24 FY25 H1FY26 Note: 1. GNPA nos from FY22 onwards are reported after considering the impact of RBI circular IIFL Home Finance: Key highlights 23.0% 30.5% 47.3% 42.8% 47.2% 46.2% FY21 FY22 FY23 FY24 FY25 H1FY26 Asset quality CRAR AUM (₹ Cr) Operating expenses to Avg AUM 2.7% 3.6% 3.9% 4.4% 3.8% 2.9% 20.3% 24.9% 17.6% 16.9% 14.0% 10.6% FY21 FY22 FY23 FY24 FY25 H1FY26 Return on Assets Return on Equity 401 593 768 1,017 976 405 FY21 FY22 FY23 FY24 FY25 H1FY26 Return on assets/equity Profit after tax (₹ Cr) 1.2% 1.2% 1.5% 1.8% 1.8% 1.5% FY21 FY22 FY23 FY24 FY25 H1FY26 2.0% 3.1% 2.1% 1.5% 1.8% 2.2% 1.2% 2.1% 1.5% 1.0% 1.3% 1.4% FY21 FY22 FY23 FY24 FY25 H1FY26 GNPA % NNPA % 23
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24 IIFL Home Finance: Key business units Loan AUM (₹ Cr) FY21 FY22 FY23 FY24 FY25 Q2FY25 Q1FY26 Q2FY26 Q0Q % YoY % Yield1 ATS (₹ lakhs) Affordable home loan 14,439 17,727 21,800 27,438 31,588 29,116 32,017 32,034 0% 10% 10.75% 15.72 MSME secured loan 5,381 5,346 5,905 7,250 7,464 7,194 7,350 7,203 (2%) 0% 17.29% 12.70 Affordable housing project finance 873 544 807 810 680 788 744 786 6% (0%) 15.22% 638.58 Total 20,694 23,617 28,512 35,499 39,732 37,098 40,111 40,023 0% 8% 12.01% 15.51 Note: 1. Yield is end of period portfolio yield, ATS is Portfolio average ticket size 2. Figures are as of Sept 30, 2025 unless specified
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Note: 1. ATS is Portfolio average ticket size, 2. Figures are as of Sept 30, 2025 unless specified, 3. Salaried Formal includes customers with household income >50k per month/ >6 lakhs p.a. & Salaried Informal includes customers with household income <=50k per month/ <=6 lakhs p.a. 4. Spread is calculated using End of period portfolio yield and COF 25 IIFL Home Finance: Business update Branches AUM distribution AUM mix Customer mix 20.36 20.48 15.60 14.26 14.89 15.51 FY21 FY22 FY23 FY24 FY25 Q2FY26 Average ticket size1 (₹ lakhs) Interest Spread 70% 75% 76% 77% 80% 80% 26% 23% 21% 20% 19% 18% 4% 2% 3% 2% 2% 2% FY21 FY22 FY23 FY24 FY25 Q2FY26 Home loan MSME Secured Construction finance Maharashtra, 20% Delhi, 1% Telangana, 9% Gujarat, 9% Uttar Pradesh, 10%Andhra Pradesh, 6% Madhya Pradesh, 7% Karnataka, 6% Rajasthan, 8% Haryana, 6% Tamil Nadu, 3% Others, 14% 125 225 386 389 376 317 FY21 FY22 FY23 FY24 FY25 Q2FY26 13% 13% 13% 15% 17% 17% 31% 37% 39% 37% 37% 35% 56% 50% 48% 48% 46% 47% FY21 FY22 FY23 FY24 FY25 Q2FY26 Salaried - Formal Salaried - Informal Self-Employed 11.5% 11.1% 12.4% 12.6% 12.4% 12.0% 7.9% 7.8% 8.3% 8.3% 8.5% 8.4% 3.5% 3.3% 4.1% 4.4% 3.9% 3.6% FY21 FY22 FY23 FY24 FY25 Q2FY26 Yield % COF % Spread %
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IIFL Home Finance: Funding mix Off-book (₹ Cr, as % of AUM) 5,839 7,949 10,456 12,216 14,519 14,704 28% 34% 37% 34% 37% 37% FY21 FY22 FY23 FY24 FY25 H1FY26 Net gearing1 5.6 4.6 2.4 2.7 2.5 2.5 FY21 FY22 FY23 FY24 FY25 H1FY26 26 Note: 1. Net gearing is calculated after reducing free cash/ liquid assets and securitized assets from the gross debt as per Ind AS accounting 2. Co-lending includes Business Correspondence and Co-origination 3. Borrowing is without Ind AS adjustment and includes accrued interest Off-book mix 100% 84% 67% 62% 59% 59% 16% 33% 38% 41% 41% FY21 FY22 FY23 FY24 FY25 H1FY26 Direct Assignment Co-lending Average Cost of borrowing 8.3% 8.4% 8.5% 8.5% 8.5% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Rating: AA/Stable by CRISIL, & India Rating, AA/ Negative by ICRA , AA+/Stable by Brickwork Borrowing (₹ Cr) Borrowing mix 44% 40% 43% 44% 49% 24% 24% 23% 21% 20% 27% 29% 28% 28% 26% 5% 7% 6% 7% 5% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Securitisation & others Refinance Debentures Term Loan 16,724 18,851 19,531 19,126 19,960 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26
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IIFL SAMASTA FINANCE
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₹ Cr Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y H1FY26 H1FY25 Y-o-Y Interest income 404.9 423.6 (4%) 543.3 (25%) 828.5 1,127.5 (27%) Interest expense (192.7) (185.7) 4% (216.6) (11%) (378.4) (451.5) (16%) Net interest income 212.1 237.9 (11%) 326.8 (35%) 450.1 676.1 (33%) Income from off-book assets 94.7 45.3 109% 59.4 59% 140.1 109.4 28% Other Income 65.2 56.2 16% 70.0 (7%) 121.3 147.3 (18%) Total income 372.0 339.4 10% 456.2 (18%) 711.4 932.8 (24%) Operating expense (223.5) (217.5) 3% (228.3) (2%) (441.1) (455.6) (3%) Pre provision operating profit 148.5 121.9 22% 227.9 (35%) 270.4 477.2 (43%) Loan losses & provision (157.7) (215.1) (27%) (204.1) (23%) (372.8) (314.5) 19% Net gain/(loss) on fair value changes 14.0 12.3 14% 19.1 (27%) 26.2 34.6 (24%) Profit before tax 4.7 (80.9) - 42.9 (89%) (76.2) 197.3 - Profit after tax (Pre NCI) 2.9 (60.8) - 34.2 (92%) (57.9) 153.5 - IIFL Samasta Finance: Q2FY26 and H1FY26 Results Note: 1. Figures have been regrouped as per IIFL Finance Consol Financials 2. Previous period figures have been regrouped/ reclassified to make them comparable with those of current period 28
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4,796 6,484 10,552 14,211 11,101 9,650 FY21 FY22 FY23 FY24 FY25 H1FY26 Note: 1. Previous period figures have been regrouped/ reclassified to make them comparable with those of current period. Income is net of Interest Expense IIFL Samasta Finance: Key highlights AUM (₹ Cr) 1.9% 0.9% 1.7% 5.0% 0.2% (1.3%) 11.8% 6.3% 11.4% 31.5% 1.1% (6.2%) FY21 FY22 FY23 FY24 FY25 H1FY26 Return on Assets Return on Equity Return on assets/equity 29 66 51 128 503 20 (58) FY21 FY22 FY23 FY24 FY25 H1FY26 Profit after tax (₹ Cr) Asset quality CRAR Operating expenses to Avg AUM * 5.5% 6.9% 7.2% 6.7% 7.2% 8.8% FY21 FY22 FY23 FY24 FY25 H1FY26 1.8% 3.1% 2.1% 1.9% 4.7% 5.0% 0.0% 0.8% 0.8% 0.3% 1.4% 1.5% FY21 FY22 FY23 FY24 FY25 H1FY26 GNPA % NNPA % 18.5% 17.8% 17.1% 24.0% 32.4% 33.4% FY21 FY22 FY23 FY24 FY25 H1FY26
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Loan AUM (₹ Cr) FY21 FY22 FY23 FY24 FY25 Q2FY25 Q1FY26 Q2FY26 Q0Q % YoY % Yield1 ATS1 (₹ lakhs) Microfinance 4,440 5,821 9,072 11,891 8,758 10,112 7,870 7,473 (5%) (26%) 24.20% 0.52 MSME Secured 58 329 767 1,118 1,242 1,172 1,257 1,287 2% 10% 22.55% 4.74 Dairy cattle loan 105 175 430 717 598 692 553 448 (19%) (35%) 24.40% 0.66 MSME Unsecured 193 159 283 486 503 506 493 442 (10%) (13%) 26.38% 2.10 Total 4,796 6,484 10,552 14,211 11,101 12,483 10,173 9,650 (5%) (23%) 24.09% 0.59 Note: 1. Yield is end of period portfolio yield, ATS is Portfolio average ticket size 2. Figures are as of Sept 30, 2025 unless specified 30 IIFL Samasta Finance: Key business units
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Note: 1. Interest Spread is calculated using End of period portfolio yield and COF, ATS is Portfolio average ticket size 2. Figures are as of Sept 30, 2025 unless specified 31 IIFL Samasta Finance: Business update Branches* AUM mix Active customers (lakhs) Average ticket size1 (₹ lakhs) 93% 90% 86% 84% 79% 77% 1% 5% 7% 8% 11% 5% 2% 3% 4% 5% 5% 5% 4% 2% 3% 3% 5% 13% FY21 FY22 FY23 FY24 FY25 Q2FY26 Microfinance MSME Secured Dairy cattle loan MSME Unsecured 16.2 17.5 23.5 30.0 27.3 24.5 FY21 FY22 FY23 FY24 FY25 Q2FY26 618 807 1267 1648 1660 1641 FY21 FY22 FY23 FY24 FY25 Q2FY26 0.33 0.39 0.44 0.48 0.54 0.59 FY21 FY22 FY23 FY24 FY25 Q2FY26 Interest Spread1 22.4% 21.9% 23.8% 24.4% 24.1% 24.1% 9.8% 9.6% 10.1% 10.3% 10.2% 9.7% 12.7% 12.3% 13.7% 14.2% 13.9% 14.4% FY21 FY22 FY23 FY24 FY25 Q2FY26 Yield % COF % Spread % AUM distribution Bihar, 22% Karnataka, 14% Tamil Nadu, 13% Uttar Pradesh, 10% Rajasthan, 7% West Bengal, 7% Odisha, 5% Madhya Pradesh, 4% Maharashtra, 3% Andhra Pradesh, 3% Telangana, 2%Others, 10%
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IIFL Samasta Finance: Funding mix Note: 1. Net gearing is calculated after reducing free cash/ liquid assets and securitized assets from the gross debt as per Ind AS accounting 2. Co-lending includes Co-origination 32 Borrowing mix Average Cost of borrowing 67% 63% 57% 52% 44% 19% 23% 23% 27% 37% 8% 8% 7% 6% 4% 5% 6% 14% 15% 15% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Securitisation & others Refinance Debentures Term Loan 10.5% 10.4% 10.4% 10.3% 10.2% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Rating: AA-/Stable by CRISIL & India Rating AA- /Stable by ACUITE Off-book mix 100% 100% 100% 100% 100% 100% FY21 FY22 FY23 FY24 FY25 Q2FY26 Direct Assignment/BC Co-lending Off-book (₹ Cr, as % of AUM) 679 448 2,554 4,503 3,915 3,015 14% 7% 24% 32% 35% 31% FY21 FY22 FY23 FY24 FY25 Q2FY26 Net gearing 4.9 4.6 5.3 4.1 2.7 2.8 FY21 FY22 FY23 FY24 FY25 Q2FY26 Borrowing (₹ Cr) 7,485 6,692 7,051 6,852 7,064 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26
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CORPORATE INFORMATION
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IIFL Finance is listed holding NBFC with 2 major subsidiaries for housing & Micro-finance 34 IIFL Finance (Listed)~ 80% ~ 100% IIFL Samasta Finance IIFL Home Finance H1FY26 Performance: AUM: ₹ 40,023 Cr PAT: ₹ 405 Cr Customers: ~0.3 Mn Branches: 317 H1FY26 Performance: AUM: ₹ 40,450 Cr PAT: ₹343 Cr Customers: ~1.9 Mn Branches: 2,840 H1FY26 Performance: AUM: ₹ 9,650 Cr PAT: ₹ (58) Cr Customers: ~2.5 Mn Branches: 1,641 Note: 1. PAT is Profit after tax before Non-Controlling Interest for H1FY26 MSME Loan Gold Loan Other Retail Loans Microfinance MSME Secured Loan Home Loan
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49% 32% 11% 4% 2% 0% 1% 2% loans are for productive purposes 95% 13% 24% 50% 10% 3% 1% 0 to 1 lac 1 to 2 lac 2 to 3 lac 3 to 5 lac 5 to 10 lac >10 lac customers are from economically weaker section 86% branches in non-metro areas to cater to the underserved 84% 16% 41% 28% 14% Metro Urban Semi Urban Rural Loans by Loan purpose % Customers by Annual Income Buckets (₹) Branches by area category Note: Figures as on Sept 30, 2025 Data is consolidated for IIFL Finance, IIFL Home Finance and IIFL Samasta Finance 35 Serving Bharat: Productive Lending to Low-Income & Underserved Segments
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Strategy focused on collateral-backed, high-growth retail lending 36 Partnerships Strategic alliances with banks to source high-quality retail and PSL loans, complemented by fintech collaborations that accelerate customer acquisition and deliver superior user experiences. Phygital A robust network of ~4,800 branches powering origination, collection, and secure gold storage - integrated with advanced digital platforms that enhance cost efficiency, customer engagement, and credit underwriting. Two-pronged strategy Business Model Our Competitive Moat Deep Management Expertise Strong Balance Sheet & Financials Rigorous Risk, Compliance & Control Trusted Brand & Market Leadership Operational Excellence & technology leadership Uniquely Positioned for High-ROE, Scalable Growth in Retail Lending Focused on collateral-backed and cash flow-based retail loans across high-growth, resilient segments
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MSME Lending is the new growth engine 37 Tapping India’s vast MSME potential with Scalable, Digital Lending Market Opportunity Source: Crisil Research • MSME sector: ₹20-25 lakh crore of unmet credit demand • 80%+ of MSMEs remain outside formal credit—huge growth runway • Government initiatives (e.g., Credit Guarantee schemes) and robust digital infrastructure provide strong momentum • Group-wide network of 4780 branches ensures deep market penetration • Digital and AI-powered underwriting engines and early warning systems drive superior asset quality • Loans qualify for PSL, enabling strong bank partnerships and co-lending opportunities IIFL Strengths
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Robust Compliance, Risk & Governance Framework 38 Fully compliant with RBI Scale-Based Regulations (SBR) for Upper Layer NBFCs Independent Board Committees for Audit, Risk, Nomination & Remuneration, and CSR Quarterly stress-testing and scenario analysis across key portfolios Dedicated Chief Compliance Officer and Internal Audit reporting directly to the Board Automated rule-based compliance engine across ~4,800 branches Monthly monitoring of early warning signals (EWS) and collection trends Whistleblower Policy, Vigilance Mechanism, and Anti-Corruption Code in place Our Commitment to Strong Governance & Regulatory Compliance
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39 Former Chairman, NHB Srinivasan Sridhar Chairman & Non- Executive Director Fairfax Nominee Gopalakrishnan Soundarajan Non-Executive Director Former Chairman, NABARD Govinda Rajulu Chintala Chairman & Independent Director Former Deputy Governor, RBI B. P. Kanungo Independent Director CEO, IIFL Home Finance Girish Kousgi Managing Director Former CEO, Shriram Capital Ramakrishnan Subramanian* Independent Director Former President, ICAI Nihar Niranjan Jambusaria* Independent Director Former MD, Equifax Kalengada Mandanna Nanaiah Independent Director Former World Bank Consultant Mohua Mukherjee Independent Director ADIA Nominee Kabir Mathur Nominee Director Former COO, Titan Bijou Kurien Independent Director Former MD & CEO, SBI-SG Sistla Uma Shanmukhi Independent Director Former CRO, HDFC Limited Mathew Joseph Independent Director Former Corporate Finance Head, Standard Chartered Venkataramanan Anantharaman Independent Director LIC Nominee T S Ramakrishnan Non-Executive Nominee Director MD, IIFL Samasta Finance N Venkatesh Managing Director ED, Accenture Mohan Sekhar Independent Director Partner, ANB Global Nirma Bhandari Independent Director CIO, IIFL Samasta Finance Shivaprakash Deviah Whole-time Director Former Director General, Income Tax, Mumbai M. V. Bhanumathi Independent Director Co- founder, IIFL Group R Venkataraman* Joint Managing Director Founder, IIFL Group Nirmal Jain* Managing Director Distinguished board of directors in the company & its subsidiaries IIFL Home Finance Board IIFL Samasta Finance BoardIIFL Finance Board*Denotes common directors on the board of parent and subsidiaries
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2007 2010 2016 2011 2022 Started credit business Shareholding Pattern % holding Promoters 24.9 Institutional Investors 51.1 Fairfax 15.2 Capital Group 7.9 Bank Muscat India Fund 3.3 Theleme 2.5 Vanguard 2.2 HSBC MF 2.1 Abakkus 1.9 Bavaria Industries AG 1.7 Blackrock 1.2 Mahindra Manulife MF 1.0 Public & Others 24.0 As of Sept 30, 2025 (Formerly Orient Global) (Formerly CDC Group) Since inception, marquee global investors have reposed faith in our business & management 40
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An experienced senior management with strong credentials 41 Pranav Dholakia Business Head - CRE MBA, CA N Venkatesh MD, IIFL Samasta Finance Leadership program in Microfinance at Harvard Kapish Jain Group Chief Financial Officer CA, CWA, CS Preeti Kannan Chief Human Resource Officer MBA-HR, MS-Psychotherapy & Counselling Rahul Sanklecha Chief Risk Officer FRM, MBA, BE Girish Kousgi MD & CEO, IIFL Home Finance MBA, BCom Gaurav Sharma Chief Technology Officer BE – IIT, Roorkee Experience of 25+ years Edelweiss Financial Services Experience of 25+ years Founder, Samasta Microfinance prior to acquisition by IIFL Experience of 25+ years PNB Housing, AU, ICICI Pru Life, Deutsche Bank Experience of 26+ years Kotak Bank, Bajaj Finance, Fujitsu, Oracle, Mindtree 16+ years of credit & policy experience Poonawalla Fincorp, Lendingkart, ICRA Experience of 25+ years PNB Housing, Can Fin Homes, Tata Capital, IDFC Bank, ICICI Bank Experience of 29+ years L&T Finance, MaxLife Insurance, TCS (Founding TCS Bancs member) Nirmal Jain Managing Director PGDM-IIMA, CA, CWA R Venkataraman Joint Managing Director PGDM-IIMB, BE – IIT, Kharagpur Founded and led IIFL since 1995. Worked with Unilever for 5 years Co-founder of IIFL. Worked with ICICI Bank, Barclays Mayank Sharma Chief AI & Innovation Officer MBA, Leadership programs from IIMC, ISB Experience of 23+ years in wealth management, broking, insurance and lending in IIFL Group of companies Shivalingam Pillai Chief Compliance Officer CA, CWA, CS Experience of 25+ years Mahindra Finance, HDFC Sales Kirti Timmanagoudar Head - Co lending & Strategic Alliances MBA Experience of 23+ years Co-founder & Partner, BrickEagle Frost & Sullivan, Geojit, First Global Manish Mayank Business Head – Gold Loans BE, MBA Experience of 20+ years in BFSI working with ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank & Muthoot Fincorp K S Praveen Head – Audit Assurance MS, Kings College, London, MBA, CAIIB Experience of 22 years with 19+ years serving RBI and a brief stint with Bank of England in Insurance Supervision Binay Mishra Head – Legal Law Experience of 21 years in Legal and Regulatory working with Srei ICICI Bank, Citibank N.A., Axis Bank, Reliance Capital Samrat Sanyal Company Secretary & Compliance Officer BCom (Honors), CS Has previously worked with Bank of America group, Motilal Oswal group, Birla group, TIL group and Martin Burn
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Received Gold Level LEED Certification for our owned office in Gurugram. Adopted renewable energy in our Hubtown office, Mumbai through Tata Green Tariff scheme (since January 2023). Installed solar panels in our Gurugram office. Adopted access-based printing, default printing on both sides of the paper across all our offices and branches. Installed paper shredder machines across large offices and also engaged with vendors for safe disposal of waste paper. Pioneered Green Building concept in partnership with housing developers through "Kutumb" platform. It provides industry experts and housing developers, a platform to promote sustainable infrastructure. Installed rainwater harvesting system in our Registered office building during the year. Started recycling waste water as flush water & in watering plants in this office Installed sensors in taps to regulate water consumption in restrooms We measure our waste generation and aim to strengthen our waste management initiatives. Dry and wet waste is picked up by local municipal bodies. E-waste is given to authorized vendors for recycling. Adopting environmentally conscious solutions in our business initiatives as well IIFL has signed a US$ 68 million loan with Asian Development Bank (ADB) to improve funding to affordable green housing for lower-income groups in India. 80% will be earmarked for women borrowers and 20% for green-certified homes. Environment, Social & Governance - Environment 42
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IIFL is firmly committed to support economic activity and financial inclusion through its loan offerings while adapting to changes in the external environment 76% of the branches are located in non-metros, semi-urban and rural areas Small-ticket loans for purpose of income generation activities 24.47 lakhs+ families benefited in 22 states & UT with financial intervention 50,908+ dairy farmers supported through 8 cattle health centers in 2 States. 91.28% of the Unsecured MSME digital loans given are of less than ₹ 1 Million 73,000+ families benefitted under CLSS and 1750+ Cr. subsidy provided till date 1,64,267+ loans given to the informal segment 96% loans given to female borrowers/ co- borrowers 3,09,251+ first time home buyers GOLD LOAN BUSINESS LOAN MICRO- FINANCE HOME LOAN Environment, Social & Governance - Social 43
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CSR projects continue with creative use of technology Environment, Social & Governance - Social Skill development training in ‘Chef Trade’ - Kashmir Exposure visit undertaken by Home-stay Host Training Prog. students – Arunachal Pradesh Sakhiyon ki Baadi – Rajasthan IIFL Foundation’s flagship program – Sakhiyon Ki Baadi (SKB), is dedicated to provide foundational literacy and numeracy to out-of-school girls in Rajasthan and facilitate their progression at government schools Each centre operates for 4 hours a day and 6 six days of a week and learning happens through interactive sessions by adopting play- way method, music, drama and exposure to the field The programme greatly benefits girls from the indigenous tribal communities viz. Bhils, Gameti, Kalbeliya, Rebari, Meena and Garasiya., who happen to be the first generation to attain formal education Sakhiyon ki Baadi – Rajasthan Supporting Education of children and Youths - Maharashtra A training programme in Banking and Finance for youths from lower income groups (underprivileged), building their skills to embark a career in the respective sector, through course curated by industry veterans. Students pursuing Bachelors Degree in Commerce, qualify to enroll in this programme. Support to Primary section of a school to educate children from marginalized communities (slum), so that they do not dropout of school, due to financial constraints. Students progress to the secondary section, which runs in the same premise and receives aid from BMC. Support to a Shelter Home (Boys) to provide the primary needs of housing, food, clothing, medical and place of safety to children in distress, and those who lack social and economic assistance. A skill building programme for youths in the Tezu block of Lohit district, to up skill 120 youths to setup Home-stays and promote tourism in their village The programme is supported by the National Cadet Corp (NCC) - India, under the Ministry of Defence and REACHA (Implementing agency), supported by Lohitpur Brigade and Dao Division. The program helps to transform lives of underprivileged youths by providing comprehensive training in homestay hospitality management to provide livelihood and help promote tourism in Tezu, District – Lohit. In alignment with Hon. PM Shri Narendra Modi’s and MDoNER’s vision for Northeast development. (Ministry of Development of North Eastern Region, GoI) Home-Stay Host Training – Arunachal Pradesh The programme aims to provide skill training to 120 economically disadvantaged Kashmiri youths, allowing them an opportunity to embark a career in Food and beverage (Restaurant & Hospitality) sector The candidates are complete the course with assessment by Tata Strive, with a team from Vivanta by Taj facilitating the practical exam on-site. The Programme is implemented with support of the Indian Army's 41 Rashtriya Rifles (RR) and Maratha Light Infantry (LI) in Kupwara, an aspirational district. Skill Development Training in ‘Chef Trade’ (Commis Chef) for 120 Youths – Kashmir 44
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Promote sound corporate governance practices, ethical standards, and compliance with the laws of the land. Disclose our strategy, key targets and goals to all key stakeholder groups (internal and external) and report our progress annually. Incorporate ESG aspects into our policies and practices, assess our performance through a robust internal ESG governance structure Corporate policies and guidelines: Board Diversity Policy, Whistle Blower Policy, CSR Policy, Interest Rate Policy, Grievance Redressal Policy, etc. Business ethics and compliance: Anti-Corruption Policy, Vigilance Policy & Code of Conduct. Establishing vision, mission and values and determining, reviewing the goals and policies of the Company from time to time Environment, Social & Governance - Governance 45 Corporate governance and ethical business conduct are one of the fundamental pillars of a successful business. We strive to maintain the highest standards of business ethics.
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Note: 1. *for Consolidated entity 2. Quarter results for the period ended Sept 30, 2025 3. Intergroup adjustments includes IIFL Fintech Private Limited 46 Reconciliation of reported consolidated results with group entities Q2FY26 (₹ Cr) IIFL Finance Standalone IIFL Home Finance* IIFL Samasta Finance Intergroup adjustments IIFL Finance Consolidated Interest income 1,256.6 745.6 404.9 39.9 2,447.0 Interest expense (758.4) (436.5) (192.7) 5.7 (1,381.9) Net interest income 498.2 309.2 212.1 45.6 1,065.1 Non-fund based income 497.0 225.9 159.9 (45.1) 837.7 Total income 995.2 535.1 372.0 0.5 1,902.7 Operating expense (513.6) (133.0) (223.5) (0.1) (870.2) Pre provision operating profit 481.6 402.1 148.5 0.4 1,032.5 Loan losses & provision (211.6) (131.0) (157.7) - (500.3) Core profit before tax 270.0 271.1 (9.3) 0.4 532.2 Net gain/(loss) on fair value changes 13.5 (3.2) 14.0 0.3 24.5 Profit before tax 283.5 267.8 4.7 0.7 556.7 Profit after tax (pre NCI) 210.7 203.9 2.9 0.5 417.9
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Click here to download databook Data reported across previous quarters is now continued to be reported in a Data Book, maintained in an excel format on our website. The Link for the data book is hosted below. 47 Link to databook
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Thank you Published in Oct 2025 IIFL Finance Ltd. All rights reserved. Regd. Off: IIFL House, Sun Infotech Park, Road No. 16V, Plot No.B-23, Thane Industrial Area, Wagle Estate, Thane – 400604. This report is for information purposes only and does not construe to be any investment, legal or taxation advice. It is not intended as an offer or solicitation for the purchase and sale of any financial instrument. Any action taken by you on the basis of the information contained herein is your responsibility alone and IIFL Finance Ltd (hereinafter referred as IIFL) and its subsidiaries or its employees or directors, associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained herein, but do not represent that it is accurate or complete. IIFL or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this publication. The recipients of this report should rely on their own investigations. IIFL and/or its subsidiaries and/or directors, employees or associates may have interests or positions, financial or otherwise in the securities mentioned in this report. 48