LAXMI INDIA FINANCE LIMITED – Investor Presentation Summary

Key Operational Highlights

  • Assets Under Management (AUM) reached ₹1,584.90 crore as of June 30, 2026, representing 31.14% YoY growth
  • Customer base expanded significantly with approximately 43,950 customers across 6 states
  • Branch network expanded to 184 touchpoints across Tier I, II & III cities with deep rural & semi-urban presence
  • Disbursements showed strong growth momentum during the quarter
  • 37.1% of borrowers were first-time borrowers, reflecting focus on under-served segments
  • 25% of borrowers are rural/semi-rural women entrepreneurs

Key drivers of operational performance: Geographic diversification through calibrated expansion into new markets, branch-led relationship model, and technology-enabled operations reducing turnaround times.

Segment-wise Performance

  • Vertical-wise AUM split shows diversified lending profile across business loans, vehicle finance, and other products
  • The company serves multiple customer segments including salaried professionals, self-employed business owners, MSME customers, and vehicle owners
  • Multi-channel sourcing through branches, direct sales associates, and Laxmi Mitra referral app

Explanation of significant changes in segment performance: Growth driven by deeper penetration in existing markets and expansion into adjacent markets through the cluster-based branch expansion model.

Financial Highlights

Revenue: Not explicitly stated as revenue line; Total Income (Net of Interest Expense) stood at ₹55.54 crore for Q1 FY27

EBITDA: Not explicitly disclosed in the presentation

PAT: ₹16.43 crore for Q1 FY27

EPS: Not explicitly calculated in the presentation

Margins: Net Interest Margin expanded due to better pricing discipline; Spreads improved during the quarter

YoY/QoQ comparison: PAT increased 70.17% YoY from ₹9.65 crore in Q1 FY26; Total Income increased 50.73% YoY from ₹36.85 crore

Drivers of financial performance: Higher Net Interest Income growth of 38.97% YoY to ₹47.06 crore, improved pricing discipline, and scale benefits

Comparison to market estimates: Not provided in the presentation

Key Risks: Not explicitly disclosed in the presentation

Geographical Revenue Split

Domestic vs Export/Regional Revenue: The company operates across 6 states in India with focus on Tier I, II & III cities

Domestic: 100% of operations are domestic

Export: 0% export revenue

Regional Breakdown: Operations span across 6 states with deep presence in rural and semi-urban areas

Balance Sheet Snapshot

Net Debt/Equity: 2.57x as of June 30, 2026

Reserves: ₹456.60 crore as of June 30, 2026

Current Assets/Liabilities: Not explicitly detailed in the presentation

Working Capital/Leverage Metrics: Total borrowings stood at ₹1,496.79 crore (including debt securities)

Financial Health Insights: Strong liquidity position of ₹255.87 crore, net worth of ₹482.79 crore showing 79.81% YoY growth

Capex & Cash Flow Health

Capital Expenditure: Not explicitly disclosed in the presentation

Free Cash Flow: Not explicitly disclosed in the presentation

Operating Cash Flow: Not explicitly disclosed in the presentation

Net Debt Movement: Borrowings increased 32.45% YoY to ₹1,441.74 crore

Investment Rationale: Focus on technology advancement across sourcing, underwriting and servicing to reduce turnaround time

Strategic & R&D Initiatives

Investments in Innovation: Technology tools including Tab-based LOS, Synofin LMS/LOS, Synno CRM, automated workflows, CKYC, and NPA Management

Expected impact on growth: Reduced turnaround time (24-48 hours for CV loans; 7-10 days for MSME), enhanced customer experience, and improved operating scalability

Strategic Rationale: Digital-first operations with various tech tools enabling faster processing and better customer experience

Industry Trends & Business Environment

Macro/Industry Trends: Not explicitly discussed in the presentation

Impact on Company: Not explicitly discussed in the presentation

Management Commentary & Growth Outlook

Strategic Outlook: Medium-term focus on operating leverage & profitability with targeted ROA of 3.50%-3.75% and ROE of 13.50%-14.00%

FY Guidance: Targeting approximately 30% AUM CAGR through geographic diversification and branch expansion

Market Share Targets: Not explicitly provided

Risks and Opportunities: Not explicitly highlighted beyond the strategic priorities

Governance & Management

  • Mr. Deepak Baid serves as Managing Director, a first-generation entrepreneur with over two decades of experience
  • Experienced senior management team with 12-18+ years of experience across functions
  • Board includes independent directors with extensive banking and financial services experience
  • Strong lender network with 50+ PSU, SFB, FI & NBFC partners with zero delays/defaults since inception

Asset Quality Update

  • GNPA: 2.08% as of June 30, 2026
  • NNPA: 1.47% as of June 30, 2026
  • Credit Cost: ₹3.69 crore for Q1 FY27 (115.79% YoY increase)
  • Provisioning Coverage: PCR Stage 3 at 55.22%, PCR Stage 2 at 2.26%, PCR Stage 1 at 0.39%
  • Stage-wise movement shows controlled Stage-3 exposure with adequate provisioning buffers

Capital Adequacy

  • Capital Adequacy Ratio (CRAR): 28.36% as of June 30, 2026
  • The company noted that CRAR for FY2026 would be 26.91% if unencumbered surplus liquidity is parked in form of FDs instead of Corporate Bonds

Shareholding Pattern

  • Promoter & Promoter Group: 60.17% holding
  • Other Shareholders: 39.83% held by public
  • Foreign Portfolio Investors: 1.40%
  • Alternative Investment Fund: 5.32%
  • Non-Resident Indians: 0.41%