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

₹ 213.6

ive Summary – H1FY26 Assets Customers Financial Performance Distribution Capital Structure ₹ 213.6 bn AUM ₹ 27.1 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 2,55,696 Active Loan Counts

₹ 27.1

FY26 Assets Customers Financial Performance Distribution Capital Structure ₹ 213.6 bn AUM ₹ 27.1 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 2,55,696 Active Loan Counts 61% | 39% Self

99.5%

Financial Performance Distribution Capital Structure ₹ 213.6 bn AUM ₹ 27.1 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 2,55,696 Active Loan Counts 61% | 39% Self-Employed | Salaried

67%

ance Distribution Capital Structure ₹ 213.6 bn AUM ₹ 27.1 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 2,55,696 Active Loan Counts 61% | 39% Self-Employed | Salaried ₹ 3,036 mn PAT*

33%

Distribution Capital Structure ₹ 213.6 bn AUM ₹ 27.1 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 2,55,696 Active Loan Counts 61% | 39% Self-Employed | Salaried ₹ 3,036 mn PAT* 13.08%

61%

n AUM ₹ 27.1 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 2,55,696 Active Loan Counts 61% | 39% Self-Employed | Salaried ₹ 3,036 mn PAT* 13.08% | 7.85% Yields | CoB 5.23% | 7.81% Spread

39%

₹ 27.1 bn Disbursement 99.5% Retail Loans 67% | 33% HL | NHL 2,55,696 Active Loan Counts 61% | 39% Self-Employed | Salaried ₹ 3,036 mn PAT* 13.08% | 7.85% Yields | CoB 5.23% | 7.81% Spread | NIM

₹ 3,036

Retail Loans 67% | 33% HL | NHL 2,55,696 Active Loan Counts 61% | 39% Self-Employed | Salaried ₹ 3,036 mn PAT* 13.08% | 7.85% Yields | CoB 5.23% | 7.81% Spread | NIM 405 Branches 14 States/UTs 7,294

13.08%

| 33% HL | NHL 2,55,696 Active Loan Counts 61% | 39% Self-Employed | Salaried ₹ 3,036 mn PAT* 13.08% | 7.85% Yields | CoB 5.23% | 7.81% Spread | NIM 405 Branches 14 States/UTs 7,294 Employees ₹ 4

7.85%

| NHL 2,55,696 Active Loan Counts 61% | 39% Self-Employed | Salaried ₹ 3,036 mn PAT* 13.08% | 7.85% Yields | CoB 5.23% | 7.81% Spread | NIM 405 Branches 14 States/UTs 7,294 Employees ₹ 46.8bn Ne

5.23%

ive Loan Counts 61% | 39% Self-Employed | Salaried ₹ 3,036 mn PAT* 13.08% | 7.85% Yields | CoB 5.23% | 7.81% Spread | NIM 405 Branches 14 States/UTs 7,294 Employees ₹ 46.8bn Net Worth 46.42% CRAR

Mitra

1

Channel Partner

1

Direct

1

Ambassador

1

Connector

1

Digital

1

ATS

1

Income

1

LTV

1

Surplus

1

Digital

Website, WhatsApp, Chatbot, etc. Direct Channel Digital Connector Channel Partners Mitra & CSC 35 65 143 236 38 51 Focused on In-house Sourcing Four-tiered collection architecture Building Institutional Partnership for Lead generation 4 Pillars – Credit, Legal, Technical & RCU Right to Win Business Driven Technology Investment 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 H1FY26 Building Contractor. 192 0 0 251 211 214 41 56 149 205 210 241 219 238 244 210 223 240 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 35 65 143 236 38 51 Originat

ATS

₹0.98 mn Upto ₹ 1.5 Mn ₹ 1.5 to ₹ 2.5 Mn ₹ 2.5 to ₹ 5.0 Mn Madhya Pradesh, 12% Maharashtra, 20% 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 H1FY26 192 0 0 251 211 214 41 56 149 205 210 241 219 238 244 210 223 240 35 65 143 236 38 51 9.3% 9.1% 8.9% 8.7% 8.5% 8.3% 8.1% 7.9% 7.7% 7.5% Spreads, Margins and Yields Yield and Cost of Borrowings (%) 14.5% 14.0% 13.5% 13.0% 12.5% 12.0% 11.5% 11.0% 10.5% 13.63% 13.16% 12.66% 13.12% 13.13% 13.13% 13.04% 13.18% 13.13% 13.13% 13.08% 8.44% 7.40% FY20 FY21 6.88% FY22 7.61% 8.07% 8.24% 8.15% 8.24% 8.24% 8.02% FY23 FY24 FY25 Yield Q2FY25 Cost of Borrowing Q3FY25 Q4FY25 Q1FY26 Spreads & Margins (%) 7.85% Q2FY26 8.16% 5.19% 7.71% 5.76% 8.23% 8.28% 5.77% 5.51% 7.91% 7.64% 5.06% 4.89% 7.78% 7.75% 8.11% 4.89% 4.94% 4.89% 8.04% 5.23% 7.48% 5.11% 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% FY20 FY21 FY22 FY23 FY24 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Spread Net Interest Margin (NIM) 19 Aavas | Investor Presentation H1FY26 192 0 0 251 211 214 41 56 149 205 210 241 219 238 244 210 223 240 Cost Efficiency & Return R

Surplus

13,642 20,277 19,713 22,457 21,615 34,386 48,019 Assets Liabilities 20,891 7,250 34,508 14,231 48,908 29,195 1,42,335 1,20,719 1,00,163 77,706 1,74,097 1,94,439 1,39,712 1,46,420 <3 months <6 months <1 year <3 years <5 years <7 years <10 years 35 65 143 236 38 51 Liquidity Position Particulars (₹ mn) As on Sep-25 Particulars (₹ mn ) Cash & Cash Equivalents Un-availed CC Limits Documented & Un-availed Sanctions from NHB Documented & Un-availed Sanctions from other Banks Total Liquidity Position 18,940 1,100 1,000 21,510 42,550 Opening Liquidity Add: Principal Collections & Surplus from Operations Less: Debt Repayments Closing Liquidity Q3FY26 Q4FY26 Q1FY27 Q2FY27 42,550 46,206 47,733 47,762 8,216 8,311 7,994 8,319 4,560 46,206 6,785 47,733 7,964 47,762 6,856 49,225 High-Quality Liquidity of ₹ 21,040 Mn ₹ 49,225 Mn of Surplus Funds* available for business 25 * without including any incremental sanctions Aavas | Investor Presentation H1FY26 192 0 0 251 211 214 41 56 149 205 210 241 219 23