Arman Financial Services Limited

INR 2,130 Crore

Management Disbursement H1FY26 Performance Highlights Assets Under Management Disbursement INR 2,130 Crore (-13.6% Y-o-Y) INR 865 Crore (3.9% Y-o-Y) Shareholder’s Equity INR 872 Crore CRAR: Arman (S

13.6%

sement H1FY26 Performance Highlights Assets Under Management Disbursement INR 2,130 Crore (-13.6% Y-o-Y) INR 865 Crore (3.9% Y-o-Y) Shareholder’s Equity INR 872 Crore CRAR: Arman (Standalone)

INR 865 Crore

Performance Highlights Assets Under Management Disbursement INR 2,130 Crore (-13.6% Y-o-Y) INR 865 Crore (3.9% Y-o-Y) Shareholder’s Equity INR 872 Crore CRAR: Arman (Standalone): 38.73%; CRAR: Namra

3.9%

lights Assets Under Management Disbursement INR 2,130 Crore (-13.6% Y-o-Y) INR 865 Crore (3.9% Y-o-Y) Shareholder’s Equity INR 872 Crore CRAR: Arman (Standalone): 38.73%; CRAR: Namra : 57.78%

INR 872 Crore

isbursement INR 2,130 Crore (-13.6% Y-o-Y) INR 865 Crore (3.9% Y-o-Y) Shareholder’s Equity INR 872 Crore CRAR: Arman (Standalone): 38.73%; CRAR: Namra : 57.78% Profit Before Tax Profit After Tax INR

38.73%

-o-Y) INR 865 Crore (3.9% Y-o-Y) Shareholder’s Equity INR 872 Crore CRAR: Arman (Standalone): 38.73%; CRAR: Namra : 57.78% Profit Before Tax Profit After Tax INR 7 Crore INR (11 Crore) in Q1FY26

57.78%

(3.9% Y-o-Y) Shareholder’s Equity INR 872 Crore CRAR: Arman (Standalone): 38.73%; CRAR: Namra : 57.78% Profit Before Tax Profit After Tax INR 7 Crore INR (11 Crore) in Q1FY26 INR 63 crore in H1FY2

INR 7 Crore

rore CRAR: Arman (Standalone): 38.73%; CRAR: Namra : 57.78% Profit Before Tax Profit After Tax INR 7 Crore INR (11 Crore) in Q1FY26 INR 63 crore in H1FY25 INR (7 Crore) INR (15 Crore) in Q1FY26 INR 47 cr

11 Crore

Standalone): 38.73%; CRAR: Namra : 57.78% Profit Before Tax Profit After Tax INR 7 Crore INR (11 Crore) in Q1FY26 INR 63 crore in H1FY25 INR (7 Crore) INR (15 Crore) in Q1FY26 INR 47 crore in H1FY25

INR 63 crore

CRAR: Namra : 57.78% Profit Before Tax Profit After Tax INR 7 Crore INR (11 Crore) in Q1FY26 INR 63 crore in H1FY25 INR (7 Crore) INR (15 Crore) in Q1FY26 INR 47 crore in H1FY25 Provisions and Write of

7 Crore

Before Tax Profit After Tax INR 7 Crore INR (11 Crore) in Q1FY26 INR 63 crore in H1FY25 INR (7 Crore) INR (15 Crore) in Q1FY26 INR 47 crore in H1FY25 Provisions and Write offs INR 105 Crore* Cumul

15 Crore

rofit After Tax INR 7 Crore INR (11 Crore) in Q1FY26 INR 63 crore in H1FY25 INR (7 Crore) INR (15 Crore) in Q1FY26 INR 47 crore in H1FY25 Provisions and Write offs INR 105 Crore* Cumulative Provisions

“Key Ratios (H1FY26) • Operating in Tier 3-4 & below locations; key growth driver going forward, with Maximum LTVs of 65% • Growth levers: • Increase in finance penetration • Geographical & new product expansion *Yield is excluding DA Income *Yield: 21.66% GNPA: 0.16% NNPA: 0.07% 19 2W and Rural 2W Loans (INR Crore) AUM 74 75 Disbursement 26 29 Total Income 10 10 Avg.”

“Average Ticket Size – 5-6 lakhs • Aim to deliver 4%-5% Post Tax ROA • • • • • Self-employed / cash cash-income informal segment customers Plans to expand SME Portfolio in way that share of SME book increases to 35% and share of MFI Book reduces to ~60% over time.”

Average Ticket Size

4

Average Ticket Size

1

Company

1

Investor Relations Advisors

1

Average Ticket Size

INR 77,000 Tenur e: 18 - 24 Months Tenure: 24 Months Tenure: 12 - 36 Months 3.5% Loan Against Property (LAP)

Average Ticket Size

INR 82,500 Tenure: 36 - 84 Months Tenure: 24 Months Company’s wholly owned subsidiary ‘Namra Finance Limited’ offers microfinance to women % of AUM as of June 2025 Average Ticket Size Based is for full year Q1FY26 Figures may not add up due to rounding off 16 Microfinance Loans (INR Crore) AUM* Disbursement Total Income Profit After Tax Avg. Ticket Size 1,981 1,507 625 605 281 25 209 ( I N R ) 51,000 46,000 H 1 F Y 2 5 H 1 F Y 2 6 H 1 F Y 2 5 H 1 F Y 2 6 H 1 F Y 2 5 H 1 F Y 2 6 *Includes Individual Business Loans • JLG model with small ticket loans (Avg. Ticket Size – INR 51,000) given to women borrowers for income generating activities such as Livestock, Dairy, Agri allied, Kirana Stores • Operations: Operations in 11 states; 396 MFI branches; 5.2+ lakh active customers • Operating Model: • High touch monthly collection model • Rural concentration: ~90.5% rural & semi-urban portfolio (vs 75% for MFI industry) • Conservative risk framework • • • 100% Cashless disbursement JLG groups fo

Company

Arman Financial Services Limited CIN: L55910GJ1992PLC018623 Mr. Vivek Modi Chief Financial Officer (CFO) Email : vivek@armanindia.com www.armanindia.com

Investor Relations Advisors

Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Mr. Abhishek Shah abhishek.shah@sgapl.net +91 9930651660 www.sgapl.net 41