Investor Presentation

October 29, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Mumbai – 400 051 Mumbai – 400 001 Symbol : EQUITASBNK Scrip Code : 543243 , 976218, 976979 & 978223 Dear Sir Sub: Submission of Investors presentation Pursuant to Regulation 30 and other applicable clauses of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investors presentation on the Unaudited Financial Results of the Bank for the quarter and half year ended September 30, 2026. The same is also available on the website of the Bank and can be accessed using the below link https://ir.equitas.bank.in/wp-content/uploads/2026/10/ESFB-InvestorPresentation_Q2FY27.pdf Kindly take the above information on record. Thanking you, Yours faithfully, For Equitas Small Finance Bank Limited N Ramanathan Company Secretary Encl: a/a Q2FY27 The information in this document, including facts and figures, is being provided by Equitas Small Finance Bank Limited (the “Bank”) for informational purposes only and could be subject to change without notice. The information has also not been independently verified. No representation or warranty, express implied, is made as to the accuracy, completeness or fairness of the presentation and the information contained herein and no reliance should be placed on such information. The Bank or any other parties whose name appears herein shall not be liable for any statements made herein or any event or circumstances arisingtherefrom. This presentationor anypartof it or the factof its, formthe basisof, or berelied on in connection with, anycontractor commitmenttherefore. This document has not been and will not be reviewed or approved by any statutory or regulatory authority in India or any other jurisdiction or by any stock exchanges in India or elsewhere This document and the contents hereof are restricted for only the intended recipient(s). This document and the contents here of should not be (forwarded or delivered or transmitted in any manner whatsoever, to any other person, other than the intended recipients(s) or reproduced in any mannerwhatsoever.Anyforwarding,distributionor reproducingof this documentin whole or in partis unauthorized. Total in some columns / rows may not agree due to rounding off. GNPA ,NNPA & Gross Advances across the presentation refers to GNPA, NNPA & Gross Advances including IBPC sold & Direct Assignment unless mentioned. Crs denotes Crore throughout this presentation, unless specified otherwise. Key ratios are annualizedandbasedon quarterlyaverages,unless otherwisestated. Forward Looking Statements: Certainstatementsin this documentwithwordsor phrasessuch as“ will”,“etc. andsimilarexpressions orvariationof theseexpressionsor those concerning our future prospects are forward looking statements. Actual results may differ materially from those suggested by the forward looking statements, due to a number of risks or uncertainties associated with the expectations. These risks and uncertainties include, but not limited to, our ability to successfully implement our strategies, change in government policies etc. The Bank may, from time to time, make additional written and oral forward looking statements, includingstatementscontainedin the Bank’sfilingswiththe stockexchangesandour reportsto shareholders. The Bankdoes not undertaketo updateanyforwardlooking statementsthatmaybe made from time to time byor on behalfof the Bank. Key Highlights 2 Financial Performance 3 Assets 4 Asset Quality 5 Liabilities 6 Financials 7 Other Updates 8 Beyond Banking Operational Asset Offerings Liability Profile Financials Gross Advances: Rs. ^50,669 Cr [Rs. 39,123 Cr] Total Deposits: PAT for Q2FY27: 16 States and 2 UTs SBL -39%, VF -22%, MFI - Rs. 52,483 Cr [Rs. 44,094 Cr] Rs. 218 Cr [Rs. 24 Cr] 12%, HF -13%, MSE -5%, CASA –26%, TD & CD –74% NBFC -4%, Gold -2% Disbursements for Q2FY27: Third Party Products: Shareholders funds: Rs. 7,450 Cr [Rs. 5,380 Cr] LI & GI Premium- 1064 Branches SBL -28%, VF -24%, Rs. 38 Cr [Rs. 40 Cr] CRAR –20.92% 402 ATMs# Tier I –16.35% MFI -17%, HF -9% , MSE - Mutual Fund AUM- Tier II –4.57% 5%, NBFC -9%, Gold -7% Rs. 503 Cr [Rs. 467 Cr] Asset Quality: 372 Business Cost of Funds for Q2FY27: *GNPA: 2.29% [2.92%] NIM for Q2FY27: Correspondent (BC) 7.12% [7.35%] NNPA: 0.70% [0.98%] 6.69% [6.34%] Banking Outlets SA –5.72%, TD –7.75% PCR: 70.08% [67.03%] Yield on Gross Advances: CASA Ratio: RoA: Q2FY27 at 1.31% [0.18%] 28,527 employees 15.80% for Q2FY27 [15.73%] 26% [31%] RoE: Q2FY27 at 13.50% [1.65%] Figures in [] represent Q2FY26 data|*Advance for the purpose of GNPA/NNPA calculation excludes IBPC & Securitization book|^Gross Advances includes IBPC, Securitization & DA #398 onsite and 4 offsite ATMs 24.68% 23.94% 23.21% 22.48% 22.43% 22.60% 16.06% 15.73% 15.44% 15.51% 15.74% 15.80% 15.28% 15.06% 14.97% 14.85% 14.89% 14.73% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 MFI Mix on Avg Basis Overall Yield MFI Yield Non MFI Yield Particulars Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Overall Yield excl. D.A 15.73% 15.63% 15.65% 15.86% 15.88% • NIM was impacted by surplus liquidity arising from FCNR deposit mobilization, refinance borrowings, securitization/DA ΔA – Interest Income from Advances transactions, and Tier II NCD ΔB – Impact due to surplus liquidity ΔC – Interest reversal$ issuance, along with a higher ΔD – Interest expense interest expense. • NIM is expected to improve over the next two quarters with progressive deployment of excess liquidity into advances Particulars Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 NIM (On daily Average basis) 6.34% 6.75% 7.36% 7.24% 6.69% NIM (On Opening and Closing Average basis)* 6.29% 6.72% 7.29% 7.07% 6.74% $Interest reversal (on cash flows assigned effective 1stSeptember 2026 under securitization) *Earlier Methodology 7 MFI advances are 25%+ growth in overall expected to be maintained at advances for FY27, driven by around 10% of the overall growth Across products advances. With these positive levers in place, we expect to achieve an exit ROA of about 1.5% in Q4FY27. For FY27, we have revised our ROA guidance upward to around 1.35% from 1.20%, reflecting improved Going forward, we expect credit Cost to Income is expected to profitability trends costs to normalize, with a moderate further in H2FY27 driven marginal increase and by Operating leverage with growth stabilization towards H2FY27 in advances. Except for the upward revision in full year FY27 ROA guidance & Advances growth, all other operating guidance Guidance Revision remains unchanged. Particulars Q1FY27 Q2FY27 Variance Interest Income 12.56% 12.45% (0.11%) Interest Expense 5.96% 6.27% 0.31% NII 6.60% 6.18% (0.42%) Other Income 1.60% 1.73% 0.13% Net Income 8.20% 7.91% (0.29%) Opex 5.61% 5.49% (0.12%) PPOP 2.59% 2.42% (0.16%) Credit Cost 1.03% 0.69% (0.34%) PBT 1.56% 1.73% 0.17% PAT / RoA 1.18% 1.31% 0.13% RoE 11.76% 13.50% 1.74% Dupont analysis is based on average total assets for the quarter, calculated using the opening and closing balance sheet asset balances. Assets • Overall Disbursements at Rs. 7,450 Crore in Q2FY27, a growth of 38% YoY & 10% QoQ • Non MFI Disbursements at Rs. 6,161 Crore in Q2FY27, a growth of 31% YoY & 13% QoQ • Gross advances grew 30% YoY and 6% QoQ, supported by consistent disbursements across business verticals, crossing the ₹50,000 crore milestone in Q2FY27. Excluding the Direct Assignment outstanding of Rs.579 Crore as on Q2FY27, Overall bank Advances grew by 28% YoY & 7% QoQ • Non MFI book grew 24% YoY, led by 38% in MSE, 27% growth in HF and 193% in Gold Loans over previous year. SBL grew by 16% YoY. • Used Car and Used CV Advances have registered a growth of 29% YoY and 21% YoY respectively. Vehicle Finance portfolio is shifting towards used segments as per earlier guidance. Liabilities • Overall deposits grew by 19% YoY & 7% QoQ, crossing the ₹50,000 crore milestone in Q2FY27. • Cost of Fund [Showing first 8,000 characters — download PDF for full document]