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Investor Presentaiton

Indian Affordable Housing Finance Market Expected To Show Significant Growth INDOSTAR Ticket Size (Rs) Players in Indian Mortgage Market Increasing Penetration in LIG & EWS Segments to Drive Growth 69% 41% Average LTS Affordable Housing Market Comprises of loans with ticket sizes less than Rs 15 Lacs AUM - Rs 5 TN 17.1 35% 10.2 > 15 Lacs 8.7 Rs 25 Tn 19% Household Income: 4.7 6-15 Lacs 5% 10% 11% 7% 3% 2.5 2.8 1.8 0.6 <5L 5L-10L 10L-15L 15L-20L >20L AUM (RS Tn) Market Share Indian Mortgage Market (FY22) MIG & HIG LIG Rs 6 Lacs EWS 1.3 2-5 Lacs Household Income: Rs 3 Lacs Public Sector HFCS Banks Private Sectors Banks Others AUM (RS Tn) Market Share Indian Mortgage Market Tier II and Below ~20 Mn Units Metros and Tier I Affordable Mortgage Market is expected to grow at over 10% in the next 5 years... ...with AHFCs gaining market share in overall HFC market over the past few years 7.2 5.0 4.0 Rs. 8 Tn Rs. 5 Tn FY20 FY27E Mar-18 Mar-20 Dec-21 Under Penetratio n in Tier II and Below Market Housing Shortage Financed Units 10 Mn 10 Mn Financed Units 1,100 Mn/ 220 Mn Significant room to grow 230 Mn/ 46 Mn Financed Units ~5% ~22% In 2022, housing shortage in India was 100 Mn units with LIG & EWS contributing 95% to the same Incremental housing loan demand from above shortage is Rs 50-6- Tn indicating huge potential for growth Significant Tailwinds In Favour Of Affordable Housing Helping Affordable Housing Finance Companies ('AHFC') Gain Market Share Source: CRIF High Mark Report, ICRA, Prospectus of Listed Peers 9
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