Indostar Capital Finance Limited · NSE:INDOSTAR
Indostar Capital Finance — Q1 FY2026 Earnings Presentation
30 slides from Indostar Capital Finance's earnings presentation, Aug 13, 2025
Slide 1: Exchange filing cover letter for investor presentation
ICFL/LS/00136/2025-26 August 13, 2025 BSE Limited National Stock Exchange of India Limited Listing Department, 1st Floor, Exchange Plaza, C-1, Block G, P J Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra, Mumbai - 400 001. (E), Mumbai – 400 051. Scrip Code: 541336 Symbol: INDOSTAR Sub.: Inv
Slide 2: IndoStar Capital Finance Investor Presentation August 2025
INDOSTAR CAPITAL FINANCE Investor Presentation August 2025
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by IndoStar Capital Finance Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 4: Company Overview
—wZ Company Overview INDOSTAR “Your Path To A Better Life’
Slide 5: Q1FY26 Performance highlights
Q1FY26 Performance highlights Size Distribution Profitability Liquidity profile Asset Quality 7,783 crs 451 535 crs* 3,795 4.04% AUM PAT Gross Stage 3 Number of Branches Net-worth On Book: 7,166 crs Off BooK: 617 crs Q1FY25 11 crs | Q4FY25 12 crs Q1FY25 4.97% | Q4FY25 4.52% Q1FY25 7,170 crs | Q4FY25
Slide 6: Retail Focused Lending
Retail Focused Lending Break-up of Asset Under Management (₹ crs)* Disbursements: Retail (₹ crs) 6,165 6,468 7,963 7,672 52 76 (1%) (1%) 5,221 509 475 54 873 (6%) (6%) (13%) 4,253 2,493 (40%) 7,401 7,120 5,167 5,594 (93%) (93%) (87%) 3,671 1,449 (60%) 14 858 27 1,435 831 FY23 FY24 FY25 Q1FY26 FY23 F
Slide 7: National Footprint Creating Runway for Growth
National Footprint Creating Runway for Growth No States 451 Branches Across 23 States 1 HIMACHAL PRADESH – 2 2 PUNJAB – 10 3 UTTARAKHAND – 9 2 438 441 446 451 10 419 4 HARYANA – 12 9 5 NEW DELHI – 1 6 UTTAR PRADESH- 33 9 7 RAJASTHAN – 31 31 33 1 18 8 GUJARAT – 28 9 MADHYA PRADESH – 35 35 12 29 28 Q1
Slide 8: Expected Credit Loss (ECL) Provisions
Expected Credit Loss (ECL) Provisions NPA trends (%) Particulars (₹ in crs) Q1 FY26 Q4 FY25 Q1 FY25 Gross stage 1 6,524 6,672 6,164 4.97% 4.97% 4.92% 4.52% Gross Stage 1 as % to Loan Asset 88.73% 89.39% 87.49% 4.04% ECL Provision Stage 1 74 76 81 2.71% 2.36% 2.50% 2.46% ECL Provision % Stage 1 1.13%
Slide 9: Diversified Borrowing Profile
Diversified Borrowing Profile Investor Category (%)* Instrument Category (%)* 6,217 7,253 6,996 6,934 6,860 6,217 7,253 6,996 6,934 6,860 6% 5% 2% 4% 3% 15% 21% 25% 24% 25% 39% 44% 39% 38% 35% 0% 7% 10% 9% 8% 4% 4% 4% 11% 8% 10% 7% 4% 11% 9% 52% 37% 33% 32% 35% 41% 43% 43% 32% 29% 15% 14% 15% 15% 18
Slide 10: Strong ALM profile with comfortable liquidity
Strong ALM profile with comfortable liquidity Structural liquidity Statement – Jun-25 Liquidity Buffer 13,258 ₹ Crores 12,683 1,076 11,709 Cumulative inflow Cumulative outflow Undrawn Line Limit 308 9,693 8,795 9,122 High-quality liquid assets for LCR 280 5,052 4,842 Unencumbered Fixed Deposits 60 3
Slide 11: Security Receipt
Security Receipt De-focused Product Vehicle Finance Total business An incremental provision of ₹255 crore on select Security Gross Investment as on June 30, 2025 Receipts were made during the Investment since inception 827 1,245 2,072 quarter where near term Redemption till date (337) (349) (686) re
Slide 12: Key Financial Metrics
Key Financial Metrics Net Interest Income (₹ crs) Yield on loans & NIMs (%) 182 181 16.2% 16.1% 16.5% 17.0% 16.8% 164 158 144 5.8% 5.2% 5.5% 5.9% 6.2% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Yield on loans NIMs Cost to Income (%) Opex (₹ crs) 88.1%* 112 129 121 119 139
Slide 13: Vehicle Finance
—wZ Vehicle Finance INDOSTAR “Your Path To A Better Life’
Slide 14: Overview of Vehicle Finance
Overview of Vehicle Finance Vehicle Financing AUM of ₹ 7,232 crs AUM: On-book:₹ 6,752 crs + Off-book ₹ 479 crs Disbursements in Q1FY26: ₹ 831 crs Disbursements Yield ~18.4% Used Vehicle Disbursement of 99% in Q1FY26 Presence across 23 States Product Coverage Includes: ▪ New and Used Commercial Vehic
Slide 15: Vehicle Finance: Key Operational Parameters
Vehicle Finance : Key Operational Parameters Disbursements (₹ crs) AUM (₹ crs) 5,167 7,401 7,232 4,253 5,594 3,671 1,435 831 FY23 FY24 FY25 Q1FY26 FY23 FY24 FY25 Q1FY26 Disbursement Mix (Product- Wise) (%) AUM Mix (Product –Wise) (%) 9% 9% 8% 11% 8% 6% 8% 12% 6% 18% 4% Q1FY26 June 2025 3% 14% 25% 20
Slide 16: Micro LAP
FPO Micro LAP —_ “Your ath to Better Ue
Slide 17: Overview of Micro LAP
Overview of Micro LAP ▪ Launched the Micro LAP (Loan Against Property) product as a strategic Salaried Self Employed risk diversification initiative for a company predominantly engaged in vehicle financing. Milk/Dairy Business, Tea/Food Stalls, Cash Salaried & Bank Target Customer Provision/stationa
Slide 18: Micro LAP: Key Operational Metrics
Micro LAP: Key Operational Metrics Disbursement (₹ crs) AUM (₹ crs) AUM Staging (%) 34 76 27 % 52 Stage 1 100% 16 Stage 2 0% 19 3 3 Stage 3 0% 0.2 0.2 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Average Ticket Size (₹ lakhs) Loan to Value (%) Number of Live Accounts 1,346 3
Slide 19: Financial Performance
—wZ Financial Performance INDOSTAR “Your Path To A Better Life’
Slide 20: ICF Standalone - Income Statement
ICF Standalone - Income Statement Particulars (₹ in crs) Q1 FY26 Q4 FY25 Q-o-Q Q1 FY25 Y-o-Y FY25 FY24 Y-o-Y Revenue from operations 343.5 372.5 306.5 1,403.9 1,104.2 Interest expenses 185.5 193.3 166.8 740.8 581.2 Net Interest Income 158.0 179.2 (11.8%) 139.7 13.1% 663.1 523.0 26.8% Other Income 0.
Slide 21: ICF Standalone - Balance Sheet
ICF Standalone - Balance Sheet Equity & Liabilities (₹ in crs) Jun’25 Mar’25 Jun’24 Assets (₹ in crs) Jun’25 Mar’25 Jun’24 Financial Liabilities Financial Assets Trade payables 0.0 0.1 4.9 Cash and cash equivalents 67.6 91.9 79.0 Bank balance other than cash & cash equivalent 324.8 325.6 287.5 Debt
Slide 22: Consolidated Income Statement incl. Discontinued Operations
Consolidated Income Statement incl. Discontinued Operations Particulars (₹ in crs) Q1 FY26 Q4 FY25 Q-o-Q Q1 FY25 Q-o-Q FY25 FY24 Y-o-Y Revenue from operations 343.5 372.6 306.6 1,404.2 1,102.9 Interest expenses 185.5 193.3 166.8 740.8 579.7 Net Interest Income from continuing operations 158.0 179.3
Slide 23: Consolidated Balance Sheet incl. Discontinued Operations
Consolidated Balance Sheet incl. Discontinued Operations Equity & Liabilities (₹ in crs) Jun’25 Mar’25* Jun’24 Assets (₹ in crs) Jun’25 Mar’25* Jun’24 Financial Liabilities Financial Assets Trade payables 0.0 0.1 4.9 Cash and cash equivalents 71.7 96.1 79.0 Debt Securities 4,028.3 3,792.2 3,588.9 Ba
Slide 24: Ownership Structure and Management Team
Ownership Structure and Management Team
Slide 25: Experienced Management Team - IndoStar
Experienced Management Team - IndoStar Randhir Singh Jayesh Jain Whole-Time Director and Executive Vice Chairman - ICF Chief Financial Officer - ICF o He is a seasoned financial leader with over 30 years of o He is a Chartered Accountant and has also completed certificate courses experience in Lendi
Slide 26: Esteemed Board of Directors
Esteemed Board of Directors Bobby Parikh Non-Executive Independent Director o He has nearly three decades of experience in financial services industry/reorganizations o His area of focus is providing tax and regulatory advice in relation to transactions and other forms of business reorganizations o
Slide 27: Esteemed Board of Directors
Esteemed Board of Directors Dhanpal Jhaveri Non–Executive Director o He has over two decades of experience in investments, strategy, M&A and investment banking. Currently, he is a Managing Partner at the Everstone Group o He holds a degree in Bachelor of Commerce from the University of Mumbai and an
Slide 28: Large Global Private Equity Parentage – June 25
Large Global Private Equity Parentage – June 25 Shareholding Pattern (As on June 2025) Shareholders (holding more than 1%) % Promoters 72.98 72.98% BCP V Multiple Holdings Pte Ltd (Brookfield) 55.96 IndoStar Capital 17.02 Domestic Institutional Investors 2.39 ICICI Prudential Life Insurance Company
Slide 29: Shareholder's return
Shareholder’s return Book value per share Earnings per share 39.3 259 252 228 233 222 13.8 5.3 3.9 0.8 FY23 FY24 FY25 Q1FY25 Q1FY26^ FY23 FY24 FY25 Q1FY25* Q1FY26* ^ after considering one-off gain on HFC sale and dilution impact of warrants issued to Brookfield & Florintree * Not annualised Without
Slide 30: Thank You
COMPANY “Your Path To A Better Life” Indostar Capital Finance Limited CIN: L65100MH2009PLC268160 Email: investor.relations@indostarcapital.com Website: www.indostarcapital.com INVESTOR RELATIONS ADVISORS Thank You MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG
IndoStar Capital Finance — Q1 FY2026 Earnings Presentation on 6ix