Authum Investment & Infrastructure Limited (AIIL) has released a business update and corporate presentation, outlining its transformation from a pure-play investment platform to a diversified credit business.
Key milestones include:
Change in strategy towards mid-large cap investments.
Acquisition of Open Elite Developers Limited (OEDL) and the business of Reliance Home Finance Limited (RHFL) through OEDL.
Scaling up of the Credit Business and platformization.
Continued scale-up of the Investment Business.
As of March 31, 2025:
Net worth: ₹14,689.3 crore
Investment Book size: ₹12,641.3 crore
Market Cap: ~₹37,500 Cr (as on 20thMay’25)
The company is diversifying its revenue streams with the ARC Platform.
Investment Business:
Long-term value creation framework with a focus on underlying fundamentals, sector presence, and management quality.
Exited investments during FY24 and FY25 show strong MOIC and XIRR.
Strategic investments include Prataap Snacks (42.33% stake) and NITCO Ltd. (~44.6% share capital).
Credit and Alternative Assets Business:
Focus on NBFC acquisition and integration to build capabilities in agency network, system capabilities, and geographic presence.
Loan book movement shows growth in fresh business.
Roadmap for an Integrated Credit and Alternative Assets Business includes:
Debt Buy Out Platform
Third-Party Retail Loans Servicing Platform
Asset Management Company (AUM of ~Rs. 1,400 Cr)
Strategic Way Forward:
Diversify revenue streams.
Allocate capital with a favorable risk-reward balance.
Platformize & Professionalize for scale.
Balance Sheet Highlights (as at March 31, 2025):
Total Assets: ₹16,087.4 crore, including Investments of ₹12,641.3 crore and Loans/credit substitute of ₹2,162.9 crore.
Net-worth: ₹14,689.3 crore.
Borrowings & Payables: ₹1,398.1 crore.
P&L Statement Highlights (FY25):
Total Revenue: ₹4,322.1 crore, including Investment Income of ₹2,663.4 crore and Interest Income of ₹396.0 crore.