Iifl Finance Limited · NSE:IIFL
Iifl Finance — H1FY27 Earnings Presentation
48 slides from Iifl Finance's earnings presentation, Oct 15, 2026
Slide 1: Performance Review Half Year Ended September 2026
Performance Review Half Year Ended September 2026 October 15, 2026 IIFL FIN AN CE L TD. | Blo o m berg: IIFL IN | N SE:IIFL | BSE:532636
Slide 2: Contents | H1FY27
Contents | H1FY27 1 1 IIFL Finance Consolidated 3 – 14 2 FY27 Strategy 15 – 19 3 IIFL Finance Standalone 20 – 26 4 IIFL Home Finance 27 – 32 5 IIFL Samasta Finance 33 – 38 6 Corporate Information 39 – 48 2
Slide 3: IIFL Finance (Consolidated)
IIFL FINANCE (CONSOLIDATED) H1FY27 Update 3
Slide 4: IIFL Finance (Consolidated) Q2FY27 Performance at a Glance
IIFL Finance (Consolidated) Q2FY27 Performance at a Glance Loan AUM PPOP Gross NPA Net NPA PAT (pre NCI) Book Value ₹124,268 Cr ₹1,355 Cr 1.48% 0.87% ₹805 Cr ₹351.5 ▲ 8% QoQ ▲ 8% QoQ ▼ 7 bps QoQ ▲ 5 bps QoQ ▲ 13% QoQ ▲ 5% QoQ Liquidity ROA ROE CRAR Branches EPS (H1FY27) ₹33.9 ₹13,805 Cr 3.1% 1 20.1%
Slide 5: IIFL Finance (Consolidated): Key Highlights (1/2)
IIFL Finance (Consolidated): Key Highlights (1/2) AUM (₹ Cr) Asset Quality (%) AUM Mix (%) 1,24,268 6 6 5 4 3 2 2.3 1,15,523 8 2.1 1,08,180 9 9 8 8 98,336 11 9 10 10 9 90,122 12 11 1.6 83,889 1.6 1.5 1.5 33 38 44 49 51 53 1.1 0.7 0.9 1.0 0.8 0.8 38 36 32 30 29 27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q
Slide 6: IIFL Finance (Consolidated): Key Highlights (2/2)
IIFL Finance (Consolidated): Key Highlights (2/2) CRAR (%) Interest Spread (%) ROA / ROE (%) 18.2 25 16.2 16.2 16.3 16.5 16.5 19.5 20.8 28.4 28.2 27.7 17.9 20 25.3 9.0 14.4 24.3 7.1 7.1 7.3 7.4 7.4 15 11.9 23.5 10 7.6 2.2 2.5 3.0 3.1 3.2 9.2 9.1 9.1 9.0 9.1 9.1 5 1.6 0 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1
Slide 7: IIFL Finance (Consolidated): Income Statement
IIFL Finance (Consolidated): Income Statement ₹ Cr Q2FY27 Q1FY27 Q-o-Q% Q2FY26 Y-o-Y% H1FY27 H1FY26 Y-o-Y% Interest income 3,389.8 3,030.0 12% 2,447.0 39% 6,419.8 4,712.2 36% Interest expense (1,908.6) (1,719.5) 11% (1,381.9) 38% (3,628.1) (2,670.7) 36% Net interest income 1,481.1 1,310.5 13% 1,065.
Slide 8: IIFL Finance (Consolidated): Balance Sheet
IIFL Finance (Consolidated): Balance Sheet ASSETS (₹ Cr) LIABILITIES & EQUITY (₹ Cr) Financial Assets Financial Liabilities Cash and Bank Balances 8,321 Payables 308 Receivables 74 Debt Securities 29,943 Loan Assets 84,173 Borrowings (Other) 48,223 Investments 6,183 Subordinated Liabilities 5,628 Ot
Slide 9: IIFL Finance (Consolidated): Loan Mix and Growth
IIFL Finance (Consolidated): Loan Mix and Growth Q2FY27 Loan AUM (₹ Cr) Q2FY27 Q1FY27 QoQ% Q2FY26 YoY% Mix % Loan AUM (₹ Cr) Home Loan 27.2% 33,789 33,030 2% 32,034 5% Gold Loan 52.9% 65,729 58,406 13% 34,577 90% 1,24,268 1,15,523 10% MSME Loan 9.6% 11,948 10,808 11% 9,540 25% 1,08,180 11% 12% a) MS
Slide 10: IIFL Finance (Consolidated): Yield, Cost and Margins
IIFL Finance (Consolidated): Yield, Cost and Margins Yield % Q2FY27 Q1FY27 QoQ Q2FY26 YoY Yield, Cost of Borrowing, Spread (%) Home Loan 10.39% 10.50% (0.11%) 10.75% (0.36%) 17.2 16.5 16.5 Gold Loan 18.72% 18.57% 0.15% 18.56% 0.16% 16.4 16.1 16.3 14.6 MSME Loan 15.43% 16.35% (0.92%) 17.67% (2.23%) a
Slide 11: IIFL Finance (Consolidated): Asset Quality
IIFL Finance (Consolidated): Asset Quality GNPA & NNPA Trend (%) GNPA % Q2FY27 Q1FY27 QoQ Q2FY26 YoY 3.15 Home Loan 1.04% 1.02% 0.02% 1.40% (0.36%) Gold Loan 0.90% 0.61% 0.29% 0.12% 0.78% MSME Loan 3.03% 3.67% (0.64%) 5.05% (2.02%) 2.32 2.23 a) MSME Secured 3.04% 3.69% (0.65%) 5.25% (2.21%) 1.83 1.8
Slide 12: IIFL Finance (Consolidated): Asset Quality & Provisioning
IIFL Finance (Consolidated): Asset Quality & Provisioning Loan Book (₹ Cr) 0 dpd 1-30 31-90 90+ Total S1 Prov% S2 Prov% S3 Prov% RBI ECL Home Loan 93.1% 3.1% 2.8% 1.0% 22,152.5 0.5% 4.2% 35.7% 109.3 209.9 Gold Loan 86.8% 7.1% 5.2% 0.9% 40,499.3 0.6% 1.0% 13.9% 210.3 307.1 MSME Loan 87.3% 6.1% 3.6% 3
Slide 13: IIFL Finance (Consolidated): Liquidity and Funding
IIFL Finance (Consolidated): Liquidity and Funding Diversified Borrowing Mix (Outstanding on-Book exposure) 55,027 58,211 61,650 69,176 73,994 83,794 14% 14% 17% 18% 19% 19% 14% 15% 14% 16% 19% 20% 13% 11% 10% 8% 7% 7% 25% 26% 24% 23% 20% 19% 35% 34% 35% 35% 35% 35% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY2
Slide 14: India's First Tokenized Bond Transaction by a Non-PSU NBFC
IIFL Finance (Standalone): New Funding Initiative Tokenized Bonds India’s First Tokenized Bond Transaction by a Non-PSU NBFC Blockchain-based bonds offer potential for faster, more transparent processing. Investor rights and issuer obligations unchanged. Transaction Size: ₹25 Crore Execution: MSEI F
Slide 15: FY27 Strategy
FY27 STRATEGY Resilient, Capital-Efficient Growth 15
Slide 16: FY27 Strategy: Resilient, Capital-Efficient Growth
FY27 Strategy: Resilient, Capital-Efficient Growth Focussing on secured priority sector lending for superior asset quality and bank partnerships Our 5 Strategic Pillars Strategy Flywheel Secured Portfolio Anchor Asset Quality & Trust 1 Gold Loans + Mortgages (HL/LAP) → Lower risk, stable growth, sup
Slide 17: Capital Light Growth: Co-lending & Direct Assignments
Capital Light Growth: Co-lending & Direct Assignments ₹1,24,268 Cr ₹ 42,796 Cr 18 Consolidated AUM Assignment and Co-lending Off-book (34%) Active bank co-lending partners Assignment: Co-lending mix Assignment and Co-lending book by Product (Q2FY27) 40,792 42,796 38,100 34,565 30,469 37% 26,599 38%
Slide 18: AI Strategy: Q2FY27 Deployment and Scale
AI Strategy: Q2FY27 Deployment and Scale Q2 extends the Q1 portfolio across growth, credit, productivity, risk and frontline operations. CUSTOMER ACQUISITION CREDIT PRODUCTIVITY <1% 85%+ 30%+ Gold-loan acquisition cost in pilot (as % of loan value) of SME LAP applications Time saved in scoped proces
Slide 19: AI Strategy: Critical FY27 Initiatives
AI Strategy: Critical FY27 Initiatives Continuing deployment and scale-up across three project families # Critical initiatives Scale-up Target Current progress 1 Branch Productivity Enhancement 1.1 Face recognition across gold-loan branches Q4 FY27 Pilot completed, Scaling up 1.2 Branch video analyt
Slide 20: IIFL Finance (Standalone)
IIFL FINANCE (STANDALONE) H1FY27 Update 20
Slide 21: IIFL Finance (Standalone): Q2FY27 Performance Summary
IIFL Finance (Standalone): Q2FY27 Performance Summary Loan AUM Secured AUM PPOP Gross NPA Yield Spread — ₹70,382 Cr 97 % ₹894 Cr 1.30% 18.6% 9.2% ▲ 11% QoQ ▲ 117 bps QoQ ▲ 10% QoQ ▲ 3 bps QoQ ▲ 12 bps QoQ ▲ 11 bps QoQ Customers Opex to avg AUM ROE Branches Avg ticket size CRAR 25.4 lakh 3.1% 25.6%*
Slide 22: IIFL Finance (Standalone): Financial Performance
IIFL Finance (Standalone): Financial Performance ₹ Cr Q2FY27 Q1FY27 Q-o-Q% Q2FY26 Y-o-Y% H1FY27 H1FY26 Y-o-Y% Interest income 2,034.2 1,729.7 18% 1,256.6 62% 3,763.9 2,336.0 61% Interest expense (1,195.9) (1,036.8) 15% (758.4) 58% (2,232.7) (1,459.8) 53% Net interest income 838.3 692.9 21% 498.2 68%
Slide 23: IIFL Finance (Standalone): Key Highlights (1/2)
IIFL Finance (Standalone): Key Highlights (1/2) AUM (₹ Cr) Profit After Tax (₹ Cr) ROA / ROE (%) 549 28.5 * 28.6 70,382 509 * 63,170 24.6 467 57,604 49,027 17.3 40,450 301 33,605 12.6 211 8.3 133 4.4 3.8 2.2 2.8 3.7 1.5 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 * Q1FY27 Q
Slide 24: IIFL Finance (Standalone): Key Highlights (2/2)
IIFL Finance (Standalone): Key Highlights (2/2) Interest Spread (%) Average Ticket Size (₹ lakhs) AUM Mix (%) 18.3 18.6 18.2 18.1 18.5 18.6 16 12 8 7 5 4 3 2 3 3 1.23 3 3 8.8 9.2 8.8 8.8 9.1 9.2 0.99 0.99 0.97 1.04 0.94 81 85 89 91 92 93 9.5 9.4 9.4 9.3 9.4 9.4 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2F
Slide 25: IIFL Finance (Standalone): Gold Loan Risk Management
IIFL Finance (Standalone): Gold Loan Risk Management On-boarding: Fraud checks, Bureau Checks, Lower of two independent valuations e-KYC or Lower of two valuations used Branch walk-in Independent gold valuation by 2 Valuers Bureau & AI-led fraud checks Upload KYC docs Branch Security Insurance Real-
Slide 26: IIFL Finance (Standalone): Loan Mix and Growth
IIFL Finance (Standalone): Loan Mix and Growth GOLD LOAN | ₹65,729 Cr | 93.4% of Total MSME LOAN | ₹ 1,936 Cr | 2.8% of Total NON-CORE | ₹2,716 Cr | 3.9% of Total Secured MSME (LAP) ₹ 1,584 Cr CRE ₹157 Cr ATS ₹1.2L ATS: ₹218.8L | Yield: 13.8% Winding down Yield 18.7% Focus on mid-sized MSMEs in emer
Slide 27: IIFL Home Finance
IIFL HOME FINANCE H1FY27 Update 27
Slide 28: IIFL Home Finance: Q2FY27 Performance Summary
IIFL Home Finance: Q2FY27 Performance Summary Yield AUM PPOP Gross NPA PAT (pre NCI) Portfolio / Incremental ₹43,070 Cr ₹330 Cr 1.38% 11.4% / 11.8% ₹188.7 Cr ▲ 4% QoQ ▲ 6% QoQ ▼ 8 bps QoQ ▼ 9 bps / ▲ 33 bps QoQ ▲ 2% QoQ Disbursements DSA Sourcing Home Loan Share CRAR Branches ₹ 3,498 Cr 39% 78.5% 39
Slide 29: IIFL Home Finance: Financial Performance
IIFL Home Finance: Financial Performance ₹ Cr Q2FY27 Q1FY27 Q-o-Q% Q2FY26 Y-o-Y% H1FY27 H1FY26 Y-o-Y% Interest income 816.2 787.8 4% 745.6 9% 1,604.0 1,475.8 9% Interest expense (491.0) (477.3) 3% (436.5) 12% (968.3) (855.7) 13% Net interest income 325.2 310.6 5% 309.2 5% 635.8 620.1 3% Income from
Slide 30: IIFL Home Finance: Key Highlights (1/2)
IIFL Home Finance: Key Highlights (1/2) ROA / ROE (%) AUM (₹ Cr) PAT (₹ Cr) 43,070 201 204 41,540 10.7 10.5 186 189 9.2 9.1 40,111 40,023 39,628 40,075 181 177 8.9 9.0 2.9 2.8 2.5 2.4 2.3 2.3 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q1FY26 Q2FY26 Q3FY26 Q4F
Slide 31: IIFL Home Finance: Key Highlights (2/2)
IIFL Home Finance: Key Highlights (2/2) AUM Mix (%) Interest Spread Average Ticket Size (₹ lakhs) 12.2 12.0 2 2 2 2 2 1 11.7 11.6 11.6 11.4 18 18 18 18 19 20 17.81 3.8 3.6 3.5 3.5 3.4 3.2 17.29 16.50 16.85 15.07 15.51 80 80 80 80 79 79 8.4 8.4 8.2 8.1 8.2 8.2 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY2
Slide 32: IIFL Home Finance: Loan Mix and Growth
IIFL Home Finance: Loan Mix and Growth HOME LOAN | ₹33,789 Cr | 78.5% of total MSME SECURED (LAP) | ₹8,685 Cr | 20.2% of total AFFORDABLE PROJ FINANCE | ₹596 Cr | 1.3% of total ATS ₹16.9 Lakhs ATS ₹19.5 Lakhs ATS ₹761.0 Lakhs Yield 10.4% Yield 15.3% Yield 14.8% Tenor Up to 25 years Tenor Up to 15 ye
Slide 33: IIFL Samasta Finance
IIFL SAMASTA FINANCE H1FY27 Update 33
Slide 34: IIFL Samasta Finance: Q2FY27 Performance Summary
IIFL Samasta Finance: Q2FY27 Performance Summary Disbursements AUM Gross NPA Net NPA PAT ₹1,744 Cr ₹10,816 Cr 2.82% 0.86% ₹69.0 Cr ▼ 11% QoQ 0% QoQ ▼ 46 bps QoQ ▼ 14 bps QoQ ▲ 13% QoQ Customers CRAR ROE Branches Avg ticket size 20.7 lakh 26.0% 13.2% * 1,613 ₹ 0.70 Lakh * ROE is H1FY27 annualized 34
Slide 35: IIFL Samasta Finance: Financial Performance
IIFL Samasta Finance: Financial Performance ₹ Cr Q2FY27 Q1FY27 Q-o-Q% Q2FY26 Y-o-Y% H1FY27 H1FY26 Y-o-Y% Interest income 514.4 488.2 5% 404.9 27% 1,002.6 828.5 21% Interest expense (222.1) (208.2) 7% (192.7) 15% (430.4) (378.4) 14% Net interest income 292.3 280.0 4% 212.1 38% 572.2 450.1 27% Income
Slide 36: IIFL Samasta Finance: Key Highlights (1/2)
IIFL Samasta Finance: Key Highlights (1/2) AUM (₹ Cr) PAT (₹ Cr) ROA / ROE (%) 10,813 10,816 61 61 69 10,173 10,501 9,650 9,681 12.6 13.9 19 13.0 3 2.6 2.4 2.6 0.6 1.1 -2.7 0.1 0.8 -61 -12.7 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY
Slide 37: IIFL Samasta Finance: Key Highlights (2/2)
IIFL Samasta Finance: Key Highlights (2/2) AUM mix (%) Interest spread Average ticket size (₹ lakhs) 6 5 4 4 4 3 24.1 24.1 24.3 24.4 24.0 5 5 4 3 3 3 24.1 13 14 13 12 12 0.68 0.69 0.70 12 0.63 0.56 0.59 14.0 14.4 14.1 14.4 14.6 14.3 77 77 78 80 81 82 10.1 9.7 10.0 9.9 9.8 9.7 Q1FY26 Q2FY26 Q3FY26 Q4
Slide 38: IIFL Samasta Finance: Loan Mix and Growth
IIFL Samasta Finance: Loan Mix and Growth GROUP LOANS (MFI) | ₹8,847 Cr | 82% of Total MSME LOAN | ₹1,663 Cr | 15% of Total DAIRY CATTLE LOAN | ₹306 Cr | 3% of Total Secured MSME (LAP) ₹1,327 Cr ATS ₹0.6L ATS ₹0.7L ATS: ₹4.8L | Yield: 22.9% Yield 23.9% Yield 24.3% For graduating MFI customers CGFMU
Slide 39: Corporate Information
CORPORATE INFORMATION Group Structure, Strategy & Governance 39
Slide 40: IIFL Finance: Group Structure and Ownership
IIFL Finance: Group Structure and Ownership IIFL Finance Shareholding Pattern % holding ~ 80% (Listed) ~ 100% Promoters 24.8 IIFL Home Finance IIFL Samasta Finance Institutional Investors 48.8 Fairfax 13.6 Home Loan Gold Loan Microfinance Bank Muscat India Fund 3.3 Secured MSME, CRE Secured MSME Loa
Slide 41: Distinguished Board of Directors in the Company & its Subsidiaries
Distinguished Board of Directors in the Company & its Subsidiaries Govinda Rajulu B. P. Kanungo Srinivasan Sridhar Chintala Chairman & Independent Chairman & Chairman & Director Non-Executive Director Independent Director Former Dy Governor, RBI Former Chairman, NHB Former Chairman, NABARD Gopalakri
Slide 42: An Experienced Senior Management with Strong Credentials
An Experienced Senior Management with Strong Credentials R Venkataraman Girish Kousgi N Venkatesh Nirmal Jain Joint Managing Director MD & CEO, IIFL MD, IIFL Samasta Finance Managing Director PGDM-IIMB, B.E – IIT, Home Finance Leadership program in PGDM-IIMA, CA, CWA Kharagpur MBA, BCom Microfinance
Slide 43: ESG at IIFL Finance: Strategy & Performance
ESG at IIFL Finance: Strategy & Performance Embedding sustainability into the core of business — recognised by external ratings Environmental Social Governance Climate-conscious operations Inclusive growth + community Strong oversight & transparency • ISO 14001:2015 certified for 3 large branches •
Slide 44: Governance, Disclosures & External Recognition
Governance, Disclosures & External Recognition Strong board oversight, audited disclosures, and sector leadership Board-Level ESG Committee First Year of External BRSR Assurance Globally Aligned Disclosures Oversees and approves all ESG initiatives. ESG function Reasonable Assurance for BRSR Core (I
Slide 45: Reconciliation: Consolidated Results with Group Entities
Reconciliation: Consolidated Results with Group Entities Intergroup & Other Q2FY27 (₹ Cr) Standalone Home Finance Samasta Subsidiaries Consolidated Interest income 2,034.2 816.2 514.4 25.0 3,389.8 Interest expense (1,195.9) (491.0) (222.1) 0.4 (1,908.6) NII 838.3 325.2 292.3 25.4 1,481.1 Non-fund in
Slide 46: Financial Targets: FY27 & 3-Year Plan
Financial Targets: FY27 & 3-Year Plan Near-term FY27 targets alongside the medium-term (FY28–FY30) trajectory across key performance metrics FY27 TARGETS ~25% 1.5-1.7% 3.1–3.3% 16–20% 35–40% ROE AUM Growth Credit Costs ROA Equity raise amount will have Off-book Loan Assets impact 3-YEAR PLAN (FY28 –
Slide 47: Link to databook
Link to databook Data reported across previous quarters is now continued to be reported in a Data Book, maintained in an excel format on our website. The Link for the data book is hosted below. Click here to download databook Click here to download databook 47
Slide 48: Thank You
Thank You Published October 2026 IIFL Finance Ltd. All rights reserved. Regd. Off: IIFL House, Sun Infotech Park, Road No. 16V, Plot No.B-23, Thane – 400604. This report is for information purposes only and does not construe to be any investment, legal or taxation advice. It is not intended as an of