Csl Finance Limited · NSE:CSLFINANCE
Csl Finance — Q1 FY26 Earnings Presentation
41 slides from Csl Finance's earnings presentation, Aug 12, 2025
Slide 1: Exchange filing cover letter for investor presentation
CIN: L74899DL1992PLC051462 August 12, 2025 National Stock Exchange of India BSE Limited Limited Corporate Relationship Department Exchange Plaza, C-1, Block-G, Bandra Phiroze, Jeejeebhoy Towers, Dalal Street, Kurla Complex, Bandra (E), Mumbai - Mumbai-400001 400051 BSE Scrip Code: 530067 NSE Symbol:
Slide 2: Q1FY26 Investor Presentation
Q1FY26 Investor Presentation August 2025
Slide 3: Quarterly Business Update
2 Quarterly Business Business Growth YoY Update Loan Book Size Asset Quality Asset Quality: Stage Analysis P&L Highlights Treasury Update Quarterly Financial Snapshot Operational Updates Lending Partners 5Y Financial Snapshot
Slide 4: Business Growth YoY
3 Business Growth YoY Assets Under Disbursement Collection Management Efficiency ₹1,065 Cr 22% ₹1,299 Cr ₹258 Cr 18% ₹305 Cr 99% Consistent 98% Performance Q1’25 Q1’26 Q1’25 Q1’26 Q1’25 Q1’26 NII PAT AUM Mix (SME Retail: Wholesale) 10% Shift ₹36.3 Cr 11% ₹40.3 Cr ₹18.5 Cr 15% ₹21.3 Cr 41:59 in Favou
Slide 5: Loan Book Size
4 Loan Book Size Disbursements Collections Loan Book Collection Efficiency (₹ crore) (₹ crore) (₹ crore) (%) 18% 6% 48% -3% 22% 9% YOY Change QOQ Change YOY Change QOQ Change YOY Change QOQ Change 232 236 229 50 225 305 38 294 286 49 98 98 98 98 98 280 42 1,249 59 258 1,157 1,100 155 1,006 1,041 Q1F
Slide 6: Asset Quality
5 Asset Quality Gross NPA Net NPA Provision Coverage Ratio Write-offs & Recoveries (%) (%) (%) (₹ crore) 11 BPS 10 BPS 16 BPS 8 BPS YOY Change QOQ Change YOY Change QOQ Change 0.56 0.42 0.54 300 3.4 0.46 0.34 3.1 0.45 262 256 0.32 2.7 0.38 224 0.26 201 0.23 1.6 1.5 0.9 1.0 0.9 0.6 0.0 Q1FY25 Q2FY25
Slide 7: Asset Quality: Stage Analysis
6 Asset Quality: Stage Analysis Classification of Assets Basis the ECL Computation as Per Ind-AS: (₹ crore) PARTICULARS Q1FY25 Q4FY25 Q1FY26 Gross Stage 3 (GNPA) 4.55 5.31 7.03 % portfolio in Stage 3 0.45% 0.46% 0.56% ECL provision Stage 3 1.97 1.33 1.76 Net Stage 3 2.58 3.99 5.27 ECL Provision % St
Slide 8: P&L Highlights
7 P&L Highlights Net Interest Income Total Income Profit After Tax Yields (₹ crore) (₹ crore) (₹ crore) (%) 11% 8% 16% 5% 15% 12% YOY Change QOQ Change YOY Change QOQ Change YOY Change QOQ Change 18.3 18.1 18.1 18.1 18.1 40.3 37.4 59.6 21.3 36.3 37.0 56.7 17.7 17.7 35.3 54.3 53.7 17.1 17.1 17.1 51.4
Slide 9: Treasury Update
8 Treasury Update 1 The Company has good 3 Credit Rating for the liquidity of ₹97.8 crore as Company has been Leverage Liquidity on 30th June 2025, with reaffirmed as A- | Stable (Ratio) (₹ crore) undrawn credit facilities from Acuite Ratings & of another ₹10.0 crore Research as on August 7, 2025 1.
Slide 10: Quarterly Financial Snapshot
9 Quarterly Financial Snapshot (₹ crore) PARTICULARS Q1FY25 Q4FY25 Q1FY26 Disbursements 258.34 286.37 304.90 Revenue 51.36 56.68 59.59 Interest Income 46.82 52.85 55.97 PBT 24.65 24.95 27.57 PAT 18.49 18.98 21.32 Bad debts written off 2.67 0.00 1.50 Bad debts recovered 0.58 1.01 0.94 Loans and Advan
Slide 11: Operational Updates
10 Operational Updates Loan Book Net Interest Income & Profitability The ESOP scheme aims to boost company growth, • AUM stood at ₹1,299 crore, up 22% YoY, • To resume growth in the SME Retail • Net Interest Income grew by 11% YoY and especially by expanding AUM in the SME Retail while the Loan Book
Slide 12: Lending Partners
11 Lending Partners Banks & SFBs NBFC Kotak Mahindra Investments Limited
Slide 13: 5Y Financial Snapshot
12 5Y Financial Snapshot (₹ crore) PARTICULARS FY21 FY22 FY23 FY24 FY25 Disbursements 433.32 491.10 758.72 1,052.04 1,118.74 Revenue 61.67 74.62 117.54 166.58 216.04 Interest Income 59.18 67.66 108.54 153.72 199.11 PBT 39.36 44.98 61.47 85.60 96.88 PAT 27.53 33.68 45.52 63.36 72.09 Bad debts written
Slide 14: About CSL Finance
13 About CSL Finance Introduction CSL’s Business Model Key Differentiators of CSL Business Verticals & Products SME Retail Wholesale
Slide 15: Introduction
14 Introduction CSL Finance Limited is a Non-Banking Finance 31% Company registered with the Reserve Bank of SME Retail India and listed on the NSE and BSE. The Company is a one-stop destination for Small and Medium-Sized Enterprises (SMEs) and real estate and non-real estate corporates to avail a v
Slide 16: CSL's Business Model
15 CSL’s Business Model Domain Expertise Focused Strategy Customer-Centric Build deep understanding Operate within circle of Prioritise customer of our markets, products, competence, and expand comfort, tailored products, and customers it over time swift disbursements, etc. 1 2 3 5 4 Healthy Busines
Slide 17: Key Differentiators of CSL
16 Key Differentiators of CSL 1 Target market: serving the unbanked & underserved Using alternative data instead 2 of conventional scorecards for Niche and focused real estate underwriting 1 wholesale book Swift disbursement & ease Focus on projects with decent SME Retail 3 of application 2 capital
Slide 18: Business Verticals & Products
17 Business Verticals & Products WS Large: Structured WS Small: WS Other Term Loan: SME Retail: Micro/Small Loans to SME Mid-Sized Lap: loans for Mid Income/ Construction loan Loan against SORP/SOCP Kirana Stores, Traders, Schools, and Loan against properties for Affordable Group given against singl
Slide 19: SME Retail
18 SME Retail Business Vertical Using alternative Target market: Swift loans Small & data instead of Unbanked & and ease of flexible ticket conventional underserved application sizes scorecards to underwrite loans Promoting Focused on Quality collateral Achieving efficiency financial inclusion secur
Slide 20: SME Retail (1/3)
19 SME Retail (1/3) Key Product Categories LAP- LAP- LAP- SENP SCHOOL SALARIED ₹7-50 Lakhs ₹7-50 Lakhs ₹2-50 Lakhs Loan Amount Loan Amount Loan Amount ROI between 16% to 22% Self-employed Schools (tier-2/3) Salaried individuals individuals with with collateral with collateral collateral
Slide 21: SME Retail (2/3)
20 SME Retail (2/3) Presence 13 29% Rajasthan 10 28% Gujarat 4 14% Punjab 7 12% Haryana 2 2% New Delhi 3 6% Uttarakhand 4 8% Uttar Pradesh 43 Total Branch Network Branch AUM DISTRIBUTION (in %) 26% Ageing 49% <1 year Clustered 26% 1-3 year Approach to expanding branch network, based on understanding
Slide 22: SME Retail (3/3)
21 SME Retail (3/3) SME Active Accounts Average Loan-to-value Average Ticket Size Average Tenure (#) (%) (₹ Lakh) (Year) 37 37 14 14 7 7 7 7 7 3,013 3,040 38 36 34 34 34 2,951 34 10 10 11 2,902 32 30 2,789 28 26 24 2 20 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q1FY25 Q2F
Slide 23: Digital-First Operating Model
22 Digital-First Operating Model End-to-End Digital-First Operating Model Digital Onboarding Digital Collections Key achievements of & Processing and Servicing current Tech Stack 100% paperless 99% collections digitally 24–48 hours average on boarding TAT reduction Servicing via: ~30 mins door-to-lo
Slide 24: Digital On-Boarding & Processing
23 Digital On-Boarding & Processing Fully digital, low touch Modular API first Multi-layered onboarding Architecture Verification End-to-end paperless Enables rapid scaling, ID, bank, geo- journey, drastically easy integration with location, criminal reducing turnaround third-party services, checks
Slide 25: Proprietary Applications
24 Proprietary Applications Collections Mobile Application Sales & Credit Mobility Application
Slide 26: Digital Collections & Servicing
25 Digital Collections & Servicing Real-Time EMI Collection & Settlement Digital Welcome Kit Cloud Telephony Enabled Call Centre SMS + UPI-based One-Click Repayment Links Digital Payment Collections, ~90% via: Auto Communication Engine via: Email, SMS | WhatsApp
Slide 27: Data Analytics & Other Capabilities
26 Data Analytics & Other Capabilities Real-time dashboard at multiple levels Constantly upgrading analytical BI Tool for more features Automating accounting entries from LMS Automating incentives: Using Kennect incentive solutions RegTech for RBI compliance and reporting (RBI mandates push for real
Slide 28: Wholesale
27 Wholesale Niche, focused, real estate wholesale book Robust Focused on collection secured lending framework Business Vertical book (100% of via escrow the book) accounts Strength in Built on in-depth affordable expertise of NCR housing and all its micro- segment markets
Slide 29: Wholesale (1/2): Robust Risk Management Framework
28 Wholesale (1/2) Robust Risk Management Framework Better Credit Customer Appraisal & Constant Selection: Excellent Monitoring Strong Screening Sourcing Presence in strategically selected Robust due diligence Dedicated, on-ground resourced micro-markets of NCR for asset monitoring Extensive credibi
Slide 30: Wholesale (2/2)
Wholesale (2/2) Active Accounts Average Loan-to-Value Average Ticket Size Average Tenure (#) (%) (₹ crore) (Year) 111 13 13 36 36 36 36 34 12 3 3 3 3 3 93 11 87 10 81 79 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY25 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY
Slide 31: Building for Leadership
30 Building for Leadership Building for Tomorrow Well Managed ALM Conservative Leverage Standards
Slide 32: Building a Legacy
31 Building a Legacy Professionals Governance Risk-management DNA Poised For Growth Professional Independent BOD Never grow at cost Multiple growth levers aligning: leadership & CXOs of risk-management 9 years of uninterrupted Self-sufficiency & growth of SME vertical Deep domain expertise & Dividen
Slide 33: Well Managed ALM
32 Well Managed ALM Cumulative Inflow - Outflow 68 42 37 13 365 449 0 (₹ Crore) 680 564 328 198 174 116 95 101 115 69 90 49 43 17 >1 month >2-3 month >3-6 month >6-12 months 1-3 Years 3-5 Years Over 5 Years Inflow (₹ Crore) Outflow (₹ Crore)
Slide 34: Conservative Leverage Standards
33 Conservative Leverage Standards CONSERVATIVE LEVERAGE THRESHOLD 6 0 1.5-2X in Wholesale & <4X in SME Retail 9 0 % Total Equity Leverage Ratio Capital Adequacy Ratio 8 0 % 73% 542 50 0 79% 65% 66% 70 % 64% 473 4 0 6 0 % 50% 51% 47% 50 % ₹54 362 Crore 320 30 0 Equity ₹48 4 0 % Fund raise Crore in F
Slide 35: Leadership
34 Leadership Board of Directors Management Team
Slide 36: Board of Directors
35 Board of Directors Rachita Gupta Ashok Kathuria Parmod Bindal Whole-time Director Director Independent Director Ms Rachita is a commerce graduate and has Mr Kathuria has been associated with the Mr Parmod Bindal has been a Chartered done her Masters of Business Finance from Company since its ince
Slide 37: Management Team
36 Management Team Work Experience Years at CSL Rohit Gupta Rachita Gupta Naresh Varshney Amit Kaul Chandan Kumar Atul Agrawal Ayussh Mittal Deepak Sood Managing Director Whole-time Director Chief Financial Chief Technology Head – President – President- Audit President – SME Officer Officer Strategy
Slide 38: Strategy
37 Strategy Strategic Priorities Key Takeaways
Slide 39: Strategic Priorities
38 Strategic Priorities Rationalisation of Optimising Branch Leveraging Technology Focusing on Core Leveraging Credit Portfolio Profitability to Strengthen Operations Competencies Rating Upgrade The Company is rationalising The Company is expanding The Company is enhancing The Company remains The Co
Slide 40: Key Takeaways
39 Key Takeaways Well Capitalised Geared for Growth Strong Risk Management DNA CSL is a well-capitalised With a significant headroom to The Company puts risk lender with a superior grow leverage ratio, and a management at the foremost. It also Capital Adequacy Ratio. conducive external follows conse
Slide 41: Safe Harbour
Safe Harbour This presentation may contain certain words or phrases that are forward - looking statements, which are tentative, based on current expectations and on certain assumptions of the management of CSL Finance Limited (“CSL”). Actual results may vary from the forward-looking statements conta