Iifl Capital Services Ltd · NSE:IIFLCAPS
Iifl Capital Services — Q3 FY26 Earnings Presentation
25 slides from Iifl Capital Services's earnings presentation, Feb 10, 2026
Slide 1: Exchange filing cover letter
February 10, 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Mumbai 400 001 Bandra (E), Mumbai 400 051 Tel No.: 2
Slide 2: Investor Presentation for the quarter ended December 31, 2025
Investor Presentation For the quarter ended December 31, 2025 NSE: IIFLCAPS | BSE: 542773 1
Slide 3: Table of Contents
TABLE OF CONTENTS About IIFL Capital Services 3–7 Key Business Segments 8 – 16 Financials 17 – 19 Other Corporate Updates 20 – 23 2
Slide 4: 1. About IIFL Capital
1. ABOUT IIFL CAPITAL 3
Slide 5: Our Journey Today
OUR JOURNEY TODAY 2019 Re-branded as IIFL ET Now and Broadcast Capital One recognized, IIFL Started Probity Research and Services Ltd, 2016 Group as “Disruptors in Financial Services Client-centric Wealth doing equity research Internet trading Best Technological Management leveraging space” started
Slide 6: Q3 FY26 Performance Snapshot
PERFORMANCE SNAPSHOT Q3 FY26 ₹ 2,606 Bn ₹ 3,147 Bn ₹ 5,856 Mn ₹ 1,873 Mn ₹ 30.3 Bn 6 % y-o-y 13 % y-o-y 1 % y-o-y 5 % y-o-y 24 % y-o-y Asset Under Management Average Daily Operating Turnover Revenue PAT [ TCI ] Net Worth & Custody ₹ 16.4 Bn ₹ 483 Bn 4.3 rating 3,100+ 12 43 % y-o-y 59 % y-o-y Number
Slide 7: A Leading Full Service Financial Services Player in the Industry
ADVANTAGE IIFL A LEADING FULL SERVICE FINANCIAL SERVICES PLAYER IN THE INDUSTRY Large, Financially Wide Distribution Market Leading Research Strong Player Network Capabilities Assets Under Management and Custody 3,100+ External Wealth Managers Team of 49 Ranked Members of INR 2,606 Bn and 100+ branc
Slide 8: The Power of Synergy
A HOLISTIC APPROACH THE POWER OF SYNERGY Reputation & Franchise Client Relationship • Multi-service offering to same • Stronger overall brand Private Client clients deepen wallet share Group Cost Deal Origination & Cross-Selling • Better economies of scale Institutional Investment • Private Clients
Slide 9: 2. Key Business Segments: Institutional Equities & Investment Banking
2. KEY BUSINESS SEGMENTS I. INSTITUTIONAL EQUITIES & INVESTMENT BANKING 8
Slide 10: Institutional Equities: Market Leading Practice
INSTITUTIONAL EQUITIES MARKET LEADING PRACTICE Stocks under research Experienced team coverage accounting for over Empanelled 1,000 + Clients 128 Across sales, research & 315 72% of India’s market trading capitalization Institutional Equities & Investment Banking Revenue (₹ Mn) • Among the top franc
Slide 11: IIFL Research: Strong Bottom-up Coverages
IIFL RESEARCH STRONG BOTTOM-UP COVERAGES Sector-wise break up of stocks under coverage (in Nos) Market cap break up of stocks under coverage Pharma & Healthcare IIFL Market cap bracket Research 14 Banking & Fin Universe 15 33 Auto Above US$ 10 Bn 95 16 Capital Goods Between US$ 5 Bn and US$ 10 Bn 46
Slide 12: Leading Investment Banking Franchise
LEADING INVESTMENT BANKING FRANCHISE IIFL continues to lead the league tables and is ranked #1 in terms of number of IPOs completed in CY2025 (1) IIFL delivered strong performance in Q3 FY 26 in the investment banking division. • Completed 12 transactions in the last quarter across capital markets a
Slide 13: 2. Key Business Segments: Non-Institutional Business
2. KEY BUSINESS SEGMENTS II. NON-INSTITUTIONAL BUSINESS 12
Slide 14: Wealth Management: Core Ingredients for Success in Place
WEALTH MANAGEMENT CORE INGREDIENTS FOR SUCCESS IN PLACE Deep client engagement with a wide Senior experienced hires made Strong core capabilities network of 470+ Relationship Managers to set up HNI / UHNI wealth and in execution & 3,100+ External Wealth Managers asset management platform Market lead
Slide 15: A Full Suite Investment Offering
WEALTH MANAGEMENT A FULL SUITE INVESTMENT OFFERING Client Focused Open Wide range Tax Multi-product Consolidated Portfolio Platform of products Advisory research Reporting and Review Architecture Investment / Risk Management Solutions Strategic Allied Services INVESTMENT • Mutual Funds • Health Insu
Slide 16: Key Business Metrics: Equity and Distribution Assets
KEY BUSINESS METRICS Equity Assets (DP Assets) (₹ Bn) Distribution Assets (₹ Bn) Distribution Assets ₹ 483 billion 54% 170 196 261 313 483 12% 2,123 Mutual Fund Fixed Income 41% 1,892 33% 1,622 38% 35% 34% 40% 39% Distribution 1,135 Assets break-up 1,050 December 31, 2025 62% 65% 66% 60% 61% PMS 10%
Slide 17: Key Business Metrics: Retail Equities, MF AUM, MTF Book
KEY BUSINESS METRICS Retail Equities Revenue (₹ Mn) 17% Mutual Fund AUM (₹ Bn) 9% 6,797 7,740 11,157 12,325 9,873 8,231 198.7 182.7 13% 13% 13% 13% 13% 12% 143.0 26% 26% 29% 34% 33% 39% 108.0 71.3 68.5 60% 61% 58% 53% 54% 49% FY22 FY23 FY24 FY25 9MFY25 9MFY26 FY22 FY23 FY24 FY25 Q2FY26 Q3FY26 Allied
Slide 18: 3. Financials
WEL CAPITAL 3. FINANCIALS
Slide 19: Financial Results
FINANCIAL RESULTS ₹ Mn Q3FY26 Q2FY26 Q-o-Q Q3FY25 Y-o-Y 9MFY26 9MFY25 Y-o-Y Revenue Break up Retail Equities 2,885 2,711 6% 2,989 (3%) 8,231 9,873 (17%) Institutional Equities and Investment Banking 1,600 1,860 (14%) 1,710 (6%) 5,496 5,426 1% Financial Product Distribution 1,337 1,300 3% 1,070 25% 4
Slide 20: Financials - Consistent Performance
FINANCIALS - CONSISTENT PERFORMANCE Total Revenue (₹ Mn) Profit After Tax (TCI) (₹ Mn) Return on Equity (%) 2% 23% 25,674 7,108 33% 33% 22,313 29% 19,940 19,483 5,835 5,121 4,468 20% 20% 13,164 13,704 3,057 2,480 FY22 FY23 FY24 FY25 9MFY25 9MFY26 FY22 FY23 FY24 FY25 9MFY25 9MFY26 FY22 FY23 FY24 FY25
Slide 21: 4. Other Corporate Updates
4. OTHER CORPORATE UPDATES 20
Slide 22: Independent and Illustrious Board
GOVERNED BY INDEPENDENT AND ILLUSTRIOUS BOARD Rekha Warriar R Venkataraman V. Krishnan Chairperson & Independent Director Managing Director Independent Director Masters - Applied Mathematics PGDM-IIM Bangalore, Cost Accountant, LLB (Mumbai) & Public Policy (Princeton) BE – IIT, Kharagpur Over 3 deca
Slide 23: Our ESG Strong Focus and Commitment
OUR ESG STRONG FOCUS AND COMMITMENT "ESG rating assigned by CRISIL to IIFL Capital Services Limited in “STRONG” category" Hosted ESG profile platform on the website, which aligns with various ESG frameworks operating globally such as IFC, GRI, SASB, CDP etc. ENVIRONMENTAL Aa SOCIAL aa a aGOVERNANCE
Slide 24: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY Donation of Construction Support – Training in Beauty & Sakhiyon ki Baadi 2 School Buses Government School Wellness for Youths Rajasthan • IIFL Foundation donated 2 • A construction project at • A skill development training for • IIFL Foundation’s flagship school buse
Slide 25: Thank you!
Thank you! Published in February 2026 IIFL Capital Services Ltd Email: investor.relations@iiflcapital.com | Website: https://www.iiflcapital.com This report is for information purposes only and does not construe to be any IIFL CAPS and its subsidiaries or associates or employees shall not be in any
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