Au Small Finance Bank Limited · NSE:AUBANK

Au Small Finance Bank — Q1 FY26 Earnings Presentation

51 slides from Au Small Finance Bank's earnings presentation, Jul 19, 2025

  1. Slide 1: Exchange filing cover letter

    Ref. No.: AUSFB/SEC/2025-26/153 Date: July 19, 2025 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai 400051, Mumbai 400001, Maharashtra. Maharashtra. NSE Symbol: AUBANK Scrip Code:

  2. Slide 2: Q1'FY26 Earnings presentation

    Q1’FY26 Earnings presentation 19th July 2025

  3. Slide 3: Strong performance despite subdued macro

    Strong performance despite subdued macro  Strong performance against a backdrop of: – Seasonally muted quarter, subdued macro with weak demand and resultant ongoing slowdown in system credit growth – Easing policy environment – lower rates, surplus liquidity and upcoming CRR cuts - supported deposi

  4. Slide 4: Continue to scale with sustainability

    Continue to scale with sustainability FY18 Jun’25 Customer Base 7.5 lacs 15x 115.8 Lacs Employees 11,151 4.8x 53,235 Touchpoints 474 5.3x 2,505 Deposits ₹7,923 Cr 16.1x ₹1,27,696 Cr Gross Loan Portfolio ₹16,256 Cr 7.2x ₹1,17,624 Cr Total Assets ₹18,833 Cr 8.5x ₹1,60,813 Cr Shareholders Fund ₹2,281 C

  5. Slide 5: Agenda

    1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION

  6. Slide 6: Agenda

    1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION

  7. Slide 7: Performance summary (1/3)

    Performance summary (1/3) Deposit and Liquidity Deposits & Cost of Funds ₹1,27,696 Cr Total Deposits (₹97,290 Cr)  Total Deposits grew 31.3% YoY and 2.8% QoQ; CASA ratio remained stable at 29.2% as on Jun’25 vs Mar’25  Current deposits have grown by 34% YoY and Savings deposits have grown by 13% Y

  8. Slide 8: Performance summary (2/3)

    Performance summary (2/3) Advances and Asset Quality Loan Portfolio Gross Loan ₹1,17,624 Cr Portfolio (₹99,792 Cr)  Gross loan portfolio (GLP) stood at ₹117,624 Cr, registering a YoY growth of 17.9% and QoQ growth of 1.7% – Secured businesses (Retail + Commercial) grew by 21.9% YoY and 2.7% QoQ Gro

  9. Slide 9: Performance summary (3/3)

    Performance summary (3/3) Financial Performance Net Interest ₹2,045 Cr Earnings Income (₹1,921 Cr)  NII grew by 6% YoY to ₹2,045 Cr in Q1’FY26 from ₹1,921 Cr in Q1’FY25  NIM, calculated on daily avg. of interest earning assets incl off book, declined by ~38 bps to 5.4% (vs. 5.8% in Q4) ₹811 Cr – 2

  10. Slide 10: Q1'FY26 – Key financial numbers

    Q1’FY26 – Key financial numbers ₹ in Crores Net Interest Income Other Income Total Income PAT 811 21% 6% 59% 2,045 16% 581 4,278 5,189 1,921 509 503 Q1'FY25 Q1'FY26 Q1'FY25 Q1'FY26 Q1'FY25 Q1'FY26 Q1'FY25 Q1'FY26 Yield on Advance Cost of Fund Net Interest Margin Cost to Income GNPA Vs Vs Vs Vs Vs. 1

  11. Slide 11: Asset book snapshot

    Asset book snapshot ₹ in Crores Q1’FY26 Q4’FY25 Q1’FY25 YoY Segments Gross GA Gross Gross Gross Gross GA Gross Growth Gross Off Gross Off GA Yield Gross Off Loan Yield NPA Loan NPA Loan Yield NPA (GLP) Advance Book Advance Book (%) Advance Book Portfolio (%) (%) Portfolio (%) Portfolio (%) (%) Retai

  12. Slide 12: Credit cost summary - additional disclosure

    Credit cost summary - additional disclosure Avg GLP mix Credit Cost on GLP (Q1’FY26 Credit Cost on GLP Business segments Avg GLP mix FY25 Q1’FY26 non-annualised*) FY25 Retail Secured (Wheels, Mortgages, Gold) 67.0% 0.30% 65.9% 0.95% Commercial Banking 20.8% 0.13% 19.5% 0.46% Inclusive Banking 5.6% 2

  13. Slide 13: MFI – additional disclosure

    MFI – additional disclosure Gross loan portfolio Average outstanding exposure Non-OD collection efficiency ₹ in Crores Per borrower in ‘000 99.1% 98.7% 7,958 27 27 98.4% 98.5% 98.3% 7,644 7,171 6,670 26 26 6,232 25 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q1'FY

  14. Slide 14: MFI – additional disclosure (cont'd)

    MFI – additional disclosure (cont’d)  GNPA at 4.1% and SMA book at 4.3% as on Jun’25 against GNPA of 4.4% and SMA book of 3.7% as of Mar’25  Non-OD collection efficiency at 98.4% for the month of June’25 (98.5% ex Karnataka)  43.2% portfolio with customers having Sole Lender relationship  ~12.5%

  15. Slide 15: Agenda

    1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION

  16. Slide 16: Profit & Loss statement

    Profit & Loss statement (All Figures in ₹ Crore) Q1'FY26 Q1'FY25 YoY Q4'FY25 QoQ Income  * ~₹35 Crore earnings on mutual fund Interest Earned 4,378* 3,769 16% 4,271 3% investments (part of the excess liquidity) is Interest Expended 2,334 1,848 26% 2,177 7% classified under other income instead of I

  17. Slide 17: Other Income

    Other Income (All Figures in ₹ Crore) Q1'FY26 Q1'FY25 YoY Q4'FY25 QoQ Loan Assets Processing & Other Fees 262 230 14% 336 -22% General Banking, Cross Sell & Deposits related fees 157 142 11% 227 -31% PSLC Fees 0 0 N.A 2 N.A Credit Card 57 101 -44% 58 -2% Miscellaneous 35 18 98% 35 -1% Core Other Inc

  18. Slide 18: Profitability ratios

    Profitability ratios NII (%) Other Income (%) RoA Components 6.0% 5.6% 5.2% 2.0% 2.1% 1.6% Q1'FY25 Q4'FY25 Q1'FY26 Q1'FY25 Q4'FY25 Q1'FY26 Opex (%) PPoP (%) Provision & Contingencies (%) 3.5% 3.3% 1.7% 1.4% 4.6% 4.2% 3.9% 3.0% 0.9% Q1'FY25 Q4'FY25 Q1'FY26 Q1'FY25 Q4'FY25 Q1'FY26 Q1'FY25 Q4'FY25 Q1'F

  19. Slide 19: Loan spreads

    Loan spreads Gross Advance Spreads 14.4% 14.4% 14.4% 14.4% 14.1% 7.4% 7.4% 7.3% 7.2% 7.0% 7.0% 7.0% 7.1% 7.1% 7.1% Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Gross Advance Yield Average COF Spread  Disbursement yield for Q1’FY25 stands at 15.1% and whereas incremental cost of funds at 7.1% during the

  20. Slide 20: Quarterly trends of key parameters (1 of 2)

    Quarterly trends of key parameters (1 of 2) Net Interest Income Total Income PAT Gross Advance Yield ₹ in Crores 2,094 14.4% 14.4% 14.4% 14.4% 14.1% 1,921 1,974 2,023 2,045 4,732 5,031 5,189 4,278 4,549 571 581 503 528 504 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY

  21. Slide 21: Quarterly trends of key parameters (2 of 2)

    Quarterly trends of key parameters (2 of 2) ₹ in Crores Customers Employees Shareholders’ Funds Total B/S Assets (in Lacs) (in 000s) 115.8 46.6 48.0 49.1 50.9 53.2 1,57,846 1,60,813 108.5 109.2 111.7 113.4 17,166 17,800 15,516 16,041 16,602 1,38,829 1,43,044 1,25,942 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25

  22. Slide 22: Balance sheet

    Balance sheet (All Figures in ₹ Crore) 30th Jun'25 30th Jun'24 YoY 31st Mar'25 QoQ Liabilities Shareholders Fund 17,800 15,516 15% 17,166 4% Deposits 1,27,696 97,290 31% 1,24,269 3% Borrowings 10,649 8,931 19% 11,660 -9% Other Liabilities and Provisions 4,668 4,205 11% 4,751 -2% Total Liabilities 1,

  23. Slide 23: Diversified Advances & Deposits franchise

    Diversified Advances & Deposits franchise Gross Loans Portfolio (GLP) Deposits 1% 1% 1% Rajasthan Rajasthan 2% Maharashtra 3% 2% 2% 2% 3% Delhi Maharashtra 2% 2% Madhya Pradesh 3% Gujarat 3% 3% Gujarat 22% Punjab 3% 26% 3% Haryana Haryana Delhi Madhya Pradesh 5% 4% Punjab Karnataka Andhra Pradesh 5%

  24. Slide 24: Pan-India geographic presence

    Pan-India geographic presence 21 States and 4 UTs 2,505 Touchpoints 473 Districts 678 ATMs 03 16 57 Unbanked 02 AU Asset + MFI Center 03 2,505 42 58 101 Touchpoints Branches Asset Centres BO + BC + Unbanked 615 1,100 790 480 02 Region Touchpoints 181 274 South 724 38 10 States with more 239 North 65

  25. Slide 25: Growing distribution footprint

    Growing distribution footprint Total unique Deposits Retail Assets Inclusive Banking touchpoints Product penetration Commercial (excl. Urban Swadesh As on Wheels MBL HL Gold Banking Agri SMF MFI BO/BC/Unbanked Banking banking Branches ) Mar’24 (Pre-merger) 727 315 176 546 532 287 353 483 79 - Mar’25

  26. Slide 26: Agenda

    1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION

  27. Slide 27: Evolution of the Branch Banking charter

    Evolution of the Branch Banking charter Bank’s Deposit Journey Current proposition 27% 37% 33% 29% CASA % 14% Complete Channels Branch Banking Complete product suite 67% 64% 62% • Urban Branches • Segmented CA and SA CASA + 41% 44% products (Ivy, Eternity, Retail TD % • Swadesh Banking Royale, Plati

  28. Slide 28: Focus on granular deposits and retail customer profile

    Focus on granular deposits and retail customer profile Deposit Mix Deposit Customer Profile TASC Total Deposits 973 1,097 1,123 1,243 1,277 % Share 5% 4% 4% 4% 5% Certificate of 42 45 48 52 21 4% 7% 7% 6% 8% 7% Govt Deposits 10% 10% 11% 11% 12% ₹ in Billion 63 5% 19% 21% 23% 70 24% 22% Banks 60 56 4

  29. Slide 29: Deepening engagement digitally via AU0101

    Deepening engagement digitally via AU0101 7x growth on AU 0101 since launch Registered users 32 32.9 33.3 34.1 29.5 31.2 26.3 23.7 19.2 21.2 65% 34.1 Lacs 4.5 5.8 7.8 10.5 11.9 14.3 16.3 customers registered registered users on AU 0101 Jun'21 Sep'21 Dec'21 Mar'22 Jun'22 Sep'22 Dec'22 Mar'23 Jun'23 S

  30. Slide 30: Other cross sell products

    Other cross sell products Wealth  Dedicated Wealth Specialist for sophisticated 2.23 Lac+ ₹1,526 Cr  Wealth Solutions Mutual Fund & IPO ASBA on AU 0101 for all Customers Total AUM Segments: ivy, Eternity, Royale, Platinum & Others AD- I (Fx & Trade) Live Products Digital  Export/Import Payments (

  31. Slide 31: Agenda

    1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION

  32. Slide 32: Well diversified, predominantly retail asset book

    Well diversified, predominantly retail asset book Unsecured - 8.1% ₹ 1,17,624 Cr Total Loan Portfolio  Disbursement mix of High RoA assets in Q1’FY26 Commercial Banking - stands at 85% - High RoA assets are defined as 20.8% per internal classification  ~64% of the portfolio is Fixed rate; addition

  33. Slide 33: Retail secured assets – Vintage book with growth opportunity

    Retail secured assets – Vintage book with growth opportunity Performance Retail Secured Assets (₹ Bn)  Vintage Business with strong legacy, and best in class risk adjusted returns, through the cycles 787  ~25% CAGR growth over last 5 years with ~20% YoY growth as on Jun’25 25% CAGR 20% 766 growth

  34. Slide 34: Commercial Banking – loan book and growth opportunity

    Commercial Banking – loan book and growth opportunity Performance Commercial Banking (₹ Bn)  Strong growth of 37% in last 5 years, albeit from a low base  YoY growth of 30% as on June’25 with strong asset quality 245 Creating a well-crafted Right to Win 37% CAGR 240 30% growth 189  Complete produ

  35. Slide 35: Digital Unsecured Loans

    Digital Unsecured Loans Credit Cards Personal Loans Cards In Force Portfolio Size Engagement Portfolio Size 9.8 lacs+ ~₹2,327 Cr ~₹9,700 2,850 Cr+ ~725 Cr Credit Card Receivables Avg. Spend per Card Spends in Q1’FY26 Q1’FY26 Cards Live in Q1’FY26 Key initiatives Key initiatives Ending Net Receivable

  36. Slide 36: NPA movement

    NPA movement ₹ in Crores NPA Movement Q1’FY26 Q1’FY25 Q4’FY25 Opening GNPA 2,477 1,437 2,336 Additions during the period* 1,027 543 894 Less: Recoveries & Write Offs during the period (753) (367) (752) Closing GNPA 2,751 1,613 2,477 NPA Summary Q1’FY26 Q1’FY25 Q4’FY25 Gross NPA 2,751 1,613 2,477 Les

  37. Slide 37: Provisioning summary

    Provisioning summary ₹ in Crores Credit Cost Q1’FY26 Q1’FY25 Q4’FY25 Provision on NPA and Write off* 529 267 644 Repossession loss & POS loss 50 21 60 Standard & other provision 13 21 26 Covid restructuring provision (4) (6) (4) Contingency provision created / (Utilised) - 17 - Less : Bad Debt Recov

  38. Slide 38: Overview of total provisions

    Overview of total provisions ₹ in Crores Jun’25 Mar’25 Particulars Loan Loan Provisions Coverage Provisions Coverage Amount Amount GNPA 2,751 1,739 63% 2,477 1,645 66% Covid related restructuring (Standard) 281 47 17% 306 51 17% Contingency provisions 17 17 Floating provisions 41 41 Stressed and con

  39. Slide 39: Agenda

    1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION

  40. Slide 40: Full-suite of products with digital capabilities

    Full-suite of products with digital capabilities Deposit Franchise Diversified Asset Products Third Party Products COMMERCIAL DEPOSITS RETAIL ASSETS INSURANCE WEALTH ASSETS Current Account Wheels Working Cap. Loans Life Mutual Fund Savings Account Micro Business Loan Business Loans Health ASBA/IPO T

  41. Slide 41: Stable & scalable tech that creates trust in banking

    Stable & scalable tech that creates trust in banking AVAILABILITY SECURITY CUSTOMER OBSESSED Bank is available 24/7 Should be completely secure & Compliant Convenient, Simple and feature rich  AU 0101 & AU 0101 Business offers  Uptime of ~ 99.9% in Q1 FY26 across all critical  Deployed best in cl

  42. Slide 42: Board of Directors

    Board of Directors Mr. H R Khan Mr. Kamlesh Vikamsey Ms. Kavita Venugopal Ms. Malini Thadani Part time Chairman & Independent Independent Director Independent Director Director Independent Director 42+ years of experience, 45+ years of experience in 46+ years of experience Banking Industry 40+ years

  43. Slide 43: Sustainability Initiatives

    Sustainability Initiatives Sustainable Finance Sustainable Operations Opened 16,839 Green Fixed Partnered with IFC to conduct Deposits raising ~₹ 1,292 Crore Physical and Transition Risk 100% deployment in Green Assets Assessments, Financed Emissions primarily towards Renewable Calculation, and Capa

  44. Slide 44: CSR Initiatives

    CSR Initiatives AU Ignite AU Bano Champion Skills Development Sports Initiative Till Q1’FY26, 30,000+ youth Active at 50+ locations, 5,000 kids & youths were trained in 16 centers regularly trained across 7 sports. across 12 districts of Rajasthan. Organized Parents-Coaches Meeting & Of these, 22,40

  45. Slide 45: Financial & Digital Inclusion

    Financial & Digital Inclusion Universal Access to Financial Services  32% of our total touchpoints/branches – 812 are in unbanked rural centres  Present in 86 Special Focus Districts* with 342 touchpoints covering 66 Aspirational districts, 13 Hill States Districts, 6 Left Wing Extremist Affected

  46. Slide 46: Shareholding pattern

    Shareholding pattern KMP, Director & their relatives (Excluding Independent Director) 1.9% Others Individuals 2.0% Domestic 6.0% Promoter & Promoter Group 22.9% Foreign holding 38% Domestic holding 62% Domestic Institution (Mutual Funds, Insurance, AIF 28.9% and Others) Foreign Holding 38.3% Note: S

  47. Slide 47: Ratings

    Ratings Credit Ratings ESG Ratings Fixed AA+/Stable CRISIL 17.1 Deposits (Low Risk) Long Term/ 42 CRISIL/ CARE/ India subordinated Debt/ AA/Stable (High) Ratings / ICRA Tier II Bonds AA Short Term A1+ CRISIL/ CARE/ (Leader) India Ratings 76.09 (Excellent) 46

  48. Slide 48: Awards and recognition

    Awards and recognition “India’s Top 25 Best “Data Excellence – “Cyber Security Workplaces in BFSI 2025” Small Finance Bank’s” Incident Response Maturity“ & “India’s Top 50 Companies to Work for 2025” At 4th Indian Banks Association At CRIF Data Excellence (IBA) CISO Awards 2025 Great Place to Work A

  49. Slide 49: For further information about the bank - Scan to Download

    For further information about the bank - Scan to Download Analyst day Q4’FY25 Annual Report FY25 Investor presentation AU Insights presentation - Mar’24 48

  50. Slide 50: Disclaimer

    Disclaimer This presentation has been prepared by AU SMALL FINANCE BANK LIMITED (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by the Ban

  51. Slide 51: For Investor queries contact

    For Investor queries contact (details in QR Code): Prince Tiwari Email: investorrelations@aubank.in

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