Paisalo Digital Limited's Board of Directors, at its meeting held on May 10, 2026, approved the audited standalone and consolidated financial results for the fourth quarter and full year ended March 31, 2026. The results were reviewed by the Audit Committee at its meeting held on May 9, 2026, and audited by statutory auditors Saket Jain & Co., Chartered Accountants, who issued an unmodified audit opinion on both standalone and consolidated financial statements. The consolidated financial results include the results of wholly owned subsidiary Nupur Finvest Private Limited, a RBI-registered Non-Banking Finance Company. The financial results were subsequently published in newspapers on May 11, 2026, pursuant to applicable regulations of SEBI (LODR) Regulations, 2015. In furtherance of its disclosure obligations, Paisalo Digital also held a Q4FY26 Earnings Conference Call on May 11, 2026, with the audio recording now hosted on the company's website.

Key Operational Highlights

Paisalo Digital's FY26 operational metrics reflect broad-based growth across business parameters. The company's Assets Under Management (AUM) grew 17% year-on-year to ₹61,009 Mn, while revenue rose 22% YoY to ₹9,437 Mn. Profit After Tax (PAT) increased 19% YoY to ₹2,372 Mn. The company expanded its reach across 22 states, serving 16 million lives through 5,299 touch points. Promoter stake stood at 41.7%, reflecting a 4.7% YoY increase. Net NPA (NNPA) remained low at 0.61%.

Standalone Financial Performance

Paisalo Digital's standalone financials reflect broad-based income growth for FY26. Total income for the full year rose to ₹91,740.63 lakh from ₹73,483.19 lakh in FY25, driven primarily by interest income, which increased to ₹87,867.09 lakh from ₹66,023.60 lakh. The following table summarises key standalone financial metrics:

Total expenses on a standalone basis for FY26 stood at ₹60,157.65 lakh compared to ₹47,023.20 lakh in FY25. Employee benefit expenses were ₹7,435.43 lakh for FY26, while impairment on financial instruments rose to ₹3,764.84 lakh from ₹1,868.43 lakh in the prior year.

Consolidated Financial Performance

On a consolidated basis, Paisalo Digital reported total income of ₹94,369.76 lakh for FY26, compared to ₹77,110.66 lakh in FY25. Consolidated interest income for the year was ₹90,471.96 lakh, up from ₹69,636.70 lakh. The table below presents the consolidated performance highlights:

Balance Sheet and Key Financial Ratios

The standalone balance sheet as at March 31, 2026 showed total assets of ₹6,19,165.93 lakh, compared to ₹5,08,612.36 lakh as at March 31, 2025. The standalone loan book stood at ₹5,79,400.67 lakh, up from ₹4,75,074.95 lakh. On a consolidated basis, total assets were ₹6,29,973.32 lakh against ₹5,25,459.71 lakh in the prior year, with consolidated loans at ₹5,92,950.57 lakh. The standalone cash and cash equivalents at the end of the period stood at ₹14,982.18 lakh, while on a consolidated basis, cash and cash equivalents closed at ₹15,000.88 lakh. Key financial ratios as at March 31, 2026 are presented below:

Cash Flow Highlights

On a standalone basis, net cash from operating activities for FY26 was ₹(85,453.55) lakh, while net cash from financing activities was ₹91,590.34 lakh, resulting in a net increase in cash and cash equivalents of ₹4,615.41 lakh. On a consolidated basis, net cash from operating activities was ₹(78,276.16) lakh and net cash from financing activities was ₹84,317.49 lakh, with a net increase in cash and cash equivalents of ₹4,519.95 lakh. The standalone cash and cash equivalents at the beginning of the period were ₹10,366.77 lakh, closing at ₹14,982.18 lakh, while consolidated cash and cash equivalents opened at ₹10,480.93 lakh and closed at ₹15,000.88 lakh.

Debt Issuances During the Quarter

During the quarter ended March 31, 2026, the company issued the following Non-Convertible Debentures and Commercial Papers:

The asset cover available as on March 31, 2026 in respect of listed secured debt securities is 1.10 times. All secured NCDs are secured by way of an exclusive/first pari-passu charge on receivables as stated in the respective transaction documents. Additionally, the Board approved raising of funds through issuance of Non-Convertible Debt Securities on a private placement or public issue basis, subject to the borrowing limit of ₹9,000 Crores as approved by shareholders through a Special Resolution passed on September 29, 2025. The public issue component envisages up to 90,00,000 Secured, Rated, Listed Redeemable Non-Convertible Debentures of face value ₹1,000 each, aggregating up to ₹900 crore, to be issued in one or more tranches.

Dividend, Management Changes and Other Disclosures

The Board of Directors has recommended a final dividend of 10% (i.e., Re. 0.10) per fully paid equity share of face value Re. 1.00 each for the year ended March 31, 2026, subject to approval by shareholders at the ensuing Annual General Meeting. The paid-up equity share capital as at March 31, 2026 stood at ₹9,095.84 lakh.

The Board also approved changes in the role and designation of two senior managerial personnel, effective May 11, 2026. The key personnel changes are detailed below:

Mr. Gaurav Chaubey holds a Bachelor's degree in Science from Kumaun University and a Master's in Management Studies from Motilal Nehru National Institute of Technology Allahabad, with over 22 years of experience in the banking and financial services industry. Mr. BVSKT Bhaskar holds a Master's degree in Commerce and is a Certified Associate of the Indian Institute of Bankers, with over 36 years of experience in the banking industry. The company operates in a single business segment, namely financing, and accordingly there are no separate reportable segments as per IND AS 108. The financial results have been prepared in accordance with Indian Accounting Standards under Section 133 of the Companies Act, 2013 and in compliance with SEBI (LODR) Regulations, 2015.

Q4FY26 Earnings Conference Call

In continuation of its investor engagement, Paisalo Digital held its Q4FY26 Earnings Conference Call on May 11, 2026, as previously intimated to the stock exchanges vide a letter dated May 05, 2026. The presentation made to participants was disclosed to the exchanges on the same date. The audio recording of the earnings call has been hosted on the company's website and is available at https://paisalo.in/Content/Audio/Arihant%20Cap-Paisalo%20Digital-May11-2026.mp3 .

Paisalo Digital Limited has filed its fund utilisation statement for the quarter ended March 31, 2026, with BSE Limited and the National Stock Exchange of India Limited. The disclosure was made pursuant to Regulation 52(7) and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/DDHS_Div1/P/CIR/2022/0000000103 dated July 29, 2022. The company confirmed that all funds raised through debt securities and instruments during the quarter have been fully utilised for the purposes outlined in the respective Key Information Documents and offer documents.

Fund Utilisation Overview

Paisalo Digital raised funds through two instruments during the quarter via private placement — Non-Convertible Debentures (NCDs) and Commercial Papers (CPs). The company confirmed complete utilisation of proceeds from both instruments for on-lending purposes, with no deviation or variation reported. The statement was reviewed and cleared by the Audit Committee, with no comments raised by either the committee or the auditors.

The following table summarises the fund utilisation details for the quarter ended March 31, 2026:

Deviation and Variation Statement

As part of the regulatory disclosure, Paisalo Digital also submitted a detailed statement of deviation or variation in the use of issue proceeds. The company confirmed that there was no deviation or variation in the utilisation of funds raised under either instrument. Both instruments were utilised solely for on-lending, consistent with the original objects stated in the fund-raising documents. No modified objects or modified allocations were applicable, and no explanation for deviation was required.

For reference, the regulatory framework defines deviation or variation to include:

• (a) Deviation in the objects or purposes for which the funds have been raised
• (b) Deviation in the amount of funds actually utilised as against what was originally disclosed
• (c) Change in terms of a contract referred to in the fund-raising document, such as a prospectus or letter of offer

Regulatory Compliance and Signatories

The fund utilisation statement was signed by Manendra Singh, Company Secretary of Paisalo Digital Limited, and the deviation statement was certified by Sunil Purushottam Agarwal, Managing Director, both dated May 10, 2026. The Audit Committee reviewed the statement and offered no adverse comments, and no auditor remarks were recorded. The filing reaffirms the company's compliance with applicable SEBI listing obligations for the quarter ended March 31, 2026.