Dam Capital Advisors Limited

INR 214

ing Institutional Equities PRIVATE & CONFIDENTIAL Performance Snapshot – 9M FY25 Total Income – INR 214 Cr – up 120% y-o-y Profit after tax – INR 95 Cr – up 154% y-o-y Transactions – 17 transactions exe

120%

al Equities PRIVATE & CONFIDENTIAL Performance Snapshot – 9M FY25 Total Income – INR 214 Cr – up 120% y-o-y Profit after tax – INR 95 Cr – up 154% y-o-y Transactions – 17 transactions executed raisin

INR 95

TIAL Performance Snapshot – 9M FY25 Total Income – INR 214 Cr – up 120% y-o-y Profit after tax – INR 95 Cr – up 154% y-o-y Transactions – 17 transactions executed raising ~INR 20,000 Cr RoE – 60.9%* Ne

154%

ce Snapshot – 9M FY25 Total Income – INR 214 Cr – up 120% y-o-y Profit after tax – INR 95 Cr – up 154% y-o-y Transactions – 17 transactions executed raising ~INR 20,000 Cr RoE – 60.9%* Net Cash^ avai

INR 20,000

o-y Profit after tax – INR 95 Cr – up 154% y-o-y Transactions – 17 transactions executed raising ~INR 20,000 Cr RoE – 60.9%* Net Cash^ available as on 31st December 2024 – INR 238 Cr 18 IPOs in pipeline^;

60.9%

– INR 95 Cr – up 154% y-o-y Transactions – 17 transactions executed raising ~INR 20,000 Cr RoE – 60.9%* Net Cash^ available as on 31st December 2024 – INR 238 Cr 18 IPOs in pipeline^; mandated for se

INR 238

tions executed raising ~INR 20,000 Cr RoE – 60.9%* Net Cash^ available as on 31st December 2024 – INR 238 Cr 18 IPOs in pipeline^; mandated for several other ECM and advisory transactions Note: *Annualiz

INR 140

MFY25 FY24 Profit after Tax: INR 95 Cr 21 52 95 71 38 154% Merchant Banking Revenue: INR 140 Cr 157% Institutional Equities Revenue: 64 Cr 70% Q3FY24 Q3FY25 9MFY24 9MFY25 FY24 30 56

157%

Profit after Tax: INR 95 Cr 21 52 95 71 38 154% Merchant Banking Revenue: INR 140 Cr 157% Institutional Equities Revenue: 64 Cr 70% Q3FY24 Q3FY25 9MFY24 9MFY25 FY24 30 56 80 14

70%

71 38 154% Merchant Banking Revenue: INR 140 Cr 157% Institutional Equities Revenue: 64 Cr 70% Q3FY24 Q3FY25 9MFY24 9MFY25 FY24 30 56 80 140 122 Q3FY24 Q3FY25 9MFY24 9MFY25 FY24

45.0%

Y24 13 20 37 64 51 Q3FY24 Q3FY25 9MFY24 9MFY25 FY24 Return on Equity (RoE* %): 60.9% 45.0% 60.9% 9MFY24 9MFY25 54.7% FY24 *RoE for the nine-months has been annualised PRIVATE & CONFID

54.7%

Y24 Q3FY25 9MFY24 9MFY25 FY24 Return on Equity (RoE* %): 60.9% 45.0% 60.9% 9MFY24 9MFY25 54.7% FY24 *RoE for the nine-months has been annualised PRIVATE & CONFIDENTIAL 3 9MFY25 – DAM Capita

“There cannot be any assurance that the results contained in the projections will be realized.”

Financial performance indicators

1

Operating performance indicators

1

Notes

1

Tax expense

1

Disclaimer

1

Financial performance indicators

Total Income (INR Cr) 104 63 45 214 97 182 85 95 Merchant Banking Revenue as a % of Total Income (1) 77.3% 59.4% 66.8% 65.4% 57.6% 67.2% 60.0% 64.0% Broking Revenue as a % of Total Income (1) 19.6% 36.5% 28.9% 29.8% 37.0% 28.3% 35.8% 32.7% Revenue per employee (INR Cr) Employee Cost as % of Total Income (3) 0.85 0.53 0.42 1.75 0.92 1.64 0.85 1.03 26.6% 39.3% 25.6% 31.0% 35.1% 35.9% 62.9% 51.0% Profit After Tax (INR Cr) PAT Margin (4) Return on Equity (5) Net Cash Available (6) 52 22 21 95 38 71 9 22 49.5% 34.2% 46.9% 44.6% 38.6% 38.8% 10.2% 23.2% - 238 - 198 - 117 60.9% 45.0% 54.7% 9.5% 28.5% 117 238 150 76 66

Operating performance indicators

Total Number of Employees Number of Capital market issuances advised (IPO, QIP, OFS, REITs, Rights Issue, Buyback, Open Offer) Number of Stocks Covered by Research Number of Sectors Covered by Research

Notes

122 120 106 6 184 23 3 162 20 7 162 19 122 12 184 23 106 12 162 19 111 21 168 19 100 13 153 20 92 12 128 19 1. 2. 3. 4. 5. 6. Merchant Banking Revenue includes Merchant Banking segment and Broking Revenue includes stock broking segment as per the segment reporting in restated financials and % is computed on Total Income Data is taken on a consolidated basis Employee Cost as % of Total Income is calculated as Employee Benefit expense / Total Income PAT Margin is calculated as PAT / Total Income Return on Equity is calculated as PAT / Average Total Equity; *Annualized for nine-months Net cash available is the sum of cash & cash equivalents, bank balances other than cash, mutual fund investments, trade receivables subtracted with provisions for variable to be paid , other payables and borrowings PRIVATE & CONFIDENTIAL 13 Financial Statements: Statement of Profit & Loss Account Particulars Quarter ended Nine Month ended Year ended 31 Dec 2024 (unaudited) 30 Sep 2024 (unaudited) 31 Dec 2023

Tax expense

- Current tax - Deferred tax Total tax expense Profit /(loss) for the period/year (V - VI) Other comprehensive income a)Items that will not be reclassified to profit and loss (i) Remeasurements of post-employment benefit obligations (ii) Income tax relating to the above (iii)Exchange diff. on translating the financial statements of a foreign operation Other comprehensive income/(loss) for the period/year Total comprehensive income /(loss) for the period/year (VII - VIII) Earnings per equity share (FV Rs 2/- each) (not annualised for interim period) (March 31, 2024-Face value Rs 10/- per equity share) - Basic (Rs.) - Diluted (Rs.) 0.37 1.64 27.62 1.28 3.80 34.72 69.29 0.35 1.75 24.88 1.48 2.83 31.29 32.04 (0.52) 0.13 – (0.39) 21.28 (0.26) 0.07 – (0.20) 51.31 17.82 (0.03) 17.79 51.51 10.41 (0.05) 10.37 21.67 3.06 2.73 7.29 3.24 – – – – 21.09 7.12 (0.04) 7.08 21.09 2.98 1.48 ^9MFY25, Q3FY25 and Q2FY25 Employee benefit expenses include provision for bonus (vs. Nil in 9MFY24 and Nil in Q3FY

Disclaimer

The purpose of this document is to provide information to assist the recipient in obtaining a general understanding of the company. The material in this document is a summary & should not be taken as complete. Further, the information contained in this document may undergo change, however DAM Capital Advisors Limited [DAM Capital] is under no obligation to update, amend or supplement the information contained herein. In furnishing this document, DAM Capital is not obligated, in any manner whatsoever, to provide the recipient with access to any additional information. The recipient should not treat the contents of this document as an advice relating to legal, taxation or investment matters and should consult its own professional advisors. It is explicitly understood that DAM Capital has not independently verified any of the information contained herein and no representation, warranty or undertaking (expressed or implied) is made, and no responsibility is accepted by DAM Capital as to th