Geojit Financial Services Ltd · NSE:GEOJITFSL
Geojit Financial Services — Q2 FY27 Earnings Presentation
49 slides from Geojit Financial Services's earnings presentation, Oct 24, 2026
Slide 1: Earnings Update Q2 FY27 - Shareholders' Presentation cover letter
CIGEOJIT PEOPLE YOU PROSPER W ITH 23.10.2026 To, To, The Manager, The Manager, Listing Department, Listing Department, National Stock Exchange of India Limited, BSE Limited, 'Exchange Plaza', C-1, Block- G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex Dalal Street, Sandra (E), Mumbai - 400 051 Mu
Slide 2: Geojit Financial Services Q2 & H1FY27 Investor Presentation
GEOJIT FINANCIAL SERVICES Q2 & H1FY27 | Investor Presentation A Trusted Partner in Wealth Creation for four decades
Slide 3: Table of Contents
Company Business Overview Overview Table of Geojit Industry Contents 2.0 Overview Financial Highlights Thank You
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: A 39-Year Legacy Shaping Long-term Wealth Relationships
A 39-Year Legacy Shaping Long-term Wealth Relationships • Geojit Financial Services Ltd. is a leading integrated investment services and wealth management firm, serving retail, HNI and NRI clients • Pioneer in technology-led broking and advisory, with a strong focus on annuity-oriented revenue growt
Slide 6: Why We Are Different — The Geojit Model
Why We Are Different — The Geojit Model Who We Serve • India's aspirational savers — people who have trusted FDs, gold, and real estate, now seeking smarter financial pathways with guidance • 79% of our branches and 77% of our clients are in Tier 2 & Tier 3 cities, where the advice gap is widest and
Slide 7: How Geojit Is Different From Other Retail Brokers
How Geojit Is Different From Other Retail Brokers Geojit is increasingly positioned as an assisted, phygital wealth and distribution platform ( ₹ in Crores ) Other brokers lens VS Geojit lens Transaction-led Assisted-led F&O / churn dependent Cash / delivery-oriented Digital-Only and Physical-Only P
Slide 8: Our Differentiated Advantage
Our Differentiated Advantage Strong Research Robust Proprietary & Advisory Technology Stack Capability In-house platforms Flip, Smartfolios, FundsGenie and Equity/commodity STEPS driving growth, research + Advisory & efficiency and client PMS/AIF offerings experience International Rapidly Scaling Re
Slide 9: Digital + Physical Access Delivers Strongest Outcomes
Digital + Physical Access Delivers Strongest Outcomes Digital Access (Anytime, Anywhere) ( ₹ in Crores ) Built for Phygital India from Day One DIGITAL PLATFORMS PHYSICAL NETWORK Long-term Flip, FundsGenie, 529 offices across India & GCC Wealth Creation MyGeojit, Smartfolios 79% of branches & 77% of
Slide 10: Our People — Financial Consultants & Dealers
Our People — Financial Consultants & Dealers: The Backbone of Client Trust Financial Consultants Dealers BSE Branch Managers (FCs) Equity execution & advisory Business Support Executive Sales leadership & performance Wealth & distribution advisors specialists drivers Lead branch operations, drive Pr
Slide 11: Customer Stickiness - Moving From Account Ownership to Relationship Depth
Customer Stickiness - Moving From Account Ownership to Relationship Depth The strategic opportunity is to convert acquisition into multi-product engagement 5 PMS/AIF/ 4 wealth- management Geojit's human- relationship assisted network Insurance and provides a platform 3 lending to deepen product atta
Slide 12: Business Update – Q2FY27
Business Update – Q2FY27 MF Equity Market Share Client Acquisition 0.411% in Sept.26 31,481 up from 0.407% on Sept.25 New Clients SIP Market Share Asset Management AUM Growth SIP market share for the quarter (Geojit PMS & AIF AUM) stood at 0.479%, compared to 0.463% in the corresponding +39% quarter
Slide 13: Our Evolution: From Transactions to Wealth Relationships
Our Evolution: From Transactions to Wealth Relationships 2020 2022 2023 2024 2025 2026 STEPS financial Digital loan Launched digital Private Wealth Launched AIF Launched digital planning division against shares Loan Against division · Geojit (Yield Plus) & loan against Mutual Funds, Investments Ltd.
Slide 14: Experienced & Professional Management
Experienced & Professional Management CJ George Jones George Satish Menon Mini Nair Executive Chairman Managing Director Executive Director Chief Financial Officer 40+ years markets expertise Leads operations, digital business Commerce graduate AICWA CFP Chartered Account and across finance, governa
Slide 15: PAN India Presence
PAN India Presence Jammu & Kashmir 500+ offices across India Punjab Uttarakhand Chandigarh Delhi - NCR Haryana Uttar Pradesh Rajasthan Bihar We have presence in Assam Madhya Pradesh 20 States and 3 Union Gujarat Territories West Bengal Maharashtra Jharkhand Odisha Telangana Geojit network Goa Karnat
Slide 16: Strong Presence in the Gulf
Strong Presence in the Gulf Established Network in Key GCC Markets Enabling Strategic Synergies • Barjeel Geojit Financial Services UAE • First Indian UAE Asset Management Company • HQ in Dubai, Branches in Abu Dhabi & Sharjah • Geojit Private Wealth (DIFC) (P) Limited SYRIA IRAQ IRAN KUWAIT Bahrain
Slide 17: ESG & CSR Initiatives
ESG & CSR Initiatives Building Empowering Sustainable Communities Growth (CSR) (ESG) Environmental Corporate Social Governance Social Responsibility • Green building accreditation & resource efficiency • Digital Kerala history documentation program • Low-carbon, biodiversity-friendly operations • Fr
Slide 18: Business Overview
BUSINESS OVERVIEW
Slide 19: Diversifying Revenue Streams Enhancing Visibility & Stability
Diversifying Revenue Streams Enhancing Visibility & Stability SEGMENTAL REVENUE MIX* WEALTH A) TRANSACTION - MANAGEMENT B) RECURRING INCOME OTHER INCOME BASED SERVICES INCOME EQUITY AND FINANCIAL ASSET TREASURY & TECHNOLOGY & OTHER EQUITY RELATED PRODUCTS MANAGEMENT INVESTMENT PLATFORM OPERATING INC
Slide 20: Wealth Management Key Metrics
Wealth Management Key Metrics ( ₹ in Crores ) ARR Net Flow* MF Holding Clients Avg MF AUM per clients (in lakhs) 5.67 837 817 3,25,124 5.07 5.07 3,20,948 4.77 3,17,940 609 606 583 3.57 3,12,182 3,03,954 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Sep.25 Q3FY26 Dec.25 Q4FY26 Mar.26 Q1FY27 Jun.26 Q2FY27
Slide 21: Asset Management Key Metrics
Asset Management Key Metrics ( ₹ in Crores ) ARR Net Flows Number of Clients Geojit PMS & AIF AUM 322 2,619 2,293 2,360 2,018 2,137 2,201 1,778 1,553 1,449 1,428 71 83 86 42 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Sept.25 Dec.25 Mar.26 Jun.26 Sept.26 Q2FY26 Sep.25 Q3FY26 Dec.25 Q4FY26 Mar.26 Q1FY27 Jun.2
Slide 22: Transaction-Based Services Income – Equity & Equity Related
Transaction-Based Services Income – Equity & Equity Related Brokerage Services Customer Assets Revenue by Brokerage Vintage 1,11,989 1,11,445 54% 55% >7 Yrs 57% 60% 61% Hybrid Reach: Research Settlement & 5-7 Yrs Digital Advantage: Leverage: 1,09,947 9% 11% 2-5 Yrs 10% 10% platforms and Institutiona
Slide 23: Broking Business – B2B & Institutional Partnerships
Broking Business – B2B & Institutional Partnerships Through Geojit’s online trading platform Through Geojit’s Online Trading Platform, clients can trade seamlessly by: partner banks’ clients can: Blocking and Blocking and Set aside funds in View their bank Contact exclusive Call transferring funds i
Slide 24: Interest Income from Clients
Interest Income from Clients MTF-driven interest income benefits from rising retail participation, higher Lending Book ( ₹ in Crores ) trading intensity, and a growing secured lending book. 735 755 780 695 641 What drives this income Sept.25 Dec.25 Mar.26 Jun.26 Sept.26 MTF T+5 Lending Up to 4× LAS
Slide 25: Recurring Income
Recurring Income Recurring Revenue AUM 26,737 Annuity-Led Distribution & 23,230 Relationship-driven Advisory revenues with 21,425 1,044 Less dependent on 1,048 greater predictability short-term market 2,018 vs. transaction-based 17,871 850 volumes 961 revenues 509 1,449 12,149 1,095 1,262 4,177 739
Slide 26: Mutual Fund Distribution
Mutual Fund Distribution ( ₹ in Crores ) Mutual Fund AUM (ex Overseas Entities) Mutual Fund Income 18,501 18,449 35 34 34 35 17,767 33 16,751 16,115 Sept.25 Dec.25 Mar.26 Jun.26 Sept.26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Executed SIP SIP Clients (in Lakhs) 151 151 156 1.78 137 142 1.76 1.75 1.71 1.6
Slide 27: Mutual Fund Distribution
Mutual Fund Distribution ( ₹ in Crores ) Mutual Fund AUM (ex Overseas Entities) Mutual Fund Income 18,449 131 122 14,728 16,115 12,200 8,460 83 71 70 FY23 FY24 FY25 FY26 H1FY27 FY23 FY24 FY25 FY26 H1FY27 Mar.23 Mar.24 Mar.25 Mar.26 Sep.26 AUM Per Feet on Street MF Income by Client Vintage 9.21 8.25
Slide 28: Insurance Distribution
Insurance Distribution ( ₹ in Crores ) Total Commission Total Premium 41 227 175 152 27 25 96 103 18 36% 37% 24% 27% 13 37% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Total Premium New Premium % on Total Premium Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Number of Insurance Policies Average Premium Per Policy Life
Slide 29: Insurance Distribution
Insurance Distribution ( ₹ in Crores ) Total Premium Total Commission 87 549 78 399 234 290 278 66 43 24 34% 36% 30% 31% 31% FY23 FY24 FY25 FY26 H1FY27 FY23 FY24 FY25 FY26 H1FY27 Total Premium New Premium % on Total Premium Number of Insurance Policies Average Premium Per Policy Life Insurance Healt
Slide 30: Asset Management: Portfolio Management Services
Asset Management Portfolio Management Services (PMS) ( ₹ in Crores ) Geojit PMS AUM Geojit PMS Income 1,770 35 31 1,392 1,262 914 19 18 AUM Growth: ₹450 Cr (Mar.23) → ₹1,770 Cr (Sept.26) | ~4 times growth 450 8 Mar.23 Mar.24 Mar.25 Mar.26 Sept.26 FY23 FY24 FY25 FY26 H1FY27 5 Distinct Portfolios Adva
Slide 31: Asset Management: Geojit Alternate Investment Fund
Asset Management Geojit Alternate Investment Fund Alternate Investment Fund Geojit launched its Alternate Investment Fund offering, About the product Geojit Yield Plus - A Cat III AIF with an absolute return strategy Returns Strategies Financial Risk Profile Target an Alpha Use multi- Instruments Ma
Slide 32: Technology-Driven Investment Platforms
Technology-Driven Investment Platforms Enables business models that enhance ease of use and drive operational efficiency Advanced trading: real-time data & analytics 27 pre-curated • Heatmaps 100% digital stock baskets • Watchlists lending platform • Designed by • Options chains • Loans against SEBI
Slide 33: Industry Overview
Industry Overview
Slide 34: India's Wealth Management & Distribution: A Multi-Decade Growth Opportunity
India's Wealth Management & Distribution: A Multi-Decade Growth Opportunity Wealth Mutual Fund Insurance Management Distribution Distribution $1.1 trillion → $2.3 trillion ₹80L Cr+ AUM 4% of GDP India's insurance penetration vs 7% Wealth AUM FY24 to FY29 (BCG 2025) Industry AUM — 6x growth in 10 yea
Slide 35: Tier 2 & 3 Cities: India's Wealth Growth Story
Tier 2 & 3 Cities: India's Wealth Growth Story From ₹1.1 Lakh Crore (2016) to ₹15.5 Lakh Crore (2026) — A Decade of Unstoppable B-30 Growth B-30 Mutual Fund AUM — The Growth Journey (₹ Lakh Crore) 18.9% of total MF AUM Today's Landscape & Tomorrow's Opportunity ₹13.8 ₹14.4 ~28% CAGR FY16→FY26 ₹10.3
Slide 36: Geojit 2.0
GEOJIT 2.0
Slide 37: Re-shaping Geojit 2.0: The Transformation Story for the Next Phase of Growth
Re-shaping Geojit 2.0: The Transformation Story for the Next Phase of Growth Revenue Shift – FY23 to H1FY27 H1FY27 55% 40% 5% The shift in revenue- FY26 49% 38% 13% mix reflects Geojit’s strategy of scaling recurring, wealth and FY25 57% 32% 11% distribution-led income streams, while FY24 60% 27% 13
Slide 38: Transformation Pillar 1: Transitioning from a Broking-Led Model to Wealth & Distribution
Transformation Pillar 1: Transitioning from a Broking-Led Model to a Wealth & Distribution-Driven Shifting focus from past broking-led revenue dependence and aiming for a recurring income model, we seek to transform into a robust wealth and distribution-driven franchise prioritizing consistent reven
Slide 39: Transformation Pillar 2: Strengthening Global NRI Wealth Funnels
Transformation Pillar 2: Strengthening Global NRI Wealth Funnels Across the Middle East & GIFT City Advantage Channeling NRI Wealth as a Growth Engine for India NRI Entities 1st Indian 25+ Years $1 Billion+ licensed broker in UAE & in UAE · Dubai · Abu Dhabi · combined NRI AUM Oman since 2001 Sharja
Slide 40: Transformation Pillar 3: Digital-Led Distribution & Client Engagement
Transformation Pillar 3: Digital-Led Distribution & Client Engagement AI-Led Advisory • AI driven research • Portfolio diagnostics Data-Driven Decisions Scaling Distribution Through Digital & AI • Real Time sentiment tracking • Customer analytics Leverage AI, data, and integrated platforms to accele
Slide 41: Q2 & H1FY27 Financial Performance & Annual Highlights
Q2 & H1FY27 Financial Performance & Annual Highlights
Slide 42: Management Commentary – Q2 & H1FY27
Management Commentary – Q2 & H1FY27 “The second quarter of FY27 remained challenging for the Indian capital markets amid market corrections and volatility. Despite these headwinds, Geojit Financial Services demonstrated resilience, supported by healthy net-inflows and sustained customer engagement.
Slide 43: Financial Snapshot
Financial Snapshot ( ₹ in Crores ) Q2FY27 H1FY27 ₹ 165.82 ₹ 326.22 +2.55% YoY +6.72% YoY Revenue Revenue From Operations From Operations ₹ 36.70 ₹ 78.23 (15.40%) YoY (15.38%) YoY EBITDA EBITDA ₹ 16.28 ₹ 36.11 (30.66%) YoY (30.74%) YoY PAT PAT
Slide 44: Quarterly Performance
Quarterly Performance ( ₹ in Crores ) Revenue From Operations EBITDA 100 .0 90. 0 161.69 160.40 165.82 80. 0 70. 0 60. 0 50. 0 43.38 41.53 40. 0 36.70 30. 0 20. 0 10. 0 0.0 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 PAT PBT 25.0 23.48 60. 0 19.83 20.0 50. 0 16.28 40. 0 25.99 15.0 30.31 30. 0 20
Slide 45: Half Yearly Performance
Half Yearly Performance ( ₹ in Crores ) Revenue From Operations EBITDA 326.22 120 .0 305.69 100 .0 92.45 78.23 80. 0 60. 0 40. 0 20. 0 0.0 H1 FY26 H1 FY27 H1 FY26 H1 FY27 PBT PAT 80. 0 60. 0 70. 0 66.95 52.14 50. 0 60. 0 46.61 40. 0 36.11 50. 0 30. 0 40. 0 30. 0 20. 0 20. 0 10. 0 10. 0 0.0 0.0 H1 FY
Slide 46: Profit & Loss Statement – Q2 & H1FY27
Profit & Loss Statement – Q2 & H1FY27 ( ₹ in Crores ) PARTICULARS Q2 FY27 Q2 FY26 Y-o-Y Q1 FY27 Q-o-Q H1FY27 H1FY26 Y-o-Y A) Wealth Management Business 155.41 151.77 2.61% 148.32 4.91% 303.73 284.67 6.85% Transaction Based Services Income Brokerage Services 54.85 53.98 58.34 113.19 115.52 Interest F
Slide 47: Profit & Loss Statement – Q2 & H1FY27
Profit & Loss Statement – Q2 & H1FY27 ( ₹ in Crores ) PARTICULARS Q2 FY27 Q2 FY26 Y-o-Y / Bps Q1 FY27 Q-o-Q / Bps H1FY27 H1FY26 Y-o-Y /Bps Revenue from Operations 165.82 161.69 2.55% 160.40 3.38% 326.22 305.69 6.72% Other incomes 5.53 11.26 8.57 14.09 20.56 Total Income 171.35 172.95 (0.93%) 168.97
Slide 48: Balance Sheet Highlights
Balance Sheet Highlights ( ₹ in Crores ) EQUITY AND LIABILITIES Sep-26 Mar-26 ASSETS Sep-26 Mar-26 Total Equity 1,288.80 1,295.16 Property, plant and equipment 67.04 64.60 Equity Share capital 27.91 27.91 Capital work-in-progress 2.93 2.70 Other intangible assets 30.49 29.53 Non Controlling Interest
Slide 49: Thank You
Thank You Geojit Financial Services Ltd Adfactors PR Pvt. Ltd. Elizabeth V Vatsal Shah [email protected] [email protected] Vaibhav Gupta [email protected]
Geojit Financial Services — Q2 FY27 Earnings Presentation on 6ix