Suryoday Small Finance Bank Limited · NSE:SURYODAY
Suryoday Small Finance Bank — Q1 FY26 Earnings Presentation
41 slides from Suryoday Small Finance Bank's earnings presentation, Jul 24, 2025
Slide 1: Exchange cover letter for investor presentation
July 24, 2025 Ref.: SSFB/CS/32/2025-26 To, National Stock Exchange of India Limited BSE Limited Listing Department The Corporate Relations Department Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai-400 051 Mumbai-400 001 Symbol
Slide 2: Investor Presentation Q1 FY26 June 2025
Investor Presentation Q1 FY26 June 2025
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Performance Highlights and Way Forward 02 Company Overview 03 Asset Products 04 Asset Portfolio Quality 05 Liability Portfolio 06 Financial & Key Ratios 07 Guidance 08 CSR Initiatives Investor Presentation 2
Slide 4: Performance Highlights & Way Forward
01 Performance Highlights & Way Forward Q1 FY26 3
Slide 5: Performance Highlights – Q1 FY26
PERFORMANCE HIGHLIGHTS – Q1 FY26 Parameter Q1 FY26 Q1 FY25 Y-o-Y Growth IF Momentum back to normalcy, continuing secured asset momentum Gross Advances ₹ 10,846 ₹ 9,037 20.0% • Inclusive Finance (JLG & Individual Loans) disbursements recovered to Deposits ₹ 11,312 ₹ 8,137 39.0% ₹1,076 Cr. in Q1 FY26
Slide 6: Key Strategies That Have Played Out
KEY STRATEGIES THAT HAVE PLAYED OUT JLG VL VL GNPA 5,072 5,089 5,174 Individual Loans for • Recognized the need in FY22. 3,743 11.1% 12.5% • Grew the portfolio to ₹3,410 Cr. - 66% of IF portfolio 3,386 2,683 graduating • ~75% customers making digital/SI repayments 213 1,232 3,027 3,410 microfinance
Slide 7: Key Metrics – Q1 FY26
KEY METRICS – Q1 FY26 Gross Advances (₹ Cr) Disbursements (₹ Cr) Deposits (₹ Cr) 20.0 % Y-o-Y 5.8 % Q-o-Q 30.0 % Y-o-Y 7.6 % Q-o-Q 39.0 % Y-o-Y 6.9 % Q-o-Q 10,251 10,846 9,037 5,162 5,672 3,796 11,312 10,580 2,101 2,261 8,137 1,740 5,241 5,089 5,174 Jun-24 Mar-25 Jun-25 Q1FY25 Q4FY25 Q1FY26 Jun-24 M
Slide 8: Key Metrics – Q1 FY26
KEY METRICS – Q1 FY26 All numbers in ₹ Cr.s, unless otherwise indicated Effective Yield on Advances (%) Cost of Funds (%) NIM (%) 331 bps Y-o-Y 67 bps Q-o-Q 29 bps Y-o-Y 14.0 bps Q-o-Q 282 bps Y-o-Y 59 bps Q-o-Q 20.1% 17.4% 16.8% 7.6% 8.1% 7.9% 10.0% 7.8% 7.2% Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY
Slide 9: Plan Ahead
PLAN AHEAD All numbers in ₹ Cr.s, unless otherwise indicated Inclusive Finance Secured Book Mortgage/LAP: Focused, segmented approach Pre-approved Vikas Loan Acquisition Engine (JLG & NTB VL) HL: Micro-market strategy Welcoming branches to boost walk-ins BRE driven creditCustomer Servicefocused c
Slide 10: Company Overview
02 Company Overview 9
Slide 11: Key Milestones
KEY MILESTONES Suryoday 2.0 As on June 2025 Gross Advances crosses ₹ 10,500 Cr & Deposits crossed 11,000 Cr Vikas Loan portfolio crosses ₹ 3,400 Cr Customer Base – 3.5 Mn / Branch Network - 710 2024 & New Initiatives to scale MSME & Secured Credit Card Beyond IPO & Year of Reset COVID Tailwinds Stab
Slide 12: Empowering Solutions: Beyond Micro Lending
EMPOWERING SOLUTIONS: BEYOND MICRO LENDING Asset Portfolio Liabilities Portfolio TD, RD & Long-Term CASA Inclusive Finance Retail Assets Deposit (48%) (52%) JLG Vikas Loans Vehicle Bulk Deposits Digital FD Mortgage Others (34%) (66%) Financing Expanding Beyond Micro Lending Housing Loans CV FIG Cust
Slide 13: Strong Foothold: Covering 2/3rd of India
STRONG FOOTHOLD: COVERING 2/3RD OF INDIA Branch Distribution Particulars June’25 June’24 Asset focused outlets 383 392 CG:1 Liability focused outlets* 130 115 HR 3 Rural Centers 197 194 DL:6 Total 710 701 48 39 Note: *Includes Composite Branches Geographical Mix of the Branches 41 35 Outlets Asset F
Slide 14: Building Capabilities on Digital
DIGITAL BUILDINGCAPABILITIES ON DIGITAL CAPABILITIES Partnership enables us to quickly launch innovative digital services by 1 collaborating with fintechs and tech providers Total Digital Book Strong middleware and cyber security empowering seamless integration of digital 1,115Cr + channels, core sy
Slide 15: Asset Products
03 Asset Products 14
Slide 16: Inclusive Finance: Beyond Micro-Lending
INCLUSIVE FINANCE: BEYOND MICRO-LENDING JLG / NTB VL are the customer acquisition engine Eventually transitioning to comprehensive banking Vikas Loan Share solutions to the household 66% of IF Gross Advances Graduating customers are given Vikas Loans after a period of 2 years post curation Average T
Slide 17: Inclusive Finance: Shifting Group to Individual
INCLUSIVE FINANCE: SHIFTING GROUP TO INDIVIDUAL Product Description Gross Advances (₹ Cr) Parameter JLG Vikas Loans 5,072 5,089 5,174 Customer Segment Urban/ Semi Urban Urban/ Semi Urban 3,743 3,386 2,683 3,027 3,410 Products Group Loans Individual Loans 2,944 213 1,232 29 Geography Tier 1&2 Tier 1&
Slide 18: Mortgages: Focused Approach
MORTGAGES: FOCUSED APPROACH SSFB offers comprehensive mortgage Gross Advances offerings - Housing & MSME Loans catering to Semi-prime and urban affordable customer segment Present Locations ₹2,350Cr+ Business Strategy: Focus on retail & Disbursements secured MSME lending. Deepening portfolio in exis
Slide 19: Mortgages: Sustainable Growth
MORTGAGES : SUSTAINABLE GROWTH Product Description Gross Advances (Rs. Cr) Micro Mortgages Housing Loans (Kushal Parameter LAP (Pragati Loans) Loans) Customer Semi Prime / Urban Semi Prime / Urban 2,187 2,375 Affordable / Semi Urban 441 Segment Affordable Affordable 406 1,588 Home Loans – Resale / H
Slide 20: Vehicle Financing: Monetizing on Large Opportunity
VEHICLE FINANCING: MONETIZING ON LARGE OPPORTUNITY SSFB is diversifying business through various products under Vehicle 1 Financing Portfolio – CV, TW, Used CV & Car loans Expanding in the rural space, catering the Tier 3 & Tier 4 locations Customers 2 and focusing on going more granular retail base
Slide 21: Vehicle: Accelerated Growth Over Last 3 Years
VEHICLE: ACCELERATED GROWTH OVER LAST 3 YEARS Portfolio description Gross Advances* (₹ Cr) Parameter Commercial Vehicles Two Wheelers Customer Segment Urban / Semi Urban Urban / Semi Urban Products Used and New CVs New Two Wheelers 1,463 1,336 Geography Tier 2 & 3 Tier 1, 2 & 3 830 Distribution Hub
Slide 22: FIG, Supply Chain, MSME & Others
FIG, SUPPLY CHAIN, MSME & OTHERS Gross Advances (₹ Cr) Portfolio description Supply Chain Parameter FIG Others Finance 122 232 350 Customer NBFCs/ SME/ 259 Retail/ MSME Segment Corporates MSME 313 240 Products Corporate Lending Vendor Financing Individual Lending 275 1,147 1223 848 243 688 380 214 D
Slide 23: Asset Business Update – Q1 FY26
ASSET BUSINESS UPDATE – Q1 FY26 Micro Particulars (₹ Cr) JLG VL HL LAP Vehicles FIG SCF MSME Others* Total Mortgage Gross Advances – (₹ Cr) 1,763.9 3,409.9 756.0 1,178.0 441.4 1,462.8 1,223.2 350.0 57.5 202.9 10,845.6 Disbursement – Q1 FY26 (₹ Cr) 204.3 871.7 58.5 155.7 48.4 251.8 282.0 341.2 31.6 1
Slide 24: Asset Portfolio Quality
04 Asset Portfolio Quality 23
Slide 25: Portfolio Performance
PORTFOLIO PERFORMANCE SSFB – PAR 30+ IF – PAR 30+ Retail Assets – PAR 30+ 13.7% 16.3% 7.2% 8.3%# 0.8% 1.4% 1.0% 2.0% 2.6% 4.2% 4.8% 2.9% 3.3% 3.8% 3.5% 3.7% 1.9% 1.6% Jun-24 Mar-25 Jun-25 Jun-24 Mar-25 Jun-25 Jun-24 Mar-25 Jun-25 PAR 90+ Figures may not add up due to rounding off # Out of ₹ 918 Cr o
Slide 26: GNPA Asset Quality & Credit Cost
GNPA ASSET QUALITY & CREDIT COST All numbers in ₹ Cr.s, unless otherwise indicated GNPA Q1 FY26 Movement GNPA Q4 FY25 Movement 279 73 2 22 308 80 20 918 734 734 529 Mar-25 New Tech W/off RollBack/ Jun-25 Dec-24 New Tech W/off Sold to ARC RollBack/ Mar-25 Recoveries Recoveries Provisions Q1 FY26 Move
Slide 27: CGFMU Walkthrough (IF)
CGFMU Walkthrough (IF) Post-COVID, the bank opted for CGFMU cover in FY23 at a time when the credit costs were less than 3%, as part of its risk management strategy in respect of the Inclusive Finance portfolio given that the microfinance sector witnesses cyclicality. As of June’25, the bank has pai
Slide 28: Liability Portfolio
05 Liability Portfolio 27
Slide 29: Deposit Landscape
DEPOSIT LANDSCAPE Key Product Acquisition Customer Highlights Offerings Channels Profiling Deposits Traditional Deposit Smart Banking Outlets Aspiring Middle Class Products – CASA, TD Goal based saving products, Exclusive • Targeted business focus within radius of ₹ 11,312 Cr ~2kms offers, Easy-to-u
Slide 30: Deposit Update
DEPOSIT UPDATE Deposits Retail Deposit (Incl CASA) Average Ticket Size ₹ Cr 8,137 10,580 11,312 4% 81 82 79 Retail % 2,083 30% 1,995 <50 k 2,006 30% Retail TD 1,719 2,212 50 K to 5 Lakhs CASA 1,439 17.7 20.9 5 Lakhs to 50 Lakhs 17.7 6,373 7,223 CASA % 4,979 50 Lakh & above Bulk 36% Jun-24 Mar-25 Jun
Slide 31: Funding Mix & Liquidity
FUNDING MIX & LIQUIDITY Balance Sheet Mix Capital Adequacy Ratio % (CRAR) 27.3% 25.8% 1.6% 24.6% 1.4% 14% 1.1% 3% 12% 25.7% 24.5% 23.5% 70% Jun-24 Mar-25 Jun-25 Deposits Shareholders Fund Other Liab Borrowings Tier 1 Tier 2 Total Figures may not add up due to rounding off Investor Presentation 30
Slide 32: Financial & Key Ratios Q1 FY26
06 Financial & Key Ratios Q1 FY26 31
Slide 33: Financials – Balance Sheet
FINANCIALS – BALANCE SHEET Particulars (₹ Cr) Jun-25 Jun-24 Y-o-Y Mar-25 Q-o-Q Capital and Liabilities Capital 106.3 106.2 0.0% 106.3 0.0% Reserves and Surplus 1,854.6 1,772.1 4.7% 1,820.8 1.9% Deposits 11,312.2 8,137.3 39.0% 10,579.6 6.9% Borrowings 2,284.5 2,340.5 -2.4% 2,710.3 -15.7% Other Liabil
Slide 34: Financials – P&L Account
FINANCIALS – P&L ACCOUNT Particulars (₹ Cr) Q1 FY26 Q1 FY25 Y-o-Y Q4 FY25 Q-o-Q Interest Earned 495.2 488.1 1.4% 470.6 5.2% Interest Expended 248.0 194.9 27.3% 225.9 9.8% Net Interest Income 247.1 293.2 -15.7% 244.7 1.0% Other Income 108.6 70.1 54.9% 60.1 80.8% Net Total Income 355.8 363.4 -2.1% 304
Slide 35: Financials – Key Metrics
FINANCIALS – KEY METRICS Particulars (₹ Cr) Unit Q1 FY26 Q1 FY25 Y-o-Y Q4 FY25 Q-o-Q Gross Advances ₹ Cr 10,846 9,037 20.0% 10,251 5.8% Disbursement ₹ Cr 2,261 1,740 30.0% 2,101 7.6% Deposits ₹ Cr 11,312 8,137 39.0% 10,580 6.9% Retail Deposit to Total Deposit % 81.6% 78.9% 272 bps 81.1% 45 bps CASA
Slide 36: Guidance
07 Guidance 35
Slide 37: FY26 Guidance
FY26 Guidance Returns Advances ROA expected to be 1.5% to 1.6% Expected to grow ROE expected to be by 30% to 35% 11% to 12% Asset Mix Asset Quality To achieve a secured GNPA <5% / NNPA <3% mix of 55% Over 98% of Deposits IF portfolio covered under Expected to grow by 40% to 45% CGFMU (CASA to 22.0%+
Slide 38: CSR Initiatives
08 CSR Initiatives 37
Slide 39: Beyond Banking
BEYOND BANKING Adhira: Financial Empowerment of Domestic Workers The team supported domestic workers in registering for domestic worker cards, opening bank accounts, and enrolling in schemes like E-Shram, ABHA, and others. Additionally, 6 children under 18 were enrolled in the Balsangopan Scheme, ea
Slide 40: Beyond Banking
BEYOND BANKING Spandan: Health Interventions for Women and Adolescent Girls Seven eye check-up camps were held in Navi Mumbai and Mumbai in partnership with Sankara Eye Hospital, benefiting 287 people; 8 received free cataract surgery. Six menstrual and reproductive health awareness camps were condu
Slide 41: Glossary
GLOSSARY Terminology Definition Terminology Definition Gross Advances Assets Under Management (Excludes ARC) NNPA Net Non Performing Assets CASA Current Account Savings Account NPA Non Performing Assets CBS Core Banking System NTB New-To-Bank CGFMU Credit Guarantee Fund for Micro Units PAR Portfolio
Suryoday Small Finance Bank — Q1 FY26 Earnings Presentation on 6ix