Analysts/Institutional Investor Meet/Con. Call Updates

October 14, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department 25th The Listing Department, Floor, Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, Street, Fort, Bandra‐ Kurla Complex, Bandra Mumbai ‐ 400 001. (East), Mumbai ‐ 400 051. BSE Scrip Code: 524000 NSE Symbol: POONAWALLA Dear Sir / Madam, Subject: Transcript of Earning/quarterly conference call held to discuss Unaudited financial results for quarter and half year ended September 30, 2026 – Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’). Reference: Regulation 46(2)(oa) of the SEBI Listing Regulations This is in continuation of our earlier letters dated September 30, 2026 and October 09, 2026 and pursuant to Regulation 30 and 46(2)(oa) of the SEBI Listing Regulations, we hereby providing the link of the transcript of Company’s Analysts (earning/quarterly) conference call for Q2 FY 2026- 27 held on October 09, 2026. The transcript of the Conference Call can be accessed at:- https://poonawallafincorp.com/documents/20121/0/q2-fy-27-earnings-transcript.pdf/42cd699c- 14b7-5d1b-c353-59375f6b58a4 Kindly take the above intimation on record. Thanking You, Yours faithfully, For Poonawalla Fincorp Limited Shabnum Zaman Company Secretary ACS‐13918 Poonawalla Fincorp Limited Q2FY26-27 Earnings Conference Call October 09, 2026 MANAGEMENT: MR. ARVIND KAPIL – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER MR. SUNIL SAMDANI – EXECUTIVE DIRECTOR MR. SHRIRAM IYER – CHIEF CREDIT AND ANALYTICS OFFICER MR. SANJAY MIRANKA – CHIEF FINANCIAL OFFICER MR. HARSH KUMAR – HEAD ARTIFICIAL INTELLIGENCE AND CHIEF HUMAN RESOURCES OFFICER MS. SHABNUM ZAMAN – COMPANY SECRETARY Page 1 of 18 Poonawalla Fincorp Limited October 09, 2026 Moderator: Ladies and gentlemen, good day and welcome to Poonawalla Fincorp Limited Q2FY26-27 Earnings Conference Call. We have with us today, Mr. Arvind Kapi - Managing Director and Chief Executive Officer, Mr. Sunil Samdani - Executive Director, Mr. Shriram Iyer - Chief Credit and Analytics Officer, Mr. Harsh Kumar - Head, Artificial Intelligence and CHRO, and other senior management officials. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Shabnum Zaman, Company Secretary of Poonawalla Fincorp Limited. Thank you and over to Ms. Zaman. Shabnum Zaman: Thank you. In line with good corporate governance practices, please note, this presentation may contain forward-looking statements regarding the company's future business prospects, strategies, estimates, and profitability, but it is important to note that these statements are based on certain expectations, assumptions, anticipated developments, and are subject to various risks and uncertainties. The actual results may differ significantly from what is stated in these forward-looking statements. Risks and uncertainties related to these statements include, fluctuations in earnings, our ability to manage growth, competition, economic conditions in India and abroad, changes in law, rules, and regulations relating to any aspect of the company's business operations, general economic, market, and business conditions, attracting and retaining skilled professionals, as well as government policies and actions. Now, I would like to hand over to Mr. Arvind Kapil, Managing Director, and Chief Executive Officer of the company. Arvind Kapil: Thank you, Shabnum. A very good evening, everyone, and welcome to our Q2FY27 earnings call. Thank you for joining us. As we step into the festive season, let me begin by wishing all of you and your families a very happy and prosperous times ahead. I'd like to open with the statement of where our institution stands. This quarter, in my view, marks an inflection point in establishing a self-sustaining earnings engine through the structural improvements across four key dimensions. We've delivered disciplined AUM expansion while enriching NIM and fee income optimization. Concurrently, continuous credit quality refinement coupled with collection infrastructure has driven credit cost lower, translating into a structural lift in our return-on-assets (ROAs), accelerated by a maturing AI and digital-led, these foundational gains, in my view, reinforce the compounding power and long-term sustainability of our franchise. Now moving on to our quarter specific numbers. AUM at the end of Q2FY27 stands at ₹74,008 crore. The new products we've launched have contributed 28% of the disbursements this quarter versus 26% the previous, and 24% the Page 2 of 18 Poonawalla Fincorp Limited October 09, 2026 previous to that. They continue to scale steadily and add to the predictability of our future earnings. As I said in my previous calls, our growth isn't just about chasing volumes, it's about raising the margin per unit. We therefore track six key performance vectors very closely and they continue to move in line with our plans and expectations. The first, our portfolio yield has increased by approximately 45 basis points over Q1FY27. So, it's now at 14.08%, demonstrating effective transmission of previous disbursement yield onto the portfolio yield. Our disbursement yield by itself as well has further expanded by approximately 20 basis points over Q1FY27, driven by our product mix. Just a quick reminder that this follows on top of approximately 50 basis points expansion in disbursement yields we had reported last quarter. Now moving on to the next point. Q2FY27, if I take NIM plus fees, that's expanded by 16 basis points to 9.26% from 9.10% in Q1FY27. We have now sustained net income of over 9% over three quarters reflecting our structural choices on product mix, customer segments and channels. Noteworthy, in my assessment, would be our credit cost this quarter, which has declined by 25 basis points from 2.4% to 2.19%. Our GNPA for Q2FY27 stands at 1.2% versus a 1.37% the previous quarter. While these are outcome metrics, we track the quality of our incremental cohorts very closely as lead indicators. The 6 MOB 30+ of the most recent cohort is approximately now 0.35%, approximately 32 basis points lower than the 0.67% that we had last quarter, which is by itself 41 basis points lower than the previous quarter. This keeps a firm downward bias on our credit cost. I wish to emphasize at this juncture, these 6 MOB 30+ numbers are computed excluding gold loans, demonstrating the true nature of our credit calibration and collection performance. Opex-to-AUM for the quarter stands at 4.15%. It reflects pre-investments that we have frontloaded; collection capacity, AI investments and our gold loan branch rollouts. This quarter movement sits within the 10 to 25 basis point range we had guided for. As a result, we've achieved ₹375 crore in profit after tax, recording a 22% growth quarter-on-quarter. Our ROA has moved up to 2.18%, reflecting a 20-basis point improvement over the previous quarter, and approximately 149 basis points improvements over Q2FY26. Beyond these numbers, I want to spend the next few minutes on five aspects that define this quarter, which I believe will define the quarters ahead. First, robust product traction and expansion of our distribution. Our quarterly performance reflects high-quality growth across our entire product portfolio. A key driver of this performance is the seamless market adoption of our recent product launches. Each of them continues to build scale quarter-on-quarter and distribution footprint continues to strengthen. Few highlights, probably to give you some sense of the ground level field. Page 3 of 18 Poonawalla Fincorp Limited October 09, 2026 Prime Pers [Showing first 8,000 characters — download PDF for full document]