Investor Presentation

Ref. No. AAVAS/SEC/2026-27/3378 Date: October 26, 2026 To, To, The National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400051 Mumbai – 400001 Scrip Symbol: AAVAS Scrip Code: 541988 Dear Sir/Madam, Sub: Investor Presentation on the Unaudited Financial Results for the quarter and half year ended September 30, 2026 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith a copy of Investor Presentation of the Company on the Unaudited Financial Results for the quarter and half year ended September 30, 2026. The above information will also be made available on the website of the Company and can be accessed https://www.aavas.in/investor-relations/investor-intimation. Date and time of occurrence of event/information: October 26, 2026 and Board Meeting concluded at 04:47 P.M (IST). You are requested to take the above on record. Thanking You, FOR AAVAS FINANCIERS LIMITED SAURABH SHARMA COMPANY SECRETARY AND COMPLIANCE OFFICER (ACS-60350) Enclosed: a/a LANRETNI 192 35 0 65 0 143 Investor Presentation H1FY27 People. Performance. Perseverance. 192 35 Safe Harbour 0 65 0 143 This presentation and the accompanying slides (the “Presentation”), which have been prepared by Aavas Financiers Ltd. (the “Company”), without any specific objectives and solely for 214 information purposes and do not constitute directly or indirectly any advertisement, advise, offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form 51 the basis or be relied on in connection with any contract or binding commitment whatsoever. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Further, this presentation is being made on uniform basis and no selective disclosure of the same have been made by the Company. Potential investors must make their own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make such independent investigations as they may consider necessary or appropriate for investment purposes. This presentation contains certain forward-looking statements concerning the Company’s future business prospects, market opportunities and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward-looking statements. These statements can be recognized using words such as 238 “expects,” “plans,” “will,” “estimates,” “projects,” “marks,” “believe” or other words of similar meaning. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, micro and macro geo-political issues, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect in future or update any forward-looking statements made from time to time by or on behalf of the Company. Any reliance placed on this presentation by 240 any person for its investment strategy shall be at his own risk. 2 Investor Presentation H1FY27 192 35 Executive Summary – H1FY27 0 65 0 143 Financial Capital Customers Distribution Assets Performance Structure 99.6% 443 ₹ 248.0 bn ₹ 3,521 mn ₹ 54.0 bn Retail Loans Branches AUM PAT* Net Worth 62% | 38% 15 ₹ 35.1 bn 12.66% | 7.64% Self-Employed | States/UTs Disbursement Yield | CoB 43.77% Salaried CRAR 21,500+ 260+ 63% | 37% 5.02% | 7.76% 205 New Customers Districts HL | NHL Spread | NIM Added ₹ 31.5 bn | 7.70% 241 Incre. Borrowings 83% 7,549 ₹ 1.0 mn 42.9% | 3.33% (Amt.| Rate) <15 lakhs Ticket Size Employees ATS on AUM C/I | Opex Ratio 2,82,707 2,600+ 55.4% 1.11% | 0.70% # Lenders Active Loan Counts Towns covered Average LTV GNPA | NNPA 4,45,000+ 80%+ 3.23% | 13.48% AA Floating Rate Assets Families Served Branch in Tier 3+ ROA | ROE Long term ratings 3 *PAT Includes OCI Investor Presentation H1FY27 192 35 Management Commentary 0 65 0 143 It gives me immense pleasure and pride to share that your company will surpass the significant milestone of Rs. 250 billion in AUM this month, having served nearly 4.5 lakh customers. As we embark on our next milestone of Rs. 500 bn in AUM, the quality of growth will remain as important as its pace, with sustainable profitability, strong governance and disciplined liability management at the core of our strategy. And technology will serve as a critical force multiplier in this journey. During the quarter, we continued to bolster our team with several experienced professionals already onboarded and more to join. During H1FY27, we disbursed Rs. 35.1 bn, achieving robust growth of 30% YoY, primarily driven by higher volumes. The momentum continued in Q2FY27, with disbursements close to Rs. 19 bn, growing by 21% YoY, supported by improving productivity and healthy demand across our markets. Our AUM grew by 16.1% YoY to Rs. 248 bn, while the repayment rate normalized to around 17% and will remain in similar range. We delivered 16.4% YoY growth in Net profit for H1FY27, driven by a healthy 17% YoY growth in Net Interest Income, supported by robust business growth. In addition, improved operating efficiencies, reflected in a 195-bps YoY improvement in our cost-to-income ratio, further strengthened profitability during the quarter. During Q2FY27 our ROA improved by 9 bps QoQ to 3.28% and ROE improving by 28 bps QoQ to 13.63%. During the quarter, your company displayed strong liability management which kept borrowing cost stable at 7.64%, resulting in a 11 bps QoQ improvement in NIM to 7.81%. Furthermore, we strengthened and diversified our funding franchise with the addition of two new large relationships. We also expanded our network to 443 branch locations. 238 We continue to deliver industry-leading asset quality, with all key indicators trending positively and remaining well within our guided range. Our 244 1+ DPD improved by 18 bps YoY to 3.81% in Q2FY27, remaining comfortably below 5%. Gross NPA improved by 13 bps YoY to 1.11%, while Net NPA improved by 16 bps YoY to 0.70%. In line with our commitment to promoting sustainable housing, we have cumulatively funded over 800 green homes, establishing ourselves as a leader in green housing segment. 4 Investor Presentation H1FY27 192 35 Key Performance Highlights – H1FY27 0 65 0 143 NIM (%) Disbursement (₹ mn) NII(₹ mn) AUM (₹ mn) +30% +17% 214 +16% -5 bps 6,825 248,011 35,056 7.81% 7.76% 5,851 213,566 41 27,053 H1FY26 H1FY27 H1FY25 H1FY26 H1FY26 H1FY27 Sep-25 Sep-26 Opex to Assets (%) 1+ DPD (%) PAT (₹ mn) 241 Operating Profit (₹ mn) +18% -18 bps -18 bps +16.4% 4,819 3,528 238 3.51% 3.99% 3,032 4,096 3.81% 3.33% H1FY26 H1FY27 Sep-25 Sep-26 H1FY26 H1FY27 H1FY26 H1FY27 5 Investor Presentation H1FY27 192 35 Pillars of Strength 0 65 0 143 Strong Institutional Diverse Geographical In-house Execution Model Diversified Customer Base Framework Distribution Professional Management Experienced Board of Diversified Shareholding Future rea [Showing first 8,000 characters — download PDF for full document]