IIFL Finance Limited

rs,

January 30, 2023 The Manager, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001. BSE Scrip Code: 532636 The Manager, Listing Department, The Nati

₹423 Crore

8 10 – 16 18 – 28 30 – 39 41 – 54 55 2 Quarterly Snapshot (Consolidated) Quarter net profit ₹423 Crore - up 37% yoy, 7% qoq; RoE at 17.9% (₹ Cr) Q3FY23 Q3FY22 YoY % Q2FY23 QoQ % Loan AUM 57,941 46

37%

– 28 30 – 39 41 – 54 55 2 Quarterly Snapshot (Consolidated) Quarter net profit ₹423 Crore - up 37% yoy, 7% qoq; RoE at 17.9% (₹ Cr) Q3FY23 Q3FY22 YoY % Q2FY23 QoQ % Loan AUM 57,941 46,780 24%

7%

– 39 41 – 54 55 2 Quarterly Snapshot (Consolidated) Quarter net profit ₹423 Crore - up 37% yoy, 7% qoq; RoE at 17.9% (₹ Cr) Q3FY23 Q3FY22 YoY % Q2FY23 QoQ % Loan AUM 57,941 46,780 24% 55,302

17.9%

55 2 Quarterly Snapshot (Consolidated) Quarter net profit ₹423 Crore - up 37% yoy, 7% qoq; RoE at 17.9% (₹ Cr) Q3FY23 Q3FY22 YoY % Q2FY23 QoQ % Loan AUM 57,941 46,780 24% 55,302 5% PPOP 772.7

24%

37% yoy, 7% qoq; RoE at 17.9% (₹ Cr) Q3FY23 Q3FY22 YoY % Q2FY23 QoQ % Loan AUM 57,941 46,780 24% 55,302 5% PPOP 772.7 611.3 26% 688.8 12% PAT (pre NCI) 423.2 309.9 37% 397.1 7% PAT (

5%

qoq; RoE at 17.9% (₹ Cr) Q3FY23 Q3FY22 YoY % Q2FY23 QoQ % Loan AUM 57,941 46,780 24% 55,302 5% PPOP 772.7 611.3 26% 688.8 12% PAT (pre NCI) 423.2 309.9 37% 397.1 7% PAT (post NCI)

26%

) Q3FY23 Q3FY22 YoY % Q2FY23 QoQ % Loan AUM 57,941 46,780 24% 55,302 5% PPOP 772.7 611.3 26% 688.8 12% PAT (pre NCI) 423.2 309.9 37% 397.1 7% PAT (post NCI) 378.3 309.7 22% 379.6

12%

FY22 YoY % Q2FY23 QoQ % Loan AUM 57,941 46,780 24% 55,302 5% PPOP 772.7 611.3 26% 688.8 12% PAT (pre NCI) 423.2 309.9 37% 397.1 7% PAT (post NCI) 378.3 309.7 22% 379.6 (0%) Gross

22%

611.3 26% 688.8 12% PAT (pre NCI) 423.2 309.9 37% 397.1 7% PAT (post NCI) 378.3 309.7 22% 379.6 (0%) Gross NPA % 2.08% 2.79% (0.7%) 2.42% (0.3%) Net NPA % 1.06% 1.47% (0.4%) 1.

0%

688.8 12% PAT (pre NCI) 423.2 309.9 37% 397.1 7% PAT (post NCI) 378.3 309.7 22% 379.6 (0%) Gross NPA % 2.08% 2.79% (0.7%) 2.42% (0.3%) Net NPA % 1.06% 1.47% (0.4%) 1.22% (0.2%)

2.08%

re NCI) 423.2 309.9 37% 397.1 7% PAT (post NCI) 378.3 309.7 22% 379.6 (0%) Gross NPA % 2.08% 2.79% (0.7%) 2.42% (0.3%) Net NPA % 1.06% 1.47% (0.4%) 1.22% (0.2%) Interim dividend of

“ 99% home loans are on-boarded and decisioned through digital platform  Market Opportunity: Affordable housing market to touch ₹13 trillion by FY25 from the current ₹9 trillion.”

“80% will be earmarked for women borrowers and 20% for green-certified homes.”

“We replaced 3,356 incandescent lights with light-emitting diode (LED) panels across 15 branches, which is an ongoing process We measure our waste generation and aim to strengthen our waste management initiatives.”

Note

2

Notes

1

Note

1. NCI: non-controlling interest 2. Net gearing is calculated after reducing free cash/ liquid assets and securitized assets from the gross debt as per Ind AS accounting Earnings per share ₹10 (Not annualized) Book value per share ₹225.6 Return on Equity 17.9% Return on Assets 3.4% Capital Adequacy NBFC HFC 21.5% 49.3% Net gearing 3.2x Liquidity ₹8,562 Cr 3 Quarterly Results (Consolidated) Income ₹1,339 - up 30% yoy, 8% qoq; PPOP ₹773 - up 26% yoy, 12% qoq ₹ Cr Interest income Interest expense Net interest income Non-fund based income Total income Operating expense Pre provision operating profit Loan losses & provision Net Gain/(Loss) on Fair Value Changes Profit before tax Profit after tax (pre minority) Minority Interest Profit after tax (post minority) Total Comprehensive Income (post minority) Book value per share (₹) Earnings per share (₹ not annualized) Q3FY23 Q3FY22 Y-o-Y Q2FY23 Q-o-Q 1,618.6 1,412.0 (809.5) (772.8) 809.1 530.3 639.2 392.7 1,339.4 1,032.0 (566.7) (420.7) 772.7 6

Note

1. 2. Excluding fair value changes Abbreviations used –PPOP: Pre-provision operating profit, NCI: non-controlling interest, ROA: Return on Asset 14 Key business metric – Capital & gearing Robust financials with capital adequacy at over 20% and gearing close to 3x ADIA invested ₹2200cr for a 20% stake in the the HFC. Well above the statutory threshold of 15% CRAR. Key business metrics Loan AUM growth Portfolio Yield Cost of borrowing Asset quality Profitability Capital & gearing Liquidity Latest quarter (₹ Cr) Q3FY23 Q3FY22 YoY % Q2FY23 QoQ % Networth (Excl. Minority) 8,571 6,089 41% 8,172 5% CRAR % IIFL Finance (Standalone) 21.5% 25.4% (3.89%) 21.7% (0.24%) - Tier 1 - Tier 2 13.8% 18.0% (4.17%) 14.0% (0.19%) 7.7% 7.4% 0.28% 7.7% (0.05%) IIFL Home Finance 49.3% 31.4% (17.59%) 52.0% (2.76%) - Tier 1 - Tier 2 40.7% 22.1% 18.64% 43.2% (2.43%) 8.5% 9.6% (1.05%) 8.9% (0.33%) Last 5 years 7.1 Net Gearing 5.7 5.1 4.8 4.2 3.2 FY18 FY19 FY20 FY21 FY22 FY23 (nine month) Note: Net gearing is calcu

Notes

9MFY23 numbers are annualized wherever applicable Total income is excluding gain/loss on fair value changes 50 IIFL Samasta Finance: Quarterly Results ₹ Cr Interest income Interest expense Net interest income Non-fund based income Total income Operating expense Q3FY23 Q3FY22 Y-o-Y Q2FY23 Q-o-Q 362.96 243.3 (151.2) (101.4) 211.8 141.9 49% 49% 49% 336.61 (132.6) 204.0 8% 14% 4% 90.3 18.0 401% 32.4 179% 302.1 159.9 (142.4) (92.1) 89% 55% 236.4 28% (130.7) 9% Pre provision operating profit 159.7 67.8 136% 105.7 51% Loan losses & provision Core Profit before tax Net Gain/(Loss) on Fair Value Changes Profit before tax Profit after tax (pre minority) (101.9) (34.6) 195% (89.5) 14% 57.8 2.1 59.9 47.2 33.2 1.6 34.8 27.1 74% 31% 72% 74% 16.3 255% 1.6 35% 17.9 14.2 236% 233% Figures have been regrouped as per Consol Financials 51 IIFL Samasta Finance : Nine months ended Results ₹ Cr Interest income Interest expense Net interest income Non-fund based income Total income Operating expense Pre provi