Investor Presentation

INDOSTAR ICFL/LS/0128/2026-27 Date: October 29, 2026 BSE Limited National Stock Exchange of India Limited Listing Department, 1st Floor, Exchange Plaza, C-1, Block G, P J Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra, Mumbai - 400 001. (E), Mumbai – 400 051. Scrip Code: 541336 Symbol: INDOSTAR Dear Sir/ Madam, Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Pursuant to Regulation 30 of the Listing Regulations, please find enclosed Investor Presentation on the unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. Kindly take the above on your records. Thanking you, Yours faithfully, For IndoStar Capital Finance Limited Jayesh Jain Chief Financial Officer Enclosed.: a/a IndoStar Capital Finance Limited Registered Office: Silver Utopia, Third Floor, Unit No 301-A, Opposite P & G Plaza, Cardinal Gracious Road, Chakala, Andheri (E), Mumbai - 400099, India. | T +91 22 4315 7000 | contact@indostarcapital.com | www.indostarcapital.com CIN: L65100MH2009PLC268160 INDOSTAR CAPITAL FINANCE Investor Presentation | September 2026 .,,; Safe Harbor INDOSTAR "Your Poth To A BrttrrLl/r" This presentation and the accompanying slides (the “Presentation”), which have been prepared by IndoStar Capital Finance Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. 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. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness. .,,; INDEX INDOSTAR "Your Poth To A BrttrrLl/r" Company Overview 01 Business Performance Update 02 Vehicle Finance 03 Micro LAP 04 Asset Quality 05 Borrowing Profile 06 Financial Parameters 07 Standalone Financial Performance 08 Credit, Collection, Information Technology & Risk Management 09 Ownership Structure and Management Team 10 Consolidated Financial Performance 11 Company Overview BUILT TO LEAP FORWARD FY26 was the take-off. In Q2FY27, the flight is under way. .,,; Transformation Journey: Runway, Take-off, Flight INDOSTAR "'Your Path To A Bntrr Ufe" RUNWAY | FY24–FY25: Rebuild TAKE-OFF | FY26: Reset FLIGHT | FY27 onwards : Scale • Credit processes overhauled; system-level • Housing finance subsidiary divested; • Verticalised VF: CV, PV, CE and FE controls strengthened • Strengthened Balance Sheet by providing • Micro LAP scaling towards LAP (₹10 lakh+) • Monthly credit reviews and an Early for stressed assets • Analytics- and AI-led underwriting and Warning Framework • Warrant conversion: CAR 36.1%, D/E 1.5x collections • Risk-priced, scorecard-led underwriting • Leadership bench rebuilt across key • Project LEAP driving operating leverage • Micro LAP launched (2024) in VF branches functions • Balance-sheet strength into compounding • IRDAI corporate agency licence (Feb 2024) profitability Where we are today (Q2FY27): AUM ₹8,459 cr | 475 branches | 85% customers CIBIL>725 | CAR 36.0% | Incremental COB 9.1% .,,; Strong Fundamentals, Built to Leap INDOSTAR "'Your Path To A Bntrr Ufe" 1 Two large, underserved markets 2 Secured, granular, high-yield book ₹11 lakh cr 17.6% Vehicle finance market by Mar-27E, plus a Yield on loan assets; ₹67.6lakhcr MSME credit pool for Micro LAP NIM up from 7.6% to 8.9% (Q2FY26to Q2FY27) 3 Pan-India reach, ready to scale 4 Under-levered balance sheet 475 branches 36.0% CAR 4 24 states & UTs, Micro LAP co-located in 154 D/E of 1.55x: growth headroom without equity BUILT TO branches dilution LEAP 5 5 Enhanced risk architecture 6 Experienced team, strong sponsors FORWARD 85% 20+ years FY26 cleared the runway. The new origination now drives growth. Customers with CIBIL >725; scorecards, bureau Average leadership experience; backed by triggers and early-warning systems live Brookfield and Everstone (70.3% promoter holding) .,,; Defining our Purpose: Vision, Mission & Values INDOSTAR "Your Poth To A BrttrrLl/r" Our Vision Our Mission “Partner with our customers on their journey to “To be a major financial service provider to our target financial success.” customers through empowered happy employees, and deliver a competitive shareholder return while maintaining highest ethical behaviour standards.” Core Values​ Resilience Ethics​ Accountability Collaboration​ High-Performance​​ Ability to withstand and Understanding the essence Responsibility and Work as a team Achieving exceptional bounce back from difficult, of Code of Conduct ownership to the towards a common results by exceeding adverse or challenging and governing committed actions, goal, through shared expectations, and situations.​ Business principles​. decisions and the knowledge, to consistent performance. outcomes of those actions.​ achieve a desired outcome.​ .,,; Transforming NBFC: Retail Centric & Tech Driven INDOSTAR "Your Poth To A BrttrrLl/r" Retail-led NBFC focused on Vehicle Finance and Micro LAP Asset quality preservation through disciplined underwriting, proactive collections, and tech-led monitoring ,------·-·-·-----\ . < . . \ ·.@·//-·-·-·---------\\ Digital Adoption– E-Nach, E-Agreement & E-Nach @ [!] ) Digital tools (Indo Mitra, Scorecards, Connector Apps) enhancing sourcing, ( > ·, underwriting, and collections efficiency --- / \_ ./ Project LEAP (Lean, Efficient, Agile, Profitable) driving Micro LAP launch in FY2024–25 – a key milestone in the retail 0 0 efficiency, agility and operational discipline to improve transition, with disbursements gaining steady momentum profitability Discipli [Showing first 8,000 characters — download PDF for full document]