Shalibhadra Finance Limited · BSE:SAHLIBHFI
Shalibhadra Finance — Q1 FY26 Earnings Presentation
33 slides from Shalibhadra Finance's earnings presentation, Aug 19, 2025
Slide 1: BSE cover letter for Investor Presentation Q1 FY26
CIN: L65923MH1992PLC064886 Corporate Office: 3, Kamat Industrial Estate, 396, Veer Savarkar Marg, Opp. Siddhi Vinayak Temple, Prabhadevi, Mumbai – 400 025 Phone: 022-2432 2993 / 022-2432 2994 022-2422 4575 / 022-2432 3005 E-mail: shalibhadra_mum@yahoo.co.in Date: 19th August 2025 To, The Manager BSE
Slide 2: Investor Presentation Q1 FY26
INVESTOR PRESENTATION Q1 FY26 19th August, 2025
Slide 3: Agenda
AGENDA 01 02 03 04 Business Financial Outlook Management Overview Highlights and Shareholding
Slide 4: Q1 FY26 Performance Snapshot
Q1 FY26 Performance Snapshot Auto Financier Driving Prosperity “Resilient NBFC offering customized retail products and catering to the diversified financial needs of rural, semi- urban and other under banked geographies of Gujarat, Maharashtra, MP and Rajasthan” 84 46 1,588 9.3%* 11.7%* Net Interest
Slide 5: Q1 FY26 Highlights
Q1 FY26 Highlights o Net Interest Income (NII) grew 16% YoY in Q1 FY26 to INR 84 Mn, reflecting strong core lending performance. o In Q1 FY26, the company achieved a Pre-Provision Operating Profit of INR 64 Mn, which Financial was a growth of 11% YoY highlighting the company's strong operational eff
Slide 6: Management Commentary on Q1 FY26 Results
Management Commentary on Q1 FY26 Results “We are pleased to report another quarter of strong profitability, carrying forward our growth momentum into FY26. For the first quarter, we reported a PAT of INR 46 million, marking a 35% year-on-year increase, driven by improved credit cost dynamics. Despit
Slide 7: Business Overview
Business Overview
Slide 8: Vision and Mission: Empowering Rural Mobility
Shalibhadra Finance - Empowering Rural Mobility Financing the Heartland of Bharat OUR VISION Bridging Geographic Empowering the To cater to the diverse financial needs of Disparities Underbanked rural India OUR MISSION Addressing the Reducing Dependence To become leading NBFC serving rural & Financi
Slide 9: Diversified Product Offerings
Diversified Product Offerings Simple, Speedy, Small Ticket Asset Financing Products with High Yields New Two-Wheeler Loans Used Two-Wheeler Loans Used Three/Four-Wheeler Loans Customer Offering loan for purchase of new Used Two-wheeler loans to Loan against pre-owned three/four- Target two wheelers
Slide 10: Strong Distribution Network
Strong Distribution Network Expanding Footprint in Key States Branch Network (in Nos.) With a network of 53 branches, currently the 1 company serves a total of 40 districts across these four states. The company has established partnerships with dealers, brokers, and service stations within a 50 2 km
Slide 11: Rural Resilient Business Model
Rural Resilient Business Model Transforming Challenges into Competitive Advantages Seasonal Income-Centric Repayment Informal Credit Rating System Structure o Recognition that CIBIL scores may not o Customized repayment plans aligned be reflective of rural realities. with the seasonal income pattern
Slide 12: Distinctive Attributes Fuelling Success
Distinctive Attributes Fuelling Success Positioning Ourselves as a Distinguished Player in the Industry. Loyalty Enriched 40% Repeat Customer Base: A testament to our commitment and service excellence, nearly 40% of our customers choose us again, demonstrating the trust we've earned. Stability in Wo
Slide 13: Seamless Digital Customer Onboarding
Seamless Digital Customer Onboarding Leveraging Technology from Origination to Disbursement Implementing Digital API Collections LOS & LMS Onboarding Integrations o Introduction of LMS and LOS o Streamlined end-to-end digital o Integrating multiple APIs such as o Partnering with several payment mark
Slide 14: Strategic Capabilities
Strategic Capabilities Navigating Challenges, Seizing Market Opportunities Intrinsic Capabilities… Brand Strength Well Established Relationships Retail Franchise o Engaged in Auto Finance Business o Strong connections with dealers and brokers, forming o Advances spread over large customer and for th
Slide 15: With Strong Focus on Core Inherent Strengths
With Strong Focus on Core Inherent Strengths… Unique Business Model Quick Disbursements Robust Credit Assessment Focus on “Difficult to Reach Sufficient Capital Adequacy Leveraging Technology Areas” 100% Cashless Strong Workforce Flexible Repayment Options Disbursements Driving Financial Empowerment
Slide 16: Declining NPA Trend Despite Sectoral Headwinds
Declining NPA Trend Despite Sectoral Headwinds Efficiently Managed Asset Quality Gross NPA (%) Net NPA (%) 2.28% 3.48% 3.22% 2.86% 2.87% 2.84% 1.69% 0.81% 0.74% 0.66% FY22 FY23 FY24 FY25 Q1 FY26 FY22 FY23 FY24 FY25 Q1 FY26 o Demonstrated robustness in managing asset quality, maintaining stability an
Slide 17: Financial Highlights
Financial Highlights
Slide 18: Financial Performance on an Upward Trajectory
Financial Performance on an Upward Trajectory Net Interest Income (NII) Pre-Provision Operating Profit (PPOP) 232 293 258 189 202 140 152 101 84 58 64 73 FY22 FY23 FY24 FY25 Q1FY25 Q1FY26 FY22 FY23 FY24 FY25 Q1FY25 Q1FY26 Profit After Tax (PAT) Earnings Per Share (EPS)^ 160 17.9 17.3 15.3 120 11.5 8
Slide 19: Robust Performance on Operational Front
Robust Performance on Operational Front AUM Borrowings 1,800 1,825 567 579 551 1,480 1,379 1,291 375 357 1,153 FY22 FY23 FY24 FY25 Q1FY25 Q1FY26 FY22 FY23 FY24 FY25 Q1 FY26 Disbursements Net Worth 1,076 1,588 1,543 927 838 688 968 782 576 314 240 FY22 FY23 FY24 FY25 Q1FY25 Q1FY26 FY22 FY23 FY24 FY25
Slide 20: Healthy Margins
Healthy Margins Yields on Advances (%) Cost of Funds (%) 24.2% 25.1% 12.8% 22.4% 22.0% 20.8% 19.6% 11.9% 11.6% 11.5% 11.1% 10.8% FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 Spreads (%) NIMs (%) 12.7% 13.2% 19.7% 20.4% 11.0% 18.9% 18.7% 9.9% 16.8% 9.6% 8.0% 13.7% FY22 FY23
Slide 21: Improving Efficiency
Improving Efficiency Credit Costs (%) Cost – Income (%) 3.5% 34.7% 32.1% 28.3% 25.6% 24.7% 2.2% 2.1% 20.9% 1.7% 1.7% 1.0% FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 RoA (%) RoE (%) 9.3% 8.6% 13.7% 13.8% 8.2% 12.7% 7.6% 12.3% 11.7% 11.7% 6.1% 5.1% FY22 FY23 FY24 FY25 Q1 F
Slide 22: Comfortable Liquidity and ALM Statement
Comfortable Liquidity and ALM Statement Liquidity Statement as on 30th June 2025 Cumulative Inflows (INR Mn) Cumulative Outflows (INR Mn) 1,954 1,503 1,071 654 411 276 178 270 270 88 20 106 0 - 1m 1 - 3m 3 - 6m 6m - 1y 1 - 3y >3y Cumulative Positive Gap 76 191 504 1,024 1,460 1,780 Cumulative (%) 45
Slide 23: Profit & Loss Statement
Profit & Loss Statement Particulars (INR Mn) FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 Interest Earned 221 274 323 346 89 94 Interest Expended 69 72 65 53 17 10 Net Interest Income 152 202 258 293 72 84 Other Income 3 3 5 19 1 1 Operating expense 54 66 74 80 15 21 - Employee cost 29 32 38 41 9 10 - Deprec
Slide 24: Profit & Loss (Du-Pont Analysis)
Profit & Loss (Du-Pont Analysis) Particulars (DuPont on AUM) FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 NIM 14.0% 17.2% 20.0% 18.7% 20.4% 18.6% Other Income 0.2% 0.3% 0.4% 1.2% 0.0% 0.1% NIM + Other Income 14.2% 17.5% 20.4% 19.9% 20.4% 18.7% Cost/Income 34.7% 32.1% 28.3% 25.6% 20.9% 24.7% OpEx 4.9% 5.4% 5.
Slide 25: Outlook
Outlook uit] Feige os bigs Ge
Slide 26: Future Driving Forces
Future Driving Forces Growing 2-Wheeler Loan Market in India Acceleration to be Driven By… Value of Two-Wheeler Loan Market in India (bn USD) 14.6 6.4% CAGR Large Millennial and GenZ Base 3.5% CAGR 8.3 Increased Ownership of 2W Vehicles 7.2 Significant Shift in Borrowing Trends 2020 2024 2033E Risin
Slide 27: Huge Market Opportunity in Near Term
Huge Market Opportunity in Near Term Accelerating 2-Wheeler Demand in India Indian Two-Wheeler Market (mn units) Production-wise Domestic Market Share in FY25 (%) 16.3 86.4 3.3 3.4 18.0 19.6 77 Two Wheelers Three Wheelers FY24 FY25 FY32 Passenger Vehicles Commercial Vehicles ➢ In FY25, two-wheelers
Slide 28: We Are Well Capitalized to Capture the Surge in Demand
… We Are Well Capitalized to Capture the Surge in Demand Consolidated Networth (INR Mn) Capital Adequacy (%) 1,588 85.7 87.0 1,543 70.2 968 60.6 782 50.0 576 FY22 FY23 FY24 FY25 Q1 FY26 FY22 FY23 FY24 FY25 Q1 FY26 + + = Adequate cash Strong capital Significant Headroom 3x AUM in medium term position
Slide 29: Roadmap for Next 3 Years
To Achieve the Roadmap for Next 3 Years… 01 AUM 02 Branches 03 Product Mix 04 Borrowing 05 Geography Target to take AUM to Surpass 100 branches by Adding new products like To lower the cost of Plans to further expand INR 2,750 Mn by FY27 FY27 compared to the Used Tractor Loan, Salaried funds; increa
Slide 30: Key Management Personnel and Shareholding
Key Management Personnel and Shareholding
Slide 31: Experienced Management
Experienced Management Minesh M Doshi Vatsal M Doshi Jane Doe Managing Director Executive Director ❑ Founder and Promoter of the Shalibhadra Finance ❑ More than 7 years' experience in finance, marketing Limited. and operation of Vehicle financing ❑ More than 3 decades of experience in finance, and ❑
Slide 32: Shareholding Pattern
Shareholding Pattern Market Capitalization^ Rs 3,978 Mn | US$ 46.4 Mn Net Worth (Q1 FY26) Rs 1,588 Mn Paid-up Equity (Q1 FY26) Promoter Group Rs 309 Mn 44.5% 55.5% FV Rs 10 Others Dividend Per Share (FY25) Rs 0.40 ^Market capitalization on BSE as of 30th Jun’25 1 US$ = ₹ 85.70 31
Slide 33: Thank You
THANK YOU INVESTOR RELATIONS Ms. Darshana Chauhan Mr. Rajat Gupta Company Secretary Go India Advisors Email: shalibhadra_mum@yahoo.co.in Email: rajat@goindiaadvisors.com