Au Small Finance Bank Limited · NSE:AUBANK
Au Small Finance Bank — Q3 FY2026 Earnings Presentation
56 slides from Au Small Finance Bank's earnings presentation, Jan 20, 2026
Slide 1: Exchange filing cover letter
Ref. No.: AUSFB/SEC/2025-26/391 Date: January 20, 2026 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai 400051, Mumbai 400001, Maharashtra. Maharashtra. NSE Symbol: AUBANK Scrip Co
Slide 2: Q3'FY26 Earnings presentation
Q3’FY26 Earnings presentation 20th January 2026
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by AU SMALL FINANCE BANK LIMITED (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by the Ban
Slide 4: Poised for Next Phase of Our Journey – All Dominos Are Aligning
Poised for Next Phase of Our Journey – All Dominos Are Aligning ❑ Supportive Regulatory policies & Improving Macro to support growth ▪ Accommodative monetary policy, easing interest rate cycle on the back of lower inflation and focus on rate transmission through liquidity and CRR cut ▪ Supportive re
Slide 5: Q3'FY26 - Delivered strong performance across parameters
Q3’FY26 - Delivered strong performance across parameters ❑ Implementation of GST cuts and festive season add momentum to underlying economy Operating ▪ Credit demand revival led by strong auto sales, consumer credit and pickup in MSME and commercial activity Environment ▪ Some economic uncertainty r
Slide 6: Q3'FY26 – Key Non-Financial highlights
Q3’FY26 – Key Non-Financial highlights ❑ Strengthening Governance ▪ Inducted three new Non-executive Independent Directors - Mr. N. S. Venkatesh, Mr. Satyajit Dwivedi and Mr. Phani Shankar ▪ Re-appointed Ms. Malini Thadani as Non-Executive Independent Director for a second 3-year term ❑ Succession P
Slide 7: Tech update: Engineering the Bank for scale, intelligence, and long-term sustainability
Tech update: Engineering the Bank for scale, intelligence, and long-term sustainability ❑ Over the past eight years, we have made sustained and strategic investments in our technology backbone ▪ Our tech stack today delivers ~99.9% uptime, automated Disaster Recovery, multi-cloud resilience whilst s
Slide 8: Tech update (contd.): AI-first transformation to drive efficiency
Tech update (contd.): AI-first transformation to drive efficiency ❑ Leveraging AI-first platforms to transform customer engagements and drive operational efficiency across the ecosystem: ▪ Non-linear, non-sequential workflow enabling flexibility across processes ▪ Language-agnostic, supporting 10+ r
Slide 9: Continue to scale with sustainability
Continue to scale with sustainability FY18 Dec’25 Customer Base 7.5 lacs 16.7 125 Lacs+ Employees 11,151 5.4 59,872 Touchpoints 474 5.8 2,726 Deposits ₹7,923 Cr 17.5 ₹1,38,415 Cr Gross Loan Portfolio ₹16,256 Cr 8.0 ₹1,29,898 Cr Total Assets ₹18,833 Cr 9.2 ₹1,74,052 Cr Shareholders Fund ₹2,281 Cr 8.4
Slide 10: Management Update
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 11: Operating & Financial Highlights
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 12: Performance summary (1/3)
Performance summary (1/3) Deposit and Liquidity - Q3’FY26 Deposits & Cost of Funds ₹1,38,415 Cr Total Deposits ❑ Total Deposits grew 23.3% YoY and 4.5% QoQ; CASA ratio remained stable at ~29% QoQ (₹1,12,260 Cr) ❑ CASA deposits grew 16% YoY led by Current deposits growth of 31% YoY and Savings deposi
Slide 13: Performance summary (2/3)
Performance summary (2/3) Advances and Asset Quality - Q3’FY26 Loan Portfolio Gross Loan ₹1,29,898 Cr Portfolio (₹1,08,921 Cr) ❑ Gross loan portfolio (GLP) excl unsecured businesses registered a 23.4% YoY and 6.1% QoQ growth ▪ Unsecured businesses (MFI, Credit Card, PL) have started to grow - up 1%
Slide 14: Performance summary (3/3)
Performance summary (3/3) Financial Performance - Q3’FY26 Earnings Net Interest ₹2,341 Cr ❑ NII grew by 16% YoY and 9% QoQ to ₹2,341 Cr (vs ₹2,023 Cr in Q3’FY25 and ₹2,144 Cr in Q2’FY26) Income (₹2,023 Cr) ❑ NIM, calculated on daily avg. of interest earning assets incl off book, improved by ~25bps t
Slide 15: 9M'FY26 – Key financial numbers
9M’FY26 – Key financial numbers ₹ in Crores Net Interest Income Other Income Total Income PAT 10% 6,530 27% 17% 13% 5,918 2,247 15,864 1,809 /1,824 Cr* 1,602 1,766 13,559 9M'FY25 9M'FY26 9M'FY25 9M'FY26 9M'FY25 9M'FY26 9M'FY25 9M'FY26 Yield on Advance Cost of Fund Net Interest Margin Cost to Income
Slide 16: Asset book snapshot
Asset book snapshot ₹ in Crores Q3’FY26 Q2’FY26 Q3’FY25 YoY Segments Gross GA Gross Gross GA Gross Gross GA Gross Growth Gross Off Gross Off Gross Off Loan Yield NPA Loan Yield NPA Loan Yield NPA (GLP) Advance Book Advance Book Advance Book Portfolio (%) (%) Portfolio (%) (%) Portfolio (%) (%) Retai
Slide 17: Credit cost summary - additional disclosure
Credit cost summary - additional disclosure Avg GLP mix Credit Cost Credit Cost Credit Cost Credit Cost Avg GLP mix Credit Cost Business segments 9M’FY26 9M’FY26 Q3’FY26 Q2’FY26 Q1’FY26 FY25 FY25 Retail Secured (Wheels, Mortgages, Gold) 67.5% 0.87% 0.27% 0.30% 0.30% 65.9% 0.95% Commercial Banking 20
Slide 18: MFI – additional disclosure
MFI – additional disclosure Gross loan portfolio Average outstanding exposure Non-OD collection efficiency ₹ in Crores Per borrower in ‘000 7,171 99.3% 6,670 30 98.7% 98.9% 6,232 6,174 6,322 28 98.5% 98.3% 26 27 25 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q3'FY26 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q3'FY26 Q3'FY
Slide 19: MFI – additional disclosure (cont'd)
MFI – additional disclosure (cont’d) Loan Portfolio GNPA % SMA % Non - OD CE % CGFMU Cover Dec’25 Vs Vs Vs Vs Vs Sep’25 6,174 Cr 4.3% 2.9% 98.9% ~69% ❑ Incremental sourcing from Jan’25 forms ~75% of the total MFI book and Non-OD Collection Efficiency (Non-OD CE) for this book is ~99.7% in Q3 ❑ ~48%
Slide 20: Universal Bank conversion – key benefits
Universal Bank conversion – key benefits First “in-principle” Universal Banking license since 2014 • No additional Opex to be incurred on Tech/People/Compliance • No conditions attached other than transfer of Promoter shares to an NOFHC (18 months time-period provided) Enhanced Brand & level playing
Slide 21: Liabilities Update
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 22: Profit & Loss statement
Profit & Loss statement (All Figures in ₹ Crores) 9M'FY26 9M'FY25 YoY Q3'FY26 Q3'FY25 YoY Q2'FY26 QoQ ❑ 25bps Margin expansion lead to NII growth Income of 9% QoQ and 16% YoY for the quarter Interest Earned 13,617 11,793 15% 4,727 4,113 15% 4,511 5% ❑ Opex growth in the quarter led by higher Interes
Slide 23: Other Income
Other Income (All Figures in ₹ Crores) 9M'FY26 9M'FY25 YoY Q3'FY26 Q3'FY25 YoY Q2'FY26 QoQ Loan Assets Processing & Other Fees 924 790 17% 342 288 19% 319 7% General Banking, Cross Sell & Deposits related fees 629 469 34% 249 155 61% 223 12% PSLC Fees 0 4 N.A 0 2 N.A 0 N.A Credit Card 177 292 -39% 6
Slide 24: Profitability ratios (Q3'FY26 and 9M'FY26)
Profitability ratios (Q3’FY26 and 9M’FY26) NII (%) Other Income (%) RoA Components 5.7% 5.9% 1.8% 1.7% 1.8% 1.8% 5.5% 5.3% Q3'FY25 Q3'FY26 9M'FY25 9M'FY26 Q3'FY25 Q3'FY26 9M'FY25 9M'FY26 Opex (%) PPoP (%) Provision & Contingencies (%) 4.3% 4.4% 3.4% 2.9% 3.3% 3.1% 1.4% 4.1% 4.1% 1.2% 1.1% 0.8% Q3'FY
Slide 25: Quarterly trends of key parameters (1 of 2)
Quarterly trends of key parameters (1 of 2) Net Interest Income Total Income PAT Gross Advance Yield ₹ in Crores 2,341 2,023 2,094 2,045 2,144 5,451 668 14.4% 14.4% 14.1% 13.9% 13.8% 4,732 5,031 5,189 5,224 581 561 528 504 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q3'FY26 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q3'FY
Slide 26: Quarterly trends of key parameters (2 of 2)
Quarterly trends of key parameters (2 of 2) ₹ in Crores Customers Employees Shareholders’ Funds Total B/S Assets (in Lacs) (in 000s) 1,74,052 125.0 57.8 59.9 18,316 19,085 1,65,542 111.7 113.4 115.8 120.6 50.9 53.2 16,602 17,166 17,800 1,60,813 49.1 1,57,846 1,43,044 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26
Slide 27: Balance sheet
Balance sheet (All Figures in ₹ Crores) 31st Dec'25 31st Dec'24 YoY 30th Sep'25 QoQ Liabilities Shareholders Fund 19,085 16,602 15% 18,316 4% Deposits 1,38,415 1,12,260 23% 1,32,509 4% Borrowings 12,022 9,988 20% 10,319 17% Other Liabilities and Provisions 4,530 4,195 8% 4,397 3% Total Liabilities 1
Slide 28: Diversified Advances & Deposit franchise
Diversified Advances & Deposit franchise Gross Loans Portfolio (GLP) Deposits Rajasthan 2% 2% 1% 1% 1% Rajasthan 2% 2% 3% Maharashtra 3% 2% Maharashtra 3% Madhya Pradesh 2% Delhi 3% 4% Gujarat Gujarat 22% 3% 25% Haryana Delhi 4% Punjab Haryana Madhya Pradesh Punjab 5% 0.6% 4% 0.6% Karnataka Telangan
Slide 29: Pan-India geographic presence
Pan-India geographic presence 21 States and 4 UTs 2,726 Touchpoints 499 Districts 742 ATMs 07 16 Unbanked 62 AU Asset + MFI Center 04 2,726 05 Touchpoints 47 690 1,174 862 69 114 Branches Asset Centres BO + BC + Unbanked Net 100 touchpoints 29 30 41 added in Q3’FY26 488 02 181 Region Touchpoints 287
Slide 30: Loan spreads
Loan spreads Gross Advance Spreads 14.4% 14.4% 14.1% 13.9% 13.8% 7.3% 7.2% 7.0% 7.1% 7.2% 7.1% 7.1% 7.1% 6.8% 6.6% Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q3'FY26 Gross Advance Yield Average COF Spread ❑ Spreads expanded during the quarter with deposit continuing to reprice ❑ NIM, calculated on daily avg. o
Slide 31: Growing distribution footprint
Growing distribution footprint Total unique Deposits Retail Assets Inclusive Banking touchpoints Product penetration Commercial (excl. Urban Swadesh As on Wheels MBL HL Gold Banking Agri SMF MFI BO/BC/Unbanked Banking banking Branches ) Mar’24 (Pre-merger) 727 315 176 546 532 287 353 483 79 - Mar’25
Slide 32: Assets Performance
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 33: Evolution of the Branch Banking charter
Evolution of the Branch Banking charter Bank’s Deposit Journey Current proposition 27% 37% 29% 29% CASA % 14% Complete Channels Branch Banking Complete product suite 67% 62% 60% 41% 44% • Urban Branches • Segmented CA and SA CASA + products (Ivy, Eternity, Retail TD % • Swadesh Banking Royale, Plati
Slide 34: Deposit book snapshot
Deposit book snapshot YoY QoQ % share as Liabilities (₹ Bn) Dec'25 Dec'24 Sep'25 Growth Growth on Dec'25 CASA 399.5 344.0 16.1% 389.6 2.5% 28.9% Current Balance (CA) 74.0 56.4 31.2% 75.6 -2.1% 5.3% Savings Balance (SA) 325.4 287.6 13.2% 314.0 3.6% 23.5% Term Deposits 927.0 733.6 26.4% 882.4 5.0% 67.
Slide 35: Focus on granular deposits and retail customer profile
Focus on granular deposits and retail customer profile Deposit Mix Deposit Customer Profile Total Deposits 1,123 1,243 1,277 1,325 1,384 TASC 4% 4% 5% 5% 5% Certificate of 45 48 52 53 58 6% 8% 7% 7% 9% Deposits 10% 11% 12% 11% 11% Govt ₹ in Billion 74 76 70 63 23% 24% 22% 24% 56 23% 314 325 Banks 29
Slide 36: Deepening engagement digitally via AU 0101
Deepening engagement digitally via AU 0101 8x growth on AU 0101 since launch Registered users 35.4 36.8 32 32.9 33.3 34.1 29.5 31.2 26.3 23.7 19.2 21.2 65% 36.8 Lacs 7.8 10.5 11.9 14.3 16.3 4.5 5.8 customers registered on registered users AU 0101 Jun'21 Sep'21 Dec'21 Mar'22 Jun'22 Sep'22 Dec'22 Mar'
Slide 37: Other cross sell products
Other cross sell products Wealth ❑ Introduced Mutual Fund transaction feature on WhatsApp channel for our wealth customers 2.5 Lac+ ₹1,890 Cr ❑ Dedicated Wealth Specialist for sophisticated Customers Total AUM Wealth customers ❑ IPO ASBA available across all digital channels accessed by customers of
Slide 38: Other Key Information
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 39: Well diversified, predominantly retail and secured asset book
Well diversified, predominantly retail and secured asset book Unsecured – 7.3% ₹1,29,898 Cr Total Loan Portfolio ❑ Disbursement mix of High RoA assets in Q3’FY26 Commercial Banking - stands at 86% - High RoA assets are defined as 21.4% Wheels – 33.6% per internal classification ❑ ~67% of the portfol
Slide 40: Retail secured assets – Vintage book with growth opportunity
Retail secured assets – Vintage book with growth opportunity Performance Retail Secured Assets (₹ Bn) ❑ Vintage Business with strong legacy, and best in class risk adjusted returns, through the cycles 878 ❑ ~25% CAGR growth over last 5 years with ~21% YoY growth for Dec’25 25% CAGR 21% 766 5-year gr
Slide 41: Commercial Banking – loan book and growth opportunity
Commercial Banking – loan book and growth opportunity Performance Commercial Banking (₹ Bn) ❑ Strong growth of 37% in last 5 years, albeit from a low base ❑ YoY growth of 27% as on Dec’25 with strong asset quality 286 Creating a well-crafted Right to Win 37% CAGR 246 27% 5-year growth ❑ Complete pro
Slide 42: Digital Unsecured loans
Digital Unsecured loans Credit Cards Personal Loans Cards In Force Portfolio Size Engagement Portfolio Size 9.52 lacs+ ₹2,200 Cr+ ~₹11,500 ₹3,250 Cr+ ₹630 Cr+ Cards Live Credit Card Receivables Avg. Spend per Card Spends in Q3’FY26 in Q3’FY26 Key initiatives Key initiatives 27% • Growing disbursemen
Slide 43: Asset quality - NPA movement
Asset quality - NPA movement ₹ in Crores NPA Movement Q3’FY26 Q3’FY25 Q2’FY26 Opening GNPA 2,835 1,902 2,751 Additions during the period* 791 956 908 Less: Recoveries & Write Offs during the period (746) (522) (824) Closing GNPA 2,881 2,336 2,835 NPA Summary Q3’FY26 Q3’FY25 Q2’FY26 Gross NPA 2,881 2
Slide 44: Asset quality - provisioning summary
Asset quality - provisioning summary ₹ in Crores Credit Cost Q3’FY26 Q3’FY25 Q2’FY26 9M’FY26 9M’FY25 Provision on NPA and Write off* 321 488 473 1,324 1,134 Repossession loss & POS loss 70 44 72 192 94 Standard & other provision 32 15 7 52 46 Covid restructuring provision (3) (5) (3) (10) (16) Conti
Slide 45: Overview of total provisions
Overview of total provisions ₹ in Crores Dec’25 Sep’25 Particulars Loan Loan Provisions Coverage Provisions Coverage Amount Amount GNPA 2,881 1,748 61% 2,835 1,779 63% Covid related restructuring (Standard*) 247 41 17% 263 43 17% Contingency provisions 17 17 Floating provisions 41 41 Stressed and co
Slide 46: Other Key Information
1 MANAGEMENT UPDATE 2 OPERATING & FINANCIAL HIGHLIGHTS 3 LIABILITIES UPDATE 4 ASSETS PERFORMANCE 5 OTHER KEY INFORMATION
Slide 47: Brand Campaign
Brand Campaign Campaign appeared 40cr+ times across media Data range – 5th Dec to 31st Dec 46
Slide 48: Full-suite of products with digital capabilities
Full-suite of products with digital capabilities Deposit Franchise Diversified Asset Products Third Party Products COMMERCIAL DEPOSITS RETAIL ASSETS INSURANCE WEALTH ASSETS Current Account Wheels Working Cap. Loans Life Mutual Fund Savings Account Micro Business Loan Business Loans Health ASBA/IPO T
Slide 49: Board of Directors
Board of Directors Mr. H R Khan Mr. J M Prasad Mr. Kamlesh Vikamsey Part time Chairman & Independent Independent Director Independent Director Director 30+ years of experience 42+ years of experience, 46+ years of experience Ex-Deputy Governor of RBI Senior Partner - KKC & Associates LLP Served on B
Slide 50: Sustainability Initiatives
Sustainability Initiatives Sustainable Finance Sustainability Conversations Opened 21,700+ Green Fixed Deposits Partnered with the Green Literature Festival to raising ~₹1,700 Cr+. 100% deployed in foster thought leadership and meaningful Green Assets primarily towards Renewable dialogue on sustaina
Slide 51: CSR Initiatives
CSR Initiatives AU Ignite AU Bano Champion Job oriented Skill Development Sports Initiative Till Q3’FY26, 33,000+ youth trained Active at 75+ locations across Rajasthan, in 15+ centers across 12 districts 6,000 kids & youths regularly trained across of Rajasthan. 24,000+ have been 7 sports disciplin
Slide 52: Financial & Digital Inclusion
Financial & Digital Inclusion Universal Access to Financial Services ➢ 33% of our total touchpoints/branches – 884 are in unbanked rural centres ➢ Present in 107 Special Focus Districts* with 616 touchpoints covering 48 Aspirational districts, 16 Hill States Districts, 42 Left Wing Extremist Affecte
Slide 53: Shareholding pattern
Shareholding pattern KMP, Director & their relatives (Excluding Independent Director) 1.8% Others Individuals 2.0% Domestic 5.0% Promoter & Promoter Group 22.8% Foreign holding 37% Domestic holding 63% Domestic Institution (Mutual Funds, Insurance, AIF 31.3% and Others) Foreign Holding 37.1% Note: %
Slide 54: Ratings
Ratings Credit Ratings ESG Ratings 16.6 (Low Risk) Long Term/ subordinated Debt/ AA/Stable CRISIL/ CARE/ ICRA (CSA) 41 Ratings Tier II Bonds Short Term A1+ CRISIL/ CARE/ AA India Ratings (Leader) 69 (Strong) 73 (Leader) 53
Slide 55: For further information about the bank - Scan to Download
For further information about the bank - Scan to Download Analyst day Sustainability Annual Report FY25 Report AU Insights presentation - Mar’24 54
Slide 56: For Investor queries contact
For Investor queries contact (details in QR Code): Mr. Prince Tiwari Email: investorrelations@aubank.in
AU Small Finance Bank — Q3 FY2026 Earnings Presentation on 6ix