Slide 1: Stock exchange cover letter for investor presentation
Date: 17th November, 2025 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
Slide 2: Investor Presentation Q2 FY26
Investor Presentation Q2 FY26 17th Nov 2025 1
Slide 3: Table of Contents
Table of Contents The Spice Bharat Stack 1 Digispice Technologies: Key Highlights 2 New Product Going in H2 3 Financial Highlights 4 Key Business Update 5 Key Services Update 6 Licenses and Partnerships 7 Road Ahead 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 rural Bharat Digitizing Payments in Cash First Markets in Bha
Slide 5: Digispice Technologies: At a Glance
Digispice Technologies: At a Glance 16.1 lakhs+ 2.54 lakh+ 2.7 Cr + 1,000+ Spice Money (Monthly) (as of 30th Sept) Registered Agents (#) Small Town coverage (#) Customers Served Employees (#) ₹32,270 Cr 18.49% 75 ₹11,505 Cr 22.9% Y-o-Y Market share 9% Y-o-Y 10 Enterprises Y-o-Y 30.2% Y-o-Y Enterpris
Slide 6: UPI Cash Point – Launched by Secretary, DFS at GFF 2025
UPI Cash Point – Launched by Secretary, DFS at GFF 2025 At the Global Fintech Fest 2025, the Secretary, Department of Financial Services, Ministry of Finance, Shri M. Nagaraju, IAS, unveiled UPI Cash Point, a pioneering feature enabling cash withdrawals at Business Correspondent (BC) outlets through
Slide 7: Robust Momentum with Margin led growth
Robust Momentum with Margin led growth Year ended Growth Growth YTD Growth Particulars (Rs. Crs) Q2FY25 Q1FY26 Q2FY26 FY25 Q-o-Q Y-o-Y Sept'24 Sept'25 Y-o-Y 1.Customer GTV 115,787 26258 32760 32270 -1% 23% 51,871 65,030 25.4% • Revenues: Customer GTV grew 23% YoY, with Revenue 448.5 108.9 123.8 124.
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) 2.54 L Small Towns 6,475 Blocks 12.3 lakh SMAs in Tier 4,5,6 Small Towns (Population <20K / Small Town) 1,580 1,608 1,549 1,506 1,429 1,464 1,392 1,244 1,006 576
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 19.0% 18.5% 178 18.3% 169.3 18.0% 5.1 17.3% 164.5 2.4 17.4% 17.4% 17.0% 10.7 2,689 0.7 9.7 17.0% 2,500 21.6 31.9 35.7 2,882 16.0% 23.7 20,968 32,535 49,244 15.0% 14.0%
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 4.12 3.98 4.51 374.1 20.00% 18.29% 18.49% 40 .0 76 .0% 315.4 328.0 17.35% 17.27% 73.9% 272.5 16.9
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 (%) Q2FY25 Q2FY26 43,162 Y-o-Y Q-o-Q 5% 10% 17% 16% 13% 30.2% -11.9% 27,682 19% 42% 20% 40% 13,062 18% 11,505 8,836 Cash Logistics (1) MFI (24) Cash Logistics (1) MFI (28) Logistics (4) NBFC (28) Lo
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 2,433 60.8% 12 0.0 70 .0% 58.8% 2,378 Y-O-Y Q-O-Q 97.1 99.0 56.8% 1,126 4,190 60 .0% 10 0.0 0.4% 4% 40.8% 2,231 50 .0% 1,030 80 .0 34.4% 40 .0% 2,194 60 .0 30 .0% 2,09
Slide 13: Key Services Update- Current Account – Savings Account (CASA) (Lifetime)
Key Services Update- Current Account – Savings Account (CASA) (Lifetime) Total Accounts(CA/SA) 1,322,755 SMAs opening 5+ Accounts (Nos.) Total Float (in ₹ Crs) 74,996 245 1,140,594 1,005,419 71,926 34,962 221 68,133 32,502 210 29,626 636,910 53,732 1,247,759 27,100 180 375,116 1,068,668 937,286 38,9
Slide 14: Key Services Update- Credit Distribution Business
Key Services Update- Credit Distribution Business No. of Secured & Unsecured Loans Disbursed (in ‘000) Value of Secured & Unsecured Loans Disbursed (in ₹ Crs) 70 47.4 11.5 5.8 6.0 102 69.6 110.3 176.2 253 Secured Loan Secured Loan 14.1 20.4 72.1 16.9 3.4 3.2 Y-o-Y Y-o-Y 41.9 10.3 2.3x 3x 69.0 88.8 9
Slide 15: 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 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: 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 16