📌 At a Glance
Authum Investment has grown from a niche NBFC to a ₹43,000 crore capital allocator on steroids. With a263% stock CAGR, zero dividends, sky-high EPS, and a ₹12,000 crore investment book, this is India’s quietest compounding monster — and arguably its mostopaque.
But how does a firm go from ₹5 crore in revenue (FY15) to ₹4,500+ crore (FY25)? Sit tight. The rabbit hole is deep. 🕳️
🏢 About the Company
- Name:Authum Investment & Infrastructure Ltd (AIIL)
- Sector:NBFC – Non-Banking Financial Services
- Incorporated:Pre-2010, but “rebooted” post-2017
- Core Business:Structured lending, equity investments, high-yield fixed portfolios, PE-style allocations, real estate finance
- Holdings:Mix of listed stocks, unlisted PE, real estate, and loans against shares (LAS)
Think of it as the
quiet cousin of Piramal + Edelweiss + Rakesh Jhunjhunwala, without the press coverage.
🧠 Business Segment Snapshot – FY25
| Segment | % of Business | Comment |
|---|---|---|
| Investments | 89% | Equity, PE, RE, and secured debt |
| Lending & Loans | 11% | Structured finance, LAS, NBFC |
- Investment AUM:₹10,317 Cr in FY25, up from ₹3,186 Cr in FY22
- Core Edge:Risk-adjusted returns from secured lending to stressed assets, turnaround plays
📈 Financials (FY21–FY25)
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue (₹ Cr) | 256 | 907 | 374 | 2,412 | 4,566 |
| Net Profit (₹ Cr) | 135 | 669 | 240 | 2,924 | 4,248 |
| EPS (₹) | 8.38 | 39.37 | 14.14 | 172.14 | 250.12 |
| ROE (%) | 14% | 29% | 8% | 39% | 34% |
| ROCE (%) | 14% | 29% | 8% | 39% | 31% |
| Book Value (₹) | ~185 | ~600 | ~700 | ~850 | 861 |
📌Note:These aren’t “growth” numbers. They’reteleportationnumbers. 🚀
📊 Compounded Growth Rates
| Metric | 5-Year CAGR |
|---|---|
| Revenue | >80% |
| PAT | >200% |
| Stock Price | 263% 🥵 |
| ROE Avg (3Y) | 33% |
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