Finbud Financial Services Limited · NSE:FINBUD

Finbud Financial Services — Investor Presentation (May 2026)

30 slides from Finbud Financial Services's investor presentation, May 27, 2026

  1. Slide 1: Investor Presentation filing letter to NSE

    0 FINBUD FINANCIAL SERVICES LIMITED v #10, 15t Floor, 9th Cross, éth main, Jeevan Bheema Nagar, HAL 3rd Stage, Bangalore - 560 075 +91-080-40904156 www financebuddha.com Email: Info@financebuddha.com FINANCE BUDDHA CIN # U67190KA2012PLC064767 GST# 29AACCF0339C1Z1 To, May 27, 2026 Listing Compliance

  2. Slide 2: An integrated retail-credit franchise, compounding at every layer

    FINANCE BUDDHA - CONFIDENTIAL FY26 - ANNUAL INVESTOR UPDATE INVESTOR UPDATE — FY26 An integrated retail-credit franchise, compounding at every layer. Distribution x Data x Digital x Lending— multiple businesses, one platform.. FINANCE BUDDHA GROUP FINBUD - ZAP - EQUALL

  3. Slide 3: FinBud is the only player in Indian retail credit operating across the full stack

    FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING FinBud is the only player in Indian retail credit operating across the full stack — offline distribution, data, digital origination, and now lending— and each layer compounds the next. 01 02 03 04 OFFLINE DATA DIGITAL - ZAP LENDING - EQUAL

  4. Slide 4: FY26 in review, and the road to FY30

    FROM THE PROMOTERS FY26 in review, and the road to FY3o0. ® A landmark year - IPO + Robust revenue and Margin growth +Crossed 10,000+cr in disbursal (Agent: 8500+cr, Digital: 1700 cr) ® New categories added + New geographies entered ® Group restructure completed + RBI approval for MD&CEO appointment

  5. Slide 5: Agent Marketplace is our positive-CAC and data engine

    j 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING PRI CIIRGR Agent Marketplace is our positive-CAC and data engine. The franchise that built FinBud — self-sustaining, cash-generative — contributes 86% of group revenue and remains a top-5 retail-credit aggregator in India. HOW THE AGENT BUSINESS WORKS

  6. Slide 6: Data is our biggest moat and this will create our flywheel

    01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING ELRECERELR S Data is our biggest moat and this will create our flywheel... Distribution built the customer base >> Data turns that base into the lever for every future expansion>> Zap, Equall and what comes after. 01 02 03 04 Agents source Data accumulat

  7. Slide 7: Zap - Built on the Data Engine

    THE DIGITAL BUSINESS - ZAP 01 DISTRIBUTION 02 DATA ® 03 DIGITAL 04 MANUFACTURING 7 AP - Built on the Data Engine Finbud Digital Entity —Unlocking power of data to create sharper targeting , efficiencies in channels for wallet share and adjacent products Science based targeting Improving Repeat New c

  8. Slide 8: Finbud Digital - Built on the data engine, now ring-fenced as Zap

    FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Finbud Digital - Built on the data engine — now ring-fenced as Zap. Data unlocked digital. Zap set up as a separate entity with dedicated leadership — and a founder running i. THE CONSUMER APP — LIVE LEADERSHIP < Back & Finance Buddha Part

  9. Slide 9: Operators who have built and scaled before

    ZAP - LEADERSHIP FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Operators who have built and scaled before. <@\) Par th P(lna’c’ g Arunabh Parihar AN Co-founder, Finance Buddhba- 100% on Zap Product- Growth N / — 18+ yrs - founding member super.money (Lending, credit cards & UPI). 20+

  10. Slide 10: Every basis point of market share is a multi-hundred-crore upside

    ZAP - OPPORTUNITY .The Prize is BIG 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Every basis point of market share is a multi-hundred-crore upsidc. TAM I10O0% India PL disbursal — %11.44 L cr disbursed ’FY26. 4 L cr. DIGITAL TAM 3Si India Digital PL disbursal —J4 L cr. SAM {1,18‘2 cr ~26% Already i

  11. Slide 11: Four levers, one engine

    ZAP - GROWTH STRATEGY FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Four levers, one engine. Each lever lifts revenue and margin together; together they take Zap from X41 cr in FY 26 to X300 cr by FY30. 01 - MARKET SHARE 02 - WALLET SHARE Brafld . targeting . fOCUS ca ECgOTl.CS. Repeat

  12. Slide 12: Market share and wallet share — compounding together

    ZAP - LEVERS FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Market share and wallet share — compounding together. 01 - MARKET SHARE 02 - WALLET SHARE Brand - Targeting - Focus Categories Repeats - Lender coverage - Retention Data-science-led propensity targeting and lifecycle CRM — bui

  13. Slide 13: New Categories and the macro tailwind

    ZAP - LEVERS FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING New Categories and the macro tailwind — both already with us. 03 - NEW CATEGORY 04 - TECHNOLOGY ADOPTION - MACRO Digital PL is the fastest-growing slice. The flywheel ports — and it scales fast >> Gold Loans! EXPERIAN Fastest-

  14. Slide 14: Zap, FY30: 7x topline, 13x bottom-line

    ZAP - FY30 targets 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Zap, FY30: 7x topline, 13x bottom-line. A digital-aggregation business @scale — leveraging data engine, expansion into new segments and category leaders in online loan aggregation. INPUTS - THE FOUR LEVERS TODAY > FY30 Today FY30 REVEN

  15. Slide 15: The market is converging, and we are already there

    MARKET STRUCTURE- WHY NOW? FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING The market is converging, and we are already there. Offline players are going online; digital marketplaces are adding feet-on-street. We have been at the intersection from day one — with lending now stacked on to

  16. Slide 16: Introducing Equall

    EQUALL FINANCE BUDDHA 01 DISTRIBUTION g 62 DATA g 03 DIGITAL g 04 LENDING Introducing Equall. A FinBud Group company — lending against pre-selected, positively-selected risk inside our own funnel. RBI approved. Operations live. RBI v Live X er 32500+ cr APPROVAL RECEIVED PERSONAL LOAN - IN MARKET FI

  17. Slide 17: Equall starts with distribution and data — not capital

    EQUALL - THE STRUCTURAL ADVANTAGE FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Equall starts with distribution and data — not capical. e Efficient acquisition, better risk, faster scale than a standalone NBFC. ® Lends against pre-selected, positively-selected risk inside our own funn

  18. Slide 18: The distribution to lending inspiration — the AU Bank playbook

    EQUALL - LEVERAGING THE DISTRIBUTION ADVANTAGE FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING The distribution to lending inspiration — the AU Bank playbook. e AU Small Finance Bank started with Auto Loan distribution, moved to NBFC and now a full fledged Bank e We are running a simila

  19. Slide 19: A mid-income lifecycle lender — built on owned distribution

    EQUALL - LENDING THESIS FINANCE BUDDHA 1 DISTRIBUTION 82 DATA 3 DIGITAL 04 LENDING A mid-income lifecycle lender — built on owned distribution. We are not building a single product NBFC. Equall is a focused, mid-income retail-credit franchise — lending to the same customers our funnel sources, acros

  20. Slide 20: Deep tech & data-led, end-to-end lending stack

    EQUALL - TECH & PRODUCT FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Deep tech & data-led, end-to-end lending stack. Real-time, data-led processes — automation across the value chain. Live product from Equall’s lending platform. ORIGINATION - SERVICING — LIVE PRODUCT COLLECTIONS - FI

  21. Slide 21: RBI-approved, Industry-veteran-led

    EQUALL - LEADERSHIP 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING RBI-approved, Industry-veteran-led. 7] RBI APPROVAL /| RECEIVED Ajay Vikram Singh confirmed as CEO of Equall by the regulator. MD & CEO sp CTO .. HEAD OF RISK AS Ajay Vikram Singh Setu Poddar Santosh Goteti Lending stack - Data Risk -

  22. Slide 22: Equall, live and on the meter

    EQUALL - STATE OF Play (01 Apr 2026) FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING Equall, live and on the meter. Product is live, first term loan approved, traction building inside an externally-validated underwriting framework. WHAT'S LIVE DEBT RAISE TRACTION - 30/90 DAYS EARLY QUAL

  23. Slide 23: Three thresholds crossed — compounding now will be non linear

    WHY NOW- THE THREE THRESHOLDS FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING FOR THE FIRST TIME Three thresholds crossed — compounding now will be non linear. For the first time in FinBud Group's history, all three layers above the agent business are operating at scale together — and r

  24. Slide 24: ₹1,000+ cr of integrated loan-aggregation revenue + Equall

    THE INTEGRATED PICTURE .VISION FY30 FINANCE BUDDHA 01 DISTRIBUTION 02 DATA 03 DIGITAL 04 LENDING R1,000+ cr of integrated loan-aggregation revenue + EQUALL. Distribution x Digital x Lending — Sum of Parts Strategy to play out to create a massively valuable consolidated franchise . Zap at Digital Agg

  25. Slide 25: Annexure - Financial Statements FY26

    NNNNNNNNNNNNN Annexure- Financial Statements FY 26 NNNNNNNNNNNNNNNNNNNNNNNNNN

  26. Slide 26: Consolidated Profit & Loss — FY26 - Audited

    Consolidated Profit & Loss — FY26 - Audited Particulars (Rs Mn) FY26 FY25 9% Change Revenue From Operations 316.1 2233 Other Income 1.8 0.2 Total Income 317.9 223.5 42.2% Employee Benefit Expenses 28.7 22.5 Other Expenses 269.2 186.2 EBITDA 19.9 14.8 34.6% EBITDA Margin 6.3% 6.6% Depreciation and Am

  27. Slide 27: Consolidated Balance Sheet

    Consolidated Balance Sheet in Crores EQUITY AND LIABILITIES ASSETS Particulars March,2026 March,2025 Particulars March,2026 March,2025 1. Shareholders’ Funds 1. Non-current Assets Share Capital 26.1 14.0 (a) Share Capt (a) Property, Plant & Equipment 4.70 2.82 (b) Reserves and Surplus 96.4 22.1 (b)

  28. Slide 28: Summary Of Financial Information

    Summary Of Financial Information Consolidated Profit and Loss in Crores Particulars March,2026 March,2025 March,2024 Revenue from Operations 316.1 223.3 190.2 Other Income 1.8 0.2 0.0 Total Income 317.9 223.5 190.3 Expenses Employee Benefit Expenses 28.7 22.5 18.2 Finance Costs 2.5 1.3 1.2 Depreciat

  29. Slide 29: Consolidated Cash Flow

    Consolidated Cash Flow in Crores Particulars March,2026 March,2025 March,2024 CASH FLOW STATEMENT Net Cash (Used in)/Generated from Operating Activities -12.71 -13.41 -2.09 Net Cash (Used in)/Generated from Investing Activities -2.19 -1.46 -1.66 Net Cash (Used in)/Generated from Financing Activities

  30. Slide 30: Questions Welcome

    §END - Q & A FINANCE BUDDHA ® 01 PpDISTRIBUTION ® Q2 DATA ® 03 DIGITAL ® 04 MANUFACTURING THANK YOU Building India’s Integrated Retail Credit Powerhouse Questions Welcome Multiple businesses, one engine. Distribution x Data x Digital x Lending — and the loop between them. Reach out to:- Raashi Khatr

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