Please find attached the transcript of Q1 FY 2026-27 results conference call held on August 11, 2026.

Ref: SEC/ SE/ 113/ 2025-26 August 17, 2026 BSE Limited National Stock Exchange India International Exchange Phiroze Jeejeebhoy of India Limited (IFSC) Ltd Towers 5th Floor, Exchange 1st Floor, Unit No. 101, The Dalal Street Plaza Signature, Mumbai- 400001 Bandra (East) Building no. 13B, Road 1C, Zone 1, Scrip Code: 531213 Mumbai – 400 051 GIFT SEZ, GIFT City, Scrip Code: Gandhinagar, Gujarat – 382355 MANAPPURAM Dear Madam/Sir Sub: Transcript of Q1 FY 2026-27 Results Conference Call held on August 11, 2026 Please find attached the transcript of the Q1, FY 2026-27 Results Conference Call held on August 11, 2026. The same has also uploaded on the website of the company: https://www.manappuram.com/investor-call We request you to take the same on record. Thanking You. For Manappuram Finance Limited Aparna Menon Company Secretary “Manappuram Finance Limited Q1 FY27 Earnings Conference Call” August 11, 2026 MANAGEMENT: MR. VP NANDAKUMAR – CHAIRMAN AND MANAGING DIRECTOR – MANAPPURAM FINANCE LIMITED DR. SUMITHA NANDAN – EXECUTIVE DIRECTOR – MANAPPURAM FINANCE LIMITED MR. BUVANESH THARASHANKAR - GROUP CHIEF FINANCIAL OFFICER AND CHIEF FINANCIAL OFFICER – MANAPPURAM FINANCE LIMITED MR. MANOJ PASANGHA – CO- CHIEF EXECUTIVE OFFICER – ASIRVAD MICROFINANCE LTD DR. ROY VARGHESE, CO-CHIEF EXECUTIVE OFFICER -- ASIRVAD MICROFINANCE MR. AMANDEEP SINGH – CHIEF FINANCIAL OFFICER -- ASIRVAD MICROFINANCE MR. RAKESH SHARMA -- CO-CHIEF EXECUTIVE OFFICER -- MANAPPURAM HOME FINANCE MR. ROBIN KARUVELY – CHIEF FINANCIAL OFFICER – MANAPPURAM HOME FINANCE MODERATOR: MR. ABHIJIT TIBREWAL - MOTILAL OSWAL FINANCIAL SERVICES LIMITED Moderator: Ladies and gentlemen, good day, and welcome to the Manappuram Finance Q1 FY27 Earnings Conference Call. 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 the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. Page 1 of 15 Manappuram Finance Limited August 11, 2026 Please note this conference is being recorded. I now hand the conference over to Mr. Abhijit Tibrewal from Motilal Oswal Financial Services Limited. Thank you, and over to you, sir. Yes. Abhijit Tibrewal: Thank you, Steev. Good evening, everyone. I am Abhijit Tibrewal from Motilal Oswal and it is our pleasure to welcome you all to this earnings call. Thank you very much for joining us for Manappuram Finance earnings call to discuss the Q1 FY27 earnings. To discuss the company's earnings, I am pleased to welcome Mr. VP Nandakumar, Chairman and MD; Dr. Sumitha Nandan, Executive Director; Mr. Buvanesh Tharashankar, Group CFO and CFO; Mr. Manoj Pasangha, Co-CEO, Asirvad Microfinance; Dr. Roy Varghese, Co-CEO, Asirvad Microfinance, Mr. Amandeep Singh, CFO, Asirvad Microfinance Mr. Rakesh Sharma, Co-CEO, Manappuram Home Finance, , and Mr. Robin Karuvely, CFO, Manappuram Home Finance. On behalf of Motilal Oswal, we thank the senior management and the Investor Relations team of Manappuram Finance for giving us this opportunity to host you today. I now invite Mr. Nandakumar for his opening remarks. With that, over to you, sir. VP. Nandakumar: Thank you. So good evening, everyone, and thank you for joining us for Manappuram Finance Q1 FY'27 Analyst and Investor Call. It's a pleasure to connect with all of you once again as we discuss our performance for the first quarter of FY27 and share our perspective on the opportunities and priorities shaping the year ahead. Operating environment. The first quarter of FY27 witnessed a resilient operating environment for the Indian economy despite persistent geopolitical uncertainties and volatility in global commodity markets. India's macroeconomic fundamentals remain strong, supported by healthy domestic consumption, improving rural demand, sustained infrastructure spending and a stable financial system. Credit demand across the banking and NBFC sectors continued to remain healthy while asset quality across secured lending portfolios remained resilient. Consolidated financial performance overview. Our performance during the quarter reflects the inherent strength of our diversified business model and the resilience of our core gold loan franchise. Consolidated AUM for Q1 '27 was at INR69,635 crores, up by 9% QOQ and up by 57% year- on-year. Consolidated gold loan AUM for Q1 FY'27 was at INR57,006 crores. It is 82% of our consolidated AUM versus 80% for Q4 FY'26. Consolidated revenue from operations for the quarter stood at INR3,033 crores, up by 16% QOQ and up by 34% year-on-year. Profit After Tax stood at INR585 crores, up by 45% QOQ and up by 47% year-on-year. Coming to gold loan business. The gold loan business continued to be our primary growth engine. At the same time, we maintain a disciplined approach towards risk management across all businesses, with asset quality, liquidity and capital preservation continuing to be main key priorities. Page 2 of 15 Manappuram Finance Limited August 11, 2026 With over four decades of experience in secured lending, Manappuram Finance has built one of the country's most trusted gold loan franchises. Stand-alone gold loan AUM for Q1 FY27 was at INR54,655 crores, up by 12% quarter-on-quarter and up by 97% year-on-year. As guided earlier quarter, our gold loan yield has improved by 59 basis points during the quarter. Coming to microfinance business. Our microfinance business under Asirvad continues to operate in a calibrated manner. Microfinance companies have witnessed industry-wide stress over the few years. However, the strategic measures implemented over the last several quarters are beginning to deliver encouraging outcomes. Our balance sheet remains robust, supported by healthy capital adequacy, diversified funding sources and comfortable liquidity buffers. This provides us with flexibility to pursue growth opportunities by maintaining financial resilience in an evolving operating environment. Asirvad AUM stands at INR7,188 crore, up by 5.8% QOQ and up by 7.2% year-on-year. Asirvad has reported a PAT of INR21 crores in this quarter, up by 58% QOQ and up by 108% year-on-year. Coming to housing and MSME lending business. Our housing finance and MSME lending business continue to focus on profitable growth while maintaining strong credit discipline. Rather than pursuing rapid balance sheet expansion, we remain committed to building sustainable businesses that generate healthy returns over the long term. Coming to priorities for Manappuram. It is remaining unchanged. We continue to strengthen our senior leadership team. Mr. Ashish Singh has been appointed as the MD and CEO and expected to join by January 1st of 2027. He is a seasoned banker with over 25 years of experience in the retail banking space and his latest experience at the IDFC First Bank has set off retail liabilities. He previously has leading private banking business. Moving forward, we continue to maintain our leadership in the gold loan business through customer-centric innovation and digital capability and operational excellence. Simultaneously, we will focus on improving the performance of diversified business through disciplined underwriting, strong portfolio quality and sustainable profitability. Technology, governance, and operation efficiency continue to remain important of our strategy as we build a more agile and future-ready organization. While the operating environment will continue to evolve, we believe that instituting in strong governance disciplined execution, trust brands and prudent risk management will emerge stronger over the long term. With our resilient business model, robust capital position, and diversified financial services platform, we are well positioned to capitalize on the significant opportunities ahead. With that, I now hand over the call to our President and Group CFO, Mr. Buvanesh [Showing first 8,000 characters — download PDF for full document]