DiGiSPICE

Date: May 17, 2026

BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400 001
Scrip Code: 517214

National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block
Bandra – Kurla Complex, Bandra (E)
Mumbai – 400 051
Scrip Code: DIGISPICE

Sub.: Investors presentation on the performance for the Quarter and year ended 31st March, 2026

Dear Sir/Madam,

This is in continuation of the Company’s letter dated 13th May, 2026, with regard to a conference call for Investors/Analysts with senior management team, scheduled to be held on Monday, 18th May, 2026 at 12:00 P.M.

We are enclosing the presentation which may be used by the Company for the potential meeting with Analysts and Investors community and will also be made available on the website of the Company, www.digispice.com.

You are requested to kindly take the above on record and oblige.

Thanking you.

Yours faithfully,
For DiGiSPICE Technologies Limited

PANKAJ
ARORA

(Pankaj Arora)
Company Secretary & Compliance Officer

DiGiSPICE Technologies Limited
CIN – L72900DL1986PLC330369
Regd. Office: JA-122, 1st Floor, DLF Tower A, Jasola, New Delhi – 110025, Tel: +91 11 41251965
Corp. Office: Spice Global Knowledge Park, 19A & 19B, Sector – 125, Noida – 201301, Uttar Pradesh, India – Tel: +91 120 5029101
Email ID: [email protected] | Website: www.digispice.com

DiGiSPICE

Spice money

Investor Presentation Q4 FY'26

18th May, 2026

DIGISPICE

The Spice Bharat Stack 1
Road Ahead 2
Key Highlights 3
Digispice Technologies: At a Glance 4
Financial Highlights 5
Key Business Update 6
Key Services Update 7
Licenses and Partnerships 8

www.tohse.kar

In链接 and InTeR

DIGISPICE

The Spice Bharat Stack: Agent-Led Distribution, Customer & Merchant-Led Transactions, Credit-Led Growth

Cash Deposit, Money Transfer, Account Opening, Ticket Booking, Pan Card, Loans, Insurance

Spice Money (Agent App)

B2B2C Platform- Enabling Financial Services for Bharat

Spice Pay (Customer & Merchant App)

A PPI wallet-based UPI Account Digitizing Payments in Cash First Markets in Bharat

Spice Bharat Stack

Lending Business (Merchant & Consumer)

Empowering Bharat through accessible Credit

Spice pay

Bharat Ka Naya

UPI APP

Bina Bank Account Ke

Spice pay

Scan & Pay

Send & Receive

BHARAT

BILPAY

Spend → Save → Invest → Credit

We are a Fintech business with over ~1.7 mn Agents using our digital platform to deliver assisted digital payment services, basic banking and financial services to over 170 mn+ customers across 2.6 lakh small towns.

www.cashinfo.com

DIGISPICE

The Spice Bharat Stack: Driving Digital Led Financial Inclusion- Unfolding The Next Chapter

ATM

Bharat's Largest Assisted ATM Network (AePS, m-ATM & UPI Cash Point)

Cash withdrawals in the remotest parts of India.

Next:
AePS Cash Deposit and UPI Cash Withdrawal

COLLECTIONS

Bharat's Largest Rural Cash Collection Network (via BC Agents)

Loan EMI and cash collection for NBFCs and MFIs.

Next:
BBPS-led EMI & Utility Collections

FINANCIAL SERVICES

Bharat's Deepest Financial Distribution Grid

Assisted sales of Accounts, Loans, Insurance

Next:
Full Stack API-led Cross-sell

SPICE PAY

Bharat's First Assisted PPI Wallet-Based UPI Account

UPI Led Spends in Cash first Markets

Next:
Tailored cross-sells

LENDING

Empowering Bharat with Accessible Credit

Transaction backed credit for Agent, Merchant & Consumers

Next:
Lending to Agents and via Agents

www.indusm

dI Life

Key Highlights

DiGiSPICE

> Strong Financial Performance with full-year FY'26 results delivering a PAT from Continuing Business of ₹25.4 Crs in FY'26 compared to ₹6.5 Crs in FY'25.
> Overall PAT stood at ₹19.3 Cr in FY'26 compared to ₹0.2 Cr* in FY'25.
> Merger Update: Merger application was presented before the Hon'ble NCLT where the first motion was accepted and DiGiSPICE is in the process for convening a meeting of its Shareholders for their approval on merger.
> Credit breakeven: Credit operations are nearly approaching a breakeven, with improving gross margins and strengthening unit economics supporting a path to profitability.
> Improved Operational Efficiency: Ongoing measures aimed at margin improvement, cost optimization, and enhancing geographic efficiency.
> Product Expansion & Partnerships:
> - Launched insurance offerings in Q2, including Shop Insurance and Mobile Screen Protection. An additional 5+ insurance products are currently in the pipeline.
> - Scaling up FD-backed Credit Card.
> - Opened new 210+ banking outlets in partnership with NSDL.
> - In journey to launch savings and investment products in the coming quarters.

*excluding impact of Notional gains/(Loss) on DigiAsia Investment

Strengthening foundation through execution, product innovation, & focusing on customer ownership for sustainable, long-term growth.

DIGISPICE

Digispice Technologies: FY’26 At a Glance

| Spice Money
(as of 31^{st} March) | 16.6 lakhs+
Registered Agents (#) | 2.57 lakh+
Small Town coverage (#) | 2.75 Cr +
(Monthly)
Customers Served | 1,000+
Employees (#) |
| --- | --- | --- | --- | --- |
| | | | | |
| Product Metrics
(for FY’26) | ₹59,405 Cr
15.9% ▲ Y-o-Y
AEPS GTV | 18.41%
Market share 6.6% ▲ Y-o-Y
Market leader in Off-Us AEPS | 85
11 Enterprises ▲ Y-o-Y
Enterprise Collection Partners (#) | ₹46,080 Cr
9.4% ▲ Y-o-Y*
CMS GTV |
| | ₹5,698 Cr
7.5% ▲ Y-o-Y
BBPS GTV | 16.5 lakhs+ (Lifetime)
1.6x ▲ Y-o-Y
CASA opened (#) | ₹305+Cr
45% ▲ Y-o-Y
Float Balance | ₹606 Cr
2.8x ▲ Y-o-Y
Credit Disbursement |
| | | | | |
| Financial Indicators
(for FY’26) | ₹464.7 Cr
3.6% ▲ Y-o-Y
Revenues | ₹201.2 Cr
13.0% ▲ Y-o-Y
Gross Margin | ₹37.2 Cr
2.4x ▲ Y-o-Y
EBIT | ₹25.4 Cr
4x ▲ Y-o-Y
PAT (Continued Business) |
| | 11.2%
Return on Capital Employed | Zero
Debt | 27.8%
Return on Investment | 6.8%
Business CAPEX/ Net Worth |

Growth/de-growth figures are calculated after excluding business from one opportunity client.

Building a Trusted Financial Services Platform for Bharat

DIGISPICE

Financial Highlights: Robust Momentum with Margin led growth

Particulars (Rs. Crs)	Q4FY25	Q3FY26	Q4FY26	Growth		Year ended		Growth
				Q-o-Q	Y-o-Y	FY25	FY26	Y-o-Y
1. Customer GTV	32,036	31,164	31,444	1%	-2%	1,15,787	1,27,895	10.5%
2. Revenue	116.8	109.1	107.2			448.5	464.6	4%
Platform	116.1	108.3	105.8	-2%	-8.9%	446.5	461.1	3.3%
New Engines*	0.7	0.8	1.4			2.0	3.5
3. Gross Margin	49.1	51.4	48.6	-5.4%	-0.9%	178.0	201.2	13%
Platform	48.3	50.8	47.4	-6.6%	-1.8%	177.5	198.1	11.6%
New Engines	0.8	0.6	1.2			0.5	3.0
4. Indirect Costs	48.3	45.3	47.3			181.6	180.3
Platform	44.8	43.5	45.3	4%	1%	169.8	171.8	1.20%
New Engines	3.6	1.8	1.9			11.8	8.5	-27%
5. EBITDA	0.7	6.1	1.3	-78%	89%	-3.6	20.8	6.8x
Platform	3.5	7.3	2.1	-71%	-40%	7.7	26.3	3.4
New Engines	-2.8	-1.2	-0.7	37%	73%	-11.2	-5.5	51%
6. EBIT (after other income & dep.)	5.2	9.8	6.8	-30%	32%	15.6	37.3	2.4x
Platform	8.5	11.7	8.7	-26%	3%	28.8	46.2	60%
New Engines	-3.3	-1.9	-1.9			-13.3	-9.0
7. PAT (Continued business)	2.6	6.7	4.5	-33%	72%	6.5	25.4	3.9x
8. PAT (Discontinued business)	-1.1	-1.0	-1.7			-6.3	-2.8
9. PAT (Continued+Discontinued)	1.5	5.7	2.8			0.2	22.6
10. Notional gains/(Loss) on Investments **	-13.7	-	-			-39.1	-
Exceptional Items (net of taxes)	-	3.3	-			-	3.3
11. PAT (after notional gains/loss)	-12.3	2.4	2.8	15%	1.2x	-38.9	19.3	1.5x
Gross Margin % on Customer GTV	0.15%	0.16%	0.15%			0.15%	0.16%
Gross Margin % on Revenue	42.0%	47.1%	45.4%			39.7%	43.3%

Revenue grew by 4% in FY'26 vs FY'25, primarily driven by higher GTV. The remaining impact was due to reclassification changes.
Gross Margin registered a growth of 13% in FY'26 vs FY'25 driven by higher GTV as well as margin rate improvements.
EBITDA rose 6.8x in FY26 compared to FY25, reaching ₹20.8 crore, driven by 11.6% growth in gross margins from the Platform Business compared to 1.2% increase in indirect costs.
PAT from continued operations came in at ₹25.4 Cr for FY'26 & ₹4.5 Cr for Q4FY26.
The Credit Business is nearing break-even on the back of current operating trends and is expected to achieve profitability in the near term.

*New Engines include Credit and Spice Pay

A business

2017 Life is a

DIGISPICE

Key Business Update- Expanding Reach, Deepening Market Presence

Spice Money Agents

Geographical Presence Across
- 2.57 L Small Towns
- 6,454 Blocks
- 13.2 lakh SMAs in Tier 4,5,6 Small Towns
(Population <20K / Small Town)

Region	SMAs (Nos)	% of Total
North	5,64,539	34.0%
East	5,31,809	32.0%
Central	3,00,832	18.1%
	1,52,712	9.2%
West	1,10,608	6.7%
	No presence	-
Total	16,60,500	100.0%

Spice Money
तो Life वली

DIGISPICE

Key Business Update- Sustained Growth in Transaction Value & Margins

GTV (in ₹ ‘000 Cr)

Gross Margin (in ₹ Cr)

GTV grew 10.5% in FY'26 vs FY'25, driving a 13% increase in Gross Margin. This was primarily led by higher contribution from Credit, CASA, and other financial products, whose share of Gross Margin increased from 9% in FY'25 to 11% in FY'26.

DIGISPICE

Key Services Update- AEPS Business

AEPS CW GTV- Off-Us Industry & Spice Money (in INR. '000 Crs) & Market Share (%)

Growth in Market Share from 17.27% to 18.41% in FY'26 vis-à-vis FY'25. While quarterly some drop has been observed due to subsidy cycles in different states.

Transactions Attempted (In ₹ Cr) & Success Ratio %

AEPS Success Transaction rates remained stable above 70% in Q4, with comparable transaction counts.

AEPS-Cash Deposit GTV (in ₹ Crs)

Subscription Packs Sold (#Nos.)

AEPS Cash Deposit GTV experienced steady growth, while sales of new subscription packs remained stable.

AEPS Cash Withdrawal: Our focus on expanding AEPS services in high potential districts is successfully helping us increase our market presence.
AEPS Cash Deposit: GTV is on the rise as number of transactions increase with more banks integrating.
Subscriptions: Continuous subscription to our VIP packs is helping us maintain stickiness & stronger platform engagement; with GTV contribution growing from 33% in FY25 to 44% in FY26.

Industry Levers

AEPSC

Industry

Levers

AEPS Cash Withdrawal: Our focus on expanding AEPS services in high potential districts is successfully helping us increase our market presence.
AEPS Cash Deposit: GTV is on the rise as number of transactions increase with more banks integrating.
Subscriptions: Continuous subscription to our VIP packs is helping us maintain stickiness & stronger platform engagement; with GTV contribution growing from 33% in FY25 to 44% in FY26.

AEPS Led Cash Deposit & UPI Cash Withdrawal is the Next Big Opportunity

DIGISPICE

Key Services Update- Collections Business

Collections GTV (in ₹ Cr)

Collections GTV increased in FY'26 vs FY'25, primarily driven by 12% growth in BBPS, reflecting Company's continued emphasis on expanding its digital collections business. Also, BBPS contribution to overall GTV rose from 9% in Q4 FY25 to 13% in Q4 FY26.

Growth Metrics

The CMS Industry remains highly price-competitive, while the company continues to focus on strengthening enterprise partnerships to drive future growth.
Onboarded 11 New Clients for CMS in FY'26, capturing opportunities in the price-sensitive market.
205 Billers Live in Q4, collecting EMIs from 50 lacs+ yearly customers.
18 Service categories Live on BBPS- Others

Collections- Client Funnel (# Nos.)

The strategic focus is to transition the CMS business towards the BBPS (Agent Mode).

Opportunity Ahead

Digital Collection Expansion: Scale collections efficiently through accelerated BBPS adoption.
Enterprise Partnerships: Strengthen engagement with transacting enterprises by transitioning them from CMS to BBPS- Agent Mode.
BBPS- Other Payments: Continue deepening user engagement and transaction volumes—majorly on Electricity Payments, DTH, Recharge etc.

Despite pricing pressures in CMS, growth is being driven by new enterprise partnerships and BBPS-led digital collections.

DIGISPICE

Key Services Update- Financial Product Distribution Business

Total Accounts(CA/SA)

Total Float (in ₹ Crs)

Value of Grahak Loans Disbursed (in ₹ Crs)

FD backed Credit Card (# Nos.)

Growth Metrics

Live with over 60,000+ Adhikaris.
Consistently growing opening of Current & Savings Accounts and driving healthy accounts with Average Bank Balances of -₹1,800.
Opened 210+ Banking Outlets in partnership with NSDL till Q4'26.
Diversifying offerings through new account variants, a stronger cross-sell focus across FDs, RDs, and savings products, and building float are expected to serve as key future growth drivers.
Targeting supply-side strengthening to drive growth in the credit distribution business.
7 lenders on-board for Credit Distribution driving constant growth in credit disbursed.
Product Diversification: Scale into 5+ more categories in secured credit as well as Insurance.
Savings, Investment products next in pipeline.

Growing accounts, rising float balances, & higher distribution of loans, insurance, & credit cards driving recurring revenue growth.

Key Services Update- Credit Business

DiGiSPICE

Volume of Embedded Finance/Adhikari Loans Disbursed (# Nos.)

Credit Growth

Value of Embedded Finance/ Adhikari Loans Disbursed (in ₹ Crs)

Future Growth Drivers

Transaction Data-Driven Underwriting: Continued scale-up in loans to SMAs under the FLDG-backed underwriting model (Embedded Finance).
Continued growth momentum in Adhikari Loans, driven by scalable underwriting, rising repeat loans, increasing ticket size, stable portfolio quality, and platform-led operational efficiencies.
The focus is on new experiments across different cohorts in Adhikari Loans.
Launched Vyapaar Loan (MSME Lending) in partnership with Muthoot in Q3.
Strategic partnerships: Collaborating with multiple lenders to scale both Adhikari & Vyapaar Loan offerings.
Data-Led Targeting: Leveraging transaction-based insights to enhance lead conversion and strengthen risk assessment models.
Geographic Reach: Expanding into high-potential, underserved credit markets.

Scale tech-led, data-driven credit that enables credit for MSME's through deeper partnerships, smarter underwriting, & strengthened distribution.

DIGISPICE

Licenses we Hold and Our Partnerships

Prepaid Instrument (PPI) license
Bharat Bill Payment System license
Licenses we Hold
IRCTC
IRCTC Principal Agency license
IRDAI Corporate Agency license
AUDHAAR
AUA/KUA license

Banking Business Partners

AXIS BANK
NSDL
Technology Trust & Reach
YES BANK

MFlS
CASHPOR MICRO CREDIT
AROHAN
Financial Services Limited
Fusion Microfinance
ANNAPURNA
FINANCE
CHEMICALS
Chaitanya
CHRISTOPHER
L&T Finance
NBFCs
TholsooE
TIVSCREDIT
IIFL
LI&T
SUBSCRIBE
LOGISTICS & E-commerce
DELHIVERY
meesho
XPRESSBEES
Delhivering Responses

Insurance Business Partners

ICICI
Lombard
care
HEALTH INSURANCE
ONEASSIST™

Thank You

For further queries please contact:

Hashika Mutreja
Adfactors PR

+91 9167753859

+91 9953327021

aastha.garg
Associate Vice President,
Spice Money Limited

hashika.mutreja@
@adfactorspr.com

[email protected]

AI assistant

DIGISPICE TECHNOLOGIES LIMITED Investor Presentation 2026

64160_rns_2026-05-17_35c9dee4-4311-4096-a83f-bfa6e16454fe.pdf

Investor Presentation Q4 FY'26

Table of Contents

The Spice Bharat Stack: Agent-Led Distribution, Customer & Merchant-Led Transactions, Credit-Led Growth

The Spice Bharat Stack: Driving Digital Led Financial Inclusion- Unfolding The Next Chapter

ATM

COLLECTIONS

FINANCIAL SERVICES

SPICE PAY

LENDING

Digispice Technologies: FY’26 At a Glance

Financial Highlights: Robust Momentum with Margin led growth

Key Business Update- Expanding Reach, Deepening Market Presence

Spice Money Agents

Key Business Update- Sustained Growth in Transaction Value & Margins

GTV (in ₹ ‘000 Cr)

Gross Margin (in ₹ Cr)

Key Services Update- AEPS Business

Key Services Update- Collections Business

Growth Metrics

Opportunity Ahead

Key Services Update- Financial Product Distribution Business

Licenses we Hold and Our Partnerships

Banking Business Partners

Credit Business Partners

Collection Business Partners

Insurance Business Partners

Thank You

AI assistant

DIGISPICE TECHNOLOGIES LIMITED — Investor Presentation 2026

64160_rns_2026-05-17_35c9dee4-4311-4096-a83f-bfa6e16454fe.pdf

Investor Presentation Q4 FY'26

Table of Contents

The Spice Bharat Stack: Agent-Led Distribution, Customer & Merchant-Led Transactions, Credit-Led Growth

The Spice Bharat Stack: Driving Digital Led Financial Inclusion- Unfolding The Next Chapter

ATM

COLLECTIONS

FINANCIAL SERVICES

SPICE PAY

LENDING

Digispice Technologies: FY’26 At a Glance

Financial Highlights: Robust Momentum with Margin led growth

Key Business Update- Expanding Reach, Deepening Market Presence

Spice Money Agents

Key Business Update- Sustained Growth in Transaction Value & Margins

GTV (in ₹ ‘000 Cr)

Gross Margin (in ₹ Cr)

Key Services Update- AEPS Business

Key Services Update- Collections Business

Growth Metrics

Opportunity Ahead

Key Services Update- Financial Product Distribution Business

Licenses we Hold and Our Partnerships

Banking Business Partners

Credit Business Partners

Collection Business Partners

Insurance Business Partners

Thank You

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DIGISPICE TECHNOLOGIES LIMITED Investor Presentation 2026