Analysts/Institutional Investor Meet/Con. Call Updates

29.07.2026 To, To, The Manager, The Manager, Listing Department, Listing Department, National Stock Exchange of India Limited, BSE Limited, ‘Exchange Plaza’, C-1, Block – G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051 Mumbai – 400 001. Ph. No. 022-26598100 Ph. No.022 22721233 Scrip Code : GEOJITFSL - EQ Scrip Code : 532285 Dear Sir/Madam, Sub: Transcript of Analyst/ Institutional Investor Meetings Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing herewith the transcript of the Analyst/ Institutional Investors conference call held on Thursday, July 23, 2026 at 4.00 P.M. Please also note the weblink and path for audio recording of the Analyst/Institutional Investors conference call at https://www.geojit.com/investor-relations - Investor Presentation - Analyst Call. Thanking you, For Geojit Financial Services Limited Liju K Johnson Company Secretary “Geojit Financial Services Limited Q1 FY '27 Earnings Conference Call” July 23, 2026 E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recording uploaded on Company's website on July 23, 2026 will prevail. MANAGEMENT: MR. C.J. GEORGE – CHAIRMAN AND MANAGING DIRECTOR – GEOJIT FINANCIAL SERVICES LIMITED MR. SATISH MENON – EXECUTIVE DIRECTOR – GEOJIT FINANCIAL SERVICES LIMITED MR. JAYAKRISHNAN SASIDHARAN -- CHIEF INFORMATION OFFICER – GEOJIT FINANCIAL SERVICES LIMITED MR. JONES GEORGE – EXECUTIVE DIRECTOR – GEOJIT FINANCIAL SERVICES LIMITED MS. MINI NAIR – CHIEF FINANCIAL OFFICER – GEOJIT FINANCIAL SERVICES LIMITED MR. RAHUL ROY CHOWDHURY – CHIEF EXECUTIVE OFFICER, PRIVATE WEALTH – GEOJIT FINANCIAL SERVICES LIMITED MR. LIJU JOHNSON – COMPANY SECRETARY – GEOJIT FINANCIAL SERVICES LIMITED Page 1 of 13 Geojit Financial Services Limited July 23, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Q1 FY '27 Earnings Conference Call of Geojit Financial Services Limited. Before we get started, I would like to point out that some statements made or discussed on today's call may be forward-looking in nature and must be viewed in conjunction with the risks and uncertainties that we face. A detailed statement and explanation of this risk is included in the earnings presentation, which has been shared with you earlier. The company does not undertake to update these forward-looking statements publicly. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then 0 on your touch-tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Satish Menon from Geojit Financial Services. Thank you, and over to you, sir. Satish Menon: Good evening. Operator, is my voice clear. Moderator: Sir, your voice is clear, but you're sounding distant. If you could come closer to the microphone, it would help. Satish Menon: Okay. Thank you very much, operator. Good evening and thank you for joining us today. This is Satish Menon from Geojit. On the call with me today, we have Mr. C.J. George, Chairman and Managing Director; Mr. Jones George:, Executive Director; Ms. Mini Nair, CFO; Jaya Sasidharan, CIO; Mr. Rahul Roy Chowdhury, CEO of Private Wealth; and Mr. Liju Johnson Company Secretary. Before I turn on to the quarterly performance, let me briefly touch upon the operating environment during the quarter. Despite intermittent volatility arising out of global geopolitical developments investor participation in India financial markets remain resilient. For a franchise like ours, with deep relations across Tier 2, Tier 3 cities and a differentiated assistant led approach, we believe this opportunity in Indian financial markets remain significant. Geojit focuses on building life-long customer relationship through advisory, wealth creation and cross-selling across multiple products. We continue to guide our transformation from a transaction-led booking franchise into a diversified recurring revenue led wealth platform. The transformation, which I had covered in my last investor call, contains 3 strategic pillars. One is expanding our recurring revenue through wealth management, PMS, insurance. Second is strengthening our NRI business in GCC countries and other countries, including GIFT in the DIFC initiatives. And third is the technological transformation to enhance customer experience. I'll now turn to the quarter 1 financial performance. Revenue for operation in quarter 1 stood at INR160.40 crores, which is 11% Y-o-Y growth., profit before tax stood at INR25.99 crores, while profit after tax stood at INR19.83 crores. On a sequential basis, PBT grew by 4%, and PAT increased by 14%. The company continued to maintain disciplined cost structure while Page 2 of 13 Geojit Financial Services Limited July 23, 2026 investing in capabilities that are expected to strengthen productivity, customer engagement and operating leverage or a medium term. As you would all recall, which we had stated in our last call, FY '26 was a year of deliberate investments across technology, distribution and brand building. These investments have continued at quarter 1 with a clear focus of building long-term capabilities rather than near-term profitability. One of the highlights of quarter 1, which I would like to mention is that employee cost is up by INR18 crores, primarily driven by expansion of our sales force, recruitment for our DIFC, addition to our technology team to support IT transformation and higher employee incentive aligned with the growth in the distribution business that we saw in the quarter 1. We believe this investment will support improved productivity and operating leverage over the medium term. Other highlights, The total customer assets increased to INR1.11 lakh crores. Our mutual fund distribution continues to outperform with equity market net inflow market share improving to 0.473. It had increased in the last quarter also. And our equity mutual fund AUM increased to INR18,501 crores. Our Asset Management Business asset management business also continue to scale, our asset management business has an AUM of INR1,778 crores. Insurance distribution was a highlight of the last quarter we have collected the gross premium INR103 crores, reflecting a continued cross-selling among our clients. Our lending portfolio margin funding and loan against shares mutual fund increased to INR 755 crores in quarter 1 of FY '27. To conclude, the quarter reflects the continued execution of the investment we initiated last year. While we continue to invest in technology, distribution capabilities and people, the underlying business indicators remain encouraging. Growth in customer assets, client acquisition, improving mutual fund market share and continued expansion of our revenue -- recurring revenue business reinforce our confidence in the long- term direction of the business. We believe the investment undertaken over the past year has created a stronger and more scalable platform positioning us well to benefit from the India's long-term financialization opportunity while creating sustainable value for our customers as well as our shareholders. With that, I would like now to open the floor for questions. Thank you. Moderator: Thank you. The first question comes from the line of Jeetu Panjabi with EM Capital Advisors. I'm sorry to interrupt Jeetu, you're not audible. Could you please use your handset on your handset mode? Okay. You are not audible your voice is breaking. I'm sorry, Jeetu, you're not audible, would request you to fix the issue at your end and get back in the queue. Thank you. The next question comes from the line of Arvind Singh with Matryi Investment. So Matryi line has dropped. We'll move on to the next participant. Nimish Pandaya and Individ [Showing first 8,000 characters — download PDF for full document]