Au Small Finance Bank Limited · NSE:AUBANK
Au Small Finance Bank — Q2 FY26 Earnings Presentation
53 slides from Au Small Finance Bank's earnings presentation, Oct 17, 2025
Slide 1: Exchange cover letter for investor presentation
Ref. No.: AUSFB/SEC/2025-26/265 Date: October 17, 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 Co
Slide 2: Q2'FY26 Earnings presentation
Q2’FY26 Earnings presentation 17th October 2025
Slide 3: Poised for Next Phase of Our Journey – All Dominos Are Aligning
Poised for Next Phase of Our Journey – All Dominos Are Aligning ❑ Supportive Regulatory policies & Improving Macro to support growth ▪ Accommodative monetary policy : Easing interest rate cycle on the back of lower inflation, optimal liquidity, CRR cuts ▪ Supportive regulatory changes : Positives -
Slide 4: Q2'FY26 - Resilient performance amidst mixed economic sentiment
Q2’FY26 - Resilient performance amidst mixed economic sentiment ❑ Delivered resilient performance despite a challenging backdrop of: Operating ▪ Global volatility, uncertain domestic demand, seasonal rains and floods, and spending deferrals due to early GST announcements Environment ▪ Favorable poli
Slide 5: Continue to scale with sustainability
Continue to scale with sustainability FY18 Sep’25 Customer Base 7.5 lacs 16.1x 120.6 Lacs Employees 11,151 5.2x 57,786 Touchpoints 474 5.5x 2,626 Deposits ₹7,923 Cr 16.7x ₹1,32,509 Cr Gross Loan Portfolio ₹16,256 Cr 7.6x ₹1,22,877 Cr Total Assets ₹18,833 Cr 8.8x ₹1,65,542 Cr Shareholders Fund ₹2,281
Slide 6: Management Update
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 7: Operating & Financial Highlights
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 8: Performance summary (1/3)
Performance summary (1/3) Deposit and Liquidity - Q2’FY26 Deposits & Cost of Funds ₹1,32,509 Cr ❑ Total Deposits grew 20.8% YoY and 3.8% QoQ; CASA remained stable at ~29.4% as of Sep’25 vs 29.2% in Jun’25 Total Deposits (₹1,09,693 Cr) ❑ Current deposits have grown by 26.4% YoY and Savings deposits h
Slide 9: Performance summary (2/3)
Performance summary (2/3) Advances and Asset Quality - Q2’FY26 ₹1,22,877 Cr Loan Portfolio Gross Loan Portfolio (₹1,05,031 Cr) ❑ Gross loan portfolio (GLP) excl unsecured businesses registered a 22% YoY and 5% QoQ growth ▪ Unsecured businesses (MFI, Credit Card, PL) de-grew by 23.3% YoY and 2.0% QoQ
Slide 10: Performance summary (3/3)
Performance summary (3/3) Financial Performance - Q2’FY26 Earnings Net Interest ₹2,144 Cr ❑ NII grew by 9% YoY to ₹2,144 Cr from ₹1,974 Cr in Q2’FY25 and 5% QoQ growth from ₹2,045 Cr in Q1’FY26 Income (₹1,974 Cr) ❑ NIM, calculated on daily avg. of interest earning assets incl off book, improved by ~
Slide 11: H1'FY26 – Key financial numbers
H1’FY26 – Key financial numbers ₹ in Crores Net Interest Income Other Income Total Income PAT 8% 33% 18% 6% 4,189 1,523 10,413 1,074 1,142 3,895 1,147 8,827 H1'FY25 H1'FY26 H1'FY25 H1'FY26 H1'FY25 H1'FY26 H1'FY25 H1'FY26 Yield on Advance Cost of Fund Net Interest Margin Cost to Income GNPA Vs Vs Vs
Slide 12: Asset book snapshot
Asset book snapshot ₹ in Crores Q2’FY26 Q1’FY26 Q2’FY25 YoY Segments Gross GA Gross Gross Gross GA Gross Growth Gross Off Gross Off GA Yield Gross Gross Off Loan Yield NPA Loan Loan Yield NPA (GLP) Advance Book Advance Book (%) NPA (%) Advance Book Portfolio (%) (%) Portfolio Portfolio (%) (%) Retai
Slide 13: Credit cost summary - additional disclosure
Credit cost summary - additional disclosure Avg GLP mix Credit Cost Credit Cost Credit Cost Avg GLP mix Credit Cost Business segments H1’FY26 H1’FY26 Q2’FY26 Q1’FY26 FY25 FY25 Retail Secured (Wheels, Mortgages, Gold) 67.3% 0.60% 0.30% 0.30% 65.9% 0.95% Commercial Banking 20.8% 0.32% 0.19% 0.13% 19.5
Slide 14: MFI – additional disclosure
MFI – additional disclosure Gross loan portfolio Average outstanding exposure Non-OD collection efficiency ₹ in Crores Per borrower in ‘000 7,644 28 98.9% 7,171 27 98.4% 98.5% 98.7% 98.3% 6,670 6,232 6,174 26 26 25 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q2'FY
Slide 15: MFI – additional disclosure (cont'd)
MFI – additional disclosure (cont’d) ❑ GNPA at 4.3% and SMA book at 2.9% as on Sep’25 against GNPA of 4.1% and SMA book of 4.3% as of Jun’25. ❑ Non-OD collection efficiency grown to ~98.95% for Q2 and ~99.05% for the month of Sep’25 ❑ 46.4% portfolio with customers having sole lender relationship ❑
Slide 16: Universal Bank conversion – key benefits
Universal Bank conversion – key benefits First “in-principle” Universal Banking license since 2014 • No additional Opex to be incurred on Tech/People/Compliance • No conditions attached other than transfer of Promoter shares to an NOFHC (18 months time-period provided) Enhanced Brand & level playing
Slide 17: Liabilities Update
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 18: Profit & Loss statement
Profit & Loss statement (All Figures in ₹ Crores) H1'FY26 H1'FY25 YoY Q2'FY26 Q2'FY25 YoY Q1'FY26 QoQ ❑ PPoP growth for H1’FY26 stands at 21% Income YoY led by - Interest Earned 8,890 7,680 16% 4,511 3,911 15% 4,378 3% ▪ Higher treasury gains in Q1’FY26 Interest Expended 4,701 3,785 24% 2,367 1,936
Slide 19: Other Income
Other Income (All Figures in ₹ Crores) H1'FY26 H1'FY25 YoY Q2'FY26 Q2'FY25 YoY Q1'FY26 QoQ Loan Assets Processing & Other Fees 581 502 16% 319 272 17% 262 22% General Banking, Cross Sell & Deposits related fees 380 314 21% 223 172 29% 157 42% PSLC Fees 0 2 N.A 0 2 N.A 0 N.A Credit Card 113 199 -43%
Slide 20: Profitability ratios (H1'FY26 and Q2'FY26)
Profitability ratios (H1’FY26 and Q2’FY26) NII (%) Other Income (%) RoA Components 6.0% 6.0% 1.9% 1.8% 1.8% 1.9% 5.3% 5.3% Q2'FY25 Q2'FY26 H1'FY25 H1'FY26 Q2'FY25 Q2'FY26 H1'FY25 H1'FY26 Opex (%) PPoP (%) Provision & Contingencies (%) 4.5% 4.1% 4.6% 3.4% 3.0% 3.2% 3.2% 1.1% 1.2% 1.0% 1.3% 4.0% Q2'FY
Slide 21: 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 14.4% 14.4% 14.4% 14.1% 1,974 2,023 2,094 2,045 2,144 5,189 5,224 13.9% 4,549 4,732 5,031 571 528 581 561 504 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY
Slide 22: 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) 111.7 113.4 115.8 120.6 50.9 53.2 57.8 17,800 18,316 1,65,542 109.2 48.0 49.1 16,041 16,602 17,166 1,57,846 1,60,813 1,43,044 1,38,829 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26
Slide 23: Balance sheet
Balance sheet (All Figures in ₹ Crores) 30th Sep'25 30th Sep'24 YoY 30th Jun'25 QoQ Liabilities Shareholders Fund 18,316 16,041 14% 17,800 3% Deposits 1,32,509 1,09,693 21% 1,27,696 4% Borrowings 10,319 8,777 18% 10,649 -3% Other Liabilities and Provisions 4,397 4,318 2% 4,668 -6% Total Liabilities
Slide 24: Diversified Advances & Deposits franchise
Diversified Advances & Deposits franchise Gross Loans Portfolio (GLP) Deposits 1% 1% 1% 3% 2% 2% 2% 2% 2% 3% Rajasthan Rajasthan Maharashtra 3% 2% Maharashtra Delhi 3% 3% Madhya Pradesh 22% Gujarat Gujarat 3% 26% Haryana 4% Delhi Punjab Haryana 5% 4% Madhya Pradesh Punjab Karnataka Telangana 5% 7% U
Slide 25: Pan-India geographic presence
Pan-India geographic presence 21 States and 4 UTs 2,626 Touchpoints 485 Districts 707 ATMs 05 16 Unbanked 61 AU Asset + MFI Center 02 2,626 04 Touchpoints 44 661 1,144 821 63 108 Branches Asset Centres BO + BC + Unbanked Net 121 touchpoints 46 44 31 added in Q2’FY26 489 02 181 Region Touchpoints 285
Slide 26: Loan spreads
Loan spreads Gross Advance Spreads 14.4% 14.4% 14.4% 14.1% 13.9% 7.4% 7.3% 7.2% 7.0% 7.1% 7.0% 7.1% 7.1% 7.1% 6.8% Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Gross Advance Yield Average COF Spread ❑ NIM, calculated on daily avg. of interest earning assets incl off book, improved by ~5 bps to 5.5% (vs 5
Slide 27: 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
Slide 28: Assets Performance
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 29: 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% 61% • Urban Branches • Segmented CA and SA CASA + 41% 44% products (Ivy, Eternity, Retail TD % • Swadesh Banking Royale, Plati
Slide 30: Focus on granular deposits and retail customer profile
Focus on granular deposits and retail customer profile Deposit Mix Deposit Customer Profile Total Deposits 1,097 1,123 1,243 1,277 1,325 % Share TASC Certificate of 45 48 52 53 4.0% 42 Deposits 4% 4% 4% 5% 5% 7% 6% 8% 7% 7% Govt ₹ in Billion 76 5.7% 11% 10% 70 63 11% 12% 11% 60 56 309 314 23.7% 21%
Slide 31: Deepening engagement digitally via AU 0101
Deepening engagement digitally via AU0101 7x growth on AU 0101 since launch Registered users (in Lacs) 31.2 32 32.9 33.3 34.1 35.4 26.3 29.5 23.7 65% 35.4 Lacs 14.3 16.3 19.2 21.2 10.5 11.9 customers registered on AU registered users 5.8 7.8 4.5 0101 Jun'21 Sep'21 Dec'21 Mar'22 Jun'22 Sep'22 Dec'22
Slide 32: Other cross sell products
Other cross sell products Wealth ▪ Introduced Mutual Fund transaction feature on WhatsApp channel for our wealth customers 2.38 Lac+ ₹1,626 Cr ▪ Dedicated Wealth Specialist for sophisticated Wealth customers Customers Total AUM ▪ IPO ASBA available across all digital channels accessed by customers o
Slide 33: Other Key Information
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 34: Well diversified, predominantly retail and secured asset book
Well diversified, predominantly retail and secured asset book Unsecured – 7.6% ₹ 1,22,877 Cr Total Loan Portfolio ❑ Disbursement mix of High RoA assets in Q2’FY26 Commercial Banking - stands at 85% - High RoA assets are defined as 20.7% Wheels – 33.1% per internal classification ❑ ~65% of the portfo
Slide 35: Retail secured assets – Vintage book with growth opportunity
Retail secured assets – Vintage book with growth opportunity Performance Secured Retail Assets (₹ Bn) ❑ Vintage Business with strong legacy, and best in class risk adjusted returns, through the cycles 827 ❑ ~25% CAGR growth over last 5 years with ~20% YoY growth for Sep’25 25% CAGR 20% 766 5-year gr
Slide 36: 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 24% as on Sep’25 with strong asset quality 262 Creating a well-crafted Right to Win 37% CAGR 246 24% 5-year growth 38 ❑ Complete
Slide 37: Digital Unsecured loans
Digital Unsecured loans Credit Cards Personal Loans Cards In Force Portfolio Size Engagement Portfolio Size 9.50 lacs+ ₹2,258 Cr ~₹10,700 ₹3,090 Cr+ ₹649 Cr Cards Live Credit Card Receivables Avg. Spend per Card Spends in Q2’FY26 in Q2’FY26 Key initiatives Key initiatives 27% • Signed up Co-branded
Slide 38: NPA movement
NPA movement ₹ in Crores NPA Movement Q2’FY26 Q2’FY25 Q1’FY26 Opening GNPA 2,751 1,613 2,477 Additions during the period* 908 736 1,027 Less: Recoveries & Write Offs during the period (824) (447) (753) Closing GNPA 2,835 1,902 2,751 NPA Summary Q2’FY26 Q2’FY25 Q1’FY26 Gross NPA 2,835 1,902 2,751 Les
Slide 39: Provisioning summary
Provisioning summary ₹ in Crores Credit Cost Q2’FY26 Q2’FY25 Q1’FY26 H1’FY26 H1’FY25 Provision on NPA and Write off* 473 380 529 1,002 647 Repossession loss & POS loss 72 29 50 122 50 Standard & other provision 7 10 13 20 32 Covid restructuring provision (3) (5) (4) (7) (11) Contingency provision cr
Slide 40: Overview of total provisions
Overview of total provisions ₹ in Crores Sep’25 Jun’25 Particulars Loan Loan Provisions Coverage Provisions Coverage Amount Amount GNPA 2,835 1,779 63% 2,751 1,739 63% Covid related restructuring (Standard*) 263 43 17% 281 47 17% Contingency provisions 17 17 Floating provisions 41 41 Stressed and co
Slide 41: Other Key Information
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 42: 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
Slide 43: 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 ❑ Uptime of ~ 99.9% in Q2’FY26 across all critical ❑ Deployed best in class security systems to ❑ AU 0101 &
Slide 44: Board of Directors
Board of Directors Mr. H R Khan Mr. J M Prasad Mr. Kamlesh Vikamsey Ms. Kavita Venugopal Part time Chairman & Independent Independent Director Independent Director Independent Director Director 30+ years of experience 42+ years of experience, 45+ years of experience in 46+ years of experience Bankin
Slide 45: Sustainability Initiatives
Sustainability Initiatives Sustainable Finance Sustainable Communities Opened 18,879 Green Fixed Deposits raising ~₹1,354 Cr; Strengthened diversity hiring, 100% deployed in Green with an emphasis on Assets primarily towards increasing the representation Renewable Energy (Solar of women across vario
Slide 46: CSR Initiatives
CSR Initiatives AU Ignite AU Bano Champion Job oriented Skill Development Sports Initiative Till Q2’FY26, 31,000+ youth Active at 75+ locations across Rajasthan, trained in 15+ centers across 12 6,000 kids & youths regularly trained across districts of Rajasthan. 7 sports disciplines. 23,000+ have b
Slide 47: Financial & Digital Inclusion
Financial & Digital Inclusion Universal Access to Financial Services ➢ 32% of our total touchpoints/branches – 843 are in unbanked rural centres ➢ Present in 105 Special Focus Districts* with 569 touchpoints covering 48 Aspirational districts, 14 Hill States Districts, 42 Left Wing Extremist Affecte
Slide 48: Shareholding pattern
Shareholding pattern KMP, Director & their relatives (Excluding Independent Director) 1.8% Others Individuals 2.2% Domestic 6.2% Promoter & Promoter Group 22.8% Foreign holding 35% Domestic holding 65% Domestic Institution (Mutual Funds, Insurance, AIF 31.9% and Others) Foreign Holding 35.0% Note: %
Slide 49: Ratings
Ratings Credit Ratings ESG Ratings Fixed AA+/Stable CRISIL 17.0 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 69 (Strong) 48
Slide 50: Awards and recognition
Awards and recognition “Top 50 India's Best Workplaces “BFSI Team Adopting “Silver Award in People Matters for Millennials 2025, Emerging Technologies” Infini-T Awards 2025“ Large Category” At FinCrimeExpert At Asia’s Largest HR & Work Conclave & Awards 2025 Tech Expo – TechHR Great Place to Work In
Slide 51: For further information about the bank - Scan to Download
For further information about the bank - Scan to Download Analyst day Q1’FY26 Annual Report FY25 Investor Presentation AU Insights presentation - Mar’24 50
Slide 52: 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
Slide 53: For Investor queries contact
For Investor queries contact (details in QR Code): Prince Tiwari Email: investorrelations@aubank.in
AU Small Finance Bank — Q2 FY26 Earnings Presentation on 6ix