Investor Presentation

Ref: SSFL/Stock Exchange/2026-27/078 October 30, 2026 To To BSE Limited, National Stock Exchange of India Limited, Department of Corporate Services Listing Department P. J. Towers, 25th Floor, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 542759 and 890221 Symbol: SPANDANA and SSFLPP Dear Sir/Madam, Sub: Investor presentation on the unaudited financial results of the Company for the quarter and half year ended September 30, 2026. Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of investor presentation on the unaudited financial results of the Company for the quarter and half year ended September 30, 2026. Kindly take the same on record. Thanking you. Yours sincerely, For Spandana Sphoorty Financial Limited Vinay Prakash Tripathi Company Secretary Encl: as above Spandana Sphoorty Financial Limited CIN - L65929TG2003PLC040648 Galaxy, Wing B, 16th Floor, Plot No.1, Sy No 83/1, Hyderabad Knowledge City, TSIIC, Raidurg Panmaktha, Hyderabad – 500081, Telangana Ph: +9140-48126666 | contact@spandanasphoorty.com | www.spandanasphoorty.com Invested in Bharat! Spandana Sphoorty Financial Limited Q2 FY27 & H1FY27 Investor Presentation Cherial Scroll Painting Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Spandana Sphoorty Financial 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 what so ever. 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 cash flows, 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. Focused 4P efforts over two years are driving the current turnaround P P P P ortfolio Quality* roductivity* ca ital eople X-bucket CE Borrowers per branch Equity infusion Strengthened Management Team • MD & CEO 96.2% +3.4% 99.6% 769 +8% 832 ₹ 400 Cr 31 – 90 dpd Borrowers per Loan Officer Debt raised -9.3% +15% ₹ 7,485 Cr 9.8% 0.4% 184 211 GNPA Average MFI Outstanding Marginal Cost of Borrowing • CBO’s -2.4% +101% -2.6% 5.0% 2.6% 22.6k 45.6k 13.2% 10.6% • Restructured field hierarchy erformance (Financial) Yield COB NIM Opex to AUM PBT (₹ Cr) 19.4% 13.2% 8.2% 19.1% (588) +5.5% -0.9% +5.4% +7.7% 24.9% 12.3% 13.6% 11.4% 37 * Standalone Weakest Quarter / End of Quarter in last 2 years Q2FY27 / Sep-26 as applicable AUM grew 10% QoQ to ₹5,364 Cr X-bucket Collections stable; PBT improved to ₹37 Cr Healthy growth in AUM Stable X-bucket Collection Efficiency* Improving financial metrics AUM (₹ Cr) X-bucket CE PBT (₹ Cr) +10% 5,364 99.6% 99.7% 99.7% 99.6% 37 4,887 Jun-26 Sep-26 Jun-26 Jul-26 Aug-26 Sep-26 Q1FY27 Q2FY27 •Disbursement up by 8% QoQ to ₹1,481 Cr •81% branches report X-bucket CE >99.5% and •PPOP improves to ₹52 Cr vs. ₹16 Cr in Q1FY27 •54% loans disbursed to new customers and 11% 51% branches have over 99.75% •GNPA & NNPA improve to 2.5% & 0.5% compared loans disbursed to reactivated customers in Q2 •Net collection Efficiency improves to 97.4% as to 3.6% & 0.7% respectively in Q1FY27 •Portfolio originated since April-25 constitute 96% against 96.6% in Q1FY27 of MFI portfolio and continues to stay strong * Standalone Liquidity continues to remain strong Focus on improving 90+ recoveries Other key updates Funds raised (Equity & Debt, ₹ Cr) 90+ Recoveries (₹ Cr) •New LOS platform currently in pilot. Positive 1,622 51 46 feedback received from field team 1,597 •Restructuring of micro-LAP business underway. Q1FY27 Q2FY27 Q1FY27 Q2FY27 Focus on moving into mid-tier micro-LAP with • Manual & bot calling •₹995 Cr CGS drawn down at favourable pricing of ticket sizes of ₹5L to ₹15L • Strengthen collections team (field) 10.3% and non-CGS borrowing at 10.8% • Deploying data analytics •₹200 Cr balance from partly paid shares raised •CFL merger progressing as planned •Comfortable Liquidity of ₹1,379 Cr •Healthy CRAR at 33.5% Loans originated under new credit rules constitute 96% of MFI AUM New portfolio contributes 96% of AUM* 98.7% of New portfolio* is current 0.5% 0.6% 0.8% 0.9% 1.1% 1.3% 4,905 4,333 3,840 3,417 3,296 99.5% 99.4% 99.2% 99.1% 98.9% 98.7% 1,386 4,726 2,457 3,936 3,083 1,910 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 New Book Old book Current Delinquent >98% customers* were current at 76% customers* had maximum of ~90% customers* had loans with disbursement +1 lender relationship ^ <₹1 L household outstanding ^ 1.4% 1% 98.6% 64% Current 1 - 30 dpd <50k 50k - 1L 1L - 1.5L 1.5L - 2L Unique Spandana+1 Spandana+2 * Standalone & includes disbursements done since 1st April 2025; ^ Based on credit bureau data at the time of disbursement X-bucket collection efficiency steady at >99.6% including large states PAR 30+ improved to 3.1% X-bucket collection efficiency (%) & forward flows X-bucket Collection Efficiency^ (%) of key States Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 99.5% 99.5% 99.6% 99.6% 99.5% 100.0% 99.3% 5.0% 99.5% Andhra Pradesh 99.5% 99.6% 99.6% 99.7% 99.6% 99.6% 99.0% 4.0% 98.5% Bihar 99.1% 99.5% 99.4% 99.7% 99.6% 99.6% 98.0% 3.0% 97.5% Madhya Pradesh 99.2% 99.6% 99.6% 99.6% 99.7% 99.6% 97.0% 2.0% 96.5% 96.0% 0.5% 0.4% 0.4% 0.4% 0.3% 0.5% 1.0% Odisha 99.6% 99.7% 99.7% 99.8% 99.8% 99.8% 95.5% West Bengal 99.5% 99.3% 99.4% 99.6% 99.7% 99.6% 95.0% 0.0% Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Pan India 99.4% 99.6% 99.6% 99.7% 99.7% 99.6% X-bucket CE (%) X-bucket to SMA-0 Consolidated 99.3% 99.5% 99.5% 99.6% 99.6% 99.5% PAR 30+ improved to 3.1% from 9.5% in Sep-25 >=4 lenders overlap*^ reduced to 3.8% 11.1% 7.0% 4.8% 3.7% 3.8% 12.6% 24.5% 22.7% 22.2% 9.5% 26.2% 25.8% 6.8% 5.1% 6.0% 4.9% 36.8% [Showing first 8,000 characters — download PDF for full document]