IIFL Finance Limited

rs,

February 12, 2025 The Manager, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001. BSE Scrip Code: 532636 The Manager, Listing Department, The Nati

Rs. 82

immediate publication IIFL Finance Q3FY25 Results update IIFL Finance Q3FY25 profit after tax at Rs. 82Cr, down 85% y-o-y. For the quarter ended December 31, 2024, the Company reported profit after tax

85%

cation IIFL Finance Q3FY25 Results update IIFL Finance Q3FY25 profit after tax at Rs. 82Cr, down 85% y-o-y. For the quarter ended December 31, 2024, the Company reported profit after tax of Rs. 82 Cr

19%

82 Cr (before non-controlling interest) down 85% y-o-y. Among core products, home loan AUM grew by 19% and MSME loan AUM grew by 31%. Microfinance de-grew 14% on y-o-y basis while Gold loans de-grew by

31%

interest) down 85% y-o-y. Among core products, home loan AUM grew by 19% and MSME loan AUM grew by 31%. Microfinance de-grew 14% on y-o-y basis while Gold loans de-grew by 39% y-o-y. Overall loan AUM d

14%

Among core products, home loan AUM grew by 19% and MSME loan AUM grew by 31%. Microfinance de-grew 14% on y-o-y basis while Gold loans de-grew by 39% y-o-y. Overall loan AUM de-grew by 8% y-o-y to Rs 7

39%

nd MSME loan AUM grew by 31%. Microfinance de-grew 14% on y-o-y basis while Gold loans de-grew by 39% y-o-y. Overall loan AUM de-grew by 8% y-o-y to Rs 71,410 Cr. IIFL Finance Limited Consolidated Re

8%

ance de-grew 14% on y-o-y basis while Gold loans de-grew by 39% y-o-y. Overall loan AUM de-grew by 8% y-o-y to Rs 71,410 Cr. IIFL Finance Limited Consolidated Results Quarterly – Q3FY25 Rs Crore

Rs 71,410

14% on y-o-y basis while Gold loans de-grew by 39% y-o-y. Overall loan AUM de-grew by 8% y-o-y to Rs 71,410 Cr. IIFL Finance Limited Consolidated Results Quarterly – Q3FY25 Rs Crore Quarter ended Dec 3

0.6%

Non-controlling interest 71,410 49,702 21,708 1,282.0 534.3 101.0 - 101.0 81.7 40.7 0.6% 1.4% 1.0 281.4 2.4% 1.0% 77,444 47,210 30,234 (8%) 5% (28%) 66,964 44,527 22,437

1.4%

ntrolling interest 71,410 49,702 21,708 1,282.0 534.3 101.0 - 101.0 81.7 40.7 0.6% 1.4% 1.0 281.4 2.4% 1.0% 77,444 47,210 30,234 (8%) 5% (28%) 66,964 44,527 22,437 7%

2.4%

71,410 49,702 21,708 1,282.0 534.3 101.0 - 101.0 81.7 40.7 0.6% 1.4% 1.0 281.4 2.4% 1.0% 77,444 47,210 30,234 (8%) 5% (28%) 66,964 44,527 22,437 7% 12% (3%) 1,691.0

“Home loans, Home Equity (Secured business loan), Affordable Housing Project Finance AUM: ₹ 38,387 Cr PAT: ₹ 754 Cr Customers: ~0.3 Mn Branches: 384 IIFL Finance (Listed) IIFL Finance Standalone”

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

“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.”

“▪ This project shall help to reduce the dropping out of students from Govt.”

Note

20

Business

3

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 5% (33%) (20%) (8%) 2% 7% (2%) (54%) (5%) (12%) (29%) (12%) 6 Consolidated balance sheet as at December 31, 2024 ASSETS (₹ Cr) 1 Financial Assets (a) Cash and Bank Balances (b) Receivables (c) Loan Assets (d) Investments (e) Other financial assets LIABILITIES AND EQUITY (₹ Cr) 1 Financial Liabilities (a) (b) Payables Borrowings - Debt Securities - Borrowings (Other than Debt Securities) - Subordinated Liabilities (c) Other financial liabilities 4,224 116 49,732 4,431 1,194 Total Financial Assets (A) 59,696 Total Financial Liabilities (A) 2 Non-Financial Assets (a) Current & Deferred tax assets (Net) (b) Property, Plant and Equipment etc. (c) Other non-financial assets Total Non-Finance Assets (B) 623 1,564 170 2,358 2 3 Non-Financial Liabilities (B) Equity (a) Equity share capital (b) Other Equity Shareholder

Note

1. Previous period figures have been regrouped/ reclassified to make them comparable with those of current period 2. PAT CAGR excludes exceptional items 8 IIFL Finance (Consolidated): Funding mix Borrowing (₹ Cr) Borrowing mix Cost of borrowing 45,993 42,210 41,416 39,137 45,132 5% 18% 24% 8% 17% 23% 4% 17% 25% 6% 16% 25% 53% 52% 55% 52% 14% 16% 25% 45% 9.1% 9.1% 9.1% 9.2% 9.2% Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Securitization & others Refinance Debentures Term Loan Off-book (₹ Cr, as % of AUM) Off-book mix Net gearing 38% 33% 24,536 17,143 26% 25% 9,717 11,076 36% 28,126 30% 21,708 100% 100% 17% 31% 41% 43% 83% 69% 59% 57% 5.1 4.8 4.2 3.5 3.7 3.1 FY20 FY21 FY22 FY23 FY24 9MFY25 FY20 FY21 FY22 FY23 FY24 9MFY25 FY20 FY21 FY22 FY23 FY24 9MFY25

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 INDAS adjustment Direct Assignment Co-lending 9 Adequate liquidity, well covered to meet obligations and sustain growth (₹ Cr) Asset Liability Match (ALM) - Surplus across all buckets Well covered Debt Repayment Schedule 67,724 50,721 67,724 44,455 46,581 28,026 36,159 19,505 18,342 14,536 11,415 16,705 17,964 15,981 Interest 14,897 13,765 12,931 Principal Free Cash + undrawn lines = ₹5,656Cr 8,995 11,658 9,996 7,797 4,576 3,262 5,405 8,529 4,811 6,082 8,448 11,770 2,518 14 days 1 month 2 months 3 months 6 months 1 year 3 years 5 years All Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 10 Over the last 5 years, we have made strategic shifts to focus on providing retail, secured credit to small businesses and homes Loan AUM (₹

Note

1. ₹887 Cr of Micro-LAP sourced by IIFL Samasta and ₹1,572 Cr of Unsecured MSME sourced by IIFL Samasta is booked under Business Correspondent arrangement in IIFL Finance 12 NPAs impacted by macro trends in microfinance, unsecured lending and small-ticket LAP (2/2) Loan book (₹ Cr) Home Loan MSME Loan - MSME Secured - MSME Unsecured - Supply chain finance Personal Loan Gold Loan Microfinance Construction & real estate finance 90.7% Capital Market Total 73.9% 22.1% 88.7% 3.4% Stage 1 Stage 2 Stage 3 Provision % Provision 0 dpd 1-30 dpd 31-90 dpd 90+ dpd Total Stage 1 Stage 2 Stage 3 As per RBI As per ECL 90.1% 84.0% 77.0% 90.5% 87.7% 76.9% 92.8% 88.8% 3.4% 4.8% 6.8% 2.2% 9.7% 6.1% 1.5% 2.2% 4.5% 5.3% 7.2% 12.1% 3.0% 1.8% 6.9% 5.1% 4.0% 2.8% 4.0% 5.5% 1.3% 18,827 0.5% 11.8% 33.4% 4.0% 12,193 1.0% 14.5% 58.7% 4.0% 4.3% 0.8% 10.1% 0.7% 5.1% 2.0% 0.0% 5,704 5,788 702 332 9,897 6,979 883 591 0.4% 12.5% 30.3% 1.3% 18.8% 72.6% 0.5% 0.4% 76.6% 3.8% 33.2% 88.3% 0.6% 1.6% 27.9% 1.4% 28.1% 87.9% 0

Business

Home loans, Home Equity (Secured business loan), Affordable Housing Project Finance AUM: ₹ 38,387 Cr PAT: ₹ 754 Cr Customers: ~0.3 Mn Branches: 384 IIFL Finance (Listed) IIFL Finance Standalone

Business

Gold loans, Unsecured MSME loans, Home Equity, Construction & Real Estate Finance, Capital Market Finance AUM: ₹ 21,467 Cr PAT: ₹ (448Cr) Customers: ~1.2 Mn Branches: 2,803 99.6% IIFL Samasta Finance