Aavas Financiers Limited

rs,

a, C-1, Block G, Bandra Kurla Complex, Mumbai – 400051 To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Symbol: AAVAS Scrip Code: 541988 Dear Sir/Madam, Sub: I

₹ 207.4

ive Summary – Q1FY26 Assets Customers Financial Performance Distribution Capital Structure ₹ 207.4 bn AUM ₹ 11.5 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 250,694 Active Loan Counts

₹ 11.5

FY26 Assets Customers Financial Performance Distribution Capital Structure ₹ 207.4 bn AUM ₹ 11.5 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 250,694 Active Loan Counts 60% | 40% Self-

99.5%

Financial Performance Distribution Capital Structure ₹ 207.4 bn AUM ₹ 11.5 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 250,694 Active Loan Counts 60% | 40% Self-Employed | Salaried

67%

ance Distribution Capital Structure ₹ 207.4 bn AUM ₹ 11.5 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 250,694 Active Loan Counts 60% | 40% Self-Employed | Salaried ₹ 1,392 mn PAT 13

33%

Distribution Capital Structure ₹ 207.4 bn AUM ₹ 11.5 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 250,694 Active Loan Counts 60% | 40% Self-Employed | Salaried ₹ 1,392 mn PAT 13.13%|

60%

bn AUM ₹ 11.5 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 250,694 Active Loan Counts 60% | 40% Self-Employed | Salaried ₹ 1,392 mn PAT 13.13%| 8.02% Yields | CoB 5.11% | 7.48% Spread |

40%

₹ 11.5 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 250,694 Active Loan Counts 60% | 40% Self-Employed | Salaried ₹ 1,392 mn PAT 13.13%| 8.02% Yields | CoB 5.11% | 7.48% Spread | NIM

₹ 1,392

Retail Loans 67% | 33% HL | NHL 250,694 Active Loan Counts 60% | 40% Self-Employed | Salaried ₹ 1,392 mn PAT 13.13%| 8.02% Yields | CoB 5.11% | 7.48% Spread | NIM 397 Branches 14 States/UTs 7,208 E

13.13%

7% | 33% HL | NHL 250,694 Active Loan Counts 60% | 40% Self-Employed | Salaried ₹ 1,392 mn PAT 13.13%| 8.02% Yields | CoB 5.11% | 7.48% Spread | NIM 397 Branches 14 States/UTs 7,208 Employees ₹ 45

8.02%

HL | NHL 250,694 Active Loan Counts 60% | 40% Self-Employed | Salaried ₹ 1,392 mn PAT 13.13%| 8.02% Yields | CoB 5.11% | 7.48% Spread | NIM 397 Branches 14 States/UTs 7,208 Employees ₹ 45.10 bn

5.11%

ctive Loan Counts 60% | 40% Self-Employed | Salaried ₹ 1,392 mn PAT 13.13%| 8.02% Yields | CoB 5.11% | 7.48% Spread | NIM 397 Branches 14 States/UTs 7,208 Employees ₹ 45.10 bn Net Worth 43.20% CR

Mitra

1

Channel Partner

1

Direct

1

Ambassador

1

Connector

1

Digital

1

ATS

1

Income

1

LTV

1

Ambassador

Customer referral program Four-tiered collection architecture 4 Pillars – Credit, Legal, Technical & RCU Focused on In-house Sourcing Building Institutional Partnership for Lead generation Business Driven Technology Investment

Digital

Website, WhatsApp, Chatbot, etc. Direct Channel Digital Connector Channel Partners Mitra & CSC In-house & Mutually Exclusive Four Pillars Of Risk Institutional Underwriting Intelligence 1) Allied industries such as CA/CS/Tax Consultant, LIC Agent, Retired Banker, 2) Non-allied industries such as Lead Providers, Cement vendor, Notary, Lawyer, Stamp vendor Property Broker, Sanitary vendor, Paint shop, 9 Aavas | Investor Presentation Q1FY26 Building Contractor. Major Technology Transformation Completed Guiding Principles 1 Be like a Bank by Technology Capabilities 2 Enable Sustainable Growth with Significant Operating Leverage 3 Create a Superior Customer Experience Origination Loan Management System ERP / GL System CRM ✓Consolidation of processes into a single ✓Migrated to core banking based LMS ✓Adopted worldclass Enterprise GL ✓77% of Active Loans represented in platform platform Application Customer App Logins. ✓Multiple Fintech integrations for data ✓Connected multiple banks for smoo

ATS

₹0.97 mn Upto ₹ 1.5 Mn ₹ 1.5 to ₹ 2.5 Mn ₹ 2.5 to ₹ 5.0 Mn 84% Above ₹ 5.0 Mn AUM by Income Category AUM by LTV (at Origination) 12% Average

LTV

55% 23% 38% Upto 40% >40% to 60% >60% 18 Aavas | Investor Presentation Q1FY26 Spreads, Margins and Yields Yield and Cost of Borrowings (%) 13.63% 13.16% 12.66% 13.12% 13.13% 13.13% 8.44% 7.40% FY20 FY21 6.88% FY22 7.61% 8.07% 8.24% 14.5% 14.0% 13.5% 13.0% 12.5% 12.0% 11.5% 11.0% 10.5% 13.08% 13.04% 13.18% 13.13% 13.13% 8.08% 8.15% 8.24% 8.24% 8.02% FY23 FY24 FY25 Yield Q1FY25 Cost of Borrowing Q2FY25 Q3FY25 Q4FY25 Q1FY26 Spreads & Margins (%) 8.16% 5.19% 7.71% 5.76% 8.23% 8.28% 5.77% 5.51% 7.91% 7.64% 5.06% 4.89% 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 7.31% 5.00% 7.78% 7.75% 8.11% 4.89% 4.94% 4.89% 7.48% 5.11% FY20 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Spread Net Interest Margin (NIM) 19 Aavas | Investor Presentation Q1FY26 9.0% 8.8% 8.6% 8.4% 8.2% 8.0% 7.8% 7.6% 7.4% 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% Cost Efficiency & Return Ratio Opex to Asset and Cost to Income (%) 41.5% 39.1% 3.38% 3.01% 41.9% 3.45% 44.5% 45.2% 43.4% 3.69% 3.58%