Annual Report of the Company for the financial year ended March 31, 2026

EW/Sec/2026-27/266 September 3, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (E), Fort, Mumbai – 400 051. Mumbai – 400 001. Scrip Code: - 532922 Symbol: – EDELWEISS Dear Sir/Madam, Sub: Annual Report for the financial year ended March 31, 2026 In accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the financial year ended March 31, 2026 including the Notice (Annual Report) convening the 31st Annual General Meeting (AGM) of the Members of the Company to be held on Monday, September 28, 2026 at 4.00 P.M. through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”). The Annual Report is also available on the website of the Company at www.edelweissfin.com and on the website of National Securities Depository Limited, the electronic service provider at www.evoting.nsdl.com. Further, in accordance with the applicable circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India from time to time, the Annual Report along with Notice of the AGM for the financial year ended March 31, 2026, sent through electronic mode to those Members of the Company whose e-mail addresses are registered with the Company/Depositories/Registrar and Share Transfer Agent. Kindly take the same on record. Thanking you, Yours faithfully, For Edelweiss Financial Services Limited Tarun Khurana Company Secretary Encl.: as above Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 Registered Office: Edelweiss House, off. C.S.T. Road, Kalina, Mumbai - 400 098 Tel No.: +91 22 40795199 Email: cs@edelweissfin.com Website: www.edelweissfin.com Registered Office: Edelweiss Financial Services Limited Edelweiss House, Off CST Road, Kalina, Mumbai - 400 098, Maharashtra, India CIN: L99999MH1995PLC094641 Email: efsl.shareholders@edelweissfin.com Tel: 022 4079 5199 www.edelweissfin.com EdelweissFin Company/EdelweissFin ANNUAL REPORT 2 0 2 5 - 2 6 Mindset Systematic. Intentional. Patient. ANNUAL REPORT SIP isn’t a Sprint. It is a Marathon. Edelweiss Financial Services Limited Annual Report Corporate Overview 2025-26 Index The world celebrates the finish line. We celebrate every step before it. Theme Note 02 EdelGive Foundation 91 An SIP is not a transaction. It is a declaration that you believe Intentional, because every step must mean something. FY26 Highlights 03 Board of Directors 109 in the compounding power of showing up, again and again, in Patient, because compounding rewards those who wait. the face of uncertainty, distraction, and the temptation to stop. This Annual Report is not a victory lap. It is a testament to the Awards 112 Our Board 07 The greatest things in the world are never built in a burst. process, to the unglamorous, disciplined, deeply purposeful Company Information 114 They are built in installments. act of preparation. At Edelweiss, we don't just manage wealth. Our Guiding Principles 09 We practice endurance. We keep at it. Board's Report 115 A soldier does not become battle-ready the moment he Our Diversified Business Model 13 puts on his uniform. He earns it through countless cold mornings Every section of this report is framed through a different Our Governance 25 Management Discussion & Analysis 123 of training. A surgeon's hands do not steady themselves in the human expression of endurance, drawn from worlds that have operation theatre. They are trained through years of quiet, nothing to do with finance, yet everything to do with how Our Customer Experience 29 Corporate Governance Report 166 repeated practice. An orchestra performs as one because every lasting things are made. individual listens as much as they play.This is the spirit of SIP. Consolidated Financial Statements 214 Our People 33 Systematic, because randomness erodes. Standalone Financial Statements 392 Our Technology 41 Notice 489 Letter from our Chairman 45 Sustainability Overview 59 01 02 Edelweiss Financial Services Limited Annual Report Corporate Overview 2025-26 Well-Capitalised Businesses Capital Adequacy of 29% Solvency Ra tio of more than 155% (in Credit and ARC businesses) in Insurance businesses Robust Customer Franchise Expanding Expanding Customer Assets Customer Reach Customer assets at `2.4 Tn, up 11% YoY, Customer reach continues to expand to demonstrating the continued trust reposed ~14 Mn, growing 31% YoY by customers Financial Performance Alternative Asset Management `10,865 Cr `680 Cr `547 Cr Consolidated Revenue Consolidated PAT Consolidated PAT (Pre MI) (Post MI) Fee-Paying AUM at `447 Bn, PAT for the year grew by 15% YoY First-series Infrastructure Yield 23% CAGR over last 3 years `2.65 Bn Fund fully realised with returns above the threshold Robust Balance Sheet and Liquidity Raised `108 Bn (up 64% YoY) European Investment Bank Only Indian alternatives player (EIB) anchored India's first to feature among the Deployed `83 Bn and Energy Transition Fund “Top PDI Fund Raisers of the Realised `118 Bn launched by EAAA Year” for five consecutive years (up 34% YoY) `5,944 Cr `10,430 Cr 38% of Debt Net Worth Net Debt Comfortable Liquidity Number of unique clients grew to 5,900+, with 1,300+ repeat clients across multiple strategies 03 04 Edelweiss Financial Services Limited Annual Report Corporate Overview 2025-26 Mutual Fund NBFC AUM up 12% YoY to Equity AUM grew 25% YoY to PAT for the year grew Disbursed `10.51 Bn Wholesale book reduced by Improved asset quality - GNPA at `1,582 Bn `780 Bn; Equity AUM represents by 60% YoY to of MSME loans in the year, 30% YoY to `17.50 Bn 2.20%, down by ~50 bps YoY `0.85 Bn up 3x YoY ~50% of the total AUM Housing Finance Strong uptick in SIP book by 58% Net inflows of `160 Bn into Retail folios grew by YoY to `6.23 Bn equity schemes, up 23% YoY 46% YoY to 3.7 Mn Disbursed `21.71 Bn in the AUM up 16% YoY to Stable asset quality — `49.06 Bn GNPA at 2.31%, Collection year, up 27% YoY; 31% affordable home loans Efficiency 99.50% Among the first to launch a Hybrid The only AMC in GIFT IFSC offering both global General Insurance Long-Short Strategy SIF, which scaled to and India-focused investment strategies, with `30 Bn+ AUM AUM of ~USD 10 Mn Asset Reconstruction 23% YoY growth in Gross Direct Motor segment GDPI grew by Issued 8,72,901policies in the Premium Income (GDPI) against 27% YoY against industry year, up 47% YoY industry growth of 9% growth of 9% Fee-Paying AUM of Robust Recoveries of Acquired `13.63 Bn Life Insurance `78.38 Bn `85.90 Bn, u p 50% YoY of retail assets AUM grew by 11% YoY Gross Premium increased by 6% Embedded Value at `23.63 Bn, Share of retail assets in capital employed to `104.25 Bn YoY to `22.21 Bn up 8% YoY increased to 29%, u p from 18% YoY 05 06 Edelweiss Financial Services Limited Annual Report Corporate Overview 2025-26 Board of Directors Rashesh Shah Venkatchalam Ramaswamy Vidya Shah Dr. Ashima Goyal Shiva Kumar C. Balagopal Rajiv Jalota Chairman & Managing Director Non-Executive Director Non-Executive Director Independent Director Independent Director Independent Director Independent Director & Chairperson, Edelweiss ESG Council Standing: L to R: C. Balagopal, VenkatchalamRamaswamy, Rajiv Jalota 07 08 Sitting: L to R: Dr. Ashima Goyal, Shiva Kumar,Rashesh Shah, Vidya Shah Edelweiss Financial Services Limited Annual Report Corporate Overview 2025-26 Our Guiding Principles Principles aren't declared. They're drilled. A soldier's values are not written, they are repeated until they become reflex. Edelweiss's guiding principles are habits hardened by daily discipline, tested under pressure, and renewed with every decision. 09 The SIP Mindset - Systematic. Intentional. Patient. 10 Edelweiss Financial Services Limited Annual Report Corporate Overview 2025-26 5 We focus on growth for our clients, employees, 10 Our [Showing first 8,000 characters — download PDF for full document]