Submission of Earning Call Transcript

Dated: 01.08.2026 Department of Corporate Services, BSE Limited, 25th Floor, P.J. Towers, Dalal Street, Mumbai-400001 Scrip Code: 538882 Dear Sir/Madam, Subject: Submission of Investor/ Analysts Meet Transcripts In continuation of the letter related to the Investor Conference Call to discuss the Financial Results for the Quarter ended June 30, 2026 and pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), please find enclosed the Transcripts of the Company's Investor Call. The said Transcript is also available on the website of the Company at https://emeraldfin.com/wp-content/uploads/2026/07/Transcript-Emerald-Finance-Limited-Q1- FY27.pdf. It is further confirmed that no unpublished price sensitive information was shared/discussed in the meeting / call. We request you to take the same on record. Yours Sincerely For Emerald Finance Limited (Amarjeet Kaur) Company Secretary cum Compliance Officer Membership No. : F13755 EMERALD FINANCE LIMITED CIN • L65993CH1983PLC041774 Registered Office: S.C.O 7, Industrial Area Phase II, Chandigarh (India), 160002 Ph: +91-172-4005659, +91-172-4603859 |E-mail: info@emeraldfin.com | Website: www.emeraldfin.com “Emerald Finance Limited Q1 FY'27 Results Conference Call” July 27, 2026 MANAGEMENT: MR. SANJAY AGGARWAL - MANAGING DIRECTOR, EMERALD FINANCE LIMITED MS. GURMEET KAUR - CHIEF RISK OFFICER, EMERALD FINANCE LIMITED MR. TALIN AGGARWAL - HEAD (BUSINESS DEVELOPMENT), EMERALD FINANCE LIMITED MS. AMANPREET SODHI – HEAD (EWA SALES), EMERALD FINANCE LIMITED MODERATOR: MR. KARAN THAKUR – KIRIN ADVISORS PRIVATE LIMITED, EMERALD FINANCE LIMITED Page 1 of 19 Emerald Finance Limited July 27, 2026 Moderator: Ladies and gentlemen, good day and welcome to Emerald Finance Limited Q1 FY'27 Results Conference Call hosted by Kirin Advisors Pvt. Ltd. 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 “*” then “0” on your touchtone phone. Please note that this conference is being recorded. I would now like to hand over the call to Mr. Karan Thakur from Kirin Advisors Pvt. Ltd. Thank you and over to you, sir. Karan Thakur: Good afternoon, everyone. On behalf of Kirin Advisors, I welcome you all to the Q1 FY'27 earnings conference call of Emerald Finance Limited. We have with us the senior management of the Company led by Mr. Sanjay Aggarwal – Managing Director, Ms. Gurmeet Kaur – Chief Risk Officer, Mr. Talin Aggarwal – Head of Business Development and Ms. Amanpreet Sodhi – Head, EWA Sales. We will start with the brief opening remarks which will be followed by a Q&A session. I would like to hand over the call to Mr. Sanjay Aggarwal – Managing Director. Over to you, sir. Sanjay Aggarwal: Good evening, everyone and a very warm welcome to all of our investors, analysts, stakeholders, joining us today for the Q1 FY'27 Earnings Conference Call. Joining me on the call today are Ms. Gurmeet Kaur – Chief Risk Officer, Mr. Talin Aggarwal – Head (Partnerships & Product Integration) and Ms. Amanpreet Sodhi – Head (EWA Sales). On behalf of the Management Team, I sincerely thank all of you for taking the time to join us today. We are pleased to begin FY'27 on a steady note, delivering healthy growth across all of our key financial parameters other than the goal loan business. The quarter reflects the strength of our diversified business model, expanding partnership ecosystem and our continuous focus on technology, innovation and disciplined execution. This quarter, we have onboarded 32 new corporate organizations, further expanding our employee network and strengthening our employee financial wellness ecosystem. Our EWA platform continues to witness encouraging adoption with an average ticket size of 26,000. During the quarter, we have also entered into strategic alliance with Credila Financial Services Limited to introduce education loan solutions and we have recently partnered with AU Small Finance Bank to strengthen our gold loan offering. Coming to our financial performance, I'm pleased to share that Q1 FY'27 has been another decent quarter for Emerald Finance. On consolidated basis, our total income increased by 39.97% on Page 2 of 19 Emerald Finance Limited July 27, 2026 year-on-year basis to Rs. 9.44 Cr, while our net profit increased by 52.72% to Rs. 4.88 crores. Our diluted EPS has improved to 1.44 from 0.92 on a year-on-year basis. As we move further into FY'27, we remain focused on strengthening our business fundamentals, expanding our corporate partnerships, enhancing our technology platform and broadening our portfolio on financial solutions. We believe our diversified business model, disciplined execution and customer-centric approach, vision as well to capitalize on the growing opportunities in India's financial services sector while continuing to create sustainable long-term value for all our stakeholders. We are also adding new programs and benefits to engage more of existing users and corporates and attract new corporates for our EWA program. Before I conclude, I would like to sincerely thank all of our shareholders, lending partners, corporate clients, customers and employees and all of our stakeholders for their continued trust and unwavering support. Their confidence continues to inspire us as we build a stronger, more resilient and future-ready financial services platform. With that, I thank everyone once again for joining for today's call and I request the moderator to open the floor for question-and-answer session. Moderator: Thank you very much. We will now begin the question-and-answer session. The first question is from the line of Divyansh Jaju from Trinetra Asset Managers. Please go ahead. Divyansh Jaju: Good afternoon, sir. Thank you for the opportunity. So, my first question was, over the last few years, the company has diverged its lending portfolio. So, looking ahead, what would be the ideal mix across all portfolio products over the next few years? Sanjay Aggarwal: See, our EWA business is continuing to grow as compared to other verticals. In the last quarter, on a consolidated basis, the share of EWA was about 8%. And this year, this quarter, it's almost across 10.5. So, and you know, lending business is going on a steady pace. We had about 12.5% growth in the last quarter. Although there was dip in our syndication business, primarily on account of fall in gold loan business, because RBI put a lot of restrictions on the banks and other financial institutions who are into gold loan business. But, we are taking steady measures to counter, make up for that loss of business. We're already tied up with the AU Bank for furthering our gold loan business. And we have planned to partner with at least one more partner in this quarter to strengthen the gold loan business. Plus, we have already started educational loans. We did only about Rs. 1 crore last month. And I think this portfolio will increase. And we also continue to focus our home loan, LAP and business loan portfolio, is going steady lines. Divyansh Jaju: Okay, understood. Like my question is that from the borrower behavior, like any recently any changes are there, like they are taking more particularly larger ticket sizes of loan, they are taking any more tenure from particular same customer only existing customer. Sanjay Aggarwal: You mean the change in the borrower behavior? Page 3 of 19 Emerald Finance Limited July 27, 2026 Divyansh Jaju: Yes. Sanjay Aggarwal: No, there's not any change in borrower behavior. Not seen any particular trend. Divyansh Jaju: Okay, sir. Thank you for sharing it. Sanjay Aggarwal: Thank you very much. Moderator: Thank you. The next question is from the line of Rohitash Arora, an individual investor. Please go ahead. Rohitash Arora: Sir, when are you expected to l [Showing first 8,000 characters — download PDF for full document]