IndoStar Capital Finance Limited

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ICFL/LS/00174/2021-22 10 November 2021 BSE Limited Listing Department, 1st Floor, P J Towers, Dalal Street, Fort, Mumbai - 400 001 INDOSTAR National Stock Exchange of India Limited Exchang

INR 2035.9 crore

to inform that as on 30 September 2021, the Company had outstanding non-convertible debentures of INR 2035.9 crore for which required asset cover under respective offer document(s) has been maintained. Please no

Rs. 10

ayment o f divictend due o n 1,20,68,966 :::Ompukori ly ConverUbtt Prefe,ence Shares off ace v alue Rs. 10 each 1llotled on 27 Miy 2020 (CCPS), at rate of 10% p.a. calcvla1ed o n the iHue pnce (R,. 2'30 per

10%

ConverUbtt Prefe,ence Shares off ace v alue Rs. 10 each 1llotled on 27 Miy 2020 (CCPS), at rate of 10% p.a. calcvla1ed o n the iHue pnce (R,. 2'30 per CCPSJ ,ilmountmg 10 Rs. 3,889 lakhs jdiV1dend ... R

Rs. 3,889 lakh

Miy 2020 (CCPS), at rate of 10% p.a. calcvla1ed o n the iHue pnce (R,. 2'30 per CCPSJ ,ilmountmg 10 Rs. 3,889 lakhs jdiV1dend ... R.s 3,SOO lakhs and withhold Ing tax· Rs. 389 lakhs) for the period from 27 May 202

Rs. 389 lakh

,. 2'30 per CCPSJ ,ilmountmg 10 Rs. 3,889 lakhs jdiV1dend ... R.s 3,SOO lakhs and withhold Ing tax· Rs. 389 lakhs) for the period from 27 May 2020 lo 26 May 2021, pu,su,;int to lerm1o approved by the Slure-hok:l

Rs. 1

Ptiid up cquhy share tapltal {face value of Rs. 10} Pr,l!:fere nce share capital (Fa~ v,lue of Rs. 1 0) 2 3 • ' ' 7 8 9 10 Othl?r equity 1l Eamlnis ~ r s ha,e I" not annwiUscrd)

Rs. 3,500 lakh

p.a . calcula ted on ttle 1tsut pr1c~ (R$. 290 pe r CCPS) amoun hng to lo. 3,889 takta !divid end - Rs. 3,500 lakhs and withholdm8 t,tx - R1,, 339 fa,kh,s) for the period from 27 fl'\av 20 20 10 26 May :?021. pu1~

Rs. 103,041 lakh

solidated unaudited financial results, whose interim financial information reflect total assets of Rs. 103,041 lakhs as at September 30, 2021, total revenues of Rs. 3,371 lakhs and Rs. 6,363 lakhs for the quarter a

Rs. 3,371 lakh

information reflect total assets of Rs. 103,041 lakhs as at September 30, 2021, total revenues of Rs. 3,371 lakhs and Rs. 6,363 lakhs for the quarter and half year ended September 30, 2021 respectively, total n

Rs. 6,363 lakh

total assets of Rs. 103,041 lakhs as at September 30, 2021, total revenues of Rs. 3,371 lakhs and Rs. 6,363 lakhs for the quarter and half year ended September 30, 2021 respectively, total net profit after tax o

Rs. 801 lakh

for the quarter and half year ended September 30, 2021 respectively, total net profit after tax of Rs. 801 lakhs and Rs. 1,255 lakhs for the quarter and half year ended September 30, 2021 respectively and total

“Reduced Corporate Lending Exposure • On track to become 100% retail company in the next 4-6 Quarters 3.”

Adjust m ents for

1

Adjumnenu for

1

Sector specific equivalent ratios

1

Note

1

Stable credit rating and robust liquidity pipeline

1

Key Financials

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Media Contact

1

Adjust m ents for

tnteres1 Income on fina ncial a sstts Finance costs Deprecia tion and a mortlutlon e111pense lmpalnnt-nt on flnancla l Instruments Provision tor gratuity and compensate d absen~e$ Loss o n sale of p,operty plant and t-quipment Employee s hare b.astd p3,yment expense G1ln on u le/1evaluation of inYestme nt.s Gain o n detecognition of financial rn~1rumenu meas u,ed at amorllsed w~I utceory Interest ln<:ome t eiilised on financial as sets Finance costs paid Opeliltina: prollt before w o rkln1 eapUal , he:n:c u Adju1tmen11: (1ncreau)/C>t<rcue in loans and advances (lncrei$C)/Decrease in other f5nandal autts (lncrea se)/Decrease in othe r non•fin anc.al aueu lncrea$e/(Decrease} in trade payablt lncrease/jDecreas e) in other fina.neh1I lia bilities lncreue/!De<:rUH} 11(1 provisions lnerease/jOe<:rease} in other non-financial liab1ht1es Taxes {paid)/ refund Ne t cash luscd in)/gencl'1t ed (lpen1Un1 act ivitie s (A) Cash flows from investing a ctiYhiu Purcha,se of property, plant a nd ecaulpmt

Adjumnenu for

lnter~l-1 lnco,nt on financial au~ls f'1nanu co1ts DeprKU11ioft •nd amortiHlion e.:icpmu Pro·.isions fo, t:iit)•cted crtdll Ion Pro'lision fot 1,11vitv. comptnHted .1b1enc,u and emplovu 1dvanuas loss o n sale of fbie d ,UHIS Empl oyee sh11t ba,t>d pavrnen1 flllPtMt Nft sain on f1lr v•lu._. ch,11nats. GHI OJI derecoput10n of financial Instruments me.Mur•d It 1mo.t.ised cosl u t~Cot'V kltctest ~com.t ,utised on finano1! HS.CJ Financt' COUJ P•ld Operatin,a prom befor• w o rking c11)4tal chana~ Adjus"lments: (1:nut•seJ/OKtHs• in Jo.1ns •nd advutcts (lnaease)/Ot<tUH .. other t.nand1I •n~t.1, (lncrHse)/Oecrnn "' Olh♦r non•f1nlAoal n.seu lnatast/(Dec:ruH) in trade pay.1bJt fnaease/(DecrtHt} ln other financial habil1ties lnc,e•~e/(Oecrt1StJ in provlsion$ lna eas.e/(0.-CttlJtt in o iht.f non,fir'IIU\dllll ti abilit ies Cuh (und lnl/1'ncra1ed f,o;n op,e,11!n1 activitiu la.et (pa.d) / rtfiund Net cash (IM:d tnl/aencrate-d from opt,ratinc actMties (A) cash flow1 from hwcnlnc actlvitlt1 Purchase of

Sector specific equivalent ratios

(a) Gross NPA (b) Net NPA (c) Capital to risk-weighted assets ratio7 Quarter ended Half Year ended 30 September 2021 30 September 2021 1.50 Not Applicable Not Applicable Nil Not Applicable Not Applicable 363,618 3,237 1.50 Not Applicable Not Applicable Nil Not Applicable Not Applicable 363,618 (912) *1.82 *(2.31) *l.82 Not Applicable Not Applicable Not Applicable Not Applicable 0.58 Not Applicable Not Applicable Not Applicable 12.68% 4.7% 2.2% 34.8% *(2.31) Not Applicable Not Applicable Not Applicable Not Applicable 0.58 Not Applicable Not Applicable Not Applicable (l.82) % 4.7% 2.2% 34.8%

Note

1. Debt-equity ratio = (Debt securities + Borrowings (other than debt securities)) / Networth. 2. The Company is a Non-Banking Financial Company registered under the Reserve Bank of India Act, 1934 hence these ratios are generally not applicable. 3. As per Rule 18(7)(b)(iii) of Companies (Share Capital and Debenture) Rules, 2014 of the Companies Act, 2013, the requirement for creating Debenture Redemption Reserve is not applicable to the Company being a listed Non-Banking Financial Company registered with the Reserve Bank of India and issuing Debentures on Private Placement basis. 4. Networth is calculated as defined in section 2(57) of Companies Act, 2013. 5. Total debt s to total assets= (Debt securities+ Borrowings (other than debt securities))/ total assets. 6. Net profit margin= Net profit after tax/ total income. 7. Capital to risk-weighted assets ratio is calculated as per the RBI guidelines. Yours faithfully, pliance & Secretarial (Membership No. F8937) Date: 10 November 2021 I

Stable credit rating and robust liquidity pipeline

The company currently has liquid assets of around 26% of its borrowings, sufficient to cover all its repayment obligations for this financial year without any incremental borrowings. With a credit rating of AA- with stable outlook, even in the current challenging times, the company has a strong pipeline and multiple avenues to raise further liabilities to finance additional growth. Retail AUM increases to 80%; focus on Used CV and affordable Home finance In line with its retailisation strategy, the share of retail is now 80% up from 73% last year. The company is at an inflection point and has strengthened its senior leadership in key positions with an eye on the tremendous post pandemic opportunity available in the asset financing segment. Speaking on the results, R Sridhar, Executive Vice-Chairman & CEO, IndoStar, “The pandemic is slowly but surely retreating, and the worst is certainly behind us, in the lending space. We have utilized the last 18 months to build capacities that will

Key Financials

Particulars (₹ Crores) Net Revenue from operations Pre-Provision Operating Profit Q2FY22 Q1FY22 I I QoQ I Q2FY21 YoY I I 144.8 126.6 14% 153.8 (6%) 50.2 33.1 52% 78.2 (36%) Provisions and accelerated write- offs (2.8) 82.3 n.a. 32.8 n.a Profit After Tax 39.4 (36.8) n.a. 31.6 25% Consolidated financial update for the quarter ended September 2021 ● Net Revenue from Operations at ₹ 144.8 Crs ● Gross and Net NPAs at 4.7% and 2.3% respectively About IndoStar Capital Finance Limited IndoStar is a non-banking finance company (NBFC) registered with the Reserve Bank of India as a systemically important non-deposit taking company. With Brookfield & Everstone as co-promoters, IndoStar is a professionally managed and institutionally owned organization which is engaged in providing used and new commercial vehicle financing, loans to SME borrowers and affordable Home Finance through its wholly owned subsidiary, visit IndoStar Home www.indostarcapital.com. information, For more Limited. Finance Priva