Earnings Update in US Dollars

EW/Sec/2026-27/213 August 6, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Fort, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 532922 Symbol: EDELWEISS Dear Sir/Madam, Sub: Earnings Update Please find enclosed herewith the Earnings Update (in US Dollars) of the Company for the first quarter ended June 30, 2026. Kindly take the same on record. Thanking you, Yours faithfully, For Edelweiss Financial Services Limited Tarun Khurana Company Secretary Encl.: as above Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 Registered Office: Edelweiss House, off. C.S.T. Road, Kalina, Mumbai - 400 098 Tel No.: +91 022 4079 5199 Email: cs@edelweissfin.com Website: www.edelweissfin.com Edelweiss Financial Services Limited Earnings update – Quarter ended Jun 26 US $ version CONTENTS Overview 03 Performance highlights 06 Business performance 22 Governance & corporate responsibility 39 Please refer to the detailed business update of EAAA India Alternatives Overview Quarter ended Jun 26 Edelweiss at a glance $630 Mn $1,180 Mn Net Worth Net Debt $0.6 $13 Mn (FV $0.01) Consol PAT (Post MI) BVPS Diversified with seven high-quality businesses Edelweiss Financial Services Ltd (EFSL) Alternative Asset Housing General Life Mutual Fund NBFC Asset Mgt Reconstruction Finance Insurance Insurance Edelweiss Asset EAAA India Edelweiss Asset Nido Home Zuno General Edelweiss Life Reconstruction ECL Finance Alternatives Management Ltd Finance Ltd Insurance Limited Insurance Company Ltd Ltd (ECLF) Ltd (EAAA) (EAML) (NHFL) (ZGIL) Company Ltd (ELI) (EARC) Equity: Equity: Equity: Equity: Equity: Equity: Equity: $123 Mn $27 Mn $183 Mn $193 Mn $90 Mn $44 Mn $69 Mn EFSL Stake: EFSL Stake: EFSL Stake: EFSL Stake: EFSL Stake: EFSL Stake: EFSL Stake: 96% 85% 84% 100% 100% 100% 83% Performance Highlights Quarter ended Jun 26 Performance highlights 1 Robust growth in consol PAT and key metrics of operating businesses Consol PAT (Post MI) for the quarter grew by 83% YoY to $13 Mn Alternative Asset Management Fee Paying AUM (FPAUM) grew by 27% YoY to $5,140 Mn Mutual Fund Equity AUM increased by 32% YoY to $10,148 Mn; Crossed $10,500 Mn in Jul 26 2 Our total customer reach increased to 14 Mn, up 30% YoY Customer assets at $30 Bn, up 23% YoY 3 Resilient balance sheet with well-capitalised businesses Corporate net debt declined by 10% YoY to $605 Mn BVPS at $0.6, up 19% YoY 4 On track on our key priorities for FY27 Earnings distribution across businesses $ Mn Quarter Ended Profit after Tax Jun 26 Jun 25 Alternative Asset Management 9 6 Mutual Fund 4 3 Asset Reconstruction 8 10 NBFC 0.4 0.6 Housing Finance (0.5) 0.4 General Insurance (0.4) (0.6) Life Insurance (3.2) 0.2 Operating Business PAT 17 19 Corporate PAT (3) (8) EFSL Consolidated PAT (Pre MI) 14 11 (Less) Minority Shareholders’ PAT 1 4 EFSL Consolidated PAT (Post MI) 13 7 83% YoY *Quarter ended Jun 25 PAT of Life Insurance includes one-off treasury gains of $5 Mn Key business highlights (1/2) Alternative FPAUM $5,140 Mn PAT $9 Mn Asset Mgt up 27% YoY up 45% YoY Equity AUM $10,148 Mn SIP Book $74 Mn Mutual Fund up 32% YoY up 63% YoY Asset Recoveries Retail assets acquisition Reconstruction $32 Mn $32 Mn Key business highlights (2/2) MSME Disbursals $37 Mn Wholesale book reduced to NBFC tripled YoY $63 Mn Housing Disbursals AUM $518 Mn Finance $23 Mn up 14% YoY General GWP $44 Mn Policies issued 2,41,236 Insurance up 58% YoY up 68% YoY Gross Premium AUM $1,156 Mn Life Insurance $30 Mn up 13% YoY Total customer reach grew by 30% YoY In Lakhs Mutual Fund Folios General Insurance Customers Total Customer Reach Jun 25 Jun 26 Jun 25 Jun 26 Jun 25 Jun 26 30% YoY 49% YoY 28% YoY With a robust growth in customer assets $ Mn Customer Assets 29,686 24,043 Jun 25 Jun 26 23% YoY Strong balance sheet with well capitalised businesses Business Capital Ratios NBFC Capital Adequacy 27% Housing Finance Capital Adequacy 30% Asset Reconstruction Capital Adequacy 36% General Insurance Solvency Ratio 164% Life Insurance Solvency Ratio 189% Net debt across businesses $ Mn Business Net Debt Housing Finance 219 NBFC 207 Asset Reconstruction 125 Alternative Asset Management 23 Corporate 605 Net Debt 1,180 Corporate net debt declined by 10% YoY Continue to maintain surplus liquidity cover Jul 26 to Jun 27 $ Mn Opening Available Liquidity (A) 645 Inflows Expected Inflows 941 Fresh Borrowings 317 Total Inflows (B) 1,258 Outflows Repayments 803 Disbursements 497 Total Outflows (C) 1,300 Closing Available Liquidity (A+B-C) 603 Assets in each tenor range adequately cover liabilities $ Mn Assets Liabilities Excess / (Gap) Up to 1 year 1,089 994 95 1-3 years 1,438 1,353 85 782 328 455 3 years+ Update on key focus areas for FY27 Listing of EAAA on track; plan to list in Q3 of FY27 2 Investment by Carlyle in Nido is progressing; closure expected in September 2026 Scaling up PAT in Asset Management businesses led by growth in Fee Paying AUM & Equity AUM 4 On track to achieve breakeven in both Insurance businesses Calibrated scale up in Credit businesses driven by steady ramp up in disbursals Scale up in profits of Asset Management businesses PAT for quarter ended June $ Mn Alternative Asset Mgt Mutual Fund Jun 25 Jun 26 Jun 25 Jun 26 45% YoY 33% YoY Insurance businesses on track to breakeven: Losses 37% $ Mn PAT for quarter ended June General Insurance Life Insurance Jun 25 Jun 26 (0.4) (0.6) (3.2) (5.0) (3.6) (5.6) Life Insurance PAT for quarter ended Jun 25 is excluding one-off treasury gains of $5 Mn Calibrated scale up in MSME and Housing Finance AUM AUM as of quarter ended June $ Mn NBFC (MSME) Housing Finance Jun 25 Jun 26 Jun 25 Jun 26 94% YoY 14% YoY Increase in RoE of Asset Reconstruction business Annualized RoE for quarter ended June Jun 25 Jun 26 Business Performance Quarter ended Jun 26 Alternative Asset Mgt: Business performance snapshot Key Metrics for the quarter Business Update Fee Paying AUM ($ Mn) 5,140 Fee Paying AUM grew by 27% YoY to $5,140 Mn PAT increased 45% YoY to $9 Mn Annualized RoE 29% Annualized RoE improved to 29%, up 700 bps YoY Achieved a full exit from EIYP, marking one of the first successful infrastructure yield fund exits by an Indian Deployment ($ Mn) 1,494 manager Strengthened Sekura, our asset operating and management platform, through enhanced operating Realisation ($ Mn) 367 capabilities Alternative Asset Mgt: Financial performance snapshot $ Mn Quarter ended Quarter ended Jun 26 Jun 25 Fee Paying AUM 5,140 4,034 Equity 123 111 Annualized RoE 29% 22% Total Income 36 22 Opex 24 14 Profit after Tax 9 6 Mutual Fund: Business performance snapshot Key Metrics for the quarter Business Update Equity AUM at $10,148 Mn, up 32% YoY; Equity AUM ($ Mn) 10,148 Crossed $10,500 Mn in Jul 26 AUM grew by 16% YoY to $18,626 Mn AUM ($ Mn) 18,626 Net equity inflows of $677 Mn in the quarter, up 2.5x YoY SIP book grew by 63% YoY to $74 Mn SIP Book ($ Mn) 74 Retail folios at 40 lakhs, up 49% YoY SIF AUM crossed $600 Mn; Retail Folios (Lakhs) 40 Launched 2nd SIF fund - Altiva Equity Ex-Top 100 SIF Mutual Fund: Financial performance snapshot $ Mn Quarter ended Quarter ended Jun 26 Jun 25 AUM 18,626 16,089 Equity AUM 10,148 7,675 Equity 27 24 Revenue 12 8 Opex 7 5 Profit after Tax 4 3 Robust growth in Equity AUM and customer base Equity AUM ($ Mn) SIP Book ($ Mn) Active Folios (# in Lakhs) 10,148 7,675 5,550 Jun 24 Jun 25 Jun 26 Jun 24 Jun 25 Jun 26 Jun 24 Jun 25 Jun 26 Asset Reconstruction: Business performance snapshot Key Metrics for the quarter Business Update Equity ($ Mn) 183 Recovered $32 Mn in the quarter Fee Paying AUM ($ Mn) 812 Acquired $32 Mn retail assets in the quarter Share of retail assets in capital employed increased to Recoveries ($ Mn) 32 26% Annualized RoE for the quarter improved to 13%, up ~200 Capital Adequacy 36% bps YoY Asset Reconstruction: Financial performance snapshot $ Mn Quarter ended [Showing first 8,000 characters — download PDF for full document]