Authum Investment & Infrastructure Limited (AIIL)

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Authum Investment & Infrastructure Limited (AIIL) · mywealthgrid

About

Authum Investment & Infrastructure is an NBFC with a ₹48k Cr market cap providing investment and infrastructure financing within India's financial sector. The company operates at exceptional operating margins (88.2%) with conservative leverage (D/E 0.23), though its recent financial trajectory shows significant quarter-to-quarter volatility.

Face value: ₹1

Market cap

₹45,797 Cr

P/E

12.8×

P/B

3.1×

Dividend yield

0.3%

ROE

13.1%

ROCE

—

Debt / equity

0.23

OPM

88.2%

EPS (TTM)

₹42.2

Book value

₹173.4

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margins of 88.2% are unusually high for an NBFC; verify whether this reflects niche, high-margin lending or if lower-volume segments mask concentration risk in customer or product mix
Revenue jumped from ₹595–605 Cr (Sep 2025) to ₹1,448–1,469 Cr (Jun 2026), while net profit swung from ₹764–767 Cr to ₹1,108–1,114 Cr; confirm the source and repeatability of this acceleration
Negative 1-year return (−1.53%) despite a PE of 13.39 and ROE of 13.13% suggests investor concerns about growth sustainability or near-term headwinds not visible in current earnings
Promoter holding at 68.81% is concentrated; verify pledge levels, regulatory capital constraints, or promotional actions that may affect liquidity

Generated analysis · source review pending

Growth drivers

Revenue jumped from ₹595–605 Cr in Sep 2025 to ₹1,448–1,469 Cr in Jun 2026; verify whether this reflects new lending segments, partnerships, or a one-time large transaction and if operating margins hold at scale
Bonus issued in Jan 2026 and regular dividends (May 2025, Mar 2025) indicate sustained cash generation; assess whether free cash flow supports dividend growth or enables reinvestment
Debt-to-equity of 0.23 is conservative for an NBFC; verify whether headroom to increase leverage, if demand warrants, enables AUM and revenue expansion

Generated analysis · source review pending

1,220 historical price candles were omitted because the exchange source has not been verified.

₹539.3-0.5%1Y

Quick read

rule-based

Pros

+Strong return on equity of 29.5% (3-yr avg)
+Healthy operating margin of 88.2%
+Comfortable interest coverage of 11.7×
+High promoter holding of 68.8% with no pledge

Cons

−Low dividend payout of 3.6% of profit
−Promoter holding fell 6.1 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

75/100

Business quality: 74
Growth: 75
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY MIDCAP 150 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Shriram Finance LimitedSHRIRAMFINSHRIRAMFIN	₹1,77,811 Cr	₹4,28,503 Cr	₹49,997 Cr	₹36,981 Cr	73.7%	₹11,318 Cr	20.8%	—	16.4%	—
Tata Capital LimitedTATACAPTATACAP	₹1,35,540 Cr	₹3,71,517 Cr	₹32,695 Cr	₹24,219 Cr	73.2%	₹5,404 Cr	15.5%	—	13.3%	—
Cholamandalam Investment And Finance Company LimitedCHOLAFINCHOLAFIN	₹1,33,352 Cr	₹3,45,452 Cr	₹32,663 Cr	₹22,399 Cr	68.2%	₹5,751 Cr	16.8%	—	19.3%	—
Muthoot Finance LimitedMUTHOOTFINMUTHOOTFIN	₹1,08,289 Cr	₹2,60,075 Cr	₹33,431 Cr	₹27,558 Cr	81.4%	₹11,373 Cr	34%	—	30.9%	—
L&T Finance LimitedLTFLTF	₹66,238 Cr	₹1,76,126 Cr	₹18,928 Cr	₹11,603 Cr	61.1%	₹3,226 Cr	16.7%	—	11.2%	—
Sbi Cards And Payment Services LimitedSBICARDSBICARD	₹53,594 Cr	₹97,658 Cr	₹20,063 Cr	₹5,374 Cr	26.7%	₹2,275 Cr	10.9%	—	14.7%	—
Hdb Financial Services LimitedHDBFSHDBFS	₹51,335 Cr	₹1,38,733 Cr	₹16,300 Cr	₹9,318 Cr	57.2%	₹2,176 Cr	13.4%	—	14.7%	—
Sundaram Finance LimitedSUNDARMFINSUNDARMFIN	₹48,838 Cr	₹1,18,475 Cr	₹10,104 Cr	₹7,957 Cr	78.3%	₹2,220 Cr	21%	—	14.7%	—
Piramal Finance LimitedPIRAMALFINPIRAMALFIN	₹45,868 Cr	₹1,25,857 Cr	₹11,852 Cr	₹7,051 Cr	59.5%	₹1,504 Cr	12.7%	—	5.3%	—
Authum Investment & Infrastructure LimitedAIILAIIL	₹45,797 Cr	₹49,133 Cr	₹2,863 Cr	₹2,451 Cr	88.2%	₹3,582 Cr	74%	—	13.1%	—
Mahindra & Mahindra Financial Services LimitedM&MFINM&MFIN	₹44,445 Cr	₹1,72,816 Cr	₹21,733 Cr	₹13,785 Cr	62.5%	₹3,253 Cr	13.6%	—	11.9%	—
Poonawalla Fincorp LimitedPOONAWALLAPOONAWALLA	₹38,161 Cr	₹86,259 Cr	₹7,813 Cr	₹4,291 Cr	52.7%	₹787 Cr	8%	—	5.9%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	4,376	4,578	2,609
Interest	65	52	199
Expenses	160	484	308
Financing profit	4,152	4,043	2,102
Financing margin %	94.9%	88.3%	80.6%
Other income	24	34	45
Depreciation	8	9	30
Exceptional items	58	0	0
Profit before tax	4,226	4,067	2,115
Tax	-59	-174	186
Tax %	-1.4%	-4.3%	8.8%
PAT	4,285	4,241	1,929
EPS (₹)	252.3	249.7	61.6
EPS adjusted (₹)	50.5	50	22.7
	0%	0.4%	—
Annual report	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	17	17	17	85
Reserves	3,399	10,328	14,672	14,643
Minority interest	—	—	—	38
	1,704	637	694	3,336
	1,779	639	704	1,109
Total equity & liabilities	6,900	11,621	16,087	19,211
	137	7	93	414
CWIP	—	0	0	0
Investments	3,543	8,940	12,739	15,473
	3,219	2,674	3,256	3,324
Total assets	6,900	11,621	16,087	19,211

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	245	3,279	-186	1,525
	48	-2,266	222	-3,958
	-627	-1,164	-127	2,376
Net cash flow	—	-150	-91	-58
Free cash flow	—	3,231	-254	1,331
CFO / Operating profit %	—	77.8%	-4.6%	66.3%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: -43%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: -55%

Return on equity

7 years: —
5 years: —
3 years: 28%
Last year: 13%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Lending Activity	1,349.69	1,127.63	4,214.61	696.62	3,517.99	32.05
Investing Activity	1,275.78	985.36

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	98.3%
EBITDA margin %	96.4%	89.4%	88.2%
EBIT margin %	96.2%	89.2%	87.1%
PAT margin %	97.9%	92.6%	74%
Working capital
Receivable days	—	—	—
Inventory days	0	0	254
Payable days	—	—	—
NWC days	—	—	—
Leverage
Current ratio	—	—	—
Debt to EBITDA	0.15	0.17	1.45
Debt to equity	0.06	0.05	0.23
Interest coverage	64.9	79.2	11.7
Asset turnover	0.38	0.28	0.14
Return ratios
Return on assets %	36.9%	26.4%	10%
Return on capital employed %	—	—	—
Return on equity %	41.4%	28.9%	13.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.53%	74.53%	74.72%	74.95%	74.95%	74.95%	74.95%	74.95%	68.79%	68.79%	68.81%	68.81%
	7.14%	7.19%	7.19%	7.24%	7.29%	7.31%	7.41%	7.94%	14.11%	14.45%	14.24%	14.28%
	0%	0%	0%	0%	0.01%	0.02%	0.09%	0.15%	0.24%	0.17%	0.19%	0.2%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	18.33%	18.28%	18.09%	17.81%	17.75%	17.72%	17.55%	16.96%	16.86%	16.59%	16.76%	16.71%
No. of shareholders	—	—	—	—	—	—	—	—	37,613	33,789	39,531	37,689

Promoter holding down 5.72 percentage points since Sep 2023.

1 disclosure

Person	Deal	Shares	Value	Holding	Filed
Mentor Capital LimitedPromoters	SellMarket Sale	46,61,309	₹1,165.6 cr	6.24% → 3.49%	17 Aug 20257(2)

Disclosed under SEBI’s insider-trading regulations, which require a filing only above ₹10 lakh in a quarter — smaller dealings are in no disclosure. Holdings are the filer’s own percentages, not recomputed.

13 deals · 29 Sept 2023 – 18 Sept 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
18 Sept 2025	GOLDMAN SACHS (SINGAPORE) PTE - ODI	Block	NSE	Sell	4,63,091	₹3,275.60	₹151.69 Cr
18 Sept 2025	GOLDMAN SACHS BANK EUROPE SE - ODI	Block	NSE	Buy	4,63,091	₹3,275.60	₹151.69 Cr
16 Sept 2025	GOLDMAN SACHS (SINGAPORE) PTE - ODI	Block	NSE	Sell	3,15,201	₹3,276.90	₹103.29 Cr
16 Sept 2025	GOLDMAN SACHS BANK EUROPE SE - ODI	Block	NSE	Buy	3,15,201	₹3,276.90	₹103.29 Cr
14 Aug 2025	MENTOR CAPITAL LIMITED	Bulk	BSE	Sell	46,61,309	₹2,500.58	₹1,165.60 Cr
14 Aug 2025	FIDELITY SECURITIES FUND FIDELITY BLUE CHIP GROWTH FUND	Bulk	BSE	Buy	27,41,834	₹2,500.00	₹685.46 Cr
25 Jul 2025	MENTOR CAPITAL LIMITED	Bulk	BSE	Sell	58,00,000	₹2,253.57	₹1,307.07 Cr
25 Jul 2025	FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH FUND	Bulk	BSE	Buy	22,67,200	₹2,250.00	₹510.12 Cr
25 Jul 2025	GOLDMAN SACHS (SINGAPORE) PTE	Bulk	BSE	Buy	8,88,889	₹2,250.00	₹200.00 Cr
29 Sept 2023	NARIMAN INVESTMENT HOLDINGS PRIVATE LIMITED	Block	BSE	Sell	52,00,000	₹398.70	₹207.32 Cr

1–10 of 13

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Amit K DangiExecutive Director-Chairperson
Mr. Divy DangiExecutive Director
Mr. Deepak DhingraChief Risk Officer
Mr. Haridas BhatNon-Executive - Independent Director
Mr. Rahul Arun BagariaNon-Executive - Independent Director
Mr. Akash SuriExecutive Director-CEO
Mrs. Asha Anil AgarwalNon-Executive - Independent Director
Mr. Ajai KumarNon-Executive - Independent Director
Mr. Santosh Balachandran NayarNon-Executive - Independent Director
Mr. Rajeev RANon-Executive - Independent Director
Ms. Dipyanti JaiswarCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 10 fund houses

Held by these funds

0.12%

of the company's equity

All mutual funds

0.16%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

26 schemes · 10 fund houses

		Shares
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	2.57 L	14.42	0.35%	0.03%	+9,089
ETF Nifty Midcap 150	Nippon India Mutual Fund	2.52 L	14.16	0.35%	0.03%	+14,968
Nifty Midcap 150 Index Fund	Nippon India Mutual Fund	1.77 L	9.93	0.35%	0.021%	+3,247
Nifty Midcap 150 Index Fund	ICICI Prudential Mutual Fund	82,833	4.65	0.35%	0.01%	+2,712
Nifty Midcap 150 Index Fund	SBI Mutual Fund	80,049	4.49	0.35%	0.009%	+3,226
Nifty Midcap 150 ETF	ICICI Prudential Mutual Fund	48,921	2.74	0.35%	0.006%	-151
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	42,206	2.37	0.07%	0.005%	+1,448
NIFTY MIDCAP 150 INDEX FUND	Tata Mutual Fund	20,780	1.17	0.35%	0.002%	+589

1–8 of 26

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

2

Interim dividend16 May 2025 · ex-date₹0.5
Interim dividend27 Mar 2025 · ex-date₹1

1

Board meeting to consider results20 Jul 2026

1

Face value ₹10 → ₹120 Oct 2021 · ex-date

1–3 of 4

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

26 announcementsExport CSV

5 Sept 2026, 2:35 pmAGM/EGM

Notice Of The 44Th Annual General Meeting

AGM PDF

5 Sept 2026, 2:31 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

4 Sept 2026, 4:11 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

25 Aug 2026, 7:05 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

25 Aug 2026, 7:03 pmCompany Update

Announcement under Regulation 30 (LODR)-Meeting Updates

Meeting Updates PDF

18 Aug 2026, 9:31 pmCompany Update

Announcement under Regulation 30 (LODR)-Acquisition

Acquisition PDF

7 Aug 2026, 1:17 pmCompany Update

Clarification On Volume Movement Letter

General PDF

7 Aug 2026, 11:33 amCompany Update

Clarification sought from Authum Investment & Infrastructure Ltd

Clarification

Date	Category	Subject	Filing
5 Sept 2026, 2:35 pm	AGM/EGM AGM	Notice Of The 44Th Annual General Meeting	PDF
5 Sept 2026, 2:31 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF

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Authum Investment & Infrastructure Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Dividends2

Board meetings1

Stock splits1

Announcements

Ratio timeline

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Not in the F&O segment

Dividends2

Board meetings1

Stock splits1

Announcements

Annual reports

Credit ratings

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

ARC · revenue

2

1

1

2

1

1