Slide 1: Exchange intimation: Investors presentation for quarter ended 31st December 2025
Date: February 19, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block Dalal Street, Mumbai – 400 001 Bandra – Kurla Complex, Bandra (E) Scrip Code: 517214 Mumbai – 400 051 Scrip Code: DIGISPICE Sub.: Investors presentation on th
Slide 2: Investor Presentation Q3 FY'26
Investor Presentation Q3 FY’26 19th Feb, 2026 1
Slide 3: Table of Contents
Table of Contents The Spice Bharat Stack 1 Key Highlights 2 Digispice Technologies: At a Glance 3 Financial Highlights 4 Key Business Update 5 Key Services Update 6 Road Ahead 7 Licenses and Partnerships 8 2
Slide 4: The Spice Bharat Stack: Agent-Led Distribution, Customer & Merchant-Led Transactions, Credit-Led Growth
The Spice Bharat Stack: Agent-Led Distribution, Customer & Merchant-Led Transactions, Credit-Led Growth Spice Money Spice Pay (Agent App) (Customer & Merchant App) B2B2C Platform- Enabling Financial A PPI wallet-based UPI App Services for Bharat Digitizing Payments in Cash First Markets in Bharat Sp
Slide 5: Key Highlights
Key Highlights ➢ Muted Quarter (Q-o-Q): Customer GTV declined due to elevated AEPS subsidies in the prior quarter, along with a drop in CMS GTV driven by a broader slowdown across the MFI and NBFC industry. ➢ Labour Code : Financial impact reflected in the quarter following the rollout of the new La
Slide 6: Digispice Technologies: At a Glance
Digispice Technologies: At a Glance 16.4 lakhs+ 2.55 lakh+ 2.7 Cr + 1,000+ Spice Money (Monthly) (as of 31st Dec) Registered Agents (#) Small Town coverage (#) Customers Served Employees (#) ₹15,065 Cr 18.64% 78 ₹10,533 Cr 13.2% Y-o-Y Market share 9% Y-o-Y 5 Enterprises Y-o-Y -2.62% Y-o-Y* Enterpris
Slide 7: Robust Momentum with Margin led growth
Robust Momentum with Margin led growth Year ended Growth YTD Growth Particulars (Rs. Crs) Q3FY25 Q2FY26 Q3FY26 FY25 Q-o-Q Y-o-Y Dec'24 Dec'25 Y-o-Y • Revenue declined by 8% this 1.Customer GTV 1,15,787 31,951 32,270 30,951 -4% -3% 83,822 95,981 14.5% quarter, primarily driven by lower 2. Revenue 448
Slide 8: Key Business Update- Expanding Reach, Deepening Market Presence
Key Business Update- Expanding Reach, Deepening Market Presence Spice Money Agents Geographical Presence Across Spice Money Agents (‘000) 2.55 L Small Towns 6,486 Blocks 13.1 lakh SMAs in Tier 4,5,6 Small Towns (Population <20K / Small Town) 1,635 1,549 1,580 1,608 1,506 1,429 1,464 1,392 1,244 1,00
Slide 9: Key Business Update- Sustained Growth in Transaction Value & Margins
Key Business Update- Sustained Growth in Transaction Value & Margins GTV (in ₹ ‘000 Cr) Gross Margin (in ₹ Cr) 100.6K 107.8K 115.8 K 21.0% 178 169.3 5.1 164.5 2.4 18.5% 18.6% 19.0% 10.7 2,689 0.7 9.7 2,500 21.6 17.3% 17.4% 17.3% 35.7 2,882 17.1% 31.9 17.0% 23.7 20,968 32,535 49,244 15.0% 13.0% 125.4
Slide 10: Key Services Update- AEPS
Key Services Update- AEPS AEPS CW GTV- Off-Us Industry & Spice Money (in INR. ‘000 Crs) & Market Transactions Attempted (In ₹ Cr) & Success Ratio % AEPS-Cash Deposit GTV (in ₹ Crs) Share (%) 11.52 10.66 4.32 4.52 4.36 18.64% 20.00% 18.49% 399.8 40 .0 76 .0% 374.1 17.35% 17.27% 17.13% 73.9% 315.4 328
Slide 11: Key Services Update- Cash Management Services (CMS)
Key Services Update- Cash Management Services (CMS) CMS GTV(in ₹ Cr) CMS Sector wise GTV Contribution (%) 43,162 Q3FY25 Q3FY26 Q-o-Q Y-o-Y All Clients (except 1 Client) -4.95% -2.62% 13% 10% 8% 17% 1 Opportunity Client -28% -66% 13% 27,682 29% 35,287 33% 13,342 11,505 10,533 24% 27,682 38% 9,453 15%
Slide 12: Key Services Update- Bharat Bill Payment System (BBPS)
Key Services Update- Bharat Bill Payment System (BBPS) BBPS GTV(in ₹ Cr) Total vs Repeat Customers % Average Ticket Size (Rs.) 5,310 2,481 12 0.0 60.8% 61.4% 70 .0% 2,437 1,126 Y-O-Y Q-O-Q 97.1 99.0 2,378 4,190 10 0.0 53.8% 60 .0% 8.2% 1.3% 1,030 40.8% 50 .0% 2,231 2,194 80 .0 34.4% 40 .0% 60 .0 2,0
Slide 13: Key Services Update- Current Account – Savings Account (CASA) (Lifetime)
Key Services Update- Current Account – Savings Account (CASA) (Lifetime) Total Accounts(CA/SA) SMAs opening 5+ Accounts (Nos.) Total Float (in ₹ Crs) 1,506,069 260 1,322,755 77,899 245 74,996 37,674 1,005,419 34,962 221 210 68,133 841,514 32,502 62,511 29,626 1,428,170 180 1,247,759 27,100 375,116 9
Slide 14: Key Services Update- Credit (FLDG Model)
Key Services Update- Credit (FLDG Model) No. of Loans Disbursed Value of Loans Disbursed (in ₹ Crs) Y-o-Y Y-o-Y 73% 2.5x 4,542 20.46 19.02 3,174 3,429 16.67 Q-o-Q Q-o-Q 1,982 7.73 - 8% - 14% FY24 FY25 Q3FY25 Q2FY26 Q3FY26 FY24 FY25 Q3FY25 Q2FY26 Q3FY26 Credit Growth Future Growth Drivers • Initiated
Slide 15: Key Services Update- Financial Product Distribution
Key Services Update- Financial Product Distribution No. of Gold & Other Loans Disbursed Value of Gold & Other Loans Disbursed (in ₹ Crs) 2,881 5,572 1,018 2,868 2,090 20.1 190.7 39.8 159.3 103.1 319 81 91 130 Total Loans 29.9 Total Loans 6.5 76.8 Y-o-Y 22.4 54.4 Y-o-Y 1,838 2,777 2.1x 2.6x 5,253 937
Slide 16: The Spice Bharat Stack: Driving Digital Led Financial Inclusion– Unfolding The Next Chapter
The Spice Bharat Stack: Driving Digital Led Financial Inclusion– Unfolding The Next Chapter FINANCIAL ATM COLLECTIONS SPICE PAY LENDING SERVICES Bharat’s Largest Assisted Bharat’s Largest Rural Bharat’s Deepest Financial Bharat’s First Assisted Empowering Bharat with ATM Network Cash Collection Netw
Slide 17: Licenses we Hold and Our Partnerships
Licenses we Hold and Our Partnerships Licenses we Hold Prepaid Instrument (PPI) license Bharat Bill Payment System license IRCTC Principal Agency license IRDAI Corporate Agency license AUA/KUA license Banking Business Partners Credit Business Partners Collection Business Partners Banks NBFCs Logisti
Slide 18: Thank You
Thank You For further queries please contact: Hashika Mutreja Aastha Garg Adfactors PR Associate Vice President, Spice Money Limited +91 9167753859 +91 9953327021 hashika.mutreja@ aastha.garg@spicemoney.com @adfactorspr.com 17