Investor Presentation

October 29, 2026 BSE Limited National Stock Exchange of India Limited P.J. Towers, Exchange Plaza, 5th Floor, Plot No. C/1, G Dalal Street, Block, Bandra - Kurla Complex, Mumbai- 400 001 Bandra (E), Mumbai - 400 051 (Scrip Code: 543386) (Symbol: FINOPB) Dear Sir/Madam, Sub: Investor Presentation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 of SEBI Listing Regulations, enclosed herewith the Investor Presentation on Audited Financial Results for the half year ended September 30, 2026 and Unaudited Financial Results for the quarter ended September 30, 2026 of Fino Payments Bank Limited (“Bank”). The said presentation is also available on the Bank’s website i.e. www.fino.bank.in Kindly take the same on your record. Thank You Yours faithfully, For Fino Payments Bank Limited Basavraj Loni Company Secretary & Compliance Officer Place: Navi Mumbai Encl: a/a Fino Payments Bank Limited Registered Office: Mindspace Juinagar, Plot No Gen 2/1/F, Tower 1, 8th Floor, TTC Industrial Area, MIDC Shirwane, Juinagar, Navi Mumbai - 400 706 | CI N: L65100MH2007PLC171959 | Tel: (+91 22) 7104 7000 | Website: www.fino.bank.in | Email: cs@fino.bank.in From Payments Bank to Small Finance Bank Wider Deeper Stronger Reach Inclusion Tomorrow Taking complete Empowering individuals, A broader suite of services Investor Presentation Q2’27 & H1’27 banking to Bharat business and communities for sustainable growth 01 Key Business Updates 02 Financial Highlights 03 Product Performance TABLE OF CONTENT Key Business Updates Key Highlights of Q2’27 / H1’27 Record Quarterly Renewal Income of ₹ 74.6 crore in Q2’27, a 7% YoY increase, reinforcing customer stickiness Sustained Growth in Loan Referral Disbursals with H1’27 disbursals of ₹ 1,390 crore exceeding full-year FY’26 levels by 8% Launch of New Products in Oct’26 : ‘Cash @ UPI’ & ‘Daily Deposit Plan’ – New revenue streams for the Bank Continued Digital Expansion – Digitally Active customers reached 64.9 lakh in Sep’26, a growth of 13% YoY CASA Revenue – Expanded to ₹ 174.2 crore in Q2’27 (accounting for 52% of total mix), posting a 9% YoY growth SFB Readiness – Critical leadership onboarded and credit policies finalised #TowardsSmallFinanceBank Performance At a Glance – Q2’27 (QoQ) Operational Highlights Financial Highlights Liability Franchise Digital Footprint Total Throughput Revenue CASA Accounts* Digital Throughput ₹ 115.8k Cr ₹ 333.6 Cr 1.91 Cr ₹ 64.0k Cr 4% 9% 4% 1% Transaction Net Revenue Average Total Digitally Active Count Margin Deposits Customers# 100.6 Cr 38.1% ₹ 2,794 Cr 64.9 lakh 6% 464 bps 1% Loan Referral EBITDA Average CASA Balance UPI Throughput Disbursement ₹ 35.1 Cr ₹ 1,238 ₹ 60.8k Cr ₹ 762 Cr 19% 3% 1% Cost of Funds Digital Transactions Employee Count* PAT 1.4 % 92.8 Cr 2,973 ₹ (20.9) Cr *As on 30th September’26 #In September’26 #TowardsSmallFinanceBank Performance At a Glance – Q2’27 (YoY) Operational Highlights Financial Highlights Liability Franchise Digital Footprint Total Throughput Revenue CASA Accounts* Digital Throughput ₹ 115.8k Cr ₹ 333.6 Cr 1.91 Cr ₹ 64.0k Cr 1% 17% 20% 2% Transaction Net Revenue Average Total Digitally Active Count Margin Deposits Customers# 100.6 Cr 38.1% ₹ 2,794 Cr 64.9 lakh 3% 96 bps 12% 13% Loan Referral EBITDA Average CASA Balance UPI Throughput Disbursement ₹ 35.1 Cr ₹ 1,238 ₹ 60.8k Cr ₹ 762 Cr 43% 2% 3% 286% Cost of Funds Digital Transactions Employee Count* PAT 1.4 % 92.8 Cr 2,973 ₹ (20.9) Cr 47 bps 6% *As on 30th September’26 #In September’26 #TowardsSmallFinanceBank Performance At a Glance – H1’27 (YoY) Operational Highlights Financial Highlights Liability Franchise Digital Footprint Total Throughput Revenue CASA Accounts* Digital Throughput ₹ 226.8k Cr ₹ 640.5 Cr 1.91 Cr ₹ 127.4k Cr 5% 25% 20% 2% Transaction Net Revenue Average Total Digitally Active Count Margin Deposits Customers# 195.3 Cr 40.3% ₹ 2,783 Cr 64.9 lakh 512 bps 12% 13% Loan Referral EBITDA Average CASA Balance UPI Throughput Disbursement ₹ 78.2 Cr ₹ 1,231 ₹ 120.9k Cr ₹ 1,390 Cr 37% 2% 2% 253% Cost of Funds Digital Transactions Employee Count* PAT 1.4 % 180.7 Cr 2,973 ₹ (34.6) Cr 56 bps 4% *As on 30th September’26 #In September’26 #TowardsSmallFinanceBank Core Growth Indicators - Quarterly Net Revenue Margin (%) CASA Contribution to Revenue Mix (%) Renewal Income (₹ Cr) 38.1 52.2 74.6 37.1 69.8 39.9 Q2'26 Q2'27 Q2'26 Q2'27 Q2'26 Q2'27 +96 bps YoY +9% YoY Revenue Growth 7% YoY growth Q2’27 Highlights ₹ 2,794 Cr 64.9 Lakh ₹ 762 Cr 1.91 Cr Average Total Deposits, Digitally Active Customers, Referral Loan Disbursals, CASA Accounts, +12% YoY +13% YoY +286% YoY +20% YoY #TowardsSmallFinanceBank Core Growth Indicators - Half Yearly Net Revenue Margin (%) CASA Contribution to Revenue Mix (%) Renewal Income (₹ Cr) 40.3 53.1 142.1 132.9 36.7 35.2 H1'26 H1'27 H1'26 H1'27 H1'26 H1'27 +512 bps YoY +9% YoY Revenue Growth 7% YoY growth H1’27 Highlights ₹ 2,783 Cr 64.9 Lakh ₹ 1,390 Cr 1.91 Cr Average Total Deposits, Digitally Active Customers, Referral Loan Disbursals, CASA Accounts, +12% YoY +13% YoY +253% YoY +20% YoY #TowardsSmallFinanceBank Operational Efficiency 1,263 1,271 1,245 1,259 1,220 Daily Average Throughput (₹ Cr) No. of 2,893 2,903 2,850 2,889 2,973 Employees FY'22 FY'23 FY'24 FY'25 FY'26 Q2'26 Q1'27 Q2'27 Throughput per 64.7 2.5x times 159.9 160.8* 153.7* 155.8* Employee (₹ Cr) *Annualised Sustained throughput per employee amid consolidation underscores the scalability of the operating model #TowardsSmallFinanceBank Geographical Presence (in 000’s) Himachal Pradesh 6.3 Jammu & Kashmir 4.5 Punjab 52.0 Meghalaya 2.2 Uttarakhand 12.1 Haryana 55.7 Branches & Merchants* Assam 42.0 Sikkim 2.5 (‘000) CSPs Delhi 39.4 Uttar Pradesh 356.3 Merchant / Mix Count / Mix Tripura 6.5 Rajasthan 139.9 Bihar 280.7 2,079 / 100% 126 / 100% Gujarat 66.1 Madhya Pradesh 209.5 West Bengal 155.3 East 703 / 34% 35 / 28% Dadra & Nagar 11.9 Chhattisgarh 54.6 Jharkhand 88.0 Maharashtra 159.5 West 590 / 28% 21 / 17% Orissa 65.4 Goa 2.1 Telangana 47.8 North 527 / 25% 60 / 47% Karnataka 66.8 Andhra Pradesh 60.9 South 259 / 13% 10 / 8% Kerala 16.1 Tamil Nadu 66.4 * Includes Own & Open Banking #TowardsSmallFinanceBank SFB Timeline • Identified senior • Complete onboarding Submission of Final of senior and middle leadership positions – Readiness to the RBI Discussions underway management team • Technology stack • Finalisation of product, Go Live identification process and journeys Q2’27 Q4’27 1 2 3 4 5 Q1’27 Q3’27 Q1’28 • End-to-end credit • Heads – Branch technology stack Banking, Liabilities, development and CBS MSME and Credit integration Policy onboarded • End-to-end process • Technology validation and development initiated readiness assessment #TowardsSmallFinanceBank Financial Highlights Bank Level Profit & Loss Particulars (₹ Cr) Q2’26 Q1’27 Q2’27 YoY (%) QoQ (%) H1’26 H1’27 Revenue 400.1 306.9 333.6 16.6% 8.7% 853.5 640.5 Product Cost 251.4 175.7 206.5 17.9% 17.5% 553.0 382.2 Net Revenue 148.6 131.2 127.1 14.4% 3.1% 300.5 258.3 Net Revenue Margin % 37.1% 42.8% 38.1% 96 bps 464 bps 35.2% 40.3% Operating Cost 87.0 88.1 92.1 5.8% 4.5% 177.3 180.2 EBITDA 61.6 43.1 35.1 43.0% 18.5% 123.3 78.2 Other Fin. Cost & Depreciation 40.4 56.8 56.0 38.6% 1.4% 77.4 112.8 PBT 21.2 (13.7) (20.9) - - 45.9 (34.6) PAT^ 15.4 (13.7) (20.9) - - 33.1 (34.6) EBITDA Margin 15.4% 14.0% 10.5% 14.4% 12.2% PBT Margin 5.3% - - 5.4% - Cost to Income# 21.7 % 28.7% 27.6% 20.8% 28.1% #Cost to Income calculated as Operating Cost/Revenue #TowardsSmallFinanceBank Financial Highlights - Quarterly Revenue (₹ Cr) EBITDA (₹ Cr) 400.1 61.6 333.6 306.9 43.1 35.1 15.4% 14.0% 10.5% Q2'26 Q1'27 Q2'27 Q2'26 Q1'27 Q2'27 PBT (₹ Cr) Cost-to-Income (%) 21.2 28.7% 27.6% 5.3% 21.7% (13.7) (20.9) Q2'26 Q1'27 Q2'27 Q2'26 Q1'27 Q2'27 Note: EBITDA margins mentioned inside the bars of the EBITDA charts; PBT margins mentioned inside the bars o [Showing first 8,000 characters — download PDF for full document]