Tata Capital Ltd. · NSE:TATACAP
Tata Capital — Investor Presentation (July 2026)
40 slides from Tata Capital's investor presentation, Jul 3, 2026
Slide 1: Stock exchange intimation letter
July 03, 2026 To The Listing Department The Listing Department BSE Limited National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051 Scrip Code: 544574 Symbol: TATACAP Dear Sir/Madam, Sub:
Slide 2: Business Overview July 2026
™~ TATA CAPITAL Business Overview July 2026
Slide 3: Disclaimer (1/2)
Disclaimer (1/2) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. This presentation and the accompanying slides (the "presentation"
Slide 4: Disclaimer (2/2)
Disclaimer (2/2) not limited to, the International Financial Services Centers Authority (Listing) Regulations, 2024, as amended or the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015, as amended, under the terms of the listing agreement with any Indian stock
Slide 5: Presenters
Presenters Rajiv Sabharwal Rakesh Bhatia Kiran Joshi Rajesh Bhakade MD & CEO, TCL CFO, TCL Head – Treasury, TCL Sr. VP – Treasury, TCL 4
Slide 6: Index
Index 1 Company Overview 2 Business Overview 3 Liability & Asset Profile 4 Performance Update 5 Technological Capabilities 6 ESG Overview 7 Annexures 5
Slide 7: Company Overview
TATA CAPITAL Company Overview
Slide 8: About Tata Capital
About Tata Capital Group Tata Capital is an upper layer NBFC with a 100% owned housing finance subsidiary 85.4% Tata Sons: 78.8% ~$ 29.3bn Net AUM as of Mar 31, 2026 Retail & SME form ~86% of Net AUM Non-lending businesses 100% 100% 100% Distribution of Private Wealth Tata Capital Housing Tata Capit
Slide 9: Our Purpose – Responsible Financial Partner Fulfilling India's Aspirations
Our Purpose – Responsible Financial Partner Fulfilling India’s Aspirations Delivering Delight Lead with Trust We go above and beyond to care and make people We respect and reinforce the trust that is placed in happy; We deliver delight to all stakeholders. us. We are the partner the country can rely
Slide 10: Our Journey – Building a Diversified Retail and SME Focused Book
Our Journey – Building a Diversified Retail and SME Focused Book Net AUM ($ mn) Successfully listed on NSE and BSE in Oct-25 Crossed ₹ 1tn Crossed ₹ 2tn (>$21bn) mark in terms of loan (>$ 10bn) book Mr. Rajiv mark in terms TMFL merged into TCL Sabharwal took over as MD & of loan book CEO TCFSL and T
Slide 11: Our Key Strengths
Our Key Strengths 3rd largest diversified Prudent risk culture and NBFC in India with a strong underwriting comprehensive product driving stable asset suite quality Omni-channel Digital, GenAI, and “Phygital” model analytics at the core, powered by nationwide driving superior experiences network, pa
Slide 12: Distinguished Board
Distinguished Board Strong governance practices aimed at ensuring resilience Saurabh Agrawal Rajiv Sabharwal Sujit Kumar Varma Ramanathan Viswanathan Chairman & Non-Executive Director Managing Director & CEO Independent Director Independent Director Executive Director, Group CFO – Tata Sons Select p
Slide 13: Experienced Management Team
Experienced Management Team Dedicated management team instrumental in driving sustainable growth Rajiv Sabharwal Sarosh Amaria Neeraj Dhawan Narendra Kamath Vivek Chopra Abonty Banerjee Rakesh Bhatia Managing Director Managing Director - Chief Operating Officer - Chief Operating Officer - Chief Oper
Slide 14: Business Overview
Business Overview
Slide 15: Pan-India "Phygital" Distribution Model
Pan-India “Phygital” Distribution Model Jammu & Kashmir Branch network Chandigarh 1,477 Branches Himachal Pradesh # of branches Punjab 27 States and UTs Uttarakhand 4 1,074 Locations 2.7x Haryana Uttar Pradesh 1,477 Significant addition 2 5 19 Delhi 10 Bihar Leveraging geo-analytics to 34 17 539 ide
Slide 16: Product Offerings – Retail and SME Driven Growth
Product Offerings – Retail and SME Driven Growth Comprehensive product suite which helps manage risk across economic cycles Net AUM: $ 29,293 mn TCHFL - one of the Retail : SME : Corporate Corporate largest HFCs with best- Home loans 58.3% : 27.4% : 14.3% 14.3% 15.9% in-class return profile Loan aga
Slide 17: Business Segment Wise Net AUM
Business Segment Wise Net AUM Amount ($ mn) % Mix Particulars Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Home loans 4,039 4,225 4,342 4,501 4,670 16.6% 16.8% 16.8% 16.3% 15.9% Loan against property 3,013 3,271 3,547 3,824 4,100 12.4% 13.0% 13.8% 13.9% 14.0% Personal / Busi
Slide 18: Liability & Asset Profile
Liability & Asset Profile
Slide 19: Diversified & Stable Liability Profile
Diversified & Stable Liability Profile Highest possible domestic credit rating Int’l credit rating of BBB Access to diverse pool of domestic and AAA with stable outlook 1st USD bond issue in Jan’25 international lenders at competitive rates Diversified Funding Sources (Total Borrowings) $ Mn 7,374 7
Slide 20: Key Ratios
Key Ratios 6.8x 6.9x 6.8x 6.7x 6.6x 6.3x 6.1x 5.1x 5.3x 20.2% 19.0% 17.2% 16.7% 16.5% 16.8% 16.5% 16.4% 16.2% 16.8% 15.9% 15% 13.7% 12.7% 12.7% 11.9% 12.0% 12.0% 11.6% 4.9% 4.9% 4.3% 4.1% 4.1% 3.8% 3.6% 3.4% 3.1% Q4FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3FY26 Q4FY26 Total CRAR Tier-I
Slide 21: ALM Bucketing (TCL Standalone)
ALM Bucketing (TCL Standalone) Cumulative Inflows & Outflows 9% 9% 9% 10% 9% Chart Title 9% 9% (3)% 3% 0% 120% 100% 90% 100% 100% 100% 80% 81% 70% 77% 80% 72% 68% 60% 60% 50% 47% 40% 39% 40% 33% 30% 25% 24% 21% 20% 20% 15% 16% 11% 12% 10% 6% 10% 2% 3% 0% 0% 1 to 7 Days 8 to 14 Days 15 days to 1M 1 t
Slide 22: Performance Update
TATA CAPITAL Performance Update
Slide 23: Tata Capital Limited – Financial Performance Summary
Tata Capital Limited – Financial Performance Summary FY25 FY26 Particulars ($ million) FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 (ex-TMFL) (ex-TMFL) Assets under management (net) 6,284 7,893 7,934 7,811 9,544 12,355 16,679 20,806 24,347 26,611 29,293 Total Gross loans 6,386 8,025 8,142 8,069 9,85
Slide 24: Consolidated Financial Performance
Consolidated Financial Performance Particulars ($ million) Q1FY26 Q2FY26 Q3FY26 Q4FY26 QoQ growth FY25 FY26 YoY growth Assets under management (net) 25,092 25,767 27,542 29,293 6% 24,347 29,293 20% Total Gross loans 24,658 25,351 27,166 28,883 6% 23,935 28,883 21% Total Net loans 24,149 24,826 26,61
Slide 25: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars ($ million) Mar-25 Mar-26 Total Net Loans 23,449 28,335 Investments 1,042 1,005 Other financials assets 1,743 1,351 Total Assets 26,234 30,691 Total Borrowings 22,019 24,930 Other financials liabilities 600 784 Networth 3,491 4,845 Total Equity 3,300 4,718 Inst
Slide 26: Asset Quality Update
Asset Quality Update Gross Stage 3 Net Stage 3 Provision Coverage Particulars Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Home loans 0.6% 0.7% 0.7% 0.8% 0.7% 0.3% 0.3% 0.4% 0.4% 0.4% 51.2% 50.7% 50.0% 48.0% 49.1% Loan against property 1.5%
Slide 27: Technological Capabilities
Technological Capabilities
Slide 28: Digital First – Essence of Our Organization
Digital First – Essence of Our Organization 1 2 3 Digital DNA AI > Next Customer at the Core • Digital-first NBFC • Harnessing AI to reimagine finance • Every product design, experience, and • Technology at the core of how we and deliver superior customer promise is shaped around customers’ think, w
Slide 29: Digital DNA Driving Impact
Digital DNA Driving Impact Digitizing entire loan lifecycle to improve customer experience and create a seamless & efficient process Onboarding & Underwriting Collections Customer service cross-sales Statistical models for early API-enabled process flows Data integration Omnichannel customer service
Slide 30: An AI-First NBFC – Harnessing AI capability
An AI-First NBFC – Harnessing AI capability AI for Conversation AI for Document Intelligence AI for People Capability Unified voice hub powers sales, service & Vision AI – extract, process & refine data for AI ready culture - training the workforce collection conversations consistent decision-making
Slide 31: AI > Next – Building an AI-First NBFC (1/2)
AI > Next – Building an AI-First NBFC (1/2) AI in Marketing AI in Underwriting AI in Operations & Onboarding ➢ AI-generated creatives ➢ Smarter & faster underwriting assistance ➢ Document intelligence ➢ Multilingual AI interactions ➢ Insights to support credit decisions ➢ Automated AI workflows ➢ Im
Slide 32: AI > Next – Building an AI-First NBFC (2/2)
AI > Next – Building an AI-First NBFC (2/2) AI in Service AI in Collections ➢ AI agents managing outreach ➢ Scalable & intelligent customer service ➢ Streamlining recovery workflows & strengthening ➢ Agentic AI workflows for voice and email communication collection efficiency AI powered customer int
Slide 33: Digital First Approach – Customer-Centric and Experience-Driven
Digital First Approach – Customer-Centric and Experience-Driven 167+ Services Retail for Customer Portal Loan and Services for Wealth App 120+ Corporate Customer 25+ Journeys Product 25+ Suite Digital Customer friendly Personalized Digital onboarding journeys offerings self-servicing 32
Slide 34: ESG Overview
TATA CAPITAL ESG Overview
Slide 35: Tata Capital ESG Initiatives – Commitments (1/3)
Tata Capital ESG Initiatives – Commitments (1/3) Key Pillars of Sustainability Commitments Board Independence Leadership Commitments Ethical and Diversity toward Sustainability Framework Diverse Board, with five out of eight Strong leadership accountability through 100% of Employees trained in Tata
Slide 36: Tata Capital ESG Initiatives – Sustainability Indicators (2/3)
Tata Capital ESG Initiatives – Sustainability Indicators (2/3) A pioneer in Cleantech financing in the country, TCL has built a robust foundation to push the ESG agenda. Guided by our long term vision and unwavering commitment, we are embedding ESG considerations across our portfolio to power India’
Slide 37: Catalyzing Green Projects Through Cleantech Finance (3/3)
Catalyzing Green Projects Through Cleantech Finance (3/3) Financing green projects through Cleantech Finance In 2011, our erstwhile subsidiary TCCL(1) was set up by our Company and International Finance Corporation, with a primary focus on green and sustainable financing Cleantech Financing 600+ 30G
Slide 38: Awards and Recognition
Awards and Recognition Global Environment NBFC and Fintech Best BFSI Brand 2025 by Awarded ‘Customer ET Martech Awards 2025 Tata Innovista Award for Best Data Quality Award Award 2025 for the Excellence Awards 2026 ET Edge Centric Company of the for Innovative AI & our Gen AI-powered in the NBFC Con
Slide 39: Definition of Key Terms
Definition of Key Terms Term Definition Average cost of borrowings ratio Finance cost as a percentage of average total borrowings for the relevant fiscal / period. Computed from the standalone financial statements of the company, as tier I capital divided by total risk weighted assets, in accordance
Slide 40: Thank You
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