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L&T FINANCEInvestor Presentation Q2FY27
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2 Disclaimer L&T Finance Limited (the “Company”) offers a range of financial products and services under the L&T Finance (LTF) brand. The information provided in this presentation by the Company is for information purposes only. This presentation or any information herein shall not be used, reproduced, copied, photocopied, duplicated or otherwise reproduced in any form or by any means, or re-circulated, redistributed, passed on, published in any media, website or otherwise disseminated, to any other person, in any form or manner. This presentation does not constitute an offer or invitation or inducement to purchase or sell or subscribe to, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment thereof. This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement or an offer document to purchase or sell securities under the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Securities and Exchange Board of India (Issue and Listing of Non-convertible Securities) Regulations, 2021 or any other applicable law, as amended from time to time. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. No representation, warranty, guarantee or undertaking, express or implied, is or will be made or any assurance given as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of any information, estimates, projections or opinions contained herein. Potential investors must make their own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make such independent investigation as they may consider necessary or appropriate for such purpose. The statements contained in this presentation speak only as at the date as of which they are made, and the Company expressly disclaims any obligation or undertaking to supplement, amend or disseminate any updates or revisions to any statements contained herein to reflect any change in events, conditions or circumstances on which any such statements are based. Neither the Company nor any of its affiliates, its board of directors, its management, advisers or representatives, or any other persons that may participate in any offering of securities of the Company, shall have any responsibility or liability whatsoever (in negligence or otherwise) for any loss (direct or indirect) howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The Company may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any person of such revision or changes. Certain statements made in this presentation may be “forward looking statements” for purposes of laws and regulations of India and other than India. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition, general business plans and strategy, the industry in which the Company operates and the general, business, competitive and regulatory environment of the Company. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “projects,” or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in such forward-looking statements as a result of various factors and assumptions, including future changes or developments in the Company’s business, its competitive environment, information technology and political, economic, legal, regulatory, environmental and social conditions in India, which the Company believes to be reasonable in light of its operating experience in recent years. The Company does not undertake to revise any forward-looking statement that may be made from time to time by or on behalf of the Company. The distribution of this presentation in certain jurisdictions may be restricted by law and persons in whose possession this presentation comes should inform themselves about, and observe, any such restrictions. The financial figures, information, data and ratios (audited and unaudited) other than consolidated PAT, provided in this presentation are management representation based on internal financial information system of the Company. These financial figures are based on restatement of certain line items in the consolidated financial statements of the Company and describe the manner in which the management of the Company monitors the financial performance of the Company. There is a possibility that these financial results for the current and previous periods may require adjustments due to changes in financial reporting requirements arising from new standards, modifications to the existing standards, guidelines issued by the Ministry of Corporate Affairs and RBI. By accessing this presentation, you accept this disclaimer and that any claims arising out of or in connection with this presentation shall be governed by the laws of India and the courts in Mumbai, India shall have exclusive jurisdiction over the same. Disclaimer clause of RBI: The Company has a valid certificate of registration dated April 29, 2024 issued by the RBI under section 45 IA of the RBI Act (pursuant to the change in name to LTF). However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the Company, or for the correctness of any of the statements or representations made or opinions expressed by the Company, and for repayment of deposits/ discharge of liabilities by the Company.
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L&T Finance Pedigree & Position 3 Retail Upper Layer NBFC Part Of Illustrious L&T Group Granular Retail Franchise Extensive Distribution Network Premium Liability Franchise Branches: 3,100+ Ratings: Domestic: AAA Intl: ‘BBB’ & ‘BBB-’ Book: ₹1,36,000 Cr+ Customer base: 3 Cr+ Villages: ~2,00,000 Cities / Towns: 450+ Presence across Rural & Urban
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Be a Risk-first, Tech-first AI-native Retail Financial Services Institution Our Operating Credo 4
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5 Lakshya 2031 Accelerating the growth agenda
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LAKSHYA 2031 GOALS Lakshya 2031 is the leap from Transformation to Delivery BOOK GROWTH 20%+ CREDIT COST <2% ROA 3.0% - 3.2% Early goal achievement should transition into sustained performance for the tenure of the plan ROE 16% - 18% 6 Unveiled in April 2026
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Lakshya 2031 Progress Report 7 PARTICULARS LAKSHYA 2031 GOALS (Remain Unchanged) Q4 FY26 Q1 FY27 Q2 FY27 Book Growth 20%+ 25% 27% 28% Credit cost <2% 2.64% 2.54% 2.46% RoA 3% - 3.2% 2.40% 2.48% 2.60% RoE 16% - 18% 11.71% 12.71% 13.56% WIP WIP WIP IN LINE
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RoA & RoE Tracker 8 PARTICULARS Q2 FY26 Q1 FY27 Q2 FY27 Book (₹ Cr) 1,07,096 1,29,634 1,36,635 Yields 14.62% 14.81% 14.76% NIMs+ Fees 10.22% 10.47% 10.48% Opex 4.05% 4.03% 4.08% Credit cost 2.98%* 2.54% 2.46% RoA 2.41% 2.48% 2.60% RoE 11.33% 12.71% 13.56% * Credit cost after macro utilization is 2.41%
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9 Financial Snapshot – Q2FY27 +28% YoY +5% QoQ₹ 1,36,635 Cr BOOK +27% YoY +1% QoQ₹ 24,027 Cr DISBURSEMENTS +223bps YoY +85bps QoQ13.56% ROE +19bps YoY +12bps QoQ2.60% ROA +33% YoY +8% QoQ₹ 975 Cr PAT +26bps YoY +1bp QoQ10.48% NIMS+FEES
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Deep Tech & AI powered execution – Foundation of Lakshya 2031 10
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Cutting-edge in-house AI & Deep Tech stack Native Engineering capability – 1,000+ Tech & Data Scientists Super-fast solutions development cycle THE TECH MULTIPLIER 11
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12 Proprietary Deep Tech AI Stack Creating Intelligence with Applicative AI Customer Intelligence Credit Intelligence Portfolio Intelligence Service Intelligence Customer Consent & Verification Branch FLS/DSA Call Centre App Social Media Website Acquisition Layer Portfolio Layer Unified Customer Experience Product Technology Stack Bureau, AA Unified customer data platform External Marketplaces Cyclops Nostradamus PLANET, Hercules External Data Sources Open API & Microservice based architecture Real time Intelligence and Learning Layer Technology modernization across value chain DATA INTELLIGENCE Zero Trust Architecture 100+ Scorecards 7+ Alternate data channels AI IS THE OPERATING SYSTEM LEVERAGED FOR CUSTOMER LIFE CYCLE MANAGEMENT
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13 C Y C L Φ P S The underwriting core of the platform Omni-product, omni-customer, next-generation underwriting engine running on a Gen-3 architecture WHAT IS C Y C L Φ P S • Consumes bureau, banking, payments, micro-geography,trust signals, alternate data & customer history • Supports multiple scorecards & segmentation logic for thick-file, thin-file, NTC & ETC customers • Built on Kubernetes-based Gen-3 architecture for speed, scale & low-latency decisioning FEATURE SET • 100+ scorecards / data science library context • Real-time orchestration • Output traceability & benchmarking Identifies Prime & ‘Undiscovered’ Prime customers WHAT IT CHANGES • Sharper customer selection • Prime / near-prime mix improvement – Prime share on book @ 84% in Two Wheeler • Better pricing & lower bounce / NNS Live & Operational 2W Farm PL SME RBF Go Live In FY27 / H1 FY28 (Q4FY25) (Q2FY26) (Q2FY26) (Q3FY26) Cyclops - referred to as Project Cyclops Mortgage
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Pre Cyclops Cyclops Disbursements ₹ 2,621 Cr ₹ 3,170 Cr Avg IRR 17.6% 17.3% NTC mix 33% 24% Account Aggregator penetration 18% 79% Prime mix 52% 92% 14GNS : Proportion of customers who bounced their 1st EMI (before intervention) | NNS : Proportion of customers who bounced their 1st EMI | NTC : New to Credit C Y C L Φ P S : Two-Wheeler Successful Implementation Seasoned C Y C L Φ P S Two-Wheeler portfolio indicators Sourcing Summary Delinquency indicators Bounce (%) 22% 12.5% Pre-Cyclops Cyclops 13% 8.5% Pre-Cyclops Cyclops GNS (%) 3.7% 0.3% Pre-Cyclops Cyclops NNS (%) (Q1FY25) (Q2FY27) (Avg Q1FY25) (Avg Q2FY27) (Avg Q1FY25) (Avg Q2FY27) (Avg Q1FY25) (Avg Q2FY27) (Avg Q1FY25) (Avg Q2FY27) (Avg Q1FY25) (Avg Q2FY27) (Avg Q1FY25) (Avg Q2FY27) (Avg Q1FY25) (Avg Q2FY27)
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15 N O S T R Δ D Δ M U S Portfolio intelligence and augmented decisioning N O S T R Δ D Δ M U S monitors the book after disbursement WHAT IS N O S T R Δ D Δ M U S • Automated Portfolio monitoring engine that tracks customer-level risk after disbursement • Uses internal loan performance, bureau, banking, economic, digital and external market signals FEATURE SET • One Organisational view • State of the art GUI • Stress Testing Module • Integration with Collection systems • Deep dive views WHAT IT CHANGES • Generates Early Warning Signals, collection actions, dashboards & self-serve portfolio insights • Makes it very easy & fast for analysts to decipher stress areas • Allows for automated stress testing Live & Operational 2W PL RBF Go Live In FY27 / H1 FY28 (Q1FY27) (Q1FY27) Nostradamus - referred to as Project Nostradamus | GUI: Graphic User Interface FarmSME
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16 CO-PILOTS – DEMOCRATISING AI Co-pilots speed and deepen human decisions across underwriting, fraud, service and collections H E L I Φ S SME, Home Loan & PL underwriting co-pilot FLAGSHIP ~80,000 Files Processed 21 16 37 22 TAT reduction Banking analysis, bureau insights, deviation matrix & faster, more consistent decisioning Φ R I Φ N Nostradamus portfolio-management co-pilot ~5,000 Business Queries Conversational self-serve queries, live portfolio awareness & report generation ShigraM Mortgage legal process automation BROADER FACTORY 9,500+ Files Processed 11 Vernacular Languages M O P P Δ Mortgage policy & pricing assistant 240+ Queries / day 15 Vernacular Languages Δ R G U S Fraud screening in SME SEP SENP (hrs) All Co-pilot names have to be prefixed with the name Project | SEP : Self Employed Professionals | SENP : Self Employed Non-Professionals ~9,700 Files Processed
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17 AI CITIZEN Facilitating Tech DNA Upgrade Following exclusive leadership training, the "AI Citizen" initiative is expanding enterprise-wide by building a network of AI Champions to drive organization-wide adoption 1,200+ Employees 5,000+ Agents created 21,000+ Chat sessions LAUNCHED "AI CITIZEN“, WITH GEMINI ENTERPRISE AGENT PLATFORM BUILD CUSTOM AGENTS THAT BOOST OPERATIONAL PRODUCTIVITY Senior Management building AI Agents INITIATIVE FOCUSING ON UPGRADING EMPLOYEES TOWARDS USAGE OF AI IN THEIR FUNCTIONAL AREAS
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18 HΞRCULΞΣ PHASE 1 LAUNCHED IN BETA | INVESTOR DEMO IN DEC 2026 @ Agentic AI based cross-sell platform Launched (Phase 1 - Q2FY27) • Hercules powered by New Lead Management System (LdMS) • LdMS live for upsell and cross sell across all Urban products; rural products will be introduced by mid-November 2026 • Good early traction with gold loans lead conversions; focused efforts underway to drive conversions across all products • Employee adoption driven by process simplicity and LdMS platform agility Agentic Platform • Work in progress across multiple workstreams in enabling Agentic use cases & best-in-class cross sell agentic platform • Customer Launch targeted for go-live in December 2026 • Significant scale-up in disbursements from this platform expected by Q4FY27 and early FY28
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19 What will the proprietary tech & AI stack deliver? SUSTAINED GROWTH IMPROVED CREDIT REDUCED OPEX AI & TECH @ LTF IS NOT A MEANS, IT IS A CORE OPERATING PHILOSOPHY
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Lakshya 2031 Goal monitorables 20
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BOOK GROWTH 21
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22 18,883 23,852 24,027 Q2FY26 Q1FY27 Q2FY27 DISBURSEMENTS +27% YoY +1% QoQ 6,316 6,961 6,356 Q2FY26 Q1FY27 Q2FY27 Rural Business Finance 1,654 2,453 1,643 Q2FY26 Q1FY27 Q2FY27 Farmer Finance 8,143 10,787 10,329 Q2FY26 Q1FY27 Q2FY27 Urban Finance 1,468 1,567 1,820 Q2FY26 Q1FY27 Q2FY27 SME Finance 983 1,928 3,237 Q2FY26 Q1FY27 Q2FY27 Gold Finance +1% YoY -9% QoQ -1% YoY -33% QoQ +27% YoY -4% QoQ +24% YoY +16% QoQ +229% YoY +68% QoQ Disbursement increased by 27% on YoY basis ₹ in Cr
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23 1,07,096 1,29,634 1,36,635 Q2FY26 Q1FY27 Q2FY27 BOOK +28% YoY +5% QoQ 27,460 32,493 33,465 Q2FY26 Q1FY27 Q2FY27 Rural Business Finance 15,943 17,514 17,397 Q2FY26 Q1FY27 Q2FY27 Farmer Finance 51,298 63,615 67,668 Q2FY26 Q1FY27 Q2FY27 Urban Finance 7,465 8,884 9,495 Q2FY26 Q1FY27 Q2FY27 SME Finance 1,475 3,829 5,043 Q2FY26 Q1FY27 Q2FY27 Gold Finance +22% YoY +3% QoQ +9% YoY -1% QoQ +32% YoY +6% QoQ +27% YoY +7% QoQ +242% YoY +32% QoQ Book increased by 28% on YoY basis ₹ in Cr
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24 Growth in Distribution Network Two Wheeler Finance Active sourcing points (nos.) Rural Group Loans & MFI New villages activated (nos.) Farm Equipment Finance Active sourcing points (nos.) Personal Loans Active DSAs & E-aggregators (nos.) Home Loan / LAP Active sourcing points (nos.) Gold Finance Active branches (nos.) 9,453 25,670 2,766 64 298 Q2 FY27 502 8,515 28,229 2,590 58 321 Q2 FY26 130 8,914 23,467 2,750 67 310 Q1 FY26 343 3 Cr+ Customer Database 93 Lac+ Active Customers
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25 CREDIT COST
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26 RBF Collection Efficiency (1/3) Trending at normalized levels 0 DPD CE = POS of 0 DPD collected / POS of 0 DPD billed 0-90 DPD CE = POS of 0-90 DPD collected / POS of 0-90 DPD billed RURAL BUSINESS FINANCE RURAL GROUP LOANS & MICRO FINANCE 0 DPD CE % 0-90 DPD CE % RURAL FY26 FY27 99.8% 99.8% 99.8% 99.8% 99.7% 99.7% 99.3% 99.4% 99.4% 99.5% 99.5% 99.5% 99.6% 99.6% 99.7% 99.7% 99.7% 99.8% 90.00% 92.00% 94.00% 96.00% 98.00% 100.00% 102.00% 104.00% 95.00% 95.50% 96.00% 96.50% 97.00% 97.50% 98.00% 98.50% 99.00% 99.50% 100.00% Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 99.2% 99.2% 99.2% 99.1% 99.0% 98.9% Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 97.5% 97.5% 97.8% 97.9% 98.0% 98.2% 98.3% 98.5% 98.7% 98.9% 99.1% 99.2% DPD: Days Past Due Charts not to scale
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27DPD: Days Past Due | Charts not to scale Farmer Finance Collection Efficiency (2/3) Robust pointers to a lowering delinquency RURAL FARMER FINANCE FARM EQUIPMENT FINANCE Regular CE = cashflow received from 0 DPD customer for billing / billing of 0 DPD customer FY26 FY27 89.8% 92.2% 93.0% 92.4% 91.4% 92.1% 89.8% 91.5% 94.0% 93.5% 92.5% 93.8% 91.1% 92.9% 93.7% 93.6% 92.3% 92.5% Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
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28DPD: Days Past Due | Charts not to scale Urban Collection Efficiency (3/3) Trending at healthy levels URBAN SME FINANCE TWO WHEELER FINANCE PERSONAL LOANS Regular CE = cashflow received from 0 DPD customer for billing / billing of 0 DPD customer FY26 FY27 HOME LOANS & LAP
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29 Improved Credit Quality Trends (1/3) RBF : Best-in-class delinquency levels 100% 20% Industry LTF On Due Date (ODD) CE % vs Borrower Vintage Rural Group Loans & Micro Finance Calculation methodology of Indexed representationIndexed representation of Industry Delinquency vs LTF Source: Industry data by Transunion CIBIL CE: Collection Efficiency Basis rolling 12-month sourcing cohorts (in ₹) 3-5 Yrs 5+ Yrs 1-3 Yrs <1 Yrs Delinquency is calculated as 12 Month On Book (MOB) ever 90+ performance in Jul’25- Jun’26 for last 12 mth disbursements over Jul’24- Jun’25 period ATS • If industry delinquency is X%, that is taken as the base on an index of 100% • LTF delinquency is shown as a percentage of this index, i.e. 20% of X 98.7% 98.9% 98.4% 98.9% 98.8% Sep25 Dec25 Mar26 Jun26 Sep26 - 20,000 40,000 60,000 80,000 1,00,000 Sep25 Dec25 Mar26 Jun26 Sep26
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30 Improved Credit Quality Trends (2/3) Optimum LTV and ATS with industry leading delinquency levels Farm Equipment Finance Two Wheeler Finance LTV % & ATS (₹ in lacs) 100% 64% Industry LTF 100% 57% Industry LTF Indexed representation of Industry Delinquency vs LTF Indexed representation of Industry Delinquency vs LTF Delinquency is calculated as 12 Month On Book (MOB) ever 90+ performance in Jul’25-Jun’26 for last 12 mth disbursements over Jul’24-Jun’25 period Basis rolling 12-month sourcing cohorts ATS LTV Source: Industry data by Transunion CIBIL 77% 78% 78% 79% 80% 115K 114K 114K 116K 117K 0 20 40 60 80 100 120 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% Sep25 Dec25 Mar26 Jun26 Sep26 71% 71% 71% 71% 72% 5.6 5.5 5.5 5.5 5.5 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 60% 62% 64% 66% 68% 70% 72% 74% Sep25 Dec25 Mar26 Jun26 Sep26 LTV % & ATS (in ₹) ATS LTV
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31 Improved Credit Quality Trends (3/3) Prudent LTV with industry leading delinquency levels Home Loans 100% 17% Industry LTF Indexed representation of Industry Delinquency vs LTF 100% 10% Industry LTF Indexed representation of Industry Delinquency vs LTF LAP Delinquency is calculated as 12 Month On Book (MOB) ever 90+ performance in Jul’25-Jun’26 for last 12 mth disbursements over Jul’24-Jun’25 period Basis rolling 12-month sourcing cohorts 63% 61% 61% 61% 63% 71 78 82 77 82 - 10 20 30 40 50 60 70 80 90 0% 20% 40% 60% 80% 100% 120% Sep25 Dec25 Mar26 Jun26 Sep26 59% 60% 59% 59% 59% 85 91 95 91 96 - 10 20 30 40 50 60 70 80 90 100 0% 20% 40% 60% 80% 100% 120% Sep25 Dec25 Mar26 Jun26 Sep26 Source: Industry data by Transunion CIBIL ATS & LTV % (₹ in lacs) ATS & LTV % (₹ in lacs) ATS LTV ATS LTV
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32Industry figures are as per CRIF Highmark data | DPD: Days Past Due | PAR: Portfolio at Risk Retail Asset Quality (1/3) Normalised asset quality – Rural Group Loans & MFI Best-in-class 0 DPD portfolio and PAR trends vis-à-vis the Industry 87.2% 86.8% 83.5%Industry 87.4% 86.9% 96.8% 97.1% 97.0% 95.8%LTF 96.8% 96.4% 80.2% 0 DPD book 94.9% 78.9% LTF PAR Trends Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 PAR 1-30 0.0% 0.1% 0.1% 0.3% 0.6% 1.0% 1.1% 1.1% 0.9% 0.6% 0.5% 0.5% 0.5% PAR 31-60 0.1% 0.2% 0.2% 0.3% 0.5% 0.6% 0.9% 0.6% 0.5% 0.4% 0.3% 0.2% 0.3% PAR 61-90 0.1% 0.1% 0.2% 0.2% 0.4% 0.6% 0.5% 0.6% 0.5% 0.4% 0.3% 0.2% 0.3% PAR 90+ 3.0% 2.5% 2.5% 2.4% 2.1% 2.1% 2.6% 2.6% 2.6% 2.7% 2.6% 2.6% 2.6% 95.1% 77.0% 95.5% 75.2% 95.9% 75.5% 96.4% 77.9% 96.5% 77.9% 96.3% -NA-
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33Industry figures are for the immediately preceding quarter reported as per CRIF Highmark data | DPD: Days Past Due Retail Asset Quality (2/3) ‘0 DPD’ for our 3 fulcrum products FARM EQUIPMENT FINANCE TWO WHEELER FINANCE 82.3% 87.8% Industry LTF 83.8% 92.0% Industry LTF 77.9% 96.3% Industry LTF RURAL GROUP LOANS & MICRO FINANCE
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34Stage wise book and corresponding provisions are based on customer dpd Retail Asset Quality (3/3) Stagewise assets & provision summary Stage wise (in ₹ Cr) Q2FY26 Q2FY26 (% of Total) Q1FY27 Q1FY27 (% of Total) Q2FY27 Q2FY27 (% of Total) Stage 1 99,258 94.89% 1,22,353 95.94% 1,29,207 95.99% Stage 2 2,296 2.20% 2,018 1.58% 2,127 1.58% Stage 3 3,053 2.92% 3,164 2.48% 3,265 2.43% Total 1,04,607 100% 1,27,535 100% 1,34,600 100% G R O S S A S S E T S Stage wise (in ₹ Cr) Q2FY26 Q2FY26 (% PCR) Q1FY27 Q1FY27 (% PCR) Q2FY27 Q2FY27 (% PCR) Stage 1 537 0.54% 1,046 0.86% 1,172 0.91% Stage 2 519 22.58% 498 24.67% 527 24.80% Stage 3 2,183 71.51% 2,203 69.62% 2,303 70.52% Total 3,238 3.10% 3,747 2.94% 4,002 2.97% P R O V I S I O N Stage wise (in ₹ Cr) Q2FY26 Q2FY26 (% of Net Assets) Q1FY27 Q1FY27 (% of Net Assets) Q2FY27 Q2FY27 (% of Net Assets) Stage 1 98,721 94.86% 1,21,307 95.90% 1,28,036 95.96% Stage 2 1,778 1.71% 1,520 1.20% 1,600 1.19% Stage 3 870 0.85% 961 0.77% 963 0.73% N E T A S S E T S
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35Asset Quality numbers are based on Exposure at Default (EAD) Maintained steady Retail and Consol Asset Quality Retail and Consol GS3 3,053 3,164 3,265 870 961 963 2.92% 2.48% 2.43% 0.85% 0.77% 0.73% -1% 1% 3% 5% 7% 9% 11% 13% 0501001502002503003504004505005506006507007508008509009501,0001,0501,1001,1501,2001,2501,3001,3501,4001,4501,5001,5501,6001,6501,7001,7501,8001,8501,9001,9502,0002,0502,1002,1502,2002,2502,3002,3502,4002,4502,5002,5502,6002,6502,7002,7502,8002,8502,9002,9503,0003,0503,1003,1503,2003,2503,3003,3503,4003,4503,5003,5503,6003,6503,7003,7503,8003,8503,9003,9504,0004,0504,1004,1504,2004,2504,3004,3504,4004,4504,5004,5504,6004,6504,7004,7504,8004,8504,9004,9505,000 Q2FY26 Q1FY27 Q2FY27 RETAIL - ASSET QUALITY 71%72% 70% 3,521 3,704 3,761 1,046 1,137 1,137 3.29% 2.86% 2.75% 1.00% 0.90% 0.85% 0% 3% 6% 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 Q2FY26 Q1FY27 Q2FY27 GS3 (%)NS3 (₹ Cr)GS3 (₹ Cr) NS3 (%) PCR (%) 70% 69% 70% CONSOLIDATED – ASSET QUALITY
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36CGFMU : Credit Guarantee Fund for Micro Units | CGTMSE : Credit Guarantee Fund Trust for Micro & Small Enterprises | Retail PCR Avg (4 Yr & 2 Qtr) for Stage 2 excl. macro prudential prov Enhancing Risk Management Initiated additional measures in RBF & SME businesses Rural Group Loans & MFI SME Finance APPROACH TO MANAGING MULTI-DIMENSIONAL RISKS Enhancing risk coverage in cyclical portfolios Credit Guarantee CGFMU Credit Guarantee CGTMSE Mode of Protection Parametric Insurance (Flood) Risk management objective is to maintain predictability through cycles, albeit at a reasonable cost Maintaining conservative PCR through cycles Retail PCR Avg (Q1FY23 to Q2FY27) : Stage 1 - 0.6% | Stage 2 – 17.2% | Stage 3 – 75% Retail PCR (as of Q2FY27) : Stage 1 - 0.9% | Stage 2 – 24.8% | Stage 3 – 71% Cohort-based selection: • Customers in 1st & 2nd cycle across geographies Recently initiated parametric insurance in flood-prone areas • Majority SME Finance book now covered by CGTMSE scheme
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Premium Liability Franchise – Strong Foundation for Lakshya 2031 Delivery 37
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38 Proactive Asset Liability Management Diversified liability mix coupled with timely fund raising enabled achieve lowest-ever quarterly WACB of 6.95% in Q2FY27 DIVERSIFIED LIABILITY MIX (%) WEIGHTED AVERAGE COST OF BORROWING (WACB) (%) Bank Loan - Non-PSL Bank Loan - PSL FI Loan NCD Private Retail NCD CP ECB Others ‘AAA’ rating CRISIL, ICRA, CARE, India Ratings Repositioned borrowing profiles to take advantage of improved market liquidity Leveraged Retail Asset profile to garner competitive funding ₹ 1,23,306 Cr ₹ 97,749 Cr 7.80% 7.83% 7.84% 7.68% 7.32% 7.25% 7.17% 7.20% 6.95% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 7.50% 7.46% 7.80% 7.83% 7.35% FY22 FY23 FY24 FY25 FY26 Sep-25 Sep-26 23% 27% 4% 27% 1% 7% 8% 2% 28% 23% 7% 22% 1% 8% 7% 4% O/s Borrowings
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39 Prudent ALM - as on September 2026 Structural Liquidity statement Continue to maintain cumulative positive liquidity gaps Interest Rate sensitivity statement 1 year Gap ₹ Cr Re-priceable assets 90,526 Re-priceable liabilities 84,659 Positive 5,867 17,408 18,729 23,426 30,164 37,280 60,883 92,748 2,274 2,638 6,703 10,830 16,139 29,957 52,410 1-7 days 8-14 days 14 days-1 month 1-2 months 2-3 months 3-6 months 6-12 months Cumulative Inflows (₹. Cr) Cumulative Outflows (₹. Cr) Cumulative Positive Gap 15,134 16,091 19,335 21,141 30,926 40,33916,722 Cumulative (%) 666% 610% 179% 131% 103% 77%249%
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40 Credit rating These long-term ratings are investment grade and are at par with India’s Sovereign Credit Rating These ratings will enable the Company to tap global capital markets and further diversify its liability franchise and deepen investor base International Ratings – at par with India’s Sovereign Rating Rating Agency Long-term / Short-term Rating of LTF S&P Global Ratings (S&P) BBB / Stable / A-2 Fitch Ratings (Fitch) BBB- / Stable AAA credit rating – Domestic Rating Agencies The ‘AAA’ rating is driven by LTF’s diversified business mix with strong presence across the financial services space, strategic importance and strong support from L&T, strong resource raising ability, adequate capitalisation and comfortable liquidity position Rating Agency Long-term / Short-term Rating of LTF Crisil Ratings, ICRA, CARE, India Ratings AAA / Stable / A1+
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ANNEXURES 41
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42 Index of Annexures Pan India Branch NetworkI Financials Other Annexures II III
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43Pincode wise location mapping Granular and extensive distribution network State Rural Branches Urban Branches Madhya Pradesh 114 61 Maharashtra 118 47 Uttar Pradesh 222 41 Gujarat 102 59 Karnataka 258 42 West Bengal 125 49 Andhra Pradesh 98 16 Telangana 88 21 Haryana 38 68 Rajasthan 93 75 Bihar 432 23 Punjab 43 67 Odisha 125 45 Tamil Nadu 419 7 Kerala 95 3 Others 71 97 Pan India 2,441* 721* LTF Rural Network 18 States ~2,00,000 Villages LTF Urban Network (incl. Gold Finance branches) 450+ Cities / Towns 4 UT 23 States Total Branch Count: 880 (Rural – 159, Urban – 721) *Rural Branches includes RGL & MFI meeting centres (2,282) MLAP branches (157) & dedicated Farmer Finance branches (2) | *Urban Branches includes dedicated Gold Finance branches (530) & other shared branches (191) LTF Gold Finance Network Book Mix : Urban - 62% | Rural – 38%
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44 Index of Annexures Pan India Branch NetworkI Financials Other Annexures II III
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45*Q3FY25, Q4FY25, Q1FY26 & Q2FY26 credit cost is after utilization of macro-prudential provision of ₹ 100 Cr, ₹ 300 Cr, ₹ 300 Cr & ₹ 150 Cr respectively in Rural Business Finance | #Exceptional item refers to one-time impact of New Labour Code; Q3FY26 RoA before this exceptional item is 2.37% Historical Financial Performance Consolidated LTF Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Retailisation 54% 58% 64% 75% 82% 88% 91% 94% 95% 96% 97% 97% 98% 98% 98% 98% 98% 99% NIMs 6.54% 6.90% 7.41% 7.63% 8.06% 8.62% 8.97% 9.14% 9.31% 8.94% 8.50% 8.15% 8.24% 8.42% 8.58% 8.78% 8.54% 8.88% Fee & Other Income 1.69% 1.53% 1.39% 1.58% 1.58% 2.22% 1.95% 2.11% 1.77% 1.92% 1.83% 2.01% 1.98% 1.80% 1.83% 1.70% 1.93% 1.60% NIMs + Fees 8.23% 8.43% 8.80% 9.21% 9.64% 10.84% 10.93% 11.25% 11.08% 10.86% 10.33% 10.15% 10.22% 10.22% 10.41% 10.47% 10.47% 10.48% Opex 2.97% 3.19% 3.37% 3.58% 3.81% 4.29% 4.38% 4.69% 4.45% 4.17% 4.41% 4.22% 4.21% 4.05% 4.05% 4.14% 4.03% 4.08% Credit cost (before macro util.) 3.63% 2.54% 2.67% 2.24% 2.33% 2.58% 2.52% 2.39% 2.37% 2.59% 2.91% 3.80% 3.43% 2.98% 2.83% 2.64% 2.54% 2.46% Credit cost (after macro util.) - - - - - - - - - - 2.49%* 2.54%* 2.23%* 2.41%* - - - - Opex + Credit cost 6.60% 5.73% 6.04% 5.82% 6.14% 6.86% 6.89% 7.08% 6.83% 6.77% 6.90% 6.76% 6.43% 6.46% 6.87% 6.78% 6.57% 6.54% RoA 1.02% 1.55% 1.66% 1.90% 2.13% 2.42% 2.53% 2.19% 2.68% 2.60% 2.27% 2.22% 2.37% 2.41% 2.31%# 2.40% 2.48% 2.60% PAT (₹ Cr) (before exceptional item) 262 406 454 501 531 595 640 666 686 696 626 636 701 735 760# 807 902 975 PAT (₹ Cr) (after exceptional item) - - - - - - - 554 - - - - - - 739# - - - Retail Book (₹ Cr) 47,794 52,040 57,000 61,053 64,274 69,417 74,759 80,037 84,444 88,975 92,224 95,180 99,816 1,04,607 1,11,990 1,19,508 1,27,535 1,34,600 Consol Book (₹ Cr) 88,078 90,098 88,426 80,893 78,566 78,734 81,780 85,565 88,717 93,015 95,120 97,762 1,02,314 1,07,096 1,14,285 1,21,728 1,29,634 1,36,635 PCR 55% 55% 60% 69% 71% 76% 75% 76% 75% 71% 71% 71% 71% 70% 72% 67% 69% 70% NS3% 1.87% 1.85% 1.72% 1.51% 1.19% 0.82% 0.81% 0.79% 0.79% 0.96% 0.97% 0.97% 0.99% 1.00% 0.92% 0.96% 0.90% 0.85% CRAR 23% 23% 23% 25% 26% 25% 25% 23% 22% 22% 22% 22% 21% 20% 19% 18% 18% 19%
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46 Lending Business – Business wise disbursement split Q2FY26 Particulars (₹ Cr ) Q1FY27 Q2FY27 Y-o-Y (%) 1,654 FARMER FINANCE 2,453 1,643 (1%) 1,654 Farm Equipment Finance 2,453 1,643 (1%) 6,316 RURAL BUSINESS FINANCE 6,961 6,356 1% 6,120 Rural Group Loans & Business Loans 6,600 5,981 (2%) 196 Micro LAP 361 375 92% 8,143 URBAN FINANCE 10,787 10,329 27% 2,512 Two Wheeler Finance 3,006 3,170 26% 2,918 Personal Loans 4,380 4,233 45% 1,802 Home Loans 2,216 2,070 15% 912 LAP 1,185 856 (6%) 1,468 SME FINANCE 1,567 1,820 24% 983 GOLD FINANCE 1,928 3,237 229% 319 ACQUIRED PORTFOLIO 157 642 101% 18,883 RETAIL FINANCE 23,852 24,027 27% 13 Infrastructure Finance - - - - Real Estate Finance - - - 13 WHOLESALE FINANCE - - - 18,896 TOTAL DISBURSEMENT 23,852 24,027 27%
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47 Lending Business – Business wise book split Q2FY26 Particulars (₹ Cr ) Q1FY26 Q2FY27 Y-o-Y (%) 15,943 FARMER FINANCE 17,514 17,397 9% 15,943 Farm Equipment Finance 17,514 17,397 9% 27,460 RURAL BUSINESS FINANCE 32,493 33,465 22% 26,617 Rural Group Loans & Business Loans 30,735 31,377 18% 843 Micro LAP 1,758 2,088 148% 51,298 URBAN FINANCE 63,615 67,668 32% 13,013 Two Wheeler Finance 15,068 16,158 24% 10,878 Personal Loans 16,917 18,664 72% 20,626 Home Loans 23,008 23,810 15% 6,781 LAP 8,622 9,036 33% 7,465 SME FINANCE 8,884 9,495 27% 1,475 GOLD FINANCE 3,829 5,043 242% 966 ACQUIRED PORTFOLIO 1,201 1,531 59% 1,04,607 RETAIL FINANCE 1,27,535 1,34,600 29% 1,314 Infrastructure Finance 1,257 1,247 (5%) 1,175 Real Estate Finance 841 789 (33%) 2,489 WHOLESALE FINANCE 2,098 2,036 (18%) 1,07,096 TOTAL BOOK 1,29,634 1,36,635 28%
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48 LTF Consolidated – Summary financial performance Q2FY26 Particulars (₹ Cr ) Q1FY27 Q2FY27 Y-o-Y (%) 3,852 Interest Income 4,654 4,945 28% 1,634 Interest Expense 1,970 1,970 21% 2,218 NIM 2,684 2,975 34% 474 Fee & Other Income 605 537 13% 2,692 Total Income 3,289 3,512 30% 1,068 Operating Expense 1,267 1,368 28% 1,624 Earnings before credit cost 2,023 2,145 32% 785 Credit Cost [-] (Before utilizing Macro-prudential provisions) 800 824 5% (150) Macro-prudential provisions utilized [+] - - (100%) 635 Credit Cost (After utilizing Macro-prudential provisions) 800 824 30% 989 PBT 1,223 1,321 34% 735 PAT 902 975 33%
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49* Book Value Per Share for Q1FY27 at ₹ 112.6 due to dividend payment of ₹ 2.75 per share, aggregating to ~₹ 700 Cr LTF Consolidated – Summary financial performance Q2FY26 Particulars (₹ Cr ) Q1FY27 Q2FY27 Y-o-Y (%) 1,07,096 Closing Book 1,29,634 1,36,635 28% 1,04,527 Average Book 1,26,074 1,32,909 27% 26,358 Networth 28,213 29,267 11% 105.4 Book Value per share (₹) 112.6 116.8 11% 2.9 Basic Earning per share (₹) 3.6 3.9 33%
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50 LTF Consolidated – Key Ratios Q2FY26 Particulars (₹ Cr ) Q1FY27 Q2FY27 14.62% Yield 14.81% 14.76% 8.42% Net Interest Margin 8.54% 8.88% 1.80% Fee & Other Income 1.93% 1.60% 10.22% NIM + Fee & Other Income 10.47% 10.48% 4.05% Operating Expenses 4.03% 4.08% 6.16% Earnings before credit cost 6.43% 6.40% 2.98% Credit Cost (Before utilizing Macro-prudential provisions) 2.54% 2.46% 2.41% Credit Cost (After utilizing Macro-prudential provisions) 2.54% 2.46% 2.41% Return on Assets 2.48% 2.60% 3.71 Debt / Equity (Closing) 4.09 4.21 3.59 Debt / Equity (Average) 3.97 4.05 11.33% Return on Equity 12.71% 13.56% Particulars Tier I Tier II CRAR Consolidated CRAR ratio 17.50% 1.17% 18.67%
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51 Index of Annexures Pan India Branch NetworkI Financials Other Annexures II III Sustainability (ESG & CSR) Digital Update Board and Senior Management
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52 App as a powerful digital channel for customer PLANET App 190 641 1,373 2,168 Q2FY24 Q2FY25 Q2FY26 Q2FY27 Collection (₹ Cr) 11.4x 0.6 1.2 2.0 2.7 Sep'23 Sep'24 Sep'25 Sep'26 Downloads ( in nos. Cr) 4.5x 1,313 2,027 3,955 5,934 Q2FY24 Q2FY25 Q2FY26 Q2FY27 Business (₹ Cr) 4.7x 47% 82% 88% 94% Q2FY24 Q2FY25 Q2FY26 Q2FY27 Servicing % 6.7x 4.7 Rating
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53 App as a powerful digital channel for customer Partner PLANET – Building a smarter Dealer ecosystem Rating 2,008 20,752 51,433 43,954 Dec'25 Mar'26 Jun'26 Sep'26 Logins 21x 277 1,178 2,182 1,654 Dec'25 Mar'26 Jun'26 Sep'26 Retail dashboard logins 6x 483 6,114 12,371 19,853 Dec'25 Mar'26 Jun'26 Sep'26 Registrations 41x 4.4 4.4 stars on Play Store & 4.6 stars on App Store Live for Farm and TW dealers
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54 Digital delivery: Touching every part of the customer ecosystem Customer focused digital first approach in not only Urban but also in Rural 100% Digital Disbursements (Rural + Urban) 99% eNach Penetration (Urban) 97% Digital Collections (Urban) 44% Digital Collections (Rural) Paperless Journey in Rural Group Loans, 2W Finance, Farm Equip. Finance, Personal Loans 100%
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55 Marked improvement in Rural Digital collections over the years Rural Group Loans & Micro Finance Farm Equipment Finance 3% 3% 5% 10% 21% 19% 23% 23% 27% 29% 35% 35% 40% 37% 38% Apr'23 Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Mar'26 Jun'26 Sep'26 32% 41% 38% 47% 48% 53% 53% 59% 61% 63% 63% 67% 64% 71% 69% Apr'23 Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Mar25 Jun'25 Sep'25 Dec'25 Mar'26 Jun'26 Sep'26
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56*Score calculation based on response from customers onboarded during July - September 2026 Net Promoter Score Investing in enriching customer experience to build brand loyalty With a goal to measure and improve customer satisfaction, initiated measurement of NPS starting October 2023 Continuous monitoring of NPS towards strengthening customer relationship and customer loyalty SME Loans Two Wheeler Finance Rural Group Loans & Micro Finance Farm Equipment Finance Home Loans & LAP Personal Loans 705956 57 6869 LTF achieved an overall Net Promoter Score (NPS) of 60 NPS in Rural Segments NPS in Urban Segments
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57 Index of Annexures Pan India Branch NetworkI Financials Other Annexures II III Sustainability (ESG & CSR) Digital Update Board and Senior Management
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58SDG – Sustainable Development Goals L&T Finance – Businesses aligned with Sustainability goals 39% of the loan book franchise is towards financing sustainable livelihoods; 64% of workforce is employed from Rural Employment Generation Reach Stakeholder Ecosystem Financing the underbanked & underserved Generating sustainable livelihood Penetrating underserved geographies Promoting rural entrepreneurship Moving communities from unorganized to organized Enabling financial inclusion BUSINESS DEEPLY INTERTWINED WITH ESG SDG Linkage Digital Seamless Paperless journey Promoting doorstep banking 2,200 + Branches Active customers across ~2,00,000 Villages 28,000 + employees hired from Rural India FARMERSWOMEN ENTREPRENEURS ~1.9 Cr Customers RURAL : ₹ 52,000 CR+ BOOK PAN-INDIA GEO PRESENCE CHANNELS CUSTOMERS FIELD FORCE 100% Digital disbursements 100% Paperless journey 44% Digital Collections 2,700+ Dealer Partnerships Farm Equipment Direct Rural Group Loans & Micro Finance 900+ Accredited Warehouses Agri Allied Direct Micro LAP DIGITAL
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59Data for Q2 FY27 | ESG : Building a Sustainable Future – Key Highlights Enhanced renewable energy transition: Powered 78 branches via renewable energy sources to cut operational emissions and advance our carbon-neutral goals Solar Rooftop Solution: Solar Rooftop Rollout: Branch assessment and installation across 100 locations targeted for completion in Q3 & Q4 FY27 Waste Management: Safely recycled 693 kg of electronic waste, mitigating environmental impact and furthering our commitment to a circular economy Driving Energy Efficiency Through AI+OCR Automation: Implemented AI+OCR automated tracking across ~500 branches to streamline energy monitoring and eliminate late fee surcharges Employee Volunteering: Purpose in Action: Contributed over 900+ hours via Employee volunteering initiatives and driving meaningful social impact. Empowering Our Workforce with Essential CPR Skills: Conducted CPR trainings across major sites to foster a safer, fully prepared workplace environment. Driving Workforce Alignment via DEI Sensitization Initiatives: Engaged teams through specialized DEI workshops and strategic communications designed to promote open dialogue and cultural awareness Introducing Urja & Watson: Driving LTF's Culture of Sustainability: Blending proactive action with informed awareness inspiring resource efficiency & responsible decision-making Disaster Management: Relief kits distributed to 1.28 lakh+ flood affected beneficiaries across 5 states; Bihar, Gujarat, Assam, Odisha, Keralam and Madhya Pradesh Finclusion of Rural Women: Over 3.90 lakh women have gained financial inclusion through flagship Digital Sakhi CSR project Thought Leadership: Championing ESG Beyond Compliance: Driven industry leadership at the CII Western Region Annual Conference 2026, moderating key discussions on decarbonization and green finance Hazard Identification and Risk Assessment: Successfully executed 45 HIRA assessment enhancing operational safety standards and proactive risk management Celebrating Excellence: Global Fintech Award Winner in the Fintech for Good category, affirming our commitment to embedding sustainable practices ESG Fact Book Publication: Released ESG Fact Book, providing key stakeholders with a consolidated, data-driven report on our sustainability performance and governance metrics Climate Engagement Social Engagement Stakeholder Engagement Secured NSE Sustainability Rating & Analytics ESG Rating of 78, categorised as “Leader”
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60 ESG : Building a Sustainable Future – Key Metrics Convergence of Social Schemes: Rs. 88 Cr + Sensitization of Rural Communities: on Cyberfraud: 20,000+ ESG Training module: 21,509 hrs. Financial Inclusion of Rural Communities: 7.4 lakh+ Diversity at Workplace: 8.1% female participation Govt. Stakeholder Consultations: 12 Community Stakeholder Workshops: 39 Customer Satisfaction: 60 NPS Score ENVIRONMENT SOCIAL GOVERNANCE
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61 ESG : Building a Sustainable Future – Ratings Performed in top decile in the FBN Diversified Financial Services and Capital Markets Industry in the S&P Global Corporate Sustainability Assessment (Score as of September 2025) 81.9 - ‘High footprint’ ‘Low Risk’ (July 2026) 73 categorised as ‘Leadership’ (June 2026) 78 (August 2026) CRISIL ESG Ratings & Analytics NSE Sustainability Ratings & Analytics
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62 Corporate Social Responsibility Social Good, Uplifting the lives of Communities @ Scale New Initiative – Integrated Community Development Project (ICDP) Climate Impact Management Digital & Financial Inclusion Launched Integrated Community Development Project (ICDP) across five locations; East Bardaman (West Bangal), Purnea (Bihar), Jhabua (Madhya Pradesh), Kalaburagi and Kolar (Karnataka) bringing flagship community development programs together under one umbrella: • Digital Sakhi project for Digital & Financial Inclusion • Jalvaibhav 2.0 for water conservation • Project Prakruti for promoting horticulture plantation • Project Utthan for promoting climate smart villages, etc. 950 Digital Sakhis onboarded in 4 states as part of the ICDP project with an objective to reach 47.50 lakh+ beneficiaries 4 , 40 , 000 + community members outreached under ongoing Digital Sakhi projects in West Bengal, Tamil Nadu, Uttar Pradesh, Bihar, Rajasthan & Gujarat Over 50 , 000 community members availed benefits of social entitlement & other government schemes worth Rs . 48 Crore+ Disaster Management Social Inclusion Relief kits distributed to 32,000+ families of victims of floods in 24 districts of Bihar, Gujarat, Assam, Odisha, Keralam and Madhya Pradesh Jalvaibhav 2.0 launched in Kalaburagi & Kolar (Karnataka), Jhabua (Madhya Pradesh) and East Bardaman (West Bengal) for undertaking water conservation & management measures benefitting 10,000+ farmers. Project Utthan launched in Kalaburagi & Kolar (Karnataka), Jhabua (Madhya Pradesh), East Bardaman (West Bengal) and Purnea (Bihar) to promote to promote Climate Smart Agri - Practices and clean drinking water access Under Road Safety campaign, 8,500+ school children were outreached in Mumbai.
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63 Meaningful CSR Impact Since FY18 Districts 40 Villages 6,300+ Overall Outreach 87.40 Lakh+ States 15 Digital Sakhi Project Prakruti (Plantation) | Jalvaibhav Disaster Relief Skill Training | Health Camps | Road safety 95% Digital Sakhi(s) are self-reliant from completed projects 230+ Digital Seva Kendra(s) extending community services 76 Lakh+ community outreach through 3,000+ Digital Sakhi(s) Rs. 678 Crore+ social schemes provided to over 6.50 Lakh+ community members 17,500+ rural women micro entrepreneurs trained Re.1 (invested) = Rs. 123 (Social Value): Social Return on Investment 2.68 Lakh plantation providing avenue for income generation of farmers 265 Lakh KL water harvesting capacity (water positivity ensured) >94% survival rate of horticulture & miyawaki plantation 60,000+ Farmers benefitted from water conservation and management activities 200+ Water structures created benefitting 122 villages in drought-prone areas 1.90 Lakh+ relief kits distributed amongst the community for disaster relief 7.8 Lakh beneficiaries provided relief during natural catastrophes 11 states covered during disaster relief 1.50 lakh+ youth sensitized on two-wheeler road safety 290+ health camps provided primary healthcare services to the underprivileged 89,000+ students from govt. schools sensitized on road safety behaviour Leading the way! ISO 26000:2010 Social Responsibility Digital and Financial Inclusion Disaster Management Climate Impact Management Social Inclusion
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64 Corporate Social Responsibility Communication & Recognition RecognitionCommunication 1 2 Brand India Summit 2026 (By Brand Honchos) Most Impactful CSR Project of the Year- 2026 (Digital & Financial Inclusion Empowering Women) Global Fintech Award Fintech for Good – Champions of ESG award Mahatma Awards 2026 Digital Transformation and Social Impact Bharat CSR Award Best Empowering Women & Girls 3 4 1
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65 Index of Annexures Pan India Branch NetworkI Financials Other Annexures II III Sustainability (ESG & CSR) Digital Update Board and Senior Management
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66 Well experienced and diversified Board BOARD OF DIRECTORS Sudipta Roy, Managing Director & CEO o 30 years of experience across multiple domains in BFSI such as Consumer/Retail Banking, Payments, Credit/Debit Cards, Sales Management, Marketing and Business Intelligence. S.N. Subrahmanyan, Non-Executive Director, Chairman o Current Chairman & Managing Director of Larsen and Toubro Limited. o Over 42 years of sterling experience in engineering, project management, transformative organizational leadership and a driver of digitalization Raju Dodti, Whole-time Director & COO o In his current role oversees the growth of retail finance businesses across regions and provides leadership to the operations and customer services functions. o Over 28 of experience in Infrastructure Finance, Real Estate Finance and SME Finance. Dr. R. Seetharaman , Independent Director o Former CEO of Doha Bank o Over 42 years of experience in the banking industry o Awarded the prestigious "Pravasi Bharatiya Samman", the highest civilian honor for overseas Indians, by the Government of India o Named "Best CEO in Middle East" seven times in the last 15 years Nishi Vasudeva, Independent Director o Former Chairperson and Managing Director of Hindustan Petroleum Corporation Ltd o Over 44 years of experience in Petroleum Industry o First Indian to be awarded the Global CEO of the year at Platt’s Global Energy Awards 2015 Dr. Rajani Gupte, Independent Director o Current Vice Chancellor of Symbiosis International University, Pune. o Over 45 years of experience in teaching and research at prestigious institutes. Dhananjaya Tambe, Independent Director o Former Dy. Managing Director & CIO of State Bank of India. o Over 40 years of experience in managing IT-Operations ,handling IT-Transformation, Collaboration and Marketing. Prashant Kumar, Independent Director o Former Managing Director & CEO of Yes Bank, Former DMD & CFO – State Bank of India o Over 40 years of experience in risk management, regulatory engagement, capital stewardship and institutional transformation. R. Shankar Raman, Non-Executive Director o Current President & Whole-time Director – Finance of Larsen and Toubro Limited o Over 42 years of experience in finance, including audit and capital markets Sachinn Joshi, Whole-time Director & CFO o In his current role leads Finance & Accounts, Financial Planning & Analysis, Treasury, Investor Relations, Credit and Economic Affairs functions as the Whole- time Director and Chief Financial Officer o Former Chief Financial Officer of Aditya Birla Finance o Over 36 years with expertise in finance and operations.
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67 Management Committee Sudipta Roy Managing Director & CEO 30 yrs exp, ICICI Bank, Deutsche Bank, Citibank NA Raju Dodti Whole-time Director & COO 28 yrs exp, IDFC, Rabo, ABN Amro, Soc Gen Jinesh Shah CE – Urban Secured Assets & Third-Party Products 30 yrs exp, HSBC, Citibank, ICICI Abhishek Sharma CE – SME Finance 21 yrs exp, Indian Army Sonia Krishnankutty CE – Rural Business Finance 27 yrs exp, Bank of Baroda Manish Kumar Gupta CE – Urban Unsecured Assets, Payments & Partnerships 24 yrs exp, ICICI Bank, Deutsche Bank, HSBC, Transunion CIBIL Apurva Rathod Company Secretary & Chief Sustainability Officer 24 yrs exp, Fidelity AMC, Kotak Mahindra AMC Sachinn Joshi Whole-time Director & CFO 36 yrs exp, Aditya Birla Financial Services, Angel Broking, IL&FS Asheesh Goel CE – Farmer Finance 32 yrs exp, Citibank NA Ramesh Aithal Chief Digital Officer 28 yrs exp, Elastic Search BV, Zenefits, Goldman Sachs, Ness Technologies Dr. Debarag Banerjee Chief AI & Data Officer 28 yrs exp, Jio, Intel, Lockheed Martin Kavita Jagtiani Chief Marketing Officer 26 yrs exp, Pidilite, General Mills, ICICI Bank
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68 Thank You