Transcript of Earnings conference call held on 12th August 2026

RHFL/SE/38/2026-27 17th August, 2026 National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai-400 051 Mumbai- 400001 NSE Symbol: REPCOHOME BSE Security Code: 535322 Kind Attn: Listing Department Dear Sir/Madam, Sub: Transcript of Analyst/Investor Conference Call held on 12th August, 2026 Ref: Our letters Ref no. RHFL/SE/31/2026-27 and RHFL/SE/36/2026-27 dated 06th August, 2026 and 12th August, 2026 respectively, regarding Earnings Conference call In continuation to our above referred letters, please find attached the Transcript of Analyst/ Investor conference call/earnings call held on 12th August, 2026. The aforesaid Transcript will also be made available on the Company’s website www.repcohome.com. This intimation is submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the above intimations on record. Thanking You, Yours faithfully, For Repco Home Finance Limited Ankush Tiwari Company Secretary & Compliance Officer “Repco Home Finance Limited Q1 FY2027 Earnings Call” August 12, 2026 Management: Mr. T. Karunakaran – Managing Director & Chief Executive Officer – Repco Home Finance Limited Mr. P. K. Vaidyanathan – Whole-Time Director & Chief Development Officer – Repco Home Finance Limited Mr. M. Raja – Chief Business Officer – Repco Home Finance Limited Mr. A. Palpandi – Chief Operating Officer – Repco Home Finance Limited Mr. Ankush Tiwari – Company Secretary & Compliance Officer – Repco Home Finance Limited Ms. Shanthi Srikanth – Chief Financial Officer – Repco Home Finance Limited Page 1 of 14 Repco Home Finance Limited August 12, 2026 Moderator: Ladies and gentlemen, good day and welcome to Repco Home Finance Limited Q1 FY2027 Earnings Call hosted by Yes Securities Limited. Please note all participants are currently in listen only mode. There will be an opportunity for you to ask questions following the conclusion of the management's opening remarks. Please note that this conference is being recorded. I now hand the conference over to Mr. Rajiv Mehta from Yes Securities. Thank you and over to you. Rajiv Mehta: Yeah, thanks Swapnil. Good evening, everyone. Thank you for joining this Q1 FY2027 Conference Call of Repco Home Finance. From the management team, we have Mr. T. Karunakaran, MD and CEO, Mr. P. K. Vaidyanathan, Whole-Time Director and Chief Development Officer, Mr. M. Raja, Chief Business Officer, Mr. A. Palpandi, Chief Operating Officer, Mr. Ankush Tiwari, Company Secretary and Compliance Officer, and Ms. Shanthi Srikanth, Chief Financial Officer. With this, I hand over the call to Mr. Karunakaran for his opening remarks, post which we can open the floor for Q&A. T. Karunakaran: Yes, thanks Mr. Rajiv. Good evening to everyone. I would like to welcome to the earning call of our Company for the quarter ended June 30, 2026. First, I thank you all for joining in this call. The detailed financial results and operational highlights have already been shared in the investor presentation and published earlier and also available in our website. For the benefit of attendees who have not had the opportunity to review the financials, I will brief the performance of our Company before we move into the Q&A sessions. Our sanctions stood at Rs.938 Crores as against Rs.907 Crores in FY2026 and disbursements at Rs.843 Crores as compared to Rs.829 Crores in Q1 FY2026. In the month of April, we have transferred a few branch heads and second line officers and in the month of May, we have promoted an eligible candidate to next cadre. This is the process we used to conduct every year. This year, this process affected our disbursement in June quarter. Now our people are settled in the new places of posting. Disbursements are happening as per our expectations. July disbursement and disbursement from August 1, 2026, to till date are in line with our expectations and AUM stands at Rs.15,990 Crores as end of June 30, 2026. We have seen 8.9% year-on-year growth in the AUM. The Rs.15,990 Crores is excluding disbursed cheque but not realized. Almost 57% of our book is coming from Tamil Nadu. Our book is well diversified. We have not seen significant shift or changes in salaried and non-salaried profile of the borrowers. The ratio of exposure between non-salaried and salaried segments stood at 53.5 % and 46.5 % respectively. The share of non-HL that is a home equity loan is stood at 29% and home loan stood at 71% as end of June 2026. Page 2 of 14 Repco Home Finance Limited August 12, 2026 In respect of book quality, we continue to maintain a strong focus on asset quality. As end of the June, our GNPA in absolute terms, stood at Rs.427 Crores with the GNPA ratio of 2.7% compared to Rs.405 Crores and 2.6% in the previous quarter of the same period. On year-on- year basis, we have seen significant improvement in asset quality. Our gross NPA was 485 crores as end of the June 2025, and our gross NPA stood at Rs.425 Crores as end of the June 2026. We have seen substantial reduction in NPA on year-on-year basis. In terms of percentage also, we have seen improvement on year-on-year basis. Our systematic and regular follow-up would result reduction in NPA in going forward. Our NPAs and over dues in new loan book is under control. Coming to the provisions, the ECL provision, the cumulative ECL provision, as on June 30, 2026, stood at Rs.352 Crores. Our PCR that means stage three provision to stage three gross assets is about 54%. Coming to stage two, our stage two numbers are at 7.2%, broadly stable compared with 7% in the previous quarter and showing a significant improvement from 9.7% a year ago. In stage two and as well as NPA accounts, we are recovering, but the recoveries are not sufficient to upgrade to account as a standard. We are making a substantial recovery in both stages, stage two as well as stage three, along with the penal interest, other charges we are recovering, but recoveries are not sufficient enough to upgrade them to a higher category. Coming to the borrowing side, the cost of funds of the Company stood at 8.3%. The borrowing mix remains at 86% from banking system and 6.2% from NHB and 4.8% from Repco Bank and out of total borrowings, NCD contribution is about 1% and about 0.5% from CPs and PTC. During the current financial year, we have received a refinance support from National Housing Bank to the extent of Rs.600 Crores. Out of Rs.600 Crores, we already availed Rs.106 Crores during the first week of August. Remaining amount will be utilized shortly as and when we need funds. Coming to the profitability, our net interest income increased to Rs.216 Crores as against Rs.207 Crores in last June. Our NIM for current quarter stood at 5.4. We are able to maintain a 3.4% spread for quarter ended June 2026. Our net profit stood at Rs.114 Crores as against Rs.108 Crores in the previous year. Our ROE and ROA stood at 12.7% and 2.9% respectively. We have taken various steps to reduce our cost. If you see the numbers, we have seen reduction in cost year-on-year basis as well as sequentially. Our cost-to-income ratio stood at about 26%. As end of June, our credit cost stood at 0.2%. During the current quarter, we have not opened any new branches. Our branch count stood at 242 branches. Out of 242 branches, about 32 satellite centres we are having. For current financial year, we want to open another Page 3 of 14 Repco Home Finance Limited August 12, 2026 12 to 13 branches and many of the branches will be in places like AP, Telangana and Karnataka and West side of our country. This is our performance of June quarter. Going forward, our priorities will be to accelerate the disbursements, our transfers. The promotion exercise slightly affected our disbursements. Now our people are settled, so we will accelerate our disbursement while growing. We want to maintain the quality in the asset. We do not want d [Showing first 8,000 characters — download PDF for full document]