• Event Type: Earnings conference call for the quarter ended June 30, 2026 (Q1 FY27)
  • Event Date and Time: July 22, 2026 (specific time not mentioned in the document)
  • Purpose: Discussion of quarterly results and strategic update
  • Timing Relative to Earnings: The call was held after the earnings announcement, as referenced by "further to our earlier intimation dated July 16, 2026"
  • Management Participants:
  • Mr. Nirmal Jain – Managing Director – IIFL Finance Limited
  • Mr. Venkatesh N – MD – IIFL Samasta Finance Limited
  • Mr. Girish Kousgi – MD and CEO – IIFL Home Finance Limited
  • Mr. Vikas Jain – Chief Financial Officer – IIFL Finance Limited
  • Availability of Materials: The transcript of the earnings conference call was made available on the company website at https://www.iifl.com/iiflfinance/financial
  • UPSI Confirmation: The company explicitly confirmed that "no unpublished price sensitive information was shared or discussed during the said earnings conference call"

Financial Highlights Discussed

  • Financial Period: Quarter ended June 30, 2026 (Q1 FY27)
  • Profit After Tax: INR713 crores (up 14% quarter-on-quarter)
  • Pre-provision Operating Profit: INR1,252 crores (up 50% YoY, 7% QoQ)
  • Consolidated AUM: INR1,15,523 crores (up 38% YoY, 7% QoQ)
  • Gold Loan AUM: INR58,406 crores
  • Asset Quality: Gross NPA 1.6%, Net NPA 0.8% (both stable, slightly up by 9 basis points QoQ)
  • Provision Coverage Ratio: 94%
  • Assigned Loan Book: INR26,118 crores (up 73% YoY, 10% QoQ)
  • Co-lending Assets: INR14,647 crores (up 27% YoY, 20% QoQ)
  • Cost of Borrowing: 9.13% (decreased by 3 basis points QoQ, 33 basis points YoY)
  • Liquidity: Raised INR17,183 crores through term loans, bonds, commercial paper; INR5,283 crores through direct assignment; Cash and committed credit lines of INR7,148 crores
  • ROE: 19.5% (annualized)
  • ROA: 3.1%
  • EPS: INR15.9 per share (basic)
  • Capital Adequacy: NBFC 17.1%, HFC 41.7%, Samasta 24.9%

Strategic and Forward-looking Statements

  • Gold Prices: Management noted elevated gold prices supporting growth but acknowledged sharp correction as a tail risk
  • Growth Strategy: Focus on maintaining loan-to-value discipline and collections in gold loans
  • Business Performance: Home finance and microfinance businesses had slower first quarter but structurally on track
  • Co-lending: Scaling with 15 active bank partners, expected to gather momentum
  • AI Implementation: AI-led operating model moving from pilot to measurable impact across collection, fraud detection, frontline productivity
  • Capital Raise: Board approved enabling resolution for fresh equity, subject to shareholders' approval in AGM
  • Credit Cost Guidance: Expected to be 1.5% to 1.7% for FY27
  • Rating Updates: Moody's assigned Ba3 Issuer rating with stable outlook; raised USD500 million through social bond issuances
  • ESG Rating: Crisil assigned ESG rating of Crisil ESG 66 and Core ESG rating of Crisil Core ESG 69

Additional Notes Section

  • Attachment: The transcript was included as an enclosure to the regulatory filing
  • Financial Data: Extensive financial data was disclosed in the conference call transcript
  • Compliance: Filed pursuant to Regulation 30 read along with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015