NSE: AIIL · BSE: 539177
AUTHUM INVEST & INFRA LTD
Operates as an NBFC with FY26 total revenue of Rs 2,608.8 crore, split mainly between a Lending segment (Rs 1,349.69 crore) that earns interest income from business borrowers and an Investing Activity segment (Rs 1,275.78 crore) covering equity and other investment activity. Smaller revenue lines are a Rental Business (Rs 16.19 crore) and an Asset Reconstruction Company (ARC) segment (Rs 12.24 crore) that buys stressed assets under the Insolvency and Bankruptcy Code. On a consolidated balance sheet, total assets stand at Rs 19,210.74 crore against zero reported debt-to-equity. The reported operating costs — materials (1.2% of revenue), employee (2.9%), other opex (4.6%) and depreciation (1.1%) — together are small relative to revenue, with the remainder attributable to finance/cost of funds not separately broken out. Recent activity includes NCLT-approved resolution plans to acquire assets including certain real estate and assets of Wind World (India) Limited (financial commitment approximately Rs 350 crore) and Creatoz Builders Private Limited, plus incorporation of a wholly owned real-estate subsidiary WindCrest Realty Private Limited. The company classifies itself as an NBFC not accepting public deposits and has amended its objects to cover portfolio management, securitisation, infrastructure financing, AIFs, REITs and InvITs. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Lending Activity, Investing Activity, Rental Business, ARC. Asset-light NBFC doing lending, investing and stressed-asset acquisition; zero reported debt-to-equity.
Exhibit 1: Financial summary, FY23–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 539 | 4,376 | 4,578 | 2,609 |
| EBITDA (ex other income) | 4,638 | 4,275 | 4,095 | 2,301 |
| margin % | 860.9 | 97.7 | 89.4 | 88.2 |
| Owners' profit | 0 | 4,285 | 0 | 1,931 |
| EPS, as reported (₹) | 253.41 | 252.28 | 249.72 | 61.61 |
| ROE % · ROCE % | 126.0 · — | 41.4 · — | 28.9 · — | 13.1 · — |
| Debt / equity (x) | — | — | — | — |
| Cash from operations | 245 | 3,279 | (186) | 1,525 |
| Capex | (5) | (48) | (68) | (194) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,093 | 617 | 1,446 | 1,215 | 605 | 478 | 311 | 1,470 |
| Profit before tax | 960 | 614 | 1,248 | 1,144 | 539 | 278 | 156 | 1,249 |
| Net profit | 843 | 539 | 1,763 | 943 | 767 | 161 | 58 | 1,108 |
| EPS (₹) | 49.63 | 31.76 | 103.78 | 55.52 | 45.18 | 9.56 | 0.77 | 13.05 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Investing Activity | 934 | 35.2 |
| Lending Activity | 1,350 | 50.9 |
| Rental Business | 16 | 0.6 |
| ARC | 12 | 0.5 |
| Investment Activity | 342 | 12.9 |
| Total, before eliminations | 2,654 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,67,346 | 27.9 | 4.85 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,93,785 | 14.5 | 2.94 | — | 15.2 | — | 22.5 | 74.7 |
| TATA CAPITAL LIMITED | 1,28,620 | 23.5 | 2.73 | — | 10.4 | — | — | 75.8 |
| CHOLAMANDALAM IN & FIN CO | 1,25,298 | 21.7 | 4.11 | — | 17.2 | — | 26.5 | 71.2 |
| MUTHOOT FINANCE LIMITED | 96,653 | 8.5 | 2.43 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,250 | 22.1 | 3.20 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 42,997 | 19.2 | 2.89 | — | 13.8 | — | — | 78.4 |
| PIRAMAL FINANCE LIMITED | 42,166 | 24.9 | 1.50 | — | 5.3 | — | — | 63.4 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.1 | 18.5 | 35 of 200 | 83% |
| P/B | 2.8 | 1.1 | 203 of 253 | 20% |
| ROE | 13.1 | 3.1 | 30 of 257 | 89% |
| EBITDA margin | 90.1 | 48.6 | 39 of 249 | 85% |
| Revenue growth | 20.9 | 12.6 | 96 of 231 | 58% |
| Profit growth | 17.5 | 7.8 | 119 of 251 | 53% |
| Market cap | 41101 | 33 | 10 of 268 | 97% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 16 Oct 2026 · Compliance Certificate Under SEBI Regulation 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 14 Oct 2026 · Compliance certificate under SEBI Regulation 74(5) for October 2026 quarter | compliance | minimal | — | — |
| 13 Oct 2026 · Resolution Plan implementation completed for Wind World acquisition | regulatory legal | high | — | — |
| 10 Oct 2026 · Authum acquires 25% stake in Vibhav Energy via INR 100 Cr ICD conversion | strategic transactions | high | — | — |
| 30 Sept 2026 · AGM Results: All 9 resolutions passed; borrowing limit raised to Rs 5000 Cr | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Two Independent Directors re-appointed for second 5-year term | management changes | medium | — | — |
| 28 Sept 2026 · Authum 44th AGM held; 9 resolutions passed including borrowing powers up to Rs 5000 Cr | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Trading Window Closure from October 1, 2026 for Q2 FY26 Results | compliance | minimal | — | — |
| 15 Sept 2026 · Clarification on Volume Movement - no pending disclosures | regulatory legal | medium | — | — |
| 15 Sept 2026 · Exchange seeks clarification on unusual trading volume | regulatory legal | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.