IIFL Finance Limited

rs,

May 8, 2025 The Manager, Listing Department, BSE Limited (“BSE”), Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001. BSE Scrip Code: 532636 The Manager, Listing Department, The Nati

Rs. 251

umbai, India May 08, 2025 IIFL Finance Q4FY25 Results update Strong Recovery Momentum: PAT at Rs. 251Cr, up 208% q-o-q; Gold loans up 40% q-o-q For the quarter ended March 31, 2025, IIFL Finance rep

208%

May 08, 2025 IIFL Finance Q4FY25 Results update Strong Recovery Momentum: PAT at Rs. 251Cr, up 208% q-o-q; Gold loans up 40% q-o-q For the quarter ended March 31, 2025, IIFL Finance reported a con

40%

e Q4FY25 Results update Strong Recovery Momentum: PAT at Rs. 251Cr, up 208% q-o-q; Gold loans up 40% q-o-q For the quarter ended March 31, 2025, IIFL Finance reported a consolidated profit after tax

₹251

-q For the quarter ended March 31, 2025, IIFL Finance reported a consolidated profit after tax of ₹251 Cr (pre non-controlling interest) up 208% q-o-q, signaling a strong rebound after regulatory challe

10%

signaling a strong rebound after regulatory challenges earlier in the year. The company’s AUM rose 10% q-o-q to ₹78,341 Cr, reflecting steady growth across key segments despite a 1% y-o-y dip. Key Fi

₹78,341

trong rebound after regulatory challenges earlier in the year. The company’s AUM rose 10% q-o-q to ₹78,341 Cr, reflecting steady growth across key segments despite a 1% y-o-y dip. Key Financial Highlights

1%

company’s AUM rose 10% q-o-q to ₹78,341 Cr, reflecting steady growth across key segments despite a 1% y-o-y dip. Key Financial Highlights ₹ Cr Quarter ended Mar 31, 2025 Quarter ended Mar 31,

1.6%

er tax (pre-NCI2) Return on assets Return on equity GNPA NNPA 78,341 651.2 309.5 251.4 1.6% 7.0% 2.2% 1.0% 78,960 (1%) 1,001.3 (35%) 71,410 534.3 10% 22% 553.7 (44%)

7.0%

(pre-NCI2) Return on assets Return on equity GNPA NNPA 78,341 651.2 309.5 251.4 1.6% 7.0% 2.2% 1.0% 78,960 (1%) 1,001.3 (35%) 71,410 534.3 10% 22% 553.7 (44%) 101.0

2.2%

NCI2) Return on assets Return on equity GNPA NNPA 78,341 651.2 309.5 251.4 1.6% 7.0% 2.2% 1.0% 78,960 (1%) 1,001.3 (35%) 71,410 534.3 10% 22% 553.7 (44%) 101.0 206%

1.0%

Return on assets Return on equity GNPA NNPA 78,341 651.2 309.5 251.4 1.6% 7.0% 2.2% 1.0% 78,960 (1%) 1,001.3 (35%) 71,410 534.3 10% 22% 553.7 (44%) 101.0 206% 430

“Return on Equity is calculated on Profit after tax post Non-Controlling Interest for FY25 4.”

“PAT is Profit after tax before Non-Controlling Interest for FY25 2.”

“Total Investment Credit Risk Guarantee Fund (CRGF) - - Increased guarantee cover for affordable home loans up to ₹20 lakhs up from ₹5 lakhs earlier for construction / purchase of first home Corpus fund of CRGFT has been increased from ₹1,000 Cr to ₹3,000 Cr - Management of the fund will be transferred to National Credit Guarantee Company (NCGTC) from NHB.”

“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.”

“53 Reconciliation of reported consolidated results with group entities FY25 (₹ Cr) Interest income Interest expense Net interest income Non-fund based income Total income Operating expense Pre provision operating profit Loan losses & provision Core Profit before tax Net Gain/(Loss) on Fair Value Changes Profit before tax (before exceptional item) Exceptional items Profit before tax (after exceptional item) Profit after tax (pre NCI)”

Note

24

Note

CRAR for IIFL Finance (Standalone) is 18.5%, for IIFL Home Finance 47.2% and IIFL Samasta Finance 32.4%. CRAR for IIFL Finance (Consolidated) of 29.0% is a computed figure. 5 Strategy focused on collateral-backed, high-growth retail lending Uniquely Positioned for High-ROE, Scalable Growth in Retail Lending Business Model Focused on collateral-backed and cash flow-based retail loans across high-growth, resilient segments Phygital A robust network of ~4,900 branches powering origination, collection, and secure gold storage - integrated with advanced digital platforms that enhance cost efficiency, customer engagement, and credit underwriting. Two-pronged strategy Partnerships Strategic alliances with banks to source high-quality retail and PSL loans, complemented by fintech collaborations that accelerate customer acquisition and deliver superior user experiences. Our Competitive Moat Deep Management Expertise Strong Balance Sheet & Financials Rigorous Risk, Compliance & Control Trusted B

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 8% (22%) (10%) (1%) 2% 8% (4%) (48%) (21%) (26%) (33%) (15%) 12 Consolidated balance sheet as at March 31, 2025 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 4,192 108 55,364 4,438 1,193 Total Financial Assets (A) 65,295 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) 655 1,510 185 2,349 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 14 IIFL Finance (Consolidated): Funding mix Borrowing (₹ Cr) Borrowing mix Cost of borrowing 35,586 38,691 31,393 45,993 50,931 14% 10% 32% 9% 15% 27% 4% 15% 27% 9% 17% 23% 44% 48% 54% 52% 13% 13% 33% 41% 9.1% 8.7% 8.8% 9.1% 9.2% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Securitization & others Refinance Debentures Term Loan Off-book (₹ Cr, as % of AUM) Off-book mix Net gearing 33% 17,143 25% 11,076 38% 24,536 36% 28,126 30% 23,395 17% 83% 31% 69% 100% 41% 45% 4.8 4.2 3.5 3.7 3.4 59% 55% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25

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 15 Adequate liquidity, well covered to meet obligations and sustain growth (₹ Cr) Asset Liability Match (ALM) - Surplus across all buckets Well covered Debt Repayment Schedule 73,664 56,280 73,664 49,850 51,038 31,031 37,825 20,873 19,234 15,057 11,235 12,790 11,594 10,221 Free Cash + undrawn lines = ₹5,216Cr 7,629 9,283 3,883 1,960 19,846 17,092 16,421 Interest 15,030 13,661 Principal 4,391 7,347 2,506 4,361 7,537 11,096 1,029 14 days 1 month 2 months 3 months 6 months 1 year 3 years 5 years All 16 Over the last 5 years, we have made strategic shifts to focus on providing retail, secured credit to small businesses and homes Loan AUM (₹ Cr) FY21 FY22 FY23 FY24 FY25 Q4FY24 Q3FY25 Q4FY25 Q0Q % YoY % Home Loan Gold Loan

Note

1. Abbreviation: CRE - Construction & Real Estate Finance 2. Personal loan has been discontinued Mix% FY21 Mix% Q4FY25 32% 29% 16% 13% 3% 0% 11% 88% 10% 1% 1% 40% 27% 18% 11% 6% 1% 13% 98% 1% 1% 0% Yield 10.97% 17.83% 19.05% 18.52% 21.16% 13.17% 24.35% 16.07% 15.80% 11.94% 24.65% 16.06% 17 NPAs impacted by macro trends in microfinance, unsecured lending and small-ticket LAP (1/2) GNPA % Home Loan MSME Loan a) MSME Secured b) MSME Unsecured c) Supply Chain Finance Gold Loan Microfinance Core Business CRE Capital Market Personal Loan Total Q4FY25 Q3FY25 QoQ Q4FY24 YoY 1.41% 3.84% 3.45% 4.57% 1.69% 0.54% 4.81% 2.20% 3.09% 0.00% 1.29% 0.12% 3.99% (0.15%) 4.05% (0.60%) 4.32% 0.83% 0.25% 0.86% 1.19% 2.52% 2.96% 2.53% 0.08% 0.22% 1.32% 0.50% 2.04% 1.61% 0.66% (0.11%) 3.83% (3.28%) 5.07% (0.26%) 2.40% (0.20%) 2.04% 0.00% 1.05% 0.00% 0.98% 1.91% 2.17% 2.90% 0.03% 3.15% (0.06%) 0.00% 9.69% 0.00% 1.40% GNPA% NNPA% 3.15% 1.98% 0.89% 1.83% 1.84% 2.32% 2.23% 1.08% 1.20% 1.05% FY21 FY22 FY23 FY24 FY2

Note

1. ₹941 Cr of MSME Secured sourced by IIFL Samasta and ₹1,350Cr of Unsecured MSME sourced by IIFL Samasta is booked under sourcing arrangement in IIFL Finance 18 NPAs impacted by macro trends in microfinance, unsecured lending and small-ticket LAP (2/2) Stage 1 Stage 2 Stage 3 Provision % Provision 0 dpd 1-30 dpd 31-90 dpd 90+ dpd Stage 1 Stage 2 Stage 3 As per RBI As per ECL Loan book (₹ Cr) Home Loan Gold Loan MSME Loan a) MSME Secured b) MSME Unsecured c) Supply chain finance Microfinance Core business CRE Capital Market Personal Loan Total