Bajaj Finance Limited

rs 1.3

Executive summary – Q4 FY25 and FY25 1.1 Quarter and year gone by 1.2 Lead financial indicators 1.3 Consolidated financial performance – FY25 1.4 Management assessment for FY26 3 Q4 FY25 Executiv

18%

and credit cost. PBT excluding the additional ECL provision for annual model redevelopment was up 18%. ROA and ROE were steady. Delivered AUM growth of ₹ 18,618 crore to ₹416,661 crore, booked 10.70 M

₹ 18,618 crore

vision for annual model redevelopment was up 18%. ROA and ROE were steady. Delivered AUM growth of ₹ 18,618 crore to ₹416,661 crore, booked 10.70 MM new loans and added 4.70 MM new customers. Customer franchise

₹416,661 crore

odel redevelopment was up 18%. ROA and ROE were steady. Delivered AUM growth of ₹ 18,618 crore to ₹416,661 crore, booked 10.70 MM new loans and added 4.70 MM new customers. Customer franchise stood at 101.82 MM.

₹ 416,661

progressing well. AUM Opex to Net total income PBT* PAT Pre-minority interest ROE Net NPA ₹ 416,661 Cr Growth 26% 33.1% Q4 FY24 34.0% ₹ 5,647 Cr Growth 11% ₹ 4,546 Cr Growth 19% 19.1% Q4 FY24 2

26%

AUM Opex to Net total income PBT* PAT Pre-minority interest ROE Net NPA ₹ 416,661 Cr Growth 26% 33.1% Q4 FY24 34.0% ₹ 5,647 Cr Growth 11% ₹ 4,546 Cr Growth 19% 19.1% Q4 FY24 20.5% 0.44%

33.1%

Opex to Net total income PBT* PAT Pre-minority interest ROE Net NPA ₹ 416,661 Cr Growth 26% 33.1% Q4 FY24 34.0% ₹ 5,647 Cr Growth 11% ₹ 4,546 Cr Growth 19% 19.1% Q4 FY24 20.5% 0.44% Q4 FY24

34.0%

otal income PBT* PAT Pre-minority interest ROE Net NPA ₹ 416,661 Cr Growth 26% 33.1% Q4 FY24 34.0% ₹ 5,647 Cr Growth 11% ₹ 4,546 Cr Growth 19% 19.1% Q4 FY24 20.5% 0.44% Q4 FY24 0.37% *Exclud

₹ 5,647

come PBT* PAT Pre-minority interest ROE Net NPA ₹ 416,661 Cr Growth 26% 33.1% Q4 FY24 34.0% ₹ 5,647 Cr Growth 11% ₹ 4,546 Cr Growth 19% 19.1% Q4 FY24 20.5% 0.44% Q4 FY24 0.37% *Excluding the ad

11%

e-minority interest ROE Net NPA ₹ 416,661 Cr Growth 26% 33.1% Q4 FY24 34.0% ₹ 5,647 Cr Growth 11% ₹ 4,546 Cr Growth 19% 19.1% Q4 FY24 20.5% 0.44% Q4 FY24 0.37% *Excluding the additional ECL

₹ 4,546

ority interest ROE Net NPA ₹ 416,661 Cr Growth 26% 33.1% Q4 FY24 34.0% ₹ 5,647 Cr Growth 11% ₹ 4,546 Cr Growth 19% 19.1% Q4 FY24 20.5% 0.44% Q4 FY24 0.37% *Excluding the additional ECL provisionin

19%

Net NPA ₹ 416,661 Cr Growth 26% 33.1% Q4 FY24 34.0% ₹ 5,647 Cr Growth 11% ₹ 4,546 Cr Growth 19% 19.1% Q4 FY24 20.5% 0.44% Q4 FY24 0.37% *Excluding the additional ECL provisioning on model re

“The Board of Directors today, has recommended, subject to shareholders’ approval, a final dividend of ₹ 44 per equity share of the face value of ₹ 2 (2200%) for FY25.”

“This amounts to 18.88% of standalone profit (excluding exceptional gain) for FY25 and is in line with the Company’s dividend distribution policy.”

“6 Lead financial indicators - Q4 FY25 (1/4) Balance sheet and business metrics 1.”

“New loans booked were at 10.70 MM in Q4 FY25 as against 7.87 MM in Q4 FY24, recording a growth of 36%.”

“In FY25, the Company has added 18.18 MM customers.”

“In Q4, cost of funds was 7.99%, an increase of 3 bps over Q3 FY25.”

“The Company expects cost of funds to gradually go down to 7.75%-7.85% by end of FY26.”

“7 Lead financial indicators - Q4 FY25 (2/4) Operating efficiencies 10.”

“The Company added 1,916 employees in Q4 FY25.”

“The overall employee addition was 10,310 in FY25.”

The Company took following corporate actions

1

Bajaj Financial Securities Limited

1

The Company took following corporate actions

1. The Board of Directors today, has recommended, subject to shareholders’ approval, the following corporate actions: • • sub-division of face value of shares from ₹ 2 to ₹ 1 fully paid equity shares, and issue of 4 fully paid bonus equity shares for every 1 fully paid equity share. 2. The Board of Directors today, has recommended, subject to shareholders’ approval, a final dividend of ₹ 44 per equity share of the face value of ₹ 2 (2200%) for FY25. This amounts to 18.88% of standalone profit (excluding exceptional gain) for FY25 and is in line with the Company’s dividend distribution policy. 3. The Board of Directors today, has also approved distribution of a special interim dividend of ₹ 12 per equity share, from the exceptional gain resulting from the sale of investment in BHFL on account of IPO listing in September 2024. The bonus issue and special interim dividend reflects the Company’s strong financial position, robust reserves, and positive growth outlook. The Company wishes to

Bajaj Financial Securities Limited

28. Acquired 280K customers. The customer franchise stood at 979K as of 31 March 2025. 29. Margin Trading Finance AUM was up 18% at ₹ 4,505 crore as against ₹ 3,817 crore as of 31 March 2024. 30. Net total income grew by 58% to ₹ 441 crore in FY25 as against ₹ 280 crore in FY24. 31. Profit before tax grew by 158% to ₹ 183 crore in FY25 as against ₹ 71 crore in FY24. 32. Profit after tax grew by 148% to ₹ 139 crore in FY25 as against ₹ 56 crore in FY24. 20 Management assessment 21 Management assessment - FY25 update As management we, “Say what we do” and “Do what we say”. This is the report card of our FY25 management assessment. The Company delivered on its FY25 assessment on customer franchise, AUM growth, Opex to NTI, ROA, ROE, GNPA and NNPA. Credit cost was a miss. The Company took significant credit actions through FY25 and is optimistic about its impact on P&L in FY26. The Company also saw margin compression of 49 bps versus 30-40 bps due to delay in interest rate cut as compared