Earnings Update

EW/Sec/2026-27/212 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 INR) 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 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 INR 5,959 Cr INR 11,160 Cr Net Worth Net Debt INR 57 INR 122 Cr (FV ₹1) Consol PAT (Post MI) BVPS Diversified with seven high-quality businesses In INR 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: 1,160 Cr 255 Cr 1,727 Cr 1,829 Cr 849 Cr 412 Cr 655 Cr 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 INR 122 Cr Alternative Asset Management Fee Paying AUM (FPAUM) grew by 27% YoY to INR 48,623 Cr Mutual Fund Equity AUM increased by 32% YoY to INR 96,000 Cr; Crossed INR 1 Tn in Jul 26 2 Our total customer reach increased to 14 Mn, up 30% YoY Customer assets at INR 2.8 Tn, up 23% YoY 3 Resilient balance sheet with well-capitalised businesses Corporate net debt declined by 10% YoY to INR 5,725 Cr BVPS at INR 57, up 19% YoY 4 On track on our key priorities for FY27 Earnings distribution across businesses INR Cr Quarter Ended Profit after Tax Jun 26 Jun 25 Alternative Asset Management 81 56 Mutual Fund 37 28 Asset Reconstruction 76 90 NBFC 4 6 Housing Finance (5) 4 General Insurance (4) (6) Life Insurance (30) 2 Operating Business PAT 161 179 Corporate PAT (26) (76) EFSL Consolidated PAT (Pre MI) 134 103 (Less) Minority Shareholders’ PAT 12 36 EFSL Consolidated PAT (Post MI) 122 67 83% YoY *Quarter ended Jun 25 PAT of Life Insurance includes one-off treasury gains of INR 49 Cr Key business highlights (1/2) Alternative FPAUM INR 48,623 Cr PAT INR 81 Cr Asset Mgt up 27% YoY up 45% YoY Equity AUM INR 96,000 Cr SIP Book INR 696 Cr Mutual Fund up 32% YoY up 63% YoY Asset Recoveries Retail assets acquisition Reconstruction INR 304 Cr INR 300 Cr Key business highlights (2/2) MSME Disbursals INR 353 Cr Wholesale Book reduced to NBFC tripled YoY INR 600 Cr Housing Disbursals AUM INR 4,900 Cr Finance INR 218 Cr up 14% YoY General GWP INR 415 Cr Policies issued 2,41,236 Insurance up 58% YoY up 68% YoY Gross Premium AUM INR 10,933 Cr Life Insurance INR 287 Cr 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 INR Cr Customer Assets 2,80,820 2,27,437 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 INR Cr Business Net Debt Housing Finance 2,075 NBFC 1,955 Asset Reconstruction 1,185 Alternative Asset Management 220 Corporate 5,725 Net Debt 11,160 Corporate net debt declined by 10% YoY Continue to maintain surplus liquidity cover Jul 26 to Jun 27 INR Cr Opening Available Liquidity (A) 6,100 Inflows Expected Inflows 8,900 Fresh Borrowings 3,000 Total Inflows (B) 11,900 Outflows Repayments 7,600 Disbursements 4,700 Total Outflows (C) 12,300 Closing Available Liquidity (A+B-C) 5,700 Assets in each tenor range adequately cover liabilities INR Cr Assets Liabilities Excess / (Gap) Up to 1 year 10,300 9,400 900 1-3 years 13,600 12,800 800 7,400 3,100 4,300 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 INR Cr 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% INR Cr PAT for quarter ended June General Insurance Life Insurance Jun 25 Jun 26 (30) (47) (34) (53) Life Insurance PAT for quarter ended Jun 25 is excluding one-off treasury gains of INR 49 Cr Calibrated scale up in MSME and Housing Finance AUM AUM as of quarter ended June INR Cr NBFC (MSME) Housing Finance 4,900 1,763 4,301 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 (INR Cr) 48,623 Fee Paying AUM grew by 27% YoY to INR 48,623 Cr PAT increased 45% YoY to INR 81 Cr 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 (INR Cr) 14,137 manager Strengthened Sekura, our asset operating and management platform, through enhanced operating Realisation (INR Cr) 3,473 capabilities Alternative Asset Mgt: Financial performance snapshot INR Cr Quarter ended Quarter ended Jun 26 Jun 25 Fee Paying AUM 48,623 38,157 Equity 1,160 1,046 Annualized RoE 29% 22% Total Income 336 212 Opex 230 134 Profit after Tax 81 56 Mutual Fund: Business performance snapshot Key Metrics for the quarter Business Update Equity AUM at INR 96,000 Cr, up 32% YoY; Equity AUM (INR Cr) 96,000 Crossed INR 1 Tn in Jul 26 AUM grew by 16% YoY to INR 1,76,200 Cr AUM (INR Cr) 1,76,200 Net equity inflows of INR 6,400 Cr in the quarter, up 2.5x YoY SIP book grew by 63% YoY to INR 696 Cr SIP Book (INR Cr) 696 Retail folios at 40 lakhs, up 49% YoY SIF AUM crossed INR 6,000 Cr; Retail Folios (Lakhs) 40 Launched 2nd SIF fund - Altiva Equity Ex-Top 100 SIF Mutual Fund: Financial performance snapshot INR Cr Quarter ended Quarter ended Jun 26 Jun 25 AUM 1,76,200 1,52,200 Equity AUM 96,000 72,600 Equity 255 230 Revenue 113 77 Opex 62 43 Profit after Tax 37 28 Robust growth in Equity AUM and customer base Equity AUM (INR Cr) SIP Book (INR Cr) Active Folios (# in Lakhs) 96,000 72,600 426 27 52,500 260 17 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 (INR Cr) 1,727 Recovered INR 304 Cr in the quarter Fee Paying AUM (INR Cr) 7,684 Acquired INR 300 Cr retail assets [Showing first 8,000 characters — download PDF for full document]